MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-TS-02-0058804
Veritra IT Solutions Private Limited - information technology in Hyderabad, Telangana, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹9.16 Cr
▲ 50% YoY
Net profit · FY 2025
₹36.94 Lakh
Net margin 4%
EBITDA · FY 2025
₹1.46 Cr
EBITDA margin 15.9%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹32.59 Lakh
Issued & subscribed
Open charges
₹3.74 Cr
Secured borrowings
Company age
15 yrs
Est. 2011
Employees · EPFO
21
Provident fund records
About Veritra IT Solutions Private Limited
Data last updated:
Veritra IT Solutions 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 09 June 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U62013TG2011PTC074912. Its GSTIN is 36AADCV7123R1ZQ (Telangana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹32.59 Lakh. It is led by directors including Radha Krishna Veni Achanta and Gopinath Achanta.
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 Hyderabad, Telangana.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.16 Cr, a growth of 50% compared to the previous year. For the same year it recorded a net profit of ₹36.94 Lakh (net margin 4%) and EBITDA of ₹1.46 Cr (EBITDA margin 15.9%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 32% over five years.
The company has about 21 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Veritra. As per MCA filings, the company has open charges of ₹3.74 Cr on record.
Veritra IT Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-02-0058804). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website veritra.com.
Company details
CIN U62013TG2011PTC074912
Registration Number 074912
Incorporation Date 09 June 2011
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-TS-02-0058804
CIN history
Veritra IT Solutions has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U62013TG2011PTC074912, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U62013TG2011PTC074912 | Current |
| U72300AP2011PTC074912 | Previous |
| U72300TG2011PTC074912 | Previous |
Recognitions & Rankings of Veritra IT Solutions
Contact details
Veritra IT Solutions Private Limited's registered office is in Hyderabad, Telangana.
- Registered AddressPlot No. 1 2 & 3 Flat No. 302 Bharath Arcade Laxmi Nagar Colony Mani, Konda, Hyderabad, Telangana, India – 500089
- IndustryInformation Technology, IT Consulting & Support Services
Comprehensive company report
Veritra IT Solutions 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
Veritra IT Solutions operates one associated brand: Veritra. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Assists entrepreneurs in prototyping, funding, and scaling tech startups. | veritra.com |
Business activity
The main business activity of Veritra IT Solutions 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 Veritra IT Solutions Private Limited, buy the company report.
Financials of Veritra IT Solutions Private Limited
FY 2024 filings availableVeritra IT Solutions Private Limited reported revenue of ₹9.16 Cr (up 50% YoY) for FY 2025.
Revenue · FY 2025
₹9.16 Cr ▲ 50%
Net profit · FY 2025
₹36.94 Lakh margin 4%
EBITDA · FY 2025
₹1.46 Cr margin 15.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 50%
3 years · compounded
▲ 2%
5 years · compounded
▲ 32%
EBITDA CAGR growth
1 year
▲ 26%
3 years · compounded
▲ 12%
5 years · compounded
▲ 41%
Revenue has grown at a compounded annual rate (CAGR) of 32% over five years, including 50% growth in the latest year. EBITDA rose 26% 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 | ₹1.46 Cr | ||||
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| Net Profit (PAT) | ₹36.94 Lakh | ||||
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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 | 15.9% | ||||
| Net Profit Margin | 4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Veritra IT Solutions Private Limited, buy the company report.
Board of directors of Veritra IT Solutions Private Limited
Veritra IT Solutions has 3 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 |
|---|---|---|---|---|
| Radha Krishna Veni Achanta | Director | 09 Jun 2011 | 15 Years 5 Months | Current |
| Gopinath Achanta Also directs: Lynq LLP, RGP Properties Private Limited, RGP Cloud & Media Tech Private Limited and 4 more | Director | 09 Jun 2011 | 15 Years 5 Months | Current |
| Balaji Reddymasu | Director | 20 Dec 2017 | 8 Years 10 Months | Current |
Peer comparison
Veritra IT Solutions Private Limited is compared with the 7 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Actiknow Consulting Private Limited | ₹9.17 Cr (FY 2025) | 1.0% | New Delhi, Delhi, India | |||
| Duncan and Ross Technology Engineering India Private Limited | ₹9.17 Cr (FY 2025) | 9.0% | Pune, Maharashtra, India | |||
| Coral Innovations Private Limited | ₹9.17 Cr (FY 2024) | 182.0% | Hyderabad, Telangana, India | |||
| Innoventes Technologies India Private Limited | ₹9.17 Cr (FY 2025) | -11.0% | Bangalore, Karnataka, India | |||
| Veritra IT Solutions Private Limitedthis company | ₹9.16 Cr (FY 2025) | ₹36.94 Lakh | 4% | 50.0% | Hyderabad, Telangana, India | |
| Aara Tech Private Limited | ₹9.16 Cr (FY 2024) | 25.0% | Chennai, Tamil Nadu, India | |||
| Whiteline Technologies Private Limited | ₹9.16 Cr (FY 2025) | 3.0% | Delhi, India | |||
| Think Data Technology Private Limited | ₹9.15 Cr (FY 2024) | -18.0% | Bhopal, Madhya Pradesh, India |
To see the full peer comparison of Veritra IT Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹3.74 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Mar 2025 | 101086055 | Hdfc Bank Limited | ₹1.99 Cr | Open | |
| 13 Sep 2024 | 101015044 | Hdfc Bank Limited | ₹55.08 Lakh | Open | |
| 22 Feb 2024 | 100880820 | Axis Bank Limited | ₹85 Lakh | Open | |
| 23 Dec 2022 | 100696114 | Hdfc Bank Limited | ₹34.72 Lakh | Open |
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Veritra IT Solutions 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 Veritra IT Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Veritra IT Solutions has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AADCV7123R1ZQ | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Veritra IT Solutions Private Limited, buy the company report.
Recent activity
Veritra IT Solutions Private Limited has 4 board changes on record since 2011: 3 appointments and 1 cessation. The latest: Balaji Reddymasu ceased to be Additional Director on 24 Sep 2018.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 198.80 Lakh with Charge ID 101086055 was registered on 18 Mar 2025.
AGM
Veritra It Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 55.08 Lakh with Charge ID 101015044 was registered on 13 Sep 2024.
Filing
Veritra It Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
Charges
A charge with Axis Bank Limited amounted to Rs. 85.00 Lakh with Charge ID 100880820 was registered on 22 Feb 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 34.72 Lakh with Charge ID 100696114 was registered on 23 Dec 2022.
Ceased
Balaji Reddymasu ceased to be Additional Director.
Appointed
Balaji Reddymasu was appointed as Director.
Appointed
Gopinath Achanta was appointed as Director.
Appointed
Radha Krishna Veni Achanta was appointed as Director.
Incorporation
09 Jun 2011
Veritra It Solutions Private Limited was registered on 09 Jun 2011 with Roc Hyderabad & aged 15 years 5 months as per MCA records.
Frequently asked questions
Veritra IT Solutions 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 09 June 2011 (15+ years old) and is registered under CIN U62013TG2011PTC074912.
Veritra IT Solutions has 3 current directors:
- Radha Krishna Veni Achanta - Director
- Gopinath Achanta - Director
- Balaji Reddymasu - Director
The latest financial statements of Veritra IT Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Veritra IT Solutions is 36AADCV7123R1ZQ, registered in Telangana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Veritra IT Solutions is U62013TG2011PTC074912. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Veritra IT Solutions was incorporated on 09 June 2011, making it 15+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Veritra IT Solutions by revenue are Actiknow Consulting Private Limited, Duncan and Ross Technology Engineering India Private Limited, Coral Innovations Private Limited, Innoventes Technologies India Private Limited, Aara Tech Private Limited and 2 more, all in the same principal business activity (computer programming, consultancy and related activities).
Balaji Reddymasu ceased to be Additional Director on 24 Sep 2018. Balaji Reddymasu was appointed as Director on 20 Dec 2017. Gopinath Achanta was appointed as Director on 09 Jun 2011. Veritra IT Solutions has 4 board changes on record in total.
Yes, Veritra IT Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-TS-02-0058804).
Veritra IT Solutions can be reached through the website veritra.com. Its registered office is in Hyderabad, Telangana, India.
The registered office of Veritra IT Solutions is at Plot No. 1 2 & 3 Flat No. 302 Bharath Arcade Laxmi Nagar Colony Mani, Konda, Hyderabad, Telangana, India – 500089.
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