Veer-O-Metals Profile
Key Indicators
- Authorised Capital ₹ 2.10 Cr
- Paid Up Capital ₹ 1.05 Cr
- Company Age 23 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 199.52 Cr
- Satisfied Charges ₹ 33.66 Cr
- Revenue Growth 25.10%
- Profit Growth 93.73%
- Ebitda 112.00%
- Net Worth 17.19%
- Total Assets 20.70%
About Veer-O-Metals
Veer-O-Metals Private Limited (VPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 24 October 2001 and has a history of 23 years and five months. Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the Machinery And Equipment Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 2.10 Cr and a paid-up capital of Rs 1.05 Cr.
The company currently has active open charges totaling ₹199.52 Cr. The company has closed loans amounting to ₹33.66 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sham Sunder, Praneet Kumar, Viswadharini Kumar, and Two other members serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U30009KA2001PTC029692
- Company No.
029692
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
24 Oct 2001
- Date of AGM
27 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Machinery and Equipment
What products or services does Veer-O-Metals Private Limited offer?
Veer-O-Metals Private Limited offers a wide range of products and services, including Hydraulic Jacks, Lifts & Winches, Hydraulic Jacks, Water Treatment & Purification Plant, Water Purification Plants, Computer Hardware & Peripherals, Monitor Accessories, Computer Accessories, Garment & Textile Industrial Tools, Spinning Production Monitoring System, Enclosures & Cabinets.
Veer-O-Metals Private Limited
Explore comprehensive data for Veer-O-Metals Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Veer-O-Metals?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Praneet Kumar  | Managing Director | 24-Oct-2001 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sham Sunder | Whole-Time Director | 24-Oct-2001 | Current |
| Viswadharini Kumar | Whole-Time Director | 01-Apr-2005 | Current |
| Vaneet Sunder | Whole-Time Director | 01-Apr-2005 | Current |
| Aarti Shamsunder | Whole-Time Director | 16-Dec-2019 | Current |
Financial Performance of Veer-O-Metals.
Veer-O-Metals Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 25.1% increase. The company also saw a substantial improvement in profitability, with a 93.73% increase in profit. The company's net worth Soared by an impressive increase of 17.19%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Veer-O-Metals?
In 2023, Veer-O-Metals had a promoter holding of 90.00% and a public holding of 10.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Shree Hari Precision Products Private Limited
Sham Sunder, Praneet Kumar and 1 more are mutual person
Garg Associates Private LimitedPraneet Kumar is a mutual person
Charges (Loans)
Open Charges
₹199.52 Cr
Satisfied Charges
₹33.66 Cr
Charges Breakdown by Lending Institutions
- Citi Bank N.A. : 101.40 Cr
- State Bank Of India : 95.67 Cr
- Hdfc Bank Limited : 2.45 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Jul 2024 | Citi Bank N.A. | ₹26.00 Cr | Open |
| 06 Nov 2023 | Hdfc Bank Limited | ₹1.20 M | Open |
| 19 Oct 2023 | Hdfc Bank Limited | ₹1.24 M | Open |
| 16 Sep 2023 | Hdfc Bank Limited | ₹1.10 M | Open |
| 28 Aug 2023 | Hdfc Bank Limited | ₹9.29 M | Open |
How Many Employees Work at Veer-O-Metals?
Veer-O-Metals has a workforce of 325 employees as of Apr 02, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Veer-O-Metals, 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 Veer-O-Metals's trajectory.
Rating
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
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.
Latest Updates, News, and FAQs on Veer-O-Metals
Recent activity within the organization
- Annual General Meeting
Veer-O-Metals Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.
- Charges
A charge with State Bank Of India of Rs. 95.67 Cr registered on 27 Dec 2001 with Charge ID 90195606 was modified on 25 Sep 2024.
- Charges
A charge with Citi Bank N.A. amounted to Rs. 26.00 Cr with Charge ID 100958109 was registered on 22 Jul 2024.
- Charges
A charge with Citi Bank N.A. of Rs. 45.00 Cr registered on 12 Sep 2011 with Charge ID 10315688 was modified on 22 Jul 2024.
- Charges
A charge registered on 25 Sep 2019 via Charge ID 100296565 with Others was fully satisfied on 11 Jul 2024.
- Charges
A charge registered on 27 Feb 2018 via Charge ID 100164064 with Citi Bank N.A. was fully satisfied on 11 Jul 2024.
Frequently asked questions
What is the Incorporation or founding date of Veer-O-Metals Private Limited?
Veer-O-Metals Private Limited was incorporated on 24 Oct 2001.
What is authorized share capital and paid-up capital of Veer-O-Metals Private Limited?
The authorized share capital of Veer-O-Metals Private Limited is ₹ 2.10 Cr and paid-up capital is ₹ 1.05 Cr.
Who are the current board members & directors of Veer-O-Metals Private Limited?
Currently 5 directors are associated with Veer-O-Metals Private Limited.
- Sham Sunder
- Praneet Kumar
- Viswadharini Kumar
- Vaneet Sham Sunder
- Aarti Vaneet Shamsunder
What is the registered address of Veer-O-Metals Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Veer-O-Metals Private Limited is A-02 Bel Industrial Estate Jalahalli, India, Bangalore., Karnataka, 560013.
What is the corporate identification number (CIN) and company number of Veer-O-Metals Private Limited?
The corporate identification number (CIN) of Veer-O-Metals Private Limited is U30009KA2001PTC029692 and the company number is 029692 as per Ministry of Corporate Affairs (MCA).
What is the official website of Veer-O-Metals Private Limited?
The Official website of Veer-O-Metals Private Limited is https://www.veerometals.com
What has been the recent revenue trend for Veer-O-Metals Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Veer-O-Metals Private Limited has risen by 25.10%.
How many employees does Veer-O-Metals Private Limited currently have?
As Per 2023 financial reports, 325 employees are currently employed by Veer-O-Metals Private Limited.
What change has been observed in the net worth of Veer-O-Metals Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Veer-O-Metals Private Limited has experienced an upsurge of 17.19%.
What are the total open charges for Veer-O-Metals Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Veer-O-Metals Private Limited amount to ₹ 199.52 Cr.
When was the last Balance Sheet of Veer-O-Metals Private Limited filed with the ROC?
The most recent Balance Sheet for Veer-O-Metals Private Limited was filed with the ROC on 31 Mar 2024.
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