About Verterra Dinnerware Private Limited
Data last updated:
Verterra Dinnerware Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Verterra Limited Usa. It operates in the wood and wood products segment of the wood and timber products sector. It was incorporated on 22 November 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U20220KA2010PTC055948. Its GSTIN is 29AADCV4549B1ZA (Karnataka).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹36.72 Lakh. It is led by directors including Michael David Dwork and Javali Virupakshappa Vivek.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at No. 81 6th Cross Victoria Layout, Bangalore, Karnataka, India – 560047.
As per the financials filed for FY 2017, the company reported a revenue of ₹4.44 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net loss of ₹19.75 Lakh (net margin -4.4%) and EBITDA of ₹16.03 Lakh (EBITDA margin 3.6%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹51.25 Lakh on record. Court records list 20 cases involving the company, including 2 filed by the company and 18 filed against it; 2 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website verterraindia.com.
Company details
Contact details
Verterra Dinnerware Private Limited's registered office is in Bangalore, Karnataka. Its website is verterraindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo. 81 6th Cross Victoria Layout, Bangalore, Karnataka, India – 560047
- IndustryWood, Wood & Wood Products, Furniture, Paper & Paper Products
To see the full contact details of Verterra Dinnerware 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 Verterra Dinnerware is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products |
To see the full business activity and turnover split of Verterra Dinnerware Private Limited, buy the company report.
Financials of Verterra Dinnerware Private Limited
FY 2017 filings availableVerterra Dinnerware Private Limited reported revenue of ₹4.44 Cr (down 13% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 13% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 11%. EBITDA rose 245% 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 2016-17 | FY 2015-16 | FY 2014-15 |
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| Total Expenses | |||
| EBITDA | ₹16.03 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹19.75 Lakh | ||
| Balance Sheet | |||
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| Reserves and Surplus | |||
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Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 3.6% | ||
| Net Profit Margin | -4.4% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
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To see the full financial statements and ratios of Verterra Dinnerware Private Limited, buy the company report.
Board of directors of Verterra Dinnerware Private Limited
Verterra Dinnerware has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Michael David Dwork | Director | 22 Nov 2010 | 15 Years 11 Months | Current |
| Javali Virupakshappa Vivek Also directs: Max Popular Flexi - Cables Private Limited | Director | 21 Feb 2012 | 14 Years 8 Months | Current |
| Syed Fathaulla Ghouse | Director | 22 Nov 2010 | 15 Years 11 Months | Current |
Auditor
Verterra Dinnerware Private Limited is audited by SURESH & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SURESH & CO | FY 2016 | 04255S |
Shareholding
The shareholding of Verterra Dinnerware Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Verterra Dinnerware Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Aug 2017 | 100164239 | Canara Bank | ₹11.25 Lakh | Open | |
| 05 Oct 2013 | 10459343 | Canara Bank | ₹40 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
Verterra Dinnerware Private Limited has 20 court cases on record: 2 filed by Verterra Dinnerware, 18 filed against it. 2 cases are pending and 18 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 18 | 18 | 1 |
| High courts | 2 | 0 | 1 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, DHARWAD, Karnataka | Court case (CRL.R.P.) | Filed against the company by Esi Corporation R/By Manjunath S/O Vithalrao Badiger | Pending |
| High Court of Karnataka | Writ petition | Filed by the company | Pending |
| District court, SHIVAMOGGA, Karnataka | Criminal complaint | Filed against the company by an individual | Disposed |
| District court, SHIVAMOGGA, Karnataka | Criminal miscellaneous application | Filed against the company by an individual | Disposed |
| District court, SHIVAMOGGA, Karnataka | Criminal complaint | Filed against the company by an individual | Disposed |
To see the full case history of Verterra Dinnerware 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 Verterra Dinnerware Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Verterra Dinnerware Private Limited has a workforce of 1 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
GST
Verterra Dinnerware has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCV4549B1ZA | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Verterra Dinnerware Private Limited, buy the company report.
Recent activity
Verterra Dinnerware Private Limited has 4 board changes on record since 2010: 3 appointments and 1 cessation. The latest: Javali Virupakshappa Vivek ceased to be Additional Director on 29 Sep 2012.
Frequently asked questions
Verterra Dinnerware is an active private limited company based in Bangalore, Karnataka, India. The company works in wood and wood products, within the wood industry. It was incorporated on 22 November 2010 (16+ years old) and is registered under CIN U20220KA2010PTC055948.
Verterra Dinnerware has 3 current directors:
- Michael David Dwork - Director
- Javali Virupakshappa Vivek - Director
- Syed Fathaulla Ghouse - Director
The latest financial statements of Verterra Dinnerware on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
The GSTIN of Verterra Dinnerware is 29AADCV4549B1ZA, registered in Karnataka.
The CIN (Corporate Identification Number) of Verterra Dinnerware is U20220KA2010PTC055948. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Verterra Dinnerware has 20 court cases on record: 2 filed by the company and 18 filed against it. 2 are pending. Most are in the district courts.
Verterra Dinnerware was incorporated on 22 November 2010, making it 16+ years old. It is registered with the Registrar of Companies, Bangalore.
Javali Virupakshappa Vivek ceased to be Additional Director on 29 Sep 2012. Javali Virupakshappa Vivek was appointed as Director on 21 Feb 2012. Michael David Dwork was appointed as Director on 22 Nov 2010. Verterra Dinnerware has 4 board changes on record in total.
Verterra Dinnerware can be reached through the website verterraindia.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Verterra Dinnerware is at No. 81 6th Cross Victoria Layout, Bangalore, Karnataka, India – 560047.
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