Veekesy Polymers Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 8.49 M
- Company Age 29 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 57.52 Cr
- Satisfied Charges ₹ 58.98 Cr
- Revenue Growth 24.05%
- Profit Growth 237.46%
- Ebitda 44.58%
- Net Worth 3.48%
- Total Assets 14.50%
About Veekesy Polymers
Veekesy Polymers Private Limited (VPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 01 January 1996 and has a history of 29 years and one month. Its registered office is in Malappuram, 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 2023. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 8.49 M.
The company currently has active open charges totaling ₹57.52 Cr. The company has closed loans amounting to ₹58.98 Cr, as per Ministry of Corporate Affairs (MCA) records.
Veluthedath Mohammedkutty, Mammed Vkc, Mohammed Veluthedath, and Two other members serve as directors at the Company.
Company Details
- Location
Malappuram, Kerala, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U24134KL1996PTC009856
- Company No.
009856
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
01 Jan 1996
- Date of AGM
27 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ernakulam
Industry
Who are the key members and board of directors at Veekesy Polymers?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rafeeque Veluthedath  | Managing Director | 02-May-2002 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Veluthedath Mohammedkutty | Director | 29-Jun-2009 | Current |
| Mammed Vkc | Director | 29-Jun-2009 | Current |
| Mohammed Veluthedath | Director | 29-Jun-2009 | Current |
| Abdul Veluthedath | Director | 29-Jun-2009 | Current |
Financial Performance of Veekesy Polymers.
Veekesy Polymers Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 24.05% increase. The company also saw a substantial improvement in profitability, with a 237.46% increase in profit. The company's net worth moved up by a moderate rise of 3.48%.
- Key Matrics
- Balance Sheet
- Profit and Loss
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What is the Ownership and Shareholding Structure of Veekesy Polymers?
In 2023, Veekesy Polymers had a promoter holding of 54.57% and a public holding of 45.44%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
The Malabar Chamber Of CommerceAbdul Veluthedath is a mutual person
Ferrero Vinyl Technologies Private LimitedMohammed Veluthedath is a mutual person
Confederation Of Indian Footwear IndustriesAbdul Veluthedath is a mutual person
Vkc Plastomers India Private LimitedVeluthedath Mohammedkutty, Mammed Vkc and 3 more are mutual person
- Smartak Footcare Private Limited
Veluthedath Mohammedkutty, Mammed Vkc and 3 more are mutual person
Charges (Loans)
₹57.52 Cr
₹58.98 Cr
Charges Breakdown by Lending Institutions
- Others : 57.22 Cr
- Hdfc Bank Limited : 0.30 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Sep 2024 | Others | ₹5.00 Cr | Open |
| 04 Aug 2023 | Others | ₹0.95 M | Open |
| 01 Feb 2023 | Others | ₹1.90 Cr | Open |
| 20 Dec 2022 | Others | ₹2.00 Cr | Open |
| 29 Sep 2022 | Others | ₹10.00 Cr | Open |
How Many Employees Work at Veekesy Polymers?
Veekesy Polymers has a workforce of 194 employees as of Apr 09, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Veekesy Polymers, 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 Polymers's trajectory.
Rating
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
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.
