Veejay Lakshmi Engineering Works Profile
Key Indicators
- Authorised Capital ₹ 6.00 Cr
- Paid Up Capital ₹ 5.07 Cr
- Company Age 50 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 28.77 Cr
- Satisfied Charges ₹ 202.05 Cr
- Revenue Growth -15.21%
- Profit Growth -1514.36%
- Ebitda -323.36%
- Net Worth -46.34%
- Total Assets -7.47%
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 five 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 2023. 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 Vaiyampalayam Swaminathan as COMPANY SECRETARY and Ranganathan Devaraj as Cfo. Krishnamoorthy Narendra, Balasundaram Sriram, Arthi Anand, 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 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Coimbatore
Industry
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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vaiyampalayam Swaminathan  | Company Secretary | 04-Jun-2020 | Current |
| Ranganathan Devaraj | CFO | 14-Aug-2014 | Current |
| Jayaraman Anand | Managing Director | 12-Jun-1995 | Current |
| Vaiyampalayam Jayaraman | Managing Director | 26-Aug-1974 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Krishnamoorthy Narendra | Director | 25-Dec-2015 | Current |
| Balasundaram Sriram | Director | 29-Jan-2001 | Current |
| Arthi Anand | Director | 30-Mar-2015 | Current |
Athimoolam Naidu  | Director | 24-Oct-2000 | Current |
| Devaraj Ranganathan | Cfo and Whole-Time Director | 24-Jun-2005 | Current |
| Nagar Ananthapadmanabhan | Director | 29-Oct-2001 | Current |
Financial Performance of Veejay Lakshmi Engineering Works.
Veejay Lakshmi Engineering Works Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 15.21% decrease. The company also saw a substantial fall in profitability, with a 1514.36% decrease in profit. The company's net worth observed a substantial decline by a decrease of 46.34%.
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What is the Ownership and Shareholding Structure of Veejay Lakshmi Engineering Works?
In 2023, 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.
Related Corporates (Common Directorship)
Prathishta Weaving And Knitting Company Private LimitedBalasundaram Sriram is a mutual person
Augustan Knitwear Private LimitedAthimoolam Naidu is a mutual person
Veejay Sales And Services LimitedDevaraj Ranganathan, Jayaraman Anand and 1 more are mutual person
Lambodhara Textiles LimitedKrishnamoorthy Narendra is a mutual person
Lakshmi Engineering And Warehousing LimitedBalasundaram Sriram is a mutual person
Lakshmi Card Clothing Mfg. Company Private LimitedBalasundaram Sriram is a mutual person
Charges (Loans)
₹28.77 Cr
₹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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Mar 2011 | Indian Overseas Bank | ₹2.60 Cr | Open |
| 21 Mar 2009 | Others | ₹11.20 Cr | Open |
| 11 Aug 2005 | State Bank Of India | ₹14.97 Cr | Open |
| 24 Nov 2011 | Indian Overseas Bank | ₹6.00 Cr | Satisfied |
| 22 Aug 2008 | Technology Development Board | ₹8.30 Cr | Satisfied |
How Many Employees Work at Veejay Lakshmi Engineering Works?
Veejay Lakshmi Engineering Works has a workforce of 196 employees as of Apr 01, 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 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
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.
