It is a environment private limited company based in Erode, Tamil Nadu, India, established in 1981.
1981 | Erode, Tamil Nadu, India | ActiveVelatal Industries Private Limited, a active private limited company, was established on 08 May 1981 in Erode, Tamil Nadu, India. Engaging in wind energy solutions within the manufacturing sector, it holds CIN: U17111TZ1981PTC001053. Registered under ROC Roc Coimbatore. it is unlisted. It has an authorized capital of ₹2.00 Cr and a paid-up capital of ₹1.95 Cr.
Formerly known as Velatal Spinning Mills Private Limited. It upholds a compliant status. Its leadership includes Palanisamy Selvaraj (Managing Director), Sudha Selvaraj (Director), Hariprasath Selvaraj (Managing Director). Past directors included Nallammal, Palanisamy Selvaraj, Bhawarlal Ashok. It holds ₹112.40 Cr open charges and ₹65.24 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 115Tiruchengode Road Pallipalayam, Erode, Tamil Nadu, 638006.
U17111TZ1981PTC001053
001053
08 May 1981
₹2.00 Cr
₹1.95 Cr
Roc Coimbatore
Unlisted
Active
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| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Palanisamy Selvaraj | Managing Director | 08 May 1981 | Current |
| Sudha Selvaraj | Director | 30 Sep 1997 | Current |
| Hariprasath Selvaraj | Managing Director | 12 Nov 2012 | Current |
| Mirthulavarshini | Additional Director | 26 Jun 2025 | Current |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Director | 24 Nov 2021 | Past |
| Pramod Abcsdd | Managing Director | 29 Feb 2020 | Past |
| Pramod Abcsdd | Director | 29 Sep 2007 | Past |
| Pramod Abcsdd | Director | 29 Sep 2007 | Past |
| Pramod Abcsdd | Director | 29 Sep 2007 | Past |
| Pramod Abcsdd | Director | 29 Sep 2007 | Past |
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Velatal Industries Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 9% decrease. The company also saw a substantial improvement in profitability, with a 44.9% increase in profit. The company's net worth Soared by an impressive increase of 12.75%.
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In 2023, Velatal Industries had a promoter holding of 65.11% and a public holding of 34.89%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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₹1,124,000,000.00
₹652,400,000.00
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Jan 2020 | Axis Bank Limited | ₹112.40 Cr | Open |
| 05 Oct 1998 | Bank Of India | ₹8.00 M | Satisfied |
| 06 Dec 1990 | Bank Of India | ₹1.00 M | Satisfied |
| 24 Jan 1983 | Bank Of India | ₹1.00 M | Satisfied |
| 21 Jan 1983 | Bank Of India | ₹64.24 Cr | Satisfied |
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The activity Mirthulavarshini was appointed as a Additional Director was appointed as a Additional Director on 26 Jun 2025 & has been associated with this company since 5 months 24 days . was completed.
The activity A charge with Axis Bank Limited of Rs. 112.40 Cr registered on 27 Jan 2020 with Charge ID 100324698 was modified on 28 Mar 2025. was completed.
Progress on Velatal Industries Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.
Progress on Velatal Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore. was documented.
The activity A charge registered on 05 Oct 1998 via Charge ID 90000886 with Bank Of India was fully satisfied on 04 Mar 2020. was completed.
A charge registered on 06 Dec 1990 via Charge ID 90000253 with Bank Of India was fully satisfied on 04 Mar 2020. was recorded as a recent event.
The CIN of Velatal Industries Private Limited is U17111TZ1981PTC001053.
Velatal Industries Private Limited is headquartered at 115Tiruchengode Road Pallipalayam, Erode, Tamil Nadu, 638006.
Velatal Industries Private Limited was incorporated on 08 May 1981.
The current directors of Velatal Industries Private Limited are
The primary industry of Velatal Industries Private Limited is Manufacturing.
Velatal Industries Private Limited is unlisted.
The authorized capital of Velatal Industries Private Limited is ₹2.00 Cr, and the paid-up capital is ₹1.95 Cr.
The compliance status of Velatal Industries Private Limited is Compliant.
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