Vel'S Shipping Services Private Limited Company Logo

Vel's Shipping Services Private Limited - Company Profile

It is a transport and logistics private limited company based in Chennai, Tamil Nadu, India, established in 2017.

2017 | Chennai, Tamil Nadu, India | Active
Last Updated:

About Vel's Shipping Services Private Limited

Vel's Shipping Services Private Limited, a active private limited company, was established on 23 March 2017 in Chennai, Tamil Nadu, India. Engaging in integrated & diversified logistics services within the transport and storage sector, it holds CIN: U60300TN2017PTC115668. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹1.00 M and a paid-up capital of ₹1.00 M.

It upholds a compliant status. Employing 14 professional, Its leadership includes Shanmuganandan (Director), Venkatesan Rajeswari (Director), Ramachandran Muruga Nantham (Managing Director). Past directors included Shanmuganandan, Narayanan Cheraparaj, Devasenapathi Puthisigamani. It holds ₹2.00 M 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 11/2 , 1St Floor, Perumal Chamber Ii Lane, North Beach Road, Rajaji Salai,, Parrys, Chennai, Tamil Nadu, 600001.

Company Details

  • CIN/LLPIN

    U60300TN2017PTC115668

  • Registration Number

    115668

  • Incorporation Date

    23 March 2017

  • Authorized Capital

    ₹1.00 M

  • Paid-Up Capital

    ₹1.00 M

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 8 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.00 M
  • Revenue Growth -24.40%
  • Profit Growth 0.60%
  • Ebitda 26.13%
  • Net Worth 20.88%
  • Total Assets 18.06%
Company report

Vel's Shipping Services Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Vel's Shipping Services 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's Shipping Services Private Limited?

Current Directors

NameDesignationAppointment DateStatus
ShanmuganandanDirector06 Feb 2021Current
Venkatesan RajeswariDirector29 Jun 2024Current
Ramachandran Muruga NanthamManaging Director23 Mar 2017Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddAdditional Director30 Nov 2021Past
Pramod AbcsddManaging Director10 Mar 2021Past
Pramod AbcsddManaging Director08 Nov 2017Past
Pramod AbcsddDirector29 Sep 2024Past
Pramod AbcsddManaging Director05 Sep 2018Past

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Financial Performance of Vel'S Shipping Services.

Vel'S Shipping Services Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 24.4% decrease. The company also saw a slight improvement in profitability, with a 0.6% increase in profit. The company's net worth Soared by an impressive increase of 20.88%.

Vel'S Shipping Services revenue growth over time
Vel'S Shipping Services 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
-24.40%
Revenue from Operations
-24.45%
Total Assets
18.06%
Profit or Loss
0.60%
Net Worth
20.88%
EBITDA
26.13%

What is the Ownership and Shareholding Structure of Vel'S Shipping Services?

In 2023, Vel'S Shipping Services had a public holding of 25.00%. 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

₹2,000,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 0.20 Cr

Latest Charge Details

DateLenderAmountStatus
29 Jun 2021Axis Bank Limited₹2.00 MOpen

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How Many Employees Work at Vel'S Shipping Services?

Vel'S Shipping Services has a workforce of 14 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Vel'S Shipping Services Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Vel'S Shipping Services, 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'S Shipping Services's trajectory.

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

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Vel'S Shipping Services

Recent Activity within the Organization

  • Annual General Meeting

    The activity Vel'S Shipping Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Director Appointment

    Venkatesan Rajeswari was appointed as a Director was appointed as a Director on 29 Jun 2024 & has been associated with this company since 1 year 5 months . was recorded as a recent event.

  • Balance Sheet

    The activity Vel'S Shipping Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai. was completed.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 2.00 M with Charge ID 100457566 was registered on 29 Jun 2021. was recorded as a recent event.

  • Director Appointment

    Progress on Shanmuganandan was appointed as a Director was appointed as a Director on 06 Feb 2021 & has been associated with this company since 4 years 10 months . was documented.

  • Director Appointment

    The activity Ramachandran Muruga Nantham was appointed as a Managing Director was appointed as a Managing Director on 23 Mar 2017 & has been associated with this company since 8 years 9 months . was completed.

Frequently Asked Questions

  • What is the CIN of Vel's Shipping Services Private Limited?

    The CIN of Vel's Shipping Services Private Limited is U60300TN2017PTC115668.

  • Where is Vel's Shipping Services Private Limited headquartered?

    Vel's Shipping Services Private Limited is headquartered at 11/2 , 1St Floor, Perumal Chamber Ii Lane, North Beach Road, Rajaji Salai,, Parrys, Chennai, Tamil Nadu, 600001.

  • When was Vel's Shipping Services Private Limited incorporated?

    Vel's Shipping Services Private Limited was incorporated on 23 March 2017.

  • Who are the current directors of Vel's Shipping Services Private Limited?

    The current directors of Vel's Shipping Services Private Limited are

  • What is the primary industry of Vel's Shipping Services Private Limited?

    The primary industry of Vel's Shipping Services Private Limited is Transport And Storage.

  • Is Vel's Shipping Services Private Limited a listed company?

    Vel's Shipping Services Private Limited is unlisted.

  • What is the capital structure of Vel's Shipping Services Private Limited?

    The authorized capital of Vel's Shipping Services Private Limited is ₹1.00 M, and the paid-up capital is ₹1.00 M.

  • What is the compliance status of Vel's Shipping Services Private Limited?

    The compliance status of Vel's Shipping Services Private Limited is Compliant.

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