Veebasons Corrugating Private Limited

Manufactures and supplies corrugated boxes, rolls, and sheets for packaging purposes.

2004 | Rajkot, Gujarat (India) | Active
Last Updated: December 16, 2024

Veebasons Corrugating Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 20 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 8.64 M
  • Satisfied Charges ₹ 8.40 M
  • Revenue Growth 13.20%
  • Profit Growth -10.48%
  • Ebitda -3.21%
  • Net Worth 10.26%
  • Total Assets 6.20%

About Veebasons Corrugating

Veebasons Corrugating Private Limited (VCPL) is a Private Limited Indian Non-Government Company incorporated in India on 05 July 2004 and has a history of 20 years and seven months. Its registered office is in Rajkot, Gujarat, India.

The Company is engaged in the Packaging 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 1.00 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹8.64 M. The company has closed loans amounting to ₹8.40 M, as per Ministry of Corporate Affairs (MCA) records.

Vimal Sitapara, Mihir Sitapara, and Vina Sitapara serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U21023GJ2004PTC044412

  • Company No.

    044412

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Jul 2004

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Packaging

Who are the key members and board of directors at Veebasons Corrugating?

Board Members (3)

Name Designation Appointment Date Status
Vimal Sitapara Country flag representing In Director 20-Sep-2004 Current
Mihir Sitapara Country flag representing In Director 05-Jul-2004 Current
Vina Sitapara Country flag representing In Director 05-Jul-2004 Current

Financial Performance of Veebasons Corrugating.

Veebasons Corrugating Private Limited, for the financial year ended 2017, experienced significant growth in revenue, with a 13.2% increase. The company also saw a substantial fall in profitability, with a 10.48% decrease in profit. The company's net worth Soared by an impressive increase of 10.26%.

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
13.20%
Revenue from Operations
13.19%
Total Assets
6.20%
Profit or Loss
-10.48%
Net Worth
10.26%
EBITDA
-3.21%

What is the Ownership and Shareholding Structure of Veebasons Corrugating?

In 2017, Veebasons Corrugating 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

₹8.64 M

Satisfied Charges

₹8.40 M

Charges Breakdown by Lending Institutions

  • Others : 0.86 Cr

Latest Charge Details

Date Lender Amount Status
15 Mar 2023 Others ₹5.14 M Open
02 Aug 2006 Others ₹3.50 M Open
30 Mar 2018 Others ₹1.90 M Satisfied
10 Nov 2004 The Co-Operative Bank Of Rajkot Limited ₹6.50 M Satisfied

How Many Employees Work at Veebasons Corrugating?

Veebasons Corrugating has a workforce of 8 employees as of Mar 31, 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 Veebasons Corrugating, 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 Veebasons Corrugating'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 Veebasons Corrugating

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Veebasons Corrugating Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge registered on 30 Mar 2018 via Charge ID 100192308 with Others was fully satisfied on 31 Mar 2023.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 5.14 M with Charge ID 100711524 was registered on 15 Mar 2023.

    15 Mar 2023

  • Charges

    A charge with Others of Rs. 3.50 M registered on 02 Aug 2006 with Charge ID 10014376 was modified on 23 May 2022.

    23 May 2022

  • Charges

    A charge with Others amounted to Rs. 1.90 M with Charge ID 100192308 was registered on 30 Mar 2018.

    30 Mar 2018

Frequently asked questions

  • Veebasons Corrugating Private Limited was incorporated on 05 Jul 2004.

  • The authorized share capital of Veebasons Corrugating Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

  • Currently 3 directors are associated with Veebasons Corrugating Private Limited.

    • Vimal Babubhai Sitapara
    • Mihir Babubhai Sitapara
    • Vina Babulal Sitapara
  • As per Ministry of Corporate Affairs (Mca), the registered address of Veebasons Corrugating Private Limited is G I D C Lodhika Plot No 2412 Kranti Gate Road H/11 Kalawad M Etoda India, Rajkot, Gujarat, 360003.

  • The corporate identification number (CIN) of Veebasons Corrugating Private Limited is U21023GJ2004PTC044412 and the company number is 044412 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Veebasons Corrugating Private Limited is https://www.veebasonspackaging.com

  • According to the financial reports for the fiscal year 2017, the revenue trend for Veebasons Corrugating Private Limited has risen by 13.20%.

  • As Per 2017 financial reports, 8 employees are currently employed by Veebasons Corrugating Private Limited.

  • The financial reports for the fiscal year 2017 indicates that The net worth of Veebasons Corrugating Private Limited has experienced an upsurge of 10.26%.

  • As per the financial statements for fiscal Year 2017, The total open charges for Veebasons Corrugating Private Limited amount to ₹ 8.64 M.

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

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