Veto Switchgears And Cables Limited - Company Profile

It is a consumer electronics & durables public limited company based in Vasai, Maharashtra, India, established in 2007.
2007 Vasai, Maharashtra, India Active
Last Updated:
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About Veto Switchgears And Cables Limited

Veto Switchgears And Cables Limited, a active public limited company, was established on 20 June 2007 in Vasai, Maharashtra, India. Engaging in electronics manufacturing within the manufacturing sector, it holds CIN: L31401MH2007PLC171844. Registered under ROC Roc Mumbai Ii. it is listed on BSE: 539331 and NSE: VETO. It has an authorized capital of ₹25.00 Cr and a paid-up capital of ₹19.11 Cr.

Formerly known as Veto Switchgears And Cables Private Limited. It upholds a compliant status. In 2022, it reported revenue of ₹18.40 K and a net worth of ₹18.96 K . Employing 256 professional, Its leadership includes Jyoti Gurnani (Director), Narain Das Gurnani (Nodal Officer), Hari Krishan Motwani (Director). Past directors included Narain Das Gurnani, Murlidhar Kaurani, Govind Ram Thawani. It holds ₹56.78 Cr open charges and ₹59.22 Cr settled loans. Its latest AGM occurred on 29 September 2025, with the balance sheet filed on 31 March 2025. It is based at Gala No. 2, Sanskruti,, Sagar Signature Complex, Vasai Palghar, Vasai, Maharashtra, 401208.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    L31401MH2007PLC171844

  • Registration Number

    171844

  • Incorporation Date

    20 June 2007

  • Authorized Capital

    ₹25.00 Cr

  • Paid-Up Capital

    ₹19.11 Cr

  • ROC Code

    Roc Mumbai Ii

  • Listing Status

    Listed (BSE: 539331, NSE: VETO)

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 19.11 Cr
  • Company Age 18 Year, 8 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 56.78 Cr
  • Satisfied Charges ₹ 59.22 Cr
  • Revenue Growth **** -100.00%
  • Profit Growth **** -100.00%
  • Ebitda **** -100.00%
  • Net Worth -100.00%
  • Total Assets -100.00%
Company report

Veto Switchgears And Cables Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Veto Switchgears And Cables Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Veto Switchgears And Cables Limited?
Current Directors
Name Designation Appointment Date Status
Jyoti Gurnani Director 27 Aug 2014 Current
Narain Das Gurnani Nodal Officer 10 Mar 2023 Current
Hari Krishan Motwani Director 28 Sep 2019 Current
Sanjeev Kumar Dass Director 01 Sep 2022 Current
Kanwar Jeet Singh Director 06 May 2017 Current
Akshay Kumar Gurnani Managing Director 27 Aug 2014 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 29 Sep 2017 Past
Pramod Abcsdd Director 13 Feb 2017 Past
Pramod Abcsdd Director 28 Sep 2022 Past
Pramod Abcsdd Director 01 Oct 2008 Past
Pramod Abcsdd Company Secretary - Past
Pramod Abcsdd Company Secretary 28 Sep 2013 Past

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Financial Performance of Veto Switchgears And Cables.

Veto Switchgears And Cables Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 100% decrease. The company also saw a substantial fall in profitability, with a 100% decrease in profit. The company's net worth observed a substantial decline by a decrease of 100%.

Veto Switchgears And Cables revenue growth over time
Veto Switchgears And Cables profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
********
 -100.00%
*******
*******
*******
*******
Revenue from Operations
*******
 -100.00%
*******
*******
*******
*******
Total Assets
*******
 -100.00%
*******
*******
*******
*******
Profit or Loss
*******
 -100.00%
*******
*******
*******
*******
Net Worth
*******
 -100.00%
*******
*******
*******
*******
EBITDA
*******
 -100.00%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Veto Switchgears And Cables?

In 2023, Veto Switchgears And Cables had a promoter holding of 50.08% and a public holding of 49.92%. The company had 3 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹567,848,250.00

Satisfied Charges

₹592,195,100.00

Charges Breakdown by Lending Institutions
  • Hdfc Bank Limited : 56.78 Cr
Latest Charge Details
Date Lender Amount Status
20 Jun 2025 Hdfc Bank Limited ₹1.44 M Open
20 Jun 2025 Hdfc Bank Limited ₹1.00 M Open
22 Apr 2025 Hdfc Bank Limited ₹1.09 Cr Open
29 Jan 2025 Hdfc Bank Limited ₹2.17 M Open
28 Nov 2024 Hdfc Bank Limited ₹2.90 M Open

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How Many Employees Work at Veto Switchgears And Cables?

Veto Switchgears And Cables has a workforce of 256 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Veto Switchgears And Cables, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Veto Switchgears And Cables's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Veto Switchgears And Cables
Recent Activity within the Organization
  • Annual General Meeting

    The activity Veto Switchgears And Cables Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records. was completed.

  • Charges

    Progress on A charge with Hdfc Bank Limited amounted to Rs. 0.14 Cr with Charge ID 101111857 was registered on 20 Jun 2025. was documented.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.10 Cr with Charge ID 101122720 was registered on 20 Jun 2025. was recorded as a recent event.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.09 Cr with Charge ID 101110507 was registered on 22 Apr 2025. was recorded as a recent event.

  • Balance Sheet

    The activity Veto Switchgears And Cables Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai Ii. was completed.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.22 Cr with Charge ID 101042752 was registered on 29 Jan 2025. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Veto Switchgears And Cables Limited?

The CIN of Veto Switchgears And Cables Limited is L31401MH2007PLC171844.

Where is Veto Switchgears And Cables Limited headquartered?

Veto Switchgears And Cables Limited is headquartered at Gala No. 2, Sanskruti,, Sagar Signature Complex, Vasai Palghar, Vasai, Maharashtra, 401208.

When was Veto Switchgears And Cables Limited incorporated?

Veto Switchgears And Cables Limited was incorporated on 20 June 2007.

Who are the current directors of Veto Switchgears And Cables Limited?

The current directors of Veto Switchgears And Cables Limited are

What is the primary industry of Veto Switchgears And Cables Limited?

The primary industry of Veto Switchgears And Cables Limited is Manufacturing.

Is Veto Switchgears And Cables Limited a listed company?

Veto Switchgears And Cables Limited is listed. It is listed on BSE: 539331 and NSE: VETO.

What is the capital structure of Veto Switchgears And Cables Limited?

The authorized capital of Veto Switchgears And Cables Limited is ₹25.00 Cr, and the paid-up capital is ₹19.11 Cr.

What is the compliance status of Veto Switchgears And Cables Limited?

The compliance status of Veto Switchgears And Cables Limited is Compliant.

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