Veetek Storemate Private Limited

Manufacturer and supplier of display and storage shelving systems since 2006.

2006 | Tiruvallur, Tamil Nadu (India) | Active
Last Updated: December 12, 2024

Veetek Storemate Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.50 M
  • Company Age 18 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 6.39 Cr
  • Revenue Growth 23.90%
  • Profit Growth 40.63%
  • Ebitda 7.61%
  • Net Worth 23.03%
  • Total Assets 5.52%

About Veetek Storemate

Veetek Storemate Private Limited (VSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 April 2006 and has a history of 18 years and nine months. Its registered office is in Tiruvallur, Tamil Nadu, 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 2.50 M and a paid-up capital of Rs 2.50 M.

The company has closed loans amounting to ₹6.39 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Govindaiah Griddaluruveera and Sulakshana serve as directors at the Company.

Company Details

  • Location

    Tiruvallur, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    veetekindia.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U28910TN2006PTC059535

  • Company No.

    059535

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Apr 2006

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Machinery and Equipment

What products or services does Veetek Storemate Private Limited offer?

Veetek Storemate Private Limited offers a wide range of products and services, including Display Rack, Supermarket Display Rack, Warehouse Racks, Industrial Storage Rack, Metal Rack, MS Rack, Warehouse Mezzanines, Industrial Racks & Storage System, Pallet Racks, Retail Display Stands and Fixtures.

Who are the key members and board of directors at Veetek Storemate?

Board Members (2)

Name Designation Appointment Date Status
Govindaiah Griddaluruveera Country flag representing In Director 18-Apr-2006 Current
Sulakshana Country flag representing In Director 18-Apr-2006 Current

Financial Performance of Veetek Storemate.

Veetek Storemate Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 23.9% increase. The company also saw a substantial improvement in profitability, with a 40.63% increase in profit. The company's net worth Soared by an impressive increase of 23.03%.

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
23.90%
Revenue from Operations
23.94%
Total Assets
5.52%
Profit or Loss
40.63%
Net Worth
23.03%
EBITDA
7.61%

What is the Ownership and Shareholding Structure of Veetek Storemate?

In 2022, Veetek Storemate 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

₹63.93 M

Charges Breakdown by Lending Institutions

  • Others : 4.77 Cr
  • Hdfc Bank Limited : 1.20 Cr
  • Andhra Bank : 0.23 Cr
  • Union Bank Of India : 0.20 Cr

Latest Charge Details

Date Lender Amount Status
29 Sep 2018 Others ₹3.35 Cr Satisfied
08 Nov 2017 Hdfc Bank Limited ₹1.20 Cr Satisfied
30 Dec 2016 Others ₹8.15 M Satisfied
18 Nov 2013 Others ₹6.00 M Satisfied
30 Dec 2011 Andhra Bank ₹2.28 M Satisfied

How Many Employees Work at Veetek Storemate?

Veetek Storemate has a workforce of 14 employees as of Apr 10, 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 Veetek Storemate, 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 Veetek Storemate'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 Veetek Storemate

Recent activity within the organization

  • Annual General Meeting

    Veetek Storemate Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Veetek Storemate Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Charges

    A charge registered on 29 Sep 2018 via Charge ID 100219307 with Others was fully satisfied on 22 May 2023.

    22 May 2023

  • Charges

    A charge with Others of Rs. 33.50 M registered on 29 Sep 2018 with Charge ID 100219307 was modified on 06 May 2019.

    06 May 2019

  • Charges

    A charge registered on 08 Nov 2017 via Charge ID 100138032 with Hdfc Bank Limited was fully satisfied on 09 Nov 2018.

    09 Nov 2018

  • Charges

    A charge with Others amounted to Rs. 33.50 M with Charge ID 100219307 was registered on 29 Sep 2018.

    29 Sep 2018

Frequently asked questions

  • Veetek Storemate Private Limited was incorporated on 18 Apr 2006.

  • The authorized share capital of Veetek Storemate Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.50 M.

  • Currently 2 directors are associated with Veetek Storemate Private Limited.

    • Govindaiah Naidu Griddaluruveera
    • Sulakshana
  • As per Ministry of Corporate Affairs (Mca), the registered address of Veetek Storemate Private Limited is No.389/1 School Road, Mel Ayanabakkam India, Chennai, Tamil Nadu, 600095.

  • The corporate identification number (CIN) of Veetek Storemate Private Limited is U28910TN2006PTC059535 and the company number is 059535 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Veetek Storemate Private Limited is https://www.veetekindia.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Veetek Storemate Private Limited has risen by 23.90%.

  • As Per 2022 financial reports, 14 employees are currently employed by Veetek Storemate Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Veetek Storemate Private Limited has experienced an upsurge of 23.03%.

  • The most recent Balance Sheet for Veetek Storemate Private Limited was filed with the ROC on 31 Mar 2024.

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