What does Veremax Technologie Services do?

Veremax Technologie Services Limited is a Chennai-based IT and telecom infrastructure services company incorporated in 2013. The company operates in the telecom and IT infrastructure services space, likely providing services such as network management, telecom infrastructure support, IT managed services, and related technology solutions to enterprise and telecom clients.

When was Veremax incorporated?

Veremax Technologie Services Limited was incorporated in 2013 and is registered with the Registrar of Companies, Chennai, Tamil Nadu.

Is Veremax Technologie Services listed on any stock exchange?

No, Veremax Technologie Services Limited is an unlisted company. Its shares are available only in the unlisted market at an indicative price of approximately ₹375 per share.

How do I buy Veremax Technologie Services unlisted shares here?

Raise an enquiry on any company with the quantity you want. Our desk sources the shares and comes back with a firm price and allocation. You accept the allocation, transfer the funds to the desk's published bank account, and once we verify payment the shares are transferred into your demat.

Who am I actually transacting with?

You transact with the desk, not with an anonymous counterparty. When you buy, you buy from the desk; when you sell, you sell to the desk. Shares always route through the desk's own demat account, so there's one accountable party for the whole trade.

How do I pay, and is there a payment gateway?

Payment is by direct bank transfer to Prospire Network Private Limited's published account (CIN U82300UP2025PTC233622), shown to you in-app at the payment step. There is no card gateway and no escrow. Never pay to a personal account or to any account shared over phone, WhatsApp or email — even if the person claims to be from our team.

How long does settlement take?

After you accept an allocation, you have a short window to pay (typically 2 days). Once payment is verified, shares are usually credited to your demat within 2–3 business days, subject to depository timelines and any company-level restrictions. Timeframes are typical, not guaranteed.

There are no separate platform fee lines and no GST on the transfer — the desk's margin is built into the buy/sell price you're quoted. The only statutory add-on on a purchase is stamp duty on the consideration, shown transparently in your cost breakdown.

Is there a minimum ticket size for Veremax Technologie Services?

Minimums vary by company and depend on the lot the desk can source. Raise an enquiry and the desk will confirm the available quantity and the minimum for that name.

What KYC do I need, and do I need a demat account?

You'll share your demat details when you enquire so we can settle directly. Full KYC — PAN and a client-master / demat statement — is required before the transfer step, when shares actually change hands. Yes, you need an active demat account to hold unlisted shares.

Are there lock-ins on unlisted or pre-IPO shares?

Some shares carry statutory or company-imposed lock-ins — for example, a post-listing lock-in on pre-IPO stock — and transfers can be subject to the company's articles or approvals. Where a lock-in applies, we'll flag it before you commit.

How do I sell Veremax Technologie Services shares I already hold?

Raise a sell enquiry with the company, quantity and your target price. The desk confirms a buying price, you transfer your shares into the desk's demat, and once the credit is verified we pay you out by bank transfer to your registered account. The desk never pays out before your shares are received.

Unlisted shares are illiquid, may be hard or impossible to sell, and are not covered by exchange settlement guarantees or investor-protection funds. Pricing is indicative, not live. Read the full Risk Disclosure before you enquire, and invest only what you can afford to lock away.

Veremax Technologie Services Unlisted Share Price | Buy Veremax Technologie Services Pre-IPO Shares — wisefolio

Unlisted shares are illiquid and carry higher risk than listed securities. Prices are indicative, not live. Read the risk disclosure.

Talk to us

Veremax Technologie Services Unlisted Share Price | Buy Veremax Technologie Services Pre-IPO Shares — wisefolio | wisefolio

Investment Thesis

Chennai-based telecom and IT infrastructure company (est. 2013) providing 4G/5G tower installation, solar power systems, IoT/smart infrastructure and IT services. Revenue ₹436 Cr FY2023 (+33.72% YoY) with PAT surging +117.47%. CRISIL BB+/Stable (Jan 2024) — solid credit profile for an unlisted company of this scale. Benefits from 5G rollout, renewable energy and smart city tailwinds. Significant debt (₹276.96 Cr open charges) but strong revenue scale. Unlisted. Impressive growth trajectory in government and telecom infrastructure.

Pros

Revenue ₹436 Cr FY2023 (+33.72% YoY) — substantial and rapidly growing
PAT grew +117.47% YoY in FY2023 — strong profitability improvement
CRISIL BB+/Stable (January 2024) — investment-grade adjacent; stable credit outlook
Diversified: telecom infra + solar + IoT + IT — multiple growth vectors
Strong sector tailwinds: 5G rollout, renewable energy, smart city initiatives

Cons

Unlisted — no exchange price discovery
Open charges ₹276.96 Cr — significant debt load relative to scale
PAT absolute figure not publicly disclosed; ~40 employees is low for ₹436 Cr revenue (asset-light or subcontractor model)
Promoter identity not publicly disclosed

Business Segments

Telecom infrastructure services — 4G/5G tower installation and network deployment

Renewable energy — solar power systems installation

Smart infrastructure and IoT solutions

IT services — software development, website maintenance, multimedia

Internet and broadband services

Kilpauk, Chennai, Tamil Nadu

Revenue Model

Veremax likely generates revenue through project-based contracts and managed service agreements with telecom operators and enterprise IT clients for infrastructure services, network management, and related technology services.

Detailed Analysis

Growth outlookExpansion plans, industry tailwinds & headwinds6

Growth Plans

India's 5G rollout by major telecom operators (Jio, Airtel) creates demand for network infrastructure services companies

Enterprise digital transformation spending continues to grow, supporting IT managed services demand

Industry Tailwinds

India's 5G rollout by major telecom operators (Jio, Airtel) creates demand for network infrastructure services companies

Recent Developments

FY2023: Revenue ₹436 Cr (+33.72% YoY); EBITDA +43.38%; net worth +48.6%; PAT +117.47%

January 2024: CRISIL reaffirmed BB+/Stable corporate credit rating

FY2024 balance sheet filed; AGM December 31, 2024

Open charges ₹276.96 Cr; settled loans ₹148.75 Cr — active working capital borrowings

Comparable Companies

CompanyTypeTickerMkt Cap

Tejas Networks LimitedListedTEJASNET~5,000 Cr

Sterlite Technologies LimitedPE: ~20xxListedSTRTECH~3,000 Cr

Tejas Networks LimitedListed

TEJASNET · ~5,000 Cr

Sterlite Technologies LimitedListed

STRTECH · ~3,000 Cr

PE: ~20xx

Frequently Asked Questions

About Veremax Technologie Services

Veremax Technologie Services Limited is a Chennai-based public limited company incorporated in May 2013, engaged in providing technology and telecom infrastructure services. The company operates under NIC code 72 (other computer-related activities), which encompasses maintenance of websites, creation of multimedia presentations, and technology services for enterprises and telecommunications operators. Headquartered at Doshi Towers, Poonamallee High Road, Kilpauk, Chennai, Veremax has established itself as a provider of end-to-end telecom solutions, including internet services, software development, and IT infrastructure management. The company serves a diverse clientele of businesses requiring digital and telecom backbone support. For the financial year ending March 31, 2023, Veremax generated revenues of approximately Rs. 436 crore, placing it in the INR 100–500 crore revenue bracket. EBITDA grew 43% year-on-year in FY2023, indicating healthy operating leverage. The company has an authorised and paid-up share capital of Rs. 7 crore each, reflecting its structure as a mid-sized unlisted public enterprise. The company is led by its three directors: Tiruchendur Rajakani Meganathan Venkatesh, Thulasimani Marimuthu, and Npalanisamy Raja. Its positioning in the telecom IT services space makes it a beneficiary of India's expanding 4G/5G rollout and growing demand for managed IT services across industries. With a focus on system integration, website management, and digital infrastructure, Veremax serves corporate clients who require reliable technology support without maintaining in-house IT teams. As an unlisted company, Veremax's shares are traded through OTC mechanisms and secondary market platforms catering to pre-IPO and unlisted share investors.

Key Milestones

17 May 2013 — Incorporated in Chennai, Tamil Nadu; telecom and IT infrastructure services

Common questions about unlisted shares

How do I buy Veremax Technologie Services unlisted shares here?
Raise an enquiry on any company with the quantity you want. Our desk sources the shares and comes back with a firm price and allocation. You accept the allocation, transfer the funds to the desk's published bank account, and once we verify payment the shares are transferred into your demat.
Who am I actually transacting with?
You transact with the desk, not with an anonymous counterparty. When you buy, you buy from the desk; when you sell, you sell to the desk. Shares always route through the desk's own demat account, so there's one accountable party for the whole trade.
How do I pay, and is there a payment gateway?

Veremax Technologie Services Limited

How settlement works

Get price alerts for Veremax Technologie Services Limited

Discuss Veremax Technologie Services

Similar companies

Other ways to invest