Vere India Services Private Limited

Vere India Services Private Limited - business services in Guntur, Andhra Pradesh, India. FY 2026 financials & compliance.
CIN U74900AP2015PTC097451 Incorporated 30 September 2015 ROC Vijayawada HQ Guntur, Andhra Pradesh, India
Active Private Limited Company business services
Data last updated
Revenue · FY 2024
₹13.26 Lakh
▼ 57% YoY
Net profit · FY 2024
₹15,834
Net margin 1.2%
EBITDA · FY 2024
₹22,336
EBITDA margin 1.7%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
11 yrs
Est. 2015
Directors on board
4
As per MCA filings
Active GSTINs
1
GST registered

About Vere India Services Private Limited

Data last updated:

Vere India Services Private Limited is a private limited company based in Guntur, Andhra Pradesh, India. It operates in the diversified business activities segment of the business services sector. It was incorporated on 30 September 2015 and has been in existence for over 11 years.

The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U74900AP2015PTC097451. Its GSTIN is 37AAFCV2464B1ZH (Andhra Pradesh).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Sudha Swarupa Rani Kantheti and Vijay Lakshmi Gollamudi.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 403 Padmavathi Platinum 1st Lane Vidya Nagar Extension, Guntur, Andhra Pradesh, India – 522007.

As per the financials filed for FY 2024, the company reported a revenue of ₹13.26 Lakh, a decline of 57% compared to the previous year. For the same year it recorded a net profit of ₹15,834 (net margin 1.2%) and EBITDA of ₹22,336 (EBITDA margin 1.7%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 8% over five years.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U74900AP2015PTC097451
Registration Number 097451
Incorporation Date 30 September 2015
ROC Vijayawada
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant

Contact details

Vere India Services Private Limited's registered office is in Guntur, Andhra Pradesh. Its e-mail address is in the company report.

  • Email
  • Registered Address
    403 Padmavathi Platinum 1st Lane Vidya Nagar Extension, Guntur, Andhra Pradesh, India – 522007
  • Industry
    Business Services, Miscellaneous Business Activities

To see the full contact details of Vere India Services Private Limited, buy the company report.

Comprehensive company report
Vere India Services Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Vere India Services is professional, scientific and technical. In detail, this covers accounting, book keeping and auditing activities, tax consultancy.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM2Accounting, book keeping and auditing activities, tax consultancy

To see the full business activity and turnover split of Vere India Services Private Limited, buy the company report.

Financials of Vere India Services Private Limited

FY 2024 filings available

Vere India Services Private Limited reported revenue of ₹13.26 Lakh (down 57% YoY) for FY 2024.

Revenue · FY 2024
₹13.26 Lakh ▼ 57%
Net profit · FY 2024
₹15,834 margin 1.2%
EBITDA · FY 2024
₹22,336 margin 1.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 57%
3 years · compounded
▼ 9%
5 years · compounded
▲ 8%
EBITDA CAGR growth
1 year
▼ 91%
3 years · compounded
▼ 31%
5 years · compounded
▼ 21%

Revenue fell 57% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA fell 91% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹22,336
Profit Before Tax
Tax Expense
Net Profit (PAT)₹15,834
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin1.7%
Net Profit Margin1.2%
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

To see the full financial statements and ratios of Vere India Services Private Limited, buy the company report.

Board of directors of Vere India Services Private Limited

Vere India Services has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sudha Swarupa Rani KanthetiDirector30 Sep 201511 Years 0 MonthsCurrent
Vijay Lakshmi GollamudiDirector30 Sep 201511 Years 0 MonthsCurrent
Sri Lakshmi AlluriDirector30 Sep 201511 Years 0 MonthsCurrent
Naga Srinivas KanthetiDirector30 Sep 201511 Years 0 MonthsCurrent

Peer comparison

Vere India Services Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (accounting, book keeping and auditing activities, tax consultancy), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Finstability Consulting Private Limited₹13.29 Lakh (FY 2025)-37.0%Haveli Pune, Maharashtra, India
Agrim Consultants Private Limited₹13.29 Lakh (FY 2025)-20.0%Haridwar, Uttarakhand, India
Aavas Consultants (OPC) Private Limited₹13.28 Lakh (FY 2025)-23.0%New Delhi, Delhi, India
SV Accounting (OPC) Private Limited₹13.28 Lakh (FY 2025)10.0%Hyderabad, Telangana, India
Lakhdatar Advisors Private Limited₹13.26 Lakh (FY 2025)-2.0%Jaipur, Rajasthan, India
Vere India Services Private Limitedthis company₹13.26 Lakh (FY 2024)₹15,8341.2%-57.0%Guntur, Andhra Pradesh, India
Revizion Consultants Private Limited₹13.23 Lakh (FY 2024)-24.0%Coimbatore, Tamil Nadu, India
HCP Consultants Private Limited₹13.23 Lakh (FY 2024)-55.0%Kolkata, West Bengal, India
Esai Tax Consultants Private Limited₹13.22 Lakh (FY 2025)-17.0%Chennai, Tamil Nadu, India
SP Investment Consultants Private Limited₹13.21 Lakh (FY 2025)36.0%Mumbai, Maharashtra, India
Porwal Advisors Private Limited₹13.21 Lakh (FY 2018)49.0%Mumbai, Maharashtra, India

To see the full peer comparison of Vere India Services Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Vere India Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Vere India Services has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
37AAFCV2464B1ZHAndhra PradeshActive20 Mar 2020

To see the full GST registrations and return filing status of Vere India Services Private Limited, buy the company report.

Recent activity

Vere India Services Private Limited has 5 board changes on record since 2015: 4 appointments and 1 cessation. The latest: Sirisha Yalavarthi ceased to be Director on 20 Jul 2020.

AGM
Vere India Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Vere India Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada.
Ceased
Sirisha Yalavarthi ceased to be Director.
Appointed
Naga Srinivas Kantheti was appointed as Director.
Appointed
Sri Lakshmi Alluri was appointed as Director.
Appointed
Sudha Swarupa Rani Kantheti was appointed as Director.
Appointed
Vijay Lakshmi Gollamudi was appointed as Director.
Incorporation
30 Sep 2015
Vere India Services Private Limited was registered on 30 Sep 2015 with Roc Vijayawada & aged 11 years 29 days as per MCA records.

Frequently asked questions

Vere India Services is an active private limited company based in Guntur, Andhra Pradesh, India. The company works in miscellaneous business activities, within the business services industry. It was incorporated on 30 September 2015 (11+ years old) and is registered under CIN U74900AP2015PTC097451.

Vere India Services has 4 current directors:

The latest financial statements of Vere India Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2016 are in the company report.

The GSTIN of Vere India Services is 37AAFCV2464B1ZH, registered in Andhra Pradesh.

The CIN (Corporate Identification Number) of Vere India Services is U74900AP2015PTC097451. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Vere India Services was incorporated on 30 September 2015, making it 11+ years old. It is registered with the Registrar of Companies, Vijayawada.

The peers of Vere India Services by revenue are Finstability Consulting Private Limited, Agrim Consultants Private Limited, Aavas Consultants (OPC) Private Limited, SV Accounting (OPC) Private Limited, Lakhdatar Advisors Private Limited and 5 more, all in the same principal business activity (accounting, book keeping and auditing activities, tax consultancy).

Sirisha Yalavarthi ceased to be Director on 20 Jul 2020. Naga Srinivas Kantheti was appointed as Director on 30 Sep 2015. Sri Lakshmi Alluri was appointed as Director on 30 Sep 2015. Vere India Services has 5 board changes on record in total.

The registered office of Vere India Services is at 403 Padmavathi Platinum 1st Lane Vidya Nagar Extension, Guntur, Andhra Pradesh, India – 522007.

Vere India Services operates in the business services industry, in the miscellaneous business activities segment.

The compliance status of Vere India Services is compliant as of 16 July 2026. The company is actively filing with the Registrar of Companies.