MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-KR-05-0005869
Velho Microbrew Private Limited
Velho Microbrew Private Limited - food and beverages in Panjim, Goa, India. FY 2026 financials & compliance.
Revenue · FY 2019
₹1.33 Cr
▲ 48% YoY
Net loss · FY 2019
₹1.06 Cr
Net margin -79.8%
EBITDA · FY 2019
-₹76.39 Lakh
EBITDA margin -57.6%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Satisfied charges
₹16 Cr
No open charges
Company age
16 yrs
Est. 2010
Directors on board
2
As per MCA filings
About Velho Microbrew Private Limited
Data last updated:
Velho Microbrew Private Limited is a private limited company based in Panjim, Goa, India. It operates in the alcoholic beverage manufacturing and distribution segment of the food and beverages sector. It was incorporated on 19 October 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U15531GA2010PTC006509. Its GSTIN is 30AADCV8592Q1ZL (Goa). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Avantika Velho and Kullanakoppalu Thimmaiah Shridhar.
Its last annual general meeting (AGM) was held on 29 June 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 3rd Floor Velho Building Opp. Municipal Garden, Panjim, Goa, India – 403001.
As per the financials filed for FY 2019, the company reported a revenue of ₹1.33 Cr, a growth of 48% compared to the previous year. For the same year it recorded a net loss of ₹1.06 Cr (net margin -79.8%) and EBITDA of -₹76.39 Lakh (EBITDA margin -57.6%). Revenue has grown at a compounded annual rate (CAGR) of 92% over three years.
As per MCA filings, the company has satisfied charges of ₹16 Cr on record. Court records list 7 cases involving the company, including 4 filed by the company and 3 filed against it; 2 cases are pending.
Velho Microbrew Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-05-0005869). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U15531GA2010PTC006509
Registration Number 006509
Incorporation Date 19 October 2010
ROC Goa
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 June 2019
Date of Balance Sheet 31 March 2019
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-05-0005869
Recognitions & Rankings of Velho Microbrew
Contact details
Velho Microbrew Private Limited's registered office is in Panjim, Goa. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address3rd Floor Velho Building Opp. Municipal Garden, Panjim, Goa, India – 403001
- IndustryFood and Beverages, Alcoholic Beverage Manufacturing & Distribution
To see the full contact details of Velho Microbrew Private Limited, buy the company report.
Comprehensive company report
Velho Microbrew Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Business activity
The main business activity of Velho Microbrew is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products |
To see the full business activity and turnover split of Velho Microbrew Private Limited, buy the company report.
Financials of Velho Microbrew Private Limited
FY 2019 filings availableVelho Microbrew Private Limited reported revenue of ₹1.33 Cr (up 48% YoY) for FY 2019.
Revenue · FY 2019
₹1.33 Cr ▲ 48%
Net loss · FY 2019
₹1.06 Cr margin -79.8%
EBITDA · FY 2019
-₹76.39 Lakh margin -57.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 48%
3 years · compounded
▲ 92%
EBITDA CAGR growth
1 year
▲ 6%
3 years · compounded
▼ 567%
5 years · compounded
▼ 100%
Revenue has grown at a compounded annual rate (CAGR) of 92% over three years, including 48% growth in the latest year. EBITDA rose 6% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profit and Loss Statement | |||||
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| Total Expenses | |||||
| EBITDA | -₹76.39 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.06 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -57.6% | ||||
| Net Profit Margin | -79.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Velho Microbrew Private Limited, buy the company report.
Board of directors of Velho Microbrew Private Limited
Velho Microbrew has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Avantika Velho | Director | 18 May 2018 | 8 Years 5 Months | Current |
| Kullanakoppalu Thimmaiah Shridhar | Director | 21 May 2018 | 8 Years 5 Months | Current |
Peer comparison
Velho Microbrew Private Limited is compared with the 3 companies closest to it by revenue in the Food and Beverages industry (Alcoholic Beverages), with the same principal business activity (food, beverages and tobacco products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Goan Liquor Products Private Limited | ₹1.44 Cr (FY 2024) | -56.0% | Canacona, Goa, India | |||
| Velho Microbrew Private Limitedthis company | ₹1.33 Cr (FY 2019) | -₹1.06 Cr | -79.8% | 48.0% | Panjim, Goa, India | |
| Turaco Spirits Private Limited | ₹1.32 Cr (FY 2020) | 33.0% | Bangalore, Karnataka, India | |||
| S S Breweries Private Limited | ₹1.31 Cr (FY 2025) | 55.0% | Gurgaon, Haryana, India |
To see the full peer comparison of Velho Microbrew Private Limited, buy the company report.
Auditor
Velho Microbrew Private Limited is audited by KRISHAN KUMAR GUPTA & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KRISHAN KUMAR GUPTA & CO | FY 2018 | 029449N |
Shareholding
The shareholding of Velho Microbrew Private Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Velho Microbrew Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹16 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Nov 2012 | 10387656 | Gvs India Incorporated | ₹16 Cr | Satisfied |
To see the full charge records of Velho Microbrew Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Velho Microbrew Private Limited has 7 court cases on record: 4 filed by Velho Microbrew, 3 filed against it. 2 cases are pending and 5 are disposed.
Total cases
7
Filed by the company
4
Filed against the company
3
Pending
2
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 2 |
| High courts | 3 | 0 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Medchal Malkajgiri, Telangana | Civil suit | Filed against the company by M/S. Brewnaton | Pending |
| District court, North Goa, Goa | Civil suit | Filed against the company by M/S Dukle Construction | Pending |
| Supreme Court | Court case (1807-Ordinary Civil Matters : Others) | Filed by the company against The Union of India Ministry of Agriculture Secretary Secretary Krishi Bhawan, Dr. Rajendra Prasad Road , District: New Delhi ,New Delhi , Delhi and 3 others | Disposed |
| Bombay High Court | Writ petition | Filed by the company against Union of India, THR. Ministry of Agriculture and 3 Ors., | Disposed |
| Bombay High Court | Court case (MCA) | Filed by the company against an individual | Disposed |
To see the full case history of Velho Microbrew Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Velho Microbrew Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Velho Microbrew has 4 GST registrations: 2 active and 2 cancelled or inactive.
Total GSTINs
4
Active
2
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 30AADCV8592Q1ZL | Goa | Active | 01 Jul 2017 |
| 29AADCV8592Q2Z3 | Karnataka | Active | 08 Aug 2017 |
To see the full GST registrations and return filing status of Velho Microbrew Private Limited, buy the company report.
Recent activity
Velho Microbrew Private Limited has 4 board changes on record since 2018: 2 appointments and 2 cessations. The latest: Kullanakoppalu Thimmaiah Shridhar was appointed as Director on 21 May 2018.
AGM
Velho Microbrew Private Limited last Annual general meeting of members was held on 29 Jun 2019 as per latest MCA records.
Filing
Velho Microbrew Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Goa.
Appointed
Kullanakoppalu Thimmaiah Shridhar was appointed as Director.
Ceased
Rachita Gupta ceased to be Director.
Ceased
Verner Aleixo Velho ceased to be Director.
Appointed
Avantika Velho was appointed as Director.
Charges
A charge registered on 19 Nov 2012 via Charge ID 10387656 with Gvs India Incorporated was fully satisfied on 24 Apr 2013.
Charges
A charge with Gvs India Incorporated amounted to Rs. 1,600.00 Lakh with Charge ID 10387656 was registered on 19 Nov 2012.
Incorporation
19 Oct 2010
Velho Microbrew Private Limited was registered on 19 Oct 2010 with Roc Goa & aged 16 years 20 days as per MCA records.
Frequently asked questions
Velho Microbrew is an active private limited company based in Panjim, Goa, India. The company works in alcoholic beverage manufacturing and distribution, within the food and beverages industry. It was incorporated on 19 October 2010 (16+ years old) and is registered under CIN U15531GA2010PTC006509.
Velho Microbrew has 2 current directors:
- Avantika Velho - Director
- Kullanakoppalu Thimmaiah Shridhar - Director
The latest financial statements of Velho Microbrew on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 29 June 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Velho Microbrew is 30AADCV8592Q1ZL, registered in Goa. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 29AADCV8592Q2Z3 (Karnataka).
The CIN (Corporate Identification Number) of Velho Microbrew is U15531GA2010PTC006509. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Velho Microbrew has 7 court cases on record: 4 filed by the company and 3 filed against it. 2 are pending. Most are in the district courts.
Velho Microbrew was incorporated on 19 October 2010, making it 16+ years old. It is registered with the Registrar of Companies, Goa.
The peers of Velho Microbrew by revenue are Goan Liquor Products Private Limited, Turaco Spirits Private Limited, S S Breweries Private Limited, all in the Food and Beverages industry (Alcoholic Beverages), with the same principal business activity (food, beverages and tobacco products).
Kullanakoppalu Thimmaiah Shridhar was appointed as Director on 21 May 2018. Rachita Gupta ceased to be Director on 21 May 2018. Verner Aleixo Velho ceased to be Director on 21 May 2018. Velho Microbrew has 4 board changes on record in total.
Yes, Velho Microbrew is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-05-0005869).
The registered office of Velho Microbrew is at 3rd Floor Velho Building Opp. Municipal Garden, Panjim, Goa, India – 403001.
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