Veta Industries (India) Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 1.70 Cr
- Company Age 18 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 13.87 Cr
- Revenue Growth 54.38%
- Profit Growth 553.40%
- Ebitda -13.97%
- Net Worth 4.44%
- Total Assets -3.80%
About Veta Industries (India)
Veta Industries (India) Private Limited (VIIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 04 October 2006 and has a history of 18 years and four months. Its registered office is in Tiruvallur, Tamil Nadu, India.
The Company is engaged in the Automotive 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 2.00 Cr and a paid-up capital of Rs 1.70 Cr.
The company currently has active open charges totaling ₹13.87 Cr.
Ashokkumar Sambandam, Rani Ashokkumar, and Sambandam Anandan serve as directors at the Company.
Company Details
-
Location
Tiruvallur, Tamil Nadu, India
-
Telephone
+91-XXXXXXXXXX
- Email Address
-
Website
-
-
Social Media
-
Corporate Identity Details
-
CIN/LLPIN
U15135TN2006PTC061248
-
Company No.
061248
-
Company Classification
Private Limited Indian Non-Government Company
-
Incorporation Date
04 Oct 2006
-
Date of AGM
30 Sep 2024
-
Date of Balance Sheet
31 Mar 2024
-
Listing Status
Unlisted
-
ROC Code
Roc Chennai
Industry
Who are the key members and board of directors at Veta Industries (India)?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ashokkumar Sambandam
|
Managing Director | 04-Oct-2006 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Rani Ashokkumar
|
Director | 26-Jul-2013 | Current |
|
Sambandam Anandan
|
Director | 25-Feb-2008 | Current |
Financial Performance of Veta Industries (India).
Veta Industries (India) Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 54.38% increase. The company also saw a substantial improvement in profitability, with a 553.4% increase in profit. The company's net worth moved up by a moderate rise of 4.44%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
|
(FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
|
||||||
| Revenue from Operations |
|
||||||
| Total Assets |
|
||||||
| Profit or Loss |
|
||||||
| Net Worth |
|
||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Veta Industries (India)?
In 2022, Veta Industries (India) had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
-
A & A Green Agro Farms Private LimitedAshokkumar Sambandam and Sambandam Anandan are mutual person
-
Vishesh Products Private Limited
Ashokkumar Sambandam is a mutual person
-
Ishan Travel Solutions India Private Limited
Ashokkumar Sambandam is a mutual person
-
Gain Labs Private Limited
Rani Ashokkumar is a mutual person
Charges (Loans)
₹13.87 Cr
₹0
Charges Breakdown by Lending Institutions
- Indian Overseas Bank : 10.15 Cr
- The Tamil Nadu Industrial Investment Corporation Limited : 2.60 Cr
- Others : 0.83 Cr
- Electronica Finance Limited : 0.30 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Aug 2024 | Others | ₹1.81 M | Open |
| 25 Aug 2022 | Others | ₹1.75 M | Open |
| 10 Sep 2018 | Others | ₹1.64 M | Open |
| 23 Aug 2017 | Others | ₹2.14 M | Open |
| 27 Mar 2017 | Others | ₹0.93 M | Open |
How Many Employees Work at Veta Industries (India)?
Veta Industries (India) has a workforce of 40 employees as of Mar 21, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Veta Industries (India), 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 Veta Industries (India)'s trajectory.
Rating
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
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.
