Veritas Exim & Project Private Limited
About Veritas Exim & Project Private Limited
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Veritas Exim & Project Private Limited is a private limited company based in Porbandar, Gujarat, India. It operates in the wholesale trading and distribution segment of the trading and commerce sector. It was incorporated on 07 October 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51909GJ2009PTC058268. Its GSTIN is 24AANCS4437P1ZP (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Sagar Wealth and Management Private Limited. It is led by directors Bahadursinh Jilubha Revar and Kishorbhai Damjibhai Gondaliya.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at F – 5 Kuber Plus Beside Hotel Kuber Hospital Road, Porbandar, Gujarat, India – 360575.
As per the financials filed for FY 2020, the company reported a revenue of ₹2.93 Lakh, a decline of 81% compared to the previous year. For the same year it recorded a net loss of ₹7.74 Lakh (net margin -264.4%) and EBITDA of -₹7.74 Lakh (EBITDA margin -264.4%). Revenue has grown at a compounded annual rate (CAGR) of 239% over three years and 336% over five years.
Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Veritas Exim & Project has one previous CIN (Corporate Identification Number): U67120GJ2009PTC058268. The current CIN is U51909GJ2009PTC058268, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51909GJ2009PTC058268 | Current |
| U67120GJ2009PTC058268 | Previous |
Contact details
Veritas Exim & Project Private Limited's registered office is in Porbandar, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressF – 5 Kuber Plus Beside Hotel Kuber Hospital Road, Porbandar, Gujarat, India – 360575
- IndustryTrading, Wholesale, Other Wholesale
To see the full contact details of Veritas Exim & Project 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 Veritas Exim & Project 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 Veritas Exim & Project Private Limited, buy the company report.
Financials of Veritas Exim & Project Private Limited
FY 2020 filings availableVeritas Exim & Project Private Limited reported revenue of ₹2.93 Lakh (down 81% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 81% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 336%. EBITDA rose 68% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA | -₹7.74 Lakh | ||||
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| Net Profit (PAT) | -₹7.74 Lakh | ||||
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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 | -264.4% | ||||
| Net Profit Margin | -264.4% | ||||
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To see the full financial statements and ratios of Veritas Exim & Project Private Limited, buy the company report.
Board of directors of Veritas Exim & Project Private Limited
Veritas Exim & Project 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 |
|---|---|---|---|---|
| Bahadursinh Jilubha Revar | Additional Director | 13 Jul 2021 | 5 Years 3 Months | Current |
| Kishorbhai Damjibhai Gondaliya | Additional Director | 13 Jul 2021 | 5 Years 3 Months | Current |
Auditor
Veritas Exim & Project Private Limited is audited by BHAVIK NATHAVANI & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BHAVIK NATHAVANI & CO. | FY 2017 | 149665 |
Shareholding
The shareholding of Veritas Exim & Project Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Veritas Exim & Project Private Limited, buy the company report.
Legal cases
Veritas Exim & Project Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Tata Tele Services Limited-Tarun Khamboj | Pending |
To see the full case history of Veritas Exim & Project Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Veritas Exim & Project Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Veritas Exim & Project has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AANCS4437P1ZP | Gujarat | Active | 25 Jul 2017 |
To see the full GST registrations and return filing status of Veritas Exim & Project Private Limited, buy the company report.
Recent activity
Veritas Exim & Project Private Limited has 5 board changes on record since 2011: 2 appointments and 3 cessations. The latest: Bahadursinh Jilubha Revar was appointed as Additional Director on 13 Jul 2021.
Frequently asked questions
Veritas Exim & Project is an active private limited company based in Porbandar, Gujarat, India. The company works in wholesale, within the trading industry. It was incorporated on 07 October 2009 (17+ years old) and is registered under CIN U51909GJ2009PTC058268.
Veritas Exim & Project has 2 current directors:
- Bahadursinh Jilubha Revar - Additional Director
- Kishorbhai Damjibhai Gondaliya - Additional Director
The latest financial statements of Veritas Exim & Project on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Veritas Exim & Project is 24AANCS4437P1ZP, registered in Gujarat.
The CIN (Corporate Identification Number) of Veritas Exim & Project is U51909GJ2009PTC058268. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Veritas Exim & Project has 1 court case on record: 1 filed against it. 1 is pending.
Veritas Exim & Project was incorporated on 07 October 2009, making it 17+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Bahadursinh Jilubha Revar was appointed as Additional Director on 13 Jul 2021. Kishorbhai Damjibhai Gondaliya was appointed as Additional Director on 13 Jul 2021. Narendra Babulal Shiyal ceased to be Director on 13 Jul 2021. Veritas Exim & Project has 5 board changes on record in total.
The registered office of Veritas Exim & Project is at F – 5 Kuber Plus Beside Hotel Kuber Hospital Road, Porbandar, Gujarat, India – 360575.
Veritas Exim & Project operates in the trading industry, in the wholesale segment.
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