Veedon Trading Company Private Limited

Wholesale and retail distribution of various consumer goods, including tobacco, food, and personal care products.

2014 | Erattupetta, Kerala (India) | Active
Last Updated: July 25, 2024

Veedon Trading Company Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 2.00 M
  • Company Age 11 Year, 13 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.61 Cr
  • Satisfied Charges ₹ 1.70 Cr
  • Revenue Growth 9.46%
  • Profit Growth 39.41%
  • Ebitda 23.85%
  • Net Worth 41.73%
  • Total Assets -11.45%

About Veedon Trading Company

Veedon Trading Company Private Limited (VTCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 January 2014 and has a history of 11 years. Its registered office is in Erattupetta, Kerala, India.

The Company is engaged in the Trading 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 2.00 M.

The company currently has active open charges totaling ₹1.61 Cr. The company has closed loans amounting to ₹1.70 Cr, as per Ministry of Corporate Affairs (MCA) records.

Kuruvilla Veedon, Ligimol John, and Joseph Veedon serve as directors at the Company.

Company Details

  • Location

    Erattupetta, Kerala, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51900KL2014PTC035921

  • Company No.

    035921

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Jan 2014

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Trading

Who are the key members and board of directors at Veedon Trading Company?

Executive Team (1)

Name Designation Appointment Date Status
Joseph Veedon Country flag representing In Managing Director 20-Jan-2014 Current

Board Members (2)

Name Designation Appointment Date Status
Kuruvilla Veedon Country flag representing In Director 16-Jun-2022 Current
Ligimol John Country flag representing In Director 20-Jan-2014 Current

Financial Performance of Veedon Trading Company.

Veedon Trading Company Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 9.46% increase. The company also saw a substantial improvement in profitability, with a 39.41% increase in profit. The company's net worth Soared by an impressive increase of 41.73%.

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
9.46%
Revenue from Operations
9.43%
Total Assets
-11.45%
Profit or Loss
39.41%
Net Worth
41.73%
EBITDA
23.85%

What is the Ownership and Shareholding Structure of Veedon Trading Company?

In 2023, Veedon Trading Company 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

₹16.10 M

Satisfied Charges

₹17.04 M

Charges Breakdown by Lending Institutions

  • State Bank Of India : 1.61 Cr

Latest Charge Details

Date Lender Amount Status
28 Nov 2022 State Bank Of India ₹1.61 Cr Open
26 Aug 2020 Others ₹2.54 M Satisfied
31 Mar 2014 The Federal Bank Ltd ₹1.45 Cr Satisfied

How Many Employees Work at Veedon Trading Company?

Veedon Trading Company has a workforce of 27 employees as of Apr 08, 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 Veedon Trading Company, 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 Trading Company'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 Veedon Trading Company

Recent activity within the organization

  • Annual General Meeting

    Veedon Trading Company Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with State Bank Of India of Rs. 16.10 M registered on 28 Nov 2022 with Charge ID 100664231 was modified on 03 May 2023.

    03 May 2023

  • Balance Sheet

    Veedon Trading Company Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ernakulam.

    31 Mar 2023

  • Charges

    A charge registered on 31 Mar 2014 via Charge ID 10495470 with The Federal Bank Ltd was fully satisfied on 29 Mar 2023.

    29 Mar 2023

  • Charges

    A charge registered on 26 Aug 2020 via Charge ID 100363201 with Others was fully satisfied on 18 Jan 2023.

    18 Jan 2023

  • Charges

    A charge with State Bank Of India amounted to Rs. 16.10 M with Charge ID 100664231 was registered on 28 Nov 2022.

    28 Nov 2022

Frequently asked questions

  • Veedon Trading Company Private Limited was incorporated on 20 Jan 2014.

  • The authorized share capital of Veedon Trading Company Private Limited is ₹ 5.00 M and paid-up capital is ₹ 2.00 M.

  • Currently 3 directors are associated with Veedon Trading Company Private Limited.

    • Kuruvilla Joseph Veedon
    • Ligimol John
    • Joseph Gregorykuruvilla Veedon
  • As per Ministry of Corporate Affairs (Mca), the registered address of Veedon Trading Company Private Limited is 128D/ViiValiyaveettil Building Aruvithura P.O., Erattupetta, Kerala, India, 686122.

  • The corporate identification number (CIN) of Veedon Trading Company Private Limited is U51900KL2014PTC035921 and the company number is 035921 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Veedon Trading Company Private Limited has risen by 9.46%.

  • As Per 2023 financial reports, 27 employees are currently employed by Veedon Trading Company Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Veedon Trading Company Private Limited has experienced an upsurge of 41.73%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Veedon Trading Company Private Limited amount to ₹ 1.61 Cr.

  • The most recent Balance Sheet for Veedon Trading Company Private Limited was filed with the ROC on 31 Mar 2023.