Veet Rag Exploration & Minerals Private Limited - Company Profile

It is a metals and minerals private limited company based in Nagpur, Maharashtra, India, established in 2000.
2000 Nagpur, Maharashtra, India Active
Last Updated:
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About Veet Rag Exploration & Minerals Private Limited

Veet Rag Exploration & Minerals Private Limited, a active private limited company, was established on 20 September 2000 in Nagpur, Maharashtra, India. Engaging in mining & mineral extraction within the mining and quarrying sector, it holds CIN: U45200MH2000PTC128791. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹0.50 M and a paid-up capital of ₹0.10 M.

Formerly known as Veet Rag Homes Private Limited. It upholds a compliant status. Employing 5 professional, Its leadership includes Chetan Kumar Jain (Director), Smarajit Dey (Managing Director), Praveen Kumar Jain (Director). Past directors included Yogeshkumar Umashankarji Saraf, Amit Kedarnath Somani, Pradyumna Prabhakar Paranjape. It holds no open charges and ₹35.00 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2024. It is based at 267 Ganesh Phadnavis Bhawanopp Triangular Park Dharampeth, Nagpur, Maharashtra, 440010.

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

    U45200MH2000PTC128791

  • Registration Number

    128791

  • Incorporation Date

    20 September 2000

  • Authorized Capital

    ₹0.50 M

  • Paid-Up Capital

    ₹0.10 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 25 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 35.00 Cr
  • Revenue Growth **** 3914.52%
  • Profit Growth **** 63.87%
  • Ebitda **** 53.68%
  • Net Worth -6.73%
  • Total Assets **** 49.29%
Company report

Veet Rag Exploration & Minerals Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Veet Rag Exploration & Minerals 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 Veet Rag Exploration & Minerals Private Limited?
Current Directors
Name Designation Appointment Date Status
Chetan Kumar Jain Director 26 Sep 2023 Current
Smarajit Dey Managing Director 06 May 2024 Current
Praveen Kumar Jain Director 13 Feb 2025 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 31 Jan 2017 Past
Pramod Abcsdd Additional Director 15 Sep 2018 Past
Pramod Abcsdd Additional Director 26 Sep 2023 Past
Pramod Abcsdd Additional Director 29 Sep 2023 Past
Pramod Abcsdd Additional Director 30 Sep 2019 Past
Pramod Abcsdd Additional Director 28 Aug 2023 Past

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Financial Performance of Veet Rag Exploration & Minerals.

Veet Rag Exploration & Minerals Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 3914.52% increase. The company also saw a substantial improvement in profitability, with a 63.87% increase in profit. The company's net worth dipped by a decrease of 6.73%.

Veet Rag Exploration & Minerals revenue growth over time
Veet Rag Exploration & Minerals 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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 3914.52%
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Revenue from Operations
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 6412.18%
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Total Assets
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 49.29%
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Profit or Loss
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 63.87%
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Net Worth
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 -6.73%
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EBITDA
*******
 53.68%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Veet Rag Exploration & Minerals?

In 2021, Veet Rag Exploration & Minerals 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

₹350,000,000.00

Charges Breakdown by Lending Institutions
  • Abhyudaya Co-Op. Bank Limited : 35.00 Cr
Latest Charge Details
Date Lender Amount Status
02 Mar 2007 Abhyudaya Co-Op. Bank Limited ₹35.00 Cr Satisfied

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How Many Employees Work at Veet Rag Exploration & Minerals?

Veet Rag Exploration & Minerals has a workforce of 5 employees as of Mar 28, 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 Veet Rag Exploration & Minerals, 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 Veet Rag Exploration & Minerals'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 Veet Rag Exploration & Minerals
Recent Activity within the Organization
  • Annual General Meeting

    The activity Veet Rag Exploration & Minerals Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was completed.

  • Director Appointment

    The activity Praveen Kumar Jain was appointed as a Director was appointed as a Director on 13 Feb 2025 & has been associated with this company since 11 months 18 days . was completed.

  • Director Appointment

    Smarajit Dey was appointed as a Managing Director was appointed as a Managing Director on 06 May 2024 & has been associated with this company since 1 year 8 months . was recorded as a recent event.

  • Balance Sheet

    Progress on Veet Rag Exploration & Minerals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was documented.

  • Director Appointment

    The activity Chetan Kumar Jain was appointed as a Director was appointed as a Director on 26 Sep 2023 & has been associated with this company since 2 years 4 months . was completed.

  • Charges

    Progress on A charge registered on 02 Mar 2007 via Charge ID 10040050 with Abhyudaya Co-Op. Bank Limited was fully satisfied on 20 Dec 2010. was documented.

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Frequently Asked Questions
What is the CIN of Veet Rag Exploration & Minerals Private Limited?

The CIN of Veet Rag Exploration & Minerals Private Limited is U45200MH2000PTC128791.

Where is Veet Rag Exploration & Minerals Private Limited headquartered?

Veet Rag Exploration & Minerals Private Limited is headquartered at 267 Ganesh Phadnavis Bhawanopp Triangular Park Dharampeth, Nagpur, Maharashtra, 440010.

When was Veet Rag Exploration & Minerals Private Limited incorporated?

Veet Rag Exploration & Minerals Private Limited was incorporated on 20 September 2000.

Who are the current directors of Veet Rag Exploration & Minerals Private Limited?

The current directors of Veet Rag Exploration & Minerals Private Limited are

What is the primary industry of Veet Rag Exploration & Minerals Private Limited?

The primary industry of Veet Rag Exploration & Minerals Private Limited is Mining And Quarrying.

Is Veet Rag Exploration & Minerals Private Limited a listed company?

Veet Rag Exploration & Minerals Private Limited is unlisted.

What is the capital structure of Veet Rag Exploration & Minerals Private Limited?

The authorized capital of Veet Rag Exploration & Minerals Private Limited is ₹0.50 M, and the paid-up capital is ₹0.10 M.

What is the compliance status of Veet Rag Exploration & Minerals Private Limited?

The compliance status of Veet Rag Exploration & Minerals Private Limited is Compliant.

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