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Veritas Finance Location T. Score Charges People Network Registered Details
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VERITAS FINANCE PRIVATE LIMITED

www.veritasfin.in
Active
Updated: 20 Oct 2024

Veritas Finance Private Limited, is an unlisted private company incorporated on 30 April, 2015. It is classified as a private limited company and is located in Chennai, Tamil Nadu. It's authorized share capital is INR 202.00 cr and the total paid-up capital is INR 127.57 cr.

Veritas Finance's operating revenue range is Over INR 500 cr for the financial year ending on 31 March, 2024. It's EBITDA has increased by 57.31% over the previous year. At the same time, it's book networth has increased by 46.4%.

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Industry

Finance
Products
  • Investment and Investment advisory services, Financial
Key Metrics

** All rupee values in INR crores. Based on March 2024 numbers.

Sales
63.36%
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EBITDA
57.31%
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Net Profit
40.27%
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Networth
46.4%
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Borrowings
63.5%
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Assets
57.11%
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Gross Margin
-
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Operating Margin
-2.25
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Net Profit Margin
-3.8
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Return on Equity
-0.46
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ROCE
-35.48
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Debt to Equity
0.17
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Sales
Mar 2024
Net worth
Mar 2024

Locations

indian flag India (1)
State Type Address

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Tofler Score

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Fair
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Very Good
Excellent

Risk

Severe Risk
  • No risks identified
Moderate Risk
  • No risks identified
Low Risk
  • No risks identified
About Tofler Score
Tofler Score measures the quality of performance and integrity of a company. It is dependent on three key factors - Sustainability, Governance, and Growth.

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Financial Highlights

** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Sales GET PRO GET PRO GET PRO GET PRO GET PRO
Operating profit GET PRO GET PRO GET PRO GET PRO GET PRO
Net profit GET PRO GET PRO GET PRO GET PRO GET PRO
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Networth
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Margins

Gross margin
Operating margin
Net margin

Balance Sheet

%
** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital GET PRO GET PRO GET PRO GET PRO GET PRO
Reserves GET PRO GET PRO GET PRO GET PRO GET PRO
Borrowings + GET PRO GET PRO GET PRO GET PRO GET PRO
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Total assets

Profit & Loss

%
** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Sales + GET PRO GET PRO GET PRO GET PRO GET PRO
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Expenses + GET PRO GET PRO GET PRO GET PRO GET PRO
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Revenue from operations

Ratios

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
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Performance
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Ratios

Current ratio
Debt/equity ratio

Charges on assets

Bank wise
Charges
1

State Bank of India

No. of Loans: 8

Total Amount : 1,470.0 cr

2

HDFC Bank Limited

No. of Loans: 7

Total Amount : 610.0 cr

3

IDFC First Bank Limited

No. of Loans: 6

Total Amount : 530.0 cr

4

IndusInd Bank Limited

No. of Loans: 1

Total Amount : 425.0 cr

5

RBL Bank Limited

No. of Loans: 4

Total Amount : 290.0 cr

6

The Federal Bank Limited

No. of Loans: 4

Total Amount : 275.0 cr

7

Canara Bank

No. of Loans: 3

Total Amount : 250.0 cr

8

Yes Bank Limited

No. of Loans: 3

Total Amount : 240.0 cr

9

Axis Bank Limited

No. of Loans: 5

Total Amount : 215.0 cr

10

Catalyst Trusteeship Limited

No. of Loans: 2

Total Amount : 205.0 cr

11

Bandhan Bank Limited

No. of Loans: 1

Total Amount : 200.0 cr

12

BANDHAN BANK LIMITED

No. of Loans: 2

Total Amount : 175.0 cr

13

Axis Trustee Services Limited

No. of Loans: 2

Total Amount : 175.0 cr

14

Kotak Mahindra Bank Limited

No. of Loans: 2

Total Amount : 175.0 cr

15

Indian Bank

No. of Loans: 5

Total Amount : 175.0 cr

16

Bank of Baroda

No. of Loans: 3

Total Amount : 120.0 cr

17

Bajaj Finance Limited

No. of Loans: 2

Total Amount : 120.0 cr

18

Standard Chartered Bank

No. of Loans: 1

Total Amount : 100.0 cr

19

UJJIVAN SMALL FINANCE BANK LIMITED

No. of Loans: 2

Total Amount : 80.0 cr

20

The Hongkong and Shanghai Banking Corporation Limited

No. of Loans: 2

Total Amount : 75.0 cr

21

Tata Capital Financial Services Limited

No. of Loans: 2

Total Amount : 70.0 cr

22

AU SMALL FINANCE BANK LIMITED

No. of Loans: 2

Total Amount : 65.0 cr

23

EQUITAS SMALL FINANCE BANK LIMITED

No. of Loans: 1

Total Amount : 58.0 cr

24

Sundaram Finance Limited

No. of Loans: 1

Total Amount : 50.0 cr

25

Union Bank of India

No. of Loans: 1

Total Amount : 50.0 cr

26

Karur Vysya Bank Ltd.

No. of Loans: 1

Total Amount : 50.0 cr

27

CSB BANK LIMITED

No. of Loans: 2

Total Amount : 47.0 cr

28

NABKISAN FINANCE LIMITED

No. of Loans: 1

Total Amount : 45.0 cr

29

ICICI Bank Limited

No. of Loans: 2

Total Amount : 30.0 cr

30

Housing Development Finance Corporation Limited

No. of Loans: 1

Total Amount : 30.0 cr

31

DBS BANK INDIA LIMITED

No. of Loans: 1

Total Amount : 25.0 cr

32

UCO Bank

No. of Loans: 1

Total Amount : 25.0 cr

33

The Karnataka Bank Limited

No. of Loans: 1

Total Amount : 25.0 cr

34

IDBI Bank Limited

No. of Loans: 1

Total Amount : 25.0 cr

35

The Karur Vysya Bank Limited

No. of Loans: 1

Total Amount : 21.0 cr

36

Dhanlaxmi Bank Limited

No. of Loans: 1

Total Amount : 20.0 cr

37

The South Indian Bank Limited

No. of Loans: 1

Total Amount : 20.0 cr

38

SBM BANK (INDIA) LIMITED

No. of Loans: 1

Total Amount : 20.0 cr

39

CAPITAL SMALL FINANCE BANK LIMITED

No. of Loans: 1

Total Amount : 15.0 cr

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Charges

State Bank of India
HDFC Bank Limited
IDFC First Bank Limited
IndusInd Bank Limited
Others

People

Designation Name DIN/PAN Tenure
Managing Director Arulmany Duraisamy
Shareholder
00009981 10 years
Nominee Director Sudhir Narayanankutty Variyar 00168672 1 years
Director Mathew Joseph 01033802 1 years
Director Subramanian Suresh 02070440 1 years
Director Raj Vikash Verma 03546341 0 years
Director Sankarson Banerjee 07407346 1 years
Nominee Director Priyamvada Ramkumar 07878808 6 years
Nominee Director Parin Nalin Mehta 08528090 3 years
Director Susan Thomas 09760548 0 years
Kmp . Laxmi <HIDDEN> 0 years
CS Venkatesan Aruna <HIDDEN> 3 years

Company Network

Companies connected through Directors

Name Status Paid up Capital Common Directors Address
MULTIPLES ARC PRIVATE LIMITED
Strike Off
1.0 L 1 Maharashtra
VASTU FINSERVE INDIA PRIVATE LIMITED
Active
133.7 Cr 1 Maharashtra
MULTIPLES ASSET MANAGEMENT IFSC PRIVATE LIMITED
Converted to LLP
4.8 Cr 1 Gujarat
SANCTUM WEALTH PRIVATE LIMITED
Active
20.7 Cr 1 Maharashtra
MULTIPLES GOOD FAITH FOUNDATION
Active
10.0 L 1 Delhi
MAAM ADVISOR LLP
Active
26.6 Cr 1 Maharashtra
MAAM Advisor IV LLP
Active
45.0 Cr 1 Maharashtra
CHAITANYA MANAGEMENT & CONSULTANCY SERVICES LLP
Active
10,000.0 1 Maharashtra
MULTIPLES PRIVATE EQUITY FUND II LLP
Active
356.4 Cr 1 Delhi
MULTIPLES ASSET MANAGEMENT IFSC LLP
Active
4.8 Cr 1 ja
MAAM ADVISOR OFFSHORE LLP
Active
11.0 L 1 Gujarat
MULTIPLES ALTERNATE ASSET MANAGEMENT PRIVATE LIMITED
Active
99.0 L 1 Maharashtra
VASTU HOUSING FINANCE CORPORATION LIMITED
Active
687.5 Cr 1 Maharashtra
IIFL HOME FINANCE LIMITED
Active
26.3 Cr 1 Maharashtra
TAMILNADU URBAN INFRASTRUCTURE TRUSTEE COMPANY LIMITED
Active
10.1 L 1 Tamil Nadu
TAMILNADU URBAN INFRASTRUCTURE FINANCIAL SERVICES LIMITED
Active
1.0 Cr 1 Tamil Nadu
SAKSOFT LIMITED
Active
10.6 Cr 1 Tamil Nadu
COROMANDEL INTERNATIONAL LIMITED
Active
29.5 Cr 1 Telangana
DELPHI-TVS TECHNOLOGIES LIMITED
Active
7.9 Cr 1 Tamil Nadu
ENCORE ASSET RECONSTRUCTION COMPANY PRIVATE LIMITED
Active
241.1 Cr 1 Delhi
SEWA GRIH RIN LIMITED
Active
103.8 Cr 1 Delhi
SBI PENSION FUNDS PRIVATE LIMITED
Active
30.0 Cr 1 Maharashtra
EPIMONEY PRIVATE LIMITED
Active
257.5 Cr 1 Tamil Nadu
ZERODHA TRUSTEE PRIVATE LIMITED
Active
1.0 Cr 1 Karnataka
NUVAMA WEALTH FINANCE LIMITED
Active
11.5 Cr 1 Maharashtra
MINTIFI FINSERVE PRIVATE LIMITED
Active
9.0 Cr 1 Maharashtra
SUNDARAM FINANCE HOLDINGS LIMITED
Active
111.1 Cr 1 Tamil Nadu
MINTIFI PRIVATE LIMITED
Active
2.2 Cr 1 Maharashtra
AJAX ENGINEERING PRIVATE LIMITED
Active
11.4 Cr 1 Karnataka
GREAT SOFTWARE LABORATORY PRIVATE LIMITED
Amalgamated
30.4 L 1 Maharashtra
GAVS TECHNOLOGIES PRIVATE LIMITED
Active
5.7 Cr 1 Tamil Nadu
JOY FOAM PRIVATE LIMITED
Active
10.6 L 1 Tamil Nadu

Registered Details

CIN

U65923TN2015PTC100328

PAN

AAFCV0954Q

Incorporation

2015, 9.6 years

Company Email

corporate@veritasfin.in

Paid up Capital

₹ 127.6 Cr

Authorised Capital

₹ 202.0 Cr

AGM

31 Jun 2024

Type

Private
Non-government Company

Last Balance Sheet Date
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Mar 2024 Updated on : 20 Oct 2024
* There is the date provided by MCA, but availability for this year is not guaranteed.

FAQ - VERITAS FINANCE PRIVATE LIMITED

What is the incorporation date of VERITAS FINANCE PRIVATE LIMITED?

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The incorporation date of VERITAS FINANCE PRIVATE LIMITED is 30 April, 2015

What is the authorized share capital of VERITAS FINANCE PRIVATE LIMITED?

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The authorized share capital of VERITAS FINANCE PRIVATE LIMITED is INR ₹ 202.0 Cr.

What is the paid-up capital of VERITAS FINANCE PRIVATE LIMITED?

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The paid-up capital of VERITAS FINANCE PRIVATE LIMITED is INR ₹ 127.6 Cr.

What is the registered address of VERITAS FINANCE PRIVATE LIMITED?

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The registered address of VERITAS FINANCE PRIVATE LIMITED is SKCL Central Square 1, South and North Wing, 7th Floor, Unit # C28 - C35, CIPET Road, Thiru Vi ka In Chennai City Corporation Chennai Tamil Nadu - 600032

What is the CIN number of VERITAS FINANCE PRIVATE LIMITED?

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The CIN number of VERITAS FINANCE PRIVATE LIMITED is U65923TN2015PTC100328.

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