Verce Solutions Private Limited

Creates omnichannel e-commerce platform for physical stores and MSMEs to manage inventory, orders, payments, and marketing.

2021 | Hyderabad, Telangana (India) | Active
Last Updated: October 24, 2024

Verce Solutions Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 3 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth %
  • Profit Growth -200.93%
  • Ebitda -566.27%
  • Net Worth 89553.36%
  • Total Assets 381.01%

About Verce Solutions

Verce Solutions Private Limited (VSPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 04 October 2021 (Three years and four months 0 days old ). Its registered office is in Hyderabad, Telangana, India.

The Company is engaged in the E-Commerce 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 1.00 Cr and a paid-up capital of Rs 1.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Mamillapalle Nagarjuna and Venkatanarsimha Penmetsha 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

    U72900TG2021PTC155579

  • Company No.

    155579

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Oct 2021

  • Date of AGM

    27 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

E-Commerce

Who are the key members and board of directors at Verce Solutions?

Board Members (2)

Name Designation Appointment Date Status
Mamillapalle Nagarjuna Country flag representing In Director 04-Oct-2021 Current
Venkatanarsimha Penmetsha Country flag representing In Director 04-Oct-2021 Current

Financial Performance of Verce Solutions.

Verce Solutions Private Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 200.93% decrease in profit. The company's net worth Soared by an impressive increase of 89553.36%.

Graph illustrating revenue growth over time
Graph showing 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
Revenue from Operations
Total Assets
381.01%
Profit or Loss
-200.93%
Net Worth
89553.36%
EBITDA
-566.27%

What is the Ownership and Shareholding Structure of Verce Solutions?

Unlock access to Verce Solutions's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Verce Solutions?

Verce Solutions has a workforce of 0 employees as of Apr 02, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Verce 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 Verce Solutions'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 Verce Solutions

Recent activity within the organization

  • Annual General Meeting

    Verce Solutions Private Limited last Annual general meeting of members was held on 27 Sep 2023 as per latest MCA records.

    27 Sep 2023

  • Balance Sheet

    Verce Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

    31 Mar 2023

  • Director Appointment

    Mamillapalle Reddy Nagarjuna was appointed as a Director was appointed as a Director on 04 Oct 2021 & has been associated with this company since 3 years 4 months .

    04 Oct 2021

  • Director Appointment

    Venkatanarsimha Raju Penmetsha was appointed as a Director was appointed as a Director on 04 Oct 2021 & has been associated with this company since 3 years 4 months .

    04 Oct 2021

  • Company Incorporation

    Verce Solutions Private Limited was registered on 04 Oct 2021 with Roc Hyderabad & aged 3 years 4 months as per MCA records.

    04 Oct 2021

Frequently asked questions

  • Verce Solutions Private Limited was incorporated on 04 Oct 2021.

  • The authorized share capital of Verce Solutions Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Currently 2 directors are associated with Verce Solutions Private Limited.

    • Mamillapalle Reddy Nagarjuna
    • Venkatanarsimha Raju Penmetsha
  • As per Ministry of Corporate Affairs (Mca), the registered address of Verce Solutions Private Limited is Plot No.317 H No 2-23-320, Hmt Hills Kukatpally India, Hyderabad, Telangana, 500085.

  • The corporate identification number (CIN) of Verce Solutions Private Limited is U72900TG2021PTC155579 and the company number is 155579 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Verce Solutions Private Limited is https://www.glokal.live

  • The financial reports for the fiscal year 2023 indicates that The net worth of Verce Solutions Private Limited has experienced an upsurge of 89553.36%.

  • The most recent Balance Sheet for Verce Solutions Private Limited was filed with the ROC on 31 Mar 2023.