MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2023-24)
- Udyam number
- UDYAM-KL-08-0000638
Veekesy Elastomers Private Limited - consumer goods in Kozhikode, Kerala, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹87.77 Cr
▲ 5% YoY
Net profit · FY 2025
₹1.59 Cr
Net margin 1.8%
EBITDA · FY 2025
₹4.88 Cr
EBITDA margin 5.6%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹2 Cr
Issued & subscribed
Open charges
₹16 Cr
Satisfied ₹64.3 Cr
Company age
28 yrs
Est. 1998
Employees · EPFO
359
Provident fund records
About Veekesy Elastomers Private Limited
Data last updated:
Veekesy Elastomers Private Limited is a private limited company based in Kozhikode, Kerala, India. It operates in the footwear manufacturing segment of the consumer goods sector. It was incorporated on 01 April 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U25199KL1998PTC012185. Its GSTIN is 32AABCV1464B1ZX (Kerala).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It is led by directors including Noushad Veluthedathu (Managing Director) and Abdul Rasheed Veluthedath.
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 7/313 NH – 17 Kolathara P.O., Kozhikode, Kerala, India – 673655.
As per the financials filed for FY 2025, the company reported a revenue of ₹87.77 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹1.59 Cr (net margin 1.8%) and EBITDA of ₹4.88 Cr (EBITDA margin 5.6%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years and 12% over five years.
The company has about 359 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Walkaroo and VKC Group. As per MCA filings, the company has open charges of ₹16 Cr and satisfied charges of ₹64.3 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending. The company has 3 deals on record (3 secondary share transfers); the latest was in December 2023. Its 4 peer companies in the Consumer Products industry (Footwear Manufacturers), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 3 larger and 1 smaller; the largest is Venus Footarts Limited with revenue of ₹90.89 Cr.
Veekesy Elastomers Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-08-0000638). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vkcgroup.com.
Company details
CIN U25199KL1998PTC012185
Registration Number 012185
Incorporation Date 01 April 1998
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Date of Last AGM 22 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KL-08-0000638
Key People
Noushad Veluthedathu Managing Director Abdul Rasheed Veluthedath Director Veluthedath Mohammedkutty Director Recognitions & Rankings of Veekesy Elastomers
Contact details
Veekesy Elastomers Private Limited's registered office is in Kozhikode, Kerala. Its website is vkcgroup.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address7/313 NH – 17 Kolathara P.O., Kozhikode, Kerala, India – 673655
- IndustryConsumer Goods, Footwear Manufacturing
To see the full contact details of Veekesy Elastomers Private Limited, buy the company report.
Comprehensive company report
Veekesy Elastomers 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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Brands
Veekesy Elastomers operates two associated brands: Walkaroo and VKC Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online retailer providing quality shoes, sandals, and accessories for all ages. | walkaroo.in | |
| Multicategory footwear is provided for men, women, and children. | vkcgroup.com |
Business activity
The main business activity of Veekesy Elastomers is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Veekesy Elastomers Private Limited, buy the company report.
Financials of Veekesy Elastomers Private Limited
FY 2025 filings availableVeekesy Elastomers Private Limited reported revenue of ₹87.77 Cr (up 5% YoY) for FY 2025.
Revenue · FY 2025
₹87.77 Cr ▲ 5%
Net profit · FY 2025
₹1.59 Cr margin 1.8%
EBITDA · FY 2025
₹4.88 Cr margin 5.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 5%
3 years · compounded
▲ 5%
5 years · compounded
▼ 12%
EBITDA CAGR growth
1 year
▼ 9%
3 years · compounded
▲ 68%
5 years · compounded
▼ 26%
Revenue rose 5% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 12%. EBITDA fell 9% 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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| EBITDA | ₹4.88 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.59 Cr | ||||
| Balance Sheet | |||||
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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 | 5.6% | ||||
| Net Profit Margin | 1.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Veekesy Elastomers Private Limited, buy the company report.
Board of directors of Veekesy Elastomers Private Limited
Veekesy Elastomers has 6 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 |
|---|---|---|---|---|
| Abdul Rasheed Veluthedath Also directs: Strabo Bags and Accessories Limited Liability Partnership, Euphoric Creations LLP, Cloud Shoes LLP and 5 more | Director | 23 Feb 2002 | 24 Years 8 Months | Current |
| Veluthedath Mohammedkutty Also directs: Ideal Footwear Private Limited, Veekesy Rubber Industries Private Limited, Debongo Global LLP and 4 more | Director | 25 Sep 2000 | 26 Years 0 Months | Current |
| Noushad Veluthedathu Also directs: Euphoric Creations LLP, U4ic Labs Private Limited, Walkaroo International Private Limited and 5 more | Managing Director | 15 Apr 2010 | 16 Years 6 Months | Current |
| Mammed Koya Vkc | Director | 29 Sep 2007 | 19 Years 0 Months | Current |
| Vkc Razak | Director | 15 Apr 2010 | 16 Years 6 Months | Current |
| Mohammed Veluthedath Also directs: Ideal Footwear Private Limited, Veekesy Sandals (India) Private Limited, Veekesy Footcare (India) Private Limited and 5 more | Director | 15 Apr 2010 | 16 Years 6 Months | Current |
Peer comparison
Veekesy Elastomers Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Products industry (Footwear Manufacturers), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Venus Footarts Limited | ₹90.89 Cr (FY 2025) | -5.0% | Sikar, Rajasthan, India | |||
| Opal Polymers Private Limited | ₹88.29 Cr (FY 2018) | 2.0% | Bahadurgarh, Haryana, India | |||
| Spario Private Limited | ₹87.91 Cr (FY 2025) | 155.0% | Delhi, India | |||
| Veekesy Elastomers Private Limitedthis company | ₹87.77 Cr (FY 2025) | ₹1.59 Cr | 1.8% | 5.0% | 359 | Kozhikode, Kerala, India |
| Tower Rubber Private Limited | ₹84.64 Cr (FY 2025) | 9.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Veekesy Elastomers Private Limited, buy the company report.
Auditor
Veekesy Elastomers Private Limited is audited by R G N PRICE & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R G N PRICE & CO | FY 2023 | 002785S |
Shareholding
The shareholding of Veekesy Elastomers 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 Veekesy Elastomers Private Limited, buy the company report.
Charges & borrowings
Open charges
₹16 Cr
Satisfied charges
₹64.3 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Feb 2019 | 100244458 | Hdfc Bank Limited | ₹16 Cr | Open | |
| 29 Dec 2017 | 100143563 | Others | ₹7.5 Cr | Satisfied | |
| 19 Aug 2017 | 100122503 | Hdfc Bank Limited | ₹17.14 Cr | Satisfied | |
| 18 Dec 2015 | 10608123 | Small Industries Development Bank of India | ₹1 Cr | Satisfied | |
| 27 Mar 2015 | 10557486 | Small Industries Development Bank of India | ₹1 Cr | Satisfied |
To see the full charge records of Veekesy Elastomers Private Limited, buy the company report.
Total charge records: 16 View all charges
Deals & funding
Veekesy Elastomers Private Limited has 3 deals on record (3 secondary share transfers); the latest was in December 2023.
Total deals
3
Secondary share transfers
3
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2023 | Secondary share transfer | Undisclosed | Buyer: VKC Family Trust Seller: 2 individuals |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Aug 2008 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Veekesy Elastomers Private Limited has 1 court case on record: 1 filed by Veekesy Elastomers. All case is pending.
Total cases
1
Filed by the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed by the company against Union of India, and 2 others | Pending |
To see the full case history of Veekesy Elastomers Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Veekesy Elastomers Private Limited was last rated by Crisil on 19 Nov 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 19 Nov 2019 |
To see the full credit ratings and regulatory alerts of Veekesy Elastomers Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Veekesy Elastomers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Veekesy Elastomers Private Limited has a workforce of 359 employees on its EPFO records as of Apr 04, 2024, across 2 active EPFO establishments.
Employee count
359
Active EPFO establishments
2
Employee growth
-8.18%
GST
Veekesy Elastomers has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AABCV1464B1ZX | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Veekesy Elastomers Private Limited, buy the company report.
Recent activity
Veekesy Elastomers Private Limited has 14 board changes on record since 2000: 10 appointments and 4 cessations. The latest: Mohammed Yoonus ceased to be Director on 01 Dec 2019.
AGM
Veekesy Elastomers Private Limited last Annual general meeting of members was held on 22 Sep 2025 as per latest MCA records.
Filing
Veekesy Elastomers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ernakulam.
Charges
A charge registered on 29 Dec 2017 via Charge ID 100143563 with Others was fully satisfied on 03 Aug 2021.
Charges
A charge registered on 18 Dec 2015 via Charge ID 10608123 with Small Industries Development Bank Of India was fully satisfied on 05 Jan 2021.
Charges
A charge with Hdfc Bank Limited of Rs. 16.00 Cr registered on 26 Feb 2019 with Charge ID 100244458 was modified on 01 Jan 2021.
Charges
A charge registered on 19 Aug 2017 via Charge ID 100122503 with Hdfc Bank Limited was fully satisfied on 09 Nov 2020.
Charges
A charge registered on 27 Mar 2015 via Charge ID 10557486 with Small Industries Development Bank Of India was fully satisfied on 26 Feb 2020.
Charges
A charge registered on 22 Jan 2001 via Charge ID 90018106 with Kerala Financial Corporation was fully satisfied on 13 Feb 2020.
Ceased
Mohammed Yoonus ceased to be Director.
Ceased
Soja Noushad ceased to be Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 16.00 Cr with Charge ID 100244458 was registered on 26 Feb 2019.
Charges
A charge registered on 19 Oct 2012 via Charge ID 10383069 with Kerala Financial Corporation was fully satisfied on 15 Jun 2018.
42 earlier events are in the company report.
Frequently asked questions
Veekesy Elastomers is an active private limited company based in Kozhikode, Kerala, India. The company works in footwear manufacturing, within the consumer goods industry. It was incorporated on 01 April 1998 (28+ years old) and is registered under CIN U25199KL1998PTC012185.
Veekesy Elastomers has 6 current directors:
- Noushad Veluthedathu - Managing Director
- Abdul Rasheed Veluthedath - Director
- Veluthedath Mohammedkutty - Director
- Mammed Koya Vkc - Director
- Vkc Razak - Director
- Mohammed Veluthedath - Director
The latest financial statements of Veekesy Elastomers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 22 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Veekesy Elastomers is 32AABCV1464B1ZX, registered in Kerala.
The CIN (Corporate Identification Number) of Veekesy Elastomers is U25199KL1998PTC012185. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Veekesy Elastomers has 1 court case on record: 1 filed by the company. 1 is pending.
Veekesy Elastomers was incorporated on 01 April 1998, making it 28+ years old. It is registered with the Registrar of Companies, Ernakulam.
Veekesy Elastomers has 3 deals on record (3 secondary share transfers); the latest was in December 2023.
The peers of Veekesy Elastomers by revenue are Venus Footarts Limited, Opal Polymers Private Limited, Spario Private Limited, Tower Rubber Private Limited, all in the Consumer Products industry (Footwear Manufacturers), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Mohammed Yoonus ceased to be Director on 01 Dec 2019. Soja Noushad ceased to be Director on 01 Jun 2019. Mohammed Yoonus was appointed as Director on 31 Mar 2014. Veekesy Elastomers has 14 board changes on record in total.
Yes, Veekesy Elastomers is registered as a medium enterprise under Udyam registration (number: UDYAM-KL-08-0000638).