About Norfolk Technology Services Limited
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Norfolk Technology Services Limited is a public limited company based in Vadodara, Gujarat, India, a subsidiary of Northvale Capital Partners Pte Ltd. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 02 September 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U67110GJ2005PLC046708. Its GSTIN is 24AACCV3212E1ZX (Gujarat).
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹5.8 Cr. It was formerly known as Vadodara Stock Exchange Limited. It is led by directors including Baljit Singh and Honey Baljit Singh.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 3rd Floor Fortune Towerrsyajigunj, Vadodara, Gujarat, India – 390005.
As per the financials filed for FY 2024, the company reported a revenue of ₹22.65 Cr, a growth of 49% compared to the previous year. For the same year it recorded a net profit of ₹1.71 Cr (net margin 7.6%) and EBITDA of ₹2.98 Cr (EBITDA margin 13.2%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 11% over five years.
The company has about 22 employees on its provident fund (EPFO) records. Its group structure includes 3 subsidiaries.
The company is associated with 1 brand: VSELIndia. Court records list 18 cases involving the company, including 6 filed by the company and 12 filed against it; 5 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vselindia.com.
Company details
Contact details
Norfolk Technology Services Limited's registered office is in Vadodara, Gujarat. Its website is vselindia.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address3rd Floor Fortune Towerrsyajigunj, Vadodara, Gujarat, India – 390005
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Norfolk Technology Services 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
Brands
Norfolk Technology Services operates one associated brand: VSELIndia. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Functions as an online trading platform for commodities, derivatives, stocks, and other assets. | vselindia.com |
Business activity
The main business activity of Norfolk Technology Services is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services and other financial activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services | |
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Norfolk Technology Services Limited, buy the company report.
Financials of Norfolk Technology Services Limited
FY 2025 filings availableNorfolk Technology Services Limited reported revenue of ₹22.65 Cr (up 49% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 49% growth in the latest year. EBITDA rose 56% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹2.98 Cr | ||||
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| Net Profit (PAT) | ₹1.71 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 13.2% | ||||
| Net Profit Margin | 7.6% | ||||
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To see the full financial statements and ratios of Norfolk Technology Services Limited, buy the company report.
Board of directors of Norfolk Technology Services Limited
Norfolk Technology Services has 3 current directors and 49 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Baljit Singh Also directs: Integra Switchgear Limited, Idream Film Infrastructure Company Limited, Bimal Switchgear Private Limited and 5 more | Director | 06 Sep 2018 | 8 Years 1 Months | Current |
| Honey Baljit Singh Also directs: Integra Switchgear Limited, Idream Film Infrastructure Company Limited, Bimal Switchgear Private Limited and 3 more | Director | 06 Sep 2018 | 8 Years 1 Months | Current |
| Upveen Harpal Also directs: Integra Switchgear Limited, Idream Film Infrastructure Company Limited, Bimal Switchgear Private Limited and 5 more | Director | 06 Sep 2018 | 8 Years 1 Months | Current |
Auditor
Norfolk Technology Services Limited is audited by D C PARIKH & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D C PARIKH & CO | FY 2023 | 107537W |
Shareholding
The shareholding of Norfolk Technology Services Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Norfolk Technology Services Limited, buy the company report.
Legal cases
Norfolk Technology Services Limited has 18 court cases on record: 6 filed by Norfolk Technology Services, 12 filed against it. 5 cases are pending and 13 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 10 | 2 |
| High courts | 6 | 2 | 3 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Court case (AO) | Filed against the company by Uniliv Foods Ltd | Disposed |
| District court, Vadodara, Gujarat | Civil suit | Filed against the company by an individual | Pending |
| High Court, GUJARAT | Court case (SCR.A) | Filed by the company against State of Gujarat and 2 others | Pending |
| High Court, GUJARAT | Special civil application | Filed by the company against an individual | Pending |
| District court, Vadodara, Gujarat | Court case (EXE S) | Filed against the company by an individual | Pending |
To see the full case history of Norfolk Technology Services 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 Norfolk Technology Services Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Norfolk Technology Services has 3 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Vse Securities Ifsc Private Limited | U65999GJ2019PTC106219 | |
| Vse Stock Services Limited | U67120GJ2002PLC040360 | |
| Norfolk Technologies Private Limited | U72900MH2007PTC176001 |
To see the full group structure of Norfolk Technology Services Limited, buy the company report.
Employees & EPFO
Norfolk Technology Services Limited has a workforce of 22 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Norfolk Technology Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCV3212E1ZX | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Norfolk Technology Services Limited, buy the company report.
Recent activity
Norfolk Technology Services Limited has 95 board changes on record since 2005: 49 appointments and 46 cessations. The latest: Satyanarayan Madanlal Shah ceased to be Director on 26 Apr 2019.
86 earlier events are in the company report.
Frequently asked questions
Norfolk Technology Services is an active public limited company based in Vadodara, Gujarat, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 02 September 2005 (21+ years old) and is registered under CIN U67110GJ2005PLC046708.
Norfolk Technology Services has 3 current directors:
- Baljit Singh - Director
- Honey Baljit Singh - Director
- Upveen Harpal - Director
The latest financial statements of Norfolk Technology Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Norfolk Technology Services is 24AACCV3212E1ZX, registered in Gujarat.
The CIN (Corporate Identification Number) of Norfolk Technology Services is U67110GJ2005PLC046708. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Norfolk Technology Services has 18 court cases on record: 6 filed by the company and 12 filed against it. 5 are pending. Most are in the district courts.
Norfolk Technology Services was incorporated on 02 September 2005, making it 21+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Satyanarayan Madanlal Shah ceased to be Director on 26 Apr 2019. Sonal Jayeshbhai Parikh ceased to be Director on 02 Nov 2018. Baljit Singh was appointed as Director on 06 Sep 2018. Norfolk Technology Services has 95 board changes on record in total.
Norfolk Technology Services can be reached through the website vselindia.com. Its registered office is in Vadodara, Gujarat, India.
The registered office of Norfolk Technology Services is at 3rd Floor Fortune Towerrsyajigunj, Vadodara, Gujarat, India – 390005.