Verge Realty Profile
Key Indicators
- Authorised Capital ₹ 0.10 M
as on 15-12-2024
- Paid Up Capital ₹ 0.10 M
as on 15-12-2024
- Company Age 4 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 73.00 Cr
as on 15-12-2024
- Revenue %
(FY 2022)
- Profit -4.89%
(FY 2022)
- Ebitda -4.89%
(FY 2022)
- Net Worth -259.37%
(FY 2022)
- Total Assets 2.00%
(FY 2022)
About Verge Realty
The Company is engaged in the Real Estate And Construction 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 0.10 M and a paid-up capital of Rs 0.10 M.
The company has closed loans amounting to ₹73.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Kamal Lunawath and Vimal Lunawath serve as directors at the Company.
- CIN/LLPIN
U45309TN2019PTC133369
- Company No.
133369
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
23 Dec 2019
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
- Email Address
- Website
-
- Social Media-
Who are the key members and board of directors at Verge Realty?
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kamal Lunawath  | Director | 23-Dec-2019 | Current |
| Vimal Lunawath | Director | 23-Dec-2019 | Current |
Financial of Verge Realty.
Verge Realty Private Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a slight decrease in profitability, with a 4.89% decrease in profit. The company's net worth observed a substantial decline by a decrease of 259.37%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (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 Verge Realty?
In 2022, Verge Realty 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)
Arihant Foundations & Housing LimitedActive 32 years 9 monthsKamal Lunawath and Vimal Lunawath are mutual person
- Varenya Constructions LimitedActive 18 years 2 months
Kamal Lunawath and Vimal Lunawath are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 19 Dec 2022 | ₹73.00 Cr | Satisfied |
How Many Employees Work at Verge Realty?
Unlock and access historical data on people associated with Verge Realty, 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 Realty, 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 Realty'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.
