Verastar Solutions Private Limited

IT solutions provider for various industries, offering hardware, software, and networking services.

2021 | Sanpada, Maharashtra (India) | Active
Last Updated: November 04, 2024

Verastar Solutions Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 3 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 195.31%
  • Profit Growth 248.64%
  • Ebitda 94.10%
  • Net Worth 186.16%
  • Total Assets 49.31%

About Verastar Solutions

Verastar Solutions Private Limited (VSPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 07 July 2021 (Three years and six months 26 days old ). Its registered office is in Sanpada, Maharashtra.

The Company is engaged in the Information Technology Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. 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, as per Ministry of Corporate Affairs (MCA) records.

Reshma Patel and Shama Patel serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U72900MH2021PTC363414

  • Company No.

    363414

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Jul 2021

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Information Technology

Who are the key members and board of directors at Verastar Solutions?

Board Members (2)

Name Designation Appointment Date Status
Reshma Patel Country flag representing In Director 07-Jul-2021 Current
Shama Patel Country flag representing In Director 07-Jul-2021 Current

Financial Performance of Verastar Solutions.

Verastar Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 195.31% increase. The company also saw a substantial improvement in profitability, with a 248.64% increase in profit. The company's net worth Soared by an impressive increase of 186.16%.

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
195.31%
Revenue from Operations
187.61%
Total Assets
49.31%
Profit or Loss
248.64%
Net Worth
186.16%
EBITDA
94.10%

What is the Ownership and Shareholding Structure of Verastar Solutions?

Unlock access to Verastar Solutions's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Verastar Solutions?

Verastar Solutions has a workforce of 0 employees as of Apr 05, 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 Verastar Solutions, 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 Verastar Solutions'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 Verastar Solutions

Recent activity within the organization

  • Annual General Meeting

    Verastar Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Verastar Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Reshma Ismail Patel was appointed as a Director was appointed as a Director on 07 Jul 2021 & has been associated with this company since 3 years 6 months .

    07 Jul 2021

  • Director Appointment

    Shama Ilyas Patel was appointed as a Director was appointed as a Director on 07 Jul 2021 & has been associated with this company since 3 years 6 months .

    07 Jul 2021

  • Company Incorporation

    Verastar Solutions Private Limited was registered on 07 Jul 2021 with Roc Mumbai & aged 3 years 6 months as per MCA records.

    07 Jul 2021

Frequently asked questions

  • Verastar Solutions Private Limited was incorporated on 07 Jul 2021.

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

  • Currently 2 directors are associated with Verastar Solutions Private Limited.

    • Reshma Ismail Patel
    • Shama Ilyas Patel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Verastar Solutions Private Limited is Flat-502 Sai Ansh Chs Plot No. 7 Sector 11, India, Sanpada, Maharashtra, 400705.

  • The corporate identification number (CIN) of Verastar Solutions Private Limited is U72900MH2021PTC363414 and the company number is 363414 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Verastar Solutions Private Limited is https://www.verastarsolutions.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Verastar Solutions Private Limited has risen by 195.31%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Verastar Solutions Private Limited has experienced an upsurge of 186.16%.

  • The most recent Balance Sheet for Verastar Solutions Private Limited was filed with the ROC on 31 Mar 2023.