About Veritos Infosolutions Private Limited
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Veritos Infosolutions Private Limited is a private limited company based in Mohali, Punjab, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 18 October 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U72500PB2019PTC050121. Its GSTIN is 03AAHCV1383P1ZX (Punjab).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Gourav Mahipal and Usha Devi Mahipal.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at D 190 Phase 8B Sas Nagar Mohali, Punjab, India – 160062.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.9 Cr, a growth of 121% compared to the previous year. For the same year it recorded a net profit of ₹31.15 Lakh (net margin 3.5%) and EBITDA of ₹60.36 Lakh (EBITDA margin 6.8%). Revenue has grown at a compounded annual rate (CAGR) of 86% over three years.
The company has about 17 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Veritos. As per MCA filings, the company has open charges of ₹92 Lakh on record.
For more details, the company can be reached via its website veritos.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressD 190 Phase 8B Sas Nagar Mohali, Punjab, India – 160062
- IndustryInformation Technology, IT Consulting & Support Services
- 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
- One PDF report, delivered after checkout
Business Activity of Veritos Infosolutions Private Limited
The main business activity of Veritos Infosolutions is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Veritos Infosolutions Private Limited FY 2024 filings available
Veritos Infosolutions Private Limited reported revenue of ₹8.9 Cr (up 121% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Veritos Infosolutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 86% over three years, including 121% growth in the latest year. EBITDA rose 89% 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 of Veritos Infosolutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹60.36 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹31.15 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Veritos Infosolutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.5% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Veritos Infosolutions are in the company report.
Financial statements from FY 2020
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Veritos Infosolutions Private Limited
Veritos Infosolutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other information & communication service activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Genesis Global India Operations Private Limited | ₹8.92 Cr (FY 2024) | •••• | •••• | 246.0% | •••• | Bengaluru, Karnataka, India |
| Skillfloor Solutions Private Limited | ₹8.91 Cr (FY 2024) | •••• | •••• | 229.0% | •••• | Bangalore, Karnataka, India |
| Qosteq IT Private Limited | ₹8.91 Cr (FY 2024) | •••• | •••• | 160.0% | •••• | Thoothukudi, Tamil Nadu, India |
| Dgas Skyworld SMS Technology Private Limited | ₹8.91 Cr (FY 2024) | •••• | •••• | -42.0% | •••• | New Delhi, Delhi, India |
| Steerlean Consultancy Services Private Limited | ₹8.91 Cr (FY 2025) | •••• | •••• | 62.0% | •••• | Pune, Maharashtra, India |
| Veritos Infosolutions Private Limited this company | ₹8.9 Cr (FY 2025) | •••• | •••• | 121.0% | •••• | Mohali, Punjab, India |
| Drop Host Infotech Private Limited | ₹8.9 Cr (FY 2024) | •••• | •••• | 9.0% | •••• | Jaipur, Rajasthan, India |
| DH Technology Private Limited | ₹8.89 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | New Delhi, Delhi, India |
| FBBK Infotech Private Limited | ₹8.88 Cr (FY 2024) | •••• | •••• | 18.0% | •••• | Haryana, India |
| Nextgrowth Labs Private Limited | ₹8.88 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Bangalore, Karnataka, India |
| Archetype Solutions Software Private Limited | ₹8.87 Cr (FY 2024) | •••• | •••• | 259.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Veritos Infosolutions by revenue in the same principal business activity (Other information & communication service activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Veritos Infosolutions Private Limited
Veritos Infosolutions Private Limited is audited by Deepak K Garg & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Deepak K Garg & Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Veritos Infosolutions Private Limited
Veritos Infosolutions has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gourav Mahipal | Director | 18 Oct 2019 | 6 Years 11 Months | Current |
| Usha Devi Mahipal | Director | 18 Oct 2019 | 6 Years 11 Months | Current |
| Rupam Mahipal | Director | 11 Oct 2023 | 2 Years 11 Months | Current |
Ownership and Shareholding of Veritos Infosolutions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Veritos Infosolutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Dec 2024 | Axis Bank Limited | ₹60 Lakh | Open |
| 29 Feb 2024 | Others | ₹32 Lakh | Open |
Total charge records: 2 View all charges
Associated Brands with Veritos Infosolutions Private Limited
Veritos Infosolutions operates one associated brand: Veritos. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers IT consultancy, software development, e-governance, and mobile applications services. | veritos.in |
Employees and EPFO Compliance at Veritos Infosolutions Private Limited
Veritos Infosolutions Private Limited has a workforce of 17 employees as of Apr 09, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Veritos Infosolutions Private Limited
Veritos Infosolutions Private Limited has 3 board changes on record since 2019: 3 appointments. The latest: Rupam Mahipal was appointed as Director on 11 Oct 2023.
Credit Ratings, Litigation & Regulatory Alerts for Veritos Infosolutions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Veritos Infosolutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Veritos Infosolutions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Veritos Infosolutions Private Limited
Veritos Infosolutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAHCV1383P1ZX | Punjab | Active | 29 Nov 2019 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Veritos Infosolutions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Veritos Infosolutions Private Limited
Veritos Infosolutions is an active private limited company based in Mohali, Punjab, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 18 October 2019 (7+ years old) and is registered under CIN U72500PB2019PTC050121.
Veritos Infosolutions reported revenue of ₹8.9 Cr for FY 2025 (up 121% YoY).
Veritos Infosolutions has 3 current directors:
- Gourav Mahipal - Director
- Usha Devi Mahipal - Director
- Rupam Mahipal - Director
Veritos Infosolutions reported a net profit of ₹31.15 Lakh (net margin 3.5%) and EBITDA of ₹60.36 Lakh (EBITDA margin 6.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Veritos Infosolutions is 86% over three years. In the latest year (FY 2025) revenue rose 121%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Veritos Infosolutions is 03AAHCV1383P1ZX, registered in Punjab.
The CIN (Corporate Identification Number) of Veritos Infosolutions is U72500PB2019PTC050121. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Veritos Infosolutions was incorporated on 18 October 2019, making it 7+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Veritos Infosolutions by revenue are Genesis Global India Operations Private Limited, Skillfloor Solutions Private Limited, Qosteq IT Private Limited, Dgas Skyworld SMS Technology Private Limited, Steerlean Consultancy Services Private Limited and 5 more, all in the same principal business activity (Other information & communication service activities).
Rupam Mahipal was appointed as Director on 11 Oct 2023. Gourav Mahipal was appointed as Director on 18 Oct 2019. Usha Devi Mahipal was appointed as Director on 18 Oct 2019.
Yes, Veritos Infosolutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).