MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0062100
Ramsons Veit Private Limited - machinery and equipment in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹9.94 Cr
▼ 46% YoY
Net loss · FY 2024
₹51.57 Lakh
Net margin -5.2%
EBITDA · FY 2024
-₹63.68 Lakh
EBITDA margin -6.4%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹2 Cr
Issued & subscribed
Open charges
₹1.5 Cr
Secured borrowings
Company age
31 yrs
Est. 1995
Employees · EPFO
10
Provident fund records
About Ramsons Veit Private Limited
Data last updated:
Ramsons Veit Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 27 November 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U18101KA1995PTC019270. Its GSTIN is 29AABCR2066H1ZC (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It is led by directors including Guenter Veit and Prakash Ramchand Belani.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹9.94 Cr, a decline of 46% compared to the previous year. For the same year it recorded a net loss of ₹51.57 Lakh (net margin -5.2%) and EBITDA of -₹63.68 Lakh (EBITDA margin -6.4%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years.
The company has about 10 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.5 Cr on record. Court records list 2 cases involving the company, including 2 filed against it.
Ramsons Veit Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0062100). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ramsonsindia.com.
Company details
CIN U18101KA1995PTC019270
Registration Number 019270
Incorporation Date 27 November 1995
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0062100
Recognitions & Rankings of Ramsons Veit
Contact details
Ramsons Veit Private Limited's registered office is in Bangalore, Karnataka. Its website is ramsonsindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo.215/2 Bommasandra Village Attibele Hobli Ane, Kal Taluk, Bangalore, Karnataka, India – 560099
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
To see the full contact details of Ramsons Veit Private Limited, buy the company report.
Comprehensive company report
Ramsons Veit 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Ramsons Veit is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Ramsons Veit Private Limited, buy the company report.
Financials of Ramsons Veit Private Limited
FY 2024 filings availableRamsons Veit Private Limited reported revenue of ₹9.94 Cr (down 46% YoY) for FY 2024.
Revenue · FY 2024
₹9.94 Cr ▼ 46%
Net loss · FY 2024
₹51.57 Lakh margin -5.2%
EBITDA · FY 2024
-₹63.68 Lakh margin -6.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 46%
3 years · compounded
▲ 8%
EBITDA CAGR growth
1 year
▼ 116%
3 years · compounded
▼ 95%
5 years · compounded
▼ 11%
Revenue fell 46% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA fell 116% 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 | FY 2019-20 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | -₹63.68 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹51.57 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -6.4% | ||||
| Net Profit Margin | -5.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Ramsons Veit Private Limited, buy the company report.
Board of directors of Ramsons Veit Private Limited
Ramsons Veit has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Guenter Veit | Director | 27 Nov 1995 | 30 Years 10 Months | Current |
| Prakash Ramchand Belani Also directs: Insta Wash Private Limited | Director | 27 Nov 1995 | 30 Years 10 Months | Current |
| Chand Ramachand Belani | Director | 27 Nov 1995 | 30 Years 10 Months | Current |
| Sunder Belani Also directs: Insta Wash Private Limited, Satkruti Realestate Private Limited, Ramsons Garment Finishing Equipments Private Limited and 1 more | Director | 27 Nov 1995 | 30 Years 10 Months | Current |
Auditor
Ramsons Veit Private Limited is audited by HARISH KUMAR DOGRA for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HARISH KUMAR DOGRA | FY 2022 | 022410 |
Shareholding
The shareholding of Ramsons Veit Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ramsons Veit Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.5 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Mar 2013 | 10416397 | Indian Bank | ₹1.5 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Ramsons Veit Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Total cases
2
Filed against the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Execution petition | Filed against the company by Savani Carrying Pvt. Ltd. | Disposed |
| District court, BENGALURU, Karnataka | Criminal case | Filed against the company by Savani Carrying Pvt. Ltd. | Disposed |
To see the full case history of Ramsons Veit 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
Ramsons Veit Private Limited has 8 MSME Form 1 returns on record between 2019 and 2022, listing 37 overdue payments to 11 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 11)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Krishnaa Drives | |||
| Digital Instruments & Control Systems | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Ramsons Veit Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Ramsons Veit Private Limited has a workforce of 10 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
Employee count
10
Active EPFO establishments
1
Employee growth
-9.09%
GST
Ramsons Veit has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCR2066H1ZC | Karnataka | Active | 01 Jul 2017 |
| 33AABCR2066H1ZN | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ramsons Veit Private Limited, buy the company report.
Recent activity
Ramsons Veit Private Limited has 4 board changes on record since 1995: 4 appointments. The latest: Chand Ramachand Belani was appointed as Director on 27 Nov 1995.
AGM
Ramsons Veit Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Ramsons Veit Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Indian Bank amounted to Rs. 1.50 Cr with Charge ID 10416397 was registered on 07 Mar 2013.
Appointed
Chand Ramachand Belani was appointed as Director.
Appointed
Guenter Veit was appointed as Director.
Appointed
Prakash Ramchand Belani was appointed as Director.
Appointed
Sunder Belani was appointed as Director.
Incorporation
27 Nov 1995
Ramsons Veit Private Limited was registered on 27 Nov 1995 with Roc Bangalore & aged 30 years 10 months as per MCA records.
News
Frequently asked questions
Ramsons Veit is an active private limited company based in Bangalore, Karnataka, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 27 November 1995 (31+ years old) and is registered under CIN U18101KA1995PTC019270.
Ramsons Veit has 4 current directors:
- Guenter Veit - Director
- Prakash Ramchand Belani - Director
- Chand Ramachand Belani - Director
- Sunder Belani - Director
The latest financial statements of Ramsons Veit on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Ramsons Veit is 29AABCR2066H1ZC, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33AABCR2066H1ZN (Tamil Nadu).
The CIN (Corporate Identification Number) of Ramsons Veit is U18101KA1995PTC019270. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ramsons Veit has 2 court cases on record: 2 filed against it.
Ramsons Veit was incorporated on 27 November 1995, making it 31+ years old. It is registered with the Registrar of Companies, Bangalore.
Chand Ramachand Belani was appointed as Director on 27 Nov 1995. Guenter Veit was appointed as Director on 27 Nov 1995. Prakash Ramchand Belani was appointed as Director on 27 Nov 1995. Ramsons Veit has 4 board changes on record in total.
Yes, Ramsons Veit is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0062100).
Ramsons Veit has 8 MSME Form 1 returns on record between 2019 and 2022, listing 37 overdue payments to 11 micro and small suppliers. The latest return was filed on 16 Jul 2022.
Ramsons Veit can be reached through the website ramsonsindia.com. Its registered office is in Bangalore, Karnataka, India.