Veto Electric Components Private Limited
About Veto Electric Components Private Limited
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Veto Electric Components Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Veto Electropowers (India) Private Limited. It operates in the cable and wire segment of the manufacturing sector. It was incorporated on 29 January 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U31501MH2008PTC178358.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Dinesh Gurnani and Akshay Kumar Gurnani.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 1201 B Wing 12th Floor 81 Crest Cts No. G/318, Village Bandra Linking Road Santacruz West Mumbai 400054, Maharashtra, India – 400054.
As per the financials filed for FY 2024, the company reported a revenue of ₹10,000, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1,140 (net margin 11.4%) and EBITDA of ₹1,520 (EBITDA margin 15.2%). Revenue has declined at a compounded annual rate (CAGR) of 66% over three years and 58% over five years.
Its group structure includes 1 subsidiary.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Veto Electric Components Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1201 B Wing 12th Floor 81 Crest Cts No. G/318, Village Bandra Linking Road Santacruz West Mumbai 400054, Maharashtra, India – 400054
- IndustryManufacturing, Cable & Wire
To see the full contact details of Veto Electric Components 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
Business activity
The main business activity of Veto Electric Components is manufacturing. In detail, this covers manufacture of electrical equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 27 | Manufacture of electrical equipment |
Financials of Veto Electric Components Private Limited
FY 2025 filings availableVeto Electric Components Private Limited reported revenue of ₹10,000 (up 549% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 549% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 58%. EBITDA rose 117% 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 |
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| EBITDA | ₹1,520 | ||||
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| Net Profit (PAT) | ₹1,140 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 15.2% | ||||
| Net Profit Margin | 11.4% | ||||
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To see the full financial statements and ratios of Veto Electric Components Private Limited, buy the company report.
Board of directors of Veto Electric Components Private Limited
Veto Electric Components 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 |
|---|---|---|---|---|
| Dinesh Gurnani Also directs: Sunlight Developers and Realtors LLP, Akshay and Kunal Brothers LLP, Veto Exim Private Limited and 5 more | Director | 29 Jan 2008 | 18 Years 8 Months | Current |
| Akshay Kumar Gurnani Also directs: Akshay and Kunal Brothers LLP, Veto Power Products Private Limited, Gurnani Inn Private Limited and 5 more | Director | 23 Mar 2015 | 11 Years 7 Months | Current |
Auditor
Veto Electric Components Private Limited is audited by ABHISHEK SHARMA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ABHISHEK SHARMA & CO. | FY 2023 | 012818C |
Shareholding
The shareholding of Veto Electric Components 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 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Others |
To see the full shareholding pattern of Veto Electric Components Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Veto Electric Components 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 Veto Electric Components Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Veto Electric Components has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Narayan Realhome Developers Private Limited | U70101RJ2011PTC033778 |
To see the full group structure of Veto Electric Components Private Limited, buy the company report.
GST
No GST registration is on our record for Veto Electric Components Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Veto Electric Components Private Limited has 5 board changes on record since 2008: 2 appointments and 3 cessations. The latest: Akshay Kumar Gurnani ceased to be Additional Director on 26 Sep 2015.
Frequently asked questions
Veto Electric Components is an active private limited company based in Mumbai, Maharashtra, India. The company works in cable and wire, within the manufacturing industry. It was incorporated on 29 January 2008 (18+ years old) and is registered under CIN U31501MH2008PTC178358.
Veto Electric Components has 2 current directors:
- Dinesh Gurnani - Director
- Akshay Kumar Gurnani - Director
The latest financial statements of Veto Electric Components on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Veto Electric Components is U31501MH2008PTC178358. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Veto Electric Components was incorporated on 29 January 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Akshay Kumar Gurnani ceased to be Additional Director on 26 Sep 2015. Akshay Kumar Gurnani was appointed as Director on 23 Mar 2015. Vishnu Kumar Gurnani ceased to be Director on 23 Mar 2015. Veto Electric Components has 5 board changes on record in total.
The registered office of Veto Electric Components is at 1201 B Wing 12th Floor 81 Crest Cts No. G318, Village Bandra Linking Road Santacruz West Mumbai 400054, Maharashtra, India – 400054.
Veto Electric Components operates in the manufacturing industry, in the cable and wire segment.
The compliance status of Veto Electric Components is compliant as of 11 August 2026. The company is actively filing with the Registrar of Companies.
Veto Electric Components has 1 subsidiary company including Narayan Realhome Developers Private Limited.