MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-17-0028278
Veeflex Electrikals Private Limited - information technology in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹56.32 Cr
▲ 20% YoY
Net profit · FY 2025
₹9.25 Lakh
Net margin 0.2%
EBITDA · FY 2025
₹36.21 Lakh
EBITDA margin 0.6%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹20 Lakh
Issued & subscribed
Open charges
₹85 Lakh
Satisfied ₹1.38 Cr
Company age
24 yrs
Est. 2002
Directors on board
2
As per MCA filings
About Veeflex Electrikals Private Limited
Data last updated:
Veeflex Electrikals Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 26 August 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U99999MH2002PTC136970. Its GSTIN is 27AABCR0056P1Z5 (Maharashtra).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹20 Lakh. It was formerly known as Rajkumar Electro Components Private Limited. It is led by directors Yash Raj Gwallani and Ajay Kumar Tikyani.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹56.32 Cr, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹9.25 Lakh (net margin 0.2%) and EBITDA of ₹36.21 Lakh (EBITDA margin 0.6%). Revenue has grown at a compounded annual rate (CAGR) of 95% over three years and 80% over five years.
As per MCA filings, the company has open charges of ₹85 Lakh and satisfied charges of ₹1.38 Cr on record.
Veeflex Electrikals Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-17-0028278). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website veeflex.com.
Company details
CIN U99999MH2002PTC136970
Registration Number 002928
Incorporation Date 26 August 2002
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-17-0028278
Recognitions & Rankings of Veeflex Electrikals
Contact details
Veeflex Electrikals Private Limited's registered office is in Mumbai, Maharashtra. Its website is veeflex.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address42 Orchids Premises Csl Plot No 04 73/G Opp Dilip Kumars Bunglow Pali Hil, L, Mumbai, Maharashtra, India – 400050
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
To see the full contact details of Veeflex Electrikals Private Limited, buy the company report.
Comprehensive company report
Veeflex Electrikals 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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Business activity
The main business activity of Veeflex Electrikals is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Veeflex Electrikals Private Limited, buy the company report.
Financials of Veeflex Electrikals Private Limited
FY 2024 filings availableVeeflex Electrikals Private Limited reported revenue of ₹56.32 Cr (up 20% YoY) for FY 2025.
Revenue · FY 2025
₹56.32 Cr ▲ 20%
Net profit · FY 2025
₹9.25 Lakh margin 0.2%
EBITDA · FY 2025
₹36.21 Lakh margin 0.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 20%
3 years · compounded
▲ 95%
5 years · compounded
▲ 80%
EBITDA CAGR growth
1 year
▲ 160%
3 years · compounded
▲ 54%
Revenue has grown at a compounded annual rate (CAGR) of 80% over five years, including 20% growth in the latest year. EBITDA rose 160% 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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| Total Expenses | |||||
| EBITDA | ₹36.21 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹9.25 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.6% | ||||
| Net Profit Margin | 0.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Veeflex Electrikals Private Limited, buy the company report.
Board of directors of Veeflex Electrikals Private Limited
Veeflex Electrikals has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yash Raj Gwallani | Director | 30 Sep 2019 | 7 Years 1 Months | Current |
| Ajay Kumar Tikyani | Director | 01 Jun 2024 | 2 Years 5 Months | Current |
Peer comparison
Veeflex Electrikals Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Inventaa Led Lights Private Limited | ₹56.53 Cr (FY 2024) | 12.0% | Chennai, Tamil Nadu, India | |||
| Veeflex Electrikals Private Limitedthis company | ₹56.32 Cr (FY 2025) | ₹9.25 Lakh | 0.2% | 20.0% | Mumbai, Maharashtra, India | |
| Litomatic Tech Private Limited | ₹56.05 Cr (FY 2024) | 13.0% | Udaipur, Rajasthan, India | |||
| Livguard Drivetrain Private Limited | ₹55.88 Cr (FY 2025) | 34.0% | Haryana, India |
To see the full peer comparison of Veeflex Electrikals Private Limited, buy the company report.
Auditor
Veeflex Electrikals Private Limited is audited by RAJNIKANT MISTRY & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJNIKANT MISTRY & CO | FY 2023 | 127753W |
Shareholding
The shareholding of Veeflex Electrikals Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Veeflex Electrikals Private Limited, buy the company report.
Charges & borrowings
Open charges
₹85 Lakh
Satisfied charges
₹1.38 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Mar 2012 | 10342627 | Bassein Catholic Co-Op Bank Limited | ₹5 Lakh | Satisfied | |
| 14 Oct 2006 | 10026916 | Bassein Catholic Co-Operative Bank Limited | ₹1.1 Cr | Satisfied | |
| 15 Jul 2006 | 10011461 | The Bassein Catholic Co-Operative Bank Ltd. | ₹1 Lakh | Satisfied | |
| 15 Jul 2006 | 10016121 | The Bassein Catholic Co-Operative Bank Ltd. | ₹10 Lakh | Satisfied | |
| 01 Jul 2006 | 10009631 | Bassein Catholic Co.Op.Bank Ltd. | ₹6.65 Lakh | Satisfied |
To see the full charge records of Veeflex Electrikals Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
No court or tribunal cases involving Veeflex Electrikals Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Veeflex Electrikals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Veeflex Electrikals has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCR0056P1Z5 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Veeflex Electrikals Private Limited, buy the company report.
Recent activity
Veeflex Electrikals Private Limited has 6 board changes on record since 2019: 2 appointments and 4 cessations. The latest: Ajay Kumar Tikyani ceased to be Additional Director on 29 Sep 2024.
AGM
Veeflex Electrikals Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Ajay Kumar Tikyani ceased to be Additional Director.
Appointed
Ajay Kumar Tikyani was appointed as Director.
Ceased
Rajkumar Tolaram Gwalani ceased to be Director.
Filing
Veeflex Electrikals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Appointed
Yash Raj Gwallani was appointed as Director.
Ceased
Yash Raj Gwallani ceased to be Director.
Ceased
Sagar Rajkumar Gwallani ceased to be Director.
Charges
A charge registered on 06 Mar 2012 via Charge ID 10342627 with Bassein Catholic Co-Op Bank Limited was fully satisfied on 16 Dec 2015.
Charges
A charge registered on 15 Jul 2006 via Charge ID 10011461 with The Bassein Catholic Co-Operative Bank Ltd. was fully satisfied on 16 Dec 2015.
Charges
A charge registered on 15 Jul 2006 via Charge ID 10016121 with The Bassein Catholic Co-Operative Bank Ltd. was fully satisfied on 16 Dec 2015.
Charges
A charge registered on 02 Dec 2005 via Charge ID 90387763 with Bassein Catholic Co- Op. Bank Ltd. was fully satisfied on 16 Dec 2015.
10 earlier events are in the company report.
Frequently asked questions
Veeflex Electrikals is an active private limited company based in Mumbai, Maharashtra, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 26 August 2002 (24+ years old) and is registered under CIN U99999MH2002PTC136970.
Veeflex Electrikals has 2 current directors:
- Yash Raj Gwallani - Director
- Ajay Kumar Tikyani - Director
The latest financial statements of Veeflex Electrikals 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 Veeflex Electrikals is 27AABCR0056P1Z5, registered in Maharashtra.
The CIN (Corporate Identification Number) of Veeflex Electrikals is U99999MH2002PTC136970. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Veeflex Electrikals was incorporated on 26 August 2002, making it 24+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Veeflex Electrikals by revenue are Inventaa Led Lights Private Limited, Litomatic Tech Private Limited, Livguard Drivetrain Private Limited, all in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Ajay Kumar Tikyani ceased to be Additional Director on 29 Sep 2024. Ajay Kumar Tikyani was appointed as Director on 01 Jun 2024. Rajkumar Tolaram Gwalani ceased to be Director on 01 Jun 2024. Veeflex Electrikals has 6 board changes on record in total.
Yes, Veeflex Electrikals is registered as a small enterprise under Udyam registration (number: UDYAM-MH-17-0028278).
Veeflex Electrikals can be reached through the website veeflex.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Veeflex Electrikals is at 42 Orchids Premises Csl Plot No 04 73G Opp Dilip Kumars Bunglow Pali Hil, L, Mumbai, Maharashtra, India – 400050.
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