Veekas Pipes Pvt Ltd

Trading company specializing in steel tubes, pipes, and structural steel with multiple locations and large storage capacity.

1994 | Ahmedabad, Gujarat (India) | Active
Last Updated: October 24, 2024

Veekas Pipes Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 1.30 M
  • Company Age 30 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 8.84 Cr
  • Revenue Growth 24.55%
  • Profit Growth 1.52%
  • Ebitda 1055.10%
  • Net Worth 2.68%
  • Total Assets 11.65%

About Veekas Pipes

Veekas Pipes Pvt Ltd (VPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 June 1994 and has a history of 30 years and seven months. Its registered office is in Ahmedabad, Gujarat, India.

The Company is engaged in the Metals And Minerals 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 1.50 M and a paid-up capital of Rs 1.30 M.

The company currently has active open charges totaling ₹8.84 Cr.

Chandrikaben Patel, Prakash Patel, and Aman Patel serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U26956GJ1994PTC022277

  • Company No.

    022277

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Jun 1994

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Metals and Minerals

Who are the key members and board of directors at Veekas Pipes?

Board Members (3)

Name Designation Appointment Date Status
Chandrikaben Patel Country flag representing In Director 01-Apr-1998 Current
Prakash Patel Country flag representing In Director 16-Jun-2004 Current
Aman Patel Country flag representing In Director 11-Jan-2017 Current

Financial Performance of Veekas Pipes.

Veekas Pipes Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 24.55% increase. The company also saw a slight improvement in profitability, with a 1.52% increase in profit. The company's net worth moved up by a moderate rise of 2.68%.

Graph illustrating revenue growth over time
Graph showing 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
24.55%
Revenue from Operations
22.97%
Total Assets
11.65%
Profit or Loss
1.52%
Net Worth
2.68%
EBITDA
1055.10%

What is the Ownership and Shareholding Structure of Veekas Pipes?

In 2023, Veekas Pipes had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹88.40 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 8.84 Cr

Latest Charge Details

Date Lender Amount Status
23 Jun 2021 Others ₹1.84 Cr Open
30 Jan 2003 Others ₹7.00 Cr Open

How Many Employees Work at Veekas Pipes?

Unlock and access historical data on people associated with Veekas Pipes, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Veekas Pipes, 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 Veekas Pipes'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 Veekas Pipes

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 70.00 M registered on 30 Jan 2003 with Charge ID 80025114 was modified on 15 Feb 2024.

    15 Feb 2024

  • Annual General Meeting

    Veekas Pipes Pvt Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Veekas Pipes Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 18.40 M with Charge ID 100462489 was registered on 23 Jun 2021.

    23 Jun 2021

  • Director Appointment

    Aman Prakashbhai Patel was appointed as a Director was appointed as a Director on 11 Jan 2017 & has been associated with this company since 8 years 20 days .

    11 Jan 2017

  • Director Appointment

    Prakash Chandulal Patel was appointed as a Director was appointed as a Director on 16 Jun 2004 & has been associated with this company since 20 years 7 months .

    16 Jun 2004

Frequently asked questions

  • Veekas Pipes Pvt Ltd was incorporated on 16 Jun 1994.

  • The authorized share capital of Veekas Pipes Pvt Ltd is ₹ 1.50 M and paid-up capital is ₹ 1.30 M.

  • Currently 3 directors are associated with Veekas Pipes Pvt Ltd.

    • Chandrikaben Prakash Patel
    • Prakash Chandulal Patel
    • Aman Prakashbhai Patel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Veekas Pipes Pvt Ltd is 6 Chanakya 2Nd Flr Nr Dineshhall Ashram Road India, Ahmedabad, Gujarat, 380009.

  • The corporate identification number (CIN) of Veekas Pipes Pvt Ltd is U26956GJ1994PTC022277 and the company number is 022277 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Veekas Pipes Pvt Ltd is https://www.veekaspipes.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Veekas Pipes Pvt Ltd has risen by 24.55%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Veekas Pipes Pvt Ltd has experienced an upsurge of 2.68%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Veekas Pipes Pvt Ltd amount to ₹ 8.84 Cr.

  • The most recent Balance Sheet for Veekas Pipes Pvt Ltd was filed with the ROC on 31 Mar 2023.

Similar Companies Based on Construction Materials Retail & Distribution