Verity Global Solutions Private Limited

Provides advisory and outsourcing services for business processes in India and globally.

2016 | Mumbai, Maharashtra (India) | Active
Last Updated: December 30, 2024

Verity Global Solutions Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 8 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.00 Cr
  • Revenue Growth -33.84%
  • Profit Growth -52.71%
  • Ebitda -35.35%
  • Net Worth 23.80%
  • Total Assets 14.21%

About Verity Global Solutions

Verity Global Solutions Private Limited (VGSPL) is a Private Limited Indian Non-Government Company incorporated in India on 15 July 2016 (Eight years and six months 19 days old ). Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Business Outsourcing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 0.10 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹2.00 Cr.

Geeta Mehta, Saurabh Mehta, and Sameer Mehta serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U74999MH2016PTC283728

  • Company No.

    283728

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Jul 2016

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Business Outsourcing

Who are the key members and board of directors at Verity Global Solutions?

Board Members (3)

Name Designation Appointment Date Status
Saurabh Mehta Country flag representing In Director 15-Jul-2016 Current
Geeta Mehta Country flag representing In Director 15-Jul-2016 Current
Sameer Mehta Country flag representing Us Director 15-Feb-2018 Current

Financial Performance of Verity Global Solutions.

Verity Global Solutions Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 33.84% decrease. The company also saw a substantial fall in profitability, with a 52.71% decrease in profit. The company's net worth Soared by an impressive increase of 23.8%.

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
-33.84%
Revenue from Operations
-34.30%
Total Assets
14.21%
Profit or Loss
-52.71%
Net Worth
23.80%
EBITDA
-35.35%

What is the Ownership and Shareholding Structure of Verity Global Solutions?

In 2023, Verity Global Solutions had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹20.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 2.00 Cr

Latest Charge Details

Date Lender Amount Status
26 Nov 2021 Others ₹2.00 Cr Open

How Many Employees Work at Verity Global Solutions?

Verity Global Solutions has a workforce of 209 employees as of Apr 09, 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 Verity Global 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 Verity Global 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 Verity Global Solutions

Recent activity within the organization

  • Annual General Meeting

    Verity Global Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Verity Global Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 20.00 M with Charge ID 100502924 was registered on 26 Nov 2021.

    26 Nov 2021

  • Director Appointment

    Sameer Jaykumar Mehta was appointed as a Director was appointed as a Director on 15 Feb 2018 & has been associated with this company since 6 years 11 months .

    15 Feb 2018

  • Director Appointment

    Geeta Jaykumar Mehta was appointed as a Director was appointed as a Director on 15 Jul 2016 & has been associated with this company since 8 years 6 months .

    15 Jul 2016

  • Director Appointment

    Saurabh Jaykumar Mehta was appointed as a Director was appointed as a Director on 15 Jul 2016 & has been associated with this company since 8 years 6 months .

    15 Jul 2016

Frequently asked questions

  • Verity Global Solutions Private Limited was incorporated on 15 Jul 2016.

  • The authorized share capital of Verity Global Solutions Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 3 directors are associated with Verity Global Solutions Private Limited.

    • Geeta Jaykumar Mehta
    • Saurabh Jaykumar Mehta
    • Sameer Jaykumar Mehta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Verity Global Solutions Private Limited is 10Th Floor 1007 Lodha Codename No 1 Senapati Bapat Marg One Place Upper Worli Lower Parel, India, Mumbai, Maharashtra, 400013.

  • The corporate identification number (CIN) of Verity Global Solutions Private Limited is U74999MH2016PTC283728 and the company number is 283728 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Verity Global Solutions Private Limited is https://www.verityglobalsolutions.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Verity Global Solutions Private Limited has fallen by -33.84%.

  • As Per 2023 financial reports, 209 employees are currently employed by Verity Global Solutions Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Verity Global Solutions Private Limited has experienced an upsurge of 23.80%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Verity Global Solutions Private Limited amount to ₹ 2.00 Cr.

  • The most recent Balance Sheet for Verity Global Solutions Private Limited was filed with the ROC on 31 Mar 2023.