Vera IT Solutions Private Limited

Vera IT Solutions Private Limited - information technology in Hyderabad, Telangana, India. FY 2026 financials & compliance.
CIN U72900TG2019PTC132025 Incorporated 11 April 2019 ROC Hyderabad HQ Hyderabad, Telangana, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2024
₹20.06 Lakh
▲ 22% YoY
Net loss · FY 2024
₹1.55 Lakh
Net margin -7.7%
EBITDA · FY 2024
-₹78,350
EBITDA margin -3.9%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
GST registrations
1
None active

About Vera IT Solutions Private Limited

Data last updated:

Vera IT Solutions Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 11 April 2019 and has been in existence for over 7 years.

The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72900TG2019PTC132025. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Raghunath Rao Verabelli and Sravanthi Polsani.

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 Villa No. 143 Palmmeawods Gundlapochampally Kompally, Hyderabad, Telangana, India – 500014.

As per the financials filed for FY 2024, the company reported a revenue of ₹20.06 Lakh, a growth of 22% compared to the previous year. For the same year it recorded a net loss of ₹1.55 Lakh (net margin -7.7%) and EBITDA of -₹78,350 (EBITDA margin -3.9%).

Court records list 1 case involving the company, including 1 filed by the company.

Company Details of Vera IT Solutions Private Limited
CIN U72900TG2019PTC132025
Registration Number 132025
Incorporation Date 11 April 2019
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    Villa No. 143 Palmmeawods Gundlapochampally Kompally, Hyderabad, Telangana, India – 500014
  • Industry
    Information Technology, IT Consulting & Support Services, IT Products Retail & Distribution
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Financials, compliance, directors, charges, ownership and filings for Vera IT Solutions Private Limited in one report.

Financials from FY 2020 Directors & ownership Charges & compliance

Business Activity of Vera IT Solutions Private Limited

The main business activity of Vera IT Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
JInformation and communicationJ6Computer programming, consultancy and related activitiesLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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Financials of Vera IT Solutions Private Limited FY 2024 filings available

Vera IT Solutions Private Limited reported revenue of ₹20.06 Lakh (up 22% YoY) for FY 2024.

Revenue · FY 2024
₹20.06 Lakh ▲ 22%
Net loss · FY 2024
₹1.55 Lakh margin -7.7%
EBITDA · FY 2024
-₹78,350 margin -3.9%

Compounded Annual Growth Rate (CAGR) of Vera IT Solutions Private Limited

Revenue CAGR growth
1 year
▲ 22%
EBITDA CAGR growth
1 year
▲ 72%
3 years · compounded
▼ 28%

Revenue rose 22% in the latest year. EBITDA rose 72% 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 Vera IT Solutions Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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-₹78,350••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)-₹1.55 Lakh••••••••••••••••
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 Vera IT Solutions Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin-3.9%••••••••••••••••
Net Profit Margin-7.7%••••••••••••••••
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 Vera IT Solutions are in the company report.

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Financial statements from FY 2020

Earlier years and trend charts are in the company report.

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Peer Comparison of Vera IT Solutions Private Limited

Vera IT Solutions Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Consulting and Services, IT Products Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Seecog Softwares Private Limited₹20.13 Lakh (FY 2024)••••••••16.0%••••Hatia, Jharkhand, India
Softpro Webtech Private Limited₹20.11 Lakh (FY 2024)••••••••-3.0%••••New Delhi, Delhi, India
SNV Elite Solutions (OPC) Private Limited₹20.1 Lakh (FY 2025)••••••••45.0%••••Udaipur, Rajasthan, India
Ravenic Techmedia Private Limited₹20.09 Lakh (FY 2024)••••••••60.0%••••Mumbai, Maharashtra, India
G Net Computech Private Limited₹20.08 Lakh (FY 2024)••••••••-76.0%••••Delhi, India
Vera IT Solutions Private Limited this company₹20.06 Lakh (FY 2024)••••••••22.0%••••Hyderabad, Telangana, India
Super Electrocomp Private Limited₹20.05 Lakh (FY 2025)••••••••4148.0%••••New Delhi, Delhi, India
Satabadi Computer Private Limited₹20.04 Lakh (FY 2024)••••••••1.0%••••Kolkata, West Bengal, India
Valsquare Consultancy Services Private Limited₹20.03 Lakh (FY 2024)••••••••-49.0%••••Hyderabad, Telangana, India
Asha Information Technologies Private Limited₹20.03 Lakh (FY 2025)••••••••0.0%••••New Delhi, Delhi, India
Tarana Infosoft Private Limited₹20.03 Lakh (FY 2025)••••••••8.0%••••New Delhi, Delhi, India

Peers are the five companies nearest above and the five nearest below Vera IT Solutions by revenue in the Information Technology industry (IT Consulting and Services, IT Products Retail and Distribution), 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 Vera IT Solutions Private Limited

Vera IT Solutions Private Limited is audited by BHANU MURALI & CO for the financial year 2022.

NameStatusAppointment DateCessation Date
BHANU MURALI & COLockedLockedLocked
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Board of Directors of Vera IT Solutions Private Limited

Vera IT Solutions has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Raghunath Rao VerabelliDirector11 Apr 20197 Years 6 MonthsCurrent
Sravanthi PolsaniDirector11 Apr 20197 Years 6 MonthsCurrent

Ownership and Shareholding of Vera IT Solutions Private Limited

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Charges & Borrowings of Vera IT Solutions Private Limited

Vera IT Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.

Employees and EPFO Compliance at Vera IT Solutions Private Limited

Employment history and EPFO contributions of people linked to Vera IT Solutions.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Vera IT Solutions Private Limited

Vera IT Solutions Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Raghunath Rao Verabelli was appointed as Director on 11 Apr 2019.

AGM
Vera It Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Vera It Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
Appointed
Raghunath Rao Verabelli was appointed as Director.
Appointed
Sravanthi Polsani was appointed as Director.
Incorporation
11 Apr 2019
Vera It Solutions Private Limited was registered on 11 Apr 2019 with Roc Hyderabad & aged 7 years 6 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Vera IT Solutions Private Limited

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MSME Payment Delays by Vera IT Solutions Private Limited

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Subsidiaries & Group Companies of Vera IT Solutions Private Limited

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Corporate group structure

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GST Compliance of Vera IT Solutions Private Limited

Vera IT Solutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Vera IT Solutions Private Limited

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Frequently Asked Questions about Vera IT Solutions Private Limited

Vera IT Solutions is an active private limited company based in Hyderabad, Telangana, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 11 April 2019 (7+ years old) and is registered under CIN U72900TG2019PTC132025.

Vera IT Solutions reported revenue of ₹20.06 Lakh for FY 2024 (up 22% YoY).

Vera IT Solutions has 2 current directors:

Vera IT Solutions reported a net loss of ₹1.55 Lakh (net margin -7.7%) and EBITDA of -₹78,350 (EBITDA margin -3.9%) for FY 2024, as per its filed financial statements.

No. Vera IT Solutions has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of Vera IT Solutions is U72900TG2019PTC132025. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Vera IT Solutions has 1 court case on record: 1 filed by the company.

Vera IT Solutions was incorporated on 11 April 2019, making it 7+ years old. It is registered with the Registrar of Companies, Hyderabad.

The peers of Vera IT Solutions by revenue are Seecog Softwares Private Limited, Softpro Webtech Private Limited, SNV Elite Solutions (OPC) Private Limited, Ravenic Techmedia Private Limited, G Net Computech Private Limited and 5 more, all in the Information Technology industry (IT Consulting and Services, IT Products Retail and Distribution).

Raghunath Rao Verabelli was appointed as Director on 11 Apr 2019. Sravanthi Polsani was appointed as Director on 11 Apr 2019.

The registered office of Vera IT Solutions is at Villa No. 143 Palmmeawods Gundlapochampally Kompally, Hyderabad, Telangana, India – 500014.

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