MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-24-0008385
Verven Coatings Private Limited
Verven Coatings Private Limited - chemicals and materials in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹9.9 Cr
▲ 10% YoY
Net profit · FY 2024
₹32.6 Lakh
Net margin 3.3%
EBITDA · FY 2024
₹1.47 Cr
EBITDA margin 14.8%
Authorised capital
₹35 Lakh
Registered with MCA
Paid-up capital
₹32 Lakh
Issued & subscribed
Open charges
₹7.26 Cr
Satisfied ₹47.28 Lakh
Company age
20 yrs
Est. 2006
Employees · EPFO
55
Provident fund records
About Verven Coatings Private Limited
Data last updated:
Verven Coatings Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 10 May 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U24222TN2006PTC059771. Its GSTIN is 33AACCV2777L1ZZ (Tamil Nadu).
The company has an authorised share capital of ₹35 Lakh and a paid-up capital of ₹32 Lakh. It is led by directors including Anuradha Ramaswamy (Managing Director) and Mahalingam Mohanraj.
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 210 & 211 SIDCO Industrial Estate Thirumazhisai, Chennai, Tamil Nadu, India – 600124.
As per the financials filed for FY 2024, the company reported a revenue of ₹9.9 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹32.6 Lakh (net margin 3.3%) and EBITDA of ₹1.47 Cr (EBITDA margin 14.8%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 4% over five years.
The company has about 55 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹7.26 Cr and satisfied charges of ₹47.28 Lakh on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
Verven Coatings Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-24-0008385). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U24222TN2006PTC059771
Registration Number 059771
Incorporation Date 10 May 2006
ROC Chennai
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 Small
Udyam Registration UDYAM-TN-24-0008385
Key People
Anuradha Ramaswamy Managing Director Mahalingam Mohanraj Director Karuppaiah Senthil Anandh Director Recognitions & Rankings of Verven Coatings
Contact details
Verven Coatings Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address210 & 211 SIDCO Industrial Estate Thirumazhisai, Chennai, Tamil Nadu, India – 600124
- IndustryChemicals and Materials, Chemical Distribution & Retail
To see the full contact details of Verven Coatings Private Limited, buy the company report.
Comprehensive company report
Verven Coatings 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 Verven Coatings is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Verven Coatings Private Limited, buy the company report.
Financials of Verven Coatings Private Limited
FY 2024 filings availableVerven Coatings Private Limited reported revenue of ₹9.9 Cr (up 10% YoY) for FY 2024.
Revenue · FY 2024
₹9.9 Cr ▲ 10%
Net profit · FY 2024
₹32.6 Lakh margin 3.3%
EBITDA · FY 2024
₹1.47 Cr margin 14.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 10%
3 years · compounded
▲ 17%
5 years · compounded
▲ 4%
EBITDA CAGR growth
1 year
▼ 23%
3 years · compounded
▲ 32%
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 10% growth in the latest year. EBITDA fell 23% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹1.47 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹32.6 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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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 | 14.8% | ||||
| Net Profit Margin | 3.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Verven Coatings Private Limited, buy the company report.
Board of directors of Verven Coatings Private Limited
Verven Coatings has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anuradha Ramaswamy | Managing Director | 21 Jun 2006 | 20 Years 4 Months | Current |
| Mahalingam Mohanraj | Director | 10 Apr 2007 | 19 Years 6 Months | Current |
| Karuppaiah Senthil Anandh | Director | 21 Jun 2006 | 20 Years 4 Months | Current |
Peer comparison
Verven Coatings Private Limited is compared with the 6 companies closest to it by revenue in the Chemicals industry (Chemical Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Prasanthi Leather Chem Private Limited | ₹9.95 Cr (FY 2025) | 14.0% | Kolkata, West Bengal, India | |||
| Verven Coatings Private Limitedthis company | ₹9.9 Cr (FY 2024) | ₹32.6 Lakh | 3.3% | 10.0% | 55 | Chennai, Tamil Nadu, India |
| N.K. Lubricants Private Limited | ₹9.89 Cr (FY 2024) | 20.0% | Ahmedabad, Gujarat, India | |||
| Agastan Bio Cheme Private Limited | ₹9.89 Cr (FY 2025) | 11.0% | Hyderabad, Telangana, India | |||
| Shree Poddar (International) Private Limited | ₹9.88 Cr (FY 2024) | 124.0% | Surat, Gujarat, India | |||
| Kubera Corporates Private Limited | ₹9.82 Cr (FY 2025) | -79.0% | Mangalore, Karnataka, India | |||
| Alpa Leather Chem Private Limited | ₹9.78 Cr (FY 2024) | 8.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Verven Coatings Private Limited, buy the company report.
Auditor
Verven Coatings Private Limited is audited by AYYAVOO & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AYYAVOO & CO | FY 2023 | 000283S |
Shareholding
The shareholding of Verven Coatings 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 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Verven Coatings Private Limited, buy the company report.
Charges & borrowings
Open charges
₹7.26 Cr
Satisfied charges
₹47.28 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Dec 2025 | 101203286 | Others | ₹2.03 Cr | Open | |
| 21 Jul 2025 | 101124244 | Others | ₹19.35 Lakh | Open | |
| 20 Jan 2024 | 100867044 | Hdfc Bank Limited | ₹1.09 Cr | Open | |
| 28 Dec 2023 | 100902206 | Hdfc Bank Limited | ₹57.25 Lakh | Open | |
| 28 Mar 2023 | 100706350 | Tata Capital Housing Finance Limited | ₹1.63 Cr | Open |
To see the full charge records of Verven Coatings Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Verven Coatings Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Total cases
1
Filed against the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Petition | Filed against the company by an individual | Pending |
To see the full case history of Verven Coatings 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 Verven Coatings Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Verven Coatings Private Limited has a workforce of 55 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
55
Active EPFO establishments
1
Employee growth
-1.79%
GST
Verven Coatings has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AACCV2777L1ZZ | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Verven Coatings Private Limited, buy the company report.
Recent activity
Verven Coatings Private Limited has 5 board changes on record since 2006: 3 appointments and 2 cessations. The latest: Sivaram Ravi Kumar ceased to be Director on 28 Mar 2014.
Charges
A charge with Others amounted to Rs. 203.00 Lakh with Charge ID 101203286 was registered on 01 Dec 2025.
Charges
A charge with Others amounted to Rs. 19.35 Lakh with Charge ID 101124244 was registered on 21 Jul 2025.
Charges
A charge with Hdfc Bank Limited of Rs. 175.00 Lakh registered on 08 Jun 2016 with Charge ID 100034950 was modified on 24 Feb 2025.
AGM
Verven Coatings Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Verven Coatings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 108.71 Lakh with Charge ID 100867044 was registered on 20 Jan 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 57.25 Lakh with Charge ID 100902206 was registered on 28 Dec 2023.
Charges
A charge with Tata Capital Housing Finance Limited amounted to Rs. 163.00 Lakh with Charge ID 100706350 was registered on 28 Mar 2023.
Charges
A charge registered on 05 Oct 2010 via Charge ID 10241385 with State Bank Of India was fully satisfied on 11 Aug 2016.
Charges
A charge registered on 23 Aug 2006 via Charge ID 10014975 with State Bank Of India was fully satisfied on 11 Aug 2016.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 175.00 Lakh with Charge ID 100034950 was registered on 08 Jun 2016.
Ceased
Sivaram Ravi Kumar ceased to be Director.
8 earlier events are in the company report.
Frequently asked questions
Verven Coatings is an active private limited company based in Chennai, Tamil Nadu, India. The company works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 10 May 2006 (20+ years old) and is registered under CIN U24222TN2006PTC059771.
Verven Coatings has 3 current directors:
- Anuradha Ramaswamy - Managing Director
- Mahalingam Mohanraj - Director
- Karuppaiah Senthil Anandh - Director
The latest financial statements of Verven Coatings 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 Verven Coatings is 33AACCV2777L1ZZ, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Verven Coatings is U24222TN2006PTC059771. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Verven Coatings has 1 court case on record: 1 filed against it. 1 is pending.
Verven Coatings was incorporated on 10 May 2006, making it 20+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Verven Coatings by revenue are Prasanthi Leather Chem Private Limited, N.K. Lubricants Private Limited, Agastan Bio Cheme Private Limited, Shree Poddar (International) Private Limited, Kubera Corporates Private Limited and 1 more, all in the Chemicals industry (Chemical Retail and Distribution), with the same principal business activity (wholesale trading).
Sivaram Ravi Kumar ceased to be Director on 28 Mar 2014. Anuradha Ramaswamy ceased to be Managing Director on 30 Sep 2007. Mahalingam Mohanraj was appointed as Director on 10 Apr 2007. Verven Coatings has 5 board changes on record in total.
Yes, Verven Coatings is registered as a small enterprise under Udyam registration (number: UDYAM-TN-24-0008385).
The registered office of Verven Coatings is at 210 & 211 SIDCO Industrial Estate Thirumazhisai, Chennai, Tamil Nadu, India – 600124.
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