Verkote Spices Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
- Paid Up Capital ₹ 1.00 M
- Company Age 7 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 1.10 M
- Revenue Growth -32.71%
- Profit Growth 28.63%
- Ebitda 40.34%
- Net Worth -14.60%
- Total Assets -4.15%
About Verkote Spices
Verkote Spices Private Limited (VSPL) is a Private Limited Indian Non-Government Company incorporated in India on 09 October 2017 (Seven years and five months 19 days old ). Its registered office is in Ernakulam, Kerala, India.
The Company is engaged in the Food And Beverages 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 2.50 M and a paid-up capital of Rs 1.00 M.
The company currently has active open charges totaling ₹1.10 M.
Sudheerkumar Kollath and Sreelatha Kumar serve as directors at the Company.
Company Details
- Location
Ernakulam, Kerala, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U52609KL2017PTC050657
- Company No.
050657
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
09 Oct 2017
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ernakulam
Industry
Food and Beverages
What products or services does Verkote Spices Private Limited offer?
Verkote Spices Private Limited offers a wide range of products and services, including Cooking Spices and Masala, Whole Spices, Dry Fruits & Nuts, Raisins, Snacks and Namkeen, Roasted Snack, Tea & Coffee, Coffee Powder.
Who are the key members and board of directors at Verkote Spices?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sudheerkumar Kollath  | Managing Director | 09-Oct-2017 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sreelatha Kumar | Director | 09-Oct-2017 | Current |
Financial Performance of Verkote Spices.
Verkote Spices Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 32.71% decrease. The company also saw a substantial improvement in profitability, with a 28.63% increase in profit. The company's net worth observed a substantial decline by a decrease of 14.6%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Verkote Spices?
In 2021, Verkote Spices had a promoter holding of 92.50% and a public holding of 7.50%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹1.10 M
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- State Bank Of India : 0.11 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Dec 2017 | State Bank Of India | ₹1.10 M | Open |
How Many Employees Work at Verkote Spices?
Unlock and access historical data on people associated with Verkote Spices, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Verkote Spices, 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 Verkote Spices'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.
Latest Updates, News, and FAQs on Verkote Spices
Recent activity within the organization
- Annual General Meeting
Verkote Spices Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Verkote Spices Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ernakulam.
- Charges
A charge with State Bank Of India of Rs. 1.10 M registered on 21 Dec 2017 with Charge ID 100152030 was modified on 28 May 2020.
- Charges
A charge with State Bank Of India amounted to Rs. 1.10 M with Charge ID 100152030 was registered on 21 Dec 2017.
- Director Appointment
Sudheerkumar Kollath was appointed as a Managing Director was appointed as a Managing Director on 09 Oct 2017 & has been associated with this company since 7 years 5 months .
- Director Appointment
Sreelatha Sudheer Kumar was appointed as a Director was appointed as a Director on 09 Oct 2017 & has been associated with this company since 7 years 5 months .
Frequently asked questions
What is the Incorporation or founding date of Verkote Spices Private Limited?
Verkote Spices Private Limited was incorporated on 09 Oct 2017.
What is authorized share capital and paid-up capital of Verkote Spices Private Limited?
The authorized share capital of Verkote Spices Private Limited is ₹ 2.50 M and paid-up capital is ₹ 1.00 M.
Who are the current board members & directors of Verkote Spices Private Limited?
Currently 2 directors are associated with Verkote Spices Private Limited.
- Sudheerkumar Kollath
- Sreelatha Sudheer Kumar
What is the registered address of Verkote Spices Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Verkote Spices Private Limited is No-57/996 B Verkote Nss Ka Rayogam Jn. K.P. Vallon Road, India, Ernakulam, Kerala, 682020.
What is the corporate identification number (CIN) and company number of Verkote Spices Private Limited?
The corporate identification number (CIN) of Verkote Spices Private Limited is U52609KL2017PTC050657 and the company number is 050657 as per Ministry of Corporate Affairs (MCA).
What is the official website of Verkote Spices Private Limited?
The Official website of Verkote Spices Private Limited is https://www.verkotespices.com
What has been the recent revenue trend for Verkote Spices Private Limited?
According to the financial reports for the fiscal year 2021, the revenue trend for Verkote Spices Private Limited has fallen by -32.71%.
What change has been observed in the net worth of Verkote Spices Private Limited, and by what percentage?
The financial reports for the fiscal year 2021 indicates that The net worth of Verkote Spices Private Limited has experienced an downturn of -14.60%.
What are the total open charges for Verkote Spices Private Limited?
As per the financial statements for fiscal Year 2021, The total open charges for Verkote Spices Private Limited amount to ₹ 1.10 M.
When was the last Balance Sheet of Verkote Spices Private Limited filed with the ROC?
The most recent Balance Sheet for Verkote Spices Private Limited was filed with the ROC on 31 Mar 2023.