MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-GJ-01-0098255
Veeglow Engineering Solutions Private Limited - machinery and equipment in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹21.87 Cr
▲ 2% YoY
Net profit · FY 2025
₹40.82 Lakh
Net margin 1.9%
EBITDA · FY 2025
₹78.69 Lakh
EBITDA margin 3.6%
Authorised capital
₹33 Lakh
Registered with MCA
Paid-up capital
₹32.4 Lakh
Issued & subscribed
Open charges
₹24.86 Cr
Secured borrowings
Company age
11 yrs
Est. 2015
Directors on board
3
As per MCA filings
About Veeglow Engineering Solutions Private Limited
Data last updated:
Veeglow Engineering Solutions Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 01 October 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29244GJ2015PTC084640. Its GSTIN is 24AAFCV2435E1ZN (Gujarat).
The company has an authorised share capital of ₹33 Lakh and a paid-up capital of ₹32.4 Lakh. It is led by directors including Nisha Sachin Ganglani and Bharat Lachmandas Ganglani.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at C – 102 103 Siddhi Vinayak Towers Makarba, Ahmedabad, Gujarat, India – 380051.
As per the financials filed for FY 2025, the company reported a revenue of ₹21.87 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹40.82 Lakh (net margin 1.9%) and EBITDA of ₹78.69 Lakh (EBITDA margin 3.6%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 2% over five years.
As per MCA filings, the company has open charges of ₹24.86 Cr on record. The company has 1 deal on record (1 funding round), with disclosed funding of ₹31.4 Lakh; the latest was in December 2015. Its 5 peer companies in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 3 larger and 2 smaller; the largest is Natron Equipment & Spares Private Limited with revenue of ₹21.98 Cr. The company has 4 MSME Form 1 returns on record between 2019 and 2021, listing 65 overdue payments to 23 micro and small suppliers.
Veeglow Engineering Solutions Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0098255). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website veeglow.com.
Company details
CIN U29244GJ2015PTC084640
Registration Number 084640
Incorporation Date 01 October 2015
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-GJ-01-0098255
Key People
Nisha Sachin Ganglani Director Bharat Lachmandas Ganglani Director Nayankumar Ramanlal Shukla Director Recognitions & Rankings of Veeglow Engineering Solutions
Contact details
Veeglow Engineering Solutions Private Limited's registered office is in Ahmedabad, Gujarat. Its website is veeglow.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressC – 102 103 Siddhi Vinayak Towers Makarba, Ahmedabad, Gujarat, India – 380051
- IndustryMachinery and Equipment, Industrial Machinery Retail & Distribution
To see the full contact details of Veeglow Engineering Solutions Private Limited, buy the company report.
Comprehensive company report
Veeglow Engineering Solutions 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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Secure checkout · GST invoice included
Business activity
The main business activity of Veeglow Engineering Solutions is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Veeglow Engineering Solutions Private Limited, buy the company report.
Financials of Veeglow Engineering Solutions Private Limited
FY 2025 filings availableVeeglow Engineering Solutions Private Limited reported revenue of ₹21.87 Cr (up 2% YoY) for FY 2025.
Revenue · FY 2025
₹21.87 Cr ▲ 2%
Net profit · FY 2025
₹40.82 Lakh margin 1.9%
EBITDA · FY 2025
₹78.69 Lakh margin 3.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 2%
3 years · compounded
▼ 13%
5 years · compounded
▲ 2%
EBITDA CAGR growth
1 year
▲ 1%
3 years · compounded
▼ 20%
5 years · compounded
▼ 15%
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 2% growth in the latest year. EBITDA rose 1% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹78.69 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹40.82 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Inventories | |||||
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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 | 3.6% | ||||
| Net Profit Margin | 1.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Veeglow Engineering Solutions Private Limited, buy the company report.
Board of directors of Veeglow Engineering Solutions Private Limited
Veeglow Engineering Solutions has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nisha Sachin Ganglani Also directs: Veeglow Industries Private Limited | Director | 01 May 2021 | 5 Years 5 Months | Current |
| Bharat Lachmandas Ganglani Also directs: Veeglow Industries Private Limited | Director | 01 Oct 2015 | 11 Years 0 Months | Current |
| Nayankumar Ramanlal Shukla Also directs: Veeglow Industries Private Limited | Director | 01 Oct 2015 | 11 Years 0 Months | Current |
Peer comparison
Veeglow Engineering Solutions Private Limited is compared with the 5 companies closest to it by revenue in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Natron Equipment & Spares Private Limited | ₹21.98 Cr (FY 2025) | -13.0% | New Delhi, Delhi, India | |||
| Towa Optics India Private Limited | ₹21.96 Cr (FY 2021) | -10.0% | Delhi, India | |||
| Impact Infra Equipment Private Limited | ₹21.89 Cr (FY 2025) | 6.0% | Indore, Madhya Pradesh, India | |||
| Veeglow Engineering Solutions Private Limitedthis company | ₹21.87 Cr (FY 2025) | ₹40.82 Lakh | 1.9% | 2.0% | Ahmedabad, Gujarat, India | |
| Car-O-Liner India Private Limited | ₹21.81 Cr (FY 2025) | -15.0% | New Delhi, Delhi, India | |||
| Rupa Exports Pvt Ltd | ₹21.79 Cr (FY 2025) | 21.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Veeglow Engineering Solutions Private Limited, buy the company report.
Auditor
Veeglow Engineering Solutions Private Limited is audited by TUSHAR R SHAH & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| TUSHAR R SHAH & ASSOCIATES | FY 2023 | 115878W |
Shareholding
The shareholding of Veeglow Engineering Solutions 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 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Veeglow Engineering Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹24.86 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Apr 2025 | 101088250 | State Bank of India | ₹2.9 Cr | Open | |
| 23 Nov 2021 | 100505095 | Others | ₹13.85 Lakh | Open | |
| 23 Aug 2021 | 100485618 | State Bank of India | ₹21.82 Cr | Open |
To see the full charge records of Veeglow Engineering Solutions Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Veeglow Engineering Solutions Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹31.4 Lakh; the latest was in December 2015.
Total deals
1
Funding round
1
Disclosed funding
₹31.4 Lakh
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2015 | Funding round | ₹31.4 Lakh | Investors: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Veeglow Engineering Solutions 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
Veeglow Engineering Solutions Private Limited has 4 MSME Form 1 returns on record between 2019 and 2021, listing 65 overdue payments to 23 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 (5 of 23)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Yudo Hot Runner India Pvt. Ltd. | |||
| Prasad Koch Technik Private Limited | |||
| Prasad Crilec Automation Private Limited | |||
| Prasad Machinery Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Veeglow Engineering Solutions Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Veeglow Engineering Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCV2435E1ZN | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Veeglow Engineering Solutions Private Limited, buy the company report.
Recent activity
Veeglow Engineering Solutions Private Limited has 5 board changes on record since 2015: 3 appointments and 2 cessations. The latest: Nisha Sachin Ganglani ceased to be Additional Director on 30 Nov 2021.
AGM
Veeglow Engineering Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with State Bank Of India amounted to Rs. 290.00 Lakh with Charge ID 101088250 was registered on 11 Apr 2025.
Filing
Veeglow Engineering Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with State Bank Of India of Rs. 2,182.00 Lakh registered on 23 Aug 2021 with Charge ID 100485618 was modified on 13 Feb 2025.
Ceased
Nisha Sachin Ganglani ceased to be Additional Director.
Charges
A charge with Others amounted to Rs. 13.85 Lakh with Charge ID 100505095 was registered on 23 Nov 2021.
Charges
A charge with State Bank Of India amounted to Rs. 2,182.00 Lakh with Charge ID 100485618 was registered on 23 Aug 2021.
Appointed
Nisha Sachin Ganglani was appointed as Director.
Ceased
Lavina Bharat Ganglani ceased to be Director.
Appointed
Bharat Lachmandas Ganglani was appointed as Director.
Appointed
Nayankumar Ramanlal Shukla was appointed as Director.
Incorporation
01 Oct 2015
Veeglow Engineering Solutions Private Limited was registered on 01 Oct 2015 with Roc Ahmedabad & aged 11 years 29 days as per MCA records.
Frequently asked questions
Veeglow Engineering Solutions is an active private limited company based in Ahmedabad, Gujarat, India. The company works in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 01 October 2015 (11+ years old) and is registered under CIN U29244GJ2015PTC084640.
Veeglow Engineering Solutions has 3 current directors:
- Nisha Sachin Ganglani - Director
- Bharat Lachmandas Ganglani - Director
- Nayankumar Ramanlal Shukla - Director
The latest financial statements of Veeglow Engineering Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Veeglow Engineering Solutions is 24AAFCV2435E1ZN, registered in Gujarat.
The CIN (Corporate Identification Number) of Veeglow Engineering Solutions is U29244GJ2015PTC084640. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Veeglow Engineering Solutions was incorporated on 01 October 2015, making it 11+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Veeglow Engineering Solutions has 1 deal on record (1 funding round), with disclosed funding of ₹31.4 Lakh; the latest was in December 2015.
The peers of Veeglow Engineering Solutions by revenue are Natron Equipment & Spares Private Limited, Towa Optics India Private Limited, Impact Infra Equipment Private Limited, Car-O-Liner India Private Limited, Rupa Exports Pvt Ltd, all in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution), with the same principal business activity (wholesale trading).
Nisha Sachin Ganglani ceased to be Additional Director on 30 Nov 2021. Nisha Sachin Ganglani was appointed as Director on 01 May 2021. Lavina Bharat Ganglani ceased to be Director on 21 Apr 2020. Veeglow Engineering Solutions has 5 board changes on record in total.
Yes, Veeglow Engineering Solutions is registered as an MSME under Udyam registration (number: UDYAM-GJ-01-0098255).
Veeglow Engineering Solutions has 4 MSME Form 1 returns on record between 2019 and 2021, listing 65 overdue payments to 23 micro and small suppliers. The latest return was filed on 13 May 2021.
Veeglow Engineering Solutions can be reached through the website veeglow.com. Its registered office is in Ahmedabad, Gujarat, India.