Test and Verification Solutions India Private Limited

Test and Verification Solutions India Private Limited - information technology in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U72100TN2011PTC082191 Incorporated 03 September 2011 ROC Chennai HQ Chennai, Tamil Nadu, India
Active Private Limited Company information technology MSME · Micro
Data last updated
Revenue · FY 2025
₹52.93 Lakh
▼ 69% YoY
Net profit · FY 2025
₹27.54 Lakh
Net margin 52%
EBITDA · FY 2025
₹36.12 Lakh
EBITDA margin 68.2%
Authorised capital
₹24 Lakh
Registered with MCA
Paid-up capital
₹20.1 Lakh
Issued & subscribed
Satisfied charges
₹1 Cr
No open charges
Company age
15 yrs
Est. 2011
Employees · EPFO
1
Provident fund records

About Test and Verification Solutions India Private Limited

Data last updated:

Test and Verification Solutions India Private Limited is a private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Tessolve Semiconductor Private Limited. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 03 September 2011 and has been in existence for over 15 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72100TN2011PTC082191. Its GSTIN is 33AADCT9587D1Z3 (Tamil Nadu). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹24 Lakh and a paid-up capital of ₹20.1 Lakh. It is led by directors Nikhil Rajpal and Srinivas Chinamilli.

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 Chennai, Tamil Nadu.

As per the financials filed for FY 2025, the company reported a revenue of ₹52.93 Lakh, a decline of 69% compared to the previous year. For the same year it recorded a net profit of ₹27.54 Lakh (net margin 52%) and EBITDA of ₹36.12 Lakh (EBITDA margin 68.2%). Revenue has declined at a compounded annual rate (CAGR) of 68% over three years and 57% over five years.

The company has about 1 employee on its provident fund (EPFO) records.

As per MCA filings, the company has satisfied charges of ₹1 Cr on record. Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending. The company has 2 deals on record (2 funding rounds), with disclosed funding of ₹21 Lakh; the latest was in January 2017.

Test and Verification Solutions India Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0046660). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website testandverification.com.

Company details

CIN U72100TN2011PTC082191
Registration Number 082191
Incorporation Date 03 September 2011
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Tessolve Semiconductor Private Limited
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-TN-02-0046660
Key People
Nikhil Rajpal Director Srinivas Chinamilli Director

Recognitions & Rankings of Test and Verification Solutions India

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-TN-02-0046660

Contact details

Test and Verification Solutions India Private Limited's registered office is in Chennai, Tamil Nadu. Its website is testandverification.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    testandverification.com
  • Social Media
  • Registered Address
    Indiqube Viceroy Building Rajbhavan, Telephone Exchange Sardarpatel Road Little Mount, Chennai, Tamil Nadu, India – 600032
  • Industry
    Information Technology, IT Consulting & Support Services

To see the full contact details of Test and Verification Solutions India Private Limited, buy the company report.

Comprehensive company report
Test and Verification Solutions India 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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Financials of Test and Verification Solutions India Private Limited

FY 2025 filings available

Test and Verification Solutions India Private Limited reported revenue of ₹52.93 Lakh (down 69% YoY) for FY 2025.

Revenue · FY 2025
₹52.93 Lakh ▼ 69%
Net profit · FY 2025
₹27.54 Lakh margin 52%
EBITDA · FY 2025
₹36.12 Lakh margin 68.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 69%
3 years · compounded
▼ 68%
5 years · compounded
▼ 57%
EBITDA CAGR growth
1 year
▼ 60%

Revenue has declined at a compounded annual rate (CAGR) of 57% over five years, including a 69% fall in the latest year. EBITDA fell 60% 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹52.93 Lakh
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹36.12 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹27.54 Lakh
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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin68.2%
Net Profit Margin52%
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 Test and Verification Solutions India Private Limited, buy the company report.

Board of directors of Test and Verification Solutions India Private Limited

Test and Verification Solutions India has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Nikhil Rajpal
Also directs: Astraprime LLP, Qubo Smart Living Private Limited, Hero Electronix Private Limited and 2 more
Director06 Feb 20206 Years 9 MonthsCurrent
Srinivas Chinamilli
Also directs: Tessolve Semiconductor Private Limited, Tessolve Semiconductor Manufacturing Industries Private Limited
Director22 Feb 20242 Years 8 MonthsCurrent
View all directors

Auditor

Test and Verification Solutions India Private Limited is audited by R.Balachandran & Co. for the financial year 2022.

Auditor firmFinancial yearFirm registration number
R.Balachandran & Co.FY 2022323S

Shareholding

The shareholding of Test and Verification Solutions India Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2020FY 2019FY 2018FY 2017
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Test and Verification Solutions India Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹1 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹1.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
12 Apr 2016100022340Hdfc Bank Limited₹1 CrSatisfied

To see the full charge records of Test and Verification Solutions India Private Limited, buy the company report.

Total charge records: 1 View all charges

Deals & funding

Test and Verification Solutions India Private Limited has 2 deals on record (2 funding rounds), with disclosed funding of ₹21 Lakh; the latest was in January 2017.

Total deals
2
Funding rounds
2
Disclosed funding
₹21 Lakh

Deals on record (2 of 2)

WhenDealAmountParties
Jan 2017Funding round₹12 LakhInvestors: an individual
Mar 2012Funding round₹9 LakhInvestors: Test and Verification Solutions Limited

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Test and Verification Solutions India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Test and Verification Solutions India Private Limited has a workforce of 1 employees on its EPFO records as of Jun 2023, across 1 active EPFO establishment.

Employee count
1
Active EPFO establishments
1
Employee growth
-80%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2023-241
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19
FY 2017-18
FY 2016-17

To see the full employee and EPFO history of Test and Verification Solutions India Private Limited, buy the company report.

GST

Test and Verification Solutions India has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
33AADCT9587D1Z3Tamil NaduActive01 Jul 2017
29AADCT9587D1ZSKarnatakaActive27 Dec 2019

To see the full GST registrations and return filing status of Test and Verification Solutions India Private Limited, buy the company report.

Recent activity

Test and Verification Solutions India Private Limited has 10 board changes on record since 2020: 2 appointments and 8 cessations. The latest: Srinivas Chinamilli ceased to be Additional Director on 29 Sep 2024.

AGM
Test And Verification Solutions India Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Filing
Test And Verification Solutions India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Ceased
Srinivas Chinamilli ceased to be Additional Director.
Appointed
Srinivas Chinamilli was appointed as Director.
Ceased
Karthik Nagappan ceased to be Director.
Charges
A charge registered on 12 Apr 2016 via Charge ID 100022340 with Hdfc Bank Limited was fully satisfied on 23 Nov 2021.
Ceased
Nikhil Rajpal ceased to be Additional Director.
Ceased
Veerappan ceased to be Additional Director.
Ceased
Angdi Somanatha Shetty ceased to be Director.
Ceased
Chandrashekar Punajoor Lokeshappa ceased to be Director.
Ceased
Michael George Bartley ceased to be Director.
Appointed
Nikhil Rajpal was appointed as Director.

4 earlier events are in the company report.

Frequently asked questions

Test and Verification Solutions India is an active private limited company based in Chennai, Tamil Nadu, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 03 September 2011 (15+ years old) and is registered under CIN U72100TN2011PTC082191.

Test and Verification Solutions India has 2 current directors:

The latest financial statements of Test and Verification Solutions India 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 Test and Verification Solutions India is 33AADCT9587D1Z3, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AADCT9587D1ZS (Karnataka).

The CIN (Corporate Identification Number) of Test and Verification Solutions India is U72100TN2011PTC082191. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Test and Verification Solutions India has 2 court cases on record: 2 filed against it. 1 is pending. Most are in the supreme court.

Test and Verification Solutions India was incorporated on 03 September 2011, making it 15+ years old. It is registered with the Registrar of Companies, Chennai.

Test and Verification Solutions India has 2 deals on record (2 funding rounds), with disclosed funding of ₹21 Lakh; the latest was in January 2017.

Srinivas Chinamilli ceased to be Additional Director on 29 Sep 2024. Srinivas Chinamilli was appointed as Director on 22 Feb 2024. Karthik Nagappan ceased to be Director on 30 Jun 2023. Test and Verification Solutions India has 10 board changes on record in total.

Yes, Test and Verification Solutions India is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-02-0046660).