Vineet Udyog Ltd

Manufacturer and exporter of marble, granite, and sandstone products to various countries.

1984 | Kolkata, West Bengal (India) | Active
Last Updated: January 19, 2025

Vineet Udyog Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.28 Cr
  • Company Age 41 Year, 25 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.24 Cr
  • Satisfied Charges ₹ 2.30 Cr
  • Revenue Growth 23.75%
  • Profit Growth 104.90%
  • Ebitda 33.45%
  • Net Worth 0.05%
  • Total Assets -1.80%

About Vineet Udyog

Vineet Udyog Ltd (VUL) is a leading Public Limited Indian Non-Government Company incorporated in India on 06 January 1984 and has a history of 41 years. Its registered office is in Kolkata, West Bengal, 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 1.50 Cr and a paid-up capital of Rs 1.28 Cr.

The company currently has active open charges totaling ₹4.24 Cr. The company has closed loans amounting to ₹2.30 Cr, as per Ministry of Corporate Affairs (MCA) records.

Gun Karnawat, Priti Karnawat, Chetanya Karnawat, and One other member serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51109WB1984PLC037068

  • Company No.

    037068

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    06 Jan 1984

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Manufacturing

Who are the key members and board of directors at Vineet Udyog?

Executive Team (1)

NameDesignationAppointment DateStatus
Gun Karnawat Country flag representing In Managing Director27-Nov-1996Current

Board Members (3)

NameDesignationAppointment DateStatus
Priti Karnawat Country flag representing In Director 31-Mar-2015Current
Chetanya Karnawat Country flag representing In Director 17-Aug-1996Current
Prabuddha Karnawat Country flag representing In Director 17-Aug-1996Current

Financial Performance of Vineet Udyog.

Vineet Udyog Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 23.75% increase. The company also saw a substantial improvement in profitability, with a 104.9% increase in profit. The company's net worth moved up by a moderate rise of 0.05%.

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
23.75%
Revenue from Operations
23.49%
Total Assets
-1.80%
Profit or Loss
104.90%
Net Worth
0.05%
EBITDA
33.45%

What is the Ownership and Shareholding Structure of Vineet Udyog?

In 2022, Vineet Udyog 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

₹4.24 Cr

Satisfied Charges

₹2.30 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 2.36 Cr
  • State Bank Of Bikaner And Jaipur : 1.00 Cr
  • Hdfc Bank Limited : 0.88 Cr

Latest Charge Details

DateLenderAmountStatus
28 May 2020State Bank Of India₹3.60 MOpen
28 Feb 2019Hdfc Bank Limited₹8.83 MOpen
19 Mar 2009State Bank Of Bikaner And Jaipur₹1.00 CrOpen
05 Feb 2009State Bank Of India₹2.00 CrOpen
27 Feb 2015Icici Bank Limited₹4.49 MSatisfied

How Many Employees Work at Vineet Udyog?

Vineet Udyog has a workforce of 5 employees as of Apr 01, 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 Vineet Udyog, 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 Vineet Udyog'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 Vineet Udyog

Recent activity within the organization

  • Annual General Meeting

    Vineet Udyog Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Vineet Udyog Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

    31 Mar 2023

  • Charges

    A charge with State Bank Of India amounted to Rs. 0.36 Cr with Charge ID 100343347 was registered on 28 May 2020.

    28 May 2020

  • Charges

    A charge with State Bank Of India of Rs. 2.00 Cr registered on 05 Feb 2009 with Charge ID 10148957 was modified on 28 May 2020.

    28 May 2020

  • Charges

    A charge registered on 27 Feb 2015 via Charge ID 10573133 with Icici Bank Limited was fully satisfied on 25 Apr 2019.

    25 Apr 2019

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.88 Cr with Charge ID 100258692 was registered on 28 Feb 2019.

    28 Feb 2019

Frequently asked questions

  • Vineet Udyog Ltd was incorporated on 06 Jan 1984.

  • The authorized share capital of Vineet Udyog Ltd is ₹ 1.50 Cr and paid-up capital is ₹ 1.28 Cr.

  • Currently 4 directors are associated with Vineet Udyog Ltd.

    • Gun Sagar Karnawat
    • Priti Karnawat
    • Chetanya Karnawat
    • Prabuddha Karnawat
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vineet Udyog Ltd is 1 Shakespeare Sarani India, Kolkata, West Bengal, 700071.

  • The corporate identification number (CIN) of Vineet Udyog Ltd is U51109WB1984PLC037068 and the company number is 037068 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Vineet Udyog Ltd is https://www.karnawatindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Vineet Udyog Ltd has risen by 23.75%.

  • As Per 2023 financial reports, 5 employees are currently employed by Vineet Udyog Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Vineet Udyog Ltd has experienced an upsurge of 0.05%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Vineet Udyog Ltd amount to ₹ 4.24 Cr.

  • The most recent Balance Sheet for Vineet Udyog Ltd was filed with the ROC on 31 Mar 2023.