Vera Developers Profile
Key Indicators
- Authorised Capital ₹ 25.00 Cr
- Paid Up Capital ₹ 10.00 Cr
- Company Age 10 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 52.30 Cr
- Satisfied Charges ₹ 15.00 Cr
- Revenue Growth 11035.59%
- Profit Growth 1626.13%
- Ebitda 40019.71%
- Net Worth 261.08%
- Total Assets -22.32%
About Vera Developers
Vera Developers Private Limited (VDPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 17 June 2014 and has a history of Ten years and nine months. Its registered office is in Muktsar, Punjab, India.
The Company is engaged in the Food And Beverages Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 25.00 Cr and a paid-up capital of Rs 10.00 Cr.
The company currently has active open charges totaling ₹52.30 Cr. The company has closed loans amounting to ₹15.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Vishal Kumar and Kartik Budhiraja serve as directors at the Company.
Company Details
- Location
Muktsar, Punjab, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U70109PB2014PTC038679
- Company No.
038679
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
17 Jun 2014
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Food and Beverages
Real Estate and Construction
Who are the key members and board of directors at Vera Developers?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vishal Kumar  | Director | 10-Dec-2021 | Current |
| Kartik Budhiraja | Director | 20-Mar-2017 | Current |
Financial Performance of Vera Developers.
Vera Developers Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 11035.59% increase. The company also saw a substantial improvement in profitability, with a 1626.13% increase in profit. The company's net worth Soared by an impressive increase of 261.08%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Vera Developers?
In 2023, Vera Developers had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Vera Farm Retails LlpVishal Kumar and Kartik Budhiraja are mutual person
- Vera Heights Private Limited
Vishal Kumar and Kartik Budhiraja are mutual person
- Vera Bhumi Developers Private Limited
Vishal Kumar and Kartik Budhiraja are mutual person
Charges (Loans)
Open Charges
₹52.30 Cr
Satisfied Charges
₹15.00 Cr
Charges Breakdown by Lending Institutions
- Others : 47.00 Cr
- Hdfc Bank Limited : 4.50 Cr
- Axis Bank Limited : 0.80 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Jun 2024 | Others | ₹28.00 Cr | Open |
| 19 Mar 2024 | Others | ₹5.00 Cr | Open |
| 28 Feb 2024 | Others | ₹14.00 Cr | Open |
| 07 Jan 2023 | Hdfc Bank Limited | ₹4.50 Cr | Open |
| 09 Apr 2021 | Axis Bank Limited | ₹7.95 M | Open |
How Many Employees Work at Vera Developers?
Vera Developers has a workforce of 3 employees as of Apr 01, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Vera Developers, 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 Vera Developers's trajectory.
Rating
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
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 Vera Developers
Recent activity within the organization
- Annual General Meeting
Vera Developers Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge with Others amounted to Rs. 28.00 Cr with Charge ID 100944523 was registered on 14 Jun 2024.
- Charges
A charge registered on 30 Mar 2023 via Charge ID 100698025 with State Bank Of India was fully satisfied on 13 Jun 2024.
- Balance Sheet
Vera Developers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
- Charges
A charge with Hdfc Bank Limited of Rs. 4.50 Cr registered on 07 Jan 2023 with Charge ID 100690553 was modified on 27 Mar 2024.
- Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100885281 was registered on 19 Mar 2024.
Frequently asked questions
What is the Incorporation or founding date of Vera Developers Private Limited?
Vera Developers Private Limited was incorporated on 17 Jun 2014.
What is authorized share capital and paid-up capital of Vera Developers Private Limited?
The authorized share capital of Vera Developers Private Limited is ₹ 25.00 Cr and paid-up capital is ₹ 10.00 Cr.
Who are the current board members & directors of Vera Developers Private Limited?
Currently 2 directors are associated with Vera Developers Private Limited.
- Vishal Kumar
- Kartik Budhiraja
What is the registered address of Vera Developers Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Vera Developers Private Limited is Bura Gujjar Road Village Kotli Devan India, Muktsar, Punjab, 152026.
What is the corporate identification number (CIN) and company number of Vera Developers Private Limited?
The corporate identification number (CIN) of Vera Developers Private Limited is U70109PB2014PTC038679 and the company number is 038679 as per Ministry of Corporate Affairs (MCA).
What is the official website of Vera Developers Private Limited?
The Official website of Vera Developers Private Limited is https://www.lokawas.com
What has been the recent revenue trend for Vera Developers Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Vera Developers Private Limited has risen by 11035.59%.
How many employees does Vera Developers Private Limited currently have?
As Per 2023 financial reports, 3 employees are currently employed by Vera Developers Private Limited.
What change has been observed in the net worth of Vera Developers Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Vera Developers Private Limited has experienced an upsurge of 261.08%.
What are the total open charges for Vera Developers Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Vera Developers Private Limited amount to ₹ 52.30 Cr.
When was the last Balance Sheet of Vera Developers Private Limited filed with the ROC?
The most recent Balance Sheet for Vera Developers Private Limited was filed with the ROC on 31 Mar 2024.
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