Veranda Learning Solutions Profile
Key Indicators
- Authorised Capital ₹ 100.00 Cr
- Paid Up Capital ₹ 71.37 Cr
- Company Age 6 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 743.79 Cr
- Satisfied Charges ₹ 207.19 Cr
- Revenue Growth 307.09%
- Profit Growth 155.20%
- Ebitda -386.16%
- Net Worth 264.73%
- Total Assets 48.97%
About Veranda Learning Solutions
Veranda Learning Solutions Limited (VLSL) is a Public Limited Indian Non-Government Company incorporated in India on 20 November 2018 (Six years and three months 2 days old ). Its registered office is in Chennai, Tamil Nadu, India.
The Corporate was formerly known as Andromeda Edutech Private Limited. The Company is engaged in the Education Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 100.00 Cr and a paid-up capital of Rs 71.37 Cr.
The company currently has active open charges totaling ₹743.79 Cr. The company has closed loans amounting to ₹207.19 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Veranda Learning Solutions Limited India are Muthukrishnan Anantharamakrishnan as COMPANY SECRETARY and Saradha as Cfo. Kasaragod Kamath, Kalpathi Ganesh, Kalpathi Suresh, and Five other members serve as directors at the Company.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L74999TN2018PLC125880
- Company No.
125880
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
20 Nov 2018
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Chennai
Industry
Who are the key members and board of directors at Veranda Learning Solutions?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Muthukrishnan Anantharamakrishnan  | Company Secretary | 01-Jun-2021 | Current |
| Saradha | CFO | 01-Jun-2022 | Current |
Board Members (8)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Kalpathi Suresh | Director | 07-Sep-2020 | Current |
| Kasaragod Kamath | Director | 28-Oct-2021 | Current |
| Kalpathi Archana | Director | 21-Sep-2021 | Current |
| Kalpathi Ganesh | Director | 07-Sep-2020 | Current |
| Kalpathi Aghoram | Director | 07-Sep-2020 | Current |
| Revathi Raghunathan | Director | 28-Oct-2021 | Current |
Financial Performance of Veranda Learning Solutions.
Veranda Learning Solutions Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 307.09% increase. The company also saw a substantial improvement in profitability, with a 155.2% increase in profit. The company's net worth Soared by an impressive increase of 264.73%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Veranda Learning Solutions?
In 2022, Veranda Learning Solutions had a promoter holding of 89.22% and a public holding of 10.78%. The company had 4 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Sami-Sabinsa Group LimitedKasaragod Kamath is a mutual person
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V Guard Industries LimitedKasaragod Kamath is a mutual person
Charges (Loans)
₹743.79 Cr
₹207.19 Cr
Charges Breakdown by Lending Institutions
- Others : 743.79 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Apr 2024 | Others | ₹545.00 Cr | Open |
| 15 Apr 2024 | Others | ₹125.00 Cr | Open |
| 30 Sep 2021 | Others | ₹73.79 Cr | Open |
| 16 Feb 2024 | Others | ₹5.00 Cr | Satisfied |
| 28 Aug 2023 | Others | ₹115.00 Cr | Satisfied |
How Many Employees Work at Veranda Learning Solutions?
Veranda Learning Solutions has a workforce of 56 employees as of Aug 09, 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 Veranda Learning Solutions, 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 Veranda Learning Solutions'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.
