About Veto Electricals Private Limited
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Veto Electricals Private Limited is a private limited company based in Jaipur, Rajasthan, India, a subsidiary of Veto Switchgears And Cables Limited. It operates in the cable and wire segment of the manufacturing sector. It was incorporated on 24 March 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U31300RJ2008PTC026189. Its GSTIN is 08AACCV6915E1ZB (Rajasthan).
The company has an authorised share capital of ₹9 Cr and a paid-up capital of ₹9 Cr. It is led by directors including Govind Ram Thawani and Jitendra Kumar.
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 4th Floor Days Hotel Plot No 10 Airport Plaza Scheme Behind Radisson Blu Tonk Road, Jaipur, Rajasthan, India – 302018.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.62 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹30.77 Lakh (net margin 2.6%) and EBITDA of ₹1.22 Cr (EBITDA margin 10.5%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 8% over five years.
The company has about 7 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹10.88 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vetoswitchgears.com.
Company details
Contact details
Veto Electricals Private Limited's registered office is in Jaipur, Rajasthan. Its website is vetoswitchgears.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address4th Floor Days Hotel Plot No 10 Airport Plaza Scheme Behind Radisson Blu Tonk Road, Jaipur, Rajasthan, India – 302018
- IndustryManufacturing, Cable & Wire
To see the full contact details of Veto Electricals 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 Electricals 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 Veto Electricals Private Limited, buy the company report.
Financials of Veto Electricals Private Limited
FY 2025 filings availableVeto Electricals Private Limited reported revenue of ₹11.62 Cr (up 15% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 15% growth in the latest year. EBITDA fell 36% 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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| EBITDA | ₹1.22 Cr | ||||
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| Net Profit (PAT) | ₹30.77 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 10.5% | ||||
| Net Profit Margin | 2.6% | ||||
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To see the full financial statements and ratios of Veto Electricals Private Limited, buy the company report.
Board of directors of Veto Electricals Private Limited
Veto Electricals has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Govind Ram Thawani | Director | 30 Jan 2013 | 13 Years 9 Months | Current |
| Jitendra Kumar | Director | 14 Nov 2014 | 11 Years 11 Months | Current |
| Akshay Kumar Gurnani Also directs: Blessings by Vishnu LLP, Akshay and Kunal Brothers LLP, Veto Urbangaon Developers LLP and 5 more | Director | 23 Jun 2017 | 9 Years 4 Months | Current |
Auditor
Veto Electricals 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 Electricals 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 Veto Electricals Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 May 2023 | 100734293 | Sbicap Trustee Company Limited | ₹10.88 Cr | Open |
To see the full charge records of Veto Electricals Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Veto Electricals 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 Electricals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Veto Electricals Private Limited has a workforce of 7 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Veto Electricals has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AACCV6915E1ZB | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Veto Electricals Private Limited, buy the company report.
Recent activity
Veto Electricals Private Limited has 11 board changes on record since 2011: 3 appointments and 8 cessations. The latest: Akshay Kumar Gurnani ceased to be Additional Director on 28 Sep 2018.
4 earlier events are in the company report.
News
Frequently asked questions
Veto Electricals is an active private limited company based in Jaipur, Rajasthan, India. The company works in cable and wire, within the manufacturing industry. It was incorporated on 24 March 2008 (18+ years old) and is registered under CIN U31300RJ2008PTC026189.
Veto Electricals has 3 current directors:
- Govind Ram Thawani - Director
- Jitendra Kumar - Director
- Akshay Kumar Gurnani - Director
The latest financial statements of Veto Electricals 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 2015 are in the company report.
The GSTIN of Veto Electricals is 08AACCV6915E1ZB, registered in Rajasthan.
The CIN (Corporate Identification Number) of Veto Electricals is U31300RJ2008PTC026189. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Veto Electricals was incorporated on 24 March 2008, making it 18+ years old. It is registered with the Registrar of Companies, Jaipur.
Akshay Kumar Gurnani ceased to be Additional Director on 28 Sep 2018. Akshay Kumar Gurnani was appointed as Director on 23 Jun 2017. Dinesh Gurnani ceased to be Director on 23 Jun 2017. Veto Electricals has 11 board changes on record in total.
Veto Electricals can be reached through the website vetoswitchgears.com. Its registered office is in Jaipur, Rajasthan, India.
The registered office of Veto Electricals is at 4th Floor Days Hotel Plot No 10 Airport Plaza Scheme Behind Radisson Blu Tonk Road, Jaipur, Rajasthan, India – 302018.
Veto Electricals operates in the manufacturing industry, in the cable and wire segment.
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