Veeral Additives Private Limited

Chemical manufacturing company specializing in veenox products.

2007 | Mumbai, Maharashtra (India) | Merged
Last Updated: January 17, 2025

Veeral Additives Profile

Key Indicators

  • Authorised Capital ₹ 45.00 Cr
  • Paid Up Capital ₹ 45.00 Cr
  • Company Age 17 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 114.10 Cr
  • Revenue Growth 2360.61%
  • Profit Growth -6204.03%
  • Ebitda -4648.79%
  • Net Worth -74.96%
  • Total Assets 26.08%

About Veeral Additives

Veeral Additives Private Limited (VAPL) is Amalgamated company established on 20 Sep 2007 with its office registered at Mumbai, Maharashtra, India and has been running since 17 Year, 5 Months with a paid up capital of 45.00 Cr. According to MCA records, 5 Directors and 1 Signatories are linked to this company as of 17 Jan 2025.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    veeraladditives.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24100MH2007PTC174331

  • Company No.

    174331

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Sep 2007

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

Who are the key members and board of directors at Veeral Additives?

Executive Team (1)

NameDesignationAppointment DateStatus
Suhas Pai Country flag representing In Company Secretary05-Sep-2018Current

Board Members (5)

NameDesignationAppointment DateStatus
Parshant Mittal Country flag representing Us Director 15-Nov-2017Current
Jayesh Ashar Country flag representing In Director 29-Jan-2021Current
Vinod Saraf Country flag representing In Director 15-Nov-2017Current
Vinati Mutreja Country flag representing In Director 15-Nov-2017Current
Viral Saraf Country flag representing In Director 15-Nov-2017Current

Financial Performance of Veeral Additives.

Veeral Additives Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 2360.61% increase. The company also saw a substantial fall in profitability, with a 6204.03% decrease in profit. The company's net worth observed a substantial decline by a decrease of 74.96%.

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
2360.61%
Revenue from Operations
2340.34%
Total Assets
26.08%
Profit or Loss
-6204.03%
Net Worth
-74.96%
EBITDA
-4648.79%

What is the Ownership and Shareholding Structure of Veeral Additives?

In 2023, Veeral Additives had a promoter holding of 100.00%. 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

₹114.10 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 84.10 Cr
  • Axis Bank Limited : 30.00 Cr

Latest Charge Details

DateLenderAmountStatus
15 Jun 2020Hdfc Bank Limited₹16.10 CrSatisfied
18 Feb 2019Axis Bank Limited₹30.00 CrSatisfied
19 Jan 2019Hdfc Bank Limited₹68.00 CrSatisfied

How Many Employees Work at Veeral Additives?

Veeral Additives has a workforce of 199 employees as of Apr 07, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Veeral Additives, 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 Veeral Additives'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 Veeral Additives

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Veeral Additives Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge registered on 19 Jan 2019 via Charge ID 100237363 with Hdfc Bank Limited was fully satisfied on 15 Jul 2021.

    15 Jul 2021

  • Charges

    A charge registered on 15 Jun 2020 via Charge ID 100347506 with Hdfc Bank Limited was fully satisfied on 09 Apr 2021.

    09 Apr 2021

  • Director Appointment

    Jayesh Ajitkumar Ashar was appointed as a Director was appointed as a Director on 29 Jan 2021 & has been associated with this company since 4 years 24 days .

    29 Jan 2021

  • Charges

    A charge registered on 18 Feb 2019 via Charge ID 100240638 with Axis Bank Limited was fully satisfied on 11 Jan 2021.

    11 Jan 2021

Frequently asked questions

  • Veeral Additives Private Limited was incorporated on 20 Sep 2007.

  • The authorized share capital of Veeral Additives Private Limited is ₹ 45.00 Cr and paid-up capital is ₹ 45.00 Cr.

  • Currently 6 directors are associated with Veeral Additives Private Limited.

    • Jayesh Ajitkumar Ashar
    • Vinod Banwarilal Saraf
    • Vinati Saraf Mutreja
    • Viral Mittal Saraf
    • Parshant Mittal
    • Suhas Krishna Pai
  • As per Ministry of Corporate Affairs (Mca), the registered address of Veeral Additives Private Limited is Parineecrescenzo 11Thfloor 1102 Gblock Plotno.C-38 C-39 Bandrakurlacomplex, Bandra E India, Mumbai, Maharashtra, 400051.

  • The corporate identification number (CIN) of Veeral Additives Private Limited is U24100MH2007PTC174331 and the company number is 174331 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Veeral Additives Private Limited is https://www.veeraladditives.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Veeral Additives Private Limited has risen by 2360.61%.

  • As Per 2023 financial reports, 199 employees are currently employed by Veeral Additives Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Veeral Additives Private Limited has experienced an downturn of -74.96%.

  • The most recent Balance Sheet for Veeral Additives Private Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Plastic & Resins