About Veda Texspares Pvt Ltd
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Veda Texspares Pvt Ltd is a private limited company based in Indore, Madhya Pradesh, India. It operates in the industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 18 January 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U51504MP1994PTC008068. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.68 Lakh. It is led by directors including Paridhi Veda and Richa Veda.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 14 – Dr R.S. Bhandari Marg, Indore, Madhya Pradesh, India – 452003.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.52 Lakh, a growth of 48% compared to the previous year. For the same year it recorded a net profit of ₹13,340 (net margin 5.3%) and EBITDA of ₹18,546 (EBITDA margin 7.4%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 13% over five years.
The company is associated with 1 brand: VEDA Group.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vedagroup.in.
Company details
Contact details
Veda Texspares Pvt Ltd's registered office is in Indore, Madhya Pradesh. Its website is vedagroup.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address14 – Dr R.S. Bhandari Marg, Indore, Madhya Pradesh, India – 452003
- IndustryMachinery and Equipment, Industrial Machinery Retail & Distribution
To see the full contact details of Veda Texspares Pvt Ltd, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Veda Texspares operates one associated brand: VEDA Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of complete line of textile equipment and products | vedagroup.in |
Financials of Veda Texspares Pvt Ltd
FY 2025 filings availableVeda Texspares Pvt Ltd reported revenue of ₹2.52 Lakh (up 48% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 48% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 13%. EBITDA fell 78% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹18,546 | ||||
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| Net Profit (PAT) | ₹13,340 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 7.4% | ||||
| Net Profit Margin | 5.3% | ||||
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To see the full financial statements and ratios of Veda Texspares Pvt Ltd, buy the company report.
Board of directors of Veda Texspares Pvt Ltd
Veda Texspares has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Paridhi Veda | Director | 11 Jun 2024 | 2 Years 4 Months | Current |
| Richa Veda | Director | 18 Jan 1994 | 32 Years 9 Months | Current |
| Ankit Veda Also directs: Ashok Textools Private Limited, Veda Marketing & Consultancy Private Limited, Galadiator Chemicals Pvt. Ltd. and 3 more | Director | 28 Oct 2016 | 9 Years 11 Months | Current |
Peer comparison
Veda Texspares Pvt Ltd is compared with the 3 companies closest to it by revenue in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Veda Texspares Pvt Ltdthis company | ₹2.52 Lakh (FY 2025) | ₹13,340 | 5.3% | 48.0% | Indore, Madhya Pradesh, India | |
| Almas Labs Pvt. Ltd. | ₹2.52 Lakh (FY 2025) | 32.0% | Naihati, West Bengal, India | |||
| Landmark Tools and Equipments Private Limited | ₹2.5 Lakh (FY 2025) | 394.0% | Mumbai, Maharashtra, India | |||
| Nepco Commercial Pvt. Ltd. | ₹2.49 Lakh (FY 2025) | -78.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Veda Texspares Pvt Ltd, buy the company report.
Auditor
Veda Texspares Pvt Ltd is audited by SANDEEP SURENDRA JAIN & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANDEEP SURENDRA JAIN & CO | FY 2021 | 010172C |
Shareholding
The shareholding of Veda Texspares Pvt Ltd is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
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| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Veda Texspares Pvt Ltd, buy the company report.
Legal cases
No court or tribunal cases involving Veda Texspares Pvt Ltd are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Veda Texspares Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Veda Texspares has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Veda Texspares Pvt Ltd, buy the company report.
Recent activity
Veda Texspares Pvt Ltd has 7 board changes on record since 1994: 3 appointments and 4 cessations. The latest: Paridhi Veda ceased to be Additional Director on 29 Sep 2024.
Frequently asked questions
Veda Texspares is an active private limited company based in Indore, Madhya Pradesh, India. The company works in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 18 January 1994 (32+ years old) and is registered under CIN U51504MP1994PTC008068.
Veda Texspares has 3 current directors:
- Paridhi Veda - Director
- Richa Veda - Director
- Ankit Veda - Director
The latest financial statements of Veda Texspares on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
No. Veda Texspares has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Veda Texspares is U51504MP1994PTC008068. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Veda Texspares was incorporated on 18 January 1994, making it 32+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Veda Texspares by revenue are Almas Labs Pvt. Ltd, Landmark Tools and Equipments Private Limited, Nepco Commercial Pvt. Ltd, all in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution), with the same principal business activity (wholesale trading).
Paridhi Veda ceased to be Additional Director on 29 Sep 2024. Paridhi Veda was appointed as Director on 11 Jun 2024. Ashok Veda ceased to be Director on 27 Jan 2024. Veda Texspares has 7 board changes on record in total.
Veda Texspares can be reached through the website vedagroup.in. Its registered office is in Indore, Madhya Pradesh, India.
The registered office of Veda Texspares is at 14 – Dr R.S. Bhandari Marg, Indore, Madhya Pradesh, India – 452003.
Veda Texspares operates in the machinery and equipment industry, in the industrial machinery retail and distribution segment.