Verivo Enterprises Private Limited

Global company specializing in retail and wholesale trade of mobile devices and accessories.

2020 | Pune, Maharashtra (India) | Active
Last Updated: November 02, 2024

Verivo Enterprises Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 2.00 Cr
  • Company Age 4 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 77.85 Cr
  • Revenue Growth 92.59%
  • Profit Growth 21.58%
  • Ebitda 573.84%
  • Net Worth 58.26%
  • Total Assets 52.77%

About Verivo Enterprises

Verivo Enterprises Private Limited (VEPL) is a Private Limited Indian Non-Government Company incorporated in India on 23 July 2020 (Four years and seven months 5 days old ). Its registered office is in Pune, Maharashtra, India.

The Company is engaged in the Consumer Electronics & Durables 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 2.00 Cr and a paid-up capital of Rs 2.00 Cr.

The company currently has active open charges totaling ₹77.85 Cr.

Rohit Racca and Abhijeet Bhosale serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999PN2020PTC192297

  • Company No.

    192297

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Jul 2020

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Consumer Electronics & Durables

Who are the key members and board of directors at Verivo Enterprises?

Board Members (2)

NameDesignationAppointment DateStatus
Abhijeet Bhosale Country flag representing In Director 23-Jul-2020Current
Rohit Racca Country flag representing In Director 23-Jul-2020Current

Financial Performance of Verivo Enterprises.

Verivo Enterprises Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 92.59% increase. The company also saw a substantial improvement in profitability, with a 21.58% increase in profit. The company's net worth Soared by an impressive increase of 58.26%.

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
92.59%
Revenue from Operations
92.59%
Total Assets
52.77%
Profit or Loss
21.58%
Net Worth
58.26%
EBITDA
573.84%

What is the Ownership and Shareholding Structure of Verivo Enterprises?

Unlock access to Verivo Enterprises'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)

Open Charges

₹77.85 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 43.00 Cr
  • State Bank Of India : 34.85 Cr

Latest Charge Details

DateLenderAmountStatus
22 Mar 2024Axis Bank Limited₹43.00 CrOpen
14 Oct 2020State Bank Of India₹34.85 CrOpen

How Many Employees Work at Verivo Enterprises?

Verivo Enterprises has a workforce of 0 employees as of Apr 08, 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 Verivo Enterprises, 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 Verivo Enterprises'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 Verivo Enterprises

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 43.00 Cr with Charge ID 100894657 was registered on 22 Mar 2024.

    22 Mar 2024

  • Annual General Meeting

    Verivo Enterprises Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with State Bank Of India of Rs. 34.85 Cr registered on 14 Oct 2020 with Charge ID 100389886 was modified on 27 Jul 2023.

    27 Jul 2023

  • Balance Sheet

    Verivo Enterprises Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.

    31 Mar 2023

  • Charges

    A charge with State Bank Of India amounted to Rs. 34.85 Cr with Charge ID 100389886 was registered on 14 Oct 2020.

    14 Oct 2020

  • Director Appointment

    Rohit Suresh Racca was appointed as a Director was appointed as a Director on 23 Jul 2020 & has been associated with this company since 4 years 7 months .

    23 Jul 2020

Frequently asked questions

  • Verivo Enterprises Private Limited was incorporated on 23 Jul 2020.

  • The authorized share capital of Verivo Enterprises Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 2.00 Cr.

  • Currently 2 directors are associated with Verivo Enterprises Private Limited.

    • Rohit Suresh Racca
    • Abhijeet Kashiram Bhosale
  • As per Ministry of Corporate Affairs (Mca), the registered address of Verivo Enterprises Private Limited is Off No 39 2Nd Floor Sangam Project Phase Ii Iii Final Plot 82 T.P Sangamwadi Cts 4 0/1B-2 India, Pune, Maharashtra, 411001.

  • The corporate identification number (CIN) of Verivo Enterprises Private Limited is U74999PN2020PTC192297 and the company number is 192297 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Verivo Enterprises Private Limited has risen by 92.59%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Verivo Enterprises Private Limited has experienced an upsurge of 58.26%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Verivo Enterprises Private Limited amount to ₹ 77.85 Cr.

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