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Veremax Technologie Services ₹375 ▲ 0.0% 1M

Veremax Technologie Services Unlisted Shares

Infrastructure Services Telecom and energy EPC and O&M

Veremax Technologie Services is a Chennai-based EPC and O&M company serving telecom, renewable energy, smart infrastructure, data centres and EV charging. It reports revenue of ₹620 crore and PAT of ₹61.6 crore for FY25.

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Indicative price
As of 23 Oct 2026
₹375 ▲ 0.00% in 1 month
Dealer quotes: ₹340 – ₹375 across 2 dealers
Key facts

Veremax Technologie Services share details

Lot size
250 shares
Min. investment
₹93,750
Face value
₹10
Founded
2013
Headquarters
Chennai, Tamil Nadu
Website
veremax.co.in
ISIN
INE1K1L01010
CIN
U72900TN2013PLC091205
Lock-in after IPO
6 months
Price history

Veremax Technologie Services share price chart

1Y change
+0.00%
High
₹375
Low
₹375

Indicative off-market dealer quotes, not exchange prices. A flat stretch means the quote did not change on those days.

About

About Veremax Technologie Services

Veremax Technologie Services Limited is a Chennai-based infrastructure services company. It builds and maintains networks and assets for others, which the industry calls EPC (engineering, procurement and construction) and O&M (operations and maintenance). Its main customers are telecom operators and enterprises. The company works across telecommunication, smart infrastructure, renewable energy, data centres, EV charging and drones. In telecom, it does cell sites, tower foundations, tower erection, optical fibre cabling and FTTx work. It also describes itself as an E-Waste and Battery Recycling licence holder, and says it holds ISO 9001:2015, ISO/IEC 20000-1:2018 and ISO/IEC 27001:2013 certifications. On its website, the company says it has a presence in 15 states, a team of 500+ people, a 14,000 KM ISP fiber network and 3,100 pole installations. It also claims 1000+ projects delivered. These are company statements, not audited numbers. For FY25, the website shows revenue of ₹620 crore and PAT of ₹61.6 crore. We could not find an annual report or DRHP for this company, so these two figures come only from the company's own website and are not verified against audited accounts. We have not written balance sheet figures or the share count. The company was incorporated in Tamil Nadu in 2013, as a public limited company. Venkatesh TRM is the Founder and Chairman, and Thulasimani M is a Director. We do not have shareholding details from a source document. There is no linked IPO yet. Unlisted shares of a company like this are dealt off-market between buyers and sellers, so the indicative price of ₹375 per share (lot size 250) is only a guide and not an exchange price.

Strengths

  • The company reports FY25 revenue of ₹620 crore on its website, which shows a business of real scale in telecom and infrastructure services.
  • It reports FY25 PAT of ₹61.6 crore, so it is profitable on its own numbers.
  • Its work spans telecom, solar, smart infrastructure, data centres and EV charging, so it is not tied to a single segment.
  • It says it operates in 15 states with a team of 500+ people, which supports pan-India execution.
  • It holds ISO 9001:2015, ISO/IEC 20000-1:2018 and ISO/IEC 27001:2013 certifications and an E-Waste and Battery Recycling licence, according to its website.

Risks

  • We found no annual report or DRHP, so the FY25 revenue and PAT are unaudited website claims that we could not verify.
  • No balance sheet, debt or cash flow data was available, so we cannot judge leverage or whether profit turns into cash.
  • EPC and O&M businesses depend on a few large telecom and utility customers, and the website lists names such as Jio, Airtel and BSNL among its clients.
  • The company's own pages give two different founding years (2009 and 2013), so its history is not clearly stated.
  • Unlisted shares trade off-market with indicative prices, so liquidity is thin and the price can differ from what a buyer or seller gets.
  • The company has not filed an IPO document yet, so there is no assured listing timeline.
Financials

Veremax Technologie Services financial performance

Revenue, profit and balance-sheet figures by fiscal year.

Revenue & PAT (₹ Cr)
Revenue PAT
Metric FY25Latest
Revenue (₹ Cr) 620
PAT (₹ Cr) 61.60
PAT Margin (%) 9.94

Swipe the table sideways for earlier years →

Leadership

Management team

Venkatesh TRM
Founder & Chairman
Holds an engineering degree (ECE) from PSG Tech, Coimbatore, with 26 years in telecom, internet and IT.
Thulasimani M
Director
Has expertise in telecom and ISP businesses, with past experience at HCL, BPL, Aircel, Nokia and Zylog.
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Veremax Technologie Services unlisted shares: common questions

Important disclaimer

Unlisted shares are not traded on stock exchanges. Prices shown are indicative and based on off-market transactions; they may differ from eventual listing or future market prices. Exit liquidity depends on counter-party availability. SEBI mandates a 6-month lock-in on pre-IPO shares post-listing. Gains held beyond 24 months are taxed at 12.5% LTCG (no indexation). IPO Guru is not a SEBI Registered Investment Advisor. Information here is for general awareness, not personalised investment advice. Please consult your tax advisor before investing.