About Valgen Business Solutions Private Limited
Data last updated:
Valgen Business Solutions Private Limited was a private limited company based in Chennai, Tamil Nadu, India, operated as a subsidiary of Kripya Solutions Private Limited. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the software development and support services segment of the technology and IT services sector. It was incorporated on 28 February 2005.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U72400TN2005PTC055502. Its GSTIN is 33AACCV0300K1ZU (Tamil Nadu).
The company had an authorised share capital of ₹50 Lakh and a paid-up capital of ₹36.36 Lakh. It was led by directors Balasubramanian Hariharan (Whole-Time Director) and Madhushree Kishore Sardesai.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at B 601 Keshav Dugar 30 East Avenue Kesavaperumalpuram Raja Annamalaipuram, Chennai, Tamil Nadu, India – 600028.
As per the financials filed for FY 2021, the company reported a revenue of ₹4.1 Lakh, a decline of 87% compared to the previous year. For the same year it recorded a net profit of ₹2.34 Lakh (net margin 57%) and EBITDA of ₹3.16 Lakh (EBITDA margin 77%). Revenue has declined at a compounded annual rate (CAGR) of 69% over three years and 57% over five years.
The company had about 1 employee on its provident fund (EPFO) records before it was struck off.
As per MCA filings, the company had satisfied charges of ₹60 Lakh on record.
The last known website on record is valgeninc.com.
Company details
Contact details
Valgen Business Solutions Private Limited's registered office is in Chennai, Tamil Nadu. Its website is valgeninc.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressB 601 Keshav Dugar 30 East Avenue Kesavaperumalpuram Raja Annamalaipuram, Chennai, Tamil Nadu, India – 600028
- IndustryInformation Technology, Software Development & Support Services
To see the full contact details of Valgen Business Solutions Private 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
Financials of Valgen Business Solutions Private Limited
FY 2021 filings availableValgen Business Solutions Private Limited reported revenue of ₹4.1 Lakh (down 87% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 57% over five years, including a 87% fall in the latest year. EBITDA fell 52% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | ₹3.16 Lakh | ||||
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| Net Profit (PAT) | ₹2.34 Lakh | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| Profitability | |||||
| EBITDA Margin | 77% | ||||
| Net Profit Margin | 57% | ||||
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To see the full financial statements and ratios of Valgen Business Solutions Private Limited, buy the company report.
Board of directors of Valgen Business Solutions Private Limited
Valgen Business Solutions has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Madhushree Kishore Sardesai | Director | 28 Sep 2017 | 9 Years 1 Months | As last reported |
| Balasubramanian Hariharan Also directs: Valgen Infosystems Private Limited | Whole-Time Director | 03 Mar 2005 | 21 Years 8 Months | As last reported |
Peer comparison
Valgen Business Solutions Private Limited is compared with the 3 companies closest to it by revenue in the Information Technology industry (Software Services), with the same principal business activity (publishing of computer operating systems, system software, application software, games,etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Infinypool Online Payment Solutions India Private Limited | ₹4.2 Lakh (FY 2024) | 2400.0% | New Delhi, Delhi, India | |||
| Leal Software Solution Private Limited | ₹4.13 Lakh (FY 2025) | -8.0% | Nashik, Maharashtra, India | |||
| Valgen Business Solutions Private Limitedthis company | ₹4.1 Lakh (FY 2021) | ₹2.34 Lakh | 57% | -87.0% | 1 | Chennai, Tamil Nadu, India |
| Vardhan Infotech Solutions Private Limited | ₹4.05 Lakh (FY 2024) | 20.0% | Delhi, India |
To see the full peer comparison of Valgen Business Solutions Private Limited, buy the company report.
Auditor
Valgen Business Solutions Private Limited is audited by RAGHAVAN & MURALIDHARAN for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAGHAVAN & MURALIDHARAN | FY 2019 | 007110S |
Shareholding
The shareholding of Valgen Business Solutions Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Valgen Business Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Dec 2006 | 10035030 | Axis Bank Limited | ₹60 Lakh | Satisfied |
To see the full charge records of Valgen Business Solutions Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Valgen Business Solutions 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 Valgen Business Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Valgen Business Solutions Private Limited has a workforce of 1 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Valgen Business Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AACCV0300K1ZU | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Valgen Business Solutions Private Limited, buy the company report.
Recent activity
Valgen Business Solutions Private Limited has 9 board changes on record since 2005: 2 appointments and 7 cessations. The latest: Kishore Prabhakar Sardesai ceased to be Director on 01 May 2019.
3 earlier events are in the company report.
Frequently asked questions
Valgen Business Solutions has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Valgen Business Solutions was a private limited company based in Chennai, Tamil Nadu, India. The company worked in software development and support services, within the information technology industry. It was incorporated on 28 February 2005 and is registered under CIN U72400TN2005PTC055502. The company has been struck off by the Registrar of Companies and is no longer operational.
Valgen Business Solutions had 2 directors:
- Balasubramanian Hariharan - Whole-Time Director
- Madhushree Kishore Sardesai - Director
The CIN (Corporate Identification Number) of Valgen Business Solutions is U72400TN2005PTC055502. 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 Valgen Business Solutions is at B 601 Keshav Dugar 30 East Avenue Kesavaperumalpuram Raja Annamalaipuram, Chennai, Tamil Nadu, India – 600028.
Valgen Business Solutions was incorporated on 28 February 2005. It is registered with the Registrar of Companies, Chennai.
Valgen Business Solutions can be reached through the website valgeninc.com. Its registered office is in Chennai, Tamil Nadu, India.
The latest financial statements of Valgen Business Solutions on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Valgen Business Solutions is 33AACCV0300K1ZU, registered in Tamil Nadu.
Valgen Business Solutions operated in the information technology industry, in the software development and support services segment. It worked in this industry before it was struck off.
The peers of Valgen Business Solutions by revenue are Infinypool Online Payment Solutions India Private Limited, Leal Software Solution Private Limited, Vardhan Infotech Solutions Private Limited, all in the Information Technology industry (Software Services), with the same principal business activity (publishing of computer operating systems, system software, application software, games,etc.).
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