Veritas Life Sciences Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
- Paid Up Capital ₹ 2.50 M
- Company Age 19 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1.38 Cr
- Revenue Growth -71.54%
- Profit Growth -39.13%
- Ebitda -46.56%
- Net Worth 33.14%
- Total Assets 48.85%
About Veritas Life Sciences
Veritas Life Sciences Limited (VLSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 14 October 2005 and has a history of 19 years and seven months. Its registered office is in Delhi, India.
The Corporate was formerly known as Avis Life Sciences Limited. The Company is engaged in the Pharma 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 2.50 M and a paid-up capital of Rs 2.50 M.
The company currently has active open charges totaling ₹1.38 Cr.
Anil Mediratta, Amit Mediratta, Mohit Arora, and One other member serve as directors at the Company.
Company Details
- Location
Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U24232DL2005PLC141722
- Company No.
141722
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
14 Oct 2005
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Pharma
Veritas Life Sciences Limited
Explore comprehensive data for Veritas Life Sciences Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Veritas Life Sciences?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Anil Mediratta  | Managing Director | 14-Oct-2005 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Mohit Arora | Director | 01-Dec-2016 | Current |
| Amit Mediratta | Director | 14-Oct-2005 | Current |
| Kishor Jha | Director | 01-Dec-2021 | Current |
Financial Performance of Veritas Life Sciences.
Veritas Life Sciences Limited, for the financial year ended 2018, experienced significant reduction in revenue, with a 71.54% decrease. The company also saw a substantial fall in profitability, with a 39.13% decrease in profit. The company's net worth Soared by an impressive increase of 33.14%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Veritas Life Sciences?
In 2018, Veritas Life Sciences 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)
- B. Lall Pharma Private Limited
Anil Mediratta is a mutual person
- Pharmasys Private Limited
Anil Mediratta and Amit Mediratta are mutual person
- Generica India Limited
Anil Mediratta and Amit Mediratta are mutual person
Charges (Loans)
Open Charges
₹13.77 M
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Indian Bank : 1.38 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Apr 2024 | Indian Bank | ₹1.38 Cr | Open |
How Many Employees Work at Veritas Life Sciences?
Veritas Life Sciences has a workforce of 36 employees as of Apr 01, 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 Veritas Life Sciences, 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 Life Sciences'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.
Latest Updates, News, and FAQs on Veritas Life Sciences
Recent activity within the organization
- Annual General Meeting
Veritas Life Sciences Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge with Indian Bank amounted to Rs. 13.77 M with Charge ID 100957368 was registered on 10 Apr 2024.
- Balance Sheet
Veritas Life Sciences Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
- Director Appointment
Kishor Kumar Jha was appointed as a Director was appointed as a Director on 01 Dec 2021 & has been associated with this company since 3 years 5 months .
- Director Appointment
Mohit Arora was appointed as a Director was appointed as a Director on 01 Dec 2016 & has been associated with this company since 8 years 5 months .
- Director Appointment
Anil Mediratta was appointed as a Managing Director was appointed as a Managing Director on 14 Oct 2005 & has been associated with this company since 19 years 7 months .
Frequently asked questions
What is the Incorporation or founding date of Veritas Life Sciences Limited?
Veritas Life Sciences Limited was incorporated on 14 Oct 2005.
What is authorized share capital and paid-up capital of Veritas Life Sciences Limited?
The authorized share capital of Veritas Life Sciences Limited is ₹ 2.50 M and paid-up capital is ₹ 2.50 M.
Who are the current board members & directors of Veritas Life Sciences Limited?
Currently 4 directors are associated with Veritas Life Sciences Limited.
- Anil Mediratta
- Amit Mediratta
- Mohit Arora
- Kishor Kumar Jha
What is the registered address of Veritas Life Sciences Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Veritas Life Sciences Limited is Space No-103 First Floor Commercial Property No-6, Lsc Pocket-5 S Ector A-10 India, Narela Delhi, 110040.
What is the corporate identification number (CIN) and company number of Veritas Life Sciences Limited?
The corporate identification number (CIN) of Veritas Life Sciences Limited is U24232DL2005PLC141722 and the company number is 141722 as per Ministry of Corporate Affairs (MCA).
What is the official website of Veritas Life Sciences Limited?
The Official website of Veritas Life Sciences Limited is https://www.veritaslife.com
What has been the recent revenue trend for Veritas Life Sciences Limited?
According to the financial reports for the fiscal year 2018, the revenue trend for Veritas Life Sciences Limited has fallen by -71.54%.
How many employees does Veritas Life Sciences Limited currently have?
As Per 2018 financial reports, 36 employees are currently employed by Veritas Life Sciences Limited.
What change has been observed in the net worth of Veritas Life Sciences Limited, and by what percentage?
The financial reports for the fiscal year 2018 indicates that The net worth of Veritas Life Sciences Limited has experienced an upsurge of 33.14%.
What are the total open charges for Veritas Life Sciences Limited?
As per the financial statements for fiscal Year 2018, The total open charges for Veritas Life Sciences Limited amount to ₹ 1.38 Cr.
When was the last Balance Sheet of Veritas Life Sciences Limited filed with the ROC?
The most recent Balance Sheet for Veritas Life Sciences Limited was filed with the ROC on 31 Mar 2024.
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