Velsons Laminate Private Limited
About Velsons Laminate Private Limited
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Velsons Laminate Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the furniture manufacturing segment of the consumer electronics and durables sector. It was incorporated on 18 September 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U21097GJ2013PTC076876. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.83 Cr. It is led by directors Prahlad Veljibhai Patel and Govindbhai Veljibhai Patel.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Anand Timber Mart Compound Bh. Karnavati Hospital Opp. Saijpur Tower Saijpur Bogha, Ahmedabad, Gujarat, India – 382345.
As per the financials filed for FY 2020, the company reported a revenue of ₹12.3 Lakh, a decline of 89% compared to the previous year. For the same year it recorded a net profit of ₹11.9 Lakh (net margin 96.8%) and EBITDA of ₹9.54 Lakh (EBITDA margin 77.6%). Revenue has grown at a compounded annual rate (CAGR) of 81% over three years and 107% over five years.
The company has about 12 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹7.5 Cr on record. Court records list 2 cases involving the company, including 2 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Velsons Laminate Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressAnand Timber Mart Compound Bh. Karnavati Hospital Opp. Saijpur Tower Saijpur Bogha, Ahmedabad, Gujarat, India – 382345
- IndustryConsumer Electronics & Durables, Furniture Manufacturing
To see the full contact details of Velsons Laminate 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
Financials of Velsons Laminate Private Limited
FY 2020 filings availableVelsons Laminate Private Limited reported revenue of ₹12.3 Lakh (down 89% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 89% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 107%. EBITDA rose 106% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹12.3 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹9.54 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹11.9 Lakh | ||||
| 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 77.6% | ||||
| Net Profit Margin | 96.8% | ||||
| 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 Velsons Laminate Private Limited, buy the company report.
Board of directors of Velsons Laminate Private Limited
Velsons Laminate has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prahlad Veljibhai Patel | Director | 18 Sep 2013 | 13 Years 1 Months | Current |
| Govindbhai Veljibhai Patel | Director | 18 Sep 2013 | 13 Years 1 Months | Current |
Peer comparison
Velsons Laminate Private Limited is compared with the 10 companies closest to it by revenue in the Manufacturing industry (Construction Materials, Furniture), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| R.R. Furnishers and Interior Decorators Pvt Ltd | ₹12.46 Lakh (FY 2025) | 1041.0% | Rajasthan, India | |||
| Healcoans Private Limited | ₹12.46 Lakh (FY 2021) | -56.0% | Jalgaon, Maharashtra, India | |||
| Thaath Design Studio (OPC) Private Limited | ₹12.39 Lakh (FY 2025) | -35.0% | Mumbai, Maharashtra, India | |||
| International Furniture Brands Private Limited | ₹12.38 Lakh (FY 2022) | 594.0% | Mumbai, Maharashtra, India | |||
| Arishta Manor Infrastructure Private Limited | ₹12.34 Lakh (FY 2017) | -59.0% | Ahmedabad, Gujarat, India | |||
| Velsons Laminate Private Limitedthis company | ₹12.3 Lakh (FY 2020) | ₹11.9 Lakh | 96.8% | -89.0% | 12 | Ahmedabad, Gujarat, India |
| Akshay Furnitures Private Limited | ₹12.25 Lakh (FY 2024) | -98.0% | Bengaluru, Karnataka, India | |||
| Sri Sri Vision Decors Private Limited | ₹12.21 Lakh (FY 2025) | 16.0% | New Delhi, Delhi, India | |||
| Amer-Cali Growth Green India Private Limited | ₹12.21 Lakh (FY 2025) | Bangalore, Karnataka, India | ||||
| Crexal Analytics Private Limited | ₹12.18 Lakh (FY 2024) | 8.0% | Thane, Maharashtra, India | |||
| Sumex Exports Pvt. Ltd. | ₹12.11 Lakh (FY 2024) | -64.0% | Dadri, Uttar Pradesh, India |
To see the full peer comparison of Velsons Laminate Private Limited, buy the company report.
Auditor
Velsons Laminate Private Limited is audited by HITESH GOHEL & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HITESH GOHEL & CO | FY 2020 | 129089W |
Shareholding
The shareholding of Velsons Laminate Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Velsons Laminate Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Dec 2014 | 10540363 | Others | ₹7.5 Cr | Satisfied |
To see the full charge records of Velsons Laminate Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Velsons Laminate Private Limited has 2 court cases on record: 2 filed against it. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 2 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, GANDHINAGAR, Gujarat | Commercial matter | Filed against the company by an individual | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary case) | Filed against the company by an individual | Pending |
To see the full case history of Velsons Laminate 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Velsons Laminate Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Velsons Laminate Private Limited has a workforce of 12 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Velsons Laminate has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Velsons Laminate Private Limited, buy the company report.
Recent activity
Velsons Laminate Private Limited has 4 board changes on record since 2013: 2 appointments and 2 cessations. The latest: Rameshkumar Veljibhai Patel ceased to be Director on 01 Jun 2021.
Frequently asked questions
Velsons Laminate is an active private limited company based in Ahmedabad, Gujarat, India. The company works in furniture manufacturing, within the consumer electronics and durables industry. It was incorporated on 18 September 2013 (13+ years old) and is registered under CIN U21097GJ2013PTC076876.
Velsons Laminate has 2 current directors:
- Prahlad Veljibhai Patel - Director
- Govindbhai Veljibhai Patel - Director
The latest financial statements of Velsons Laminate on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
No. Velsons Laminate has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Velsons Laminate is U21097GJ2013PTC076876. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Velsons Laminate has 2 court cases on record: 2 filed against it. 2 are pending.
Velsons Laminate was incorporated on 18 September 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Velsons Laminate by revenue are R.R. Furnishers and Interior Decorators Pvt Ltd, Healcoans Private Limited, Thaath Design Studio (OPC) Private Limited, International Furniture Brands Private Limited, Arishta Manor Infrastructure Private Limited and 5 more, all in the Manufacturing industry (Construction Materials, Furniture).
Rameshkumar Veljibhai Patel ceased to be Director on 01 Jun 2021. Veljibhai Khetshibhai Patel ceased to be Director on 01 Jun 2021. Govindbhai Veljibhai Patel was appointed as Director on 18 Sep 2013. Velsons Laminate has 4 board changes on record in total.
The registered office of Velsons Laminate is at Anand Timber Mart Compound Bh. Karnavati Hospital Opp. Saijpur Tower Saijpur Bogha, Ahmedabad, Gujarat, India – 382345.
Velsons Laminate operates in the consumer electronics and durables industry, in the furniture manufacturing segment.