Verifast Tech Labs Private Limited

Verifast Tech Labs Private Limited - business services in Bangalore, Karnataka, India. Directors, charges & compliance details.
CIN U62091KA2023PTC178663 Incorporated 15 September 2023 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company
Data last updated
Revenue · FY 2025
₹61.87 Lakh
▲ 804% YoY
Net loss · FY 2025
₹33.61 Lakh
Net margin -54.3%
EBITDA · FY 2025
-₹30.77 Lakh
EBITDA margin -49.7%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1.03 Lakh
Issued & subscribed
Company age
3 yrs
Est. 2023
Directors on board
2
As per MCA filings
Brands
1
Associated brands

About Verifast Tech Labs Private Limited

Data last updated:

Verifast Tech Labs Private Limited is a private limited company based in Bangalore, Karnataka, India. It was incorporated on 15 September 2023.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U62091KA2023PTC178663.

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.03 Lakh. It is led by directors Utkarsh Trivedi and Tanmay Sethi.

Its last annual general meeting (AGM) was held on 30 September 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 ₹61.87 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹33.61 Lakh (net margin -54.3%) and EBITDA of -₹30.77 Lakh (EBITDA margin -49.7%).

The company is associated with 1 brand: Verifast.

For more details, the company can be reached via its website verifast.tech.

Company details

CIN U62091KA2023PTC178663
Registration Number 178663
Incorporation Date 15 September 2023
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025

Contact details

Verifast Tech Labs Private Limited's registered office is in Bangalore, Karnataka.

  • Registered Address
    677 1st Floor Suite 1254, 27th Main 13th Cross, Bangalore, Karnataka, India – 560102
Comprehensive company report
Verifast Tech Labs Private Limited - one report that includes everything
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  • Legal cases, compliance and MCA filings
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Brands

Verifast Tech Labs operates one associated brand: Verifast. Each brand links to its own profile.

BrandDescriptionWebsite
AI tools for enhancing e-commerce conversions and customer support efficiently.verifast.tech

Business activity

The main business activity of Verifast Tech Labs is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer programming, consultancy and related activities

To see the full business activity and turnover split of Verifast Tech Labs Private Limited, buy the company report.

Financials of Verifast Tech Labs Private Limited

FY 2025 filings available

Verifast Tech Labs Private Limited reported revenue of ₹61.87 Lakh (up 804% YoY) for FY 2025.

Revenue · FY 2025
₹61.87 Lakh ▲ 804%
Net loss · FY 2025
₹33.61 Lakh margin -54.3%
EBITDA · FY 2025
-₹30.77 Lakh margin -49.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 804%
EBITDA CAGR growth
1 year
▼ 254%

Revenue rose 804% in the latest year. EBITDA fell 254% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2024-25FY 2023-24
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-₹30.77 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹33.61 Lakh
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 2024-25FY 2023-24
Profitability
EBITDA Margin-49.7%
Net Profit Margin-54.3%
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 Verifast Tech Labs Private Limited, buy the company report.

Board of directors of Verifast Tech Labs Private Limited

Verifast Tech Labs has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Utkarsh TrivediDirector15 Sep 20233 Years 1 MonthsCurrent
Tanmay SethiDirector15 Sep 20233 Years 1 MonthsCurrent

Peer comparison

Verifast Tech Labs Private Limited is compared with the 7 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
SLN Software Consulting Private Limited₹61.91 Lakh (FY 2024)0.0%Hyderabad, Telangana, India
Super Entrepreneurs Private Limited₹61.9 Lakh (FY 2024)446.0%Hyderabad, Telangana, India
Sta Solutions Private Limited₹61.89 Lakh (FY 2025)38.0%Hyderabad, Telangana, India
Transqube Technologies Private Limited₹61.87 Lakh (FY 2015)68.0%Hyderabad, Telangana, India
Verifast Tech Labs Private Limitedthis company₹61.87 Lakh (FY 2025)-₹33.61 Lakh-54.3%804.0%Bangalore, Karnataka, India
Vasp Technologies Private Limited₹61.83 Lakh (FY 2024)15.0%Guwahati, Assam, India
Etopslab Private Limited₹61.82 Lakh (FY 2025)-15.0%Meerut, Uttar Pradesh, India
Yaraks Private Limited₹61.81 Lakh (FY 2025)148.0%Delhi, India

To see the full peer comparison of Verifast Tech Labs Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Verifast Tech Labs 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 Verifast Tech Labs Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Verifast Tech Labs Private Limited has 4 board changes on record since 2023: 3 appointments and 1 cessation. The latest: Ashutosh Vishwakarma ceased to be Director on 10 Mar 2025.

AGM
Verifast Tech Labs Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Verifast Tech Labs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Ashutosh Vishwakarma ceased to be Director.
Appointed
Ashutosh Vishwakarma was appointed as Director.
Appointed
Tanmay Sethi was appointed as Director.
Appointed
Utkarsh Trivedi was appointed as Director.
Incorporation
15 Sep 2023
Verifast Tech Labs Private Limited was registered on 15 Sep 2023 with Roc Bangalore & aged 3 years 1 month as per MCA records.

Frequently asked questions

Verifast Tech Labs is an active private limited company based in Bangalore, Karnataka, India. It was incorporated on 15 September 2023 (3+ years old) and is registered under CIN U62091KA2023PTC178663.

Verifast Tech Labs has 2 current directors:

The latest financial statements of Verifast Tech Labs on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2024 are in the company report.

The CIN (Corporate Identification Number) of Verifast Tech Labs is U62091KA2023PTC178663. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Verifast Tech Labs was incorporated on 15 September 2023, making it 3+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Verifast Tech Labs by revenue are SLN Software Consulting Private Limited, Super Entrepreneurs Private Limited, Sta Solutions Private Limited, Transqube Technologies Private Limited, Vasp Technologies Private Limited and 2 more, all in the same principal business activity (computer programming, consultancy and related activities).

Ashutosh Vishwakarma ceased to be Director on 10 Mar 2025. Ashutosh Vishwakarma was appointed as Director on 15 Sep 2023. Tanmay Sethi was appointed as Director on 15 Sep 2023. Verifast Tech Labs has 4 board changes on record in total.

Verifast Tech Labs can be reached through the website verifast.tech. Its registered office is in Bangalore, Karnataka, India.

The registered office of Verifast Tech Labs is at 677 1st Floor Suite 1254, 27th Main 13th Cross, Bangalore, Karnataka, India – 560102.

Verifast Tech Labs has 1 associated brand: Verifast.

Verifast Tech Labs is registered under the jurisdiction of the Registrar of Companies (ROC), Bangalore.