Veetrag Textiles Private Limited

Veetrag Textiles Private Limited

Textile trading and manufacturing of cotton, wool, silk, and other related articles.
1993 | Chennai, Tamil Nadu (India) | Active

Last Updated:

December 04, 2024
HomeCompanyVeetrag Textiles Private Limited

Who are the key members and board of directors at Veetrag Textiles?

Executive Team (1)

NameDesignationAppointment DateStatus
Nemichand InManaging Director23-Mar-1993Current

Board Members(3)

NameDesignationAppointment DateStatus
Suraj Singhvi In Whole-Time Director 23-Mar-1993Current
Nemichand Rakesh In Whole-Time Director 01-Sep-2001Current
Rakesh Singhvi In Whole-Time Director 01-Apr-2008Current

Financial Performance of Veetrag Textiles.

Veetrag Textiles Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 37.33% increase. The company also saw a substantial improvement in profitability, with a 132.98% increase in profit. The company's net worth moved up by a moderate rise of 5.54%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
37.33%
Revenue from Operations
36.04%
Total Assets
6.79%
Profit or Loss
132.98%
Net Worth
5.54%
EBITDA
339.78%

Charges (Loans)

Satisfied Charges

₹55.07 M

LenderAmountStatus

Hdfc Bank Limited

Creation Date: 31 Jan 2007
₹4.29 CrSatisfied

Hdfc Bank Limited

Creation Date: 23 Jun 2005
₹1.00 CrSatisfied

Hdfc Bank Ltd.

Creation Date: 30 May 2003
₹2.00 MSatisfied

How Many Employees Work at Veetrag Textiles?

Veetrag Textiles has a workforce of 33 employees as of Apr 06, 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.

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Latest Updates, News, and FAQs on Veetrag Textiles

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Veetrag Textiles 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 06 Mar 1996 via Charge ID 90284455 with Sundaram Finance Ltd. was fully satisfied on 17 Nov 2023.

    17 Nov 2023

  • Charges

    A charge registered on 31 Jan 2007 via Charge ID 10040863 with Hdfc Bank Limited was fully satisfied on 27 Oct 2023.

    27 Oct 2023

  • Charges

    A charge registered on 23 Jun 2005 via Charge ID 90288211 with Hdfc Bank Limited was fully satisfied on 27 Oct 2023.

    27 Oct 2023

  • Charges

    A charge registered on 30 May 2003 via Charge ID 90282434 with Hdfc Bank Ltd. was fully satisfied on 27 Oct 2023.

    27 Oct 2023

Frequently asked questions

  • Veetrag Textiles Private Limited was incorporated on 23 Mar 1993.

  • The authorized share capital of Veetrag Textiles Private Limited is ₹ 2.00 M and paid-up capital is ₹ 2.00 M.

  • Currently 4 directors are associated with Veetrag Textiles Private Limited.

    • Nemichand
    • Suraj Kanwar Singhvi
    • Nemichand Rakesh
    • Rakesh Pramila Singhvi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Veetrag Textiles Private Limited is 56 G.N.Chetty Road T.Nagar, India, T.Nagar Chennai-17, Tamil Nadu, 600017.

  • The corporate identification number (CIN) of Veetrag Textiles Private Limited is U17116TN1993PTC024667 and the company number is 024667 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Veetrag Textiles Private Limited has risen by 37.33%.

  • As Per 2022 financial reports, 33 employees are currently employed by Veetrag Textiles Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Veetrag Textiles Private Limited has experienced an upsurge of 5.54%.

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

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