MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0236147
Veritech Infosystems Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹7.45 Cr
▼ 67% YoY
Net loss · FY 2025
₹1.46 Cr
Net margin -19.6%
EBITDA · FY 2025
-₹1.11 Cr
EBITDA margin -14.9%
Authorised capital
₹2 Lakh
Registered with MCA
Paid-up capital
₹1.04 Lakh
Issued & subscribed
Open charges
₹1 Cr
Secured borrowings
Company age
18 yrs
Est. 2008
Employees · EPFO
100
Provident fund records
About Veritech Infosystems Private Limited
Data last updated:
Veritech Infosystems Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 17 October 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2008PTC048041. Its GSTIN is 29AACCV8482E1ZX (Karnataka).
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1.04 Lakh. It is led by directors Sharda Anant Wadhokar and Anant Bhaskarrao Wadhokar.
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 Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.45 Cr, a decline of 67% compared to the previous year. For the same year it recorded a net loss of ₹1.46 Cr (net margin -19.6%) and EBITDA of -₹1.11 Cr (EBITDA margin -14.9%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 31% over five years.
The company has about 100 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Veritable Infotech. As per MCA filings, the company has open charges of ₹1 Cr on record.
Veritech Infosystems Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0236147). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website veritech.co.in.
Company details
CIN U72200KA2008PTC048041
Registration Number 048041
Incorporation Date 17 October 2008
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0236147
Recognitions & Rankings of Veritech Infosystems
Contact details
Veritech Infosystems Private Limited's registered office is in Bangalore, Karnataka. Its website is veritech.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressFlat No. B – 411 4th Floor 13th Cross Admiralty Avenue Apartments Indiranagar, II Stage, Bangalore, Karnataka, India – 560038
- IndustryInformation Technology, IT Consulting & Support Services, Application Development & Software Solutions
To see the full contact details of Veritech Infosystems Private Limited, buy the company report.
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Brands
Veritech Infosystems operates one associated brand: Veritable Infotech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides professional software development services to businesses. | veritable-infotech.com |
Business activity
The main business activity of Veritech Infosystems is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Veritech Infosystems Private Limited, buy the company report.
Financials of Veritech Infosystems Private Limited
FY 2025 filings availableVeritech Infosystems Private Limited reported revenue of ₹7.45 Cr (down 67% YoY) for FY 2025.
Revenue · FY 2025
₹7.45 Cr ▼ 67%
Net loss · FY 2025
₹1.46 Cr margin -19.6%
EBITDA · FY 2025
-₹1.11 Cr margin -14.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 67%
3 years · compounded
▼ 14%
5 years · compounded
▲ 31%
EBITDA CAGR growth
1 year
▼ 181%
3 years · compounded
▼ 51%
5 years · compounded
▼ 72%
Revenue fell 67% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 31%. EBITDA fell 181% 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 | -₹1.11 Cr | ||||
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| Net Profit (PAT) | -₹1.46 Cr | ||||
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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 | -14.9% | ||||
| Net Profit Margin | -19.6% | ||||
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To see the full financial statements and ratios of Veritech Infosystems Private Limited, buy the company report.
Board of directors of Veritech Infosystems Private Limited
Veritech Infosystems has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sharda Anant Wadhokar Also directs: Winfinity Infosolutions LLP | Director | 17 Oct 2008 | 18 Years 0 Months | Current |
| Anant Bhaskarrao Wadhokar Also directs: Winfinity Infosolutions LLP | Additional Director | 02 Nov 2009 | 16 Years 11 Months | Current |
Auditor
Veritech Infosystems Private Limited is audited by VASANTH & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VASANTH & CO | FY 2023 | 008204S |
Shareholding
The shareholding of Veritech Infosystems Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Veritech Infosystems Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 May 2023 | 100724603 | Axis Bank Limited | ₹1 Cr | Open |
To see the full charge records of Veritech Infosystems Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Veritech Infosystems 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 Veritech Infosystems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Veritech Infosystems Private Limited has a workforce of 100 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
Employee count
100
Active EPFO establishments
1
Employee growth
14.94%
GST
Veritech Infosystems has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCV8482E1ZX | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Veritech Infosystems Private Limited, buy the company report.
Recent activity
Veritech Infosystems Private Limited has 4 board changes on record since 2008: 2 appointments and 2 cessations. The latest: Mahesh Vishwanath Burukule ceased to be Additional Director on 29 Mar 2012.
AGM
Veritech Infosystems Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Veritech Infosystems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Axis Bank Limited of Rs. 100.00 Lakh registered on 11 May 2023 with Charge ID 100724603 was modified on 10 Jun 2024.
Charges
A charge with Axis Bank Limited amounted to Rs. 100.00 Lakh with Charge ID 100724603 was registered on 11 May 2023.
Ceased
Mahesh Vishwanath Burukule ceased to be Additional Director.
Ceased
Veena Mahesh Burukule ceased to be Director.
Appointed
Anant Bhaskarrao Wadhokar was appointed as Additional Director.
Appointed
Sharda Anant Wadhokar was appointed as Director.
Incorporation
17 Oct 2008
Veritech Infosystems Private Limited was registered on 17 Oct 2008 with Roc Bangalore & aged 18 years 14 days as per MCA records.
Frequently asked questions
Veritech Infosystems is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 17 October 2008 (18+ years old) and is registered under CIN U72200KA2008PTC048041.
Veritech Infosystems has 2 current directors:
- Sharda Anant Wadhokar - Director
- Anant Bhaskarrao Wadhokar - Additional Director
The latest financial statements of Veritech Infosystems 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 Veritech Infosystems is 29AACCV8482E1ZX, registered in Karnataka.
The CIN (Corporate Identification Number) of Veritech Infosystems is U72200KA2008PTC048041. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Veritech Infosystems was incorporated on 17 October 2008, making it 18+ years old. It is registered with the Registrar of Companies, Bangalore.
Mahesh Vishwanath Burukule ceased to be Additional Director on 29 Mar 2012. Veena Mahesh Burukule ceased to be Director on 29 Mar 2012. Anant Bhaskarrao Wadhokar was appointed as Additional Director on 02 Nov 2009. Veritech Infosystems has 4 board changes on record in total.
Yes, Veritech Infosystems is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0236147).
Veritech Infosystems can be reached through the website veritech.co.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Veritech Infosystems is at Flat No. B – 411 4th Floor 13th Cross Admiralty Avenue Apartments Indiranagar, II Stage, Bangalore, Karnataka, India – 560038.
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