Veto Retails Private Limited
About Veto Retails Private Limited
Data last updated:
Veto Retails Private Limited is a private limited company based in Jaipur, Rajasthan, 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 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 U52190RJ2008PTC026195.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mukesh Gurnani and Akshay Kumar Gurnani.
Its last annual general meeting (AGM) was held on 27 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 230 Raja Park Sindhi Colony Adarsh Nagar, Jaipur, Rajasthan, India – 302004.
As per MCA filings, the company has open charges of ₹3.65 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Veto Retails Private Limited's registered office is in Jaipur, Rajasthan. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address230 Raja Park Sindhi Colony Adarsh Nagar, Jaipur, Rajasthan, India – 302004
- IndustryManufacturing, Cable & Wire
To see the full contact details of Veto Retails 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 Retails 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 |
Financials of Veto Retails Private Limited
FY 2024 filings availableVeto Retails Private Limited reported revenue of ₹8,000 (down 99% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 37% over five years, including a 99% fall 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
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Financial Ratios
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To see the full financial statements and ratios of Veto Retails Private Limited, buy the company report.
Board of directors of Veto Retails Private Limited
Veto Retails has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mukesh Gurnani Also directs: Grand Bambolim Suites LLP, Veto Urbangaon Developers LLP, VRS Forts and Palace LLP and 5 more | Director | 29 Sep 2014 | 12 Years 1 Months | Current |
| Akshay Kumar Gurnani Also directs: Veto Urbangaon Developers LLP, VRS Forts and Palace LLP, VNB Appliances Private Limited and 5 more | Director | 22 Feb 2017 | 9 Years 8 Months | Current |
Peer comparison
Veto Retails Private Limited is compared with the 4 companies closest to it by revenue in the Manufacturing industry (Cables and Wires), 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 |
|---|---|---|---|---|---|---|
| R K Electrowires Private Limited | ₹9,703 (FY 2023) | -27.0% | Delhi, India | |||
| Shuchi Alloys & Conductors Technologies Private Limited | ₹9,229 (FY 2025) | 29404.0% | Secunderabad, Telangana, India | |||
| Kanchan Cables Private Limited | ₹9,000 (FY 2024) | Jaipur, Rajasthan, India | ||||
| Veto Retails Private Limitedthis company | ₹8,000 (FY 2024) | -99.0% | Jaipur, Rajasthan, India | |||
| Sagar Conductors Private Limited | ₹7,429 (FY 2025) | -6.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Veto Retails Private Limited, buy the company report.
Auditor
Veto Retails 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 Retails 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) | |||||
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| Others |
To see the full shareholding pattern of Veto Retails Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Jun 2009 | 10170356 | Bank of Baroda | ₹3.65 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Veto Retails 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 Retails Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Veto Retails Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Veto Retails Private Limited has 7 board changes on record since 2011: 2 appointments and 5 cessations. The latest: Akshay Kumar Gurnani ceased to be Additional Director on 25 Sep 2018.
Frequently asked questions
Veto Retails 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 U52190RJ2008PTC026195.
Veto Retails has 2 current directors:
- Mukesh Gurnani - Director
- Akshay Kumar Gurnani - Director
The latest financial statements of Veto Retails on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 27 September 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Veto Retails is U52190RJ2008PTC026195. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Veto Retails was incorporated on 24 March 2008, making it 18+ years old. It is registered with the Registrar of Companies, Jaipur.
The peers of Veto Retails by revenue are R K Electrowires Private Limited, Shuchi Alloys & Conductors Technologies Private Limited, Kanchan Cables Private Limited, Sagar Conductors Private Limited, all in the Manufacturing industry (Cables and Wires), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Akshay Kumar Gurnani ceased to be Additional Director on 25 Sep 2018. Akshay Kumar Gurnani was appointed as Director on 22 Feb 2017. Vishnu Kumar Gurnani ceased to be Director on 22 Feb 2017. Veto Retails has 7 board changes on record in total.
The registered office of Veto Retails is at 230 Raja Park Sindhi Colony Adarsh Nagar, Jaipur, Rajasthan, India – 302004.
Veto Retails operates in the manufacturing industry, in the cable and wire segment.
Veto Retails has open charges of ₹3.65 Cr and no satisfied charges on record as per latest MCA filings.
The compliance status of Veto Retails is compliant as of 15 September 2026. The company is actively filing with the Registrar of Companies.
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