Veeline Industries Profile
Key Indicators
- Authorised Capital ₹ 60.00 Cr
- Paid Up Capital ₹ 40.32 Cr
- Company Age 35 Year, 6 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 six 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
- Location Kolkata, West Bengal
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U22300WB1989PLC047678
- Company No.
047678
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
04 Oct 1989
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Kolkata
Industry
Machinery and Equipment
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.
Veeline Industries Limited
Explore comprehensive data for Veeline Industries Limited, including financials, compliance details, shareholding patterns, and litigation history.
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 | Whole-Time Director | 06-Apr-1998 | Current |
| Ranjan Musaddi | Director | 09-Mar-2023 | Current |
| Niraj Jindal | 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
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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)
Macro Resources Pvt LtdRanjan Musaddi is a mutual person
Kritika Wires LimitedNiraj Jindal is a mutual person
- Veeline Estates Pvt Ltd
Anuradha Gupta, Anil Kumar and 1 more are mutual person
Alaknanda Sponge Iron LimitedNiraj Jindal is a mutual person
Veeline Mag Media LimitedAnuradha Gupta, Anil Kumar and 1 more are mutual person
- Banarhat Properties & Finance Pvt Ltd
Anuradha Gupta and Anil Kumar are mutual person
Charges (Loans)
Open Charges
₹114.81 Cr
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Veeline Industries
Recent activity within the organization
- Director Appointment
Ram Gopal Agarwal was appointed as a Company Secretary was appointed as a Company Secretary on 17 Jan 2024 & has been associated with this company since 1 year 2 months .
- Annual General Meeting
Veeline Industries Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 20.00 Cr registered on 06 Jan 2022 with Charge ID 100525764 was modified on 06 Jun 2023.
- Charges
A charge with Hdfc Bank Limited of Rs. 10.00 Cr registered on 24 May 2019 with Charge ID 100265013 was modified on 06 Jun 2023.
- Charges
A charge with Hdfc Bank Limited of Rs. 20.00 Cr registered on 24 May 2019 with Charge ID 100266363 was modified on 06 Jun 2023.
- Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 44.81 Cr registered on 23 Oct 2015 with Charge ID 10601759 was modified on 06 Jun 2023.
Frequently asked questions
What is the Incorporation or founding date of Veeline Industries Limited?
Veeline Industries Limited was incorporated on 04 Oct 1989.
What is authorized share capital and paid-up capital of Veeline Industries Limited?
The authorized share capital of Veeline Industries Limited is ₹ 60.00 Cr and paid-up capital is ₹ 40.32 Cr.
Who are the current board members & directors of Veeline Industries Limited?
Currently 6 directors are associated with Veeline Industries Limited.
- Anuradha Gupta
- Ranjan Kumar Musaddi
- Anil Gupta Kumar
- Akshita Gupta
- Niraj Jindal
- Ram Gopal Agarwal
What is the registered address of Veeline Industries Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Veeline Industries Limited is 3 Mangoe Lane India, Kolkata, West Bengal.
What is the corporate identification number (CIN) and company number of Veeline Industries Limited?
The corporate identification number (CIN) of Veeline Industries Limited is U22300WB1989PLC047678 and the company number is 047678 as per Ministry of Corporate Affairs (MCA).
What is the official website of Veeline Industries Limited?
The Official website of Veeline Industries Limited is https://www.veeline.com
What has been the recent revenue trend for Veeline Industries Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Veeline Industries Limited has risen by 25.92%.
How many employees does Veeline Industries Limited currently have?
As Per 2023 financial reports, 84 employees are currently employed by Veeline Industries Limited.
What change has been observed in the net worth of Veeline Industries Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Veeline Industries Limited has experienced an upsurge of 12.11%.
What are the total open charges for Veeline Industries Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Veeline Industries Limited amount to ₹ 114.81 Cr.
When was the last Balance Sheet of Veeline Industries Limited filed with the ROC?
The most recent Balance Sheet for Veeline Industries Limited was filed with the ROC on 31 Mar 2023.
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