Veremax Technologie Services Limited - Company Profile

It is a telecom public limited company based in Chennai, Tamil Nadu, India, established in 2013.
2013 Chennai, Tamil Nadu, India Active
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About Veremax Technologie Services Limited

Veremax Technologie Services Limited, a active public limited company, was established on 17 May 2013 in Chennai, Tamil Nadu, India. Engaging in telecom infrastructure within the information and communication sector, it holds CIN: U72900TN2013PLC091205. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹35.00 Cr and a paid-up capital of ₹22.16 Cr.

It upholds a compliant status. Employing 40 professional, Its leadership includes Sankaran Achary Sathasivam (Director), Tiruchendur Rajakani Meganathan Venkatesh (Director), Thulasimani Marimuthu (Director). Past directors included Narayanan Muthupandian Lakshminarayanan, Pandurangan Muraledhar, Ramesh Shankaran. It holds ₹276.96 Cr open charges and ₹148.75 Cr settled loans. Its latest AGM occurred on 31 December 2024, with the balance sheet filed on 31 March 2024. It is based at Doshi Towers New 205 Old No 156 Poonamallee High Road Kilpauk, Chennai, Tamil Nadu, 600010.

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

    +91-XXXXXXXXXX

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

  • CIN/LLPIN

    U72900TN2013PLC091205

  • Registration Number

    091205

  • Incorporation Date

    17 May 2013

  • Authorized Capital

    ₹35.00 Cr

  • Paid-Up Capital

    ₹22.16 Cr

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 35.00 Cr
  • Paid Up Capital ₹ 22.16 Cr
  • Company Age 12 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 276.96 Cr
  • Satisfied Charges ₹ 148.75 Cr
  • Revenue Growth **** 33.72%
  • Profit Growth **** 117.47%
  • Ebitda **** 43.38%
  • Net Worth 48.60%
  • Total Assets **** 76.78%
Company report

Veremax Technologie Services Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Veremax Technologie Services 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 Veremax Technologie Services Limited?
Current Directors
Name Designation Appointment Date Status
Sankaran Achary Sathasivam Director 08 Dec 2024 Current
Tiruchendur Rajakani Meganathan Venkatesh Director 17 May 2013 Current
Thulasimani Marimuthu Director 01 Nov 2020 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 29 Nov 2021 Past
Pramod Abcsdd Additional Director 05 Oct 2017 Past
Pramod Abcsdd Additional Director 01 Nov 2014 Past
Pramod Abcsdd Additional Director 02 Dec 2019 Past
Pramod Abcsdd Additional Director 02 Apr 2021 Past
Pramod Abcsdd Additional Director 02 Dec 2019 Past

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Financial Performance of Veremax Technologie Services.

Veremax Technologie Services Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 33.72% increase. The company also saw a substantial improvement in profitability, with a 117.47% increase in profit. The company's net worth Soared by an impressive increase of 48.6%.

Veremax Technologie Services revenue growth over time
Veremax Technologie Services 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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 33.72%
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Revenue from Operations
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 33.77%
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Total Assets
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 76.78%
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Profit or Loss
*******
 117.47%
*******
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Net Worth
*******
 48.60%
*******
*******
*******
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EBITDA
*******
 43.38%
*******
*******
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What is the Ownership and Shareholding Structure of Veremax Technologie Services?

In 2023, Veremax Technologie Services had a promoter holding of 96.09% and a public holding of 3.91%. 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

₹2,769,627,280.00

Satisfied Charges

₹1,487,489,000.00

Charges Breakdown by Lending Institutions
  • Sbicap Trustee Company Limited : 110.00 Cr
  • State Bank Of India : 100.00 Cr
  • Hdfc Bank Limited : 65.00 Cr
  • Others : 1.96 Cr
Latest Charge Details
Date Lender Amount Status
17 May 2023 Sbicap Trustee Company Limited ₹110.00 Cr Open
19 Nov 2022 State Bank Of India ₹100.00 Cr Open
23 Sep 2021 Others ₹0.46 M Open
20 Sep 2021 Others ₹3.24 M Open
20 Sep 2021 Others ₹3.16 M Open

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How Many Employees Work at Veremax Technologie Services?

Veremax Technologie Services has a workforce of 40 employees as of Apr 02, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

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 Veremax Technologie Services, 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 Veremax Technologie Services'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 Veremax Technologie Services
Recent Activity within the Organization
  • Charges

    The activity A charge registered on 16 Aug 2023 via Charge ID 100763431 with Others was fully satisfied on 13 Jan 2025. was completed.

  • Annual General Meeting

    Progress on Veremax Technologie Services Limited last Annual general meeting of members was held on 31 Dec 2024 as per latest MCA records. was documented.

  • Director Appointment

    Sankaran Achary Sathasivam was appointed as a Director was appointed as a Director on 08 Dec 2024 & has been associated with this company since 1 year 2 months . was recorded as a recent event.

  • Balance Sheet

    Veremax Technologie Services Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai. was recorded as a recent event.

  • Charges

    The activity A charge with Sbicap Trustee Company Limited of Rs. 110.00 Cr registered on 17 May 2023 with Charge ID 100730646 was modified on 19 Jan 2024. was completed.

  • Charges

    A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100763431 was registered on 16 Aug 2023. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Veremax Technologie Services Limited?

The CIN of Veremax Technologie Services Limited is U72900TN2013PLC091205.

Where is Veremax Technologie Services Limited headquartered?

Veremax Technologie Services Limited is headquartered at Doshi Towers New 205 Old No 156 Poonamallee High Road Kilpauk, Chennai, Tamil Nadu, 600010.

When was Veremax Technologie Services Limited incorporated?

Veremax Technologie Services Limited was incorporated on 17 May 2013.

Who are the current directors of Veremax Technologie Services Limited?

The current directors of Veremax Technologie Services Limited are

What is the primary industry of Veremax Technologie Services Limited?

The primary industry of Veremax Technologie Services Limited is Information And Communication.

Is Veremax Technologie Services Limited a listed company?

Veremax Technologie Services Limited is unlisted.

What is the capital structure of Veremax Technologie Services Limited?

The authorized capital of Veremax Technologie Services Limited is ₹35.00 Cr, and the paid-up capital is ₹22.16 Cr.

What is the compliance status of Veremax Technologie Services Limited?

The compliance status of Veremax Technologie Services Limited is Compliant.

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