Veesons Energy Systems Private Limited

This company manufactures and supplies a wide range of industrial boilers and related equipment.

1996 | Tiruchirappalli, Tamil Nadu (India) | Under Liquidation
Last Updated: April 20, 2024

Veesons Energy Systems Profile

Key Indicators

  • Authorised Capital ₹ 14.00 Cr
  • Paid Up Capital ₹ 13.80 Cr
  • Company Age 28 Year, 4 Months
  • Last Filing with ROC 31 Mar 2017
  • Open Charges ₹ 115.54 Cr
  • Satisfied Charges ₹ 13.26 Cr
  • Revenue Growth 2.54%
  • Profit Growth -6.78%
  • Ebitda 30.20%
  • Net Worth -280.77%
  • Total Assets -8.93%

About Veesons Energy Systems

Veesons Energy Systems Private Limited (VESPL) is Under Liquidation company established on 04 Oct 1996 with its office registered at Tiruchirappalli, Tamil Nadu, India and has been running since 28 Year, 4 Months with a paid up capital of 13.80 Cr. According to MCA records, 3 Directors are linked to this company as of 20 Apr 2024.

Company Details

  • Location

    Tiruchirappalli, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    veesons.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29113TN1996PTC036693

  • Company No.

    036693

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Oct 1996

  • Date of AGM

    28 Sep 2017

  • Date of Balance Sheet

    31 Mar 2017

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Machinery and Equipment

What products or services does Veesons Energy Systems Private Limited offer?

Veesons Energy Systems Private Limited offers a wide range of products and services, including Boilers & Boiler Parts, Industrial Boilers, Boiler Accessories, Storage Tanks, Drums & Containers, Drums, Boiler Fittings, Steam Boilers, FBC Boilers, Rust & Corrosion Protection Products, Anti Corrosion Products.

Who are the key members and board of directors at Veesons Energy Systems?

Executive Team (1)

NameDesignationAppointment DateStatus
Venkatachalam Ramakrishnan Country flag representing In Managing Director04-Oct-1996Current

Board Members (2)

NameDesignationAppointment DateStatus
Venkatachalam Shankar Country flag representing In Alternate Director 18-Nov-2009Current
Ramakrishnan Malliga Country flag representing In Director 26-Aug-1997Current

Financial Performance of Veesons Energy Systems.

Veesons Energy Systems Private Limited, for the financial year ended 2017, experienced modest growth in revenue, with a 2.54% increase. The company also saw a slight decrease in profitability, with a 6.78% decrease in profit. The company's net worth observed a substantial decline by a decrease of 280.77%.

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
2.54%
Revenue from Operations
2.44%
Total Assets
-8.93%
Profit or Loss
-6.78%
Net Worth
-280.77%
EBITDA
30.20%

What is the Ownership and Shareholding Structure of Veesons Energy Systems?

In 2017, Veesons Energy Systems had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹115.54 Cr

Satisfied Charges

₹13.26 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 72.08 Cr
  • Idbi Bank Limited : 38.75 Cr
  • The Tamil Nadu Industrial Investment Corporation Limited : 4.05 Cr
  • Bhimseria Agro Private Limited : 0.47 Cr
  • L & T Finance Limited : 0.19 Cr

Latest Charge Details

DateLenderAmountStatus
26 Jun 2015Bhimseria Agro Private Limited₹4.71 MOpen
30 Sep 2014Idbi Bank Limited₹14.50 CrOpen
27 Dec 2012The Tamil Nadu Industrial Investment Corporation Limited₹8.00 MOpen
22 Nov 2012The Tamil Nadu Industrial Investment Corporation Limited₹1.70 CrOpen
24 Jun 2010L & T Finance Limited₹1.88 MOpen

How Many Employees Work at Veesons Energy Systems?

Veesons Energy Systems has a workforce of 97 employees as of Apr 01, 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 Veesons Energy Systems, 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 Veesons Energy Systems'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 Veesons Energy Systems

Recent activity within the organization

  • Annual General Meeting

    Veesons Energy Systems Private Limited last Annual general meeting of members was held on 28 Sep 2017 as per latest MCA records.

    28 Sep 2017

  • Balance Sheet

    Veesons Energy Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Chennai.

    31 Mar 2017

  • Charges

    A charge with Bhimseria Agro Private Limited amounted to Rs. 0.47 Cr with Charge ID 10579851 was registered on 26 Jun 2015.

    26 Jun 2015

  • Charges

    A charge with State Bank Of India of Rs. 65.85 Cr registered on 05 Nov 1997 with Charge ID 90291175 was modified on 06 Apr 2015.

    06 Apr 2015

  • Charges

    A charge with Idbi Bank Limited amounted to Rs. 14.50 Cr with Charge ID 10531655 was registered on 30 Sep 2014.

    30 Sep 2014

  • Charges

    A charge with Idbi Bank Limited of Rs. 20.50 Cr registered on 23 Jun 2010 with Charge ID 10224607 was modified on 30 Sep 2014.

    30 Sep 2014

Frequently asked questions

  • Veesons Energy Systems Private Limited was incorporated on 04 Oct 1996.

  • The authorized share capital of Veesons Energy Systems Private Limited is ₹ 14.00 Cr and paid-up capital is ₹ 13.80 Cr.

  • Currently 3 directors are associated with Veesons Energy Systems Private Limited.

    • Venkatachalam Shankar
    • Venkatachalam Ramakrishnan
    • Ramakrishnan Malliga
  • As per Ministry of Corporate Affairs (Mca), the registered address of Veesons Energy Systems Private Limited is C14/2Industrial EstateThuvakudi, Trichirapalli-620015 Thuvakudi, ThuvakudiTrichirapalli-620015, Tamil Nadu, India.

  • The corporate identification number (CIN) of Veesons Energy Systems Private Limited is U29113TN1996PTC036693 and the company number is 036693 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Veesons Energy Systems Private Limited is https://www.veesons.com

  • According to the financial reports for the fiscal year 2017, the revenue trend for Veesons Energy Systems Private Limited has risen by 2.54%.

  • As Per 2017 financial reports, 97 employees are currently employed by Veesons Energy Systems Private Limited.

  • The financial reports for the fiscal year 2017 indicates that The net worth of Veesons Energy Systems Private Limited has experienced an downturn of -280.77%.

  • As per the financial statements for fiscal Year 2017, The total open charges for Veesons Energy Systems Private Limited amount to ₹ 115.54 Cr.

  • The most recent Balance Sheet for Veesons Energy Systems Private Limited was filed with the ROC on 31 Mar 2017.