About Genveritas Technologies Private Limited
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Genveritas Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 26 July 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74140KA2019PTC126569. Its GSTIN is 29AAHCG9227D1ZG (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Anilakumar Sharanappagouda Merakh and Mahesh Kumar Jha.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at #16 Jumbosavari Dinne, Bangalore, Karnataka, India – 560076.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.97 Lakh, a decline of 30% compared to the previous year. For the same year it recorded a net profit of ₹5,603 (net margin 0.9%) and EBITDA of ₹5,863 (EBITDA margin 1%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years.
The company is associated with 1 brand: Genveritas.
For more details, the company can be reached via its website genveritas.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address#16 Jumbosavari Dinne, Bangalore, Karnataka, India – 560076
- IndustryBusiness Outsourcing, Business & IT Consulting
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Business Activity of Genveritas Technologies Private Limited
The main business activity of Genveritas Technologies is professional, scientific and technical. In detail, this covers management consultancy activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Genveritas Technologies Private Limited FY 2024 filings available
Genveritas Technologies Private Limited reported revenue of ₹5.97 Lakh (down 30% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Genveritas Technologies Private Limited
Revenue fell 30% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 15%. EBITDA rose 304% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Genveritas Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹5,863 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹5,603 | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Genveritas Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.9% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Genveritas Technologies are in the company report.
Financial statements from FY 2020
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Genveritas Technologies Private Limited
Genveritas Technologies Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (Consulting Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jci Project Solutions Private Limited | ₹5.98 Lakh (FY 2025) | •••• | •••• | -91.0% | •••• | Bhopal, Madhya Pradesh, India |
| Profserv BPO and Consultancy Private Limited | ₹5.98 Lakh (FY 2023) | •••• | •••• | 23.0% | •••• | Bangalore, Karnataka, India |
| Tripura Promoters Private Limited | ₹5.98 Lakh (FY 2024) | •••• | •••• | -36.0% | •••• | Tripura, India |
| Soldpoint System (OPC) Private Limited | ₹5.98 Lakh (FY 2021) | •••• | •••• | •••• | Nagpur, Maharashtra, India | |
| Aj International Business Advisory Private Limited | ₹5.97 Lakh (FY 2024) | •••• | •••• | 869.0% | •••• | Mumbai, Maharashtra, India |
| Genveritas Technologies Private Limited this company | ₹5.97 Lakh (FY 2024) | •••• | •••• | -30.0% | •••• | Bangalore, Karnataka, India |
| Urbancity Smart Solutions (OPC) Private Limited | ₹5.97 Lakh (FY 2025) | •••• | •••• | -53.0% | •••• | Thane, Maharashtra, India |
| DPN Marine Services Private Limited | ₹5.97 Lakh (FY 2023) | •••• | •••• | -81.0% | •••• | New Delhi, Delhi, India |
| Reqpro Consulting Services Private Limited | ₹5.97 Lakh (FY 2024) | •••• | •••• | -3.0% | •••• | Noida, Uttar Pradesh, India |
| Zee Marketing (Guj ) Private Limited | ₹5.96 Lakh (FY 2025) | •••• | •••• | 8.0% | •••• | Amedabad, Gujarat, India |
| Captin Fintech Private Limited | ₹5.96 Lakh (FY 2024) | •••• | •••• | -11.0% | •••• | Jaipur, Rajasthan, India |
Peers are the five companies nearest above and the five nearest below Genveritas Technologies by revenue in the Outsourcing industry (Consulting Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Genveritas Technologies Private Limited
Genveritas Technologies Private Limited is audited by S L R & Associates for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S L R & Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Genveritas Technologies Private Limited
Genveritas Technologies has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anilakumar Sharanappagouda Merakh | Director | 26 Jul 2019 | 7 Years 2 Months | Current |
| Mahesh Kumar Jha Also directs: Aavya Innovations Private Limited | Director | 26 Jul 2019 | 7 Years 2 Months | Current |
Ownership and Shareholding of Genveritas Technologies Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Genveritas Technologies Private Limited
Genveritas Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Genveritas Technologies Private Limited
Genveritas Technologies operates one associated brand: Genveritas. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| ISO certification consulting and management systems services globally. | genveritas.in |
Employees and EPFO Compliance at Genveritas Technologies Private Limited
Employment history and EPFO contributions of people linked to Genveritas Technologies.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Genveritas Technologies Private Limited
Genveritas Technologies Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Anilakumar Sharanappagouda Merakh was appointed as Director on 26 Jul 2019.
Credit Ratings, Litigation & Regulatory Alerts for Genveritas Technologies Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Genveritas Technologies Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Genveritas Technologies Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Genveritas Technologies Private Limited
Genveritas Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCG9227D1ZG | Karnataka | Active | 02 Aug 2019 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Genveritas Technologies Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Genveritas Technologies Private Limited
Genveritas Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 26 July 2019 (7+ years old) and is registered under CIN U74140KA2019PTC126569.
Genveritas Technologies reported revenue of ₹5.97 Lakh for FY 2024 (down 30% YoY).
Genveritas Technologies has 2 current directors:
- Anilakumar Sharanappagouda Merakh - Director
- Mahesh Kumar Jha - Director
Genveritas Technologies reported a net profit of ₹5,603 (net margin 0.9%) and EBITDA of ₹5,863 (EBITDA margin 1%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Genveritas Technologies is 15% over three years. In the latest year (FY 2024) revenue fell 30%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Genveritas Technologies is 29AAHCG9227D1ZG, registered in Karnataka.
The CIN (Corporate Identification Number) of Genveritas Technologies is U74140KA2019PTC126569. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Genveritas Technologies was incorporated on 26 July 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Genveritas Technologies by revenue are Jci Project Solutions Private Limited, Profserv BPO and Consultancy Private Limited, Tripura Promoters Private Limited, Soldpoint System (OPC) Private Limited, Aj International Business Advisory Private Limited and 5 more, all in the Outsourcing industry (Consulting Services).
Anilakumar Sharanappagouda Merakh was appointed as Director on 26 Jul 2019. Mahesh Kumar Jha was appointed as Director on 26 Jul 2019.
Yes, Genveritas Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).