Veto Electropowers (India) Profile
Key Indicators
- Authorised Capital ₹ 26.00 Cr
- Paid Up Capital ₹ 18.63 Cr
- Company Age 17 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 404.53 Cr
- Satisfied Charges ₹ 56.00 Cr
- Revenue Growth -70.34%
- Profit Growth -80.21%
- Ebitda 111.36%
- Net Worth 0.62%
- Total Assets 0.61%
About Veto Electropowers (India)
Veto Electropowers (India) Private Limited (VEIPL) is a Private Limited Indian Non-Government Company incorporated in India on 20 March 2007 and has a history of 17 years and ten months. Its registered office is in Mumbai, Maharashtra, 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 26.00 Cr and a paid-up capital of Rs 18.63 Cr.
The company currently has active open charges totaling ₹404.53 Cr. The company has closed loans amounting to ₹56.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Veto Electropowers (India) Private Limited India is Reema Agarwal as COMPANY SECRETARY. Narain Gurnani and Akshay Gurnani serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media-
Corporate Identity Details
- CIN/LLPIN
U31909MH2007PTC168956
- Company No.
168956
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
20 Mar 2007
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Veto Electropowers (India)?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Reema Agarwal | Company Secretary | 01-Apr-2023 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Narain Gurnani  | Director | 20-Mar-2007 | Current |
| Akshay Gurnani | Director | 27-Sep-2014 | Current |
Financial Performance of Veto Electropowers (India).
Veto Electropowers (India) Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 70.34% decrease. The company also saw a substantial fall in profitability, with a 80.21% decrease in profit. The company's net worth moved up by a moderate rise of 0.62%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Veto Electropowers (India)?
In 2023, Veto Electropowers (India) had a promoter holding of 63.77% and a public holding of 36.23%. The company had 5 Subsidiaries and 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Veto Switchgears And Cables LimitedNarain Gurnani and Akshay Gurnani are mutual person
- Veto Led Lightings Private Limited
Narain Gurnani and Akshay Gurnani are mutual person
- Veto Electricals Private Limited
Akshay Gurnani is a mutual person
- Vankon Switchgears And Cables Private Limited
Akshay Gurnani is a mutual person
Vankon Modular Private LimitedAkshay Gurnani is a mutual person
Esma Constructions Private LimitedNarain Gurnani is a mutual person
Charges (Loans)
₹404.53 Cr
₹56.00 Cr
Charges Breakdown by Lending Institutions
- Sbicap Trustee Company Limited : 250.00 Cr
- Others : 90.00 Cr
- Hdfc Bank Limited : 46.03 Cr
- Bank Of Baroda : 18.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Dec 2023 | Sbicap Trustee Company Limited | ₹250.00 Cr | Open |
| 05 Jun 2023 | Hdfc Bank Limited | ₹46.03 Cr | Open |
| 12 Oct 2021 | Others | ₹90.00 Cr | Open |
| 12 Jun 2007 | Bank Of Baroda | ₹18.50 Cr | Open |
| 15 Feb 2020 | Yes Bank Limited | ₹7.19 Cr | Satisfied |
How Many Employees Work at Veto Electropowers (India)?
Veto Electropowers (India) has a workforce of 10 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Veto Electropowers (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 Veto Electropowers (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.
