Vekon Technologies India Private Limited

Vekon Technologies India Private Limited - machinery and equipment in Thane, Maharashtra, India. FY 2026 financials & compliance.
CIN U74999MH2018PTC308391 Incorporated 23 April 2018 ROC Mumbai HQ Thane, Maharashtra, India
Active Private Limited Company machinery and equipment MSME · Micro
Data last updated
Revenue · FY 2023
₹27.53 Lakh
▼ 88% YoY
Net loss · FY 2023
₹7.49 Lakh
Net margin -27.2%
EBITDA · FY 2023
-₹6.75 Lakh
EBITDA margin -24.5%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹2 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Employees · EPFO
1
Provident fund records
Directors on board
2
As per MCA filings

About Vekon Technologies India Private Limited

Data last updated:

Vekon Technologies India Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 23 April 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2018PTC308391. Its GSTIN is 27AAGCV3948K1ZR (Maharashtra).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Swati Samir Kamat and Atharva Samir Kamat.

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 702 Tropical New Era Ventures Road No 33 Wagle Estate, Thane, Maharashtra, India – 400604.

As per the financials filed for FY 2023, the company reported a revenue of ₹27.53 Lakh, a decline of 88% compared to the previous year. For the same year it recorded a net loss of ₹7.49 Lakh (net margin -27.2%) and EBITDA of -₹6.75 Lakh (EBITDA margin -24.5%). Revenue has declined at a compounded annual rate (CAGR) of 32% over three years.

The company has about 1 employee on its provident fund (EPFO) records.

Vekon Technologies India Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0175644). For more details, the company can be reached via its website vekon.in.

Company details

CIN U74999MH2018PTC308391
Registration Number 308391
Incorporation Date 23 April 2018
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
MSME Classification Micro
Udyam Registration UDYAM-MH-33-0175644

Recognitions & Rankings of Vekon Technologies India

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-MH-33-0175644

Contact details

Vekon Technologies India Private Limited's registered office is in Thane, Maharashtra. Its website is vekon.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
  • Registered Address
    702 Tropical New Era Ventures Road No 33 Wagle Estate, Thane, Maharashtra, India – 400604
  • Industry
    Machinery and Equipment, Industrial Machinery Retail & Distribution, Industrial Machinery Manufacturing

To see the full contact details of Vekon Technologies India Private Limited, buy the company report.

Comprehensive company report
Vekon Technologies India 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 Vekon Technologies India is trade. In detail, this covers retail trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG2Retail Trading

To see the full business activity and turnover split of Vekon Technologies India Private Limited, buy the company report.

Financials of Vekon Technologies India Private Limited

FY 2023 filings available

Vekon Technologies India Private Limited reported revenue of ₹27.53 Lakh (down 88% YoY) for FY 2023.

Revenue · FY 2023
₹27.53 Lakh ▼ 88%
Net loss · FY 2023
₹7.49 Lakh margin -27.2%
EBITDA · FY 2023
-₹6.75 Lakh margin -24.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 88%
3 years · compounded
▼ 32%
EBITDA CAGR growth
1 year
▼ 312%
3 years · compounded
▼ 57%

Revenue has declined at a compounded annual rate (CAGR) of 32% over three years, including a 88% fall in the latest year. EBITDA fell 312% 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 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-₹6.75 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹7.49 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin-24.5%
Net Profit Margin-27.2%
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 Vekon Technologies India Private Limited, buy the company report.

Board of directors of Vekon Technologies India Private Limited

Vekon Technologies India has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Atharva Samir KamatAdditional Director01 Sep 20233 Years 1 MonthsCurrent
Swati Samir KamatDirector23 Apr 20188 Years 6 MonthsCurrent

Auditor

Vekon Technologies India Private Limited is audited by J S S & ASSOCIATES for the financial year 2019.

Auditor firmFinancial yearFirm registration number
J S S & ASSOCIATESFY 2019113766W

Shareholding

The shareholding of Vekon Technologies India Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2019
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Vekon Technologies India Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Vekon Technologies India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Vekon Technologies India Private Limited has a workforce of 1 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.

Employee count
1
Active EPFO establishments
1
Employee growth
-50%

GST

Vekon Technologies India has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAGCV3948K1ZRMaharashtraActive29 May 2018

To see the full GST registrations and return filing status of Vekon Technologies India Private Limited, buy the company report.

Recent activity

Vekon Technologies India Private Limited has 5 board changes on record since 2018: 2 appointments and 3 cessations. The latest: Atharva Samir Kamat was appointed as Additional Director on 01 Sep 2023.

AGM
Vekon Technologies India Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Appointed
Atharva Samir Kamat was appointed as Additional Director.
Filing
Vekon Technologies India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai Ii.
Ceased
Samir Ramesh Kamat ceased to be Director.
Ceased
Neha Suhas Joshi ceased to be Additional Director.
Ceased
Suhas Vasudeo Joshi ceased to be Additional Director.
Appointed
Swati Samir Kamat was appointed as Director.
Incorporation
23 Apr 2018
Vekon Technologies India Private Limited was registered on 23 Apr 2018 with Roc Mumbai Ii & aged 8 years 6 months as per MCA records.

Frequently asked questions

Vekon Technologies India is an active private limited company based in Thane, Maharashtra, India. The company works in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 23 April 2018 (8+ years old) and is registered under CIN U74999MH2018PTC308391.

Vekon Technologies India has 2 current directors:

The latest financial statements of Vekon Technologies India 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 FY 2019 are in the company report.

The GSTIN of Vekon Technologies India is 27AAGCV3948K1ZR, registered in Maharashtra.

The CIN (Corporate Identification Number) of Vekon Technologies India is U74999MH2018PTC308391. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Vekon Technologies India was incorporated on 23 April 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.

Atharva Samir Kamat was appointed as Additional Director on 01 Sep 2023. Samir Ramesh Kamat ceased to be Director on 09 Mar 2023. Neha Suhas Joshi ceased to be Additional Director on 28 Oct 2022. Vekon Technologies India has 5 board changes on record in total.

Yes, Vekon Technologies India is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-33-0175644).

Vekon Technologies India can be reached through the website vekon.in. Its registered office is in Thane, Maharashtra, India.

The registered office of Vekon Technologies India is at 702 Tropical New Era Ventures Road No 33 Wagle Estate, Thane, Maharashtra, India – 400604.