MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-OD-19-0015526
Verve Consulting Private Limited - business outsourcing in Bhubaneswar, Odisha, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹5.04 Cr
▲ 106% YoY
Net profit · FY 2024
₹11.95 Lakh
Net margin 2.4%
EBITDA · FY 2024
₹34.81 Lakh
EBITDA margin 6.9%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹2.43 Cr
Issued & subscribed
Company age
27 yrs
Est. 1999
Directors on board
3
As per MCA filings
Active GSTINs
2
GST registered
About Verve Consulting Private Limited
Data last updated:
Verve Consulting Private Limited is a private limited company based in Bhubaneswar, Odisha, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 03 June 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U74210OR1999PTC005791. Its GSTIN is 21AABCV2742C1ZZ (Odisha). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.43 Cr. It is led by directors including Debasish Mahapatro and Makrand Dekhane.
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 Bhubaneswar, Odisha.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.04 Cr, a growth of 106% compared to the previous year. For the same year it recorded a net profit of ₹11.95 Lakh (net margin 2.4%) and EBITDA of ₹34.81 Lakh (EBITDA margin 6.9%). Revenue has grown at a compounded annual rate (CAGR) of 102% over three years and 72% over five years.
The company is associated with 1 brand: Verve Consulting. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
Verve Consulting Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-OD-19-0015526). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website verveconsult.com.
Company details
CIN U74210OR1999PTC005791
Registration Number 005791
Incorporation Date 03 June 1999
ROC Cuttack
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-OD-19-0015526
Key People
Makrand Dekhane Additional Director Allan Edmondo Dias Additional Director Debasish Mahapatro Director Recognitions & Rankings of Verve Consulting
Contact details
Verve Consulting Private Limited's registered office is in Bhubaneswar, Odisha. Its website is verveconsult.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot – N6/454 2nd Floor Saffire, Opposite – Crown Hotel Irc Village, Bhubaneswar, Odisha, India – 751015
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Verve Consulting Private Limited, buy the company report.
Comprehensive company report
Verve Consulting 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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Brands
Verve Consulting operates one associated brand: Verve Consulting. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Advisory firm specializing in climate change, infrastructure, and startup incubation. | verveconsult.com |
Business activity
The main business activity of Verve Consulting is professional, scientific and technical. In detail, this covers management consultancy activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities |
To see the full business activity and turnover split of Verve Consulting Private Limited, buy the company report.
Financials of Verve Consulting Private Limited
FY 2024 filings availableVerve Consulting Private Limited reported revenue of ₹5.04 Cr (up 106% YoY) for FY 2024.
Revenue · FY 2024
₹5.04 Cr ▲ 106%
Net profit · FY 2024
₹11.95 Lakh margin 2.4%
EBITDA · FY 2024
₹34.81 Lakh margin 6.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 106%
3 years · compounded
▲ 102%
5 years · compounded
▲ 72%
EBITDA CAGR growth
1 year
▲ 404%
3 years · compounded
▲ 119%
5 years · compounded
▲ 42%
Revenue has grown at a compounded annual rate (CAGR) of 72% over five years, including 106% growth in the latest year. EBITDA rose 404% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹34.81 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹11.95 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.9% | ||||
| Net Profit Margin | 2.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Verve Consulting Private Limited, buy the company report.
Board of directors of Verve Consulting Private Limited
Verve Consulting has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Makrand Dekhane | Additional Director | 25 Feb 2020 | 6 Years 8 Months | Current |
| Allan Edmondo Dias | Additional Director | 15 Nov 2009 | 16 Years 11 Months | Current |
| Debasish Mahapatro Also directs: Eastbrook Landholdings Private Limited, Dwija Seedlings LLP, Wovinova Private Limited and 5 more | Director | 03 Jun 1999 | 27 Years 5 Months | Current |
Peer comparison
Verve Consulting Private Limited is compared with the 3 companies closest to it by revenue in the Outsourcing industry (Consulting Services), with the same principal business activity (management consultancy activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mestric Consultantss Private Limited | ₹5.05 Cr (FY 2025) | -33.0% | Gurgaon, Haryana, India | |||
| Novac Advisors Private Limited | ₹5.04 Cr (FY 2025) | 10.0% | New Delhi, Delhi, India | |||
| Verve Consulting Private Limitedthis company | ₹5.04 Cr (FY 2024) | ₹11.95 Lakh | 2.4% | 106.0% | Bhubaneswar, Odisha, India | |
| Ca On Web Private Limited | ₹5.04 Cr (FY 2024) | 32.0% | New Delhi, Delhi, India |
To see the full peer comparison of Verve Consulting Private Limited, buy the company report.
Auditor
Verve Consulting Private Limited is audited by MANOJ CHOUDHURY & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MANOJ CHOUDHURY & ASSOCIATES | FY 2023 | 327294E |
Shareholding
The shareholding of Verve Consulting Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Verve Consulting Private Limited, buy the company report.
Legal cases
Verve Consulting Private Limited has 1 court case on record: 1 filed by Verve Consulting. All case is pending.
Total cases
1
Filed by the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Khurda, Odisha | Court case (I . c. c) | Filed by the company against Dasd Engineering Pvt Ltd and Others | Pending |
To see the full case history of Verve Consulting 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 Verve Consulting Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Verve Consulting has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AABCV2742C1ZZ | Odisha | Active | 01 Jul 2017 |
| 29AABCV2742C1ZJ | Karnataka | Active | 03 May 2024 |
To see the full GST registrations and return filing status of Verve Consulting Private Limited, buy the company report.
Recent activity
Verve Consulting Private Limited has 7 board changes on record since 1999: 3 appointments and 4 cessations. The latest: Makrand Dekhane was appointed as Additional Director on 25 Feb 2020.
AGM
Verve Consulting Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Verve Consulting Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Cuttack.
Appointed
Makrand Dekhane was appointed as Additional Director.
Ceased
Sudhananda Rath ceased to be Additional Director.
Ceased
Sanjaya Gupta ceased to be Additional Director.
Ceased
Braja Kishore Mishra ceased to be Director.
Appointed
Allan Edmondo Dias was appointed as Additional Director.
Ceased
Ashok Kumar Singha ceased to be Director.
Appointed
Debasish Mahapatro was appointed as Director.
Incorporation
03 Jun 1999
Verve Consulting Private Limited was registered on 03 Jun 1999 with Roc Cuttack & aged 27 years 5 months as per MCA records.
Frequently asked questions
Verve Consulting is an active private limited company based in Bhubaneswar, Odisha, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 03 June 1999 (27+ years old) and is registered under CIN U74210OR1999PTC005791.
Verve Consulting has 3 current directors:
- Makrand Dekhane - Additional Director
- Allan Edmondo Dias - Additional Director
- Debasish Mahapatro - Director
The latest financial statements of Verve Consulting 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 2015 are in the company report.
The GSTIN of Verve Consulting is 21AABCV2742C1ZZ, registered in Odisha. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AABCV2742C1ZJ (Karnataka).
The CIN (Corporate Identification Number) of Verve Consulting is U74210OR1999PTC005791. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Verve Consulting has 1 court case on record: 1 filed by the company. 1 is pending.
Verve Consulting was incorporated on 03 June 1999, making it 27+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Verve Consulting by revenue are Mestric Consultantss Private Limited, Novac Advisors Private Limited, Ca On Web Private Limited, all in the Outsourcing industry (Consulting Services), with the same principal business activity (management consultancy activities).
Makrand Dekhane was appointed as Additional Director on 25 Feb 2020. Sudhananda Rath ceased to be Additional Director on 25 Feb 2020. Sanjaya Gupta ceased to be Additional Director on 25 Jan 2016. Verve Consulting has 7 board changes on record in total.
Yes, Verve Consulting is registered as a micro enterprise under Udyam registration (number: UDYAM-OD-19-0015526).
Verve Consulting can be reached through the website verveconsult.com. Its registered office is in Bhubaneswar, Odisha, India.
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