Veetrag Polyplast Private Limited

Veetrag Polyplast Private Limited - manufacturing in Udaipur, Rajasthan, India. FY 2026 financials & compliance.
CIN U25209RJ2011PTC034491 Incorporated 11 March 2011 ROC Jaipur HQ Udaipur, Rajasthan, India
Active Private Limited Company manufacturing MSME · Micro
Data last updated
Revenue · FY 2025
₹1.85 Cr
▲ 11462% YoY
Net profit · FY 2025
₹1.66 Cr
Net margin 89.6%
EBITDA · FY 2025
₹1.66 Cr
EBITDA margin 89.9%
Authorised capital
₹60 Lakh
Registered with MCA
Paid-up capital
₹60 Lakh
Issued & subscribed
Open charges
₹1.3 Cr
Satisfied ₹3.43 Cr
Company age
15 yrs
Est. 2011
Directors on board
3
As per MCA filings

About Veetrag Polyplast Private Limited

Data last updated:

Veetrag Polyplast Private Limited is a private limited company based in Udaipur, Rajasthan, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 11 March 2011 and has been in existence for over 15 years.

The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U25209RJ2011PTC034491. Its GSTIN is 08AADCV5905B1ZK (Rajasthan).

The company has an authorised share capital of ₹60 Lakh and a paid-up capital of ₹60 Lakh. It is led by directors including Bhagwati Lal Jain and Abhishek Kumar Jain.

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 E/472 Bhamashah Industrial Area RIICO Kaladwas Teh. – Girva, Udaipur, Rajasthan, India – 313003.

As per the financials filed for FY 2025, the company reported a revenue of ₹1.85 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.66 Cr (net margin 89.6%) and EBITDA of ₹1.66 Cr (EBITDA margin 89.9%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 3% over five years.

As per MCA filings, the company has open charges of ₹1.3 Cr and satisfied charges of ₹3.43 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.

Veetrag Polyplast Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-RJ-33-0012414). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website neertex.com.

Company details

CIN U25209RJ2011PTC034491
Registration Number 034491
Incorporation Date 11 March 2011
ROC Jaipur
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 Micro
Udyam Registration UDYAM-RJ-33-0012414
Key People
Bhagwati Lal Jain Director Abhishek Kumar Jain Director Praveen Jain Director

Recognitions & Rankings of Veetrag Polyplast

MSME (Udyam registered) Ministry of MSME
Category
Micro (2023-24)
Udyam number
UDYAM-RJ-33-0012414

Contact details

Veetrag Polyplast Private Limited's registered office is in Udaipur, Rajasthan. Its website is neertex.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    neertex.com
  • Registered Address
    E/472 Bhamashah Industrial Area RIICO Kaladwas Teh. – Girva, Udaipur, Rajasthan, India – 313003
  • Industry
    Manufacturing, Plastic-Based Products

To see the full contact details of Veetrag Polyplast Private Limited, buy the company report.

Comprehensive company report
Veetrag Polyplast 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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Business activity

The main business activity of Veetrag Polyplast is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC13Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities

Financials of Veetrag Polyplast Private Limited

FY 2025 filings available

Veetrag Polyplast Private Limited reported revenue of ₹1.85 Cr (up 11462% YoY) for FY 2025.

Revenue · FY 2025
₹1.85 Cr ▲ 11462%
Net profit · FY 2025
₹1.66 Cr margin 89.6%
EBITDA · FY 2025
₹1.66 Cr margin 89.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
3 years · compounded
▲ 29%
5 years · compounded
▲ 3%
EBITDA CAGR growth
1 year
▲ 566%
3 years · compounded
▲ 144%
5 years · compounded
▲ 82%

Revenue has grown at a compounded annual rate (CAGR) of 3% over five years. EBITDA rose 566% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹1.66 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.66 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin89.9%
Net Profit Margin89.6%
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 Veetrag Polyplast Private Limited, buy the company report.

Board of directors of Veetrag Polyplast Private Limited

Veetrag Polyplast has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Bhagwati Lal JainDirector11 Mar 201115 Years 7 MonthsCurrent
Abhishek Kumar JainDirector11 Mar 201115 Years 7 MonthsCurrent
Praveen Jain
Also directs: Ediz Ceramic Private Limited
Director01 Dec 20169 Years 11 MonthsCurrent
View all directors

Auditor

Veetrag Polyplast Private Limited is audited by KHURDIA & ASSOCIATES for the financial year 2020.

Auditor firmFinancial yearFirm registration number
KHURDIA & ASSOCIATESFY 2020004076C

Shareholding

The shareholding of Veetrag Polyplast Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2020FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Veetrag Polyplast Private Limited, buy the company report.

Charges & borrowings

Open charges
₹1.3 Cr
Satisfied charges
₹3.43 Cr
Breakdown by lending institutions
State Bank of Bikaner and Jaipur₹2.13 Cr
Others₹1.30 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
26 Apr 2018100187820Others₹1.3 CrSatisfied
09 Mar 201210345035State Bank of Bikaner and Jaipur₹1.4 CrSatisfied
09 Mar 201210345131State Bank of Bikaner and Jaipur₹40 LakhSatisfied
09 Mar 201210345133State Bank of Bikaner and Jaipur₹32.52 LakhSatisfied

To see the full charge records of Veetrag Polyplast Private Limited, buy the company report.

Total charge records: 4 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Veetrag Polyplast Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Veetrag Polyplast has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
08AADCV5905B1ZKRajasthanActive01 Jul 2017

To see the full GST registrations and return filing status of Veetrag Polyplast Private Limited, buy the company report.

Recent activity

Veetrag Polyplast Private Limited has 4 board changes on record since 2011: 3 appointments and 1 cessation. The latest: Praveen Jain was appointed as Director on 01 Dec 2016.

AGM
Veetrag Polyplast Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Veetrag Polyplast Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Jaipur.
Charges
A charge registered on 26 Apr 2018 via Charge ID 100187820 with Others was fully satisfied on 10 Oct 2024.
Charges
A charge registered on 09 Mar 2012 via Charge ID 10345035 with State Bank Of Bikaner And Jaipur was fully satisfied on 05 Jun 2018.
Charges
A charge registered on 09 Mar 2012 via Charge ID 10345131 with State Bank Of Bikaner And Jaipur was fully satisfied on 05 Jun 2018.
Charges
A charge registered on 09 Mar 2012 via Charge ID 10345133 with State Bank Of Bikaner And Jaipur was fully satisfied on 05 Jun 2018.
Charges
A charge with Others amounted to Rs. 130.00 Lakh with Charge ID 100187820 was registered on 26 Apr 2018.
Appointed
Praveen Jain was appointed as Director.
Ceased
Om Prakash Jain ceased to be Director.
Charges
A charge with State Bank Of Bikaner And Jaipur amounted to Rs. 140.00 Lakh with Charge ID 10345035 was registered on 09 Mar 2012.
Charges
A charge with State Bank Of Bikaner And Jaipur amounted to Rs. 40.00 Lakh with Charge ID 10345131 was registered on 09 Mar 2012.
Charges
A charge with State Bank Of Bikaner And Jaipur amounted to Rs. 32.52 Lakh with Charge ID 10345133 was registered on 09 Mar 2012.

3 earlier events are in the company report.

Frequently asked questions

Veetrag Polyplast is an active private limited company based in Udaipur, Rajasthan, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 11 March 2011 (15+ years old) and is registered under CIN U25209RJ2011PTC034491.

Veetrag Polyplast has 3 current directors:

The latest financial statements of Veetrag Polyplast 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 Veetrag Polyplast is 08AADCV5905B1ZK, registered in Rajasthan.

The CIN (Corporate Identification Number) of Veetrag Polyplast is U25209RJ2011PTC034491. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Veetrag Polyplast has 1 court case on record: 1 filed by the company. 1 is pending.

Veetrag Polyplast was incorporated on 11 March 2011, making it 15+ years old. It is registered with the Registrar of Companies, Jaipur.

Praveen Jain was appointed as Director on 01 Dec 2016. Om Prakash Jain ceased to be Director on 03 Mar 2014. Abhishek Kumar Jain was appointed as Director on 11 Mar 2011. Veetrag Polyplast has 4 board changes on record in total.

Yes, Veetrag Polyplast is registered as a micro enterprise under Udyam registration (number: UDYAM-RJ-33-0012414).

Veetrag Polyplast can be reached through the website neertex.com. Its registered office is in Udaipur, Rajasthan, India.