Veer Plastics Profile
Key Indicators
- Authorised Capital ₹ 26.58 Cr
- Paid Up Capital ₹ 21.88 Cr
- Company Age 39 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 322.94 Cr
- Satisfied Charges ₹ 253.24 Cr
- Revenue Growth -6.93%
- Profit Growth 145.92%
- Ebitda 50.57%
- Net Worth 9.56%
- Total Assets 18.39%
About Veer Plastics
Veer Plastics Private Limited (VPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 10 April 1985 and has a history of 39 years and ten months. Its registered office is in Ahmedabad, Gujarat, India.
The Company is engaged in the Packaging 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 26.58 Cr and a paid-up capital of Rs 21.88 Cr.
The company currently has active open charges totaling ₹322.94 Cr. The company has closed loans amounting to ₹253.24 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Veer Plastics Private Limited India is Purvi Gandha as COMPANY SECRETARY. Kanwarbirsingh Arora, Sukhbirsingh Arora, Surender Choudhary, and Three other members serve as directors at the Company.
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U25200GJ1985PTC007777
- Company No.
007777
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
10 Apr 1985
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
What products or services does Veer Plastics Private Limited offer?
Veer Plastics Private Limited offers a wide range of products and services, including Bulk Bags & Sacks, Woven Bags, Jumbo Bags.
Who are the key members and board of directors at Veer Plastics?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Purvi Gandha | Company Secretary | 28-May-2019 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Harjeev Arora  | Director | 25-Sep-2003 | Current |
| Kanwarbirsingh Arora | Director | 10-Apr-1985 | Current |
| Sukhbirsingh Arora | Director | 01-Oct-2013 | Current |
| Surender Choudhary | Director | 20-Sep-2004 | Current |
| Karanjeevsingh Arora | Director | 26-Nov-2015 | Current |
| Jasleenkaur Arora | Director | 01-May-2011 | Current |
Financial Performance of Veer Plastics.
Veer Plastics Private Limited, for the financial year ended 2024, experienced Minor drop in revenue, with a 6.93% decrease. The company also saw a substantial improvement in profitability, with a 145.92% increase in profit. The company's net worth moved up by a moderate rise of 9.56%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Veer Plastics?
In 2023, Veer Plastics had a promoter holding of 81.12% and a public holding of 18.88%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Shraddha Infraspace LlpKanwarbirsingh Arora is a mutual person
- Mehr Techpack Llp
Kanwarbirsingh Arora, Jasleenkaur Arora and 1 more are mutual person
- Kvs Global Impex Llp
Kanwarbirsingh Arora and Surender Choudhary are mutual person
- Gian Marketing Pvt Ltd
Kanwarbirsingh Arora is a mutual person
- Jeev Industries Private Limited
Sukhbirsingh Arora and Karanjeevsingh Arora are mutual person
- Hami Enterprises Private Limited
Surender Choudhary is a mutual person
Charges (Loans)
₹322.94 Cr
₹253.24 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 227.44 Cr
- Hdfc Bank Limited : 54.67 Cr
- Others : 40.83 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Oct 2024 | Hdfc Bank Limited | ₹3.11 M | Open |
| 17 Aug 2024 | Hdfc Bank Limited | ₹3.15 M | Open |
| 22 Nov 2023 | Hdfc Bank Limited | ₹1.85 M | Open |
| 02 Oct 2023 | Others | ₹18.43 Cr | Open |
| 16 Sep 2023 | Hdfc Bank Limited | ₹8.16 M | Open |
How Many Employees Work at Veer Plastics?
Veer Plastics has a workforce of 68 employees as of Nov 26, 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 Veer Plastics, 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 Plastics'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.
