About Veri Scribe Private Limited
Data last updated:
Veri Scribe Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the medical transcription segment of the business process outsourcing sector. It was incorporated on 21 November 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2003PTC032905.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Madan Mohan Reddy Ranganatha (Whole-Time Director) and Rekha Madan (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 No 4 – 1/3 Indian Overseas Bank Building Begur Main Road Bommanahalli, Bangalore, Karnataka, India – 560068.
As per the financials filed for FY 2025, the company reported a revenue of ₹84.32 Lakh, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹13.15 Lakh (net margin 15.6%) and EBITDA of ₹19.65 Lakh (EBITDA margin 23.3%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 2% over five years.
The company has about 18 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website veriscribe.net.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressNo 4 – 1/3 Indian Overseas Bank Building Begur Main Road Bommanahalli, Bangalore, Karnataka, India – 560068
- IndustryBusiness Outsourcing, Medical Transcription
- 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
- One PDF report, delivered after checkout
Business Activity of Veri Scribe Private Limited
The main business activity of Veri Scribe is information and communication. In detail, this covers information service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | 63 | Information service activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Veri Scribe Private Limited FY 2024 filings available
Veri Scribe Private Limited reported revenue of ₹84.32 Lakh (up 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Veri Scribe Private Limited
Revenue rose 5% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 2%. EBITDA rose 357% 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 Veri Scribe Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
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| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹19.65 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹13.15 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Veri Scribe Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 23.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 15.6% | •••• | •••• | •••• | •••• |
| 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 Veri Scribe are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Veri Scribe Private Limited
Veri Scribe Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (Medical Transcription). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Azimuth Software India Private Limited | •••• | •••• | •••• | •••• | - | Pondicherry, India |
| Indivirtus Ab7 Scribing & RCM Private Limited | •••• | •••• | •••• | •••• | - | Mohali, Punjab, India |
| Hykon Transcripts Private Limited | •••• | •••• | •••• | •••• | 23 | Ernakulam, Kerala, India |
| Cleverbuck Systems Private Limited | •••• | •••• | •••• | •••• | - | Salem, Tamil Nadu, India |
| Zyen Health Informatics Private Limited | •••• | •••• | •••• | •••• | - | Ambattur, Tamil Nadu, India |
| Veri Scribe Private Limited this company | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| K.M.Medical Software India Private Limited | •••• | •••• | •••• | •••• | - | Coimbatore, Tamil Nadu, India |
| 3470 Healthcare Private Limited | •••• | •••• | •••• | •••• | 52 | Chennai, Tamil Nadu, India |
| Teleinfo Data Solutions Private Limited | •••• | •••• | •••• | •••• | - | Kanpur, Uttar Pradesh, India |
| Dag Infotek Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Cynefine Healthcare Solutions Private Limited | •••• | •••• | •••• | •••• | 14 | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Veri Scribe by revenue in the Outsourcing industry (Medical Transcription), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Veri Scribe Private Limited
Veri Scribe Private Limited is audited by HARSHITHA GADDAM for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| HARSHITHA GADDAM | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Veri Scribe Private Limited
Veri Scribe has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Madan Mohan Reddy Ranganatha Also directs: Salonlabs Exports India Private Limited | Whole-Time Director | 21 Nov 2003 | 22 Years 10 Months | Current |
| Rekha Madan | Whole-Time Director | 21 Nov 2003 | 22 Years 10 Months | Current |
Ownership and Shareholding of Veri Scribe Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Veri Scribe Private Limited
Veri Scribe Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Veri Scribe Private Limited
Veri Scribe Private Limited has a workforce of 18 employees as of Apr 03, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Veri Scribe Private Limited
Veri Scribe Private Limited has 4 board changes on record since 2003: 2 appointments and 2 cessations. The latest: Madan Mohan Reddy Ranganatha ceased to be Director on 10 Apr 2017.
Credit Ratings, Litigation & Regulatory Alerts for Veri Scribe Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Veri Scribe Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Veri Scribe Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Veri Scribe Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Veri Scribe Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Veri Scribe Private Limited
Veri Scribe is an active private limited company based in Bangalore, Karnataka, India. The company works in medical transcription, within the business outsourcing industry. It was incorporated on 21 November 2003 (23+ years old) and is registered under CIN U72900KA2003PTC032905.
Veri Scribe reported revenue of ₹84.32 Lakh for FY 2025 (up 5% YoY).
Veri Scribe has 2 current directors:
- Madan Mohan Reddy Ranganatha - Whole-Time Director
- Rekha Madan - Whole-Time Director
Veri Scribe reported a net profit of ₹13.15 Lakh (net margin 15.6%) and EBITDA of ₹19.65 Lakh (EBITDA margin 23.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Veri Scribe is -1% over three years and -2% over five years. In the latest year (FY 2025) revenue rose 5%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Veri Scribe is U72900KA2003PTC032905. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Veri Scribe was incorporated on 21 November 2003, making it 23+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Veri Scribe by revenue are Azimuth Software India Private Limited, Indivirtus Ab7 Scribing & RCM Private Limited, Hykon Transcripts Private Limited, Cleverbuck Systems Private Limited, Zyen Health Informatics Private Limited and 5 more, all in the Outsourcing industry (Medical Transcription).
Madan Mohan Reddy Ranganatha ceased to be Director on 10 Apr 2017. Rekha Madan ceased to be Director on 12 Mar 2014. Madan Mohan Reddy Ranganatha was appointed as Whole-Time Director on 21 Nov 2003. Veri Scribe has 4 board changes on record in total.
Veri Scribe can be reached through the website veriscribe.net. Its registered office is in Bangalore, Karnataka, India.
The registered office of Veri Scribe is at No 4 – 13 Indian Overseas Bank Building Begur Main Road Bommanahalli, Bangalore, Karnataka, India – 560068.