Veeyes Engineering Private Limited

Manufacturer of steel and alloy steel castings for oil and gas applications with 2 production units.

2006 | Coimbatore, Tamil Nadu (India) | Merged
Last Updated:

Veeyes Engineering Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.50 Cr
  • Company Age 19 Year, 13 Days
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 18.01 Cr
  • Revenue Growth 102.88%
  • Profit Growth 54.52%
  • Ebitda 34.70%
  • Net Worth 38.64%
  • Total Assets 48.53%

About Veeyes Engineering

Veeyes Engineering Private Limited (VEPL) is Amalgamated company established on 27 Apr 2006 with its office registered at Coimbatore, Tamil Nadu, India and has been running since 19 Year, 13 Days with a paid up capital of 2.50 Cr. According to MCA records, 3 Directors are linked to this company as of 18 Jan 2025.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29199TZ2006PTC012738

  • Company No.

    012738

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Apr 2006

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Machinery and Equipment
Manufacturing

What products or services does Veeyes Engineering Private Limited offer?

Veeyes Engineering Private Limited offers a wide range of products and services, including Industrial Valves & Valve Fittings, Metal Valve, Gate & Sluice Valves, Check Valves.

Company report

Veeyes Engineering Private Limited

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

Who are the key members and board of directors at Veeyes Engineering?

Board Members (3)

NameDesignationAppointment DateStatus
Shanmugam Ezhilan Country flag representing In Director 27-Apr-2006Current
Ramesh Country flag representing In Director 27-Apr-2006Current
Shanmugam Suresh Country flag representing In Director 27-Apr-2006Current

Financial Performance of Veeyes Engineering.

Veeyes Engineering Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 102.88% increase. The company also saw a substantial improvement in profitability, with a 54.52% increase in profit. The company's net worth Soared by an impressive increase of 38.64%.

Veeyes Engineering revenue growth over time
Veeyes Engineering 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
102.88%
Revenue from Operations
101.82%
Total Assets
48.53%
Profit or Loss
54.52%
Net Worth
38.64%
EBITDA
34.70%

What is the Ownership and Shareholding Structure of Veeyes Engineering?

In 2023, Veeyes Engineering had a promoter holding of 92.38% and a public holding of 7.62%. 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

₹18.01 Cr

Charges Breakdown by Lending Institutions

  • Others : 8.35 Cr
  • The South Indian Bank Limited : 7.37 Cr
  • Yes Bank Limited : 2.29 Cr

Latest Charge Details

DateLenderAmountStatus
28 Jun 2022The South Indian Bank Limited₹5.40 CrSatisfied
18 May 2021Others₹1.06 CrSatisfied
22 Jul 2020Yes Bank Limited₹2.93 MSatisfied
18 Sep 2019Yes Bank Limited₹2.00 CrSatisfied
03 Jun 2019Others₹1.22 CrSatisfied

How Many Employees Work at Veeyes Engineering?

Unlock and access historical data on people associated with Veeyes Engineering, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Veeyes Engineering Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Veeyes Engineering, 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 Veeyes Engineering'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 Veeyes Engineering

Recent activity within the organization

  • Charges

    A charge registered on 28 Jun 2022 via Charge ID 100591446 with The South Indian Bank Limited was fully satisfied on 28 Dec 2023.

  • Charges

    A charge registered on 22 Jul 2020 via Charge ID 100360369 with Yes Bank Limited was fully satisfied on 20 Dec 2023.

  • Charges

    A charge registered on 18 Sep 2019 via Charge ID 100291403 with Yes Bank Limited was fully satisfied on 20 Dec 2023.

  • Charges

    A charge registered on 18 May 2021 via Charge ID 100449173 with Others was fully satisfied on 15 Dec 2023.

  • Charges

    A charge registered on 03 Jun 2019 via Charge ID 100276574 with Others was fully satisfied on 15 Dec 2023.

  • Charges

    A charge registered on 24 Apr 2018 via Charge ID 100177496 with Others was fully satisfied on 15 Dec 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Veeyes Engineering Private Limited?

    Veeyes Engineering Private Limited was incorporated on 27 Apr 2006.

  • What is authorized share capital and paid-up capital of Veeyes Engineering Private Limited?

    The authorized share capital of Veeyes Engineering Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.50 Cr.

  • Who are the current board members & directors of Veeyes Engineering Private Limited?

    Currently 3 directors are associated with Veeyes Engineering Private Limited.

    • Shanmugam Ezhilan
    • Ramesh
    • Shanmugam Suresh
  • What is the registered address of Veeyes Engineering Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Veeyes Engineering Private Limited is No 7/38-5 And 6 Athipalayam Road Chinnavedampatty Post India, Coimbatore, Tamil Nadu, 641049.

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

    The corporate identification number (CIN) of Veeyes Engineering Private Limited is U29199TZ2006PTC012738 and the company number is 012738 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Veeyes Engineering Private Limited?

    The Official website of Veeyes Engineering Private Limited is https://www.veeyes.co.in

  • What has been the recent revenue trend for Veeyes Engineering Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Veeyes Engineering Private Limited has risen by 102.88%.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Veeyes Engineering Private Limited has experienced an upsurge of 38.64%.

  • When was the last Balance Sheet of Veeyes Engineering Private Limited filed with the ROC?

    The most recent Balance Sheet for Veeyes Engineering Private Limited was filed with the ROC on 31 Mar 2023.

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