Veejay Lakshmi Engineering Works Limited

Manufacturer of textile machinery, including twisters, winders, and windmills for power generation.

1974 | Coimbatore, Tamil Nadu (India) | Active
Last Updated:

Veejay Lakshmi Engineering Works Profile

Key Indicators

  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 5.07 Cr
  • Company Age 50 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 28.77 Cr
  • Satisfied Charges ₹ 202.05 Cr
  • Revenue Growth 40.81%
  • Profit Growth 67.56%
  • Ebitda 66.42%
  • Net Worth -17.59%
  • Total Assets -7.11%

About Veejay Lakshmi Engineering Works

Veejay Lakshmi Engineering Works Limited (VLEWL) is a leading Public Limited Indian Non-Government Company incorporated in India on 26 August 1974 and has a history of 50 years and seven months. Its registered office is in Coimbatore, Tamil Nadu, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 522267.

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 2024. It's a company limited by shares with an authorized capital of Rs 6.00 Cr and a paid-up capital of Rs 5.07 Cr.

The company currently has active open charges totaling ₹28.77 Cr. The company has closed loans amounting to ₹202.05 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Veejay Lakshmi Engineering Works Limited India are Ranganathan Devaraj as CFO and Vaiyampalayam Swaminathan as Company Secretary. Vaiyampalayam Jayaraman, Jayaraman Anand, Devaraj Ranganathan, and Five other members serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L29191TZ1974PLC000705

  • Company No.

    000705

  • Stock Symbol

    BSE : 522267

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    26 Aug 1974

  • Date of AGM

    13 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Coimbatore

Industry

Machinery and Equipment
Manufacturing

What products or services does Veejay Lakshmi Engineering Works Limited offer?

Veejay Lakshmi Engineering Works Limited offers a wide range of products and services, including Apparel & Textile Machinery, Reeling Machine, Spinning Machinery, Two For One Twisting Machine, Assembly Winder, Wire Drawing & Cabling Machines, Winding Machines.

Who are the key members and board of directors at Veejay Lakshmi Engineering Works?

Executive Team (4)

NameDesignationAppointment DateStatus
Vaiyampalayam Jayaraman Country flag representing In Managing Director26-Aug-1974Current
Jayaraman Anand Country flag representing In Managing Director12-Jun-1995Current
Ranganathan Devaraj Country flag representing In CFO14-Aug-2014Current
Vaiyampalayam Swaminathan Country flag representing In Company Secretary04-Jun-2020Current

Board Members (6)

NameDesignationAppointment DateStatus
Sasirekha Vengatesh Country flag representing In Director 25-Sep-2024Current
Devaraj Ranganathan Country flag representing In Whole-Time Director and Cfo 24-Jun-2005Current
Krishnamoorthy Narendra Country flag representing In Director 25-Dec-2015Current
Tamraparni Rajagopal Country flag representing In Director 25-Sep-2024Current
Arthi Anand Country flag representing In Director 30-Mar-2015Current
Rangaswamy Gurubatham Director 25-Sep-2024Current

Financial Performance of Veejay Lakshmi Engineering Works.

Veejay Lakshmi Engineering Works Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 40.81% increase. The company also saw a substantial improvement in profitability, with a 67.56% increase in profit. The company's net worth observed a substantial decline by a decrease of 17.59%.

Veejay Lakshmi Engineering Works revenue growth over time
Veejay Lakshmi Engineering Works 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
40.81%
Revenue from Operations
36.14%
Total Assets
-7.11%
Profit or Loss
67.56%
Net Worth
-17.59%
EBITDA
66.42%

What is the Ownership and Shareholding Structure of Veejay Lakshmi Engineering Works?

In 2024, Veejay Lakshmi Engineering Works had a promoter holding of 65.23% and a public holding of 34.76%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹28.77 Cr

Satisfied Charges

₹202.05 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 14.97 Cr
  • Others : 11.20 Cr
  • Indian Overseas Bank : 2.60 Cr

Latest Charge Details

DateLenderAmountStatus
18 Mar 2011Indian Overseas Bank₹2.60 CrOpen
21 Mar 2009Others₹11.20 CrOpen
11 Aug 2005State Bank Of India₹14.97 CrOpen
24 Nov 2011Indian Overseas Bank₹6.00 CrSatisfied
22 Aug 2008Technology Development Board₹8.30 CrSatisfied

How Many Employees Work at Veejay Lakshmi Engineering Works?

Veejay Lakshmi Engineering Works has a workforce of 441 employees as of Mar 20, 2025. 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.

Employee growth trends for Veejay Lakshmi Engineering Works Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Veejay Lakshmi Engineering Works, 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 Veejay Lakshmi Engineering Works'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 Veejay Lakshmi Engineering Works

Recent activity within the organization

  • Director Appointment

    Tamraparni Srinivasan Venkata Rajagopal was appointed as a Director was appointed as a Director on 25 Sep 2024 & has been associated with this company since 6 months 5 days .

  • Director Appointment

    Sasirekha Vengatesh was appointed as a Director was appointed as a Director on 25 Sep 2024 & has been associated with this company since 6 months 5 days .

  • Director Appointment

    Rangaswamy Gurubatham was appointed as a Director was appointed as a Director on 25 Sep 2024 & has been associated with this company since 6 months 5 days .

  • Annual General Meeting

    Veejay Lakshmi Engineering Works Limited last Annual general meeting of members was held on 13 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Veejay Lakshmi Engineering Works Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.

  • Charges

    A charge with Others of Rs. 11.20 Cr registered on 21 Mar 2009 with Charge ID 10150298 was modified on 28 Jun 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Veejay Lakshmi Engineering Works Limited?

    Veejay Lakshmi Engineering Works Limited was incorporated on 26 Aug 1974.

  • What is authorized share capital and paid-up capital of Veejay Lakshmi Engineering Works Limited?

    The authorized share capital of Veejay Lakshmi Engineering Works Limited is ₹ 6.00 Cr and paid-up capital is ₹ 5.07 Cr.

  • Who are the current board members & directors of Veejay Lakshmi Engineering Works Limited?

    Currently 10 directors are associated with Veejay Lakshmi Engineering Works Limited.

    • Vaiyampalayam Janarthanam Jayaraman
    • Jayaraman Anand
    • Devaraj Ranganathan
    • Krishnamoorthy Narendra
    • Tamraparni Srinivasan Venkata Rajagopal
    • Arthi Anand
    • Sasirekha Vengatesh
    • Rangaswamy Gurubatham
    • Ranganathan Devaraj
    • Vaiyampalayam Krishnama Naidu Swaminathan
  • What is the registered address of Veejay Lakshmi Engineering Works Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Veejay Lakshmi Engineering Works Limited is Sengalipalayamnggo Colony Post India, Coimbatore, Tamil Nadu, 641022.

  • What is the corporate identification number (CIN) and company number of Veejay Lakshmi Engineering Works Limited?

    The corporate identification number (CIN) of Veejay Lakshmi Engineering Works Limited is L29191TZ1974PLC000705 and the company number is 000705 as per Ministry of Corporate Affairs (MCA).

  • Is Veejay Lakshmi Engineering Works Limited registered with any stock exchange in India?

    Yes, Veejay Lakshmi Engineering Works Limited is registered on Bombay Stock Exchange (BSE).

  • What is the official website of Veejay Lakshmi Engineering Works Limited?

    The Official website of Veejay Lakshmi Engineering Works Limited is https://www.veejaylakshmi.com

  • What has been the recent revenue trend for Veejay Lakshmi Engineering Works Limited?

    According to the financial reports for the fiscal year 2024, the revenue trend for Veejay Lakshmi Engineering Works Limited has risen by 40.81%.

  • How many employees does Veejay Lakshmi Engineering Works Limited currently have?

    As Per 2024 financial reports, 441 employees are currently employed by Veejay Lakshmi Engineering Works Limited.

  • What change has been observed in the net worth of Veejay Lakshmi Engineering Works Limited, and by what percentage?

    The financial reports for the fiscal year 2024 indicates that The net worth of Veejay Lakshmi Engineering Works Limited has experienced an downturn of -17.59%.

  • What are the total open charges for Veejay Lakshmi Engineering Works Limited?

    As per the financial statements for fiscal Year 2024, The total open charges for Veejay Lakshmi Engineering Works Limited amount to ₹ 28.77 Cr.

  • When was the last Balance Sheet of Veejay Lakshmi Engineering Works Limited filed with the ROC?

    The most recent Balance Sheet for Veejay Lakshmi Engineering Works Limited was filed with the ROC on 31 Mar 2024.