About Vertisys IT Solutions Private Limited
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Vertisys IT Solutions Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 16 January 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2019PTC129806. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Vaaraahi Digitech Solutions Private Limited. It is led by directors including Vijay Nagendra Chavan and Narendrababu Gundlurie.
Its last annual general meeting (AGM) was held on 20 August 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at B 808 The Platina Gachibowli Serilingampally Mandal Rangareddy Dist, Hyderabad, Telangana, India – 500032.
As per the financials filed for FY 2020, the company reported a revenue of ₹68,067, a growth of 13% compared to the previous year. For the same year it recorded a net loss of ₹7,598 (net margin -11.2%) and EBITDA of -₹7,598 (EBITDA margin -11.2%).
The company is associated with 1 brand: Vertisys IT Solutions.
For more details, the company can be reached via its website vertisysitsolutions.com.
Company details
Contact details
Vertisys IT Solutions Private Limited's registered office is in Hyderabad, Telangana. Its website is vertisysitsolutions.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressB 808 The Platina Gachibowli Serilingampally Mandal Rangareddy Dist, Hyderabad, Telangana, India – 500032
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Vertisys IT Solutions Private Limited, buy the company report.
- 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
Brands
Vertisys IT Solutions operates one associated brand: Vertisys IT Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers comprehensive website, mobile application, e-commerce development, and testing services. | vertisysitsolutions.com |
Business activity
The main business activity of Vertisys IT Solutions 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 Vertisys IT Solutions Private Limited, buy the company report.
Financials of Vertisys IT Solutions Private Limited
FY 2020 filings availableVertisys IT Solutions Private Limited reported revenue of ₹68,067 (up 13% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue rose 13% in the latest year. EBITDA rose 9% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹68,067 | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹7,598 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹7,598 | |
| Balance Sheet | ||
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| Reserves and Surplus | ||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -11.2% | |
| Net Profit Margin | -11.2% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
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To see the full financial statements and ratios of Vertisys IT Solutions Private Limited, buy the company report.
Board of directors of Vertisys IT Solutions Private Limited
Vertisys IT Solutions has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijay Nagendra Chavan Also directs: Solman IT Services LLP | Additional Director | 15 Mar 2021 | 5 Years 7 Months | Current |
| Narendrababu Gundlurie Also directs: JVM Corporate Property Consultants Private Limited | Additional Director | 01 Nov 2020 | 5 Years 11 Months | Current |
| Yedukondalu Kunchala | Additional Director | 22 Jul 2022 | 4 Years 3 Months | Current |
Auditor
Vertisys IT Solutions Private Limited is audited by CHANDANALA SRINATH & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHANDANALA SRINATH & CO | FY 2020 | 016967S |
Shareholding
The shareholding of Vertisys IT Solutions Private Limited is on record for 2 financial years, the latest being FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Vertisys IT Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Vertisys IT Solutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Vertisys IT Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vertisys IT Solutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Vertisys IT Solutions Private Limited, buy the company report.
Recent activity
Vertisys IT Solutions Private Limited has 6 board changes on record since 2020: 3 appointments and 3 cessations. The latest: Yedukondalu Kunchala was appointed as Additional Director on 22 Jul 2022.
Frequently asked questions
Vertisys IT Solutions is an active private limited company based in Hyderabad, Telangana, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 16 January 2019 (7+ years old) and is registered under CIN U72200TG2019PTC129806.
Vertisys IT Solutions has 3 current directors:
- Vijay Nagendra Chavan - Additional Director
- Narendrababu Gundlurie - Additional Director
- Yedukondalu Kunchala - Additional Director
The latest financial statements of Vertisys IT Solutions on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 20 August 2020. Year-wise statements from FY 2019 are in the company report.
No. Vertisys IT Solutions has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Vertisys IT Solutions is U72200TG2019PTC129806. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vertisys IT Solutions was incorporated on 16 January 2019, making it 7+ years old. It is registered with the Registrar of Companies, Hyderabad.
Yedukondalu Kunchala was appointed as Additional Director on 22 Jul 2022. Vijay Nagendra Chavan ceased to be Additional Director on 11 Mar 2022. Vijay Nagendra Chavan was appointed as Additional Director on 15 Mar 2021. Vertisys IT Solutions has 6 board changes on record in total.
Vertisys IT Solutions can be reached through the website vertisysitsolutions.com. Its registered office is in Hyderabad, Telangana, India.
The registered office of Vertisys IT Solutions is at B 808 The Platina Gachibowli Serilingampally Mandal Rangareddy Dist, Hyderabad, Telangana, India – 500032.
Vertisys IT Solutions operates in the business outsourcing industry, in the HR outsourcing and talent management segment.