Veeyem Distributors Private Limited

Authorized distributor of JSW Steel in Kerala since 2016.

2016 | Ernakulam, Kerala (India) | Active
Last Updated: December 07, 2024

Veeyem Distributors Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 8 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 144.96 Cr
  • Satisfied Charges ₹ 10.00 Cr
  • Revenue Growth 4.78%
  • Profit Growth 10.43%
  • Ebitda 79.04%
  • Net Worth 26.10%
  • Total Assets 19.51%

About Veeyem Distributors

Veeyem Distributors Private Limited (VDPL) is a Private Limited Indian Non-Government Company incorporated in India on 04 October 2016 (Eight years and four months 4 days old ). Its registered office is in Ernakulam, Kerala, India.

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 0.10 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹144.96 Cr. The company has closed loans amounting to ₹10.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Manojkumar Viswanatha and Prabhu Rajasree serve as directors at the Company.

Company Details

  • Location

    Ernakulam, Kerala, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U63030KL2016PTC046958

  • Company No.

    046958

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Oct 2016

  • Date of AGM

    29 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Metals and Minerals

Who are the key members and board of directors at Veeyem Distributors?

Executive Team (1)

Name Designation Appointment Date Status
Manojkumar Viswanatha Country flag representing In Managing Director 04-Oct-2016 Current

Board Members (1)

Name Designation Appointment Date Status
Prabhu Rajasree Country flag representing In Director 04-Oct-2016 Current

Financial Performance of Veeyem Distributors.

Veeyem Distributors Private Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 4.78% increase. The company also saw a substantial improvement in profitability, with a 10.43% increase in profit. The company's net worth Soared by an impressive increase of 26.1%.

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
4.78%
Revenue from Operations
5.82%
Total Assets
19.51%
Profit or Loss
10.43%
Net Worth
26.10%
EBITDA
79.04%

What is the Ownership and Shareholding Structure of Veeyem Distributors?

In 2023, Veeyem Distributors 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

₹1,449.60 M

Satisfied Charges

₹100.00 M

Charges Breakdown by Lending Institutions

  • State Bank Of India : 141.96 Cr
  • Others : 3.00 Cr

Latest Charge Details

Date Lender Amount Status
26 Mar 2024 State Bank Of India ₹22.00 Cr Open
28 Jun 2022 State Bank Of India ₹48.00 Cr Open
25 Apr 2022 State Bank Of India ₹23.98 Cr Open
02 Nov 2020 State Bank Of India ₹11.83 Cr Open
16 Mar 2020 Others ₹3.00 Cr Open

How Many Employees Work at Veeyem Distributors?

Veeyem Distributors has a workforce of 7 employees as of Apr 04, 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 Veeyem Distributors, 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 Veeyem Distributors'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 Veeyem Distributors

Recent activity within the organization

  • Annual General Meeting

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

    29 Sep 2024

  • Balance Sheet

    Veeyem Distributors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam.

    31 Mar 2024

  • Charges

    A charge with State Bank Of India amounted to Rs. 220.00 M with Charge ID 100904295 was registered on 26 Mar 2024.

    26 Mar 2024

  • Charges

    A charge with State Bank Of India of Rs. 361.50 M registered on 26 Dec 2019 with Charge ID 100315837 was modified on 05 Jul 2022.

    05 Jul 2022

  • Charges

    A charge with State Bank Of India amounted to Rs. 480.00 M with Charge ID 100595477 was registered on 28 Jun 2022.

    28 Jun 2022

  • Charges

    A charge with State Bank Of India amounted to Rs. 239.80 M with Charge ID 100578567 was registered on 25 Apr 2022.

    25 Apr 2022

Frequently asked questions

  • Veeyem Distributors Private Limited was incorporated on 04 Oct 2016.

  • The authorized share capital of Veeyem Distributors Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Veeyem Distributors Private Limited.

    • Manojkumar Viswanatha
    • Prabhu Rajasree
  • As per Ministry of Corporate Affairs (Mca), the registered address of Veeyem Distributors Private Limited is 2/646, Godown Road Cheranalloor India, Ernakulam, Kerala, 682034.

  • The corporate identification number (CIN) of Veeyem Distributors Private Limited is U63030KL2016PTC046958 and the company number is 046958 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Veeyem Distributors Private Limited is https://www.veeyem.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Veeyem Distributors Private Limited has risen by 4.78%.

  • As Per 2022 financial reports, 7 employees are currently employed by Veeyem Distributors Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Veeyem Distributors Private Limited has experienced an upsurge of 26.10%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Veeyem Distributors Private Limited amount to ₹ 144.96 Cr.

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

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