Virmin Technology Solutions Private Limited
About Virmin Technology Solutions Private Limited
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Virmin Technology Solutions Private Limited was a private limited company based in Chennai, Tamil Nadu, 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 consultancy services segment of the technology and IT services sector. It was incorporated on 18 August 2015.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2015PTC101850.
The company had an authorised share capital of ₹50,000 and a paid-up capital of ₹50,000. It was led by directors Gurusamy Suyambu Selvi and Joseph Chermarajan.
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 Vijai Sri'S Vishnu Apts Flat No.F2 Plot No.15 Bhel Staff Nagar Madhanandapuram Porur, Chennai, Tamil Nadu, India – 600125.
As per the financials filed for FY 2017, the company reported a revenue of ₹19.08 Lakh, a growth of 117% compared to the previous year. For the same year it recorded a net profit of ₹37,138 (net margin 1.9%) and EBITDA of ₹31,539 (EBITDA margin 1.7%).
Company details
Contact details
Virmin Technology Solutions Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressVijai Sri'S Vishnu Apts Flat No.F2 Plot No.15 Bhel Staff Nagar Madhanandapuram Porur, Chennai, Tamil Nadu, India – 600125
- IndustryInformation Technology, Consultancy, Computer Programming
To see the full contact details of Virmin Technology 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
Business activity
The main business activity of Virmin Technology 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 Virmin Technology Solutions Private Limited, buy the company report.
Financials of Virmin Technology Solutions Private Limited
FY 2017 filings availableVirmin Technology Solutions Private Limited reported revenue of ₹19.08 Lakh (up 117% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 117% in the latest year. EBITDA rose 160% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹19.08 Lakh | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹31,539 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹37,138 | |
| 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 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 1.7% | |
| Net Profit Margin | 1.9% | |
| 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 Virmin Technology Solutions Private Limited, buy the company report.
Board of directors of Virmin Technology Solutions Private Limited
Virmin Technology Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gurusamy Suyambu Selvi | Director | 18 Aug 2015 | 11 Years 2 Months | As last reported |
| Joseph Chermarajan | Director | 18 Aug 2015 | 11 Years 2 Months | As last reported |
Peer comparison
Virmin Technology Solutions Private Limited is compared with the 8 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 |
|---|---|---|---|---|---|---|
| Shooters Tech Private Limited | ₹19.09 Lakh (FY 2021) | -36.0% | New Delhi, Delhi, India | |||
| Aisani Software Solutions Private Limited | ₹19.09 Lakh (FY 2018) | Purba Medinipur, West Bengal, India | ||||
| Cbay Infotech Ventures Private Limited | ₹19.08 Lakh (FY 2025) | 0.0% | Hyderabad, Telangana, India | |||
| Tekbos Business Solutions India Private Limited | ₹19.08 Lakh (FY 2025) | 122.0% | Coimbatore, Tamil Nadu, India | |||
| Virmin Technology Solutions Private Limitedthis company | ₹19.08 Lakh (FY 2017) | ₹37,138 | 1.9% | 117.0% | Chennai, Tamil Nadu, India | |
| Guru Info Solutions Private Limited | ₹19.08 Lakh (FY 2019) | 218.0% | Chennai, Tamil Nadu, India | |||
| Progressus Edification Private Limited | ₹19.07 Lakh (FY 2020) | Lucknow, Uttar Pradesh, India | ||||
| Zen Software Solutions Private Limited | ₹19.07 Lakh (FY 2025) | -66.0% | Uttar Pradesh, India | |||
| Orangecells Innovation Lab Private Limited | ₹19.07 Lakh (FY 2024) | Bangalore, Karnataka, India |
To see the full peer comparison of Virmin Technology Solutions Private Limited, buy the company report.
Auditor
Virmin Technology Solutions Private Limited is audited by M/s. V P MUTHUKUMARAN for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M/s. V P MUTHUKUMARAN | FY 2017 | 41348S |
Shareholding
The shareholding of Virmin Technology Solutions 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 Virmin Technology Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Virmin Technology 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 Virmin Technology Solutions 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 Virmin Technology Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Virmin Technology Solutions Private Limited has 2 board changes on record since 2015: 2 appointments. The latest: Gurusamy Suyambu Selvi was appointed as Director on 18 Aug 2015.
Frequently asked questions
Virmin Technology Solutions 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.
Virmin Technology Solutions was a private limited company based in Chennai, Tamil Nadu, India. The company worked in consultancy, within the information technology industry. It was incorporated on 18 August 2015 and is registered under CIN U72900TN2015PTC101850. The company has been struck off by the Registrar of Companies and is no longer operational.
Virmin Technology Solutions had 2 directors:
- Gurusamy Suyambu Selvi - Director
- Joseph Chermarajan - Director
The CIN (Corporate Identification Number) of Virmin Technology Solutions is U72900TN2015PTC101850. 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 Virmin Technology Solutions is at Vijai SriS Vishnu Apts Flat No.F2 Plot No.15 Bhel Staff Nagar Madhanandapuram Porur, Chennai, Tamil Nadu, India – 600125.
Virmin Technology Solutions was incorporated on 18 August 2015. It is registered with the Registrar of Companies, Chennai.
The latest financial statements of Virmin Technology Solutions 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 FY 2016 are in the company report.
Virmin Technology Solutions operated in the information technology industry, in the consultancy segment. It worked in this industry before it was struck off.
The peers of Virmin Technology Solutions by revenue are Shooters Tech Private Limited, Aisani Software Solutions Private Limited, Cbay Infotech Ventures Private Limited, Tekbos Business Solutions India Private Limited, Guru Info Solutions Private Limited and 3 more, all in the same principal business activity (computer programming, consultancy and related activities).
Gurusamy Suyambu Selvi was appointed as Director on 18 Aug 2015. Joseph Chermarajan was appointed as Director on 18 Aug 2015.
Virmin Technology Solutions can be reached at its registered office: Vijai SriS Vishnu Apts Flat No.F2 Plot No.15 Bhel Staff Nagar Madhanandapuram Porur, Chennai, Tamil Nadu, India – 600125.
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