Veer Industries Limited
About Veer Industries Limited
Data last updated:
Veer Industries Limited is a public limited company based in Gujarat, India. It operates in the plastic and resins segment of the manufacturing sector. It was incorporated on 29 January 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29309GJ1991PLC014983.
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹1.01 Cr. It is led by directors including Darshana Tarun Jain and Tarun Kailashchand Jain.
Its last annual general meeting (AGM) was held on 30 September 2014, and its latest financial statements are for the year ended 31 March 2011. The registered office is at 505/506 Sarvoday Commercialcentre 5th Floor Near G.P.O. Salapas Road Ahmedabad.1., Gujarat, India.
As per MCA filings, the company has open charges of ₹38.56 Cr and satisfied charges of ₹48 Lakh on record. Court records list 11 cases involving the company, including 7 filed by the company and 4 filed against it; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN history
Veer Industries has one previous CIN (Corporate Identification Number): U29309GJ1991PTC014983. The current CIN is U29309GJ1991PLC014983, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29309GJ1991PLC014983 | Current |
| U29309GJ1991PTC014983 | Previous |
Contact details
Veer Industries Limited's registered office is in Gujarat.
- Registered Address505/506 Sarvoday Commercialcentre 5th Floor Near G.P.O. Salapas Road Ahmedabad.1., Gujarat, India
- IndustryManufacturing, Plastic & Resins, Paper & Packaging Products
- 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 Veer Industries Limited
FY 2011 filings availableFinancial Statement Summary
| Metrics | FY 2010-11 |
|---|---|
| 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 | |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | |
| 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 2010-11 |
|---|---|
| Profitability | |
| EBITDA Margin | |
| Net Profit Margin | |
| 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 Veer Industries Limited, buy the company report.
Board of directors of Veer Industries Limited
Veer Industries has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Darshana Tarun Jain Also directs: Ashmita Papers Private Limited, Ashmita Imepex Private Limited | Additional Director | 05 Aug 2010 | 16 Years 2 Months | Current |
| Tarun Kailashchand Jain Also directs: Ashmita Papers Private Limited, Ashmita Imepex Private Limited | Additional Director | 15 Apr 2010 | 16 Years 6 Months | Current |
| Ashutosh Kailashchand Jain Also directs: Tulip Star Industries LLP | Additional Director | 29 Nov 2010 | 15 Years 11 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Sep 2010 | 10244053 | Others | ₹38.56 Cr | Open | |
| 16 Sep 1994 | 90315313 | Bank of Baroda | ₹48 Lakh | Satisfied |
To see the full charge records of Veer Industries Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Veer Industries Limited has 11 court cases on record: 7 filed by Veer Industries, 4 filed against it. 1 case is pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 0 | 0 |
| District courts | 2 | 2 | 1 |
| Supreme Court | 2 | 2 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed against the company by Iifl Finance Limited | Pending |
| High Court, GUJARAT | Special civil application | Filed by the company against Ashmita Papers Pvt Ltd and 2 others | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against State of Gujarat and 2 others | Disposed |
| District court, Ahmedabad, Gujarat | Criminal miscellaneous application | Filed against the company by State Bank of India | Disposed |
| Supreme Court | Court case (1006-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Others) | Filed against the company by an individual | Disposed |
To see the full case history of Veer 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.
Credit ratings & regulatory alerts
Veer Industries Limited was last rated by Care on 01 Nov 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 01 Nov 2021 |
To see the full credit ratings and regulatory alerts of Veer Industries Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Veer Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Veer Industries Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Veer Industries Limited has 9 board changes on record since 2010: 3 appointments and 6 cessations. The latest: Girdharilal Kothari ceased to be Director on 30 Nov 2010.
5 earlier events are in the company report.
Frequently asked questions
Veer Industries is an active public limited company based in Gujarat, India. The company works in plastic and resins, within the manufacturing industry. It was incorporated on 29 January 1991 (35+ years old) and is registered under CIN U29309GJ1991PLC014983.
Veer Industries has 3 current directors:
- Darshana Tarun Jain - Additional Director
- Tarun Kailashchand Jain - Additional Director
- Ashutosh Kailashchand Jain - Additional Director
The latest financial statements of Veer Industries on record with the MCA are for the year ended 31 March 2011. Its last annual general meeting was held on 30 September 2014. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Veer Industries is U29309GJ1991PLC014983. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Veer Industries has 11 court cases on record: 7 filed by the company and 4 filed against it. 1 is pending. Most are in the high courts.
Veer Industries was incorporated on 29 January 1991, making it 35+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Girdharilal Kothari ceased to be Director on 30 Nov 2010. Jitendra Sarabhai Shah ceased to be Additional Director on 30 Nov 2010. Jitendra Shah ceased to be Director on 30 Nov 2010. Veer Industries has 9 board changes on record in total.
The registered office of Veer Industries is at 505506 Sarvoday Commercialcentre 5th Floor Near G.P.O. Salapas Road Ahmedabad.1., Gujarat, India.
Veer Industries operates in the manufacturing industry, in the plastic and resins segment.
Veer Industries has open charges of ₹38.56 Cr and satisfied charges of ₹48 Lakh as per latest MCA filings.