MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-26-0078773
Vero India Software Private Limited
Vero India Software Private Limited - information technology in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹18.34 Cr
▼ 4% YoY
Net profit · FY 2024
₹1.28 Cr
Net margin 7%
EBITDA · FY 2024
₹2.03 Cr
EBITDA margin 11%
Authorised capital
₹1.37 Cr
Registered with MCA
Paid-up capital
₹1.37 Cr
Issued & subscribed
Company age
23 yrs
Est. 2003
Employees · EPFO
31
Provident fund records
Directors on board
3
As per MCA filings
About Vero India Software Private Limited
Data last updated:
Vero India Software Private Limited is a private limited company based in Pune, Maharashtra, India, a subsidiary of Sescoi International Sas. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 22 September 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72200PN2003PTC018378. Its GSTIN is 27AAHCS5302F1ZK (Maharashtra).
The company has an authorised share capital of ₹1.37 Cr and a paid-up capital of ₹1.37 Cr. It was formerly known as Sescoi India Solutions Private Limited. It is led by directors including Ranjeet Ghorpade and Sridhar Dharmarajan.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Pune, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹18.34 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹1.28 Cr (net margin 7%) and EBITDA of ₹2.03 Cr (EBITDA margin 11%). Revenue has grown at a compounded annual rate (CAGR) of 9% over five years.
The company has about 31 employees on its provident fund (EPFO) records.
Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
Vero India Software Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0078773). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U72200PN2003PTC018378
Registration Number 018378
Incorporation Date 22 September 2003
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Sescoi International Sas
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-26-0078773
Key People
Ranjeet Ghorpade Director Sridhar Dharmarajan Director Pramod Kaushik Additional Director Recognitions & Rankings of Vero India Software
Contact details
Vero India Software Private Limited's registered office is in Pune, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Social Media
- Registered AddressUnit No 104 105 1st Floor Sai Radhe Complex100101 Kennedy Road Adjoining To Hotel Grand S, Heraton, Pune, Maharashtra, India – 411001
- IndustryInformation Technology, Software Development & Support Services
To see the full contact details of Vero India Software Private Limited, buy the company report.
Comprehensive company report
Vero India Software Private Limited - one report that includes everything
- 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
The main business activity of Vero India Software is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Vero India Software Private Limited, buy the company report.
Financials of Vero India Software Private Limited
FY 2024 filings availableVero India Software Private Limited reported revenue of ₹18.34 Cr (down 4% YoY) for FY 2024.
Revenue · FY 2024
₹18.34 Cr ▼ 4%
Net profit · FY 2024
₹1.28 Cr margin 7%
EBITDA · FY 2024
₹2.03 Cr margin 11%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 4%
5 years · compounded
▲ 9%
EBITDA CAGR growth
1 year
▼ 71%
5 years · compounded
▲ 1%
Revenue fell 4% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 9%. EBITDA fell 71% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | ₹2.03 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.28 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11% | ||||
| Net Profit Margin | 7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Vero India Software Private Limited, buy the company report.
Board of directors of Vero India Software Private Limited
Vero India Software has 3 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ranjeet Ghorpade | Director | 21 Jul 2020 | 6 Years 3 Months | Current |
| Sridhar Dharmarajan Also directs: Hexagon Manufacturing Intelligence India Private Limited | Director | 27 Nov 2020 | 5 Years 11 Months | Current |
| Pramod Kaushik Also directs: Hexagon Metrology India Private Limited | Additional Director | 25 Jul 2024 | 2 Years 3 Months | Current |
Peer comparison
Vero India Software Private Limited is compared with the 4 companies closest to it by revenue in the Information Technology industry (Software Services), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Launchtrax Private Limited | ₹18.69 Cr (FY 2024) | 63.0% | Virudhunagar, Tamil Nadu, India | |||
| Breachlock India Private Limited | ₹18.6 Cr (FY 2025) | 56.0% | Noida, Uttar Pradesh, India | |||
| Zapare Technologies Private Limited | ₹18.35 Cr (FY 2025) | 72.0% | Thrissur, Kerala, India | |||
| Vero India Software Private Limitedthis company | ₹18.34 Cr (FY 2024) | ₹1.28 Cr | 7% | -4.0% | 31 | Pune, Maharashtra, India |
| QSG Technologies Private Limited | ₹18.28 Cr (FY 2024) | -2.0% | Bengaluru, Karnataka, India |
To see the full peer comparison of Vero India Software Private Limited, buy the company report.
Auditor
Vero India Software Private Limited is audited by P. G Bhagwat LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P. G Bhagwat LLP | FY 2023 | 101118W/W100682 |
Shareholding
The shareholding of Vero India Software Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Vero India Software Private Limited, buy the company report.
Legal cases
Vero India Software Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Total cases
1
Filed against the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Appln.PGA) | Filed against the company by an individual | Pending |
To see the full case history of Vero India Software Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Vero India Software Private Limited has 1 MSME Form 1 return on record for the period ending Sep 2021, listing 5 overdue payments to 5 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Ideas Design Solutions Private Limited |
To see the full MSME payment records of Vero India Software Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Vero India Software Private Limited has a workforce of 31 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
31
Active EPFO establishments
1
GST
Vero India Software has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCS5302F1ZK | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vero India Software Private Limited, buy the company report.
Recent activity
Vero India Software Private Limited has 16 board changes on record since 2012: 4 appointments and 12 cessations. The latest: Pramod Kaushik was appointed as Additional Director on 25 Jul 2024.
AGM
Vero India Software Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Appointed
Pramod Kaushik was appointed as Additional Director.
Filing
Vero India Software Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
Ceased
Lim Boon Chooon ceased to be Additional Director.
Appointed
Lim Boon Chooon was appointed as Director.
Ceased
Ranjeet Ghorpade ceased to be Additional Director.
Ceased
Sridhar Dharmarajan ceased to be Additional Director.
Ceased
Sandeep Surendraprasad Shrivastava ceased to be Director.
Ceased
Deepak Kumar Patidar ceased to be Director.
Appointed
Sridhar Dharmarajan was appointed as Director.
Appointed
Ranjeet Ghorpade was appointed as Director.
Ceased
Julie Langhorne Randall ceased to be Director.
7 earlier events are in the company report.
Frequently asked questions
Vero India Software is an active private limited company based in Pune, Maharashtra, India. The company works in software development and support services, within the information technology industry. It was incorporated on 22 September 2003 (23+ years old) and is registered under CIN U72200PN2003PTC018378.
Vero India Software has 3 current directors:
- Ranjeet Ghorpade - Director
- Sridhar Dharmarajan - Director
- Pramod Kaushik - Additional Director
The latest financial statements of Vero India Software on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Vero India Software is 27AAHCS5302F1ZK, registered in Maharashtra.
The CIN (Corporate Identification Number) of Vero India Software is U72200PN2003PTC018378. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vero India Software has 1 court case on record: 1 filed against it. 1 is pending.
Vero India Software was incorporated on 22 September 2003, making it 23+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Vero India Software by revenue are Launchtrax Private Limited, Breachlock India Private Limited, Zapare Technologies Private Limited, QSG Technologies Private Limited, all in the Information Technology industry (Software Services), with the same principal business activity (computer programming, consultancy and related activities).
Pramod Kaushik was appointed as Additional Director on 25 Jul 2024. Lim Boon Chooon ceased to be Additional Director on 31 Dec 2020. Lim Boon Chooon was appointed as Director on 31 Dec 2020. Vero India Software has 16 board changes on record in total.
Yes, Vero India Software is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0078773).
Vero India Software has 1 MSME Form 1 return on record for the period ending Sep 2021, listing 5 overdue payments to 5 micro and small suppliers. The latest return was filed on 08 Nov 2021.
The registered office of Vero India Software is at Unit No 104 105 1st Floor Sai Radhe Complex100101 Kennedy Road Adjoining To Hotel Grand S, Heraton, Pune, Maharashtra, India – 411001.
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