Verve Automotives Private Limited

Trading company specializing in motor vehicle parts and accessories, established in 2010 and based in Delhi.

2010 | Delhi (India) | Active
Last Updated:

Verve Automotives Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 2.00 Cr
  • Company Age 15 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 104.84 Cr
  • Satisfied Charges ₹ 21.75 Cr
  • Revenue Growth 32.60%
  • Profit Growth 13192.31%
  • Ebitda 37.92%
  • Net Worth 16.41%
  • Total Assets -3.46%

About Verve Automotives

Verve Automotives Private Limited (VAPL) is a Private Limited Indian Non-Government Company incorporated in India on 10 February 2010 and has a history of 15 years and two months. Its registered office is in Delhi, India.

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.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • 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

Automotive
Company report

Verve Automotives Private Limited

Explore comprehensive data for Verve Automotives Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Verve Automotives?

Board Members (3)

NameDesignationAppointment DateStatus
Prabhat Gupta Country flag representing In Director 15-Nov-2018Current
Sabir Rahman Country flag representing In Director 11-Jan-2019Current
Praveer Gupta Country flag representing In Director 08-Dec-2021Current

Financial Performance 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%.

Verve Automotives revenue growth over time
Verve Automotives 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
32.60%
Revenue from Operations
32.35%
Total Assets
-3.46%
Profit or Loss
13192.31%
Net Worth
16.41%
EBITDA
37.92%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹104.84 Cr

Satisfied Charges

₹21.75 Cr

Charges Breakdown by Lending Institutions

  • Others : 104.84 Cr

Latest Charge Details

DateLenderAmountStatus
12 Dec 2022Others₹2.59 CrOpen
23 Jun 2022Others₹27.09 CrOpen
22 Nov 2013Others₹8.28 CrOpen
20 Sep 2013Others₹27.51 CrOpen
04 Jan 2013Others₹30.50 CrOpen

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.

Employee growth trends for Verve Automotives Private Limited

Deals i

Graph showing company valuation over time

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

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 Verve Automotives

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 27.09 Cr registered on 23 Jun 2022 with Charge ID 100590749 was modified on 16 Jul 2024.

  • Annual General Meeting

    Verve Automotives Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Verve Automotives Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

  • Charges

    A charge with Others amounted to Rs. 2.59 Cr with Charge ID 100655065 was registered on 12 Dec 2022.

  • Charges

    A charge with Others amounted to Rs. 27.09 Cr with Charge ID 100590749 was registered on 23 Jun 2022.

  • Director Appointment

    Praveer Gupta was appointed as a Director was appointed as a Director on 08 Dec 2021 & has been associated with this company since 3 years 5 months .

Frequently asked questions

  • What is the Incorporation or founding date of Verve Automotives Private Limited?

    Verve Automotives Private Limited was incorporated on 10 Feb 2010.

  • What is authorized share capital and paid-up capital of Verve Automotives Private Limited?

    The authorized share capital of Verve Automotives Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 2.00 Cr.

  • Who are the current board members & directors of Verve Automotives Private Limited?

    Currently 3 directors are associated with Verve Automotives Private Limited.

    • Prabhat Gupta
    • Sabir Amin Rahman
    • Praveer Gupta

  • What is the registered address of Verve Automotives Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Verve Automotives Private Limited is 16-A, Uday Plaza Park India, New Delhi, 110049.

  • What is the corporate identification number (CIN) and company number of Verve Automotives Private Limited?

    The corporate identification number (CIN) of Verve Automotives Private Limited is U50401DL2010PTC198903 and the company number is 198903 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Verve Automotives Private Limited?

    The Official website of Verve Automotives Private Limited is https://www.crownhonda.in

  • What has been the recent revenue trend for Verve Automotives Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Verve Automotives Private Limited has risen by 32.60%.

  • How many employees does Verve Automotives Private Limited currently have?

    As Per 2022 financial reports, 46 employees are currently employed by Verve Automotives Private Limited.

  • What change has been observed in the net worth of Verve Automotives Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Verve Automotives Private Limited has experienced an upsurge of 16.41%.

  • What are the total open charges for Verve Automotives Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Verve Automotives Private Limited amount to ₹ 104.84 Cr.

  • When was the last Balance Sheet of Verve Automotives Private Limited filed with the ROC?

    The most recent Balance Sheet for Verve Automotives Private Limited was filed with the ROC on 31 Mar 2023.

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial

People also Viewed

Similar Companies Based on Auto Dealership & Trading