Verity Commerce Private Limited
About Verity Commerce Private Limited
Data last updated:
Verity Commerce Private Limited is a private limited company based in Nashik, Maharashtra, India. It operates in the medicinal chemical and botanical products segment of the chemicals sector. It was incorporated on 18 June 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24233MH2015PTC265764.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Vishal Eknath Gawade and Jyoti Pravin Suryavanshi.
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 Nashik, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.5 Lakh, a growth of 19% compared to the previous year. For the same year it recorded a net loss of ₹2,300 (net margin -0.9%) and EBITDA of -₹2,300 (EBITDA margin -0.9%). Revenue has declined at a compounded annual rate (CAGR) of 35% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- WebsiteLocked
- Social MediaLocked
- Registered AddressFlat No. 05 Adaongar Plaza, Near Abb Circle Mahatma Nagar, Nashik, Maharashtra, India – 422007
- IndustryChemicals, Medicinal Chemical & Botanical Products, Pharmaceuticals, Chemical Products
- 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 Verity Commerce Private Limited
The main business activity of Verity Commerce is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers retail trade, except of motor vehicles and motorcycles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 47 | Retail trade, except of motor vehicles and motorcycles | 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 Verity Commerce Private Limited FY 2025 filings available
Verity Commerce Private Limited reported revenue of ₹2.5 Lakh (up 19% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Verity Commerce Private Limited
Revenue rose 19% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 35%. EBITDA fell 342% 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 Verity Commerce Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | -₹2,300 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2,300 | •••• | •••• | •••• | •••• |
| 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 Verity Commerce Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -0.9% | •••• | •••• | •••• | •••• |
| 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 Verity Commerce are in the company report.
Financial statements from FY 2016
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 Verity Commerce Private Limited
Verity Commerce Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Retail trade, except of motor vehicles and motorcycles). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shree Bhagwati Cold Storage Private Limited | ₹2.52 Lakh (FY 2025) | •••• | •••• | •••• | Nalanda, Bihar, India | |
| Bhagwati Softcom Private Limited | ₹2.52 Lakh (FY 2025) | •••• | •••• | 5.0% | •••• | New Delhi, Delhi, India |
| Divya Fincap Private Limited | ₹2.52 Lakh (FY 2024) | •••• | •••• | 3.0% | •••• | New Delhi, Delhi, India |
| High Hauk Private Limited | ₹2.52 Lakh (FY 2025) | •••• | •••• | -12.0% | •••• | Noida, Uttar Pradesh, India |
| Vayaan Technologies Private Limited | ₹2.5 Lakh (FY 2025) | •••• | •••• | -55.0% | •••• | Thane, Maharashtra, India |
| Verity Commerce Private Limited this company | ₹2.5 Lakh (FY 2023) | •••• | •••• | 19.0% | •••• | Nashik, Maharashtra, India |
| Jdson Healthcare Private Limited | ₹2.5 Lakh (FY 2025) | •••• | •••• | •••• | Delhi, India | |
| Pri Ansh Lifestyle Private Limited | ₹2.49 Lakh (FY 2025) | •••• | •••• | 57.0% | •••• | Sonipat, Haryana, India |
| Upkar Tieup Private Limited | ₹2.49 Lakh (FY 2025) | •••• | •••• | 7.0% | •••• | Kolkata, West Bengal, India |
| Skyrise Consultancy Private Limited | ₹2.49 Lakh (FY 2024) | •••• | •••• | 0.0% | •••• | Kolkata, West Bengal, India |
| Purpleluck Private Limited | ₹2.48 Lakh (FY 2025) | •••• | •••• | 25.0% | •••• | Bhilwara, Rajasthan, India |
Peers are the five companies nearest above and the five nearest below Verity Commerce by revenue in the same principal business activity (Retail trade, except of motor vehicles and motorcycles), 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 Verity Commerce Private Limited
Verity Commerce Private Limited is audited by Pratik Parnerkar and Associates for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Pratik Parnerkar and Associates | 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 Verity Commerce Private Limited
Verity Commerce has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jyoti Pravin Suryavanshi | Additional Director | 10 Feb 2024 | 2 Years 7 Months | Current |
| Vishal Eknath Gawade Also directs: Winsnit Technologies Private Limited | Director | 18 Jun 2015 | 11 Years 3 Months | Current |
Ownership and Shareholding of Verity Commerce 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 Verity Commerce Private Limited
Verity Commerce Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Verity Commerce Private Limited
Employment history and EPFO contributions of people linked to Verity Commerce.
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 Verity Commerce Private Limited
Verity Commerce Private Limited has 3 board changes on record since 2015: 2 appointments and 1 cessation. The latest: Avinash Eknath Gawade ceased to be Director on 12 Feb 2024.
Credit Ratings, Litigation & Regulatory Alerts for Verity Commerce 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 Verity Commerce 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 Verity Commerce 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 Verity Commerce Private Limited
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 Verity Commerce 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 Verity Commerce Private Limited
Verity Commerce is an active private limited company based in Nashik, Maharashtra, India. The company works in medicinal chemical and botanical products, within the chemicals industry. It was incorporated on 18 June 2015 (11+ years old) and is registered under CIN U24233MH2015PTC265764.
Verity Commerce reported revenue of ₹2.5 Lakh for FY 2023 (up 19% YoY).
Verity Commerce has 2 current directors:
- Jyoti Pravin Suryavanshi - Additional Director
- Vishal Eknath Gawade - Director
Verity Commerce reported a net loss of ₹2,300 (net margin -0.9%) and EBITDA of -₹2,300 (EBITDA margin -0.9%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Verity Commerce is -35% over three years. In the latest year (FY 2023) revenue rose 19%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Verity Commerce is U24233MH2015PTC265764. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Verity Commerce was incorporated on 18 June 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Verity Commerce by revenue are Shree Bhagwati Cold Storage Private Limited, Bhagwati Softcom Private Limited, Divya Fincap Private Limited, High Hauk Private Limited, Vayaan Technologies Private Limited and 5 more, all in the same principal business activity (Retail trade, except of motor vehicles and motorcycles).
Avinash Eknath Gawade ceased to be Director on 12 Feb 2024. Jyoti Pravin Suryavanshi was appointed as Additional Director on 10 Feb 2024. Vishal Eknath Gawade was appointed as Director on 18 Jun 2015.
The registered office of Verity Commerce is at Flat No. 05 Adaongar Plaza, Near Abb Circle Mahatma Nagar, Nashik, Maharashtra, India – 422007.
Verity Commerce has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh.