MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-18-0044678
Vevelon Petrochem Private Limited - chemicals and materials in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹46.62 Cr
▼ 24% YoY
Net loss · FY 2024
₹65.53 Lakh
Net margin -1.4%
EBITDA · FY 2024
-₹63.87 Lakh
EBITDA margin -1.4%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
About Vevelon Petrochem Private Limited
Data last updated:
Vevelon Petrochem Private Limited is a foreign private limited company based in Mumbai, Maharashtra, India. It operates in the petrochemicals and derivatives segment of the chemicals and materials sector. It was incorporated on 02 December 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U23200MH2020FTC351117. Its GSTIN is 27AAHCV7636F1Z0 (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Vimlesh Devideen Chaurasia and Hiren Navin Doshi.
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 Unit No 710 Cts – 266 266/1 – 172 Prakashwadi Sale, Near Cinemax Cinema Village Gundavali A.K. Road Andheri East Mumbai, Maharashtra, India – 400093.
As per the financials filed for FY 2024, the company reported a revenue of ₹46.62 Cr, a decline of 24% compared to the previous year. For the same year it recorded a net loss of ₹65.53 Lakh (net margin -1.4%) and EBITDA of -₹63.87 Lakh (EBITDA margin -1.4%).
Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
Vevelon Petrochem Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0044678). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vevelon.com.
Company details
CIN U23200MH2020FTC351117
Registration Number 351117
Incorporation Date 02 December 2020
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-18-0044678
Recognitions & Rankings of Vevelon Petrochem
Contact details
Vevelon Petrochem Private Limited's registered office is in Mumbai, Maharashtra. Its website is vevelon.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressUnit No 710 Cts – 266 266/1 – 172 Prakashwadi Sale, Near Cinemax Cinema Village Gundavali A.K. Road Andheri East Mumbai, Maharashtra, India – 400093
- IndustryChemicals and Materials, Petrochemicals & Derivatives
To see the full contact details of Vevelon Petrochem Private Limited, buy the company report.
Comprehensive company report
Vevelon Petrochem 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 Vevelon Petrochem is manufacturing. In detail, this covers coke and refined petroleum products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C5 | Coke and refined petroleum products |
To see the full business activity and turnover split of Vevelon Petrochem Private Limited, buy the company report.
Financials of Vevelon Petrochem Private Limited
FY 2025 filings availableVevelon Petrochem Private Limited reported revenue of ₹46.62 Cr (down 24% YoY) for FY 2024.
Revenue · FY 2024
₹46.62 Cr ▼ 24%
Net loss · FY 2024
₹65.53 Lakh margin -1.4%
EBITDA · FY 2024
-₹63.87 Lakh margin -1.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 24%
EBITDA CAGR growth
1 year
▼ 226%
3 years · compounded
▼ 957%
Revenue fell 24% in the latest year. EBITDA fell 226% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | -₹63.87 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹65.53 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -1.4% | |||
| 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 Vevelon Petrochem Private Limited, buy the company report.
Board of directors of Vevelon Petrochem Private Limited
Vevelon Petrochem has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vimlesh Devideen Chaurasia Also directs: Risiko Consulting LLP, Blue Jay Petro Private Limited, Weli Projects Private Limited and 5 more | Director | 05 Dec 2024 | 1 Years 11 Months | Current |
| Hiren Navin Doshi Also directs: Shuram Exports India Private Limited, Intolink Private Limited, Veliora Nexus Private Limited and 2 more | Director | 24 Feb 2023 | 3 Years 8 Months | Current |
| Smitha George Also directs: Blue Jay Petro Private Limited | Director | 02 Dec 2020 | 5 Years 11 Months | Current |
Auditor
Vevelon Petrochem Private Limited is audited by R J GANDHI & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R J GANDHI & ASSOCIATES | FY 2021 | 154481W |
Shareholding
The shareholding of Vevelon Petrochem Private Limited is on record for FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Vevelon Petrochem Private Limited, buy the company report.
Legal cases
Vevelon Petrochem Private Limited has 1 court case on record: 1 filed by Vevelon Petrochem. All case is pending.
Total cases
1
Filed by the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed by the company against SSPP Petro Products Pvt Ltd | Pending |
To see the full case history of Vevelon Petrochem 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 Vevelon Petrochem Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vevelon Petrochem has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCV7636F1Z0 | Maharashtra | Active | 17 Mar 2021 |
To see the full GST registrations and return filing status of Vevelon Petrochem Private Limited, buy the company report.
Recent activity
Vevelon Petrochem Private Limited has 7 board changes on record since 2020: 3 appointments and 4 cessations. The latest: Vimlesh Devideen Chaurasia was appointed as Director on 05 Dec 2024.
AGM
Vevelon Petrochem Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Vevelon Petrochem Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Appointed
Vimlesh Devideen Chaurasia was appointed as Director.
Ceased
Hiren Navin Doshi ceased to be Additional Director.
Ceased
Amisha Pankaj Patel ceased to be Director.
Appointed
Hiren Navin Doshi was appointed as Director.
Ceased
Pankaj Nagjibhai Patel ceased to be Managing Director.
Ceased
Vimlesh Devideen Chaurasia ceased to be Director.
Appointed
Smitha George was appointed as Director.
Incorporation
02 Dec 2020
Vevelon Petrochem Private Limited was registered on 02 Dec 2020 with Roc Mumbai I & aged 5 years 11 months as per MCA records.
Frequently asked questions
Vevelon Petrochem is an active foreign private limited company based in Mumbai, Maharashtra, India. The company works in petrochemicals and derivatives, within the chemicals and materials industry. It was incorporated on 02 December 2020 (6+ years old) and is registered under CIN U23200MH2020FTC351117.
Vevelon Petrochem has 3 current directors:
- Vimlesh Devideen Chaurasia - Director
- Hiren Navin Doshi - Director
- Smitha George - Director
The latest financial statements of Vevelon Petrochem 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 FY 2021 are in the company report.
The GSTIN of Vevelon Petrochem is 27AAHCV7636F1Z0, registered in Maharashtra.
The CIN (Corporate Identification Number) of Vevelon Petrochem is U23200MH2020FTC351117. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vevelon Petrochem has 1 court case on record: 1 filed by the company. 1 is pending.
Vevelon Petrochem was incorporated on 02 December 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
Vimlesh Devideen Chaurasia was appointed as Director on 05 Dec 2024. Hiren Navin Doshi ceased to be Additional Director on 29 Sep 2023. Amisha Pankaj Patel ceased to be Director on 24 Feb 2023. Vevelon Petrochem has 7 board changes on record in total.
Yes, Vevelon Petrochem is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-18-0044678).
Vevelon Petrochem can be reached through the website vevelon.com. Its registered office is in Mumbai, Maharashtra, India.
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