Veda Cements Limited

Manufacturer and seller of various construction materials, including cement, concrete, and building supplies.

1978 | Bangaluru, Karnataka (India) | Active
Last Updated:

Veda Cements Profile

Key Indicators

  • Authorised Capital ₹ 2.20 Cr
  • Paid Up Capital ₹ 2.09 Cr
  • Company Age 46 Year, 9 Months
  • Last Filing with ROC 31 Mar 2018
  • Open Charges ₹ 9.17 M
  • Revenue Growth %
  • Profit Growth 19.43%
  • Ebitda 19.43%
  • Net Worth -0.12%
  • Total Assets 15.87%

About Veda Cements

Veda Cements Limited (VCL) is a Public Limited Indian Non-Government Company incorporated in India on 06 June 1978 and has a history of 46 years and nine months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2018. It's a company limited by shares with an authorized capital of Rs 2.20 Cr and a paid-up capital of Rs 2.09 Cr.

The company currently has active open charges totaling ₹9.17 M.

Pavan Medisetty, Rajendra Rajput, and Venkataiah Vanaparthi 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

    U26922KA1978PLC003325

  • Company No.

    003325

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    06 Jun 1978

  • Date of AGM

    29 Sep 2018

  • Date of Balance Sheet

    31 Mar 2018

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Manufacturing

Who are the key members and board of directors at Veda Cements?

Board Members (3)

NameDesignationAppointment DateStatus
Pavan Medisetty Country flag representing In Additional Director 02-Apr-2019Current
Rajendra Rajput Country flag representing In Additional Director 02-Apr-2019Current
Venkataiah Vanaparthi Country flag representing In Additional Director 20-Apr-2019Current

Financial Performance of Veda Cements.

Veda Cements Limited, for the financial year ended 2017, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 19.43% increase in profit. The company's net worth dipped by a decrease of 0.12%.

Veda Cements revenue growth over time
Veda Cements 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
Revenue from Operations
Total Assets
15.87%
Profit or Loss
19.43%
Net Worth
-0.12%
EBITDA
19.43%

What is the Ownership and Shareholding Structure of Veda Cements?

In 2017, Veda Cements had a promoter holding of 81.06% and a public holding of 18.94%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.92 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • The Canara Bank Ltd. : 0.57 Cr
  • Karnataka State Industrial Investment & Development Corporat : 0.30 Cr
  • State Bank Of India : 0.05 Cr

Latest Charge Details

DateLenderAmountStatus
16 Sep 1999Karnataka State Industrial Investment & Development Corporat₹3.00 MOpen
06 May 1982The Canara Bank Ltd.₹5.00 MOpen
16 Jun 1981State Bank Of India₹0.45 MOpen
25 Nov 1980The Canara Bank Ltd.₹0.22 MOpen
06 Mar 1967The Canara Bank Ltd.₹0.50 MOpen

How Many Employees Work at Veda Cements?

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

Employee growth trends for Veda Cements Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Veda Cements, 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 Veda Cements'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 Veda Cements

Recent activity within the organization

  • Director Appointment

    Venkataiah Vanaparthi was appointed as a Additional Director was appointed as a Additional Director on 20 Apr 2019 & has been associated with this company since 5 years 11 months .

  • Director Appointment

    Pavan Kumar Medisetty was appointed as a Additional Director was appointed as a Additional Director on 02 Apr 2019 & has been associated with this company since 5 years 11 months .

  • Director Appointment

    Rajendra Prasad Gulabchand Rajput was appointed as a Additional Director was appointed as a Additional Director on 02 Apr 2019 & has been associated with this company since 5 years 11 months .

  • Annual General Meeting

    Veda Cements Limited last Annual general meeting of members was held on 29 Sep 2018 as per latest MCA records.

  • Balance Sheet

    Veda Cements Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Bangalore.

  • Charges

    A charge with Karnataka State Industrial Investment & Development Corporat amounted to Rs. 0.30 Cr with Charge ID 90388998 was registered on 16 Sep 1999.

Frequently asked questions

  • What is the Incorporation or founding date of Veda Cements Limited?

    Veda Cements Limited was incorporated on 06 Jun 1978.

  • What is authorized share capital and paid-up capital of Veda Cements Limited?

    The authorized share capital of Veda Cements Limited is ₹ 2.20 Cr and paid-up capital is ₹ 2.09 Cr.

  • Who are the current board members & directors of Veda Cements Limited?

    Currently 3 directors are associated with Veda Cements Limited.

    • Pavan Kumar Medisetty
    • Rajendra Prasad Gulabchand Rajput
    • Venkataiah Vanaparthi

  • What is the registered address of Veda Cements Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Veda Cements Limited is 130 Margosa Road B/ W 9Th 10Th Cross, Malleshwaram India, Banglore, Karnataka, 560003.

  • What is the corporate identification number (CIN) and company number of Veda Cements Limited?

    The corporate identification number (CIN) of Veda Cements Limited is U26922KA1978PLC003325 and the company number is 003325 as per Ministry of Corporate Affairs (MCA).

  • What change has been observed in the net worth of Veda Cements Limited, and by what percentage?

    The financial reports for the fiscal year 2017 indicates that The net worth of Veda Cements Limited has experienced an downturn of -0.12%.

  • What are the total open charges for Veda Cements Limited?

    As per the financial statements for fiscal Year 2017, The total open charges for Veda Cements Limited amount to ₹ 9.17 M.

  • When was the last Balance Sheet of Veda Cements Limited filed with the ROC?

    The most recent Balance Sheet for Veda Cements Limited was filed with the ROC on 31 Mar 2018.

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