About Veercare Enterprise LLP
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Veercare Enterprise LLP is a limited liability partnership (LLP) based in Vadodara, Gujarat, India, recognised as a startup by DPIIT. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 24 November 2016 and has been in existence for over 10 years.
The LLP is registered with the Registrar of Companies (ROC), Ahmedabad, under LLPIN AAH-8780. Its GSTIN is 24AAOFV4557F1ZV (Gujarat).
The LLP has a total obligation of contribution of ₹1 Lakh. It is led by designated partners Viraj Chitnis and Shital Viraj Chitnis.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at 01 Jayanti Nagar Behind Kalpvruksh Complex Near T. B. Hospital Gotri Road, Vadodara, Gujarat, India – 390023.
As per the financials filed for FY 2021, the LLP reported a revenue of ₹75.79 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹13.12 Lakh (net margin 17.3%) and EBITDA of ₹75.67 Lakh (EBITDA margin 99.8%).
For more details, the LLP can be reached via its website veercare.com.
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- Registered Address01 Jayanti Nagar Behind Kalpvruksh Complex Near T. B. Hospital Gotri Road, Vadodara, Gujarat, India – 390023
- IndustryPharma, Pharmaceutical Retailers & Distributors
- 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
- One PDF report, delivered after checkout
Financials of Veercare Enterprise LLP FY 2025 filings available
Veercare Enterprise LLP reported revenue of ₹75.79 Lakh (up 175% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Veercare Enterprise LLP
Revenue rose 175% in the latest year. EBITDA rose 190% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Veercare Enterprise LLP
| Statement of Account and Solvency | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Income | ₹75.79 Lakh | •••• | •••• | •••• | •••• |
| Purchases and Direct Costs | •••• | •••• | •••• | •••• | •••• |
| Personnel Expenses | •••• | •••• | •••• | •••• | •••• |
| Administrative Expenses | •••• | •••• | •••• | •••• | •••• |
| Interest | •••• | •••• | •••• | •••• | •••• |
| Depreciation | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax | •••• | •••• | •••• | •••• | •••• |
| Profit After Tax | ₹13.12 Lakh | •••• | •••• | •••• | •••• |
| Profit Transferred to Partners | •••• | •••• | •••• | •••• | •••• |
| Assets and Liabilities | |||||
| Partners' Contribution | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Secured Loans | •••• | •••• | •••• | •••• | •••• |
| Unsecured Loans | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Other Liabilities and Provisions | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Loans and Advances | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Veercare Enterprise LLP
| Statement of Account and Solvency | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | 17.3% | •••• | •••• | •••• | •••• |
| Return on Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Return on Assets | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt to Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Turnover Growth | •••• | •••• | •••• | •••• | •••• |
| Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form 8. The full year-wise statements and ratios of Veercare Enterprise are in the company report.
Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
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Auditor Details of Veercare Enterprise LLP
Auditor information for Veercare Enterprise LLP provides details about the firm responsible for auditing the company's financial statements and ensuring compliance with regulatory requirements.
Designated Partners of Veercare Enterprise LLP
Veercare Enterprise has 2 current designated partners and 1 former designated partner. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Viraj Chitnis Also directs: JV Petrochem Private Limited | Designated Partner | 29 Sep 2023 | 3 Years 0 Months | Current |
| Shital Viraj Chitnis Also directs: JV Petrochem Private Limited | Designated Partner | 24 Nov 2016 | 9 Years 10 Months | Current |
Ownership and Shareholding of Veercare Enterprise LLP
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
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Charges & Borrowings of Veercare Enterprise LLP
Veercare Enterprise LLP does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Veercare Enterprise LLP
Employment history and EPFO contributions of people linked to Veercare Enterprise.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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Recent Activity on Veercare Enterprise LLP
Veercare Enterprise LLP has 3 designated partner changes on record since 2016: 2 appointments and 1 cessation. The latest: Viraj Chitnis was appointed as Designated Partner on 29 Sep 2023.
Credit Ratings, Litigation & Regulatory Alerts for Veercare Enterprise LLP
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Veercare Enterprise LLP
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Veercare Enterprise LLP
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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GST Compliance of Veercare Enterprise LLP
Veercare Enterprise has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAOFV4557F1ZV | Gujarat | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Veercare Enterprise LLP
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Veercare Enterprise LLP
Veercare Enterprise is an active limited liability partnership based in Vadodara, Gujarat, India. The LLP works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 24 November 2016 (10+ years old) and is registered under LLPIN AAH-8780.
Veercare Enterprise reported revenue of ₹75.79 Lakh for FY 2021 (up 175% YoY).
Veercare Enterprise has 2 current designated partners:
- Viraj Chitnis - Designated Partner
- Shital Viraj Chitnis - Designated Partner
Veercare Enterprise reported a net profit of ₹13.12 Lakh (net margin 17.3%) and EBITDA of ₹75.67 Lakh (EBITDA margin 99.8%) for FY 2021, as per its filed financial statements.
The GSTIN of Veercare Enterprise is 24AAOFV4557F1ZV, registered in Gujarat.
The LLPIN (Limited Liability Partnership Identification Number) of Veercare Enterprise is AAH-8780. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Veercare Enterprise was incorporated on 24 November 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Viraj Chitnis was appointed as Designated Partner on 29 Sep 2023. Chandrakant Achyut Chitnis ceased to be Designated Partner on 11 Jun 2023. Shital Viraj Chitnis was appointed as Designated Partner on 24 Nov 2016.
Yes, Veercare Enterprise is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Veercare Enterprise can be reached through the website veercare.com. Its registered office is in Vadodara, Gujarat, India.