Verolt Engineering Private Limited

Provides computer-aided design and manufacturing tools/software and IT-enabled services globally.

2019 | Pune, Maharashtra (India) | Active
Last Updated: October 24, 2024

Verolt Engineering Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 5 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 110.41%
  • Profit Growth -72.35%
  • Ebitda 371.37%
  • Net Worth -334.39%
  • Total Assets 71.81%

About Verolt Engineering

Verolt Engineering Private Limited (VEPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 14 August 2019 (Five years and five months 25 days old ). Its registered office is in Pune, Maharashtra, India.

The Company is engaged in the Information Technology 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 1.50 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Samarjit Bose and Pingal Roy 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

    U72200PN2019PTC186084

  • Company No.

    186084

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Aug 2019

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Information Technology

Who are the key members and board of directors at Verolt Engineering?

Board Members (2)

Name Designation Appointment Date Status
Samarjit Bose Country flag representing In Director 06-Dec-2021 Current
Pingal Roy Country flag representing In Director 14-Aug-2019 Current

Financial Performance of Verolt Engineering.

Verolt Engineering Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 110.41% increase. The company also saw a substantial fall in profitability, with a 72.35% decrease in profit. The company's net worth observed a substantial decline by a decrease of 334.39%.

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
110.41%
Revenue from Operations
110.41%
Total Assets
71.81%
Profit or Loss
-72.35%
Net Worth
-334.39%
EBITDA
371.37%

What is the Ownership and Shareholding Structure of Verolt Engineering?

In 2022, Verolt Engineering had a promoter holding of 99.64% and a public holding of 0.36%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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 Verolt Engineering?

Verolt Engineering has a workforce of 126 employees as of Apr 04, 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 Verolt 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 Verolt Engineering'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 Verolt Engineering

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

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

    31 Mar 2023

  • Director Appointment

    Samarjit Samarendra Bose was appointed as a Director was appointed as a Director on 06 Dec 2021 & has been associated with this company since 3 years 2 months .

    06 Dec 2021

  • Director Appointment

    Pingal Roy was appointed as a Director was appointed as a Director on 14 Aug 2019 & has been associated with this company since 5 years 5 months .

    14 Aug 2019

  • Company Incorporation

    Verolt Engineering Private Limited was registered on 14 Aug 2019 with Roc Pune & aged 5 years 5 months as per MCA records.

    14 Aug 2019

Frequently asked questions

  • Verolt Engineering Private Limited was incorporated on 14 Aug 2019.

  • The authorized share capital of Verolt Engineering Private Limited is ₹ 1.50 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Verolt Engineering Private Limited.

    • Samarjit Samarendra Bose
    • Pingal Roy
  • As per Ministry of Corporate Affairs (Mca), the registered address of Verolt Engineering Private Limited is Office No.306 3Rd Floor Gagan Uno Plot No. 4 To 8 Final Plot No.153 Tps Scheme 3 Sangamwad I, Tal-Have India, Pune, Maharashtra, 411001.

  • The corporate identification number (CIN) of Verolt Engineering Private Limited is U72200PN2019PTC186084 and the company number is 186084 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Verolt Engineering Private Limited is https://www.verolt.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Verolt Engineering Private Limited has risen by 110.41%.

  • As Per 2023 financial reports, 126 employees are currently employed by Verolt Engineering Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Verolt Engineering Private Limited has experienced an downturn of -334.39%.

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

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