About Verevalid Solutions India Private Limited
Data last updated:
Verevalid Solutions India Private Limited is a private limited company based in Tiruchirappalli, Tamil Nadu, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 18 October 2022.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2022PTC156087.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Prasanna Soodamani (Managing Director) and Vidhya (Whole-Time Director).
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 F B – 3 Sri Raghavendra Nestle Kallanai Road T. V. Kovil, Tiruchirappalli, Tamil Nadu, India – 620005.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.25 Lakh. For the same year it recorded a net loss of ₹58,037 (net margin -17.8%) and EBITDA of -₹58,037 (EBITDA margin -17.8%).
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website verevalid.com.
Company details
Contact details
Verevalid Solutions India Private Limited's registered office is in Tiruchirappalli, Tamil Nadu.
- Registered AddressF B – 3 Sri Raghavendra Nestle Kallanai Road T. V. Kovil, Tiruchirappalli, Tamil Nadu, India – 620005
- IndustryInformation Technology, Software Development & Support Services
- 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 Verevalid Solutions India is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Verevalid Solutions India Private Limited, buy the company report.
Financials of Verevalid Solutions India Private Limited
FY 2024 filings availableVerevalid Solutions India Private Limited reported revenue of ₹3.25 Lakh for FY 2024.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| 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 | -₹58,037 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹58,037 | |
| 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
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -17.8% | |
| Net Profit Margin | -17.8% | |
| 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 Verevalid Solutions India Private Limited, buy the company report.
Board of directors of Verevalid Solutions India Private Limited
Verevalid Solutions India has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prasanna Soodamani | Managing Director | 18 Oct 2022 | 4 Years 0 Months | Current |
| Vidhya | Whole-Time Director | 18 Oct 2022 | 4 Years 0 Months | Current |
Peer comparison
Verevalid Solutions India Private Limited is compared with the 3 companies closest to it by revenue in the Information Technology industry (Software Services), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aes Business Solutions Private Limited | ₹3.3 Lakh (FY 2024) | -26.0% | Chennai, Tamil Nadu, India | |||
| Ulysta Engineering Services Private Limited | ₹3.29 Lakh (FY 2024) | -76.0% | New Delhi, Delhi, India | |||
| Verevalid Solutions India Private Limitedthis company | ₹3.25 Lakh (FY 2024) | -₹58,037 | -17.8% | Tiruchirappalli, Tamil Nadu, India | ||
| Cognigence Technologies Private Limited | ₹3.24 Lakh (FY 2020) | Bangalore, Karnataka, India |
To see the full peer comparison of Verevalid Solutions India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Verevalid Solutions India 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 Verevalid Solutions India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Verevalid Solutions India Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Verevalid Solutions India Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Prasanna Soodamani was appointed as Managing Director on 18 Oct 2022.
Frequently asked questions
Verevalid Solutions India is an active private limited company based in Tiruchirappalli, Tamil Nadu, India. The company works in software development and support services, within the information technology industry. It was incorporated on 18 October 2022 (4+ years old) and is registered under CIN U72900TN2022PTC156087.
Verevalid Solutions India has 2 current directors:
- Prasanna Soodamani - Managing Director
- Vidhya - Whole-Time Director
The latest financial statements of Verevalid Solutions India 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 2023 are in the company report.
The CIN (Corporate Identification Number) of Verevalid Solutions India is U72900TN2022PTC156087. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Verevalid Solutions India was incorporated on 18 October 2022, making it 4+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Verevalid Solutions India by revenue are Aes Business Solutions Private Limited, Ulysta Engineering Services Private Limited, Cognigence Technologies Private Limited, all in the Information Technology industry (Software Services), with the same principal business activity (computer programming, consultancy and related activities).
Prasanna Soodamani was appointed as Managing Director on 18 Oct 2022. Vidhya was appointed as Whole-Time Director on 18 Oct 2022.
Verevalid Solutions India can be reached through the website verevalid.com. Its registered office is in Tiruchirappalli, Tamil Nadu, India.
The registered office of Verevalid Solutions India is at F B – 3 Sri Raghavendra Nestle Kallanai Road T. V. Kovil, Tiruchirappalli, Tamil Nadu, India – 620005.
Verevalid Solutions India operates in the information technology industry, in the software development and support services segment.
The compliance status of Verevalid Solutions India is compliant as of 10 August 2026. The company is actively filing with the Registrar of Companies.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
