Veeral Controls Private Limited

Manufacturer of instrumentation drives, power controllers, and precision power supplies with custom options.

1990 | Gandhinagar, Gujarat (India) | Active
Last Updated: December 25, 2024

Veeral Controls Profile

Key Indicators

  • Authorised Capital ₹ 4.00 M
  • Paid Up Capital ₹ 3.20 M
  • Company Age 34 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 11.14 Cr
  • Satisfied Charges ₹ 0.93 M
  • Revenue Growth -71.24%
  • Profit Growth -8058.39%
  • Ebitda -319.53%
  • Net Worth -30.85%
  • Total Assets 0.93%

About Veeral Controls

Veeral Controls Private Limited (VCPL) is a Private Limited Indian Non-Government Company incorporated in India on 13 May 1990 and has a history of 34 years and nine months. Its registered office is in Gandhinagar, Gujarat.

The Company is engaged in the Energy And Power 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 4.00 M and a paid-up capital of Rs 3.20 M.

The company currently has active open charges totaling ₹11.14 Cr. The company has closed loans amounting to ₹0.93 M, as per Ministry of Corporate Affairs (MCA) records.

Varuneshkumar Prasad, Achin Sahay, and Bhagirathi Prasad serve as directors at the Company.

Company Details

  • Location Gandhinagar, Gujarat
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    veeral.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U33130GJ1990PTC013777

  • Company No.

    013777

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 May 1990

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Energy and Power

What products or services does Veeral Controls Private Limited offer?

Veeral Controls Private Limited offers a wide range of products and services, including VFD, PLC, HMI & Control Equipments, Starters, Inverters, UPS and Converters, Electric Converters, Process Control Systems & Equipments, Power Controllers, Temperature Controller, Resistors & Other Passive Devices, Potentiometer, Diodes & Electronic Active Devices.

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

Board Members (3)

NameDesignationAppointment DateStatus
Varuneshkumar Prasad Country flag representing In Director 17-May-1990Current
Achin Sahay Country flag representing Us Director 29-Jun-2022Current
Bhagirathi Prasad Country flag representing In Director 17-May-1990Current

Financial Performance of Veeral Controls.

Veeral Controls Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 71.24% decrease. The company also saw a substantial fall in profitability, with a 8058.39% decrease in profit. The company's net worth observed a substantial decline by a decrease of 30.85%.

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
-71.24%
Revenue from Operations
-77.38%
Total Assets
0.93%
Profit or Loss
-8058.39%
Net Worth
-30.85%
EBITDA
-319.53%

What is the Ownership and Shareholding Structure of Veeral Controls?

Unlock access to Veeral Controls's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹111.38 M

Satisfied Charges

₹0.93 M

Charges Breakdown by Lending Institutions

  • Others : 8.05 Cr
  • Bank Of Baroda : 3.07 Cr
  • Anz Grindlays Bank : 0.02 Cr

Latest Charge Details

DateLenderAmountStatus
01 Jun 2023Others₹5.50 MOpen
06 Nov 2007Bank Of Baroda₹2.75 CrOpen
10 Jul 1996Anz Grindlays Bank₹0.18 MOpen
09 Mar 1995Bank Of Baroda₹1.80 MOpen
19 Dec 1994Others₹7.50 CrOpen

How Many Employees Work at Veeral Controls?

Veeral Controls has a workforce of 20 employees as of Apr 04, 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 Controls, 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 Controls'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 Controls

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Veeral Controls Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 5.50 M with Charge ID 100729456 was registered on 01 Jun 2023.

    01 Jun 2023

  • Director Appointment

    Achin Sahay was appointed as a Director was appointed as a Director on 29 Jun 2022 & has been associated with this company since 2 years 7 months .

    29 Jun 2022

  • Charges

    A charge with Others of Rs. 75.00 M registered on 19 Dec 1994 with Charge ID 90104586 was modified on 19 Aug 2021.

    19 Aug 2021

  • Charges

    A charge with Bank Of Baroda of Rs. 27.50 M registered on 06 Nov 2007 with Charge ID 10164283 was modified on 08 Feb 2010.

    08 Feb 2010

Frequently asked questions

  • Veeral Controls Private Limited was incorporated on 13 May 1990.

  • The authorized share capital of Veeral Controls Private Limited is ₹ 4.00 M and paid-up capital is ₹ 3.20 M.

  • Currently 3 directors are associated with Veeral Controls Private Limited.

    • Varuneshkumar Rameshwar Prasad
    • Achin Sahay
    • Bhagirathi Varuneshkumar Prasad
  • As per Ministry of Corporate Affairs (Mca), the registered address of Veeral Controls Private Limited is B-29 G.I.D.C. Electronics Estate India, Gandhinagar, Gujarat, 382044.

  • The corporate identification number (CIN) of Veeral Controls Private Limited is U33130GJ1990PTC013777 and the company number is 013777 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Veeral Controls Private Limited is https://www.veeral.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Veeral Controls Private Limited has fallen by -71.24%.

  • As Per 2022 financial reports, 20 employees are currently employed by Veeral Controls Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Veeral Controls Private Limited has experienced an downturn of -30.85%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Veeral Controls Private Limited amount to ₹ 11.14 Cr.

  • The most recent Balance Sheet for Veeral Controls Private Limited was filed with the ROC on 31 Mar 2024.

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