Veeyes Foundry Private Limited

Manufacturer of castings with global clients and ISO certification, located in Coimbatore, India.

1995 | Coimbatore, Tamil Nadu (India) | Merged
Last Updated:

Veeyes Foundry Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 3.96 Cr
  • Company Age 29 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 5.95 M
  • Revenue Growth 55.57%
  • Profit Growth 72.72%
  • Ebitda 59.53%
  • Net Worth -289.73%
  • Total Assets 9.12%

About Veeyes Foundry

Veeyes Foundry Private Limited (VFPL) is Amalgamated company established on 07 Jul 1995 with its office registered at Coimbatore, Tamil Nadu, India and has been running since 29 Year, 10 Months with a paid up capital of 3.96 Cr. According to MCA records, 4 Directors are linked to this company as of 17 Jan 2025.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27310TZ1995PTC006322

  • Company No.

    006322

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Jul 1995

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Environment
Manufacturing

What products or services does Veeyes Foundry Private Limited offer?

Veeyes Foundry Private Limited offers a wide range of products and services, including Ball Valves, Two Piece Ball Valve, Gate & Sluice Valves, Industrial Gate Valve, Butterfly Valves, Resilient Seated Butterfly Valve, Trunnion Ball Valve, Industrial Valves & Valve Fittings, Knife Gate Valves, Globe Valves.

Company report

Veeyes Foundry Private Limited

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

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

Executive Team (1)

NameDesignationAppointment DateStatus
Angamuthu Shanmugam Country flag representing In Managing Director11-Mar-1998Current

Board Members (3)

NameDesignationAppointment DateStatus
Shanmugam Padmavathi Country flag representing In Director 28-Jan-2013Current
Shanmugam Ezhilan Country flag representing In Director 07-Jul-1995Current
Shanmugam Suresh Country flag representing In Director 20-Jan-2022Current

Financial Performance of Veeyes Foundry.

Veeyes Foundry Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 55.57% increase. The company also saw a substantial improvement in profitability, with a 72.72% increase in profit. The company's net worth observed a substantial decline by a decrease of 289.73%.

Veeyes Foundry revenue growth over time
Veeyes Foundry 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
55.57%
Revenue from Operations
56.26%
Total Assets
9.12%
Profit or Loss
72.72%
Net Worth
-289.73%
EBITDA
59.53%

What is the Ownership and Shareholding Structure of Veeyes Foundry?

In 2023, Veeyes Foundry 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

₹0.59 Cr

Charges Breakdown by Lending Institutions

  • Reliance Capital Ltd : 0.50 Cr
  • Hdfc Bank Limited : 0.09 Cr

Latest Charge Details

DateLenderAmountStatus
24 Jun 2021Hdfc Bank Limited₹0.95 MSatisfied
29 Oct 2011Reliance Capital Ltd₹5.00 MSatisfied

How Many Employees Work at Veeyes Foundry?

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

Employee growth trends for Veeyes Foundry Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Charges

    A charge registered on 29 Oct 2011 via Charge ID 10315431 with Reliance Capital Ltd was fully satisfied on 07 Dec 2023.

  • Charges

    A charge registered on 24 Jun 2021 via Charge ID 100472476 with Hdfc Bank Limited was fully satisfied on 19 Nov 2023.

  • Annual General Meeting

    Veeyes Foundry Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Veeyes Foundry Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

  • Director Appointment

    Shanmugam Suresh was appointed as a Director was appointed as a Director on 20 Jan 2022 & has been associated with this company since 3 years 3 months .

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.09 Cr with Charge ID 100472476 was registered on 24 Jun 2021.

Frequently asked questions

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

    Veeyes Foundry Private Limited was incorporated on 07 Jul 1995.

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

    The authorized share capital of Veeyes Foundry Private Limited is ₹ 4.00 Cr and paid-up capital is ₹ 3.96 Cr.

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

    Currently 4 directors are associated with Veeyes Foundry Private Limited.

    • Shanmugam Padmavathi
    • Angamuthu Shanmugam
    • Shanmugam Ezhilan
    • Shanmugam Suresh
  • What is the registered address of Veeyes Foundry Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Veeyes Foundry 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 Foundry Private Limited?

    The corporate identification number (CIN) of Veeyes Foundry Private Limited is U27310TZ1995PTC006322 and the company number is 006322 as per Ministry of Corporate Affairs (MCA).

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

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

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Veeyes Foundry Private Limited has risen by 55.57%.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Veeyes Foundry Private Limited has experienced an downturn of -289.73%.

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

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

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