Veracity Powertronics Private Limited

IT company providing audio-video integration, CCTV surveillance, facility management, IT consulting, and more.

2013 | Ahmedabad, Gujarat (India) | Active
Last Updated: February 12, 2025

Veracity Powertronics Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 12 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.50 Cr
  • Revenue Growth 1088.69%
  • Profit Growth 568.23%
  • Ebitda 588.84%
  • Net Worth 48.84%
  • Total Assets -76.98%

About Veracity Powertronics

Veracity Powertronics Private Limited (VPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 01 January 2013 and has a history of 12 years and one month. Its registered office is in Ahmedabad, Gujarat, India.

The Corporate was formerly known as Veracity Tech And Advisory Services Private Limited. The Company is engaged in the Business Outsourcing 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 0.10 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹2.50 Cr.

Manan Brahmbhatt and Pramit Brahmbhatt serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U74140GJ2013PTC073203

  • Company No.

    073203

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Jan 2013

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Business Outsourcing

Who are the key members and board of directors at Veracity Powertronics?

Board Members (2)

NameDesignationAppointment DateStatus
Manan Brahmbhatt Country flag representing In Director 01-Jan-2013Current
Pramit Brahmbhatt Country flag representing In Director 01-Jan-2013Current

Financial Performance of Veracity Powertronics.

Veracity Powertronics Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 1088.69% increase. The company also saw a substantial improvement in profitability, with a 568.23% increase in profit. The company's net worth Soared by an impressive increase of 48.84%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
1088.69%
Revenue from Operations
1125.33%
Total Assets
-76.98%
Profit or Loss
568.23%
Net Worth
48.84%
EBITDA
588.84%

What is the Ownership and Shareholding Structure of Veracity Powertronics?

In 2023, Veracity Powertronics had a promoter holding of 20.00% and a public holding of 80.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹25.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 2.50 Cr

Latest Charge Details

DateLenderAmountStatus
06 Jun 2023Hdfc Bank Limited₹2.50 CrOpen

How Many Employees Work at Veracity Powertronics?

Veracity Powertronics has a workforce of 1 employees as of Apr 01, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Veracity Powertronics, 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 Powertronics's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on Veracity Powertronics

Recent activity within the organization

  • Annual General Meeting

    Veracity Powertronics Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Veracity Powertronics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 25.00 M with Charge ID 100733230 was registered on 06 Jun 2023.

    06 Jun 2023

  • Director Appointment

    Manan Bharatkumar Brahmbhatt was appointed as a Director was appointed as a Director on 01 Jan 2013 & has been associated with this company since 12 years 1 month .

    01 Jan 2013

  • Director Appointment

    Pramit Bharatkumar Brahmbhatt was appointed as a Director was appointed as a Director on 01 Jan 2013 & has been associated with this company since 12 years 1 month .

    01 Jan 2013

  • Company Incorporation

    Veracity Powertronics Private Limited was registered on 01 Jan 2013 with Roc Ahmedabad & aged 12 years 1 month as per MCA records.

    01 Jan 2013

Frequently asked questions

  • Veracity Powertronics Private Limited was incorporated on 01 Jan 2013.

  • The authorized share capital of Veracity Powertronics Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Veracity Powertronics Private Limited.

    • Manan Bharatkumar Brahmbhatt
    • Pramit Bharatkumar Brahmbhatt
  • As per Ministry of Corporate Affairs (Mca), the registered address of Veracity Powertronics Private Limited is Office No. 301 Ashirvad Paras Opp Prahladnagar Garden, Satellite India, Ahmedabad, Gujarat, 380051.

  • The corporate identification number (CIN) of Veracity Powertronics Private Limited is U74140GJ2013PTC073203 and the company number is 073203 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Veracity Powertronics Private Limited is https://www.veracityadvisory.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Veracity Powertronics Private Limited has risen by 1088.69%.

  • As Per 2023 financial reports, 1 employees are currently employed by Veracity Powertronics Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Veracity Powertronics Private Limited has experienced an upsurge of 48.84%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Veracity Powertronics Private Limited amount to ₹ 2.50 Cr.

  • The most recent Balance Sheet for Veracity Powertronics Private Limited was filed with the ROC on 31 Mar 2024.

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