Verifacts Services Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
as on 27-06-2024
- Paid Up Capital ₹ 5.00 M
as on 27-06-2024
- Company Age 19 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 4.19 Cr
as on 27-06-2024
- Satisfied Charges ₹ 7.57 Cr
as on 27-06-2024
- Revenue 41.85%
(FY 2022)
- Profit 480.64%
(FY 2022)
- Ebitda 1045.08%
(FY 2022)
- Net Worth 8.92%
(FY 2022)
- Total Assets 23.44%
(FY 2022)
About Verifacts Services
The Company is engaged in the Travel And Hospitality 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 1.00 Cr and a paid-up capital of Rs 5.00 M.
The company currently has active open charges totaling ₹4.19 Cr. The company has closed loans amounting to ₹7.57 Cr, as per Ministry of Corporate Affairs (MCA) records.
Ashokraj Birla, Kaiwan Kalyaniwalla, Vijaykumar Jatia, and Two other members serve as directors at the Company.
- CIN/LLPIN
U74140KA2005PTC035878
- Company No.
035878
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
22 Mar 2005
- Date of AGM
06 Jul 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Company Details
- Location
Bangalore, Karnataka, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at Verifacts Services?
Board Members(5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vijaykumar Jatia  | Director | 04-Feb-2014 | Current |
| Sidhant Jatia | Director | 04-Nov-2019 | Current |
| Ashokraj Birla | Director | 04-Feb-2014 | Current |
| Kaiwan Kalyaniwalla | Additional Director | Current | |
| Mudit Jatia | Director | 04-Nov-2019 | Current |
Financial Performance and Corporate Structure Insights of Verifacts Services.
Verifacts Services Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 41.85% increase. The company also saw a substantial improvement in profitability, with a 480.64% increase in profit. The company's net worth moved up by a moderate rise of 8.92%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Verifacts Services?
In 2022, Verifacts Services had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Jatia Properties Private LimitedActive 10 years 9 monthsVijaykumar Jatia, Sidhant Jatia and 1 more are mutual person
Modern India LimitedActive 91 years 1 monthKaiwan Kalyaniwalla, Vijaykumar Jatia and 2 more are mutual person
- Transindia Logistic Park Private LimitedActive 20 years 9 months
Kaiwan Kalyaniwalla is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 19 Sep 2019 | ₹4.00 Cr | Open |
Others Creation Date: 07 Sep 2019 | ₹1.85 M | Open |
Others Creation Date: 26 Jun 2017 | ₹4.00 Cr | Satisfied |
How Many Employees Work at Verifacts Services?
Verifacts Services has a workforce of 297 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Verifacts Services, 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 Verifacts Services'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.
