About Veevee Controls Private Limited
Data last updated:
Veevee Controls Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 18 July 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U31909KA1990PTC011077. Its GSTIN is 29AAACV4661M1ZT (Karnataka).
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹9.29 Cr. It is led by directors including Tammineedi Venkat Prasad (Managing Director) and Tammineedi Nandakumar.
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 L – 3 9th Cross 1st Stagepeenya Indl Extate Bangalore, Karnataka, India – 560058.
As per the financials filed for FY 2025, the company reported a revenue of ₹106.67 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹4.37 Cr (net margin 4.1%) and EBITDA of ₹7.57 Cr (EBITDA margin 7.1%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 7% over five years.
The company has about 231 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹4.5 Cr and satisfied charges of ₹24.13 Lakh on record. Court records list 8 cases involving the company, including 6 filed by the company and 1 filed against it. The company has 4 deals on record (2 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹1.4 Cr; the latest was in March 2020. Its 10 peer companies in the Power industry (EPC, BoP and BTG) are compared by revenue, 5 larger and 5 smaller; the largest is Bluegrass Technologies Private Limited with revenue of ₹108.71 Cr. The company has 10 MSME Form 1 returns on record between 2019 and 2024, listing 631 overdue payments to 18 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website veeveecontrols.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressL – 3 9th Cross 1st Stagepeenya Indl Extate Bangalore, Karnataka, India – 560058
- IndustryEnergy and Power, Power Equipment Manufacturers
- 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
- One PDF report, delivered after checkout
Business Activity of Veevee Controls Private Limited
The main business activities of Veevee Controls are manufacturing and professional, scientific and technical. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment and other professional, scientific and technical activities. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Veevee Controls Private Limited FY 2025 filings available
Veevee Controls Private Limited reported revenue of ₹106.67 Cr (down 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Veevee Controls Private Limited
Revenue fell 2% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 7%. EBITDA rose 6% 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 of Veevee Controls Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | ₹7.57 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹4.37 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 of Veevee Controls Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Veevee Controls are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Veevee Controls Private Limited
Veevee Controls Private Limited is compared with the companies closest to it by revenue in the Power industry (EPC, BoP and BTG). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bluegrass Technologies Private Limited | ₹108.71 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Delhi, India |
| Instant Ventures Private Limited | ₹108.26 Cr (FY 2025) | •••• | •••• | 37.0% | •••• | Chennai, Tamil Nadu, India |
| Naviya Technologies Renewables Private Limited | ₹107.17 Cr (FY 2024) | •••• | •••• | 18.0% | •••• | Mumbai, Maharashtra, India |
| Sunvibe Electricals Private Limited | ₹107.07 Cr (FY 2025) | •••• | •••• | 162.0% | •••• | Ahmedabad, Gujarat, India |
| Envision Wind Power Services India Private Limited | ₹106.93 Cr (FY 2025) | •••• | •••• | 95.0% | •••• | Thane, Maharashtra, India |
| Veevee Controls Private Limited this company | ₹106.67 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Bangalore, Karnataka, India |
| Trimurthi Hitech Company Private Limited | ₹106.44 Cr (FY 2025) | •••• | •••• | 51.0% | •••• | Chennai, Tamil Nadu, India |
| D B Padhiyar Infra Private Limited | ₹104.47 Cr (FY 2025) | •••• | •••• | 220.0% | •••• | Rajkot, Gujarat, India |
| Sai Balaji Infra (India) Private Limited | ₹104.13 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Hyderabad, Telangana, India |
| Safety Controls & Devices Limited | ₹103.5 Cr (FY 2025) | •••• | •••• | 90.0% | •••• | Lucknow, Uttar Pradesh, India |
| Shree Samarth Wind and Solar Energy Limited | ₹103.33 Cr (FY 2025) | •••• | •••• | -37.0% | •••• | Kalavad, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Veevee Controls by revenue in the Power industry (EPC, BoP and BTG), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Veevee Controls Private Limited
Veevee Controls Private Limited is audited by CHANDRASHEKAR KOTE & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| CHANDRASHEKAR KOTE & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Veevee Controls Private Limited
Veevee Controls has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tammineedi Nandakumar Also directs: Vinika Foods Private Limited | Director | 20 Sep 2008 | 18 Years 0 Months | Current |
| Tammineedi Anusha Also directs: Vinika Foods Private Limited | Director | 18 Feb 2022 | 4 Years 7 Months | Current |
| Tammineedi Venkat Prasad | Managing Director | 18 Jul 1990 | 36 Years 2 Months | Current |
| Tammineedi Hymavathy Also directs: Anatech Ultra Coaters & Controls Private Limited | Director | 18 Jul 1990 | 36 Years 2 Months | Current |
Ownership and Shareholding of Veevee Controls Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Veevee Controls Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Oct 2003 | State Bank of India | ₹4.5 Cr | Open |
| 27 Dec 1996 | Vijaya Bank | ₹3 Lakh | Satisfied |
| 27 Mar 1995 | Vijaya Bank | ₹5 Lakh | Satisfied |
| 27 Mar 1995 | Vijaya Bank | ₹5 Lakh | Satisfied |
| 26 Feb 1994 | Vijaya Bank | ₹3 Lakh | Satisfied |
Total charge records: 9 View all charges
Deals & Funding of Veevee Controls Private Limited
Veevee Controls Private Limited has 4 deals on record (2 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹1.4 Cr; the latest was in March 2020.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| May 2015 | Rights issue | ₹1 Cr | Investors: an individual |
| Mar 2009 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2007 | Funding round | ₹1.4 Cr | Investors: 4 individuals |
Full deal history
All 4 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Veevee Controls Private Limited
Veevee Controls Private Limited has 8 court cases on record: 6 filed by Veevee Controls, 1 filed against it, 1 where it is another party. All cases are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 0 | 0 |
| District courts | 3 | 1 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed by the company against an individual | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against an individual | Disposed |
| High Court of Karnataka | Appeal | Company is another party | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against State of Karnataka | Disposed |
| District court, BENGALURU, Karnataka | Appeal | Filed against the company by an individual | Disposed |
Full case history
All 8 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Veevee Controls Private Limited
Veevee Controls Private Limited has 10 MSME Form 1 returns on record between 2019 and 2024, listing 631 overdue payments to 18 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 18)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Regency Electricals Private Limited. | •••• | •••• | •••• |
| Ohmark Controls Private Limited | •••• | •••• | •••• |
| Elmeasure India Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Anatech Ultra Coaters & Controls Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 10 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Veevee Controls Private Limited
Veevee Controls Private Limited has a workforce of 231 employees as of Apr 08, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Veevee Controls Private Limited
Veevee Controls Private Limited has 6 board changes on record since 1990: 4 appointments and 2 cessations. The latest: Tammineedi Anusha ceased to be Additional Director on 30 Sep 2022.
18 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Veevee Controls Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Veevee Controls Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Veevee Controls Private Limited
Veevee Controls has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACV4661M1ZT | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Veevee Controls Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Veevee Controls Private Limited
Veevee Controls is an active private limited company based in Bangalore, Karnataka, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 18 July 1990 (36+ years old) and is registered under CIN U31909KA1990PTC011077.
Veevee Controls reported revenue of ₹106.67 Cr for FY 2025 (down 2% YoY).
Veevee Controls has 4 current directors:
- Tammineedi Venkat Prasad - Managing Director
- Tammineedi Nandakumar - Director
- Tammineedi Anusha - Director
- Tammineedi Hymavathy - Director
Veevee Controls reported a net profit of ₹4.37 Cr (net margin 4.1%) and EBITDA of ₹7.57 Cr (EBITDA margin 7.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Veevee Controls is 20% over three years and 7% over five years. In the latest year (FY 2025) revenue fell 2%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Veevee Controls is 29AAACV4661M1ZT, registered in Karnataka.
The CIN (Corporate Identification Number) of Veevee Controls is U31909KA1990PTC011077. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Veevee Controls has 8 court cases on record: 6 filed by the company and 1 filed against it. Most are in the high courts.
Veevee Controls was incorporated on 18 July 1990, making it 36+ years old. It is registered with the Registrar of Companies, Bangalore.
Veevee Controls has 4 deals on record (2 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹1.4 Cr; the latest was in March 2020.
The peers of Veevee Controls by revenue are Bluegrass Technologies Private Limited, Instant Ventures Private Limited, Naviya Technologies Renewables Private Limited, Sunvibe Electricals Private Limited, Envision Wind Power Services India Private Limited and 5 more, all in the Power industry (EPC, BoP and BTG).
Tammineedi Anusha ceased to be Additional Director on 30 Sep 2022. Tammineedi Anusha was appointed as Director on 18 Feb 2022. Tammineedi Nandakumar ceased to be Additional Director on 04 Sep 2009. Veevee Controls has 6 board changes on record in total.