Veer-O-Metals Private Limited

Veer-O-Metals Private Limited - machinery and equipment in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U30009KA2001PTC029692 Incorporated 24 October 2001 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company machinery and equipment
Data last updated
Revenue · FY 2025
₹745.76 Cr
▲ 47% YoY
Net profit · FY 2025
₹40.7 Cr
Net margin 5.5%
EBITDA · FY 2025
₹86.05 Cr
EBITDA margin 11.5%
Authorised capital
₹2.1 Cr
Registered with MCA
Paid-up capital
₹1.13 Cr
Issued & subscribed
Open charges
₹222.97 Cr
Satisfied ₹33.98 Cr
Company age
25 yrs
Est. 2001
Employees · EPFO
325
Provident fund records

About Veer-O-Metals Private Limited

Data last updated:

Veer-O-Metals Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 24 October 2001 and has been in existence for over 25 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U30009KA2001PTC029692. Its GSTIN is 29AABCV2801N1Z4 (Karnataka). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹2.1 Cr and a paid-up capital of ₹1.13 Cr. It is led by directors including Praneet Kumar (Managing Director) and Viswadharini Kumar (Whole-Time Director).

Its last annual general meeting (AGM) was held on 01 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at A – 02 Bel Industrial Estate Jalahalli Bangalore., Karnataka, India – 560013.

As per the financials filed for FY 2025, the company reported a revenue of ₹745.76 Cr, a growth of 47% compared to the previous year. For the same year it recorded a net profit of ₹40.7 Cr (net margin 5.5%) and EBITDA of ₹86.05 Cr (EBITDA margin 11.5%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 25% over five years.

The company has about 325 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Veer O Metals. As per MCA filings, the company has open charges of ₹222.97 Cr and satisfied charges of ₹33.98 Cr on record. Court records list 101 cases involving the company, including 81 filed by the company and 21 filed against it; 6 cases are pending. The company has 4 deals on record (4 secondary share transfers); the latest was in December 2019. Its 4 peer companies in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (metal and metal products) are compared by revenue, 1 larger and 3 smaller; the largest is Solidus Hi-Tech Product Private Limited with revenue of ₹750.4 Cr. The company has 10 MSME Form 1 returns on record between 2019 and 2022, listing 5,105 overdue payments to 217 micro and small suppliers.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website veerometals.com.

Company details

CIN U30009KA2001PTC029692
Registration Number 029692
Incorporation Date 24 October 2001
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 01 August 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

Contact details

Veer-O-Metals Private Limited's registered office is in Bangalore, Karnataka. Its website is veerometals.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    A – 02 Bel Industrial Estate Jalahalli Bangalore., Karnataka, India – 560013
  • Industry
    Machinery and Equipment, Industrial Tools & Components

To see the full contact details of Veer-O-Metals Private Limited, buy the company report.

Comprehensive company report
Veer-O-Metals 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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Brands

Veer-O-Metals operates one associated brand: Veer O Metals. Each brand links to its own profile.

BrandDescriptionWebsite
Produces high-quality sheet metal stamping products for industrial use.veerometals.com

Business activity

The main business activity of Veer-O-Metals is manufacturing. In detail, this covers metal and metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC7Metal and metal products

To see the full business activity and turnover split of Veer-O-Metals Private Limited, buy the company report.

Financials of Veer-O-Metals Private Limited

FY 2025 filings available

Veer-O-Metals Private Limited reported revenue of ₹745.76 Cr (up 47% YoY) for FY 2025.

Revenue · FY 2025
₹745.76 Cr ▲ 47%
Net profit · FY 2025
₹40.7 Cr margin 5.5%
EBITDA · FY 2025
₹86.05 Cr margin 11.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 47%
3 years · compounded
▲ 30%
5 years · compounded
▲ 25%
EBITDA CAGR growth
1 year
▲ 47%
3 years · compounded
▲ 50%
5 years · compounded
▲ 30%

Revenue has grown at a compounded annual rate (CAGR) of 25% over five years, including 47% growth in the latest year. EBITDA rose 47% 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹86.05 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹40.7 Cr
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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin11.5%
Net Profit Margin5.5%
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 Veer-O-Metals Private Limited, buy the company report.

Board of directors of Veer-O-Metals Private Limited

Veer-O-Metals has 5 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Viswadharini KumarWhole-Time Director01 Apr 200521 Years 6 MonthsCurrent
Vaneet Sham SunderWhole-Time Director01 Apr 200521 Years 6 MonthsCurrent
Aarti Vaneet ShamsunderWhole-Time Director16 Dec 20196 Years 10 MonthsCurrent
Praneet KumarManaging Director24 Oct 200124 Years 11 MonthsCurrent
Sham SunderWhole-Time Director24 Oct 200124 Years 11 MonthsCurrent

Peer comparison

Veer-O-Metals Private Limited is compared with the 4 companies closest to it by revenue in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (metal and metal products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Solidus Hi-Tech Product Private Limited₹750.4 Cr (FY 2025)45.0%Pune, Maharashtra, India
Veer-O-Metals Private Limitedthis company₹745.76 Cr (FY 2025)₹40.7 Cr5.5%47.0%325Bangalore, Karnataka, India
R.N.Gupta and Company Limited₹745.67 Cr (FY 2025)2.0%Doraha, Punjab, India
Arcelormittal Neel Tailored Blanks Private Limited₹723.15 Cr (FY 2025)8.0%Sriperumpudur, Tamil Nadu, India
Deepak Fasteners Limited₹707.56 Cr (FY 2025)2.0%Ludhiana, Punjab, India

To see the full peer comparison of Veer-O-Metals Private Limited, buy the company report.

Shareholding

The shareholding of Veer-O-Metals Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Veer-O-Metals Private Limited, buy the company report.

Charges & borrowings

Open charges
₹222.97 Cr
Satisfied charges
₹33.98 Cr
Breakdown by lending institutions
Citi Bank N.A.₹116.40 Cr
State Bank of India₹95.92 Cr
Others₹8.09 Cr
Hdfc Bank Limited₹2.56 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
13 Jan 2026101230887Hdfc Bank Limited₹10.87 LakhOpen
22 Aug 2025101150685Hdfc Bank Limited₹12.05 LakhOpen
30 Jul 2025101140916Hdfc Bank Limited₹8 LakhOpen
08 May 2025101098609Others₹3.93 CrOpen
08 May 2025101098614Others₹2.3 CrOpen

To see the full charge records of Veer-O-Metals Private Limited, buy the company report.

Total charge records: 30 View all charges

Deals & funding

Veer-O-Metals Private Limited has 4 deals on record (4 secondary share transfers); the latest was in December 2019.

Total deals
4
Secondary share transfers
4

Deals on record (4 of 4)

WhenDealAmountParties
Dec 2019Secondary share transferUndisclosedBuyer: 3 individuals
Seller: Sewak Ram Huf, Sham Sunder Huf, 2 individuals
Dec 2012Secondary share transferUndisclosedBuyer: 2 individuals
Seller: an individual
Mar 2010Secondary share transferUndisclosedBuyer: 2 individuals
Seller: an individual
Aug 2007Secondary share transferUndisclosedBuyer: 2 individuals
Seller: 2 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Veer-O-Metals Private Limited was last rated by Icra on 07 Apr 2021.

Rating agencyRated onRating
Icra07 Apr 2021

To see the full credit ratings and regulatory alerts of Veer-O-Metals Private Limited, buy the company report.

MSME payment delays

Veer-O-Metals Private Limited has 10 MSME Form 1 returns on record between 2019 and 2022, listing 5,105 overdue payments to 217 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 217)

SupplierAmount dueDue sinceReported on
Keo Machines
an individual supplier
Sri Lakashmi Enterprises
Srinivasa Industrial Chemicals
Torch Bearer Services Private Limited

To see the full MSME payment records of Veer-O-Metals Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Veer-O-Metals Private Limited has a workforce of 325 employees on its EPFO records as of Apr 02, 2024, across 2 active EPFO establishments.

Employee count
325
Active EPFO establishments
2
Employee growth
18.18%

GST

Veer-O-Metals has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
29AABCV2801N1Z4KarnatakaActive01 Jul 2017
33AABCV2801N1ZFTamil NaduActive21 Oct 2021

To see the full GST registrations and return filing status of Veer-O-Metals Private Limited, buy the company report.

Recent activity

Veer-O-Metals Private Limited has 11 board changes on record since 2001: 5 appointments and 6 cessations. The latest: Aarti Vaneet Shamsunder ceased to be Additional Director on 15 Jan 2020.

Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.11 Cr with Charge ID 101230887 was registered on 13 Jan 2026.
Charges
A charge with Citi Bank N.A. of Rs. 60.00 Cr registered on 12 Sep 2011 with Charge ID 10315688 was modified on 19 Nov 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.12 Cr with Charge ID 101150685 was registered on 22 Aug 2025.
AGM
Veer-O-Metals Private Limited last Annual general meeting of members was held on 01 Aug 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.08 Cr with Charge ID 101140916 was registered on 30 Jul 2025.
Charges
A charge registered on 21 Jun 2023 via Charge ID 100742167 with Hdfc Bank Limited was fully satisfied on 24 Jul 2025.
Charges
A charge with Others amounted to Rs. 3.93 Cr with Charge ID 101098609 was registered on 08 May 2025.
Charges
A charge with Others amounted to Rs. 2.30 Cr with Charge ID 101098614 was registered on 08 May 2025.
Charges
A charge with Others amounted to Rs. 1.86 Cr with Charge ID 101096313 was registered on 25 Apr 2025.
Charges
A charge with State Bank Of India of Rs. 95.92 Cr registered on 27 Dec 2001 with Charge ID 90195606 was modified on 22 Apr 2025.
Filing
Veer-O-Metals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.11 Cr with Charge ID 101082584 was registered on 29 Mar 2025.

46 earlier events are in the company report.

Frequently asked questions

Veer-O-Metals is an active private limited company based in Bangalore, Karnataka, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 24 October 2001 (25+ years old) and is registered under CIN U30009KA2001PTC029692.

Veer-O-Metals has 5 current directors:

The latest financial statements of Veer-O-Metals on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 01 August 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Veer-O-Metals is 29AABCV2801N1Z4, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33AABCV2801N1ZF (Tamil Nadu).

The CIN (Corporate Identification Number) of Veer-O-Metals is U30009KA2001PTC029692. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Veer-O-Metals has 101 court cases on record: 81 filed by the company and 21 filed against it. 6 are pending. Most are in the district courts.

Veer-O-Metals was incorporated on 24 October 2001, making it 25+ years old. It is registered with the Registrar of Companies, Bangalore.

Veer-O-Metals has 4 deals on record (4 secondary share transfers); the latest was in December 2019.

The peers of Veer-O-Metals by revenue are Solidus Hi-Tech Product Private Limited, R.N.Gupta and Company Limited, Arcelormittal Neel Tailored Blanks Private Limited, Deepak Fasteners Limited, all in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (metal and metal products).

Aarti Vaneet Shamsunder ceased to be Additional Director on 15 Jan 2020. Praneet Kumar ceased to be Whole-Time Director on 15 Jan 2020. Sham Sunder ceased to be Managing Director on 15 Jan 2020. Veer-O-Metals has 11 board changes on record in total.

Veer-O-Metals has 10 MSME Form 1 returns on record between 2019 and 2022, listing 5,105 overdue payments to 217 micro and small suppliers. The latest return was filed on 19 Oct 2022.

Veer-O-Metals can be reached through the website veerometals.com. Its registered office is in Bangalore, Karnataka, India.