Veall Mutual Benefit Nidhi Limited

Founded in 1996 and headquartered in Uttar Pradesh, India.

1996 | Pratapgarh, Uttar Pradesh (India) | Active
Last Updated:

Veall Mutual Benefit Nidhi Profile

Key Indicators

  • Authorised Capital ₹ 9.17 M
  • Paid Up Capital ₹ 9.16 M
  • Company Age 28 Year, 9 Months
  • Last Filing with ROC 31 Mar 2020
  • Revenue Growth -32.84%
  • Profit Growth -55.18%
  • Ebitda -90.05%
  • Net Worth -0.12%
  • Total Assets -1.23%

About Veall Mutual Benefit Nidhi

Veall Mutual Benefit Nidhi Limited (VMBNL) is a Nidhi Limited Company incorporated in India on 26 June 1996 and has a history of 28 years and nine months. Its registered office is in Pratapgarh, Uttar Pradesh, India.

The Corporate was formerly known as Presto Fincap And Leasing Limited. The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2020. It's a company limited by shares with an authorized capital of Rs 9.17 M and a paid-up capital of Rs 9.16 M, as per Ministry of Corporate Affairs (MCA) records.

Raj Verma, Maiku Lal, and Ram Telars serve as directors at the Company.

Company Details

  • Location

    Pratapgarh, Uttar Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U67190UP1996PLC020222

  • Company No.

    020222

  • Company Classification

    Nidhi Limited Company

  • Incorporation Date

    26 Jun 1996

  • Date of AGM

    21 Nov 2020

  • Date of Balance Sheet

    31 Mar 2020

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kanpur

Industry

Financial Services

Who are the key members and board of directors at Veall Mutual Benefit Nidhi?

Board Members (3)

NameDesignationAppointment DateStatus
Raj Verma Country flag representing In Director 17-Jan-2015Current
Maiku Lal Country flag representing In Director 17-Jan-2015Current
Ram Telars Country flag representing In Director 17-Jan-2015Current

Financial Performance of Veall Mutual Benefit Nidhi.

Veall Mutual Benefit Nidhi Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 32.84% decrease. The company also saw a substantial fall in profitability, with a 55.18% decrease in profit. The company's net worth dipped by a decrease of 0.12%.

Veall Mutual Benefit Nidhi revenue growth over time
Veall Mutual Benefit Nidhi profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-32.84%
Revenue from Operations
-32.84%
Total Assets
-1.23%
Profit or Loss
-55.18%
Net Worth
-0.12%
EBITDA
-90.05%

What is the Ownership and Shareholding Structure of Veall Mutual Benefit Nidhi?

In 2017, Veall Mutual Benefit Nidhi had a public holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Veall Mutual Benefit Nidhi?

Unlock and access historical data on people associated with Veall Mutual Benefit Nidhi, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Veall Mutual Benefit Nidhi Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Veall Mutual Benefit Nidhi, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Veall Mutual Benefit Nidhi's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Veall Mutual Benefit Nidhi

Recent activity within the organization

  • Annual General Meeting

    Veall Mutual Benefit Nidhi Limited last Annual general meeting of members was held on 21 Nov 2020 as per latest MCA records.

  • Balance Sheet

    Veall Mutual Benefit Nidhi Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Kanpur.

  • Director Appointment

    Raj Kumar Verma was appointed as a Director was appointed as a Director on 17 Jan 2015 & has been associated with this company since 10 years 2 months .

  • Director Appointment

    Maiku Lal was appointed as a Director was appointed as a Director on 17 Jan 2015 & has been associated with this company since 10 years 2 months .

  • Director Appointment

    Ram Vishal Telars was appointed as a Director was appointed as a Director on 17 Jan 2015 & has been associated with this company since 10 years 2 months .

  • Company Incorporation

    Veall Mutual Benefit Nidhi Limited was registered on 26 Jun 1996 with Roc Kanpur & aged 28 years 9 months as per MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Veall Mutual Benefit Nidhi Limited?

    Veall Mutual Benefit Nidhi Limited was incorporated on 26 Jun 1996.

  • What is authorized share capital and paid-up capital of Veall Mutual Benefit Nidhi Limited?

    The authorized share capital of Veall Mutual Benefit Nidhi Limited is ₹ 9.17 M and paid-up capital is ₹ 9.16 M.

  • Who are the current board members & directors of Veall Mutual Benefit Nidhi Limited?

    Currently 3 directors are associated with Veall Mutual Benefit Nidhi Limited.

    • Raj Kumar Verma
    • Maiku Lal
    • Ram Vishal Telars

  • What is the registered address of Veall Mutual Benefit Nidhi Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Veall Mutual Benefit Nidhi Limited is 22 First Floor Bajirao Katra Ganeshganj, India, Mirzapur, Uttar Pradesh, 230001.

  • What is the corporate identification number (CIN) and company number of Veall Mutual Benefit Nidhi Limited?

    The corporate identification number (CIN) of Veall Mutual Benefit Nidhi Limited is U67190UP1996PLC020222 and the company number is 020222 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Veall Mutual Benefit Nidhi Limited?

    According to the financial reports for the fiscal year 2020, the revenue trend for Veall Mutual Benefit Nidhi Limited has fallen by -32.84%.

  • What change has been observed in the net worth of Veall Mutual Benefit Nidhi Limited, and by what percentage?

    The financial reports for the fiscal year 2020 indicates that The net worth of Veall Mutual Benefit Nidhi Limited has experienced an downturn of -0.12%.

  • When was the last Balance Sheet of Veall Mutual Benefit Nidhi Limited filed with the ROC?

    The most recent Balance Sheet for Veall Mutual Benefit Nidhi Limited was filed with the ROC on 31 Mar 2020.

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