- Category
- Medium (2023-24)
- Udyam number
- UDYAM-HP-11-0000576

About Veeline Industries Limited
Data last updated:
Veeline Industries Limited is a public limited company based in Kolkata, West Bengal, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 04 October 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U22300WB1989PLC047678. Its GSTIN is 19AAACV9139N1ZL (West Bengal). The company holds 6 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹60 Cr and a paid-up capital of ₹40.32 Cr. It was formerly known as Veeline Exports Private Limited and Veeline Exports Limited. It is led by directors including Anil Gupta Kumar (Managing Director) and Anuradha Gupta (Whole-Time Director).
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 3 Mangoe Lane, Kolkata, West Bengal, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹405.38 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹23.32 Cr (net margin 5.8%) and EBITDA of ₹48.77 Cr (EBITDA margin 12%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 20% over five years.
The company has about 84 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Veeline Media. As per MCA filings, the company has open charges of ₹210.74 Cr and satisfied charges of ₹81.67 Cr on record. Court records list 36 cases involving the company, including 13 filed by the company and 23 filed against it; 14 cases are pending. The company has 8 deals on record (6 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹1.15 Cr; the latest was in March 2023. The company has 10 MSME Form 1 returns on record between 2019 and 2024, listing 494 overdue payments to 224 micro and small suppliers.
Veeline Industries Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-HP-11-0000576). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website veeline.com.
Company details
Name history
Veeline Industries has undergone 3 name changes throughout its history. The company was previously known as Veeline Exports Private Limited, Veeline Exports Limited, and Veeline Media Limited. The current legal name is Veeline Industries Limited.
| Company Name | Status |
|---|---|
| Veeline Industries Limited | Current |
| Veeline Exports Private Limited | Previous |
| Veeline Exports Limited | Previous |
| Veeline Media Limited | Previous |
CIN history
Veeline Industries has one previous CIN (Corporate Identification Number): L22300WB1989PLC047678. The current CIN is U22300WB1989PLC047678, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U22300WB1989PLC047678 | Current |
| L22300WB1989PLC047678 | Previous |
Recognitions & Rankings of Veeline Industries
Contact details
Veeline Industries Limited's registered office is in Kolkata, West Bengal. Its website is veeline.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address3 Mangoe Lane, Kolkata, West Bengal, India
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Veeline Industries Limited, buy the company report.
- 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
Brands
Veeline Industries operates one associated brand: Veeline Media. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Contract manufacturing of water purifiers, dispensers, and geysers is conducted. | veeline.com |
Business activity
The main business activity of Veeline Industries 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 Veeline Industries Limited, buy the company report.
Financials of Veeline Industries Limited
FY 2025 filings availableVeeline Industries Limited reported revenue of ₹405.38 Cr (up 15% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 15% growth in the latest year. EBITDA rose 103% 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 | ₹48.77 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹23.32 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 | 12% | ||||
| Net Profit Margin | 5.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Veeline Industries Limited, buy the company report.
Board of directors of Veeline Industries Limited
Veeline Industries has 5 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suyash Borar Also directs: Xceptional Health & Wellness Private Limited | Director | 06 Jan 2025 | 1 Years 9 Months | Current |
| Anil Gupta Kumar | Managing Director | 04 Oct 1989 | 37 Years 0 Months | Current |
| Akshita Gupta | Director | 13 Jul 2009 | 17 Years 3 Months | Current |
| Ranjan Kumar Musaddi Also directs: Macro Resources Pvt Ltd, Krishna Building Owners' Association | Director | 02 Mar 2023 | 3 Years 7 Months | Current |
| Anuradha Gupta | Whole-Time Director | 06 Apr 1998 | 28 Years 6 Months | Current |
Auditor
Veeline Industries Limited is audited by R B S C & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R B S C & CO | FY 2023 | 302034E |
Shareholding
The shareholding of Veeline Industries 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 Veeline Industries Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jul 2025 | 101136684 | The Hongkong and Shanghai Banking Corporation Limited | ₹26.2 Cr | Open | |
| 12 Nov 2024 | 100998915 | Others | ₹45 Lakh | Open | |
| 28 Feb 2023 | 100683017 | Hdfc Bank Limited | ₹20 Cr | Open | |
| 06 Jan 2022 | 100525764 | The Hongkong and Shanghai Banking Corporation Limited | ₹20 Cr | Open | |
| 24 May 2019 | 100265013 | Hdfc Bank Limited | ₹10 Cr | Open |
To see the full charge records of Veeline Industries Limited, buy the company report.
Total charge records: 18 View all charges
Deals & funding
Veeline Industries Limited has 8 deals on record (6 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹1.15 Cr; the latest was in March 2023.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: Victus Enterprise LLP Seller: 2 individuals |
| Aug 2021 | Rights issue | ₹44.03 Cr | Investors: 4 individuals |
| Jan 2014 | Funding round | ₹1.15 Cr | Investors: S R S Trading & Holdings Pvt Ltd |
| Mar 2008 | Secondary share transfer | Undisclosed | Buyer: Rasraj Barter Pvt Ltd , S R S Trading & Holdings Pvt Ltd , 2 individuals Seller: 2 individuals |
| Nov 2006 | Secondary share transfer | Undisclosed | Buyer: S R S Trading & Holdings Pvt Ltd , Banarhat Properties Private Limited , 2 individuals Seller: Sahal Food Products Pvt Ltd , PNC Capital Trust Ltd , Enfield Tracon Pvt.Ltd. |
To see the full deal history of Veeline Industries Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Veeline Industries Limited has 36 court cases on record: 13 filed by Veeline Industries, 23 filed against it. 14 cases are pending and 22 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 28 | 20 | 13 |
| High courts | 8 | 3 | 1 |
Cases on record (5 of 36)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Court case (OLR) | Filed against the company by Official Liquidator of M/S. Sunam Packaging Pvt. Ltd. (in Liquidation) | Disposed |
| High Court | Company petition | Filed against the company by Re : Blue Oceanz Entertainment Pvt Ltd and | Disposed |
| District court, Calcutta, West Bengal | Court case (TS) | Filed by the company against Ozone Metallics Pvt. Ltd. | Disposed |
| High Court | Civil suit | Filed by the company against Dataline Infotech Pvt. Ltd. | Disposed |
| District court, SURAT, Gujarat | Court case (REFER-T-LC) | Filed against the company by an individual | Pending |
To see the full case history of Veeline Industries 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.
MSME payment delays
Veeline Industries Limited has 10 MSME Form 1 returns on record between 2019 and 2024, listing 494 overdue payments to 224 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 224)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Challa Enterprises India Private Limited | |||
| East India Technologies Private Limited. | |||
| Shree Balaji Printing & Packaging Private Limited | |||
| R S Enterprises | |||
| an individual supplier |
To see the full MSME payment records of Veeline Industries Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Veeline Industries Limited has a workforce of 84 employees on its EPFO records as of Apr 06, 2024, across 2 active EPFO establishments.
GST
Veeline Industries has 6 GST registrations: 5 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAACV9139N1ZL | West Bengal | Active | 01 Jul 2017 |
| 19AAACV9139N2ZK | West Bengal | Active | 27 Dec 2017 |
| 02AAACV9139N2ZZ | Himachal Pradesh | Active | 01 Jul 2017 |
| 24AAACV9139N1ZU | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Veeline Industries Limited, buy the company report.
Recent activity
Veeline Industries Limited has 11 board changes on record since 1989: 5 appointments and 6 cessations. The latest: Suyash Borar was appointed as Director on 06 Jan 2025.
42 earlier events are in the company report.
Frequently asked questions
Veeline Industries is an active public limited company based in Kolkata, West Bengal, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 04 October 1989 (37+ years old) and is registered under CIN U22300WB1989PLC047678.
Veeline Industries has 5 current directors:
- Anil Gupta Kumar - Managing Director
- Anuradha Gupta - Whole-Time Director
- Suyash Borar - Director
- Akshita Gupta - Director
- Ranjan Kumar Musaddi - Director
The latest financial statements of Veeline Industries 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 Veeline Industries is 19AAACV9139N1ZL, registered in West Bengal. The company has 6 GST registrations in all, of which 5 are active and 1 is cancelled or inactive. Other active GSTINs include 19AAACV9139N2ZK (West Bengal), 02AAACV9139N2ZZ (Himachal Pradesh), 24AAACV9139N1ZU (Gujarat).
The CIN (Corporate Identification Number) of Veeline Industries is U22300WB1989PLC047678. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Veeline Industries has 36 court cases on record: 13 filed by the company and 23 filed against it. 14 are pending. Most are in the district courts.
Veeline Industries was incorporated on 04 October 1989, making it 37+ years old. It is registered with the Registrar of Companies, Kolkata.
Veeline Industries has 8 deals on record (6 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹1.15 Cr; the latest was in March 2023.
Suyash Borar was appointed as Director on 06 Jan 2025. Niraj Jindal ceased to be Additional Director on 22 Mar 2023. Ranjan Kumar Musaddi ceased to be Additional Director on 22 Mar 2023. Veeline Industries has 11 board changes on record in total.
Yes, Veeline Industries is registered as a medium enterprise under Udyam registration (number: UDYAM-HP-11-0000576).
Veeline Industries has 10 MSME Form 1 returns on record between 2019 and 2024, listing 494 overdue payments to 224 micro and small suppliers. The latest return was filed on 01 May 2024.