Vels Trading Private Limited
About Vels Trading Private Limited
Data last updated:
Vels Trading Private Limited is a private limited company based in Salem, Tamil Nadu, India. It operates in the specialised services segment of the trading and commerce sector. It was incorporated on 13 September 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U51909TZ2019PTC032708. Its GSTIN is 33AAHCV0959M1ZW (Tamil Nadu).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹20,000. It is led by directors Karthikeyan Gopal (Managing Director) and Saravana Vel Sundaram Dhamodharan.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 2/500 E Nellukuthipaarai Puthumariammn Koil Street Erumapalayam, Salem, Tamil Nadu, India – 636015.
As per the financials filed for FY 2021, the company reported a revenue of ₹19.5 Lakh, a decline of 20% compared to the previous year. For the same year it recorded a net profit of ₹6,808 (net margin 0.3%) and EBITDA of ₹9,903 (EBITDA margin 0.5%).
Company details
Contact details
Vels Trading Private Limited's registered office is in Salem, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered Address2/500 E Nellukuthipaarai Puthumariammn Koil Street Erumapalayam, Salem, Tamil Nadu, India – 636015
- IndustryTrading, Specialty, Wholesale
To see the full contact details of Vels Trading 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 Vels Trading is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Vels Trading Private Limited, buy the company report.
Financials of Vels Trading Private Limited
FY 2021 filings availableVels Trading Private Limited reported revenue of ₹19.5 Lakh (down 20% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue fell 20% in the latest year. EBITDA rose 21% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 |
|---|---|---|
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| EBITDA | ₹9,903 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹6,808 | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
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| Trade Payables | ||
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| Trade Receivables | ||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 0.5% | |
| Net Profit Margin | 0.3% | |
| Return on Equity (ROE) | ||
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To see the full financial statements and ratios of Vels Trading Private Limited, buy the company report.
Board of directors of Vels Trading Private Limited
Vels Trading has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saravana Vel Sundaram Dhamodharan | Director | 01 Nov 2019 | 6 Years 11 Months | Current |
| Karthikeyan Gopal Also directs: Velasamy Chettiar School Board | Managing Director | 13 Sep 2019 | 7 Years 1 Months | Current |
Peer comparison
Vels Trading Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Human Vigor Private Limited | ₹19.5 Lakh (FY 2024) | -27.0% | Delhi, India | |||
| Italio Food & Beverages Private Limited | ₹19.5 Lakh (FY 2016) | New Delhi, Delhi, India | ||||
| Preksha Commercials Private Limited | ₹19.5 Lakh (FY 2025) | -91.0% | Sri Ganganagar, Rajasthan, India | |||
| Vels Trading Private Limitedthis company | ₹19.5 Lakh (FY 2021) | ₹6,808 | 0.3% | -20.0% | Salem, Tamil Nadu, India | |
| KSM International Commodity Private Limited | ₹19.5 Lakh (FY 2021) | 7700.0% | Alappuzha, Kerala, India | |||
| Vikata Care (OPC) Private Limited | ₹19.5 Lakh (FY 2025) | -18.0% | Noida, Uttar Pradesh, India | |||
| Mitali Mototech (OPC) Private Limited | ₹19.5 Lakh (FY 2024) | Nashik, Maharashtra, India | ||||
| Eilis Health Care Private Limited | ₹19.49 Lakh (FY 2023) | -22.0% | Mumbai, Maharashtra, India | |||
| Biojen Pharmaceuticals Private Limited | ₹19.49 Lakh (FY 2025) | -67.0% | Delhi, India | |||
| Elezer Exim Private Limited | ₹19.49 Lakh (FY 2018) | 3846.0% | Kolkata, West Bengal, India | |||
| Saga Revolution Private Limited | ₹19.49 Lakh (FY 2024) | Kalyan, Maharashtra, India |
To see the full peer comparison of Vels Trading Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Vels Trading Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Vels Trading Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vels Trading has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAHCV0959M1ZW | Tamil Nadu | Active | 23 Nov 2019 |
To see the full GST registrations and return filing status of Vels Trading Private Limited, buy the company report.
Recent activity
Vels Trading Private Limited has 3 board changes on record since 2019: 2 appointments and 1 cessation. The latest: Jayaraman Natarajan ceased to be Director on 01 Aug 2023.
Frequently asked questions
Vels Trading is an active private limited company based in Salem, Tamil Nadu, India. The company works in specialty, within the trading industry. It was incorporated on 13 September 2019 (7+ years old) and is registered under CIN U51909TZ2019PTC032708.
Vels Trading has 2 current directors:
- Karthikeyan Gopal - Managing Director
- Saravana Vel Sundaram Dhamodharan - Director
The latest financial statements of Vels Trading on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Vels Trading is 33AAHCV0959M1ZW, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Vels Trading is U51909TZ2019PTC032708. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vels Trading was incorporated on 13 September 2019, making it 7+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Vels Trading by revenue are Human Vigor Private Limited, Italio Food & Beverages Private Limited, Preksha Commercials Private Limited, KSM International Commodity Private Limited, Vikata Care (OPC) Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Jayaraman Natarajan ceased to be Director on 01 Aug 2023. Saravana Vel Sundaram Dhamodharan was appointed as Director on 01 Nov 2019. Karthikeyan Gopal was appointed as Managing Director on 13 Sep 2019.
The registered office of Vels Trading is at 2500 E Nellukuthipaarai Puthumariammn Koil Street Erumapalayam, Salem, Tamil Nadu, India – 636015.
Vels Trading operates in the trading industry, in the specialty segment.
Vels Trading can be reached at its registered office: 2500 E Nellukuthipaarai Puthumariammn Koil Street Erumapalayam, Salem, Tamil Nadu, India – 636015.