Veeline Industries Profile
Key Indicators
- Authorised Capital ₹ 60.00 Cr
- Paid Up Capital ₹ 40.32 Cr
- Company Age 35 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 114.81 Cr
- Satisfied Charges ₹ 81.67 Cr
- Revenue Growth 25.92%
- Profit Growth 41.25%
- Ebitda 29.44%
- Net Worth 12.11%
- Total Assets 29.07%
About Veeline Industries
Veeline Industries Limited (VIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 04 October 1989 and has a history of 35 years and three months. Its registered office is in Kolkata, West Bengal.
The Corporate was formerly known as Veeline Exports Private Limited. The Company is engaged in the Machinery And Equipment 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 60.00 Cr and a paid-up capital of Rs 40.32 Cr.
The company currently has active open charges totaling ₹114.81 Cr. The company has closed loans amounting to ₹81.67 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Veeline Industries Limited India is Ram Agarwal as COMPANY SECRETARY. Anuradha Gupta, Ranjan Musaddi, Anil Kumar, and Two other members serve as directors at the Company.
Company Details
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LocationKolkata, West Bengal
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U22300WB1989PLC047678
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Company No.
047678
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
04 Oct 1989
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Kolkata
Industry
What products or services does Veeline Industries Limited offer?
Veeline Industries Limited offers a wide range of products and services, including Dispensers, Water Dispensers, Vending Machines & Dispensers, Voltas Water Dispensers, Usha Water Dispensers, Hot Water Dispenser.
Who are the key members and board of directors at Veeline Industries?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Anil Kumar
|
Managing Director | 04-Oct-1989 | Current |
| Ram Agarwal | Company Secretary | 17-Jan-2024 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Akshita Gupta
|
Director | 13-Jul-2009 | Current |
|
Anuradha Gupta
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Whole-Time Director | 06-Apr-1998 | Current |
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Ranjan Musaddi
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Director | 09-Mar-2023 | Current |
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Niraj Jindal
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Director | 09-Mar-2023 | Current |
Financial Performance of Veeline Industries.
Veeline Industries Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 25.92% increase. The company also saw a substantial improvement in profitability, with a 41.25% increase in profit. The company's net worth Soared by an impressive increase of 12.11%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Veeline Industries?
In 2023, Veeline Industries had a promoter holding of 92.36% and a public holding of 7.64%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Macro Resources Pvt LtdRanjan Musaddi is a mutual person
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Kritika Wires LimitedNiraj Jindal is a mutual person
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Veeline Estates Pvt LtdAnuradha Gupta, Anil Kumar and 1 more are mutual person
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Alaknanda Sponge Iron LimitedNiraj Jindal is a mutual person
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Veeline Mag Media LimitedAnuradha Gupta, Anil Kumar and 1 more are mutual person
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Banarhat Properties & Finance Pvt Ltd
Anuradha Gupta and Anil Kumar are mutual person
Charges (Loans)
₹114.81 Cr
₹81.67 Cr
Charges Breakdown by Lending Institutions
- The Hongkong And Shanghai Banking Corporation Limited : 64.81 Cr
- Hdfc Bank Limited : 50.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Feb 2023 | Hdfc Bank Limited | ₹20.00 Cr | Open |
| 06 Jan 2022 | The Hongkong And Shanghai Banking Corporation Limited | ₹20.00 Cr | Open |
| 24 May 2019 | Hdfc Bank Limited | ₹10.00 Cr | Open |
| 24 May 2019 | Hdfc Bank Limited | ₹20.00 Cr | Open |
| 23 Oct 2015 | The Hongkong And Shanghai Banking Corporation Limited | ₹44.81 Cr | Open |
How Many Employees Work at Veeline Industries?
Veeline Industries has a workforce of 84 employees as of Apr 06, 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 Veeline Industries, 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 Veeline Industries'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.
