Verifast Technologies India Private Limited

Verifast Technologies India Private Limited - electrnoics in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U72501GJ2017FTC140775 Incorporated 12 December 2017 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Foreign Private Limited Company electrnoics
Data last updated
Revenue · FY 2024
₹4.97 Cr
▲ 89% YoY
Net profit · FY 2024
₹26.33 Lakh
Net margin 5.3%
EBITDA · FY 2024
₹46.39 Lakh
EBITDA margin 9.3%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Employees · EPFO
17
Provident fund records
Directors on board
2
As per MCA filings

About Verifast Technologies India Private Limited

Data last updated:

Verifast Technologies India Private Limited is a foreign private limited company based in Ahmedabad, Gujarat, India. It operates in the computer repair segment of the electronics sector. It was incorporated on 12 December 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72501GJ2017FTC140775. Its GSTIN is 24AAGCV2076G1ZD (Gujarat).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Dhairya Amit Shah and Riddhi Amit Shah.

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 Ahmedabad, Gujarat.

As per the financials filed for FY 2024, the company reported a revenue of ₹4.97 Cr, a growth of 89% compared to the previous year. For the same year it recorded a net profit of ₹26.33 Lakh (net margin 5.3%) and EBITDA of ₹46.39 Lakh (EBITDA margin 9.3%). Revenue has grown at a compounded annual rate (CAGR) of 110% over three years and 97% over five years.

The company has about 17 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Verifasttech.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website verifasttech.com.

Company details

CIN U72501GJ2017FTC140775
Registration Number 140775
Incorporation Date 12 December 2017
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

CIN history

Verifast Technologies India has one previous CIN (Corporate Identification Number): U72501TN2017FTC119947. The current CIN is U72501GJ2017FTC140775, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U72501GJ2017FTC140775Current
U72501TN2017FTC119947Previous

Contact details

Verifast Technologies India Private Limited's registered office is in Ahmedabad, Gujarat. Its website is verifasttech.com. Its e-mail address is in the company report.

  • Email
  • Social Media
  • Registered Address
    301 Suparshaw Residansi Tp No. 22 Fp No. 136 Plot No. 12, Nr. Chandranagar Society Panama Soc. P.T.College Road Paldi, Ahmedabad, Gujarat, India – 380007
  • Industry
    Electrnoics, Computer Repair, Maintenance And Repair Of Computing Machinery

To see the full contact details of Verifast Technologies India Private Limited, buy the company report.

Comprehensive company report
Verifast Technologies India 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Verifast Technologies India operates one associated brand: Verifasttech. Each brand links to its own profile.

BrandDescriptionWebsite
Offers training and consulting in ASIC, FPGA verification and software development.verifasttech.com

Business activity

The main business activity of Verifast Technologies India is information and communication. In detail, this covers other information & communication service activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ8Other information & communication service activities

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

Financials of Verifast Technologies India Private Limited

FY 2025 filings available

Verifast Technologies India Private Limited reported revenue of ₹4.97 Cr (up 89% YoY) for FY 2024.

Revenue · FY 2024
₹4.97 Cr ▲ 89%
Net profit · FY 2024
₹26.33 Lakh margin 5.3%
EBITDA · FY 2024
₹46.39 Lakh margin 9.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 89%
3 years · compounded
▲ 110%
5 years · compounded
▲ 97%
EBITDA CAGR growth
1 year
▲ 930%
3 years · compounded
▲ 173%
5 years · compounded
▲ 100%

Revenue has grown at a compounded annual rate (CAGR) of 97% over five years, including 89% growth in the latest year. EBITDA rose 930% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹46.39 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹26.33 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin9.3%
Net Profit Margin5.3%
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 Technologies India Private Limited, buy the company report.

Board of directors of Verifast Technologies India Private Limited

Verifast Technologies India has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Dhairya Amit ShahDirector20 Sep 20251 Years 1 MonthsCurrent
Riddhi Amit ShahDirector30 Mar 20188 Years 7 MonthsCurrent

MSME payment delays

No delayed payments to MSME suppliers are on our record for Verifast Technologies India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Verifast Technologies India Private Limited has a workforce of 17 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.

Employee count
17
Active EPFO establishments
1
Employee growth
112.5%

GST

Verifast Technologies India has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAGCV2076G1ZDGujaratActive10 Dec 2018

To see the full GST registrations and return filing status of Verifast Technologies India Private Limited, buy the company report.

Recent activity

Verifast Technologies India Private Limited has 5 board changes on record since 2018: 2 appointments and 3 cessations. The latest: Palakkumar Shah Mukeshbhai ceased to be Director on 22 Sep 2025.

AGM
Verifast Technologies India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Palakkumar Shah Mukeshbhai ceased to be Director.
Appointed
Dhairya Amit Shah was appointed as Director.
Filing
Verifast Technologies India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Jayaraman Singikulam Krishnamurthi ceased to be Director.
Ceased
Viswanathan Singikulam Krishnamurthi ceased to be Director.
Appointed
Riddhi Amit Shah was appointed as Director.
Incorporation
12 Dec 2017
Verifast Technologies India Private Limited was registered on 12 Dec 2017 with Roc Ahmedabad & aged 8 years 10 months as per MCA records.

Frequently asked questions

Verifast Technologies India is an active foreign private limited company based in Ahmedabad, Gujarat, India. The company works in computer repair, within the electronics industry. It was incorporated on 12 December 2017 (9+ years old) and is registered under CIN U72501GJ2017FTC140775.

Verifast Technologies India has 2 current directors:

The latest financial statements of Verifast Technologies India 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 2018 are in the company report.

The GSTIN of Verifast Technologies India is 24AAGCV2076G1ZD, registered in Gujarat.

The CIN (Corporate Identification Number) of Verifast Technologies India is U72501GJ2017FTC140775. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Verifast Technologies India was incorporated on 12 December 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Palakkumar Shah Mukeshbhai ceased to be Director on 22 Sep 2025. Dhairya Amit Shah was appointed as Director on 20 Sep 2025. Jayaraman Singikulam Krishnamurthi ceased to be Director on 31 Mar 2018. Verifast Technologies India has 5 board changes on record in total.

Verifast Technologies India can be reached through the website verifasttech.com. Its registered office is in Ahmedabad, Gujarat, India.

The registered office of Verifast Technologies India is at 301 Suparshaw Residansi Tp No. 22 Fp No. 136 Plot No. 12, Nr. Chandranagar Society Panama Soc. P.T.College Road Paldi, Ahmedabad, Gujarat, India – 380007.

Verifast Technologies India operates in the electronics industry, in the computer repair segment.