Veritek Engineering Private Limited

Manufacturer and exporter of electrical components for various industries, with clients including top companies.

1998 | Mumbai, Maharashtra (India) | Active
Last Updated: December 26, 2024

Who are the key members and board of directors at Veritek Engineering?

Board Members (2)

NameDesignationAppointment DateStatus
Raakesh Verma Country flag representing In Director 19-Feb-1998Current
Ganesh Kumar Country flag representing In Director 19-Feb-1998Current

Financial Performance of Veritek Engineering.

Veritek Engineering Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 12.75% increase. The company also saw a substantial improvement in profitability, with a 56.77% increase in profit. The company's net worth Soared by an impressive increase of 22.5%.

Graph illustrating revenue growth over time
Graph showing 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
12.75%
Revenue from Operations
10.25%
Total Assets
3.85%
Profit or Loss
56.77%
Net Worth
22.50%
EBITDA
-16.38%

Charges (Loans)

Open Charges

₹56.10 M

Satisfied Charges

₹96.35 M

Charges Breakdown by Lending Institutions

  • State Bank Of India : 5.61 Cr

Latest Charge Details

DateLenderAmountStatus
23 Feb 2022State Bank Of India₹5.61 CrOpen
28 Oct 2016Others₹1.00 CrSatisfied
30 Aug 2016Others₹1.00 CrSatisfied
24 Jul 2014Corporation Bank₹5.82 CrSatisfied
04 Jan 2011The Cosmos Co-Op Bank Ltd₹1.35 CrSatisfied

How Many Employees Work at Veritek Engineering?

Veritek Engineering has a workforce of 7 employees as of Apr 06, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Veritek Engineering, 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 Veritek Engineering'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 Veritek Engineering

Recent activity within the organization

  • Annual General Meeting

    Veritek Engineering Private Limited last Annual general meeting of members was held on 25 Sep 2024 as per latest MCA records.

    25 Sep 2024

  • Charges

    A charge with State Bank Of India of Rs. 56.10 M registered on 23 Feb 2022 with Charge ID 100558459 was modified on 23 Jul 2024.

    23 Jul 2024

  • Balance Sheet

    Veritek Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge registered on 28 Oct 2016 via Charge ID 100062045 with Others was fully satisfied on 20 Jul 2022.

    20 Jul 2022

  • Charges

    A charge registered on 30 Aug 2016 via Charge ID 100051527 with Others was fully satisfied on 20 Jul 2022.

    20 Jul 2022

  • Charges

    A charge with State Bank Of India amounted to Rs. 56.10 M with Charge ID 100558459 was registered on 23 Feb 2022.

    23 Feb 2022

Frequently asked questions

  • Veritek Engineering Private Limited was incorporated on 19 Feb 1998.

  • The authorized share capital of Veritek Engineering Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.50 M.

  • Currently 2 directors are associated with Veritek Engineering Private Limited.

    • Raakesh Mohanlal Verma
    • Ganesh Kumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Veritek Engineering Private Limited is E 11 12 K Building Ansa Industrial Estate Cooperative Society Ltd Saki Naka Andher I East India, Mumbai, Maharashtra, 400072.

  • The corporate identification number (CIN) of Veritek Engineering Private Limited is U28920MH1998PTC113637 and the company number is 113637 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Veritek Engineering Private Limited is https://www.veritekindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Veritek Engineering Private Limited has risen by 12.75%.

  • As Per 2023 financial reports, 7 employees are currently employed by Veritek Engineering Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Veritek Engineering Private Limited has experienced an upsurge of 22.50%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Veritek Engineering Private Limited amount to ₹ 5.61 Cr.

  • The most recent Balance Sheet for Veritek Engineering Private Limited was filed with the ROC on 31 Mar 2024.