MSME (Udyam registered) Ministry of MSME
- Category
- Small (2022-23)
- Udyam number
- UDYAM-TN-03-0039079
Verna Paints Private Limited
Verna Paints Private Limited - metals and minerals in Coimbatore, Tamil Nadu, India. Directors, charges & compliance details.
Revenue · FY 2020
₹19.85 Lakh
Latest filing
Net loss · FY 2020
₹2.94 Lakh
Net margin -14.8%
EBITDA · FY 2020
₹13.44 Lakh
EBITDA margin 67.7%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹3.95 Cr
Secured borrowings
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
About Verna Paints Private Limited
Data last updated:
Verna Paints Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. It operates in the construction materials distribution segment of the metals and mining sector. It was incorporated on 02 May 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U36900TZ2019PTC032073. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Jayaprakash Muthusamy and Balasubramanian Anilmadhanbalan.
Its last annual general meeting (AGM) was held on 05 July 2021, and its latest financial statements are for the year ended 31 March 2020. The registered office is at No 85 Sarojini Road Siddhapudur, Coimbatore, Tamil Nadu, India – 641044.
As per the financials filed for FY 2020, the company reported a revenue of ₹19.85 Lakh. For the same year it recorded a net loss of ₹2.94 Lakh (net margin -14.8%) and EBITDA of ₹13.44 Lakh (EBITDA margin 67.7%).
As per MCA filings, the company has open charges of ₹3.95 Cr on record. Court records list 3 cases involving the company, including 3 filed against it; 2 cases are pending.
Verna Paints Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-03-0039079).
Company details
CIN U36900TZ2019PTC032073
Registration Number 032073
Incorporation Date 02 May 2019
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Date of Last AGM 05 July 2021
Date of Balance Sheet 31 March 2020
MSME Classification Small
Udyam Registration UDYAM-TN-03-0039079
Recognitions & Rankings of Verna Paints
Contact details
Verna Paints Private Limited's registered office is in Coimbatore, Tamil Nadu.
- Registered AddressNo 85 Sarojini Road Siddhapudur, Coimbatore, Tamil Nadu, India – 641044
- IndustryMetals and Minerals, Construction Materials Retail & Distribution
Comprehensive company report
Verna Paints Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Verna Paints is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Verna Paints Private Limited, buy the company report.
Financials of Verna Paints Private Limited
FY 2020 filings availableVerna Paints Private Limited reported revenue of ₹19.85 Lakh for FY 2020.
Revenue · FY 2020
₹19.85 Lakh
Net loss · FY 2020
₹2.94 Lakh margin -14.8%
EBITDA · FY 2020
₹13.44 Lakh margin 67.7%
Financial Statement Summary
| Metrics | FY 2019-20 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹13.44 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹2.94 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 2019-20 |
|---|---|
| Profitability | |
| EBITDA Margin | 67.7% |
| Net Profit Margin | -14.8% |
| 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 Verna Paints Private Limited, buy the company report.
Board of directors of Verna Paints Private Limited
Verna Paints has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jayaprakash Muthusamy | Director | 02 May 2019 | 7 Years 5 Months | Current |
| Balasubramanian Anilmadhanbalan | Director | 02 May 2019 | 7 Years 5 Months | Current |
Charges & borrowings
Open charges
₹3.95 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 May 2019 | 100266494 | State Bank of India | ₹3.95 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Verna Paints Private Limited has 3 court cases on record: 3 filed against it. 2 cases are pending and 1 is disposed.
Total cases
3
Filed against the company
3
Pending
2
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 2 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Tiruppur, Tamil Nadu | Criminal case | Filed against the company by an individual | Pending |
| District court, Tiruppur, Tamil Nadu | Criminal case | Filed against the company by an individual | Pending |
| District court, Coimbatore, Tamil Nadu | Criminal miscellaneous application | Filed against the company by State Bank of India | Disposed |
To see the full case history of Verna Paints 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 Verna Paints Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Verna Paints has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
Total GSTINs
1
Cancelled / inactive
1
To see the full GST registrations and return filing status of Verna Paints Private Limited, buy the company report.
Recent activity
Verna Paints Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Balasubramanian Anilmadhanbalan was appointed as Director on 02 May 2019.
AGM
Verna Paints Private Limited last Annual general meeting of members was held on 05 Jul 2021 as per latest MCA records.
Filing
Verna Paints Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Coimbatore.
Charges
A charge with State Bank Of India amounted to Rs. 395.00 Lakh with Charge ID 100266494 was registered on 21 May 2019.
Appointed
Balasubramanian Anilmadhanbalan was appointed as Director.
Appointed
Jayaprakash Muthusamy was appointed as Director.
Incorporation
02 May 2019
Verna Paints Private Limited was registered on 02 May 2019 with Roc Coimbatore & aged 7 years 6 months as per MCA records.
Frequently asked questions
Verna Paints is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in construction materials retail and distribution, within the metals and minerals industry. It was incorporated on 02 May 2019 (7+ years old) and is registered under CIN U36900TZ2019PTC032073.
Verna Paints has 2 current directors:
- Jayaprakash Muthusamy - Director
- Balasubramanian Anilmadhanbalan - Director
The latest financial statements of Verna Paints on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 05 July 2021. Year-wise statements from FY 2020 are in the company report.
No. Verna Paints has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Verna Paints is U36900TZ2019PTC032073. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Verna Paints has 3 court cases on record: 3 filed against it. 2 are pending.
Verna Paints was incorporated on 02 May 2019, making it 7+ years old. It is registered with the Registrar of Companies, Coimbatore.
Balasubramanian Anilmadhanbalan was appointed as Director on 02 May 2019. Jayaprakash Muthusamy was appointed as Director on 02 May 2019.
Yes, Verna Paints is registered as a small enterprise under Udyam registration (number: UDYAM-TN-03-0039079).
The registered office of Verna Paints is at No 85 Sarojini Road Siddhapudur, Coimbatore, Tamil Nadu, India – 641044.
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