About Veb Solutions Global Private Limited
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Veb Solutions Global Private Limited is a private limited company based in Hyderabad, Telangana, India, a subsidiary of Veb Solutions Inc. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 30 July 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2014PTC095079. Its GSTIN is 36AAECV8558P2ZB (Telangana). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹62.29 Lakh. It was formerly known as Virtual Enabled Business Cloud Solutions Private Limited. It is led by directors Pankaj Panchariya and Jose Matias Santos Jr.
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 Hyderabad, Telangana.
As per the financials filed for FY 2020, the company reported a revenue of ₹6.47 Cr, a growth of 99% compared to the previous year. For the same year it recorded a net profit of ₹38.67 Lakh (net margin 6%) and EBITDA of ₹52.68 Lakh (EBITDA margin 8.1%). Revenue has grown at a compounded annual rate (CAGR) of 38% over three years and 75% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹51 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vebsolutions.com.
Company details
Contact details
Veb Solutions Global Private Limited's registered office is in Hyderabad, Telangana. Its website is vebsolutions.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressManjeera Trinity Corporate Plot No S2 Survey No.1050 Unit No. 810 & 811 Jntu R, Oad, Hyderabad, Telangana, India – 500072
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Veb Solutions Global 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
Business activity
The main business activity of Veb Solutions Global 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. |
To see the full business activity and turnover split of Veb Solutions Global Private Limited, buy the company report.
Financials of Veb Solutions Global Private Limited
FY 2020 filings availableVeb Solutions Global Private Limited reported revenue of ₹6.47 Cr (up 99% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 75% over five years, including 99% growth 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 |
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| Total Revenue | ₹6.47 Cr | ||||
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| EBITDA | ₹52.68 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹38.67 Lakh | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| Profitability | |||||
| EBITDA Margin | 8.1% | ||||
| Net Profit Margin | 6% | ||||
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To see the full financial statements and ratios of Veb Solutions Global Private Limited, buy the company report.
Board of directors of Veb Solutions Global Private Limited
Veb Solutions Global has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pankaj Panchariya Also directs: Dalhyd Technology Private Limited | Director | 30 Jul 2014 | 12 Years 3 Months | Current |
| Jose Matias Santos Jr | Director | 30 Jul 2014 | 12 Years 3 Months | Current |
Auditor
Veb Solutions Global Private Limited is audited by A V RATNAM & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A V RATNAM & CO | FY 2017 | 003028S |
Shareholding
The shareholding of Veb Solutions Global Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Veb Solutions Global Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Sep 2017 | 100144379 | State Bank of India | ₹51 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Veb Solutions Global Private Limited has 1 court case on record: 1 filed by Veb Solutions Global. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Hyderabad | Company petition | Filed by the company against an individual | Disposed |
To see the full case history of Veb Solutions Global Private 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 Veb Solutions Global Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Veb Solutions Global Private Limited has a workforce of 2 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Veb Solutions Global has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAECV8558P2ZB | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Veb Solutions Global Private Limited, buy the company report.
Recent activity
Veb Solutions Global Private Limited has 2 board changes on record since 2014: 2 appointments. The latest: Jose Matias Santos Jr was appointed as Director on 30 Jul 2014.
Frequently asked questions
Veb Solutions Global is an active private limited company based in Hyderabad, Telangana, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 30 July 2014 (12+ years old) and is registered under CIN U72200TG2014PTC095079.
Veb Solutions Global has 2 current directors:
- Pankaj Panchariya - Director
- Jose Matias Santos Jr - Director
The latest financial statements of Veb Solutions Global 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 GSTIN of Veb Solutions Global is 36AAECV8558P2ZB, registered in Telangana. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Veb Solutions Global is U72200TG2014PTC095079. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Veb Solutions Global has 1 court case on record: 1 filed by the company.
Veb Solutions Global was incorporated on 30 July 2014, making it 12+ years old. It is registered with the Registrar of Companies, Hyderabad.
Jose Matias Santos Jr was appointed as Director on 30 Jul 2014. Pankaj Panchariya was appointed as Director on 30 Jul 2014.
Veb Solutions Global can be reached through the website vebsolutions.com. Its registered office is in Hyderabad, Telangana, India.
The registered office of Veb Solutions Global is at Manjeera Trinity Corporate Plot No S2 Survey No.1050 Unit No. 810 & 811 Jntu R, Oad, Hyderabad, Telangana, India – 500072.
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