Veda Finneblend Private Limited
About Veda Finneblend Private Limited
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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.
Company details
Contact details
Veda Finneblend Private Limited's registered office is in Coimbatore, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address25 Chinna Ayyavu Layout Opp.Adwaith Gns Hsc School Sowripalayam Road, Coimbatore, Tamil Nadu, India – 641028
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Veda Finneblend 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 Veda Finneblend is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Veda Finneblend Private Limited, buy the company report.
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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | -₹5.39 Lakh | ||||
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| Net Profit (PAT) | -₹20.04 Lakh | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Profitability | |||||
| EBITDA Margin | -11.9% | ||||
| Net Profit Margin | -44.3% | ||||
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To see the full financial statements and ratios of Veda Finneblend Private Limited, buy 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 6 companies closest to it by revenue 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.
| 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 Limitedthis company | ₹45.24 Lakh (FY 2022) | -₹20.04 Lakh | -44.3% | 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 |
To see the full peer comparison of Veda Finneblend Private Limited, buy the company report.
Auditor
Veda Finneblend Private Limited is audited by P N RAGHAVENDRA RAO & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P N RAGHAVENDRA RAO & CO | FY 2020 | 003328S |
Shareholding
The shareholding of Veda Finneblend Private Limited is on record for 2 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Veda Finneblend Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Nov 2019 | 100324552 | Indian Bank | ₹1.05 Cr | Satisfied |
To see the full charge records of Veda Finneblend Private Limited, buy the company report.
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 |
To see the full case history of Veda Finneblend 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 Veda Finneblend Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Veda Finneblend has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AADCV8978L1ZJ | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Veda Finneblend Private Limited, buy 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 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.