Verite Software Private Limited
About Verite Software Private Limited
Data last updated:
Verite Software Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 04 April 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U30007MH2005PTC152392.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2.7 Lakh. It is led by directors including Rajshree Suresh Tapuriah and Suresh Chandra Tapuriah.
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 Commerce House 4th Floor 3 Carrimbhoy Road Ballard Estate, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.31 Cr, a decline of 45% compared to the previous year. For the same year it recorded a net profit of ₹48.91 Lakh (net margin 14.8%) and EBITDA of ₹59.45 Lakh (EBITDA margin 18%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 10% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Verite Software Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressCommerce House 4th Floor 3 Carrimbhoy Road Ballard Estate, Mumbai, Maharashtra, India – 400001
- IndustryFinancial Services, Financial Activities
To see the full contact details of Verite Software 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
Business activity
The main business activity of Verite Software 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 Verite Software Private Limited, buy the company report.
Financials of Verite Software Private Limited
FY 2025 filings availableVerite Software Private Limited reported revenue of ₹3.31 Cr (down 45% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 45% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 10%. EBITDA rose 1% 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 | ₹59.45 Lakh | ||||
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| Net Profit (PAT) | ₹48.91 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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| Profitability | |||||
| EBITDA Margin | 18% | ||||
| Net Profit Margin | 14.8% | ||||
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To see the full financial statements and ratios of Verite Software Private Limited, buy the company report.
Board of directors of Verite Software Private Limited
Verite Software has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajshree Suresh Tapuriah Also directs: Yuvak Ventures Private Limited, Rajshree Trade & Development Private Limited, Mansoon Trading Company Limited and 2 more | Director | 19 Apr 2007 | 19 Years 6 Months | Current |
| Suresh Chandra Tapuriah Also directs: Raajita Audio Video Company Private Limited, Consilium Communications Private Limited, Yuvak Ventures Private Limited and 5 more | Director | 19 Apr 2007 | 19 Years 6 Months | Current |
| Rachana Rahul Morarka Also directs: Rajshree Trade & Development Private Limited | Director | 06 Aug 2007 | 19 Years 3 Months | Current |
Peer comparison
Verite Software Private Limited is compared with the 9 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Chandra Lakshmi Fraternity Fund Private Limited | ₹3.32 Cr (FY 2022) | 17.0% | New Delhi, Delhi, India | |||
| Stic Tradecomm Private Limited | ₹3.32 Cr (FY 2016) | -68.0% | Kolkata, West Bengal, India | |||
| Fortune Wealthpro Private Limited | ₹3.32 Cr (FY 2025) | -30.0% | Ahmedabad, Gujarat, India | |||
| Suyash Superstake Investment Private Limited | ₹3.32 Cr (FY 2025) | 85.0% | Raipur, Chhattisgarh, India | |||
| Shiv Parvati Leasing Private Limited | ₹3.31 Cr (FY 2025) | -57.0% | Kolkata, West Bengal, India | |||
| Verite Software Private Limitedthis company | ₹3.31 Cr (FY 2025) | ₹48.91 Lakh | 14.8% | -45.0% | Mumbai, Maharashtra, India | |
| Sushil Jain Holdings Private Limited | ₹3.31 Cr (FY 2024) | 287.0% | New Delhi, Delhi, India | |||
| Indian Agro and Food Industries Limited | ₹3.31 Cr (FY 2025) | 3160.0% | Rajnandgaon, Chhattisgarh, India | |||
| Juggilal Kamlapat Holding Limited. | ₹3.31 Cr (FY 2016) | 8.0% | Uttar Pradesh, India | |||
| Swastika Fin-Mart Private Limited | ₹3.31 Cr (FY 2018) | 61.0% | Indore, Madhya Pradesh, India |
To see the full peer comparison of Verite Software Private Limited, buy the company report.
Auditor
Verite Software Private Limited is audited by S M M P & Associates for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S M M P & Associates | FY 2017 | 120438W |
Shareholding
The shareholding of Verite Software 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 Verite Software Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Verite Software 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 Software Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Verite Software Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Verite Software Private Limited has 7 board changes on record since 2007: 3 appointments and 4 cessations. The latest: Rachana Rahul Morarka ceased to be Additional Director on 29 Sep 2007.
Frequently asked questions
Verite Software is an active private limited company based in Mumbai, Maharashtra, India. The company works in financial activities, within the financial services industry. It was incorporated on 04 April 2005 (21+ years old) and is registered under CIN U30007MH2005PTC152392.
Verite Software has 3 current directors:
- Rajshree Suresh Tapuriah - Director
- Suresh Chandra Tapuriah - Director
- Rachana Rahul Morarka - Director
The latest financial statements of Verite Software 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 CIN (Corporate Identification Number) of Verite Software is U30007MH2005PTC152392. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Verite Software was incorporated on 04 April 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Verite Software by revenue are Chandra Lakshmi Fraternity Fund Private Limited, Stic Tradecomm Private Limited, Fortune Wealthpro Private Limited, Suyash Superstake Investment Private Limited, Shiv Parvati Leasing Private Limited and 4 more, all in the same principal business activity (other financial activities).
Rachana Rahul Morarka ceased to be Additional Director on 29 Sep 2007. Ajit Jain ceased to be Director on 06 Aug 2007. Pratibha Rikabchand Jain ceased to be Director on 06 Aug 2007. Verite Software has 7 board changes on record in total.
The registered office of Verite Software is at Commerce House 4th Floor 3 Carrimbhoy Road Ballard Estate, Mumbai, Maharashtra, India – 400001.
Verite Software operates in the financial services industry, in the financial activities segment.
The compliance status of Verite Software is compliant as of 24 August 2026. The company is actively filing with the Registrar of Companies.
Verite Software can be reached at its registered office: Commerce House 4th Floor 3 Carrimbhoy Road Ballard Estate, Mumbai, Maharashtra, India – 400001.
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