Veracity Automotives Private Limited Company Logo

Veracity Automotives Private Limited - Company Profile

It is a automotive private limited company based in Ludhiana, Punjab, India, established in 2019.

2019 | Ludhiana, Punjab, India | Active
Last Updated:

About Veracity Automotives Private Limited

Veracity Automotives Private Limited, a active private limited company, was established on 27 May 2019 in Ludhiana, Punjab, India. Engaging in auto parts & components within the manufacturing sector, it holds CIN: U35999PB2019PTC049523. Registered under ROC Roc Chandigarh. it is unlisted. It has an authorized capital of ₹0.40 M and a paid-up capital of ₹0.25 M.

Its leadership includes Baljinder Singh Sekhon (Director), Neeraj Tuli (Director), Nreen Tuli (Director). Past directors included Basant Singh Khangura, Nreen Tuli. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 4628, Durga Puri, Haibowal Kalan, Ludhiana, Punjab, 141001.

Company Details

  • CIN/LLPIN

    U35999PB2019PTC049523

  • Registration Number

    049523

  • Incorporation Date

    27 May 2019

  • Authorized Capital

    ₹0.40 M

  • Paid-Up Capital

    ₹0.25 M

  • ROC Code

    Roc Chandigarh

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 0.40 M
  • Paid Up Capital ₹ 0.25 M
  • Company Age 6 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 53.10%
  • Profit Growth -1292.54%
  • Ebitda -1551.45%
  • Net Worth -282.92%
  • Total Assets -34.29%
Company report

Veracity Automotives Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Veracity Automotives Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Veracity Automotives Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Baljinder Singh SekhonDirector27 May 2019Current
Neeraj TuliDirector22 Jun 2021Current
Nreen TuliDirector22 Jun 2021Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector27 Mar 2022Past
Pramod AbcsddAdditional Director15 Jun 2021Past

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Financial Performance of Veracity Automotives.

Veracity Automotives Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 53.1% increase. The company also saw a substantial fall in profitability, with a 1292.54% decrease in profit. The company's net worth observed a substantial decline by a decrease of 282.92%.

Veracity Automotives revenue growth over time
Veracity Automotives profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
53.10%
Revenue from Operations
53.12%
Total Assets
-34.29%
Profit or Loss
-1292.54%
Net Worth
-282.92%
EBITDA
-1551.45%

What is the Ownership and Shareholding Structure of Veracity Automotives?

In 2021, Veracity Automotives had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Charges (Loans)

There are no open charges registered against the company as per our records.

How Many Employees Work at Veracity Automotives?

Unlock and access historical data on people associated with Veracity Automotives, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Veracity Automotives Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Veracity Automotives, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Veracity Automotives's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Veracity Automotives

Recent Activity within the Organization

  • Annual General Meeting

    Progress on Veracity Automotives Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    Progress on Veracity Automotives Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh. was documented.

  • Director Appointment

    Progress on Neeraj Tuli was appointed as a Director was appointed as a Director on 22 Jun 2021 & has been associated with this company since 4 years 5 months . was documented.

  • Director Appointment

    Progress on Nreen Tuli was appointed as a Director was appointed as a Director on 22 Jun 2021 & has been associated with this company since 4 years 5 months . was documented.

  • Director Appointment

    Progress on Baljinder Singh Sekhon was appointed as a Director was appointed as a Director on 27 May 2019 & has been associated with this company since 6 years 6 months . was documented.

  • Company Incorporation

    The activity Veracity Automotives Private Limited was registered on 27 May 2019 with Roc Chandigarh & aged 6 years 6 months as per MCA records. was completed.

Frequently Asked Questions

  • What is the CIN of Veracity Automotives Private Limited?

    The CIN of Veracity Automotives Private Limited is U35999PB2019PTC049523.

  • Where is Veracity Automotives Private Limited headquartered?

    Veracity Automotives Private Limited is headquartered at 4628, Durga Puri, Haibowal Kalan, Ludhiana, Punjab, 141001.

  • When was Veracity Automotives Private Limited incorporated?

    Veracity Automotives Private Limited was incorporated on 27 May 2019.

  • Who are the current directors of Veracity Automotives Private Limited?

    The current directors of Veracity Automotives Private Limited are

  • What is the primary industry of Veracity Automotives Private Limited?

    The primary industry of Veracity Automotives Private Limited is Manufacturing.

  • Is Veracity Automotives Private Limited a listed company?

    Veracity Automotives Private Limited is unlisted.

  • What is the capital structure of Veracity Automotives Private Limited?

    The authorized capital of Veracity Automotives Private Limited is ₹0.40 M, and the paid-up capital is ₹0.25 M.

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