Verge Motors Profile
Key Indicators
- Authorised Capital ₹ 0.10 M
as on 16-12-2024
- Paid Up Capital ₹ 10.00 K
as on 16-12-2024
- Company Age 5 Year, 7 Months
- Last Filing with ROC 31 Mar 2021
- Revenue %
(FY 2021)
- Profit 166.47%
(FY 2021)
- Ebitda 166.81%
(FY 2021)
- Net Worth 77.84%
(FY 2021)
- Total Assets 80.81%
(FY 2021)
About Verge Motors
The Company is engaged in the Automotive Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2021. It's a company limited by shares with an authorized capital of Rs 0.10 M and a paid-up capital of Rs 10.00 K , as per Ministry of Corporate Affairs (MCA) records.
Saumya Rout and Santi Rout serve as directors at the Company.
- CIN/LLPIN
U34100KA2019PTC124141
- Company No.
124141
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
08 May 2019
- Date of AGM
23 Aug 2021
- Date of Balance Sheet
31 Mar 2021
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
- Email Address
- Website
-
- Social Media-
Who are the key members and board of directors at Verge Motors?
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Saumya Rout  | Director | 08-May-2019 | Current |
| Santi Rout | Director | 08-May-2019 | Current |
Financial Performance of Verge Motors.
Verge Motors Private Limited, for the financial year ended 2021, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 166.47% increase in profit. The company's net worth Soared by an impressive increase of 77.84%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Verge Motors?
In 2021, Verge Motors had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Verge Motors?
Unlock and access historical data on people associated with Verge Motors, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Verge Motors, 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 Verge Motors'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.
