About Veracity Recycler Private Limited
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Veracity Recycler Private Limited is a private limited company based in Ahmedabad, Gujarat, India, a subsidiary of Veracity Financial Services Private Limited. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 15 March 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U38300GJ2010PTC083232. Its GSTIN is 24AADCK8856A1ZN (Gujarat). The company holds 5 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹85 Lakh. It was formerly known as Krishco Broking Services Private Limited and Krishco Comex Services (India) Private Limited. It is led by directors Manan Bharatkumar Brahmbhatt and Pramit Bharatkumar Brahmbhatt.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2023, the company reported a revenue of ₹7.45 Lakh. For the same year it recorded a net profit of ₹4.4 Lakh (net margin 59%) and EBITDA of -₹55,653 (EBITDA margin -7.5%). Revenue has declined at a compounded annual rate (CAGR) of 41% over three years and 21% over five years.
As per MCA filings, the company has open charges of ₹5.1 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website veracity.co.in.
Company details
Name history
Veracity Recycler has undergone 2 name changes throughout its history. The company was previously known as Krishco Broking Services Private Limited, and Krishco Comex Services (India) Private Limited. The current legal name is Veracity Recycler Private Limited.
| Company Name | Status |
|---|---|
| Veracity Recycler Private Limited | Current |
| Krishco Broking Services Private Limited | Previous |
| Krishco Comex Services (India) Private Limited | Previous |
CIN history
Veracity Recycler has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U38300GJ2010PTC083232, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U38300GJ2010PTC083232 | Current |
| U52390GJ2010PTC059871 | Previous |
| U52390DN2010PTC000364 | Previous |
| U52390GJ2010PTC083232 | Previous |
Contact details
Veracity Recycler Private Limited's registered office is in Ahmedabad, Gujarat. Its website is veracity.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOffice No. 301 Ashirvad Paras Opp Prahladnagar Garden Satellite Ahmeda, Bad, Ahmedabad, Gujarat, India – 380051
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Veracity Recycler Private Limited, buy the company report.
- 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
Financials of Veracity Recycler Private Limited
FY 2024 filings availableVeracity Recycler Private Limited reported revenue of ₹7.45 Lakh for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 21% over five years. 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹7.45 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹55,653 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.4 Lakh | ||||
| 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -7.5% | ||||
| Net Profit Margin | 59% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
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| 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 Recycler Private Limited, buy the company report.
Board of directors of Veracity Recycler Private Limited
Veracity Recycler has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| 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 Dec 2019 | 6 Years 11 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 | 10 Jul 2015 | 11 Years 3 Months | Current |
Auditor
Veracity Recycler Private Limited is audited by ROHAN THAKKAR & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ROHAN THAKKAR & CO | FY 2023 | 135131 |
Shareholding
The shareholding of Veracity Recycler 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Veracity Recycler Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 May 2025 | 101099335 | Hdfc Bank Limited | ₹5.1 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Veracity Recycler 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 Recycler Private Limited has 7 MSME Form 1 returns on record between 2018 and 2020, listing 7 overdue payments to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier |
To see the full MSME payment records of Veracity Recycler Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Veracity Recycler has 5 GST registrations: 1 active and 4 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCK8856A1ZN | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Veracity Recycler Private Limited, buy the company report.
Recent activity
Veracity Recycler Private Limited has 5 board changes on record since 2010: 2 appointments and 3 cessations. The latest: Kanaksinh Agarsinh Gohil ceased to be Director on 09 Dec 2019.
Frequently asked questions
Veracity Recycler is an active private limited company based in Ahmedabad, Gujarat, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 15 March 2010 (16+ years old) and is registered under CIN U38300GJ2010PTC083232.
Veracity Recycler has 2 current directors:
- Manan Bharatkumar Brahmbhatt - Director
- Pramit Bharatkumar Brahmbhatt - Director
The latest financial statements of Veracity Recycler on record with the MCA are for the year ended 31 March 2024. 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 Recycler is 24AADCK8856A1ZN, registered in Gujarat. The company has 5 GST registrations in all, of which 1 is active and 4 are cancelled or inactive.
The CIN (Corporate Identification Number) of Veracity Recycler is U38300GJ2010PTC083232. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Veracity Recycler was incorporated on 15 March 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Kanaksinh Agarsinh Gohil ceased to be Director on 09 Dec 2019. Manan Bharatkumar Brahmbhatt was appointed as Director on 07 Dec 2019. Manan Bharatkumar Brahmbhatt ceased to be Director on 11 Jul 2015. Veracity Recycler has 5 board changes on record in total.
Veracity Recycler has 7 MSME Form 1 returns on record between 2018 and 2020, listing 7 overdue payments to 1 micro and small supplier. The latest return was filed on 21 Apr 2020.
Veracity Recycler can be reached through the website veracity.co.in. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Veracity Recycler is at Office No. 301 Ashirvad Paras Opp Prahladnagar Garden Satellite Ahmeda, Bad, Ahmedabad, Gujarat, India – 380051.
Veracity Recycler operates in the financial services industry, in the diversified financial services segment.
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