Veena Paints Private Limited

Produces and sells paints under the brand 'Veena' from its manufacturing unit in Tamil Nadu.

1993 | Madurai, Tamil Nadu (India) | Active
Last Updated:

Veena Paints Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.44 M
  • Company Age 32 Year, 2 Days
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 2.98 M
  • Revenue Growth 11.97%
  • Profit Growth 14.79%
  • Ebitda -1.53%
  • Net Worth 11.34%
  • Total Assets 9.05%

About Veena Paints

Veena Paints Private Limited (VPPL) is a Private Limited Indian Non-Government Company incorporated in India on 12 April 1993 and has a history of 32 years. Its registered office is in Madurai, Tamil Nadu, India.

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 1.00 M and a paid-up capital of Rs 0.44 M.

The company has closed loans amounting to ₹2.98 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Thangavel Sundaram, Jeyasubramanian Selvamani, Kalyanasundaram Bhuvana, and One other member serve as directors at the Company.

Company Details

  • Location

    Madurai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24222TN1993PTC024805

  • Company No.

    024805

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Apr 1993

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Manufacturing
Company report

Veena Paints Private Limited

Explore comprehensive data for Veena Paints Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Veena Paints?

Executive Team (1)

NameDesignationAppointment DateStatus
Thangavel Sundaram Country flag representing In Managing Director12-Apr-1993Current

Board Members (3)

NameDesignationAppointment DateStatus
Jeyasubramanian Selvamani Country flag representing In Director Appointed In Casual Vacancy 01-Apr-2017Current
Kalyanasundaram Bhuvana Country flag representing In Director 01-Jul-2014Current
Kalyana Tamilarasi Country flag representing In Director 01-Jul-2014Current

Financial Performance of Veena Paints.

Veena Paints Private Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 11.97% increase. The company also saw a substantial improvement in profitability, with a 14.79% increase in profit. The company's net worth Soared by an impressive increase of 11.34%.

Veena Paints revenue growth over time
Veena Paints 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
11.97%
Revenue from Operations
11.97%
Total Assets
9.05%
Profit or Loss
14.79%
Net Worth
11.34%
EBITDA
-1.53%

What is the Ownership and Shareholding Structure of Veena Paints?

In 2020, Veena Paints had a promoter holding of 68.18% and a public holding of 31.82%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹2.98 M

Charges Breakdown by Lending Institutions

  • Canara Bank : 0.24 Cr
  • Tamil Nad Mercentile Bank Limited : 0.06 Cr

Latest Charge Details

DateLenderAmountStatus
07 May 2002Canara Bank₹0.32 MSatisfied
23 Jun 1998Canara Bank₹0.11 MSatisfied
16 Feb 1998Canara Bank₹1.00 MSatisfied
24 Dec 1997Canara Bank₹0.95 MSatisfied
24 Dec 1993Tamil Nad Mercentile Bank Limited₹0.60 MSatisfied

How Many Employees Work at Veena Paints?

Unlock and access historical data on people associated with Veena Paints, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Veena Paints Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Veena Paints, 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 Veena Paints'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 Veena Paints

Recent activity within the organization

  • Annual General Meeting

    Veena Paints Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Veena Paints Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

  • Charges

    A charge registered on 24 Dec 1993 via Charge ID 90281792 with Tamil Nad Mercentile Bank Limited was fully satisfied on 06 Apr 2022.

  • Charges

    A charge registered on 07 May 2002 via Charge ID 90282379 with Canara Bank was fully satisfied on 10 Mar 2022.

  • Charges

    A charge registered on 23 Jun 1998 via Charge ID 90282147 with Canara Bank was fully satisfied on 10 Mar 2022.

  • Charges

    A charge registered on 16 Feb 1998 via Charge ID 90281498 with Canara Bank was fully satisfied on 10 Mar 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Veena Paints Private Limited?

    Veena Paints Private Limited was incorporated on 12 Apr 1993.

  • What is authorized share capital and paid-up capital of Veena Paints Private Limited?

    The authorized share capital of Veena Paints Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.44 M.

  • Who are the current board members & directors of Veena Paints Private Limited?

    Currently 4 directors are associated with Veena Paints Private Limited.

    • Thangavel Nadar Kalyana Sundaram
    • Jeyasubramanian Selvamani
    • Kalyanasundaram Bhuvana
    • Kalyana Sundaram Tamilarasi

  • What is the registered address of Veena Paints Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Veena Paints Private Limited is No.50 Solai Alagupuram, India, Madurai-625011, Tamil Nadu.

  • What is the corporate identification number (CIN) and company number of Veena Paints Private Limited?

    The corporate identification number (CIN) of Veena Paints Private Limited is U24222TN1993PTC024805 and the company number is 024805 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Veena Paints Private Limited?

    The Official website of Veena Paints Private Limited is https://www.veenapaints.in

  • What has been the recent revenue trend for Veena Paints Private Limited?

    According to the financial reports for the fiscal year 2020, the revenue trend for Veena Paints Private Limited has risen by 11.97%.

  • What change has been observed in the net worth of Veena Paints Private Limited, and by what percentage?

    The financial reports for the fiscal year 2020 indicates that The net worth of Veena Paints Private Limited has experienced an upsurge of 11.34%.

  • When was the last Balance Sheet of Veena Paints Private Limited filed with the ROC?

    The most recent Balance Sheet for Veena Paints Private Limited was filed with the ROC on 31 Mar 2024.

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