Veritas Industries Private Limited

Manufactures and sells various types of steel wires and related products.

2006 | Mumbai, Maharashtra (India) | Active
Last Updated:

Veritas Industries Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 19 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 59.55 Cr
  • Satisfied Charges ₹ 7.00 Cr
  • Revenue Growth 35.76%
  • Profit Growth 29.27%
  • Ebitda 54.83%
  • Net Worth 20.65%
  • Total Assets 21.49%

About Veritas Industries

Veritas Industries Private Limited (VIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 13 March 2006 and has a history of 19 years and two months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Siddhant Infrastructure Private Limited. The Company is engaged in the Manufacturing 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 1.00 Cr and a paid-up capital of Rs 1.00 Cr.

The company currently has active open charges totaling ₹59.55 Cr. The company has closed loans amounting to ₹7.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Siddharth Agarwal and Satya Agrawal serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U45200MH2006PTC160455

  • Company No.

    160455

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Mar 2006

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing
Company report

Veritas Industries Private Limited

Explore comprehensive data for Veritas Industries Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Veritas Industries?

Board Members (2)

NameDesignationAppointment DateStatus
Siddharth Agarwal Country flag representing In Director 13-Mar-2006Current
Satya Agrawal Country flag representing In Director 06-Dec-2007Current

Financial Performance of Veritas Industries.

Veritas Industries Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 35.76% increase. The company also saw a substantial improvement in profitability, with a 29.27% increase in profit. The company's net worth Soared by an impressive increase of 20.65%.

Veritas Industries revenue growth over time
Veritas Industries 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
35.76%
Revenue from Operations
37.80%
Total Assets
21.49%
Profit or Loss
29.27%
Net Worth
20.65%
EBITDA
54.83%

What is the Ownership and Shareholding Structure of Veritas Industries?

In 2023, Veritas Industries had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹59.55 Cr

Satisfied Charges

₹7.00 Cr

Charges Breakdown by Lending Institutions

  • Yes Bank Limited : 59.55 Cr

Latest Charge Details

DateLenderAmountStatus
20 Jun 2017Yes Bank Limited₹26.77 CrOpen
27 Feb 2017Yes Bank Limited₹32.77 CrOpen
26 Jul 2012Idbi Bank Limited₹5.00 CrSatisfied
28 Oct 2009Idbi Bank Limited₹2.00 CrSatisfied

How Many Employees Work at Veritas Industries?

Veritas Industries has a workforce of 51 employees as of Apr 09, 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.

Employee growth trends for Veritas Industries Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Veritas Industries, 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 Veritas Industries'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 Veritas Industries

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Veritas Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge with Yes Bank Limited of Rs. 32.77 Cr registered on 27 Feb 2017 with Charge ID 100107548 was modified on 17 Jan 2022.

  • Charges

    A charge with Yes Bank Limited of Rs. 26.77 Cr registered on 20 Jun 2017 with Charge ID 100108073 was modified on 13 Dec 2021.

  • Charges

    A charge registered on 28 Oct 2009 via Charge ID 10256466 with Idbi Bank Limited was fully satisfied on 03 Nov 2017.

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 26.77 Cr with Charge ID 100108073 was registered on 20 Jun 2017.

Frequently asked questions

  • What is the Incorporation or founding date of Veritas Industries Private Limited?

    Veritas Industries Private Limited was incorporated on 13 Mar 2006.

  • What is authorized share capital and paid-up capital of Veritas Industries Private Limited?

    The authorized share capital of Veritas Industries Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Who are the current board members & directors of Veritas Industries Private Limited?

    Currently 2 directors are associated with Veritas Industries Private Limited.

    • Siddharth Rajendra Agarwal
    • Satya Rajendra Agrawal

  • What is the registered address of Veritas Industries Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Veritas Industries Private Limited is 418 Nirmal Corporate Centre 4Th Floor L.B.S. Marg, Mulund (West) India, Mumbai, Maharashtra, 400080.

  • What is the corporate identification number (CIN) and company number of Veritas Industries Private Limited?

    The corporate identification number (CIN) of Veritas Industries Private Limited is U45200MH2006PTC160455 and the company number is 160455 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Veritas Industries Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Veritas Industries Private Limited has risen by 35.76%.

  • How many employees does Veritas Industries Private Limited currently have?

    As Per 2023 financial reports, 51 employees are currently employed by Veritas Industries Private Limited.

  • What change has been observed in the net worth of Veritas Industries Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Veritas Industries Private Limited has experienced an upsurge of 20.65%.

  • What are the total open charges for Veritas Industries Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Veritas Industries Private Limited amount to ₹ 59.55 Cr.

  • When was the last Balance Sheet of Veritas Industries Private Limited filed with the ROC?

    The most recent Balance Sheet for Veritas Industries Private Limited was filed with the ROC on 31 Mar 2024.

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