Viele Decor Private Limited
About Viele Decor Private Limited
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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
Contact details
Viele Decor Private Limited's registered office is in Ludhiana, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressH.No B20 1448 Gobind Nagar Ferozepur Road, Ludhiana, Punjab, India – 141001
- IndustryFabrication, Manufacturing, Metal Fabricated Products
To see the full contact details of Viele Decor 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 Viele Decor is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Viele Decor Private Limited, buy the company report.
Financials of Viele Decor Private Limited
FY 2024 filings availableViele Decor Private Limited reported revenue of ₹66.36 Lakh (up 20% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹5.08 Lakh | ||||
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| Net Profit (PAT) | -₹14,236 | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | 7.7% | ||||
| Net Profit Margin | -0.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Viele Decor Private Limited, buy the company report.
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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Bhatia | Director | 28 Nov 2016 | 9 Years 10 Months | Current |
| Sumesh Chand | Director | 28 Nov 2016 | 9 Years 10 Months | Current |
| Atul Sharma | Whole-Time Director | 29 Sep 2017 | 9 Years 0 Months | Current |
Peer comparison
Viele Decor Private Limited is compared with the 10 companies closest to it 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| 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 Limitedthis company | ₹66.36 Lakh (FY 2023) | -₹14,236 | -0.2% | 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 |
To see the full peer comparison of Viele Decor Private Limited, buy the company report.
Auditor
Viele Decor Private Limited is audited by NARESHKGOYAL& CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NARESHKGOYAL& CO | FY 2017 | 002657N |
Shareholding
The shareholding of Viele Decor Private Limited is on record for FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Viele Decor Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Jul 2018 | 100197671 | Others | ₹80 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Viele Decor Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Civil suit | Filed against the company by M/S Vista Modular System | Pending |
To see the full case history of Viele Decor 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 Viele Decor Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Viele Decor has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAFCV8575M1ZP | Punjab | Active | 14 Sep 2017 |
To see the full GST registrations and return filing status of Viele Decor Private Limited, buy the company report.
Recent activity
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.
Frequently asked questions
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 has 3 current directors:
- Atul Sharma - Whole-Time Director
- Rajesh Bhatia - Director
- Sumesh Chand - Director
The latest financial statements of Viele Decor on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2017 are in the company report.
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.
The registered office of Viele Decor is at H.No B20 1448 Gobind Nagar Ferozepur Road, Ludhiana, Punjab, India – 141001.
Viele Decor operates in the fabrication industry, in the manufacturing segment.