Veeral Additives Private Limited - Company Profile

It is a manufacturing private limited company based in Mumbai, Maharashtra, India, established in 2007.
2007 Mumbai, Maharashtra, India Amalgamated
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About Veeral Additives Private Limited

Veeral Additives Private Limited, a amalgamated private limited company, was established on 20 September 2007 in Mumbai, Maharashtra, India. Engaging in plastic & resins within the manufacturing sector, it holds CIN: U24100MH2007PTC174331. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹45.00 Cr and a paid-up capital of ₹45.00 Cr.

Formerly known as Mody Speciality Fine Chemicals Private Limited, Alpha Kooltherm Private Limited. It upholds a compliant status. Employing 199 professional, Its leadership includes Vinati Saraf Mutreja (Director), Jayesh Ajitkumar Ashar (Director), Vinod Banwarilal Saraf (Director). Past directors included Bhavesh Navinchandra Mody, Ravi Dube, Sudhir Kumar Sinha. It holds no open charges and ₹114.10 Cr settled loans. Its latest AGM occurred on 30 September 2023, with the balance sheet filed on 31 March 2023. It is based at Parineecrescenzo,11Thfloor,1102,Gblock,Plotno.C-38&C-39,Bandrakurlacomplex, ,Bandra E, Mumbai, Maharashtra, 400051.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U24100MH2007PTC174331

  • Registration Number

    174331

  • Incorporation Date

    20 September 2007

  • Authorized Capital

    ₹45.00 Cr

  • Paid-Up Capital

    ₹45.00 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Amalgamated

Key Metrics
  • Authorised Capital ₹ 45.00 Cr
  • Paid Up Capital ₹ 45.00 Cr
  • Company Age 18 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 114.10 Cr
  • Revenue Growth **** 2360.61%
  • Profit Growth **** -6204.03%
  • Ebitda **** -4648.79%
  • Net Worth -74.96%
  • Total Assets **** 26.08%
Company report

Veeral Additives Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

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

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Who are the key members and board of directors at Veeral Additives Private Limited?
Current Directors
Name Designation Appointment Date Status
Vinati Saraf Mutreja Director 15 Nov 2017 Current
Jayesh Ajitkumar Ashar Director 29 Jan 2021 Current
Vinod Banwarilal Saraf Director 15 Nov 2017 Current
Parshant Mittal Director 15 Nov 2017 Current
Viral Mittal Saraf Director 15 Nov 2017 Current
Suhas Krishna Pai Company Secretary 05 Sep 2018 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 23 Nov 2017 Past
Pramod Abcsdd Additional Director 07 Jul 2010 Past
Pramod Abcsdd Director 25 Apr 2011 Past
Pramod Abcsdd Director 31 Jul 2012 Past
Pramod Abcsdd Additional Director 17 Sep 2021 Past
Pramod Abcsdd Director 31 Jul 2012 Past

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Financial Performance of Veeral Additives.

Veeral Additives Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 2360.61% increase. The company also saw a substantial fall in profitability, with a 6204.03% decrease in profit. The company's net worth observed a substantial decline by a decrease of 74.96%.

Veeral Additives revenue growth over time
Veeral Additives profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
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 2360.61%
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Revenue from Operations
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 2340.34%
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Total Assets
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 26.08%
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*******
Profit or Loss
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 -6204.03%
*******
*******
*******
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Net Worth
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 -74.96%
*******
*******
*******
*******
EBITDA
*******
 -4648.79%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Veeral Additives?

In 2023, Veeral Additives had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹0

Satisfied Charges

₹1,141,000,000.00

Charges Breakdown by Lending Institutions
  • Hdfc Bank Limited : 84.10 Cr
  • Axis Bank Limited : 30.00 Cr
Latest Charge Details
Date Lender Amount Status
15 Jun 2020 Hdfc Bank Limited ₹16.10 Cr Satisfied
18 Feb 2019 Axis Bank Limited ₹30.00 Cr Satisfied
19 Jan 2019 Hdfc Bank Limited ₹68.00 Cr Satisfied

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How Many Employees Work at Veeral Additives?

Veeral Additives has a workforce of 199 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Veeral Additives, 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 Veeral Additives'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.

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Latest Updates, News, and FAQs on Veeral Additives
Recent Activity within the Organization
  • Annual General Meeting

    Veeral Additives Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Progress on Veeral Additives Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai. was documented.

  • Charges

    A charge registered on 19 Jan 2019 via Charge ID 100237363 with Hdfc Bank Limited was fully satisfied on 15 Jul 2021. was recorded as a recent event.

  • Charges

    The activity A charge registered on 15 Jun 2020 via Charge ID 100347506 with Hdfc Bank Limited was fully satisfied on 09 Apr 2021. was completed.

  • Director Appointment

    Jayesh Ajitkumar Ashar was appointed as a Director was appointed as a Director on 29 Jan 2021 & has been associated with this company since 5 years 11 days . was recorded as a recent event.

  • Charges

    Progress on A charge registered on 18 Feb 2019 via Charge ID 100240638 with Axis Bank Limited was fully satisfied on 11 Jan 2021. was documented.

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Frequently Asked Questions
What is the CIN of Veeral Additives Private Limited?

The CIN of Veeral Additives Private Limited is U24100MH2007PTC174331.

Where is Veeral Additives Private Limited headquartered?

Veeral Additives Private Limited is headquartered at Parineecrescenzo,11Thfloor,1102,Gblock,Plotno.C-38&C-39,Bandrakurlacomplex, ,Bandra E, Mumbai, Maharashtra, 400051.

When was Veeral Additives Private Limited incorporated?

Veeral Additives Private Limited was incorporated on 20 September 2007.

Who are the current directors of Veeral Additives Private Limited?

The current directors of Veeral Additives Private Limited are

What is the primary industry of Veeral Additives Private Limited?

The primary industry of Veeral Additives Private Limited is Manufacturing.

Is Veeral Additives Private Limited a listed company?

Veeral Additives Private Limited is unlisted.

What is the capital structure of Veeral Additives Private Limited?

The authorized capital of Veeral Additives Private Limited is ₹45.00 Cr, and the paid-up capital is ₹45.00 Cr.

What is the compliance status of Veeral Additives Private Limited?

The compliance status of Veeral Additives Private Limited is Compliant.

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