Veerashree Industries Private Limited
About Veerashree Industries Private Limited
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Veerashree Industries Private Limited is a private limited company based in Mysore, Karnataka, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 23 January 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2017PTC099373. Its GSTIN is 29AAFCV7701F1Z8 (Karnataka).
The company has an authorised share capital of ₹65 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors Shilpa Bhagavan (Managing Director) and Bhagavan Mylanahalli Nanjappa.
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 No 28/A Hale Mananda Vadi Road Srirampura 2nd Stage, Mysore, Karnataka, India – 570023.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.84 Cr, a growth of 22% compared to the previous year. For the same year it recorded a net profit of ₹1.39 Lakh (net margin 0.2%) and EBITDA of ₹62.22 Lakh (EBITDA margin 9.1%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 21% over five years.
As per MCA filings, the company has open charges of ₹1.38 Cr and satisfied charges of ₹1.38 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Veerashree Industries Private Limited's registered office is in Mysore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo 28/A Hale Mananda Vadi Road Srirampura 2nd Stage, Mysore, Karnataka, India – 570023
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of Veerashree Industries 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
Business activity
The main business activity of Veerashree Industries is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Veerashree Industries Private Limited, buy the company report.
Financials of Veerashree Industries Private Limited
FY 2024 filings availableVeerashree Industries Private Limited reported revenue of ₹6.84 Cr (up 22% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 21% over five years, including 22% growth in the latest year. EBITDA rose 17% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹62.22 Lakh | ||||
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| Net Profit (PAT) | ₹1.39 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.1% | ||||
| Net Profit Margin | 0.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Veerashree Industries Private Limited, buy the company report.
Board of directors of Veerashree Industries Private Limited
Veerashree Industries has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shilpa Bhagavan | Managing Director | 23 Jan 2017 | 9 Years 9 Months | Current |
| Bhagavan Mylanahalli Nanjappa | Director | 23 Jan 2017 | 9 Years 9 Months | Current |
Peer comparison
Veerashree Industries Private Limited is compared with the 7 companies closest to it by revenue in the Manufacturing industry (Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shanti Ganga Plasto Packs Private Limited | ₹6.85 Cr (FY 2025) | -15.0% | Hyderabad, Telangana, India | |||
| J. I. Polyfab Private Limited | ₹6.85 Cr (FY 2024) | -20.0% | Satara, Maharashtra, India | |||
| Graphipackss Private Limited | ₹6.84 Cr (FY 2024) | -38.0% | Madurai, Tamil Nadu, India | |||
| Paresh Plastics Pvt Ltd | ₹6.84 Cr (FY 2025) | 1.0% | Mumbai, Maharashtra, India | |||
| Veerashree Industries Private Limitedthis company | ₹6.84 Cr (FY 2025) | ₹1.39 Lakh | 0.2% | 22.0% | Mysore, Karnataka, India | |
| Indigo Plast India Private Limited | ₹6.82 Cr (FY 2025) | 5.0% | Ghaziabad, Uttar Pradesh, India | |||
| Upm Heat Shrink India Private Limited | ₹6.82 Cr (FY 2025) | 11.0% | Mumbai, Maharashtra, India | |||
| Burad International Private Limited | ₹6.8 Cr (FY 2025) | -8.0% | Delhi, India |
To see the full peer comparison of Veerashree Industries Private Limited, buy the company report.
Auditor
Veerashree Industries Private Limited is audited by SRINIVAS K. & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SRINIVAS K. & ASSOCIATES | FY 2023 | 230909 |
Shareholding
The shareholding of Veerashree Industries 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 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Veerashree Industries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Jan 2021 | 100409924 | Karnataka State Financial Corporation | ₹70 Lakh | Satisfied | |
| 04 Dec 2019 | 100306360 | Karnataka State Financial Corporation | ₹68 Lakh | Satisfied |
To see the full charge records of Veerashree Industries Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Veerashree Industries Private Limited has 1 court case on record: 1 filed by Veerashree Industries. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Krishnagiri, Tamil Nadu | Criminal miscellaneous application | Filed by the company against The Supreme Industries Limited | Pending |
To see the full case history of Veerashree Industries 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
No delayed payments to MSME suppliers are on our record for Veerashree Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Veerashree Industries has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCV7701F1Z8 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Veerashree Industries Private Limited, buy the company report.
Recent activity
Veerashree Industries Private Limited has 4 board changes on record since 2017: 2 appointments and 2 cessations. The latest: Neeraj Kavan Chakshu ceased to be Director on 07 Nov 2019.
Frequently asked questions
Veerashree Industries is an active private limited company based in Mysore, Karnataka, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 23 January 2017 (9+ years old) and is registered under CIN U74999KA2017PTC099373.
Veerashree Industries has 2 current directors:
- Shilpa Bhagavan - Managing Director
- Bhagavan Mylanahalli Nanjappa - Director
The latest financial statements of Veerashree Industries 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 FY 2017 are in the company report.
The GSTIN of Veerashree Industries is 29AAFCV7701F1Z8, registered in Karnataka.
The CIN (Corporate Identification Number) of Veerashree Industries is U74999KA2017PTC099373. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Veerashree Industries has 1 court case on record: 1 filed by the company. 1 is pending.
Veerashree Industries was incorporated on 23 January 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Veerashree Industries by revenue are Shanti Ganga Plasto Packs Private Limited, J. I. Polyfab Private Limited, Graphipackss Private Limited, Paresh Plastics Pvt Ltd, Indigo Plast India Private Limited and 2 more, all in the Manufacturing industry (Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Neeraj Kavan Chakshu ceased to be Director on 07 Nov 2019. Shilpa Bhagavan ceased to be Director on 20 Nov 2018. Bhagavan Mylanahalli Nanjappa was appointed as Director on 23 Jan 2017. Veerashree Industries has 4 board changes on record in total.
The registered office of Veerashree Industries is at No 28A Hale Mananda Vadi Road Srirampura 2nd Stage, Mysore, Karnataka, India – 570023.
Veerashree Industries operates in the manufacturing industry, in the plastic-based products segment.
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