Verito Textiles Private Limited

Imports, exports, and manufactures various types of textiles and garments.

2021 | Amravati, Maharashtra (India) | Active
Last Updated: December 31, 2024

Verito Textiles Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 1.50 M
  • Company Age 3 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -100.00%
  • Profit Growth -125.82%
  • Ebitda -111.45%
  • Net Worth -6.01%
  • Total Assets -10.71%

About Verito Textiles

Verito Textiles Private Limited (VTPL) is a Private Limited Indian Non-Government Company incorporated in India on 28 September 2021 (Three years and four months 10 days old ). Its registered office is in Amravati, Maharashtra, India.

The Company is engaged in the Home & Lifestyle 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 1.50 M and a paid-up capital of Rs 1.50 M, as per Ministry of Corporate Affairs (MCA) records.

Jaiaj Bajaj and Rohitraj Bajaj serve as directors at the Company.

Company Details

  • Location

    Amravati, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17299MH2021PTC368363

  • Company No.

    368363

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Sep 2021

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Home & Lifestyle

Who are the key members and board of directors at Verito Textiles?

Executive Team (1)

Name Designation Appointment Date Status
Jaiaj Bajaj Country flag representing In Managing Director 28-Sep-2021 Current

Board Members (1)

Name Designation Appointment Date Status
Rohitraj Bajaj Country flag representing In Director 28-Sep-2021 Current

Financial Performance of Verito Textiles.

Verito Textiles Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 100% decrease. The company also saw a substantial fall in profitability, with a 125.82% decrease in profit. The company's net worth dipped by a decrease of 6.01%.

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
-100.00%
Revenue from Operations
-100.00%
Total Assets
-10.71%
Profit or Loss
-125.82%
Net Worth
-6.01%
EBITDA
-111.45%

What is the Ownership and Shareholding Structure of Verito Textiles?

Unlock access to Verito Textiles's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Verito Textiles?

Verito Textiles has a workforce of 0 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Verito Textiles, 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 Textiles'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 Verito Textiles

Recent activity within the organization

  • Annual General Meeting

    Verito Textiles Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Verito Textiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Jaiaj Bhagchand Bajaj was appointed as a Managing Director was appointed as a Managing Director on 28 Sep 2021 & has been associated with this company since 3 years 4 months .

    28 Sep 2021

  • Director Appointment

    Rohitraj Bhagchand Bajaj was appointed as a Director was appointed as a Director on 28 Sep 2021 & has been associated with this company since 3 years 4 months .

    28 Sep 2021

  • Company Incorporation

    Verito Textiles Private Limited was registered on 28 Sep 2021 with Roc Mumbai & aged 3 years 4 months as per MCA records.

    28 Sep 2021

Frequently asked questions

  • Verito Textiles Private Limited was incorporated on 28 Sep 2021.

  • The authorized share capital of Verito Textiles Private Limited is ₹ 1.50 M and paid-up capital is ₹ 1.50 M.

  • Currently 2 directors are associated with Verito Textiles Private Limited.

    • Jaiaj Bhagchand Bajaj
    • Rohitraj Bhagchand Bajaj
  • As per Ministry of Corporate Affairs (Mca), the registered address of Verito Textiles Private Limited is Plot No. B-6 Additional Industrial Area, Nandgaon Peth Midc India, Amravati, Maharashtra, 444901.

  • The corporate identification number (CIN) of Verito Textiles Private Limited is U17299MH2021PTC368363 and the company number is 368363 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Verito Textiles Private Limited has fallen by -100.00%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Verito Textiles Private Limited has experienced an downturn of -6.01%.

  • The most recent Balance Sheet for Verito Textiles Private Limited was filed with the ROC on 31 Mar 2024.