About Velnet Non-Conventional Energy Systems Private Limited
Data last updated: 07 December 2025
Velnet Non-Conventional Energy Systems Private Limited is a private limited company based in Bengaluru, Karnataka, India. It specialises in electronics manufacturing, a part of the broader consumer electronics and durables sector. Incorporated on 14 November 2006, the company has been in operation for over 20 years.
Registered with ROC Bangalore under CIN U29307KA2006PTC040931.
Capital: an authorised share capital of ₹1 Cr and a paid-up capital of ₹10 Lakh. It is led by directors including Deendayal and Chandrashekar Shivasharanappa.
Last AGM: 30 September 2024. Financial statements filed for year ended 31 March 2024. Office: No 1445/4 Railway Parallel Road C Block Sahakar Nagar, Bengaluru, Karnataka, India – 560092.
As per the financials filed for FY 2025, the company reported a revenue of ₹13.64 Cr, a decline of 26% compared to the previous year.
As per MCA filings, the company has open charges of ₹6.33 Cr and satisfied charges of ₹20 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kamalsolar.com.
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Registered AddressNo 1445/4 Railway Parallel Road C Block Sahakar Nagar, Bengaluru, Karnataka, India – 560092
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IndustryConsumer Electronics & Durables, Electronics Manufacturing
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Business Activity of Velnet Non-Conventional Energy Systems Private Limited
Velnet Non-Conventional Energy Systems Private Limited is engaged in the principal business activity of manufacturing, with detailed activities including metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
Business activity turnover details for Velnet Non-Conventional Energy Systems Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
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Auditor Details of Velnet Non-Conventional Energy Systems Private Limited
Velnet Non-Conventional Energy Systems Private Limited is audited by HARISH BASAVARAJ AND CO for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| HARISH BASAVARAJ AND CO | Locked | Locked | Locked |
Complete auditor history for Velnet Non-Conventional Energy Systems Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
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Board of Directors of Velnet Non-Conventional Energy Systems Private Limited
Velnet Non-Conventional Energy Systems Private Limited is currently managed by 4 directors, with 1 former director having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deendayal | Director | 14 Sep 2015 | 10 Years 10 Months | Current |
| Chandrashekar Shivasharanappa | Managing Director | 14 Nov 2006 | 19 Years 8 Months | Current |
|
Prashanth
Also directs:
Kamal Energy Systems Private Limited
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Director | 01 Oct 2022 | 3 Years 10 Months | Current |
| Neeraja Chandrashekar | Director | 01 Oct 2022 | 3 Years 10 Months | Current |
Financials of Velnet Non-Conventional Energy Systems Private Limited FY 2024 filings available
Velnet Non-Conventional Energy Systems Private Limited reported revenue of ₹13.64 Cr (down 26.00% YoY) for FY 2025.
Ten-year financial statements for Velnet Non-Conventional Energy Systems Private Limited
Historical statement values and trend charts require an active report plan.
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Ownership and Shareholding of Velnet Non-Conventional Energy Systems Private Limited
Shareholding and ownership data for Velnet Non-Conventional Energy Systems Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
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Charges & Borrowings of Velnet Non-Conventional Energy Systems Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Oct 2025 | Canara Bank | ₹1 Cr | Open |
| 12 Jun 2023 | Canara Bank | ₹4 Cr | Open |
| 06 Jun 2022 | Hdfc Bank Limited | ₹23.38 Lakh | Open |
| 25 Sep 2009 | Canara Bank | ₹1.1 Cr | Open |
| 23 Aug 2007 | Ing Vysya Bank Ltd | ₹20 Lakh | Satisfied |
Total charge records: 5 View all charges
Employees and EPFO Compliance at Velnet Non-Conventional Energy Systems Private Limited
View historical data on people associated with Velnet Non-Conventional Energy Systems Private Limited, including employment history and EPFO contributions.
Employee and EPFO history for Velnet Non-Conventional Energy Systems Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
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GST Compliance of Velnet Non-Conventional Energy Systems Private Limited
GST registrations and filing compliance for Velnet Non-Conventional Energy Systems Private Limited
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Credit Ratings, Litigation & Regulatory Alerts for Velnet Non-Conventional Energy Systems Private Limited
Credit ratings, litigation, and regulatory alerts for Velnet Non-Conventional Energy Systems Private Limited
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MSME Payment Delays by Velnet Non-Conventional Energy Systems Private Limited
MSME payment history for Velnet Non-Conventional Energy Systems Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
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Subsidiaries & Group Companies of Velnet Non-Conventional Energy Systems Private Limited
Corporate group structure for Velnet Non-Conventional Energy Systems Private Limited
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MCA Filings & Documents of Velnet Non-Conventional Energy Systems Private Limited
MCA filings and documents for Velnet Non-Conventional Energy Systems Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
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Recent Activity on Velnet Non-Conventional Energy Systems Private Limited
Frequently Asked Questions about Velnet Non-Conventional Energy Systems Private Limited
Velnet Non-Conventional Energy Systems Private Limited is an active private limited company in the consumer electronics and durables sector based in Bengaluru, Karnataka, India. It was incorporated on 14 November 2006 (20+ years old) and is registered under CIN U29307KA2006PTC040931.
Velnet Non-Conventional Energy Systems Private Limited reported revenue of ₹13.64 Cr for FY 2025 (down 26.00% YoY).
The current directors of Velnet Non-Conventional Energy Systems Private Limited are:
- Deendayal - Director
- Chandrashekar Shivasharanappa - Managing Director
- Prashanth - Director
- Neeraja Chandrashekar - Director
The primary industry of Velnet Non-Conventional Energy Systems Private Limited is consumer electronics and durables. The company specifically operates in electronics manufacturing. The company is currently active in this sector.
Velnet Non-Conventional Energy Systems Private Limited can be reached at the registered office: No 14454 Railway Parallel Road C Block Sahakar Nagar, Bengaluru, Karnataka, India – 560092, or through the website kamalsolar.com.
The authorised capital is ₹1 Cr, and the paid-up capital is ₹10 Lakh.