Vel-More Home Decor Private Limited - Company Profile

It is a financial services private limited company based in Mumbai, Maharashtra, India, established in 1988.
1988 Mumbai, Maharashtra, India Active
Last Updated:
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About Vel-More Home Decor Private Limited

Vel-More Home Decor Private Limited, a active private limited company, was established on 22 April 1988 in Mumbai, Maharashtra, India. Engaging in real estate financing within the financial services sector, it holds CIN: U36999MH1988PTC047121. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹2.00 M and a paid-up capital of ₹1.98 M.

It upholds a compliant status. Its leadership includes Narshi Shah Mulji (Director), Hemant Narshi Shah (Director), Rupal Paren Shah (Director). It holds ₹1.28 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 7 , Nand-Deep Industrial Estate , Kondivita Lane, Andheri-Kurla Road, Mumbai, Mumbai, Maharashtra, 400059.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U36999MH1988PTC047121

  • Registration Number

    047121

  • Incorporation Date

    22 April 1988

  • Authorized Capital

    ₹2.00 M

  • Paid-Up Capital

    ₹1.98 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 1.98 M
  • Company Age 37 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.28 Cr
  • Revenue Growth **** -100.00%
  • Profit Growth **** -100.21%
  • Ebitda **** 99.02%
  • Net Worth -0.26%
  • Total Assets ****
Company report

Vel-More Home Decor Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Vel-More Home Decor 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 Vel-More Home Decor Private Limited?
Current Directors
Name Designation Appointment Date Status
Narshi Shah Mulji Director 07 Apr 2022 Current
Hemant Narshi Shah Director 22 Apr 1988 Current
Rupal Paren Shah Director 01 Mar 1991 Current

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Financial Performance of Vel-More Home Decor.

Vel-More Home Decor Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 100% decrease. The company also saw a substantial fall in profitability, with a 100.21% decrease in profit. The company's net worth dipped by a decrease of 0.26%.

Vel-More Home Decor revenue growth over time
Vel-More Home Decor profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
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 -100.00%
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Revenue from Operations
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*******
Total Assets
*******
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*******
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Profit or Loss
*******
 -100.21%
*******
*******
*******
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Net Worth
*******
 -0.26%
*******
*******
*******
*******
EBITDA
*******
 99.02%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Vel-More Home Decor?

Unlock access to Vel-More Home Decor's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹12,776,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Bank Of Baroda : 0.84 Cr
  • Central Bank Of India : 0.30 Cr
  • State Bank Of India : 0.14 Cr
Latest Charge Details
Date Lender Amount Status
28 Jul 1998 Bank Of Baroda ₹3.20 M Open
23 Aug 1996 State Bank Of India ₹1.35 M Open
13 May 1991 Bank Of Baroda ₹0.28 M Open
09 May 1991 Central Bank Of India ₹3.00 M Open
09 May 1991 Bank Of Baroda ₹3.00 M Open

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How Many Employees Work at Vel-More Home Decor?

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Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Vel-More Home Decor, 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 Vel-More Home Decor's trajectory.

Rating
Graph displaying rating trends over time

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Alerts
Alert Indicator

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Latest Updates, News, and FAQs on Vel-More Home Decor
Recent Activity within the Organization
  • Annual General Meeting

    The activity Vel-More Home Decor Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

    Progress on Vel-More Home Decor Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was documented.

  • Director Appointment

    The activity Narshi Shah Mulji was appointed as a Director was appointed as a Director on 07 Apr 2022 & has been associated with this company since 3 years 10 months . was completed.

  • Charges

    Progress on A charge with Central Bank Of India of Rs. 3.00 M registered on 09 May 1991 with Charge ID 90225812 was modified on 21 Sep 2001. was documented.

  • Charges

    The activity A charge with Bank Of Baroda of Rs. 3.20 M registered on 28 Jul 1998 with Charge ID 90226203 was modified on 25 Jan 2001. was completed.

  • Charges

    The activity A charge with Bank Of Baroda of Rs. 3.00 M registered on 09 May 1991 with Charge ID 90226640 was modified on 25 Jan 2001. was completed.

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Frequently Asked Questions
What is the CIN of Vel-More Home Decor Private Limited?

The CIN of Vel-More Home Decor Private Limited is U36999MH1988PTC047121.

Where is Vel-More Home Decor Private Limited headquartered?

Vel-More Home Decor Private Limited is headquartered at 7 , Nand-Deep Industrial Estate , Kondivita Lane, Andheri-Kurla Road, Mumbai, Mumbai, Maharashtra, 400059.

When was Vel-More Home Decor Private Limited incorporated?

Vel-More Home Decor Private Limited was incorporated on 22 April 1988.

Who are the current directors of Vel-More Home Decor Private Limited?

The current directors of Vel-More Home Decor Private Limited are

What is the primary industry of Vel-More Home Decor Private Limited?

The primary industry of Vel-More Home Decor Private Limited is Financial Services.

Is Vel-More Home Decor Private Limited a listed company?

Vel-More Home Decor Private Limited is unlisted.

What is the capital structure of Vel-More Home Decor Private Limited?

The authorized capital of Vel-More Home Decor Private Limited is ₹2.00 M, and the paid-up capital is ₹1.98 M.

What is the compliance status of Vel-More Home Decor Private Limited?

The compliance status of Vel-More Home Decor Private Limited is Compliant.

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