Veejay Terry Products Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 3.00 Cr
- Company Age 37 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 12.74 Cr
- Satisfied Charges ₹ 17.19 Cr
- Revenue Growth -25.53%
- Profit Growth -150.25%
- Ebitda -116.73%
- Net Worth -17.57%
- Total Assets -23.85%
About Veejay Terry Products
Veejay Terry Products Limited (VTPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 15 July 1987 and has a history of 37 years and eight months. Its registered office is in Coimbatore, Tamil Nadu, India.
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 2024. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 3.00 Cr.
The company currently has active open charges totaling ₹12.74 Cr. The company has closed loans amounting to ₹17.19 Cr, as per Ministry of Corporate Affairs (MCA) records.
Vijayakumar Janardhana, Mahitha Vijayakumar, Krishna Narayanaswamy, and Three 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
U17231TZ1987PLC002004
- Company No.
002004
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
15 Jul 1987
- Date of AGM
28 Aug 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Manufacturing
Who are the key members and board of directors at Veejay Terry Products?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vijayakumar Janardhana  | Managing Director | 23-Dec-1991 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Mahitha Vijayakumar | Director | 30-Jun-2014 | Current |
| Krishna Narayanaswamy | Director | 21-Jun-2024 | Current |
| Krishnamoorthyrao Muralimohan | Director | 21-Feb-2022 | Current |
| Gurusamy Krishnakumar | Director | 23-Jun-2023 | Current |
| Vijayakumar Venkatkumar | Whole-Time Director | 28-Jun-2017 | Current |
Financial Performance of Veejay Terry Products.
Veejay Terry Products Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 25.53% decrease. The company also saw a substantial fall in profitability, with a 150.25% decrease in profit. The company's net worth observed a substantial decline by a decrease of 17.57%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Veejay Terry Products?
In 2023, Veejay Terry Products had a promoter holding of 73.43% and a public holding of 26.57%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Chandra Textiles Private LimitedKrishna Narayanaswamy is a mutual person
Magna Electro Castings LimitedVijayakumar Janardhana and Krishna Narayanaswamy are mutual person
The Lakshmi Mills Company LimitedKrishnamoorthyrao Muralimohan is a mutual person
- Vtd Enterprise (Cbe) Private Limited
Mahitha Vijayakumar and Vijayakumar Venkatkumar are mutual person
- Magna Digitech India Llp
Krishna Narayanaswamy is a mutual person
- Foundries Development Foundation
Krishna Narayanaswamy is a mutual person
Charges (Loans)
Open Charges
₹12.74 Cr
Satisfied Charges
₹17.19 Cr
Charges Breakdown by Lending Institutions
- Indian Bank : 12.74 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Mar 2022 | Indian Bank | ₹6.35 M | Open |
| 15 Nov 2021 | Indian Bank | ₹3.41 Cr | Open |
| 20 Jul 2020 | Indian Bank | ₹4.90 M | Open |
| 18 Oct 2010 | Indian Bank | ₹8.20 Cr | Open |
| 23 Feb 2011 | Indian Bank | ₹4.00 M | Satisfied |
How Many Employees Work at Veejay Terry Products?
Veejay Terry Products has a workforce of 145 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 Terry Products, 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 Terry Products'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.
Latest Updates, News, and FAQs on Veejay Terry Products
Recent activity within the organization
- Annual General Meeting
Veejay Terry Products Limited last Annual general meeting of members was held on 28 Aug 2024 as per latest MCA records.
- Director Appointment
Krishna Samaraj Narayanaswamy was appointed as a Director was appointed as a Director on 21 Jun 2024 & has been associated with this company since 9 months 11 days .
- Balance Sheet
Veejay Terry Products Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.
- Director Appointment
Gurusamy Krishnakumar was appointed as a Director was appointed as a Director on 23 Jun 2023 & has been associated with this company since 1 year 9 months .
- Charges
A charge with Indian Bank amounted to Rs. 0.64 Cr with Charge ID 100561982 was registered on 30 Mar 2022.
- Charges
A charge with Indian Bank of Rs. 8.20 Cr registered on 18 Oct 2010 with Charge ID 10248489 was modified on 30 Mar 2022.
Frequently asked questions
What is the Incorporation or founding date of Veejay Terry Products Limited?
Veejay Terry Products Limited was incorporated on 15 Jul 1987.
What is authorized share capital and paid-up capital of Veejay Terry Products Limited?
The authorized share capital of Veejay Terry Products Limited is ₹ 5.00 Cr and paid-up capital is ₹ 3.00 Cr.
Who are the current board members & directors of Veejay Terry Products Limited?
Currently 6 directors are associated with Veejay Terry Products Limited.
- Vijayakumar Naidu Janardhana
- Mahitha Vijayakumar
- Krishna Samaraj Narayanaswamy
- Krishnamoorthyrao Muralimohan
- Gurusamy Krishnakumar
- Vijayakumar Venkatkumar
What is the registered address of Veejay Terry Products Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Veejay Terry Products Limited is 8A T Colony India, Coimbatore, Tamil Nadu, 641018.
What is the corporate identification number (CIN) and company number of Veejay Terry Products Limited?
The corporate identification number (CIN) of Veejay Terry Products Limited is U17231TZ1987PLC002004 and the company number is 002004 as per Ministry of Corporate Affairs (MCA).
What is the official website of Veejay Terry Products Limited?
The Official website of Veejay Terry Products Limited is https://www.veejayterry.com
What has been the recent revenue trend for Veejay Terry Products Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Veejay Terry Products Limited has fallen by -25.53%.
How many employees does Veejay Terry Products Limited currently have?
As Per 2023 financial reports, 145 employees are currently employed by Veejay Terry Products Limited.
What change has been observed in the net worth of Veejay Terry Products Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Veejay Terry Products Limited has experienced an downturn of -17.57%.
What are the total open charges for Veejay Terry Products Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Veejay Terry Products Limited amount to ₹ 12.74 Cr.
When was the last Balance Sheet of Veejay Terry Products Limited filed with the ROC?
The most recent Balance Sheet for Veejay Terry Products Limited was filed with the ROC on 31 Mar 2024.
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