Virstra I-Technology Services Limited

Virstra I-Technology Services Limited - information technology in New Delhi, Delhi, India. Directors, charges & compliance details.
CIN U72200DL2004PLC126213 Incorporated 06 May 2004 ROC Delhi HQ New Delhi, Delhi, India
Merged Public Limited Company information technology
Data last updated
Revenue · FY 2019
₹14.12 Cr
▼ 12% YoY
Net profit · FY 2019
₹2.89 Cr
Net margin 20.5%
EBITDA · FY 2019
₹4.01 Cr
EBITDA margin 28.4%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Company age
22 yrs
Est. 2004
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered

About Virstra I-Technology Services Limited

Data last updated:

Virstra I-Technology Services Limited was a public limited company based in New Delhi, Delhi, India, operated as a subsidiary of Nucleus Software Exports Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 06 May 2004.

The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U72200DL2004PLC126213. Its GSTIN is 27AABCV8600M1Z1 (Maharashtra).

The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It was led by directors including Prithvi Pal Singh Haldea and Vishnu Rampratap Dusad.

Its last annual general meeting (AGM) was held on 08 July 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at 33 – 35 Thyagraj Nagar Market, New Delhi, Delhi, India – 110003.

As per the financials filed for FY 2019, the company reported a revenue of ₹14.12 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹2.89 Cr (net margin 20.5%) and EBITDA of ₹4.01 Cr (EBITDA margin 28.4%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years.

The company was associated with 1 brand: Nucleus Software.

Company details

CIN U72200DL2004PLC126213
Registration Number 126213
Incorporation Date 06 May 2004
ROC Delhi
Listing Status Unlisted
Company Status Amalgamated
Date of Last AGM 08 July 2019
Date of Balance Sheet 31 March 2019
Parent Company Nucleus Software Exports Limited
Compliance Status Active Compliant

Contact details

Virstra I-Technology Services Limited's registered office is in New Delhi, Delhi. Its e-mail address is in the company report.

  • Email
  • Registered Address
    33 – 35 Thyagraj Nagar Market, New Delhi, Delhi, India – 110003
  • Industry
    Information Technology, Application Development & Software Solutions

To see the full contact details of Virstra I-Technology Services Limited, buy the company report.

Comprehensive company report
Virstra I-Technology Services 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
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Brands

Virstra I-Technology Services operates one associated brand: Nucleus Software. Each brand links to its own profile.

BrandDescriptionWebsite
Core banking platforms are supplied to banks and financial institutions.nucleussoftware.com

Business activity

The main business activity of Virstra I-Technology Services 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 communicationJ6Computer programming, consultancy and related activities

To see the full business activity and turnover split of Virstra I-Technology Services Limited, buy the company report.

Financials of Virstra I-Technology Services Limited

FY 2019 filings available

Virstra I-Technology Services Limited reported revenue of ₹14.12 Cr (down 12% YoY) for FY 2019.

Revenue · FY 2019
₹14.12 Cr ▼ 12%
Net profit · FY 2019
₹2.89 Cr margin 20.5%
EBITDA · FY 2019
₹4.01 Cr margin 28.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 12%
3 years · compounded
▼ 7%
EBITDA CAGR growth
1 year
▼ 36%
3 years · compounded
▼ 5%

Revenue has declined at a compounded annual rate (CAGR) of 7% over three years, including a 12% fall in the latest year. EBITDA fell 36% 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 2018-19FY 2017-18FY 2016-17FY 2015-16FY 2014-15
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₹4.01 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹2.89 Cr
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 2018-19FY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin28.4%
Net Profit Margin20.5%
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 Virstra I-Technology Services Limited, buy the company report.

Board of directors of Virstra I-Technology Services Limited

Virstra I-Technology Services has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Prithvi Pal Singh HaldeaDirector29 Aug 201412 Years 1 MonthsAs last reported
Vishnu Rampratap DusadDirector06 May 200422 Years 5 MonthsAs last reported
Ravi Pratap SinghDirector06 May 200422 Years 5 MonthsAs last reported

Peer comparison

Virstra I-Technology Services Limited is compared with the 5 companies closest to it by revenue in the Information Technology industry (Application Development), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Sterco Digitex Private Limited₹14.15 Cr (FY 2025)18.0%New Delhi, Delhi, India
Bitscape Infotech Private Limited₹14.13 Cr (FY 2025)-64.0%Ahmedabad, Gujarat, India
Virstra I-Technology Services Limitedthis company₹14.12 Cr (FY 2019)₹2.89 Cr20.5%-12.0%New Delhi, Delhi, India
Emotion Mobility India Private Limited₹14.11 Cr (FY 2025)13.0%Pune, Maharashtra, India
Got Print Private Limited₹14.1 Cr (FY 2025)13.0%Pune, Maharashtra, India
Your Practice Online India Private Limited₹14.1 Cr (FY 2025)15.0%Bangalore, Karnataka, India

To see the full peer comparison of Virstra I-Technology Services Limited, buy the company report.

Auditor

Virstra I-Technology Services Limited is audited by BSR & Associates LLP for the financial year 2017.

Auditor firmFinancial yearFirm registration number
BSR & Associates LLPFY 2017116231W/W-

Shareholding

The shareholding of Virstra I-Technology Services 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 categoryFY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Virstra I-Technology Services Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Virstra I-Technology Services Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Virstra I-Technology Services has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AABCV8600M1Z1MaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Virstra I-Technology Services Limited, buy the company report.

Recent activity

Virstra I-Technology Services Limited has 6 board changes on record since 2004: 3 appointments and 3 cessations. The latest: Prithvi Pal Singh Haldea ceased to be Director on 21 Sep 2019.

Ceased
Prithvi Pal Singh Haldea ceased to be Director.
AGM
Virstra I-Technology Services Limited last Annual general meeting of members was held on 08 Jul 2019 as per latest MCA records.
Filing
Virstra I-Technology Services Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Delhi.
Ceased
Pramod Kumar Sanghi ceased to be Director.
Appointed
Prithvi Pal Singh Haldea was appointed as Director.
Ceased
Sanjiv Sarin ceased to be Director.
Appointed
Ravi Pratap Singh was appointed as Director.
Appointed
Vishnu Rampratap Dusad was appointed as Director.
Incorporation
06 May 2004
Virstra I-Technology Services Limited was registered on 06 May 2004 with Roc Delhi & aged 22 years 5 months as per MCA records.

Frequently asked questions

Virstra I-Technology Services has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.

Virstra I-Technology Services was a public limited company based in New Delhi, Delhi, India. The company worked in application development and software solutions, within the information technology industry. It was incorporated on 06 May 2004 and is registered under CIN U72200DL2004PLC126213. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.

Virstra I-Technology Services was incorporated on 06 May 2004. It is registered with the Registrar of Companies, Delhi.

Virstra I-Technology Services had 3 directors:

The CIN (Corporate Identification Number) of Virstra I-Technology Services is U72200DL2004PLC126213. 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 Virstra I-Technology Services is at 33 – 35 Thyagraj Nagar Market, New Delhi, Delhi, India – 110003.

The latest financial statements of Virstra I-Technology Services on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 08 July 2019. Year-wise statements from 2015 are in the company report.

The GSTIN of Virstra I-Technology Services is 27AABCV8600M1Z1, registered in Maharashtra.

Virstra I-Technology Services operated in the information technology industry, in the application development and software solutions segment.

The peers of Virstra I-Technology Services by revenue are Sterco Digitex Private Limited, Bitscape Infotech Private Limited, Emotion Mobility India Private Limited, Got Print Private Limited, Your Practice Online India Private Limited, all in the Information Technology industry (Application Development), with the same principal business activity (computer programming, consultancy and related activities).

Prithvi Pal Singh Haldea ceased to be Director on 21 Sep 2019. Pramod Kumar Sanghi ceased to be Director on 31 Mar 2015. Prithvi Pal Singh Haldea was appointed as Director on 29 Aug 2014. Virstra I-Technology Services has 6 board changes on record in total.