About Veka Private Limited
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Veka Private Limited is a private limited company based in Hyderabad, Telangana, India, a subsidiary of Veka Ag, Germany. It operates in the fittings and components segment of the manufacturing sector. It was incorporated on 07 February 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72100TG2008PTC057474. Its GSTIN is 36AACCN6913E1ZM (Telangana). The company holds 8 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹28 Cr and a paid-up capital of ₹26.3 Cr. It was formerly known as Ncl Wintech India Limited and Ncl Veka Limited. It is led by directors including Upadrashta Satyanarayana Murthy (Managing Director) and Ashven Datla.
Its last annual general meeting (AGM) was held on 27 June 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Hyderabad, Telangana.
As per the financials filed for FY 2026, the company reported a revenue of ₹515.11 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹72.3 Cr (net margin 14%) and EBITDA of ₹109.08 Cr (EBITDA margin 21.2%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 23% over five years.
The company has about 349 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 1 brand: Ncl Veka. As per MCA filings, the company has open charges of ₹21 Cr and satisfied charges of ₹41.47 Cr on record. Court records list 48 cases involving the company, including 40 filed by the company and 8 filed against it; 10 cases are pending. The company has 13 deals on record (10 secondary share transfers, 3 funding rounds), with disclosed funding of ₹27.19 Cr; the latest was in February 2025. Its 5 peer companies in the Manufacturing industry (Fittings), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 4 larger and 1 smaller; the largest is Mayraj Pipes & Products Private Limited with revenue of ₹584.29 Cr. The company has 6 MSME Form 1 returns on record between 2019 and 2022, listing 98 overdue payments to 20 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 nclveka.com.
Company details
Name history
Veka has undergone 3 name changes throughout its history. The company was previously known as Ncl Wintech India Limited, Ncl Veka Limited, and Veka Private Limited. The current legal name is Veka Private Limited.
| Company Name | Status |
|---|---|
| Veka Private Limited | Current |
| Ncl Wintech India Limited | Previous |
| Ncl Veka Limited | Previous |
CIN history
Veka has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U72100TG2008PTC057474, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72100TG2008PTC057474 | Current |
| U72100TG2008PLC057474 | Previous |
| U45400TG2008PLC057474 | Previous |
| U45400AP2008PLC057474 | Previous |
Contact details
Veka Private Limited's registered office is in Hyderabad, Telangana. Its website is nclveka.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1st Floor Door No. 1 – 18/Hie/Nr – 2 Holiday Inn Express & Suits Gachibowli Nanakramgud, A, Hyderabad, Telangana, India – 500032
- IndustryManufacturing, Fittings & Components
To see the full contact details of Veka 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
Veka operates one associated brand: NCL VEKA. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Doors and windows are manufactured by NCL VEKA in Hyderabad. | nclveka.com |
Business activity
The main business activity of Veka is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Veka Private Limited, buy the company report.
Financials of Veka Private Limited
FY 2025 filings availableVeka Private Limited reported revenue of ₹515.11 Cr (up 11% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 11% growth in the latest year. EBITDA rose 32% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| EBITDA | ₹109.08 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹72.3 Cr | ||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 21.2% | ||||
| Net Profit Margin | 14% | ||||
| Return on Equity (ROE) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Veka Private Limited, buy the company report.
Board of directors and KMP of Veka Private Limited
Veka Private Limited currently reports 4 directors and 1 key managerial person. 17 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashven Datla Also directs: Procural Private Limited, Ashven Resources LLP, Matrix Pharmacorp Private Limited and 3 more | Director | 07 Feb 2008 | 18 Years 8 Months | Current |
| Andreas Hartleif Also directs: Procural Private Limited | Director | 06 Nov 2017 | 8 Years 11 Months | Current |
| Upadrashta Satyanarayana Murthy Also directs: Oben Private Limited | Managing Director | 18 Jun 2016 | 10 Years 4 Months | Current |
| Matthias Koch Also directs: Procural Private Limited | Director | 18 Sep 2018 | 8 Years 1 Months | Current |
| Sai Mahesh Munikonda | Cfo | 24 May 2018 | 8 Years 4 Months | Current |
Peer comparison
Veka Private Limited is compared with the 5 companies closest to it by revenue in the Manufacturing industry (Fittings), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mayraj Pipes & Products Private Limited | ₹584.29 Cr (FY 2025) | 265.0% | Indore, Madhya Pradesh, India | |||
| Kisan Irrigations and Infrastructure Limited | ₹574.27 Cr (FY 2025) | -12.0% | Mumbai, Maharashtra, India | |||
| Watertec (India) Private Limited | ₹567.62 Cr (FY 2025) | 19.0% | Palladam, Tamil Nadu, India | |||
| Sangir Plastics Pvt Ltd | ₹519.33 Cr (FY 2025) | 1.0% | Mumbai, Maharashtra, India | |||
| Veka Private Limitedthis company | ₹515.11 Cr (FY 2026) | ₹72.3 Cr | 14% | 11.0% | 349 | Hyderabad, Telangana, India |
| Texmo Pipes and Products Limited | ₹393.18 Cr (FY 2025) | -27.0% | Burhanpur, Madhya Pradesh, India |
To see the full peer comparison of Veka Private Limited, buy the company report.
Auditor
Veka Private Limited is audited by LODHA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| LODHA & CO | FY 2023 | 301051E |
Shareholding
The shareholding of Veka 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 Veka Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Mar 2017 | 100092644 | Axis Bank Limited | ₹21 Cr | Open | |
| 20 Dec 2021 | 100522674 | Axis Bank Limited | ₹5 Cr | Satisfied | |
| 23 May 2014 | 10494514 | Andhra Pradesh State Financial Corporation | ₹4.45 Cr | Satisfied | |
| 24 Mar 2009 | 10152885 | Andhra Pradesh State Finance Corporation | ₹2.32 Cr | Satisfied | |
| 17 Nov 2008 | 10133005 | Others | ₹29.7 Cr | Satisfied |
To see the full charge records of Veka Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Veka Private Limited has 13 deals on record (10 secondary share transfers, 3 funding rounds), with disclosed funding of ₹27.19 Cr; the latest was in February 2025.
Deals on record (5 of 13)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2025 | Secondary share transfer | Undisclosed | Buyer: Laumann Stiftung & Co . KG, Veka AG Seller: NCL Buildtek Limited , 3 individuals |
| Nov 2017 | Secondary share transfer | Undisclosed | Buyer: Veka AG, 2 individuals Seller: 4 individuals |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: NCL Buildtek Limited Seller: an individual |
| Feb 2017 | Secondary share transfer | Undisclosed | Buyer: NCL Buildtek Limited , an individual Seller: an individual |
| Nov 2016 | Secondary share transfer | Undisclosed | Seller: NCL Buildtek Limited , an individual |
To see the full deal history of Veka Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Veka Private Limited has 48 court cases on record: 40 filed by Veka, 8 filed against it. 10 cases are pending and 38 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 37 | 3 | 10 |
| High courts | 11 | 5 | 0 |
Cases on record (5 of 48)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hyderabad CCC, Telangana | Cheque dishonour complaint | Filed by the company against Ace Facade Private Limited | Disposed |
| High Court, KARNATAKA | Interim or miscellaneous application | Filed by the company against M/S Mfar Constructions Private Limited | Disposed |
| District court, Rangareddy, Telangana | Criminal complaint | Filed by the company against M/S.Chendur Murugan Fab India Pvt Ltd Rep by Chairman Kumaraswamy Yoogamoorthy and 2 others | Disposed |
| District court, Hyderabad CCC, Telangana | Appeal | Filed against the company by Ms Kalindi Building Systems Pvt Ltd., | Disposed |
| High Court, TELANGANA | Writ petition | Filed by the company against Andhra Pradesh Industrial Infrastructure Corporation Ltd., and 6 others | Disposed |
To see the full case history of Veka 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.
Credit ratings & regulatory alerts
Veka Private Limited was last rated by Icra on 29 Oct 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 29 Oct 2021 |
To see the full credit ratings and regulatory alerts of Veka Private Limited, buy the company report.
MSME payment delays
Veka Private Limited has 6 MSME Form 1 returns on record between 2019 and 2022, listing 98 overdue payments to 20 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 20)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Industrial Power Controls | |||
| an individual supplier | |||
| Adhira Communications Private Limited |
To see the full MSME payment records of Veka Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Veka has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Plastone Upvc Profiles Private Limited | U25209TG2017PTC119872 | |
| Gealan Private Limited | U74999TG2020PTC146561 |
To see the full group structure of Veka Private Limited, buy the company report.
Employees & EPFO
Veka Private Limited has a workforce of 349 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Veka has 8 GST registrations: 5 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AACCN6913E1ZM | Telangana | Active | 01 Jul 2017 |
| 36AACCN6913E2ZL | Telangana | Active | 03 Apr 2025 |
| 09AACCN6913E1ZJ | Uttar Pradesh | Active | 01 Jul 2017 |
| 29AACCN6913E1ZH | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Veka Private Limited, buy the company report.
Recent activity
Veka Private Limited has 21 board changes on record since 2008: 5 appointments and 16 cessations. The latest: Satya Subram Kapula ceased to be Additional Director on 10 Jun 2022.
24 earlier events are in the company report.
Frequently asked questions
Veka is an active private limited company based in Hyderabad, Telangana, India. The company works in fittings and components, within the manufacturing industry. It was incorporated on 07 February 2008 (18+ years old) and is registered under CIN U72100TG2008PTC057474.
Veka has 5 current directors and KMP:
- Upadrashta Satyanarayana Murthy - Managing Director
- Ashven Datla - Director
- Andreas Hartleif - Director
- Matthias Koch - Director
- Sai Mahesh Munikonda - Cfo
The latest financial statements of Veka on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 27 June 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Veka is 36AACCN6913E1ZM, registered in Telangana. The company has 8 GST registrations in all, of which 5 are active and 3 are cancelled or inactive. Other active GSTINs include 36AACCN6913E2ZL (Telangana), 09AACCN6913E1ZJ (Uttar Pradesh), 29AACCN6913E1ZH (Karnataka).
The CIN (Corporate Identification Number) of Veka is U72100TG2008PTC057474. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Veka has 48 court cases on record: 40 filed by the company and 8 filed against it. 10 are pending. Most are in the district courts.
Veka was incorporated on 07 February 2008, making it 18+ years old. It is registered with the Registrar of Companies, Hyderabad.
Veka has 13 deals on record (10 secondary share transfers, 3 funding rounds), with disclosed funding of ₹27.19 Cr; the latest was in February 2025.
The peers of Veka by revenue are Mayraj Pipes & Products Private Limited, Kisan Irrigations and Infrastructure Limited, Watertec (India) Private Limited, Sangir Plastics Pvt Ltd, Texmo Pipes and Products Limited, all in the Manufacturing industry (Fittings), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Satya Subram Kapula ceased to be Additional Director on 10 Jun 2022. Ashven Datla ceased to be Managing Director on 01 Apr 2022. Upadrashta Satyanarayana Murthy ceased to be Whole-Time Director on 01 Apr 2022. Veka has 21 board changes on record in total.
Veka has 6 MSME Form 1 returns on record between 2019 and 2022, listing 98 overdue payments to 20 micro and small suppliers. The latest return was filed on 29 Oct 2022.
Veka can be reached through the website nclveka.com. Its registered office is in Hyderabad, Telangana, India.