Veekay Polycoats Limited

Manufacturer and exporter of PVC products for various industries, established in 1992.

1992 | New Delhi (India) | Active
Last Updated: December 29, 2024

Veekay Polycoats Profile

Key Indicators

  • Authorised Capital ₹ 40.00 Cr
  • Paid Up Capital ₹ 37.59 Cr
  • Company Age 32 Year, 3 Months
  • Last Filing with ROC 31 Mar 2018
  • Open Charges ₹ 251.92 Cr
  • Satisfied Charges ₹ 185.62 Cr
  • Revenue Growth -69.89%
  • Profit Growth 82.85%
  • Ebitda 90.83%
  • Net Worth -84.71%
  • Total Assets -17.32%

About Veekay Polycoats

Veekay Polycoats Limited (VPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 18 November 1992 and has a history of 32 years and three months. Its registered office is in New Delhi, India.

The Corporate was formerly known as Veekay Polycoats Pvt 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 2018. It's a company limited by shares with an authorized capital of Rs 40.00 Cr and a paid-up capital of Rs 37.59 Cr.

The company currently has active open charges totaling ₹251.92 Cr. The company has closed loans amounting to ₹185.62 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sanjay Aggarwal, Sunita, Tanishq Aggarwal, and Five other members serve as directors at the Company.

Company Details

  • Location

    New Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    veekaypolycoat.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74899DL1992PLC051038

  • Company No.

    051038

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    18 Nov 1992

  • Date of AGM

    29 Sep 2018

  • Date of Balance Sheet

    31 Mar 2018

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Manufacturing

What products or services does Veekay Polycoats Limited offer?

Veekay Polycoats Limited offers a wide range of products and services, including Floor Protector, Floor Coverings, PVC Floorings, PVC Floor Covering, Faux Leather, PVC Leather, Raw and Processed Leather.

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

Board Members (8)

NameDesignationAppointment DateStatus
Sanjay Aggarwal Country flag representing In Additional Director 15-Mar-2023Current
Sunita Country flag representing In Additional Director 15-Mar-2023Current
Tanishq Aggarwal Country flag representing In Additional Director 15-Mar-2023Current
Pratuish Agrawal Country flag representing In Additional Director 19-Mar-2024Current
Tanjul Mittal Country flag representing In Additional Director 15-Sep-2023Current
Suresh Kumar Country flag representing In Additional Director 19-Mar-2024Current

Financial Performance of Veekay Polycoats.

Veekay Polycoats Limited, for the financial year ended 2018, experienced significant reduction in revenue, with a 69.89% decrease. The company also saw a substantial improvement in profitability, with a 82.85% increase in profit. The company's net worth observed a substantial decline by a decrease of 84.71%.

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
-69.89%
Revenue from Operations
-70.14%
Total Assets
-17.32%
Profit or Loss
82.85%
Net Worth
-84.71%
EBITDA
90.83%

What is the Ownership and Shareholding Structure of Veekay Polycoats?

In 2018, Veekay Polycoats had a promoter holding of 17.70% and a public holding of 82.30%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹251.92 Cr

Satisfied Charges

₹185.62 Cr

Charges Breakdown by Lending Institutions

  • Others : 141.92 Cr
  • State Bank Of India : 110.00 Cr

Latest Charge Details

DateLenderAmountStatus
27 Oct 2023State Bank Of India₹110.00 CrOpen
16 Mar 2012Others₹141.92 CrOpen
07 Jan 2011Others₹17.50 CrSatisfied
07 Jan 2011State Bank Of Travancore₹17.50 CrSatisfied
20 Nov 2010State Bank Of Travancore₹37.50 CrSatisfied

How Many Employees Work at Veekay Polycoats?

Veekay Polycoats has a workforce of 116 employees as of Mar 27, 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 Polycoats, 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 Polycoats'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 Polycoats

Recent activity within the organization

  • Director Appointment

    Vinod Kumar Govil was appointed as a Additional Director was appointed as a Additional Director on 05 Apr 2024 & has been associated with this company since 10 months 19 days .

    05 Apr 2024

  • Charges

    A charge registered on 07 Jan 2011 via Charge ID 10260559 with Others was fully satisfied on 29 Mar 2024.

    29 Mar 2024

  • Charges

    A charge registered on 15 Nov 2010 via Charge ID 10249287 with Others was fully satisfied on 29 Mar 2024.

    29 Mar 2024

  • Charges

    A charge registered on 12 Nov 2010 via Charge ID 10252518 with Others was fully satisfied on 29 Mar 2024.

    29 Mar 2024

  • Charges

    A charge registered on 14 Dec 2006 via Charge ID 10030363 with Others was fully satisfied on 29 Mar 2024.

    29 Mar 2024

  • Director Appointment

    Pratuish Mohanlal Agrawal was appointed as a Additional Director was appointed as a Additional Director on 19 Mar 2024 & has been associated with this company since 11 months 6 days .

    19 Mar 2024

Frequently asked questions

  • Veekay Polycoats Limited was incorporated on 18 Nov 1992.

  • The authorized share capital of Veekay Polycoats Limited is ₹ 40.00 Cr and paid-up capital is ₹ 37.59 Cr.

  • Currently 8 directors are associated with Veekay Polycoats Limited.

    • Sanjay Aggarwal
    • Sunita
    • Tanishq Aggarwal
    • Pratuish Mohanlal Agrawal
    • Tanjul Mittal
    • Suresh Kumar
    • Sanjay Verma
    • Vinod Kumar Govil
  • As per Ministry of Corporate Affairs (Mca), the registered address of Veekay Polycoats Limited is 906 Indraprakash Bldg, 21 Barakhamba Road India, New Delhi, 110001.

  • The corporate identification number (CIN) of Veekay Polycoats Limited is U74899DL1992PLC051038 and the company number is 051038 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Veekay Polycoats Limited is https://www.veekaypolycoat.com

  • According to the financial reports for the fiscal year 2018, the revenue trend for Veekay Polycoats Limited has fallen by -69.89%.

  • As Per 2018 financial reports, 116 employees are currently employed by Veekay Polycoats Limited.

  • The financial reports for the fiscal year 2018 indicates that The net worth of Veekay Polycoats Limited has experienced an downturn of -84.71%.

  • As per the financial statements for fiscal Year 2018, The total open charges for Veekay Polycoats Limited amount to ₹ 251.92 Cr.

  • The most recent Balance Sheet for Veekay Polycoats Limited was filed with the ROC on 31 Mar 2018.

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