MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2021-22)
- Udyam number
- UDYAM-KR-03-0089322
Veracity Wellness Private Limited
Veracity Wellness Private Limited - food and beverages in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹5,584
▼ 98% YoY
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
Last financials
Mar 2025
Balance sheet date
Last AGM
30 Sep 2025
Annual general meeting
About Veracity Wellness Private Limited
Data last updated:
Veracity Wellness Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the bakery and confectionery products segment of the food and beverages sector. It was incorporated on 13 April 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U15412KA2021PTC146460. Its GSTIN is 29AAICV0147J1Z2 (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Kumar Kanakatte and Jayavardhan Narasimha Kanakatte.
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. 732 1st Main Bsk 3rd Stage 2nd Phase 7th Block Girinagar, Bangalore, Karnataka, India – 560085.
Veracity Wellness Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0089322).
Company Details of Veracity Wellness Private Limited
CIN U15412KA2021PTC146460
Registration Number 146460
Incorporation Date 13 April 2021
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0089322
Recognitions & Rankings of Veracity Wellness
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressNo. 732 1st Main Bsk 3rd Stage 2nd Phase 7th Block Girinagar, Bangalore, Karnataka, India – 560085
- IndustryFood and Beverages, Bakery & Confectionery Products
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Business Activity of Veracity Wellness Private Limited
The main business activity of Veracity Wellness is manufacturing. In detail, this covers manufacture of beverages.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | 11 | Manufacture of beverages | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Financials of Veracity Wellness Private Limited FY 2025 filings available
Veracity Wellness Private Limited reported revenue of ₹5,584 (down 98% YoY) for FY 2024.
Revenue · FY 2024
₹5,584 ▼ 98%
Compounded Annual Growth Rate (CAGR) of Veracity Wellness Private Limited
Revenue CAGR growth
1 year
▼ 98%
Revenue fell 98% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Veracity Wellness Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| EBITDA | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | •••• | •••• | •••• |
| 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 Wellness Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• |
| 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 Wellness are in the company report.
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Financial statements from FY 2022
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
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Board of Directors of Veracity Wellness Private Limited
Veracity Wellness has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kumar Kanakatte | Director | 13 Apr 2021 | 5 Years 6 Months | Current |
| Jayavardhan Narasimha Kanakatte | Director | 13 Apr 2021 | 5 Years 6 Months | Current |
Peer Comparison of Veracity Wellness Private Limited
Veracity Wellness Private Limited is compared with the companies closest to it by revenue in the Food and Beverages industry (Confectionery and Bakery Products). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bombay Biscuits and Crackers Private Limited | ₹7,500 (FY 2018) | •••• | •••• | 100.0% | •••• | Mumbai, Maharashtra, India |
| Jodhpur Sweets Private Limited | ₹7,130 (FY 2019) | •••• | •••• | •••• | Jodhpur, Rajasthan, India | |
| Jayshree Foods Private Limited | ₹6,860 (FY 2021) | •••• | •••• | •••• | Pune, Maharashtra, India | |
| Tulsani Amber Foods Private Limited | ₹6,284 (FY 2025) | •••• | •••• | 8.0% | •••• | Bikaner, Rajasthan, India |
| Bakers Bread Pvt Ltd | ₹6,000 (FY 2018) | •••• | •••• | -40.0% | •••• | Punjab, India |
| Veracity Wellness Private Limited this company | ₹5,584 (FY 2024) | •••• | •••• | -98.0% | •••• | Bangalore, Karnataka, India |
| Forerun Bakes and Cakes Private Limited | ₹5,275 (FY 2024) | •••• | •••• | 6.0% | •••• | Palarivattom P O, Kerala, India |
| Sanjivani Nutraceutical and Health Products Private Limited | ₹4,257 (FY 2024) | •••• | •••• | -79.0% | •••• | Pune, Maharashtra, India |
| Orchid Food Products Private Limited | ₹4,030 (FY 2025) | •••• | •••• | •••• | Siliguribazar, West Bengal, India | |
| Adroits Building Constructions Private Limited | ₹3,350 (FY 2015) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Sri Padaam Naabh Food Industries Private Limited | ₹3,140 (FY 2025) | •••• | •••• | 5.0% | •••• | Baddi, Himachal Pradesh, India |
Peers are the five companies nearest above and the five nearest below Veracity Wellness by revenue in the Food and Beverages industry (Confectionery and Bakery Products), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Ownership and Shareholding of Veracity Wellness Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
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Verified entity values are shown only after access is granted.
Charges & Borrowings of Veracity Wellness Private Limited
Veracity Wellness Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Veracity Wellness Private Limited
Veracity Wellness Private Limited has a workforce of 0 employees as of Apr 02, 2024.
Active EPFO establishments
1
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
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Recent Activity on Veracity Wellness Private Limited
Veracity Wellness Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Jayavardhan Narasimha Kanakatte was appointed as Director on 13 Apr 2021.
AGM
Veracity Wellness Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Veracity Wellness Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Jayavardhan Narasimha Kanakatte was appointed as Director.
Appointed
Kumar Kanakatte was appointed as Director.
Incorporation
13 Apr 2021
Veracity Wellness Private Limited was registered on 13 Apr 2021 with Roc Bangalore & aged 5 years 6 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Veracity Wellness Private Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
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- Director-linked violations
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MSME Payment Delays by Veracity Wellness Private Limited
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Veracity Wellness Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
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GST Compliance of Veracity Wellness Private Limited
Veracity Wellness has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICV0147J1Z2 | Karnataka | Active | 28 Apr 2021 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Veracity Wellness Private Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Frequently Asked Questions about Veracity Wellness Private Limited
Veracity Wellness is an active private limited company based in Bangalore, Karnataka, India. The company works in bakery and confectionery products, within the food and beverages industry. It was incorporated on 13 April 2021 (5+ years old) and is registered under CIN U15412KA2021PTC146460.
Veracity Wellness has 2 current directors:
- Kumar Kanakatte - Director
- Jayavardhan Narasimha Kanakatte - Director
The GSTIN of Veracity Wellness is 29AAICV0147J1Z2, registered in Karnataka.
The CIN (Corporate Identification Number) of Veracity Wellness is U15412KA2021PTC146460. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Veracity Wellness was incorporated on 13 April 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Veracity Wellness by revenue are Bombay Biscuits and Crackers Private Limited, Jodhpur Sweets Private Limited, Jayshree Foods Private Limited, Tulsani Amber Foods Private Limited, Bakers Bread Pvt Ltd and 5 more, all in the Food and Beverages industry (Confectionery and Bakery Products).
Jayavardhan Narasimha Kanakatte was appointed as Director on 13 Apr 2021. Kumar Kanakatte was appointed as Director on 13 Apr 2021.
Yes, Veracity Wellness is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0089322).
The registered office of Veracity Wellness is at No. 732 1st Main Bsk 3rd Stage 2nd Phase 7th Block Girinagar, Bangalore, Karnataka, India – 560085.
Veracity Wellness has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh.
Veracity Wellness operates in the food and beverages industry, in the bakery and confectionery products segment.