About Veira Electronics Private Limited
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Veira Electronics Private Limited is a private limited company based in Delhi, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 09 May 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U65993DL1996PTC078790. Its GSTIN is 09AAACC6730E1ZX (Uttar Pradesh).
The company has an authorised share capital of ₹12.3 Cr and a paid-up capital of ₹12.21 Cr. It was formerly known as Conic Investments Private Limited. It is led by directors including Sharan Maini and Preeti Maini.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 63 Lajpat Nagar – III, Delhi, India – 110024.
As per the financials filed for FY 2024, the company reported a revenue of ₹761.65 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹41.47 Cr (net margin 5.4%) and EBITDA of ₹73.41 Cr (EBITDA margin 9.6%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years and 31% over five years.
The company has about 13 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Veira Group. As per MCA filings, the company has open charges of ₹302.49 Cr and satisfied charges of ₹64.4 Cr on record. Court records list 35 cases involving the company, including 23 filed by the company and 13 filed against it; 6 cases are pending. The company has 4 deals on record (2 secondary share transfers, 2 funding rounds), with disclosed funding of ₹165 Cr; the latest was in March 2025. Its 7 peer companies in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 4 larger and 3 smaller; the largest is Tata Autocomp Gy Batteries Private Limited with revenue of ₹795.17 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website veiragroup.com.
Company details
Contact details
Veira Electronics Private Limited's registered office is in Delhi, Delhi. Its website is veiragroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address63 Lajpat Nagar – III, Delhi, India – 110024
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Veira Electronics Private Limited, buy the company report.
- 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
Brands
Veira Electronics operates one associated brand: Veira Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Electronic products are manufactured on contract by Veira Group. | veiragroup.com |
Business activity
The main business activity of Veira Electronics is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Veira Electronics Private Limited, buy the company report.
Financials of Veira Electronics Private Limited
FY 2024 filings availableVeira Electronics Private Limited reported revenue of ₹761.65 Cr (up 19% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 31% over five years, including 19% growth in the latest year. EBITDA rose 200% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹761.65 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹73.41 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹41.47 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.6% | ||||
| Net Profit Margin | 5.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Veira Electronics Private Limited, buy the company report.
Board of directors of Veira Electronics Private Limited
Veira Electronics has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sharan Maini | Director | 01 Apr 2011 | 15 Years 6 Months | Current |
| Preeti Maini Also directs: Monoceros Sytems and Technologies LLP, Veira Electrotech Private Limited, Keywest Technologies Private Limited and 2 more | Director | 09 May 1996 | 30 Years 5 Months | Current |
| Ankit Maini | Director | 01 Dec 2007 | 18 Years 10 Months | Current |
Peer comparison
Veira Electronics Private Limited is compared with the 7 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tata Autocomp Gy Batteries Private Limited | ₹795.17 Cr (FY 2025) | 29.0% | Pune, Maharashtra, India | |||
| Yaskawa India Private Limited | ₹787.27 Cr (FY 2025) | 15.0% | Bangalore, Karnataka, India | |||
| Vardhman Appliances Limited | ₹786.55 Cr (FY 2025) | 224.0% | Delhi, India | |||
| Preethi Kitchen Appliances Private Limited | ₹768.88 Cr (FY 2021) | 12.0% | Mumbai, Maharashtra, India | |||
| Veira Electronics Private Limitedthis company | ₹761.65 Cr (FY 2024) | ₹41.47 Cr | 5.4% | 19.0% | 13 | Delhi, India |
| Gautam Solar Private Limited | ₹731.19 Cr (FY 2024) | 106.0% | New Delhi, Delhi, India | |||
| Virtuoso Optoelectronics Limited | ₹702.76 Cr (FY 2025) | 32.0% | Nashik, Maharashtra, India | |||
| Dixon Electro Manufacturing Private Limited | ₹694.23 Cr (FY 2025) | 5261.0% | Noida, Uttar Pradesh, India |
To see the full peer comparison of Veira Electronics Private Limited, buy the company report.
Auditor
Veira Electronics Private Limited is audited by A. Taneja & Co. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A. Taneja & Co. | FY 2024 | 021210N |
Shareholding
The shareholding of Veira Electronics Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Veira Electronics Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 May 2025 | 101121254 | Hdfc Bank Limited | ₹45 Lakh | Open | |
| 26 Dec 2024 | 101053239 | Hdfc Bank Limited | ₹75 Lakh | Open | |
| 15 Jan 2024 | 100854904 | Others | ₹14.5 Lakh | Open | |
| 30 Oct 2023 | 100832897 | Hdfc Bank Limited | ₹1.8 Cr | Open | |
| 08 Aug 2023 | 100796232 | Hdfc Bank Limited | ₹14 Lakh | Open |
To see the full charge records of Veira Electronics Private Limited, buy the company report.
Total charge records: 12 View all charges
Deals & funding
Veira Electronics Private Limited has 4 deals on record (2 secondary share transfers, 2 funding rounds), with disclosed funding of ₹165 Cr; the latest was in March 2025.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2025 | Funding round | ₹20 Cr | Investors: Aaryan Mirai Private Limited , Aayan Mirai Indutries LLP, an individual |
| Feb 2025 | Funding round | ₹145 Cr | Investors: Bharat Value Fund, Maithan Alloys Ltd. , 2 individuals |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Nov 2011 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Veira Electronics Private Limited has 35 court cases on record: 23 filed by Veira Electronics, 13 filed against it. 6 cases are pending and 29 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 24 | 4 | 3 |
| High courts | 6 | 4 | 3 |
| NCLAT | 5 | 5 | 0 |
Cases on record (5 of 35)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Veira Electronics Private Limited and 9 others | Disposed |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed by the company against Veira Electronics Private Limited and 1 other | Disposed |
| District court, South West, Delhi | Execution petition | Filed by the company against Remson Prime Technologies Pvt Ltd | Disposed |
| District court, New Delhi, Delhi | Execution petition | Filed by the company against M/S Remson Prime Technologies Pvt Ltd | Disposed |
| District court, New Delhi, Delhi | Criminal case | Filed by the company against Delta Infotel Pvt. Ltd. | Disposed |
To see the full case history of Veira Electronics 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 Veira Electronics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Veira Electronics has 1 subsidiary company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Veira Electrotech Private Limited | U32308DL2019PTC358430 |
To see the full group structure of Veira Electronics Private Limited, buy the company report.
Employees & EPFO
Veira Electronics Private Limited has a workforce of 13 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
GST
Veira Electronics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAACC6730E1ZX | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Veira Electronics Private Limited, buy the company report.
Recent activity
Veira Electronics Private Limited has 5 board changes on record since 1996: 3 appointments and 2 cessations. The latest: Sharan Maini ceased to be Additional Director on 29 Sep 2011.
14 earlier events are in the company report.
News
Frequently asked questions
Veira Electronics is an active private limited company based in Delhi, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 09 May 1996 (30+ years old) and is registered under CIN U65993DL1996PTC078790.
Veira Electronics has 3 current directors:
- Sharan Maini - Director
- Preeti Maini - Director
- Ankit Maini - Director
The latest financial statements of Veira Electronics on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Veira Electronics is 09AAACC6730E1ZX, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Veira Electronics is U65993DL1996PTC078790. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Veira Electronics has 35 court cases on record: 23 filed by the company and 13 filed against it. 6 are pending. Most are in the district courts.
Veira Electronics was incorporated on 09 May 1996, making it 30+ years old. It is registered with the Registrar of Companies, Delhi.
Veira Electronics has 4 deals on record (2 secondary share transfers, 2 funding rounds), with disclosed funding of ₹165 Cr; the latest was in March 2025.
The peers of Veira Electronics by revenue are Tata Autocomp Gy Batteries Private Limited, Yaskawa India Private Limited, Vardhman Appliances Limited, Preethi Kitchen Appliances Private Limited, Gautam Solar Private Limited and 2 more, all in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Sharan Maini ceased to be Additional Director on 29 Sep 2011. Sharan Maini was appointed as Director on 01 Apr 2011. Puneet Narula ceased to be Director on 01 Mar 2008. Veira Electronics has 5 board changes on record in total.
Veira Electronics can be reached through the website veiragroup.com. Its registered office is in Delhi, India.