Verita Agrofoods Private Limited

Food company specializing in processing, marketing, and trading of various agricultural products.

2021 | Bangaluru, Karnataka (India) | Active
Last Updated: November 17, 2024

Verita Agrofoods Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 3 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 10.50 Cr
  • Revenue Growth -80.10%
  • Profit Growth -2394.66%
  • Ebitda -2588.74%
  • Net Worth -1156.66%
  • Total Assets 569.35%

About Verita Agrofoods

Verita Agrofoods Private Limited (VAPL) is a Private Limited Indian Non-Government Company incorporated in India on 11 October 2021 (Three years and four months 16 days old ). Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Agriculture 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 1.00 M and a paid-up capital of Rs 1.00 M.

The company currently has active open charges totaling ₹10.50 Cr.

Madhavan Vaiyapuri and Chellammal Ramasamy serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    veritafoods.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U15120KA2021PTC152967

  • Company No.

    152967

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Oct 2021

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Agriculture

Who are the key members and board of directors at Verita Agrofoods?

Board Members (2)

NameDesignationAppointment DateStatus
Madhavan Vaiyapuri Country flag representing In Director 11-Oct-2021Current
Chellammal Ramasamy Country flag representing In Director 11-Oct-2021Current

Financial Performance of Verita Agrofoods.

Verita Agrofoods Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 80.1% decrease. The company also saw a substantial fall in profitability, with a 2394.66% decrease in profit. The company's net worth observed a substantial decline by a decrease of 1156.66%.

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
-80.10%
Revenue from Operations
Total Assets
569.35%
Profit or Loss
-2394.66%
Net Worth
-1156.66%
EBITDA
-2588.74%

What is the Ownership and Shareholding Structure of Verita Agrofoods?

In 2023, Verita Agrofoods had a public 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

₹105.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 10.50 Cr

Latest Charge Details

DateLenderAmountStatus
25 Jan 2023Hdfc Bank Limited₹10.50 CrOpen

How Many Employees Work at Verita Agrofoods?

Verita Agrofoods has a workforce of 0 employees as of Apr 09, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Verita Agrofoods, 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 Verita Agrofoods'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 Verita Agrofoods

Recent activity within the organization

  • Annual General Meeting

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

    29 Sep 2023

  • Balance Sheet

    Verita Agrofoods Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 105.00 M with Charge ID 100716658 was registered on 25 Jan 2023.

    25 Jan 2023

  • Director Appointment

    Madhavan Vaiyapuri was appointed as a Director was appointed as a Director on 11 Oct 2021 & has been associated with this company since 3 years 4 months .

    11 Oct 2021

  • Director Appointment

    Chellammal Ramasamy was appointed as a Director was appointed as a Director on 11 Oct 2021 & has been associated with this company since 3 years 4 months .

    11 Oct 2021

  • Company Incorporation

    Verita Agrofoods Private Limited was registered on 11 Oct 2021 with Roc Bangalore & aged 3 years 4 months as per MCA records.

    11 Oct 2021

Frequently asked questions

  • Verita Agrofoods Private Limited was incorporated on 11 Oct 2021.

  • The authorized share capital of Verita Agrofoods Private Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.

  • Currently 2 directors are associated with Verita Agrofoods Private Limited.

    • Madhavan Vaiyapuri
    • Chellammal Ramasamy
  • As per Ministry of Corporate Affairs (Mca), the registered address of Verita Agrofoods Private Limited is H5 10Th Main 1St Cross Indiranagar 2Nd Stage, India, Bangalore, Karnataka, 560038.

  • The corporate identification number (CIN) of Verita Agrofoods Private Limited is U15120KA2021PTC152967 and the company number is 152967 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Verita Agrofoods Private Limited is https://www.veritafoods.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Verita Agrofoods Private Limited has fallen by -80.10%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Verita Agrofoods Private Limited has experienced an downturn of -1156.66%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Verita Agrofoods Private Limited amount to ₹ 10.50 Cr.

  • The most recent Balance Sheet for Verita Agrofoods Private Limited was filed with the ROC on 31 Mar 2023.