Velavan Stores Silks Private Limited Company Logo

Velavan Stores Silks Private Limited - Company Profile

It is a consumer electronics & durables private limited company based in Tuticorin, Tamil Nadu, India, established in 2020.

2020 | Tuticorin, Tamil Nadu, India | Active
Last Updated:

About Velavan Stores Silks Private Limited

Velavan Stores Silks Private Limited, a active private limited company, was established on 06 August 2020 in Tuticorin, Tamil Nadu, India. Engaging in furniture retail & distribution within the manufacturing sector, it holds CIN: U52320TN2020PTC136932. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹9.00 Cr and a paid-up capital of ₹5.40 Cr.

It upholds a compliant status. Employing 222 professional, Its leadership includes Arumuga Thangavel (Director), Ananth (Director), Maharajan (Director). Past directors included Arumuga Thangavel. It holds ₹41.23 Cr open charges and ₹51.57 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 52, Gin Factory Road, Tuticorin, Tamil Nadu, 628002.

Company Details

  • CIN/LLPIN

    U52320TN2020PTC136932

  • Registration Number

    136932

  • Incorporation Date

    06 August 2020

  • Authorized Capital

    ₹9.00 Cr

  • Paid-Up Capital

    ₹5.40 Cr

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 9.00 Cr
  • Paid Up Capital ₹ 5.40 Cr
  • Company Age 5 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 41.23 Cr
  • Satisfied Charges ₹ 51.57 Cr
  • Revenue Growth 29.91%
  • Profit Growth 22.78%
  • Ebitda -17.66%
  • Net Worth 74.70%
  • Total Assets 10.27%
Company report

Velavan Stores Silks Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Velavan Stores Silks Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Velavan Stores Silks Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Arumuga ThangavelDirector17 Jan 2022Current
AnanthDirector06 Aug 2020Current
MaharajanDirector06 Aug 2020Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddAdditional Director30 Sep 2022Past

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Financial Performance of Velavan Stores Silks.

Velavan Stores Silks Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 29.91% increase. The company also saw a substantial improvement in profitability, with a 22.78% increase in profit. The company's net worth Soared by an impressive increase of 74.7%.

Velavan Stores Silks revenue growth over time
Velavan Stores Silks profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
29.91%
Revenue from Operations
29.91%
Total Assets
10.27%
Profit or Loss
22.78%
Net Worth
74.70%
EBITDA
-17.66%

What is the Ownership and Shareholding Structure of Velavan Stores Silks?

In 2023, Velavan Stores Silks had a promoter holding of 75.00% and a public holding of 25.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹412,325,500.00

Satisfied Charges

₹515,700,000.00

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 41.23 Cr

Latest Charge Details

DateLenderAmountStatus
28 Jul 2022Hdfc Bank Limited₹2.33 MOpen
12 Feb 2022Hdfc Bank Limited₹41.00 CrOpen
07 Jan 2021Others₹51.57 CrSatisfied

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How Many Employees Work at Velavan Stores Silks?

Velavan Stores Silks has a workforce of 222 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Velavan Stores Silks Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Velavan Stores Silks, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Velavan Stores Silks's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Velavan Stores Silks

Recent Activity within the Organization

  • Annual General Meeting

    Progress on Velavan Stores Silks Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    Velavan Stores Silks Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai. was recorded as a recent event.

  • Charges

    Progress on A charge with Hdfc Bank Limited amounted to Rs. 0.23 Cr with Charge ID 100634085 was registered on 28 Jul 2022. was documented.

  • Charges

    Progress on A charge registered on 07 Jan 2021 via Charge ID 100408388 with Others was fully satisfied on 20 Apr 2022. was documented.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 41.00 Cr registered on 12 Feb 2022 with Charge ID 100541770 was modified on 18 Apr 2022. was recorded as a recent event.

  • Charges

    The activity A charge with Hdfc Bank Limited amounted to Rs. 41.00 Cr with Charge ID 100541770 was registered on 12 Feb 2022. was completed.

Frequently Asked Questions

  • What is the CIN of Velavan Stores Silks Private Limited?

    The CIN of Velavan Stores Silks Private Limited is U52320TN2020PTC136932.

  • Where is Velavan Stores Silks Private Limited headquartered?

    Velavan Stores Silks Private Limited is headquartered at 52, Gin Factory Road, Tuticorin, Tamil Nadu, 628002.

  • When was Velavan Stores Silks Private Limited incorporated?

    Velavan Stores Silks Private Limited was incorporated on 06 August 2020.

  • Who are the current directors of Velavan Stores Silks Private Limited?

    The current directors of Velavan Stores Silks Private Limited are

  • What is the primary industry of Velavan Stores Silks Private Limited?

    The primary industry of Velavan Stores Silks Private Limited is Manufacturing.

  • Is Velavan Stores Silks Private Limited a listed company?

    Velavan Stores Silks Private Limited is unlisted.

  • What is the capital structure of Velavan Stores Silks Private Limited?

    The authorized capital of Velavan Stores Silks Private Limited is ₹9.00 Cr, and the paid-up capital is ₹5.40 Cr.

  • What is the compliance status of Velavan Stores Silks Private Limited?

    The compliance status of Velavan Stores Silks Private Limited is Compliant.

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