Vesture Softech Private Limited
About Vesture Softech Private Limited
Data last updated:
Vesture Softech Private Limited was a private limited company based in Hyderabad, Telangana, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the software segment of the printing and publishing sector. It was incorporated on 24 April 2008.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U52100TG2008PTC058808.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Siva Prasad Abburi and Hanumaiah Abburi.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at 13 – 6 – 436/35 Flat No 402 Sita Anisha Residency Pillar No 67 Laxmi Nagar Mehdipatnam, Hyderabad, Telangana, India – 500028.
As per the financials filed for FY 2017, the company reported a revenue of ₹52.06 Lakh, a decline of 91% compared to the previous year. For the same year it recorded a net profit of ₹2.35 Lakh (net margin 4.5%) and EBITDA of ₹4.01 Lakh (EBITDA margin 7.7%). Revenue has grown at a compounded annual rate (CAGR) of 46% over three years.
Court records list 15 cases involving the company, including 13 filed by the company and 2 filed against it; 5 cases are pending.
Company details
CIN history
Vesture Softech has one previous CIN (Corporate Identification Number): U72200TG2008PTC058808. The current CIN is U52100TG2008PTC058808, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U52100TG2008PTC058808 | Current |
| U72200TG2008PTC058808 | Previous |
Contact details
Vesture Softech Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Social Media
- Registered Address13 – 6 – 436/35 Flat No 402 Sita Anisha Residency Pillar No 67 Laxmi Nagar Mehdipatnam, Hyderabad, Telangana, India – 500028
- IndustryPrinting & Publishing, Software, System Software, Application Software, Games, Publishing
To see the full contact details of Vesture Softech 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 Vesture Softech is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Vesture Softech Private Limited, buy the company report.
Financials of Vesture Softech Private Limited
FY 2017 filings availableVesture Softech Private Limited reported revenue of ₹52.06 Lakh (down 91% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 91% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 46%. EBITDA fell 87% 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹52.06 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹4.01 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹2.35 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 7.7% | ||
| Net Profit Margin | 4.5% | ||
| 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 Vesture Softech Private Limited, buy the company report.
Board of directors of Vesture Softech Private Limited
Vesture Softech has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Siva Prasad Abburi | Director | 24 Apr 2008 | 18 Years 5 Months | As last reported |
| Hanumaiah Abburi | Director | 24 Apr 2008 | 18 Years 5 Months | As last reported |
| Suresh Babu Abburi | Director | 01 Apr 2015 | 11 Years 6 Months | As last reported |
Auditor
Vesture Softech Private Limited is audited by V SATISH REDDY for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V SATISH REDDY | FY 2017 | 214944 |
Shareholding
The shareholding of Vesture Softech Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Vesture Softech Private Limited, buy the company report.
Legal cases
Vesture Softech Private Limited has 15 court cases on record: 13 filed by Vesture Softech, 2 filed against it. 5 cases are pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 11 | 2 | 5 |
| District courts | 4 | 0 | 0 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hyderabad CCC, Telangana | Criminal complaint | Filed by the company against Ms A P Media and Broad Casting Company Pvt Ltd | Disposed |
| High Court, TELANGANA | Criminal complaint | Filed by the company against individuals | Pending |
| High Court, TELANGANA | Criminal complaint | Filed by the company against individuals | Pending |
| High Court, TELANGANA | Writ petition | Filed by the company against The State of Telangana and 3 Others and 3 others | Pending |
| High Court, TELANGANA | Writ petition | Filed by the company against individuals | Pending |
To see the full case history of Vesture Softech 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
No delayed payments to MSME suppliers are on our record for Vesture Softech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Vesture Softech Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Vesture Softech Private Limited has 3 board changes on record since 2008: 3 appointments. The latest: Suresh Babu Abburi was appointed as Director on 01 Apr 2015.
Frequently asked questions
Vesture Softech has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Vesture Softech was a private limited company based in Hyderabad, Telangana, India. The company worked in software, within the printing and publishing industry. It was incorporated on 24 April 2008 and is registered under CIN U52100TG2008PTC058808. The company has been struck off by the Registrar of Companies and is no longer operational.
Vesture Softech had 3 directors:
- Siva Prasad Abburi - Director
- Hanumaiah Abburi - Director
- Suresh Babu Abburi - Director
The CIN (Corporate Identification Number) of Vesture Softech is U52100TG2008PTC058808. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Vesture Softech is at 13 – 6 – 43635 Flat No 402 Sita Anisha Residency Pillar No 67 Laxmi Nagar Mehdipatnam, Hyderabad, Telangana, India – 500028.
Vesture Softech was incorporated on 24 April 2008. It is registered with the Registrar of Companies, Hyderabad.
The latest financial statements of Vesture Softech on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
Vesture Softech operated in the printing and publishing industry, in the software segment. It worked in this industry before it was struck off.
Vesture Softech has 15 court cases on record: 13 filed by the company and 2 filed against it. 5 are pending. Most are in the high courts.
Suresh Babu Abburi was appointed as Director on 01 Apr 2015. Hanumaiah Abburi was appointed as Director on 24 Apr 2008. Siva Prasad Abburi was appointed as Director on 24 Apr 2008.