Verma Finsec Private Limited
About Verma Finsec Private Limited
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Verma Finsec Private Limited was a private limited company based in New Delhi, Delhi, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the financial services and investment segment of the financial services sector. It was incorporated on 23 September 2014.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U65923DL2014PTC271793.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Rajesh Verma and Rekha Verma.
Its last annual general meeting (AGM) was held on 12 July 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at E – 35 Jangpura Extension, New Delhi, Delhi, India – 110014.
As per the financials filed for FY 2017, the company reported a revenue of ₹3.65 Lakh, a decline of 64% compared to the previous year. For the same year it recorded a net loss of ₹5.74 Lakh (net margin -157.3%) and EBITDA of -₹5.66 Lakh (EBITDA margin -155.1%).
Company details
Contact details
Verma Finsec Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressE – 35 Jangpura Extension, New Delhi, Delhi, India – 110014
- IndustryFinancial Services, Financial Activities
To see the full contact details of Verma Finsec 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
Financials of Verma Finsec Private Limited
FY 2017 filings availableVerma Finsec Private Limited reported revenue of ₹3.65 Lakh (down 64% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 64% in the latest year. EBITDA fell 180% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹3.65 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹5.66 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹5.74 Lakh | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -155.1% | ||
| Net Profit Margin | -157.3% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
| Interest Coverage Ratio | |||
| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
| Payable Days | |||
| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Verma Finsec Private Limited, buy the company report.
Board of directors of Verma Finsec Private Limited
Verma Finsec has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Verma | Director | 23 Sep 2014 | 12 Years 1 Months | As last reported |
| Rekha Verma | Director | 23 Sep 2014 | 12 Years 1 Months | As last reported |
Auditor
Verma Finsec Private Limited is audited by DEEPA GUPTA for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DEEPA GUPTA | FY 2017 | 520952 |
Shareholding
The shareholding of Verma Finsec Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Verma Finsec Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Verma Finsec Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Verma Finsec 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 Verma Finsec Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Verma Finsec Private Limited has 2 board changes on record since 2014: 2 appointments. The latest: Rajesh Verma was appointed as Director on 23 Sep 2014.
Frequently asked questions
Verma Finsec has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Verma Finsec was a private limited company based in New Delhi, Delhi, India. The company worked in financial activities, within the financial services industry. It was incorporated on 23 September 2014 and is registered under CIN U65923DL2014PTC271793. The company has been struck off by the Registrar of Companies and is no longer operational.
Verma Finsec had 2 directors:
- Rajesh Verma - Director
- Rekha Verma - Director
The CIN (Corporate Identification Number) of Verma Finsec is U65923DL2014PTC271793. 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 Verma Finsec is at E – 35 Jangpura Extension, New Delhi, Delhi, India – 110014.
Verma Finsec was incorporated on 23 September 2014. It is registered with the Registrar of Companies, Delhi.
The latest financial statements of Verma Finsec on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 12 July 2017. Year-wise statements from 2015 are in the company report.
Verma Finsec operated in the financial services industry, in the financial activities segment. It worked in this industry before it was struck off.
Rajesh Verma was appointed as Director on 23 Sep 2014. Rekha Verma was appointed as Director on 23 Sep 2014.
Verma Finsec can be reached at its registered office: E – 35 Jangpura Extension, New Delhi, Delhi, India – 110014.