Veejay Polyplast Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
as on 23-10-2024
- Paid Up Capital ₹ 6.17 Cr
as on 23-10-2024
- Company Age 16 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 88.78 Cr
as on 23-10-2024
- Satisfied Charges ₹ 29.00 Cr
as on 23-10-2024
- Revenue 0.64%
(FY 2023)
- Profit -31.14%
(FY 2023)
- Ebitda 8.90%
(FY 2023)
- Net Worth 14.17%
(FY 2023)
- Total Assets 17.22%
(FY 2023)
About Veejay Polyplast
The Corporate was formerly known as Veekay Industries (India) Limited. The Company is engaged in the Manufacturing 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 10.00 Cr and a paid-up capital of Rs 6.17 Cr.
The company currently has active open charges totaling ₹88.78 Cr. The company has closed loans amounting to ₹29.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Mahaveer Pitti, Mahesh Pitti, Vijay Pitti, and Three other members serve as directors at the Company.
- CIN/LLPIN
U24110TG2008PLC057548
- Company No.
057548
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
11 Feb 2008
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Company Details
- Location
Mahabub Nagar, Telangana, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Veejay Polyplast?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mahesh Pitti  | Managing Director | 11-Feb-2008 | Current |
| Vijay Pitti | Managing Director | 11-Feb-2008 | Current |
Board Members(4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Mahaveer Pitti | Director | 11-Feb-2008 | Current |
| Mayur Pitti | Director | 01-Feb-2016 | Current |
| Akshay Pitti | Director | 22-Apr-2022 | Current |
| Krishna Pitti | Director | 05-Jul-2021 | Current |
Financial Performance of Veejay Polyplast.
Veejay Polyplast Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 0.64% increase. The company also saw a substantial fall in profitability, with a 31.14% decrease in profit. The company's net worth Soared by an impressive increase of 14.17%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Veejay Polyplast?
In 2023, Veejay Polyplast had a promoter holding of 17.25% and a public holding of 82.75%. 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)
Veejay Poly Films LimitedActive 14 years 1 monthMahaveer Pitti, Mahesh Pitti and 4 more are mutual person
Veekay Tapes And Packagings Private LimitedActive 26 years 11 monthsMahaveer Pitti and Mahesh Pitti are mutual person
- Veejay Infraestates Private LimitedActive 6 years 11 months
Mahaveer Pitti, Mahesh Pitti and 1 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Tata Capital Financial Services Limited Creation Date: 17 Jan 2022 | ₹12.30 Cr | Open |
Tata Capital Financial Services Limited Creation Date: 17 Jan 2022 | ₹2.50 Cr | Open |
Others Creation Date: 28 Oct 2021 | ₹15.00 Cr | Open |
How Many Employees Work at Veejay Polyplast?
Veejay Polyplast has a workforce of 10 employees as of Mar 28, 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 Polyplast, 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 Polyplast'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.
