Veritaz Healthcare Limited

Pharmaceutical trading company with focus on antibiotics, gastrointestinal, and skin care products.

2006 | Hyderabad, Telangana (India) | Active
Last Updated:

Veritaz Healthcare Profile

Key Indicators

  • Authorised Capital ₹ 45.00 Cr
  • Paid Up Capital ₹ 42.50 Cr
  • Company Age 18 Year, 8 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 eight 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

Pharma

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.

Company report

Veritaz Healthcare Limited

Explore comprehensive data for Veritaz Healthcare Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Veritaz Healthcare?

Board Members (3)

NameDesignationAppointment DateStatus
Venkata Marthy Country flag representing In Additional Director 24-Jan-2024Current
Srinivas Sistla Country flag representing In Director 02-Jan-2017Current
Srinivas Sista Country flag representing In Whole-Time Director 14-Oct-2022Current

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%.

Veritaz Healthcare revenue growth over time
Veritaz Healthcare 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
-96.17%
Revenue from Operations
-99.84%
Total Assets
-32.60%
Profit or Loss
101302.59%
Net Worth
378.77%
EBITDA
-135.79%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹345.00 Cr

Satisfied Charges

₹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

DateLenderAmountStatus
20 Apr 2024Others₹145.00 CrOpen
20 Apr 2024Hdfc Bank Limited₹100.00 CrOpen
20 Apr 2024Yes Bank Limited₹100.00 CrOpen
11 Apr 2015Axis Bank Limited₹25.00 CrSatisfied
31 Aug 2012Hdfc Bank Limited₹14.75 CrSatisfied

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.

Employee growth trends for Veritaz Healthcare Limited

Deals i

Graph showing company valuation over time

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

Graph displaying rating trends over time

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

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 Veritaz Healthcare

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 145.00 Cr with Charge ID 100912313 was registered on 20 Apr 2024.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 100.00 Cr with Charge ID 100918392 was registered on 20 Apr 2024.

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 100.00 Cr with Charge ID 100918592 was registered on 20 Apr 2024.

  • Director Appointment

    Venkata Krishna Anjaneya Prasad Marthy was appointed as a Additional Director was appointed as a Additional Director on 24 Jan 2024 & has been associated with this company since 1 year 3 months .

  • Annual General Meeting

    Veritaz Healthcare Limited last Annual general meeting of members was held on 26 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Veritaz Healthcare Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

Frequently asked questions

  • What is the Incorporation or founding date of Veritaz Healthcare Limited?

    Veritaz Healthcare Limited was incorporated on 14 Sep 2006.

  • What is authorized share capital and paid-up capital of Veritaz Healthcare Limited?

    The authorized share capital of Veritaz Healthcare Limited is ₹ 45.00 Cr and paid-up capital is ₹ 42.50 Cr.

  • Who are the current board members & directors of Veritaz Healthcare Limited?

    Currently 3 directors are associated with Veritaz Healthcare Limited.

    • Venkata Krishna Anjaneya Prasad Marthy
    • Srinivas Sistla
    • Srinivas Sista

  • What is the registered address of Veritaz Healthcare Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Veritaz Healthcare Limited is Sy.No.66(Part) And 67 (Part) Miyapur Serilingampally Mandal, Hyderabad, Telangana, India, 500050.

  • What is the corporate identification number (CIN) and company number of Veritaz Healthcare Limited?

    The corporate identification number (CIN) of Veritaz Healthcare Limited is U24231TG2006PLC051148 and the company number is 051148 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Veritaz Healthcare Limited?

    The Official website of Veritaz Healthcare Limited is https://www.veritaz.in

  • What has been the recent revenue trend for Veritaz Healthcare Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Veritaz Healthcare Limited has fallen by -96.17%.

  • How many employees does Veritaz Healthcare Limited currently have?

    As Per 2023 financial reports, 1 employees are currently employed by Veritaz Healthcare Limited.

  • What change has been observed in the net worth of Veritaz Healthcare Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Veritaz Healthcare Limited has experienced an upsurge of 378.77%.

  • What are the total open charges for Veritaz Healthcare Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Veritaz Healthcare Limited amount to ₹ 345.00 Cr.

  • When was the last Balance Sheet of Veritaz Healthcare Limited filed with the ROC?

    The most recent Balance Sheet for Veritaz Healthcare Limited was filed with the ROC on 31 Mar 2023.

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