About Veritas Securities Private Limited
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Veritas Securities Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 25 May 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U67120TG2009PTC063752. Its GSTIN is 36AADCV0045Q1Z1 (Telangana).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors Srinivas Suryaprakash Kuruganti (Managing Director) and Venkatavijaya Lakshmi Kuruganti (Whole-Time Director).
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 Flat No. 506 Sri Sai Gardens Ganesh Nagar Opp Tv Studio Ramanthapur, Hyderabad, Telangana, India – 500013.
As per the financials filed for FY 2025, the company reported a revenue of ₹36.86 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹54.67 Lakh (net margin 1.5%) and EBITDA of ₹60.78 Lakh (EBITDA margin 1.6%). Revenue has grown at a compounded annual rate (CAGR) of 466% over three years and 174% over five years.
The company is associated with 1 brand: Veritassec. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website veritassec.com.
Company details
CIN history
Veritas Securities has one previous CIN (Corporate Identification Number): U67120AP2009PTC063752. The current CIN is U67120TG2009PTC063752, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U67120TG2009PTC063752 | Current |
| U67120AP2009PTC063752 | Previous |
Contact details
Veritas Securities Private Limited's registered office is in Hyderabad, Telangana. Its website is veritassec.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressFlat No. 506 Sri Sai Gardens Ganesh Nagar Opp Tv Studio Ramanthapur, Hyderabad, Telangana, India – 500013
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Veritas Securities Private Limited, buy the company report.
- 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
Brands
Veritas Securities operates one associated brand: Veritassec. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides fixed income investments and wealth management for institutional clients in India. | veritassec.com |
Business activity
The main business activity of Veritas Securities is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Veritas Securities Private Limited, buy the company report.
Financials of Veritas Securities Private Limited
FY 2025 filings availableVeritas Securities Private Limited reported revenue of ₹36.86 Cr (up 174% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 174% over five years, including 174% growth in the latest year. EBITDA rose 798% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹60.78 Lakh | ||||
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| Net Profit (PAT) | ₹54.67 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.6% | ||||
| Net Profit Margin | 1.5% | ||||
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To see the full financial statements and ratios of Veritas Securities Private Limited, buy the company report.
Board of directors of Veritas Securities Private Limited
Veritas Securities has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkatavijaya Lakshmi Kuruganti | Whole-Time Director | 25 May 2009 | 17 Years 5 Months | Current |
| Srinivas Suryaprakash Kuruganti | Managing Director | 31 Jul 2009 | 17 Years 3 Months | Current |
Peer comparison
Veritas Securities Private Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (Broking Services), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Clarion Insurance Broking Services Private Limited | ₹37.18 Cr (FY 2024) | 108.0% | Ahmedabad, Gujarat, India | |||
| International Currency Services Private Limited | ₹37.07 Cr (FY 2019) | 91.0% | Chennai, Tamil Nadu, India | |||
| Veritas Securities Private Limitedthis company | ₹36.86 Cr (FY 2025) | ₹54.67 Lakh | 1.5% | 174.0% | Hyderabad, Telangana, India | |
| Krishnarpan Investments Private Limited | ₹36.43 Cr (FY 2025) | 3.0% | Kanpur, Uttar Pradesh, India |
To see the full peer comparison of Veritas Securities Private Limited, buy the company report.
Auditor
Veritas Securities Private Limited is audited by MURTHY AND PRASAD & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MURTHY AND PRASAD & CO | FY 2017 | 005930SI |
Shareholding
The shareholding of Veritas Securities Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Veritas Securities Private Limited, buy the company report.
Legal cases
Veritas Securities Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nalgonda, Telangana | Civil suit | Filed against the company by an individual | Pending |
To see the full case history of Veritas Securities 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 Securities Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Veritas Securities has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AADCV0045Q1Z1 | Telangana | Active | 28 Apr 2021 |
To see the full GST registrations and return filing status of Veritas Securities Private Limited, buy the company report.
Recent activity
Veritas Securities Private Limited has 6 board changes on record since 2009: 2 appointments and 4 cessations. The latest: Srinivas Suryaprakash Kuruganti ceased to be Additional Director on 05 Sep 2011.
Frequently asked questions
Veritas Securities is an active private limited company based in Hyderabad, Telangana, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 25 May 2009 (17+ years old) and is registered under CIN U67120TG2009PTC063752.
Veritas Securities has 2 current directors:
- Srinivas Suryaprakash Kuruganti - Managing Director
- Venkatavijaya Lakshmi Kuruganti - Whole-Time Director
The latest financial statements of Veritas Securities 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 Securities is 36AADCV0045Q1Z1, registered in Telangana.
The CIN (Corporate Identification Number) of Veritas Securities is U67120TG2009PTC063752. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Veritas Securities has 1 court case on record: 1 filed against it. 1 is pending.
Veritas Securities was incorporated on 25 May 2009, making it 17+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Veritas Securities by revenue are Clarion Insurance Broking Services Private Limited, International Currency Services Private Limited, Krishnarpan Investments Private Limited, all in the BFSI industry (Broking Services), with the same principal business activity (other financial activities).
Srinivas Suryaprakash Kuruganti ceased to be Additional Director on 05 Sep 2011. Venkatavijaya Lakshmi Kuruganti ceased to be Director on 05 Sep 2011. Govindaraju Venkata Lakshmi ceased to be Director on 11 Jun 2010. Veritas Securities has 6 board changes on record in total.
Veritas Securities can be reached through the website veritassec.com. Its registered office is in Hyderabad, Telangana, India.
The registered office of Veritas Securities is at Flat No. 506 Sri Sai Gardens Ganesh Nagar Opp Tv Studio Ramanthapur, Hyderabad, Telangana, India – 500013.
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