About Vete Associates
Vete Associates is a Financial Services company founded in 1962. Mutual fund distribution and financial services are managed in India. The company has 22 employees. Its Indian entity Vete Associates Mfd Private Limited reported revenue of ₹8.77 Cr. Vete Associates offers products and services including Mutual Fund Distribution and Investment Advisory. Its focus areas include Asset Management, Mutual Fund Distribution, Investment Advisory and Wealth Management.
Company details
Vete Associates is recognized as an AMFI-registered mutual fund distributor that has been operational since 2015, with services extending to investment advisory and client support through its established leadership and management structure. The company maintains a head office in Thane, India, and adheres to privacy, disclosure, and disclaimer policies to ensure regulatory compliance. Its philosophy, vision, and mission are outlined to guide operations, while contact options are provided for inquiries. Overall, financial services are delivered in a structured manner to meet client requirements, with validity extending until 2027.
- Employees 22
- SectorsFinancial Services
- Email••••••••
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- Legal Name Vete Associates Mfd Private Limited
- Date of Incorporation 11 Dec, 2003
- Jurisdiction Thane, Maharashtra, India
- Indian entity revenue₹8.77 Cr
FY 2025 · +13% YoY
- Indian entity net profit₹2.06 Cr
FY 2025 · 23% margin
- Indian entity EBITDA₹3.18 Cr
FY 2025 · 36% margin
- Employee Count22
Associated legal entities of Vete Associates
Vete Associates operates through Vete Associates Mfd Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Vete Associates Mfd Private Limited CIN U74100MH2003PTC143507 | Active | 11 Dec 2003 | Thane, Maharashtra | ₹8.8 Cr | 22 | 3 | View details |
Products & Services of Vete Associates
Vete Associates offers a comprehensive portfolio of products and services, including Mutual Fund Distribution and Investment Advisory.
Distribution of mutual funds is conducted for clients, encompassing investment options and advisory support
Advisory services are provided on portfolio management and financial planning to support client needs
Board of directors of Vete Associates Mfd Private Limited (Vete Associates)
Vete Associates Mfd Private Limited is the primary company behind Vete Associates. The board of Vete Associates Mfd Private Limited currently have 3 directors; the longest-serving is Nitin Ramakant Vete, appointed in 2003.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Nitin Ramakant Vete DIN 02542744 | Director | 11 Dec 2003 | 22 yrs 10 mo | Vete Associates Mfd Private Limited |
| Neela Ramakant Vete DIN 02542754 | Director | 11 Dec 2003 | 22 yrs 10 mo | Vete Associates Mfd Private Limited |
| Sangeeta Nitin Vete DIN 02542772 | Director | 11 Dec 2003 | 22 yrs 10 mo | Vete Associates Mfd Private Limited |
Financials of Vete Associates
Figures of Vete Associates Mfd Private Limited, the primary company behind Vete Associates, for FY 2025. Revenue was ₹8.77 Cr (+13% year on year). Net profit was ₹2.06 Cr (23% margin). EBITDA was ₹3.18 Cr (36% margin). Revenue has grown at a compounded annual rate of +14% over three years and +13% over five years.
- ₹8.77 CrRevenue · FY 2025 · +13% YoY
- ₹2.06 CrNet profit · 23% margin
- ₹3.18 CrEBITDA · 36% margin
- ₹1 LakhPaid-up capital
- 22Employees (provident fund records)
- +14%Revenue CAGR, 3 years
- +13%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Vete Associates Mfd Private Limited are on its company page.
Detailed financial statements for Vete Associates
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Frequently Asked Questions about Vete Associates
Vete Associates was founded in 1962.
Vete Associates has 22 employees.
The primary company behind Vete Associates, Vete Associates Mfd Private Limited, reported revenue of ₹8.77 Cr for FY 2025, up 13% year on year.
Vete Associates is recognized as an AMFI-registered mutual fund distributor that has been operational since 2015, with services extending to investment advisory and client support through its established leadership and management structure. The company maintains a head office in Thane, India, and adheres to privacy, disclosure, and disclaimer policies to ensure regulatory compliance. Its philosophy, vision, and mission are outlined to guide operations, while contact options are provided for inquiries. Overall, financial services are delivered in a structured manner to meet client requirements, with validity extending until 2027.
Vete Associates offers Mutual Fund Distribution and Investment Advisory.
Vete Associates operates through Vete Associates Mfd Private Limited.
The legal entities of Vete Associates currently have 3 directors, including Nitin Ramakant Vete, Neela Ramakant Vete, Sangeeta Nitin Vete.