Veeram Securities Limited

Provides financial services such as loans, credit, and asset management to individuals and businesses.

2011 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Veeram Securities Profile

Key Indicators

  • Authorised Capital ₹ 51.00 Cr
  • Paid Up Capital ₹ 15.13 Cr
  • Company Age 14 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -7.73%
  • Profit Growth 36.06%
  • Ebitda 30.96%
  • Net Worth 27.88%
  • Total Assets 22.44%

About Veeram Securities

Veeram Securities Limited (VSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 15 April 2011 and has a history of 14 years and one month. Its registered office is in Ahmedabad, Gujarat, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 540252.

The Corporate was formerly known as Veeram Spiritual Energies Private Limited. 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 2024. It's a company limited by shares with an authorized capital of Rs 51.00 Cr and a paid-up capital of Rs 15.13 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Veeram Securities Limited India is Mahendrabhai Shah as CFO. Mahendrabhai Shah, Rakshit Shah, Pinal Shah, 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

    L46498GJ2011PLC064964

  • Company No.

    064964

  • Stock Symbol

    BSE : 540252

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    15 Apr 2011

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Financial Services
Company report

Veeram Securities Limited

Explore comprehensive data for Veeram Securities Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Veeram Securities?

Executive Team (1)

NameDesignationAppointment DateStatus
Mahendrabhai Shah Country flag representing In Managing Director20-Jun-2016Current

Board Members (5)

NameDesignationAppointment DateStatus
Sanjay Vibhakar Country flag representing In Director 21-Jun-2021Current
Rakshit Shah Country flag representing In Director 15-Apr-2011Current
Pinal Shah Country flag representing In Director 03-Feb-2014Current
Manoharbhai Chunara Country flag representing In Director 01-Oct-2022Current
Rajeshbhai Shah Country flag representing In Director 24-Mar-2017Current

Financial Performance of Veeram Securities.

Veeram Securities Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 7.73% decrease. The company also saw a substantial improvement in profitability, with a 36.06% increase in profit. The company's net worth Soared by an impressive increase of 27.88%.

Veeram Securities revenue growth over time
Veeram Securities 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
-7.73%
Revenue from Operations
-8.69%
Total Assets
22.44%
Profit or Loss
36.06%
Net Worth
27.88%
EBITDA
30.96%

What is the Ownership and Shareholding Structure of Veeram Securities?

In 2021, Veeram Securities had a promoter holding of 53.42% and a public holding of 46.58%. 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 Veeram Securities?

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

Employee growth trends for Veeram Securities Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Veeram Securities, 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 Veeram Securities'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 Veeram Securities

Recent activity within the organization

  • Annual General Meeting

    Veeram Securities Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Veeram Securities Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Director Appointment

    Manoharbhai Bharatbhai Chunara was appointed as a Director was appointed as a Director on 01 Oct 2022 & has been associated with this company since 2 years 7 months .

  • Director Appointment

    Rajeshbhai Shah was appointed as a Director was appointed as a Director on 24 Mar 2017 & has been associated with this company since 8 years 2 months .

  • Director Appointment

    Mahendrabhai Ramniklal Shah was appointed as a Managing Director was appointed as a Managing Director on 20 Jun 2016 & has been associated with this company since 8 years 11 months .

  • Director Appointment

    Pinal Rakshitbhai Shah was appointed as a Director was appointed as a Director on 03 Feb 2014 & has been associated with this company since 11 years 3 months .

Frequently asked questions

  • What is the Incorporation or founding date of Veeram Securities Limited?

    Veeram Securities Limited was incorporated on 15 Apr 2011.

  • What is authorized share capital and paid-up capital of Veeram Securities Limited?

    The authorized share capital of Veeram Securities Limited is ₹ 51.00 Cr and paid-up capital is ₹ 15.13 Cr.

  • Who are the current board members & directors of Veeram Securities Limited?

    Currently 7 directors are associated with Veeram Securities Limited.

    • Mahendrabhai Ramniklal Shah
    • Rakshit Mahendra Shah
    • Pinal Rakshitbhai Shah
    • Manoharbhai Bharatbhai Chunara
    • Rajeshbhai Shah
    • Sanjay Chunilal Vibhakar
    • Mahendrabhai Ramniklal Shah

  • What is the registered address of Veeram Securities Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Veeram Securities Limited is Ground First Floor 7 Natvarshyam Co Op Ho S Opp. Orchid Park Ramdevnagar Road Satt Elite, India, Ahmedabad, Gujarat, 380051.

  • What is the corporate identification number (CIN) and company number of Veeram Securities Limited?

    The corporate identification number (CIN) of Veeram Securities Limited is L46498GJ2011PLC064964 and the company number is 064964 as per Ministry of Corporate Affairs (MCA).

  • Is Veeram Securities Limited registered with any stock exchange in India?

    Yes, Veeram Securities Limited is registered on Bombay Stock Exchange (BSE).

  • What is the official website of Veeram Securities Limited?

    The Official website of Veeram Securities Limited is https://www.veeramornaments.com

  • What has been the recent revenue trend for Veeram Securities Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Veeram Securities Limited has fallen by -7.73%.

  • What change has been observed in the net worth of Veeram Securities Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Veeram Securities Limited has experienced an upsurge of 27.88%.

  • When was the last Balance Sheet of Veeram Securities Limited filed with the ROC?

    The most recent Balance Sheet for Veeram Securities Limited was filed with the ROC on 31 Mar 2024.

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