Verve Brands Private Limited
About Verve Brands Private Limited
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Verve Brands Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the general e-commerce platforms segment of the e-commerce sector. It was incorporated on 07 October 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U52100KA2021PTC152815. Its GSTIN is 29AAICV3229P1ZL (Karnataka).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Neha Prakash Rajani and Jharna Chakraborty.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at #30 (579) 10th Main 32 'D' Cross 4th Block Jayanagar, Bangalore, Karnataka, India – 560011.
As per the financials filed for FY 2024, the company reported a revenue of ₹9.24 Lakh, a decline of 74% compared to the previous year. For the same year it recorded a net loss of ₹4.19 Lakh (net margin -45.4%) and EBITDA of -₹3.99 Lakh (EBITDA margin -43.2%).
Company details
Contact details
Verve Brands Private Limited's registered office is in Bangalore, Karnataka.
- Registered Address#30 (579) 10th Main 32 'D' Cross 4th Block Jayanagar, Bangalore, Karnataka, India – 560011
- IndustryE-Commerce, General E-Commerce Platforms
- 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 Verve Brands is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Verve Brands Private Limited, buy the company report.
Financials of Verve Brands Private Limited
FY 2024 filings availableVerve Brands Private Limited reported revenue of ₹9.24 Lakh (down 74% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 74% in the latest year. EBITDA rose 32% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| EBITDA | -₹3.99 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹4.19 Lakh | ||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -43.2% | ||
| Net Profit Margin | -45.4% | ||
| Return on Equity (ROE) | |||
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To see the full financial statements and ratios of Verve Brands Private Limited, buy the company report.
Board of directors of Verve Brands Private Limited
Verve Brands has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neha Prakash Rajani | Director | 07 Oct 2021 | 5 Years 1 Months | Current |
| Jharna Chakraborty Also directs: Hatke Retail Private Limited | Director | 07 Oct 2021 | 5 Years 1 Months | Current |
| Sumita Umananda Roychoudhury | Director | 24 Sep 2022 | 4 Years 1 Months | Current |
Peer comparison
Verve Brands Private Limited is compared with the 3 companies closest to it by revenue in the Ecommerce and Internet industry (Broad Based Ecommerce), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aravalii Ecommerce India Private Limited | ₹9.36 Lakh (FY 2023) | Gurugram, Haryana, India | ||||
| Verve Brands Private Limitedthis company | ₹9.24 Lakh (FY 2024) | -₹4.19 Lakh | -45.4% | -74.0% | Bangalore, Karnataka, India | |
| North Avenue Retail Ventures Private Limited | ₹9.22 Lakh (FY 2025) | 15.0% | Gurgaon, Haryana, India | |||
| Aerotoy Industries Private Limited | ₹9.09 Lakh (FY 2024) | 318.0% | Kodungallur, Kerala, India |
To see the full peer comparison of Verve Brands Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Verve Brands 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 Verve Brands Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Verve Brands has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICV3229P1ZL | Karnataka | Active | 02 Dec 2021 |
To see the full GST registrations and return filing status of Verve Brands Private Limited, buy the company report.
Recent activity
Verve Brands Private Limited has 3 board changes on record since 2021: 3 appointments. The latest: Sumita Umananda Roychoudhury was appointed as Director on 24 Sep 2022.
Frequently asked questions
Verve Brands is an active private limited company based in Bangalore, Karnataka, India. The company works in general e-commerce platforms, within the e-commerce industry. It was incorporated on 07 October 2021 (5+ years old) and is registered under CIN U52100KA2021PTC152815.
Verve Brands has 3 current directors:
- Neha Prakash Rajani - Director
- Jharna Chakraborty - Director
- Sumita Umananda Roychoudhury - Director
The latest financial statements of Verve Brands on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Verve Brands is 29AAICV3229P1ZL, registered in Karnataka.
The CIN (Corporate Identification Number) of Verve Brands is U52100KA2021PTC152815. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Verve Brands was incorporated on 07 October 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Verve Brands by revenue are Aravalii Ecommerce India Private Limited, North Avenue Retail Ventures Private Limited, Aerotoy Industries Private Limited, all in the Ecommerce and Internet industry (Broad Based Ecommerce), with the same principal business activity (retail trading).
Sumita Umananda Roychoudhury was appointed as Director on 24 Sep 2022. Jharna Chakraborty was appointed as Director on 07 Oct 2021. Neha Prakash Rajani was appointed as Director on 07 Oct 2021.
The registered office of Verve Brands is at #30 579 10th Main 32 D Cross 4th Block Jayanagar, Bangalore, Karnataka, India – 560011.
Verve Brands operates in the e-commerce industry, in the general e-commerce platforms segment.
Verve Brands can be reached at its registered office: #30 579 10th Main 32 D Cross 4th Block Jayanagar, Bangalore, Karnataka, India – 560011.
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