Veda Finneblend Private Limited
About Veda Finneblend Private Limited
Data last updated:
Veda Finneblend Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 18 November 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U17111TZ2011PTC017593. Its GSTIN is 33AADCV8978L1ZJ (Tamil Nadu).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Rohit Jaganathan Ramachandran and Ramachandran Rahulsrinivasan.
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 25 Chinna Ayyavu Layout Opp.Adwaith Gns Hsc School Sowripalayam Road, Coimbatore, Tamil Nadu, India – 641028.
As per the financials filed for FY 2022, the company reported a revenue of ₹45.24 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹20.04 Lakh (net margin -44.3%) and EBITDA of -₹5.39 Lakh (EBITDA margin -11.9%). Revenue has grown at a compounded annual rate (CAGR) of 114% over three years.
As per MCA filings, the company has open charges of ₹1.05 Cr and satisfied charges of ₹1.05 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address25 Chinna Ayyavu Layout Opp.Adwaith Gns Hsc School Sowripalayam Road, Coimbatore, Tamil Nadu, India – 641028
- IndustryManufacturing, Textile & Fabric Production
- 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
- One PDF report, delivered after checkout
Business Activity
The main business activity of Veda Finneblend is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Financials of Veda Finneblend Private Limited
FY 2022 filings availableVeda Finneblend Private Limited reported revenue of ₹45.24 Lakh (up 357% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 114% over three years, including 357% growth in the latest year. EBITDA fell 253% 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 2017-18 to FY 2020-21in the company report |
|---|---|---|
| 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 | -₹5.39 Lakh | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | -₹20.04 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 2017-18 to FY 2020-21in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -11.9% | |
| Net Profit Margin | -44.3% | |
| 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 | •••• | |
Paid data: the figures shown as dots, and every line for FY 2017-18 to FY 2020-21, are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Veda Finneblend are in the company report.
: available in the company report
Board of Directors of Veda Finneblend Private Limited
Veda Finneblend has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rohit Jaganathan Ramachandran Also directs: Veda Dairy Private Limited, Fenpro Solutions Private Limited | Director | 18 Nov 2011 | 14 Years 11 Months | Current |
| Ramachandran Rahulsrinivasan Also directs: Veda Dairy Private Limited | Director | 18 Nov 2011 | 14 Years 11 Months | Current |
Peer Comparison
Veda Finneblend Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Wisdom Fabrics Private Limited | ₹45.45 Lakh (FY 2025) | •••• | •••• | 33.0% | •••• | Jalgaon, Maharashtra, India |
| Agni Garments Private Limited | ₹45.45 Lakh (FY 2025) | •••• | •••• | -30.0% | •••• | Chennai, Tamil Nadu, India |
| Kunal Textile Mills Private Limited | ₹45.42 Lakh (FY 2024) | •••• | •••• | 12.0% | •••• | Ahmedabad, Gujarat, India |
| Veda Finneblend Private Limited this company | ₹45.24 Lakh (FY 2022) | •••• | •••• | 357.0% | •••• | Coimbatore, Tamil Nadu, India |
| Risun Infotex Industries Private Limited | ₹45.21 Lakh (FY 2024) | •••• | •••• | 43.0% | •••• | Madurai, Tamil Nadu, India |
| Narayanpet Aarunya Handloom Handicrafts & Organics Producer Company Limited | ₹45.19 Lakh (FY 2023) | •••• | •••• | 39.0% | •••• | Mahabubnagar, Telangana, India |
| Marvel Crafts Private Limited | ₹45.13 Lakh (FY 2018) | •••• | •••• | -87.0% | •••• | New Delhi, Delhi, India |
Peers are the companies nearest to Veda Finneblend by revenue, above and below it, in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details
Veda Finneblend Private Limited is audited by P N RAGHAVENDRA RAO & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| P N RAGHAVENDRA RAO & CO | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Nov 2019 | Indian Bank | ₹1.05 Cr | Satisfied |
Total charge records: 1 View all charges
Legal Cases
Veda Finneblend Private Limited has 2 court cases on record: 2 filed by Veda Finneblend. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against individuals | Disposed |
| High Court, TAMIL NADU | Writ petition | Filed by the company against individuals | Disposed |
: available in 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.
Employees and EPFO Compliance
Employment history and EPFO contributions of people linked to Veda Finneblend.
: available in the company report
Recent Activity
Veda Finneblend Private Limited has 8 board changes on record since 2011: 5 appointments and 3 cessations. The latest: Jayanthi Ramachandra Adusumilli ceased to be Director on 01 Sep 2017.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Veda Finneblend has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AADCV8978L1ZJ | Tamil Nadu | Active | 01 Jul 2017 |
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Veda Finneblend is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 18 November 2011 (15+ years old) and is registered under CIN U17111TZ2011PTC017593.
Veda Finneblend has 2 current directors:
- Rohit Jaganathan Ramachandran - Director
- Ramachandran Rahulsrinivasan - Director
The latest financial statements of Veda Finneblend 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 Veda Finneblend is 33AADCV8978L1ZJ, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Veda Finneblend is U17111TZ2011PTC017593. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Veda Finneblend has 2 court cases on record: 2 filed by the company.
Veda Finneblend was incorporated on 18 November 2011, making it 15+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Veda Finneblend by revenue are Wisdom Fabrics Private Limited, Agni Garments Private Limited, Kunal Textile Mills Private Limited, Risun Infotex Industries Private Limited, Narayanpet Aarunya Handloom Handicrafts & Organics Producer Company Limited and 1 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Jayanthi Ramachandra Adusumilli ceased to be Director on 01 Sep 2017. Venkateswara Babu Kanneganti ceased to be Director on 01 Aug 2017. Padmanabhan Jayakumar ceased to be Director on 01 Oct 2016. Veda Finneblend has 8 board changes on record in total.
The registered office of Veda Finneblend is at 25 Chinna Ayyavu Layout Opp.Adwaith Gns Hsc School Sowripalayam Road, Coimbatore, Tamil Nadu, India – 641028.
Veda Finneblend operates in the manufacturing industry, in the textile and fabric production segment.