About Busigence Technologies Private Limited
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Busigence Technologies Private Limited is a private limited company based in Jaipur, Rajasthan, India. It operates in the computer programming segment of the technology and IT services sector. It was incorporated on 14 April 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U72200RJ2010PTC031479. Its GSTIN is 08AAECB0745Q2ZB (Rajasthan). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Pranav Verma and Seema Verma.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 37 Prem Nagar Gurjar Ki Thadi, Jaipur, Rajasthan, India – 302019.
As per the financials filed for FY 2023, the company reported a revenue of ₹27.58 Lakh, a decline of 43% compared to the previous year. For the same year it recorded a net loss of ₹22.18 Lakh (net margin -80.4%) and EBITDA of -₹29.47 Lakh (EBITDA margin -106.9%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years.
The company is associated with 2 brands: Busigence and Veriphi Legal.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website busigence.com.
- EmailLocked
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- Website
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- Registered Address37 Prem Nagar Gurjar Ki Thadi, Jaipur, Rajasthan, India – 302019
- IndustryInformation Technology, Computer Programming, Consultancy
- 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
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Business Activity of Busigence Technologies Private Limited
The main business activity of Busigence Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Busigence Technologies Private Limited FY 2023 filings available
Busigence Technologies Private Limited reported revenue of ₹27.58 Lakh (down 43% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Busigence Technologies Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 7% over three years, including a 43% fall in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Busigence Technologies 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 | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹29.47 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹22.18 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Busigence Technologies Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -106.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -80.4% | •••• | •••• | •••• | •••• |
| 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 Busigence Technologies 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.
Peer Comparison of Busigence Technologies Private Limited
Busigence Technologies Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Patro Digitech India Private Limited | ₹27.61 Lakh (FY 2024) | •••• | •••• | -33.0% | •••• | Hyderabad, Telangana, India |
| Adu Infocorp (OPC) Private Limited | ₹27.59 Lakh (FY 2023) | •••• | •••• | 3579.0% | •••• | Coimbatore, Tamil Nadu, India |
| Panicle Tech Private Limited | ₹27.59 Lakh (FY 2024) | •••• | •••• | 25.0% | •••• | Kurukshetra, Haryana, India |
| E- Midas Info System Private Limited | ₹27.58 Lakh (FY 2025) | •••• | •••• | 21.0% | •••• | New Delhi, Delhi, India |
| Sreesai Akhila Digital Solutions Private Limited | ₹27.58 Lakh (FY 2025) | •••• | •••• | 34.0% | •••• | Khammam, Telangana, India |
| Busigence Technologies Private Limited this company | ₹27.58 Lakh (FY 2023) | •••• | •••• | -43.0% | •••• | Jaipur, Rajasthan, India |
| Zensciences Digital Private Limited | ₹27.57 Lakh (FY 2024) | •••• | •••• | -47.0% | •••• | Bangalore, Karnataka, India |
| Techflye Services Private Limited | ₹27.57 Lakh (FY 2025) | •••• | •••• | -11.0% | •••• | Nayagarh, Odisha, India |
| Winds Online Private Limited | ₹27.56 Lakh (FY 2025) | •••• | •••• | 31.0% | •••• | Palakkad, Kerala, India |
| Softintra Technology Private Limited | ₹27.56 Lakh (FY 2024) | •••• | •••• | 57.0% | •••• | Padrauna, Uttar Pradesh, India |
| Predictiveq Private Limited | ₹27.55 Lakh (FY 2024) | •••• | •••• | 34.0% | •••• | Ahmedabad, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Busigence Technologies by revenue in the same principal business activity (Computer programming, consultancy and related activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Busigence Technologies Private Limited
Busigence Technologies Private Limited is audited by AJAY BHAGAT & ASSOCIATES for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| AJAY BHAGAT & 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 Busigence Technologies Private Limited
Busigence Technologies has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prashant Verma Also directs: Nanoprecise Data Services Private Limited | Additional Director | 30 Apr 2015 | 11 Years 5 Months | Current |
| Pranav Verma Also directs: Acuro AI India Private Limited | Director | 14 Apr 2010 | 16 Years 5 Months | Current |
| Seema Verma | Director | 14 Apr 2010 | 16 Years 5 Months | Current |
Ownership and Shareholding of Busigence Technologies 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 Busigence Technologies Private Limited
Busigence Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Busigence Technologies Private Limited
Busigence Technologies operates two associated brands: Busigence and Veriphi Legal. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Develops AI-driven data products to enhance decision-making and solve real-world issues. | busigence.com | |
| Automates compliance for legal document processing and business oversight. | veriphi.legal |
Employees and EPFO Compliance at Busigence Technologies Private Limited
Employment history and EPFO contributions of people linked to Busigence Technologies.
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.
Recent Activity on Busigence Technologies Private Limited
Busigence Technologies Private Limited has 3 board changes on record since 2010: 3 appointments. The latest: Prashant Verma was appointed as Additional Director on 30 Apr 2015.
Credit Ratings, Litigation & Regulatory Alerts for Busigence Technologies 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 Busigence Technologies 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 Busigence Technologies 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.
GST Compliance of Busigence Technologies Private Limited
Busigence Technologies has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAECB0745Q2ZB | Rajasthan | Active | 15 Oct 2017 |
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.
MCA Filings & Documents of Busigence Technologies 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.
Frequently Asked Questions about Busigence Technologies Private Limited
Busigence Technologies is an active private limited company based in Jaipur, Rajasthan, India. The company works in computer programming, within the information technology industry. It was incorporated on 14 April 2010 (16+ years old) and is registered under CIN U72200RJ2010PTC031479.
Busigence Technologies reported revenue of ₹27.58 Lakh for FY 2023 (down 43% YoY).
Busigence Technologies has 3 current directors:
- Prashant Verma - Additional Director
- Pranav Verma - Director
- Seema Verma - Director
Busigence Technologies reported a net loss of ₹22.18 Lakh (net margin -80.4%) and EBITDA of -₹29.47 Lakh (EBITDA margin -106.9%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Busigence Technologies is -7% over three years. In the latest year (FY 2023) revenue fell 43%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Busigence Technologies is 08AAECB0745Q2ZB, registered in Rajasthan. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Busigence Technologies is U72200RJ2010PTC031479. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Busigence Technologies was incorporated on 14 April 2010, making it 16+ years old. It is registered with the Registrar of Companies, Jaipur.
The peers of Busigence Technologies by revenue are Patro Digitech India Private Limited, Adu Infocorp (OPC) Private Limited, Panicle Tech Private Limited, E- Midas Info System Private Limited, Sreesai Akhila Digital Solutions Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Prashant Verma was appointed as Additional Director on 30 Apr 2015. Pranav Verma was appointed as Director on 14 Apr 2010. Seema Verma was appointed as Director on 14 Apr 2010.
Busigence Technologies can be reached through the website busigence.com. Its registered office is in Jaipur, Rajasthan, India.