Vera Software IT Solutions Private Limited
About Vera Software IT Solutions Private Limited
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Vera Software IT Solutions Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 27 June 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74999TN2018PTC123415. Its GSTIN is 33AARCA0642E1Z0 (Tamil Nadu).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Panneerselvam Senthil Arasu and Bharathi Radha Rajasekaran.
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 P. No. 21 Annai Meenakshi Nagar Perumattu Nallur, Chennai, Tamil Nadu, India – 603202.
As per the financials filed for FY 2025, the company reported a revenue of ₹15.99 Lakh, a decline of 72% compared to the previous year. For the same year it recorded a net loss of ₹11.77 Lakh (net margin -73.6%) and EBITDA of ₹8.63 Lakh (EBITDA margin 54%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 5% over five years.
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- Registered AddressP. No. 21 Annai Meenakshi Nagar Perumattu Nallur, Chennai, Tamil Nadu, India – 603202
- IndustryInformation Technology, IT Products Retail & Distribution
- 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
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Business Activity of Vera Software IT Solutions Private Limited
The main business activity of Vera Software IT Solutions is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | 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 Vera Software IT Solutions Private Limited FY 2025 filings available
Vera Software IT Solutions Private Limited reported revenue of ₹15.99 Lakh (down 72% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Vera Software IT Solutions Private Limited
Revenue fell 72% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA fell 82% 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 Vera Software IT Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | ₹8.63 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹11.77 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Vera Software IT Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 54% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -73.6% | •••• | •••• | •••• | •••• |
| 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 Vera Software IT Solutions are in the company report.
Financial statements from FY 2019
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 Vera Software IT Solutions Private Limited
Vera Software IT Solutions Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Products Retail and Distribution). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Netsol Projects Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Agrotika Ventures Private Limited | •••• | •••• | •••• | •••• | - | Patna, Bihar, India |
| Dexagon Technologies Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| VCL Technocare Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Focus Net Private Limited | •••• | •••• | •••• | •••• | - | Rohini, Delhi, India |
| Vera Software IT Solutions Private Limited this company | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Oas Information Systems Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Technofit Infonet (OPC) Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Ghanaksh Technologies Private Limited | •••• | •••• | •••• | •••• | - | Noida, Uttar Pradesh, India |
| Bpa Electronics and Software Pvt Ltd | •••• | •••• | •••• | •••• | - | Delhi, India |
| Provalok Private Limited | •••• | •••• | •••• | •••• | - | South 24 Parganas, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Vera Software IT Solutions by revenue in the Information Technology industry (IT Products Retail and Distribution), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Vera Software IT Solutions Private Limited
Vera Software IT Solutions Private Limited is audited by R RAVI & CO for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R RAVI & CO | 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 Vera Software IT Solutions Private Limited
Vera Software IT Solutions 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 |
|---|---|---|---|---|
| Panneerselvam Senthil Arasu | Director | 27 Jun 2018 | 8 Years 3 Months | Current |
| Bharathi Radha Rajasekaran | Additional Director | 12 Sep 2021 | 5 Years 0 Months | Current |
Ownership and Shareholding of Vera Software IT Solutions 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 Vera Software IT Solutions Private Limited
Vera Software IT Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Vera Software IT Solutions Private Limited
Employment history and EPFO contributions of people linked to Vera Software IT Solutions.
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 Vera Software IT Solutions Private Limited
Vera Software IT Solutions Private Limited has 3 board changes on record since 2018: 2 appointments and 1 cessation. The latest: Kumaresan Dhiwagar Babu ceased to be Director on 29 Sep 2023.
Credit Ratings, Litigation & Regulatory Alerts for Vera Software IT Solutions 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 Vera Software IT Solutions 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 Vera Software IT Solutions 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 Vera Software IT Solutions Private Limited
Vera Software IT Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AARCA0642E1Z0 | Tamil Nadu | Active | 23 Aug 2021 |
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 Vera Software IT Solutions 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 Vera Software IT Solutions Private Limited
Vera Software IT Solutions is an active private limited company based in Chennai, Tamil Nadu, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 27 June 2018 (8+ years old) and is registered under CIN U74999TN2018PTC123415.
Vera Software IT Solutions reported revenue of ₹15.99 Lakh for FY 2025 (down 72% YoY).
Vera Software IT Solutions has 2 current directors:
- Panneerselvam Senthil Arasu - Director
- Bharathi Radha Rajasekaran - Additional Director
Vera Software IT Solutions reported a net loss of ₹11.77 Lakh (net margin -73.6%) and EBITDA of ₹8.63 Lakh (EBITDA margin 54%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Vera Software IT Solutions is 26% over three years and 5% over five years. In the latest year (FY 2025) revenue fell 72%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Vera Software IT Solutions is 33AARCA0642E1Z0, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Vera Software IT Solutions is U74999TN2018PTC123415. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vera Software IT Solutions was incorporated on 27 June 2018, making it 8+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Vera Software IT Solutions by revenue are Netsol Projects Limited, Agrotika Ventures Private Limited, Dexagon Technologies Private Limited, VCL Technocare Private Limited, Focus Net Private Limited and 5 more, all in the Information Technology industry (IT Products Retail and Distribution).
Kumaresan Dhiwagar Babu ceased to be Director on 29 Sep 2023. Bharathi Radha Rajasekaran was appointed as Additional Director on 12 Sep 2021. Panneerselvam Senthil Arasu was appointed as Director on 27 Jun 2018.
The registered office of Vera Software IT Solutions is at P. No. 21 Annai Meenakshi Nagar Perumattu Nallur, Chennai, Tamil Nadu, India – 603202.