Verna Softech Limited
About Verna Softech Limited
Data last updated:
Verna Softech Limited is a public limited company based in Gerugambakkam, Tamil Nadu, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 15 October 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U30006TN1999PLC043363.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹3 Cr. It was formerly known as Aanjaay Software Limited. It is led by directors including Jayaraman Venkatanarasimhan and Maharajapillai Rajhan Thirumalai.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at No – 21B Thamarai Street Chakrapani Nagar, Gerugambakkam, Tamil Nadu, India – 600128.
As per the financials filed for FY 2020, the company reported a revenue of ₹66.45 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹1.26 Lakh (net margin -1.9%) and EBITDA of -₹95,518 (EBITDA margin -1.4%). Revenue has grown at a compounded annual rate (CAGR) of 101% over three years.
As per MCA filings, the company has satisfied charges of ₹8.75 Lakh on record. Court records list 12 cases involving the company, including 12 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Verna Softech Limited's registered office is in Gerugambakkam, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo – 21B Thamarai Street Chakrapani Nagar, Gerugambakkam, Tamil Nadu, India – 600128
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Verna Softech 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 Verna 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. |
Financials of Verna Softech Limited
FY 2020 filings availableVerna Softech Limited reported revenue of ₹66.45 Lakh (up 3305621% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 101% over three years. EBITDA fell 677% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹66.45 Lakh | ||||
| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹95,518 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.26 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -1.4% | ||||
| Net Profit Margin | -1.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Verna Softech Limited, buy the company report.
Board of directors of Verna Softech Limited
Verna Softech has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jayaraman Venkatanarasimhan Also directs: Agrata Biotech Limited | Director | 12 Mar 2021 | 5 Years 7 Months | Current |
| Maharajapillai Rajhan Thirumalai Also directs: Agrata Biotech Limited | Director | 12 Mar 2021 | 5 Years 7 Months | Current |
| Kanthan Nagarajan Also directs: Memuna Life Sciences Private Limited, Agrata Biotech Limited | Director | 12 Mar 2021 | 5 Years 7 Months | Current |
Shareholding
The shareholding of Verna Softech Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Verna Softech Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Aug 2004 | 90290477 | The South Indian Bank Ltd. | ₹8.75 Lakh | Satisfied |
To see the full charge records of Verna Softech Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Verna Softech Limited has 12 court cases on record: 12 filed against it. 1 case is pending and 11 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 9 | 1 |
| High courts | 3 | 3 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Civil suit | Filed against the company by M/S. Tech Pacific (India) Ltd. Through Mr. Manohar Sundaram (Old Cri.M.A.767/202 | Pending |
| District court, Thane, Maharashtra | Criminal miscellaneous application | Filed against the company by M/S. Tech Pacific (India) Ltd. Through Mr. Manohar Sundaram | Disposed |
| High Court, TAMIL NADU | Petition | Filed against the company by an individual | Disposed |
| High Court, TAMIL NADU | Court case (CRL A) | Filed against the company by an individual | Disposed |
| High Court, TAMIL NADU | Court case (CRL OP) | Filed against the company by an individual | Disposed |
To see the full case history of Verna Softech 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 Verna Softech 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 Verna Softech Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Verna Softech Limited has 8 board changes on record since 2007: 3 appointments and 5 cessations. The latest: Anand Anitha ceased to be Director on 15 Mar 2021.
1 earlier event is in the company report.
Frequently asked questions
Verna Softech is an active public limited company based in Gerugambakkam, Tamil Nadu, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 15 October 1999 (27+ years old) and is registered under CIN U30006TN1999PLC043363.
Verna Softech has 3 current directors:
- Jayaraman Venkatanarasimhan - Director
- Maharajapillai Rajhan Thirumalai - Director
- Kanthan Nagarajan - Director
The latest financial statements of Verna Softech on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Verna Softech is U30006TN1999PLC043363. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Verna Softech has 12 court cases on record: 12 filed against it. 1 is pending. Most are in the district courts.
Verna Softech was incorporated on 15 October 1999, making it 27+ years old. It is registered with the Registrar of Companies, Chennai.
Anand Anitha ceased to be Director on 15 Mar 2021. Kuniamuthur Nanjappan Anand ceased to be Director on 15 Mar 2021. Nanjappan Aravind ceased to be Managing Director on 15 Mar 2021. Verna Softech has 8 board changes on record in total.
The registered office of Verna Softech is at No – 21B Thamarai Street Chakrapani Nagar, Gerugambakkam, Tamil Nadu, India – 600128.
Verna Softech operates in the information technology industry, in the application development and software solutions segment.
Verna Softech has no open charges and satisfied charges of ₹8.75 Lakh as per latest MCA filings.