MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-04-0043894
Veetaraag Infrastructure Private Limited
Veetaraag Infrastructure Private Limited - infrastructure and utilities in Belgaum, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹3.85 Cr
▲ 75% YoY
Net profit · FY 2023
₹5.26 Lakh
Net margin 1.4%
EBITDA · FY 2023
₹20.25 Lakh
EBITDA margin 5.3%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
13 yrs
Est. 2013
Employees · EPFO
22
Provident fund records
Directors on board
2
As per MCA filings
About Veetaraag Infrastructure Private Limited
Data last updated:
Veetaraag Infrastructure Private Limited is a private limited company based in Belgaum, Karnataka, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 15 February 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U15122KA2013PTC067868. Its GSTIN is 29AALCA3663K1Z7 (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Adwita Dairy Products Private Limited. It is led by directors Sameer Pramod Shiraguppi and Ekta Shiraguppi.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Rs No 70/3 Plot No 43 Near Saraswati Timber Air Port Road, Belgaum, Karnataka, India – 560017.
As per the financials filed for FY 2023, the company reported a revenue of ₹3.85 Cr, a growth of 75% compared to the previous year. For the same year it recorded a net profit of ₹5.26 Lakh (net margin 1.4%) and EBITDA of ₹20.25 Lakh (EBITDA margin 5.3%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years and 11% over five years.
The company has about 22 employees on its provident fund (EPFO) records.
Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending.
Veetaraag Infrastructure Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-04-0043894). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U15122KA2013PTC067868
Registration Number 067868
Incorporation Date 15 February 2013
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-04-0043894
Recognitions & Rankings of Veetaraag Infrastructure
Contact details
Veetaraag Infrastructure Private Limited's registered office is in Belgaum, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressRs No 70/3 Plot No 43 Near Saraswati Timber Air Port Road, Belgaum, Karnataka, India – 560017
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Veetaraag Infrastructure Private Limited, buy the company report.
Comprehensive company report
Veetaraag Infrastructure 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Veetaraag Infrastructure 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 Veetaraag Infrastructure Private Limited, buy the company report.
Financials of Veetaraag Infrastructure Private Limited
FY 2023 filings availableVeetaraag Infrastructure Private Limited reported revenue of ₹3.85 Cr (up 75% YoY) for FY 2023.
Revenue · FY 2023
₹3.85 Cr ▲ 75%
Net profit · FY 2023
₹5.26 Lakh margin 1.4%
EBITDA · FY 2023
₹20.25 Lakh margin 5.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 75%
3 years · compounded
▲ 9%
5 years · compounded
▼ 11%
EBITDA CAGR growth
1 year
▲ 737%
3 years · compounded
▼ 21%
5 years · compounded
▼ 25%
Revenue rose 75% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 11%. EBITDA rose 737% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | ₹20.25 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.26 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.3% | ||||
| Net Profit Margin | 1.4% | ||||
| 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 Veetaraag Infrastructure Private Limited, buy the company report.
Board of directors of Veetaraag Infrastructure Private Limited
Veetaraag Infrastructure has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sameer Pramod Shiraguppi | Director | 15 Feb 2013 | 13 Years 8 Months | Current |
| Ekta Shiraguppi Also directs: Sanjivini Welfare Foundation | Director | 15 Feb 2013 | 13 Years 8 Months | Current |
Auditor
Veetaraag Infrastructure Private Limited is audited by ARPITHA B P AND ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ARPITHA B P AND ASSOCIATES | FY 2020 | 021945S |
Shareholding
The shareholding of Veetaraag Infrastructure Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Veetaraag Infrastructure Private Limited, buy the company report.
Legal cases
Veetaraag Infrastructure Private Limited has 2 court cases on record: 1 filed by Veetaraag Infrastructure, 1 filed against it. 1 case is pending and 1 is disposed.
Total cases
2
Filed by the company
1
Filed against the company
1
Pending
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
| High courts | 1 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South, Delhi | Cheque dishonour complaint | Filed against the company by Shalimar Paints Limited | Disposed |
| High Court, KARNATAKA | Writ petition | Filed by the company against The State of Karnataka and 3 others | Pending |
To see the full case history of Veetaraag Infrastructure Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Veetaraag Infrastructure Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Veetaraag Infrastructure Private Limited has a workforce of 22 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
Employee count
22
Active EPFO establishments
1
Employee growth
-15.38%
GST
Veetaraag Infrastructure has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AALCA3663K1Z7 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Veetaraag Infrastructure Private Limited, buy the company report.
Recent activity
Veetaraag Infrastructure Private Limited has 2 board changes on record since 2013: 2 appointments. The latest: Ekta Shiraguppi was appointed as Director on 15 Feb 2013.
AGM
Veetaraag Infrastructure Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Veetaraag Infrastructure Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Appointed
Ekta Shiraguppi was appointed as Director.
Appointed
Sameer Pramod Shiraguppi was appointed as Director.
Incorporation
15 Feb 2013
Veetaraag Infrastructure Private Limited was registered on 15 Feb 2013 with Roc Bangalore & aged 13 years 8 months as per MCA records.
Frequently asked questions
Veetaraag Infrastructure is an active private limited company based in Belgaum, Karnataka, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 15 February 2013 (13+ years old) and is registered under CIN U15122KA2013PTC067868.
Veetaraag Infrastructure has 2 current directors:
- Sameer Pramod Shiraguppi - Director
- Ekta Shiraguppi - Director
The latest financial statements of Veetaraag Infrastructure on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Veetaraag Infrastructure is 29AALCA3663K1Z7, registered in Karnataka.
The CIN (Corporate Identification Number) of Veetaraag Infrastructure is U15122KA2013PTC067868. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Veetaraag Infrastructure has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.
Veetaraag Infrastructure was incorporated on 15 February 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
Ekta Shiraguppi was appointed as Director on 15 Feb 2013. Sameer Pramod Shiraguppi was appointed as Director on 15 Feb 2013.
Yes, Veetaraag Infrastructure is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-04-0043894).
The registered office of Veetaraag Infrastructure is at Rs No 703 Plot No 43 Near Saraswati Timber Air Port Road, Belgaum, Karnataka, India – 560017.