Veetee Fine Foods Limited

Produces and sells a variety of high-quality rice products.

1992 | Sonepat, Haryana (India) | Active
Last Updated: July 04, 2024

Veetee Fine Foods Profile

Key Indicators

  • Authorised Capital ₹ 80.00 Cr
  • Paid Up Capital ₹ 70.58 Cr
  • Company Age 32 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 49.00 Cr
  • Satisfied Charges ₹ 976.76 Cr
  • Revenue Growth 40.06%
  • Profit Growth 58.93%
  • Ebitda 16.63%
  • Net Worth 17.64%
  • Total Assets -21.52%

About Veetee Fine Foods

Veetee Fine Foods Limited (VFFL) is a leading Public 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 Sonepat, Haryana, India.

The Corporate was formerly known as Picric Limited. The Company is engaged in the Food And Beverages 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 80.00 Cr and a paid-up capital of Rs 70.58 Cr.

The company currently has active open charges totaling ₹49.00 Cr. The company has closed loans amounting to ₹976.76 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Veetee Fine Foods Limited India are Shweta Arya as COMPANY SECRETARY and Kuldeep Singh as Cfo. Ajit Singh, Imran Siddiqui, Daya Chand, and Four other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U15312HR1992PLC034258

  • Company No.

    034258

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    08 Dec 1992

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Food and Beverages

What products or services does Veetee Fine Foods Limited offer?

Veetee Fine Foods Limited offers a wide range of products and services, including Rice, Long Grain Rice, Brown Rice, Brown Basmati Rice, Cereals & Food Grains, Non Basmati Rice, Basmati Rice, Rozana Basmati Rice, Dubraj Rice, Broken Rice.

Who are the key members and board of directors at Veetee Fine Foods?

Executive Team (3)

Name Designation Appointment Date Status
Man Varma Country flag representing Io Managing Director 26-Dec-1992 Current
Shweta Arya Country flag representing In Company Secretary 21-Dec-2019 Current
Kuldeep Singh CFO 01-Jun-2022 Current

Board Members (6)

Name Designation Appointment Date Status
Sudeep Tandon Country flag representing Us Director 20-Jan-2022 Current
Rajesh Goyal Country flag representing In Director 29-Nov-2019 Current
Imran Siddiqui Country flag representing In Director 20-Dec-2018 Current
Ajit Singh Country flag representing In Director 18-Apr-2023 Current
Daya Chand Country flag representing In Director 13-Jul-2012 Current
Nirmal Mehta Country flag representing In Director 20-May-2019 Current

Financial Performance of Veetee Fine Foods.

Veetee Fine Foods Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 40.06% increase. The company also saw a substantial improvement in profitability, with a 58.93% increase in profit. The company's net worth Soared by an impressive increase of 17.64%.

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
40.06%
Revenue from Operations
38.67%
Total Assets
-21.52%
Profit or Loss
58.93%
Net Worth
17.64%
EBITDA
16.63%

What is the Ownership and Shareholding Structure of Veetee Fine Foods?

In 2023, Veetee Fine Foods 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

₹49.00 Cr

Satisfied Charges

₹976.76 Cr

Charges Breakdown by Lending Institutions

  • Yes Bank Limited : 27.00 Cr
  • Hdfc Bank Limited : 22.00 Cr

Latest Charge Details

Date Lender Amount Status
17 Sep 2023 Yes Bank Limited ₹10.00 Cr Open
27 Aug 2023 Yes Bank Limited ₹17.00 Cr Open
23 Aug 2023 Hdfc Bank Limited ₹22.00 Cr Open
24 Feb 2022 The Hongkong And Shanghai Banking Corporation Limited ₹28.50 Cr Satisfied
29 Jun 2012 Oriental Bank Of Commerce ₹48.13 Cr Satisfied

How Many Employees Work at Veetee Fine Foods?

Veetee Fine Foods has a workforce of 110 employees as of Mar 23, 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 Veetee Fine Foods, 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 Veetee Fine Foods'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 Veetee Fine Foods

Recent activity within the organization

  • Annual General Meeting

    Veetee Fine Foods Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 10.00 Cr with Charge ID 100786045 was registered on 17 Sep 2023.

    17 Sep 2023

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 17.00 Cr with Charge ID 100782569 was registered on 27 Aug 2023.

    27 Aug 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 22.00 Cr with Charge ID 100805387 was registered on 23 Aug 2023.

    23 Aug 2023

  • Balance Sheet

    Veetee Fine Foods Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Charges

    A charge registered on 24 Feb 2022 via Charge ID 100539137 with The Hongkong And Shanghai Banking Corporation Limited was fully satisfied on 03 Jan 2023.

    03 Jan 2023

Frequently asked questions

  • Veetee Fine Foods Limited was incorporated on 08 Dec 1992.

  • The authorized share capital of Veetee Fine Foods Limited is ₹ 80.00 Cr and paid-up capital is ₹ 70.58 Cr.

  • Currently 9 directors are associated with Veetee Fine Foods Limited.

    • Ajit Kumar Singh
    • Imran Ahmed Siddiqui
    • Daya Chand
    • Sudeep Tandon
    • Man Mohan Chander Varma
    • Rajesh Goyal
    • Shweta Arya
    • Kuldeep Singh
    • Nirmal Mehta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Veetee Fine Foods Limited is 56-57 K MG T Karnal Road Village Larsouli, Sonepat, Haryana, India, 131001.

  • The corporate identification number (CIN) of Veetee Fine Foods Limited is U15312HR1992PLC034258 and the company number is 034258 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Veetee Fine Foods Limited is https://www.veetee-fine-foods-limited.business.site

  • According to the financial reports for the fiscal year 2023, the revenue trend for Veetee Fine Foods Limited has risen by 40.06%.

  • As Per 2023 financial reports, 110 employees are currently employed by Veetee Fine Foods Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Veetee Fine Foods Limited has experienced an upsurge of 17.64%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Veetee Fine Foods Limited amount to ₹ 49.00 Cr.

  • The most recent Balance Sheet for Veetee Fine Foods Limited was filed with the ROC on 31 Mar 2023.

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