About Veidehi Ring Private Limited
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Veidehi Ring Private Limited is a private limited company based in Rajkot, Gujarat, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 12 June 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29100GJ2018PTC102797. Its GSTIN is 24AAGCV4632G1ZF (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mayurbhai Chandulal Deshani and Nimishaben Mehta.
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 Survey No 129 Plot No 223 B/H Shantidham Sidc Road Veraval Shapar, Rajkot, Gujarat, India – 360024.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.45 Cr, a growth of 36% compared to the previous year. For the same year it recorded a net profit of ₹8.12 Lakh (net margin 0.7%) and EBITDA of ₹30.86 Lakh (EBITDA margin 2.7%). Revenue has grown at a compounded annual rate (CAGR) of 130% over three years and 49% over five years.
For more details, the company can be reached via its website veidehiring.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressSurvey No 129 Plot No 223 B/H Shantidham Sidc Road Veraval Shapar, Rajkot, Gujarat, India – 360024
- IndustryMachinery and Equipment, Industrial Tools & Components
- 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 Veidehi Ring Private Limited
The main business activity of Veidehi Ring is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | 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 Veidehi Ring Private Limited FY 2025 filings available
Veidehi Ring Private Limited reported revenue of ₹11.45 Cr (up 36% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Veidehi Ring Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 49% over five years, including 36% growth in the latest year. EBITDA rose 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 of Veidehi Ring 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 | ₹30.86 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹8.12 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 of Veidehi Ring Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.7% | •••• | •••• | •••• | •••• |
| 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 Veidehi Ring are in the company report.
Financial statements from FY 2019
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 Veidehi Ring Private Limited
Veidehi Ring Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Tools and Components). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Durotech Engineering Private Limited | ₹11.54 Cr (FY 2024) | •••• | •••• | 27.0% | •••• | Madras-600 098, Tamil Nadu, India |
| Swajan Industries Private Limited | ₹11.54 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Pune, Maharashtra, India |
| Alpha Polymer Teck Private Limited | ₹11.54 Cr (FY 2024) | •••• | •••• | 0.0% | •••• | Chennai, Tamil Nadu, India |
| Nachi Tool Technology Limited | ₹11.48 Cr (FY 2017) | •••• | •••• | 3.0% | •••• | New Delhi, Delhi, India |
| V-Lock Engineering Private Limited | ₹11.45 Cr (FY 2024) | •••• | •••• | -16.0% | •••• | Thane, Maharashtra, India |
| Veidehi Ring Private Limited this company | ₹11.45 Cr (FY 2025) | •••• | •••• | 36.0% | •••• | Rajkot, Gujarat, India |
| Ace Forge Private Limited | ₹11.45 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Bangalore, Karnataka, India |
| Asia Pacific Tooling Solutions Private Limited | ₹11.43 Cr (FY 2023) | •••• | •••• | 379.0% | •••• | Gurgaon, Haryana, India |
| Ayubi Construction Private Limited | ₹11.42 Cr (FY 2025) | •••• | •••• | 171.0% | •••• | Kolkata, West Bengal, India |
| Royal Engitech Private Limited | ₹11.4 Cr (FY 2025) | •••• | •••• | -28.0% | •••• | Ahmedabad, Gujarat, India |
| SNF Components Private Limited | ₹11.39 Cr (FY 2024) | •••• | •••• | 38.0% | •••• | Coimbatore, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Veidehi Ring by revenue in the Machinery and Equipment industry (Tools and Components), 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 Veidehi Ring Private Limited
Veidehi Ring Private Limited is audited by J M G & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| J M G & 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 Veidehi Ring Private Limited
Veidehi Ring has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mayurbhai Chandulal Deshani | Director | 12 Jun 2018 | 8 Years 4 Months | Current |
| Nimishaben Mehta | Director | 12 Jun 2018 | 8 Years 4 Months | Current |
Ownership and Shareholding of Veidehi Ring 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 Veidehi Ring Private Limited
Veidehi Ring Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Veidehi Ring Private Limited
Employment history and EPFO contributions of people linked to Veidehi Ring.
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 Veidehi Ring Private Limited
Veidehi Ring Private Limited has 5 board changes on record since 2018: 2 appointments and 3 cessations. The latest: Prakashbhai Rameshbhai Joshi ceased to be Director on 03 Jan 2021.
Credit Ratings, Litigation & Regulatory Alerts for Veidehi Ring 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.
MSME Payment Delays by Veidehi Ring Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Veidehi Ring 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 Veidehi Ring Private Limited
Veidehi Ring has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCV4632G1ZF | Gujarat | Active | 08 Aug 2018 |
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 Veidehi Ring 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 Veidehi Ring Private Limited
Veidehi Ring is an active private limited company based in Rajkot, Gujarat, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 12 June 2018 (8+ years old) and is registered under CIN U29100GJ2018PTC102797.
Veidehi Ring reported revenue of ₹11.45 Cr for FY 2025 (up 36% YoY).
Veidehi Ring has 2 current directors:
- Mayurbhai Chandulal Deshani - Director
- Nimishaben Mehta - Director
Veidehi Ring reported a net profit of ₹8.12 Lakh (net margin 0.7%) and EBITDA of ₹30.86 Lakh (EBITDA margin 2.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Veidehi Ring is 130% over three years and 49% over five years. In the latest year (FY 2025) revenue rose 36%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Veidehi Ring is 24AAGCV4632G1ZF, registered in Gujarat.
The CIN (Corporate Identification Number) of Veidehi Ring is U29100GJ2018PTC102797. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Veidehi Ring was incorporated on 12 June 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Veidehi Ring by revenue are Durotech Engineering Private Limited, Swajan Industries Private Limited, Alpha Polymer Teck Private Limited, Nachi Tool Technology Limited, V-Lock Engineering Private Limited and 5 more, all in the Machinery and Equipment industry (Tools and Components).
Prakashbhai Rameshbhai Joshi ceased to be Director on 03 Jan 2021. Yogesh Chandubhai Sakhiya ceased to be Director on 03 Jan 2021. Mayurbhai Chandulal Deshani ceased to be Additional Director on 30 Nov 2019. Veidehi Ring has 5 board changes on record in total.
Veidehi Ring can be reached through the website veidehiring.com. Its registered office is in Rajkot, Gujarat, India.