Verge Realty Private Limited

Real estate company that deals with buying, selling, and leasing properties for investment purposes.

2019 | Chennai, Tamil Nadu (India) | Active
Last Updated:

Verge Realty Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 5 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 73.00 Cr
  • Revenue Growth %
  • Profit Growth -4.89%
  • Ebitda -4.89%
  • Net Worth -259.37%
  • Total Assets 2.00%

About Verge Realty

Verge Realty Private Limited (VRPL) is a Private Limited Indian Non-Government Company incorporated in India on 23 December 2019 (Five years and five months 3 days old ). Its registered office is in Chennai, Tamil Nadu, India.

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.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • 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

Real Estate and Construction
Company report

Verge Realty Private Limited

Explore comprehensive data for Verge Realty Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Verge Realty?

Board Members (2)

NameDesignationAppointment DateStatus
Kamal Lunawath Country flag representing In Director 23-Dec-2019Current
Vimal Lunawath Country flag representing In Director 23-Dec-2019Current

Financial Performance 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%.

Verge Realty revenue growth over time
Verge Realty 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
2.00%
Profit or Loss
-4.89%
Net Worth
-259.37%
EBITDA
-4.89%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹730.00 M

Charges Breakdown by Lending Institutions

  • Others : 73.00 Cr

Latest Charge Details

DateLenderAmountStatus
19 Dec 2022Others₹73.00 CrSatisfied

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.

Employee growth trends for Verge Realty Private Limited

Deals i

Graph showing company valuation over time

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

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 Verge Realty

Recent activity within the organization

  • Annual General Meeting

    Verge Realty Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

  • Charges

    A charge registered on 19 Dec 2022 via Charge ID 100674338 with Others was fully satisfied on 24 Apr 2023.

  • Balance Sheet

    Verge Realty Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

  • Charges

    A charge with Others amounted to Rs. 730.00 M with Charge ID 100674338 was registered on 19 Dec 2022.

  • Director Appointment

    Kamal Lunawath was appointed as a Director was appointed as a Director on 23 Dec 2019 & has been associated with this company since 5 years 5 months .

  • Director Appointment

    Vimal Lunawath was appointed as a Director was appointed as a Director on 23 Dec 2019 & has been associated with this company since 5 years 5 months .

Frequently asked questions

  • What is the Incorporation or founding date of Verge Realty Private Limited?

    Verge Realty Private Limited was incorporated on 23 Dec 2019.

  • What is authorized share capital and paid-up capital of Verge Realty Private Limited?

    The authorized share capital of Verge Realty Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Who are the current board members & directors of Verge Realty Private Limited?

    Currently 2 directors are associated with Verge Realty Private Limited.

    • Kamal Lunawath
    • Vimal Lunawath

  • What is the registered address of Verge Realty Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Verge Realty Private Limited is No.3 Ganapathy Colony 3Rd Street Off Cenotaph Road, Teynampet India, Chennai, Tamil Nadu, 600018.

  • What is the corporate identification number (CIN) and company number of Verge Realty Private Limited?

    The corporate identification number (CIN) of Verge Realty Private Limited is U45309TN2019PTC133369 and the company number is 133369 as per Ministry of Corporate Affairs (MCA).

  • What change has been observed in the net worth of Verge Realty Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Verge Realty Private Limited has experienced an downturn of -259.37%.

  • When was the last Balance Sheet of Verge Realty Private Limited filed with the ROC?

    The most recent Balance Sheet for Verge Realty Private Limited was filed with the ROC on 31 Mar 2023.

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