About Velnik India Limited
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Velnik India Limited is a public limited company based in Sojat, Rajasthan, India. It operates in the personal care and skincare products segment of the FMCG sector. It was incorporated on 11 August 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U24100RJ2017PLC058778. Its GSTIN is 08AAGCV0492E1ZB (Rajasthan). The company holds 7 GST registrations, of which 6 are active.
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹39.75 Cr. It was formerly known as Velnik India Private Limited. It is led by directors including Manju Devi Gehlot (Whole-Time Director) and Kusum Gehlot.
Its last annual general meeting (AGM) was held on 16 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Khasra Nos. 287 287/5 305 305/2 306 306/3 307/1 To 307/4, Pali – Beawar Highway Gram Khokhra Tehsil Sojat, Rajasthan, India – 306306.
As per the financials filed for FY 2025, the company reported a revenue of ₹382.18 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹12.42 Cr (net margin 3.2%) and EBITDA of ₹48.62 Cr (EBITDA margin 12.7%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 14% over five years.
The company has about 1,293 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Velnik India. As per MCA filings, the company has open charges of ₹246.99 Cr and satisfied charges of ₹150.63 Cr on record. Court records list 56 cases involving the company, including 27 filed by the company and 31 filed against it; 27 cases are pending. The company has 30 deals on record (17 secondary share transfers, 8 funding rounds, 5 rights issues), with disclosed funding of ₹49.56 Cr; the latest was in March 2025. Its 3 peer companies in the FMCG industry (Hair Care, Personal Care and Skin Care), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 1 larger and 2 smaller; the largest is Pan Health & Hygiene Private Limited with revenue of ₹383.02 Cr. The company has 13 MSME Form 1 returns on record between 2020 and 2023, listing 555 overdue payments to 75 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website velnik.com.
Company details
CIN history
Velnik India has one previous CIN (Corporate Identification Number): U24100RJ2017PTC058778. The current CIN is U24100RJ2017PLC058778, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24100RJ2017PLC058778 | Current |
| U24100RJ2017PTC058778 | Previous |
Contact details
Velnik India Limited's registered office is in Sojat, Rajasthan. Its website is velnik.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressKhasra Nos. 287 287/5 305 305/2 306 306/3 307/1 To 307/4, Pali – Beawar Highway Gram Khokhra Tehsil Sojat, Rajasthan, India – 306306
- IndustryFMCG, Personal Care & Skincare Products, Hair Care Products
To see the full contact details of Velnik India Limited, buy the company report.
- 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
Brands
Velnik India operates one associated brand: Velnik India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Brand offering hair & skin care products | velnik.com |
Business activity
The main business activities of Velnik India are manufacturing and trade. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Velnik India Limited, buy the company report.
Financials of Velnik India Limited
FY 2025 filings availableVelnik India Limited reported revenue of ₹382.18 Cr (up 18% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 18% growth in the latest year. EBITDA rose 220% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹48.62 Cr | ||||
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| Net Profit (PAT) | ₹12.42 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.7% | ||||
| Net Profit Margin | 3.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Velnik India Limited, buy the company report.
Board of directors of Velnik India Limited
Velnik India has 6 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kusum Gehlot | Director | 20 Sep 2023 | 3 Years 1 Months | Current |
| Manju Devi Gehlot Also directs: Smkdr Trading Private Limited, Wellmass Pharma Private Limited, Smkdr Infra Private Limited and 3 more | Whole-Time Director | 11 Aug 2017 | 9 Years 2 Months | Current |
| Sukhdev Gehlot Also directs: Smkdr Trading Private Limited, Wellmass Pharma Private Limited, Smkdr Infra Private Limited and 3 more | Director | 11 Aug 2017 | 9 Years 2 Months | Current |
| Avijeet Garg | Director | 03 Mar 2025 | 1 Years 7 Months | Current |
| Rohit Khandelwal | Director | 04 Jul 2022 | 4 Years 3 Months | Current |
| Devendra Gehlot | Director | 04 Sep 2024 | 2 Years 1 Months | Current |
Peer comparison
Velnik India Limited is compared with the 3 companies closest to it by revenue in the FMCG industry (Hair Care, Personal Care and Skin Care), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pan Health & Hygiene Private Limited | ₹383.02 Cr (FY 2025) | 56.0% | Rajkot, Gujarat, India | |||
| Velnik India Limitedthis company | ₹382.18 Cr (FY 2025) | ₹12.42 Cr | 3.2% | 18.0% | 1,293 | Sojat, Rajasthan, India |
| Vanesa Care Private Limited | ₹360.05 Cr (FY 2024) | -40.0% | New Delhi, Delhi, India | |||
| Stella Indusstries Limited | ₹341.73 Cr (FY 2024) | 70.0% | New Delhi, Delhi, India |
To see the full peer comparison of Velnik India Limited, buy the company report.
Auditor
Velnik India Limited is audited by S.L. Chhajed & Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.L. Chhajed & Co. LLP | FY 2023 | 000709C/ C400277 |
Shareholding
The shareholding of Velnik India Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Velnik India Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Dec 2025 | 101203015 | Hdfc Bank Limited | ₹5.6 Lakh | Open | |
| 27 Oct 2025 | 101180808 | Hdfc Bank Limited | ₹48.64 Lakh | Open | |
| 22 Aug 2025 | 101160030 | Hdfc Bank Limited | ₹14.55 Lakh | Open | |
| 19 Aug 2025 | 101149675 | Hdfc Bank Limited | ₹84.24 Lakh | Open | |
| 10 Jul 2025 | 101132192 | Hdfc Bank Limited | ₹12.25 Lakh | Open |
To see the full charge records of Velnik India Limited, buy the company report.
Total charge records: 82 View all charges
Deals & funding
Velnik India Limited has 30 deals on record (17 secondary share transfers, 8 funding rounds, 5 rights issues), with disclosed funding of ₹49.56 Cr; the latest was in March 2025.
Deals on record (5 of 30)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2025 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jun 2022 | Secondary share transfer | Undisclosed | Buyer: Saroj Bhagwati LLP Seller: an individual |
| Apr 2022 | Funding round | ₹26.71 Cr | Investors: 4 individuals |
| Jul 2021 | Funding round | ₹5 Cr | Investors: Aariket BPS Enterprises Private Limited , an individual |
| Apr 2021 | Funding round | ₹2 Cr | Investors: Saroj Tradecom Private Limited |
To see the full deal history of Velnik India Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Velnik India Limited has 56 court cases on record: 27 filed by Velnik India, 31 filed against it. 27 cases are pending and 29 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 29 | 13 | 10 |
| High courts | 20 | 11 | 13 |
| NCLAT | 6 | 6 | 4 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 56)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Indore, Madhya Pradesh | Court case (COMMS) | Filed by the company against M/S. Eloise Luxury Cosmetic LLP | Pending |
| High Court, MAHARASHTRA | Court case (COMIP) | Filed by the company against Subham Mehendi LLP | Pending |
| NCLAT, Chairperson Court | Tribunal matter | Filed against the company by Sukhdev Gehlot Ex Director Velnik India Pvt Ltd | Disposed |
| NCLAT, Chairperson Court | Tribunal matter | Filed by the company against Velnik India Pvt. Ltd. and 1 other | Disposed |
| District court, Ajmer, Rajasthan | Court case (Complaint) | Filed against the company by State | Pending |
To see the full case history of Velnik India 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
Velnik India Limited has 13 MSME Form 1 returns on record between 2020 and 2023, listing 555 overdue payments to 75 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 75)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Pinetree Packaging Private Limited |
To see the full MSME payment records of Velnik India Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Velnik India Limited has a workforce of 1,293 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Velnik India has 7 GST registrations: 6 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAGCV0492E1ZB | Rajasthan | Active | 11 Sep 2017 |
| 23AAGCV0492E1ZJ | Madhya Pradesh | Active | 07 Nov 2017 |
| 27AAGCV0492E1ZB | Maharashtra | Active | 28 Sep 2018 |
| 29AAGCV0492E1Z7 | Karnataka | Active | 14 Jul 2022 |
To see the full GST registrations and return filing status of Velnik India Limited, buy the company report.
Recent activity
Velnik India Limited has 18 board changes on record since 2017: 7 appointments and 11 cessations. The latest: Manju Devi Gehlot ceased to be Whole-Time Director on 06 Jun 2025.
134 earlier events are in the company report.
Frequently asked questions
Velnik India is an active public limited company based in Sojat, Rajasthan, India. The company works in personal care and skincare products, within the FMCG industry. It was incorporated on 11 August 2017 (9+ years old) and is registered under CIN U24100RJ2017PLC058778.
Velnik India has 6 current directors:
- Manju Devi Gehlot - Whole-Time Director
- Kusum Gehlot - Director
- Sukhdev Gehlot - Director
- Avijeet Garg - Director
- Rohit Khandelwal - Director
- Devendra Gehlot - Director
The latest financial statements of Velnik India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 16 September 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Velnik India is 08AAGCV0492E1ZB, registered in Rajasthan. The company has 7 GST registrations in all, of which 6 are active and 1 is cancelled or inactive. Other active GSTINs include 23AAGCV0492E1ZJ (Madhya Pradesh), 27AAGCV0492E1ZB (Maharashtra), 29AAGCV0492E1Z7 (Karnataka).
The CIN (Corporate Identification Number) of Velnik India is U24100RJ2017PLC058778. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Velnik India has 56 court cases on record: 27 filed by the company and 31 filed against it. 27 are pending. Most are in the district courts.
Velnik India was incorporated on 11 August 2017, making it 9+ years old. It is registered with the Registrar of Companies, Jaipur.
Velnik India has 30 deals on record (17 secondary share transfers, 8 funding rounds, 5 rights issues), with disclosed funding of ₹49.56 Cr; the latest was in March 2025.
The peers of Velnik India by revenue are Pan Health & Hygiene Private Limited, Vanesa Care Private Limited, Stella Indusstries Limited, all in the FMCG industry (Hair Care, Personal Care and Skin Care), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Manju Devi Gehlot ceased to be Whole-Time Director on 06 Jun 2025. Avijeet Garg ceased to be Additional Director on 18 Apr 2025. Avijeet Garg was appointed as Director on 03 Mar 2025. Velnik India has 18 board changes on record in total.
Velnik India has 13 MSME Form 1 returns on record between 2020 and 2023, listing 555 overdue payments to 75 micro and small suppliers. The latest return was filed on 14 Nov 2023.
Velnik India can be reached through the website velnik.com. Its registered office is in Sojat, Rajasthan, India.