Veeglow Engineering Solutions Private Limited

Provides engineering solutions and trades goods, molds, parts, and machinery since 2015 in Ahmadabad, Gujarat.

2015 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Veeglow Engineering Solutions Profile

Key Indicators

  • Authorised Capital ₹ 3.30 M
  • Paid Up Capital ₹ 3.24 M
  • Company Age 9 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 19.15 Cr
  • Revenue Growth 10.69%
  • Profit Growth 168.05%
  • Ebitda 202.57%
  • Net Worth 63.74%
  • Total Assets 6.69%

About Veeglow Engineering Solutions

Veeglow Engineering Solutions Private Limited (VESPL) is a Private Limited Indian Non-Government Company incorporated in India on 01 October 2015 (Nine years and eight months 1 days old ). Its registered office is in Ahmedabad, Gujarat, India.

The Company is engaged in the Machinery And Equipment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 3.30 M and a paid-up capital of Rs 3.24 M.

The company currently has active open charges totaling ₹19.15 Cr.

Nayankumar Shukla, Bharat Ganglani, and Nisha Ganglani serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29244GJ2015PTC084640

  • Company No.

    084640

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Oct 2015

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

What products or services does Veeglow Engineering Solutions Private Limited offer?

Veeglow Engineering Solutions Private Limited offers a wide range of products and services, including Relays and Contactors, Power Contactors.

Company report

Veeglow Engineering Solutions Private Limited

Explore comprehensive data for Veeglow Engineering Solutions Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Veeglow Engineering Solutions?

Board Members (3)

NameDesignationAppointment DateStatus
Nayankumar Shukla Country flag representing In Director 01-Oct-2015Current
Bharat Ganglani Country flag representing In Director 01-Oct-2015Current
Nisha Ganglani Country flag representing In Director 01-May-2021Current

Financial Performance of Veeglow Engineering Solutions.

Veeglow Engineering Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 10.69% increase. The company also saw a substantial improvement in profitability, with a 168.05% increase in profit. The company's net worth Soared by an impressive increase of 63.74%.

Veeglow Engineering Solutions revenue growth over time
Veeglow Engineering Solutions 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
10.69%
Revenue from Operations
11.09%
Total Assets
6.69%
Profit or Loss
168.05%
Net Worth
63.74%
EBITDA
202.57%

What is the Ownership and Shareholding Structure of Veeglow Engineering Solutions?

In 2023, Veeglow Engineering Solutions had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹191.49 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 19.01 Cr
  • Others : 0.14 Cr

Latest Charge Details

DateLenderAmountStatus
23 Nov 2021Others₹1.39 MOpen
23 Aug 2021State Bank Of India₹19.01 CrOpen

How Many Employees Work at Veeglow Engineering Solutions?

Unlock and access historical data on people associated with Veeglow Engineering Solutions, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Veeglow Engineering Solutions Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Veeglow Engineering Solutions, 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 Veeglow Engineering Solutions'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 Veeglow Engineering Solutions

Recent activity within the organization

  • Annual General Meeting

    Veeglow Engineering Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Veeglow Engineering Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge with State Bank Of India of Rs. 190.10 M registered on 23 Aug 2021 with Charge ID 100485618 was modified on 13 Sep 2023.

  • Charges

    A charge with Others amounted to Rs. 1.39 M with Charge ID 100505095 was registered on 23 Nov 2021.

  • Charges

    A charge with State Bank Of India amounted to Rs. 190.10 M with Charge ID 100485618 was registered on 23 Aug 2021.

  • Director Appointment

    Nisha Sachin Ganglani was appointed as a Director was appointed as a Director on 01 May 2021 & has been associated with this company since 4 years 1 month .

Frequently asked questions

  • What is the Incorporation or founding date of Veeglow Engineering Solutions Private Limited?

    Veeglow Engineering Solutions Private Limited was incorporated on 01 Oct 2015.

  • What is authorized share capital and paid-up capital of Veeglow Engineering Solutions Private Limited?

    The authorized share capital of Veeglow Engineering Solutions Private Limited is ₹ 3.30 M and paid-up capital is ₹ 3.24 M.

  • Who are the current board members & directors of Veeglow Engineering Solutions Private Limited?

    Currently 3 directors are associated with Veeglow Engineering Solutions Private Limited.

    • Nayankumar Ramanlal Shukla
    • Bharat Lachmandas Ganglani
    • Nisha Sachin Ganglani

  • What is the registered address of Veeglow Engineering Solutions Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Veeglow Engineering Solutions Private Limited is C-102 103 Siddhi Vinayak Towers, Makarba India, Ahmedabad, Gujarat, 380051.

  • What is the corporate identification number (CIN) and company number of Veeglow Engineering Solutions Private Limited?

    The corporate identification number (CIN) of Veeglow Engineering Solutions Private Limited is U29244GJ2015PTC084640 and the company number is 084640 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Veeglow Engineering Solutions Private Limited?

    The Official website of Veeglow Engineering Solutions Private Limited is https://www.veeglow.com

  • What has been the recent revenue trend for Veeglow Engineering Solutions Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Veeglow Engineering Solutions Private Limited has risen by 10.69%.

  • What change has been observed in the net worth of Veeglow Engineering Solutions Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Veeglow Engineering Solutions Private Limited has experienced an upsurge of 63.74%.

  • What are the total open charges for Veeglow Engineering Solutions Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Veeglow Engineering Solutions Private Limited amount to ₹ 19.15 Cr.

  • When was the last Balance Sheet of Veeglow Engineering Solutions Private Limited filed with the ROC?

    The most recent Balance Sheet for Veeglow Engineering Solutions Private Limited was filed with the ROC on 31 Mar 2024.

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