Verve Automotives Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
as on 05-12-2024
- Paid Up Capital ₹ 2.00 Cr
as on 05-12-2024
- Company Age 14 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 104.84 Cr
as on 05-12-2024
- Satisfied Charges ₹ 21.75 Cr
as on 05-12-2024
- Revenue 32.60%
(FY 2022)
- Profit 13192.31%
(FY 2022)
- Ebitda 37.92%
(FY 2022)
- Net Worth 16.41%
(FY 2022)
- Total Assets -3.46%
(FY 2022)
About Verve Automotives
The Company is engaged in the Automotive 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 ₹104.84 Cr. The company has closed loans amounting to ₹21.75 Cr, as per Ministry of Corporate Affairs (MCA) records.
Prabhat Gupta, Sabir Rahman, and Praveer Gupta serve as directors at the Company.
- CIN/LLPIN
U50401DL2010PTC198903
- Company No.
198903
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
10 Feb 2010
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Company Details
- Location
Delhi, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Verve Automotives?
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Prabhat Gupta  | Director | 15-Nov-2018 | Current |
| Sabir Rahman | Director | 11-Jan-2019 | Current |
| Praveer Gupta | Director | 08-Dec-2021 | Current |
Financial Performance and Corporate Structure Insights of Verve Automotives.
Verve Automotives Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 32.6% increase. The company also saw a substantial improvement in profitability, with a 13192.31% increase in profit. The company's net worth Soared by an impressive increase of 16.41%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Verve Automotives?
In 2022, Verve Automotives had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Capital Automotives Private LimitedActive 17 years 8 monthsPrabhat Gupta and Sabir Rahman are mutual person
Axon Autotec Private LimitedActive 13 years 9 monthsPrabhat Gupta and Sabir Rahman are mutual person
Axon Automotives Private LimitedActive 5 years 6 monthsPrabhat Gupta and Sabir Rahman are mutual person
- Action Automotives Private LimitedActive 11 years 7 months
Prabhat Gupta, Sabir Rahman and 1 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 12 Dec 2022 | ₹2.59 Cr | Open |
Others Creation Date: 23 Jun 2022 | ₹27.09 Cr | Open |
Others Creation Date: 22 Nov 2013 | ₹8.28 Cr | Open |
How Many Employees Work at Verve Automotives?
Verve Automotives has a workforce of 46 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Verve Automotives, 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 Verve Automotives'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.
