About Vecrear Technologies Private Limited
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Vecrear Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 17 May 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2018PTC113214. Its GSTIN is 29AAGCV4302B1ZO (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Veena Samartha and Ganesh Kuttiam Jagadeesan.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹97.69 Lakh, a decline of 70% compared to the previous year. For the same year it recorded a net loss of ₹56.07 Lakh (net margin -57.4%) and EBITDA of -₹43.21 Lakh (EBITDA margin -44.2%). Revenue has declined at a compounded annual rate (CAGR) of 48% over three years and 21% over five years.
The company has about 11 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: VeCrear Technologies. As per MCA filings, the company has open charges of ₹26.08 Lakh and satisfied charges of ₹50.4 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vecrear.com.
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- TelephoneLocked
- Website
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- Registered AddressNo. 7 1st Floor 1st Main 1st Cross, Dollar Layout 4th Phase, Bangalore, Karnataka, India – 560078
- IndustryInformation Technology, IT Consulting & Support Services
- 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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Business Activity of Vecrear Technologies Private Limited
The main business activity of Vecrear Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Vecrear Technologies Private Limited FY 2025 filings available
Vecrear Technologies Private Limited reported revenue of ₹97.69 Lakh (down 70% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Vecrear Technologies Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 21% over five years, including a 70% fall in the latest year. EBITDA fell 195% 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 of Vecrear Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹43.21 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹56.07 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 | •••• | •••• | •••• | •••• | •••• |
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| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Vecrear Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -44.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -57.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Vecrear Technologies are in the company report.
Financial statements from FY 2019
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Vecrear Technologies Private Limited
Vecrear Technologies Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Consulting and Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rootcause Technology Private Limited | ₹97.99 Lakh (FY 2025) | •••• | •••• | -20.0% | •••• | Ahmedabad, Gujarat, India |
| Rakhra Technologies Private Limited | ₹97.89 Lakh (FY 2024) | •••• | •••• | 1.0% | •••• | Patiala, Punjab, India |
| Dhanvantri Digitech Private Limited | ₹97.8 Lakh (FY 2025) | •••• | •••• | -22.0% | •••• | New Delhi, Delhi, India |
| World Alumni Network Private Limited | ₹97.79 Lakh (FY 2021) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Outdu Mediatech Private Limited | ₹97.78 Lakh (FY 2024) | •••• | •••• | -48.0% | •••• | Bangalore, Karnataka, India |
| Vecrear Technologies Private Limited this company | ₹97.69 Lakh (FY 2024) | •••• | •••• | -70.0% | •••• | Bangalore, Karnataka, India |
| Leading Edge Technology & Consultants Pvt. Ltd. | ₹97.67 Lakh (FY 2024) | •••• | •••• | 764.0% | •••• | Kolkata, West Bengal, India |
| Smileyserve India Private Limited | ₹97.63 Lakh (FY 2021) | •••• | •••• | 5.0% | •••• | Guntur, Andhra Pradesh, India |
| Focuz Innovations Private Limited | ₹97.53 Lakh (FY 2025) | •••• | •••• | -9.0% | •••• | Edappally, Kerala, India |
| Solarius Solutions Private Limited | ₹97.53 Lakh (FY 2025) | •••• | •••• | -23.0% | •••• | New Delhi, Delhi, India |
| Texperts Technologies Private Limited | ₹97.31 Lakh (FY 2025) | •••• | •••• | 314.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Vecrear Technologies by revenue in the Information Technology industry (IT Consulting and Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Vecrear Technologies Private Limited
Vecrear Technologies Private Limited is audited by K RAVINDRANATH & ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K RAVINDRANATH & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Vecrear Technologies Private Limited
Vecrear Technologies has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Veena Samartha Also directs: Aseema Softnet Technologies Private Limited | Director | 25 Jan 2019 | 7 Years 8 Months | Current |
| Ganesh Kuttiam Jagadeesan | Director | 25 Jan 2019 | 7 Years 8 Months | Current |
Ownership and Shareholding of Vecrear Technologies Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Vecrear Technologies Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Jan 2022 | Hdfc Bank Limited | ₹26.08 Lakh | Open |
| 28 May 2021 | Others | ₹30 Lakh | Satisfied |
| 03 Jun 2019 | Axis Bank Limited | ₹20.4 Lakh | Satisfied |
Total charge records: 3 View all charges
Associated Brands with Vecrear Technologies Private Limited
Vecrear Technologies operates one associated brand: VeCrear Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers IoT consulting, design, and development services for various industries. | vecrear.com |
Employees and EPFO Compliance at Vecrear Technologies Private Limited
Vecrear Technologies Private Limited has a workforce of 11 employees as of Mar 28, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Vecrear Technologies Private Limited
Vecrear Technologies Private Limited has 7 board changes on record since 2018: 2 appointments and 5 cessations. The latest: Ganesh Kuttiam Jagadeesan ceased to be Director on 29 Dec 2019.
3 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Vecrear Technologies Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Vecrear Technologies Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Vecrear Technologies Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Vecrear Technologies Private Limited
Vecrear Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCV4302B1ZO | Karnataka | Active | 03 Jul 2018 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Vecrear Technologies Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Vecrear Technologies Private Limited
Vecrear Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 17 May 2018 (8+ years old) and is registered under CIN U72900KA2018PTC113214.
Vecrear Technologies reported revenue of ₹97.69 Lakh for FY 2024 (down 70% YoY).
Vecrear Technologies has 2 current directors:
- Veena Samartha - Director
- Ganesh Kuttiam Jagadeesan - Director
Vecrear Technologies reported a net loss of ₹56.07 Lakh (net margin -57.4%) and EBITDA of -₹43.21 Lakh (EBITDA margin -44.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Vecrear Technologies is -48% over three years and -21% over five years. In the latest year (FY 2024) revenue fell 70%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Vecrear Technologies is 29AAGCV4302B1ZO, registered in Karnataka.
The CIN (Corporate Identification Number) of Vecrear Technologies is U72900KA2018PTC113214. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vecrear Technologies was incorporated on 17 May 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Vecrear Technologies by revenue are Rootcause Technology Private Limited, Rakhra Technologies Private Limited, Dhanvantri Digitech Private Limited, World Alumni Network Private Limited, Outdu Mediatech Private Limited and 5 more, all in the Information Technology industry (IT Consulting and Services).
Ganesh Kuttiam Jagadeesan ceased to be Director on 29 Dec 2019. Veena Samartha ceased to be Director on 29 Dec 2019. Deepika Bhargava ceased to be Additional Director on 05 Feb 2019. Vecrear Technologies has 7 board changes on record in total.
Vecrear Technologies can be reached through the website vecrear.com. Its registered office is in Bangalore, Karnataka, India.