Veritas Investments Limited

Founded in 1994 and headquartered in Maharashtra, India.

1994 | Mumbai, Maharashtra (India) | Active
Last Updated:

Veritas Investments Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 5.24 M
  • Company Age 30 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 480.00 Cr
  • Satisfied Charges ₹ 300.00 Cr
  • Revenue Growth 289.72%
  • Profit Growth 91.23%
  • Ebitda 5.68%
  • Net Worth -0.82%
  • Total Assets -2.94%

About Veritas Investments

Veritas Investments Limited (VIL) is a Public Limited Indian Non-Government Company incorporated in India on 11 November 1994 and has a history of 30 years and four months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Veritas Investments Pvt Limited. The Company is engaged in the Real Estate And Construction 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 5.24 M.

The company currently has active open charges totaling ₹480.00 Cr. The company has closed loans amounting to ₹300.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Mayank Parekh, Kunal Sharma, and Hemendra Gangwal 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

    U74900MH1994PLC082813

  • Company No.

    082813

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    11 Nov 1994

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Real Estate and Construction

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

Board Members (3)

NameDesignationAppointment DateStatus
Mayank Parekh Country flag representing In Director 30-May-2014Current
Kunal Sharma Country flag representing In Director 30-May-2014Current
Hemendra Gangwal Country flag representing In Additional Director 01-Apr-2024Current

Financial Performance of Veritas Investments.

Veritas Investments Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 289.72% increase. The company also saw a substantial improvement in profitability, with a 91.23% increase in profit. The company's net worth dipped by a decrease of 0.82%.

Veritas Investments revenue growth over time
Veritas Investments 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
289.72%
Revenue from Operations
Total Assets
-2.94%
Profit or Loss
91.23%
Net Worth
-0.82%
EBITDA
5.68%

What is the Ownership and Shareholding Structure of Veritas Investments?

In 2023, Veritas Investments had a promoter holding of 99.99% and a public holding of 0.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹480.00 Cr

Satisfied Charges

₹300.00 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 352.00 Cr
  • State Bank Of Hyderabad : 95.00 Cr
  • Punjab National Bank : 33.00 Cr

Latest Charge Details

DateLenderAmountStatus
12 Jan 2021State Bank Of India₹176.00 CrOpen
13 Sep 2017State Bank Of India₹176.00 CrOpen
07 Jun 2012State Bank Of Hyderabad₹95.00 CrOpen
23 Mar 2002Punjab National Bank₹16.50 CrOpen
22 Mar 2002Punjab National Bank₹16.50 CrOpen

How Many Employees Work at Veritas Investments?

Unlock and access historical data on people associated with Veritas Investments, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Veritas Investments Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Director Appointment

    Hemendra Gangwal was appointed as a Additional Director was appointed as a Additional Director on 01 Apr 2024 & has been associated with this company since 11 months 26 days .

  • Annual General Meeting

    Veritas Investments Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Veritas Investments Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

  • Charges

    A charge with State Bank Of India amounted to Rs. 176.00 Cr with Charge ID 100412183 was registered on 12 Jan 2021.

  • Charges

    A charge with State Bank Of India of Rs. 176.00 Cr registered on 13 Sep 2017 with Charge ID 100147749 was modified on 12 Jan 2021.

  • Charges

    A charge with State Bank Of India amounted to Rs. 176.00 Cr with Charge ID 100147749 was registered on 13 Sep 2017.

Frequently asked questions

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

    Veritas Investments Limited was incorporated on 11 Nov 1994.

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

    The authorized share capital of Veritas Investments Limited is ₹ 1.00 Cr and paid-up capital is ₹ 5.24 M.

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

    Currently 3 directors are associated with Veritas Investments Limited.

    • Mayank Hasmukhrai Parekh
    • Kunal Sharma
    • Hemendra Gangwal

  • What is the registered address of Veritas Investments Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Veritas Investments Limited is 701, Embassy Centre Nariman Point India, Mumbai, Maharashtra, 400021.

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

    The corporate identification number (CIN) of Veritas Investments Limited is U74900MH1994PLC082813 and the company number is 082813 as per Ministry of Corporate Affairs (MCA).

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

    According to the financial reports for the fiscal year 2022, the revenue trend for Veritas Investments Limited has risen by 289.72%.

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

    The financial reports for the fiscal year 2022 indicates that The net worth of Veritas Investments Limited has experienced an downturn of -0.82%.

  • What are the total open charges for Veritas Investments Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Veritas Investments Limited amount to ₹ 480.00 Cr.

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

    The most recent Balance Sheet for Veritas Investments Limited was filed with the ROC on 31 Mar 2023.

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