Veronica Commerce Private Limited
About Veronica Commerce Private Limited
Data last updated:
Veronica Commerce Private Limited was a private limited company based in Kolkata, West Bengal, India, operated as a subsidiary of Narayani Nirman Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the diversified financial services segment of the financial services sector. It was incorporated on 12 February 2007.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U51109WB2007PTC113318.
The company had an authorised share capital of ₹39 Lakh and a paid-up capital of ₹38.92 Lakh. It was led by directors Vivek Passary and Dina Nath Passary.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Kolkata, West Bengal.
As per the financials filed for FY 2023, the company reported a revenue of ₹8.05 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹18.03 Lakh (net margin -224.1%) and EBITDA of ₹92,714 (EBITDA margin 11.5%). Revenue has grown at a compounded annual rate (CAGR) of 40% over three years and 47% over five years.
Court records list 1 case involving the company, including 1 filed by the company.
Company details
Contact details
Veronica Commerce Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address209 Acharya Jagadish Chandra Bose Road Karnani Estates, 3rd Floor Suit – 166 India, Kolkata, West Bengal, India – 700017
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Veronica Commerce Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Veronica Commerce is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Veronica Commerce Private Limited, buy the company report.
Financials of Veronica Commerce Private Limited
FY 2023 filings availableVeronica Commerce Private Limited reported revenue of ₹8.05 Lakh (up 6055% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 47% over five years. EBITDA rose 809% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹8.05 Lakh | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹92,714 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹18.03 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.5% | ||||
| Net Profit Margin | -224.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Veronica Commerce Private Limited, buy the company report.
Board of directors of Veronica Commerce Private Limited
Veronica Commerce has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vivek Passary Also directs: Narayani Sons India Private Limited, Goldwave Securities Ltd, Ashika Fintrade Pvt Ltd and 1 more | Director | 10 Oct 2019 | 7 Years 0 Months | As last reported |
| Dina Nath Passary Also directs: Narayani Sons India Private Limited, Goldwave Securities Ltd, Ashika Fintrade Pvt Ltd and 2 more | Director | 10 Oct 2019 | 7 Years 0 Months | As last reported |
Peer comparison
Veronica Commerce Private Limited is compared with the 6 companies closest to it by revenue in the BFSI industry (Other Financial Services), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Adventure Services Private Limited (Transferred From Delhi) | ₹8.06 Lakh (FY 2024) | 10.0% | Jaipur, Rajasthan, India | |||
| Great Akhshayaa Financial Consultancy Private Limited | ₹8.06 Lakh (FY 2025) | 36.0% | Kancheepuram, Tamil Nadu, India | |||
| Gaurav Comtrade Private Limited | ₹8.05 Lakh (FY 2024) | -4.0% | New Delhi, Delhi, India | |||
| Amijyot Financial Services Private Limited | ₹8.05 Lakh (FY 2024) | 322.0% | Ahmedabad, Gujarat, India | |||
| Veronica Commerce Private Limitedthis company | ₹8.05 Lakh (FY 2023) | -₹18.03 Lakh | -224.1% | 6055.0% | Kolkata, West Bengal, India | |
| Meeshi Holidays Private Limited | ₹8.04 Lakh (FY 2025) | 63.0% | New Delhi, Delhi, India | |||
| Baid (India) Pvt Ltd | ₹8.03 Lakh (FY 2024) | 21380.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Veronica Commerce Private Limited, buy the company report.
Auditor
Veronica Commerce Private Limited is audited by GANESH A AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GANESH A AND ASSOCIATES | FY 2023 | 332038E |
Shareholding
The shareholding of Veronica Commerce Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Veronica Commerce Private Limited, buy the company report.
Legal cases
Veronica Commerce Private Limited has 1 court case on record: 1 filed by Veronica Commerce. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Kolkata | Court case (C.P.(CAA)) | Filed by the company | Disposed |
To see the full case history of Veronica Commerce Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Veronica Commerce Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Veronica Commerce Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Veronica Commerce Private Limited has 12 board changes on record since 2011: 2 appointments and 10 cessations. The latest: Dina Nath Passary ceased to be Additional Director on 30 Nov 2021.
3 earlier events are in the company report.
Frequently asked questions
Veronica Commerce has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Veronica Commerce was a private limited company based in Kolkata, West Bengal, India. The company worked in diversified financial services, within the financial services industry. It was incorporated on 12 February 2007 and is registered under CIN U51109WB2007PTC113318. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Veronica Commerce was incorporated on 12 February 2007. It is registered with the Registrar of Companies, Kolkata.
Veronica Commerce had 2 directors:
- Vivek Passary - Director
- Dina Nath Passary - Director
The CIN (Corporate Identification Number) of Veronica Commerce is U51109WB2007PTC113318. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Veronica Commerce is at 209 Acharya Jagadish Chandra Bose Road Karnani Estates, 3rd Floor Suit – 166 India, Kolkata, West Bengal, India – 700017.
The latest financial statements of Veronica Commerce on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
Veronica Commerce operated in the financial services industry, in the diversified financial services segment.
The peers of Veronica Commerce by revenue are Adventure Services Private Limited (Transferred From Delhi), Great Akhshayaa Financial Consultancy Private Limited, Gaurav Comtrade Private Limited, Amijyot Financial Services Private Limited, Meeshi Holidays Private Limited and 1 more, all in the BFSI industry (Other Financial Services), with the same principal business activity (other financial activities).
Veronica Commerce has 1 court case on record: 1 filed by the company.
Dina Nath Passary ceased to be Additional Director on 30 Nov 2021. Vivek Passary ceased to be Additional Director on 30 Nov 2021. Banwari Lal Jhalani ceased to be Additional Director on 10 Oct 2019. Veronica Commerce has 12 board changes on record in total.