Veritable Multiserv India Private Limited

Veritable Multiserv India Private Limited - information technology in Lucknow, Uttar Pradesh, India. FY 2026 financials & compliance.
CIN U42900UP2018PTC107088 Incorporated 21 August 2018 ROC Kanpur HQ Lucknow, Uttar Pradesh, India
Active Private Limited Company information technology Startup India MSME · Micro
Data last updated
Revenue · FY 2025
₹4.24 Cr
▼ 19% YoY
Net profit · FY 2025
₹27.52 Lakh
Net margin 6.5%
EBITDA · FY 2025
₹38.67 Lakh
EBITDA margin 9.1%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Employees · EPFO
38
Provident fund records
Directors on board
3
As per MCA filings

About Veritable Multiserv India Private Limited

Data last updated:

Veritable Multiserv India Private Limited is a private limited company based in Lucknow, Uttar Pradesh, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 21 August 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U42900UP2018PTC107088. Its GSTIN is 09AAGCV5454L1ZQ (Uttar Pradesh).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Krashn Kumar (Whole-Time Director) and Jitendra Pandey.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 322 Adil Nagar Kalyanpur, Lucknow, Uttar Pradesh, India – 226022.

As per the financials filed for FY 2025, the company reported a revenue of ₹4.24 Cr, a decline of 19% compared to the previous year. For the same year it recorded a net profit of ₹27.52 Lakh (net margin 6.5%) and EBITDA of ₹38.67 Lakh (EBITDA margin 9.1%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 87% over five years.

The company has about 38 employees on its provident fund (EPFO) records.

Court records list 13 cases involving the company, including 13 filed against it; 5 cases are pending.

Veritable Multiserv India Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-50-0081448). For more details, the company can be reached via its website veritableindia.com.

Company details

CIN U42900UP2018PTC107088
Registration Number 107088
Incorporation Date 21 August 2018
ROC Kanpur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-UP-50-0081448

CIN history

Veritable Multiserv India has one previous CIN (Corporate Identification Number): U72900UP2018PTC107088. The current CIN is U42900UP2018PTC107088, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U42900UP2018PTC107088Current
U72900UP2018PTC107088Previous

Recognitions & Rankings of Veritable Multiserv India

Startup India Government of India
MSME (Udyam registered) Ministry of MSME
Category
Micro (2023-24)
Udyam number
UDYAM-UP-50-0081448

Contact details

Veritable Multiserv India Private Limited's registered office is in Lucknow, Uttar Pradesh.

  • Registered Address
    322 Adil Nagar Kalyanpur, Lucknow, Uttar Pradesh, India – 226022
  • Industry
    Information Technology, IT Consulting & Support Services
Comprehensive company report
Veritable Multiserv India Private Limited - one report that includes everything
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  • 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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Business activity

The main business activity of Veritable Multiserv India is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM9Other professional, scientific and technical activities

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

Financials of Veritable Multiserv India Private Limited

FY 2024 filings available

Veritable Multiserv India Private Limited reported revenue of ₹4.24 Cr (down 19% YoY) for FY 2025.

Revenue · FY 2025
₹4.24 Cr ▼ 19%
Net profit · FY 2025
₹27.52 Lakh margin 6.5%
EBITDA · FY 2025
₹38.67 Lakh margin 9.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 19%
3 years · compounded
▲ 6%
5 years · compounded
▲ 87%
EBITDA CAGR growth
1 year
▲ 333%
3 years · compounded
▲ 19%
5 years · compounded
▲ 114%

Revenue fell 19% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 87%. EBITDA rose 333% 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹38.67 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹27.52 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 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin9.1%
Net Profit Margin6.5%
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 Veritable Multiserv India Private Limited, buy the company report.

Board of directors of Veritable Multiserv India Private Limited

Veritable Multiserv India has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Jitendra PandeyDirector02 May 20251 Years 5 MonthsCurrent
Abhishek SinghDirector20 Apr 20242 Years 6 MonthsCurrent
Krashn KumarWhole-Time Director21 Aug 20188 Years 2 MonthsCurrent

MSME payment delays

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

GST

Veritable Multiserv India has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
09AAGCV5454L1ZQUttar PradeshActive05 Oct 2018

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

Recent activity

Veritable Multiserv India Private Limited has 7 board changes on record since 2018: 3 appointments and 4 cessations. The latest: Abhishek Singh ceased to be Director on 02 May 2025.

Ceased
Abhishek Singh ceased to be Director.
Appointed
Jitendra Pandey was appointed as Director.
AGM
Veritable Multiserv India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Vinod Kumar ceased to be Director.
Ceased
Suresh Kumar ceased to be Additional Director.
Appointed
Abhishek Singh was appointed as Director.
Filing
Veritable Multiserv India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kanpur.
Ceased
Raksha Tiwari ceased to be Whole-Time Director.
Appointed
Krashn Kumar was appointed as Whole-Time Director.
Incorporation
21 Aug 2018
Veritable Multiserv India Private Limited was registered on 21 Aug 2018 with Roc Kanpur & aged 8 years 2 months as per MCA records.

Frequently asked questions

Veritable Multiserv India is an active private limited company based in Lucknow, Uttar Pradesh, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 21 August 2018 (8+ years old) and is registered under CIN U42900UP2018PTC107088.

Veritable Multiserv India has 3 current directors:

The latest financial statements of Veritable Multiserv India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2019 are in the company report.

The GSTIN of Veritable Multiserv India is 09AAGCV5454L1ZQ, registered in Uttar Pradesh.

The CIN (Corporate Identification Number) of Veritable Multiserv India is U42900UP2018PTC107088. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Veritable Multiserv India has 13 court cases on record: 13 filed against it. 5 are pending.

Veritable Multiserv India was incorporated on 21 August 2018, making it 8+ years old. It is registered with the Registrar of Companies, Kanpur.

Abhishek Singh ceased to be Director on 02 May 2025. Jitendra Pandey was appointed as Director on 02 May 2025. Vinod Kumar ceased to be Director on 07 Sep 2024. Veritable Multiserv India has 7 board changes on record in total.

Yes, Veritable Multiserv India is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Yes, Veritable Multiserv India is registered as a micro enterprise under Udyam registration (number: UDYAM-UP-50-0081448).