MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2023-24)
- Udyam number
- UDYAM-RJ-02-0057901
Veekay Polycoats Limited - manufacturing in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹155.31 Cr
▲ 257% YoY
Net profit · FY 2025
₹25.8 Cr
Net margin 16.6%
EBITDA · FY 2025
₹40.29 Cr
EBITDA margin 25.9%
Authorised capital
₹40 Cr
Registered with MCA
Paid-up capital
₹37.59 Cr
Issued & subscribed
Open charges
₹251.92 Cr
Satisfied ₹185.62 Cr
Company age
34 yrs
Est. 1992
Employees · EPFO
238
Provident fund records
About Veekay Polycoats Limited
Data last updated:
Veekay Polycoats Limited is a public limited company based in New Delhi, Delhi, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 18 November 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1992PLC051038. Its GSTIN is 07AAACV3231F3ZO (Delhi). The company holds 10 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹40 Cr and a paid-up capital of ₹37.59 Cr. It was formerly known as Veekay Polycoats Pvt Limited. It is led by directors including Tanjul Mittal and Pratuish Mohanlal Agrawal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 906 Indraprakash Bldg 21 Barakhamba Road, New Delhi, Delhi, India – 110001.
As per the financials filed for FY 2025, the company reported a revenue of ₹155.31 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹25.8 Cr (net margin 16.6%) and EBITDA of ₹40.29 Cr (EBITDA margin 25.9%). Revenue has grown at a compounded annual rate (CAGR) of 249% over three years.
The company has about 238 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹251.92 Cr and satisfied charges of ₹185.62 Cr on record. Court records list 68 cases involving the company, including 27 filed by the company and 41 filed against it; 5 cases are pending.
Veekay Polycoats Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-RJ-02-0057901). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website veekaypolycoat.com.
Company details
CIN U74899DL1992PLC051038
Registration Number 051038
Incorporation Date 18 November 1992
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-RJ-02-0057901
Recognitions & Rankings of Veekay Polycoats
Contact details
Veekay Polycoats Limited's registered office is in New Delhi, Delhi. Its website is veekaypolycoat.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address906 Indraprakash Bldg 21 Barakhamba Road, New Delhi, Delhi, India – 110001
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of Veekay Polycoats Limited, buy the company report.
Comprehensive company report
Veekay Polycoats 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 Veekay Polycoats is manufacturing. In detail, this covers manufacture of textiles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 13 | Manufacture of textiles |
To see the full business activity and turnover split of Veekay Polycoats Limited, buy the company report.
Financials of Veekay Polycoats Limited
FY 2025 filings availableVeekay Polycoats Limited reported revenue of ₹155.31 Cr (up 257% YoY) for FY 2025.
Revenue · FY 2025
₹155.31 Cr ▲ 257%
Net profit · FY 2025
₹25.8 Cr margin 16.6%
EBITDA · FY 2025
₹40.29 Cr margin 25.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 257%
3 years · compounded
▲ 249%
EBITDA CAGR growth
1 year
▲ 253%
3 years · compounded
▲ 138%
Revenue has grown at a compounded annual rate (CAGR) of 249% over three years, including 257% growth in the latest year. EBITDA rose 253% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹40.29 Cr | ||||
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| Net Profit (PAT) | ₹25.8 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 25.9% | ||||
| Net Profit Margin | 16.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Veekay Polycoats Limited, buy the company report.
Board of directors of Veekay Polycoats Limited
Veekay Polycoats has 10 current directors and 27 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tanjul Mittal | Director | 15 Sep 2023 | 3 Years 1 Months | Current |
| Pratuish Mohanlal Agrawal | Director | 31 Dec 2024 | 1 Years 9 Months | Current |
| Vinod Kumar Govil | Director | 05 Apr 2024 | 2 Years 6 Months | Current |
| Sanjay Verma | Director | 19 Mar 2024 | 2 Years 7 Months | Current |
| Suresh Kumar | Director | 19 Mar 2024 | 2 Years 7 Months | Current |
| Anuradha Singh Also directs: Maasheetla Ventures Limited, S. K. Offset Limited, Shri Jagannath Steels & Power Limited and 1 more | Director | 01 Apr 2023 | 3 Years 6 Months | Current |
Showing 6 of 10 current directors. View all directors
Auditor
Veekay Polycoats Limited is audited by B P Baranwal & Co. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B P Baranwal & Co. | FY 2024 | 040516N |
Shareholding
The shareholding of Veekay Polycoats Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Veekay Polycoats Limited, buy the company report.
Charges & borrowings
Open charges
₹251.92 Cr
Satisfied charges
₹185.62 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Oct 2023 | 100811755 | State Bank of India | ₹110 Cr | Open | |
| 16 Mar 2012 | 10346830 | Others | ₹141.92 Cr | Open | |
| 07 Jan 2011 | 10260559 | Others | ₹17.5 Cr | Satisfied | |
| 07 Jan 2011 | 10260582 | State Bank of Travancore | ₹17.5 Cr | Satisfied | |
| 20 Nov 2010 | 10253801 | State Bank of Travancore | ₹37.5 Cr | Satisfied |
To see the full charge records of Veekay Polycoats Limited, buy the company report.
Total charge records: 20 View all charges
Legal cases
Veekay Polycoats Limited has 68 court cases on record: 27 filed by Veekay Polycoats, 41 filed against it. 5 cases are pending and 63 are disposed.
Total cases
68
Filed by the company
27
Filed against the company
41
Pending
5
Disposed
63
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 59 | 36 | 3 |
| High courts | 9 | 5 | 2 |
Cases on record (5 of 68)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Civil suit | Filed against the company by M/S. Aarti Industries Ltd., Through Mr. Vinod V. Khanolkar | Pending |
| District court, New Delhi, Delhi | Interim or miscellaneous application | Filed by the company against Relcom Technology P Ltd | Disposed |
| District court, South East, Delhi | Execution petition | Filed against the company by Apex Buildsys Ltd | Disposed |
| District court, West, Delhi | Criminal case | Filed against the company by Sunflag Additives Pvt Ltd | Disposed |
| District court, West, Delhi | Criminal case | Filed against the company by Sar Global Pvt Ltd | Disposed |
To see the full case history of Veekay Polycoats 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.
Credit ratings & regulatory alerts
Veekay Polycoats Limited was last rated by Acuite on 08 Jun 2026.
| Rating agency | Rated on | Rating |
|---|---|---|
| Acuite | 08 Jun 2026 |
To see the full credit ratings and regulatory alerts of Veekay Polycoats Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Veekay Polycoats Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Veekay Polycoats Limited has a workforce of 238 employees on its EPFO records as of Nov 05, 2025, across 2 active EPFO establishments.
Employee count
238
Active EPFO establishments
2
Employee growth
20.2%
GST
Veekay Polycoats has 10 GST registrations: 4 active and 6 cancelled or inactive.
Total GSTINs
10
Active
4
Cancelled / inactive
6
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACV3231F3ZO | Delhi | Active | 21 Mar 2020 |
| 07AAACV3231F4ZN | Delhi | Active | 18 Apr 2020 |
| 06AAACV3231F1ZS | Haryana | Active | 01 Jul 2017 |
| 08AAACV3231F2ZN | Rajasthan | Active | 17 Apr 2020 |
To see the full GST registrations and return filing status of Veekay Polycoats Limited, buy the company report.
Recent activity
Veekay Polycoats Limited has 34 board changes on record since 2007: 10 appointments and 24 cessations. The latest: Pratuish Mohanlal Agrawal was appointed as Director on 31 Dec 2024.
AGM
Veekay Polycoats Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Veekay Polycoats Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Appointed
Pratuish Mohanlal Agrawal was appointed as Director.
Ceased
Sanjay Verma ceased to be Additional Director.
Ceased
Suresh Kumar ceased to be Additional Director.
Ceased
Vinod Kumar Govil ceased to be Additional Director.
Appointed
Vinod Kumar Govil was appointed as Director.
Charges
A charge registered on 07 Jan 2011 via Charge ID 10260559 with Others was fully satisfied on 29 Mar 2024.
Charges
A charge registered on 15 Nov 2010 via Charge ID 10249287 with Others was fully satisfied on 29 Mar 2024.
Charges
A charge registered on 12 Nov 2010 via Charge ID 10252518 with Others was fully satisfied on 29 Mar 2024.
Charges
A charge registered on 14 Dec 2006 via Charge ID 10030363 with Others was fully satisfied on 29 Mar 2024.
Ceased
Pratuish Mohanlal Agrawal ceased to be Additional Director.
75 earlier events are in the company report.
Frequently asked questions
Veekay Polycoats is an active public limited company based in New Delhi, Delhi, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 18 November 1992 (34+ years old) and is registered under CIN U74899DL1992PLC051038.
Veekay Polycoats has 10 current directors:
- Tanjul Mittal - Director
- Pratuish Mohanlal Agrawal - Director
- Vinod Kumar Govil - Director
- Sanjay Verma - Director
- Suresh Kumar - Director
- Anuradha Singh - Director
- Sunita - Director
- Tanishq Aggarwal - Director
- Sanjay Aggarwal - Director
- Bhanu Pratap Singh - Director
The latest financial statements of Veekay Polycoats on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Veekay Polycoats is 07AAACV3231F3ZO, registered in Delhi. The company has 10 GST registrations in all, of which 4 are active and 6 are cancelled or inactive. Other active GSTINs include 07AAACV3231F4ZN (Delhi), 06AAACV3231F1ZS (Haryana), 08AAACV3231F2ZN (Rajasthan).
The CIN (Corporate Identification Number) of Veekay Polycoats is U74899DL1992PLC051038. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Veekay Polycoats has 68 court cases on record: 27 filed by the company and 41 filed against it. 5 are pending. Most are in the district courts.
Veekay Polycoats was incorporated on 18 November 1992, making it 34+ years old. It is registered with the Registrar of Companies, Delhi.
Pratuish Mohanlal Agrawal was appointed as Director on 31 Dec 2024. Sanjay Verma ceased to be Additional Director on 30 Dec 2024. Suresh Kumar ceased to be Additional Director on 30 Dec 2024. Veekay Polycoats has 34 board changes on record in total.
Yes, Veekay Polycoats is registered as a medium enterprise under Udyam registration (number: UDYAM-RJ-02-0057901).
Veekay Polycoats can be reached through the website veekaypolycoat.com. Its registered office is in New Delhi, Delhi, India.