MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MP-17-0006172
Verity Biotech Private Limited
Verity Biotech Private Limited - agriculture in Indore, Madhya Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹6.56 Cr
▼ 17% YoY
Net profit · FY 2024
₹15.28 Lakh
Net margin 2.3%
EBITDA · FY 2024
₹25.1 Lakh
EBITDA margin 3.8%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹30 Lakh
Secured borrowings
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings
About Verity Biotech Private Limited
Data last updated:
Verity Biotech Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the animal feeds segment of the agriculture sector. It was incorporated on 13 January 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U24299MP2021PTC054496. Its GSTIN is 23AAHCV8335P1ZP (Madhya Pradesh).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Manav Navlani and Anshul Navlani.
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 Office No 203 Satguru Elite 567 1 Mg Road, Indore, Madhya Pradesh, India – 452001.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.56 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net profit of ₹15.28 Lakh (net margin 2.3%) and EBITDA of ₹25.1 Lakh (EBITDA margin 3.8%).
As per MCA filings, the company has open charges of ₹30 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
Verity Biotech Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-17-0006172).
Company details
CIN U24299MP2021PTC054496
Registration Number 054496
Incorporation Date 13 January 2021
ROC Gwalior
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Small
Udyam Registration UDYAM-MP-17-0006172
Key People
Manav Navlani Director Anshul Navlani Director Recognitions & Rankings of Verity Biotech
Contact details
Verity Biotech Private Limited's registered office is in Indore, Madhya Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOffice No 203 Satguru Elite 567 1 Mg Road, Indore, Madhya Pradesh, India – 452001
- IndustryAgriculture, Animal Feeds
To see the full contact details of Verity Biotech Private Limited, buy the company report.
Comprehensive company report
Verity Biotech 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
Business activity
The main business activity of Verity Biotech is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Verity Biotech Private Limited, buy the company report.
Financials of Verity Biotech Private Limited
FY 2025 filings availableVerity Biotech Private Limited reported revenue of ₹6.56 Cr (down 17% YoY) for FY 2024.
Revenue · FY 2024
₹6.56 Cr ▼ 17%
Net profit · FY 2024
₹15.28 Lakh margin 2.3%
EBITDA · FY 2024
₹25.1 Lakh margin 3.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 17%
EBITDA CAGR growth
1 year
▼ 45%
3 years · compounded
▲ 353%
Revenue fell 17% in the latest year. EBITDA fell 45% 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 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
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| Total Expenses | ||||
| EBITDA | ₹25.1 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹15.28 Lakh | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 3.8% | |||
| Net Profit Margin | 2.3% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
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| Asset Turnover | ||||
| Receivable Days | ||||
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| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Verity Biotech Private Limited, buy the company report.
Board of directors of Verity Biotech Private Limited
Verity Biotech has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manav Navlani | Director | 13 Jan 2021 | 5 Years 9 Months | Current |
| Anshul Navlani | Director | 13 Jan 2021 | 5 Years 9 Months | Current |
Auditor
Verity Biotech Private Limited is audited by M. Khandelwal & Company for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M. Khandelwal & Company | FY 2023 | 000333C |
Shareholding
The shareholding of Verity Biotech Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Verity Biotech Private Limited, buy the company report.
Charges & borrowings
Open charges
₹30 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Jun 2025 | 101124126 | Others | ₹30 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Verity Biotech Private Limited has 1 court case on record: 1 filed by Verity Biotech. All case is pending.
Total cases
1
Filed by the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Indore, Madhya Pradesh | Court case (RCS B) | Filed by the company against M/S. Umar Poltry Farm Through Umar Khan | Pending |
To see the full case history of Verity Biotech Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Verity Biotech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Verity Biotech Private Limited has 1 active EPFO establishment as of Apr 05, 2024.
Active EPFO establishments
1
GST
Verity Biotech has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAHCV8335P1ZP | Madhya Pradesh | Active | 10 Feb 2021 |
To see the full GST registrations and return filing status of Verity Biotech Private Limited, buy the company report.
Recent activity
Verity Biotech Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Anshul Navlani was appointed as Director on 13 Jan 2021.
AGM
Verity Biotech Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 30.00 Lakh with Charge ID 101124126 was registered on 04 Jun 2025.
Filing
Verity Biotech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Gwalior.
Appointed
Anshul Navlani was appointed as Director.
Appointed
Manav Navlani was appointed as Director.
Incorporation
13 Jan 2021
Verity Biotech Private Limited was registered on 13 Jan 2021 with Roc Gwalior & aged 5 years 9 months as per MCA records.
Frequently asked questions
Verity Biotech is an active private limited company based in Indore, Madhya Pradesh, India. The company works in animal feeds, within the agriculture industry. It was incorporated on 13 January 2021 (5+ years old) and is registered under CIN U24299MP2021PTC054496.
Verity Biotech has 2 current directors:
- Manav Navlani - Director
- Anshul Navlani - Director
The latest financial statements of Verity Biotech 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 FY 2021 are in the company report.
The GSTIN of Verity Biotech is 23AAHCV8335P1ZP, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Verity Biotech is U24299MP2021PTC054496. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Verity Biotech has 1 court case on record: 1 filed by the company. 1 is pending.
Verity Biotech was incorporated on 13 January 2021, making it 5+ years old. It is registered with the Registrar of Companies, Gwalior.
Anshul Navlani was appointed as Director on 13 Jan 2021. Manav Navlani was appointed as Director on 13 Jan 2021.
Yes, Verity Biotech is registered as a small enterprise under Udyam registration (number: UDYAM-MP-17-0006172).
The registered office of Verity Biotech is at Office No 203 Satguru Elite 567 1 Mg Road, Indore, Madhya Pradesh, India – 452001.