About Verinite Technologies Private Limited
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Verinite Technologies Private Limited is a private limited company based in Pune City, Maharashtra, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 01 June 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72200PN2011PTC139722. Its GSTIN is 27AADCV7097E1ZZ (Maharashtra). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹38.61 Lakh. It is led by directors including Ashwin Ramjas and Punam Ashish Katkar.
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 Pune City, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹35.13 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹1.72 Cr (net margin 4.9%) and EBITDA of ₹2.54 Cr (EBITDA margin 7.2%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 19% over five years.
The company has about 223 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Verinite. As per MCA filings, the company has open charges of ₹3.64 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website verinite.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressSurvey No. 32/1 Office No. 14A/15A/16A B Wing Mezzanine Floor, Sterling Towers Pancard Club Baner, Pune City, Maharashtra, India – 411045
- IndustryInformation Technology, IT Consulting & Support Services
- 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
Associated Brands with Verinite Technologies Private Limited
Verinite Technologies operates one associated brand: Verinite. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of suite of digital solutions for payments and lending | verinite.com |
Competitors & Alternatives of Verinite Technologies Private Limited
Brands and companies operating in the same space as Verinite Technologies Private Limited include Stripe, Razorpay, PayU and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Stripe | Payment processing and card issuance solutions are provided for businesses. | San Francisco, United States | 2009 |
 Razorpay | Payment and business banking solutions are provided for enterprises. | Bengaluru, India | 2014 |
 PayU | Online payment processing and credit solutions are provided for businesses. | Amsterdam, Netherlands | 2002 |
 Flutterwave | Provider of payment processing solutions for businesses | San Francisco, United States | 2016 |
 Mintoak | Digital payments and engagement solutions are offered for MSMEs. | Mumbai, India | 2017 |
 Pine Labs | Omnichannel payment solutions, loyalty programs, and business tools are provided. | Noida, India | 1998 |
 HighRadius | Autonomous finance and payment solutions are provided to businesses. | Houston, United States | 2006 |
 ACI Worldwide | Digital payments are processed and managed via specialized solutions. | Omaha, United States | 1975 |
 Airpay | An integrated omnichannel platform for financial services is provided. | Mumbai, India | 2012 |
Business Activity of Verinite Technologies Private Limited
The main business activity of Verinite Technologies is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication 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.
Auditor Details of Verinite Technologies Private Limited
Verinite Technologies Private Limited is audited by KSA & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KSA & Associates | 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 Verinite Technologies Private Limited
Verinite Technologies has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashwin Ramjas | Director | 01 Jun 2011 | 15 Years 4 Months | Current |
| Punam Ashish Katkar | Director | 10 Jun 2015 | 11 Years 3 Months | Current |
| Salil Anil Gokhale | Director | 01 Oct 2012 | 14 Years 0 Months | Current |
| Ashish Amrutrao Katkar | Director | 01 Jun 2011 | 15 Years 4 Months | Current |
Financials of Verinite Technologies Private Limited FY 2025 filings available
Verinite Technologies Private Limited reported revenue of ₹35.13 Cr (up 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Verinite Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 3% growth in the latest year. EBITDA rose 21% 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 Verinite Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹2.54 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.72 Cr | •••• | •••• | •••• | •••• |
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Financial Ratios of Verinite Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.9% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
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| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
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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 Verinite Technologies 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.
Ownership and Shareholding of Verinite Technologies 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 Verinite Technologies Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Aug 2023 | Hdfc Bank Limited | ₹3.5 Cr | Open |
| 23 Mar 2015 | Hdfc Bank Limited | ₹14 Lakh | Open |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Verinite Technologies Private Limited
Verinite Technologies Private Limited has a workforce of 223 employees as of Apr 09, 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.
GST Compliance of Verinite Technologies Private Limited
Verinite Technologies has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCV7097E1ZZ | Maharashtra | Active | 01 Jul 2017 |
| 33AADCV7097E1Z6 | Tamil Nadu | Active | 04 May 2021 |
| 27AADCV7097E2ZY | Maharashtra | Active | 09 Jul 2024 |
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.
Credit Ratings, Litigation & Regulatory Alerts for Verinite Technologies 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 Verinite Technologies 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 Verinite Technologies 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.
MCA Filings & Documents of Verinite Technologies 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.
Recent Activity on Verinite Technologies Private Limited
Frequently Asked Questions about Verinite Technologies Private Limited
Verinite Technologies is an active private limited company based in Pune City, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 01 June 2011 (15+ years old) and is registered under CIN U72200PN2011PTC139722.
Verinite Technologies reported revenue of ₹35.13 Cr for FY 2025 (up 3% YoY).
Verinite Technologies has 4 current directors:
- Ashwin Ramjas - Director
- Punam Ashish Katkar - Director
- Salil Anil Gokhale - Director
- Ashish Amrutrao Katkar - Director
Verinite Technologies reported a net profit of ₹1.72 Cr (net margin 4.9%) and EBITDA of ₹2.54 Cr (EBITDA margin 7.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Verinite Technologies is 21% over three years and 19% over five years. In the latest year (FY 2025) revenue rose 3%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Verinite Technologies is 27AADCV7097E1ZZ, registered in Maharashtra. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 33AADCV7097E1Z6 (Tamil Nadu), 27AADCV7097E2ZY (Maharashtra).
The CIN (Corporate Identification Number) of Verinite Technologies is U72200PN2011PTC139722. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Verinite Technologies was incorporated on 01 June 2011, making it 15+ years old. It is registered with the Registrar of Companies, Pune.
Verinite Technologies can be reached through the website verinite.com. Its registered office is in Pune City, Maharashtra, India.