Veekayem Fashion And Apparels Limited

Founded in 1985 and headquartered in Maharashtra, India.

1985 | Mumbai, Maharashtra (India) | Active
Last Updated:

Veekayem Fashion And Apparels Profile

Key Indicators

  • Authorised Capital ₹ 11.00 Cr
  • Paid Up Capital ₹ 5.88 Cr
  • Company Age 39 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 115.61 Cr
  • Satisfied Charges ₹ 93.25 Cr
  • Revenue Growth 57.57%
  • Profit Growth -4.00%
  • Ebitda 33.46%
  • Net Worth 20.16%
  • Total Assets 8.31%

About Veekayem Fashion And Apparels

Veekayem Fashion And Apparels Limited (VFAAL) is a leading Public Limited Indian Non-Government Company incorporated in India on 17 September 1985 and has a history of 39 years and five months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Veekayem Textile Mills 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 2024. It's a company limited by shares with an authorized capital of Rs 11.00 Cr and a paid-up capital of Rs 5.88 Cr.

The company currently has active open charges totaling ₹115.61 Cr. The company has closed loans amounting to ₹93.25 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Veekayem Fashion And Apparels Limited India are Hemant Gupta as CFO and Gopika Singh as Company Secretary. Krishankant Gupta, Vijaykumar Gupta, Madhukar Sharma, and Two other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    vkmgroups.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17120MH1985PLC037516

  • Company No.

    037516

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    17 Sep 1985

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

Who are the key members and board of directors at Veekayem Fashion And Apparels?

Executive Team (3)

NameDesignationAppointment DateStatus
Krishankant Gupta Country flag representing In Managing Director03-Apr-2004Current
Hemant Gupta CFO09-Feb-2022Current
Gopika Singh Country flag representing In Company Secretary01-Dec-2021Current

Board Members (4)

NameDesignationAppointment DateStatus
Vijaykumar Gupta Country flag representing In Whole-Time Director 03-Apr-2004Current
Madhukar Sharma Country flag representing In Director 09-Feb-2022Current
Santwana Vernekar Country flag representing In Director 09-Feb-2022Current
Madanlal Gupta Country flag representing In Director 03-Apr-2004Current

Financial Performance of Veekayem Fashion And Apparels.

Veekayem Fashion And Apparels Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 57.57% increase. The company also saw a slight decrease in profitability, with a 4% decrease in profit. The company's net worth Soared by an impressive increase of 20.16%.

Veekayem Fashion And Apparels revenue growth over time
Veekayem Fashion And Apparels 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
57.57%
Revenue from Operations
57.78%
Total Assets
8.31%
Profit or Loss
-4.00%
Net Worth
20.16%
EBITDA
33.46%

What is the Ownership and Shareholding Structure of Veekayem Fashion And Apparels?

In 2023, Veekayem Fashion And Apparels had a promoter holding of 73.04% and a public holding of 26.96%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹115.61 Cr

Satisfied Charges

₹93.25 Cr

Charges Breakdown by Lending Institutions

  • Others : 115.61 Cr

Latest Charge Details

DateLenderAmountStatus
22 Mar 2024Others₹3.50 CrOpen
19 Dec 2023Others₹22.00 CrOpen
19 Dec 2023Others₹5.46 CrOpen
28 Aug 2023Others₹2.00 CrOpen
28 Apr 2023Others₹2.00 CrOpen

How Many Employees Work at Veekayem Fashion And Apparels?

Veekayem Fashion And Apparels has a workforce of 306 employees as of Mar 22, 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.

Employee growth trends for Veekayem Fashion And Apparels Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Veekayem Fashion And Apparels, 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 Veekayem Fashion And Apparels'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 Veekayem Fashion And Apparels

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 22.00 Cr registered on 19 Dec 2023 with Charge ID 100845209 was modified on 29 Nov 2024.

  • Annual General Meeting

    Veekayem Fashion And Apparels Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Veekayem Fashion And Apparels Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge with Others amounted to Rs. 3.50 Cr with Charge ID 100894574 was registered on 22 Mar 2024.

  • Charges

    A charge registered on 29 Apr 2023 via Charge ID 100757425 with Hdfc Bank Limited was fully satisfied on 02 Feb 2024.

  • Charges

    A charge registered on 26 Dec 2022 via Charge ID 100727207 with Hdfc Bank Limited was fully satisfied on 02 Feb 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Veekayem Fashion And Apparels Limited?

    Veekayem Fashion And Apparels Limited was incorporated on 17 Sep 1985.

  • What is authorized share capital and paid-up capital of Veekayem Fashion And Apparels Limited?

    The authorized share capital of Veekayem Fashion And Apparels Limited is ₹ 11.00 Cr and paid-up capital is ₹ 5.88 Cr.

  • Who are the current board members & directors of Veekayem Fashion And Apparels Limited?

    Currently 7 directors are associated with Veekayem Fashion And Apparels Limited.

    • Krishankant Tarachand Gupta
    • Vijaykumar Gupta
    • Hemant Kumar Shivlal Gupta
    • Gopika Singh
    • Madhukar Jagdev Prasad Sharma
    • Santwana Amarshu Vernekar
    • Madanlal Gupta

  • What is the registered address of Veekayem Fashion And Apparels Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Veekayem Fashion And Apparels Limited is 113 Udyog Bhavan Sharma Ind. Estate Walghat Road Goregaon East, India, Mumbai, Maharashtra, 400063.

  • What is the corporate identification number (CIN) and company number of Veekayem Fashion And Apparels Limited?

    The corporate identification number (CIN) of Veekayem Fashion And Apparels Limited is U17120MH1985PLC037516 and the company number is 037516 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Veekayem Fashion And Apparels Limited?

    The Official website of Veekayem Fashion And Apparels Limited is https://www.vkmgroups.com

  • What has been the recent revenue trend for Veekayem Fashion And Apparels Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Veekayem Fashion And Apparels Limited has risen by 57.57%.

  • How many employees does Veekayem Fashion And Apparels Limited currently have?

    As Per 2023 financial reports, 306 employees are currently employed by Veekayem Fashion And Apparels Limited.

  • What change has been observed in the net worth of Veekayem Fashion And Apparels Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Veekayem Fashion And Apparels Limited has experienced an upsurge of 20.16%.

  • What are the total open charges for Veekayem Fashion And Apparels Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Veekayem Fashion And Apparels Limited amount to ₹ 115.61 Cr.

  • When was the last Balance Sheet of Veekayem Fashion And Apparels Limited filed with the ROC?

    The most recent Balance Sheet for Veekayem Fashion And Apparels Limited was filed with the ROC on 31 Mar 2024.

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