MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-PB-10-0011013
Veeson Valves Private Limited - machinery and equipment in Jalandhar, Punjab, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹14.89 Cr
▼ 1% YoY
Net profit · FY 2025
₹84.7 Lakh
Net margin 5.7%
EBITDA · FY 2025
₹2.32 Cr
EBITDA margin 15.6%
Authorised capital
₹75 Lakh
Registered with MCA
Paid-up capital
₹37.24 Lakh
Issued & subscribed
Open charges
₹2.54 Cr
Satisfied ₹6 Lakh
Company age
34 yrs
Est. 1992
Employees · EPFO
57
Provident fund records
About Veeson Valves Private Limited
Data last updated:
Veeson Valves Private Limited is a private limited company based in Jalandhar, Punjab, India. It operates in the industrial control valves and systems segment of the machinery and industrial equipment sector. It was incorporated on 08 December 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U27109PB1992PTC012810. Its GSTIN is 03AAACV4443K1ZF (Punjab). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹37.24 Lakh. It is led by directors including Vivek Bhala (Managing Director) and Ashish Bhala.
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 Drp Lane Bulandpur Road, Jalandhar, Punjab, India – 144012.
As per the financials filed for FY 2025, the company reported a revenue of ₹14.89 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹84.7 Lakh (net margin 5.7%) and EBITDA of ₹2.32 Cr (EBITDA margin 15.6%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 8% over five years.
The company has about 57 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.54 Cr and satisfied charges of ₹6 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company.
Veeson Valves Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-PB-10-0011013). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website drpgroup.in.
Company details
CIN U27109PB1992PTC012810
Registration Number 012810
Incorporation Date 08 December 1992
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-PB-10-0011013
Recognitions & Rankings of Veeson Valves
Contact details
Veeson Valves Private Limited's registered office is in Jalandhar, Punjab. Its website is drpgroup.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressDrp Lane Bulandpur Road, Jalandhar, Punjab, India – 144012
- IndustryMachinery and Equipment, Industrial Control Valves & Systems
To see the full contact details of Veeson Valves Private Limited, buy the company report.
Comprehensive company report
Veeson Valves Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Veeson Valves is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Veeson Valves Private Limited, buy the company report.
Financials of Veeson Valves Private Limited
FY 2024 filings availableVeeson Valves Private Limited reported revenue of ₹14.89 Cr (down 1% YoY) for FY 2025.
Revenue · FY 2025
₹14.89 Cr ▼ 1%
Net profit · FY 2025
₹84.7 Lakh margin 5.7%
EBITDA · FY 2025
₹2.32 Cr margin 15.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 1%
3 years · compounded
▲ 7%
5 years · compounded
▲ 8%
EBITDA CAGR growth
1 year
▲ 4%
3 years · compounded
▲ 8%
5 years · compounded
▲ 7%
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA rose 4% 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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| Total Expenses | |||||
| EBITDA | ₹2.32 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹84.7 Lakh | ||||
| Balance Sheet | |||||
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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 | 15.6% | ||||
| Net Profit Margin | 5.7% | ||||
| Return on Equity (ROE) | |||||
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| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Veeson Valves Private Limited, buy the company report.
Board of directors of Veeson Valves Private Limited
Veeson Valves has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vivek Bhala | Managing Director | 01 May 2008 | 18 Years 5 Months | Current |
| Ashish Bhala | Director | 01 Apr 2024 | 2 Years 6 Months | Current |
| Gopal Sharan Bhala | Director | 01 Apr 2024 | 2 Years 6 Months | Current |
Auditor
Veeson Valves Private Limited is audited by V.P. VIJH & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V.P. VIJH & CO | FY 2023 | 001248N |
Shareholding
The shareholding of Veeson Valves 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 Veeson Valves Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2.54 Cr
Satisfied charges
₹6 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Mar 2018 | 100167916 | Others | ₹29 Lakh | Open | |
| 21 Jul 2015 | 10582328 | Punjab National Bank | ₹12 Lakh | Open | |
| 29 Jun 2013 | 10441365 | Punjab National Bank | ₹1 Cr | Open | |
| 07 Jan 2013 | 10403861 | Punjab National Bank | ₹12 Lakh | Open | |
| 28 Feb 2011 | 10277258 | Punjab National Bank | ₹11 Lakh | Open |
To see the full charge records of Veeson Valves Private Limited, buy the company report.
Total charge records: 12 View all charges
Legal cases
Veeson Valves Private Limited has 1 court case on record: 1 filed by Veeson Valves. All case is disposed.
Total cases
1
Filed by the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jalandhar, Punjab | Cheque dishonour complaint | Filed by the company against Bharat Precision Instruments Co | Disposed |
To see the full case history of Veeson Valves 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
Veeson Valves Private Limited has 11 MSME Form 1 returns on record between 2019 and 2023, listing 197 overdue payments to 9 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 9)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| M/S. Mohan Box Factory | |||
| M/S Lakshmi Art Press | |||
| Crystal Cast Private Limited | |||
| M/S Sembhi Enterprises | |||
| an individual supplier |
To see the full MSME payment records of Veeson Valves Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Veeson Valves Private Limited has a workforce of 57 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
57
Active EPFO establishments
1
Employee growth
-13.64%
GST
Veeson Valves has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAACV4443K1ZF | Punjab | Active | 01 Jul 2017 |
| 03AAACV4443K1DO | Punjab | Active | 05 Nov 2024 |
To see the full GST registrations and return filing status of Veeson Valves Private Limited, buy the company report.
Recent activity
Veeson Valves Private Limited has 7 board changes on record since 2008: 3 appointments and 4 cessations. The latest: Ashish Bhala was appointed as Director on 01 Apr 2024.
AGM
Veeson Valves Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Appointed
Ashish Bhala was appointed as Director.
Ceased
Desh Bandu ceased to be Director.
Appointed
Gopal Sharan Bhala was appointed as Director.
Ceased
Lalit Kaplish ceased to be Director.
Filing
Veeson Valves Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
Charges
A charge with Others amounted to Rs. 29.00 Lakh with Charge ID 100167916 was registered on 12 Mar 2018.
Charges
A charge with Punjab National Bank of Rs. 60.00 Lakh registered on 07 Apr 2006 with Charge ID 80045774 was modified on 15 Jan 2016.
Charges
A charge with Punjab National Bank amounted to Rs. 12.00 Lakh with Charge ID 10582328 was registered on 21 Jul 2015.
Charges
A charge with Punjab National Bank amounted to Rs. 100.00 Lakh with Charge ID 10441365 was registered on 29 Jun 2013.
Charges
A charge with Punjab National Bank amounted to Rs. 12.00 Lakh with Charge ID 10403861 was registered on 07 Jan 2013.
Charges
A charge with Punjab National Bank amounted to Rs. 11.00 Lakh with Charge ID 10277258 was registered on 28 Feb 2011.
14 earlier events are in the company report.
Frequently asked questions
Veeson Valves is an active private limited company based in Jalandhar, Punjab, India. The company works in industrial control valves and systems, within the machinery and equipment industry. It was incorporated on 08 December 1992 (34+ years old) and is registered under CIN U27109PB1992PTC012810.
Veeson Valves has 3 current directors:
- Vivek Bhala - Managing Director
- Ashish Bhala - Director
- Gopal Sharan Bhala - Director
The latest financial statements of Veeson Valves 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 2015 are in the company report.
The GSTIN of Veeson Valves is 03AAACV4443K1ZF, registered in Punjab. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 03AAACV4443K1DO (Punjab).
The CIN (Corporate Identification Number) of Veeson Valves is U27109PB1992PTC012810. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Veeson Valves has 1 court case on record: 1 filed by the company.
Veeson Valves was incorporated on 08 December 1992, making it 34+ years old. It is registered with the Registrar of Companies, Chandigarh.
Ashish Bhala was appointed as Director on 01 Apr 2024. Desh Bandu ceased to be Director on 01 Apr 2024. Gopal Sharan Bhala was appointed as Director on 01 Apr 2024. Veeson Valves has 7 board changes on record in total.
Yes, Veeson Valves is registered as an MSME under Udyam registration (number: UDYAM-PB-10-0011013).
Veeson Valves has 11 MSME Form 1 returns on record between 2019 and 2023, listing 197 overdue payments to 9 micro and small suppliers. The latest return was filed on 31 Aug 2023.
Veeson Valves can be reached through the website drpgroup.in. Its registered office is in Jalandhar, Punjab, India.