MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-CG-05-0004573
Veenit Ispat and Engineering Private Limited - machinery and equipment in Bhilai, Chhattisgarh, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹14.86 Cr
▼ 13% YoY
Net profit · FY 2024
₹10.35 Lakh
Net margin 0.7%
EBITDA · FY 2024
₹76.71 Lakh
EBITDA margin 5.2%
Authorised capital
₹16 Lakh
Registered with MCA
Paid-up capital
₹15.7 Lakh
Issued & subscribed
Open charges
₹14.43 Cr
Satisfied ₹4.7 Cr
Company age
21 yrs
Est. 2005
Employees · EPFO
8
Provident fund records
About Veenit Ispat and Engineering Private Limited
Data last updated:
Veenit Ispat and Engineering Private Limited is a private limited company based in Bhilai, Chhattisgarh, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 17 May 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Chhattisgarh, under CIN U27106CT2005PTC017603. Its GSTIN is 22AACCV1073D1ZW (Chhattisgarh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹16 Lakh and a paid-up capital of ₹15.7 Lakh. It is led by directors Santosh Kumar Sharma and Sudha Sharma.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 53/6 M.L Nehru Nagar (West), Bhilai, Chhattisgarh, India – 490020.
As per the financials filed for FY 2024, the company reported a revenue of ₹14.86 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹10.35 Lakh (net margin 0.7%) and EBITDA of ₹76.71 Lakh (EBITDA margin 5.2%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 10% over five years.
The company has about 8 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹14.43 Cr and satisfied charges of ₹4.7 Cr on record.
Veenit Ispat and Engineering Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-CG-05-0004573). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vsind.net.
Company details
CIN U27106CT2005PTC017603
Registration Number 017603
Incorporation Date 17 May 2005
ROC Chhattisgarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-CG-05-0004573
Recognitions & Rankings of Veenit Ispat and Engineering
Contact details
Veenit Ispat and Engineering Private Limited's registered office is in Bhilai, Chhattisgarh. Its website is vsind.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address53/6 M.L Nehru Nagar (West), Bhilai, Chhattisgarh, India – 490020
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Veenit Ispat and Engineering Private Limited, buy the company report.
Comprehensive company report
Veenit Ispat and Engineering 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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Business activity
The main business activity of Veenit Ispat and Engineering is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Veenit Ispat and Engineering Private Limited, buy the company report.
Financials of Veenit Ispat and Engineering Private Limited
FY 2024 filings availableVeenit Ispat and Engineering Private Limited reported revenue of ₹14.86 Cr (down 13% YoY) for FY 2024.
Revenue · FY 2024
₹14.86 Cr ▼ 13%
Net profit · FY 2024
₹10.35 Lakh margin 0.7%
EBITDA · FY 2024
₹76.71 Lakh margin 5.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 13%
3 years · compounded
▲ 25%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▼ 20%
3 years · compounded
▲ 1%
5 years · compounded
▲ 2%
Revenue fell 13% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 10%. EBITDA fell 20% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹76.71 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹10.35 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.2% | ||||
| Net Profit Margin | 0.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| 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 Veenit Ispat and Engineering Private Limited, buy the company report.
Board of directors of Veenit Ispat and Engineering Private Limited
Veenit Ispat and Engineering has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Santosh Kumar Sharma Also directs: VS Metal Industries Limited | Director | 17 May 2005 | 21 Years 5 Months | Current |
| Sudha Sharma Also directs: VS Metal Industries Limited | Director | 17 May 2005 | 21 Years 5 Months | Current |
Auditor
Veenit Ispat and Engineering Private Limited is audited by SMR & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SMR & CO. | FY 2023 | 006098C |
Shareholding
The shareholding of Veenit Ispat and Engineering 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 category | FY 2023 | FY 2022 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Veenit Ispat and Engineering Private Limited, buy the company report.
Charges & borrowings
Open charges
₹14.43 Cr
Satisfied charges
₹4.7 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Mar 2023 | 100689561 | Canara Bank | ₹10 Cr | Open | |
| 09 Nov 2021 | 100517801 | Canara Bank | ₹1.13 Cr | Open | |
| 17 Jun 2008 | 10114923 | Canara Bank | ₹3.3 Cr | Open | |
| 30 Jun 2008 | 10114198 | Canara Bank | ₹4.7 Cr | Satisfied |
To see the full charge records of Veenit Ispat and Engineering Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Veenit Ispat and Engineering Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Veenit Ispat and Engineering Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Veenit Ispat and Engineering Private Limited has a workforce of 8 employees on its EPFO records as of Apr 08, 2024, across 2 active EPFO establishments.
Employee count
8
Active EPFO establishments
2
Employee growth
60%
GST
Veenit Ispat and Engineering has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 22AACCV1073D1ZW | Chhattisgarh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Veenit Ispat and Engineering Private Limited, buy the company report.
Recent activity
Veenit Ispat and Engineering Private Limited has 2 board changes on record since 2005: 2 appointments. The latest: Santosh Kumar Sharma was appointed as Director on 17 May 2005.
AGM
Veenit Ispat And Engineering Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Veenit Ispat And Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chhattisgarh.
Charges
A charge registered on 30 Jun 2008 via Charge ID 10114198 with Canara Bank was fully satisfied on 27 Mar 2023.
Charges
A charge with Canara Bank amounted to Rs. 1,000.00 Lakh with Charge ID 100689561 was registered on 10 Mar 2023.
Charges
A charge with Canara Bank of Rs. 330.00 Lakh registered on 17 Jun 2008 with Charge ID 10114923 was modified on 10 Mar 2023.
Charges
A charge with Canara Bank amounted to Rs. 113.00 Lakh with Charge ID 100517801 was registered on 09 Nov 2021.
Charges
A charge with Canara Bank of Rs. 470.00 Lakh registered on 30 Jun 2008 with Charge ID 10114198 was modified on 18 Sep 2014.
Charges
A charge with Canara Bank amounted to Rs. 470.00 Lakh with Charge ID 10114198 was registered on 30 Jun 2008.
Charges
A charge with Canara Bank amounted to Rs. 330.00 Lakh with Charge ID 10114923 was registered on 17 Jun 2008.
Appointed
Santosh Kumar Sharma was appointed as Director.
Appointed
Sudha Sharma was appointed as Director.
Incorporation
17 May 2005
Veenit Ispat And Engineering Private Limited was registered on 17 May 2005 with Roc Chhattisgarh & aged 21 years 5 months as per MCA records.
Frequently asked questions
Veenit Ispat and Engineering is an active private limited company based in Bhilai, Chhattisgarh, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 17 May 2005 (21+ years old) and is registered under CIN U27106CT2005PTC017603.
Veenit Ispat and Engineering has 2 current directors:
- Santosh Kumar Sharma - Director
- Sudha Sharma - Director
The latest financial statements of Veenit Ispat and Engineering on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Veenit Ispat and Engineering is 22AACCV1073D1ZW, registered in Chhattisgarh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Veenit Ispat and Engineering is U27106CT2005PTC017603. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Veenit Ispat and Engineering was incorporated on 17 May 2005, making it 21+ years old. It is registered with the Registrar of Companies, Chhattisgarh.
Santosh Kumar Sharma was appointed as Director on 17 May 2005. Sudha Sharma was appointed as Director on 17 May 2005.
Yes, Veenit Ispat and Engineering is registered as a small enterprise under Udyam registration (number: UDYAM-CG-05-0004573).
Veenit Ispat and Engineering can be reached through the website vsind.net. Its registered office is in Bhilai, Chhattisgarh, India.
The registered office of Veenit Ispat and Engineering is at 536 M.L Nehru Nagar West, Bhilai, Chhattisgarh, India – 490020.
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