Eql Financial Technologies Private Limited - Company overview

Verve India is an active private limited company registered with ROC Chennai on 19 June 2007, about 19 years ago.

2007-06-19 Egmore Nungambakkam, Tamil Nadu Active Unlisted Active Compliant
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Key Metrics Public MCA facts are exact. Revenue, profit, assets, and employee figures may show as ranges until unlocked.

REVENUE
₹10–25 Cr
▼ -56.6%
FY 2023
PROFIT / LOSS
₹10–50 Lakh
▼ -81.8%
FY 2023
EBITDA
Loss · ₹50 Lakh–1 Cr
▼ -115.8%
FY 2023
NET WORTH
₹25–50 Cr
▼ -10.2%
FY 2023
TOTAL ASSETS
₹25–50 Cr
▲ 7.6%
FY 2023
EMPLOYEE COUNT
141–150
OPEN CHARGES
1
4.30 cr
PAID-UP CAPITAL
2.32 cr
AUTHORISED CAPITAL
2.80 cr
COMPANY AGE
19 Years 4 Months
since 2007-06-19
LAST FILING WITH ROC
2025-03-31
Last AGM: 2025-09-30
ACTIVE GST
2
Updated: 2024-05-27 15:39:48
TOTAL MONEY RAISED
₹10–25 Cr
SATISFIED CHARGES
10
3.70 cr

Company Health Scores Scores from 0–100 based on filings, compliance signals, financials, and board history on this profile.

Health scores for Verve India covering vendor trust, statutory compliance, financial health and director risk - derived from MCA filings, GST and EPFO records, financial statements and the company's board history.

Vendor Trust Score Low risk
75/100
Overall counterparty comfort for vendors and customers.
  • Blend of compliance (51), financial health (80), director (95) and company-foundation signals.
  • Operating for 19+ years.
Compliance Score Moderate
51/100
Statutory filings, status and regulatory flags.
  • Company status is Active as per MCA.
  • Last balance sheet filed for Mar 2025 - slightly behind.
Financial Health Score Low risk
80/100
Profitability, leverage and liquidity from filed statements.
  • Profitable in FY 2023.
  • Positive net worth.
Director Risk Score Low risk
95/100
Board strength, DIN status and churn.
  • 2 directors on the board.
  • No disqualified or deactivated DINs on the current board.
Scores are derived from MCA filings, financial statements and public records on this page. Higher is safer. They are indicative, not a credit rating.
360° Intelligence Report: trust score, financial health, credit risk, growth & distress signals - auto-generated from filings. View report →

About Verve India Company identity, industry, contact, and registration details from MCA and company records.

Verve India is an active private limited company registered with ROC Chennai on 19 June 2007, about 19 years ago. The registered office is at Senar Riviera, No.408/7, Door No.70, Egmore Nungambakkam, Tamil Nadu. Earlier names on record include Verve Financial Services Private Limited and Lionel Consultancy Private Limited.

In its MCA filings the main business is listed as financial Advisory, brokerage and Consultancy Services, which made up 100% of turnover.

It has two directors: Lionel Jeshuran Charles and Ramasamy Sangilirajan. The longest-serving is Lionel Jeshuran Charles, on the board since 2010; the most recent to join is Ramasamy Sangilirajan, appointed in July 2025. Lionel Jeshuran Charles is the managing director. Two former directors are on record; the most recent to leave was Charles Shilpa Carol in December 2012. Between them, the directors also sit on the boards of 25 other companies, including Indiafilings Private Limited and Abei Energy Private Limited.

₹2.32 crore of its ₹2.8 crore authorised capital is paid up (about 83%). Its latest balance sheet on MCA is for the year ending 31 March 2025, and the last AGM was on 30 September 2025. One charge (secured loan) is still open, with Indian Overseas Bank among the lenders, and ten more have been paid off.

Internet ••••••••
  • Location Senar Riviera, No.408/7, Door No.70,, Egmore Nungambakkam, Tamil Nadu - 600031
  • Website verveindia.com
LinkedIn Instagram
Name History
Legal NameEql Financial Technologies Private Limited
CIN / LLPINU65191TN2007PTC064017
Company No.064017
ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date2007-06-19
Date of AGM2025-09-30
Date of Balance Sheet2025-03-31
Listing StatusUnlisted
ROC CodeRoc Chennai
PAN
LEI Number
Active ComplianceActive Compliant

Current Directors of Verve India (2) Current board members from MCA filings, including designation and appointment details.

L
Lionel Jeshuran Charles
Managing Director | Since 2010-10-15 | DIN: 03268546
R
Ramasamy Sangilirajan
Director | Since 2025-07-08 | DIN: 06509338

Financial Performance of Verve India Bands and Low / Medium / High trend shape. Exact figures unlock with your report.

Estimated bands · FY 2023
Revenue ₹10–25 Cr ▼ -56.6%
P&L ₹10–50 Lakh ▼ -81.8%
EBITDA Loss · ₹50 Lakh–1 Cr ▼ -115.8%
Net worth ₹25–50 Cr ▼ -10.2%

Exact figures and labelled charts require an active report plan.

Verified entity values are shown only after access is granted.

Charges of Verve India Open and satisfied charges registered against the company with MCA.

Others : 5.69 cr
Indian Overseas Bank : 5.00 cr
Open Charges: 1 Satisfied Charges: 10
Open 4.30 cr
Satisfied 3.70 cr
LenderAmountStatus
Indian Overseas Bank
Creation Date: 23 Jul 2025
 5.00 cr Open
Others
Creation Date: 29 Oct 2022
 5.00 cr Closed
Others
Creation Date: 20 Jan 2020
 13.33 Lakh Closed

Business Activity Principal business activity and turnover mix from MCA filings.

Activity GroupDescriptionTurnover %
Financial and insurance ServiceFinancial Advisory, brokerage and Consultancy Services100

Companies With Common Directors Of Verve India Other companies that share directors with this entity, based on MCA and compliance network data.

Board Overlap From MCA / Compliance Filings

Indiafilings Private Limited 2 Shared Directors
Abei Energy Private Limited 1 Shared Director
Accamarra Machli Agro Private Limited 1 Shared Director
Adzarget Technologies Private Limited 1 Shared Director
Alectis Publishers Private Limited 1 Shared Director
Cksp Trading Private Limited 1 Shared Director
Doer International Trading & Manufacturing Private Limited 1 Shared Director
Eql Fintech Private Limited 1 Shared Director
Eql Foundation 1 Shared Director
Felcor Trading Private Limited 1 Shared Director
Grafenberg Labs Private Limited 1 Shared Director
Hard Headd India Private Limited 1 Shared Director
Jcpremiere Business International Private Limited 1 Shared Director
Lam Ta Trading Private Limited 1 Shared Director
Legaltech Enablement And Governance Association Of India 1 Shared Director
Machupicchu System Technologies Private Limited 1 Shared Director
Madlyrad Labs Tech Private Limited 1 Shared Director
Mch Realty Private Limited 1 Shared Director
Metacom Business Process Outsourcing Solutions Private Limited 1 Shared Director
Nextcraft Trading Private Limited 1 Shared Director
Sannin Piece Private Limited 1 Shared Director
Temisin Private Limited 1 Shared Director
Trglp Technology Private Limited 1 Shared Director
Youssoupha Engineering And Trading India Private Limited 1 Shared Director
Zumba Sellers Private Limited 1 Shared Director

Financial Ratios of Verve India Profitability, leverage, and liquidity ratios from filed statements. Exact values unlock with your report.

10 years of ratios on record

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Net profit margin Debt / Equity Current ratio ROE

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Shareholding Pattern of Verve India Ownership and contribution detail from filings. Full breakdown unlocks with your report.

7 shareholder categories on record

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Ownership mix Category breakdown Year-wise pattern Promoter holding

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Employees and EPFO Compliance at Verve India EPFO establishments, contributions, and headcount history. Full records unlock with your report.

1 establishment linked

Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.

Monthly headcount PF contributions ECR filing status Establishment history

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GST Compliance of Verve India GST registrations and filing status by state. Full compliance detail unlocks with your report.

State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.

GSTIN registrations State-wise filing status HSN and SAC details Tax jurisdiction records

GST registrations and filing compliance require an active report plan.

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Credit Ratings, Litigation & Regulatory Alerts for Verve India Ratings, court records, and regulatory alerts. Full risk detail unlocks with your report.

1 regulatory flag on record

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Rating history Court and tribunal cases Regulatory alerts Director-linked violations

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MSME Payment Delays by Verve India MSME supplier payment delays and filing history. Full amounts unlock with your report.

Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.

Outstanding amounts Delay periods and reasons MSME-1 filing history Vendor payment signals

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Subsidiaries & Group Companies of Verve India Parent, subsidiary, and related group entities. Full ownership map unlocks with your report.

3 subsidiaries on record

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Parent company Subsidiaries and ownership Associates and joint ventures Entity investments

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MCA Filings & Documents of Verve India Official MCA forms, returns, and filing index. Document access unlocks with your report.

Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.

Incorporation documents Annual returns and statements Charge filings Complete filing index

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Frequently Asked Questions about Verve India Common questions about this company from MCA and profile data. Some answers are limited until unlocked.
Who is the owner of Verve India?
MCA does not publish an "owner" field. Verve India is run by its directors, Lionel Jeshuran Charles and Ramasamy Sangilirajan, with Lionel Jeshuran Charles as managing director. The people who own the shares are listed in its annual return (form MGT-7), which can differ from the directors.
Who are the current board members and directors of Verve India?
Verve India has two current directors: Lionel Jeshuran Charles (since October 2010) and Ramasamy Sangilirajan (since July 2025). Lionel Jeshuran Charles is the managing director.
What is CIN of Verve India?
The CIN of Verve India is U65191TN2007PTC064017. Reading it left to right: U means it is not listed, 65191 is the industry code it registered under, TN is Tamil Nadu, 2007 is the year it was registered, PTC is the company type and 064017 is its registration number.
When was Verve India incorporated?
Verve India was incorporated on 19 June 2007 with ROC Chennai. That makes it about 19 years old.
What is the registered address of Verve India?
The registered office on MCA records is Senar Riviera, No.408/7, Door No.70, Egmore Nungambakkam, Tamil Nadu - 600031.
What is the current status of Verve India?
MCA shows Verve India as Active, and its last AGM on record was in September 2025.
What is the contact number or email for Verve India?
You can post to its registered office at Senar Riviera, No.408/7, Door No.70, Egmore Nungambakkam, Tamil Nadu - 600031 and use its website, https://verveindia.com.
What industry or business activity is Verve India associated with?
Its MCA filings list the main business as financial Advisory, brokerage and Consultancy Services (100% of turnover).
What is paid-up capital and authorised share capital of Verve India?
Paid-up capital is ₹2.32 crore and authorised capital is ₹2.8 crore, so about 83% of the authorised amount has been issued.
When did Verve India last file accounts and hold an AGM?
The last AGM on record was on 30 September 2025, and the latest balance sheet is for the year ending 31 March 2025.
Where can I see charges and lenders for Verve India?
One charge against Verve India is still open and ten have been satisfied. Lenders named in the filings include Indian Overseas Bank.
Have any directors left Verve India?
Yes, two former directors are on record. The most recent to leave were Charles Shilpa Carol (December 2012) and Shuba Charles (April 2012).
Which companies share directors with Verve India?
25 companies share directors with Verve India. Among them are Indiafilings Private Limited, Abei Energy Private Limited, Accamarra Machli Agro Private Limited and 22 more.
What is the turnover or revenue of Verve India?
Based on filed financial statements, the revenue of Verve India for FY 2023 was in the ₹10–25 Cr range. That is down 56.6% on the previous year. Exact year-wise revenue, profit and balance sheet figures are on the Financial tab.
What is the net worth of Verve India?
For FY 2023, the net worth of Verve India was in the ₹25–50 Cr range.
How can I get the financial details of Verve India?
The latest accounts on record are for FY 2023. The Financial tab has year-wise profit and loss, balance sheet and ratios, with exact figures after you sign in.
What is the official website of Verve India?
The website on record for Verve India is https://verveindia.com.
Which company owns verveindia.com?
verveindia.com is the website listed for Eql Financial Technologies Private Limited in its company records.
Verve India - is it listed or unlisted?
Verve India is unlisted, so its shares are not traded on a stock exchange. Its CIN starts with U for the same reason.
What is the ROC code of Verve India?
Verve India is registered with ROC Chennai.
What is the company classification of Verve India?
MCA classifies Verve India as: Private Limited Indian Non-Government Company.
Does Verve India have subsidiaries?
Yes, 3 subsidiaries are on record for Verve India.
Does Verve India have GST registrations on file?
Yes, 2 active GST registrations are linked to Verve India, usually one per state it operates in.

Disclaimer: Data on this page is compiled from public sources as available in our system at the time of the last update and is for general information only. Scores are derived indicators, not credit ratings or advice - please verify from official sources and consult a professional before making any business or financial decision.