Veremax Technologie Services Profile
Key Indicators
- Authorised Capital ₹ 20.00 Cr
- Paid Up Capital ₹ 20.00 Cr
- Company Age 11 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 286.96 Cr
- Satisfied Charges ₹ 138.75 Cr
- Revenue Growth 20.06%
- Profit Growth -93.32%
- Ebitda 35.98%
- Net Worth 50.54%
- Total Assets 28.44%
About Veremax Technologie Services
Veremax Technologie Services Limited (VTSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 17 May 2013 and has a history of 11 years and nine months. Its registered office is in Chennai, Tamil Nadu, India.
The Company is engaged in the Telecom 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 20.00 Cr and a paid-up capital of Rs 20.00 Cr.
The company currently has active open charges totaling ₹286.96 Cr. The company has closed loans amounting to ₹138.75 Cr, as per Ministry of Corporate Affairs (MCA) records.
Tiruchendur Venkatesh, Thulasimani Marimuthu, and Npalanisamy Raja 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
U72900TN2013PLC091205
- Company No.
091205
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
17 May 2013
- Date of AGM
26 Dec 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Telecom
Who are the key members and board of directors at Veremax Technologie Services?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Tiruchendur Venkatesh  | Director | 17-May-2013 | Current |
| Thulasimani Marimuthu | Director | 01-Nov-2020 | Current |
| Npalanisamy Raja | Director | 01-Dec-2014 | Current |
Financial Performance of Veremax Technologie Services.
Veremax Technologie Services Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 20.06% increase. The company also saw a substantial fall in profitability, with a 93.32% decrease in profit. The company's net worth Soared by an impressive increase of 50.54%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Veremax Technologie Services?
In 2021, Veremax Technologie Services had a promoter holding of 97.29% and a public holding of 2.71%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Max Transport LimitedTiruchendur Venkatesh, Thulasimani Marimuthu and 1 more are mutual person
- Whitefield Communication Private Limited
Tiruchendur Venkatesh and Thulasimani Marimuthu are mutual person
- Blue Lotus Support Services Private Limited
Tiruchendur Venkatesh and Thulasimani Marimuthu are mutual person
Charges (Loans)
Open Charges
₹286.96 Cr
Satisfied Charges
₹138.75 Cr
Charges Breakdown by Lending Institutions
- Sbicap Trustee Company Limited : 110.00 Cr
- State Bank Of India : 100.00 Cr
- Hdfc Bank Limited : 65.00 Cr
- Others : 11.96 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Aug 2023 | Others | ₹10.00 Cr | Open |
| 17 May 2023 | Sbicap Trustee Company Limited | ₹110.00 Cr | Open |
| 19 Nov 2022 | State Bank Of India | ₹100.00 Cr | Open |
| 23 Sep 2021 | Others | ₹0.46 M | Open |
| 20 Sep 2021 | Others | ₹2.91 M | Open |
How Many Employees Work at Veremax Technologie Services?
Veremax Technologie Services has a workforce of 40 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Veremax Technologie Services, 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 Veremax Technologie Services'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 Veremax Technologie Services
Recent activity within the organization
- Charges
A charge with Sbicap Trustee Company Limited of Rs. 110.00 Cr registered on 17 May 2023 with Charge ID 100730646 was modified on 19 Jan 2024.
- Annual General Meeting
Veremax Technologie Services Limited last Annual general meeting of members was held on 26 Dec 2023 as per latest MCA records.
- Charges
A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100763431 was registered on 16 Aug 2023.
- Charges
A charge with Sbicap Trustee Company Limited amounted to Rs. 110.00 Cr with Charge ID 100730646 was registered on 17 May 2023.
- Charges
A charge with Hdfc Bank Limited of Rs. 65.00 Cr registered on 22 Apr 2021 with Charge ID 100441670 was modified on 12 May 2023.
- Balance Sheet
Veremax Technologie Services Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.
Frequently asked questions
What is the Incorporation or founding date of Veremax Technologie Services Limited?
Veremax Technologie Services Limited was incorporated on 17 May 2013.
What is authorized share capital and paid-up capital of Veremax Technologie Services Limited?
The authorized share capital of Veremax Technologie Services Limited is ₹ 20.00 Cr and paid-up capital is ₹ 20.00 Cr.
Who are the current board members & directors of Veremax Technologie Services Limited?
Currently 3 directors are associated with Veremax Technologie Services Limited.
- Tiruchendur Rajakani Meganathan Venkatesh
- Thulasimani Marimuthu
- Npalanisamy Raja
What is the registered address of Veremax Technologie Services Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Veremax Technologie Services Limited is Doshi Towers New 205 Old No 156 Poonamallee High Road Kilpauk India, Chennai, Tamil Nadu, 600010.
What is the corporate identification number (CIN) and company number of Veremax Technologie Services Limited?
The corporate identification number (CIN) of Veremax Technologie Services Limited is U72900TN2013PLC091205 and the company number is 091205 as per Ministry of Corporate Affairs (MCA).
What is the official website of Veremax Technologie Services Limited?
The Official website of Veremax Technologie Services Limited is https://www.veremax.co.in
What has been the recent revenue trend for Veremax Technologie Services Limited?
According to the financial reports for the fiscal year 2021, the revenue trend for Veremax Technologie Services Limited has risen by 20.06%.
How many employees does Veremax Technologie Services Limited currently have?
As Per 2021 financial reports, 40 employees are currently employed by Veremax Technologie Services Limited.
What change has been observed in the net worth of Veremax Technologie Services Limited, and by what percentage?
The financial reports for the fiscal year 2021 indicates that The net worth of Veremax Technologie Services Limited has experienced an upsurge of 50.54%.
What are the total open charges for Veremax Technologie Services Limited?
As per the financial statements for fiscal Year 2021, The total open charges for Veremax Technologie Services Limited amount to ₹ 286.96 Cr.
When was the last Balance Sheet of Veremax Technologie Services Limited filed with the ROC?
The most recent Balance Sheet for Veremax Technologie Services Limited was filed with the ROC on 31 Mar 2023.
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