Veer Motor Finance Private Limited

Provides vehicle renting and leasing services as a NBFC since 1969.

1969 | Meerut, Uttar Pradesh (India) | Active
Last Updated: January 09, 2025

Veer Motor Finance Profile

Key Indicators

  • Authorised Capital ₹ 3.00 M
  • Paid Up Capital ₹ 2.23 M
  • Company Age 55 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth -56.50%
  • Profit Growth 11.68%
  • Ebitda -108.42%
  • Net Worth -4.72%
  • Total Assets -38.03%

About Veer Motor Finance

Veer Motor Finance Private Limited (VMFPL) was founded in India on 15 October 1969 and has a glorious history of 55 years and four months.Its registered office is in Meerut, Uttar Pradesh, India.

The Company is engaged in the Financial Services 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 3.00 M and a paid-up capital of Rs 2.23 M, as per Ministry of Corporate Affairs (MCA) records.

Roshani Singhal, Ashok Kumar, Amarjeet Singh, and Two other members serve as directors at the Company.

Company Details

  • Location

    Meerut, Uttar Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65999UP1969PTC003291

  • Company No.

    003291

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Oct 1969

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kanpur

Industry

Financial Services

Who are the key members and board of directors at Veer Motor Finance?

Executive Team (1)

NameDesignationAppointment DateStatus
Ashok Kumar Country flag representing In Managing Director13-Jul-2021Current

Financial Performance of Veer Motor Finance.

Veer Motor Finance Private Limited, for the financial year ended 2017, experienced significant reduction in revenue, with a 56.5% decrease. The company also saw a substantial improvement in profitability, with a 11.68% increase in profit. The company's net worth dipped by a decrease of 4.72%.

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
-56.50%
Revenue from Operations
-71.55%
Total Assets
-38.03%
Profit or Loss
11.68%
Net Worth
-4.72%
EBITDA
-108.42%

What is the Ownership and Shareholding Structure of Veer Motor Finance?

In 2017, Veer Motor Finance had a promoter holding of 64.00% and a public holding of 36.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Veer Motor Finance?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Veer Motor Finance, 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 Veer Motor Finance's trajectory.

Rating

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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 Veer Motor Finance

Recent activity within the organization

  • Annual General Meeting

    Veer Motor Finance Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Veer Motor Finance Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kanpur.

    31 Mar 2023

  • Director Appointment

    Roshani Singhal was appointed as a Director was appointed as a Director on 13 Jul 2021 & has been associated with this company since 3 years 7 months .

    13 Jul 2021

  • Director Appointment

    Ashok Kumar was appointed as a Managing Director was appointed as a Managing Director on 13 Jul 2021 & has been associated with this company since 3 years 7 months .

    13 Jul 2021

  • Director Appointment

    Amarjeet Singh was appointed as a Director was appointed as a Director on 13 Jul 2021 & has been associated with this company since 3 years 7 months .

    13 Jul 2021

  • Director Appointment

    Kuldeep Chouhan was appointed as a Director was appointed as a Director on 13 Jul 2021 & has been associated with this company since 3 years 7 months .

    13 Jul 2021

Frequently asked questions

  • What is the Incorporation or founding date of Veer Motor Finance Private Limited?

    Veer Motor Finance Private Limited was incorporated on 15 Oct 1969.

  • What is authorized share capital and paid-up capital of Veer Motor Finance Private Limited?

    The authorized share capital of Veer Motor Finance Private Limited is ₹ 3.00 M and paid-up capital is ₹ 2.23 M.

  • Who are the current board members & directors of Veer Motor Finance Private Limited?

    Currently 5 directors are associated with Veer Motor Finance Private Limited.

    • Roshani Singhal
    • Ashok Kumar
    • Amarjeet Singh
    • Kuldeep Chouhan
    • Vivek Kumar
  • What is the registered address of Veer Motor Finance Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Veer Motor Finance Private Limited is 169/14Abu Lane Meerut Cantt India, Uttar Pradesh, 250001.

  • What is the corporate identification number (CIN) and company number of Veer Motor Finance Private Limited?

    The corporate identification number (CIN) of Veer Motor Finance Private Limited is U65999UP1969PTC003291 and the company number is 003291 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Veer Motor Finance Private Limited?

    According to the financial reports for the fiscal year 2017, the revenue trend for Veer Motor Finance Private Limited has fallen by -56.50%.

  • What change has been observed in the net worth of Veer Motor Finance Private Limited, and by what percentage?

    The financial reports for the fiscal year 2017 indicates that The net worth of Veer Motor Finance Private Limited has experienced an downturn of -4.72%.

  • When was the last Balance Sheet of Veer Motor Finance Private Limited filed with the ROC?

    The most recent Balance Sheet for Veer Motor Finance Private Limited was filed with the ROC on 31 Mar 2023.

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