Veriedge Technologies Private Limited
About Veriedge Technologies Private Limited
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Veriedge Technologies Private Limited was a private limited company based in Hyderabad, Telangana, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the software development and support services segment of the technology and IT services sector. It was incorporated on 03 January 2014.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72900TG2014PTC092137. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was led by directors Srinivasa Rao Gaddipati and Sri Lakshmi Gaddipati.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at Hyderabad, Telangana.
As per the financials filed for FY 2020, the company reported a revenue of ₹6.94 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹10.03 Lakh (net margin -144.6%) and EBITDA of -₹16.64 Lakh (EBITDA margin -239.9%). Revenue has declined at a compounded annual rate (CAGR) of 38% over three years.
Company details
CIN history
Veriedge Technologies has one previous CIN (Corporate Identification Number): U72900AP2014PTC092137. The current CIN is U72900TG2014PTC092137, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72900TG2014PTC092137 | Current |
| U72900AP2014PTC092137 | Previous |
Contact details
Veriedge Technologies Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address is in the company report.
- Email
- Registered AddressFlat No. 701 8 – 3 – 940 And 8 – 3 – 940/A To E Tirumala Shah Residency Yellareddy Guda, Ameerpet, Hyderabad, Telangana, India – 500073
- IndustryInformation Technology, Software Development & Support Services
To see the full contact details of Veriedge Technologies Private Limited, buy the company report.
- 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
Business activity
The main business activity of Veriedge Technologies is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
Financials of Veriedge Technologies Private Limited
FY 2022 filings availableVeriedge Technologies Private Limited reported revenue of ₹6.94 Lakh (up 207% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue rose 207% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 38%. 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
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹6.94 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹16.64 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹10.03 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -239.9% | ||||
| Net Profit Margin | -144.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Veriedge Technologies Private Limited, buy the company report.
Board of directors of Veriedge Technologies Private Limited
Veriedge Technologies has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Srinivasa Rao Gaddipati Also directs: Likhitha Infrastructure Limited, Likhitha Renewable Energy Private Limited, Likhitha Green Energy Private Limited and 1 more | Director | 03 Jan 2014 | 12 Years 10 Months | As last reported |
| Sri Lakshmi Gaddipati Also directs: Likhitha Infrastructure Limited, GSR Ujwala Foundation | Director | 03 Jan 2014 | 12 Years 10 Months | As last reported |
Auditor
Veriedge Technologies Private Limited is audited by SIVA KRISHNA & NARAYAN for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SIVA KRISHNA & NARAYAN | FY 2020 | 003883S |
Shareholding
The shareholding of Veriedge Technologies Private Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Veriedge Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Veriedge Technologies Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Veriedge Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Veriedge Technologies has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Veriedge Technologies Private Limited, buy the company report.
Recent activity
Veriedge Technologies Private Limited has 2 board changes on record since 2014: 2 appointments. The latest: Sri Lakshmi Gaddipati was appointed as Director on 03 Jan 2014.
Frequently asked questions
Veriedge Technologies has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Veriedge Technologies was a private limited company based in Hyderabad, Telangana, India. The company worked in software development and support services, within the information technology industry. It was incorporated on 03 January 2014 and is registered under CIN U72900TG2014PTC092137. The company has been struck off by the Registrar of Companies and is no longer operational.
Veriedge Technologies had 2 directors:
- Srinivasa Rao Gaddipati - Director
- Sri Lakshmi Gaddipati - Director
The CIN (Corporate Identification Number) of Veriedge Technologies is U72900TG2014PTC092137. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Veriedge Technologies is at Flat No. 701 8 – 3 – 940 And 8 – 3 – 940A To E Tirumala Shah Residency Yellareddy Guda, Ameerpet, Hyderabad, Telangana, India – 500073.
Veriedge Technologies was incorporated on 03 January 2014. It is registered with the Registrar of Companies, Hyderabad.
The latest financial statements of Veriedge Technologies on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
No. Veriedge Technologies has 1 GST registration on record and it is cancelled or inactive.
Veriedge Technologies operated in the information technology industry, in the software development and support services segment. It worked in this industry before it was struck off.
Sri Lakshmi Gaddipati was appointed as Director on 03 Jan 2014. Srinivasa Rao Gaddipati was appointed as Director on 03 Jan 2014.
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