Veritas Finance Limited Unlisted Shares - Company Overview

Veritas Finance Limited (Veritas) is focused on meeting the financial needs of the micro, small and medium enterprises (MSME) in India, which has remained largely underserved despite several initiatives. A company runs by professionals with rich experience in financial services industry, aims to make availing credit easy to this segment and make a positive impact on the lives of millions of Indians engaged in informal activities who actually build the nation.

Veritas Finance Limited is a Private incorporated on 30 April 2015. It is classified as Non-government Company and is registered at Registrar of Companies, ROC Chennai. Its authorized share capital is Rs. 2,020,000,000 and its paid up capital is Rs. 1,275,342,732. It is involved in other financial intermediation.

Veritas FinanceLimited's Annual General Meeting (AGM) was last held on N/A and as per records from Ministry of Corporate Affairs (MCA), its balance sheet was last filed on 31 March 2024.

Directors of Veritas Finance Limited are Venkatesan Aruna, Venbakkam Gokulachandran Suchindran, Arulmany Duraisamy, Sudhir Narayanankutty Variyar, Mathew Joseph, Subramanian Suresh, Sankarson Banerjee, Priyamvada Ramkumar and Parin Nalin Mehta.

Veritas Finance Limited Share Price, Share Details as of March 31, 2025

Veritas Finance Private Limited Incorporation Details 

Veritas Finance Private Limited Board of Directors

 Veritas Finance Ltd Principal Business Activities

  Veritas Finance Private Limited Shareholding Pattern (as on 31-03-2025)

Category	No. of Shares	% of Shares held
Founder & Relatives	1,29,49,491	9.86%
Resident Individual Investors	4,95,594	0.37%
Non-residential individual investors holding Share on non-repatriation basis	82,92,367	6.32%
Employee & their relatives	30,16,125	2.30%
Institutional investors and their affiliates	10,65,30,632	81.15%
Total	13,12,84,209	100.00%

Q. What is the face value of Veritas Finance Ltd shares?
Answer: The face value of Veritas Finance Ltd shares is ₹10 per equity share.

Q. What is the ISIN of Veritas Finance Ltd shares?
Answer: The ISIN of Veritas Finance Ltd is INE448U01011.

Q. What is the minimum lot size for buying Veritas Finance shares through WWIPL?
Answer: The minimum lot size is generally 1,000 shares, subject to market availability.

Q. How can I buy Veritas Finance shares through WWIPL?
Answer: Investors can place an order through WWIPL and receive shares directly in their Demat account after completing the transaction process.

Q. Why should I buy Veritas Finance shares through WWIPL?
Answer: WWIPL offers transparent pricing, verified transfers, secure transactions, and dedicated support throughout the investment journey.

Q. Is investing in Veritas Finance a good idea?
Answer: Investors often evaluate Veritas Finance based on its strong MSME lending franchise, deep presence in underserved markets, and long-term growth potential.

Q. What does Veritas Finance Ltd do?
Answer: Veritas Finance is an NBFC focused on providing secured business loans to micro, small, and medium enterprises (MSMEs), especially in semi-urban and rural India.

Q. What makes Veritas Finance different from other NBFCs?
Answer: Veritas specializes in serving underserved entrepreneurs and self-employed customers who often have limited access to formal banking channels.

Q. Which customer segments does Veritas Finance primarily serve?
Answer: The company primarily serves small business owners, traders, manufacturers, transport operators, and self-employed individuals.

Q. What are the key growth drivers for Veritas Finance?
Answer: Increasing MSME credit demand, financial inclusion, branch expansion, digitization, and rising formalization of the Indian economy can support future growth.

Q. What factors influence the valuation of Veritas Finance shares?
Answer: AUM growth, asset quality, net interest margins, profitability, return ratios, branch expansion, and credit costs are key valuation drivers.

Q. Does Veritas Finance have a secured lending model?
Answer: Yes. The company primarily focuses on secured lending backed by collateral, helping manage credit risk.

Q. Has Veritas Finance filed for an IPO?
Answer: No. As of now, Veritas Finance has not filed a DRHP for an IPO.

Q. Does Veritas Finance require ROFR approval for share transfers?
Answer: No. ROFR approval is not required, as per WWIPL records.

Q. What are the risks of investing in Veritas Finance shares?
Answer: Investors should consider credit risk, economic slowdowns, asset quality deterioration, regulatory changes, valuation risks, and liquidity constraints associated with unlisted shares.

Q. What should investors evaluate before investing in Veritas Finance Ltd?
Answer: Investors should assess AUM growth, asset quality, profitability, return ratios, capital adequacy, and long-term MSME lending prospects.

Q. How does WWIPL help investors track Veritas Finance investments?
Answer: WWIPL provides pricing updates, company information, transaction assistance, and market insights related to Veritas Finance Ltd unlisted shares.