
Veanus Corn Products Private Limited
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
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 AddressSy.No. 274/2C2 Pannur Matharapakkam Gummidipoondi Thiruvallur, Tamil Nadu, India – 601202
- IndustryFood and Beverages, Organic & Health Foods
To see the full contact details of Veanus Corn Products Private Limited, buy the company report.
- 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
Business activity
The main business activity of Veanus Corn Products is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, 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 availableVeanus Corn Products Private Limited reported revenue of ₹3.87 Cr (down 63% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 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
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Maharaja | Director | 19 Aug 2022 | 4 Years 2 Months | Current |
| Thangasamy Kannan | Additional Director | 23 Feb 2023 | 3 Years 7 Months | Current |
Auditor
Veanus Corn Products Private Limited is audited by K G S & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K G S & ASSOCIATES | FY 2020 | 010806S |
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 category | FY 2020 | FY 2017 | FY 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
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Sep 2016 | 100055696 | Others | ₹20 Lakh | Satisfied | |
| 03 Jul 2014 | 10515167 | Others | ₹1 Cr | Satisfied |
To see the full charge records of Veanus Corn Products Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Veanus Corn Products Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Motor accident claim | Filed against the company by an individual | Disposed |
To see the full case history of Veanus Corn Products 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 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.
GST
Veanus Corn Products has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAECV5006E2ZR | Tamil Nadu | Active | 01 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.
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:
- Rajesh Maharaja - Director
- Thangasamy Kannan - Additional Director
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.