Veto Electricals Private Limited

Manufacturer of electrical accessories, wires, cables, CFL/T5 fittings, fans, and LED lights.

2008 | Jaipur, Rajasthan (India) | Active
Last Updated: July 31, 2024

Veto Electricals Profile

Key Indicators

  • Authorised Capital ₹ 9.00 Cr
  • Paid Up Capital ₹ 9.00 Cr
  • Company Age 16 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 10.88 Cr
  • Revenue Growth -14.05%
  • Profit Growth 14.23%
  • Ebitda 19.24%
  • Net Worth 16.20%
  • Total Assets -18.40%

About Veto Electricals

Veto Electricals Private Limited (VEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 24 March 2008 and has a history of 16 years and ten months. Its registered office is in Jaipur, Rajasthan, India.

The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 9.00 Cr and a paid-up capital of Rs 9.00 Cr.

The company currently has active open charges totaling ₹10.88 Cr.

Govind Thawani, Akshay Gurnani, and Jitendra Kumar serve as directors at the Company.

Company Details

  • Location

    Jaipur, Rajasthan, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U31300RJ2008PTC026189

  • Company No.

    026189

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Mar 2008

  • Date of AGM

    25 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jaipur

Industry

Manufacturing

Who are the key members and board of directors at Veto Electricals?

Board Members (3)

NameDesignationAppointment DateStatus
Govind Thawani Country flag representing In Director 30-Jan-2013Current
Akshay Gurnani Country flag representing In Director 23-Jun-2017Current
Jitendra Kumar Country flag representing In Director 14-Nov-2014Current

Financial Performance of Veto Electricals.

Veto Electricals Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 14.05% decrease. The company also saw a substantial improvement in profitability, with a 14.23% increase in profit. The company's net worth Soared by an impressive increase of 16.2%.

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
-14.05%
Revenue from Operations
-15.46%
Total Assets
-18.40%
Profit or Loss
14.23%
Net Worth
16.20%
EBITDA
19.24%

What is the Ownership and Shareholding Structure of Veto Electricals?

In 2023, Veto Electricals 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

₹10.88 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Sbicap Trustee Company Limited : 10.88 Cr

Latest Charge Details

DateLenderAmountStatus
29 May 2023Sbicap Trustee Company Limited₹10.88 CrOpen

How Many Employees Work at Veto Electricals?

Veto Electricals has a workforce of 7 employees as of Apr 09, 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 Veto Electricals, 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 Veto Electricals'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 Veto Electricals

Recent activity within the organization

  • Annual General Meeting

    Veto Electricals Private Limited last Annual general meeting of members was held on 25 Sep 2023 as per latest MCA records.

    25 Sep 2023

  • Charges

    A charge with Sbicap Trustee Company Limited of Rs. 10.88 Cr registered on 29 May 2023 with Charge ID 100734293 was modified on 30 Jun 2023.

    30 Jun 2023

  • Charges

    A charge with Sbicap Trustee Company Limited amounted to Rs. 10.88 Cr with Charge ID 100734293 was registered on 29 May 2023.

    29 May 2023

  • Balance Sheet

    Veto Electricals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Jaipur.

    31 Mar 2023

  • Director Appointment

    Akshay Kumar Gurnani was appointed as a Director was appointed as a Director on 23 Jun 2017 & has been associated with this company since 7 years 7 months .

    23 Jun 2017

  • Director Appointment

    Jitendra Kumar was appointed as a Director was appointed as a Director on 14 Nov 2014 & has been associated with this company since 10 years 2 months .

    14 Nov 2014

Recent News, Updates & Announcement

Frequently asked questions

  • Veto Electricals Private Limited was incorporated on 24 Mar 2008.

  • The authorized share capital of Veto Electricals Private Limited is ₹ 9.00 Cr and paid-up capital is ₹ 9.00 Cr.

  • Currently 3 directors are associated with Veto Electricals Private Limited.

    • Govind Ram Thawani
    • Akshay Kumar Gurnani
    • Jitendra Kumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Veto Electricals Private Limited is 4Th Floor Days Hotel Plot No 10 Airport Plaza Scheme Behind Radisson Blu Tonk Road, Jaipur, Rajasthan, India, 302018.

  • The corporate identification number (CIN) of Veto Electricals Private Limited is U31300RJ2008PTC026189 and the company number is 026189 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Veto Electricals Private Limited is https://www.vetoswitchgears.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Veto Electricals Private Limited has fallen by -14.05%.

  • As Per 2023 financial reports, 7 employees are currently employed by Veto Electricals Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Veto Electricals Private Limited has experienced an upsurge of 16.20%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Veto Electricals Private Limited amount to ₹ 10.88 Cr.

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

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