Veritech Infosystems Profile
Key Indicators
- Authorised Capital ₹ 0.20 M
- Paid Up Capital ₹ 0.10 M
- Company Age 16 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1.00 Cr
- 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 five months. Its registered office is in Bangaluru, 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 2024. 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 ₹1.00 Cr.
Sharda Wadhokar and Anant Wadhokar serve as directors at the Company.
Company Details
- Location
Bangaluru, 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
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Information Technology
Veritech Infosystems Private Limited
Explore comprehensive data for Veritech Infosystems Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
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
- Profit and Loss
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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)
Open Charges
₹10.00 M
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 1.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 May 2023 | Axis Bank Limited | ₹1.00 Cr | 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.
Latest Updates, News, and FAQs on Veritech Infosystems
Recent activity within the organization
- Annual General Meeting
Veritech Infosystems Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge with Axis Bank Limited of Rs. 10.00 M registered on 11 May 2023 with Charge ID 100724603 was modified on 10 Jun 2024.
- Balance Sheet
Veritech Infosystems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Charges
A charge with Axis Bank Limited amounted to Rs. 10.00 M with Charge ID 100724603 was registered on 11 May 2023.
- Director Appointment
Anant Bhaskarrao Wadhokar was appointed as a Additional Director was appointed as a Additional Director on 02 Nov 2009 & has been associated with this company since 15 years 5 months .
- Director Appointment
Sharda Anant Wadhokar was appointed as a Director was appointed as a Director on 17 Oct 2008 & has been associated with this company since 16 years 5 months .
Frequently asked questions
What is the Incorporation or founding date of Veritech Infosystems Private Limited?
Veritech Infosystems Private Limited was incorporated on 17 Oct 2008.
What is authorized share capital and paid-up capital of Veritech Infosystems Private Limited?
The authorized share capital of Veritech Infosystems Private Limited is ₹ 0.20 M and paid-up capital is ₹ 0.10 M.
Who are the current board members & directors of Veritech Infosystems Private Limited?
Currently 2 directors are associated with Veritech Infosystems Private Limited.
- Sharda Anant Wadhokar
- Anant Bhaskarrao Wadhokar
What is the registered address of Veritech Infosystems Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Veritech Infosystems Private Limited is Flat No. B- 411 4Th Floor 13Th Cross Admiralty Avenue Apartments, Indiranagar Ii Stage India, Bangalore, Karnataka, 560038.
What is the corporate identification number (CIN) and company number of Veritech Infosystems Private Limited?
The corporate identification number (CIN) of Veritech Infosystems Private Limited is U72200KA2008PTC048041 and the company number is 048041 as per Ministry of Corporate Affairs (MCA).
What is the official website of Veritech Infosystems Private Limited?
The Official website of Veritech Infosystems Private Limited is https://www.veritech.co.in
What has been the recent revenue trend for Veritech Infosystems Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Veritech Infosystems Private Limited has risen by 62.48%.
How many employees does Veritech Infosystems Private Limited currently have?
As Per 2023 financial reports, 100 employees are currently employed by Veritech Infosystems Private Limited.
What change has been observed in the net worth of Veritech Infosystems Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Veritech Infosystems Private Limited has experienced an upsurge of 39.67%.
What are the total open charges for Veritech Infosystems Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Veritech Infosystems Private Limited amount to ₹ 1.00 Cr.
When was the last Balance Sheet of Veritech Infosystems Private Limited filed with the ROC?
The most recent Balance Sheet for Veritech Infosystems Private Limited was filed with the ROC on 31 Mar 2024.
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