About Verifworks Private Limited
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Verifworks Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the semiconductor products and services segment of the technology and IT services sector. It was incorporated on 16 August 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2016PTC095757. Its GSTIN is 29AAFCV6617E1Z5 (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Venkatesan Lakshmi and Ajeetha Kumari Venkatesan.
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 No 183/3 Sarjapur Road Dommasandra Village, Bangalore, Karnataka, India – 562125.
As per the financials filed for FY 2025, the company reported a revenue of ₹96.6 Lakh, a decline of 59% compared to the previous year. For the same year it recorded a net profit of ₹2.48 Lakh (net margin 2.6%) and EBITDA of ₹4.01 Lakh (EBITDA margin 4.1%). Revenue has declined at a compounded annual rate (CAGR) of 44% over three years and 7% over five years.
The company is associated with 1 brand: Verif Works.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website verifworks.com.
Company details
Contact details
Verifworks Private Limited's registered office is in Bangalore, Karnataka. Its website is verifworks.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo 183/3 Sarjapur Road Dommasandra Village, Bangalore, Karnataka, India – 562125
- IndustryInformation Technology, Semiconductor Products & Services
To see the full contact details of Verifworks 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
Verifworks operates one associated brand: Verif Works. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers comprehensive verification tools for electronics design. | verifworks.com |
Business activity
The main business activity of Verifworks is professional, scientific and technical activities. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, scientific and technical activities | 74 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Verifworks Private Limited, buy the company report.
Financials of Verifworks Private Limited
FY 2025 filings availableVerifworks Private Limited reported revenue of ₹96.6 Lakh (down 59% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 7% over five years, including a 59% fall in the latest year. EBITDA fell 77% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹4.01 Lakh | ||||
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| Net Profit (PAT) | ₹2.48 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 4.1% | ||||
| Net Profit Margin | 2.6% | ||||
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To see the full financial statements and ratios of Verifworks Private Limited, buy the company report.
Board of directors of Verifworks Private Limited
Verifworks has 5 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkatesan Lakshmi Also directs: Situtelage Private Limited | Director | 21 Feb 2024 | 2 Years 8 Months | Current |
| Ajeetha Kumari Venkatesan Also directs: Situtelage Private Limited | Director | 24 Jan 2025 | 1 Years 9 Months | Current |
| Venkatesan Kalpana Kumari | Director | 28 Mar 2022 | 4 Years 6 Months | Current |
| Govindasamy Venkatesan Also directs: Situtelage Private Limited | Director | 28 Mar 2022 | 4 Years 6 Months | Current |
| Venkataramanan Srinivasan | Director | 16 Aug 2016 | 10 Years 2 Months | Current |
Auditor
Verifworks Private Limited is audited by N NAVEENN AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N NAVEENN AND ASSOCIATES | FY 2023 | 013268S |
Shareholding
The shareholding of Verifworks Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Verifworks Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Verifworks 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 Verifworks Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Verifworks has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCV6617E1Z5 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Verifworks Private Limited, buy the company report.
Recent activity
Verifworks Private Limited has 6 board changes on record since 2016: 5 appointments and 1 cessation. The latest: Ajeetha Kumari Venkatesan was appointed as Director on 24 Jan 2025.
Frequently asked questions
Verifworks is an active private limited company based in Bangalore, Karnataka, India. The company works in semiconductor products and services, within the information technology industry. It was incorporated on 16 August 2016 (10+ years old) and is registered under CIN U72900KA2016PTC095757.
Verifworks has 5 current directors:
- Venkatesan Lakshmi - Director
- Ajeetha Kumari Venkatesan - Director
- Venkatesan Kalpana Kumari - Director
- Govindasamy Venkatesan - Director
- Venkataramanan Srinivasan - Director
The latest financial statements of Verifworks 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 2017 are in the company report.
The GSTIN of Verifworks is 29AAFCV6617E1Z5, registered in Karnataka.
The CIN (Corporate Identification Number) of Verifworks is U72900KA2016PTC095757. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Verifworks was incorporated on 16 August 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Ajeetha Kumari Venkatesan was appointed as Director on 24 Jan 2025. Venkatesan Lakshmi was appointed as Director on 21 Feb 2024. Ajeetha Kumari Venkatesan ceased to be Director on 31 Oct 2022. Verifworks has 6 board changes on record in total.
Verifworks can be reached through the website verifworks.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Verifworks is at No 1833 Sarjapur Road Dommasandra Village, Bangalore, Karnataka, India – 562125.
Verifworks operates in the information technology industry, in the semiconductor products and services segment.