Veranda Race Learning Solutions Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 1.00 Cr
- Company Age 6 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 12.00 Cr
- Revenue Growth 32.94%
- Profit Growth 63.75%
- Ebitda 94.92%
- Net Worth -130.34%
- Total Assets 378.43%
About Veranda Race Learning Solutions
Veranda Race Learning Solutions Private Limited (VRLSPL) is a Private Limited Indian Non-Government Company incorporated in India on 15 November 2018 (Six years and three months 17 days old ). Its registered office is in Chennai, Tamil Nadu, India.
The Corporate was formerly known as Bharathiyar Education Services 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 10.00 Cr and a paid-up capital of Rs 1.00 Cr.
The company currently has active open charges totaling ₹12.00 Cr.
Pillaipakkam Srinivasan, Rangarajan, and Koorapati Kumar 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
U80100TN2018PTC125803
- Company No.
125803
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
15 Nov 2018
- Date of AGM
30 Aug 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Education
Who are the key members and board of directors at Veranda Race Learning Solutions?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rangarajan  | Director | 15-Nov-2018 | Current |
| Pillaipakkam Srinivasan | Director | 08-Nov-2021 | Current |
| Koorapati Kumar | Director | 15-Nov-2018 | Current |
Financial Performance of Veranda Race Learning Solutions.
Veranda Race Learning Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 32.94% increase. The company also saw a substantial improvement in profitability, with a 63.75% increase in profit. The company's net worth observed a substantial decline by a decrease of 130.34%.
- Key Matrics
- Balance Sheet
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What is the Ownership and Shareholding Structure of Veranda Race Learning Solutions?
In 2023, Veranda Race Learning Solutions 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)
Smartbridge Educational Services Private LimitedKoorapati Kumar is a mutual person
Veranda Learning Solutions LimitedPillaipakkam Srinivasan is a mutual person
- Grasslands Agro Private Limited
Rangarajan and Koorapati Kumar are mutual person
Brain4ce Education Solutions Private LimitedRangarajan and Koorapati Kumar are mutual person
Ags Entertainment Network Private LimitedRangarajan and Koorapati Kumar are mutual person
Charges (Loans)
Open Charges
₹12.00 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 12.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Jun 2023 | Hdfc Bank Limited | ₹12.00 Cr | Open |
How Many Employees Work at Veranda Race Learning Solutions?
Veranda Race Learning Solutions has a workforce of 50 employees as of Apr 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 Race 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 Race 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.
Latest Updates, News, and FAQs on Veranda Race Learning Solutions
Recent activity within the organization
- Annual General Meeting
Veranda Race Learning Solutions Private Limited last Annual general meeting of members was held on 30 Aug 2023 as per latest MCA records.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 12.00 Cr with Charge ID 100735933 was registered on 19 Jun 2023.
- Balance Sheet
Veranda Race Learning Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.
- Director Appointment
Pillaipakkam Bahukudumbi Srinivasan was appointed as a Director was appointed as a Director on 08 Nov 2021 & has been associated with this company since 3 years 3 months .
- Director Appointment
Rangarajan was appointed as a Director was appointed as a Director on 15 Nov 2018 & has been associated with this company since 6 years 3 months .
- Director Appointment
Koorapati Praveen Kumar was appointed as a Director was appointed as a Director on 15 Nov 2018 & has been associated with this company since 6 years 3 months .
Frequently asked questions
What is the Incorporation or founding date of Veranda Race Learning Solutions Private Limited?
Veranda Race Learning Solutions Private Limited was incorporated on 15 Nov 2018.
What is authorized share capital and paid-up capital of Veranda Race Learning Solutions Private Limited?
The authorized share capital of Veranda Race Learning Solutions Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 1.00 Cr.
Who are the current board members & directors of Veranda Race Learning Solutions Private Limited?
Currently 3 directors are associated with Veranda Race Learning Solutions Private Limited.
- Pillaipakkam Bahukudumbi Srinivasan
- Rangarajan
- Koorapati Praveen Kumar
What is the registered address of Veranda Race Learning Solutions Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Veranda Race Learning Solutions Private Limited is Old No 54 New No 34 Thirumalai Pillai Road T. Nagar, Chennai, Tamil Nadu, India, 600017.
What is the corporate identification number (CIN) and company number of Veranda Race Learning Solutions Private Limited?
The corporate identification number (CIN) of Veranda Race Learning Solutions Private Limited is U80100TN2018PTC125803 and the company number is 125803 as per Ministry of Corporate Affairs (MCA).
What is the official website of Veranda Race Learning Solutions Private Limited?
The Official website of Veranda Race Learning Solutions Private Limited is https://www.verandarace.com
What has been the recent revenue trend for Veranda Race Learning Solutions Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Veranda Race Learning Solutions Private Limited has risen by 32.94%.
How many employees does Veranda Race Learning Solutions Private Limited currently have?
As Per 2023 financial reports, 50 employees are currently employed by Veranda Race Learning Solutions Private Limited.
What change has been observed in the net worth of Veranda Race Learning Solutions Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Veranda Race Learning Solutions Private Limited has experienced an downturn of -130.34%.
What are the total open charges for Veranda Race Learning Solutions Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Veranda Race Learning Solutions Private Limited amount to ₹ 12.00 Cr.
When was the last Balance Sheet of Veranda Race Learning Solutions Private Limited filed with the ROC?
The most recent Balance Sheet for Veranda Race Learning Solutions Private Limited was filed with the ROC on 31 Mar 2023.