Verifworks Private Limited

Innovative semiconductor & EDA company specializing in electronics design & verification for various industries.

2016 | Bangaluru, Karnataka (India) | Active
Last Updated:

Verifworks Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 8 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -18.75%
  • Profit Growth -76.28%
  • Ebitda -75.07%
  • Net Worth 19.69%
  • Total Assets -26.58%

About Verifworks

Verifworks Private Limited (VPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 16 August 2016 (Eight years and nine months 15 days old ). Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Information Technology Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 0.10 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Venkataramanan Srinivasan, Venkatesan Kumari, Venkatesan Lakshmi, and One other member serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72900KA2016PTC095757

  • Company No.

    095757

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Aug 2016

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology
Company report

Verifworks Private Limited

Explore comprehensive data for Verifworks Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Verifworks?

Board Members (4)

NameDesignationAppointment DateStatus
Venkataramanan Srinivasan Country flag representing In Director 16-Aug-2016Current
Venkatesan Kumari Country flag representing In Director 28-Mar-2022Current
Venkatesan Lakshmi Country flag representing In Director 21-Feb-2024Current
Govindasamy Venkatesan Country flag representing In Director 28-Mar-2022Current

Financial Performance of Verifworks.

Verifworks Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 18.75% decrease. The company also saw a substantial fall in profitability, with a 76.28% decrease in profit. The company's net worth Soared by an impressive increase of 19.69%.

Verifworks revenue growth over time
Verifworks profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-18.75%
Revenue from Operations
-18.98%
Total Assets
-26.58%
Profit or Loss
-76.28%
Net Worth
19.69%
EBITDA
-75.07%

What is the Ownership and Shareholding Structure of Verifworks?

Unlock access to Verifworks's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

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There are no open charges registered against the company as per our records.

How Many Employees Work at Verifworks?

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Employee growth trends for Verifworks Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Verifworks, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Verifworks's trajectory.

Rating

Graph displaying rating trends over time

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Alerts

Alert Indicator

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Latest Updates, News, and FAQs on Verifworks

Recent activity within the organization

  • Annual General Meeting

    Verifworks Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Verifworks Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Director Appointment

    Venkatesan Lakshmi was appointed as a Director was appointed as a Director on 21 Feb 2024 & has been associated with this company since 1 year 3 months .

  • Director Appointment

    Venkatesan Kalpana Kumari was appointed as a Director was appointed as a Director on 28 Mar 2022 & has been associated with this company since 3 years 2 months .

  • Director Appointment

    Govindasamy Venkatesan was appointed as a Director was appointed as a Director on 28 Mar 2022 & has been associated with this company since 3 years 2 months .

  • Director Appointment

    Venkataramanan Srinivasan was appointed as a Director was appointed as a Director on 16 Aug 2016 & has been associated with this company since 8 years 9 months .

Frequently asked questions

  • What is the Incorporation or founding date of Verifworks Private Limited?

    Verifworks Private Limited was incorporated on 16 Aug 2016.

  • What is authorized share capital and paid-up capital of Verifworks Private Limited?

    The authorized share capital of Verifworks Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Who are the current board members & directors of Verifworks Private Limited?

    Currently 4 directors are associated with Verifworks Private Limited.

    • Venkataramanan Srinivasan
    • Venkatesan Kalpana Kumari
    • Venkatesan Lakshmi
    • Govindasamy Venkatesan
  • What is the registered address of Verifworks Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Verifworks Private Limited is No 183/3, Sarjapur Road Dommasandra Village India, Bangalore, Karnataka, 562125.

  • What is the corporate identification number (CIN) and company number of Verifworks Private Limited?

    The corporate identification number (CIN) of Verifworks Private Limited is U72900KA2016PTC095757 and the company number is 095757 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Verifworks Private Limited?

    The Official website of Verifworks Private Limited is https://www.verifworks.com

  • What has been the recent revenue trend for Verifworks Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Verifworks Private Limited has fallen by -18.75%.

  • What change has been observed in the net worth of Verifworks Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Verifworks Private Limited has experienced an upsurge of 19.69%.

  • When was the last Balance Sheet of Verifworks Private Limited filed with the ROC?

    The most recent Balance Sheet for Verifworks Private Limited was filed with the ROC on 31 Mar 2024.

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