Veeresha Castings Profile
Key Indicators
- Authorised Capital ₹ 4.00 M
- Paid Up Capital ₹ 3.83 M
- Company Age 28 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 35.07 Cr
- Satisfied Charges ₹ 9.54 Cr
- Revenue Growth 38.45%
- Profit Growth 49600.00%
- Ebitda 70.54%
- Net Worth 11.96%
- Total Assets 34.74%
About Veeresha Castings
Veeresha Castings Private Limited (VCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 26 June 1996 and has a history of 28 years and eight months. Its registered office is in Sangli, Maharashtra, India.
The Company is engaged in the Manufacturing Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 4.00 M and a paid-up capital of Rs 3.83 M.
The company currently has active open charges totaling ₹35.07 Cr. The company has closed loans amounting to ₹9.54 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sudeep Taysheti, Shankar Taysheti, and Sunanda Taysheti serve as directors at the Company.
Company Details
- Location
Sangli, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U27310PN1996PTC100550
- Company No.
100550
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
26 Jun 1996
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Pune
Industry
Manufacturing
What products or services does Veeresha Castings Private Limited offer?
Veeresha Castings Private Limited offers a wide range of products and services, including Gearbox, Axle, Sprocket & Gear Parts, Gear parts, Engine Components, Oil Pans, Flywheel, Steering Parts & Components, Drivetrain Components, Iron Metal, Cast Iron, Clutch, Clutch Parts & Accessories.
Who are the key members and board of directors at Veeresha Castings?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sudeep Taysheti  | Director | 26-Jun-1996 | Current |
| Shankar Taysheti | Director | 26-Jun-1996 | Current |
| Sunanda Taysheti | Director | 26-Jun-1996 | Current |
Financial Performance of Veeresha Castings.
Veeresha Castings Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 38.45% increase. The company also saw a substantial improvement in profitability, with a 49600% increase in profit. The company's net worth Soared by an impressive increase of 11.96%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Veeresha Castings?
In 2022, Veeresha Castings had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Taysons Industries Private LimitedShankar Taysheti and Sunanda Taysheti are mutual person
Veeresha Techno Industries Private LimitedSudeep Taysheti, Shankar Taysheti and 1 more are mutual person
Charges (Loans)
Open Charges
₹350.70 M
Satisfied Charges
₹95.35 M
Charges Breakdown by Lending Institutions
- Others : 35.07 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Apr 2023 | Others | ₹3.07 Cr | Open |
| 15 Apr 2023 | Others | ₹8.30 M | Open |
| 29 Dec 2021 | Others | ₹7.60 M | Open |
| 30 Mar 2021 | Others | ₹2.62 Cr | Open |
| 14 Oct 2020 | Others | ₹5.90 M | Open |
How Many Employees Work at Veeresha Castings?
Unlock and access historical data on people associated with Veeresha Castings, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Veeresha Castings, 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 Veeresha Castings'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 Veeresha Castings
Recent activity within the organization
- Charges
A charge registered on 28 Aug 2018 via Charge ID 100199590 with Sidbi was fully satisfied on 03 Apr 2024.
- Charges
A charge registered on 20 Feb 2015 via Charge ID 10552501 with Small Industries Development Bank Of India (Sidbi) was fully satisfied on 03 Apr 2024.
- Charges
A charge registered on 09 Jul 2010 via Charge ID 10228216 with Small Industries Development Bank Of India (Sidbi) was fully satisfied on 03 Apr 2024.
- Annual General Meeting
Veeresha Castings Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Charges
A charge with Others of Rs. 30.70 M registered on 15 Apr 2023 with Charge ID 100714762 was modified on 02 Aug 2023.
- Charges
A charge with Others of Rs. 8.30 M registered on 15 Apr 2023 with Charge ID 100714774 was modified on 02 Aug 2023.
Frequently asked questions
What is the Incorporation or founding date of Veeresha Castings Private Limited?
Veeresha Castings Private Limited was incorporated on 26 Jun 1996.
What is authorized share capital and paid-up capital of Veeresha Castings Private Limited?
The authorized share capital of Veeresha Castings Private Limited is ₹ 4.00 M and paid-up capital is ₹ 3.83 M.
Who are the current board members & directors of Veeresha Castings Private Limited?
Currently 3 directors are associated with Veeresha Castings Private Limited.
- Sudeep Shankar Taysheti
- Shankar Guruling Taysheti
- Sunanda Shankar Taysheti
What is the registered address of Veeresha Castings Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Veeresha Castings Private Limited is J-101 Midc Kupwad India, Sangli, Maharashtra, 416436.
What is the corporate identification number (CIN) and company number of Veeresha Castings Private Limited?
The corporate identification number (CIN) of Veeresha Castings Private Limited is U27310PN1996PTC100550 and the company number is 100550 as per Ministry of Corporate Affairs (MCA).
What is the official website of Veeresha Castings Private Limited?
The Official website of Veeresha Castings Private Limited is https://www.veereshacast.com
What has been the recent revenue trend for Veeresha Castings Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Veeresha Castings Private Limited has risen by 38.45%.
What change has been observed in the net worth of Veeresha Castings Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Veeresha Castings Private Limited has experienced an upsurge of 11.96%.
What are the total open charges for Veeresha Castings Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Veeresha Castings Private Limited amount to ₹ 35.07 Cr.
When was the last Balance Sheet of Veeresha Castings Private Limited filed with the ROC?
The most recent Balance Sheet for Veeresha Castings Private Limited was filed with the ROC on 31 Mar 2023.