Veefin Solutions Limited - Company overview

Veefin is an MCA-registered Indian company: a Public Limited Indian Non-Government Company (CIN L72900MH2020PLC347893). Business overview in…

2020-10-14 Mumbai, Maharashtra Active Listed Active Compliant
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VS Veefin Solutions Limited
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Key Metrics

AUTHORISED CAPITAL
30.00 cr
PAID-UP CAPITAL
24.39 cr
COMPANY AGE
5 Years 7 Months
since 2020-10-14
LAST FILING WITH ROC
2024-03-31
Last AGM: 2024-09-27
OPEN CHARGES
4
-
SATISFIED CHARGES
-
-
REVENUE
PROFIT / LOSS
EBITDA
NET WORTH
TOTAL ASSETS
TOTAL MONEY RAISED
ACTIVE GST
1
Updated: 2023-02-26 04:03:37

About Veefin

Veefin is an MCA-registered Indian company: a Public Limited Indian Non-Government Company (CIN L72900MH2020PLC347893). Business overview includes Printing & Publishing (Publishing), incorporated on October 14, 2020 (6+ years old), headquartered in Mumbai, Maharashtra, India. The company is currently Active with Active Compliant compliance status. For FY 2023, the company reported revenue of ₹13.44 Cr with a profit of ₹3.79 Cr. It has 11 active directors. The company employs approximately 124 people.

Publishing Software Application Software System Software Games
  • Location Global One, 2Nd Floor, Office 1, Cts No 252 252 1, Mumbai, Maharashtra - 400070
  • Website veefin.com
CIN / LLPINL72900MH2020PLC347893
Company No.347893
ClassificationPublic Limited Indian Non-Government Company
Incorporation Date2020-10-14
Date of AGM2024-09-27
Date of Balance Sheet2024-03-31
Listing StatusListed
ROC CodeRoc Mumbai
PAN
LEI Number
Active ComplianceActive Compliant

Financial Performance of Veefin

Revenue Over The Year
2019 · 2020 · 2021 · 2022 · 2023 · 2024 · 2025
Growth (7 Year) ▲ 38.3% Growth (3 Year) ▼ -9.9%
Profit/Loss Over The Year
2019 · 2020 · 2021 · 2022 · 2023 · 2024 · 2025
Growth (7 Year) ▼ 65.1% Growth (3 Year) ▼ 60.7%
Values are in Mixed (K, L, Cr)
Metrics FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019
Revenue 2,20,083.04 cr2,35,431.21 cr2,51,890.00 cr2,18,400.00 cr1,95,200.00 cr1,72,000.00 cr1,59,000.00 cr
Profit/Loss 13,969.70 cr 4,810.00 cr 12,200.00 cr 9,100.00 cr -8,200.00 cr 3,200.00 cr 5,100.00 cr
Cash & Bank Balance 38,200.00 cr35,100.00 cr32,000.00 cr28,500.00 cr25,200.00 cr22,000.00 cr19,800.00 cr
Net Worth 1,26,731.94 cr1,37,500.00 cr1,40,200.00 cr1,28,000.00 cr1,15,000.00 cr1,02,000.00 cr95,000.00 cr
EBITDA 27,865.49 cr29,800.00 cr30,200.00 cr27,000.00 cr24,500.00 cr22,000.00 cr20,100.00 cr

Financial Ratios

Revenue P/L EBITDA

Values in Crores (Cr) - illustrative trend

FY 2021 - FY 2025
Key Insights (FY 2025)
Revenue2,20,083.04 cr ▼ 6.5%
Profit/Loss13,969.70 cr ▲ 190.6%
EBITDA27,865.49 cr
Net Profit Margin10.54%
Debt/Equity0.47
Current Ratio0.88
Return on Equity12.3%
Ratio FY 2025FY 2024FY 2023FY 2022FY 2021
Net Profit Margin10.543.202.101.800.50
Debt to EBITDA2.141.901.701.501.20
Interest Coverage Ratio0.470.500.450.400.35
Debt to Equity0.880.900.850.800.75
Return on Equity12.103.002.001.500.20
Current Ratio1.201.151.101.050.99
Quick Ratio0.950.920.880.850.80
EBITDA Margin12.0010.008.007.005.00
Return on Capital Employed8.002.001.000.200.00
Earning Per Share4.000.000.000.000.00

Shareholding Pattern

Shareholding Pattern (FY 2025)
  • Promoters 33.19%
  • DII 23.22%
  • FII 18.28%
  • Public 22.89%
  • Others 2.42%
Shareholding Pattern over the Year
Category 20252024202320222021
Promoters33.19%33.50%33.80%34.00%34.41%
DII23.22%22.90%22.50%22.10%21.80%
FII18.28%18.00%17.60%17.20%16.90%
Public22.89%23.10%23.50%24.00%24.20%
Others2.42%2.50%2.60%2.70%2.69%
Subsidiaries Company (6)
TAYO ROLLS LIMITED
54.91% held
THE TATA PIGMENTS LIMITED
100% held
CERAMAT PRIVATE LIMITED
90% held
BHUSHAN STEEL (SOUTH) LIMITED
100% held
NEELACHAL ISPAT NIGAM LTD
99.68% held
TATA STEEL DOWNSTREAM PRODUCTS LIMITED
100% held

EPFO Establishments (1)

MRNOI0019835000 Closed/All Member Excluded
StatusCode No Allotted Was Before Online Registration Started.
ActivityPaper
StateUttar Pradesh
Coverage07-JUN-1995

Current Directors (11)

A
Director | Since 2023-11-06
G
Whole-time director | Since 2020-10-14
G
Director | Since 2024-08-26
B
Director | Since 2024-08-26
A
Director | Since 2020-12-17
R
Managing Director | Since 2020-10-14

Charges Overview

Others : 120.00 cr
Open Charges: 4 Satisfied Charges: 0
Open 0
Satisfied 0
LenderAmountStatus
Others
Creation Date: 04 Sep 2025
9.00 cr Open
Others
Creation Date: 04 Sep 2025
21.00 cr Open
Others
Creation Date: 31 Jul 2025
65.00 cr Open

Business Activity

Activity GroupDescriptionTurnover %
Information and communication-100.00
Information and communication-100

Flagged By Authority

Regulatory and exchange flags (preview)

Frequently Asked Questions about Veefin
What is CIN of Veefin?
The Corporate Identification Number (CIN) for Veefin is L72900MH2020PLC347893. CIN is a distinct identification code allotted by the Registrar of Companies (ROC) under the Ministry of Corporate Affairs (MCA). The company registration number is 347893 as per MCA.
When was Veefin incorporated?
Veefin was incorporated 5 years 7 months ago on 14 Oct 2020.
What is paid-up capital and authorised share capital of Veefin?
The paid-up capital of Veefin is ₹ 243,934,070.00 and authorised share capital is ₹ 300,000,000.00.
Who are the current board members and directors of Veefin?
Currently 11 directors are associated with Veefin: Afzal Mohammed Modak, Gautam Vijay Udani, Gourav Saraf, Bhavesh Shamji Chheda, Ajay Babu Rajendran, Raja Debnath, Payal Mehul Maisheri, Deepti Sharma, Matthew Simon Gamser, Urja Harsh Thakkar, Amit Futarmal Jain.
  • Afzal Mohammed Modak
  • Gautam Vijay Udani
  • Gourav Saraf
  • Bhavesh Shamji Chheda
  • Ajay Babu Rajendran
  • Raja Debnath
  • Payal Mehul Maisheri
  • Deepti Sharma
  • Matthew Simon Gamser
  • Urja Harsh Thakkar
  • Amit Futarmal Jain
What is the registered address of Veefin?
As per Ministry of Corporate Affairs (MCA), the registered address of Veefin is Global One, 2Nd Floor, Office 1, Cts No 252 252 1, Opp Sbi, Lbs Marg, Kurla(W), Mumbai, Maharashtra, 400070, India.
What is the official website of Veefin?
The official website of Veefin is https://veefin.com.
What is the ROC code of Veefin?
Veefin ROC code is Roc Mumbai.
What is the company classification of Veefin?
Veefin is classified as Public Limited Indian Non-Government Company.
Veefin - is it listed or unlisted?
Veefin is a Listed company.
What is the current status of Veefin?
Veefin is currently Active and registered in Mumbai, Maharashtra, India.
What industry or business activity is Veefin associated with?
Veefin lists activity aligned with: Printing & Publishing - Publishing - Information and communication. See the Overview and Competition sections for fuller industry context.
How many employees does Veefin have?
Available records indicate roughly 124 employees for Veefin. Confirm against filings and EPFO-related signals on the profile where shown.
Does Veefin have GST registrations on file?
Veefin shows 1 active GST registration signal(s) in compliance overview data. Open the Compliance tab for GSTIN and filing context when your plan allows.
Where can I see charges and lenders for Veefin?
Use the Charges tab for MCA charge filings, charge holders, and open versus satisfied charges for Veefin.
How do I contact Veefin?
Use the official website at https://veefin.com and the registered office address on this profile for corporate contact. Infyner does not publish personal customer-care numbers unless they appear in sourced company records.
What is the turnover or revenue of Veefin?
Turnover and revenue appear in filed financial statements when available. Open the Financial tab on this profile for revenue, profit or loss, balance sheet metrics, and related MCA filings - not headline estimates.
How can I get the financial details of Veefin?
You can view revenue, profit or loss, balance sheet metrics, and related filings on the Financial tab of this company profile.
What is the net worth of Veefin (last filed snapshot)?
As per the latest financial snapshot on file for FY 2023, net worth is about ₹ 43.27 Cr. Verify figures on the Financial tab and supporting filings.