Velohar Infra Private Limited
About Velohar Infra Private Limited
Data last updated:
Velohar Infra Private Limited is a private limited company based in Chennai, Tamil Nadu, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the engineering, procurement and construction (epc) segment of the engineering sector. It was incorporated on 31 August 2009.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U45200TN2009PTC072746. Its GSTIN is 33AADCV0869N2ZW (Tamil Nadu). The company holds 5 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹4.29 Cr. It is led by directors including Jayanthi Parthasarathy and Andal.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at No.1F 7th Cross Street Woodcreek County Nandambakkam, Chennai, Tamil Nadu, India – 600016.
As per the financials filed for FY 2017, the company reported a revenue of ₹64.44 Cr, a growth of 26% compared to the previous year. For the same year it recorded a net profit of ₹3.13 Cr (net margin 4.9%) and EBITDA of ₹6.62 Cr (EBITDA margin 10.3%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹11.5 Cr and satisfied charges of ₹98 Lakh on record. Court records list 61 cases involving the company, including 22 filed by the company and 39 filed against it; 5 cases are pending.
Company details
Contact details
Velohar Infra Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.1F 7th Cross Street Woodcreek County Nandambakkam, Chennai, Tamil Nadu, India – 600016
- IndustryEngineering, Engineering, Procurement & Construction (EPC)
To see the full contact details of Velohar Infra Private 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
Business activity
The main business activity of Velohar Infra is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Velohar Infra Private Limited, buy the company report.
Financials of Velohar Infra Private Limited
FY 2017 filings availableVelohar Infra Private Limited reported revenue of ₹64.44 Cr (up 26% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 20% over three years, including 26% growth in the latest year. EBITDA rose 49% 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹64.44 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹6.62 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹3.13 Cr | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 10.3% | ||
| Net Profit Margin | 4.9% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
| Interest Coverage Ratio | |||
| 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 Velohar Infra Private Limited, buy the company report.
Board of directors of Velohar Infra Private Limited
Velohar Infra has 4 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jayanthi Parthasarathy | Director | 14 Feb 2018 | 8 Years 8 Months | As last reported |
| Andal Also directs: Viviians Infraa Vision Private Limited | Director | 11 Jan 2018 | 8 Years 9 Months | As last reported |
| Vijayalakshmi Subburaj Also directs: Ed Star Viviians Homes LLP, Vaahai Motors & Dealers Private Limited, Adler Auto Dealers Private Limited and 3 more | Director | 31 Aug 2009 | 17 Years 2 Months | As last reported |
| Rajalakshmi Also directs: Enterprise Business Solutions Private Limited | Additional Director | 02 Jan 2017 | 9 Years 10 Months | As last reported |
Auditor
Velohar Infra Private Limited is audited by ALSE & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ALSE & CO | FY 2017 | 009992S |
Shareholding
The shareholding of Velohar Infra Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Velohar Infra Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Feb 2014 | 10485163 | Aditya Birla Finance Limited | ₹3.5 Cr | Open | |
| 23 Apr 2013 | 10511618 | Bank of India Porur Branch | ₹8 Cr | Open | |
| 25 Mar 2011 | 10280536 | Indian Overseas Bank | ₹98 Lakh | Satisfied |
To see the full charge records of Velohar Infra Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Velohar Infra Private Limited has 61 court cases on record: 22 filed by Velohar Infra, 39 filed against it. 5 cases are pending and 56 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 44 | 33 | 5 |
| NCLT | 9 | 4 | 0 |
| High courts | 6 | 0 | 0 |
| NCLAT | 2 | 2 | 0 |
Cases on record (5 of 61)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, Court I | Tribunal matter | Filed against the company by Aditya Birla Finance Limited and 1 other | Disposed |
| NCLAT, Interlocutory Application | Interim or miscellaneous application | Filed against the company by Aditya Birla Finance Limited | Disposed |
| NCLT, Chennai | Insolvency matter | Filed against the company by Clean Switch India Pvt Ltd | Disposed |
| NCLT, Chennai | Court case (MA(IBC)) | Filed against the company by M/S. Aditya Birla Finance Limited | Disposed |
| NCLT, Chennai | Insolvency matter | Filed by the company against The Branch Manager of Mahindra and Mahindra Financial Services Ltd Porur Branch | Disposed |
To see the full case history of Velohar Infra 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.
Credit ratings & regulatory alerts
Velohar Infra Private Limited was last rated by Crisil on 27 Jul 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 27 Jul 2020 |
To see the full credit ratings and regulatory alerts of Velohar Infra Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Velohar Infra Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Velohar Infra Private Limited has a workforce of 2 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Velohar Infra has 5 GST registrations: 1 active and 4 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AADCV0869N2ZW | Tamil Nadu | Active | 14 Feb 2018 |
To see the full GST registrations and return filing status of Velohar Infra Private Limited, buy the company report.
Recent activity
Velohar Infra Private Limited has 12 board changes on record since 2009: 4 appointments and 8 cessations. The latest: Rajalakshmi ceased to be Director on 30 Aug 2018.
8 earlier events are in the company report.
Frequently asked questions
Velohar Infra is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Velohar Infra is a company under liquidation, formerly operating as a private limited company based in Chennai, Tamil Nadu, India. The company works in engineering, procurement and construction (epc), within the engineering industry. It was incorporated on 31 August 2009 and is registered under CIN U45200TN2009PTC072746. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Velohar Infra has 4 current directors:
- Jayanthi Parthasarathy - Director
- Andal - Director
- Vijayalakshmi Subburaj - Director
- Rajalakshmi - Additional Director
The latest financial statements of Velohar Infra on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Velohar Infra is U45200TN2009PTC072746. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Velohar Infra has open charges of ₹11.5 Cr and satisfied charges of ₹98 Lakh as per latest MCA filings.
Velohar Infra has 61 court cases on record: 22 filed by the company and 39 filed against it. 5 are pending. Most are in the district courts.
Velohar Infra was incorporated on 31 August 2009. It is registered with the Registrar of Companies, Chennai.
Rajalakshmi ceased to be Director on 30 Aug 2018. Rajendiran ceased to be Director on 14 Aug 2018. Jayanthi Parthasarathy was appointed as Director on 14 Feb 2018. Velohar Infra has 12 board changes on record in total.
The registered office of Velohar Infra is at No.1F 7th Cross Street Woodcreek County Nandambakkam, Chennai, Tamil Nadu, India – 600016.
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