DPIIT recognised startup Government of India
Startup India
Verastar Solutions Private Limited - information technology in Sanpada, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹15.57 Cr
▲ 112% YoY
Net profit · FY 2025
₹64.42 Lakh
Net margin 4.1%
EBITDA · FY 2025
₹88.02 Lakh
EBITDA margin 5.7%
Authorised capital
₹1 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
About Verastar Solutions Private Limited
Data last updated:
Verastar Solutions Private Limited is a private limited company based in Sanpada, Maharashtra, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 07 July 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2021PTC363414. Its GSTIN is 27AAICV1501E1ZP (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Reshma Ismail Patel and Shama Ilyas Patel.
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 Flat – 502 Sai Ansh Chs Plot No. 7 Sector 11 Sanpada, Maharashtra, India – 400705.
As per the financials filed for FY 2025, the company reported a revenue of ₹15.57 Cr, a growth of 112% compared to the previous year. For the same year it recorded a net profit of ₹64.42 Lakh (net margin 4.1%) and EBITDA of ₹88.02 Lakh (EBITDA margin 5.7%). Revenue has grown at a compounded annual rate (CAGR) of 109% over three years.
The company is associated with 1 brand: Verastar Solutions.
Verastar Solutions Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-33-0103133). For more details, the company can be reached via its website verastarsolutions.in.
Company Details of Verastar Solutions Private Limited
CIN U72900MH2021PTC363414
Registration Number 363414
Incorporation Date 07 July 2021
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification MSME
Udyam Registration UDYAM-MH-33-0103133
Recognitions & Rankings of Verastar Solutions
MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-MH-33-0103133
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressFlat – 502 Sai Ansh Chs Plot No. 7 Sector 11 Sanpada, Maharashtra, India – 400705
- IndustryInformation Technology, IT Consulting & Support Services
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Associated Brands with Verastar Solutions Private Limited
Verastar Solutions operates one associated brand: Verastar Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers IT solutions, services, and consultations for various industries worldwide. | verastarsolutions.in |
Business Activity of Verastar Solutions Private Limited
The main business activity of Verastar Solutions is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | 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
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Financials of Verastar Solutions Private Limited FY 2025 filings available
Verastar Solutions Private Limited reported revenue of ₹15.57 Cr (up 112% YoY) for FY 2025.
Revenue · FY 2025
₹15.57 Cr ▲ 112%
Net profit · FY 2025
₹64.42 Lakh margin 4.1%
EBITDA · FY 2025
₹88.02 Lakh margin 5.7%
Compounded Annual Growth Rate (CAGR) of Verastar Solutions Private Limited
Revenue CAGR growth
1 year
▲ 112%
3 years · compounded
▲ 109%
EBITDA CAGR growth
3 years · compounded
▲ 267%
Revenue has grown at a compounded annual rate (CAGR) of 109% over three years, including 112% growth 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 Verastar Solutions Private Limited
| Metrics | FY 2024-25 | 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 | ₹88.02 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹64.42 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 Verastar Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 5.7% | •••• | •••• | •••• |
| Net Profit Margin | 4.1% | •••• | •••• | •••• |
| 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 Verastar Solutions are in the company report.
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Financial statements from FY 2022
Earlier years and trend charts are in the company report.
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Board of Directors of Verastar Solutions Private Limited
Verastar Solutions has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Reshma Ismail Patel | Director | 07 Jul 2021 | 5 Years 3 Months | Current |
| Shama Ilyas Patel | Director | 07 Jul 2021 | 5 Years 3 Months | Current |
Peer Comparison of Verastar Solutions Private Limited
Verastar Solutions Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Consulting and Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tech Blue Software Private Limited | ₹15.75 Cr (FY 2024) | •••• | •••• | -39.0% | •••• | Gurugram, Haryana, India |
| Generations United Private Limited | ₹15.73 Cr (FY 2024) | •••• | •••• | -65.0% | •••• | Kolkata, West Bengal, India |
| Augusta Hitech Soft Solutions Private Limited | ₹15.66 Cr (FY 2024) | •••• | •••• | -3.0% | •••• | Coimbatore, Tamil Nadu, India |
| Bridge Global Software Solutions Private Limited | ₹15.6 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | Kochi, Kerala, India |
| Vbi Software Private Limited | ₹15.58 Cr (FY 2024) | •••• | •••• | 607.0% | •••• | Gurgaon, Haryana, India |
| Verastar Solutions Private Limited this company | ₹15.57 Cr (FY 2025) | •••• | •••• | 112.0% | •••• | Sanpada, Maharashtra, India |
| Blueed Technology Private Limited | ₹15.55 Cr (FY 2024) | •••• | •••• | 2.0% | •••• | Bangalore, Karnataka, India |
| Saven Nova Technologies Private Limited | ₹15.52 Cr (FY 2024) | •••• | •••• | 44.0% | •••• | Hyderabad, Telangana, India |
| Gate 1 Travel India Private Limited | ₹15.51 Cr (FY 2025) | •••• | •••• | 395.0% | •••• | Faridabad, Haryana, India |
| Outline Software Solutions Private Limited | ₹15.51 Cr (FY 2019) | •••• | •••• | 65.0% | •••• | Chandigarh, India |
| Prosoc Technologies Private Limited | ₹15.5 Cr (FY 2021) | •••• | •••• | 64.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Verastar Solutions by revenue in the Information Technology industry (IT Consulting and Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Verastar Solutions Private Limited
Verastar Solutions Private Limited is audited by MSU & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MSU & Co. | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Verastar Solutions Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Verastar Solutions Private Limited
Verastar Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Verastar Solutions Private Limited
Verastar Solutions Private Limited has a workforce of 0 employees as of Apr 05, 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.
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Recent Activity on Verastar Solutions Private Limited
Verastar Solutions Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Reshma Ismail Patel was appointed as Director on 07 Jul 2021.
AGM
Verastar Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Verastar Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Appointed
Reshma Ismail Patel was appointed as Director.
Appointed
Shama Ilyas Patel was appointed as Director.
Incorporation
07 Jul 2021
Verastar Solutions Private Limited was registered on 07 Jul 2021 with Roc Mumbai & aged 5 years 3 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Verastar Solutions Private Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
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MSME Payment Delays by Verastar Solutions Private Limited
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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 Verastar Solutions Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Verastar Solutions Private Limited
Verastar Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICV1501E1ZP | Maharashtra | Active | 16 Jul 2021 |
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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 Verastar Solutions Private Limited
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Frequently Asked Questions about Verastar Solutions Private Limited
Verastar Solutions is an active private limited company based in Sanpada, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 07 July 2021 (5+ years old) and is registered under CIN U72900MH2021PTC363414.
Verastar Solutions reported revenue of ₹15.57 Cr for FY 2025 (up 112% YoY).
Verastar Solutions has 2 current directors:
- Reshma Ismail Patel - Director
- Shama Ilyas Patel - Director
Verastar Solutions reported a net profit of ₹64.42 Lakh (net margin 4.1%) and EBITDA of ₹88.02 Lakh (EBITDA margin 5.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Verastar Solutions is 109% over three years. In the latest year (FY 2025) revenue rose 112%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Verastar Solutions is 27AAICV1501E1ZP, registered in Maharashtra.
The CIN (Corporate Identification Number) of Verastar Solutions is U72900MH2021PTC363414. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Verastar Solutions was incorporated on 07 July 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Verastar Solutions by revenue are Tech Blue Software Private Limited, Generations United Private Limited, Augusta Hitech Soft Solutions Private Limited, Bridge Global Software Solutions Private Limited, Vbi Software Private Limited and 5 more, all in the Information Technology industry (IT Consulting and Services).
Reshma Ismail Patel was appointed as Director on 07 Jul 2021. Shama Ilyas Patel was appointed as Director on 07 Jul 2021.
Yes, Verastar Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).