Verven Coatings Profile
Key Indicators
- Authorised Capital ₹ 3.50 M
- Paid Up Capital ₹ 3.20 M
- Company Age 18 Year, 8 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 eight 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
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.
Who are the key members and board of directors at Verven Coatings?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Anuradha Ramaswamy  | Managing Director | 21-Jun-2006 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Mahalingam Mohanraj | Director | 10-Apr-2007 | Current |
| Karuppaiah Anandh | Director | 21-Jun-2006 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Charges (Loans)
₹60.93 M
₹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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Jan 2024 | Hdfc Bank Limited | ₹1.09 Cr | Open |
| 28 Dec 2023 | Hdfc Bank Limited | ₹5.73 M | Open |
| 28 Mar 2023 | Tata Capital Housing Finance Limited | ₹1.63 Cr | Open |
| 08 Jun 2016 | Hdfc Bank Limited | ₹2.80 Cr | Open |
| 05 Oct 2010 | State Bank Of India | ₹0.53 M | Satisfied |
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.
Deals i
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
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.
