Veeflex Electrikals Private Limited

Manufacturer of mobile accessories such as power banks, ear buds, speakers, and chargers.

2002 | Bandra West, Maharashtra (India) | Active
Last Updated: June 16, 2024

Veeflex Electrikals Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 2.00 M
  • Company Age 22 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 8.50 M
  • Satisfied Charges ₹ 1.38 Cr
  • Revenue Growth 316.56%
  • Profit Growth 100.01%
  • Ebitda 173.66%
  • Net Worth
  • Total Assets 71.08%

About Veeflex Electrikals

Veeflex Electrikals Private Limited (VEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 26 August 2002 and has a history of 22 years and five months. Its registered office is in Bandra West, Maharashtra, India.

The Corporate was formerly known as Rajkumar Electro Components Private Limited. The Company is engaged in the Information Technology 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 2.00 M and a paid-up capital of Rs 2.00 M.

The company currently has active open charges totaling ₹8.50 M. The company has closed loans amounting to ₹1.38 Cr, as per Ministry of Corporate Affairs (MCA) records.

Yash Gwallani and Rajkumar Gwalani serve as directors at the Company.

Company Details

  • Location

    Bandra West, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    veeflex.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U99999MH2002PTC136970

  • Company No.

    136970

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Aug 2002

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Information Technology

What products or services does Veeflex Electrikals Private Limited offer?

Veeflex Electrikals Private Limited offers a wide range of products and services, including Electrical & Electronic Connectors, Electronic Connectors, Brackets, Holder & Hardware Fittings, Metal Fitting, Electrical Conduits and Fittings, Electrical Conduit Fittings, Copper & Brass Products, Brass Components, Conduit Pipes, Hydraulic Jacks, Lifts & Winches.

Who are the key members and board of directors at Veeflex Electrikals?

Board Members (2)

Name Designation Appointment Date Status
Rajkumar Gwalani Country flag representing In Director 26-Aug-2002 Current
Yash Gwallani Country flag representing In Director 25-Mar-2019 Current

Financial Performance of Veeflex Electrikals.

Veeflex Electrikals Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 316.56% increase. The company also saw a substantial improvement in profitability, with a 100.01% increase in profit. The company's net worth witnessed no change by increase of 0%.

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
316.56%
Revenue from Operations
316.48%
Total Assets
71.08%
Profit or Loss
100.01%
Net Worth
EBITDA
173.66%

What is the Ownership and Shareholding Structure of Veeflex Electrikals?

In 2023, Veeflex Electrikals 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

₹8.50 M

Satisfied Charges

₹13.77 M

Charges Breakdown by Lending Institutions

  • Andhra Pradesh Industrial Development Corporation Ltd. : 0.85 Cr

Latest Charge Details

Date Lender Amount Status
03 Mar 2000 Andhra Pradesh Industrial Development Corporation Ltd. ₹8.50 M Open
06 Mar 2012 Bassein Catholic Co-Op Bank Limited ₹0.50 M Satisfied
14 Oct 2006 Bassein Catholic Co-Operative Bank Limited ₹1.10 Cr Satisfied
15 Jul 2006 The Bassein Catholic Co-Operative Bank Ltd. ₹0.10 M Satisfied
15 Jul 2006 The Bassein Catholic Co-Operative Bank Ltd. ₹1.00 M Satisfied

How Many Employees Work at Veeflex Electrikals?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Veeflex Electrikals, 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 Veeflex Electrikals'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 Veeflex Electrikals

Recent activity within the organization

  • Annual General Meeting

    Veeflex Electrikals Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Veeflex Electrikals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Yash Raj Gwallani was appointed as a Director was appointed as a Director on 25 Mar 2019 & has been associated with this company since 5 years 10 months .

    25 Mar 2019

  • Charges

    A charge registered on 06 Mar 2012 via Charge ID 10342627 with Bassein Catholic Co-Op Bank Limited was fully satisfied on 16 Dec 2015.

    16 Dec 2015

  • Charges

    A charge registered on 15 Jul 2006 via Charge ID 10011461 with The Bassein Catholic Co-Operative Bank Ltd. was fully satisfied on 16 Dec 2015.

    16 Dec 2015

  • Charges

    A charge registered on 15 Jul 2006 via Charge ID 10016121 with The Bassein Catholic Co-Operative Bank Ltd. was fully satisfied on 16 Dec 2015.

    16 Dec 2015

Frequently asked questions

  • Veeflex Electrikals Private Limited was incorporated on 26 Aug 2002.

  • The authorized share capital of Veeflex Electrikals Private Limited is ₹ 2.00 M and paid-up capital is ₹ 2.00 M.

  • Currently 2 directors are associated with Veeflex Electrikals Private Limited.

    • Yash Raj Gwallani
    • Rajkumar Tolaram Gwalani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Veeflex Electrikals Private Limited is 42 Orchids Premises Csl Plot No 04 73/G Opp Dilip Kumars Bunglow Pali Hil, L, Bandra West, Maharashtra, India, 400050.

  • The corporate identification number (CIN) of Veeflex Electrikals Private Limited is U99999MH2002PTC136970 and the company number is 136970 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Veeflex Electrikals Private Limited is https://www.veeflex.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Veeflex Electrikals Private Limited has risen by 316.56%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Veeflex Electrikals Private Limited amount to ₹ 8.50 M.

  • The most recent Balance Sheet for Veeflex Electrikals Private Limited was filed with the ROC on 31 Mar 2023.

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