Veekay Coatings Private Limited

Company specializes in trading paints, thinner, and chemicals as an authorized distributor for top brands.

2007 | Singhbhum, Jharkhand (India) | Active
Last Updated: December 27, 2024

Veekay Coatings Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 1.03 M
  • Company Age 18 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.23 Cr
  • Satisfied Charges ₹ 8.65 M
  • Revenue Growth -47.26%
  • Profit Growth -903.39%
  • Ebitda -84.89%
  • Net Worth -24.16%
  • Total Assets -7.46%

About Veekay Coatings

Veekay Coatings Private Limited (VCPL) is a Private Limited Indian Non-Government Company incorporated in India on 08 January 2007 and has a history of 18 years and one month. Its registered office is in Singhbhum, Jharkhand, India.

The Corporate was formerly known as Vikash Technoin (India) Private Limited. The Company is engaged in the Chemicals And Materials 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 2.50 M and a paid-up capital of Rs 1.03 M.

The company currently has active open charges totaling ₹1.23 Cr. The company has closed loans amounting to ₹8.65 M, as per Ministry of Corporate Affairs (MCA) records.

Kanchan Garg, Payal Garg, Babulal Garg, and One other member serve as directors at the Company.

Company Details

  • Location

    Singhbhum, Jharkhand, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U30003JH2007PTC012675

  • Company No.

    012675

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Jan 2007

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jharkhand

Industry

Chemicals and Materials
Machinery and Equipment

Who are the key members and board of directors at Veekay Coatings?

Board Members (4)

NameDesignationAppointment DateStatus
Kanchan Garg Country flag representing In Director 16-Sep-2011Current
Payal Garg Country flag representing In Director 01-Apr-2011Current
Babulal Garg Country flag representing In Director 16-Sep-2011Current
Vivek Garg Country flag representing In Director 16-Sep-2011Current

Financial Performance of Veekay Coatings.

Veekay Coatings Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 47.26% decrease. The company also saw a substantial fall in profitability, with a 903.39% decrease in profit. The company's net worth observed a substantial decline by a decrease of 24.16%.

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
-47.26%
Revenue from Operations
-44.11%
Total Assets
-7.46%
Profit or Loss
-903.39%
Net Worth
-24.16%
EBITDA
-84.89%

What is the Ownership and Shareholding Structure of Veekay Coatings?

In 2021, Veekay Coatings had a promoter holding of 47.88% and a public holding of 52.12%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹12.29 M

Satisfied Charges

₹8.65 M

Charges Breakdown by Lending Institutions

  • Others : 1.23 Cr

Latest Charge Details

DateLenderAmountStatus
03 Jun 2020Others₹2.29 MOpen
15 May 2012Others₹1.00 CrOpen
21 Dec 2019Others₹2.00 MSatisfied
05 Dec 2015Oriental Bank Of Commerce₹0.64 MSatisfied
25 Oct 2007State Bank Of India₹6.01 MSatisfied

How Many Employees Work at Veekay Coatings?

Veekay Coatings has a workforce of 4 employees as of Mar 31, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Veekay Coatings, 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 Veekay Coatings'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 Veekay Coatings

Recent activity within the organization

  • Annual General Meeting

    Veekay Coatings Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Veekay Coatings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Jharkhand.

    31 Mar 2024

  • Charges

    A charge registered on 05 Dec 2015 via Charge ID 10617853 with Oriental Bank Of Commerce was fully satisfied on 28 Dec 2021.

    28 Dec 2021

  • Charges

    A charge registered on 21 Dec 2019 via Charge ID 100311104 with Others was fully satisfied on 21 Oct 2021.

    21 Oct 2021

  • Charges

    A charge with Others amounted to Rs. 2.29 M with Charge ID 100342344 was registered on 03 Jun 2020.

    03 Jun 2020

  • Charges

    A charge with Others amounted to Rs. 2.00 M with Charge ID 100311104 was registered on 21 Dec 2019.

    21 Dec 2019

Frequently asked questions

  • Veekay Coatings Private Limited was incorporated on 08 Jan 2007.

  • The authorized share capital of Veekay Coatings Private Limited is ₹ 2.50 M and paid-up capital is ₹ 1.03 M.

  • Currently 4 directors are associated with Veekay Coatings Private Limited.

    • Kanchan Lata Garg
    • Payal Garg
    • Babulal Garg
    • Vivek Kumar Garg
  • As per Ministry of Corporate Affairs (Mca), the registered address of Veekay Coatings Private Limited is 212/212A Ashiana Trade Centre Adityapur, India, Jamshedpur, Jharkhand, 831001.

  • The corporate identification number (CIN) of Veekay Coatings Private Limited is U30003JH2007PTC012675 and the company number is 012675 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Veekay Coatings Private Limited has fallen by -47.26%.

  • As Per 2022 financial reports, 4 employees are currently employed by Veekay Coatings Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Veekay Coatings Private Limited has experienced an downturn of -24.16%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Veekay Coatings Private Limited amount to ₹ 1.23 Cr.

  • The most recent Balance Sheet for Veekay Coatings Private Limited was filed with the ROC on 31 Mar 2024.

People also Viewed

Similar Companies Based on Industrial Products Retail & Distribution