About Veracity Software Private Limited
Data last updated:
Veracity Software Private Limited is a private limited company based in Bhadgaon, Maharashtra, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 30 April 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2010PTC202586. Its GSTIN is 27AADCV2855L1ZW (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Yuvraj Dhondu Suryavanshi and Bhimrao Dhondu Suryawanshi.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Shop No. 1 – 6 12 – 24 & 32 – 35 Gat No. 572/2A/2/2B Plot No. 13 & 14 Tongaon, Bhadgaon, Maharashtra, India – 424105.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.15 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹50.75 Lakh (net margin 7.1%) and EBITDA of ₹77.83 Lakh (EBITDA margin 10.9%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years and 17% over five years.
The company has about 41 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website veracity-us.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressShop No. 1 – 6 12 – 24 & 32 – 35 Gat No. 572/2A/2/2B Plot No. 13 & 14 Tongaon, Bhadgaon, Maharashtra, India – 424105
- IndustryInformation Technology, IT Consulting & Support Services
- 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 Veracity Software Private Limited
The main business activity of Veracity Software is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related 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 Veracity Software Private Limited FY 2025 filings available
Veracity Software Private Limited reported revenue of ₹7.15 Cr (down 2% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Veracity Software Private Limited
Revenue fell 2% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 17%. EBITDA fell 24% 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 Veracity Software 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 | ₹77.83 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹50.75 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 Veracity Software Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 7.1% | •••• | •••• | •••• | •••• |
| 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 Veracity Software are in the company report.
Financial statements from 2015
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 Veracity Software Private Limited
Veracity Software Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tekroi Private Limited | ₹7.15 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Hyderabad, Telangana, India |
| Locksworth India Private Limited | ₹7.15 Cr (FY 2025) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Evrig Solutions Private Limited | ₹7.15 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Ahmedabad, Gujarat, India |
| Icomm Technologies Private Limited | ₹7.15 Cr (FY 2024) | •••• | •••• | 0.0% | •••• | Chennai, Tamil Nadu, India |
| Infolink Consultancy Services Private Limited | ₹7.15 Cr (FY 2025) | •••• | •••• | -26.0% | •••• | Lucknow, Uttar Pradesh, India |
| Veracity Software Private Limited this company | ₹7.15 Cr (FY 2024) | •••• | •••• | -2.0% | •••• | Bhadgaon, Maharashtra, India |
| Thynksight Technologies Private Limited | ₹7.14 Cr (FY 2025) | •••• | •••• | 42.0% | •••• | Pune, Maharashtra, India |
| Equippp Social Impact Technologies Limited Listed | ₹7.14 Cr (FY 2025) | •••• | •••• | 281.0% | •••• | Hyderabad, Telangana, India |
| Dtech Information Technology and Outsourcing Private Limited | ₹7.14 Cr (FY 2025) | •••• | •••• | 53.0% | •••• | Thrissur, Kerala, India |
| Spryiq Technologies Private Limited | ₹7.14 Cr (FY 2025) | •••• | •••• | -28.0% | •••• | Pune, Maharashtra, India |
| Itech Series Private Limited | ₹7.14 Cr (FY 2024) | •••• | •••• | 10.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Veracity Software by revenue in the same principal business activity (Computer programming, consultancy and related activities), 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 Veracity Software Private Limited
Veracity Software Private Limited is audited by D P SHEWALE & CO LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| D P SHEWALE & CO LLP | 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 Veracity Software Private Limited
Veracity Software has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yuvraj Dhondu Suryavanshi Also directs: Veracity IT Solutions Private Limited, Spti Private Limited | Director | 30 Apr 2010 | 16 Years 5 Months | Current |
| Bhimrao Dhondu Suryawanshi | Director | 30 Apr 2010 | 16 Years 5 Months | Current |
Ownership and Shareholding of Veracity Software 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 Veracity Software Private Limited
Veracity Software Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Veracity Software Private Limited
Veracity Software Private Limited has a workforce of 41 employees as of Apr 03, 2024.
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 Veracity Software Private Limited
Veracity Software Private Limited has 2 board changes on record since 2010: 2 appointments. The latest: Bhimrao Dhondu Suryawanshi was appointed as Director on 30 Apr 2010.
Credit Ratings, Litigation & Regulatory Alerts for Veracity Software 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 Veracity Software 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 Veracity Software 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 Veracity Software Private Limited
Veracity Software has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCV2855L1ZW | Maharashtra | Active | 01 Jul 2017 |
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 Veracity Software 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 Veracity Software Private Limited
Veracity Software is an active private limited company based in Bhadgaon, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 30 April 2010 (16+ years old) and is registered under CIN U72900MH2010PTC202586.
Veracity Software reported revenue of ₹7.15 Cr for FY 2024 (down 2% YoY).
Veracity Software has 2 current directors:
- Yuvraj Dhondu Suryavanshi - Director
- Bhimrao Dhondu Suryawanshi - Director
Veracity Software reported a net profit of ₹50.75 Lakh (net margin 7.1%) and EBITDA of ₹77.83 Lakh (EBITDA margin 10.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Veracity Software is 33% over three years and 17% over five years. In the latest year (FY 2024) revenue fell 2%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Veracity Software is 27AADCV2855L1ZW, registered in Maharashtra.
The CIN (Corporate Identification Number) of Veracity Software is U72900MH2010PTC202586. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Veracity Software was incorporated on 30 April 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Veracity Software by revenue are Tekroi Private Limited, Locksworth India Private Limited, Evrig Solutions Private Limited, Icomm Technologies Private Limited, Infolink Consultancy Services Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Bhimrao Dhondu Suryawanshi was appointed as Director on 30 Apr 2010. Yuvraj Dhondu Suryavanshi was appointed as Director on 30 Apr 2010.
Veracity Software can be reached through the website veracity-us.com. Its registered office is in Bhadgaon, Maharashtra, India.