Veritech Infosystems Profile
Key Indicators
- Authorised Capital ₹ 0.20 M
- Paid Up Capital ₹ 0.10 M
- Company Age 16 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 5.00 M
- Revenue Growth 62.48%
- Profit Growth -34.50%
- Ebitda 73.82%
- Net Worth 39.67%
- Total Assets 67.35%
About Veritech Infosystems
Veritech Infosystems Private Limited (VIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 17 October 2008 and has a history of 16 years and four months. Its registered office is in Bangalore, Karnataka, India.
The Company is engaged in the Information Technology 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 0.20 M and a paid-up capital of Rs 0.10 M.
The company currently has active open charges totaling ₹5.00 M.
Sharda Wadhokar and Anant Wadhokar serve as directors at the Company.
Company Details
- Location
Bangalore, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U72200KA2008PTC048041
- Company No.
048041
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
17 Oct 2008
- Date of AGM
27 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Who are the key members and board of directors at Veritech Infosystems?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sharda Wadhokar  | Director | 17-Oct-2008 | Current |
| Anant Wadhokar | Additional Director | 02-Nov-2009 | Current |
Financial Performance of Veritech Infosystems.
Veritech Infosystems Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 62.48% increase. The company also saw a substantial fall in profitability, with a 34.5% decrease in profit. The company's net worth Soared by an impressive increase of 39.67%.
- Key Matrics
- Balance Sheet
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What is the Ownership and Shareholding Structure of Veritech Infosystems?
In 2023, Veritech Infosystems 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)
Winfinity Infosolutions LlpSharda Wadhokar and Anant Wadhokar are mutual person
Charges (Loans)
₹5.00 M
₹0
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 0.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 May 2023 | Axis Bank Limited | ₹5.00 M | Open |
How Many Employees Work at Veritech Infosystems?
Veritech Infosystems has a workforce of 100 employees as of Mar 28, 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 Veritech Infosystems, 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 Veritech Infosystems'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.
