Vee-Nee Leather Private Limited
About Vee-Nee Leather Private Limited
Data last updated:
Vee-Nee Leather Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the leather goods manufacturing segment of the consumer goods sector. It was incorporated on 13 November 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U51399DL1997PTC090675. Its GSTIN is 09AABCV4407C1ZN (Uttar Pradesh). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹24.9 Lakh. It is led by directors Sunita Sharma and Sanjay Singh.
Its last annual general meeting (AGM) was held on 30 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 218 – B Kotla Village Mayur Vihar Phase I, New Delhi, Delhi, India – 110091.
As per the financials filed for FY 2020, the company reported a revenue of ₹3.19 Cr, a decline of 52% compared to the previous year. For the same year it recorded a net loss of ₹16.08 Lakh (net margin -5%) and EBITDA of ₹4.35 Lakh (EBITDA margin 1.4%). Revenue has grown at a compounded annual rate (CAGR) of 51% over three years and 2% over five years.
As per MCA filings, the company has satisfied charges of ₹2.46 Cr on record. Court records list 5 cases involving the company, including 5 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Vee-Nee Leather Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address218 – B Kotla Village Mayur Vihar Phase I, New Delhi, Delhi, India – 110091
- IndustryConsumer Goods, Leather Goods Manufacturing
To see the full contact details of Vee-Nee Leather 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-Nee Leather 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 Vee-Nee Leather Private Limited, buy the company report.
Financials of Vee-Nee Leather Private Limited
FY 2020 filings availableVee-Nee Leather Private Limited reported revenue of ₹3.19 Cr (down 52% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 52% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA fell 88% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹3.19 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | ₹4.35 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹16.08 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.4% | ||||
| Net Profit Margin | -5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Vee-Nee Leather Private Limited, buy the company report.
Board of directors of Vee-Nee Leather Private Limited
Vee-Nee Leather has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunita Sharma Also directs: Plus 360 Fahrenheit Solutions Private Limited | Director | 30 Aug 2019 | 7 Years 1 Months | Current |
| Sanjay Singh | Director | 16 Jun 2002 | 24 Years 4 Months | Current |
Peer comparison
Vee-Nee Leather Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Products industry (Leather, Leather Goods Manufacturers), 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 |
|---|---|---|---|---|---|---|
| Comobilia Private Limited | ₹3.26 Cr (FY 2023) | -87.0% | Hoshiarpur, Punjab, India | |||
| Signapurkar's Leather House Private Limited | ₹3.24 Cr (FY 2017) | 43.0% | Mumbai, Maharashtra, India | |||
| Podder Sons Exl Pvt Ltd | ₹3.21 Cr (FY 2025) | -45.0% | West Bengal, India | |||
| Vee-Nee Leather Private Limitedthis company | ₹3.19 Cr (FY 2020) | -₹16.08 Lakh | -5% | -52.0% | New Delhi, Delhi, India | |
| Taj Cuir Private Limited | ₹3.11 Cr (FY 2025) | -6.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Vee-Nee Leather Private Limited, buy the company report.
Auditor
Vee-Nee Leather Private Limited is audited by SUNIL ANIL & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUNIL ANIL & ASSOCIATES | FY 2018 | 007464N |
Shareholding
The shareholding of Vee-Nee Leather Private Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Vee-Nee Leather Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Sep 2020 | 100385061 | Others | ₹6.18 Lakh | Satisfied | |
| 17 Jan 2007 | 10032582 | Corporation Bank | ₹2 Cr | Satisfied | |
| 02 Sep 2005 | 80020358 | Standard Charted Bank | ₹40 Lakh | Satisfied |
To see the full charge records of Vee-Nee Leather Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Vee-Nee Leather Private Limited has 5 court cases on record: 5 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 0 |
Cases on record (4 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Commercial suit | Filed against the company by Jotsaroop Knits Pvt Ltd | Disposed |
| District court, North East, Delhi | Court case (Civ Suit) | Filed against the company by an individual | Disposed |
| District court, Haridwar, Uttarakhand | Criminal case | Filed against the company by an individual | Disposed |
| District court, Haridwar, Uttarakhand | Criminal case | Filed against the company by an individual | Disposed |
To see the full case history of Vee-Nee Leather 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-Nee Leather Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vee-Nee Leather has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AABCV4407C1ZN | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vee-Nee Leather Private Limited, buy the company report.
Recent activity
Vee-Nee Leather Private Limited has 6 board changes on record since 2002: 2 appointments and 4 cessations. The latest: Manish Tomar ceased to be Additional Director on 25 Nov 2019.
4 earlier events are in the company report.
Frequently asked questions
Vee-Nee Leather is an active private limited company based in New Delhi, Delhi, India. The company works in leather goods manufacturing, within the consumer goods industry. It was incorporated on 13 November 1997 (29+ years old) and is registered under CIN U51399DL1997PTC090675.
Vee-Nee Leather has 2 current directors:
- Sunita Sharma - Director
- Sanjay Singh - Director
The latest financial statements of Vee-Nee Leather on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 30 December 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Vee-Nee Leather is 09AABCV4407C1ZN, registered in Uttar Pradesh. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Vee-Nee Leather is U51399DL1997PTC090675. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vee-Nee Leather has 5 court cases on record: 5 filed against it.
Vee-Nee Leather was incorporated on 13 November 1997, making it 29+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Vee-Nee Leather by revenue are Comobilia Private Limited, Signapurkar's Leather House Private Limited, Podder Sons Exl Pvt Ltd, Taj Cuir Private Limited, all in the Consumer Products industry (Leather, Leather Goods Manufacturers), with the same principal business activity (textile, leather and other apparel products).
Manish Tomar ceased to be Additional Director on 25 Nov 2019. Sunita Sharma ceased to be Additional Director on 30 Sep 2019. Sunita Sharma was appointed as Director on 30 Aug 2019. Vee-Nee Leather has 6 board changes on record in total.
The registered office of Vee-Nee Leather is at 218 – B Kotla Village Mayur Vihar Phase I, New Delhi, Delhi, India – 110091.
Vee-Nee Leather operates in the consumer goods industry, in the leather goods manufacturing segment.