Veritas Polychem Private Limited - Company Profile

It is a energy and power private limited company based in Mumbai, Maharashtra, India, established in 2011.

2011 Mumbai, Maharashtra, India Amalgamated

Last Updated: July 25, 2025

About Veritas Polychem Private Limited

Veritas Polychem Private Limited, a amalgamated private limited company, was established on 24 January 2011 in Mumbai, Maharashtra, India. Engaging in oil & gas infrastructure services within the energy and power sector, it holds CIN: U24233MH2011PTC212664. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹1.00 Cr and a paid-up capital of ₹1.00 Cr.

Formerly known as Gv Poly Chem India Private Limited, Vil Polymer Private Limited. It upholds a compliant status. Its leadership includes Purvi Samir Matani (Director), Praveen Bhatnagar (Director), Nitinkumar Dindayal Didwania (Director). Past directors included Purvi Samir Matani, Shashikant Bagaria, Nitinkumar Dindayal Didwania. Its latest AGM occurred on 28 September 2022, with the balance sheet filed on 31 March 2022. It is based at 701 Embassy Centre, Nariman Point,, Mumbai, Maharashtra, 400021.

Company Details

CIN/LLPIN
U24233MH2011PTC212664
Registration Number
212664
Incorporation Date
24 January 2011
Authorized Capital
₹1.00 Cr
Paid-Up Capital
₹1.00 Cr
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Amalgamated

Key Metrics

Authorised Capital ₹ 1.00 Cr as on 25-07-2025
Paid Up Capital ₹ 1.00 Cr as on 25-07-2025
Company Age 15 Year, 5 Months
Last Filing with ROC 31 Mar 2022
Revenue Growth **** % (FY 2022)
Ebitda ****
Net Worth 10.60% (FY 2022)
Total Assets **** 0.70% (FY 2022)

Comprehensive Company Insights

Explore comprehensive insights into Veritas Polychem Private 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 Polychem Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Purvi Samir Matani	Director	16 Mar 2020	Current
Praveen Bhatnagar	Director	25 May 2017	Current
Nitinkumar Dindayal Didwania	Director	07 Dec 2015	Current
Kunal Sharma	Director	31 Mar 2018	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	29 Sep 2020	Past
Pramod Abcsdd	Additional Director	30 Sep 2015	Past
Pramod Abcsdd	Director	31 Mar 2015	Past
Pramod Abcsdd	Additional Director	30 Sep 2015	Past
Pramod Abcsdd	Additional Director	26 Sep 2018	Past
Pramod Abcsdd	Additional Director	30 Sep 2016	Past

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Financial Performance of Veritas Polychem.

Veritas Polychem Private Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth Soared by an impressive increase of 10.6%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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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

********

*******

Revenue from Operations

*******

Total Assets

*******

0.70%

*******

Profit or Loss

*******

Net Worth

*******

10.60%

*******

EBITDA

*******

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What is the Ownership and Shareholding Structure of Veritas Polychem?

In 2021, Veritas Polychem had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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How Many Employees Work at Veritas Polychem?

Unlock and access historical data on people associated with Veritas Polychem, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

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Rating

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Alerts

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Latest Updates, News, and FAQs on Veritas Polychem

Recent Activity within the Organization

Annual General Meeting

Progress on Veritas Polychem Private Limited last Annual general meeting of members was held on 28 Sep 2022 as per latest MCA records. was documented.
28 Sep 2022
Balance Sheet

Veritas Polychem Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Mumbai. was recorded as a recent event.
31 Mar 2022
Director Appointment

The activity Purvi Samir Matani was appointed as a Director was appointed as a Director on 16 Mar 2020 & has been associated with this company since 6 years 3 months . was completed.
16 Mar 2020
Director Appointment

Kunal Sharma was appointed as a Director was appointed as a Director on 31 Mar 2018 & has been associated with this company since 8 years 3 months . was recorded as a recent event.
31 Mar 2018
Director Appointment

Praveen Bhatnagar was appointed as a Director was appointed as a Director on 25 May 2017 & has been associated with this company since 9 years 1 month . was recorded as a recent event.
25 May 2017
Director Appointment

Nitinkumar Dindayal Didwania was appointed as a Director was appointed as a Director on 07 Dec 2015 & has been associated with this company since 10 years 6 months . was recorded as a recent event.
07 Dec 2015

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