Veer-O-Metals Profile
Key Indicators
- Authorised Capital ₹ 2.10 Cr
- Paid Up Capital ₹ 1.05 Cr
- Company Age 23 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 199.52 Cr
- Satisfied Charges ₹ 33.66 Cr
- Revenue Growth 25.10%
- Profit Growth 93.73%
- Ebitda 112.00%
- Net Worth 17.19%
- Total Assets 20.70%
About Veer-O-Metals
Veer-O-Metals Private Limited (VPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 24 October 2001 and has a history of 23 years and three months. Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the Machinery And Equipment 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 2.10 Cr and a paid-up capital of Rs 1.05 Cr.
The company currently has active open charges totaling ₹199.52 Cr. The company has closed loans amounting to ₹33.66 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sham Sunder, Praneet Kumar, Viswadharini Kumar, and Two other members serve as directors at the Company.
Company Details
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Location
Bangaluru, Karnataka, India
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Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U30009KA2001PTC029692
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Company No.
029692
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
24 Oct 2001
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Date of AGM
27 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Bangalore
Industry
What products or services does Veer-O-Metals Private Limited offer?
Veer-O-Metals Private Limited offers a wide range of products and services, including Hydraulic Jacks, Lifts & Winches, Hydraulic Jacks, Water Treatment & Purification Plant, Water Purification Plants, Computer Hardware & Peripherals, Monitor Accessories, Computer Accessories, Garment & Textile Industrial Tools, Spinning Production Monitoring System, Enclosures & Cabinets.
Who are the key members and board of directors at Veer-O-Metals?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Praneet Kumar
|
Managing Director | 24-Oct-2001 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Sham Sunder
|
Whole-Time Director | 24-Oct-2001 | Current |
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Viswadharini Kumar
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Whole-Time Director | 01-Apr-2005 | Current |
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Vaneet Sunder
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Whole-Time Director | 01-Apr-2005 | Current |
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Aarti Shamsunder
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Whole-Time Director | 16-Dec-2019 | Current |
Financial Performance of Veer-O-Metals.
Veer-O-Metals Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 25.1% increase. The company also saw a substantial improvement in profitability, with a 93.73% increase in profit. The company's net worth Soared by an impressive increase of 17.19%.
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What is the Ownership and Shareholding Structure of Veer-O-Metals?
In 2023, Veer-O-Metals had a promoter holding of 90.00% and a public holding of 10.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Shree Hari Precision Products Private LimitedSham Sunder, Praneet Kumar and 1 more are mutual person
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Garg Associates Private LimitedPraneet Kumar is a mutual person
Charges (Loans)
₹199.52 Cr
₹33.66 Cr
Charges Breakdown by Lending Institutions
- Citi Bank N.A. : 101.40 Cr
- State Bank Of India : 95.67 Cr
- Hdfc Bank Limited : 2.45 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Jul 2024 | Citi Bank N.A. | ₹26.00 Cr | Open |
| 06 Nov 2023 | Hdfc Bank Limited | ₹1.20 M | Open |
| 19 Oct 2023 | Hdfc Bank Limited | ₹1.24 M | Open |
| 16 Sep 2023 | Hdfc Bank Limited | ₹1.10 M | Open |
| 28 Aug 2023 | Hdfc Bank Limited | ₹9.29 M | Open |
How Many Employees Work at Veer-O-Metals?
Veer-O-Metals has a workforce of 325 employees as of Apr 02, 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-O-Metals, 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-O-Metals'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.
