Veta Industries (India) Private Limited
Manufactures and supplies automobile components, including drum brakes and shafts.
2006 | Tiruvallur, Tamil Nadu (India) | Active
Veta Industries (India) Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 1.70 Cr
- Company Age 18 Year, 7 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 seven 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
Automotive
Veta Industries (India) Private Limited
Explore comprehensive data for Veta Industries (India) Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
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
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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.
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Ashokkumar Sambandam and Sambandam Anandan are mutual person
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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)
Open Charges
₹13.87 Cr
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Veta Industries (India)
Recent activity within the organization
- Annual General Meeting
Veta Industries (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge with Others amounted to Rs. 0.18 Cr with Charge ID 100978733 was registered on 28 Aug 2024.
- Balance Sheet
Veta Industries (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
- Charges
A charge with Indian Overseas Bank of Rs. 10.06 Cr registered on 29 Sep 2010 with Charge ID 10250108 was modified on 01 Dec 2023.
- Charges
A charge with Others amounted to Rs. 0.18 Cr with Charge ID 100606962 was registered on 25 Aug 2022.
- Charges
A charge with Others amounted to Rs. 0.16 Cr with Charge ID 100222427 was registered on 10 Sep 2018.
Frequently asked questions
What is the Incorporation or founding date of Veta Industries (India) Private Limited?
Veta Industries (India) Private Limited was incorporated on 04 Oct 2006.
What is authorized share capital and paid-up capital of Veta Industries (India) Private Limited?
The authorized share capital of Veta Industries (India) Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.70 Cr.
Who are the current board members & directors of Veta Industries (India) Private Limited?
Currently 3 directors are associated with Veta Industries (India) Private Limited.
- Ashokkumar Sambandam
- Rani Ashokkumar
- Sambandam Anandan
What is the registered address of Veta Industries (India) Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Veta Industries (India) Private Limited is No. 259/2, P. K. M. Road Atthipet India, Chennai, Tamil Nadu, 600058.
What is the corporate identification number (CIN) and company number of Veta Industries (India) Private Limited?
The corporate identification number (CIN) of Veta Industries (India) Private Limited is U15135TN2006PTC061248 and the company number is 061248 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Veta Industries (India) Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Veta Industries (India) Private Limited has risen by 54.38%.
How many employees does Veta Industries (India) Private Limited currently have?
As Per 2022 financial reports, 40 employees are currently employed by Veta Industries (India) Private Limited.
What change has been observed in the net worth of Veta Industries (India) Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Veta Industries (India) Private Limited has experienced an upsurge of 4.44%.
What are the total open charges for Veta Industries (India) Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Veta Industries (India) Private Limited amount to ₹ 13.87 Cr.
When was the last Balance Sheet of Veta Industries (India) Private Limited filed with the ROC?
The most recent Balance Sheet for Veta Industries (India) Private Limited was filed with the ROC on 31 Mar 2024.
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