Velloils Lubricant And Petrochem Ltd Company Logo

Velloils Lubricant And Petrochem Ltd - Company Profile

It is a chemicals and materials public limited company based in Mumbai, Maharashtra, India, established in 1995.

1995 | Mumbai, Maharashtra, India | Active
Last Updated:

About Velloils Lubricant And Petrochem Ltd

Velloils Lubricant And Petrochem Ltd, a active public limited company, was established on 05 April 1995 in Mumbai, Maharashtra, India. Engaging in petrochemicals & derivatives within the manufacturing sector, it holds CIN: U23201MH1995PLC087186. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹2.50 Cr and a paid-up capital of ₹2.36 Cr.

Formerly known as Velloils Lubricant And Petrochem Pvt Ltd. It upholds a compliant status. Its leadership includes Mukesh Vakharia (Managing Director), Beena Mukesh Vakharia (Whole-Time Director), Darshan Vakharia (Whole-Time Director). Past directors included Mukesh Vakharia, Beena Mukesh Vakharia, Darshan Vakharia. It holds ₹36.81 Cr open charges and ₹61.25 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 106 Orbit Estate Off Linkroad Chincholi Bunder Malad (West), Mumbai, Maharashtra, 400064.

Company Details

  • CIN/LLPIN

    U23201MH1995PLC087186

  • Registration Number

    087186

  • Incorporation Date

    05 April 1995

  • Authorized Capital

    ₹2.50 Cr

  • Paid-Up Capital

    ₹2.36 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 2.50 Cr
  • Paid Up Capital ₹ 2.36 Cr
  • Company Age 30 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 36.81 Cr
  • Satisfied Charges ₹ 61.25 Cr
  • Revenue Growth 27.32%
  • Profit Growth 86.87%
  • Ebitda 18.39%
  • Net Worth 26.11%
  • Total Assets 13.58%
Company report

Velloils Lubricant And Petrochem Ltd

Company Report FY 2025-2026

Explore comprehensive insights into Velloils Lubricant And Petrochem Ltd — 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 Velloils Lubricant And Petrochem Ltd?

Current Directors

NameDesignationAppointment DateStatus
Mukesh VakhariaManaging Director05 Apr 1995Current
Beena Mukesh VakhariaWhole-Time Director05 Apr 1995Current
Darshan VakhariaWhole-Time Director05 Apr 1995Current
Mitesh VakhariaWhole-Time Director05 Apr 1995Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector21 Mar 2011Past
Pramod AbcsddDirector21 Mar 2011Past
Pramod AbcsddDirector21 Mar 2011Past
Pramod AbcsddDirector21 Mar 2011Past

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Financial Performance of Velloils Lubricant And Petrochem.

Velloils Lubricant And Petrochem Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 27.32% increase. The company also saw a substantial improvement in profitability, with a 86.87% increase in profit. The company's net worth Soared by an impressive increase of 26.11%.

Velloils Lubricant And Petrochem revenue growth over time
Velloils Lubricant And Petrochem 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
27.32%
Revenue from Operations
27.34%
Total Assets
13.58%
Profit or Loss
86.87%
Net Worth
26.11%
EBITDA
18.39%

What is the Ownership and Shareholding Structure of Velloils Lubricant And Petrochem?

In 2023, Velloils Lubricant And Petrochem had a promoter holding of 98.20% and a public holding of 1.80%. 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

₹368,100,000.00

Satisfied Charges

₹612,467,000.00

Charges Breakdown by Lending Institutions

  • Standard Chartered Bank : 15.50 Cr
  • Axis Bank Limited : 15.09 Cr
  • Others : 6.22 Cr

Latest Charge Details

DateLenderAmountStatus
29 Oct 2024Others₹6.22 CrOpen
16 Sep 2024Standard Chartered Bank₹15.50 CrOpen
29 Dec 2023Axis Bank Limited₹15.09 CrOpen
24 Jun 2019Others₹1.50 CrSatisfied
09 Aug 2018Others₹8.00 CrSatisfied

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How Many Employees Work at Velloils Lubricant And Petrochem?

Unlock and access historical data on people associated with Velloils Lubricant And Petrochem, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Velloils Lubricant And Petrochem Ltd

Deals i

Graph showing company valuation over time

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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

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Latest Updates, News, and FAQs on Velloils Lubricant And Petrochem

Recent Activity within the Organization

  • Charges

    Progress on A charge with Axis Bank Limited of Rs. 15.09 Cr registered on 29 Dec 2023 with Charge ID 100866165 was modified on 13 Feb 2025. was documented.

  • Charges

    A charge with Others amounted to Rs. 6.22 Cr with Charge ID 100998375 was registered on 29 Oct 2024. was recorded as a recent event.

  • Charges

    A charge registered on 09 Aug 2018 via Charge ID 100200312 with Others was fully satisfied on 09 Oct 2024. was recorded as a recent event.

  • Charges

    A charge registered on 07 May 2018 via Charge ID 100181415 with Others was fully satisfied on 09 Oct 2024. was recorded as a recent event.

  • Charges

    A charge registered on 05 Jul 2016 via Charge ID 100038016 with Others was fully satisfied on 09 Oct 2024. was recorded as a recent event.

  • Charges

    A charge registered on 09 Jul 2014 via Charge ID 10510017 with Others was fully satisfied on 09 Oct 2024. was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Velloils Lubricant And Petrochem Ltd?

    The CIN of Velloils Lubricant And Petrochem Ltd is U23201MH1995PLC087186.

  • Where is Velloils Lubricant And Petrochem Ltd headquartered?

    Velloils Lubricant And Petrochem Ltd is headquartered at 106 Orbit Estate Off Linkroad Chincholi Bunder Malad (West), Mumbai, Maharashtra, 400064.

  • When was Velloils Lubricant And Petrochem Ltd incorporated?

    Velloils Lubricant And Petrochem Ltd was incorporated on 05 April 1995.

  • Who are the current directors of Velloils Lubricant And Petrochem Ltd?

    The current directors of Velloils Lubricant And Petrochem Ltd are

  • What is the primary industry of Velloils Lubricant And Petrochem Ltd?

    The primary industry of Velloils Lubricant And Petrochem Ltd is Manufacturing.

  • Is Velloils Lubricant And Petrochem Ltd a listed company?

    Velloils Lubricant And Petrochem Ltd is unlisted.

  • What is the capital structure of Velloils Lubricant And Petrochem Ltd?

    The authorized capital of Velloils Lubricant And Petrochem Ltd is ₹2.50 Cr, and the paid-up capital is ₹2.36 Cr.

  • What is the compliance status of Velloils Lubricant And Petrochem Ltd?

    The compliance status of Velloils Lubricant And Petrochem Ltd is Compliant.

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