About Oleum Vera
Oleum Vera is a Consumer company based in Montreal (Canada) founded in 2016. An organic DIY beauty brand offering natural products. It operates on a B2C model. The company has 10 employees. Its Indian entity Vera Security India Private Limited reported revenue of ₹6.51 Cr. Its focus areas include Consumer Goods, Beauty and Personal Care, Organic Products and DIY Beauty.
Company details
Oleum Vera operates with a B2C model, focusing on producing consumer products, beauty and personal care, organic products, and diy beauty. An organic DIY beauty brand offering natural products. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
- Headquarters Montreal, Canada
- Employees 10
- SectorsConsumer
- Website oleumvera.com
- Social X Facebook
- Legal Name Vera Security India Private Limited
- Date of Incorporation 14 Jan, 2015
- Jurisdiction Bangalore, Karnataka, India
- Indian entity revenue₹6.51 Cr
FY 2023 · -42% YoY
- Indian entity net profit₹1.27 Cr
FY 2023 · 20% margin
- Indian entity EBITDA₹1.83 Cr
FY 2023 · 28% margin
- Employee Count10
Associated legal entities of Oleum Vera
Oleum Vera operates through Vera Security India Private Limited (under liquidation). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Vera Security India Private Limited CIN U72900KA2015FTC078322 | Under Liquidation | 14 Jan 2015 | Bangalore, Karnataka | ₹6.5 Cr | 10 | 3 | View details |
Board of directors of Vera Security India Private Limited (Oleum Vera)
Vera Security India Private Limited is the primary company behind Oleum Vera. The board of Vera Security India Private Limited currently have 3 directors; the longest-serving is Matthew John Reck, appointed in 2021. 10 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Matthew John Reck DIN 08077975 | Director | 17 Mar 2021 | 5 yrs 7 mo | Vera Security India Private Limited |
| Reddy Prasanth Neelapalem DIN 09738488 | Director | 16 Sep 2022 | 4 yrs 1 mo | Vera Security India Private Limited |
| Thirupal Gorige DIN 07929986 | IRP/RP/Liquidator | 02 Feb 2024 | 2 yrs 8 mo | Vera Security India Private Limited |
Financials of Oleum Vera
Figures of Vera Security India Private Limited, the primary company behind Oleum Vera, for FY 2023. Revenue was ₹6.51 Cr (-42% year on year). Net profit was ₹1.27 Cr (20% margin). EBITDA was ₹1.83 Cr (28% margin). Revenue has grown at a compounded annual rate of -27% over three years and -19% over five years.
- ₹6.51 CrRevenue · FY 2023 · -42% YoY
- ₹1.27 CrNet profit · 20% margin
- ₹1.83 CrEBITDA · 28% margin
- ₹1 LakhPaid-up capital
- 10Employees (provident fund records)
- -27%Revenue CAGR, 3 years
- -19%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Vera Security India Private Limited are on its company page.
Detailed financial statements for Oleum Vera
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Frequently Asked Questions about Oleum Vera
Oleum Vera was founded in 2016.
Oleum Vera is headquartered in Montreal, Canada. It is registered at Montreal, Quebec, Canada.
Oleum Vera has 10 employees.
The primary company behind Oleum Vera, Vera Security India Private Limited, reported revenue of ₹6.51 Cr for FY 2023, down 42% year on year.
Oleum Vera operates with a B2C model, focusing on producing consumer products, beauty and personal care, organic products, and diy beauty. An organic DIY beauty brand offering natural products. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
Oleum Vera operates through Vera Security India Private Limited.
The legal entities of Oleum Vera currently have 3 directors, including Matthew John Reck, Reddy Prasanth Neelapalem, Thirupal Gorige.