MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2022-23)
- Udyam number
- UDYAM-KL-02-0001056
Veesteel Engineering Services Private Limited - construction in Ernakulam, Kerala, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹12.22 Lakh
▼ 47% YoY
Net loss · FY 2022
₹2.88 Lakh
Net margin -23.6%
EBITDA · FY 2022
-₹2.58 Lakh
EBITDA margin -21.1%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Veesteel Engineering Services Private Limited
Data last updated:
Veesteel Engineering Services Private Limited is a private limited company based in Ernakulam, Kerala, India. It operates in the building construction segment of the construction sector. It was incorporated on 13 June 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U45400KL2019PTC058380. Its GSTIN is 32AAGCV9768B1Z5 (Kerala).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Prasobh Malayil Ravi (Managing Director) and Jefferson Joy Thomas.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 15/ 681 Malayil House Chithranjally Jn Thiruvankulam Village Irimpanam, Ernakulam, Kerala, India – 682309.
As per the financials filed for FY 2022, the company reported a revenue of ₹12.22 Lakh, a decline of 47% compared to the previous year. For the same year it recorded a net loss of ₹2.88 Lakh (net margin -23.6%) and EBITDA of -₹2.58 Lakh (EBITDA margin -21.1%).
Veesteel Engineering Services Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-02-0001056). For more details, the company can be reached via its website veesteel.in.
Company details
CIN U45400KL2019PTC058380
Registration Number 058380
Incorporation Date 13 June 2019
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
MSME Classification Micro
Udyam Registration UDYAM-KL-02-0001056
Recognitions & Rankings of Veesteel Engineering Services
Contact details
Veesteel Engineering Services Private Limited's registered office is in Ernakulam, Kerala. Its website is veesteel.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address15/ 681 Malayil House Chithranjally Jn Thiruvankulam Village Irimpanam, Ernakulam, Kerala, India – 682309
- IndustryConstruction, Building Construction
To see the full contact details of Veesteel Engineering Services Private Limited, buy the company report.
Comprehensive company report
Veesteel Engineering Services Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Veesteel Engineering Services is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Veesteel Engineering Services Private Limited, buy the company report.
Financials of Veesteel Engineering Services Private Limited
FY 2022 filings availableVeesteel Engineering Services Private Limited reported revenue of ₹12.22 Lakh (down 47% YoY) for FY 2022.
Revenue · FY 2022
₹12.22 Lakh ▼ 47%
Net loss · FY 2022
₹2.88 Lakh margin -23.6%
EBITDA · FY 2022
-₹2.58 Lakh margin -21.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 47%
EBITDA CAGR growth
1 year
▼ 368%
Revenue fell 47% in the latest year. EBITDA fell 368% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹2.58 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹2.88 Lakh | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -21.1% | ||
| Net Profit Margin | -23.6% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
| Interest Coverage Ratio | |||
| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
| Payable Days | |||
| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Veesteel Engineering Services Private Limited, buy the company report.
Board of directors of Veesteel Engineering Services Private Limited
Veesteel Engineering Services has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prasobh Malayil Ravi Also directs: Nuadika Private Limited, Engion Engineering Private Limited | Managing Director | 13 Jun 2019 | 7 Years 4 Months | Current |
| Jefferson Joy Thomas Also directs: Nuadika Private Limited, Engion Engineering Private Limited | Director | 14 Feb 2024 | 2 Years 8 Months | Current |
Peer comparison
Veesteel Engineering Services Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Klassic Softtech Private Limited | ₹12.24 Lakh (FY 2025) | -96.0% | Bunglows Andheri (W) Mumbai, Maharashtra, India | |||
| Sagama Private Limited | ₹12.24 Lakh (FY 2025) | -31.0% | Goa, India | |||
| Zemica Buildtech Private Limited | ₹12.23 Lakh (FY 2023) | -58.0% | Delhi, India | |||
| Satya Sai Nature Resorts and Developers Private Limited | ₹12.23 Lakh (FY 2020) | 72.0% | Katni, Madhya Pradesh, India | |||
| Shri Jagroop Construction Pvt.Ltd. | ₹12.23 Lakh (FY 2025) | 16.0% | Indore, Madhya Pradesh, India | |||
| Veesteel Engineering Services Private Limitedthis company | ₹12.22 Lakh (FY 2022) | -₹2.88 Lakh | -23.6% | -47.0% | Ernakulam, Kerala, India | |
| Levka Private Limited | ₹12.22 Lakh (FY 2025) | 6.0% | Mumbai, Maharashtra, India | |||
| Abhinav Nirman Private Limited | ₹12.21 Lakh (FY 2025) | 103.0% | Pune, Maharashtra, India | |||
| Sanwaria Developers Private Limited | ₹12.21 Lakh (FY 2025) | -77.0% | Rajgarh, Madhya Pradesh, India | |||
| Kottaram Properties India Private Limited | ₹12.21 Lakh (FY 2025) | 8.0% | Thrissur, Kerala, India | |||
| Vijitendriya Infratech Private Limited | ₹12.2 Lakh (FY 2025) | 571.0% | Delhi, India |
To see the full peer comparison of Veesteel Engineering Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Veesteel Engineering Services 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 Veesteel Engineering Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Veesteel Engineering Services has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAGCV9768B1Z5 | Kerala | Active | 22 Jun 2019 |
To see the full GST registrations and return filing status of Veesteel Engineering Services Private Limited, buy the company report.
Recent activity
Veesteel Engineering Services Private Limited has 3 board changes on record since 2019: 2 appointments and 1 cessation. The latest: Jefferson Joy Thomas was appointed as Director on 14 Feb 2024.
Appointed
Jefferson Joy Thomas was appointed as Director.
Ceased
Kelengazhuthu Valsalan Vyshak ceased to be Director.
AGM
Veesteel Engineering Services Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Veesteel Engineering Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Ernakulam.
Appointed
Prasobh Malayil Ravi was appointed as Managing Director.
Incorporation
13 Jun 2019
Veesteel Engineering Services Private Limited was registered on 13 Jun 2019 with Roc Ernakulam & aged 7 years 4 months as per MCA records.
Frequently asked questions
Veesteel Engineering Services is an active private limited company based in Ernakulam, Kerala, India. The company works in building construction, within the construction industry. It was incorporated on 13 June 2019 (7+ years old) and is registered under CIN U45400KL2019PTC058380.
Veesteel Engineering Services has 2 current directors:
- Prasobh Malayil Ravi - Managing Director
- Jefferson Joy Thomas - Director
The latest financial statements of Veesteel Engineering Services on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Veesteel Engineering Services is 32AAGCV9768B1Z5, registered in Kerala.
The CIN (Corporate Identification Number) of Veesteel Engineering Services is U45400KL2019PTC058380. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Veesteel Engineering Services was incorporated on 13 June 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Veesteel Engineering Services by revenue are Klassic Softtech Private Limited, Sagama Private Limited, Zemica Buildtech Private Limited, Satya Sai Nature Resorts and Developers Private Limited, Shri Jagroop Construction Pvt.Ltd. and 5 more, all in the same principal business activity (buildings).
Jefferson Joy Thomas was appointed as Director on 14 Feb 2024. Kelengazhuthu Valsalan Vyshak ceased to be Director on 14 Feb 2024. Prasobh Malayil Ravi was appointed as Managing Director on 13 Jun 2019.
Yes, Veesteel Engineering Services is registered as a micro enterprise under Udyam registration (number: UDYAM-KL-02-0001056).
Veesteel Engineering Services can be reached through the website veesteel.in. Its registered office is in Ernakulam, Kerala, India.
The registered office of Veesteel Engineering Services is at 15 681 Malayil House Chithranjally Jn Thiruvankulam Village Irimpanam, Ernakulam, Kerala, India – 682309.