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Commverse Private Limited - business outsourcing in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹8.79 Cr
▲ 40% YoY
Net profit · FY 2024
₹1.19 Cr
Net margin 13.5%
EBITDA · FY 2024
₹1.2 Cr
EBITDA margin 13.6%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹6 Lakh
Issued & subscribed
Open charges
₹1.61 Cr
Secured borrowings
Company age
4 yrs
Est. 2022
Directors on board
2
As per MCA filings
About Commverse Private Limited
Data last updated:
Commverse Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 01 February 2022.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2022PTC157332. Its GSTIN is 29AAKCC0708Q1Z6 (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹6 Lakh. It is led by directors Sanjay Singla and Karan Mandhyan.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹8.79 Cr, a growth of 40% compared to the previous year. For the same year it recorded a net profit of ₹1.19 Cr (net margin 13.5%) and EBITDA of ₹1.2 Cr (EBITDA margin 13.6%).
The company is associated with 1 brand: CommVerse. As per MCA filings, the company has open charges of ₹1.61 Cr on record.
Commverse Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0158523). For more details, the company can be reached via its website commverseglobal.com.
Company details
CIN U72900KA2022PTC157332
Registration Number 157332
Incorporation Date 01 February 2022
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0158523
Key People
Sanjay Singla Director Karan Mandhyan Director Recognitions & Rankings of Commverse
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2021-22)
- Udyam number
- UDYAM-KR-03-0158523
Contact details
Commverse Private Limited's registered office is in Bangalore, Karnataka. Its website is commverseglobal.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressWework Embassy Techvillage Block L Devarabisanahalli, Outer Ring Rd, Bangalore, Karnataka, India – 560103
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Commverse Private Limited, buy the company report.
Comprehensive company report
Commverse Private 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
Commverse operates one associated brand: CommVerse. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides IT consulting and solutions for Energy, Agriculture, and Metals sectors globally. | commverseglobal.com |
Business activity
The main business activity of Commverse 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 Commverse Private Limited, buy the company report.
Financials of Commverse Private Limited
FY 2025 filings availableCommverse Private Limited reported revenue of ₹8.79 Cr (up 40% YoY) for FY 2024.
Revenue · FY 2024
₹8.79 Cr ▲ 40%
Net profit · FY 2024
₹1.19 Cr margin 13.5%
EBITDA · FY 2024
₹1.2 Cr margin 13.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 40%
EBITDA CAGR growth
1 year
▼ 17%
Revenue rose 40% in the latest year. EBITDA fell 17% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| 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 | ₹1.2 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹1.19 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 13.6% | ||
| Net Profit Margin | 13.5% | ||
| 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 Commverse Private Limited, buy the company report.
Board of directors of Commverse Private Limited
Commverse has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Singla | Director | 01 Feb 2022 | 4 Years 8 Months | Current |
| Karan Mandhyan | Director | 01 Feb 2022 | 4 Years 8 Months | Current |
Auditor
Commverse Private Limited is audited by NANDEESHA PUTTANAPURA MAHADEVAPPA for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NANDEESHA PUTTANAPURA MAHADEVAPPA | FY 2023 | 208165 |
Shareholding
The shareholding of Commverse Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Commverse Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.61 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Jun 2025 | 101116701 | Others | ₹60.55 Lakh | Open | |
| 20 Feb 2025 | 101057613 | Others | ₹1 Cr | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Commverse 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 Commverse Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Commverse Private Limited has 1 active EPFO establishment as of Apr 06, 2024.
Active EPFO establishments
1
GST
Commverse has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAKCC0708Q1Z6 | Karnataka | Active | 02 Mar 2022 |
To see the full GST registrations and return filing status of Commverse Private Limited, buy the company report.
Recent activity
Commverse Private Limited has 3 board changes on record since 2022: 2 appointments and 1 cessation. The latest: Vinayak Basavaraj Mungurwadi ceased to be Managing Director on 05 Jun 2024.
AGM
Commverse Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 60.55 Lakh with Charge ID 101116701 was registered on 04 Jun 2025.
Filing
Commverse Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 100.00 Lakh with Charge ID 101057613 was registered on 20 Feb 2025.
Ceased
Vinayak Basavaraj Mungurwadi ceased to be Managing Director.
Appointed
Karan Mandhyan was appointed as Director.
Appointed
Sanjay Singla was appointed as Director.
Incorporation
01 Feb 2022
Commverse Private Limited was registered on 01 Feb 2022 with Roc Bangalore & aged 4 years 8 months as per MCA records.
Frequently asked questions
Commverse is an active private limited company based in Bangalore, Karnataka, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 01 February 2022 (4+ years old) and is registered under CIN U72900KA2022PTC157332.
Commverse has 2 current directors:
- Sanjay Singla - Director
- Karan Mandhyan - Director
The latest financial statements of Commverse on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Commverse is 29AAKCC0708Q1Z6, registered in Karnataka.
The CIN (Corporate Identification Number) of Commverse is U72900KA2022PTC157332. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Commverse was incorporated on 01 February 2022, making it 4+ years old. It is registered with the Registrar of Companies, Bangalore.
Vinayak Basavaraj Mungurwadi ceased to be Managing Director on 05 Jun 2024. Karan Mandhyan was appointed as Director on 01 Feb 2022. Sanjay Singla was appointed as Director on 01 Feb 2022.
Yes, Commverse is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Commverse is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0158523).
Commverse can be reached through the website commverseglobal.com. Its registered office is in Bangalore, Karnataka, India.