Verito Engineering Profile
Key Indicators
- Authorised Capital ₹ 0.10 M
- Paid Up Capital ₹ 75.26 K
- Company Age 7 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 5.11 Cr
- Satisfied Charges ₹ 3.00 M
- Revenue Growth 176.85%
- Profit Growth 219.77%
- Ebitda 222.45%
- Net Worth 118.22%
- Total Assets 157.83%
About Verito Engineering
Verito Engineering Private Limited (VEPL) is a Private Limited Indian Non-Government Company incorporated in India on 28 June 2017 (Seven years and seven months 21 days old ). Its registered office is in Ahmedabad, Gujarat, India.
The Company is engaged in the Machinery And Equipment 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 0.10 M and a paid-up capital of Rs 75.26 K .
The company currently has active open charges totaling ₹5.11 Cr. The company has closed loans amounting to ₹3.00 M, as per Ministry of Corporate Affairs (MCA) records.
Samadhan Sonawane, Bhushan Baviskar, Swapna Baviskar, and One other member serve as directors at the Company.
Company Details
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Location
Ahmedabad, Gujarat, India
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Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U29308GJ2017PTC098061
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Company No.
098061
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
28 Jun 2017
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Date of AGM
24 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Ahmedabad
Industry
What products or services does Verito Engineering Private Limited offer?
Verito Engineering Private Limited offers a wide range of products and services, including Chemical Plants & Machinery, Industrial Skids, Industrial Mixers & Homogenizers, Agitator, Pumps, Pumping Machines & Spares, Screw Pumps, Dosing System, High Pressure Pumps, Diaphragm Pumps, Dosing Pumps.
Who are the key members and board of directors at Verito Engineering?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Bhushan Baviskar
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Director | 24-Mar-2018 | Current |
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Samadhan Sonawane
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Director | 28-Jun-2017 | Current |
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Swapna Baviskar
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Director | 01-Dec-2021 | Current |
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Dipali Sonwane
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Director | 01-Dec-2021 | Current |
Financial Performance of Verito Engineering.
Verito Engineering Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 176.85% increase. The company also saw a substantial improvement in profitability, with a 219.77% increase in profit. The company's net worth Soared by an impressive increase of 118.22%.
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What is the Ownership and Shareholding Structure of Verito Engineering?
In 2023, Verito Engineering 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)
₹51.14 M
₹3.00 M
Charges Breakdown by Lending Institutions
- Others : 5.00 Cr
- Hdfc Bank Limited : 0.11 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Jun 2022 | Hdfc Bank Limited | ₹1.14 M | Open |
| 26 Apr 2022 | Others | ₹5.00 Cr | Open |
| 10 Dec 2019 | Hdfc Bank Limited | ₹3.00 M | Satisfied |
How Many Employees Work at Verito Engineering?
Verito Engineering has a workforce of 71 employees as of Apr 07, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Verito Engineering, 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 Verito Engineering'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.
