Veedol Corporation Limited Company Logo

Veedol Corporation Limited - Company Profile

It is a chemicals and materials public limited company based in Kolkata, West Bengal, India, established in 1921.

1921 | Kolkata, West Bengal, India | Active
Last Updated:

About Veedol Corporation Limited

Veedol Corporation Limited, a active public limited company, was established on 26 October 1921 in Kolkata, West Bengal, India. Engaging in petrochemicals & derivatives within the manufacturing sector, it holds CIN: L23209WB1921PLC004357. Registered under ROC Roc Kolkata. it is listed on BSE: 590005 and NSE: TIDEWATER. It has an authorized capital of ₹20.00 Cr and a paid-up capital of ₹3.48 Cr.

Formerly known as Castern Oil Products Limited, Esstern Oil Products Limited. It upholds a compliant status. In 2023, it reported revenue of ₹1,528.37 Cr and a net worth of ₹684.33 Cr. Employing 500 professional, Its leadership includes Subir Das (Director), Praveen Purushottam Kadle (Director), Bharathi Sivaswami Sihag (Director). Past directors included Subir Das, Praveen Purushottam Kadle, Supratik Basu. It holds ₹99.00 Cr open charges and ₹130.50 Cr settled loans. Its latest AGM occurred on 25 August 2025, with the balance sheet filed on 31 March 2025. It is based at 8 Dr Rajendra Prasad Sarani, Kolkata, West Bengal, 700001.

Company Details

  • CIN/LLPIN

    L23209WB1921PLC004357

  • Registration Number

    004357

  • Incorporation Date

    26 October 1921

  • Authorized Capital

    ₹20.00 Cr

  • Paid-Up Capital

    ₹3.48 Cr

  • ROC Code

    Roc Kolkata

  • Listing Status

    Listed (BSE: 590005, NSE: TIDEWATER)

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 3.48 Cr
  • Company Age 104 Year, 30 Days
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 99.00 Cr
  • Satisfied Charges ₹ 130.50 Cr
  • Revenue Growth 18.16%
  • Profit Growth -20.36%
  • Ebitda -20.64%
  • Net Worth 1.85%
  • Total Assets 4.12%
Company report

Veedol Corporation Limited

Company Report FY 2025-2026

Explore comprehensive insights into Veedol Corporation Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Veedol Corporation Limited?

Current Directors

NameDesignationAppointment DateStatus
Subir DasDirector17 Sep 2007Current
Praveen Purushottam KadleDirector13 Nov 2020Current
Bharathi Sivaswami SihagDirector07 Apr 2021Current
Kishore Mukund SaletoreAdditional Director28 May 2025Current
Prakash Yashwant GuravDirector13 Nov 2017Current
Partha Sarathi BhattacharyyaDirector13 Nov 2017Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector31 Mar 2020Past
Pramod AbcsddAdditional Director08 Sep 2021Past
Pramod AbcsddCompany Secretary07 Feb 2012Past
Pramod AbcsddAdditional Director14 Sep 2009Past
Pramod AbcsddAdditional Director11 Jun 2021Past
Pramod AbcsddDirector29 Jan 2014Past

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Financial Performance of Veedol Corporation.

Veedol Corporation Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 18.16% increase. The company also saw a substantial fall in profitability, with a 20.36% decrease in profit. The company's net worth moved up by a moderate rise of 1.85%.

Veedol Corporation revenue growth over time
Veedol Corporation profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
18.16%
Revenue from Operations
19.61%
Total Assets
4.12%
Profit or Loss
-20.36%
Net Worth
1.85%
EBITDA
-20.64%

What is the Ownership and Shareholding Structure of Veedol Corporation?

In 2023, Veedol Corporation had a promoter holding of 57.28% and a public holding of 42.71%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹990,000,000.00

Satisfied Charges

₹1,305,000,000.00

Charges Breakdown by Lending Institutions

  • Citibank N.A : 45.00 Cr
  • Standard Chartered Bank : 20.00 Cr
  • Hdfc Bank Limited : 15.00 Cr
  • The Hongkong And Shanghai Banking Corporation Limited : 15.00 Cr
  • Others : 4.00 Cr

Latest Charge Details

DateLenderAmountStatus
22 Apr 2024Standard Chartered Bank₹20.00 CrOpen
21 May 2013The Hongkong And Shanghai Banking Corporation Limited₹15.00 CrOpen
05 Mar 2008Hdfc Bank Limited₹15.00 CrOpen
10 Aug 2005Citibank N.A₹45.00 CrOpen
07 Mar 2000Others₹4.00 CrOpen

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How Many Employees Work at Veedol Corporation?

Veedol Corporation has a workforce of 500 employees as of Mar 28, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Veedol Corporation Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Veedol Corporation, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Veedol Corporation's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Veedol Corporation

Recent Activity within the Organization

  • Director Appointment

    Progress on Abhijit S Tikekar was appointed as a Company Secretary was appointed as a Company Secretary on 12 Nov 2025 & has been associated with this company since 12 days . was documented.

  • Annual General Meeting

    The activity Veedol Corporation Limited last Annual general meeting of members was held on 25 Aug 2025 as per latest MCA records. was completed.

  • Director Appointment

    The activity Kishore Mukund Saletore was appointed as a Additional Director was appointed as a Additional Director on 28 May 2025 & has been associated with this company since 5 months 29 days . was completed.

  • Director Appointment

    Progress on Nitin Ramesh Gokarn was appointed as a Additional Director was appointed as a Additional Director on 28 May 2025 & has been associated with this company since 5 months 29 days . was documented.

  • Balance Sheet

    Progress on Veedol Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Kolkata. was documented.

  • Director Appointment

    The activity Upendra Vinayak Gadre was appointed as a Cfo was appointed as a Cfo on 29 Jan 2025 & has been associated with this company since 9 months 26 days . was completed.

Frequently Asked Questions

  • What is the CIN of Veedol Corporation Limited?

    The CIN of Veedol Corporation Limited is L23209WB1921PLC004357.

  • Where is Veedol Corporation Limited headquartered?

    Veedol Corporation Limited is headquartered at 8 Dr Rajendra Prasad Sarani, Kolkata, West Bengal, 700001.

  • When was Veedol Corporation Limited incorporated?

    Veedol Corporation Limited was incorporated on 26 October 1921.

  • Who are the current directors of Veedol Corporation Limited?

    The current directors of Veedol Corporation Limited are

  • What is the primary industry of Veedol Corporation Limited?

    The primary industry of Veedol Corporation Limited is Manufacturing.

  • Is Veedol Corporation Limited a listed company?

    Veedol Corporation Limited is listed. It is listed on BSE: 590005 and NSE: TIDEWATER.

  • What is the capital structure of Veedol Corporation Limited?

    The authorized capital of Veedol Corporation Limited is ₹20.00 Cr, and the paid-up capital is ₹3.48 Cr.

  • What is the compliance status of Veedol Corporation Limited?

    The compliance status of Veedol Corporation Limited is Compliant.

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