MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-UP-50-0033935
Veracity Agritech Private Limited
Veracity Agritech Private Limited - agriculture in Lucknow, Uttar Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹62.94 Lakh
▼ 20% YoY
Net loss · FY 2024
₹28,029
Net margin -0.4%
EBITDA · FY 2024
₹6.16 Lakh
EBITDA margin 9.8%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹9 Lakh
Issued & subscribed
Open charges
₹46.96 Lakh
Secured borrowings
Company age
12 yrs
Est. 2014
Directors on board
2
As per MCA filings
About Veracity Agritech Private Limited
Data last updated:
Veracity Agritech Private Limited is a private limited company based in Lucknow, Uttar Pradesh, India. It operates in the animal feeds segment of the agriculture sector. It was incorporated on 11 June 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U15400UP2014PTC064277. Its GSTIN is 09AAECV8181E1Z1 (Uttar Pradesh).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9 Lakh. It is led by directors Neelima Srivastava and Vishal Srivastava.
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 Lgf – 48 A Block Annapurna Complex Kanpur Road, Lucknow, Uttar Pradesh, India – 226012.
As per the financials filed for FY 2024, the company reported a revenue of ₹62.94 Lakh, a decline of 20% compared to the previous year. For the same year it recorded a net loss of ₹28,029 (net margin -0.4%) and EBITDA of ₹6.16 Lakh (EBITDA margin 9.8%). Revenue has declined at a compounded annual rate (CAGR) of 44% over three years and 42% over five years.
As per MCA filings, the company has open charges of ₹46.96 Lakh on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 2 cases are pending.
Veracity Agritech Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-50-0033935). The current compliance status is marked as compliant by the Registrar of Companies.
Company Details of Veracity Agritech Private Limited
CIN U15400UP2014PTC064277
Registration Number 064277
Incorporation Date 11 June 2014
ROC Uttar Pradesh
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 Micro
Udyam Registration UDYAM-UP-50-0033935
Recognitions & Rankings of Veracity Agritech
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressLgf – 48 A Block Annapurna Complex Kanpur Road, Lucknow, Uttar Pradesh, India – 226012
- IndustryAgriculture, Animal Feeds
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Business Activity of Veracity Agritech Private Limited
The main business activity of Veracity Agritech is agriculture, forestry, fishing. In detail, this covers support activities to agriculture and other activities including hunting.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| A | Agriculture, forestry, fishing | A4 | Support activities to agriculture and Other Activities including hunting | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Veracity Agritech Private Limited FY 2024 filings available
Veracity Agritech Private Limited reported revenue of ₹62.94 Lakh (down 20% YoY) for FY 2024.
Revenue · FY 2024
₹62.94 Lakh ▼ 20%
Net loss · FY 2024
₹28,029 margin -0.4%
EBITDA · FY 2024
₹6.16 Lakh margin 9.8%
Compounded Annual Growth Rate (CAGR) of Veracity Agritech Private Limited
Revenue CAGR growth
1 year
▼ 20%
3 years · compounded
▼ 44%
5 years · compounded
▼ 42%
EBITDA CAGR growth
1 year
▼ 14%
3 years · compounded
▼ 8%
5 years · compounded
▼ 15%
Revenue has declined at a compounded annual rate (CAGR) of 42% over five years, including a 20% fall in the latest year. EBITDA fell 14% 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 Veracity Agritech Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹6.16 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹28,029 | •••• | •••• | •••• | •••• |
| 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 Veracity Agritech Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -0.4% | •••• | •••• | •••• | •••• |
| 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 Veracity Agritech are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
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Board of Directors of Veracity Agritech Private Limited
Veracity Agritech has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neelima Srivastava Also directs: Valora Agritech Private Limited | Director | 10 Oct 2019 | 7 Years 0 Months | Current |
| Vishal Srivastava Also directs: Valora Agritech Private Limited | Director | 11 Jun 2014 | 12 Years 4 Months | Current |
Peer Comparison of Veracity Agritech Private Limited
Veracity Agritech Private Limited is compared with the companies closest to it by revenue in the Agriculture industry (Agritech, Agro Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Khirasagar Farmers Producer Company Limited | ₹63.02 Lakh (FY 2025) | •••• | •••• | -13.0% | •••• | Kantabanji, Odisha, India |
| Nisarg Agrofood Processing Industries Private Limited | ₹63 Lakh (FY 2025) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Aarudhara Farmer Producer Company Limited | ₹62.98 Lakh (FY 2025) | •••• | •••• | 3.0% | •••• | Ujjain, Madhya Pradesh, India |
| Jiyanshi Kisan Producer Company Limited | ₹62.97 Lakh (FY 2025) | •••• | •••• | 4.0% | •••• | Hisar, Haryana, India |
| Able Farmers Producer Company Limited | ₹62.97 Lakh (FY 2025) | •••• | •••• | 194.0% | •••• | Udaynarayanpur, West Bengal, India |
| Veracity Agritech Private Limited this company | ₹62.94 Lakh (FY 2024) | •••• | •••• | -20.0% | •••• | Lucknow, Uttar Pradesh, India |
| Creative World GPS Private Limited | ₹62.86 Lakh (FY 2021) | •••• | •••• | 13868.0% | •••• | Kolkata, West Bengal, India |
| Ziva Farmer Producer Company Limited | ₹62.84 Lakh (FY 2025) | •••• | •••• | 278.0% | •••• | Jhajjar, Haryana, India |
| Nilachakra Farmers Producer Company Limited | ₹62.84 Lakh (FY 2025) | •••• | •••• | 424.0% | •••• | Balasore, Odisha, India |
| Shivmalhar Farmers Producer Company Limited | ₹62.81 Lakh (FY 2024) | •••• | •••• | 6.0% | •••• | Satara, Maharashtra, India |
| Gola Darpan Producer Company Limited | ₹62.76 Lakh (FY 2024) | •••• | •••• | 47.0% | •••• | Hazaribagh, Jharkhand, India |
Peers are the five companies nearest above and the five nearest below Veracity Agritech by revenue in the Agriculture industry (Agritech, Agro Retail and Distribution), 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 Veracity Agritech Private Limited
Veracity Agritech Private Limited is audited by G SABHARWAL & COMPANY for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| G SABHARWAL & COMPANY | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Veracity Agritech Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Veracity Agritech Private Limited
Open charges
₹46.96 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Jun 2020 | Canara Bank | ₹7 Lakh | Open |
| 07 Feb 2015 | Others | ₹39.96 Lakh | Open |
Total charge records: 2 View all charges
Legal Cases of Veracity Agritech Private Limited
Veracity Agritech Private Limited has 2 court cases on record: 1 filed by Veracity Agritech, 1 filed against it. All cases are pending. Status as checked between 29 Sep 2026 and 01 Oct 2026.
Total cases
2
Filed by the company
1
Filed against the company
1
Pending
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 2 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Lucknow, Uttar Pradesh | Criminal case | Filed against the company by Mohogney Agrotech Private Limited | Pending |
| District court, Lucknow, Uttar Pradesh | Cheque dishonour complaint | Filed by the company against an individual | Pending |
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Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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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.
Employees and EPFO Compliance at Veracity Agritech Private Limited
Employment history and EPFO contributions of people linked to Veracity Agritech.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Veracity Agritech Private Limited
Veracity Agritech Private Limited has 6 board changes on record since 2014: 2 appointments and 4 cessations. The latest: Neelima Srivastava was appointed as Director on 10 Oct 2019.
AGM
Veracity Agritech Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Veracity Agritech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Uttar Pradesh I.
Charges
A charge with Canara Bank amounted to Rs. 7.00 Lakh with Charge ID 100355420 was registered on 11 Jun 2020.
Appointed
Neelima Srivastava was appointed as Director.
Ceased
Sanjeev Kumar Srivastava ceased to be Director.
Ceased
Ashish Kumar Chaubey ceased to be Director.
Ceased
Vinay Kumar Singh ceased to be Director.
Charges
A charge with Others of Rs. 39.96 Lakh registered on 07 Feb 2015 with Charge ID 10572713 was modified on 01 Jun 2016.
Ceased
Gaurav Singh ceased to be Additional Director.
Charges
A charge with Others amounted to Rs. 39.96 Lakh with Charge ID 10572713 was registered on 07 Feb 2015.
Appointed
Vishal Srivastava was appointed as Director.
Incorporation
11 Jun 2014
Veracity Agritech Private Limited was registered on 11 Jun 2014 with Roc Uttar Pradesh I & aged 12 years 4 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Veracity Agritech Private Limited
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MSME Payment Delays by Veracity Agritech Private Limited
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Subsidiaries & Group Companies of Veracity Agritech Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Veracity Agritech Private Limited
Veracity Agritech has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAECV8181E1Z1 | Uttar Pradesh | Active | 01 Jul 2017 |
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MCA Filings & Documents of Veracity Agritech Private Limited
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MCA filings and documents
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Frequently Asked Questions about Veracity Agritech Private Limited
Veracity Agritech is an active private limited company based in Lucknow, Uttar Pradesh, India. The company works in animal feeds, within the agriculture industry. It was incorporated on 11 June 2014 (12+ years old) and is registered under CIN U15400UP2014PTC064277.
Veracity Agritech reported revenue of ₹62.94 Lakh for FY 2024 (down 20% YoY).
Veracity Agritech has 2 current directors:
- Neelima Srivastava - Director
- Vishal Srivastava - Director
Veracity Agritech reported a net loss of ₹28,029 (net margin -0.4%) and EBITDA of ₹6.16 Lakh (EBITDA margin 9.8%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Veracity Agritech is -44% over three years and -42% over five years. In the latest year (FY 2024) revenue fell 20%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Veracity Agritech is 09AAECV8181E1Z1, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Veracity Agritech is U15400UP2014PTC064277. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Veracity Agritech has 2 court cases on record: 1 filed by the company and 1 filed against it. 2 are pending.
Veracity Agritech was incorporated on 11 June 2014, making it 12+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
The peers of Veracity Agritech by revenue are Khirasagar Farmers Producer Company Limited, Nisarg Agrofood Processing Industries Private Limited, Aarudhara Farmer Producer Company Limited, Jiyanshi Kisan Producer Company Limited, Able Farmers Producer Company Limited and 5 more, all in the Agriculture industry (Agritech, Agro Retail and Distribution).
Neelima Srivastava was appointed as Director on 10 Oct 2019. Sanjeev Kumar Srivastava ceased to be Director on 10 Oct 2019. Ashish Kumar Chaubey ceased to be Director on 29 Mar 2019. Veracity Agritech has 6 board changes on record in total.