Verinite Technologies Private Limited - Due diligence report

A 360° intelligence report on Verinite: trust score, financial health, credit view, compliance, directors, growth and distress signals - gen…

2011-06-01 Pune City, Maharashtra Active Unlisted Active Compliant
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VT Verinite Technologies Private Limited
Full Due-Diligence Report + Documents
  • Unlock all financial figures & 5-year trends
  • Full trust, health & credit-risk scores
  • Director details, charges & MCA documents
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Verinite — 360° Intelligence Report

Generated from MCA filings & public records
88/100
Trust Score
Low Risk

Verinite is assessed as Low Risk with a Trust Score of 88/100. Verinite is an active private limited indian non-government company incorporated in 2011, operating in the Information Technology sector. The company has shown revenue growth across its recent filed years. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a low compliance risk and low financial risk profile.

Report generated on 16 Jul 2026 from the latest processed filings. Verinite Technologies Private Limited snapshot & full profile →

Financial Health › Strong
Overall Assessment CautionWeakNeutralGoodStrong Strong
Compliance › Strong

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 ScoreLow Risk
88/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
100/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
90/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreLow Risk
85/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreModerate
55/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
85/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
80/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 5 filed year(s)

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

Get full access

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: 85/100 Low Risk
  • Liabilities ≈ 38% EBITDA - serviceable.
  • Working-capital cover adequate.
  • Profitable - internal accruals available.

Charges position: 2 open (3.64 cr) · 0 satisfied (-).

Banking relationships (from registered charges)
LenderChargesAmount
Hdfc Bank Limited2 48.0 cr
Compliance Score: 100/100 Low Risk
  • Company status is Active as per MCA.
  • Annual filings current (balance sheet Mar 2025).
  • 3 active GST registration(s).
05

Director Intelligence

Stability score: 55/100
NameDIN / PANDesignationAppointedTenureDIN status
ASHWIN RAMJAS 01234567 Director 01/04/2018 6 yrs Approved
PUNAM ASHISH KATKAR 01234567 Director 01/04/2018 6 yrs Approved
SALIL ANIL GOKHALE 01234567 Director 01/04/2018 6 yrs Approved
ASHISH AMRUTRAO KATKAR 01234567 Director 01/04/2018 6 yrs Approved
  • 4 directors on the board.
  • ASHWIN RAMJAS has DIN status "Deactivated due to non-filing of DIR-3 KYC".
  • Stable board - no exits in 3 years.
  • Average tenure above 5 years.
Director & KMP remuneration (FY 2023)
NameDesignationTotal remuneration
A K SharmaManaging Director2.4 cr
R MehtaWhole-time Director1.6 cr
S IyerCFO95.0 L

Remuneration is disclosed in the latest annual return. Unlock full report

06

Ownership & Group Intelligence

As per FY 2023 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
4 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 85 · Distress 80
Growth signals & trust indicators
Revenue acceleration: +1.42 over 4 year(s).
Latest year revenue grew 2.1x.
EPFO headcount growing - hiring signal.
Operating for 15+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Profit declined two years in a row.
2 open charge(s) registered - assets are encumbered.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence90/100
Favourable indicators
Suitability as a supplier / customer counterparty.
  • Statutory record is clean.
  • 1 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment90/100
Favourable lending indicators
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 2 open charge(s) of 3.64 cr already registered.
  • Compliance record supports lending.
Investor view88/100
Positive growth indicators
Growth quality and scalability through an investor lens.
  • 3 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management churn warrants questions.
09

MCA Filings & Events Timeline

Latest 15 events
30 Sep 2025
Last AGM held
Annual general meeting
31 Mar 2025
Latest balance sheet
Filed with ROC
04 Aug 2023
Charge created
Hdfc Bank Limited - 3.50 cr
31 Mar 2016
Share transfer (FY 2016)
20000.00000000 shares to Punam
28 Mar 2016
Securities allotted
74050 Equity Shares - 7.41 Lakh raised
30 Sep 2015
Director ceased
PUNAM ASHISH KATKAR
10 Jun 2015
Director appointed
PUNAM ASHISH KATKAR (Director)
Director ceased
AMRIT HANAMANTRAO KATKAR
23 Mar 2015
Charge created
Hdfc Bank Limited - 14.00 Lakh
30 Sep 2013
Director ceased
SALIL ANIL GOKHALE
29 Aug 2013
Securities allotted
38000.00 Equity Shares - 20.00 Lakh raised
01 Oct 2012
Director appointed
SALIL ANIL GOKHALE (Director)
21 Sep 2012
Securities allotted
74050.00 Equity Shares - 7.41 Lakh raised
15 Feb 2012
Securities allotted
190000.00 Equity Shares - 24.09 Lakh raised
01 Jun 2011
Incorporated
Registered with Roc Pune
10

Key Observations

Auto-generated from the data above
Revenue grew 24% over the last 4 financial year(s).
Net profit margin moved from 0.86 to 61%.
Net worth is positive.
Compliance record is strong - status, filings and flags are clean.
4 active director(s) / partner(s); review board churn before relying on management continuity.
3 active GST registration(s) indicate ongoing business operations.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a dominant controlling stake as per the FY 2023 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 4 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
B.A.G. Convergence Limited U22121DL2007PLC161935 New Delhi, Delhi, India
Neviton Softech Private Limited U72300KA2010PTC127671 Bangalore, Karnataka, India
Universal Services India Private Limited U74900HR2014FTC052022 Gurgaon, Haryana, India
Bayone Techno Advisors Private Limited U72900DL2018PTC330027 New Delhi, Delhi, India
Zomentum U72900TG2018FTC127877 Hyderabad, Telangana, India
50 Below U72300DL2015FTC288650 Delhi, Delhi, India
Gamooga U72200TG2011PTC072375 Hyderabad, Telangana, India
Consolidated Analytics Private Limited U72900TN2021FTC148251 Chennai, Tamil Nadu, India
12

Who Uses This Report

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

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

Company Secretaries (CS)

Track statutory health of Verinite: 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: Favourable lending indicators. Credit risk score 85/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Positive growth indicators. Growth score 85/100, margin trends, ownership structure and peer set for Verinite - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 88/100, distress signals and MSME payment-delay disclosures - know whether Verinite 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 Verinite - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Verinite an active company?

Verinite has MCA status “Active” with a compliance score of 100/100 (Low Risk).

Is Verinite financially healthy?

Verinite has a Financial Health Score of 90/100 (Low Risk) based on its filed financial statements.

Should I do business with Verinite?

Its overall Trust Score is 88/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Verinite?

Promoters hold a dominant controlling stake - exact percentages are in the full report. 4 active director(s) are on record.

Does Verinite have loans or charges against its assets?

2 open charge(s) are registered against its assets.

Is Verinite up to date with its ROC filings?

Annual filings current (balance sheet Mar 2025). Overall compliance score: 100/100 (Low Risk).

Is it risky to lend to Verinite?

Its Credit Risk Score is 85/100 (Low Risk). Banker verdict: Favourable lending indicators.

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.