MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-33-0062744
Veritas Logistics Private Limited - transport and logistics in Navi Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹85.2 Cr
▲ 44% YoY
Net profit · FY 2024
₹11.13 Cr
Net margin 13.1%
EBITDA · FY 2024
₹20.52 Cr
EBITDA margin 24.1%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹39.79 Lakh
Issued & subscribed
Open charges
₹6.15 Cr
Satisfied ₹24 Cr
Company age
22 yrs
Est. 2004
Employees · EPFO
80
Provident fund records
About Veritas Logistics Private Limited
Data last updated:
Veritas Logistics Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 10 February 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U63000MH2004PTC144438. Its GSTIN is 27AABCV8164G1Z3 (Maharashtra). The company holds 6 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹39.79 Lakh. It is led by directors including Rishab Koshy (Managing Director) and Meenakshi Mammootil Koshy.
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 Navi Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹85.2 Cr, a growth of 44% compared to the previous year. For the same year it recorded a net profit of ₹11.13 Cr (net margin 13.1%) and EBITDA of ₹20.52 Cr (EBITDA margin 24.1%). Revenue has grown at a compounded annual rate (CAGR) of 41% over three years and 26% over five years.
The company has about 80 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Veritas Logisitcs. As per MCA filings, the company has open charges of ₹6.15 Cr and satisfied charges of ₹24 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company. The company has 1 deal on record (1 secondary share transfer); the latest was in October 2017.
Veritas Logistics Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0062744). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website veritaslogistics.com.
Company details
CIN U63000MH2004PTC144438
Registration Number 144438
Incorporation Date 10 February 2004
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-33-0062744
Key People
Rishab Koshy Managing Director Meenakshi Mammootil Koshy Director Sonali Sanjay Menon Director Recognitions & Rankings of Veritas Logistics
Contact details
Veritas Logistics Private Limited's registered office is in Navi Mumbai, Maharashtra. Its website is veritaslogistics.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOffice No. 1203 Mayuresh Chambers Premises Co – Op Soc Ltd. Plot No.60 Sector No. 11 CBD, Belapur, Navi Mumbai, Maharashtra, India – 400614
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of Veritas Logistics Private Limited, buy the company report.
Comprehensive company report
Veritas Logistics 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
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Brands
Veritas Logistics operates one associated brand: Veritas Logisitcs. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers custom bonded, general, and cold warehousing services for business logistics across multiple locations. | veritaslogistics.com |
Business activity
The main business activity of Veritas Logistics is transport and storage. In detail, this covers warehousing and storage.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H6 | Warehousing and storage |
To see the full business activity and turnover split of Veritas Logistics Private Limited, buy the company report.
Financials of Veritas Logistics Private Limited
FY 2025 filings availableVeritas Logistics Private Limited reported revenue of ₹85.2 Cr (up 44% YoY) for FY 2024.
Revenue · FY 2024
₹85.2 Cr ▲ 44%
Net profit · FY 2024
₹11.13 Cr margin 13.1%
EBITDA · FY 2024
₹20.52 Cr margin 24.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 44%
3 years · compounded
▲ 41%
5 years · compounded
▲ 26%
EBITDA CAGR growth
1 year
▲ 49%
3 years · compounded
▲ 40%
5 years · compounded
▲ 28%
Revenue has grown at a compounded annual rate (CAGR) of 26% over five years, including 44% growth in the latest year. EBITDA rose 49% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹20.52 Cr | ||||
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| Net Profit (PAT) | ₹11.13 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 24.1% | ||||
| Net Profit Margin | 13.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Veritas Logistics Private Limited, buy the company report.
Board of directors of Veritas Logistics Private Limited
Veritas Logistics has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Meenakshi Mammootil Koshy Also directs: Hopfirst Infocomm Private Limited | Director | 26 Mar 2018 | 8 Years 7 Months | Current |
| Sonali Sanjay Menon Also directs: Bulwark India Lubricants LLP, Sonarys Co-Brands Private Limited | Director | 10 Feb 2004 | 22 Years 8 Months | Current |
| Rishab Koshy | Managing Director | 15 Feb 2020 | 6 Years 8 Months | Current |
| Lalitha Balaram Menon | Director | 10 Feb 2004 | 22 Years 8 Months | Current |
Auditor
Veritas Logistics Private Limited is audited by AMBAVAT JAIN AND ASSOCIATES LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AMBAVAT JAIN AND ASSOCIATES LLP | FY 2023 | 109681W |
Shareholding
The shareholding of Veritas Logistics Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Veritas Logistics Private Limited, buy the company report.
Charges & borrowings
Open charges
₹6.15 Cr
Satisfied charges
₹24 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Jun 2025 | 101111813 | Others | ₹6 Cr | Open | |
| 09 Jan 2024 | 100853108 | Hdfc Bank Limited | ₹14.78 Lakh | Open | |
| 21 Nov 2020 | 100417325 | Axis Bank Limited | ₹15 Cr | Satisfied | |
| 30 Sep 2020 | 100393386 | Axis Bank Limited | ₹5 Cr | Satisfied | |
| 11 Mar 2013 | 10416262 | Standard Chartered Bank | ₹4 Cr | Satisfied |
To see the full charge records of Veritas Logistics Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Veritas Logistics Private Limited has 1 deal on record (1 secondary share transfer); the latest was in October 2017.
Total deals
1
Secondary share transfer
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2017 | Secondary share transfer | Undisclosed | Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Veritas Logistics Private Limited has 2 court cases on record: 2 filed by Veritas Logistics. All cases are disposed.
Total cases
2
Filed by the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed by the company against Union of India and 4 others | Disposed |
| Bombay High Court | Writ petition | Filed by the company against Union of India and Ors. | Disposed |
To see the full case history of Veritas Logistics Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Veritas Logistics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Veritas Logistics Private Limited has a workforce of 80 employees on its EPFO records as of Mar 23, 2024, across 1 active EPFO establishment.
Employee count
80
Active EPFO establishments
1
Employee growth
-1.23%
GST
Veritas Logistics has 6 GST registrations: 5 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
6
Active
5
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCV8164G1Z3 | Maharashtra | Active | 01 Jul 2017 |
| 29AABCV8164G1ZZ | Karnataka | Active | 06 Jul 2017 |
| 07AABCV8164G2Z4 | Delhi | Active | 11 Jul 2017 |
| 08AABCV8164G1Z3 | Rajasthan | Active | 17 Mar 2023 |
To see the full GST registrations and return filing status of Veritas Logistics Private Limited, buy the company report.
Recent activity
Veritas Logistics Private Limited has 7 board changes on record since 2004: 4 appointments and 3 cessations. The latest: Rishab Koshy ceased to be Director on 30 Dec 2020.
AGM
Veritas Logistics Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge registered on 30 Sep 2020 via Charge ID 100393386 with Axis Bank Limited was fully satisfied on 10 Jul 2025.
Charges
A charge with Others amounted to Rs. 6.00 Cr with Charge ID 101111813 was registered on 11 Jun 2025.
Charges
A charge with Axis Bank Limited of Rs. 5.00 Cr registered on 30 Sep 2020 with Charge ID 100393386 was modified on 06 May 2025.
Filing
Veritas Logistics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.15 Cr with Charge ID 100853108 was registered on 09 Jan 2024.
Charges
A charge registered on 21 Nov 2020 via Charge ID 100417325 with Axis Bank Limited was fully satisfied on 30 Oct 2023.
Ceased
Rishab Koshy ceased to be Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 15.00 Cr with Charge ID 100417325 was registered on 21 Nov 2020.
Charges
A charge with Axis Bank Limited amounted to Rs. 5.00 Cr with Charge ID 100393386 was registered on 30 Sep 2020.
Ceased
Mammootil Thomas Koshy ceased to be Director.
Appointed
Rishab Koshy was appointed as Managing Director.
8 earlier events are in the company report.
Frequently asked questions
Veritas Logistics is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 10 February 2004 (22+ years old) and is registered under CIN U63000MH2004PTC144438.
Veritas Logistics has 4 current directors:
- Rishab Koshy - Managing Director
- Meenakshi Mammootil Koshy - Director
- Sonali Sanjay Menon - Director
- Lalitha Balaram Menon - Director
The latest financial statements of Veritas Logistics 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 2015 are in the company report.
The GSTIN of Veritas Logistics is 27AABCV8164G1Z3, registered in Maharashtra. The company has 6 GST registrations in all, of which 5 are active and 1 is cancelled or inactive. Other active GSTINs include 29AABCV8164G1ZZ (Karnataka), 07AABCV8164G2Z4 (Delhi), 08AABCV8164G1Z3 (Rajasthan).
The CIN (Corporate Identification Number) of Veritas Logistics is U63000MH2004PTC144438. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Veritas Logistics has 2 court cases on record: 2 filed by the company.
Veritas Logistics was incorporated on 10 February 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
Veritas Logistics has 1 deal on record (1 secondary share transfer); the latest was in October 2017.
Rishab Koshy ceased to be Director on 30 Dec 2020. Mammootil Thomas Koshy ceased to be Director on 30 Jun 2020. Rishab Koshy was appointed as Managing Director on 15 Feb 2020. Veritas Logistics has 7 board changes on record in total.
Yes, Veritas Logistics is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-33-0062744).