Veeline Power Solutions Private Limited
About Veeline Power Solutions Private Limited
Data last updated:
Veeline Power Solutions Private Limited was a private limited company based in Chennai, Tamil Nadu, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the transport equipment segment of the electrical equipment sector. It was incorporated on 25 June 2012.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U52300TN2012PTC086478. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Vadaveerram Simon Anthony Samy Arockysamy (Managing Director) and Venkateswara Rao Nerella.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at Plot No 28 H.No:1 Surya Prakasam Street Krishnapuram Ambattur, Chennai, Tamil Nadu, India – 600053.
As per the financials filed for FY 2016, the company reported a revenue of ₹1.04 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹20,940 (net margin 0.2%) and EBITDA of ₹45,271 (EBITDA margin 0.4%).
Company details
Contact details
Veeline Power Solutions Private Limited's registered office is in Chennai, Tamil Nadu.
- Registered AddressPlot No 28 H.No:1 Surya Prakasam Street Krishnapuram Ambattur, Chennai, Tamil Nadu, India – 600053
- IndustryElectrical, Transport Equipment, Electrical Equipment, General Purpose and Special Purpose Machinery & Equipment
- 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
Business activity
The main business activity of Veeline Power Solutions is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Veeline Power Solutions Private Limited, buy the company report.
Financials of Veeline Power Solutions Private Limited
FY 2016 filings availableVeeline Power Solutions Private Limited reported revenue of ₹1.04 Cr (up 8% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 8% in the latest year. EBITDA fell 64% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
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| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
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| EBITDA | ₹45,271 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹20,940 | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
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Financial Ratios
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 0.4% | |
| Net Profit Margin | 0.2% | |
| Return on Equity (ROE) | ||
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| Return on Assets (ROA) | ||
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| Efficiency and Growth | ||
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To see the full financial statements and ratios of Veeline Power Solutions Private Limited, buy the company report.
Board of directors of Veeline Power Solutions Private Limited
Veeline Power Solutions has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vadaveerram Simon Anthony Samy Arockysamy | Managing Director | 25 Jun 2012 | 14 Years 4 Months | As last reported |
| Venkateswara Rao Nerella Also directs: V Max Power Controls Private Limited | Director | 25 Jun 2012 | 14 Years 4 Months | As last reported |
| Srinivasa Varma Chilakalapudi | Director | 25 Jun 2012 | 14 Years 4 Months | As last reported |
| Srivalli Nerella Also directs: V Max Power Controls Private Limited | Director | 01 Jan 2015 | 11 Years 10 Months | As last reported |
Peer comparison
Veeline Power Solutions Private Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Chara Technologies Private Limited | ₹1.04 Cr (FY 2025) | -55.0% | Bangalore, Karnataka, India | |||
| Rolodax India Private Limited | ₹1.04 Cr (FY 2025) | 23.0% | Faridabad, Haryana, India | |||
| Cog Industries Private Limited | ₹1.04 Cr (FY 2025) | 65.0% | Hyderabad, Telangana, India | |||
| VLP Electric Company Private Limited | ₹1.04 Cr (FY 2024) | -56.0% | Bangalore, Karnataka, India | |||
| Torqton India Private Limited | ₹1.04 Cr (FY 2024) | 48.0% | Bangalore, Karnataka, India | |||
| Veeline Power Solutions Private Limitedthis company | ₹1.04 Cr (FY 2016) | ₹20,940 | 0.2% | 8.0% | Chennai, Tamil Nadu, India | |
| Metamorph Engineering (India) Private Limited | ₹1.04 Cr (FY 2022) | -79.0% | Thane, Maharashtra, India | |||
| Vtria Engineering Solutions Private Limited | ₹1.04 Cr (FY 2024) | 59.0% | Mangalore, Karnataka, India | |||
| Abhinav Mep Engineers Private Limited | ₹1.04 Cr (FY 2025) | 4.0% | Pune, Maharashtra, India | |||
| Ranmark Pump Private Limited | ₹1.04 Cr (FY 2025) | -14.0% | Rajkot, Gujarat, India |
To see the full peer comparison of Veeline Power Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Veeline Power Solutions Private Limited 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 Veeline Power Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Veeline Power Solutions 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 Veeline Power Solutions Private Limited, buy the company report.
Recent activity
Veeline Power Solutions Private Limited has 6 board changes on record since 2012: 4 appointments and 2 cessations. The latest: Kulkarni Naresh Kumar ceased to be Managing Director on 01 Jan 2015.
Frequently asked questions
Veeline Power Solutions has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Veeline Power Solutions was a private limited company based in Chennai, Tamil Nadu, India. The company worked in transport equipment, within the electrical industry. It was incorporated on 25 June 2012 and is registered under CIN U52300TN2012PTC086478. The company has been struck off by the Registrar of Companies and is no longer operational.
Veeline Power Solutions had 4 directors:
- Vadaveerram Simon Anthony Samy Arockysamy - Managing Director
- Venkateswara Rao Nerella - Director
- Srinivasa Varma Chilakalapudi - Director
- Srivalli Nerella - Director
The CIN (Corporate Identification Number) of Veeline Power Solutions is U52300TN2012PTC086478. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Veeline Power Solutions is at Plot No 28 H.No:1 Surya Prakasam Street Krishnapuram Ambattur, Chennai, Tamil Nadu, India – 600053.
Veeline Power Solutions was incorporated on 25 June 2012. It is registered with the Registrar of Companies, Chennai.
The latest financial statements of Veeline Power Solutions on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
No. Veeline Power Solutions has 1 GST registration on record and it is cancelled or inactive.
Veeline Power Solutions operated in the electrical industry, in the transport equipment segment. It worked in this industry before it was struck off.
The peers of Veeline Power Solutions by revenue are Chara Technologies Private Limited, Rolodax India Private Limited, Cog Industries Private Limited, VLP Electric Company Private Limited, Torqton India Private Limited and 4 more, all in the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Kulkarni Naresh Kumar ceased to be Managing Director on 01 Jan 2015. Srivalli Nerella was appointed as Director on 01 Jan 2015. Vadaveerram Simon Anthony Samy Arockysamy ceased to be Director on 01 Jan 2015. Veeline Power Solutions has 6 board changes on record in total.
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