Veritas Stainless Co. Private Limited - Company Profile

It is a metals and minerals private limited company based in Mumbai, Maharashtra, India, established in 2010.
2010 Mumbai, Maharashtra, India Active
Last Updated:
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About Veritas Stainless Co. Private Limited

Veritas Stainless Co. Private Limited, a active private limited company, was established on 23 June 2010 in Mumbai, Maharashtra, India. Engaging in steel manufacturing & processing within the trade sector, it holds CIN: U27100MH2010PTC204743. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹5.00 M and a paid-up capital of ₹5.00 M.

It upholds a compliant status. Its leadership includes Sumerlal Mishrimal Shah (Director), Ritesh Sumermal Shah (Director), Pankhiben Sumermal Shah (Director). Past directors included Pankhiben Sumermal Shah, Manju Ritesh Shah. It holds ₹5.48 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at 48/50, 2Nd Carpenter Street, 1St Floor, N. D. Road,, Mumbai, Maharashtra, 400004.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U27100MH2010PTC204743

  • Registration Number

    204743

  • Incorporation Date

    23 June 2010

  • Authorized Capital

    ₹5.00 M

  • Paid-Up Capital

    ₹5.00 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 16 Year, 14 Days
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 5.48 Cr
  • Revenue Growth **** -18.94%
  • Profit Growth **** 27.69%
  • Ebitda **** 11.65%
  • Net Worth 4.58%
  • Total Assets **** 2.10%
Company report

Veritas Stainless Co. Private Limited

Company Report FY 2026-2027

Comprehensive Company Insights

Explore comprehensive insights into Veritas Stainless Co. 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 Stainless Co. Private Limited?
Current Directors
Name Designation Appointment Date Status
Sumerlal Mishrimal Shah Director 23 Jun 2010 Current
Ritesh Sumermal Shah Director 23 Jun 2010 Current
Pankhiben Sumermal Shah Director 20 Dec 2022 Current
Manju Ritesh Shah Director 20 Dec 2022 Current
Vivaan Ritesh Shah Additional Director 02 Jan 2026 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 28 Sep 2023 Past
Pramod Abcsdd Additional Director 28 Sep 2023 Past

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Financial Performance of Veritas Stainless Co..

Veritas Stainless Co. Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 18.94% decrease. The company also saw a substantial improvement in profitability, with a 27.69% increase in profit. The company's net worth moved up by a moderate rise of 4.58%.

Veritas Stainless Co. revenue growth over time
Veritas Stainless Co. profit and loss trends over time
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
  • 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
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 -18.94%
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Revenue from Operations
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 -19.70%
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Total Assets
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 2.10%
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*******
Profit or Loss
*******
 27.69%
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Net Worth
*******
 4.58%
*******
*******
*******
*******
EBITDA
*******
 11.65%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Veritas Stainless Co.?

Unlock access to Veritas Stainless Co.'s control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Pattern (FY 2024)
shareholding
  • 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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Charges (Loans)
Open Charges

₹54,800,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Bank Of Baroda : 4.75 Cr
  • Others : 0.73 Cr
Latest Charge Details
Date Lender Amount Status
30 Jan 2024 Others ₹1.50 M Open
02 Dec 2021 Others ₹3.40 M Open
02 Dec 2021 Others ₹2.40 M Open
12 Jun 2013 Bank Of Baroda ₹4.75 Cr Open

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How Many Employees Work at Veritas Stainless Co.?

Unlock and access historical data on people associated with Veritas Stainless Co., 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
Deals i
Graph showing company valuation over time

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

Rating
Graph displaying rating trends over time

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Alerts
Alert Indicator

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Latest Updates, News, and FAQs on Veritas Stainless Co.
Recent Activity within the Organization
  • Director Appointment

    Vivaan Ritesh Shah was appointed as a Additional Director was appointed as a Additional Director on 02 Jan 2026 & has been associated with this company since 6 months 5 days . was recorded as a recent event.

  • Annual General Meeting

    The activity Veritas Stainless Co. Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was completed.

  • Balance Sheet

    Veritas Stainless Co. Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was recorded as a recent event.

  • Charges

    A charge with Others amounted to Rs. 1.50 M with Charge ID 100867411 was registered on 30 Jan 2024. was recorded as a recent event.

  • Director Appointment

    Progress on Pankhiben Sumermal Shah was appointed as a Director was appointed as a Director on 20 Dec 2022 & has been associated with this company since 3 years 6 months . was documented.

  • Director Appointment

    Progress on Manju Ritesh Shah was appointed as a Director was appointed as a Director on 20 Dec 2022 & has been associated with this company since 3 years 6 months . was documented.

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Frequently Asked Questions
What is the CIN of Veritas Stainless Co. Private Limited?

The CIN of Veritas Stainless Co. Private Limited is U27100MH2010PTC204743.

Where is Veritas Stainless Co. Private Limited headquartered?

Veritas Stainless Co. Private Limited is headquartered at 48/50, 2Nd Carpenter Street, 1St Floor, N. D. Road,, Mumbai, Maharashtra, 400004.

When was Veritas Stainless Co. Private Limited incorporated?

Veritas Stainless Co. Private Limited was incorporated on 23 June 2010.

Who are the current directors of Veritas Stainless Co. Private Limited?

The current directors of Veritas Stainless Co. Private Limited are

What is the primary industry of Veritas Stainless Co. Private Limited?

The primary industry of Veritas Stainless Co. Private Limited is Trade.

Is Veritas Stainless Co. Private Limited a listed company?

Veritas Stainless Co. Private Limited is unlisted.

What is the capital structure of Veritas Stainless Co. Private Limited?

The authorized capital of Veritas Stainless Co. Private Limited is ₹5.00 M, and the paid-up capital is ₹5.00 M.

What is the compliance status of Veritas Stainless Co. Private Limited?

The compliance status of Veritas Stainless Co. Private Limited is Compliant.

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