Veeson Valves Profile
Key Indicators
- Authorised Capital ₹ 7.50 M
- Paid Up Capital ₹ 3.72 M
- Company Age 32 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 2.54 Cr
- Satisfied Charges ₹ 0.60 M
- Revenue Growth 11.86%
- Profit Growth 36.23%
- Ebitda 11.59%
- Net Worth 15.05%
- Total Assets 3.49%
About Veeson Valves
Veeson Valves Private Limited (VVPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 08 December 1992 and has a history of 32 years and two months. Its registered office is in Jalandhar, Punjab, 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 2023. It's a company limited by shares with an authorized capital of Rs 7.50 M and a paid-up capital of Rs 3.72 M.
The company currently has active open charges totaling ₹2.54 Cr. The company has closed loans amounting to ₹0.60 M, as per Ministry of Corporate Affairs (MCA) records.
Ashish Bhala, Gopal Bhala, and Vivek Bhala serve as directors at the Company.
Company Details
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Location
Jalandhar, Punjab, India
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Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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Social Media
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Corporate Identity Details
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CIN/LLPIN
U27109PB1992PTC012810
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Company No.
012810
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
08 Dec 1992
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Chandigarh
Industry
What products or services does Veeson Valves Private Limited offer?
Veeson Valves Private Limited offers a wide range of products and services, including Alloy, Metal and Industrial Nuts, Lock Nut, Metal Pipe & Plumbing Fittings, Pipe Unions, Pipe Elbows, Pipe Couplings, PVC, CPVC, HDPE Water Pipe Fittings, UPVC Pipe Fittings, Cross Fittings, Pipe Tees.
Who are the key members and board of directors at Veeson Valves?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vivek Bhala
|
Managing Director | 01-Jan-1999 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Ashish Bhala
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Director | 01-Apr-2024 | Current |
|
Gopal Bhala
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Director | 01-Apr-2024 | Current |
Financial Performance of Veeson Valves.
Veeson Valves Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 11.86% increase. The company also saw a substantial improvement in profitability, with a 36.23% increase in profit. The company's net worth Soared by an impressive increase of 15.05%.
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What is the Ownership and Shareholding Structure of Veeson Valves?
In 2023, Veeson Valves had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹25.36 M
₹0.60 M
Charges Breakdown by Lending Institutions
- Punjab National Bank : 2.25 Cr
- Others : 0.29 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Mar 2018 | Others | ₹2.90 M | Open |
| 21 Jul 2015 | Punjab National Bank | ₹1.20 M | Open |
| 29 Jun 2013 | Punjab National Bank | ₹1.00 Cr | Open |
| 07 Jan 2013 | Punjab National Bank | ₹1.20 M | Open |
| 28 Feb 2011 | Punjab National Bank | ₹1.10 M | Open |
How Many Employees Work at Veeson Valves?
Veeson Valves has a workforce of 57 employees as of Apr 09, 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 Veeson Valves, 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 Veeson Valves'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.
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