Veracity Tradecom Private Limited
About Veracity Tradecom Private Limited
Data last updated:
Veracity Tradecom Private Limited was a private limited company based in Kolkata, West Bengal, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the wholesale distribution segment of the trading and commerce sector. It was incorporated on 27 May 2009.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909WB2009PTC135361.
The company had an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1.8 Lakh. It was led by directors Asis Kumar Das and Sumeet Agarwal.
Its last annual general meeting (AGM) was held on 28 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at 113 Jaigirghat Road Thakurpukur, Kolkata, West Bengal, India – 700063.
As per the financials filed for FY 2019, the company reported a revenue of ₹2.33 Lakh, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹1.38 Lakh (net margin 59.3%) and EBITDA of ₹1.38 Lakh (EBITDA margin 59.3%).
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- Registered Address113 Jaigirghat Road Thakurpukur, Kolkata, West Bengal, India – 700063
- IndustryTrading, Other Wholesale, Wholesale
- 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
- One PDF report, delivered after checkout
Financials of Veracity Tradecom Private Limited FY 2018 filings available
Veracity Tradecom Private Limited reported revenue of ₹2.33 Lakh (down 12% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of Veracity Tradecom Private Limited
Revenue fell 12% 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 of Veracity Tradecom Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹2.33 Lakh | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.38 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.38 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 of Veracity Tradecom Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 59.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 59.3% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Veracity Tradecom are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of Veracity Tradecom Private Limited
Veracity Tradecom Private Limited is audited by NUNDI & ASSOCIATES for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| NUNDI & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Veracity Tradecom Private Limited
Veracity Tradecom has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Asis Kumar Das | Director | 03 Mar 2018 | 8 Years 7 Months | As last reported |
| Sumeet Agarwal | Director | 03 Mar 2018 | 8 Years 7 Months | As last reported |
Ownership and Shareholding of Veracity Tradecom Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Veracity Tradecom Private Limited
Veracity Tradecom Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Veracity Tradecom Private Limited
Employment history and EPFO contributions of people linked to Veracity Tradecom.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Veracity Tradecom Private Limited
Veracity Tradecom has 1 associated company. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
Recent Activity on Veracity Tradecom Private Limited
Veracity Tradecom Private Limited has 8 board changes on record since 2011: 2 appointments and 6 cessations. The latest: Asis Kumar Das ceased to be Director on 27 Sep 2018.
Credit Ratings, Litigation & Regulatory Alerts for Veracity Tradecom Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Veracity Tradecom Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Veracity Tradecom Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Veracity Tradecom Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Veracity Tradecom Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Veracity Tradecom Private Limited
Veracity Tradecom has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Veracity Tradecom was a private limited company based in Kolkata, West Bengal, India. The company worked in other wholesale, within the trading industry. It was incorporated on 27 May 2009 and is registered under CIN U51909WB2009PTC135361. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Veracity Tradecom was incorporated on 27 May 2009. It is registered with the Registrar of Companies, Kolkata.
Veracity Tradecom had 2 directors:
- Asis Kumar Das - Director
- Sumeet Agarwal - Director
The CIN (Corporate Identification Number) of Veracity Tradecom is U51909WB2009PTC135361. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Veracity Tradecom is at 113 Jaigirghat Road Thakurpukur, Kolkata, West Bengal, India – 700063.
Veracity Tradecom reported revenue of ₹2.33 Lakh for FY 2019 (down 12% YoY).
Veracity Tradecom has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1.8 Lakh.
Veracity Tradecom reported a net profit of ₹1.38 Lakh (net margin 59.3%) and EBITDA of ₹1.38 Lakh (EBITDA margin 59.3%) for FY 2019, as per its filed financial statements.
Veracity Tradecom operated in the trading industry, in the other wholesale segment.