Veedon Marketing Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 9.00 M
- Company Age 10 Year, 14 Days
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 12.25 Cr
- Satisfied Charges ₹ 12.55 Cr
- Revenue Growth -15.58%
- Profit Growth -51.20%
- Ebitda 29.18%
- Net Worth 32.80%
- Total Assets -16.80%
About Veedon Marketing
Veedon Marketing Private Limited (VMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 January 2015 and has a history of Ten years. Its registered office is in Kottayam, Kerala, India.
The Company is engaged in the Consumer Electronics & Durables 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 1.00 Cr and a paid-up capital of Rs 9.00 M.
The company currently has active open charges totaling ₹12.25 Cr. The company has closed loans amounting to ₹12.55 Cr, as per Ministry of Corporate Affairs (MCA) records.
Kuruvilla Veedon, Ligimol John, and Joseph Veedon serve as directors at the Company.
Company Details
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Location
Kottayam, Kerala, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U51395KL2015PTC037825
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Company No.
037825
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
19 Jan 2015
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Ernakulam
Industry
Who are the key members and board of directors at Veedon Marketing?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Joseph Veedon
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Managing Director | 19-Jan-2015 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Kuruvilla Veedon
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Director | 14-Jun-2022 | Current |
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Ligimol John
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Director | 19-Jan-2015 | Current |
Financial Performance of Veedon Marketing.
Veedon Marketing Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 15.58% decrease. The company also saw a substantial fall in profitability, with a 51.2% decrease in profit. The company's net worth Soared by an impressive increase of 32.8%.
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What is the Ownership and Shareholding Structure of Veedon Marketing?
In 2023, Veedon Marketing had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Veedon Trading Company Private LimitedKuruvilla Veedon, Ligimol John and 1 more are mutual person
Charges (Loans)
₹12.25 Cr
₹12.55 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 10.75 Cr
- Tata Capital Financial Services Limited : 1.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Oct 2023 | Tata Capital Financial Services Limited | ₹1.50 Cr | Open |
| 28 Nov 2022 | State Bank Of India | ₹10.75 Cr | Open |
| 21 Mar 2022 | Others | ₹2.70 Cr | Satisfied |
| 18 Jun 2020 | Others | ₹8.50 M | Satisfied |
| 30 Jun 2015 | Others | ₹9.00 Cr | Satisfied |
How Many Employees Work at Veedon Marketing?
Veedon Marketing has a workforce of 11 employees as of Apr 04, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Veedon Marketing, 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 Veedon Marketing's trajectory.
Rating
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
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.