Viele Decor Private Limited

Viele Decor Private Limited - fabrication in Ludhiana, Punjab, India. FY 2026 financials & compliance.
CIN U28999PB2016PTC045898 Incorporated 28 November 2016 ROC Chandigarh HQ Ludhiana, Punjab, India
Active Private Limited Company fabrication
Data last updated
Revenue · FY 2023
₹66.36 Lakh
▲ 20% YoY
Net loss · FY 2023
₹14,236
Net margin -0.2%
EBITDA · FY 2023
₹5.08 Lakh
EBITDA margin 7.7%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹9.4 Lakh
Issued & subscribed
Open charges
₹80 Lakh
Secured borrowings
Company age
10 yrs
Est. 2016
Directors on board
3
As per MCA filings

About Viele Decor Private Limited

Data last updated:

Viele Decor Private Limited is a private limited company based in Ludhiana, Punjab, India. It operates in the manufacturing segment of the fabrication and metalwork sector. It was incorporated on 28 November 2016 and has been in existence for over 10 years.

The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U28999PB2016PTC045898. Its GSTIN is 03AAFCV8575M1ZP (Punjab).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9.4 Lakh. It is led by directors including Atul Sharma (Whole-Time Director) and Rajesh Bhatia.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at H.No B20 1448 Gobind Nagar Ferozepur Road, Ludhiana, Punjab, India – 141001.

As per the financials filed for FY 2023, the company reported a revenue of ₹66.36 Lakh, a growth of 20% compared to the previous year. For the same year it recorded a net loss of ₹14,236 (net margin -0.2%) and EBITDA of ₹5.08 Lakh (EBITDA margin 7.7%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 42% over five years.

As per MCA filings, the company has open charges of ₹80 Lakh on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.

The current compliance status is marked as compliant by the Registrar of Companies.

Company Details of Viele Decor Private Limited
CIN U28999PB2016PTC045898
Registration Number 045898
Incorporation Date 28 November 2016
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    H.No B20 1448 Gobind Nagar Ferozepur Road, Ludhiana, Punjab, India – 141001
  • Industry
    Fabrication, Manufacturing, Metal Fabricated Products
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Financials, compliance, directors, charges, ownership and filings for Viele Decor Private Limited in one report.

Financials from FY 2017 Directors & ownership Charges & compliance

Business Activity of Viele Decor Private Limited

The main business activity of Viele Decor is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC13Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activitiesLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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Financials of Viele Decor Private Limited FY 2024 filings available

Viele Decor Private Limited reported revenue of ₹66.36 Lakh (up 20% YoY) for FY 2023.

Revenue · FY 2023
₹66.36 Lakh ▲ 20%
Net loss · FY 2023
₹14,236 margin -0.2%
EBITDA · FY 2023
₹5.08 Lakh margin 7.7%

Compounded Annual Growth Rate (CAGR) of Viele Decor Private Limited

Revenue CAGR growth
1 year
▲ 20%
3 years · compounded
▲ 1%
5 years · compounded
▲ 42%
EBITDA CAGR growth
1 year
▲ 792%
3 years · compounded
▲ 99%
5 years · compounded
▲ 106%

Revenue has grown at a compounded annual rate (CAGR) of 42% over five years, including 20% growth in the latest year. EBITDA rose 792% 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 of Viele Decor Private Limited

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations••••••••••••••••••••
Other Income••••••••••••••••••••
Total Revenue••••••••••••••••••••
Cost of Materials Consumed••••••••••••••••••••
Employee Benefit Expense••••••••••••••••••••
Finance Costs••••••••••••••••••••
Depreciation and Amortisation••••••••••••••••••••
Other Expenses••••••••••••••••••••
Total Expenses••••••••••••••••••••
EBITDA₹5.08 Lakh••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)-₹14,236••••••••••••••••
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 of Viele Decor Private Limited

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin7.7%••••••••••••••••
Net Profit Margin-0.2%••••••••••••••••
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••••••••••••••••••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Viele Decor are in the company report.

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Financial statements from FY 2017

Earlier years and trend charts are in the company report.

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Board of Directors of Viele Decor Private Limited

Viele Decor has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Rajesh BhatiaDirector28 Nov 20169 Years 10 MonthsCurrent
Sumesh ChandDirector28 Nov 20169 Years 10 MonthsCurrent
Atul SharmaWhole-Time Director29 Sep 20179 Years 0 MonthsCurrent

Peer Comparison of Viele Decor Private Limited

Viele Decor Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Gutsy and Brave Private Limited₹66.63 Lakh (FY 2024)••••••••28.0%••••Meerut, Uttar Pradesh, India
Polyamyna Nanotech Private Limited₹66.57 Lakh (FY 2025)••••••••952.0%••••Chennai, Tamil Nadu, India
Inracing Private Limited₹66.56 Lakh (FY 2025)••••••••53.0%••••Bengaluru, Karnataka, India
Hainor Nutrition Private Limited₹66.5 Lakh (FY 2025)••••••••-62.0%••••Gurugram, Haryana, India
Dhanda Jewellers Private Limited₹66.46 Lakh (FY 2025)••••••••-53.0%••••Ludhiana, Punjab, India
Viele Decor Private Limited this company₹66.36 Lakh (FY 2023)••••••••20.0%••••Ludhiana, Punjab, India
Step Up Jewels Private Limited₹66.35 Lakh (FY 2024)••••••••-57.0%••••Surat, Gujarat, India
BKR Solar Private Limited₹66.26 Lakh (FY 2015)••••••••170.0%••••Ahmedabad, Gujarat, India
R T Star Jewelry Private Limited₹66.18 Lakh (FY 2025)••••••••-78.0%••••Mumbai, Maharashtra, India
Siddharth Jeweltech Private Limited₹66.17 Lakh (FY 2025)••••••••-30.0%••••Gondal, Gujarat, India
Cre-Aid Labs Private Limited₹66.14 Lakh (FY 2024)••••••••113.0%••••Bangalore, Karnataka, India

Peers are the five companies nearest above and the five nearest below Viele Decor by revenue in the same principal business activity (Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Auditor Details of Viele Decor Private Limited

Viele Decor Private Limited is audited by NARESHKGOYAL& CO for the financial year 2017.

NameStatusAppointment DateCessation Date
NARESHKGOYAL& COLockedLockedLocked
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Ownership and Shareholding of Viele Decor Private Limited

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Charges & Borrowings of Viele Decor Private Limited

Open charges
₹80 Lakh
Satisfied charges
None
Breakdown by lending institutions
Others₹0.80 Cr
Latest charge details
DateLenderAmountStatus
24 Jul 2018Others₹80 LakhOpen

Total charge records: 1 View all charges

Employees and EPFO Compliance at Viele Decor Private Limited

Employment history and EPFO contributions of people linked to Viele Decor.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Viele Decor Private Limited

Viele Decor Private Limited has 4 board changes on record since 2016: 3 appointments and 1 cessation. The latest: Atul Sharma ceased to be Additional Director on 31 Oct 2017.

AGM
Viele Decor Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Viele Decor Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
Charges
A charge with Others amounted to Rs. 80.00 Lakh with Charge ID 100197671 was registered on 24 Jul 2018.
Ceased
Atul Sharma ceased to be Additional Director.
Appointed
Atul Sharma was appointed as Whole-Time Director.
Appointed
Rajesh Bhatia was appointed as Director.
Appointed
Sumesh Chand was appointed as Director.
Incorporation
28 Nov 2016
Viele Decor Private Limited was registered on 28 Nov 2016 with Roc Chandigarh & aged 9 years 10 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Viele Decor Private Limited

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Credit ratings, litigation, and regulatory alerts

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MSME Payment Delays by Viele Decor Private Limited

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Subsidiaries & Group Companies of Viele Decor Private Limited

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GST Compliance of Viele Decor Private Limited

Viele Decor has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
03AAFCV8575M1ZPPunjabActive14 Sep 2017
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GST registrations and filing compliance

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MCA Filings & Documents of Viele Decor Private Limited

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Frequently Asked Questions about Viele Decor Private Limited

Viele Decor is an active private limited company based in Ludhiana, Punjab, India. The company works in manufacturing, within the fabrication industry. It was incorporated on 28 November 2016 (10+ years old) and is registered under CIN U28999PB2016PTC045898.

Viele Decor reported revenue of ₹66.36 Lakh for FY 2023 (up 20% YoY).

Viele Decor has 3 current directors:

Viele Decor reported a net loss of ₹14,236 (net margin -0.2%) and EBITDA of ₹5.08 Lakh (EBITDA margin 7.7%) for FY 2023, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Viele Decor is 1% over three years and 42% over five years. In the latest year (FY 2023) revenue rose 20%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Viele Decor is 03AAFCV8575M1ZP, registered in Punjab.

The CIN (Corporate Identification Number) of Viele Decor is U28999PB2016PTC045898. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Viele Decor has 1 court case on record: 1 filed against it. 1 is pending.

Viele Decor was incorporated on 28 November 2016, making it 10+ years old. It is registered with the Registrar of Companies, Chandigarh.

The peers of Viele Decor by revenue are Gutsy and Brave Private Limited, Polyamyna Nanotech Private Limited, Inracing Private Limited, Hainor Nutrition Private Limited, Dhanda Jewellers Private Limited and 5 more, all in the same principal business activity (Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).

Atul Sharma ceased to be Additional Director on 31 Oct 2017. Atul Sharma was appointed as Whole-Time Director on 29 Sep 2017. Rajesh Bhatia was appointed as Director on 28 Nov 2016. Viele Decor has 4 board changes on record in total.

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