Veerat Finance And Investment Limited

Founded in 1994 and headquartered in Telangana, India.

1994 | Hyderabad, Telangana (India) | Active
Last Updated:

Veerat Finance And Investment Profile

Key Indicators

  • Authorised Capital ₹ 9.00 Cr
  • Paid Up Capital ₹ 8.46 Cr
  • Company Age 30 Year, 6 Months
  • Last Filing with ROC 31 Mar 2022
  • Open Charges ₹ 9.80 Cr
  • Revenue Growth -72.89%
  • Profit Growth -124.31%
  • Ebitda -120.16%
  • Net Worth -2.59%
  • Total Assets 0.21%

About Veerat Finance And Investment

Veerat Finance And Investment Limited (VFAIL) is a Public Limited Indian Non-Government Company incorporated in India on 27 October 1994 and has a history of 30 years and six months. Its registered office is in Hyderabad, Telangana, India.

The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2022. It's a company limited by shares with an authorized capital of Rs 9.00 Cr and a paid-up capital of Rs 8.46 Cr.

The company currently has active open charges totaling ₹9.80 Cr.

Bangaru Srikakarlapudi, Mantena Raju, and Krishna Srikakarlapudi serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65921TG1994PLC018639

  • Company No.

    018639

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    27 Oct 1994

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Financial Services
Company report

Veerat Finance And Investment Limited

Explore comprehensive data for Veerat Finance And Investment Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Veerat Finance And Investment?

Board Members (3)

NameDesignationAppointment DateStatus
Bangaru Srikakarlapudi Country flag representing In Director 21-Jun-2004Current
Mantena Raju Country flag representing In Director 02-Jan-2016Current
Krishna Srikakarlapudi Country flag representing In Director 27-Oct-1994Current

Financial Performance of Veerat Finance And Investment.

Veerat Finance And Investment Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 72.89% decrease. The company also saw a substantial fall in profitability, with a 124.31% decrease in profit. The company's net worth dipped by a decrease of 2.59%.

Veerat Finance And Investment revenue growth over time
Veerat Finance And Investment profit and loss trends over time
  • 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
-72.89%
Revenue from Operations
-63.41%
Total Assets
0.21%
Profit or Loss
-124.31%
Net Worth
-2.59%
EBITDA
-120.16%

What is the Ownership and Shareholding Structure of Veerat Finance And Investment?

In 2022, Veerat Finance And Investment had a promoter holding of 70.34% and a public holding of 29.66%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹9.80 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 9.80 Cr

Latest Charge Details

DateLenderAmountStatus
25 Oct 2001State Bank Of India₹9.80 CrOpen

How Many Employees Work at Veerat Finance And Investment?

Unlock and access historical data on people associated with Veerat Finance And Investment, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Veerat Finance And Investment Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Veerat Finance And Investment, 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 Veerat Finance And Investment'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.

Latest Updates, News, and FAQs on Veerat Finance And Investment

Recent activity within the organization

  • Annual General Meeting

    Veerat Finance And Investment Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

  • Balance Sheet

    Veerat Finance And Investment Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Hyderabad.

  • Director Appointment

    Mantena Bangara Raju was appointed as a Director was appointed as a Director on 02 Jan 2016 & has been associated with this company since 9 years 4 months .

  • Director Appointment

    Bangaru Raju Srikakarlapudi was appointed as a Director was appointed as a Director on 21 Jun 2004 & has been associated with this company since 20 years 10 months .

  • Charges

    A charge with State Bank Of India amounted to Rs. 9.80 Cr with Charge ID 90367847 was registered on 25 Oct 2001.

  • Director Appointment

    Krishna Veni Srikakarlapudi was appointed as a Director was appointed as a Director on 27 Oct 1994 & has been associated with this company since 30 years 6 months .

Frequently asked questions

  • What is the Incorporation or founding date of Veerat Finance And Investment Limited?

    Veerat Finance And Investment Limited was incorporated on 27 Oct 1994.

  • What is authorized share capital and paid-up capital of Veerat Finance And Investment Limited?

    The authorized share capital of Veerat Finance And Investment Limited is ₹ 9.00 Cr and paid-up capital is ₹ 8.46 Cr.

  • Who are the current board members & directors of Veerat Finance And Investment Limited?

    Currently 3 directors are associated with Veerat Finance And Investment Limited.

    • Bangaru Raju Srikakarlapudi
    • Mantena Bangara Raju
    • Krishna Veni Srikakarlapudi
  • What is the registered address of Veerat Finance And Investment Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Veerat Finance And Investment Limited is Lake View Plaza 5Th Floor Plot No. 127 128 Amar Co-Op. Society Near Durgam Cheruvu, Madhapur India, Hyderabad, Telangana, 500033.

  • What is the corporate identification number (CIN) and company number of Veerat Finance And Investment Limited?

    The corporate identification number (CIN) of Veerat Finance And Investment Limited is U65921TG1994PLC018639 and the company number is 018639 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Veerat Finance And Investment Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Veerat Finance And Investment Limited has fallen by -72.89%.

  • What change has been observed in the net worth of Veerat Finance And Investment Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Veerat Finance And Investment Limited has experienced an downturn of -2.59%.

  • What are the total open charges for Veerat Finance And Investment Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Veerat Finance And Investment Limited amount to ₹ 9.80 Cr.

  • When was the last Balance Sheet of Veerat Finance And Investment Limited filed with the ROC?

    The most recent Balance Sheet for Veerat Finance And Investment Limited was filed with the ROC on 31 Mar 2022.

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