Verity Technologies Private Limited - Company overview

Veritytech is an MCA-registered Indian company: a Private Limited Indian Non-Government Company (CIN U72300KA1997PTC022419). Business overvi…

1997-06-23 Bengaluru, Karnataka Active Unlisted Active Non-Compliant
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VT Verity Technologies Private Limited

Key Metrics

AUTHORISED CAPITAL
5.50 cr
PAID-UP CAPITAL
4.02 cr
COMPANY AGE
28 Years 10 Months
since 1997-06-23
LAST FILING WITH ROC
2024-03-31
Last AGM: 2024-09-30
OPEN CHARGES
2
4.50 cr
SATISFIED CHARGES
-
-
REVENUE
PROFIT / LOSS
EBITDA
NET WORTH
View More ⌄
TOTAL ASSETS
TOTAL MONEY RAISED
ACTIVE GST
-
Updated: 2025-01-14 16:08:04

About Veritytech

Veritytech is an MCA-registered Indian company: a Private Limited Indian Non-Government Company (CIN U72300KA1997PTC022419). Business overview includes Information Technology (Application Development & Software Solutions), incorporated on June 23, 1997 (29+ years old), headquartered in Bengaluru, Karnataka, India. The company is currently Active with Active Non-Compliant compliance status. It has 2 active directors.

Application Development & Software Solutions
  • Location No. 943, Ground Floor, 11Th Main, Hal 2Nd Stage, Indiranagar,, Bengaluru, Karnataka - 560008
CIN / LLPINU72300KA1997PTC022419
Company No.022419
ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date1997-06-23
Date of AGM2024-09-30
Date of Balance Sheet2024-03-31
Listing StatusUnlisted
ROC CodeRoc Bangalore
PAN
LEI Number
Active ComplianceActive Non-Compliant

Financial Performance of Veritytech

Revenue Over The Year
2019 · 2020 · 2021 · 2022 · 2023 · 2024 · 2025
Growth (7 Year) ▲ 38.3% Growth (3 Year) ▼ -9.9%
Profit/Loss Over The Year
2019 · 2020 · 2021 · 2022 · 2023 · 2024 · 2025
Growth (7 Year) ▼ 65.1% Growth (3 Year) ▼ 60.7%
Values are in Mixed (K, L, Cr)
Metrics FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019
Revenue 2,20,083.04 cr2,35,431.21 cr2,51,890.00 cr2,18,400.00 cr1,95,200.00 cr1,72,000.00 cr1,59,000.00 cr
Profit/Loss 13,969.70 cr 4,810.00 cr 12,200.00 cr 9,100.00 cr -8,200.00 cr 3,200.00 cr 5,100.00 cr
Cash & Bank Balance 38,200.00 cr35,100.00 cr32,000.00 cr28,500.00 cr25,200.00 cr22,000.00 cr19,800.00 cr
Net Worth 1,26,731.94 cr1,37,500.00 cr1,40,200.00 cr1,28,000.00 cr1,15,000.00 cr1,02,000.00 cr95,000.00 cr
EBITDA 27,865.49 cr29,800.00 cr30,200.00 cr27,000.00 cr24,500.00 cr22,000.00 cr20,100.00 cr

Financial Ratios

■ Revenue ■ P/L ■ EBITDA

Values in Crores (Cr) - illustrative trend

FY 2021 - FY 2025
Key Insights (FY 2025)
Revenue2,20,083.04 cr ▼ 6.5%
Profit/Loss13,969.70 cr ▲ 190.6%
EBITDA27,865.49 cr
Net Profit Margin10.54%
Debt/Equity0.47
Current Ratio0.88
Return on Equity12.3%
Ratio FY 2025FY 2024FY 2023FY 2022FY 2021
Net Profit Margin10.543.202.101.800.50
Debt to EBITDA2.141.901.701.501.20
Interest Coverage Ratio0.470.500.450.400.35
Debt to Equity0.880.900.850.800.75
Return on Equity12.103.002.001.500.20
Current Ratio1.201.151.101.050.99
Quick Ratio0.950.920.880.850.80
EBITDA Margin12.0010.008.007.005.00
Return on Capital Employed8.002.001.000.200.00
Earning Per Share4.000.000.000.000.00

Shareholding Pattern

Shareholding Pattern (FY 2025)
  • Promoters 33.19%
  • DII 23.22%
  • FII 18.28%
  • Public 22.89%
  • Others 2.42%
Shareholding Pattern over the Year
Category 20252024202320222021
Promoters33.19%33.50%33.80%34.00%34.41%
DII23.22%22.90%22.50%22.10%21.80%
FII18.28%18.00%17.60%17.20%16.90%
Public22.89%23.10%23.50%24.00%24.20%
Others2.42%2.50%2.60%2.70%2.69%
Subsidiaries Company (6)
TAYO ROLLS LIMITED
54.91% held
THE TATA PIGMENTS LIMITED
100% held
CERAMAT PRIVATE LIMITED
90% held
BHUSHAN STEEL (SOUTH) LIMITED
100% held
NEELACHAL ISPAT NIGAM LTD
99.68% held
TATA STEEL DOWNSTREAM PRODUCTS LIMITED
100% held

EPFO Establishments (1)

MRNOI0019835000 Closed/All Member Excluded
StatusCode No Allotted Was Before Online Registration Started.
ActivityPaper
StateUttar Pradesh
Coverage07-JUN-1995

Current Directors (2)

A
ANURADHA BANSAL
Managing Director | Since 1997-06-23
S
SANJAY BANSAL
Director | Since 2011-09-07

Charges Overview

Technology Development Board : 4.40 cr
H D F C Bank Limited : 10.00 Lakh
Open Charges: 2 Satisfied Charges: 0
Open 4.50 cr
Satisfied 0
LenderAmountStatus
Technology Development Board
Creation Date: 13 Aug 2007
 4.40 cr Open
H D F C Bank Limited
Creation Date: 28 Aug 2006
 10.00 Lakh Open

Business Activity

Activity GroupDescriptionTurnover %
Information and communication-0.00000000

Flagged By Authority

Regulatory and exchange flags (preview)

Frequently Asked Questions about Veritytech
What is CIN of Veritytech?
The Corporate Identification Number (CIN) for Veritytech is U72300KA1997PTC022419. CIN is a distinct identification code allotted by the Registrar of Companies (ROC) under the Ministry of Corporate Affairs (MCA). The company registration number is 022419 as per MCA.
When was Veritytech incorporated?
Veritytech was incorporated 28 years 10 months ago on 23 Jun 1997.
What is paid-up capital and authorised share capital of Veritytech?
The paid-up capital of Veritytech is ₹ 40,222,420.00 and authorised share capital is ₹ 55,000,000.00.
Who are the current board members and directors of Veritytech?
Currently 2 directors are associated with Veritytech: Anuradha Bansal, Sanjay Bansal.
  • Anuradha Bansal
  • Sanjay Bansal
What is the registered address of Veritytech?
As per Ministry of Corporate Affairs (MCA), the registered address of Veritytech is No. 943, Ground Floor, 11Th Main, Hal 2Nd Stage, Indiranagar,, Bengaluru, Karnataka, 560008, India.
What is the ROC code of Veritytech?
Veritytech ROC code is Roc Bangalore.
What is the company classification of Veritytech?
Veritytech is classified as Private Limited Indian Non-Government Company.
Veritytech - is it listed or unlisted?
Veritytech is a Unlisted company.
What is the current status of Veritytech?
Veritytech is currently Active and registered in Bengaluru, Karnataka, India.
What industry or business activity is Veritytech associated with?
Veritytech lists activity aligned with: Information Technology - Application Development & Software Solutions - Information and communication. See the Overview and Competition sections for fuller industry context.
Where can I see charges and lenders for Veritytech?
Use the Charges tab for MCA charge filings, charge holders, and open versus satisfied charges for Veritytech.
What is the turnover or revenue of Veritytech?
Turnover and revenue appear in filed financial statements when available. Open the Financial tab on this profile for revenue, profit or loss, balance sheet metrics, and related MCA filings - not headline estimates.
How can I get the financial details of Veritytech?
You can view revenue, profit or loss, balance sheet metrics, and related filings on the Financial tab of this company profile.
What is the net worth of Veritytech (last filed snapshot)?
As per the latest financial snapshot on file for FY 2023, net worth is about ₹ -1.60 Cr. Verify figures on the Financial tab and supporting filings.