About Verage
Verage is a company based in Delhi (India) founded in 2003. The company has 1 employees. Verage offers products and services including Suitcases and Backpacks.
- Headquarter Delhi, India
- Employees 1
- SectorsIndustrial Goods & ManufacturingConsumer
- Social Facebook Instagram
- Legal Name Verage Luggage Private Limited
- Date of Incorporation 22 Nov, 2011
- Jurisdiction Delhi, India
- Annual Revenue₹9,796
FY 2020
- Net Loss-₹70,909
FY 2020 · -724% margin
- EBITDA-₹41,416
FY 2020 · -423% margin
- Employee Count1
Associated legal entities of Verage
Verage operates through Verage Luggage Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2020) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Verage Luggage Private Limited CIN U19120DL2011PTC227790 | Active | 22 Nov 2011 | Delhi, Delhi | ₹0.0 Cr | – | 3 | View details |
Products & Services of Verage
Verage offers a comprehensive portfolio of products and services, including Suitcases and Backpacks.
Suitcases are manufactured by VERAGE for various travel needs, including lightweight and durable options for adventurers.
Backpacks are produced by VERAGE to support everyday and professional travel, incorporating features for tech storage and mobility.
Board of directors of Verage Luggage Private Limited (Verage)
Verage Luggage Private Limited is the primary company behind Verage. The board of Verage Luggage Private Limited currently have 3 directors; the longest-serving is Deepakshi Bhanot, appointed in 2011. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Deepakshi Bhanot DIN 05108593 | Director | 22 Nov 2011 | 14 yrs 10 mo | Verage Luggage Private Limited |
| Ruchir Bhanot DIN 05108594 | Director | 22 Nov 2011 | 14 yrs 10 mo | Verage Luggage Private Limited |
| Ajay Kumar Gupta DIN 05108592 | Director | 22 Nov 2011 | 14 yrs 10 mo | Verage Luggage Private Limited |
Financials of Verage
Figures of Verage Luggage Private Limited, the primary company behind Verage, for FY 2020. Revenue was ₹9,796. Net loss was -₹70,909 (-724% margin). EBITDA was -₹41,416 (-423% margin). Revenue has grown at a compounded annual rate of -86% over three years and -83% over five years.
- ₹9,796Revenue · FY 2020
- -₹70,909Net loss · -724% margin
- -₹41,416EBITDA · -423% margin
- ₹5.5 LakhPaid-up capital
- -86%Revenue CAGR, 3 years
- -83%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Verage Luggage Private Limited are on its company page.
Detailed financial statements for Verage
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
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Web traffic of Verage
The website of Verage (verage.in) receives about 5.4K visits a month.
- Monthly visits5.4K
▲ 107% vs previous month
Similar companies to Verage
10 companies that operate in the same segment as Verage (Textile & Yarn Production), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Manufacturer of regenerated nylon yarn and polymers for textiles and plastics | 1965 | Arco, Trentino-alto Adige, Italy | USD 171.28 M | USD 611.99 M | 2,490 | |
Bicycle manufacturing, sales, and accessory services in India. | 1956 | Gurugram, Haryana, India | – | USD 246.88 M | 2,472 | |
Fabrics, synthetic yarns, viscose, chemicals, and linen products are manufactured. | 1947 | Ujjain, Madhya Pradesh, India | – | USD 18.65 B | 47,020 | |
Home textile products are manufactured, retailed, and distributed globally. | 1985 | Bengaluru, Karnataka, India | – | USD 253.24 M | 8,060 | |
Yarns, threads, and craft accessories are manufactured by DMC. | 1746 | Edison, New Jersey, United States | – | – | – | |
CIEL is a Mauritian conglomerate operating in multiple sectors. | 1912 | Ebene, Plaines Wilhems, Mauritius | USD 38.43 M | – | – | |
GHCL Textiles Limited is a leading manufacturer and supplier of yarns, including open-end yarns, ring-spun cotton yarns, blend ring-spun yarns, and... | 1927 | Noida, Uttar Pradesh, India | – | USD 139.52 M | 3,050 | |
Conglomerate having interest in Manufacturing, Finance, Fashion and Telecom. | 1956 | Mumbai, Maharashtra, India | – | USD 15.45 B | 23,055 | |
Industrial thread is manufactured by Coats for global industries. | 1755 | Uxbridge, Greater London, United Kingdom | – | USD 1.49 B | – | |
Textile yarns are manufactured and exported by Sanathan. | 2006 | Mumbai, Maharashtra, India | – | USD 405.87 M | 1,430 |
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Frequently Asked Questions about Verage
Verage was founded in 2003.
Verage is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Verage has 1 employees.
The primary company behind Verage, Verage Luggage Private Limited, reported revenue of ₹9,796 for FY 2020.
VERAGE was established in 1958 in Manchester, drawing from a heritage of craftsmanship in harness making by William Moore. Suitcases and travel gear are created by the company to blend lightweight design with durability, catering to young travelers. Products have been distributed in over 86 countries, with innovations like patented technology enhancing user experiences. A campaign in 2020 invited global exploration, and the company continues to adapt to modern travel demands through retail outlets in more than 97 countries.
Verage offers Suitcases and Backpacks.
Verage operates through Verage Luggage Private Limited.
The legal entities of Verage currently have 3 directors, including Deepakshi Bhanot, Ruchir Bhanot, Ajay Kumar Gupta.