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About Biofuels (Veritas) Limited
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Biofuels (Veritas) Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the petrochemicals and derivatives segment of the chemicals and materials sector. It was incorporated on 29 December 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U23209MH2006PLC166626.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Kamlesh Kantilal Shukla and Rajaram Satyendra Shanbhag.
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 701 Embassy Centre Nariman Point, Mumbai, Maharashtra, India – 400021.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website groupeveritas.com.
Company details
Contact details
Biofuels (Veritas) Limited's registered office is in Mumbai, Maharashtra. Its website is groupeveritas.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address701 Embassy Centre Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryChemicals and Materials, Petrochemicals & Derivatives
To see the full contact details of Biofuels (Veritas) 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
Financials of Biofuels (Veritas) Limited
FY 2025 filings availableBiofuels (Veritas) Limited reported revenue of ₹30 for FY 2025.
Financial Statement Summary
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Financial Ratios
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To see the full financial statements and ratios of Biofuels (Veritas) Limited, buy the company report.
Board of directors of Biofuels (Veritas) Limited
Biofuels (Veritas) has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kamlesh Kantilal Shukla Also directs: Sainath Agriculture Private Limited, Bhumiputra Agro Private Limited, Shubh Labh Agriculture Private Limited and 5 more | Director | 13 Apr 2022 | 4 Years 6 Months | Current |
| Rajaram Satyendra Shanbhag Also directs: Veritas Infrastructure Development Limited | Director | 05 Dec 2014 | 11 Years 11 Months | Current |
| Natasha Shailesh Dalmia Also directs: Veritas Infrastructure Development Limited, Kanji Advisors LLP, Dalton Fashions (India) Pvt Ltd and 5 more | Director | 04 Feb 2016 | 10 Years 9 Months | Current |
Peer comparison
Biofuels (Veritas) Limited is compared with the 6 companies closest to it by revenue in the Chemicals industry (Petrochemicals), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Moriko Bio Fuels Private Limited | ₹577 (FY 2023) | 42.0% | Delhi, India | |||
| Gujarat Speciality Lubes Ltd | ₹470 (FY 2025) | Vadodara, Gujarat, India | ||||
| Formula Lubricants Limited | ₹226 (FY 2023) | -97.0% | Aurangabad, Maharashtra, India | |||
| Southern Pearl Refinery and Petrochemicals Private Limited | ₹58 (FY 2024) | -100.0% | Chennai, Tamil Nadu, India | |||
| Biofuels (Veritas) Limitedthis company | ₹30 (FY 2025) | Mumbai, Maharashtra, India | ||||
| Dhanashree Petrochemicals Private Limited | ₹30 (FY 2020) | Solapur, Maharashtra, India | ||||
| Siddhivinayak Buildpro Private Limited | ₹17 (FY 2024) | Pune, Maharashtra, India |
To see the full peer comparison of Biofuels (Veritas) Limited, buy the company report.
Auditor
Biofuels (Veritas) Limited is audited by G.R. MODI & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G.R. MODI & CO. | FY 2023 | 112617W |
Shareholding
The shareholding of Biofuels (Veritas) 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 |
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To see the full shareholding pattern of Biofuels (Veritas) Limited, buy the company report.
Legal cases
No court or tribunal cases involving Biofuels (Veritas) 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 Biofuels (Veritas) Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Biofuels (Veritas) Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Biofuels (Veritas) Limited has 12 board changes on record since 2011: 3 appointments and 9 cessations. The latest: Kamlesh Kantilal Shukla ceased to be Additional Director on 30 Sep 2022.
3 earlier events are in the company report.
Frequently asked questions
Biofuels (Veritas) is an active public limited company based in Mumbai, Maharashtra, India. The company works in petrochemicals and derivatives, within the chemicals and materials industry. It was incorporated on 29 December 2006 (20+ years old) and is registered under CIN U23209MH2006PLC166626.
Biofuels (Veritas) has 3 current directors:
- Kamlesh Kantilal Shukla - Director
- Rajaram Satyendra Shanbhag - Director
- Natasha Shailesh Dalmia - Director
The latest financial statements of Biofuels (Veritas) 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 2015 are in the company report.
The CIN (Corporate Identification Number) of Biofuels (Veritas) is U23209MH2006PLC166626. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Biofuels (Veritas) was incorporated on 29 December 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Biofuels (Veritas) by revenue are Moriko Bio Fuels Private Limited, Gujarat Speciality Lubes Ltd, Formula Lubricants Limited, Southern Pearl Refinery and Petrochemicals Private Limited, Dhanashree Petrochemicals Private Limited and 1 more, all in the Chemicals industry (Petrochemicals).
Kamlesh Kantilal Shukla ceased to be Additional Director on 30 Sep 2022. Kamlesh Kantilal Shukla was appointed as Director on 13 Apr 2022. Manoj Kumar Didwania ceased to be Additional Director on 30 Sep 2016. Biofuels (Veritas) has 12 board changes on record in total.
Biofuels (Veritas) can be reached through the website groupeveritas.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Biofuels (Veritas) is at 701 Embassy Centre Nariman Point, Mumbai, Maharashtra, India – 400021.
Biofuels (Veritas) operates in the chemicals and materials industry, in the petrochemicals and derivatives segment.
The compliance status of Biofuels (Veritas) is compliant as of 22 July 2026. The company is actively filing with the Registrar of Companies.
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