Veras Pharmaceuticals Private Limited - Company Profile

It is a pharma private limited company based in Vizianagaram, Andhra Pradesh, India, established in 1991.
1991 Vizianagaram, Andhra Pradesh, India Active
Last Updated:
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About Veras Pharmaceuticals Private Limited

Veras Pharmaceuticals Private Limited, a active private limited company, was established on 04 April 1991 in Vizianagaram, Andhra Pradesh, India. Engaging in pharmaceutical retailers & distributors within the manufacturing sector, it holds CIN: U24239AP1991PTC012522. Registered under ROC Roc Vijayawada. it is unlisted. It has an authorized capital of ₹3.00 M and a paid-up capital of ₹3.00 M.

It upholds a compliant status. Its leadership includes Trinadhareddy D (Director), Ranga Rao Maturi (Director), Venkateswara Rao Vulli (Director). Past directors included Lakshmi Narayana Prasad Gupta Vulli, Radha Devi Vulli. It holds ₹1.00 M open charges and ₹1.00 M settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at Sy No 56/11 To 14,, Chelavuru, Vizianagaram, Andhra Pradesh, 535005.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U24239AP1991PTC012522

  • Registration Number

    012522

  • Incorporation Date

    04 April 1991

  • Authorized Capital

    ₹3.00 M

  • Paid-Up Capital

    ₹3.00 M

  • ROC Code

    Roc Vijayawada

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 3.00 M
  • Paid Up Capital ₹ 3.00 M
  • Company Age 34 Year, 10 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 1.00 M
  • Satisfied Charges ₹ 1.00 M
  • Revenue Growth **** -24.07%
  • Profit Growth **** -62.18%
  • Ebitda **** -70.74%
  • Net Worth 67.03%
  • Total Assets -5.92%
Company report

Veras Pharmaceuticals Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Veras Pharmaceuticals Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Veras Pharmaceuticals Private Limited?
Current Directors
Name Designation Appointment Date Status
Trinadhareddy D Director 27 Jun 1995 Current
Ranga Rao Maturi Director 27 Jun 1995 Current
Venkateswara Rao Vulli Director 04 Apr 1991 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Managing Director 12 Apr 2021 Past
Pramod Abcsdd Director 01 Feb 2023 Past

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Financial Performance of Veras Pharmaceuticals.

Veras Pharmaceuticals Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 24.07% decrease. The company also saw a substantial fall in profitability, with a 62.18% decrease in profit. The company's net worth Soared by an impressive increase of 67.03%.

Veras Pharmaceuticals revenue growth over time
Veras Pharmaceuticals profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 -24.07%
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Revenue from Operations
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 -24.34%
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*******
*******
Total Assets
*******
 -5.92%
*******
*******
*******
*******
Profit or Loss
*******
 -62.18%
*******
*******
*******
*******
Net Worth
*******
 67.03%
*******
*******
*******
*******
EBITDA
*******
 -70.74%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Veras Pharmaceuticals?

In 2018, Veras Pharmaceuticals had a promoter holding of 48.78% and a public holding of 51.22%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹1,000,000.00

Satisfied Charges

₹1,000,000.00

Charges Breakdown by Lending Institutions
  • Canara Bank : 0.10 Cr
Latest Charge Details
Date Lender Amount Status
26 Dec 2014 Canara Bank ₹1.00 M Open
29 Aug 1998 Canara Bank ₹0.40 M Satisfied
19 Jul 1996 Canara Bank ₹0.60 M Satisfied

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How Many Employees Work at Veras Pharmaceuticals?

Unlock and access historical data on people associated with Veras Pharmaceuticals, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Veras Pharmaceuticals, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Veras Pharmaceuticals's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Veras Pharmaceuticals
Recent Activity within the Organization
  • Annual General Meeting

    Veras Pharmaceuticals Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Progress on Veras Pharmaceuticals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Vijayawada. was documented.

  • Charges

    A charge registered on 29 Aug 1998 via Charge ID 90121224 with Canara Bank was fully satisfied on 16 Feb 2015. was recorded as a recent event.

  • Charges

    The activity A charge registered on 19 Jul 1996 via Charge ID 90123866 with Canara Bank was fully satisfied on 16 Feb 2015. was completed.

  • Charges

    The activity A charge with Canara Bank amounted to Rs. 1.00 M with Charge ID 10543997 was registered on 26 Dec 2014. was completed.

  • Charges

    A charge with Canara Bank amounted to Rs. 0.40 M with Charge ID 90121224 was registered on 29 Aug 1998. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Veras Pharmaceuticals Private Limited?

The CIN of Veras Pharmaceuticals Private Limited is U24239AP1991PTC012522.

Where is Veras Pharmaceuticals Private Limited headquartered?

Veras Pharmaceuticals Private Limited is headquartered at Sy No 56/11 To 14,, Chelavuru, Vizianagaram, Andhra Pradesh, 535005.

When was Veras Pharmaceuticals Private Limited incorporated?

Veras Pharmaceuticals Private Limited was incorporated on 04 April 1991.

Who are the current directors of Veras Pharmaceuticals Private Limited?

The current directors of Veras Pharmaceuticals Private Limited are

What is the primary industry of Veras Pharmaceuticals Private Limited?

The primary industry of Veras Pharmaceuticals Private Limited is Manufacturing.

Is Veras Pharmaceuticals Private Limited a listed company?

Veras Pharmaceuticals Private Limited is unlisted.

What is the capital structure of Veras Pharmaceuticals Private Limited?

The authorized capital of Veras Pharmaceuticals Private Limited is ₹3.00 M, and the paid-up capital is ₹3.00 M.

What is the compliance status of Veras Pharmaceuticals Private Limited?

The compliance status of Veras Pharmaceuticals Private Limited is Compliant.

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