Verika Builders And Developers Private Limited

Develops and builds various projects in Hyderabad, Telangana since 2019.

2019 | Hyderabad, Telangana (India) | Active
Last Updated: December 20, 2024

Verika Builders And Developers Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 2.00 Cr
  • Company Age 5 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.00 M
  • Revenue Growth 76226.24%
  • Profit Growth 233.48%
  • Ebitda 1939.74%
  • Net Worth 1.77%
  • Total Assets 42.53%

About Verika Builders And Developers

Verika Builders And Developers Private Limited (VBADPL) is a Private Limited Indian Non-Government Company incorporated in India on 16 July 2019 (Five years and seven months 11 days old ). Its registered office is in Hyderabad, Telangana, 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 2024. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 2.00 Cr.

The company currently has active open charges totaling ₹3.00 M.

Akkineni Srinivasarao, Veeramachaneni Rajasekhar, and Rajesh Veeramachaneni serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U45202TG2019PTC134123

  • Company No.

    134123

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Jul 2019

  • Date of AGM

    28 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Real Estate and Construction

Who are the key members and board of directors at Verika Builders And Developers?

Executive Team (1)

NameDesignationAppointment DateStatus
Veeramachaneni Rajasekhar Country flag representing In Managing Director16-Jul-2019Current

Board Members (2)

NameDesignationAppointment DateStatus
Akkineni Srinivasarao Country flag representing In Director 16-Jul-2019Current
Rajesh Veeramachaneni Country flag representing In Director 16-Jul-2019Current

Financial Performance of Verika Builders And Developers.

Verika Builders And Developers Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 76226.24% increase. The company also saw a substantial improvement in profitability, with a 233.48% increase in profit. The company's net worth moved up by a moderate rise of 1.77%.

Graph illustrating revenue growth over time
Graph showing 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
76226.24%
Revenue from Operations
Total Assets
42.53%
Profit or Loss
233.48%
Net Worth
1.77%
EBITDA
1939.74%

What is the Ownership and Shareholding Structure of Verika Builders And Developers?

In 2022, Verika Builders And Developers had a public holding of 27.50%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.30 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 0.30 Cr

Latest Charge Details

DateLenderAmountStatus
23 Dec 2023Axis Bank Limited₹3.00 MOpen

How Many Employees Work at Verika Builders And Developers?

Unlock and access historical data on people associated with Verika Builders And Developers, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Verika Builders And Developers, 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 Verika Builders And Developers'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 Verika Builders And Developers

Recent activity within the organization

  • Annual General Meeting

    Verika Builders And Developers Private Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

    28 Sep 2024

  • Balance Sheet

    Verika Builders And Developers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

    31 Mar 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.30 Cr with Charge ID 100849988 was registered on 23 Dec 2023.

    23 Dec 2023

  • Director Appointment

    Akkineni Srinivasarao was appointed as a Director was appointed as a Director on 16 Jul 2019 & has been associated with this company since 5 years 7 months .

    16 Jul 2019

  • Director Appointment

    Veeramachaneni Rajasekhar was appointed as a Managing Director was appointed as a Managing Director on 16 Jul 2019 & has been associated with this company since 5 years 7 months .

    16 Jul 2019

  • Director Appointment

    Rajesh Veeramachaneni was appointed as a Director was appointed as a Director on 16 Jul 2019 & has been associated with this company since 5 years 7 months .

    16 Jul 2019

Frequently asked questions

  • Verika Builders And Developers Private Limited was incorporated on 16 Jul 2019.

  • The authorized share capital of Verika Builders And Developers Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 2.00 Cr.

  • Currently 3 directors are associated with Verika Builders And Developers Private Limited.

    • Akkineni Srinivasarao
    • Veeramachaneni Rajasekhar
    • Rajesh Veeramachaneni
  • As per Ministry of Corporate Affairs (Mca), the registered address of Verika Builders And Developers Private Limited is 1-114/13. F No F-B Jain Aakansha Kondapur Village, Seri Lingampally India, Hyderabad, Telangana, 500084.

  • The corporate identification number (CIN) of Verika Builders And Developers Private Limited is U45202TG2019PTC134123 and the company number is 134123 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Verika Builders And Developers Private Limited has risen by 76226.24%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Verika Builders And Developers Private Limited has experienced an upsurge of 1.77%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Verika Builders And Developers Private Limited amount to ₹ 3.00 M.

  • The most recent Balance Sheet for Verika Builders And Developers Private Limited was filed with the ROC on 31 Mar 2024.