Veeyes Steelcast Private Limited

Manufacturer of valve body castings for oil and natural gas applications.

2012 | Coimbatore, Tamil Nadu (India) | Merged
Last Updated: January 15, 2025

Veeyes Steelcast Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 4.00 Cr
  • Company Age 12 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 23.44 Cr
  • Revenue Growth 93.68%
  • Profit Growth -2125.60%
  • Ebitda -20.28%
  • Net Worth -15.31%
  • Total Assets 77.49%

About Veeyes Steelcast

Veeyes Steelcast Private Limited (VSPL) is Amalgamated company established on 22 Mar 2012 with its office registered at Coimbatore, Tamil Nadu, India and has been running since 12 Year, 10 Months with a paid up capital of 4.00 Cr. According to MCA records, 5 Directors are linked to this company as of 15 Jan 2025.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U28910TZ2012PTC018046

  • Company No.

    018046

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Mar 2012

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Manufacturing

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

Board Members (5)

Name Designation Appointment Date Status
Shanmugam Padmavathi Country flag representing In Director 22-Mar-2012 Current
Angamuthu Shanmugam Country flag representing In Director 22-Mar-2012 Current
Shanmugam Ezhilan Country flag representing In Director 22-Mar-2012 Current
Ramesh Country flag representing In Director 22-Mar-2012 Current
Shanmugam Suresh Country flag representing In Director 22-Mar-2012 Current

Financial Performance of Veeyes Steelcast.

Veeyes Steelcast Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 93.68% increase. The company also saw a substantial fall in profitability, with a 2125.6% decrease in profit. The company's net worth observed a substantial decline by a decrease of 15.31%.

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
93.68%
Revenue from Operations
93.38%
Total Assets
77.49%
Profit or Loss
-2125.60%
Net Worth
-15.31%
EBITDA
-20.28%

What is the Ownership and Shareholding Structure of Veeyes Steelcast?

In 2023, Veeyes Steelcast had a promoter holding of 83.75% and a public holding of 16.25%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹23.44 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 13.00 Cr
  • The South Indian Bank Limited : 10.44 Cr

Latest Charge Details

Date Lender Amount Status
29 Aug 2022 State Bank Of India ₹13.00 Cr Open
30 Jul 2012 The South Indian Bank Limited ₹10.44 Cr Open

How Many Employees Work at Veeyes Steelcast?

Veeyes Steelcast has a workforce of 65 employees as of Apr 02, 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 Veeyes Steelcast, 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 Steelcast'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 Steelcast

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

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

    31 Mar 2023

  • Charges

    A charge with The South Indian Bank Limited of Rs. 10.44 Cr registered on 30 Jul 2012 with Charge ID 10377614 was modified on 25 Nov 2022.

    25 Nov 2022

  • Charges

    A charge with State Bank Of India of Rs. 13.00 Cr registered on 29 Aug 2022 with Charge ID 100610133 was modified on 23 Nov 2022.

    23 Nov 2022

  • Charges

    A charge with State Bank Of India amounted to Rs. 13.00 Cr with Charge ID 100610133 was registered on 29 Aug 2022.

    29 Aug 2022

  • Charges

    A charge with The South Indian Bank Limited amounted to Rs. 10.44 Cr with Charge ID 10377614 was registered on 30 Jul 2012.

    30 Jul 2012

Frequently asked questions

  • Veeyes Steelcast Private Limited was incorporated on 22 Mar 2012.

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

  • Currently 5 directors are associated with Veeyes Steelcast Private Limited.

    • Shanmugam Padmavathi
    • Angamuthu Shanmugam
    • Shanmugam Ezhilan
    • Ramesh
    • Shanmugam Suresh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Veeyes Steelcast Private Limited is No 7/38-5 And 6 Athipalayam Road Chinnavedampatty Post India, Coimbatore, Tamil Nadu, 641049.

  • The corporate identification number (CIN) of Veeyes Steelcast Private Limited is U28910TZ2012PTC018046 and the company number is 018046 as per Ministry of Corporate Affairs (MCA).

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

  • According to the financial reports for the fiscal year 2023, the revenue trend for Veeyes Steelcast Private Limited has risen by 93.68%.

  • As Per 2023 financial reports, 65 employees are currently employed by Veeyes Steelcast Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Veeyes Steelcast Private Limited has experienced an downturn of -15.31%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Veeyes Steelcast Private Limited amount to ₹ 23.44 Cr.

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