Veritaz Healthcare Profile
Key Indicators
- Authorised Capital ₹ 45.00 Cr
- Paid Up Capital ₹ 42.50 Cr
- Company Age 18 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 345.00 Cr
- Satisfied Charges ₹ 44.75 Cr
- Revenue Growth -96.17%
- Profit Growth 101302.59%
- Ebitda -135.79%
- Net Worth 378.77%
- Total Assets -32.60%
About Veritaz Healthcare
Veritaz Healthcare Limited (VHL) is a leading Public Limited Indian Non-Government Company incorporated in India on 14 September 2006 and has a history of 18 years and five months. Its registered office is in Hyderabad, Telangana, India.
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 2023. It's a company limited by shares with an authorized capital of Rs 45.00 Cr and a paid-up capital of Rs 42.50 Cr.
The company currently has active open charges totaling ₹345.00 Cr. The company has closed loans amounting to ₹44.75 Cr, as per Ministry of Corporate Affairs (MCA) records.
Venkata Marthy, Srinivas Sistla, and Srinivas Sista 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
U24231TG2006PLC051148
- Company No.
051148
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
14 Sep 2006
- Date of AGM
26 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
What products or services does Veritaz Healthcare Limited offer?
Veritaz Healthcare Limited offers a wide range of products and services, including Hair Care, Hair Growth for Men, Shampoo, Ayurveda Products, Natural Hair & Skin Care, Specialty Supplements, Beauty Supplements, Skin Care, Sunscreen Products, Protein Supplements.
Who are the key members and board of directors at Veritaz Healthcare?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Venkata Marthy  | Additional Director | 24-Jan-2024 | Current |
| Srinivas Sistla | Director | 02-Jan-2017 | Current |
| Srinivas Sista | Whole-Time Director | 14-Oct-2022 | Current |
Financial Performance of Veritaz Healthcare.
Veritaz Healthcare Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 96.17% decrease. The company also saw a substantial improvement in profitability, with a 101302.59% increase in profit. The company's net worth Soared by an impressive increase of 378.77%.
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What is the Ownership and Shareholding Structure of Veritaz Healthcare?
In 2023, Veritaz Healthcare had a promoter holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Trident Chemphar LimitedVenkata Marthy is a mutual person
Sportz & Live Entertainment Private LimitedSrinivas Sistla is a mutual person
Sanhoc Labs LimitedVenkata Marthy and Srinivas Sistla are mutual person
- Jaswitha Realtors Llp
Srinivas Sistla is a mutual person
- Bombay Badminton Private Limited
Srinivas Sistla is a mutual person
- Auro Merchants Llp
Srinivas Sista is a mutual person
Charges (Loans)
₹345.00 Cr
₹44.75 Cr
Charges Breakdown by Lending Institutions
- Others : 145.00 Cr
- Hdfc Bank Limited : 100.00 Cr
- Yes Bank Limited : 100.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Apr 2024 | Others | ₹145.00 Cr | Open |
| 20 Apr 2024 | Hdfc Bank Limited | ₹100.00 Cr | Open |
| 20 Apr 2024 | Yes Bank Limited | ₹100.00 Cr | Open |
| 11 Apr 2015 | Axis Bank Limited | ₹25.00 Cr | Satisfied |
| 31 Aug 2012 | Hdfc Bank Limited | ₹14.75 Cr | Satisfied |
How Many Employees Work at Veritaz Healthcare?
Veritaz Healthcare has a workforce of 1 employees as of Apr 07, 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 Veritaz Healthcare, 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 Veritaz Healthcare'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.
