Veritas Logistics Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 3.98 M
- Company Age 21 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 16.65 Cr
- Satisfied Charges ₹ 19.00 Cr
- Revenue Growth 61.63%
- Profit Growth 23.19%
- Ebitda 49.09%
- Net Worth 21.80%
- Total Assets 12.89%
About Veritas Logistics
Veritas Logistics Private Limited (VLPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 10 February 2004 and has a history of 21 years and one month. Its registered office is in Thane, Maharashtra, India.
The Company is engaged in the Transport And Logistics 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 3.98 M.
The company currently has active open charges totaling ₹16.65 Cr. The company has closed loans amounting to ₹19.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sonali Menon, Lalitha Menon, Rishab Koshy, and One other member serve as directors at the Company.
Company Details
- Location
Thane, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U63000MH2004PTC144438
- Company No.
144438
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
10 Feb 2004
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Transport and Logistics
What products or services does Veritas Logistics Private Limited offer?
Veritas Logistics Private Limited offers a wide range of products and services, including Warehousing Services, Industrial Air Conditioner & Devices, Cold Storage System, Custom Clearing Service, Import Clearance Services, Bonded Warehousing Services.
Veritas Logistics Private Limited
Explore comprehensive data for Veritas Logistics Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Veritas Logistics?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rishab Koshy  | Managing Director | 15-Feb-2020 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sonali Menon | Director | 10-Feb-2004 | Current |
| Lalitha Menon | Director | 10-Feb-2004 | Current |
| Meenakshi Koshy | Director | 26-Mar-2018 | Current |
Financial Performance of Veritas Logistics.
Veritas Logistics Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 61.63% increase. The company also saw a substantial improvement in profitability, with a 23.19% increase in profit. The company's net worth Soared by an impressive increase of 21.8%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Veritas Logistics?
In 2023, Veritas Logistics 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)
Sonarys Co-Brands Private LimitedSonali Menon is a mutual person
- Veritas Global Private Limited
Rishab Koshy is a mutual person
Testudo Services LlpRishab Koshy is a mutual person
- Aksys Connect Solutions Private Limited
Rishab Koshy is a mutual person
- Hopfirst Infocomm Private Limited
Rishab Koshy and Meenakshi Koshy are mutual person
Charges (Loans)
Open Charges
₹16.65 Cr
Satisfied Charges
₹19.00 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 16.50 Cr
- Hdfc Bank Limited : 0.15 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Jan 2024 | Hdfc Bank Limited | ₹1.48 M | Open |
| 30 Sep 2020 | Axis Bank Limited | ₹16.50 Cr | Open |
| 21 Nov 2020 | Axis Bank Limited | ₹15.00 Cr | Satisfied |
| 11 Mar 2013 | Standard Chartered Bank | ₹4.00 Cr | Satisfied |
How Many Employees Work at Veritas Logistics?
Veritas Logistics has a workforce of 80 employees as of Mar 23, 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 Logistics, 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 Logistics'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 Logistics
Recent activity within the organization
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.15 Cr with Charge ID 100853108 was registered on 09 Jan 2024.
- Charges
A charge registered on 21 Nov 2020 via Charge ID 100417325 with Axis Bank Limited was fully satisfied on 30 Oct 2023.
- Annual General Meeting
Veritas Logistics Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Charges
A charge with Axis Bank Limited of Rs. 16.50 Cr registered on 30 Sep 2020 with Charge ID 100393386 was modified on 29 Aug 2023.
- Balance Sheet
Veritas Logistics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
- Charges
A charge with Axis Bank Limited amounted to Rs. 15.00 Cr with Charge ID 100417325 was registered on 21 Nov 2020.
Frequently asked questions
What is the Incorporation or founding date of Veritas Logistics Private Limited?
Veritas Logistics Private Limited was incorporated on 10 Feb 2004.
What is authorized share capital and paid-up capital of Veritas Logistics Private Limited?
The authorized share capital of Veritas Logistics Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 3.98 M.
Who are the current board members & directors of Veritas Logistics Private Limited?
Currently 4 directors are associated with Veritas Logistics Private Limited.
- Sonali Sanjay Menon
- Lalitha Balaram Menon
- Rishab Koshy
- Meenakshi Mammootil Koshy
What is the registered address of Veritas Logistics Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Veritas Logistics Private Limited is Office No. 1203 Mayuresh Chambers Premises Co-Op Soc Ltd. Plot No.60 Sector 11, Cbd Belapur India, Navi Mumbai, Maharashtra, 400614.
What is the corporate identification number (CIN) and company number of Veritas Logistics Private Limited?
The corporate identification number (CIN) of Veritas Logistics Private Limited is U63000MH2004PTC144438 and the company number is 144438 as per Ministry of Corporate Affairs (MCA).
What is the official website of Veritas Logistics Private Limited?
The Official website of Veritas Logistics Private Limited is https://www.veritaslogistics.com
What has been the recent revenue trend for Veritas Logistics Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Veritas Logistics Private Limited has risen by 61.63%.
How many employees does Veritas Logistics Private Limited currently have?
As Per 2023 financial reports, 80 employees are currently employed by Veritas Logistics Private Limited.
What change has been observed in the net worth of Veritas Logistics Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Veritas Logistics Private Limited has experienced an upsurge of 21.80%.
What are the total open charges for Veritas Logistics Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Veritas Logistics Private Limited amount to ₹ 16.65 Cr.
When was the last Balance Sheet of Veritas Logistics Private Limited filed with the ROC?
The most recent Balance Sheet for Veritas Logistics Private Limited was filed with the ROC on 31 Mar 2023.
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