- Category
- Medium (2024-25)
- Udyam number
- UDYAM-HR-18-0000022

About Veetee Fine Foods Limited
Data last updated:
Veetee Fine Foods Limited is a public limited company based in Sonipat, Haryana, India, a subsidiary of Veetee India Holding Corporation. It operates in the staple foods and grains segment of the food and beverages 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), Delhi, under CIN U15312HR1992PLC034258. Its GSTIN is 06AAACP0658C1ZV (Haryana). The company holds 5 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹80 Cr and a paid-up capital of ₹70.58 Cr. It was formerly known as Picric Limited. It is led by directors including Man Mohan Chander Varma (Managing Director) and Daya Chand.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 56 – 57 K M G T Karnal Road Village Larsouli, Sonipat, Haryana, India – 131001.
As per the financials filed for FY 2025, the company reported a revenue of ₹398.68 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹8.02 Cr (net margin 2%) and EBITDA of ₹15.12 Cr (EBITDA margin 3.8%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 33% over five years.
The company has about 147 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹47 Cr and satisfied charges of ₹987.31 Cr on record. Court records list 31 cases involving the company, including 19 filed by the company and 12 filed against it; 7 cases are pending.
Veetee Fine Foods Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-18-0000022). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website veetee-fine-foods-limited.business.site.
Company details
CIN history
Veetee Fine Foods has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U15312HR1992PLC034258, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U15312HR1992PLC034258 | Current |
| L15312HR1992PLC034258 | Previous |
| U15312HR1999PLC034258 | Previous |
| U15312HR1992PTC034258 | Previous |
Recognitions & Rankings of Veetee Fine Foods
Contact details
Veetee Fine Foods Limited's registered office is in Sonipat, Haryana. Its website is veetee-fine-foods-limited.business.site. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Social Media
- Registered Address56 – 57 K M G T Karnal Road Village Larsouli, Sonipat, Haryana, India – 131001
- IndustryFood and Beverages, Staple Foods & Grains
To see the full contact details of Veetee Fine Foods 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 Veetee Fine Foods is manufacturing. In detail, this covers manufacture of food products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 10 | Manufacture of food products |
To see the full business activity and turnover split of Veetee Fine Foods Limited, buy the company report.
Financials of Veetee Fine Foods Limited
FY 2025 filings availableVeetee Fine Foods Limited reported revenue of ₹398.68 Cr (down 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 4% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 33%. EBITDA rose 8% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹398.68 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹15.12 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹8.02 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.8% | ||||
| Net Profit Margin | 2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Veetee Fine Foods Limited, buy the company report.
Board of directors of Veetee Fine Foods Limited
Veetee Fine Foods has 7 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Man Mohan Chander Varma | Managing Director | 26 Dec 1992 | 33 Years 10 Months | Current |
| Daya Chand | Director | 01 Jan 2016 | 10 Years 10 Months | Current |
| Imran Ahmed Siddiqui | Director | 20 Dec 2018 | 7 Years 10 Months | Current |
| Nirmal Mehta | Director | 20 May 2019 | 7 Years 5 Months | Current |
| Rajesh Goyal | Director | 29 Nov 2019 | 6 Years 11 Months | Current |
| Ajit Kumar Singh | Director | 18 Apr 2023 | 3 Years 6 Months | Current |
Auditor
Veetee Fine Foods Limited is audited by TR Chadha & Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| TR Chadha & Co. LLP | FY 2023 | 006711N/N500028 |
Shareholding
The shareholding of Veetee Fine Foods Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Veetee Fine Foods Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Aug 2025 | 101148542 | Others | ₹20 Cr | Open | |
| 17 Sep 2023 | 100786045 | Yes Bank Limited | ₹10 Cr | Open | |
| 27 Aug 2023 | 100782569 | Yes Bank Limited | ₹17 Cr | Open | |
| 30 Oct 2024 | 101006370 | Others | ₹45 Lakh | Satisfied | |
| 04 Dec 2023 | 100839205 | Others | ₹10 Lakh | Satisfied |
To see the full charge records of Veetee Fine Foods Limited, buy the company report.
Total charge records: 33 View all charges
Legal cases
Veetee Fine Foods Limited has 31 court cases on record: 19 filed by Veetee Fine Foods, 12 filed against it. 7 cases are pending and 24 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 17 | 5 | 6 |
| District courts | 12 | 6 | 1 |
| Supreme Court | 2 | 1 | 0 |
Cases on record (5 of 31)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Sonepat, Haryana | Civil suit | Filed by the company against Supa Star Foods Pvt. Ltd. | Pending |
| District court, Sonepat, Haryana | Commercial suit | Filed by the company against Lalitha Food Tech Pvt. Ltd. | Disposed |
| High Court of Delhi | Tax appeal | Filed against the company by PR. Commissioner of Income Tax -7 | Pending |
| High Court of Delhi | Commercial suit | Filed by the company against Punjab National Bank & Others | Pending |
| High Court of Delhi | Court case (CUSAA) | Filed by the company against The Commissioner, Customs & Central Excise, Delhi-Iii | Pending |
To see the full case history of Veetee Fine Foods 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
Veetee Fine Foods Limited has 6 MSME Form 1 returns on record between 2020 and 2023, listing 51 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 |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Golden Rolls Private Limited | |||
| an individual supplier | |||
| Enviro Greentech Consultants |
To see the full MSME payment records of Veetee Fine Foods Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Veetee Fine Foods Limited has a workforce of 147 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 147 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 |
To see the full employee and EPFO history of Veetee Fine Foods Limited, buy the company report.
GST
Veetee Fine Foods has 5 GST registrations: 2 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAACP0658C1ZV | Haryana | Active | 01 Jul 2017 |
| 23AAACP0658C1ZZ | Madhya Pradesh | Active | 29 Nov 2020 |
To see the full GST registrations and return filing status of Veetee Fine Foods Limited, buy the company report.
Recent activity
Veetee Fine Foods Limited has 33 board changes on record since 1992: 20 appointments and 13 cessations. The latest: Priya Tandon was appointed as Additional Director on 16 Jun 2025.
102 earlier events are in the company report.
Frequently asked questions
Veetee Fine Foods is an active public limited company based in Sonipat, Haryana, India. The company works in staple foods and grains, within the food and beverages industry. It was incorporated on 08 December 1992 (34+ years old) and is registered under CIN U15312HR1992PLC034258.
Veetee Fine Foods has 7 current directors:
- Man Mohan Chander Varma - Managing Director
- Daya Chand - Director
- Imran Ahmed Siddiqui - Director
- Nirmal Mehta - Director
- Rajesh Goyal - Director
- Ajit Kumar Singh - Director
- Priya Tandon - Additional Director
The latest financial statements of Veetee Fine Foods on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Veetee Fine Foods is 06AAACP0658C1ZV, registered in Haryana. The company has 5 GST registrations in all, of which 2 are active and 3 are cancelled or inactive. Other active GSTINs include 23AAACP0658C1ZZ (Madhya Pradesh).
The CIN (Corporate Identification Number) of Veetee Fine Foods is U15312HR1992PLC034258. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Veetee Fine Foods has 31 court cases on record: 19 filed by the company and 12 filed against it. 7 are pending. Most are in the high courts.
Veetee Fine Foods was incorporated on 08 December 1992, making it 34+ years old. It is registered with the Registrar of Companies, Delhi.
Priya Tandon was appointed as Additional Director on 16 Jun 2025. Sudeep Tandon ceased to be Director on 15 Jun 2025. Ajit Kumar Singh was appointed as Director on 18 Apr 2023. Veetee Fine Foods has 33 board changes on record in total.
Yes, Veetee Fine Foods is registered as a medium enterprise under Udyam registration (number: UDYAM-HR-18-0000022).
Veetee Fine Foods has 6 MSME Form 1 returns on record between 2020 and 2023, listing 51 overdue payments to 9 micro and small suppliers. The latest return was filed on 31 Aug 2023.
Veetee Fine Foods can be reached through the website veetee-fine-foods-limited.business.site. Its registered office is in Sonipat, Haryana, India.

