Verare Technologies Private Limited - Due diligence report

A 360° intelligence report on Verare Technologies: trust score, financial health, credit view, compliance, directors, growth and distress si…

2013-07-09 Bangalore, Karnataka Strike Off Unlisted Active Non-Compliant
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Verare Technologies — 360° Intelligence Report

Generated from MCA filings & public records
27/100
Trust Score
Caution Indicated

Verare Technologies is assessed as Caution Indicated with a Trust Score of 27/100. Verare Technologies is a private limited indian non-government company incorporated in 2013, operating in the Service sector. Reported revenue has declined across its recent filed years. It reported a loss in its latest filed year. Based on MCA filings and public records, it currently shows a high compliance risk and high financial risk profile.

Report generated on 13 Jul 2026 from the latest processed filings. Verare Technologies Private Limited snapshot & full profile →

Financial Health › Caution
Overall Assessment CautionWeakNeutralGoodStrong Caution
Compliance › Caution

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreCaution Indicated
27/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreCaution Indicated
10/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreCaution Indicated
5/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
45/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreModerate
55/100
Board strength, DIN status, churn and network.
Growth ScoreCaution Indicated
45/100
Revenue, profit, asset and hiring momentum.
Distress ScoreCaution Indicated
5/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 2 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

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Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 45/100 Caution Indicated
  • Negative operating earnings - debt service depends on external support.
  • No open charges - unencumbered balance sheet.

Charges position: 0 open (-) · 0 satisfied (-).

Compliance Score: 10/100 Caution Indicated
  • Company status is "Strike Off" - not Active.
  • Marked ACTIVE non-compliant (INC-22A).
  • Last balance sheet is for Mar 2016 - filings overdue.
05

Director Intelligence

Stability score: 55/100
NameDIN / PANDesignationAppointedTenureDIN status
VENKATARAMIREDDY KONDA 01234567 Director 01/04/2018 6 yrs Approved
SIDDAMMA KONDA 01234567 Director 01/04/2018 6 yrs Approved
  • 2 directors on the board.
  • VENKATARAMIREDDY KONDA has DIN status "Deactivated due to non-filing of DIR-3 KYC".
  • Stable board - no exits in 3 years.
  • Average tenure above 5 years.
06

Ownership & Group Intelligence

As per FY 2016 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
-
Group entities
-
Capital events
0 allotment(s) · 1 transfer(s)

Promoters hold a dominant controlling stake - exact percentages are part of the full report.

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 45 · Distress 5
Growth signals & trust indicators
Asset base grew 38% - capacity expansion.
Operating for 13+ years.
Distress signals & risk flags
Revenue declined year-on-year.
Losses deepening year-on-year.
Outside liabilities up 1.42 in a year.
Negative net worth.
Statutory filings appear overdue.
Adverse company status: Strike Off.
Compliance score is weak (10/100).
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence14/100
Caution indicated
Suitability as a supplier / customer counterparty.
  • Check the compliance flags before onboarding.
  • 6 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment24/100
Enhanced diligence advised
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • No existing security registered - first-charge position available.
  • Compliance gaps should be priced into terms.
Investor view26/100
Limited indicators at present
Growth quality and scalability through an investor lens.
  • 1 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management churn warrants questions.
09

MCA Filings & Events Timeline

Latest 10 events
21 Dec 2018
Director appointed
VENKATARAMIREDDY KONDA (Additional Director)
Director appointed
SIDDAMMA KONDA (Additional Director)
Director ceased
VENKATA SRIDEVI AVULA
Director ceased
KONDA LAKSHMI DEVI
30 Sep 2016
Last AGM held
Annual general meeting
10 Aug 2016
Director ceased
RAGHUNADHA REDDY PANGA
Director ceased
RAJA REDDY GAJULAPALLI
31 Mar 2016
Latest balance sheet
Filed with ROC
31 Mar 2015
Share transfer (FY 2015)
100.00000000 shares to Reddy Raghunadha
09 Jul 2013
Incorporated
Registered with Roc Bangalore
10

Key Observations

Auto-generated from the data above
Revenue declined 2.1x over the last 1 financial year(s).
Net profit margin moved from 24% to 0.86.
2 active director(s) / partner(s); review board churn before relying on management continuity.
Promoters hold a dominant controlling stake as per the FY 2016 annual return.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Simpal Mobile Payment And Information Services Private Limited U74999MH2013PTC242355 Navi Mumbai, Maharashtra, India
Connecting Lines Media Solution Private Limited U74120MH2012PTC228767 Thane, Maharashtra, India
Nero Brain Technologies Private Limited U72900TN2014PTC097653 Chennai, Tamil Nadu, India
Fastronic Teleservices Private Limited U74990TN2010PTC075635 Chennai, Tamil Nadu, India
Villagineer Technologies U74900PN2012PTC144222 Pune, Maharashtra, India
Implore Infosolutions Private Limited U72200WB2012PTC178332 Kolkata, West Bengal, India
Houzify U72200KA2015PTC078338 Bangalore, Karnataka, India
Tesla Networking And Solutions Private Limited U74900AS2015PTC012122 Abhayapuri, Assam, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Verare Technologies before audits and certifications: compliance score 10/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Verare Technologies: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Enhanced diligence advised. Credit risk score 45/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Limited indicators at present. Growth score 45/100, margin trends, ownership structure and peer set for Verare Technologies - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Caution indicated. Trust score 27/100, distress signals and MSME payment-delay disclosures - know whether Verare Technologies pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (no cases on record), regulatory flags, charge documents trail and director networks for Verare Technologies - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Verare Technologies an active company?

Verare Technologies has MCA status “Strike Off” with a compliance score of 10/100 (Caution Indicated).

Is Verare Technologies financially healthy?

Verare Technologies has a Financial Health Score of 5/100 (Caution Indicated) based on its filed financial statements.

Should I do business with Verare Technologies?

Its overall Trust Score is 27/100 (Caution Indicated). Vendor verdict: Caution indicated. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Verare Technologies?

Promoters hold a dominant controlling stake - exact percentages are in the full report. 2 active director(s) are on record.

Does Verare Technologies have loans or charges against its assets?

No charges are registered against this company - an unencumbered balance sheet.

Is Verare Technologies up to date with its ROC filings?

Marked ACTIVE non-compliant (INC-22A). Overall compliance score: 10/100 (Caution Indicated).

Is it risky to lend to Verare Technologies?

Its Credit Risk Score is 45/100 (Caution Indicated). Banker verdict: Enhanced diligence advised.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.