Veet Rag Exploration & Minerals Private Limited

Provides mining services and activities, incorporated in 2000, based in Nagpur, Maharashtra.

2000 | Nagpur, Maharashtra (India) | Active
Last Updated: December 13, 2024

Veet Rag Exploration & Minerals Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 24 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 35.00 Cr
  • Revenue Growth 3914.52%
  • Profit Growth 63.87%
  • Ebitda 53.68%
  • Net Worth -6.73%
  • Total Assets 49.29%

About Veet Rag Exploration & Minerals

Veet Rag Exploration & Minerals Private Limited (VREMPL) is a Private Limited Indian Non-Government Company incorporated in India on 20 September 2000 and has a history of 24 years and five months. Its registered office is in Nagpur, Maharashtra, India.

The Corporate was formerly known as Veet Rag Homes Private Limited. The Company is engaged in the Metals And Minerals 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 0.50 M and a paid-up capital of Rs 0.10 M.

The company has closed loans amounting to ₹35.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Chetan Jain and Smarajit Dey serve as directors at the Company.

Company Details

  • Location

    Nagpur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U45200MH2000PTC128791

  • Company No.

    128791

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Sep 2000

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Metals and Minerals

Who are the key members and board of directors at Veet Rag Exploration & Minerals?

Executive Team (1)

NameDesignationAppointment DateStatus
Smarajit Dey Country flag representing In Managing Director06-May-2024Current

Board Members (1)

NameDesignationAppointment DateStatus
Chetan Jain Country flag representing In Director 26-Sep-2023Current

Financial Performance of Veet Rag Exploration & Minerals.

Veet Rag Exploration & Minerals Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 3914.52% increase. The company also saw a substantial improvement in profitability, with a 63.87% increase in profit. The company's net worth dipped by a decrease of 6.73%.

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
3914.52%
Revenue from Operations
6412.18%
Total Assets
49.29%
Profit or Loss
63.87%
Net Worth
-6.73%
EBITDA
53.68%

What is the Ownership and Shareholding Structure of Veet Rag Exploration & Minerals?

In 2021, Veet Rag Exploration & Minerals 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

₹0

Satisfied Charges

₹350.00 M

Charges Breakdown by Lending Institutions

  • Abhyudaya Co-Op. Bank Limited : 35.00 Cr

Latest Charge Details

DateLenderAmountStatus
02 Mar 2007Abhyudaya Co-Op. Bank Limited₹35.00 CrSatisfied

How Many Employees Work at Veet Rag Exploration & Minerals?

Veet Rag Exploration & Minerals has a workforce of 5 employees as of Mar 28, 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 Veet Rag Exploration & Minerals, 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 Veet Rag Exploration & Minerals'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 Veet Rag Exploration & Minerals

Recent activity within the organization

  • Annual General Meeting

    Veet Rag Exploration & Minerals Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Director Appointment

    Smarajit Dey was appointed as a Managing Director was appointed as a Managing Director on 06 May 2024 & has been associated with this company since 9 months 18 days .

    06 May 2024

  • Balance Sheet

    Veet Rag Exploration & Minerals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Chetan Kumar Jain was appointed as a Director was appointed as a Director on 26 Sep 2023 & has been associated with this company since 1 year 4 months .

    26 Sep 2023

  • Charges

    A charge registered on 02 Mar 2007 via Charge ID 10040050 with Abhyudaya Co-Op. Bank Limited was fully satisfied on 20 Dec 2010.

    20 Dec 2010

  • Charges

    A charge with Abhyudaya Co-Op. Bank Limited amounted to Rs. 350.00 M with Charge ID 10040050 was registered on 02 Mar 2007.

    02 Mar 2007

Frequently asked questions

  • Veet Rag Exploration & Minerals Private Limited was incorporated on 20 Sep 2000.

  • The authorized share capital of Veet Rag Exploration & Minerals Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Veet Rag Exploration & Minerals Private Limited.

    • Chetan Kumar Jain
    • Smarajit Dey
  • As per Ministry of Corporate Affairs (Mca), the registered address of Veet Rag Exploration & Minerals Private Limited is 267 Ganesh Phadnavis Bhawanopp Triangular Park Dharampeth India, Nagpur, Maharashtra, 440010.

  • The corporate identification number (CIN) of Veet Rag Exploration & Minerals Private Limited is U45200MH2000PTC128791 and the company number is 128791 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2021, the revenue trend for Veet Rag Exploration & Minerals Private Limited has risen by 3914.52%.

  • As Per 2021 financial reports, 5 employees are currently employed by Veet Rag Exploration & Minerals Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Veet Rag Exploration & Minerals Private Limited has experienced an downturn of -6.73%.

  • The most recent Balance Sheet for Veet Rag Exploration & Minerals Private Limited was filed with the ROC on 31 Mar 2024.

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