MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0007304
Veeyor Polymers Private Limited - manufacturing in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹42.08 Cr
▲ 16% YoY
Net loss · FY 2025
₹58.68 Lakh
Net margin -1.4%
EBITDA · FY 2025
₹74.03 Lakh
EBITDA margin 1.8%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹9.76 Cr
Satisfied ₹4.85 Cr
Company age
43 yrs
Est. 1983
Employees · EPFO
35
Provident fund records
About Veeyor Polymers Private Limited
Data last updated:
Veeyor Polymers Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the plastic and resins segment of the manufacturing sector. It was incorporated on 02 December 1983 and has been in existence for over 43 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U24134KA1983PTC005719. Its GSTIN is 29AAACV7071M1ZR (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Karthik Gopalakrishnan (Managing Director) and Shantha Gopalakrishnan.
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 No:B161 II Stage Peenya Ind – Ustrial Estate, Bangalore, Karnataka, India – 560058.
As per the financials filed for FY 2025, the company reported a revenue of ₹42.08 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net loss of ₹58.68 Lakh (net margin -1.4%) and EBITDA of ₹74.03 Lakh (EBITDA margin 1.8%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 26% over five years.
The company has about 35 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Veeyor Polymers. As per MCA filings, the company has open charges of ₹9.76 Cr and satisfied charges of ₹4.85 Cr on record.
Veeyor Polymers Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0007304). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website veeyorpolymers.com.
Company details
CIN U24134KA1983PTC005719
Registration Number 005719
Incorporation Date 02 December 1983
ROC Bangalore
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-KR-03-0007304
Key People
Karthik Gopalakrishnan Managing Director Shantha Gopalakrishnan Director Gopalakrishnan Viswanathan Director Recognitions & Rankings of Veeyor Polymers
Contact details
Veeyor Polymers Private Limited's registered office is in Bangalore, Karnataka. Its website is veeyorpolymers.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo:B161 II Stage Peenya Ind – Ustrial Estate, Bangalore, Karnataka, India – 560058
- IndustryManufacturing, Plastic & Resins
To see the full contact details of Veeyor Polymers Private Limited, buy the company report.
Comprehensive company report
Veeyor Polymers 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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Brands
Veeyor Polymers operates one associated brand: Veeyor Polymers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of epoxy, polyurethane, and silicone resins for industrial applications. | veeyorpolymers.com |
Business activity
The main business activity of Veeyor Polymers is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Veeyor Polymers Private Limited, buy the company report.
Financials of Veeyor Polymers Private Limited
FY 2025 filings availableVeeyor Polymers Private Limited reported revenue of ₹42.08 Cr (up 16% YoY) for FY 2025.
Revenue · FY 2025
₹42.08 Cr ▲ 16%
Net loss · FY 2025
₹58.68 Lakh margin -1.4%
EBITDA · FY 2025
₹74.03 Lakh margin 1.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 16%
3 years · compounded
▲ 14%
5 years · compounded
▲ 26%
EBITDA CAGR growth
1 year
▼ 49%
3 years · compounded
▼ 21%
5 years · compounded
▼ 6%
Revenue has grown at a compounded annual rate (CAGR) of 26% over five years, including 16% growth in the latest year. EBITDA fell 49% 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 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹74.03 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹58.68 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.8% | ||||
| Net Profit Margin | -1.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
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To see the full financial statements and ratios of Veeyor Polymers Private Limited, buy the company report.
Board of directors of Veeyor Polymers Private Limited
Veeyor Polymers has 3 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 |
|---|---|---|---|---|
| Shantha Gopalakrishnan Also directs: Chemstar Marketing Private Limited | Director | 31 Mar 2016 | 10 Years 7 Months | Current |
| Gopalakrishnan Viswanathan | Director | 31 Mar 2016 | 10 Years 7 Months | Current |
| Karthik Gopalakrishnan | Managing Director | 31 Mar 2016 | 10 Years 7 Months | Current |
Peer comparison
Veeyor Polymers Private Limited is compared with the 3 companies closest to it by revenue in the Manufacturing industry (Plastics and Resins, Polymers), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Chaika Polymers Private Limited | ₹42.4 Cr (FY 2024) | 60.0% | Ranchi, Jharkhand, India | |||
| Dalfon Chemicals India Private Limited | ₹42.37 Cr (FY 2025) | 103.0% | Surat, Gujarat, India | |||
| Vibrant Colortech Private Limited | ₹42.28 Cr (FY 2024) | 10.0% | Chennai, Tamil Nadu, India | |||
| Veeyor Polymers Private Limitedthis company | ₹42.08 Cr (FY 2025) | -₹58.68 Lakh | -1.4% | 16.0% | 35 | Bangalore, Karnataka, India |
To see the full peer comparison of Veeyor Polymers Private Limited, buy the company report.
Auditor
Veeyor Polymers Private Limited is audited by PNR & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PNR & CO | FY 2023 | 002495S |
Shareholding
The shareholding of Veeyor Polymers 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 Veeyor Polymers Private Limited, buy the company report.
Charges & borrowings
Open charges
₹9.76 Cr
Satisfied charges
₹4.85 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Sep 2024 | 100983581 | Others | ₹9.76 Cr | Open | |
| 24 Aug 2022 | 100648291 | Others | ₹1.82 Cr | Satisfied | |
| 19 Feb 2018 | 100164102 | Hdfc Bank Limited | ₹1.25 Cr | Satisfied | |
| 29 Apr 1992 | 80035635 | State Bank of India | ₹1.78 Cr | Satisfied |
To see the full charge records of Veeyor Polymers Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Veeyor Polymers 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 Veeyor Polymers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Veeyor Polymers Private Limited has a workforce of 35 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
35
Active EPFO establishments
1
Employee growth
45.83%
GST
Veeyor Polymers has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACV7071M1ZR | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Veeyor Polymers Private Limited, buy the company report.
Recent activity
Veeyor Polymers Private Limited has 7 board changes on record since 1983: 5 appointments and 2 cessations. The latest: Krishnaiyer Ramanathan ceased to be Whole-Time Director on 15 Nov 2021.
AGM
Veeyor Polymers Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others of Rs. 976.00 Lakh registered on 27 Sep 2024 with Charge ID 100983581 was modified on 30 May 2025.
Filing
Veeyor Polymers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge registered on 24 Aug 2022 via Charge ID 100648291 with Others was fully satisfied on 30 Sep 2024.
Charges
A charge with Others amounted to Rs. 976.00 Lakh with Charge ID 100983581 was registered on 27 Sep 2024.
Charges
A charge with Others amounted to Rs. 182.00 Lakh with Charge ID 100648291 was registered on 24 Aug 2022.
Ceased
Krishnaiyer Ramanathan ceased to be Whole-Time Director.
Charges
A charge registered on 19 Feb 2018 via Charge ID 100164102 with Hdfc Bank Limited was fully satisfied on 22 Apr 2019.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 125.00 Lakh with Charge ID 100164102 was registered on 19 Feb 2018.
Charges
A charge registered on 29 Apr 1992 via Charge ID 80035635 with State Bank Of India was fully satisfied on 07 Mar 2017.
Appointed
Gopalakrishnan Viswanathan was appointed as Director.
Appointed
Karthik Gopalakrishnan was appointed as Managing Director.
7 earlier events are in the company report.
Frequently asked questions
Veeyor Polymers is an active private limited company based in Bangalore, Karnataka, India. The company works in plastic and resins, within the manufacturing industry. It was incorporated on 02 December 1983 (43+ years old) and is registered under CIN U24134KA1983PTC005719.
Veeyor Polymers has 3 current directors:
- Karthik Gopalakrishnan - Managing Director
- Shantha Gopalakrishnan - Director
- Gopalakrishnan Viswanathan - Director
The latest financial statements of Veeyor Polymers 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 Veeyor Polymers is 29AAACV7071M1ZR, registered in Karnataka.
The CIN (Corporate Identification Number) of Veeyor Polymers is U24134KA1983PTC005719. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Veeyor Polymers was incorporated on 02 December 1983, making it 43+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Veeyor Polymers by revenue are Chaika Polymers Private Limited, Dalfon Chemicals India Private Limited, Vibrant Colortech Private Limited, all in the Manufacturing industry (Plastics and Resins, Polymers), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Krishnaiyer Ramanathan ceased to be Whole-Time Director on 15 Nov 2021. Gopalakrishnan Viswanathan was appointed as Director on 31 Mar 2016. Karthik Gopalakrishnan was appointed as Managing Director on 31 Mar 2016. Veeyor Polymers has 7 board changes on record in total.
Yes, Veeyor Polymers is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0007304).
Veeyor Polymers can be reached through the website veeyorpolymers.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Veeyor Polymers is at No:B161 II Stage Peenya Ind – Ustrial Estate, Bangalore, Karnataka, India – 560058.
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