Veeline Industries Limited - machinery and equipment in Kolkata, West Bengal, India. FY 2026 financials & compliance.
CIN U22300WB1989PLC047678 Incorporated 04 October 1989 ROC Kolkata HQ Kolkata, West Bengal, India
Active Public Limited Company machinery and equipment MSME · Medium
Data last updated
Revenue · FY 2025
₹405.38 Cr
▲ 15% YoY
Net profit · FY 2025
₹23.32 Cr
Net margin 5.8%
EBITDA · FY 2025
₹48.77 Cr
EBITDA margin 12%
Authorised capital
₹60 Cr
Registered with MCA
Paid-up capital
₹40.32 Cr
Issued & subscribed
Open charges
₹210.74 Cr
Satisfied ₹81.67 Cr
Company age
37 yrs
Est. 1989
Employees · EPFO
84
Provident fund records

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

CIN U22300WB1989PLC047678
Registration Number 047678
Incorporation Date 04 October 1989
ROC Kolkata
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-HP-11-0000576

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 NameStatus
Veeline Industries LimitedCurrent
Veeline Exports Private LimitedPrevious
Veeline Exports LimitedPrevious
Veeline Media LimitedPrevious

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.

CINStatus
U22300WB1989PLC047678Current
L22300WB1989PLC047678Previous

Recognitions & Rankings of Veeline Industries

MSME (Udyam registered) Ministry of MSME
Category
Medium (2023-24)
Udyam number
UDYAM-HP-11-0000576

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
  • Registered Address
    3 Mangoe Lane, Kolkata, West Bengal, India
  • Industry
    Machinery and Equipment, Industrial Machinery Manufacturing

To see the full contact details of Veeline Industries Limited, buy the company report.

Comprehensive company report
Veeline Industries 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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Secure checkout · GST invoice included

Brands

Veeline Industries operates one associated brand: Veeline Media. Each brand links to its own profile.

BrandDescriptionWebsite
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 codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC8Plastic 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 available

Veeline Industries Limited reported revenue of ₹405.38 Cr (up 15% YoY) for FY 2025.

Revenue · FY 2025
₹405.38 Cr ▲ 15%
Net profit · FY 2025
₹23.32 Cr margin 5.8%
EBITDA · FY 2025
₹48.77 Cr margin 12%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 15%
3 years · compounded
▲ 16%
5 years · compounded
▲ 20%
EBITDA CAGR growth
1 year
▲ 103%
3 years · compounded
▲ 20%
5 years · compounded
▲ 19%

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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹48.77 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹23.32 Cr
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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin12%
Net Profit Margin5.8%
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 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.

Current Directors
NameDesignationAppointment DateTenureStatus
Suyash BorarDirector06 Jan 20251 Years 9 MonthsCurrent
Anil Gupta KumarManaging Director04 Oct 198937 Years 0 MonthsCurrent
Akshita GuptaDirector13 Jul 200917 Years 3 MonthsCurrent
Ranjan Kumar MusaddiDirector02 Mar 20233 Years 7 MonthsCurrent
Anuradha GuptaWhole-Time Director06 Apr 199828 Years 6 MonthsCurrent

Auditor

Veeline Industries Limited is audited by R B S C & CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
R B S C & COFY 2023302034E

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 categoryFY 2023FY 2022FY 2021FY 2020FY 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

Open charges
₹210.74 Cr
Satisfied charges
₹81.67 Cr
Breakdown by lending institutions
The Hongkong and Shanghai Banking Corporation Limited₹130.29 Cr
Hdfc Bank Limited₹80.00 Cr
Others₹0.45 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
31 Jul 2025101136684The Hongkong and Shanghai Banking Corporation Limited₹26.2 CrOpen
12 Nov 2024100998915Others₹45 LakhOpen
28 Feb 2023100683017Hdfc Bank Limited₹20 CrOpen
06 Jan 2022100525764The Hongkong and Shanghai Banking Corporation Limited₹20 CrOpen
24 May 2019100265013Hdfc Bank Limited₹10 CrOpen

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.

Total deals
8
Secondary share transfers
6
Rights issue
1
Funding round
1
Disclosed funding
₹1.15 Cr

Deals on record (5 of 8)

WhenDealAmountParties
Mar 2023Secondary share transferUndisclosedBuyer: Victus Enterprise LLP
Seller: 2 individuals
Aug 2021Rights issue₹44.03 CrInvestors: 4 individuals
Jan 2014Funding round₹1.15 CrInvestors: S R S Trading & Holdings Pvt Ltd
Mar 2008Secondary share transferUndisclosedBuyer: Rasraj Barter Pvt Ltd , S R S Trading & Holdings Pvt Ltd , 2 individuals
Seller: 2 individuals
Nov 2006Secondary share transferUndisclosedBuyer: 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.

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)

SupplierAmount dueDue sinceReported 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.

Employee count
84
Active EPFO establishments
2
Employee growth
61.54%

GST

Veeline Industries has 6 GST registrations: 5 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
6
Active
5
Cancelled / inactive
1
GSTINStateStatusRegistered on
19AAACV9139N1ZLWest BengalActive01 Jul 2017
19AAACV9139N2ZKWest BengalActive27 Dec 2017
02AAACV9139N2ZZHimachal PradeshActive01 Jul 2017
24AAACV9139N1ZUGujaratActive01 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.

AGM
Veeline Industries Limited last Annual general meeting of members was held on 22 Sep 2025 as per latest MCA records.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 84.09 Cr registered on 23 Oct 2015 with Charge ID 10601759 was modified on 04 Aug 2025.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 26.20 Cr with Charge ID 101136684 was registered on 31 Jul 2025.
Charges
A charge with Hdfc Bank Limited of Rs. 50.00 Cr registered on 24 May 2019 with Charge ID 100266363 was modified on 20 May 2025.
Filing
Veeline Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Kolkata.
Charges
A charge with Hdfc Bank Limited of Rs. 20.00 Cr registered on 28 Feb 2023 with Charge ID 100683017 was modified on 15 Jan 2025.
Appointed
Suyash Borar was appointed as Director.
Charges
A charge with Others amounted to Rs. 0.45 Cr with Charge ID 100998915 was registered on 12 Nov 2024.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 20.00 Cr registered on 06 Jan 2022 with Charge ID 100525764 was modified on 06 Jun 2023.
Charges
A charge with Hdfc Bank Limited of Rs. 10.00 Cr registered on 24 May 2019 with Charge ID 100265013 was modified on 06 Jun 2023.
Ceased
Niraj Jindal ceased to be Additional Director.
Ceased
Ranjan Kumar Musaddi ceased to be Additional Director.

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:

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.