Veena Textiles Limited Company Logo

Veena Textiles Limited - Company Profile

It is a home & lifestyle public limited company based in Namakkal District, Tamil Nadu, India, established in 1968.

1968 | Namakkal District, Tamil Nadu, India | Active
Last Updated:

About Veena Textiles Limited

Veena Textiles Limited, a active public limited company, was established on 08 April 1968 in Namakkal District, Tamil Nadu, India. Engaging in textile retail & distribution within the manufacturing sector, it holds CIN: U17111TZ1968PLC000584. Registered under ROC Roc Coimbatore. it is unlisted. It has an authorized capital of ₹10.00 Cr and a paid-up capital of ₹8.04 Cr.

It upholds a compliant status. Its leadership includes Parthiban (Director), Balsubramanian Shanmugasundaram (Director), Rathinasamy Velmurugan (Director). Past directors included Parthiban, Balsubramanian Shanmugasundaram, S K Natesan. It holds ₹3.39 Cr open charges and ₹6.95 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 309 Salem Main Road Komaram Palayam, Namakkal District, Tamil Nadu, 638183.

Company Details

  • CIN/LLPIN

    U17111TZ1968PLC000584

  • Registration Number

    000584

  • Incorporation Date

    08 April 1968

  • Authorized Capital

    ₹10.00 Cr

  • Paid-Up Capital

    ₹8.04 Cr

  • ROC Code

    Roc Coimbatore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 8.04 Cr
  • Company Age 57 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.39 Cr
  • Satisfied Charges ₹ 6.95 Cr
  • Revenue Growth -24.42%
  • Profit Growth 17.57%
  • Ebitda 18.90%
  • Net Worth -1.88%
  • Total Assets -1.71%
Company report

Veena Textiles Limited

Company Report FY 2025-2026

Explore comprehensive insights into Veena Textiles Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

Access Report Banner Element

Who are the key members and board of directors at Veena Textiles Limited?

Current Directors

NameDesignationAppointment DateStatus
ParthibanDirector12 Nov 2018Current
Balsubramanian ShanmugasundaramDirector18 Jun 2022Current
Rathinasamy VelmuruganDirector30 Sep 2002Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddAdditional Director27 Sep 2019Past
Pramod AbcsddAdditional Director30 Sep 2022Past
Pramod AbcsddDirector22 Nov 2007Past
Pramod AbcsddCfo(Kmp)-Past
Pramod AbcsddManaging Director08 Jul 2022Past
Pramod AbcsddAdditional Director27 Jun 2015Past

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

Financial Performance of Veena Textiles.

Veena Textiles Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 24.42% decrease. The company also saw a substantial improvement in profitability, with a 17.57% increase in profit. The company's net worth dipped by a decrease of 1.88%.

Veena Textiles revenue growth over time
Veena Textiles profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-24.42%
Revenue from Operations
-25.87%
Total Assets
-1.71%
Profit or Loss
17.57%
Net Worth
-1.88%
EBITDA
18.90%

What is the Ownership and Shareholding Structure of Veena Textiles?

In 2021, Veena Textiles had a promoter holding of 33.62% and a public holding of 66.38%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Reveal ownership structures and financial performance - Get instant access now!

Charges (Loans)

Open Charges

₹33,869,366.00

Satisfied Charges

₹69,549,740.00

Charges Breakdown by Lending Institutions

  • Elgi Finance Ltd. : 1.11 Cr
  • Ifci Limited : 1.00 Cr
  • Sundaram Fiance Ltd. : 0.89 Cr
  • Sundaram Finance Ltd. : 0.39 Cr

Latest Charge Details

DateLenderAmountStatus
22 Aug 1995Elgi Finance Ltd.₹1.11 CrOpen
06 Oct 1994Ifci Limited₹1.00 CrOpen
15 Mar 1994Sundaram Fiance Ltd.₹0.48 MOpen
13 Dec 1993Sundaram Fiance Ltd.₹0.32 MOpen
15 Nov 1993Sundaram Finance Ltd.₹0.54 MOpen

Explore comprehensive loan charge details -

How Many Employees Work at Veena Textiles?

Unlock and access historical data on people associated with Veena Textiles, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Veena Textiles Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Veena Textiles, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Veena Textiles's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Veena Textiles

Recent Activity within the Organization

  • Annual General Meeting

    The activity Veena Textiles Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

    The activity Veena Textiles Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore. was completed.

  • Director Appointment

    Progress on Balsubramanian Shanmugasundaram was appointed as a Director was appointed as a Director on 18 Jun 2022 & has been associated with this company since 3 years 5 months . was documented.

  • Director Appointment

    Progress on Parthiban was appointed as a Director was appointed as a Director on 12 Nov 2018 & has been associated with this company since 7 years 25 days . was documented.

  • Charges

    A charge with Ifci Limited of Rs. 1.00 Cr registered on 06 Oct 1994 with Charge ID 80063356 was modified on 25 May 2011. was recorded as a recent event.

  • Charges

    A charge registered on 24 Jun 1993 via Charge ID 90008118 with State Bank Of India was fully satisfied on 04 Jan 2010. was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Veena Textiles Limited?

    The CIN of Veena Textiles Limited is U17111TZ1968PLC000584.

  • Where is Veena Textiles Limited headquartered?

    Veena Textiles Limited is headquartered at 309 Salem Main Road Komaram Palayam, Namakkal District, Tamil Nadu, 638183.

  • When was Veena Textiles Limited incorporated?

    Veena Textiles Limited was incorporated on 08 April 1968.

  • Who are the current directors of Veena Textiles Limited?

    The current directors of Veena Textiles Limited are

  • What is the primary industry of Veena Textiles Limited?

    The primary industry of Veena Textiles Limited is Manufacturing.

  • Is Veena Textiles Limited a listed company?

    Veena Textiles Limited is unlisted.

  • What is the capital structure of Veena Textiles Limited?

    The authorized capital of Veena Textiles Limited is ₹10.00 Cr, and the paid-up capital is ₹8.04 Cr.

  • What is the compliance status of Veena Textiles Limited?

    The compliance status of Veena Textiles Limited is Compliant.

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial