Verifaya Technology India Private Limited

Provides automated software testing solutions to various industries since 2005.

2005 | Bangaluru, Karnataka (India) | Active
Last Updated: November 16, 2024

Verifaya Technology India Profile

Key Indicators

  • Authorised Capital ₹ 1.29 Cr
  • Paid Up Capital ₹ 1.28 Cr
  • Company Age 19 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 2.49%
  • Profit Growth 41.16%
  • Ebitda 1.94%
  • Net Worth 5.57%
  • Total Assets 6.90%

About Verifaya Technology India

Verifaya Technology India Private Limited (VTIPL) is a Private Limited Indian Non-Government Company incorporated in India on 21 November 2005 and has a history of 19 years and three months. Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Testing Czars Software Solutions Private Limited. 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 2024. It's a company limited by shares with an authorized capital of Rs 1.29 Cr and a paid-up capital of Rs 1.28 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Verifaya Technology India Private Limited India is Muktha Basidoni as CEO. Girish Basidoni, Nuggimakki Nataraj, and Muktha Basidoni serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    verifaya.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200KA2005PTC037719

  • Company No.

    037719

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Nov 2005

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology

Who are the key members and board of directors at Verifaya Technology India?

Executive Team (1)

NameDesignationAppointment DateStatus
Muktha Basidoni CEO16-Apr-2024Current

Board Members (3)

NameDesignationAppointment DateStatus
Girish Basidoni Country flag representing In Director 21-Nov-2005Current
Nuggimakki Nataraj Country flag representing In Director 15-May-2023Current
Muktha Basidoni Country flag representing In Additional Director 10-Oct-2023Current

Financial Performance of Verifaya Technology India.

Verifaya Technology India Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 2.49% increase. The company also saw a substantial improvement in profitability, with a 41.16% increase in profit. The company's net worth moved up by a moderate rise of 5.57%.

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
2.49%
Revenue from Operations
-1.46%
Total Assets
6.90%
Profit or Loss
41.16%
Net Worth
5.57%
EBITDA
1.94%

What is the Ownership and Shareholding Structure of Verifaya Technology India?

In 2023, Verifaya Technology India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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 Verifaya Technology India?

Verifaya Technology India has a workforce of 16 employees as of Apr 07, 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 Verifaya Technology India, 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 Verifaya Technology India'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 Verifaya Technology India

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Director Appointment

    Muktha Girish Basidoni was appointed as a Ceo was appointed as a Ceo on 16 Apr 2024 & has been associated with this company since 10 months 8 days .

    16 Apr 2024

  • Balance Sheet

    Verifaya Technology India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Director Appointment

    Muktha Girish Basidoni was appointed as a Additional Director was appointed as a Additional Director on 10 Oct 2023 & has been associated with this company since 1 year 4 months .

    10 Oct 2023

  • Director Appointment

    Nuggimakki Ramachandra Rao Nataraj was appointed as a Director was appointed as a Director on 15 May 2023 & has been associated with this company since 1 year 9 months .

    15 May 2023

  • Director Appointment

    Girish Narayanarao Basidoni was appointed as a Director was appointed as a Director on 21 Nov 2005 & has been associated with this company since 19 years 3 months .

    21 Nov 2005

Frequently asked questions

  • Verifaya Technology India Private Limited was incorporated on 21 Nov 2005.

  • The authorized share capital of Verifaya Technology India Private Limited is ₹ 1.29 Cr and paid-up capital is ₹ 1.28 Cr.

  • Currently 4 directors are associated with Verifaya Technology India Private Limited.

    • Girish Narayanarao Basidoni
    • Nuggimakki Ramachandra Rao Nataraj
    • Muktha Girish Basidoni
    • Muktha Girish Basidoni
  • As per Ministry of Corporate Affairs (Mca), the registered address of Verifaya Technology India Private Limited is No.3 1St Floor Pobbathi Balakrishna Tower 100 Feet Ring Road Bsk 3Rd Stage, Ittam Adu Extn India, Bangalore, Karnataka, 560085.

  • The corporate identification number (CIN) of Verifaya Technology India Private Limited is U72200KA2005PTC037719 and the company number is 037719 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Verifaya Technology India Private Limited is https://www.verifaya.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Verifaya Technology India Private Limited has risen by 2.49%.

  • As Per 2023 financial reports, 16 employees are currently employed by Verifaya Technology India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Verifaya Technology India Private Limited has experienced an upsurge of 5.57%.

  • The most recent Balance Sheet for Verifaya Technology India Private Limited was filed with the ROC on 31 Mar 2024.

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