Veekesy Elastomers Private Limited

Manufacturer of PU and EVA footwear for all ages, serving multiple states in India.

1998 | Kozhikode, Kerala (India) | Active
Last Updated: October 24, 2024

Veekesy Elastomers Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 2.00 Cr
  • Company Age 26 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 16.00 Cr
  • Satisfied Charges ₹ 64.30 Cr
  • Revenue Growth 7.18%
  • Profit Growth 88.44%
  • Ebitda 105.31%
  • Net Worth -1.01%
  • Total Assets -2.02%

About Veekesy Elastomers

Veekesy Elastomers Private Limited (VEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 01 April 1998 and has a history of 26 years and ten months. Its registered office is in Kozhikode, Kerala, India.

The Company is engaged in the Consumer Goods 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 2.00 Cr and a paid-up capital of Rs 2.00 Cr.

The company currently has active open charges totaling ₹16.00 Cr. The company has closed loans amounting to ₹64.30 Cr, as per Ministry of Corporate Affairs (MCA) records.

Veluthedath Rasheed, Veluthedath Noushad, Abdul Veluthedath, and Three other members serve as directors at the Company.

Company Details

  • Location

    Kozhikode, Kerala, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    vkcgroup.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U25199KL1998PTC012185

  • Company No.

    012185

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Apr 1998

  • Date of AGM

    21 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Consumer Goods

Who are the key members and board of directors at Veekesy Elastomers?

Executive Team (1)

NameDesignationAppointment DateStatus
Veluthedath Noushad Country flag representing In Managing Director15-Apr-2010Current

Board Members (5)

NameDesignationAppointment DateStatus
Veluthedath Rasheed Country flag representing In Director 23-Feb-2002Current
Abdul Veluthedath Country flag representing In Director 15-Apr-2010Current
Mohammed Veluthedath Country flag representing In Director 15-Apr-2010Current
Mammed Vkc Country flag representing In Director 29-Sep-2007Current
Veluthedath Mohammedkutty Country flag representing In Director 25-Sep-2000Current

Financial Performance of Veekesy Elastomers.

Veekesy Elastomers Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 7.18% increase. The company also saw a substantial improvement in profitability, with a 88.44% increase in profit. The company's net worth dipped by a decrease of 1.01%.

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
7.18%
Revenue from Operations
7.01%
Total Assets
-2.02%
Profit or Loss
88.44%
Net Worth
-1.01%
EBITDA
105.31%

What is the Ownership and Shareholding Structure of Veekesy Elastomers?

In 2023, Veekesy Elastomers had a promoter holding of 54.00% and a public holding of 46.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹16.00 Cr

Satisfied Charges

₹64.30 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 16.00 Cr

Latest Charge Details

DateLenderAmountStatus
26 Feb 2019Hdfc Bank Limited₹16.00 CrOpen
29 Dec 2017Others₹7.50 CrSatisfied
19 Aug 2017Hdfc Bank Limited₹17.14 CrSatisfied
18 Dec 2015Small Industries Development Bank Of India₹1.00 CrSatisfied
27 Mar 2015Small Industries Development Bank Of India₹1.00 CrSatisfied

How Many Employees Work at Veekesy Elastomers?

Veekesy Elastomers has a workforce of 359 employees as of Apr 04, 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 Veekesy Elastomers, 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 Veekesy Elastomers'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 Veekesy Elastomers

Recent activity within the organization

  • Annual General Meeting

    Veekesy Elastomers Private Limited last Annual general meeting of members was held on 21 Sep 2024 as per latest MCA records.

    21 Sep 2024

  • Balance Sheet

    Veekesy Elastomers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam.

    31 Mar 2024

  • Charges

    A charge registered on 29 Dec 2017 via Charge ID 100143563 with Others was fully satisfied on 03 Aug 2021.

    03 Aug 2021

  • Charges

    A charge registered on 18 Dec 2015 via Charge ID 10608123 with Small Industries Development Bank Of India was fully satisfied on 05 Jan 2021.

    05 Jan 2021

  • Charges

    A charge with Hdfc Bank Limited of Rs. 16.00 Cr registered on 26 Feb 2019 with Charge ID 100244458 was modified on 01 Jan 2021.

    01 Jan 2021

  • Charges

    A charge registered on 19 Aug 2017 via Charge ID 100122503 with Hdfc Bank Limited was fully satisfied on 09 Nov 2020.

    09 Nov 2020

Recent News, Updates & Announcement

Frequently asked questions

  • Veekesy Elastomers Private Limited was incorporated on 01 Apr 1998.

  • The authorized share capital of Veekesy Elastomers Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 2.00 Cr.

  • Currently 6 directors are associated with Veekesy Elastomers Private Limited.

    • Veluthedath Abdul Rasheed
    • Veluthedath Noushad
    • Abdul Razak Veluthedath
    • Mohammed Veluthedath
    • Mammed Koya Vkc
    • Veluthedath Mohammedkutty
  • As per Ministry of Corporate Affairs (Mca), the registered address of Veekesy Elastomers Private Limited is 7/313 Nh -17 Kolathara P.O., India, Kozhikode, Kerala, 673655.

  • The corporate identification number (CIN) of Veekesy Elastomers Private Limited is U25199KL1998PTC012185 and the company number is 012185 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Veekesy Elastomers Private Limited is https://www.vkcgroup.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Veekesy Elastomers Private Limited has risen by 7.18%.

  • As Per 2023 financial reports, 359 employees are currently employed by Veekesy Elastomers Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Veekesy Elastomers Private Limited has experienced an downturn of -1.01%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Veekesy Elastomers Private Limited amount to ₹ 16.00 Cr.

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

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