MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-CG-14-0049762
Veracity Lift Private Limited - machinery and equipment in Raipur, Chhattisgarh, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹1.2 Cr
▲ 139% YoY
Net profit · FY 2024
₹3.07 Lakh
Net margin 2.6%
EBITDA · FY 2024
₹5.21 Lakh
EBITDA margin 4.3%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹42.38 Lakh
Secured borrowings
Company age
11 yrs
Est. 2015
Directors on board
2
As per MCA filings
About Veracity Lift Private Limited
Data last updated:
Veracity Lift Private Limited is a private limited company based in Raipur, Chhattisgarh, India. It operates in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 08 July 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Chhattisgarh, under CIN U29241CT2015PTC001808. Its GSTIN is 22AAFCV1684D2ZJ (Chattisgarh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Shail Bai Sahu and Sukhdev Sahu.
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 Jyoti Nagar Laxmi Kiran Pass Mathpuren, Raipur, Chhattisgarh, India – 492013.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.2 Cr, a growth of 139% compared to the previous year. For the same year it recorded a net profit of ₹3.07 Lakh (net margin 2.6%) and EBITDA of ₹5.21 Lakh (EBITDA margin 4.3%). Revenue has grown at a compounded annual rate (CAGR) of 79% over three years and 19% over five years.
As per MCA filings, the company has open charges of ₹42.38 Lakh on record. Court records list 1 case involving the company, including 1 filed against it.
Veracity Lift Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-CG-14-0049762). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website veracitylifts.com.
Company details
CIN U29241CT2015PTC001808
Registration Number 001808
Incorporation Date 08 July 2015
ROC Chhattisgarh
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-CG-14-0049762
Key People
Shail Bai Sahu Director Sukhdev Sahu Director Recognitions & Rankings of Veracity Lift
Contact details
Veracity Lift Private Limited's registered office is in Raipur, Chhattisgarh. Its website is veracitylifts.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressJyoti Nagar Laxmi Kiran Pass Mathpuren, Raipur, Chhattisgarh, India – 492013
- IndustryMachinery and Equipment, Material Handling & Storage Equipment
To see the full contact details of Veracity Lift Private Limited, buy the company report.
Comprehensive company report
Veracity Lift 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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Business activity
The main business activity of Veracity Lift is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Veracity Lift Private Limited, buy the company report.
Financials of Veracity Lift Private Limited
FY 2025 filings availableVeracity Lift Private Limited reported revenue of ₹1.2 Cr (up 139% YoY) for FY 2024.
Revenue · FY 2024
₹1.2 Cr ▲ 139%
Net profit · FY 2024
₹3.07 Lakh margin 2.6%
EBITDA · FY 2024
₹5.21 Lakh margin 4.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 139%
3 years · compounded
▲ 79%
5 years · compounded
▲ 19%
EBITDA CAGR growth
1 year
▲ 215%
3 years · compounded
▲ 70%
5 years · compounded
▲ 9%
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 139% growth in the latest year. EBITDA rose 215% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
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| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹5.21 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.07 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.3% | ||||
| Net Profit Margin | 2.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Veracity Lift Private Limited, buy the company report.
Board of directors of Veracity Lift Private Limited
Veracity Lift has 2 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 |
|---|---|---|---|---|
| Shail Bai Sahu | Director | 01 Sep 2016 | 10 Years 1 Months | Current |
| Sukhdev Sahu | Director | 08 Jul 2015 | 11 Years 3 Months | Current |
Auditor
Veracity Lift Private Limited is audited by RAKESH CHOUHAN & COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAKESH CHOUHAN & COMPANY | FY 2023 | 019786C |
Shareholding
The shareholding of Veracity Lift Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Veracity Lift Private Limited, buy the company report.
Charges & borrowings
Open charges
₹42.38 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jan 2025 | 101041221 | Others | ₹24.91 Lakh | Open | |
| 22 Nov 2024 | 101006651 | Others | ₹17.47 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
Veracity Lift Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by RBL Bank Ltd | Disposed |
To see the full case history of Veracity Lift Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Veracity Lift Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Veracity Lift has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 22AAFCV1684D2ZJ | Chattisgarh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Veracity Lift Private Limited, buy the company report.
Recent activity
Veracity Lift Private Limited has 3 board changes on record since 2015: 2 appointments and 1 cessation. The latest: Ramesh Sahu ceased to be Director on 01 Sep 2016.
AGM
Veracity Lift Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Veracity Lift Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chhattisgarh.
Charges
A charge with Others amounted to Rs. 24.91 Lakh with Charge ID 101041221 was registered on 31 Jan 2025.
Charges
A charge with Others amounted to Rs. 17.47 Lakh with Charge ID 101006651 was registered on 22 Nov 2024.
Ceased
Ramesh Sahu ceased to be Director.
Appointed
Shail Bai Sahu was appointed as Director.
Appointed
Sukhdev Sahu was appointed as Director.
Incorporation
08 Jul 2015
Veracity Lift Private Limited was registered on 08 Jul 2015 with Roc Chhattisgarh & aged 11 years 3 months as per MCA records.
Frequently asked questions
Veracity Lift is an active private limited company based in Raipur, Chhattisgarh, India. The company works in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 08 July 2015 (11+ years old) and is registered under CIN U29241CT2015PTC001808.
Veracity Lift has 2 current directors:
- Shail Bai Sahu - Director
- Sukhdev Sahu - Director
The latest financial statements of Veracity Lift 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 FY 2016 are in the company report.
The GSTIN of Veracity Lift is 22AAFCV1684D2ZJ, registered in Chattisgarh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Veracity Lift is U29241CT2015PTC001808. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Veracity Lift has 1 court case on record: 1 filed against it.
Veracity Lift was incorporated on 08 July 2015, making it 11+ years old. It is registered with the Registrar of Companies, Chhattisgarh.
Ramesh Sahu ceased to be Director on 01 Sep 2016. Shail Bai Sahu was appointed as Director on 01 Sep 2016. Sukhdev Sahu was appointed as Director on 08 Jul 2015.
Yes, Veracity Lift is registered as a micro enterprise under Udyam registration (number: UDYAM-CG-14-0049762).
Veracity Lift can be reached through the website veracitylifts.com. Its registered office is in Raipur, Chhattisgarh, India.