Veto Electropowers (India) Profile
Key Indicators
- Authorised Capital ₹ 26.00 Cr
- Paid Up Capital ₹ 18.63 Cr
- Company Age 17 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- 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 11 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 2024. 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 are Reema Agarwal as COMPANY SECRETARY and Reema Gupta as Company Secretary. Akshay Gurnani and Narain 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 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Manufacturing
Veto Electropowers (India) Private Limited
Explore comprehensive data for Veto Electropowers (India) Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Veto Electropowers (India)?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Reema Agarwal | Company Secretary | 01-Apr-2023 | Current |
| Reema Gupta | Company Secretary | 09-May-2023 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Akshay Gurnani  | Director | 27-Sep-2014 | Current |
| Narain 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
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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 LimitedAkshay Gurnani and Narain Gurnani are mutual person
- Veto Led Lightings Private Limited
Akshay Gurnani and Narain 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
- Wizard Multitrade Private Limited
Reema Gupta is a mutual person
Charges (Loans)
Open Charges
₹404.53 Cr
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Veto Electropowers (India)
Recent activity within the organization
- Annual General Meeting
Veto Electropowers (India) Private Limited last Annual general meeting of members was held on 29 Sep 2024 as per latest MCA records.
- Balance Sheet
Veto Electropowers (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge with Sbicap Trustee Company Limited of Rs. 250.00 Cr registered on 04 Dec 2023 with Charge ID 100825216 was modified on 05 Dec 2023.
- Charges
A charge with Sbicap Trustee Company Limited amounted to Rs. 250.00 Cr with Charge ID 100825216 was registered on 04 Dec 2023.
- Charges
A charge registered on 13 Jan 2016 via Charge ID 10621411 with Indian Overseas Bank was fully satisfied on 22 Sep 2023.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 46.03 Cr with Charge ID 100745309 was registered on 05 Jun 2023.
Frequently asked questions
What is the Incorporation or founding date of Veto Electropowers (India) Private Limited?
Veto Electropowers (India) Private Limited was incorporated on 20 Mar 2007.
What is authorized share capital and paid-up capital of Veto Electropowers (India) Private Limited?
The authorized share capital of Veto Electropowers (India) Private Limited is ₹ 26.00 Cr and paid-up capital is ₹ 18.63 Cr.
Who are the current board members & directors of Veto Electropowers (India) Private Limited?
Currently 4 directors are associated with Veto Electropowers (India) Private Limited.
- Reema Agarwal
- Reema Gupta
- Akshay Kumar Gurnani
- Narain Das Gurnani
What is the registered address of Veto Electropowers (India) Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Veto Electropowers (India) Private Limited is 506 5Th Floor Plot No. B-9 Landmark Building New Link Road, Andher I (West) India, Mumbai, Maharashtra, 400058.
What is the corporate identification number (CIN) and company number of Veto Electropowers (India) Private Limited?
The corporate identification number (CIN) of Veto Electropowers (India) Private Limited is U31909MH2007PTC168956 and the company number is 168956 as per Ministry of Corporate Affairs (MCA).
What is the official website of Veto Electropowers (India) Private Limited?
The Official website of Veto Electropowers (India) Private Limited is https://www.vetoelectropowers.com
What has been the recent revenue trend for Veto Electropowers (India) Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Veto Electropowers (India) Private Limited has fallen by -70.34%.
How many employees does Veto Electropowers (India) Private Limited currently have?
As Per 2023 financial reports, 10 employees are currently employed by Veto Electropowers (India) Private Limited.
What change has been observed in the net worth of Veto Electropowers (India) Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Veto Electropowers (India) Private Limited has experienced an upsurge of 0.62%.
What are the total open charges for Veto Electropowers (India) Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Veto Electropowers (India) Private Limited amount to ₹ 404.53 Cr.
When was the last Balance Sheet of Veto Electropowers (India) Private Limited filed with the ROC?
The most recent Balance Sheet for Veto Electropowers (India) Private Limited was filed with the ROC on 31 Mar 2024.
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