Veritra It Solutions Private Limited

IT consulting, facility management, software and hardware development, maintenance, and repair services.

2011 | Hyderabad, Telangana (India) | Active
Last Updated: December 08, 2024

Veritra It Solutions Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 3.26 M
  • Company Age 13 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.20 Cr
  • Revenue Growth -47.68%
  • Profit Growth -40.29%
  • Ebitda -5.24%
  • Net Worth 21.13%
  • Total Assets 49.06%

About Veritra It Solutions

Veritra It Solutions Private Limited (VISPL) is a Private Limited Indian Non-Government Company incorporated in India on 09 June 2011 and has a history of 13 years and seven 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 5.00 M and a paid-up capital of Rs 3.26 M.

The company currently has active open charges totaling ₹1.20 Cr.

Radha Achanta, Gopinath Achanta, and Balaji Reddymasu 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

    U72300TG2011PTC074912

  • Company No.

    074912

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Jun 2011

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Information Technology

Who are the key members and board of directors at Veritra It Solutions?

Board Members (3)

NameDesignationAppointment DateStatus
Balaji Reddymasu Country flag representing In Director 20-Dec-2017Current
Radha Achanta Country flag representing In Director 09-Jun-2011Current
Gopinath Achanta Country flag representing In Director 09-Jun-2011Current

Financial Performance of Veritra It Solutions.

Veritra It Solutions Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 47.68% decrease. The company also saw a substantial fall in profitability, with a 40.29% decrease in profit. The company's net worth Soared by an impressive increase of 21.13%.

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
-47.68%
Revenue from Operations
-47.68%
Total Assets
49.06%
Profit or Loss
-40.29%
Net Worth
21.13%
EBITDA
-5.24%

What is the Ownership and Shareholding Structure of Veritra It Solutions?

Unlock access to Veritra It Solutions'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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹11.97 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 0.85 Cr
  • Hdfc Bank Limited : 0.35 Cr

Latest Charge Details

DateLenderAmountStatus
22 Feb 2024Axis Bank Limited₹8.50 MOpen
23 Dec 2022Hdfc Bank Limited₹3.47 MOpen

How Many Employees Work at Veritra It Solutions?

Unlock and access historical data on people associated with Veritra It Solutions, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Veritra It Solutions, 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 Veritra It Solutions'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 Veritra It Solutions

Recent activity within the organization

  • Annual General Meeting

    Veritra It Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Veritra It Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

    31 Mar 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 8.50 M with Charge ID 100880820 was registered on 22 Feb 2024.

    22 Feb 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 3.47 M with Charge ID 100696114 was registered on 23 Dec 2022.

    23 Dec 2022

  • Director Appointment

    Balaji Reddymasu was appointed as a Director was appointed as a Director on 20 Dec 2017 & has been associated with this company since 7 years 1 month .

    20 Dec 2017

  • Director Appointment

    Radha Krishna Veni Achanta was appointed as a Director was appointed as a Director on 09 Jun 2011 & has been associated with this company since 13 years 7 months .

    09 Jun 2011

Frequently asked questions

  • Veritra It Solutions Private Limited was incorporated on 09 Jun 2011.

  • The authorized share capital of Veritra It Solutions Private Limited is ₹ 5.00 M and paid-up capital is ₹ 3.26 M.

  • Currently 3 directors are associated with Veritra It Solutions Private Limited.

    • Radha Krishna Veni Achanta
    • Gopinath Achanta
    • Balaji Reddymasu
  • As per Ministry of Corporate Affairs (Mca), the registered address of Veritra It Solutions Private Limited is Plot No. 1 2 3 Flat 302 Bharath Arcade Laxmi Nagar Colony, Mani Konda India, Hyderabad, Telangana, 500089.

  • The corporate identification number (CIN) of Veritra It Solutions Private Limited is U72300TG2011PTC074912 and the company number is 074912 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Veritra It Solutions Private Limited is https://www.veritra.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Veritra It Solutions Private Limited has fallen by -47.68%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Veritra It Solutions Private Limited has experienced an upsurge of 21.13%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Veritra It Solutions Private Limited amount to ₹ 1.20 Cr.

  • The most recent Balance Sheet for Veritra It Solutions Private Limited was filed with the ROC on 31 Mar 2024.