Veekesy Polymers Private Limited

Veekesy Polymers Private Limited - consumer goods in Kozhikode, Kerala, India. FY 2026 financials & compliance.
CIN U24134KL1996PTC009856 Incorporated 01 January 1996 ROC Ernakulam HQ Kozhikode, Kerala, India
Active Private Limited Company consumer goods MSME · Medium
Data last updated
Revenue · FY 2023
₹130.83 Cr
▲ 24% YoY
Net profit · FY 2023
₹74.86 Lakh
Net margin 0.6%
EBITDA · FY 2023
₹4.89 Cr
EBITDA margin 3.7%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹84.85 Lakh
Issued & subscribed
Open charges
₹50.82 Cr
Satisfied ₹101.1 Cr
Company age
30 yrs
Est. 1996
Employees · EPFO
194
Provident fund records

About Veekesy Polymers Private Limited

Data last updated:

Veekesy Polymers 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 January 1996 and has been in existence for over 30 years.

The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U24134KL1996PTC009856. Its GSTIN is 32AAACV7735N1ZZ (Kerala).

The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹84.85 Lakh. It is led by directors including Rafeeque Veluthedath (Managing Director) and Veluthedath Mohammedkutty.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at VI/1 Ramanattukara Ramanattukara P O, Kozhikode, Kerala, India – 673633.

As per the financials filed for FY 2023, the company reported a revenue of ₹130.83 Cr, a growth of 24% compared to the previous year. For the same year it recorded a net profit of ₹74.86 Lakh (net margin 0.6%) and EBITDA of ₹4.89 Cr (EBITDA margin 3.7%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 8% over five years.

The company has about 194 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹50.82 Cr and satisfied charges of ₹101.1 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending. The company has 8 deals on record (7 secondary share transfers, 1 rights issue); the latest was in March 2023. The company has 16 MSME Form 1 returns on record between 2019 and 2024, listing 555 overdue payments to 91 micro and small suppliers.

Veekesy Polymers Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-14-0000192). 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 U24134KL1996PTC009856
Registration Number 009856
Incorporation Date 01 January 1996
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KL-14-0000192
Key People
Rafeeque Veluthedath Managing Director Veluthedath Mohammedkutty Director Mammed Koya Vkc Director

Recognitions & Rankings of Veekesy Polymers

MSME (Udyam registered) Ministry of MSME
Category
Medium (2023-24)
Udyam number
UDYAM-KL-14-0000192

Contact details

Veekesy Polymers Private Limited's registered office is in Kozhikode, Kerala. Its website is vkcgroup.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    vkcgroup.com
  • Social Media
  • Registered Address
    VI/1 Ramanattukara Ramanattukara P O, Kozhikode, Kerala, India – 673633
  • Industry
    Consumer Goods, Footwear Manufacturing

To see the full contact details of Veekesy Polymers Private Limited, buy the company report.

Comprehensive company report
Veekesy Polymers 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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Financials of Veekesy Polymers Private Limited

FY 2024 filings available

Veekesy Polymers Private Limited reported revenue of ₹130.83 Cr (up 24% YoY) for FY 2023.

Revenue · FY 2023
₹130.83 Cr ▲ 24%
Net profit · FY 2023
₹74.86 Lakh margin 0.6%
EBITDA · FY 2023
₹4.89 Cr margin 3.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 24%
3 years · compounded
▲ 12%
5 years · compounded
▲ 8%
EBITDA CAGR growth
1 year
▲ 45%
3 years · compounded
▼ 21%
5 years · compounded
▼ 6%

Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 24% growth in the latest year. EBITDA rose 45% 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹130.83 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹4.89 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹74.86 Lakh
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin3.7%
Net Profit Margin0.6%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Veekesy Polymers Private Limited, buy the company report.

Board of directors of Veekesy Polymers Private Limited

Veekesy Polymers has 5 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Veluthedath Mohammedkutty
Also directs: Debongo Global LLP, VKC Plastomers India Private Limited, Morbido Vinyl Private Limited and 4 more
Director29 Jun 200917 Years 4 MonthsCurrent
Mammed Koya Vkc
Also directs: VKC Plastomers India Private Limited, VKC Shoes and Allied Products India Private Limited, Diadora Shoes Private Limited and 5 more
Director29 Jun 200917 Years 4 MonthsCurrent
Rafeeque Veluthedath
Also directs: Slipons Ventures Limited Liability Partnership, DB Consumer Products LLP, Debongo Global LLP and 5 more
Managing Director02 May 200224 Years 6 MonthsCurrent
Mohammed Veluthedath
Also directs: Debongo Global LLP, VKC Plastomers India Private Limited, Morbido Vinyl Private Limited and 5 more
Director29 Jun 200917 Years 4 MonthsCurrent
Abdul Razak Veluthedath
Also directs: Slipons Ventures Limited Liability Partnership, DB Consumer Products LLP, Debongo Global LLP and 5 more
Director29 Jun 200917 Years 4 MonthsCurrent
View all directors

Auditor

Veekesy Polymers Private Limited is audited by M/S.U.Parasurama Iyer & Co for the financial year 2023.

Auditor firmFinancial yearFirm registration number
M/S.U.Parasurama Iyer & CoFY 2023002572S

Shareholding

The shareholding of Veekesy Polymers 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Veekesy Polymers Private Limited, buy the company report.

Charges & borrowings

Open charges
₹50.82 Cr
Satisfied charges
₹101.1 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹29.23 Cr
Others₹21.60 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
30 Sep 2025101162123Others₹6.5 CrOpen
05 Oct 2024101000495Hdfc Bank Limited₹28.93 CrOpen
02 Sep 2024100979897Others₹5 CrOpen
04 Aug 2023100770204Others₹9.5 LakhOpen
29 Sep 2022100619366Others₹10 CrOpen

To see the full charge records of Veekesy Polymers Private Limited, buy the company report.

Total charge records: 32 View all charges

Deals & funding

Veekesy Polymers Private Limited has 8 deals on record (7 secondary share transfers, 1 rights issue); the latest was in March 2023.

Total deals
8
Secondary share transfers
7
Rights issue
1

Deals on record (5 of 8)

WhenDealAmountParties
Mar 2023Secondary share transferUndisclosedBuyer: Vkc Family Trust
Seller: 2 individuals
Jun 2020Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Mar 2020Secondary share transferUndisclosedBuyer: 3 individuals
Seller: 2 individuals
Jan 2017Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Aug 2014Rights issue₹19.4 LakhInvestors: 2 individuals

To see the full deal history of Veekesy Polymers Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Veekesy Polymers Private Limited was last rated by Crisil on 24 Oct 2019.

Rating agencyRated onRating
Crisil24 Oct 2019

To see the full credit ratings and regulatory alerts of Veekesy Polymers Private Limited, buy the company report.

MSME payment delays

Veekesy Polymers Private Limited has 16 MSME Form 1 returns on record between 2019 and 2024, listing 555 overdue payments to 91 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 91)

SupplierAmount dueDue sinceReported on
Ecowalk Impex Private Limited
Ever Green Cartons
an individual supplier
Tool Tech Engineering Technology
an individual supplier

To see the full MSME payment records of Veekesy Polymers Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Veekesy Polymers Private Limited has a workforce of 194 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.

Employee count
194
Active EPFO establishments
1
Employee growth
-19.5%

GST

Veekesy Polymers has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
32AAACV7735N1ZZKeralaActive01 Jul 2017

To see the full GST registrations and return filing status of Veekesy Polymers Private Limited, buy the company report.

Recent activity

Veekesy Polymers Private Limited has 9 board changes on record since 2002: 5 appointments and 4 cessations. The latest: Veluthedath Noushad ceased to be Director on 05 Jun 2019.

AGM
Veekesy Polymers Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 6.50 Cr with Charge ID 101162123 was registered on 30 Sep 2025.
Charges
A charge with Hdfc Bank Limited of Rs. 28.93 Cr registered on 05 Oct 2024 with Charge ID 101000495 was modified on 08 Aug 2025.
Charges
A charge with Others of Rs. 5.00 Cr registered on 02 Sep 2024 with Charge ID 100979897 was modified on 29 Mar 2025.
Charges
A charge with Others of Rs. 10.00 Cr registered on 29 Sep 2022 with Charge ID 100619366 was modified on 29 Mar 2025.
Charges
A charge registered on 20 Dec 2022 via Charge ID 100665496 with Others was fully satisfied on 19 Feb 2025.
Charges
A charge registered on 01 Feb 2023 via Charge ID 100677238 with Others was fully satisfied on 20 Nov 2024.
Charges
A charge registered on 17 Dec 2021 via Charge ID 100520026 with Others was fully satisfied on 20 Nov 2024.
Charges
A charge registered on 27 Oct 2020 via Charge ID 100385269 with Others was fully satisfied on 20 Nov 2024.
Charges
A charge registered on 29 Dec 2018 via Charge ID 100229725 with Others was fully satisfied on 20 Nov 2024.
Charges
A charge registered on 14 Aug 2018 via Charge ID 100206125 with Others was fully satisfied on 20 Nov 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 28.93 Cr with Charge ID 101000495 was registered on 05 Oct 2024.

69 earlier events are in the company report.

News

Frequently asked questions

Veekesy Polymers 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 January 1996 (30+ years old) and is registered under CIN U24134KL1996PTC009856.

Veekesy Polymers has 5 current directors:

The latest financial statements of Veekesy Polymers on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Veekesy Polymers is 32AAACV7735N1ZZ, registered in Kerala.

The CIN (Corporate Identification Number) of Veekesy Polymers is U24134KL1996PTC009856. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Veekesy Polymers has 1 court case on record: 1 filed against it. 1 is pending.

Veekesy Polymers was incorporated on 01 January 1996, making it 30+ years old. It is registered with the Registrar of Companies, Ernakulam.

Veekesy Polymers has 8 deals on record (7 secondary share transfers, 1 rights issue); the latest was in March 2023.

Veluthedath Noushad ceased to be Director on 05 Jun 2019. Gopalan Mallissery ceased to be Director on 14 Sep 2013. Kunjali Kunjayin Veluthedath ceased to be Director on 15 Dec 2009. Veekesy Polymers has 9 board changes on record in total.

Yes, Veekesy Polymers is registered as a medium enterprise under Udyam registration (number: UDYAM-KL-14-0000192).

Veekesy Polymers has 16 MSME Form 1 returns on record between 2019 and 2024, listing 555 overdue payments to 91 micro and small suppliers. The latest return was filed on 01 May 2024.