MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0077768
Veracity Powertronics Private Limited - business outsourcing in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹11.96 Cr
▲ 104% YoY
Net profit · FY 2024
₹92.54 Lakh
Net margin 7.7%
EBITDA · FY 2024
₹1.44 Cr
EBITDA margin 12.1%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹4.56 Cr
Secured borrowings
Company age
13 yrs
Est. 2013
Employees · EPFO
1
Provident fund records
About Veracity Powertronics Private Limited
Data last updated:
Veracity Powertronics Private Limited is a private limited company based in Ahmedabad, Gujarat, India, a subsidiary of Sahaj Solar Limited. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 01 January 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74140GJ2013PTC073203. Its GSTIN is 24AAECV3073H2ZD (Gujarat). The company holds 3 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 was formerly known as Veracity Tech and Advisory Services Private Limited and Veracity Electrotech Private Limited. It is led by directors including Manan Bharatkumar Brahmbhatt and Pramit Bharatkumar Brahmbhatt.
Its last annual general meeting (AGM) was held on 19 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Office No. 301 Ashirvad Paras Opp Prahladnagar Garden Satellite, Ahmedabad, Gujarat, India – 380051.
As per the financials filed for FY 2024, the company reported a revenue of ₹11.96 Cr, a growth of 104% compared to the previous year. For the same year it recorded a net profit of ₹92.54 Lakh (net margin 7.7%) and EBITDA of ₹1.44 Cr (EBITDA margin 12.1%). Revenue has grown at a compounded annual rate (CAGR) of 122% over three years and 61% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹4.56 Cr on record.
Veracity Powertronics Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0077768). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website veracityadvisory.co.in.
Company details
CIN U74140GJ2013PTC073203
Registration Number 073203
Incorporation Date 01 January 2013
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 19 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Sahaj Solar Limited
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0077768
Name history
Veracity Powertronics has undergone 6 name changes throughout its history. The current legal name is Veracity Powertronics Private Limited.
| Company Name | Status |
|---|---|
| Veracity Powertronics Private Limited | Current |
| Veracity Tech And Advisory Services Private Limited | Previous |
| Veracity Electrotech Private Limited | Previous |
| Veracity Private Limited | Previous |
| Veracity Info And Advisory Services Private Limited | Previous |
| Veracity It And Advisory Services Private Limited | Previous |
| Veracity Advisory Services Private Limited | Previous |
Key People
Manan Bharatkumar Brahmbhatt Director Pramit Bharatkumar Brahmbhatt Director Zubin Rajeshkumar Barot Additional Director Recognitions & Rankings of Veracity Powertronics
Contact details
Veracity Powertronics Private Limited's registered office is in Ahmedabad, Gujarat. Its website is veracityadvisory.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOffice No. 301 Ashirvad Paras Opp Prahladnagar Garden Satellite, Ahmedabad, Gujarat, India – 380051
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Veracity Powertronics Private Limited, buy the company report.
Comprehensive company report
Veracity Powertronics 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Veracity Powertronics is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Veracity Powertronics Private Limited, buy the company report.
Financials of Veracity Powertronics Private Limited
FY 2025 filings availableVeracity Powertronics Private Limited reported revenue of ₹11.96 Cr (up 104% YoY) for FY 2024.
Revenue · FY 2024
₹11.96 Cr ▲ 104%
Net profit · FY 2024
₹92.54 Lakh margin 7.7%
EBITDA · FY 2024
₹1.44 Cr margin 12.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 104%
3 years · compounded
▲ 122%
5 years · compounded
▲ 61%
EBITDA CAGR growth
1 year
▲ 316%
3 years · compounded
▲ 112%
5 years · compounded
▲ 107%
Revenue has grown at a compounded annual rate (CAGR) of 61% over five years, including 104% growth in the latest year. EBITDA rose 316% 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 |
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| EBITDA | ₹1.44 Cr | ||||
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| Net Profit (PAT) | ₹92.54 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 12.1% | ||||
| Net Profit Margin | 7.7% | ||||
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To see the full financial statements and ratios of Veracity Powertronics Private Limited, buy the company report.
Board of directors of Veracity Powertronics Private Limited
Veracity Powertronics has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manan Bharatkumar Brahmbhatt Also directs: Sahaj PV Ancillary Private Limited, Veracity Renewable Energy Private Limited, Sunventa Power Private Limited and 4 more | Director | 07 Aug 2019 | 7 Years 2 Months | Current |
| Pramit Bharatkumar Brahmbhatt Also directs: Sahaj PV Ancillary Private Limited, Veracity Renewable Energy Private Limited, Sunventa Power Private Limited and 5 more | Director | 01 Jan 2013 | 13 Years 9 Months | Current |
| Zubin Rajeshkumar Barot Also directs: Creacent Elecinfra Private Limited | Additional Director | 26 Aug 2025 | 1 Years 1 Months | Current |
Auditor
Veracity Powertronics Private Limited is audited by K H TRIVEDI & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K H TRIVEDI & CO | FY 2023 | 036390 |
Shareholding
The shareholding of Veracity Powertronics 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 Powertronics Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4.56 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Jun 2023 | 100733230 | Hdfc Bank Limited | ₹4.56 Cr | Open |
To see the full charge records of Veracity Powertronics Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Veracity Powertronics 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
Veracity Powertronics Private Limited has 3 MSME Form 1 returns on record between 2018 and 2020, listing 4 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Veracity Powertronics Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Veracity Powertronics Private Limited has a workforce of 1 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
Employee count
1
Active EPFO establishments
1
GST
Veracity Powertronics has 3 GST registrations: 1 active and 2 cancelled or inactive.
Total GSTINs
3
Active
1
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECV3073H2ZD | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Veracity Powertronics Private Limited, buy the company report.
Recent activity
Veracity Powertronics Private Limited has 6 board changes on record since 2013: 3 appointments and 3 cessations. The latest: Zubin Rajeshkumar Barot was appointed as Additional Director on 26 Aug 2025.
Charges
A charge with Hdfc Bank Limited of Rs. 456.48 Lakh registered on 06 Jun 2023 with Charge ID 100733230 was modified on 20 Sep 2025.
AGM
Veracity Powertronics Private Limited last Annual general meeting of members was held on 19 Sep 2025 as per latest MCA records.
Appointed
Zubin Rajeshkumar Barot was appointed as Additional Director.
Filing
Veracity Powertronics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Pramit Bharatkumar Brahmbhatt ceased to be Whole-Time Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 456.48 Lakh with Charge ID 100733230 was registered on 06 Jun 2023.
Ceased
Kanaksinh Agarsinh Gohil ceased to be Director.
Appointed
Manan Bharatkumar Brahmbhatt was appointed as Director.
Ceased
Manan Bharatkumar Brahmbhatt ceased to be Director.
Appointed
Pramit Bharatkumar Brahmbhatt was appointed as Director.
Incorporation
01 Jan 2013
Veracity Powertronics Private Limited was registered on 01 Jan 2013 with Roc Ahmedabad & aged 13 years 9 months as per MCA records.
Frequently asked questions
Veracity Powertronics is an active private limited company based in Ahmedabad, Gujarat, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 01 January 2013 (13+ years old) and is registered under CIN U74140GJ2013PTC073203.
Veracity Powertronics has 3 current directors:
- Manan Bharatkumar Brahmbhatt - Director
- Pramit Bharatkumar Brahmbhatt - Director
- Zubin Rajeshkumar Barot - Additional Director
The latest financial statements of Veracity Powertronics on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 19 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Veracity Powertronics is 24AAECV3073H2ZD, registered in Gujarat. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Veracity Powertronics is U74140GJ2013PTC073203. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Veracity Powertronics was incorporated on 01 January 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Zubin Rajeshkumar Barot was appointed as Additional Director on 26 Aug 2025. Pramit Bharatkumar Brahmbhatt ceased to be Whole-Time Director on 22 Sep 2024. Kanaksinh Agarsinh Gohil ceased to be Director on 08 Aug 2019. Veracity Powertronics has 6 board changes on record in total.
Yes, Veracity Powertronics is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0077768).
Veracity Powertronics has 3 MSME Form 1 returns on record between 2018 and 2020, listing 4 overdue payments to 2 micro and small suppliers. The latest return was filed on 23 Apr 2020.
Veracity Powertronics can be reached through the website veracityadvisory.co.in. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Veracity Powertronics is at Office No. 301 Ashirvad Paras Opp Prahladnagar Garden Satellite, Ahmedabad, Gujarat, India – 380051.