MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-TS-09-0038088
Veritis Solutions India Private Limited - information technology in Hyderabad, Telangana, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹10.7 Cr
▲ 2% YoY
Net profit · FY 2024
₹99.04 Lakh
Net margin 9.3%
EBITDA · FY 2024
₹2 Cr
EBITDA margin 18.7%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹8.24 Cr
Secured borrowings
Company age
19 yrs
Est. 2007
Employees · EPFO
66
Provident fund records
About Veritis Solutions India Private Limited
Data last updated:
Veritis Solutions India Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 17 May 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2007PTC054040. Its GSTIN is 36AACCV7284N1ZL (Telangana).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Ravi Kiran Peram and Saradadevi Peram.
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 Hyderabad, Telangana.
As per the financials filed for FY 2024, the company reported a revenue of ₹10.7 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹99.04 Lakh (net margin 9.3%) and EBITDA of ₹2 Cr (EBITDA margin 18.7%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 6% over five years.
The company has about 66 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Veritis. As per MCA filings, the company has open charges of ₹8.24 Cr on record. The company has 1 deal on record (1 secondary share transfer); the latest was in March 2015. Its 10 peer companies in the same principal business activity (other information & communication service activities) are compared by revenue, 5 larger and 5 smaller; the largest is Hipoint Connect Private Limited with revenue of ₹10.73 Cr.
Veritis Solutions India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-09-0038088). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website veritis.com.
Company details
CIN U72200TG2007PTC054040
Registration Number 054040
Incorporation Date 17 May 2007
ROC Hyderabad
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-TS-09-0038088
CIN history
Veritis Solutions India has one previous CIN (Corporate Identification Number): U72200AP2007PTC054040. The current CIN is U72200TG2007PTC054040, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200TG2007PTC054040 | Current |
| U72200AP2007PTC054040 | Previous |
Recognitions & Rankings of Veritis Solutions India
Contact details
Veritis Solutions India Private Limited's registered office is in Hyderabad, Telangana. Its website is veritis.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No. 24 Naga Towers 4th & 5th Floors Syno.66 Jublee Enclave Near Shilparamam Madha, Pur, Hyderabad, Telangana, India – 500081
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Veritis Solutions India Private Limited, buy the company report.
Comprehensive company report
Veritis Solutions India 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
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Secure checkout · GST invoice included
Brands
Veritis Solutions India operates one associated brand: Veritis. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers IT consulting, cloud services, and digital transformation expertise. | veritis.com |
Business activity
The main business activity of Veritis Solutions India is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Veritis Solutions India Private Limited, buy the company report.
Financials of Veritis Solutions India Private Limited
FY 2025 filings availableVeritis Solutions India Private Limited reported revenue of ₹10.7 Cr (up 2% YoY) for FY 2024.
Revenue · FY 2024
₹10.7 Cr ▲ 2%
Net profit · FY 2024
₹99.04 Lakh margin 9.3%
EBITDA · FY 2024
₹2 Cr margin 18.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 2%
3 years · compounded
▲ 15%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▲ 16%
3 years · compounded
▲ 14%
5 years · compounded
▲ 3%
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 2% growth in the latest year. EBITDA rose 16% 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 | ₹2 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹99.04 Lakh | ||||
| Balance Sheet | |||||
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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 | 18.7% | ||||
| Net Profit Margin | 9.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Veritis Solutions India Private Limited, buy the company report.
Board of directors of Veritis Solutions India Private Limited
Veritis Solutions India has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravi Kiran Peram | Director | 17 May 2007 | 19 Years 5 Months | Current |
| Saradadevi Peram | Director | 06 Feb 2015 | 11 Years 8 Months | Current |
Peer comparison
Veritis Solutions India Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hipoint Connect Private Limited | ₹10.73 Cr (FY 2025) | 7.0% | Navi Mumbai, Maharashtra, India | |||
| Rockline Tech Champ Ind Private Limited | ₹10.72 Cr (FY 2024) | -27.0% | Hyderabad, Telangana, India | |||
| Augnito India Private Limited | ₹10.71 Cr (FY 2024) | 375.0% | Mumbai, Maharashtra, India | |||
| Initiatefirst Information Services Private Limited | ₹10.71 Cr (FY 2025) | 6.0% | Hyderabad, Telangana, India | |||
| Xad Software Private Limited | ₹10.7 Cr (FY 2017) | 11.0% | New Delhi, Delhi, India | |||
| Veritis Solutions India Private Limitedthis company | ₹10.7 Cr (FY 2024) | ₹99.04 Lakh | 9.3% | 2.0% | 66 | Hyderabad, Telangana, India |
| Offshore IT Services Private Limited | ₹10.69 Cr (FY 2024) | 42.0% | Mohali, Punjab, India | |||
| Banfico India Private Limited | ₹10.69 Cr (FY 2024) | 27.0% | Coimbatore, Tamil Nadu, India | |||
| Lianming Technology (India) Private Limited | ₹10.68 Cr (FY 2023) | 91.0% | Bangalore, Karnataka, India | |||
| Mands Consulting Private Limited | ₹10.66 Cr (FY 2025) | 11.0% | Delhi, India | |||
| India News Communications Limited | ₹10.65 Cr (FY 2024) | -63.0% | New Delhi, Delhi, India |
To see the full peer comparison of Veritis Solutions India Private Limited, buy the company report.
Auditor
Veritis Solutions India Private Limited is audited by M VENKATA RATNAM & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M VENKATA RATNAM & ASSOCIATES | FY 2020 | 011138S |
Shareholding
The shareholding of Veritis Solutions India Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Veritis Solutions India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹8.24 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Dec 2025 | 101226286 | Others | ₹6 Cr | Open | |
| 30 Nov 2024 | 101017186 | Hdfc Bank Limited | ₹1.51 Cr | Open | |
| 05 Nov 2021 | 100507156 | Hdfc Bank Limited | ₹73.27 Lakh | Open |
Total charge records: 3 View all charges
Deals & funding
Veritis Solutions India Private Limited has 1 deal on record (1 secondary share transfer); the latest was in March 2015.
Total deals
1
Secondary share transfer
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Veritis Solutions India 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 Veritis Solutions India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Veritis Solutions India Private Limited has a workforce of 66 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
66
Active EPFO establishments
1
Employee growth
-20.48%
GST
Veritis Solutions India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AACCV7284N1ZL | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Veritis Solutions India Private Limited, buy the company report.
Recent activity
Veritis Solutions India Private Limited has 3 board changes on record since 2007: 2 appointments and 1 cessation. The latest: Peram Sudhakar ceased to be Director on 06 Feb 2015.
Charges
A charge with Others amounted to Rs. 600.00 Lakh with Charge ID 101226286 was registered on 09 Dec 2025.
AGM
Veritis Solutions India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Veritis Solutions India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Hyderabad.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 150.58 Lakh with Charge ID 101017186 was registered on 30 Nov 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 73.27 Lakh with Charge ID 100507156 was registered on 05 Nov 2021.
Ceased
Peram Sudhakar ceased to be Director.
Appointed
Saradadevi Peram was appointed as Director.
Appointed
Ravi Kiran Peram was appointed as Director.
Incorporation
17 May 2007
Veritis Solutions India Private Limited was registered on 17 May 2007 with Roc Hyderabad & aged 19 years 5 months as per MCA records.
Frequently asked questions
Veritis Solutions India is an active private limited company based in Hyderabad, Telangana, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 17 May 2007 (19+ years old) and is registered under CIN U72200TG2007PTC054040.
Veritis Solutions India has 2 current directors:
- Ravi Kiran Peram - Director
- Saradadevi Peram - Director
The latest financial statements of Veritis Solutions India 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 Veritis Solutions India is 36AACCV7284N1ZL, registered in Telangana.
The CIN (Corporate Identification Number) of Veritis Solutions India is U72200TG2007PTC054040. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Veritis Solutions India was incorporated on 17 May 2007, making it 19+ years old. It is registered with the Registrar of Companies, Hyderabad.
Veritis Solutions India has 1 deal on record (1 secondary share transfer); the latest was in March 2015.
The peers of Veritis Solutions India by revenue are Hipoint Connect Private Limited, Rockline Tech Champ Ind Private Limited, Augnito India Private Limited, Initiatefirst Information Services Private Limited, Xad Software Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Peram Sudhakar ceased to be Director on 06 Feb 2015. Saradadevi Peram was appointed as Director on 06 Feb 2015. Ravi Kiran Peram was appointed as Director on 17 May 2007.
Yes, Veritis Solutions India is registered as a small enterprise under Udyam registration (number: UDYAM-TS-09-0038088).
Veritis Solutions India can be reached through the website veritis.com. Its registered office is in Hyderabad, Telangana, India.