Verga Attachments Profile
Key Indicators
- Authorised Capital ₹ 4.75 Cr
- Paid Up Capital ₹ 3.89 Cr
- Company Age 18 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 45.00 Cr
- Satisfied Charges ₹ 8.19 Cr
- Revenue Growth -19.12%
- Profit Growth -51.13%
- Ebitda -82.44%
- Net Worth 10.26%
- Total Assets -34.68%
About Verga Attachments
Verga Attachments Private Limited (VAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 26 September 2006 and has a history of 18 years and five months. Its registered office is in Kolar, Karnataka, India.
The Company is engaged in the Machinery And Equipment 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 4.75 Cr and a paid-up capital of Rs 3.89 Cr.
The company currently has active open charges totaling ₹45.00 Cr. The company has closed loans amounting to ₹8.19 Cr, as per Ministry of Corporate Affairs (MCA) records.
Mehul Gandhi, Sonal Gandhi, and Gerardus Verhoeven serve as directors at the Company.
Company Details
- Location
Kolar, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U29248KA2006PTC040628
- Company No.
040628
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
26 Sep 2006
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Machinery and Equipment
What products or services does Verga Attachments Private Limited offer?
Verga Attachments Private Limited offers a wide range of products and services, including Industrial Pipe & Tube Fittings, Industrial Coupler, Transformers & Transformer Parts, Transformers.
Who are the key members and board of directors at Verga Attachments?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mehul Gandhi  | Managing Director | 26-Sep-2006 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Gerardus Verhoeven  | Director | 26-Sep-2006 | Current |
| Sonal Gandhi | Director | 13-Mar-2009 | Current |
Financial Performance of Verga Attachments.
Verga Attachments Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 19.12% decrease. The company also saw a substantial fall in profitability, with a 51.13% decrease in profit. The company's net worth Soared by an impressive increase of 10.26%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Verga Attachments?
In 2023, Verga Attachments 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)
Obeya Underpinnings LlpMehul Gandhi is a mutual person
Dynavise Advisors LlpMehul Gandhi is a mutual person
- Ermotec International Private Limited
Mehul Gandhi and Sonal Gandhi are mutual person
- Arrkp Craft Beverages Private Limited
Mehul Gandhi is a mutual person
- Veerya Attachments Private Limited
Mehul Gandhi and Sonal Gandhi are mutual person
- Naman Vintrade Private Limited
Mehul Gandhi and Sonal Gandhi are mutual person
Charges (Loans)
Open Charges
₹45.00 Cr
Satisfied Charges
₹8.19 Cr
Charges Breakdown by Lending Institutions
- Canara Bank : 45.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Mar 2022 | Canara Bank | ₹30.00 Cr | Open |
| 07 Feb 2008 | Canara Bank | ₹15.00 Cr | Open |
| 29 Dec 2021 | Canara Bank | ₹5.90 Cr | Satisfied |
| 28 Jan 2021 | Canara Bank | ₹4.90 M | Satisfied |
| 31 Mar 2017 | Canara Bank | ₹1.80 Cr | Satisfied |
How Many Employees Work at Verga Attachments?
Verga Attachments has a workforce of 107 employees as of Mar 28, 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 Verga Attachments, 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 Verga Attachments'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 Verga Attachments
Recent activity within the organization
- Charges
A charge with Canara Bank of Rs. 15.00 Cr registered on 07 Feb 2008 with Charge ID 10089994 was modified on 01 Jan 2024.
- Charges
A charge registered on 29 Dec 2021 via Charge ID 100526480 with Canara Bank was fully satisfied on 04 Oct 2023.
- Charges
A charge registered on 28 Jan 2021 via Charge ID 100422281 with Canara Bank was fully satisfied on 04 Oct 2023.
- Annual General Meeting
Verga Attachments Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Verga Attachments Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
- Charges
A charge with Canara Bank amounted to Rs. 30.00 Cr with Charge ID 100564110 was registered on 18 Mar 2022.
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Verga Attachments Private Limited?
Verga Attachments Private Limited was incorporated on 26 Sep 2006.
What is authorized share capital and paid-up capital of Verga Attachments Private Limited?
The authorized share capital of Verga Attachments Private Limited is ₹ 4.75 Cr and paid-up capital is ₹ 3.89 Cr.
Who are the current board members & directors of Verga Attachments Private Limited?
Currently 3 directors are associated with Verga Attachments Private Limited.
- Mehul Indrakumar Gandhi
- Sonal Mehul Gandhi
- Gerardus Jacobus Adrianus Maria Verhoeven
What is the registered address of Verga Attachments Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Verga Attachments Private Limited is No. 28B Phase I, Kiadb Industrial Area India, Malur, Karnataka, 563130.
What is the corporate identification number (CIN) and company number of Verga Attachments Private Limited?
The corporate identification number (CIN) of Verga Attachments Private Limited is U29248KA2006PTC040628 and the company number is 040628 as per Ministry of Corporate Affairs (MCA).
What is the official website of Verga Attachments Private Limited?
The Official website of Verga Attachments Private Limited is https://www.verga.biz
What has been the recent revenue trend for Verga Attachments Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Verga Attachments Private Limited has fallen by -19.12%.
How many employees does Verga Attachments Private Limited currently have?
As Per 2023 financial reports, 107 employees are currently employed by Verga Attachments Private Limited.
What change has been observed in the net worth of Verga Attachments Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Verga Attachments Private Limited has experienced an upsurge of 10.26%.
What are the total open charges for Verga Attachments Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Verga Attachments Private Limited amount to ₹ 45.00 Cr.
When was the last Balance Sheet of Verga Attachments Private Limited filed with the ROC?
The most recent Balance Sheet for Verga Attachments Private Limited was filed with the ROC on 31 Mar 2023.