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Veils India Private Limited - consumer electronics & durables in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹6.12 Cr
▼ 28% YoY
Net profit · FY 2025
₹13.33 Lakh
Net margin 2.2%
EBITDA · FY 2025
₹69.18 Lakh
EBITDA margin 11.3%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹51 Lakh
Issued & subscribed
Open charges
₹3.65 Cr
Secured borrowings
Company age
7 yrs
Est. 2019
Employees · EPFO
2
Provident fund records
About Veils India Private Limited
Data last updated:
Veils India Private Limited is a private limited company based in New Delhi, Delhi, India, recognised as a startup by DPIIT. It operates in the furniture retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 13 March 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U36949DL2019PTC347251. Its GSTIN is 07AAGCV8457M1ZJ (Delhi). The company holds 6 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹51 Lakh. It is led by directors Gaurav Manchanda and Sudha Manchanda.
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 3153 G/F Gali No – 34 Beadon Pura, Karol Bagh, New Delhi, Delhi, India – 110005.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.12 Cr, a decline of 28% compared to the previous year. For the same year it recorded a net profit of ₹13.33 Lakh (net margin 2.2%) and EBITDA of ₹69.18 Lakh (EBITDA margin 11.3%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 21% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Veils Furniture. As per MCA filings, the company has open charges of ₹3.65 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending.
Veils India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-02-0003165). For more details, the company can be reached via its website veilsfurniture.com.
Company details
CIN U36949DL2019PTC347251
Registration Number 347251
Incorporation Date 13 March 2019
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-DL-02-0003165
Recognitions & Rankings of Veils India
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-DL-02-0003165
Contact details
Veils India Private Limited's registered office is in New Delhi, Delhi. Its website is veilsfurniture.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address3153 G/F Gali No – 34 Beadon Pura, Karol Bagh, New Delhi, Delhi, India – 110005
- IndustryConsumer Electronics & Durables, Furniture Retail & Distribution
To see the full contact details of Veils India Private Limited, buy the company report.
Comprehensive company report
Veils India 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
Veils India operates one associated brand: Veils Furniture. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Furniture manufacturing and sales for homes and offices in India. | veilsindia.com |
Business activity
The main business activity of Veils India is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Veils India Private Limited, buy the company report.
Financials of Veils India Private Limited
FY 2025 filings availableVeils India Private Limited reported revenue of ₹6.12 Cr (down 28% YoY) for FY 2025.
Revenue · FY 2025
₹6.12 Cr ▼ 28%
Net profit · FY 2025
₹13.33 Lakh margin 2.2%
EBITDA · FY 2025
₹69.18 Lakh margin 11.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 28%
3 years · compounded
▲ 8%
5 years · compounded
▲ 21%
EBITDA CAGR growth
1 year
▲ 26%
3 years · compounded
▲ 48%
5 years · compounded
▲ 70%
Revenue fell 28% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 21%. EBITDA rose 26% 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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| Revenue from Operations | |||||
| Other Income | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹69.18 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹13.33 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Trade Payables | |||||
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| Fixed Assets | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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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 | 11.3% | ||||
| Net Profit Margin | 2.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Veils India Private Limited, buy the company report.
Board of directors of Veils India Private Limited
Veils India has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gaurav Manchanda Also directs: Himalaya Herbs Private Limited, Mummaa International Private Limited, Ocean Collins Private Limited and 1 more | Director | 13 Mar 2019 | 7 Years 7 Months | Current |
| Sudha Manchanda | Director | 13 Mar 2019 | 7 Years 7 Months | Current |
Peer comparison
Veils India Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Durables industry (Furniture Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Four Seasons Sales Private Limited | ₹6.43 Cr (FY 2024) | 51.0% | Delhi, India | |||
| Halen Ceramics Pvt Ltd | ₹6.12 Cr (FY 2024) | 41.0% | Indore, Madhya Pradesh, India | |||
| Veils India Private Limitedthis company | ₹6.12 Cr (FY 2025) | ₹13.33 Lakh | 2.2% | -28.0% | 2 | New Delhi, Delhi, India |
| Scarlet Splendour Designs Private Limited | ₹6.02 Cr (FY 2025) | -2.0% | Kolkata, West Bengal, India | |||
| P P Globals Private Limited | ₹6.01 Cr (FY 2025) | -76.0% | Ranchi, Jharkhand, India |
To see the full peer comparison of Veils India Private Limited, buy the company report.
Auditor
Veils India Private Limited is audited by GMR & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GMR & CO. | FY 2023 | 071368 |
Shareholding
The shareholding of Veils India Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Veils India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹3.65 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jan 2020 | 100327022 | Others | ₹3.65 Cr | Open |
To see the full charge records of Veils India Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Veils India Private Limited has 2 court cases on record: 1 filed by Veils India, 1 filed against it. 1 case is pending and 1 is disposed.
Total cases
2
Filed by the company
1
Filed against the company
1
Pending
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal case | Filed against the company by State of U.P. | Pending |
| District court, South East, Delhi | Commercial suit | Filed by the company against M/S Surround System and Ors and 2 others | Disposed |
To see the full case history of Veils India Private Limited, buy the company report.
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
No delayed payments to MSME suppliers are on our record for Veils India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Veils India Private Limited has a workforce of 2 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
2
Active EPFO establishments
1
Employee growth
-60%
GST
Veils India has 6 GST registrations: 6 active. The first 4 active GSTINs are listed below.
Total GSTINs
6
Active
6
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAGCV8457M1ZJ | Delhi | Active | 02 Apr 2019 |
| 07AAGCV8457M2ZI | Delhi | Active | 24 Mar 2025 |
| 09AAGCV8457M1ZF | Uttar Pradesh | Active | 26 Jun 2019 |
| 05AAGCV8457M1ZN | Uttarakhand | Active | 14 Feb 2023 |
To see the full GST registrations and return filing status of Veils India Private Limited, buy the company report.
Recent activity
Veils India Private Limited has 3 board changes on record since 2019: 2 appointments and 1 cessation. The latest: Ashok Kumar Manchanda ceased to be Additional Director on 30 Sep 2022.
Charges
A charge with Others of Rs. 3.65 Cr registered on 27 Jan 2020 with Charge ID 100327022 was modified on 01 Oct 2025.
AGM
Veils India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Veils India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Ceased
Ashok Kumar Manchanda ceased to be Additional Director.
Charges
A charge with Others amounted to Rs. 3.65 Cr with Charge ID 100327022 was registered on 27 Jan 2020.
Appointed
Gaurav Manchanda was appointed as Director.
Appointed
Sudha Manchanda was appointed as Director.
Incorporation
13 Mar 2019
Veils India Private Limited was registered on 13 Mar 2019 with Roc Delhi & aged 7 years 7 months as per MCA records.
Frequently asked questions
Veils India is an active private limited company based in New Delhi, Delhi, India. The company works in furniture retail and distribution, within the consumer electronics and durables industry. It was incorporated on 13 March 2019 (7+ years old) and is registered under CIN U36949DL2019PTC347251.
Veils India has 2 current directors:
- Gaurav Manchanda - Director
- Sudha Manchanda - Director
The latest financial statements of Veils India 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 FY 2019 are in the company report.
The GSTIN of Veils India is 07AAGCV8457M1ZJ, registered in Delhi. The company has 6 GST registrations in all, of which 6 are active. Other active GSTINs include 07AAGCV8457M2ZI (Delhi), 09AAGCV8457M1ZF (Uttar Pradesh), 05AAGCV8457M1ZN (Uttarakhand).
The CIN (Corporate Identification Number) of Veils India is U36949DL2019PTC347251. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Veils India has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending.
Veils India was incorporated on 13 March 2019, making it 7+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Veils India by revenue are Four Seasons Sales Private Limited, Halen Ceramics Pvt Ltd, Scarlet Splendour Designs Private Limited, P P Globals Private Limited, all in the Consumer Durables industry (Furniture Retail and Distribution), with the same principal business activity (wholesale trading).
Ashok Kumar Manchanda ceased to be Additional Director on 30 Sep 2022. Gaurav Manchanda was appointed as Director on 13 Mar 2019. Sudha Manchanda was appointed as Director on 13 Mar 2019.
Yes, Veils India is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Veils India is registered as a small enterprise under Udyam registration (number: UDYAM-DL-02-0003165).