Veritas Finance Limited Company Logo

Veritas Finance Limited - Company Profile

It is a financial services public limited company based in Chennai City Corporation, Tamil Nadu, India, established in 2015.

2015 | Chennai City Corporation, Tamil Nadu, India | Active
Last Updated:

About Veritas Finance Limited

Veritas Finance Limited, a active public limited company, was established on 30 April 2015 in Chennai City Corporation, Tamil Nadu, India. Engaging in investment & credit nbfc within the financial and insurance service sector, it holds CIN: U65923TN2015PLC100328. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹202.00 Cr and a paid-up capital of ₹131.28 Cr.

It upholds a compliant status. Employing 5,836 professional, Its leadership includes Sankarson Banerjee (Director), Arulmany Duraisamy (Managing Director), Sudhir Narayanankutty Variyar (Nominee Director). Past directors included Venkatesh Natarajan, Joycelyn Prakash Rayen, Sankarson Banerjee. It holds ₹8,934.00 Cr open charges and ₹2,440.55 Cr settled loans. Its latest AGM occurred on 21 July 2025, with the balance sheet filed on 31 March 2025. It is based at Skcl Central Square 1,, South And North Wing, 7Th Floor, Unit # C28 - C35, Cipet Road, Thiru Vi Ka Industrial Estate, Guindy, Chennai City Corporation, Tamil Nadu, 600032.

Company Details

  • CIN/LLPIN

    U65923TN2015PLC100328

  • Registration Number

    100328

  • Incorporation Date

    30 April 2015

  • Authorized Capital

    ₹202.00 Cr

  • Paid-Up Capital

    ₹131.28 Cr

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 202.00 Cr
  • Paid Up Capital ₹ 131.28 Cr
  • Company Age 10 Year, 7 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 8,934.00 Cr
  • Satisfied Charges ₹ 2,440.55 Cr
  • Revenue Growth 64.73%
  • Profit Growth 40.27%
  • Ebitda 59.59%
  • Net Worth 46.40%
  • Total Assets 57.11%
Company report

Veritas Finance Limited

Company Report FY 2025-2026

Explore comprehensive insights into Veritas Finance Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Veritas Finance Limited?

Current Directors

NameDesignationAppointment DateStatus
Sankarson BanerjeeDirector27 Mar 2024Current
Arulmany DuraisamyManaging Director30 Apr 2015Current
Sudhir Narayanankutty VariyarNominee Director07 Jul 2023Current
Susan ThomasDirector16 Jul 2024Current
Parin Nalin MehtaNominee Director04 Feb 2022Current
Raj Vikash VermaDirector16 Jul 2024Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector25 Sep 2019Past
Pramod AbcsddDirector30 Nov 2015Past
Pramod AbcsddAdditional Director19 Apr 2024Past
Pramod AbcsddManaging Director02 Jul 2020Past
Pramod AbcsddAdditional Director09 Jul 2023Past
Pramod AbcsddNominee Director24 Jan 2020Past

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Financial Performance of Veritas Finance.

Veritas Finance Private Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 64.73% increase. The company also saw a substantial improvement in profitability, with a 40.27% increase in profit. The company's net worth Soared by an impressive increase of 46.4%.

Veritas Finance revenue growth over time
Veritas Finance 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
64.73%
Revenue from Operations
63.36%
Total Assets
57.11%
Profit or Loss
40.27%
Net Worth
46.40%
EBITDA
59.59%

What is the Ownership and Shareholding Structure of Veritas Finance?

In 2024, Veritas Finance had a promoter holding of 11.70% and a public holding of 88.30%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹89,340,000,000.00

Satisfied Charges

₹24,405,500,000.00

Charges Breakdown by Lending Institutions

  • Others : 4369.00 Cr
  • State Bank Of India : 2100.00 Cr
  • Hdfc Bank Limited : 595.00 Cr
  • Yes Bank Limited : 590.00 Cr
  • Canara Bank : 350.00 Cr
  • Others : 930.00 Cr

Latest Charge Details

DateLenderAmountStatus
25 Sep 2025Others₹150.00 CrOpen
23 Sep 2025State Bank Of India₹30.00 CrOpen
23 Sep 2025State Bank Of India₹300.00 CrOpen
23 Sep 2025State Bank Of India₹300.00 CrOpen
23 Sep 2025Others₹100.00 CrOpen

Explore comprehensive loan charge details -

How Many Employees Work at Veritas Finance?

Veritas Finance has a workforce of 5836 employees as of Apr 04, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Veritas Finance Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Veritas Finance, 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 Veritas Finance's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Veritas Finance

Recent Activity within the Organization

  • Charges

    The activity A charge with Others of Rs. 351.00 Cr registered on 10 Sep 2020 with Charge ID 100373688 was modified on 30 Oct 2025. was completed.

  • Charges

    A charge registered on 27 Mar 2021 via Charge ID 100434727 with Tata Capital Financial Services Limited was fully satisfied on 24 Oct 2025. was recorded as a recent event.

  • Charges

    The activity A charge registered on 29 Sep 2020 via Charge ID 100379945 with Hdfc Bank Limited was fully satisfied on 15 Oct 2025. was completed.

  • Charges

    A charge registered on 29 Sep 2022 via Charge ID 100612345 with Others was fully satisfied on 10 Oct 2025. was recorded as a recent event.

  • Charges

    The activity A charge registered on 29 Sep 2022 via Charge ID 100615726 with Others was fully satisfied on 09 Oct 2025. was completed.

  • Charges

    The activity A charge registered on 26 Sep 2022 via Charge ID 100611974 with Others was fully satisfied on 06 Oct 2025. was completed.

Recent News, Updates & Announcement

Frequently Asked Questions

  • What is the CIN of Veritas Finance Limited?

    The CIN of Veritas Finance Limited is U65923TN2015PLC100328.

  • Where is Veritas Finance Limited headquartered?

    Veritas Finance Limited is headquartered at Skcl Central Square 1,, South And North Wing, 7Th Floor, Unit # C28 - C35, Cipet Road, Thiru Vi Ka Industrial Estate, Guindy, Chennai City Corporation, Tamil Nadu, 600032.

  • When was Veritas Finance Limited incorporated?

    Veritas Finance Limited was incorporated on 30 April 2015.

  • Who are the current directors of Veritas Finance Limited?

    The current directors of Veritas Finance Limited are

  • What is the primary industry of Veritas Finance Limited?

    The primary industry of Veritas Finance Limited is Financial And Insurance Service.

  • Is Veritas Finance Limited a listed company?

    Veritas Finance Limited is unlisted.

  • What is the capital structure of Veritas Finance Limited?

    The authorized capital of Veritas Finance Limited is ₹202.00 Cr, and the paid-up capital is ₹131.28 Cr.

  • What is the compliance status of Veritas Finance Limited?

    The compliance status of Veritas Finance Limited is Compliant.

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