Veejay Polyplast Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 6.17 Cr
- Company Age 17 Year, 9 Days
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 88.78 Cr
- Satisfied Charges ₹ 29.00 Cr
- Revenue Growth 0.64%
- Profit Growth -31.14%
- Ebitda 8.90%
- Net Worth 14.17%
- Total Assets 17.22%
About Veejay Polyplast
Veejay Polyplast Limited (VPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 11 February 2008 and has a history of 17 years. Its registered office is in Mahabub Nagar, Telangana, India.
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.
Company Details
- Location
Mahabub Nagar, Telangana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- 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
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 LimitedMahaveer Pitti, Mahesh Pitti and 4 more are mutual person
Veekay Tapes And Packagings Private LimitedMahaveer Pitti and Mahesh Pitti are mutual person
- Veejay Infraestates Private Limited
Mahaveer Pitti, Mahesh Pitti and 1 more are mutual person
Charges (Loans)
₹88.78 Cr
₹29.00 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 43.98 Cr
- Others : 30.00 Cr
- Tata Capital Financial Services Limited : 14.80 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Jan 2022 | Tata Capital Financial Services Limited | ₹12.30 Cr | Open |
| 17 Jan 2022 | Tata Capital Financial Services Limited | ₹2.50 Cr | Open |
| 28 Oct 2021 | Others | ₹15.00 Cr | Open |
| 28 Oct 2021 | Others | ₹15.00 Cr | Open |
| 31 Dec 2018 | Hdfc Bank Limited | ₹43.98 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.
