MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0105259
Veracity Consulting Services India Private Limited - professional services in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹18.65 Lakh
▲ 68% YoY
Net profit · FY 2025
₹3.15 Lakh
Net margin 16.9%
EBITDA · FY 2025
₹3.86 Lakh
EBITDA margin 20.7%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Satisfied charges
₹3 Lakh
No open charges
Company age
16 yrs
Est. 2010
Directors on board
4
As per MCA filings
About Veracity Consulting Services India Private Limited
Data last updated:
Veracity Consulting Services India Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the taxation and compliance segment of the professional services sector. It was incorporated on 25 May 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74140KA2010PTC053764. Its GSTIN is 29AADCV2938C1ZB (Karnataka).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Subbaraju Hosakote Munishettappa and Pudukoli Narasimha Bhat Ashwini.
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 No.30 2nd Main Road 7th Cross N.R.Colony, Bangalore, Karnataka, India – 560019.
As per the financials filed for FY 2025, the company reported a revenue of ₹18.65 Lakh, a growth of 68% compared to the previous year. For the same year it recorded a net profit of ₹3.15 Lakh (net margin 16.9%) and EBITDA of ₹3.86 Lakh (EBITDA margin 20.7%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years and 4% over five years.
As per MCA filings, the company has satisfied charges of ₹3 Lakh on record.
Veracity Consulting Services India Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0105259). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vcsin.co.in.
Company details
CIN U74140KA2010PTC053764
Registration Number 053764
Incorporation Date 25 May 2010
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0105259
Key People
Subbaraju Hosakote Munishettappa Director Pudukoli Narasimha Bhat Ashwini Director Chaitra Yogendra Director Recognitions & Rankings of Veracity Consulting Services India
Contact details
Veracity Consulting Services India Private Limited's registered office is in Bangalore, Karnataka. Its website is vcsin.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo.30 2nd Main Road 7th Cross N.R.Colony, Bangalore, Karnataka, India – 560019
- IndustryProfessional Services, Taxation, Accounting, Book Keeping
To see the full contact details of Veracity Consulting Services India Private Limited, buy the company report.
Comprehensive company report
Veracity Consulting Services India Private Limited - one report that includes everything
- 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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Financials of Veracity Consulting Services India Private Limited
FY 2025 filings availableVeracity Consulting Services India Private Limited reported revenue of ₹18.65 Lakh (up 68% YoY) for FY 2025.
Revenue · FY 2025
₹18.65 Lakh ▲ 68%
Net profit · FY 2025
₹3.15 Lakh margin 16.9%
EBITDA · FY 2025
₹3.86 Lakh margin 20.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 68%
3 years · compounded
▲ 15%
5 years · compounded
▼ 4%
EBITDA CAGR growth
1 year
▲ 258%
3 years · compounded
▲ 98%
5 years · compounded
▲ 19%
Revenue rose 68% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 4%. EBITDA rose 258% 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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| Total Expenses | |||||
| EBITDA | ₹3.86 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.15 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 20.7% | ||||
| Net Profit Margin | 16.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Veracity Consulting Services India Private Limited, buy the company report.
Board of directors of Veracity Consulting Services India Private Limited
Veracity Consulting Services India has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Subbaraju Hosakote Munishettappa | Director | 25 May 2010 | 16 Years 5 Months | Current |
| Pudukoli Narasimha Bhat Ashwini | Director | 21 Dec 2020 | 5 Years 10 Months | Current |
| Chaitra Yogendra | Director | 01 Jun 2012 | 14 Years 5 Months | Current |
| Padmanabha Narayan | Director | 25 May 2010 | 16 Years 5 Months | Current |
Peer comparison
Veracity Consulting Services India Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Services industry (Consulting Services, Professional Services), with the same principal business activity (accounting, book keeping and auditing activities, tax consultancy), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kishor Advisory Private Limited | ₹18.66 Lakh (FY 2025) | 273.0% | Rajkot, Gujarat, India | |||
| PDS Taxation Consultants Private Limited | ₹18.66 Lakh (FY 2024) | 2.0% | Hisar, Haryana, India | |||
| Akag Consulting Private Limited | ₹18.66 Lakh (FY 2025) | 87.0% | Noida, Uttar Pradesh, India | |||
| Veracity Consulting Services India Private Limitedthis company | ₹18.65 Lakh (FY 2025) | ₹3.15 Lakh | 16.9% | 68.0% | Bangalore, Karnataka, India | |
| Avini Advisors Private Limited | ₹18.65 Lakh (FY 2024) | -87.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Veracity Consulting Services India Private Limited, buy the company report.
Auditor
Veracity Consulting Services India Private Limited is audited by N. Srinivasan for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N. Srinivasan | FY 2017 | 025560 |
Shareholding
The shareholding of Veracity Consulting Services India Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Veracity Consulting Services India Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹3 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 May 2014 | 10500719 | Corporation Bank | ₹3 Lakh | Satisfied |
To see the full charge records of Veracity Consulting Services India Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Veracity Consulting Services India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Veracity Consulting Services India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Veracity Consulting Services India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCV2938C1ZB | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Veracity Consulting Services India Private Limited, buy the company report.
Recent activity
Veracity Consulting Services India Private Limited has 5 board changes on record since 2010: 4 appointments and 1 cessation. The latest: Pudukoli Narasimha Bhat Ashwini was appointed as Director on 21 Dec 2020.
AGM
Veracity Consulting Services India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Veracity Consulting Services India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Pudukoli Narasimha Bhat Ashwini was appointed as Director.
Charges
A charge registered on 09 May 2014 via Charge ID 10500719 with Corporation Bank was fully satisfied on 15 Jun 2017.
Ceased
Shruthi Arnadi ceased to be Director.
Charges
A charge with Corporation Bank amounted to Rs. 3.00 Lakh with Charge ID 10500719 was registered on 09 May 2014.
Appointed
Chaitra Yogendra was appointed as Director.
Appointed
Padmanabha Narayan was appointed as Director.
Appointed
Subbaraju Hosakote Munishettappa was appointed as Director.
Incorporation
25 May 2010
Veracity Consulting Services India Private Limited was registered on 25 May 2010 with Roc Bangalore & aged 16 years 5 months as per MCA records.
Frequently asked questions
Veracity Consulting Services India is an active private limited company based in Bangalore, Karnataka, India. The company works in taxation, within the professional services industry. It was incorporated on 25 May 2010 (16+ years old) and is registered under CIN U74140KA2010PTC053764.
Veracity Consulting Services India has 4 current directors:
- Subbaraju Hosakote Munishettappa - Director
- Pudukoli Narasimha Bhat Ashwini - Director
- Chaitra Yogendra - Director
- Padmanabha Narayan - Director
The latest financial statements of Veracity Consulting Services India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Veracity Consulting Services India is 29AADCV2938C1ZB, registered in Karnataka.
The CIN (Corporate Identification Number) of Veracity Consulting Services India is U74140KA2010PTC053764. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Veracity Consulting Services India was incorporated on 25 May 2010, making it 16+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Veracity Consulting Services India by revenue are Kishor Advisory Private Limited, PDS Taxation Consultants Private Limited, Akag Consulting Private Limited, Avini Advisors Private Limited, all in the Consumer Services industry (Consulting Services, Professional Services), with the same principal business activity (accounting, book keeping and auditing activities, tax consultancy).
Pudukoli Narasimha Bhat Ashwini was appointed as Director on 21 Dec 2020. Shruthi Arnadi ceased to be Director on 19 May 2014. Chaitra Yogendra was appointed as Director on 01 Jun 2012. Veracity Consulting Services India has 5 board changes on record in total.
Yes, Veracity Consulting Services India is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0105259).
Veracity Consulting Services India can be reached through the website vcsin.co.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Veracity Consulting Services India is at No.30 2nd Main Road 7th Cross N.R.Colony, Bangalore, Karnataka, India – 560019.
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