Verritas Furniture Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
- Paid Up Capital ₹ 1.31 M
- Company Age 21 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 4.58 Cr
- Satisfied Charges ₹ 6.50 M
- Revenue Growth 47.47%
- Profit Growth 52.32%
- Ebitda 40.01%
- Net Worth 30.28%
- Total Assets 29.83%
About Verritas Furniture
Verritas Furniture Private Limited (VFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 April 2003 and has a history of 21 years and ten months. Its registered office is in Kolkata, West Bengal, India.
The Corporate was formerly known as Varioform Private Limited. 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 2.50 M and a paid-up capital of Rs 1.31 M.
The company currently has active open charges totaling ₹4.58 Cr. The company has closed loans amounting to ₹6.50 M, as per Ministry of Corporate Affairs (MCA) records.
Sandip Biswas and Sumit Poddar serve as directors at the Company.
Company Details
- Location
Kolkata, West Bengal, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U36101WB2003PTC096052
- Company No.
096052
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
16 Apr 2003
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Kolkata
Industry
Consumer Electronics & Durables
Verritas Furniture Private Limited
Explore comprehensive data for Verritas Furniture Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Verritas Furniture?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sumit Poddar  | Director | 16-Apr-2003 | Current |
| Sandip Biswas | Director | 09-Dec-2009 | Current |
Financial Performance of Verritas Furniture.
Verritas Furniture Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 47.47% increase. The company also saw a substantial improvement in profitability, with a 52.32% increase in profit. The company's net worth Soared by an impressive increase of 30.28%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Verritas Furniture?
In 2022, Verritas Furniture had a promoter holding of 87.63% and a public holding of 12.37%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹45.77 M
Satisfied Charges
₹6.50 M
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 4.58 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 May 2023 | Hdfc Bank Limited | ₹2.00 M | Open |
| 03 Nov 2022 | Hdfc Bank Limited | ₹1.21 M | Open |
| 30 Mar 2022 | Hdfc Bank Limited | ₹1.54 M | Open |
| 06 Oct 2020 | Hdfc Bank Limited | ₹4.10 Cr | Open |
| 09 Dec 2005 | Vijaya Bank | ₹6.50 M | Satisfied |
How Many Employees Work at Verritas Furniture?
Verritas Furniture has a workforce of 36 employees as of Apr 05, 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 Verritas Furniture, 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 Verritas Furniture'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 Verritas Furniture
Recent activity within the organization
- Charges
A charge with Hdfc Bank Limited of Rs. 41.02 M registered on 06 Oct 2020 with Charge ID 100382803 was modified on 24 Nov 2023.
- Annual General Meeting
Verritas Furniture Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 2.00 M with Charge ID 100801097 was registered on 10 May 2023.
- Balance Sheet
Verritas Furniture Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.21 M with Charge ID 100643883 was registered on 03 Nov 2022.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.54 M with Charge ID 100574030 was registered on 30 Mar 2022.
Frequently asked questions
What is the Incorporation or founding date of Verritas Furniture Private Limited?
Verritas Furniture Private Limited was incorporated on 16 Apr 2003.
What is authorized share capital and paid-up capital of Verritas Furniture Private Limited?
The authorized share capital of Verritas Furniture Private Limited is ₹ 2.50 M and paid-up capital is ₹ 1.31 M.
Who are the current board members & directors of Verritas Furniture Private Limited?
Currently 2 directors are associated with Verritas Furniture Private Limited.
- Sandip Biswas
- Sumit Poddar
What is the registered address of Verritas Furniture Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Verritas Furniture Private Limited is 15/B Garden Reach Road Kolkata, West Bengal, India, 700024.
What is the corporate identification number (CIN) and company number of Verritas Furniture Private Limited?
The corporate identification number (CIN) of Verritas Furniture Private Limited is U36101WB2003PTC096052 and the company number is 096052 as per Ministry of Corporate Affairs (MCA).
What is the official website of Verritas Furniture Private Limited?
The Official website of Verritas Furniture Private Limited is https://www.verritas.in
What has been the recent revenue trend for Verritas Furniture Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Verritas Furniture Private Limited has risen by 47.47%.
How many employees does Verritas Furniture Private Limited currently have?
As Per 2023 financial reports, 36 employees are currently employed by Verritas Furniture Private Limited.
What change has been observed in the net worth of Verritas Furniture Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Verritas Furniture Private Limited has experienced an upsurge of 30.28%.
What are the total open charges for Verritas Furniture Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Verritas Furniture Private Limited amount to ₹ 4.58 Cr.
When was the last Balance Sheet of Verritas Furniture Private Limited filed with the ROC?
The most recent Balance Sheet for Verritas Furniture Private Limited was filed with the ROC on 31 Mar 2023.
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