MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-33-0048127
Veritek Engineering Private Limited - energy and power in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹33.42 Cr
▲ 6% YoY
Net profit · FY 2024
₹4.03 Cr
Net margin 12.1%
EBITDA · FY 2024
₹6.39 Cr
EBITDA margin 19.1%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹25 Lakh
Issued & subscribed
Open charges
₹5.61 Cr
Satisfied ₹9.64 Cr
Company age
28 yrs
Est. 1998
Employees · EPFO
7
Provident fund records
About Veritek Engineering Private Limited
Data last updated:
Veritek Engineering Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 19 February 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U28920MH1998PTC113637. Its GSTIN is 27AAACV3990M1ZR (Maharashtra).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors Ganesh Kumar and Raakesh Mohanlal Verma.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹33.42 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹4.03 Cr (net margin 12.1%) and EBITDA of ₹6.39 Cr (EBITDA margin 19.1%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 10% over five years.
The company has about 7 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Veritek Engineering. As per MCA filings, the company has open charges of ₹5.61 Cr and satisfied charges of ₹9.64 Cr on record.
Veritek Engineering Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0048127). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website veritekindia.com.
Company details
CIN U28920MH1998PTC113637
Registration Number 113637
Incorporation Date 19 February 1998
ROC Mumbai
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-MH-33-0048127
Recognitions & Rankings of Veritek Engineering
Contact details
Veritek Engineering Private Limited's registered office is in Mumbai, Maharashtra. Its website is veritekindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressE 11& 12 K Building Ansa Industrial Estate Cooperative Society Ltd Saki Naka Andher, I East, Mumbai, Maharashtra, India – 400072
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Veritek Engineering Private Limited, buy the company report.
Comprehensive company report
Veritek Engineering Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Veritek Engineering operates one associated brand: Veritek Engineering. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of electrical meters, relays, transformers, and inverters in India. | veritekindia.com |
Business activity
The main business activity of Veritek Engineering is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Veritek Engineering Private Limited, buy the company report.
Financials of Veritek Engineering Private Limited
FY 2025 filings availableVeritek Engineering Private Limited reported revenue of ₹33.42 Cr (up 6% YoY) for FY 2024.
Revenue · FY 2024
₹33.42 Cr ▲ 6%
Net profit · FY 2024
₹4.03 Cr margin 12.1%
EBITDA · FY 2024
₹6.39 Cr margin 19.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 6%
3 years · compounded
▲ 11%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▲ 143%
3 years · compounded
▲ 41%
5 years · compounded
▲ 30%
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 6% growth in the latest year. EBITDA rose 143% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹6.39 Cr | ||||
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| Net Profit (PAT) | ₹4.03 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 19.1% | ||||
| Net Profit Margin | 12.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Veritek Engineering Private Limited, buy the company report.
Board of directors of Veritek Engineering Private Limited
Veritek Engineering has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ganesh Kumar | Director | 19 Feb 1998 | 28 Years 8 Months | Current |
| Raakesh Mohanlal Verma | Director | 19 Feb 1998 | 28 Years 8 Months | Current |
Peer comparison
Veritek Engineering Private Limited is compared with the 3 companies closest to it by revenue in the Information Technology industry (Electronic Equipment and Components Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Incap Limited | ₹33.77 Cr (FY 2025) | 67.0% | Andhra Pradesh, India | |||
| System Controls Technology Solutions Private Limited | ₹33.69 Cr (FY 2024) | 25.0% | Hoskote, Karnataka, India | |||
| Veritek Engineering Private Limitedthis company | ₹33.42 Cr (FY 2024) | ₹4.03 Cr | 12.1% | 6.0% | 7 | Mumbai, Maharashtra, India |
| H P Automation Private Limited | ₹32.68 Cr (FY 2025) | 27.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Veritek Engineering Private Limited, buy the company report.
Auditor
Veritek Engineering Private Limited is audited by P.N. Subramanian & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P.N. Subramanian & Co. | FY 2023 | 110475W |
Shareholding
The shareholding of Veritek Engineering 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 Veritek Engineering Private Limited, buy the company report.
Charges & borrowings
Open charges
₹5.61 Cr
Satisfied charges
₹9.64 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Feb 2022 | 100558459 | State Bank of India | ₹5.61 Cr | Open | |
| 28 Oct 2016 | 100062045 | Others | ₹1 Cr | Satisfied | |
| 30 Aug 2016 | 100051527 | Others | ₹1 Cr | Satisfied | |
| 24 Jul 2014 | 10537546 | Corporation Bank | ₹5.82 Cr | Satisfied | |
| 04 Jan 2011 | 10261207 | The Cosmos Co-Op Bank Ltd | ₹1.35 Cr | Satisfied |
To see the full charge records of Veritek Engineering Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
No court or tribunal cases involving Veritek Engineering 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 Veritek Engineering Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Veritek Engineering Private Limited has a workforce of 7 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
7
Active EPFO establishments
1
Employee growth
-12.5%
GST
Veritek Engineering has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACV3990M1ZR | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Veritek Engineering Private Limited, buy the company report.
Recent activity
Veritek Engineering Private Limited has 2 board changes on record since 1998: 2 appointments. The latest: Ganesh Kumar was appointed as Director on 19 Feb 1998.
AGM
Veritek Engineering Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Veritek Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge with State Bank Of India of Rs. 561.00 Lakh registered on 23 Feb 2022 with Charge ID 100558459 was modified on 23 Jul 2024.
Charges
A charge registered on 28 Oct 2016 via Charge ID 100062045 with Others was fully satisfied on 20 Jul 2022.
Charges
A charge registered on 30 Aug 2016 via Charge ID 100051527 with Others was fully satisfied on 20 Jul 2022.
Charges
A charge with State Bank Of India amounted to Rs. 561.00 Lakh with Charge ID 100558459 was registered on 23 Feb 2022.
Charges
A charge with Others of Rs. 100.00 Lakh registered on 28 Oct 2016 with Charge ID 100062045 was modified on 31 Jan 2022.
Charges
A charge with Others of Rs. 100.00 Lakh registered on 30 Aug 2016 with Charge ID 100051527 was modified on 31 Jan 2022.
Charges
A charge registered on 04 Jan 2011 via Charge ID 10261207 with The Cosmos Co-Op Bank Ltd was fully satisfied on 03 Aug 2018.
Charges
A charge registered on 05 Jun 2006 via Charge ID 10012862 with The Cosmos Cooperative Bank Ltd. was fully satisfied on 03 Aug 2018.
Charges
A charge with Others amounted to Rs. 100.00 Lakh with Charge ID 100062045 was registered on 28 Oct 2016.
Charges
A charge registered on 24 Jul 2014 via Charge ID 10537546 with Corporation Bank was fully satisfied on 22 Sep 2016.
8 earlier events are in the company report.
Frequently asked questions
Veritek Engineering is an active private limited company based in Mumbai, Maharashtra, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 19 February 1998 (28+ years old) and is registered under CIN U28920MH1998PTC113637.
Veritek Engineering has 2 current directors:
- Ganesh Kumar - Director
- Raakesh Mohanlal Verma - Director
The latest financial statements of Veritek Engineering 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 Veritek Engineering is 27AAACV3990M1ZR, registered in Maharashtra.
The CIN (Corporate Identification Number) of Veritek Engineering is U28920MH1998PTC113637. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Veritek Engineering was incorporated on 19 February 1998, making it 28+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Veritek Engineering by revenue are Incap Limited, System Controls Technology Solutions Private Limited, H P Automation Private Limited, all in the Information Technology industry (Electronic Equipment and Components Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Ganesh Kumar was appointed as Director on 19 Feb 1998. Raakesh Mohanlal Verma was appointed as Director on 19 Feb 1998.
Yes, Veritek Engineering is registered as a small enterprise under Udyam registration (number: UDYAM-MH-33-0048127).
Veritek Engineering can be reached through the website veritekindia.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Veritek Engineering is at E 11& 12 K Building Ansa Industrial Estate Cooperative Society Ltd Saki Naka Andher, I East, Mumbai, Maharashtra, India – 400072.