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ActiveVellore, Tamil NaduSince 2013

Vel Castings Private Limited

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Set up in 2013 in Vellore. It has pledged its assets against loans of up to ₹107.24 crore from 4 lenders.

CINU27310TN2013PTC092992
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13 years at a glance

Loans against its assets, and when today's people joined

2014201620182020202220242026LOANS AGAINST ITS ASSETSTODAY'S PEOPLE, WHEN THEY JOINEDRegistered as a companyIDBI Bank Limited, up to ₹13.5 crore, 31 Dec 2014 to 15 Nov 2017Siemens Financial Services Private Limited, up to ₹8.55 lakh, 29 Jun 2017 to still openIndusind Bank Limited, up to ₹10.12 crore, 3 Oct 2017 to 3 Aug 2021Siemens Financial Services Private Limited, up to ₹48.38 lakh, 5 Jul 2018 to still openIndusind Bank Limited, up to ₹5.67 crore, 3 Oct 2018 to 3 Aug 2021Indusind Bank Limited, up to ₹1.5 crore, 31 Aug 2019 to 3 Aug 2021Siemens Financial Services Private Limited, up to ₹36.11 lakh, 10 Feb 2020 to still openMahindra and Mahindra Financial Services Limited, up to ₹2.64 crore, 13 Jun 2020 to 31 Aug 2021Indusind Bank Limited, up to ₹35 lakh, 9 Nov 2020 to 3 Aug 2021HDFC Bank Limited, up to ₹10.21 lakh, 29 Apr 2021 to still openHDFC Bank Limited, up to ₹45.22 crore, 19 May 2021 to still openHDFC Bank Limited, up to ₹4.14 crore, 10 Jul 2021 to still openSiemens Financial Services Private Limited, up to ₹96.35 lakh, 7 Sept 2021 to still openSiemens Financial Services Private Limited, up to ₹46.02 lakh, 7 Sept 2021 to still openSiemens Financial Services Private Limited, up to ₹71.39 lakh, 7 Sept 2021 to still openHDFC Bank Limited, up to ₹18.63 lakh, 23 Nov 2021 to still openHDFC Bank Limited, up to ₹1.18 crore, 20 Dec 2022 to still openSiemens Financial Services Private Limited, up to ₹18.41 lakh, 16 Jun 2023 to still openKotak Mahindra Bank Limited, up to ₹25 crore, 8 Sept 2023 to 6 Aug 2026Siemens Financial Services Private Limited, up to ₹4.9 crore, 13 Jan 2025 to still openHDFC Bank Limited, up to ₹32.3 crore, 28 Apr 2025 to still openSiemens Financial Services Private Limited, up to ₹45.74 lakh, 20 Jun 2025 to still openCholamandalam Investment and Finance Company Limited, up to ₹54.28 lakh, 31 Jul 2025 to still openMahindra and Mahindra Financialservices Limited, up to ₹13 crore, 4 Sept 2025 to still openCholamandalam Investment and Finance Company Limited, up to ₹1.14 crore, 4 Mar 2026 to still openSiemens Financial Services Private Limited, up to ₹54.28 lakh, 21 May 2026 to still openSiemens Financial Services Private Limited, up to ₹28.49 lakh, 29 May 2026 to still open
Loan still openLoan paid offSomeone joined, and is still there
  • 2013Registered as a company on 16 Sept 2013.
  • 2021Its biggest loan against assets, ₹45.22 crore with HDFC Bank Limited, is still open.

Who runs it

This page does not list its directors yet. Open the company in Entiva to see who runs it on MCA's register today.

Who has lent to it

₹107.24 crorein loans backed by its assets, from 4 lenders

  • HDFC Bank Limited₹83.12 crore

    6 open loans, taken out 2021 to 2025

  • Mahindra and Mahindra Financialservices Limited₹13 crore

    Open, taken out 4 Sept 2025

  • Siemens Financial Services Private Limited₹9.44 crore

    11 open loans, taken out 2017 to 2026

  • Cholamandalam Investment and Finance Company Limited₹1.68 crore

    2 open loans, taken out 2025 to 2026

7 earlier loans, now paid off
  • Kotak Mahindra Bank Limited8 Sept 2023 to 6 Aug 2026₹25 crore
  • Indusind Bank Limited9 Nov 2020 to 3 Aug 2021₹35 lakh
  • Mahindra and Mahindra Financial Services Limited13 Jun 2020 to 31 Aug 2021₹2.64 crore
  • Indusind Bank Limited31 Aug 2019 to 3 Aug 2021₹1.5 crore
  • Indusind Bank Limited3 Oct 2018 to 3 Aug 2021₹5.67 crore
  • Indusind Bank Limited3 Oct 2017 to 3 Aug 2021₹10.12 crore
  • IDBI Bank Limited31 Dec 2014 to 15 Nov 2017₹13.5 crore

What its filings add

Vel Castings files these with the registrar. Entiva fetches and reads them for you.

  • Every year · AOC-4

    Revenue, profit and the balance sheet

    Its financial statements, year by year.

  • Every year · MGT-7

    Who owns it

    Its shareholders, and how much each one owns.

  • Each loan · CHG-1

    Each loan in detail

    The terms, and which assets back each loan.

  • ChatGPT · Claude

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The details on this page come from public records, including MCA's register of companies as Entiva read it on . Things may have changed since. A loan amount is the most the lender can claim against the company's assets, not what is still owed.