Verso Altima India Private Limited

Verso Altima India Private Limited - information technology in Thane, Maharashtra, India. FY 2026 financials & compliance.
CIN U72900MH2020PTC339852 Incorporated 20 May 2020 ROC Mumbai HQ Thane, Maharashtra, India
Active Private Limited Company information technology MSME
Data last updated
Revenue · FY 2025
₹25.34 Cr
▲ 33% YoY
Net profit · FY 2025
₹64.46 Lakh
Net margin 2.5%
EBITDA · FY 2025
₹78.52 Lakh
EBITDA margin 3.1%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Employees · EPFO
76
Provident fund records
Directors on board
2
As per MCA filings

About Verso Altima India Private Limited

Data last updated:

Verso Altima India Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 20 May 2020 and has been in existence for over 6 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2020PTC339852. Its GSTIN is 27AAHCV3835A1ZH (Maharashtra).

The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Sudha Kiran Reddy Sunkerneni and Patlola Venkata Lakshma Reddy.

Its last annual general meeting (AGM) was held on 05 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Sector 15, Thane, Maharashtra.

As per the financials filed for FY 2025, the company reported a revenue of ₹25.34 Cr, a growth of 33% compared to the previous year. For the same year it recorded a net profit of ₹64.46 Lakh (net margin 2.5%) and EBITDA of ₹78.52 Lakh (EBITDA margin 3.1%). Revenue has grown at a compounded annual rate (CAGR) of 45% over three years.

The company has about 76 employees on its provident fund (EPFO) records.

Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it; 2 cases are pending. The company has 1 deal on record (1 acquisition); the latest was in February 2022.

Verso Altima India Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-33-0289386). For more details, the company can be reached via its website vai.net.in.

Company details

CIN U72900MH2020PTC339852
Registration Number 339852
Incorporation Date 20 May 2020
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 05 September 2025
Date of Balance Sheet 31 March 2024
MSME Classification MSME
Udyam Registration UDYAM-MH-33-0289386

Recognitions & Rankings of Verso Altima India

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-MH-33-0289386

Contact details

Verso Altima India Private Limited's registered office is in Thane, Maharashtra. Its website is vai.net.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
  • Registered Address
    11th Floor Premises No. 1107 And 1108, Plot No. 87 Sector 15 C.B.D Belapur Navi Mumbai, Thane, Maharashtra, India – 400614
  • Industry
    Information Technology, IT Consulting & Support Services

To see the full contact details of Verso Altima India Private Limited, buy the company report.

Comprehensive company report
Verso Altima India 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Business activity

The main business activity of Verso Altima India is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communication62Computer programming, consultancy and related activities

To see the full business activity and turnover split of Verso Altima India Private Limited, buy the company report.

Financials of Verso Altima India Private Limited

FY 2024 filings available

Verso Altima India Private Limited reported revenue of ₹25.34 Cr (up 33% YoY) for FY 2025.

Revenue · FY 2025
₹25.34 Cr ▲ 33%
Net profit · FY 2025
₹64.46 Lakh margin 2.5%
EBITDA · FY 2025
₹78.52 Lakh margin 3.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 33%
3 years · compounded
▲ 45%
EBITDA CAGR growth
1 year
▼ 68%
3 years · compounded
▲ 71%

Revenue has grown at a compounded annual rate (CAGR) of 45% over three years, including 33% growth in the latest year. EBITDA fell 68% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹78.52 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹64.46 Lakh
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin3.1%
Net Profit Margin2.5%
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

To see the full financial statements and ratios of Verso Altima India Private Limited, buy the company report.

Board of directors of Verso Altima India Private Limited

Verso Altima India has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sudha Kiran Reddy SunkerneniDirector01 Jan 20233 Years 10 MonthsCurrent
Patlola Venkata Lakshma ReddyDirector01 Jun 20242 Years 5 MonthsCurrent

Auditor

Verso Altima India Private Limited is audited by SKSPJ&ASSOCIATES for the financial year 2022.

Auditor firmFinancial yearFirm registration number
SKSPJ&ASSOCIATESFY 2022023970N

Shareholding

The shareholding of Verso Altima India Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Verso Altima India Private Limited, buy the company report.

Deals & funding

Verso Altima India Private Limited has 1 deal on record (1 acquisition); the latest was in February 2022.

Total deals
1
Acquisition
1

Deals on record (1 of 1)

WhenDealAmountParties
Feb 2022AcquisitionUndisclosedBuyer: Adroit Infotech Limited

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Verso Altima India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Group structure & subsidiaries

Verso Altima India has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

1
Associated companies

Employees & EPFO

Verso Altima India Private Limited has a workforce of 76 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.

Employee count
76
Active EPFO establishments
1
Employee growth
22.58%

GST

Verso Altima India has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAHCV3835A1ZHMaharashtraActive13 Jul 2020

To see the full GST registrations and return filing status of Verso Altima India Private Limited, buy the company report.

Recent activity

Verso Altima India Private Limited has 6 board changes on record since 2020: 4 appointments and 2 cessations. The latest: Arvind Dwivedi ceased to be Director on 29 Aug 2024.

AGM
Verso Altima India Private Limited last Annual general meeting of members was held on 05 Sep 2025 as per latest MCA records.
Ceased
Arvind Dwivedi ceased to be Director.
Ceased
Nirupama Arvind Dwivedi ceased to be Director.
Appointed
Patlola Venkata Lakshma Reddy was appointed as Director.
Filing
Verso Altima India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai Ii.
Appointed
Sudha Kiran Reddy Sunkerneni was appointed as Director.
Appointed
Arvind Dwivedi was appointed as Director.
Appointed
Nirupama Arvind Dwivedi was appointed as Director.
Incorporation
20 May 2020
Verso Altima India Private Limited was registered on 20 May 2020 with Roc Mumbai Ii & aged 6 years 5 months as per MCA records.

Frequently asked questions

Verso Altima India is an active private limited company based in Thane, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 20 May 2020 (6+ years old) and is registered under CIN U72900MH2020PTC339852.

Verso Altima India has 2 current directors:

The latest financial statements of Verso Altima India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 05 September 2025. Year-wise statements from FY 2021 are in the company report.

The GSTIN of Verso Altima India is 27AAHCV3835A1ZH, registered in Maharashtra.

The CIN (Corporate Identification Number) of Verso Altima India is U72900MH2020PTC339852. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Verso Altima India has 3 court cases on record: 1 filed by the company and 2 filed against it. 2 are pending. Most are in the high courts.

Verso Altima India was incorporated on 20 May 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.

Verso Altima India has 1 deal on record (1 acquisition); the latest was in February 2022.

Arvind Dwivedi ceased to be Director on 29 Aug 2024. Nirupama Arvind Dwivedi ceased to be Director on 29 Aug 2024. Patlola Venkata Lakshma Reddy was appointed as Director on 01 Jun 2024. Verso Altima India has 6 board changes on record in total.

Yes, Verso Altima India is registered as an MSME under Udyam registration (number: UDYAM-MH-33-0289386).