Veritek Engineering Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
- Paid Up Capital ₹ 2.50 M
- Company Age 27 Year, 14 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 5.61 Cr
- Satisfied Charges ₹ 9.64 Cr
- Revenue Growth 12.75%
- Profit Growth 56.77%
- Ebitda -16.38%
- Net Worth 22.50%
- Total Assets 3.85%
About Veritek Engineering
Veritek Engineering Private Limited (VEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 February 1998 and has a history of 27 years. Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the Energy And Power 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 2.50 M and a paid-up capital of Rs 2.50 M.
The company currently has active open charges totaling ₹5.61 Cr. The company has closed loans amounting to ₹9.64 Cr, as per Ministry of Corporate Affairs (MCA) records.
Raakesh Verma and Ganesh Kumar serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U28920MH1998PTC113637
- Company No.
113637
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
19 Feb 1998
- Date of AGM
25 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Energy and Power
What products or services does Veritek Engineering Private Limited offer?
Veritek Engineering Private Limited offers a wide range of products and services, including Transformers, Current Transformers, Electrical & Electronic Test Devices, Energy Meter, Ammeter, Voltmeter, Power Meters, Relays and Contactors, Voltage Relays, Panel Meters.
Who are the key members and board of directors at Veritek Engineering?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Raakesh Verma  | Director | 19-Feb-1998 | Current |
| Ganesh Kumar | Director | 19-Feb-1998 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Veritek Engineering?
Unlock access to Veritek Engineering's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Feb 2022 | State Bank Of India | ₹5.61 Cr | Open |
| 28 Oct 2016 | Others | ₹1.00 Cr | Satisfied |
| 30 Aug 2016 | Others | ₹1.00 Cr | Satisfied |
| 24 Jul 2014 | Corporation Bank | ₹5.82 Cr | Satisfied |
| 04 Jan 2011 | The Cosmos Co-Op Bank Ltd | ₹1.35 Cr | Satisfied |
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.
Deals i
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
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 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.
- 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.
- Balance Sheet
Veritek Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge registered on 28 Oct 2016 via Charge ID 100062045 with Others was fully satisfied on 20 Jul 2022.
- Charges
A charge registered on 30 Aug 2016 via Charge ID 100051527 with Others was fully satisfied on 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.
Frequently asked questions
What is the Incorporation or founding date of Veritek Engineering Private Limited?
Veritek Engineering Private Limited was incorporated on 19 Feb 1998.
What is authorized share capital and paid-up capital of Veritek Engineering Private Limited?
The authorized share capital of Veritek Engineering Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.50 M.
Who are the current board members & directors of Veritek Engineering Private Limited?
Currently 2 directors are associated with Veritek Engineering Private Limited.
- Raakesh Mohanlal Verma
- Ganesh Kumar
What is the registered address of Veritek Engineering Private Limited?
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.
What is the corporate identification number (CIN) and company number of Veritek Engineering Private Limited?
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).
What is the official website of Veritek Engineering Private Limited?
The Official website of Veritek Engineering Private Limited is https://www.veritekindia.com
What has been the recent revenue trend for Veritek Engineering Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Veritek Engineering Private Limited has risen by 12.75%.
How many employees does Veritek Engineering Private Limited currently have?
As Per 2023 financial reports, 7 employees are currently employed by Veritek Engineering Private Limited.
What change has been observed in the net worth of Veritek Engineering Private Limited, and by what percentage?
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%.
What are the total open charges for Veritek Engineering Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Veritek Engineering Private Limited amount to ₹ 5.61 Cr.
When was the last Balance Sheet of Veritek Engineering Private Limited filed with the ROC?
The most recent Balance Sheet for Veritek Engineering Private Limited was filed with the ROC on 31 Mar 2024.