Veer Plastics Profile
Key Indicators
- Authorised Capital ₹ 26.58 Cr
- Paid Up Capital ₹ 21.88 Cr
- Company Age 40 Year, 1 Month
- 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 40 years and one month. 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
Packaging
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.
Veer Plastics Private Limited
Explore comprehensive data for Veer Plastics Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
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
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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.
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Charges (Loans)
Open Charges
₹322.94 Cr
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Veer Plastics
Recent activity within the organization
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.31 Cr with Charge ID 100996602 was registered on 19 Oct 2024.
- Annual General Meeting
Veer Plastics Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.32 Cr with Charge ID 100962449 was registered on 17 Aug 2024.
- Balance Sheet
Veer Plastics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
- Charges
A charge registered on 13 Jun 2018 via Charge ID 100187974 with Others was fully satisfied on 26 Mar 2024.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.18 Cr with Charge ID 100839567 was registered on 22 Nov 2023.
Frequently asked questions
What is the Incorporation or founding date of Veer Plastics Private Limited?
Veer Plastics Private Limited was incorporated on 10 Apr 1985.
What is authorized share capital and paid-up capital of Veer Plastics Private Limited?
The authorized share capital of Veer Plastics Private Limited is ₹ 26.58 Cr and paid-up capital is ₹ 21.88 Cr.
Who are the current board members & directors of Veer Plastics Private Limited?
Currently 7 directors are associated with Veer Plastics Private Limited.
- Kanwarbirsingh Ajaibsingh Arora
- Sukhbirsingh Ajaibsingh Arora
- Surender Keshrichand Choudhary
- Karanjeevsingh Sukhbirsingh Arora
- Purvi Prafulbhai Gandha
- Jasleenkaur Kanwarbirsingh Arora
- Harjeev Singh Arora
What is the registered address of Veer Plastics Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Veer Plastics Private Limited is 104, Sardar Patel Colony 1St Floor Stadium Road Post Navjivan India, Ahmedabad, Gujarat, 380014.
What is the corporate identification number (CIN) and company number of Veer Plastics Private Limited?
The corporate identification number (CIN) of Veer Plastics Private Limited is U25200GJ1985PTC007777 and the company number is 007777 as per Ministry of Corporate Affairs (MCA).
What is the official website of Veer Plastics Private Limited?
The Official website of Veer Plastics Private Limited is https://www.veerplastics.com
What has been the recent revenue trend for Veer Plastics Private Limited?
According to the financial reports for the fiscal year 2024, the revenue trend for Veer Plastics Private Limited has fallen by -6.93%.
How many employees does Veer Plastics Private Limited currently have?
As Per 2024 financial reports, 68 employees are currently employed by Veer Plastics Private Limited.
What change has been observed in the net worth of Veer Plastics Private Limited, and by what percentage?
The financial reports for the fiscal year 2024 indicates that The net worth of Veer Plastics Private Limited has experienced an upsurge of 9.56%.
What are the total open charges for Veer Plastics Private Limited?
As per the financial statements for fiscal Year 2024, The total open charges for Veer Plastics Private Limited amount to ₹ 322.94 Cr.
When was the last Balance Sheet of Veer Plastics Private Limited filed with the ROC?
The most recent Balance Sheet for Veer Plastics Private Limited was filed with the ROC on 31 Mar 2024.
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