Verven Coatings Private Limited

Produces and sells paint products, established in 2006, based in Chennai, India.

2006 | Chennai, Tamil Nadu (India) | Active
Last Updated:

Verven Coatings Profile

Key Indicators

  • Authorised Capital ₹ 3.50 M
  • Paid Up Capital ₹ 3.20 M
  • Company Age 18 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 6.09 Cr
  • Satisfied Charges ₹ 4.73 M
  • Revenue Growth 16.44%
  • Profit Growth 3.43%
  • Ebitda 165.94%
  • Net Worth 16.22%
  • Total Assets 8.91%

About Verven Coatings

Verven Coatings Private Limited (VCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 10 May 2006 and has a history of 18 years and 11 months. Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Chemicals And Materials 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 3.50 M and a paid-up capital of Rs 3.20 M.

The company currently has active open charges totaling ₹6.09 Cr. The company has closed loans amounting to ₹4.73 M, as per Ministry of Corporate Affairs (MCA) records.

Karuppaiah Anandh, Anuradha Ramaswamy, and Mahalingam Mohanraj serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24222TN2006PTC059771

  • Company No.

    059771

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 May 2006

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Chemicals and Materials

What products or services does Verven Coatings Private Limited offer?

Verven Coatings Private Limited offers a wide range of products and services, including Interior and Exterior Painting Service, Spray Painting Service, Nail Set, Nail Top Coat, Decorative Paints and coatings, British Paint, Paints, Heat Resistant Paint.

Company report

Verven Coatings Private Limited

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

Who are the key members and board of directors at Verven Coatings?

Executive Team (1)

NameDesignationAppointment DateStatus
Anuradha Ramaswamy Country flag representing In Managing Director21-Jun-2006Current

Board Members (2)

NameDesignationAppointment DateStatus
Mahalingam Mohanraj Country flag representing In Director 10-Apr-2007Current
Karuppaiah Anandh Country flag representing In Director 21-Jun-2006Current

Financial Performance of Verven Coatings.

Verven Coatings Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 16.44% increase. The company also saw a slight improvement in profitability, with a 3.43% increase in profit. The company's net worth Soared by an impressive increase of 16.22%.

Verven Coatings revenue growth over time
Verven Coatings 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
16.44%
Revenue from Operations
16.44%
Total Assets
8.91%
Profit or Loss
3.43%
Net Worth
16.22%
EBITDA
165.94%

What is the Ownership and Shareholding Structure of Verven Coatings?

In 2023, Verven Coatings 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

₹60.93 M

Satisfied Charges

₹4.73 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 4.46 Cr
  • Tata Capital Housing Finance Limited : 1.63 Cr

Latest Charge Details

DateLenderAmountStatus
20 Jan 2024Hdfc Bank Limited₹1.09 CrOpen
28 Dec 2023Hdfc Bank Limited₹5.73 MOpen
28 Mar 2023Tata Capital Housing Finance Limited₹1.63 CrOpen
08 Jun 2016Hdfc Bank Limited₹2.80 CrOpen
05 Oct 2010State Bank Of India₹0.53 MSatisfied

How Many Employees Work at Verven Coatings?

Verven Coatings has a workforce of 55 employees as of Apr 07, 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 Verven Coatings Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Verven Coatings, 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 Verven Coatings'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 Verven Coatings

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 10.87 M with Charge ID 100867044 was registered on 20 Jan 2024.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 5.73 M with Charge ID 100902206 was registered on 28 Dec 2023.

  • Annual General Meeting

    Verven Coatings 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 of Rs. 28.03 M registered on 08 Jun 2016 with Charge ID 100034950 was modified on 15 Jun 2023.

  • Balance Sheet

    Verven Coatings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

  • Charges

    A charge with Tata Capital Housing Finance Limited amounted to Rs. 16.30 M with Charge ID 100706350 was registered on 28 Mar 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Verven Coatings Private Limited?

    Verven Coatings Private Limited was incorporated on 10 May 2006.

  • What is authorized share capital and paid-up capital of Verven Coatings Private Limited?

    The authorized share capital of Verven Coatings Private Limited is ₹ 3.50 M and paid-up capital is ₹ 3.20 M.

  • Who are the current board members & directors of Verven Coatings Private Limited?

    Currently 3 directors are associated with Verven Coatings Private Limited.

    • Karuppaiah Senthil Anandh
    • Anuradha Ramaswamy
    • Mahalingam Mohanraj

  • What is the registered address of Verven Coatings Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Verven Coatings Private Limited is 210 & 211 Sidco Industrial Estate Thirumazhisai, Chennai, Tamil Nadu, India, 600124.

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

    The corporate identification number (CIN) of Verven Coatings Private Limited is U24222TN2006PTC059771 and the company number is 059771 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Verven Coatings Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Verven Coatings Private Limited has risen by 16.44%.

  • How many employees does Verven Coatings Private Limited currently have?

    As Per 2023 financial reports, 55 employees are currently employed by Verven Coatings Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Verven Coatings Private Limited has experienced an upsurge of 16.22%.

  • What are the total open charges for Verven Coatings Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Verven Coatings Private Limited amount to ₹ 6.09 Cr.

  • When was the last Balance Sheet of Verven Coatings Private Limited filed with the ROC?

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

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