Veave Technologies Private Limited

Consulting firm providing process improvement and certification services for international standards.

2011 | Bangaluru, Karnataka (India) | Active
Last Updated: January 02, 2025

Veave Technologies Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 13 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.81 Cr
  • Revenue Growth 95.32%
  • Profit Growth 963.98%
  • Ebitda 66.70%
  • Net Worth 27.57%
  • Total Assets 45.71%

About Veave Technologies

Veave Technologies Private Limited (VTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 22 September 2011 and has a history of 13 years and four months. Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Veavetechnology Solutions Private Limited. The Company is engaged in the Business Outsourcing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 0.10 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹3.81 Cr.

Vijay Boregowda, Vinay Kumar, and Subhash Mashalkar serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200KA2011PTC060539

  • Company No.

    060539

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Sep 2011

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Business Outsourcing

What products or services does Veave Technologies Private Limited offer?

Veave Technologies Private Limited offers a wide range of products and services, including ISO & Quality Management Consultants, ISO Certification Consultancy, Certification Services, ISO 9001, ISO 22000 Certification, OHSAS 18001 Consulting Services.

Who are the key members and board of directors at Veave Technologies?

Board Members (3)

Name Designation Appointment Date Status
Vijay Boregowda Country flag representing In Director 22-Sep-2011 Current
Subhash Mashalkar Country flag representing In Director 01-Apr-2016 Current
Vinay Kumar Country flag representing In Director 22-Sep-2011 Current

Financial Performance of Veave Technologies.

Veave Technologies Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 95.32% increase. The company also saw a substantial improvement in profitability, with a 963.98% increase in profit. The company's net worth Soared by an impressive increase of 27.57%.

Graph illustrating revenue growth over time
Graph showing 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
95.32%
Revenue from Operations
93.40%
Total Assets
45.71%
Profit or Loss
963.98%
Net Worth
27.57%
EBITDA
66.70%

What is the Ownership and Shareholding Structure of Veave Technologies?

Unlock access to Veave Technologies's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹38.10 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 3.36 Cr
  • Axis Bank Limited : 0.35 Cr
  • Hdfc Bank Limited : 0.10 Cr

Latest Charge Details

Date Lender Amount Status
03 Nov 2023 Others ₹3.36 Cr Open
18 May 2022 Hdfc Bank Limited ₹1.00 M Open
24 Nov 2015 Axis Bank Limited ₹3.50 M Open

How Many Employees Work at Veave Technologies?

Veave Technologies has a workforce of 16 employees as of Mar 29, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Veave Technologies, 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 Veave Technologies'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 Veave Technologies

Recent activity within the organization

  • Annual General Meeting

    Veave Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Veave Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 33.60 M with Charge ID 100835022 was registered on 03 Nov 2023.

    03 Nov 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.00 M with Charge ID 100596793 was registered on 18 May 2022.

    18 May 2022

  • Director Appointment

    Subhash Ramrao Mashalkar was appointed as a Director was appointed as a Director on 01 Apr 2016 & has been associated with this company since 8 years 10 months .

    01 Apr 2016

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 3.50 M with Charge ID 10606174 was registered on 24 Nov 2015.

    24 Nov 2015

Frequently asked questions

  • Veave Technologies Private Limited was incorporated on 22 Sep 2011.

  • The authorized share capital of Veave Technologies Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 3 directors are associated with Veave Technologies Private Limited.

    • Vijay Boregowda
    • Vinay Madurepalligopalakrishnan Kumar
    • Subhash Ramrao Mashalkar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Veave Technologies Private Limited is No.107 Third Floor Gokaram'S Complex 2Nd Main 7Th Block West Of Kanakapura Road, Jaya Nagara India, Bangalore, Karnataka, 560011.

  • The corporate identification number (CIN) of Veave Technologies Private Limited is U72200KA2011PTC060539 and the company number is 060539 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Veave Technologies Private Limited is https://www.veave.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Veave Technologies Private Limited has risen by 95.32%.

  • As Per 2022 financial reports, 16 employees are currently employed by Veave Technologies Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Veave Technologies Private Limited has experienced an upsurge of 27.57%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Veave Technologies Private Limited amount to ₹ 3.81 Cr.

  • The most recent Balance Sheet for Veave Technologies Private Limited was filed with the ROC on 31 Mar 2024.

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