Veritas Securities Private Limited

Provides financial intermediation and brokerage services for institutional and retail investors, specializing in fixed income and debt products.

2009 | Hyderabad, Telangana (India) | Active
Last Updated:

Veritas Securities Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 1.50 M
  • Company Age 15 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -46.21%
  • Profit Growth 73.83%
  • Ebitda 54.27%
  • Net Worth -41.83%
  • Total Assets -8.65%

About Veritas Securities

Veritas Securities Private Limited (VSPL) is a Private Limited Indian Non-Government Company incorporated in India on 25 May 2009 and has a history of 15 years and 11 months. Its registered office is in Hyderabad, Telangana, India.

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 2024. 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.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U67120TG2009PTC063752

  • Company No.

    063752

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 May 2009

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Financial Services
Company report

Veritas Securities Private Limited

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

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

Executive Team (1)

NameDesignationAppointment DateStatus
Srinivas Kuruganti Country flag representing In Managing Director31-Jul-2009Current

Board Members (1)

NameDesignationAppointment DateStatus
Venkatavijaya Kuruganti Country flag representing In Whole-Time Director 25-May-2009Current

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%.

Veritas Securities revenue growth over time
Veritas Securities 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
-46.21%
Revenue from Operations
-58.43%
Total Assets
-8.65%
Profit or Loss
73.83%
Net Worth
-41.83%
EBITDA
54.27%

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.

Shareholding Indicator graph

Charges (Loans)

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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.

Employee growth trends for Veritas Securities Private Limited

Deals i

Graph showing company valuation over time

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

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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

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Latest Updates, News, and FAQs on Veritas Securities

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

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

  • Director Appointment

    Srinivas Suryaprakash Kuruganti was appointed as a Managing Director was appointed as a Managing Director on 31 Jul 2009 & has been associated with this company since 15 years 9 months .

  • Director Appointment

    Venkatavijaya Lakshmi Kuruganti was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 25 May 2009 & has been associated with this company since 15 years 11 months .

  • Company Incorporation

    Veritas Securities Private Limited was registered on 25 May 2009 with Roc Hyderabad & aged 15 years 11 months as per MCA records.

Frequently asked questions

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

    Veritas Securities Private Limited was incorporated on 25 May 2009.

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

    The authorized share capital of Veritas Securities Private Limited is ₹ 2.50 M and paid-up capital is ₹ 1.50 M.

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

    Currently 2 directors are associated with Veritas Securities Private Limited.

    • Srinivas Suryaprakash Kuruganti
    • Venkatavijaya Lakshmi Kuruganti

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

    As per Ministry of Corporate Affairs (Mca), the registered address of Veritas Securities Private Limited is Flat No. 506 Sri Sai Gardens Ganesh Nagar Opp Tv Studio Ramanthapur India, Hyderabad, Telangana, 500013.

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

    The corporate identification number (CIN) of Veritas Securities Private Limited is U67120TG2009PTC063752 and the company number is 063752 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Veritas Securities Private Limited?

    The Official website of Veritas Securities Private Limited is https://www.veritassec.com

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

    According to the financial reports for the fiscal year 2017, the revenue trend for Veritas Securities Private Limited has fallen by -46.21%.

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

    The financial reports for the fiscal year 2017 indicates that The net worth of Veritas Securities Private Limited has experienced an downturn of -41.83%.

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

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

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