Veeassure Private Limited

Veeassure Private Limited - business outsourcing in Anjar, Gujarat, India. FY 2026 financials & compliance.
CIN U80100GJ2016PTC093547 Incorporated 31 August 2016 ROC Ahmedabad HQ Anjar, Gujarat, India
Active Private Limited Company business outsourcing MSME
Data last updated
Revenue · FY 2025
₹122.55 Cr
▲ 29% YoY
Net profit · FY 2025
₹1.13 Cr
Net margin 0.9%
EBITDA · FY 2025
₹1.74 Cr
EBITDA margin 1.4%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
10 yrs
Est. 2016
Employees · EPFO
4,657
Provident fund records
Directors on board
2
As per MCA filings

About Veeassure Private Limited

Data last updated:

Veeassure Private Limited is a private limited company based in Anjar, Gujarat, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 31 August 2016 and has been in existence for over 10 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U80100GJ2016PTC093547. Its GSTIN is 24AABCW8682Q1ZG (Gujarat).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Rakesh Singh and Savita Singh.

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 Anjar, Gujarat.

As per the financials filed for FY 2025, the company reported a revenue of ₹122.55 Cr, a growth of 29% compared to the previous year. For the same year it recorded a net profit of ₹1.13 Cr (net margin 0.9%) and EBITDA of ₹1.74 Cr (EBITDA margin 1.4%). Revenue has grown at a compounded annual rate (CAGR) of 59% over three years and 50% over five years.

The company has about 4,657 employees on its provident fund (EPFO) records.

Veeassure Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-GJ-13-0049501). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website welspun.com.

Company Details of Veeassure Private Limited
CIN U80100GJ2016PTC093547
Registration Number 093547
Incorporation Date 31 August 2016
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-GJ-13-0049501

CIN History of Veeassure Private Limited

Veeassure has one previous CIN (Corporate Identification Number): U74999GJ2016PTC093547. The current CIN is U80100GJ2016PTC093547, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U80100GJ2016PTC093547Current
U74999GJ2016PTC093547Previous
Key People
Rakesh Singh Director Savita Singh Director

Recognitions & Rankings of Veeassure

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-GJ-13-0049501
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
  • Registered Address
    Ff No 15 Unit – 2, Madhuban Shoping Mall G Wing, Anjar, Gujarat, India – 370110
  • Industry
    Business Outsourcing, HR Outsourcing & Talent Management
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Financials, compliance, directors, charges, ownership and filings for Veeassure Private Limited in one report.

Financials from FY 2017 Directors & ownership Charges & compliance

Business Activity of Veeassure Private Limited

The main business activity of Veeassure is support service to organizations. In detail, this covers other support services to organizations.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
NSupport service to OrganizationsN7Other support services to organizationsLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

  • Turnover contribution
  • Historical classifications
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Verified entity values are shown only after access is granted.

Financials of Veeassure Private Limited FY 2024 filings available

Veeassure Private Limited reported revenue of ₹122.55 Cr (up 29% YoY) for FY 2025.

Revenue · FY 2025
₹122.55 Cr ▲ 29%
Net profit · FY 2025
₹1.13 Cr margin 0.9%
EBITDA · FY 2025
₹1.74 Cr margin 1.4%

Compounded Annual Growth Rate (CAGR) of Veeassure Private Limited

Revenue CAGR growth
1 year
▲ 29%
3 years · compounded
▲ 59%
5 years · compounded
▲ 50%
EBITDA CAGR growth
1 year
▲ 271%
3 years · compounded
▲ 61%
5 years · compounded
▲ 84%

Revenue has grown at a compounded annual rate (CAGR) of 50% over five years, including 29% growth in the latest year. EBITDA rose 271% 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 Veeassure Private Limited

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹1.74 Cr••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹1.13 Cr••••••••••••••••
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 Veeassure Private Limited

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin1.4%••••••••••••••••
Net Profit Margin0.9%••••••••••••••••
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 Veeassure are in the company report.

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Financial statements from FY 2017

Earlier years and trend charts are in the company report.

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Verified entity values are shown only after access is granted.

Board of Directors of Veeassure Private Limited

Veeassure has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Rakesh Singh
Also directs: Robustrix IT Solutions Private Limited
Director12 Feb 20251 Years 8 MonthsCurrent
Savita Singh
Also directs: Symposium Private Limited, Royalgrapes Hospitality Private Limited, Horizon Pre-School Private Limited
Director12 Feb 20251 Years 8 MonthsCurrent
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Peer Comparison of Veeassure Private Limited

Veeassure Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (HR Outsourcing). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Elitefalcons Private Limited₹125.14 Cr (FY 2025)••••••••16.0%••••Patna, Bihar, India
Million Minds Management Services Limited₹125.11 Cr (FY 2024)••••••••-14.0%••••Hobli, Karnataka, India
Analytix Business Solutions (India) Private Limited₹123.59 Cr (FY 2025)••••••••18.0%••••Ahmedabad, Gujarat, India
Oyster People Services Private Limited₹123.37 Cr (FY 2025)••••••••22.0%••••Bangalore, Karnataka, India
White Crow Research Private Limited₹122.9 Cr (FY 2025)••••••••23.0%••••Mumbai, Maharashtra, India
Veeassure Private Limited this company₹122.55 Cr (FY 2025)••••••••29.0%••••Anjar, Gujarat, India
Talensetu Services Private Limited₹121.81 Cr (FY 2025)••••••••4.0%••••Pune, Maharashtra, India
Sai Manpower Services Private Limited₹121.45 Cr (FY 2025)••••••••16.0%••••Aurangabad, Maharashtra, India
CFS Management Private Limited₹121.26 Cr (FY 2025)••••••••13.0%••••Kolkata, West Bengal, India
Pousse Management Services Private Limited₹121.11 Cr (FY 2025)••••••••-9.0%••••Mumbai, Maharashtra, India
Ifb Appliances Ltd₹121.1 Cr (FY 2025)••••••••29.0%••••Kolkata, West Bengal, India

Peers are the five companies nearest above and the five nearest below Veeassure by revenue in the Outsourcing industry (HR Outsourcing), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Charges & Borrowings of Veeassure Private Limited

Veeassure Private Limited does not have any charges (loans) registered with the Registrar of Companies.

Employees and EPFO Compliance at Veeassure Private Limited

Employment history and EPFO contributions of people linked to Veeassure.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Verified entity values are shown only after access is granted.

Recent Activity on Veeassure Private Limited

Veeassure Private Limited has 11 board changes on record since 2018: 2 appointments and 9 cessations. The latest: Harish Chandra Gupta ceased to be Director on 12 Feb 2025.

Ceased
Harish Chandra Gupta ceased to be Director.
Appointed
Rakesh Singh was appointed as Director.
Ceased
Rakesh Singh ceased to be Additional Director.
Appointed
Savita Singh was appointed as Director.
Ceased
Savita Singh ceased to be Additional Director.
AGM
Veeassure Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Veeassure Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Ceased
Altaf A Jiwani ceased to be Additional Director.
Ceased
Anuj Burakia ceased to be Additional Director.
Ceased
Ashokkumar Jagdishchandra Joshi ceased to be Additional Director.
Ceased
Praveen Bhansali ceased to be Additional Director.
Ceased
Atul Kumar Wahi ceased to be Director.

2 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Veeassure Private Limited

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Credit ratings, litigation, and regulatory alerts

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MSME Payment Delays by Veeassure Private Limited

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MSME payment history

Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.

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Subsidiaries & Group Companies of Veeassure Private Limited

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Corporate group structure

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GST Compliance of Veeassure Private Limited

Veeassure has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AABCW8682Q1ZGGujaratActive01 Jul 2017
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Veeassure Private Limited

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MCA filings and documents

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Frequently Asked Questions about Veeassure Private Limited

Veeassure is an active private limited company based in Anjar, Gujarat, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 31 August 2016 (10+ years old) and is registered under CIN U80100GJ2016PTC093547.

Veeassure reported revenue of ₹122.55 Cr for FY 2025 (up 29% YoY).

Veeassure has 2 current directors:

Veeassure reported a net profit of ₹1.13 Cr (net margin 0.9%) and EBITDA of ₹1.74 Cr (EBITDA margin 1.4%) for FY 2025, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Veeassure is 59% over three years and 50% over five years. In the latest year (FY 2025) revenue rose 29%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Veeassure is 24AABCW8682Q1ZG, registered in Gujarat.

The CIN (Corporate Identification Number) of Veeassure is U80100GJ2016PTC093547. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Veeassure was incorporated on 31 August 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.

The peers of Veeassure by revenue are Elitefalcons Private Limited, Million Minds Management Services Limited, Analytix Business Solutions (India) Private Limited, Oyster People Services Private Limited, White Crow Research Private Limited and 5 more, all in the Outsourcing industry (HR Outsourcing).

Harish Chandra Gupta ceased to be Director on 12 Feb 2025. Rakesh Singh was appointed as Director on 12 Feb 2025. Rakesh Singh ceased to be Additional Director on 12 Feb 2025. Veeassure has 11 board changes on record in total.

Yes, Veeassure is registered as an MSME under Udyam registration (number: UDYAM-GJ-13-0049501).

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