MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0009675
Verifacts Services Private Limited - travel and hospitality in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹17.25 Cr
▼ 10% YoY
Net loss · FY 2025
₹1.71 Cr
Net margin -9.9%
EBITDA · FY 2025
₹9.65 Lakh
EBITDA margin 0.6%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Open charges
₹4.9 Cr
Satisfied ₹7.75 Cr
Company age
21 yrs
Est. 2005
Employees · EPFO
253
Provident fund records
About Verifacts Services Private Limited
Data last updated:
Verifacts Services Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Modern India Limited. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 22 March 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74140KA2005PTC035878. Its GSTIN is 29AACCV0253F1ZI (Karnataka). The company holds 8 GST registrations, of which 7 are active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹50 Lakh. It is led by directors including Kaiwan Dossabhoy Kalyaniwalla and Sidhant Vijaykumar Jatia.
Its last annual general meeting (AGM) was held on 25 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹17.25 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net loss of ₹1.71 Cr (net margin -9.9%) and EBITDA of ₹9.65 Lakh (EBITDA margin 0.6%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years and 4% over five years.
The company has about 253 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Verifacts. As per MCA filings, the company has open charges of ₹4.9 Cr and satisfied charges of ₹7.75 Cr on record. The company has 1 deal on record (1 acquisition); the latest was in February 2014.
Verifacts Services Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0009675). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website verifacts.co.in.
Company details
CIN U74140KA2005PTC035878
Registration Number 035878
Incorporation Date 22 March 2005
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 25 August 2025
Date of Balance Sheet 31 March 2025
Parent Company Modern India Limited
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0009675
Key People
Kaiwan Dossabhoy Kalyaniwalla Director Sidhant Vijaykumar Jatia Director Vijaykumar Mahabirprasad Jatia Director Recognitions & Rankings of Verifacts Services
Contact details
Verifacts Services Private Limited's registered office is in Bangalore, Karnataka. Its website is verifacts.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address11th Floor Brigade Metropolis, Summit – B Whitefield, Bangalore, Karnataka, India – 560048
- IndustryTravel and Hospitality, Consumer Professional Services
To see the full contact details of Verifacts Services Private Limited, buy the company report.
Comprehensive company report
Verifacts 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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Brands
Verifacts Services operates one associated brand: Verifacts. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Background verification services for employee and business screening are offered. | verifacts.co.in |
Business activity
The main business activity of Verifacts Services is support service to organizations. In detail, this covers security and investigation activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N4 | Security and investigation activities |
To see the full business activity and turnover split of Verifacts Services Private Limited, buy the company report.
Financials of Verifacts Services Private Limited
FY 2025 filings availableVerifacts Services Private Limited reported revenue of ₹17.25 Cr (down 10% YoY) for FY 2025.
Revenue · FY 2025
₹17.25 Cr ▼ 10%
Net loss · FY 2025
₹1.71 Cr margin -9.9%
EBITDA · FY 2025
₹9.65 Lakh margin 0.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 10%
3 years · compounded
▼ 7%
5 years · compounded
▼ 4%
EBITDA CAGR growth
1 year
▲ 108%
3 years · compounded
▼ 70%
5 years · compounded
▼ 48%
Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 10% fall in the latest year. EBITDA rose 108% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹9.65 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.71 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.6% | ||||
| Net Profit Margin | -9.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Verifacts Services Private Limited, buy the company report.
Board of directors of Verifacts Services Private Limited
Verifacts Services has 5 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kaiwan Dossabhoy Kalyaniwalla Also directs: Allcargo Terminals Limited, Transindia Real Estate Limited, Allcargo Logistics Limited and 5 more | Director | 06 Nov 2023 | 3 Years 0 Months | Current |
| Sidhant Vijaykumar Jatia Also directs: Candescent Traders Private Limited, F Pudumjee Investment Company Private Limited, Modern India Limited and 5 more | Director | 04 Nov 2019 | 7 Years 0 Months | Current |
| Vijaykumar Mahabirprasad Jatia | Director | 04 Feb 2014 | 12 Years 9 Months | Current |
| Ashokraj Ramchandra Birla Also directs: Gateway Axis Private Limited, Candescent Traders Private Limited, Vedant Mercantile Private Limited and 4 more | Director | 04 Feb 2014 | 12 Years 9 Months | Current |
| Mudit Vijay Kumar Jatia | Director | 04 Nov 2019 | 7 Years 0 Months | Current |
Auditor
Verifacts Services Private Limited is audited by K. S. AIYAR AND CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K. S. AIYAR AND CO | FY 2023 | 100186W |
Shareholding
The shareholding of Verifacts Services Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Verifacts Services Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4.9 Cr
Satisfied charges
₹7.75 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Sep 2019 | 100294680 | Others | ₹4.9 Cr | Open | |
| 07 Sep 2019 | 100291884 | Others | ₹18.5 Lakh | Satisfied | |
| 26 Jun 2017 | 100111540 | Others | ₹4 Cr | Satisfied | |
| 16 Mar 2015 | 10557297 | Others | ₹2.5 Cr | Satisfied | |
| 27 May 2014 | 10504256 | Ing Vysya Bank Limited | ₹86.5 Lakh | Satisfied |
To see the full charge records of Verifacts Services Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Verifacts Services Private Limited has 1 deal on record (1 acquisition); the latest was in February 2014.
Total deals
1
Acquisition
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2014 | Acquisition | ₹27.96 Cr | Buyer: Modern India Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Verifacts Services 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 Verifacts Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Verifacts Services Private Limited has a workforce of 253 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
253
Active EPFO establishments
1
Employee growth
12.9%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 253 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Verifacts Services Private Limited, buy the company report.
GST
Verifacts Services has 8 GST registrations: 7 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
8
Active
7
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCV0253F1ZI | Karnataka | Active | 01 Jul 2017 |
| 29AACCV0253F2ZH | Karnataka | Active | 01 Apr 2025 |
| 06AACCV0253F1ZQ | Haryana | Active | 01 Jul 2017 |
| 27AACCV0253F1ZM | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Verifacts Services Private Limited, buy the company report.
Recent activity
Verifacts Services Private Limited has 15 board changes on record since 2010: 5 appointments and 10 cessations. The latest: Kaiwan Dossabhoy Kalyaniwalla ceased to be Additional Director on 04 Jul 2024.
Charges
A charge with Others of Rs. 4.90 Cr registered on 19 Sep 2019 with Charge ID 100294680 was modified on 18 Sep 2025.
AGM
Verifacts Services Private Limited last Annual general meeting of members was held on 25 Aug 2025 as per latest MCA records.
Filing
Verifacts Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge registered on 07 Sep 2019 via Charge ID 100291884 with Others was fully satisfied on 20 Sep 2024.
Ceased
Kaiwan Dossabhoy Kalyaniwalla ceased to be Additional Director.
Appointed
Kaiwan Dossabhoy Kalyaniwalla was appointed as Director.
Ceased
Mudit Vijay Kumar Jatia ceased to be Additional Director.
Ceased
Sidhant Vijaykumar Jatia ceased to be Additional Director.
Charges
A charge registered on 26 Jun 2017 via Charge ID 100111540 with Others was fully satisfied on 02 Jan 2020.
Appointed
Mudit Vijay Kumar Jatia was appointed as Director.
Appointed
Sidhant Vijaykumar Jatia was appointed as Director.
Charges
A charge with Others amounted to Rs. 4.90 Cr with Charge ID 100294680 was registered on 19 Sep 2019.
19 earlier events are in the company report.
Frequently asked questions
Verifacts Services is an active private limited company based in Bangalore, Karnataka, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 22 March 2005 (21+ years old) and is registered under CIN U74140KA2005PTC035878.
Verifacts Services has 5 current directors:
- Kaiwan Dossabhoy Kalyaniwalla - Director
- Sidhant Vijaykumar Jatia - Director
- Vijaykumar Mahabirprasad Jatia - Director
- Ashokraj Ramchandra Birla - Director
- Mudit Vijay Kumar Jatia - Director
The latest financial statements of Verifacts Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Verifacts Services is 29AACCV0253F1ZI, registered in Karnataka. The company has 8 GST registrations in all, of which 7 are active and 1 is cancelled or inactive. Other active GSTINs include 29AACCV0253F2ZH (Karnataka), 06AACCV0253F1ZQ (Haryana), 27AACCV0253F1ZM (Maharashtra).
The CIN (Corporate Identification Number) of Verifacts Services is U74140KA2005PTC035878. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Verifacts Services was incorporated on 22 March 2005, making it 21+ years old. It is registered with the Registrar of Companies, Bangalore.
Verifacts Services has 1 deal on record (1 acquisition); the latest was in February 2014.
Kaiwan Dossabhoy Kalyaniwalla ceased to be Additional Director on 04 Jul 2024. Kaiwan Dossabhoy Kalyaniwalla was appointed as Director on 06 Nov 2023. Mudit Vijay Kumar Jatia ceased to be Additional Director on 31 Jul 2020. Verifacts Services has 15 board changes on record in total.
Yes, Verifacts Services is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0009675).
Verifacts Services can be reached through the website verifacts.co.in. Its registered office is in Bangalore, Karnataka, India.
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