About Verakki Tech Services Private Limited
Data last updated:
Verakki Tech Services Private Limited was a private limited company based in Dabagardens, Andhra Pradesh, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 27 June 2016.
The company was registered with the Registrar of Companies (ROC), Vijayawada, under CIN U74999AP2016PTC103554. Its GSTIN is 36AAFCV5437Q1ZL (Telangana). The company held 2 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Ramesh Mandavyapuram Reddy and Karunadhara Reddy Tippireddy.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at Flat No – C3 2nd Floor Pavan Enclave Opposite Hdfc Bank, Dabagardens, Andhra Pradesh, India – 530020.
As per the financials filed for FY 2018, the company reported a revenue of ₹81.98 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹2.55 Lakh (net margin 3.1%) and EBITDA of ₹7.34 Lakh (EBITDA margin 9%).
The last known website on record is verakki.com.
Company details
Contact details
Verakki Tech Services Private Limited's registered office is in Dabagardens, Andhra Pradesh. Its website is verakki.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressFlat No – C3 2nd Floor Pavan Enclave Opposite Hdfc Bank, Dabagardens, Andhra Pradesh, India – 530020
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Verakki Tech Services 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
Business activity
The main business activity of Verakki Tech Services is support service to organizations. In detail, this covers placement agencies and hr management services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N2 | Placement agencies and HR management services |
To see the full business activity and turnover split of Verakki Tech Services Private Limited, buy the company report.
Financials of Verakki Tech Services Private Limited
FY 2018 filings availableVerakki Tech Services Private Limited reported revenue of ₹81.98 Lakh (up 483% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue rose 483% in the latest year. EBITDA rose 121% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 |
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| EBITDA | ₹7.34 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹2.55 Lakh | |
| Balance Sheet | ||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 9% | |
| Net Profit Margin | 3.1% | |
| Return on Equity (ROE) | ||
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To see the full financial statements and ratios of Verakki Tech Services Private Limited, buy the company report.
Board of directors of Verakki Tech Services Private Limited
Verakki Tech Services has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramesh Mandavyapuram Reddy Also directs: Welfare Agritech Private Limited, Harithandhra Farm Products Private Limited, KRR Farm Products Private Limited and 1 more | Director | 27 Jun 2016 | 10 Years 4 Months | As last reported |
| Karunadhara Reddy Tippireddy | Director | 27 Jun 2016 | 10 Years 4 Months | As last reported |
| Rajeev Kumar Patel Also directs: Rajnehap Tech Services Private Limited | Director | 27 Jun 2016 | 10 Years 4 Months | As last reported |
Peer comparison
Verakki Tech Services Private Limited is compared with the 4 companies closest to it by revenue in the Outsourcing industry (HR Outsourcing), with the same principal business activity (placement agencies and hr management services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Klariant Business Solutions Private Limited | ₹82.1 Lakh (FY 2025) | 113.0% | Delhi, India | |||
| A2s HR Services Private Limited | ₹81.98 Lakh (FY 2022) | Miraroadeast, Maharashtra, India | ||||
| Verakki Tech Services Private Limitedthis company | ₹81.98 Lakh (FY 2018) | ₹2.55 Lakh | 3.1% | 483.0% | Dabagardens, Andhra Pradesh, India | |
| Ananta Resource Management Private Limited | ₹81.82 Lakh (FY 2025) | 61.0% | Mumbai, Maharashtra, India | |||
| Kapil Consultancy Recruitment Services Private Limited | ₹81.8 Lakh (FY 2025) | 79.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Verakki Tech Services Private Limited, buy the company report.
Auditor
Verakki Tech Services Private Limited is audited by ASHOK ANUSHA & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ASHOK ANUSHA & ASSOCIATES | FY 2017 | 014546S |
Shareholding
The shareholding of Verakki Tech Services Private Limited is on record for FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Verakki Tech Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Verakki Tech Services 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
No delayed payments to MSME suppliers are on our record for Verakki Tech Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Verakki Tech Services Private Limited has 1 active EPFO establishment as of Apr 04, 2024.
GST
Verakki Tech Services has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAFCV5437Q1ZL | Telangana | Active | 25 Aug 2018 |
To see the full GST registrations and return filing status of Verakki Tech Services Private Limited, buy the company report.
Recent activity
Verakki Tech Services Private Limited has 4 board changes on record since 2016: 3 appointments and 1 cessation. The latest: Venkata Reddy Tippireddi ceased to be Director on 03 Jul 2019.
Frequently asked questions
Verakki Tech Services has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Verakki Tech Services was a private limited company based in Dabagardens, Andhra Pradesh, India. The company worked in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 27 June 2016 and is registered under CIN U74999AP2016PTC103554. The company has been struck off by the Registrar of Companies and is no longer operational.
Verakki Tech Services had 3 directors:
- Ramesh Mandavyapuram Reddy - Director
- Karunadhara Reddy Tippireddy - Director
- Rajeev Kumar Patel - Director
The CIN (Corporate Identification Number) of Verakki Tech Services is U74999AP2016PTC103554. 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 Verakki Tech Services is at Flat No – C3 2nd Floor Pavan Enclave Opposite Hdfc Bank, Dabagardens, Andhra Pradesh, India – 530020.
Verakki Tech Services was incorporated on 27 June 2016. It is registered with the Registrar of Companies, Vijayawada.
Verakki Tech Services can be reached through the website verakki.com. Its registered office is in Dabagardens, Andhra Pradesh, India.
The latest financial statements of Verakki Tech Services on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Verakki Tech Services is 36AAFCV5437Q1ZL, registered in Telangana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
Verakki Tech Services operated in the business outsourcing industry, in the HR outsourcing and talent management segment. It worked in this industry before it was struck off.
The peers of Verakki Tech Services by revenue are Klariant Business Solutions Private Limited, A2s HR Services Private Limited, Ananta Resource Management Private Limited, Kapil Consultancy Recruitment Services Private Limited, all in the Outsourcing industry (HR Outsourcing), with the same principal business activity (placement agencies and hr management services).
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