About Verite India Systems Private Limited
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Verite India Systems Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 15 March 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2014PTC254375. Its GSTIN is 27AAECV7930M1ZR (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vaijayanti Vanaraj Kapadia and Vanaraj Suresh Kapadia.
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 501 Bul Tarang 414 – A 14th Road Khar – West, Mumbai, Maharashtra, India – 400052.
As per the financials filed for FY 2025, the company reported a revenue of ₹24.48 Lakh. For the same year it recorded a net profit of ₹6.3 Lakh (net margin 25.7%) and EBITDA of ₹8.57 Lakh (EBITDA margin 35%). Revenue has grown at a compounded annual rate (CAGR) of 893% over three years and 38% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website veriteindia.com.
Company details
Contact details
Verite India Systems Private Limited's registered office is in Mumbai, Maharashtra. Its website is veriteindia.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address501 Bul Tarang 414 – A 14th Road Khar – West, Mumbai, Maharashtra, India – 400052
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Verite India Systems 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
Financials of Verite India Systems Private Limited
FY 2025 filings availableVerite India Systems Private Limited reported revenue of ₹24.48 Lakh for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 38% over five years. 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 | ₹8.57 Lakh | ||||
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| Net Profit (PAT) | ₹6.3 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 35% | ||||
| Net Profit Margin | 25.7% | ||||
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To see the full financial statements and ratios of Verite India Systems Private Limited, buy the company report.
Board of directors of Verite India Systems Private Limited
Verite India Systems has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vaijayanti Vanaraj Kapadia | Director | 15 Mar 2014 | 12 Years 7 Months | Current |
| Vanaraj Suresh Kapadia | Director | 29 Feb 2024 | 2 Years 7 Months | Current |
Auditor
Verite India Systems Private Limited is audited by ZAVERI MEHTA & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ZAVERI MEHTA & CO | FY 2018 | 132897W |
Shareholding
The shareholding of Verite India Systems Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Verite India Systems Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Verite India Systems Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Verite India Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Verite India Systems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECV7930M1ZR | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Verite India Systems Private Limited, buy the company report.
Recent activity
Verite India Systems Private Limited has 4 board changes on record since 2014: 2 appointments and 2 cessations. The latest: Shivani Kapadia ceased to be Director on 06 Mar 2024.
Frequently asked questions
Verite India Systems is an active private limited company based in Mumbai, Maharashtra, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 15 March 2014 (12+ years old) and is registered under CIN U74999MH2014PTC254375.
Verite India Systems has 2 current directors:
- Vaijayanti Vanaraj Kapadia - Director
- Vanaraj Suresh Kapadia - Director
The latest financial statements of Verite India Systems 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 Verite India Systems is 27AAECV7930M1ZR, registered in Maharashtra.
The CIN (Corporate Identification Number) of Verite India Systems is U74999MH2014PTC254375. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Verite India Systems was incorporated on 15 March 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.
Shivani Kapadia ceased to be Director on 06 Mar 2024. Vanaraj Suresh Kapadia was appointed as Director on 29 Feb 2024. Vanaraj Suresh Kapadia ceased to be Director on 31 Dec 2015. Verite India Systems has 4 board changes on record in total.
Verite India Systems can be reached through the website veriteindia.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Verite India Systems is at 501 Bul Tarang 414 – A 14th Road Khar – West, Mumbai, Maharashtra, India – 400052.
Verite India Systems operates in the business outsourcing industry, in the business and IT consulting segment.