Veracity Automotives Profile
Key Indicators
- Authorised Capital ₹ 0.40 M
as on 13-12-2024
- Paid Up Capital ₹ 0.25 M
as on 13-12-2024
- Company Age 5 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Revenue 53.10%
(FY 2021)
- Profit -1292.54%
(FY 2021)
- Ebitda -1551.45%
(FY 2021)
- Net Worth -282.92%
(FY 2021)
- Total Assets -34.29%
(FY 2021)
About Veracity Automotives
The Company is engaged in the Automotive Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 0.40 M and a paid-up capital of Rs 0.25 M, as per Ministry of Corporate Affairs (MCA) records.
Baljinder Sekhon, Nreen Tuli, and Neeraj Tuli serve as directors at the Company.
- CIN/LLPIN
U35999PB2019PTC049523
- Company No.
049523
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
27 May 2019
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Company Details
- Location
Ludhiana, Punjab, India
- Telephone
- Email Address
- Website
-
- Social Media-
Who are the key members and board of directors at Veracity Automotives?
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Baljinder Sekhon  | Director | 27-May-2019 | Current |
| Nreen Tuli | Director | 22-Jun-2021 | Current |
| Neeraj Tuli | Director | 22-Jun-2021 | Current |
Financial Performance of Veracity Automotives.
Veracity Automotives Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 53.1% increase. The company also saw a substantial fall in profitability, with a 1292.54% decrease in profit. The company's net worth observed a substantial decline by a decrease of 282.92%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Veracity Automotives?
In 2021, Veracity Automotives had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Veracity Automotives?
Unlock and access historical data on people associated with Veracity Automotives, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Veracity Automotives, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Veracity Automotives's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
