Veritas Securities Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
as on 29-06-2024
- Paid Up Capital ₹ 1.50 M
as on 29-06-2024
- Company Age 15 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Revenue -46.21%
(FY 2017)
- Profit 73.83%
(FY 2017)
- Ebitda 54.27%
(FY 2017)
- Net Worth -41.83%
(FY 2017)
- Total Assets -8.65%
(FY 2017)
About Veritas Securities
The Company is engaged in the Financial Services 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 2.50 M and a paid-up capital of Rs 1.50 M, as per Ministry of Corporate Affairs (MCA) records.
Srinivas Kuruganti and Venkatavijaya Kuruganti serve as directors at the Company.
- CIN/LLPIN
U67120TG2009PTC063752
- Company No.
063752
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
25 May 2009
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at Veritas Securities?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Srinivas Kuruganti  | Managing Director | 31-Jul-2009 | Current |
Board Members(1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Venkatavijaya Kuruganti | Whole-Time Director | 25-May-2009 | Current |
Financial Performance of Veritas Securities.
Veritas Securities Private Limited, for the financial year ended 2017, experienced significant reduction in revenue, with a 46.21% decrease. The company also saw a substantial improvement in profitability, with a 73.83% increase in profit. The company's net worth observed a substantial decline by a decrease of 41.83%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Veritas Securities?
In 2017, Veritas Securities 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)
Wallet Insurance Broking Private LimitedActive 7 years 1 monthSrinivas Kuruganti is a mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Veritas Securities?
Unlock and access historical data on people associated with Veritas Securities, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Veritas Securities, 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 Securities'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.
