
Vee Kay Oils Private Limited
About Vee Kay Oils Private Limited
Data last updated:
Vee Kay Oils Private Limited is a private limited company based in Ludhiana, Punjab, India. It operates in the edible oils and cooking fats segment of the food and beverages sector. It was incorporated on 17 November 1978 and has been in existence for over 48 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U15143PB1978PTC003884. Its GSTIN is 27AAACV7617D1ZE (Maharashtra). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹65 Lakh. It is led by directors including Goldy Arora and Kamal Kishore Arora.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 5th Floor Surya Kiranbuilding The Mall Ludhiana, Punjab, India – 141001.
As per the financials filed for FY 2023, the company reported a revenue of ₹11.02 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹53.49 Lakh (net margin 4.9%) and EBITDA of ₹1.43 Cr (EBITDA margin 13%). Revenue has grown at a compounded annual rate (CAGR) of 102% over three years and 34% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹8.48 Cr on record. Court records list 41 cases involving the company, including 35 filed by the company and 6 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Vee Kay Oils Private Limited's registered office is in Ludhiana, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address5th Floor Surya Kiranbuilding The Mall Ludhiana, Punjab, India – 141001
- IndustryFood and Beverages, Edible Oils & Cooking Fats
To see the full contact details of Vee Kay Oils 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 Vee Kay Oils 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 Vee Kay Oils Private Limited, buy the company report.
Financials of Vee Kay Oils Private Limited
FY 2025 filings availableVee Kay Oils Private Limited reported revenue of ₹11.02 Cr (up 266% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 34% over five years, including 266% growth in the latest year. EBITDA rose 207% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹11.02 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.43 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹53.49 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 | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13% | ||||
| Net Profit Margin | 4.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Vee Kay Oils Private Limited, buy the company report.
Board of directors of Vee Kay Oils Private Limited
Vee Kay Oils has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Goldy Arora Also directs: Yogesh Vanaspati Private Limited, Ludhiana Fibres Ltd | Director | 14 Jun 1983 | 43 Years 5 Months | Current |
| Kamal Kishore Arora Also directs: Yogesh Vanaspati Private Limited, Ludhiana Fibres Ltd, Kamal Oil and Allied Industries LLP and 1 more | Director | 17 Nov 1978 | 47 Years 11 Months | Current |
| Waman Sonaji Tayade | Director | 17 Nov 2017 | 8 Years 11 Months | Current |
Peer comparison
Vee Kay Oils Private Limited is compared with the 4 companies closest to it by revenue in the Food and Beverages industry (Edible Oils), with the same principal business activity (food, beverages and tobacco products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Chambal Oil Products Private Limited | ₹39.51 Cr (FY 2024) | 13.0% | Bhind, Madhya Pradesh, India | |||
| Gurdaspur Solvex Pvt Ltd | ₹38.87 Cr (FY 2019) | 11.0% | Gurdaspur, Punjab, India | |||
| Sri Sampoorani Amma Mills Private Limited | ₹37.43 Cr (FY 2018) | Coimbatore, Tamil Nadu, India | ||||
| Ricela Chem Oils Private Limited | ₹37.25 Cr (FY 2025) | -65.0% | Dhuri, Punjab, India | |||
| Vee Kay Oils Private Limitedthis company | ₹11.02 Cr (FY 2023) | ₹53.49 Lakh | 4.9% | 266.0% | 2 | Ludhiana, Punjab, India |
To see the full peer comparison of Vee Kay Oils Private Limited, buy the company report.
Auditor
Vee Kay Oils Private Limited is audited by NANDA & BHATIA for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NANDA & BHATIA | FY 2023 | 004342N |
Shareholding
The shareholding of Vee Kay Oils Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Vee Kay Oils Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Nov 2020 | 100387006 | Others | ₹2 Cr | Open | |
| 17 Jul 1989 | 90168289 | The Punjab State Industiral Developoement Cor. Ltd. | ₹26.5 Lakh | Open | |
| 13 Jan 1989 | 90170452 | State Bank of India | ₹35 Lakh | Open | |
| 29 Nov 1988 | 90170449 | State Bank of India | ₹10.5 Lakh | Open | |
| 31 Aug 1987 | 90170398 | State Bank of India | ₹24 Lakh | Open |
To see the full charge records of Vee Kay Oils Private Limited, buy the company report.
Total charge records: 19 View all charges
Legal cases
Vee Kay Oils Private Limited has 41 court cases on record: 35 filed by Vee Kay Oils, 6 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 32 | 2 | 0 |
| District courts | 9 | 4 | 0 |
Cases on record (5 of 41)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Punjab and Haryana | Writ petition | Filed by the company against Vee Kay Fibres Ltd. and 2 others | Disposed |
| High Court, CHANDIGARH (UT) | Appeal | Filed by the company against Punjab State Industrial Development Corporation Ltd & Ors | Disposed |
| District court, kachchh at Bhuj, Gujarat | Criminal complaint | Filed against the company by State Throught H M Patel, Labour Officer and Inspector of Minimum Wages Acr 1948 | Disposed |
| High Court, PUNJAB | Writ petition | Filed by the company against individuals | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Complaint ULP) | Filed against the company by an individual | Disposed |
To see the full case history of Vee Kay Oils 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 Vee Kay Oils Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Vee Kay Oils Private Limited has a workforce of 2 employees on its EPFO records as of Jul 2023, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2023-24 | 2 |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Vee Kay Oils Private Limited, buy the company report.
GST
Vee Kay Oils has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACV7617D1ZE | Maharashtra | Active | 01 Jul 2017 |
| 24AAACV7617D1ZK | Gujarat | Active | 11 Dec 2019 |
To see the full GST registrations and return filing status of Vee Kay Oils Private Limited, buy the company report.
Recent activity
Vee Kay Oils Private Limited has 5 board changes on record since 1978: 3 appointments and 2 cessations. The latest: Sarita Arora ceased to be Director on 14 Oct 2021.
25 earlier events are in the company report.
Frequently asked questions
Vee Kay Oils is an active private limited company based in Ludhiana, Punjab, India. The company works in edible oils and cooking fats, within the food and beverages industry. It was incorporated on 17 November 1978 (48+ years old) and is registered under CIN U15143PB1978PTC003884.
Vee Kay Oils has 3 current directors:
- Goldy Arora - Director
- Kamal Kishore Arora - Director
- Waman Sonaji Tayade - Director
The latest financial statements of Vee Kay Oils on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Vee Kay Oils is 27AAACV7617D1ZE, registered in Maharashtra. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 24AAACV7617D1ZK (Gujarat).
The CIN (Corporate Identification Number) of Vee Kay Oils is U15143PB1978PTC003884. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vee Kay Oils has 41 court cases on record: 35 filed by the company and 6 filed against it. Most are in the high courts.
Vee Kay Oils was incorporated on 17 November 1978, making it 48+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Vee Kay Oils by revenue are Chambal Oil Products Private Limited, Gurdaspur Solvex Pvt Ltd, Sri Sampoorani Amma Mills Private Limited, Ricela Chem Oils Private Limited, all in the Food and Beverages industry (Edible Oils), with the same principal business activity (food, beverages and tobacco products).
Sarita Arora ceased to be Director on 14 Oct 2021. Waman Sonaji Tayade was appointed as Director on 17 Nov 2017. Ravi Gowde ceased to be Additional Director on 25 Sep 2013. Vee Kay Oils has 5 board changes on record in total.
The registered office of Vee Kay Oils is at 5th Floor Surya Kiranbuilding The Mall Ludhiana, Punjab, India – 141001.
Vee Kay Oils operates in the food and beverages industry, in the edible oils and cooking fats segment.

