About Vee Rubber India Private Limited
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Vee Rubber India Private Limited is a private limited company based in Kunpur, Gujarat, India, a subsidiary of Permac Holdings Limited. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 23 December 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25199GJ2014PTC081632. Its GSTIN is 24AAECV9799E2ZQ (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹93 Cr and a paid-up capital of ₹90.91 Cr. It is led by directors including Arthit Jaroon Luangchan (Whole-Time Director) and Veerapon Sukanjanapong.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Revenue Block No. 510 511 514 And 516 Village – Kunpur Taluka – Mandal, Gujarat, India – 382130.
As per the financials filed for FY 2025, the company reported a revenue of ₹24.11 Cr, a growth of 27% compared to the previous year. For the same year it recorded a net loss of ₹26.13 Cr (net margin -108.4%) and EBITDA of -₹15.02 Cr (EBITDA margin -62.3%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 25% over five years.
The company has about 48 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹5.13 Cr and satisfied charges of ₹94.2 Lakh on record. Court records list 3 cases involving the company, including 3 filed against it. The company has 2 deals on record (2 rights issues); the latest was in June 2016.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website veerubber.co.in.
Company details
Contact details
Vee Rubber India Private Limited's registered office is in Kunpur, Gujarat. Its website is veerubber.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressRevenue Block No. 510 511 514 And 516 Village – Kunpur Taluka – Mandal, Gujarat, India – 382130
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Vee Rubber India 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 Rubber India is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Vee Rubber India Private Limited, buy the company report.
Financials of Vee Rubber India Private Limited
FY 2024 filings availableVee Rubber India Private Limited reported revenue of ₹24.11 Cr (up 27% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 25% over five years, including 27% growth in the latest year. 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹15.02 Cr | ||||
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| Net Profit (PAT) | -₹26.13 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | -62.3% | ||||
| Net Profit Margin | -108.4% | ||||
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To see the full financial statements and ratios of Vee Rubber India Private Limited, buy the company report.
Board of directors of Vee Rubber India Private Limited
Vee Rubber India has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arthit Jaroon Luangchan | Whole-Time Director | 14 Jul 2022 | 4 Years 3 Months | Current |
| Veerapon Sukanjanapong | Director | 23 Dec 2014 | 11 Years 10 Months | Current |
| Veerawat Sukanjanapong | Director | 23 Dec 2014 | 11 Years 10 Months | Current |
| Vitorn Sukanjanapong | Director | 23 Dec 2014 | 11 Years 10 Months | Current |
| Veerawut Sukanjanapong | Director | 23 Dec 2014 | 11 Years 10 Months | Current |
Auditor
Vee Rubber India Private Limited is audited by J M T and Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J M T and Co. | FY 2023 | 0126286W |
Shareholding
The shareholding of Vee Rubber India 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 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of Vee Rubber India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Jun 2018 | 100190899 | The Hongkong and Shanghai Banking Corporation Limited | ₹5 Cr | Open | |
| 27 Apr 2018 | 100179657 | Hdfc Bank Limited | ₹12.6 Lakh | Open | |
| 16 May 2017 | 100120752 | The Hongkong and Shanghai Banking Corporation Limited | ₹62 Lakh | Satisfied | |
| 24 Jan 2017 | 100131124 | Hdfc Bank Limited | ₹32.2 Lakh | Satisfied |
To see the full charge records of Vee Rubber India Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Vee Rubber India Private Limited has 2 deals on record (2 rights issues); the latest was in June 2016.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2016 | Rights issue | ₹28.52 Cr | Investors: Permac Holdings Limited, 3 individuals |
| Aug 2015 | Rights issue | ₹5.8 Cr | Investors: Permac Holdings Limited, 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Vee Rubber India Private Limited has 3 court cases on record: 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
Cases on record (2 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Commercial matter | Filed against the company by M/S. Adroit Structural Engineers Pvt. Ltd. Through Jasminder Singh Darshan Singh Grevwal | Disposed |
| District court, Ahmedabad, Gujarat | Court case (AGRMNT LC) | Filed against the company by an individual | Disposed |
To see the full case history of Vee Rubber India 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 Rubber India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Vee Rubber India Private Limited has a workforce of 48 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Vee Rubber India has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECV9799E2ZQ | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vee Rubber India Private Limited, buy the company report.
Recent activity
Vee Rubber India Private Limited has 7 board changes on record since 2014: 5 appointments and 2 cessations. The latest: Arthit Jaroon Luangchan ceased to be Additional Director on 11 Mar 2023.
4 earlier events are in the company report.
Frequently asked questions
Vee Rubber India is an active private limited company based in Kunpur, Gujarat, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 23 December 2014 (12+ years old) and is registered under CIN U25199GJ2014PTC081632.
Vee Rubber India has 5 current directors:
- Arthit Jaroon Luangchan - Whole-Time Director
- Veerapon Sukanjanapong - Director
- Veerawat Sukanjanapong - Director
- Vitorn Sukanjanapong - Director
- Veerawut Sukanjanapong - Director
The latest financial statements of Vee Rubber India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Vee Rubber India is 24AAECV9799E2ZQ, registered in Gujarat. 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 Vee Rubber India is U25199GJ2014PTC081632. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vee Rubber India has 3 court cases on record: 3 filed against it.
Vee Rubber India was incorporated on 23 December 2014, making it 12+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Vee Rubber India has 2 deals on record (2 rights issues); the latest was in June 2016.
Arthit Jaroon Luangchan ceased to be Additional Director on 11 Mar 2023. Arthit Jaroon Luangchan was appointed as Whole-Time Director on 14 Jul 2022. George Bordoloi ceased to be Director on 17 Nov 2021. Vee Rubber India has 7 board changes on record in total.
Vee Rubber India can be reached through the website veerubber.co.in. Its registered office is in Kunpur, Gujarat, India.