Veritis Solutions India Profile
Key Indicators
- Authorised Capital ₹ 0.50 M
- Paid Up Capital ₹ 0.50 M
- Company Age 17 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 7.33 M
- Revenue Growth 14.20%
- Profit Growth 21.78%
- Ebitda 21.48%
- Net Worth 58.90%
- Total Assets 87.86%
About Veritis Solutions India
Veritis Solutions India Private Limited (VSIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 17 May 2007 and has a history of 17 years and nine months. Its registered office is in Hyderabad, Telangana, 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 0.50 M and a paid-up capital of Rs 0.50 M.
The company currently has active open charges totaling ₹7.33 M.
Ravi Peram and Saradadevi Peram 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
U72200TG2007PTC054040
- Company No.
054040
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
17 May 2007
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Who are the key members and board of directors at Veritis Solutions India?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ravi Peram  | Director | 17-May-2007 | Current |
| Saradadevi Peram | Director | 06-Feb-2015 | Current |
Financial Performance of Veritis Solutions India.
Veritis Solutions India Private Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 14.2% increase. The company also saw a substantial improvement in profitability, with a 21.78% increase in profit. The company's net worth Soared by an impressive increase of 58.9%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Veritis Solutions India?
In 2020, Veritis Solutions India 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)
Fenix Systems And Projects Private LimitedSaradadevi Peram is a mutual person
Cowork Valley Private LimitedRavi Peram is a mutual person
- Fitbase.Com Solutions India Private Limited
Ravi Peram is a mutual person
- Technomatics Software India Private Limited
Saradadevi Peram is a mutual person
Charges (Loans)
₹7.33 M
₹0
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 0.73 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Nov 2021 | Hdfc Bank Limited | ₹7.33 M | Open |
How Many Employees Work at Veritis Solutions India?
Veritis Solutions India has a workforce of 66 employees as of Apr 08, 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 Veritis Solutions India, 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 Veritis Solutions India'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.
