About Veritasource Private Limited
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Veritasource Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 08 February 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72200DL2006PTC146069. Its GSTIN is 09AAACO8073E1ZD (Uttar Pradesh). The company holds 5 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹3.76 Cr. It is led by directors including Saurabh Gupta and Arush Gupta.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at D 7, Udyog Nagar Rohtak Road, New Delhi, Delhi, India – 110041.
As per the financials filed for FY 2025, the company reported a revenue of ₹44.81 Cr, a decline of 25% compared to the previous year. For the same year it recorded a net loss of ₹2.58 Cr (net margin -5.8%) and EBITDA of -₹2.97 Cr (EBITDA margin -6.6%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years and 2% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹5 Cr on record. Court records list 7 cases involving the company, including 4 filed by the company and 3 filed against it; 1 case is pending. The company has 11 deals on record (7 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹81.5 Lakh; the latest was in February 2020.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website okayainc.com.
Company details
Contact details
Veritasource Private Limited's registered office is in New Delhi, Delhi. Its website is okayainc.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressD 7, Udyog Nagar Rohtak Road, New Delhi, Delhi, India – 110041
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Veritasource 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 Veritasource is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Veritasource Private Limited, buy the company report.
Financials of Veritasource Private Limited
FY 2024 filings availableVeritasource Private Limited reported revenue of ₹44.81 Cr (down 25% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 2% over five years, including a 25% fall in the latest year. EBITDA fell 367% 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 | -₹2.97 Cr | ||||
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| Net Profit (PAT) | -₹2.58 Cr | ||||
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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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| EBITDA Margin | -6.6% | ||||
| Net Profit Margin | -5.8% | ||||
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To see the full financial statements and ratios of Veritasource Private Limited, buy the company report.
Board of directors of Veritasource Private Limited
Veritasource has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saurabh Gupta Also directs: Balaji Buildcorp LLP, Geon International Private Limited, Sunoxx International Private Limited and 4 more | Additional Director | 03 Jan 2025 | 1 Years 10 Months | Current |
| Arush Gupta Also directs: Geon International Private Limited, Sunoxx International Private Limited, Okaya Fujikawa Power Private Limited and 5 more | Additional Director | 03 Jan 2025 | 1 Years 10 Months | Current |
| Vivek Khanna Also directs: Gir Supply Chain Services LLP | Additional Director | 03 Jan 2025 | 1 Years 10 Months | Current |
Auditor
Veritasource Private Limited is audited by BRIJENDRA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BRIJENDRA & CO. | FY 2023 | 000762N |
Shareholding
The shareholding of Veritasource 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 Veritasource Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Jun 2018 | 100197723 | Hdfc Bank Limited | ₹5 Cr | Satisfied |
To see the full charge records of Veritasource Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Veritasource Private Limited has 11 deals on record (7 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹81.5 Lakh; the latest was in February 2020.
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2020 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 2 individuals |
| Aug 2018 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Oespl Private Limited |
| Aug 2017 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Oespl Private Limited , 3 individuals |
| Jun 2010 | Secondary share transfer | Undisclosed | Buyer: Oespl Private Limited , 3 individuals Seller: 3 individuals |
| Aug 2006 | Funding round | ₹70.5 Lakh | Investors: Oespl Private Limited , 3 individuals |
To see the full deal history of Veritasource Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Veritasource Private Limited has 7 court cases on record: 4 filed by Veritasource, 3 filed against it. 1 case is pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 2 | 1 |
| District courts | 1 | 1 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Arbitration matter | Filed against the company by M/S Electronics Corporation of Tamil Nadu Ltd. (Ecot), | Disposed |
| Madras High Court | Appeal | Filed against the company by M/S Electronics Corporation of Tamil Nadu Ltd.. (Elcot) | Disposed |
| Madras High Court | Court case (OSA(CAD)) | Filed by the company against M/S.Electronics Corporation of Tamil Nadu Limited | Pending |
| Madras High Court | Interim or miscellaneous application | Filed by the company against M/S.Electronics Corporation of Tamil Nadu Limited | Disposed |
| High Court of Delhi | Writ petition | Filed by the company against State & Ors. | Disposed |
To see the full case history of Veritasource 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 Veritasource Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Veritasource Private Limited has a workforce of 10 employees on its EPFO records as of Apr 01, 2024, across 2 active EPFO establishments.
GST
Veritasource has 5 GST registrations: 1 active and 4 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAACO8073E1ZD | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Veritasource Private Limited, buy the company report.
Recent activity
Veritasource Private Limited has 13 board changes on record since 2009: 3 appointments and 10 cessations. The latest: Anil Gupta ceased to be Director on 14 Jan 2025.
6 earlier events are in the company report.
Frequently asked questions
Veritasource is an active private limited company based in New Delhi, Delhi, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 08 February 2006 (20+ years old) and is registered under CIN U72200DL2006PTC146069.
Veritasource has 3 current directors:
- Saurabh Gupta - Additional Director
- Arush Gupta - Additional Director
- Vivek Khanna - Additional Director
The latest financial statements of Veritasource on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Veritasource is 09AAACO8073E1ZD, registered in Uttar Pradesh. The company has 5 GST registrations in all, of which 1 is active and 4 are cancelled or inactive.
The CIN (Corporate Identification Number) of Veritasource is U72200DL2006PTC146069. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Veritasource has 7 court cases on record: 4 filed by the company and 3 filed against it. 1 is pending. Most are in the high courts.
Veritasource was incorporated on 08 February 2006, making it 20+ years old. It is registered with the Registrar of Companies, Delhi.
Veritasource has 11 deals on record (7 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹81.5 Lakh; the latest was in February 2020.
Anil Gupta ceased to be Director on 14 Jan 2025. Arush Gupta was appointed as Additional Director on 03 Jan 2025. Saurabh Gupta was appointed as Additional Director on 03 Jan 2025. Veritasource has 13 board changes on record in total.
Veritasource can be reached through the website okayainc.com. Its registered office is in New Delhi, Delhi, India.
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