Veetrag Textiles Private Limited

Veetrag Textiles Private Limited - home & lifestyle in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U17116TN1993PTC024667 Incorporated 23 March 1993 ROC Chennai HQ Chennai, Tamil Nadu, India
Active Private Limited Company home and lifestyle MSME · Small
Data last updated
Revenue · FY 2025
₹14.95 Cr
▲ 2% YoY
Net profit · FY 2025
₹52.29 Lakh
Net margin 3.5%
EBITDA · FY 2025
₹82.85 Lakh
EBITDA margin 5.5%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹20 Lakh
Issued & subscribed
Satisfied charges
₹5.51 Cr
No open charges
Company age
33 yrs
Est. 1993
Employees · EPFO
33
Provident fund records

About Veetrag Textiles Private Limited

Data last updated:

Veetrag Textiles Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 23 March 1993 and has been in existence for over 33 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U17116TN1993PTC024667. Its GSTIN is 33AAACM3949D1ZR (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹20 Lakh. It was formerly known as Man Mandir Handlooms Private Limited. It is led by directors including Nemichand (Managing Director) and Rakesh Pramila Singhvi (Whole-Time Director).

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 G.N.Chetty Road T.Nagar Chennai – 17 T.Nagar Chennai – 17, Tamil Nadu, India – 600017.

As per the financials filed for FY 2025, the company reported a revenue of ₹14.95 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹52.29 Lakh (net margin 3.5%) and EBITDA of ₹82.85 Lakh (EBITDA margin 5.5%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 3% over five years.

The company has about 33 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Veetrag Textile. As per MCA filings, the company has satisfied charges of ₹5.51 Cr on record. Court records list 4 cases involving the company, including 4 filed against it.

Veetrag Textiles Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0002615). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U17116TN1993PTC024667
Registration Number 024667
Incorporation Date 23 March 1993
ROC Chennai
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-TN-02-0002615
Key People
Nemichand Managing Director Rakesh Pramila Singhvi Whole-Time Director Nemichand Rakesh Whole-Time Director

Recognitions & Rankings of Veetrag Textiles

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-TN-02-0002615

Contact details

Veetrag Textiles Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address is in the company report.

  • Email
  • Registered Address
    56 G.N.Chetty Road T.Nagar Chennai – 17 T.Nagar Chennai – 17, Tamil Nadu, India – 600017
  • Industry
    Home & Lifestyle, Textile Retail & Distribution

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

Comprehensive company report
Veetrag Textiles 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

Brands

Veetrag Textiles operates one associated brand: Veetrag Textile. Each brand links to its own profile.

BrandDescriptionWebsite
Veetrag Textile
Provides fabrics, designer suits, and bulk orders across India.veetragtextile.com

Business activity

The main business activity of Veetrag Textiles is trade. In detail, this covers retail trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG2Retail Trading

To see the full business activity and turnover split of Veetrag Textiles Private Limited, buy the company report.

Financials of Veetrag Textiles Private Limited

FY 2025 filings available

Veetrag Textiles Private Limited reported revenue of ₹14.95 Cr (up 2% YoY) for FY 2025.

Revenue · FY 2025
₹14.95 Cr ▲ 2%
Net profit · FY 2025
₹52.29 Lakh margin 3.5%
EBITDA · FY 2025
₹82.85 Lakh margin 5.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 2%
3 years · compounded
▲ 13%
5 years · compounded
▼ 3%
EBITDA CAGR growth
1 year
▼ 23%
3 years · compounded
▼ 3%
5 years · compounded
▲ 13%

Revenue rose 2% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 3%. 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

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₹82.85 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹52.29 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin5.5%
Net Profit Margin3.5%
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 Textiles Private Limited, buy the company report.

Board of directors of Veetrag Textiles Private Limited

Veetrag Textiles has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Rakesh Pramila SinghviWhole-Time Director01 Apr 200818 Years 7 MonthsCurrent
Nemichand RakeshWhole-Time Director01 Sep 200125 Years 2 MonthsCurrent
Suraj Kanwar SinghviWhole-Time Director23 Mar 199333 Years 7 MonthsCurrent
NemichandManaging Director23 Mar 199333 Years 7 MonthsCurrent
View all directors

Auditor

Veetrag Textiles Private Limited is audited by P JAYARAMAN & CO for the financial year 2021.

Auditor firmFinancial yearFirm registration number
P JAYARAMAN & COFY 2021001312S

Shareholding

The shareholding of Veetrag Textiles Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019FY 2017
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

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

Charges & borrowings

Open charges
None
Satisfied charges
₹5.51 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹5.29 Cr
Hdfc Bank Ltd.₹0.20 Cr
Sundaram Finance Ltd.₹0.02 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
31 Jan 200710040863Hdfc Bank Limited₹4.29 CrSatisfied
23 Jun 200590288211Hdfc Bank Limited₹1 CrSatisfied
30 May 200390282434Hdfc Bank Ltd.₹20 LakhSatisfied
06 Mar 199690284455Sundaram Finance Ltd.₹1.72 LakhSatisfied

To see the full charge records of Veetrag Textiles 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 Textiles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Veetrag Textiles Private Limited has a workforce of 33 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.

Employee count
33
Active EPFO establishments
1
Employee growth
10%

GST

Veetrag Textiles has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
33AAACM3949D1ZRTamil NaduActive01 Jul 2017

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

Recent activity

Veetrag Textiles Private Limited has 11 board changes on record since 1993: 4 appointments and 7 cessations. The latest: Sampathraj Sudarshan ceased to be Whole-Time Director on 23 Mar 2020.

AGM
Veetrag Textiles Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Veetrag Textiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Charges
A charge registered on 06 Mar 1996 via Charge ID 90284455 with Sundaram Finance Ltd. was fully satisfied on 17 Nov 2023.
Charges
A charge registered on 31 Jan 2007 via Charge ID 10040863 with Hdfc Bank Limited was fully satisfied on 27 Oct 2023.
Charges
A charge registered on 23 Jun 2005 via Charge ID 90288211 with Hdfc Bank Limited was fully satisfied on 27 Oct 2023.
Charges
A charge registered on 30 May 2003 via Charge ID 90282434 with Hdfc Bank Ltd. was fully satisfied on 27 Oct 2023.
Charges
A charge with Hdfc Bank Limited of Rs. 428.93 Lakh registered on 31 Jan 2007 with Charge ID 10040863 was modified on 10 Jun 2020.
Ceased
Sampathraj Sudarshan ceased to be Whole-Time Director.
Ceased
Rajesh Kumar ceased to be Additional Director.
Ceased
Rakesh Nemichand Bafna ceased to be Whole-Time Director.
Ceased
Sumitra ceased to be Director.
Ceased
Neeta Sudarshan ceased to be Additional Director.

12 earlier events are in the company report.

Frequently asked questions

Veetrag Textiles is an active private limited company based in Chennai, Tamil Nadu, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 23 March 1993 (33+ years old) and is registered under CIN U17116TN1993PTC024667.

Veetrag Textiles has 4 current directors:

The latest financial statements of Veetrag Textiles 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 Textiles is 33AAACM3949D1ZR, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Veetrag Textiles is U17116TN1993PTC024667. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Veetrag Textiles has 4 court cases on record: 4 filed against it. Most are in the district courts.

Veetrag Textiles was incorporated on 23 March 1993, making it 33+ years old. It is registered with the Registrar of Companies, Chennai.

Sampathraj Sudarshan ceased to be Whole-Time Director on 23 Mar 2020. Rajesh Kumar ceased to be Additional Director on 01 May 2019. Rakesh Nemichand Bafna ceased to be Whole-Time Director on 01 May 2019. Veetrag Textiles has 11 board changes on record in total.

Yes, Veetrag Textiles is registered as a small enterprise under Udyam registration (number: UDYAM-TN-02-0002615).

The registered office of Veetrag Textiles is at 56 G.N.Chetty Road T.Nagar Chennai – 17 T.Nagar Chennai – 17, Tamil Nadu, India – 600017.