
About Verifast Technologies India Private Limited
Data last updated:
Verifast Technologies India Private Limited is a foreign private limited company based in Ahmedabad, Gujarat, India. It operates in the computer repair segment of the electronics sector. It was incorporated on 12 December 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72501GJ2017FTC140775. Its GSTIN is 24AAGCV2076G1ZD (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Dhairya Amit Shah and Riddhi Amit Shah.
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 Ahmedabad, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.97 Cr, a growth of 89% compared to the previous year. For the same year it recorded a net profit of ₹26.33 Lakh (net margin 5.3%) and EBITDA of ₹46.39 Lakh (EBITDA margin 9.3%). Revenue has grown at a compounded annual rate (CAGR) of 110% over three years and 97% over five years.
The company has about 17 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Verifasttech.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website verifasttech.com.
Company details
CIN history
Verifast Technologies India has one previous CIN (Corporate Identification Number): U72501TN2017FTC119947. The current CIN is U72501GJ2017FTC140775, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72501GJ2017FTC140775 | Current |
| U72501TN2017FTC119947 | Previous |
Contact details
Verifast Technologies India Private Limited's registered office is in Ahmedabad, Gujarat. Its website is verifasttech.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address301 Suparshaw Residansi Tp No. 22 Fp No. 136 Plot No. 12, Nr. Chandranagar Society Panama Soc. P.T.College Road Paldi, Ahmedabad, Gujarat, India – 380007
- IndustryElectrnoics, Computer Repair, Maintenance And Repair Of Computing Machinery
To see the full contact details of Verifast Technologies India 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
Brands
Verifast Technologies India operates one associated brand: Verifasttech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers training and consulting in ASIC, FPGA verification and software development. | verifasttech.com |
Business activity
The main business activity of Verifast Technologies India is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Verifast Technologies India Private Limited, buy the company report.
Financials of Verifast Technologies India Private Limited
FY 2025 filings availableVerifast Technologies India Private Limited reported revenue of ₹4.97 Cr (up 89% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 97% over five years, including 89% growth in the latest year. EBITDA rose 930% 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
| 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 | ₹46.39 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹26.33 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.3% | ||||
| Net Profit Margin | 5.3% | ||||
| 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 | |||||
To see the full financial statements and ratios of Verifast Technologies India Private Limited, buy the company report.
Board of directors of Verifast Technologies India Private Limited
Verifast Technologies India has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dhairya Amit Shah | Director | 20 Sep 2025 | 1 Years 1 Months | Current |
| Riddhi Amit Shah | Director | 30 Mar 2018 | 8 Years 7 Months | Current |
Legal cases
No court or tribunal cases involving Verifast Technologies India 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 Verifast Technologies India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Verifast Technologies India Private Limited has a workforce of 17 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Verifast Technologies India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCV2076G1ZD | Gujarat | Active | 10 Dec 2018 |
To see the full GST registrations and return filing status of Verifast Technologies India Private Limited, buy the company report.
Recent activity
Verifast Technologies India Private Limited has 5 board changes on record since 2018: 2 appointments and 3 cessations. The latest: Palakkumar Shah Mukeshbhai ceased to be Director on 22 Sep 2025.
Frequently asked questions
Verifast Technologies India is an active foreign private limited company based in Ahmedabad, Gujarat, India. The company works in computer repair, within the electronics industry. It was incorporated on 12 December 2017 (9+ years old) and is registered under CIN U72501GJ2017FTC140775.
Verifast Technologies India has 2 current directors:
- Dhairya Amit Shah - Director
- Riddhi Amit Shah - Director
The latest financial statements of Verifast Technologies India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Verifast Technologies India is 24AAGCV2076G1ZD, registered in Gujarat.
The CIN (Corporate Identification Number) of Verifast Technologies India is U72501GJ2017FTC140775. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Verifast Technologies India was incorporated on 12 December 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Palakkumar Shah Mukeshbhai ceased to be Director on 22 Sep 2025. Dhairya Amit Shah was appointed as Director on 20 Sep 2025. Jayaraman Singikulam Krishnamurthi ceased to be Director on 31 Mar 2018. Verifast Technologies India has 5 board changes on record in total.
Verifast Technologies India can be reached through the website verifasttech.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Verifast Technologies India is at 301 Suparshaw Residansi Tp No. 22 Fp No. 136 Plot No. 12, Nr. Chandranagar Society Panama Soc. P.T.College Road Paldi, Ahmedabad, Gujarat, India – 380007.
Verifast Technologies India operates in the electronics industry, in the computer repair segment.

