Veeto Velvets Private Limited

Textile manufacturing and handloom goods production with a focus on velvet fabric.

2007 | Delhi (India) | Active
Last Updated:

Veeto Velvets Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 4.23 M
  • Company Age 18 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 3.20 Cr
  • Revenue Growth -38.88%
  • Profit Growth -37.13%
  • Ebitda -68.05%
  • Net Worth 9.03%
  • Total Assets -21.34%

About Veeto Velvets

Veeto Velvets Private Limited (VVPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 09 March 2007 and has a history of 18 years and one month. Its registered office is in Delhi, India.

The Company is engaged in the Manufacturing 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 5.00 M and a paid-up capital of Rs 4.23 M.

The company has closed loans amounting to ₹3.20 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Sunita Saluja and Nitish Saluja serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U18105DL2007PTC160375

  • Company No.

    160375

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Mar 2007

  • Date of AGM

    29 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Manufacturing
Company report

Veeto Velvets Private Limited

Explore comprehensive data for Veeto Velvets Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Veeto Velvets?

Board Members (2)

NameDesignationAppointment DateStatus
Sunita Saluja Country flag representing In Director 09-Mar-2007Current
Nitish Saluja Country flag representing In Director 01-Sep-2011Current

Financial Performance of Veeto Velvets.

Veeto Velvets Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 38.88% decrease. The company also saw a substantial fall in profitability, with a 37.13% decrease in profit. The company's net worth moved up by a moderate rise of 9.03%.

Veeto Velvets revenue growth over time
Veeto Velvets 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
-38.88%
Revenue from Operations
-38.87%
Total Assets
-21.34%
Profit or Loss
-37.13%
Net Worth
9.03%
EBITDA
-68.05%

What is the Ownership and Shareholding Structure of Veeto Velvets?

In 2023, Veeto Velvets had a public holding of 20.14%. 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

₹31.95 M

Charges Breakdown by Lending Institutions

  • Punjab National Bank : 3.05 Cr
  • Others : 0.15 Cr

Latest Charge Details

DateLenderAmountStatus
29 Mar 2017Others₹1.50 MSatisfied
12 Dec 2011Punjab National Bank₹1.10 MSatisfied
07 Jul 2011Punjab National Bank₹0.35 MSatisfied
01 Nov 2010Punjab National Bank₹9.00 MSatisfied
27 Feb 2009Punjab National Bank₹7.50 MSatisfied

How Many Employees Work at Veeto Velvets?

Veeto Velvets has a workforce of 7 employees as of Apr 08, 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.

Employee growth trends for Veeto Velvets Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Veeto Velvets, 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 Veeto Velvets'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 Veeto Velvets

Recent activity within the organization

  • Annual General Meeting

    Veeto Velvets Private Limited last Annual general meeting of members was held on 29 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Veeto Velvets Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

  • Charges

    A charge registered on 29 May 2007 via Charge ID 10060085 with Punjab National Bank was fully satisfied on 17 Oct 2018.

  • Charges

    A charge registered on 29 Mar 2017 via Charge ID 100086257 with Others was fully satisfied on 20 Sep 2018.

  • Charges

    A charge registered on 12 Dec 2011 via Charge ID 10326717 with Punjab National Bank was fully satisfied on 20 Sep 2018.

  • Charges

    A charge registered on 07 Jul 2011 via Charge ID 10303649 with Punjab National Bank was fully satisfied on 20 Sep 2018.

Frequently asked questions

  • What is the Incorporation or founding date of Veeto Velvets Private Limited?

    Veeto Velvets Private Limited was incorporated on 09 Mar 2007.

  • What is authorized share capital and paid-up capital of Veeto Velvets Private Limited?

    The authorized share capital of Veeto Velvets Private Limited is ₹ 5.00 M and paid-up capital is ₹ 4.23 M.

  • Who are the current board members & directors of Veeto Velvets Private Limited?

    Currently 2 directors are associated with Veeto Velvets Private Limited.

    • Sunita Saluja
    • Nitish Saluja

  • What is the registered address of Veeto Velvets Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Veeto Velvets Private Limited is 379 Majsid Mor South Extension Part-Ii, India, New Delhi, 110049.

  • What is the corporate identification number (CIN) and company number of Veeto Velvets Private Limited?

    The corporate identification number (CIN) of Veeto Velvets Private Limited is U18105DL2007PTC160375 and the company number is 160375 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Veeto Velvets Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Veeto Velvets Private Limited has fallen by -38.88%.

  • How many employees does Veeto Velvets Private Limited currently have?

    As Per 2023 financial reports, 7 employees are currently employed by Veeto Velvets Private Limited.

  • What change has been observed in the net worth of Veeto Velvets Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Veeto Velvets Private Limited has experienced an upsurge of 9.03%.

  • When was the last Balance Sheet of Veeto Velvets Private Limited filed with the ROC?

    The most recent Balance Sheet for Veeto Velvets Private Limited was filed with the ROC on 31 Mar 2024.

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