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Ve commercial vehicles limited

Active
CIN: U74900DL2008PLC175032 Reg: 175032 ROC Delhi Est. 2008-03-07 ✉ [email protected] 🌐 vecv.in
📍 3rd Floor-Select Citywalk A-3 District Centre, Saket, NA, New Delhi, Delhi 110017, India
About VE Commercial Vehicles Ltd.

VE Commercial Vehicles Limited (VECV) is a joint venture established in July 2008 between the Volvo Group and Eicher Motors Limited. The company is a significant player in modernizing India's commercial transportation industry. VECV employs over 11,000 people and operates across 94 locations, offering commercial vehicles in India.

Annual Revenue
500+ Crore INR

Company Overview

CategoryCompany limited by shares
ClassPublic
Sub-CategoryNon-government company
ListedUnlisted
Age17 years, 0 months, 6 days
Auth. Capital₹10,00,00,000
Paid-Up Capital₹10,00,00,000
Last AGM10-06-2024
Last Balance Sheet31-03-2024

Business Activity

NIC Code749
SectorBusiness activities n.e.c.
DivisionOther professional; scientific and technical activities
GroupOther professional; scientific and technical activities n.e.c.

Profit & Loss (Cr.)

Year-wise financial performance. All values in Indian Rupees Crore (Cr.).

Financial Year Paid Up Capital Net Worth Total Income Total Expense Profit Before Tax Income Tax Profit After Tax
2024 10.00 4742.76 22099.81 20831.79 1268.02 445.37 822.65
2023 10.00 4098.95 19089.83 18203.08 886.75 310.66 576.09
2022 10.00 3603.84 12768.85 12597.52 171.33 64.11 107.22
2021 10.00 3548.26 8698.26 8615.08 83.18 28.67 54.51
2020 10.00 3487.62 8580.71 8529.07 51.64 -7.68 59.32
2019 10.00 3582.49 11685.34 11004.66 680.68 200.05 480.63
2018 10.00 3247.58 10108.68 9456.66 652.02 178.47 473.55
2017 10.00 2889.85 8545.94 8103.32 442.62 95.24 347.38
2016 10.00 2539.97 9593.58 9091.86 485.22 111.22 374.00
2014 10.00 2315.91 5725.07 5481.23 243.84 51.59 192.25

Financial Performance Over the Years

Current Directors & Key Managerial Personnel

Directors currently active in Ve commercial vehicles limited.

DIN Name Designation Appointed On Wealth Segment Current Directorships
*****3073E PRAVEEN KUMAR JAIN Company Secretary 2011-04-29 – –
06391543 JOACHIM HENRY ROSENBERG Director 2020-06-04 – –
00037645 SIDDHARTHA VIKRAM LAL Director 2016-10-26 – 12
00038906 VINOD KUMAR AGGARWAL Managing Director 2017-05-05 – 8
02202542 RAUL RAI Director 2009-04-29 – 4
06516556 SOFIA HELENA FRANDBERG Director 2023-06-19 – 2
*****3914Q VINOD KUMAR AGGARWAL CEO 2017-05-05 – –
*****9681E KEN BO REINHOLD TROLLE CFO 2022-05-01 – –
00074392 LILA FIROZ POONAWALLA Director 2023-04-29 – 8
07114750 INDER MOHAN SINGH Director 2019-05-09 – 2
10499711 JAN PETER HJELMGREN Additional Director 2024-02-19 – 1

Past Directors & Key Managerial Personnel

Former directors who have ceased their association with Ve commercial vehicles limited.

DIN Name Designation Appointed On Wealth Segment Cessation Date
06391543 JOACHIM HENRY ROSENBERG Additional Director - – 2020-06-04
06391543 JOACHIM HENRY ROSENBERG Director - – 2015-01-29
07082338 CHRISTOPHE JEAN LOUIS MARTIN Additional Director - – 2015-01-29
07082338 CHRISTOPHE JEAN LOUIS MARTIN Director - – 2016-10-26
07635762 JACQUES PIERRE MARIE MICHEL Additional Director - – 2017-05-05
07635762 JACQUES PIERRE MARIE MICHEL Director - – 2019-11-07
08599678 JAN GUSTAV GURANDER Additional Director - – 2020-06-04
08599678 JAN GUSTAV GURANDER Director - – 2023-05-09
00037645 SIDDHARTHA VIKRAM LAL Director - – 2008-05-26
00037645 SIDDHARTHA VIKRAM LAL Managing Director - – 2016-10-26
00038906 VINOD KUMAR AGGARWAL Additional Director - – 2016-10-26
00038906 VINOD KUMAR AGGARWAL Director - – 2008-05-26
00038906 VINOD KUMAR AGGARWAL Managing Director - – 2017-05-04
02202542 RAUL RAI Additional Director - – 2009-04-29
06516556 SOFIA HELENA FRANDBERG Additional Director - – 2023-05-15
05195444 HAKAN SVEN KARLSSON Additional Director - – 2017-05-05
05195444 HAKAN SVEN KARLSSON Director - – 2020-04-01
00035613 RAVI SIKKA Director - – 2008-05-26
00074392 LILA FIROZ POONAWALLA Additional Director - – 2021-05-26
00074392 LILA FIROZ POONAWALLA Director - – 2021-03-29
02170139 PRATEEK JALAN Additional Director - – 2009-04-29
02170139 PRATEEK JALAN Director - – 2018-10-13
02200430 BERTIL JOHN THOREN Additional Director - – 2009-04-29
02200430 BERTIL JOHN THOREN Director - – 2015-03-25
02289657 MRITYUNJAYA SINGH Alternate Director - – 2010-07-21
00688141 KAMAL BALI Alternate Director - – 2017-08-10
05195448 PHILIPPE DIVRY Additional Director - – 2012-02-04
05195448 PHILIPPE DIVRY Director - – 2024-02-05

Open Charges

Charge ID10284524
HolderHDFC BANK LIMITED
Amount₹50,00,00,000
Created09-04-2011
AssetsBook debts; Floating charge; Stocks and book debts.
Charge ID10167020
HolderICICI BANK LIMITED
Amount₹1,00,00,00,000
Created17-03-2009
AssetsBook debts; Floating charge; Current Assets
Charge ID10138650
HolderKOTAK MAHINDRA BANK LIMITED
Amount₹80,00,00,000
Created31-12-2008
AssetsBook debts; Floating charge
Charge ID10131448
HolderSTANDARD CHARTERED BANK
Amount₹40,00,00,000
Created20-11-2008
Assetsnull
Charge ID100336813
HolderState Bank of India
Amount₹3,00,00,00,000
Created23-04-2020
AssetsBook debts; Floating charge; Movable property (not being pledge); Other movable current assets
Charge ID100430013
HolderHDFC BANK LIMITED
Amount₹20,00,00,000
Created03-03-2021
AssetsFixed deposit Account
Charge ID100731534
HolderKOTAK MAHINDRA BANK LIMITED
Amount₹40,00,00,000
Created31-05-2023
Assetsnull
Charge ID100968659
HolderICICI BANK LIMITED
Amount₹2,75,00,00,000
Created09-08-2024
Assetsnull

Satisfied Charges

Charge ID10193575
HolderThe Hongkong and Shanghai Banking Corporation Limited
Amount₹20,00,00,000
Created11-12-2009
Satisfied07-10-2015
Assetsnull
Charge ID10235254
HolderState Bank of India
Amount₹10,00,00,000
Created13-08-2010
Satisfied25-02-2014
AssetsMovable property (not being pledge)
Charge ID10148873
HolderState Bank of India
Amount₹45,00,00,000
Created19-02-2009
Satisfied15-04-2013
AssetsBook debts; Movable property (not being pledge)
Charge ID10162877
HolderICICI BANK LIMITED
Amount₹49,00,50,000
Created29-05-2009
Satisfied18-01-2012
AssetsImmovable property or any interest therein; Movable property (not being pledge)
Charge ID100408782
HolderKOTAK MAHINDRA BANK LIMITED
Amount₹2,50,00,00,000
Created28-12-2020
Satisfied17-02-2022
AssetsMovable property (not being pledge)
Charge ID100430014
HolderHDFC BANK LIMITED
Amount₹1,50,00,00,000
Created03-03-2021
Satisfied18-07-2022
AssetsBook debts; Floating charge; Movable property (not being pledge); Stock in Trade, Plant and machinery

Employee Trend (PF)

Monthly EPF contribution data showing employee headcount and wages paid.

Month Employee Count Amount Paid (EPF)
JUL-23 7757 ₹4,18,31,603
AUG-23 7132 ₹3,79,22,193
SEP-23 6793 ₹3,78,13,416
OCT-23 6549 ₹3,71,91,036
NOV-23 6810 ₹3,76,52,076
DEC-23 6937 ₹3,75,63,939
JAN-24 6870 ₹3,76,18,033
FEB-24 6950 ₹3,78,58,693
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About VE Commercial Vehicles Ltd.

Ve commercial vehicles limited (CIN: U74900DL2008PLC175032) is a active public company incorporated on 2008-03-07, registered under ROC Delhi. The company operates in the business activities n.e.c. sector (NIC Code: 749).

For financial year 2024, Ve commercial vehicles limited reported a total income of ₹2,20,99,80,00,000, placing it in the 500+ Crore INR revenue bracket .

The company has 11 current directors : PRAVEEN KUMAR JAIN , JOACHIM HENRY ROSENBERG , SIDDHARTHA VIKRAM LAL , VINOD KUMAR AGGARWAL , RAUL RAI , SOFIA HELENA FRANDBERG , VINOD KUMAR AGGARWAL , KEN BO REINHOLD TROLLE , LILA FIROZ POONAWALLA , INDER MOHAN SINGH , JAN PETER HJELMGREN . 28 past directors are also on record.

Registered Address: 3rd Floor-Select Citywalk A-3 District Centre, Saket, NA, New Delhi, Delhi 110017, India

Ve commercial vehicles limited CIN Ve commercial vehicles limited directors list Ve commercial vehicles limited annual revenue 2024 Ve commercial vehicles limited ROC filing Ve commercial vehicles limited profit loss statement Ve commercial vehicles limited net worth VE Commercial Vehicles Ltd. revenue VE Commercial Vehicles Ltd. directors PRAVEEN KUMAR JAIN DIN *****3073E net worthJOACHIM HENRY ROSENBERG DIN 06391543 net worthSIDDHARTHA VIKRAM LAL DIN 00037645 net worthVINOD KUMAR AGGARWAL DIN 00038906 net worthRAUL RAI DIN 02202542 net worthSOFIA HELENA FRANDBERG DIN 06516556 net worthVINOD KUMAR AGGARWAL DIN *****3914Q net worthKEN BO REINHOLD TROLLE DIN *****9681E net worthLILA FIROZ POONAWALLA DIN 00074392 net worthINDER MOHAN SINGH DIN 07114750 net worthJAN PETER HJELMGREN DIN 10499711 net worth Business activities n.e.c. companies India private limited company ROC Delhi