Vee Tech Valves Private Limited

Manufactures industrial valves and components for various industries.

1996 | Dharwad, Karnataka (India) | Active
Last Updated: October 24, 2024

Vee Tech Valves Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 3.93 M
  • Company Age 28 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 9.35 Cr
  • Satisfied Charges ₹ 3.36 Cr
  • Revenue Growth -7.31%
  • Profit Growth -2.66%
  • Ebitda 2.20%
  • Net Worth 6.95%
  • Total Assets 60.30%

About Vee Tech Valves

Vee Tech Valves Private Limited (VTVPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 23 May 1996 and has a history of 28 years and nine months. Its registered office is in Dharwad, Karnataka, India.

The Company is engaged in the Machinery And Equipment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 3.93 M.

The company currently has active open charges totaling ₹9.35 Cr. The company has closed loans amounting to ₹3.36 Cr, as per Ministry of Corporate Affairs (MCA) records.

Girish Mane, Shrinivas Mane, and Yogita Mane serve as directors at the Company.

Company Details

  • Location

    Dharwad, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    veetechindia.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U32101KA1996PTC020513

  • Company No.

    020513

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 May 1996

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Machinery and Equipment

Who are the key members and board of directors at Vee Tech Valves?

Financial Performance of Vee Tech Valves.

Vee Tech Valves Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 7.31% decrease. The company also saw a slight decrease in profitability, with a 2.66% decrease in profit. The company's net worth moved up by a moderate rise of 6.95%.

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
-7.31%
Revenue from Operations
-8.02%
Total Assets
60.30%
Profit or Loss
-2.66%
Net Worth
6.95%
EBITDA
2.20%

What is the Ownership and Shareholding Structure of Vee Tech Valves?

In 2023, Vee Tech Valves had a promoter 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)

Open Charges

₹93.47 M

Satisfied Charges

₹33.62 M

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 5.25 Cr
  • Others : 2.56 Cr
  • Sidbi : 1.00 Cr
  • Hdfc Bank Limited : 0.40 Cr
  • Vijaya Bank : 0.13 Cr

Latest Charge Details

DateLenderAmountStatus
30 Mar 2024Hdfc Bank Limited₹4.00 MOpen
02 Nov 2023Sidbi₹1.00 CrOpen
13 May 2020Others₹2.56 CrOpen
01 Dec 2017Axis Bank Limited₹5.25 CrOpen
11 Feb 2013Vijaya Bank₹1.32 MOpen

How Many Employees Work at Vee Tech Valves?

Vee Tech Valves has a workforce of 8 employees as of Apr 06, 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 Vee Tech Valves, 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 Vee Tech Valves'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 Vee Tech Valves

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 4.00 M with Charge ID 100937720 was registered on 30 Mar 2024.

    30 Mar 2024

  • Charges

    A charge with Sidbi amounted to Rs. 10.00 M with Charge ID 100810101 was registered on 02 Nov 2023.

    02 Nov 2023

  • Annual General Meeting

    Vee Tech Valves Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Vee Tech Valves Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge with Axis Bank Limited of Rs. 52.50 M registered on 01 Dec 2017 with Charge ID 100140849 was modified on 28 Sep 2022.

    28 Sep 2022

  • Director Appointment

    Yogita Girish Mane was appointed as a Director was appointed as a Director on 17 Nov 2020 & has been associated with this company since 4 years 3 months .

    17 Nov 2020

Frequently asked questions

  • What is the Incorporation or founding date of Vee Tech Valves Private Limited?

    Vee Tech Valves Private Limited was incorporated on 23 May 1996.

  • What is authorized share capital and paid-up capital of Vee Tech Valves Private Limited?

    The authorized share capital of Vee Tech Valves Private Limited is ₹ 5.00 M and paid-up capital is ₹ 3.93 M.

  • Who are the current board members & directors of Vee Tech Valves Private Limited?

    Currently 3 directors are associated with Vee Tech Valves Private Limited.

    • Girish Vishnurao Mane
    • Shrinivas Mane
    • Yogita Girish Mane
  • What is the registered address of Vee Tech Valves Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Vee Tech Valves Private Limited is No 158 B 5Th Cross Right Side 2Nd Phase Opp Colgate Ware House Gamangatti Industrial Area, India, Hubli, Karnataka, 580029.

  • What is the corporate identification number (CIN) and company number of Vee Tech Valves Private Limited?

    The corporate identification number (CIN) of Vee Tech Valves Private Limited is U32101KA1996PTC020513 and the company number is 020513 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Vee Tech Valves Private Limited?

    The Official website of Vee Tech Valves Private Limited is https://www.veetechindia.com

  • What has been the recent revenue trend for Vee Tech Valves Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Vee Tech Valves Private Limited has fallen by -7.31%.

  • How many employees does Vee Tech Valves Private Limited currently have?

    As Per 2023 financial reports, 8 employees are currently employed by Vee Tech Valves Private Limited.

  • What change has been observed in the net worth of Vee Tech Valves Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Vee Tech Valves Private Limited has experienced an upsurge of 6.95%.

  • What are the total open charges for Vee Tech Valves Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Vee Tech Valves Private Limited amount to ₹ 9.35 Cr.

  • When was the last Balance Sheet of Vee Tech Valves Private Limited filed with the ROC?

    The most recent Balance Sheet for Vee Tech Valves Private Limited was filed with the ROC on 31 Mar 2023.

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