Vee Technologies Private Limited

Vee Technologies Private Limited - business outsourcing in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U72900KA2000PTC026709 Incorporated 22 March 2000 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company business outsourcing MSME
Data last updated
Revenue · FY 2025
₹108.79 Cr
▲ 16% YoY
Net loss · FY 2025
₹8.65 Cr
Net margin -8%
EBITDA · FY 2025
-₹61.8 Lakh
EBITDA margin -0.6%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹2.7 Cr
Issued & subscribed
Open charges
₹1.7 Cr
Satisfied ₹25.62 Cr
Company age
26 yrs
Est. 2000
Employees · EPFO
823
Provident fund records

About Vee Technologies Private Limited

Data last updated:

Vee Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the medical transcription segment of the business process outsourcing sector. It was incorporated on 22 March 2000 and has been in existence for over 26 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2000PTC026709. Its GSTIN is 29AABCV0100C2Z2 (Karnataka). The company holds 8 GST registrations, of which 7 are active.

The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹2.7 Cr. It is led by directors Valliappa Chockalingam and Chockalingam Valliappa.

Its last annual general meeting (AGM) was held on 27 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No.71 Sona Towers.Miller Road Bangalore, Karnataka, India – 560052.

As per the financials filed for FY 2025, the company reported a revenue of ₹108.79 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net loss of ₹8.65 Cr (net margin -8%) and EBITDA of -₹61.8 Lakh (EBITDA margin -0.6%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years and 15% over five years.

The company has about 823 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.

The company is associated with 2 brands: Vee Technologies and VeeTrack. As per MCA filings, the company has open charges of ₹1.7 Cr and satisfied charges of ₹25.62 Cr on record. Court records list 25 cases involving the company, including 11 filed by the company and 14 filed against it; 11 cases are pending. The company has 1 deal on record (1 secondary share transfer); the latest was in December 2016. The company has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 2 overdue payments to 2 micro and small suppliers.

Vee Technologies Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-KR-03-0002763). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website veetechnologies.com.

Company details

CIN U72900KA2000PTC026709
Registration Number 026709
Incorporation Date 22 March 2000
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 27 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-KR-03-0002763
Key People
Valliappa Chockalingam Director Chockalingam Valliappa Director

Recognitions & Rankings of Vee Technologies

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-KR-03-0002763

Contact details

Vee Technologies Private Limited's registered office is in Bangalore, Karnataka. Its website is veetechnologies.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    veetechnologies.com
  • Social Media
  • Registered Address
    No.71 Sona Towers.Miller Road Bangalore, Karnataka, India – 560052
  • Industry
    Business Outsourcing, Medical Transcription

To see the full contact details of Vee Technologies Private Limited, buy the company report.

Comprehensive company report
Vee Technologies Private Limited - one report that includes everything
  • 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
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Brands

Vee Technologies operates two associated brands: Vee Technologies and VeeTrack. Each brand links to its own profile.

BrandDescriptionWebsite
Vee Technologies
Vee Technologies provides comprehensive business advisory, financial, and legal services to clients.veetechnologies.com
VeeTrack
Media monitoring, tracking, and analytics services for print, electronic, social, and online platforms.veetrack.com

Business activity

The main business activity of Vee Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer programming, consultancy and related activities

To see the full business activity and turnover split of Vee Technologies Private Limited, buy the company report.

Financials of Vee Technologies Private Limited

FY 2024 filings available

Vee Technologies Private Limited reported revenue of ₹108.79 Cr (up 16% YoY) for FY 2025.

Revenue · FY 2025
₹108.79 Cr ▲ 16%
Net loss · FY 2025
₹8.65 Cr margin -8%
EBITDA · FY 2025
-₹61.8 Lakh margin -0.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 16%
3 years · compounded
▼ 15%
5 years · compounded
▼ 15%
EBITDA CAGR growth
1 year
▼ 108%
3 years · compounded
▼ 26%
5 years · compounded
▼ 15%

Revenue rose 16% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 15%. EBITDA fell 108% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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-₹61.8 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹8.65 Cr
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin-0.6%
Net Profit Margin-8%
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

To see the full financial statements and ratios of Vee Technologies Private Limited, buy the company report.

Board of directors of Vee Technologies Private Limited

Vee Technologies has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Valliappa Chockalingam
Also directs: Sree Valliappa Textile Private Limited, Spinwell Valliappa Private Limited, Sona Synthetics Private Limited and 5 more
Director22 Mar 200026 Years 7 MonthsCurrent
Chockalingam Valliappa
Also directs: Sona Coffee Plantations Private Limited, Sree Valliappa Textile Private Limited, Spinwell Valliappa Private Limited and 5 more
Director22 Mar 200026 Years 7 MonthsCurrent
View all directors

Auditor

Vee Technologies Private Limited is audited by S Janardhan & Associates for the financial year 2023.

Auditor firmFinancial yearFirm registration number
S Janardhan & AssociatesFY 2023005310S

Shareholding

The shareholding of Vee Technologies 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Vee Technologies Private Limited, buy the company report.

Charges & borrowings

Open charges
₹1.7 Cr
Satisfied charges
₹25.62 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹1.70 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
12 Oct 2021100505546Hdfc Bank Limited₹1.7 CrOpen
02 Nov 201510604489Central Bank of India₹6 CrSatisfied
12 Mar 201410512579Central Bank of India₹3.9 CrSatisfied
10 Jan 201310407351Central Bank of India₹7 CrSatisfied
27 Jun 201210370789Central Bank of India₹2 CrSatisfied

To see the full charge records of Vee Technologies Private Limited, buy the company report.

Total charge records: 10 View all charges

Deals & funding

Vee Technologies Private Limited has 1 deal on record (1 secondary share transfer); the latest was in December 2016.

Total deals
1
Secondary share transfer
1

Deals on record (1 of 1)

WhenDealAmountParties
Dec 2016Secondary share transferUndisclosedBuyer: Chockalingam Valliappa (HUF), 3 individuals
Seller: Valliappa Software Technological Park Private Limited , 2 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Vee Technologies Private Limited was last rated by Brickwork on 02 Jul 2021.

Rating agencyRated onRating
Brickwork02 Jul 2021

To see the full credit ratings and regulatory alerts of Vee Technologies Private Limited, buy the company report.

MSME payment delays

Vee Technologies Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 2 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (2 of 2)

SupplierAmount dueDue sinceReported on
an individual supplier
Sniper Systems & Solutions Private Limited

To see the full MSME payment records of Vee Technologies Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Group structure & subsidiaries

Vee Technologies has 1 subsidiary company and 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

1
Subsidiary companies
1
Associated companies
Key subsidiaries
Company NameCINShares held
Meta-I Technologies Private LimitedU80301KA2001PTC029738

To see the full group structure of Vee Technologies Private Limited, buy the company report.

Employees & EPFO

Vee Technologies Private Limited has a workforce of 823 employees on its EPFO records as of Mar 27, 2024, across 7 active EPFO establishments.

Employee count
823
Active EPFO establishments
7
Employee growth
-81.33%

GST

Vee Technologies has 8 GST registrations: 7 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
8
Active
7
Cancelled / inactive
1
GSTINStateStatusRegistered on
29AABCV0100C2Z2KarnatakaActive01 Jul 2017
33AABCV0100C1ZETamil NaduActive01 Jul 2017
33AABCV0100C2ZDTamil NaduActive01 Jul 2017
33AABCV0100C3ZCTamil NaduActive01 Jul 2017

To see the full GST registrations and return filing status of Vee Technologies Private Limited, buy the company report.

Recent activity

Vee Technologies Private Limited has 3 board changes on record since 2000: 2 appointments and 1 cessation. The latest: Valliappa Thiagarajan ceased to be Director on 26 Mar 2018.

AGM
Vee Technologies Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.
Filing
Vee Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge registered on 10 Jan 2013 via Charge ID 10407351 with Central Bank Of India was fully satisfied on 09 Sep 2022.
Charges
A charge with Hdfc Bank Limited of Rs. 1.70 Cr registered on 12 Oct 2021 with Charge ID 100505546 was modified on 18 May 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.70 Cr with Charge ID 100505546 was registered on 12 Oct 2021.
Charges
A charge registered on 02 Nov 2015 via Charge ID 10604489 with Central Bank Of India was fully satisfied on 08 Oct 2020.
Charges
A charge registered on 03 Jun 2011 via Charge ID 10295825 with Central Bank Of India was fully satisfied on 17 Dec 2019.
Charges
A charge registered on 20 May 2003 via Charge ID 90198289 with Central Bank Of India was fully satisfied on 17 Dec 2019.
Charges
A charge registered on 12 Mar 2014 via Charge ID 10512579 with Central Bank Of India was fully satisfied on 20 Aug 2019.
Charges
A charge registered on 27 Jun 2012 via Charge ID 10370789 with Central Bank Of India was fully satisfied on 20 Aug 2019.
Charges
A charge registered on 22 Feb 2012 via Charge ID 10420020 with Central Bank Of India was fully satisfied on 20 Aug 2019.
Charges
A charge registered on 12 Jan 2012 via Charge ID 10424405 with Central Bank Of India was fully satisfied on 20 Aug 2019.

15 earlier events are in the company report.

News

Frequently asked questions

Vee Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in medical transcription, within the business outsourcing industry. It was incorporated on 22 March 2000 (26+ years old) and is registered under CIN U72900KA2000PTC026709.

Vee Technologies has 2 current directors:

The latest financial statements of Vee Technologies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 27 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Vee Technologies is 29AABCV0100C2Z2, registered in Karnataka. The company has 8 GST registrations in all, of which 7 are active and 1 is cancelled or inactive. Other active GSTINs include 33AABCV0100C1ZE (Tamil Nadu), 33AABCV0100C2ZD (Tamil Nadu), 33AABCV0100C3ZC (Tamil Nadu).

The CIN (Corporate Identification Number) of Vee Technologies is U72900KA2000PTC026709. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Vee Technologies has 25 court cases on record: 11 filed by the company and 14 filed against it. 11 are pending. Most are in the high courts.

Vee Technologies was incorporated on 22 March 2000, making it 26+ years old. It is registered with the Registrar of Companies, Bangalore.

Vee Technologies has 1 deal on record (1 secondary share transfer); the latest was in December 2016.

Valliappa Thiagarajan ceased to be Director on 26 Mar 2018. Chockalingam Valliappa was appointed as Director on 22 Mar 2000. Valliappa Chockalingam was appointed as Director on 22 Mar 2000.

Yes, Vee Technologies is registered as an MSME under Udyam registration (number: UDYAM-KR-03-0002763).

Vee Technologies has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 2 overdue payments to 2 micro and small suppliers. The latest return was filed on 30 Apr 2024.