About Veena Die Casters and Engineers Private Limited
Data last updated:
Veena Die Casters and Engineers Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the die casting and metal forming segment of the manufacturing sector. It was incorporated on 01 March 1969.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U27200MH1969PTC014223. Its GSTIN is 27AAACV1319A1ZX (Maharashtra).
The company had an authorised share capital of ₹65 Lakh and a paid-up capital of ₹5 Lakh. It was formerly known as Veena Die Casters Private Limited. It was led by directors Vandan Sitaram Shah and Ekta Vandan Shah.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at 93/A Mittal Tower 210 Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2023, the company reported a revenue of ₹11.29 Lakh, a decline of 99% compared to the previous year. For the same year it recorded a net profit of ₹1.73 Lakh (net margin 15.3%) and EBITDA of ₹8.89 Lakh (EBITDA margin 78.7%). Revenue has declined at a compounded annual rate (CAGR) of 80% over three years and 63% over five years.
The company had about 1 employee on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had satisfied charges of ₹3.61 Cr on record. Court records list 7 cases involving the company, including 6 filed by the company and 1 filed against it; 1 case is pending.
The last known website on record is indiandiecasting.com.
Company details
Contact details
Veena Die Casters and Engineers Private Limited's registered office is in Mumbai, Maharashtra. Its website is indiandiecasting.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address93/A Mittal Tower 210 Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryManufacturing, Die Casting & Metal Forming
To see the full contact details of Veena Die Casters and Engineers Private 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
Financials of Veena Die Casters and Engineers Private Limited
FY 2023 filings availableVeena Die Casters and Engineers Private Limited reported revenue of ₹11.29 Lakh (down 99% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 63% over five years, including a 99% fall in the latest year. EBITDA fell 99% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | ₹8.89 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.73 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 78.7% | ||||
| Net Profit Margin | 15.3% | ||||
| 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 Veena Die Casters and Engineers Private Limited, buy the company report.
Board of directors of Veena Die Casters and Engineers Private Limited
Veena Die Casters and Engineers has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vandan Sitaram Shah Also directs: Hind Rectifiers Limited, Indef Manufacturing Limited, Sipra Engineers Private Limited and 1 more | Director | 01 Mar 2020 | 6 Years 8 Months | As last reported |
| Ekta Vandan Shah | Director | 02 Jan 2019 | 7 Years 10 Months | As last reported |
Peer comparison
Veena Die Casters and Engineers Private Limited is compared with the 5 companies closest to it by revenue in the Manufacturing industry (Die Casting), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Samir Metal Processors Private Limited | ₹11.87 Lakh (FY 2021) | -52.0% | Kolhapur, Maharashtra, India | |||
| Anagh Forge Private Limited | ₹11.49 Lakh (FY 2022) | Rajkot, Gujarat, India | ||||
| Veena Die Casters and Engineers Private Limitedthis company | ₹11.29 Lakh (FY 2023) | ₹1.73 Lakh | 15.3% | -99.0% | 1 | Mumbai, Maharashtra, India |
| Bhardwaj Founders Private Limited | ₹11.19 Lakh (FY 2021) | 20.0% | Mumbai, Maharashtra, India | |||
| Giri Raj Casting Private Limited | ₹11.04 Lakh (FY 2024) | -99.0% | New Delhi, Delhi, India | |||
| Sadhana Castings Pvt Ltd | ₹10.62 Lakh (FY 2023) | -99.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Veena Die Casters and Engineers Private Limited, buy the company report.
Auditor
Veena Die Casters and Engineers Private Limited is audited by Khandwala & Shah for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Khandwala & Shah | FY 2022 | 105069W |
Shareholding
The shareholding of Veena Die Casters and Engineers Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Veena Die Casters and Engineers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Oct 2012 | 10385643 | Bank of India | ₹30 Lakh | Satisfied | |
| 12 Aug 2011 | 10300884 | Small Industries Development Bank of India | ₹30 Lakh | Satisfied | |
| 11 Dec 2009 | 10191781 | Small Industries Development Bank of India | ₹35 Lakh | Satisfied | |
| 03 Mar 2008 | 10092872 | Small Industries Development Bank of India | ₹35 Lakh | Satisfied | |
| 12 Jun 2007 | 10059376 | Others | ₹1 Cr | Satisfied |
To see the full charge records of Veena Die Casters and Engineers Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Veena Die Casters and Engineers Private Limited has 7 court cases on record: 6 filed by Veena Die Casters and Engineers, 1 filed against it. 1 case is pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 1 | 1 |
| District courts | 1 | 0 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against Union of India and Ors | Pending |
| NCLT, Mumbai | Court case (C.P.(CAA)) | Filed by the company | Disposed |
| Bombay High Court | Court case (CSD) | Filed by the company | Disposed |
| Bombay High Court | Court case (CSP) | Filed by the company | Disposed |
| Bombay High Court | Court case (CAF) | Filed against the company by M/S. Arci Engineers | Disposed |
To see the full case history of Veena Die Casters and Engineers 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.
MSME payment delays
Veena Die Casters and Engineers Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 17 overdue payments to 8 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 8)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Ultraseal (India) Private Limited | |||
| Indo-German Vacu Treat Private Limited | |||
| Saru Aikoh Chemicals Private Limited | |||
| Dynostars CNC Engineers |
To see the full MSME payment records of Veena Die Casters and Engineers Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Veena Die Casters and Engineers Private Limited has a workforce of 1 employees on its EPFO records as of Mar 2022, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2021-22 | 1 |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 | |
| FY 2015-16 | |
| FY 2014-15 |
To see the full employee and EPFO history of Veena Die Casters and Engineers Private Limited, buy the company report.
GST
Veena Die Casters and Engineers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACV1319A1ZX | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Veena Die Casters and Engineers Private Limited, buy the company report.
Recent activity
Veena Die Casters and Engineers Private Limited has 6 board changes on record since 2019: 2 appointments and 4 cessations. The latest: Veena Sitaram Shah ceased to be Director on 17 Jan 2023.
15 earlier events are in the company report.
Frequently asked questions
Veena Die Casters and Engineers has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Veena Die Casters and Engineers was a private limited company based in Mumbai, Maharashtra, India. The company worked in die casting and metal forming, within the manufacturing industry. It was incorporated on 01 March 1969 and is registered under CIN U27200MH1969PTC014223. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Veena Die Casters and Engineers was incorporated on 01 March 1969. It is registered with the Registrar of Companies, Mumbai.
Veena Die Casters and Engineers had 2 directors:
- Vandan Sitaram Shah - Director
- Ekta Vandan Shah - Director
The CIN (Corporate Identification Number) of Veena Die Casters and Engineers is U27200MH1969PTC014223. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Veena Die Casters and Engineers is at 93A Mittal Tower 210 Nariman Point, Mumbai, Maharashtra, India – 400021.
Veena Die Casters and Engineers can be reached through the website indiandiecasting.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Veena Die Casters and Engineers on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Veena Die Casters and Engineers is 27AAACV1319A1ZX, registered in Maharashtra.
Veena Die Casters and Engineers operated in the manufacturing industry, in the die casting and metal forming segment.
The peers of Veena Die Casters and Engineers by revenue are Samir Metal Processors Private Limited, Anagh Forge Private Limited, Bhardwaj Founders Private Limited, Giri Raj Casting Private Limited, Sadhana Castings Pvt Ltd, all in the Manufacturing industry (Die Casting), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).
Veena Die Casters and Engineers has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 17 overdue payments to 8 micro and small suppliers. The latest return was filed on 27 May 2019.
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