About Verito Services Private Limited
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Verito Services Private Limited is a private limited company based in Gurgaon, Haryana, India. It operates in the bop and btg services segment of the energy and power sector. It was incorporated on 20 September 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Haryana, under CIN U72900HR2013PTC050465. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Deepak Bhandari and Anil Kumar Chahar.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at House No. 20 Gali No. A – 11 Near C – 2 Gate Ashok Vihar Phase III, Gurgaon, Haryana, India – 122001.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.02 Lakh, a decline of 97% compared to the previous year. For the same year it recorded a net profit of ₹1,129 (net margin 1.1%) and EBITDA of ₹7,579 (EBITDA margin 7.4%). Revenue has declined at a compounded annual rate (CAGR) of 32% over three years and 28% 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 veritoservices.com.
Company details
Contact details
Verito Services Private Limited's registered office is in Gurgaon, Haryana. Its website is veritoservices.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressHouse No. 20 Gali No. A – 11 Near C – 2 Gate Ashok Vihar Phase III, Gurgaon, Haryana, India – 122001
- IndustryEnergy and Power, BoP & BTG Services, Power EPC
To see the full contact details of Verito Services 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 Verito Services Private Limited
FY 2023 filings availableVerito Services Private Limited reported revenue of ₹1.02 Lakh (down 97% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 28% over five years, including a 97% fall in the latest year. EBITDA rose 104% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.02 Lakh | ||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | ₹7,579 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1,129 | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.4% | ||||
| Net Profit Margin | 1.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Verito Services Private Limited, buy the company report.
Board of directors of Verito Services Private Limited
Verito Services has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepak Bhandari Also directs: Westgate Eservices Private Limited | Director | 20 Dec 2023 | 2 Years 10 Months | Current |
| Anil Kumar Chahar | Director | 01 Apr 2023 | 3 Years 6 Months | Current |
Auditor
Verito Services Private Limited is audited by P M S S & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P M S S & CO | FY 2021 | 019667N |
Shareholding
The shareholding of Verito Services Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Verito Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Verito Services 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 Verito Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Verito Services Private Limited has 1 active EPFO establishment as of Apr 08, 2024.
GST
Verito Services has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Verito Services Private Limited, buy the company report.
Recent activity
Verito Services Private Limited has 10 board changes on record since 2020: 2 appointments and 8 cessations. The latest: Deepak Bhandari was appointed as Director on 20 Dec 2023.
1 earlier event is in the company report.
Frequently asked questions
Verito Services is an active private limited company based in Gurgaon, Haryana, India. The company works in bop and btg services, within the energy and power industry. It was incorporated on 20 September 2013 (13+ years old) and is registered under CIN U72900HR2013PTC050465.
Verito Services has 2 current directors:
- Deepak Bhandari - Director
- Anil Kumar Chahar - Director
The latest financial statements of Verito Services on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
No. Verito Services has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Verito Services is U72900HR2013PTC050465. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Verito Services was incorporated on 20 September 2013, making it 13+ years old. It is registered with the Registrar of Companies, Haryana.
Deepak Bhandari was appointed as Director on 20 Dec 2023. Uma Charan ceased to be Director on 20 Dec 2023. Anil Kumar Chahar was appointed as Director on 01 Apr 2023. Verito Services has 10 board changes on record in total.
Verito Services can be reached through the website veritoservices.com. Its registered office is in Gurgaon, Haryana, India.
The registered office of Verito Services is at House No. 20 Gali No. A – 11 Near C – 2 Gate Ashok Vihar Phase III, Gurgaon, Haryana, India – 122001.
Verito Services operates in the energy and power industry, in the bop and btg services segment.