Veanus Corn Products Private Limited

Veanus Corn Products Private Limited - food and beverages in Thiruvallur, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U15500TN2013PTC091983 Incorporated 03 July 2013 ROC Chennai HQ Thiruvallur, Tamil Nadu, India
Active Private Limited Company food and beverages
Data last updated
Revenue · FY 2022
₹3.87 Cr
▼ 63% YoY
Net loss · FY 2022
₹99.94 Lakh
Net margin -25.8%
EBITDA · FY 2022
-₹39.56 Lakh
EBITDA margin -10.2%
Authorised capital
₹4.51 Cr
Registered with MCA
Paid-up capital
₹2.11 Cr
Issued & subscribed
Satisfied charges
₹1.2 Cr
No open charges
Company age
13 yrs
Est. 2013
Employees · EPFO
32
Provident fund records

About Veanus Corn Products Private Limited

Data last updated:

Veanus Corn Products Private Limited is a private limited company based in Thiruvallur, Tamil Nadu, India. It operates in the organic and health foods segment of the food and beverages sector. It was incorporated on 03 July 2013 and has been in existence for over 13 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U15500TN2013PTC091983. Its GSTIN is 33AAECV5006E2ZR (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹4.51 Cr and a paid-up capital of ₹2.11 Cr. It is led by directors Rajesh Maharaja and Thangasamy Kannan.

Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Sy.No. 274/2C2 Pannur Matharapakkam Gummidipoondi Thiruvallur, Tamil Nadu, India – 601202.

As per the financials filed for FY 2022, the company reported a revenue of ₹3.87 Cr, a decline of 63% compared to the previous year. For the same year it recorded a net loss of ₹99.94 Lakh (net margin -25.8%) and EBITDA of -₹39.56 Lakh (EBITDA margin -10.2%). Revenue has declined at a compounded annual rate (CAGR) of 41% over three years and 17% over five years.

The company has about 32 employees on its provident fund (EPFO) records.

As per MCA filings, the company has satisfied charges of ₹1.2 Cr on record. Court records list 1 case involving the company, including 1 filed against it.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U15500TN2013PTC091983
Registration Number 091983
Incorporation Date 03 July 2013
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Compliant

Contact details

Veanus Corn Products Private Limited's registered office is in Thiruvallur, Tamil Nadu. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Sy.No. 274/2C2 Pannur Matharapakkam Gummidipoondi Thiruvallur, Tamil Nadu, India – 601202
  • Industry
    Food and Beverages, Organic & Health Foods

To see the full contact details of Veanus Corn Products Private Limited, buy the company report.

Comprehensive company report
Veanus Corn Products 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 Veanus Corn Products is manufacturing. In detail, this covers food, beverages and tobacco products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC1Food, beverages and tobacco products

To see the full business activity and turnover split of Veanus Corn Products Private Limited, buy the company report.

Financials of Veanus Corn Products Private Limited

FY 2022 filings available

Veanus Corn Products Private Limited reported revenue of ₹3.87 Cr (down 63% YoY) for FY 2022.

Revenue · FY 2022
₹3.87 Cr ▼ 63%
Net loss · FY 2022
₹99.94 Lakh margin -25.8%
EBITDA · FY 2022
-₹39.56 Lakh margin -10.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 63%
3 years · compounded
▼ 41%
5 years · compounded
▼ 17%
EBITDA CAGR growth
1 year
▲ 45%
3 years · compounded
▼ 37%
5 years · compounded
▼ 19%

Revenue has declined at a compounded annual rate (CAGR) of 17% over five years, including a 63% fall in the latest year. EBITDA rose 45% 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 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
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-₹39.56 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹99.94 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

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profitability
EBITDA Margin-10.2%
Net Profit Margin-25.8%
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 Veanus Corn Products Private Limited, buy the company report.

Board of directors of Veanus Corn Products Private Limited

Veanus Corn Products has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Rajesh MaharajaDirector19 Aug 20224 Years 2 MonthsCurrent
Thangasamy KannanAdditional Director23 Feb 20233 Years 7 MonthsCurrent

Auditor

Veanus Corn Products Private Limited is audited by K G S & ASSOCIATES for the financial year 2020.

Auditor firmFinancial yearFirm registration number
K G S & ASSOCIATESFY 2020010806S

Shareholding

The shareholding of Veanus Corn Products Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2020FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Veanus Corn Products Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹1.2 Cr
Breakdown by lending institutions
Others₹1.20 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
22 Sep 2016100055696Others₹20 LakhSatisfied
03 Jul 201410515167Others₹1 CrSatisfied

To see the full charge records of Veanus Corn Products Private Limited, buy the company report.

Total charge records: 2 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Veanus Corn Products Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Veanus Corn Products Private Limited has a workforce of 32 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.

Employee count
32
Active EPFO establishments
1

GST

Veanus Corn Products has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
33AAECV5006E2ZRTamil NaduActive01 Jul 2017

To see the full GST registrations and return filing status of Veanus Corn Products Private Limited, buy the company report.

Recent activity

Veanus Corn Products Private Limited has 9 board changes on record since 2018: 2 appointments and 7 cessations. The latest: Arvind Vaiduria ceased to be Additional Director on 16 Aug 2023.

Charges
A charge registered on 03 Jul 2014 via Charge ID 10515167 with Others was fully satisfied on 28 Oct 2024.
Ceased
Arvind Vaiduria ceased to be Additional Director.
Appointed
Thangasamy Kannan was appointed as Additional Director.
AGM
Veanus Corn Products Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Ceased
Rajesh Maharaja ceased to be Additional Director.
Ceased
Jebastin Edward ceased to be Director.
Appointed
Rajesh Maharaja was appointed as Director.
Ceased
Arvind Jayaraj ceased to be Managing Director.
Filing
Veanus Corn Products Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Chennai.
Ceased
Gopikrishnan Thangadurai ceased to be Additional Director.
Charges
A charge registered on 22 Sep 2016 via Charge ID 100055696 with Others was fully satisfied on 27 May 2019.
Ceased
Devasahayam Jabamany ceased to be Director.

5 earlier events are in the company report.

Frequently asked questions

Veanus Corn Products is an active private limited company based in Thiruvallur, Tamil Nadu, India. The company works in organic and health foods, within the food and beverages industry. It was incorporated on 03 July 2013 (13+ years old) and is registered under CIN U15500TN2013PTC091983.

Veanus Corn Products has 2 current directors:

The latest financial statements of Veanus Corn Products on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.

The GSTIN of Veanus Corn Products is 33AAECV5006E2ZR, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Veanus Corn Products is U15500TN2013PTC091983. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Veanus Corn Products has 1 court case on record: 1 filed against it.

Veanus Corn Products was incorporated on 03 July 2013, making it 13+ years old. It is registered with the Registrar of Companies, Chennai.

Arvind Vaiduria ceased to be Additional Director on 16 Aug 2023. Thangasamy Kannan was appointed as Additional Director on 23 Feb 2023. Rajesh Maharaja ceased to be Additional Director on 30 Sep 2022. Veanus Corn Products has 9 board changes on record in total.

The registered office of Veanus Corn Products is at Sy.No. 2742C2 Pannur Matharapakkam Gummidipoondi Thiruvallur, Tamil Nadu, India – 601202.

Veanus Corn Products operates in the food and beverages industry, in the organic and health foods segment.