About Verudix Solutions Private Limited
Data last updated:
Verudix Solutions Private Limited was a private limited company based in Hyderabad, Telangana, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 30 May 2012.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2012PTC081194. Its GSTIN is 36AAECT2593G1Z6 (Telangana).
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Taxila Training Private Limited. It was led by directors including Rajinikar Reddy Panyala (Managing Director) and Nirmala Devi Nidamarthi.
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 was at Hyderabad, Telangana.
As per the financials filed for FY 2023, the company reported a revenue of ₹35.01 Lakh, a decline of 74.43% compared to the previous year.
The company was associated with 1 brand: Verudix.
The last known website on record is verudix.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressDoor No 2 – 2 – 18 – 5/6 L – 10 D Colony Durgabai Deshmukh Colony Ward No 2 Cir, Cle VI, Hyderabad, Telangana, India – 500013
- IndustryInformation Technology, Application Development & Software Solutions
- 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
CIN History of Verudix Solutions Private Limited
Verudix Solutions has one previous CIN (Corporate Identification Number): U72200AP2012PTC081194. The current CIN is U72200TG2012PTC081194, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200TG2012PTC081194 | Current |
| U72200AP2012PTC081194 | Previous |
Associated Brands with Verudix Solutions Private Limited
Verudix Solutions operates one associated brand: Verudix. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers comprehensive software, website, mobile application development, and data analytics services. | verudix.com |
Competitors & Alternatives of Verudix Solutions Private Limited
Brands and companies operating in the same space as Verudix Solutions Private Limited include Happiest Minds, 1&1 IONOS, Genpact and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Happiest Minds | IT outsourcing services are delivered across multiple business lines. | Bengaluru, India | 2011 |
 1&1 IONOS | Cloud infrastructure and hosting services are provided by 1&1 IONOS. | Chesterbrook, United States | 1988 |
 Genpact | Provider of end-to-end business process outsourcing services | New York, United States | 1997 |
 Persistent | IT consulting, data analytics, and digital transformation services are provided. | Pune, India | 1990 |
 Epam | Provider of software development, data analytics, and other IT suite services | Newtown Square, United States | 1993 |
 NTT DATA | Application development, cloud, cybersecurity, and business intelligence services are provided. | Koto City, Japan | 1967 |
 Accenture | IT and management consultancy services are provided globally. | Dublin, Ireland | 1989 |
 Breed Reply | AI, cloud, and blockchain services are provided globally. | Turin, Italy | 1996 |
 Globant | IT and digital transformation services are delivered to various industries. | Buenos Aires, Argentina | 2003 |
 UST | High-quality office furniture is provided by UST for various needs. | Taiwan | 1998 |
Business Activity of Verudix Solutions Private Limited
Verudix Solutions operates primarily in the information and communication sector. One business activity is registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Locked | Information and communication | Locked | Publishing of computer operating systems, system software, application software, games, etc. | Locked |
Detailed business activity records
Activity codes and each activity's share of turnover are in the company report.
- Activity group codes
- Detailed activity codes
- Turnover contribution
Verified entity values are shown only after access is granted.
Auditor Details of Verudix Solutions Private Limited
Verudix Solutions Private Limited is audited by NNV AND ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| NNV AND 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 Verudix Solutions Private Limited
Verudix Solutions has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajinikar Reddy Panyala | Managing Director | 30 May 2012 | 14 Years 4 Months | As last reported |
| Nirmala Devi Nidamarthi | Director | 30 May 2012 | 14 Years 4 Months | As last reported |
| Sreedhar Dutt Palepu | Director | 16 Sep 2014 | 12 Years 0 Months | As last reported |
Financials of Verudix Solutions Private Limited FY 2024 filings available
Verudix Solutions Private Limited reported revenue of ₹35.01 Lakh (down 74.43% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Verudix Solutions Private Limited
Revenue fell 74.43% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Verudix Solutions Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹35.01 Lakh | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | •••• | •••• | •••• | •••• | •••• |
| 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 Verudix Solutions Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 Verudix Solutions are in the company report.
Financial statements from 2015
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.
Ownership and Shareholding of Verudix Solutions 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 Verudix Solutions Private Limited
Verudix Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Verudix Solutions Private Limited
Employment history and EPFO contributions of people linked to Verudix Solutions.
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.
GST Compliance of Verudix Solutions Private Limited
Verudix Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAECT2593G1Z6 | Telangana | Active | 10 Jun 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.
Credit Ratings, Litigation & Regulatory Alerts for Verudix Solutions 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 Verudix Solutions 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 Verudix Solutions 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.
MCA Filings & Documents of Verudix Solutions 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.
Recent Activity on Verudix Solutions Private Limited
Frequently Asked Questions about Verudix Solutions Private Limited
Verudix Solutions has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Verudix Solutions was a private limited company based in Hyderabad, Telangana, India. The company worked in application development and software solutions, within the information technology industry. It was incorporated on 30 May 2012 and is registered under CIN U72200TG2012PTC081194. The company has been struck off by the Registrar of Companies and is no longer operational.
Verudix Solutions had 3 directors:
- Rajinikar Reddy Panyala - Managing Director
- Nirmala Devi Nidamarthi - Director
- Sreedhar Dutt Palepu - Director
The CIN (Corporate Identification Number) of Verudix Solutions is U72200TG2012PTC081194. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Verudix Solutions is at Door No 2 – 2 – 18 – 56 L – 10 D Colony Durgabai Deshmukh Colony Ward No 2 Cir, Cle VI, Hyderabad, Telangana, India – 500013.
Verudix Solutions was incorporated on 30 May 2012. It is registered with the Registrar of Companies, Hyderabad.
Verudix Solutions can be reached through the website verudix.com. Its registered office is in Hyderabad, Telangana, India.
Verudix Solutions reported revenue of ₹35.01 Lakh for FY 2023 (down 74.43% YoY).
Verudix Solutions has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.