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ActiveErode, Tamil NaduSince 1981

Velatal Industries Private Limited

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Set up in 1981 in Erode. It has pledged its assets against loans of up to ₹119.2 crore from 1 lender.

CINU17111TZ1981PTC001053
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45 years at a glance

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

19821984198619881990199219941996199820002002200420062008201020122014201620182020202220242026LOANS AGAINST ITS ASSETSTODAY'S PEOPLE, WHEN THEY JOINEDRegistered as a companyBank of Inda, up to ₹64.24 crore, 21 Jan 1983 to 4 Mar 2020Bank of India, up to ₹10 lakh, 24 Jan 1983 to 4 Mar 2020Bank of India, up to ₹10 lakh, 6 Dec 1990 to 4 Mar 2020Bank of India, up to ₹80 lakh, 5 Oct 1998 to 4 Mar 2020Axis Bank Limited, up to ₹119.2 crore, 27 Jan 2020 to still open
Loan still openLoan paid offSomeone joined, and is still there
  • 1981Registered as a company on 8 May 1981.
  • 2020Its biggest loan against assets, ₹119.2 crore with Axis 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

₹119.2 crorein loans backed by its assets, from 1 lender

  • Axis Bank Limited₹119.2 crore

    Open, taken out 27 Jan 2020

4 earlier loans, now paid off
  • Bank of India5 Oct 1998 to 4 Mar 2020₹80 lakh
  • Bank of India6 Dec 1990 to 4 Mar 2020₹10 lakh
  • Bank of India24 Jan 1983 to 4 Mar 2020₹10 lakh
  • Bank of Inda21 Jan 1983 to 4 Mar 2020₹64.24 crore

What its filings add

Velatal Industries 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.