Vescon Private Limited
About Vescon Private Limited
Data last updated:
Vescon Private Limited is a private limited company based in Odisha, India. It operates in the computer programming segment of the technology and IT services sector. It was incorporated on 22 July 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U31909OR1988PTC002050. Its GSTIN is 21AACCV4045M1ZD (Odisha).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.02 Lakh. It is led by directors Usha Rani Tibrewal and Vivek Tibrewal.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Shri Laxminarayan Complex, 1st Floor Panposh Road Civil, Odisha, India – 769004.
As per the financials filed for FY 2025, the company reported a revenue of ₹78.5 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.14 Lakh (net margin 1.5%) and EBITDA of ₹6.11 Lakh (EBITDA margin 7.8%). Revenue has grown at a compounded annual rate (CAGR) of 141% over three years and 63% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Vescon Private Limited's registered office is in Odisha. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShri Laxminarayan Complex, 1st Floor Panposh Road Civil, Odisha, India – 769004
- IndustryInformation Technology, Computer Programming, Consultancy
To see the full contact details of Vescon 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
Business activity
The main business activity of Vescon 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 Vescon Private Limited, buy the company report.
Financials of Vescon Private Limited
FY 2025 filings availableVescon Private Limited reported revenue of ₹78.5 Lakh (up 190% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 63% over five years, including 190% growth in the latest year. EBITDA rose 119% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹6.11 Lakh | ||||
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| Net Profit (PAT) | ₹1.14 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 7.8% | ||||
| Net Profit Margin | 1.5% | ||||
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To see the full financial statements and ratios of Vescon Private Limited, buy the company report.
Board of directors of Vescon Private Limited
Vescon has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Usha Rani Tibrewal | Director | 15 Apr 2019 | 7 Years 6 Months | Current |
| Vivek Tibrewal Also directs: Osho Enterprises Private Limited | Director | 15 Apr 2019 | 7 Years 6 Months | Current |
Peer comparison
Vescon Private Limited is compared with the 7 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Seasia Infotech Private Limited | ₹78.55 Lakh (FY 2025) | -98.0% | Ambala Cantt, Haryana, India | |||
| Ghorarava Technologies Private Limited | ₹78.55 Lakh (FY 2020) | 412.0% | Indore, Madhya Pradesh, India | |||
| Xenneo Tech Private Limited | ₹78.55 Lakh (FY 2024) | 1054.0% | Pune, Maharashtra, India | |||
| Spef Software Solutions Private Limited | ₹78.55 Lakh (FY 2025) | -14.0% | Thiruvananthapuram, Kerala, India | |||
| Vescon Private Limitedthis company | ₹78.5 Lakh (FY 2025) | ₹1.14 Lakh | 1.5% | 190.0% | Odisha, India | |
| Eastside Consultancy Services Private Limited | ₹78.49 Lakh (FY 2025) | -55.0% | New Delhi, Delhi, India | |||
| Neofirst Technologies India Private Limited | ₹78.48 Lakh (FY 2024) | Bangalore, Karnataka, India | ||||
| Ufmcom Business Solutions Private Limited | ₹78.48 Lakh (FY 2025) | -4.0% | Wadakkanchery, Kerala, India |
To see the full peer comparison of Vescon Private Limited, buy the company report.
Auditor
Vescon Private Limited is audited by ASTHA AGARWAL for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ASTHA AGARWAL | FY 2017 | 431861 |
Shareholding
The shareholding of Vescon Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Vescon Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Vescon 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 Vescon Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vescon has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AACCV4045M1ZD | Odisha | Active | 25 Nov 2021 |
To see the full GST registrations and return filing status of Vescon Private Limited, buy the company report.
Recent activity
Vescon Private Limited has 8 board changes on record since 2016: 2 appointments and 6 cessations. The latest: Bashant Kumar Sharma ceased to be Director on 16 Apr 2019.
Frequently asked questions
Vescon is an active private limited company based in Odisha, India. The company works in computer programming, within the information technology industry. It was incorporated on 22 July 1988 (38+ years old) and is registered under CIN U31909OR1988PTC002050.
Vescon has 2 current directors:
- Usha Rani Tibrewal - Director
- Vivek Tibrewal - Director
The latest financial statements of Vescon on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Vescon is 21AACCV4045M1ZD, registered in Odisha.
The CIN (Corporate Identification Number) of Vescon is U31909OR1988PTC002050. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vescon was incorporated on 22 July 1988, making it 38+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Vescon by revenue are Seasia Infotech Private Limited, Ghorarava Technologies Private Limited, Xenneo Tech Private Limited, Spef Software Solutions Private Limited, Eastside Consultancy Services Private Limited and 2 more, all in the same principal business activity (computer programming, consultancy and related activities).
Bashant Kumar Sharma ceased to be Director on 16 Apr 2019. Manoj Kumar Singh ceased to be Director on 16 Apr 2019. Usha Rani Tibrewal was appointed as Director on 15 Apr 2019. Vescon has 8 board changes on record in total.
The registered office of Vescon is at Shri Laxminarayan Complex, 1st Floor Panposh Road Civil, Odisha, India – 769004.
Vescon operates in the information technology industry, in the computer programming segment.
The compliance status of Vescon is compliant as of 31 July 2026. The company is actively filing with the Registrar of Companies.
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