MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-HR-14-0004785
Veeto Velvets Private Limited
Veeto Velvets Private Limited - manufacturing in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹12.95 Cr
▼ 39% YoY
Net profit · FY 2023
₹4.48 Lakh
Net margin 0.3%
EBITDA · FY 2023
₹26.93 Lakh
EBITDA margin 2.1%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹42.26 Lakh
Issued & subscribed
Open charges
₹23 Lakh
Satisfied ₹3.2 Cr
Company age
19 yrs
Est. 2007
Employees · EPFO
7
Provident fund records
About Veeto Velvets Private Limited
Data last updated:
Veeto Velvets Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 09 March 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U18105DL2007PTC160375. Its GSTIN is 06AACCV4535A1ZR (Haryana).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹42.26 Lakh. It is led by directors Nitish Saluja and Sunita Saluja.
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 379 Majsid Mor South Extension Part – II, New Delhi, Delhi, India – 110049.
As per the financials filed for FY 2023, the company reported a revenue of ₹12.95 Cr, a decline of 39% compared to the previous year. For the same year it recorded a net profit of ₹4.48 Lakh (net margin 0.3%) and EBITDA of ₹26.93 Lakh (EBITDA margin 2.1%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 1% over five years.
The company has about 7 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹23 Lakh and satisfied charges of ₹3.2 Cr on record.
Veeto Velvets Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-14-0004785). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U18105DL2007PTC160375
Registration Number 160375
Incorporation Date 09 March 2007
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-HR-14-0004785
Key People
Nitish Saluja Director Sunita Saluja Director Recognitions & Rankings of Veeto Velvets
Contact details
Veeto Velvets Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address379 Majsid Mor South Extension Part – II, New Delhi, Delhi, India – 110049
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Veeto Velvets Private Limited, buy the company report.
Comprehensive company report
Veeto Velvets 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
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Secure checkout · GST invoice included
Business activity
The main business activity of Veeto Velvets is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Veeto Velvets Private Limited, buy the company report.
Financials of Veeto Velvets Private Limited
FY 2025 filings availableVeeto Velvets Private Limited reported revenue of ₹12.95 Cr (down 39% YoY) for FY 2023.
Revenue · FY 2023
₹12.95 Cr ▼ 39%
Net profit · FY 2023
₹4.48 Lakh margin 0.3%
EBITDA · FY 2023
₹26.93 Lakh margin 2.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 39%
3 years · compounded
▲ 5%
5 years · compounded
▲ 1%
EBITDA CAGR growth
1 year
▼ 23%
3 years · compounded
▼ 8%
5 years · compounded
▼ 5%
Revenue fell 39% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA fell 23% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹12.95 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹26.93 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.48 Lakh | ||||
| 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.1% | ||||
| Net Profit Margin | 0.3% | ||||
| 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 Veeto Velvets Private Limited, buy the company report.
Board of directors of Veeto Velvets Private Limited
Veeto Velvets has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitish Saluja | Director | 01 Sep 2011 | 15 Years 1 Months | Current |
| Sunita Saluja | Director | 09 Mar 2007 | 19 Years 7 Months | Current |
Peer comparison
Veeto Velvets Private Limited is compared with the 4 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Clamp Shoes Private Limited | ₹12.99 Cr (FY 2023) | 36.0% | New Delhi, Delhi, India | |||
| Evesyl Enterprises Private Limited | ₹12.97 Cr (FY 2020) | 25.0% | Tirupur, Tamil Nadu, India | |||
| Veeto Velvets Private Limitedthis company | ₹12.95 Cr (FY 2023) | ₹4.48 Lakh | 0.3% | -39.0% | 7 | New Delhi, Delhi, India |
| Vaibhav Silk Mills Private Limited | ₹12.95 Cr (FY 2024) | 15.0% | Mumbai, Maharashtra, India | |||
| M G Chopra Textiles Pvt Ltd | ₹12.94 Cr (FY 2025) | 1.0% | Ahmedababd, Gujarat, India |
To see the full peer comparison of Veeto Velvets Private Limited, buy the company report.
Auditor
Veeto Velvets Private Limited is audited by SHASHI CHADHA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHASHI CHADHA & CO. | FY 2023 | 015666N |
Shareholding
The shareholding of Veeto Velvets 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 Veeto Velvets Private Limited, buy the company report.
Charges & borrowings
Open charges
₹23 Lakh
Satisfied charges
₹3.2 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Jun 2025 | 101127264 | Axis Bank Limited | ₹23 Lakh | Open | |
| 29 Mar 2017 | 100086257 | Others | ₹15 Lakh | Satisfied | |
| 12 Dec 2011 | 10326717 | Punjab National Bank | ₹11 Lakh | Satisfied | |
| 07 Jul 2011 | 10303649 | Punjab National Bank | ₹3.5 Lakh | Satisfied | |
| 01 Nov 2010 | 10251823 | Punjab National Bank | ₹90 Lakh | Satisfied |
To see the full charge records of Veeto Velvets Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
No court or tribunal cases involving Veeto Velvets Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Veeto Velvets Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Veeto Velvets Private Limited has a workforce of 7 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
7
Active EPFO establishments
1
Employee growth
133.33%
GST
Veeto Velvets has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AACCV4535A1ZR | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Veeto Velvets Private Limited, buy the company report.
Recent activity
Veeto Velvets Private Limited has 4 board changes on record since 2007: 2 appointments and 2 cessations. The latest: Joginder Kumar Saluja ceased to be Director on 10 Jul 2014.
AGM
Veeto Velvets Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Axis Bank Limited amounted to Rs. 23.00 Lakh with Charge ID 101127264 was registered on 24 Jun 2025.
Filing
Veeto Velvets Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Charges
A charge registered on 29 May 2007 via Charge ID 10060085 with Punjab National Bank was fully satisfied on 17 Oct 2018.
Charges
A charge registered on 29 Mar 2017 via Charge ID 100086257 with Others was fully satisfied on 20 Sep 2018.
Charges
A charge registered on 12 Dec 2011 via Charge ID 10326717 with Punjab National Bank was fully satisfied on 20 Sep 2018.
Charges
A charge registered on 07 Jul 2011 via Charge ID 10303649 with Punjab National Bank was fully satisfied on 20 Sep 2018.
Charges
A charge registered on 01 Nov 2010 via Charge ID 10251823 with Punjab National Bank was fully satisfied on 20 Sep 2018.
Charges
A charge registered on 27 Feb 2009 via Charge ID 10150172 with Punjab National Bank was fully satisfied on 20 Sep 2018.
Charges
A charge with Others amounted to Rs. 15.00 Lakh with Charge ID 100086257 was registered on 29 Mar 2017.
Ceased
Joginder Kumar Saluja ceased to be Director.
Charges
A charge with Punjab National Bank amounted to Rs. 11.00 Lakh with Charge ID 10326717 was registered on 12 Dec 2011.
9 earlier events are in the company report.
Frequently asked questions
Veeto Velvets is an active private limited company based in New Delhi, Delhi, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 09 March 2007 (19+ years old) and is registered under CIN U18105DL2007PTC160375.
Veeto Velvets has 2 current directors:
- Nitish Saluja - Director
- Sunita Saluja - Director
The latest financial statements of Veeto Velvets 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 Veeto Velvets is 06AACCV4535A1ZR, registered in Haryana.
The CIN (Corporate Identification Number) of Veeto Velvets is U18105DL2007PTC160375. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Veeto Velvets was incorporated on 09 March 2007, making it 19+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Veeto Velvets by revenue are Clamp Shoes Private Limited, Evesyl Enterprises Private Limited, Vaibhav Silk Mills Private Limited, M G Chopra Textiles Pvt Ltd, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Joginder Kumar Saluja ceased to be Director on 10 Jul 2014. Pawan Chugh ceased to be Director on 09 Sep 2011. Nitish Saluja was appointed as Director on 01 Sep 2011. Veeto Velvets has 4 board changes on record in total.
Yes, Veeto Velvets is registered as a small enterprise under Udyam registration (number: UDYAM-HR-14-0004785).
The registered office of Veeto Velvets is at 379 Majsid Mor South Extension Part – II, New Delhi, Delhi, India – 110049.
Veeto Velvets operates in the manufacturing industry, in the textile and fabric production segment.
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