Verum Properties Limited

Founded in 1985 and headquartered in Delhi, India.

1985 | Delhi (India) | Active
Last Updated:

Verum Properties Profile

Key Indicators

  • Authorised Capital ₹ 7.00 Cr
  • Paid Up Capital ₹ 6.60 Cr
  • Company Age 39 Year, 8 Months
  • Last Filing with ROC 31 Mar 2022
  • Open Charges ₹ 0.31 M
  • Satisfied Charges ₹ 0.34 M
  • Revenue Growth -4.54%
  • Profit Growth -53.57%
  • Ebitda -49.96%
  • Net Worth 0.37%
  • Total Assets 16.21%

About Verum Properties

Verum Properties Limited (VPL) is a Public Limited Indian Non-Government Company incorporated in India on 19 June 1985 and has a history of 39 years and eight months. Its registered office is in Delhi, India.

The Company is engaged in the Real Estate Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2022. It's a company limited by shares with an authorized capital of Rs 7.00 Cr and a paid-up capital of Rs 6.60 Cr.

The company currently has active open charges totaling ₹0.31 M. The company has closed loans amounting to ₹0.34 M, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Verum Properties Limited India are Nishi Talwar as COMPANY SECRETARY and Rahul Kumar as Cfo. Rahul Kumar, Vikas, Nanki Kachchhap, and One other member serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    L74899DL1985PLC021256

  • Company No.

    021256

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    19 Jun 1985

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Listed

  • ROC Code

    Roc Delhi

Industry

Real Estate

Who are the key members and board of directors at Verum Properties?

Executive Team (2)

NameDesignationAppointment DateStatus
Nishi Talwar Country flag representing In Company Secretary22-Feb-2024Current
Rahul Kumar Country flag representing In CFO01-Jan-2019Current

Board Members (4)

NameDesignationAppointment DateStatus
Rahul Kumar Country flag representing In Whole-Time Director and Cfo 24-Dec-2014Current
Vikas Country flag representing In Director 09-Aug-2018Current
Nanki Kachchhap Country flag representing In Director 23-Mar-2018Current
Chandan Mandal Country flag representing In Director 23-Mar-2018Current

Financial Performance of Verum Properties.

Verum Properties Limited, for the financial year ended 2017, experienced Minor drop in revenue, with a 4.54% decrease. The company also saw a substantial fall in profitability, with a 53.57% decrease in profit. The company's net worth moved up by a moderate rise of 0.37%.

Verum Properties revenue growth over time
Verum Properties 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
-4.54%
Revenue from Operations
-6.02%
Total Assets
16.21%
Profit or Loss
-53.57%
Net Worth
0.37%
EBITDA
-49.96%

What is the Ownership and Shareholding Structure of Verum Properties?

In 2017, Verum Properties had a promoter holding of 10.00% and a public holding of 90.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.03 Cr

Satisfied Charges

₹0.03 Cr

Charges Breakdown by Lending Institutions

  • Punjab & Sind Bank : 0.03 Cr

Latest Charge Details

DateLenderAmountStatus
21 Nov 2003Punjab & Sind Bank₹0.31 MOpen
03 Jul 1998Punjab & Sind Bank₹0.34 MSatisfied

How Many Employees Work at Verum Properties?

Unlock and access historical data on people associated with Verum Properties, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Verum Properties Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Verum Properties, 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 Verum Properties'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 Verum Properties

Recent activity within the organization

  • Director Appointment

    Nishi Talwar was appointed as a Company Secretary was appointed as a Company Secretary on 22 Feb 2024 & has been associated with this company since 1 year 11 days .

  • Annual General Meeting

    Verum Properties Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

  • Balance Sheet

    Verum Properties Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Delhi.

  • Director Appointment

    Vikas was appointed as a Director was appointed as a Director on 09 Aug 2018 & has been associated with this company since 6 years 6 months .

  • Director Appointment

    Nanki Kachchhap was appointed as a Director was appointed as a Director on 23 Mar 2018 & has been associated with this company since 6 years 11 months .

  • Director Appointment

    Chandan Mandal was appointed as a Director was appointed as a Director on 23 Mar 2018 & has been associated with this company since 6 years 11 months .

Frequently asked questions

  • What is the Incorporation or founding date of Verum Properties Limited?

    Verum Properties Limited was incorporated on 19 Jun 1985.

  • What is authorized share capital and paid-up capital of Verum Properties Limited?

    The authorized share capital of Verum Properties Limited is ₹ 7.00 Cr and paid-up capital is ₹ 6.60 Cr.

  • Who are the current board members & directors of Verum Properties Limited?

    Currently 6 directors are associated with Verum Properties Limited.

    • Rahul Kumar
    • Vikas
    • Nanki Kachchhap
    • Chandan Mandal
    • Nishi Talwar
    • Rahul Kumar

  • What is the registered address of Verum Properties Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Verum Properties Limited is C.20, Top Floor Pvt No.401 Aruna Park Laxmi Nagar India, New Delhi, 110092.

  • What is the corporate identification number (CIN) and company number of Verum Properties Limited?

    The corporate identification number (CIN) of Verum Properties Limited is L74899DL1985PLC021256 and the company number is 021256 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Verum Properties Limited?

    The Official website of Verum Properties Limited is https://www.fairdealpropertiesltd.com

  • What has been the recent revenue trend for Verum Properties Limited?

    According to the financial reports for the fiscal year 2017, the revenue trend for Verum Properties Limited has fallen by -4.54%.

  • What change has been observed in the net worth of Verum Properties Limited, and by what percentage?

    The financial reports for the fiscal year 2017 indicates that The net worth of Verum Properties Limited has experienced an upsurge of 0.37%.

  • What are the total open charges for Verum Properties Limited?

    As per the financial statements for fiscal Year 2017, The total open charges for Verum Properties Limited amount to ₹ 0.31 M.

  • When was the last Balance Sheet of Verum Properties Limited filed with the ROC?

    The most recent Balance Sheet for Verum Properties Limited was filed with the ROC on 31 Mar 2022.

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