About Veegrip Belts Private Limited
Data last updated: 31 December 2025
Veegrip Belts Private Limited is a private limited company based in Vadipatti, Tamil Nadu, India. It specialises in industrial machinery manufacturing, a part of the broader machinery and industrial equipment sector. Incorporated on 09 November 1988, the company has been in operation for over 38 years.
Registered with ROC Chennai under CIN U25199TN1988PTC016435.
Capital: an authorised share capital of ₹4.5 Cr and a paid-up capital of ₹3.5 Cr. Formerly known as Padmalakshmi Rubber Products Private Limited and Foam Vishnu Rubber Private Limited. It is led by directors including Panneerselvam Muniyandi and Priyadharshini Panneerselvam.
Last AGM: 29 September 2025. Financial statements filed for year ended 31 March 2025. Office: 78/1B3 Thiruvalavaya Nallur Nagari, Vadipatti, Tamil Nadu, India – 625221.
As per the financials filed for FY 2025, the company reported a revenue of ₹17.98 Cr, a growth of 18% compared to the previous year.
The company has a workforce of approximately 78 employees as per the latest available data.
The company is associated with 1 brand - Veegrip. As per MCA filings, the company has open charges of ₹18.35 Cr and satisfied charges of ₹9.49 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website veegripbelts.com.
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Registered Address78/1B3 Thiruvalavaya Nallur Nagari, Vadipatti, Tamil Nadu, India – 625221
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IndustryMachinery and Equipment, Industrial Machinery Manufacturing
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Veegrip Belts Private Limited
Veegrip Belts Private Limited has undergone 2 name changes throughout its history. The company was previously known as Padmalakshmi Rubber Products Private Limited, and Foam Vishnu Rubber Private Limited. The current legal name is Veegrip Belts Private Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Veegrip Belts Private Limited | Current |
| Padmalakshmi Rubber Products Private Limited | Previous |
| Foam Vishnu Rubber Private Limited | Previous |
Associated Brands with Veegrip Belts Private Limited
Veegrip Belts Private Limited operates one associated brand: Veegrip. These brands represent Veegrip Belts Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Manufacturing and supplying V-Belts and Auto Belts for industries including agriculture and automobile. | veegripbelts.com |
Business Activity of Veegrip Belts Private Limited
Veegrip Belts Private Limited is engaged in the principal business activity of manufacturing, with detailed activities including plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | Locked |
Business activity turnover details for Veegrip Belts Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
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Auditor Details of Veegrip Belts Private Limited
Veegrip Belts Private Limited is audited by B PURUSHOTTAM & CO for the financial year 2024. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B PURUSHOTTAM & CO | Locked | Locked | Locked |
Complete auditor history for Veegrip Belts Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
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- Auditor changes
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Board of Directors of Veegrip Belts Private Limited
Veegrip Belts Private Limited is currently managed by 4 directors, with 9 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Panneerselvam Muniyandi
Also directs:
Dharshini Enterprises Private Limited
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Managing Director | 15 Jul 2002 | 24 Years 0 Months | Current |
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Priyadharshini Panneerselvam
Also directs:
Anju Rubber Factory Private Limited, Ipon Nuovo Private Limited
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Director | 05 Sep 2018 | 7 Years 10 Months | Current |
| Vishnuvardthini Panneerselvam | Director | 05 Sep 2018 | 7 Years 10 Months | Current |
| Shyamala Panneselvam | Director | 03 Oct 2014 | 11 Years 9 Months | Current |
Financials of Veegrip Belts Private Limited FY 2025 filings available
Veegrip Belts Private Limited reported revenue of ₹17.98 Cr (up 18.00% YoY) for FY 2025.
Ten-year financial statements for Veegrip Belts Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
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Ownership and Shareholding of Veegrip Belts Private Limited
Shareholding and ownership data for Veegrip Belts Private Limited
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Charges & Borrowings of Veegrip Belts Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Feb 2019 | Others | ₹18.35 Cr | Open |
| 30 Jan 2015 | Idbi Bank Limited | ₹4.73 Cr | Satisfied |
| 29 May 2010 | State Bank of India | ₹2.6 Cr | Satisfied |
| 09 Jul 2003 | Tamiland Mercantile Bank Ltd. | ₹15 Lakh | Satisfied |
| 12 Oct 1995 | Indian Bank | ₹1.06 Cr | Satisfied |
Total charge records: 7 View all charges
Employees and EPFO Compliance at Veegrip Belts Private Limited
Veegrip Belts Private Limited has a workforce of 78 employees as of Jan 24, 2025.
Employee and EPFO history for Veegrip Belts Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
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GST Compliance of Veegrip Belts Private Limited
GST registrations and filing compliance for Veegrip Belts Private Limited
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- GSTIN registrations
- State-wise filing status
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Credit Ratings, Litigation & Regulatory Alerts for Veegrip Belts Private Limited
Credit ratings, litigation, and regulatory alerts for Veegrip Belts Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
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MSME Payment Delays by Veegrip Belts Private Limited
MSME payment history for Veegrip Belts Private Limited
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- Outstanding amounts
- Delay periods and reasons
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Subsidiaries & Group Companies of Veegrip Belts Private Limited
Corporate group structure for Veegrip Belts Private Limited
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- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
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MCA Filings & Documents of Veegrip Belts Private Limited
MCA filings and documents for Veegrip Belts Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
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Recent Activity on Veegrip Belts Private Limited
Frequently Asked Questions about Veegrip Belts Private Limited
Veegrip Belts Private Limited is an active private limited company in the machinery and equipment sector based in Vadipatti, Tamil Nadu, India. It was incorporated on 09 November 1988 (38+ years old) and is registered under CIN U25199TN1988PTC016435. The company has 78 employees.
Veegrip Belts Private Limited reported revenue of ₹17.98 Cr for FY 2025 (up 18.00% YoY).
The current directors of Veegrip Belts Private Limited are:
- Panneerselvam Muniyandi - Managing Director
- Priyadharshini Panneerselvam - Director
- Vishnuvardthini Panneerselvam - Director
- Shyamala Panneselvam - Director
The primary industry of Veegrip Belts Private Limited is machinery and equipment. The company specifically operates in industrial machinery manufacturing. The company is currently active in this sector.
Veegrip Belts Private Limited can be reached at the registered office: 781B3 Thiruvalavaya Nallur Nagari, Vadipatti, Tamil Nadu, India – 625221, or through the website veegripbelts.com.
The authorised capital is ₹4.5 Cr, and the paid-up capital is ₹3.5 Cr.