Vega Tech Solutions Private Limited

Vega Tech Solutions Private Limited - information technology in Madurai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U72400TN2010PTC074251 Incorporated 13 January 2010 ROC Chennai HQ Madurai, Tamil Nadu, India
Active Private Limited Company information technology MSME · Small
Data last updated
Revenue · FY 2019
₹7.4 Cr
▲ 12% YoY
Net profit · FY 2019
₹5.36 Lakh
Net margin 0.7%
EBITDA · FY 2019
₹21.72 Lakh
EBITDA margin 2.9%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹3 Lakh
Issued & subscribed
Satisfied charges
₹60 Lakh
No open charges
Company age
16 yrs
Est. 2010
Employees · EPFO
1
Provident fund records

About Vega Tech Solutions Private Limited

Data last updated:

Vega Tech Solutions Private Limited is a private limited company based in Madurai, Tamil Nadu, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 13 January 2010 and has been in existence for over 16 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72400TN2010PTC074251. Its GSTIN is 33AADCV1653N1Z5 (Tamil Nadu). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹3 Lakh. It is led by directors Rajappa Kaleeswaran and Kaleeswaran Shyamala.

Its last annual general meeting (AGM) was held on 27 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Plot No:1 Near Park Gandhiji Street Velmurugan Nagar, Madurai, Tamil Nadu, India – 625010.

As per the financials filed for FY 2019, the company reported a revenue of ₹7.4 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹5.36 Lakh (net margin 0.7%) and EBITDA of ₹21.72 Lakh (EBITDA margin 2.9%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 6% 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 ₹60 Lakh on record. Court records list 7 cases involving the company, including 7 filed against it; 2 cases are pending.

Vega Tech Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-12-0012104). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vegatech.co.in.

Company details

CIN U72400TN2010PTC074251
Registration Number 074251
Incorporation Date 13 January 2010
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 27 September 2019
Date of Balance Sheet 31 March 2019
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-12-0012104
Key People
Rajappa Kaleeswaran Director Kaleeswaran Shyamala Additional Director

Recognitions & Rankings of Vega Tech Solutions

MSME (Udyam registered) Ministry of MSME
Category
Small (2020-21)
Udyam number
UDYAM-TN-12-0012104

Contact details

Vega Tech Solutions Private Limited's registered office is in Madurai, Tamil Nadu. Its website is vegatech.co.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    vegatech.co.in
  • Registered Address
    Plot No:1 Near Park Gandhiji Street Velmurugan Nagar, Madurai, Tamil Nadu, India – 625010
  • Industry
    Information Technology, IT Consulting & Support Services, IT Products Retail & Distribution

To see the full contact details of Vega Tech Solutions Private Limited, buy the company report.

Comprehensive company report
Vega Tech Solutions 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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Business activity

The main business activities of Vega Tech Solutions are trade and information and communication. In detail, this covers retail trading and computer programming, consultancy and related activities. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG2Retail Trading
JInformation and communicationJ6Computer programming, consultancy and related activities

To see the full business activity and turnover split of Vega Tech Solutions Private Limited, buy the company report.

Financials of Vega Tech Solutions Private Limited

FY 2019 filings available

Vega Tech Solutions Private Limited reported revenue of ₹7.4 Cr (up 12% YoY) for FY 2019.

Revenue · FY 2019
₹7.4 Cr ▲ 12%
Net profit · FY 2019
₹5.36 Lakh margin 0.7%
EBITDA · FY 2019
₹21.72 Lakh margin 2.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 12%
3 years · compounded
▲ 8%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▼ 4%
3 years · compounded
▲ 23%
5 years · compounded
▲ 25%

Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 12% growth in the latest year. EBITDA fell 4% 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 2018-19FY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations₹7.4 Cr
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹21.72 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹5.36 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 2018-19FY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin2.9%
Net Profit Margin0.7%
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 Vega Tech Solutions Private Limited, buy the company report.

Board of directors of Vega Tech Solutions Private Limited

Vega Tech Solutions has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Rajappa Kaleeswaran
Also directs: Amogaa Products Private Limited
Director13 Jan 201016 Years 9 MonthsCurrent
Kaleeswaran ShyamalaAdditional Director21 Mar 20224 Years 7 MonthsCurrent
View all directors

Auditor

Vega Tech Solutions Private Limited is audited by CHINNIAH VENKATRAMAN & CO for the financial year 2019.

Auditor firmFinancial yearFirm registration number
CHINNIAH VENKATRAMAN & COFY 2019006102S

Shareholding

The shareholding of Vega Tech 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 categoryFY 2019FY 2016FY 2015
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Vega Tech Solutions Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹60 Lakh
Breakdown by lending institutions
City Union Bank Limited₹0.50 Cr
Hdfc Bank Limited₹0.10 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
09 May 2019100265740City Union Bank Limited₹50 LakhSatisfied
14 Feb 201310406325Hdfc Bank Limited₹10 LakhSatisfied

To see the full charge records of Vega Tech Solutions Private Limited, buy the company report.

Total charge records: 2 View all charges

MSME payment delays

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

Employees & EPFO

Vega Tech Solutions Private Limited has a workforce of 1 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.

Employee count
1
Active EPFO establishments
1
Employee growth
-87.5%

GST

Vega Tech Solutions has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
33AADCV1653N1Z5Tamil NaduActive01 Jul 2017
32AADCV1653N1Z7KeralaActive25 Aug 2017

To see the full GST registrations and return filing status of Vega Tech Solutions Private Limited, buy the company report.

Recent activity

Vega Tech Solutions Private Limited has 12 board changes on record since 2010: 7 appointments and 5 cessations. The latest: Aditi Tulin Vajani ceased to be Director on 10 Dec 2023.

Ceased
Aditi Tulin Vajani ceased to be Director.
Appointed
Aditi Tulin Vajani was appointed as Director.
Appointed
Kaleeswaran Shyamala was appointed as Additional Director.
Ceased
Jacob Stephenpaulraj Dominique ceased to be Director.
Ceased
Thandapani Seenivasan ceased to be Director.
Ceased
Jegan Mohan Tamilarasan ceased to be Director.
Charges
A charge registered on 09 May 2019 via Charge ID 100265740 with City Union Bank Limited was fully satisfied on 23 Mar 2020.
Charges
A charge registered on 14 Feb 2013 via Charge ID 10406325 with Hdfc Bank Limited was fully satisfied on 02 Mar 2020.
AGM
Vega Tech Solutions Private Limited last Annual general meeting of members was held on 27 Sep 2019 as per latest MCA records.
Ceased
Subramanian Ramesh ceased to be Director.
Charges
A charge with City Union Bank Limited amounted to Rs. 50.00 Lakh with Charge ID 100265740 was registered on 09 May 2019.
Filing
Vega Tech Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Chennai.

7 earlier events are in the company report.

Frequently asked questions

Vega Tech Solutions is an active private limited company based in Madurai, Tamil Nadu, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 13 January 2010 (16+ years old) and is registered under CIN U72400TN2010PTC074251.

Vega Tech Solutions has 2 current directors:

The latest financial statements of Vega Tech Solutions on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 27 September 2019. Year-wise statements from 2015 are in the company report.

The GSTIN of Vega Tech Solutions is 33AADCV1653N1Z5, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 32AADCV1653N1Z7 (Kerala).

The CIN (Corporate Identification Number) of Vega Tech Solutions is U72400TN2010PTC074251. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Vega Tech Solutions has 7 court cases on record: 7 filed against it. 2 are pending.

Vega Tech Solutions was incorporated on 13 January 2010, making it 16+ years old. It is registered with the Registrar of Companies, Chennai.

Aditi Tulin Vajani ceased to be Director on 10 Dec 2023. Aditi Tulin Vajani was appointed as Director on 15 Sep 2023. Kaleeswaran Shyamala was appointed as Additional Director on 21 Mar 2022. Vega Tech Solutions has 12 board changes on record in total.

Yes, Vega Tech Solutions is registered as a small enterprise under Udyam registration (number: UDYAM-TN-12-0012104).

Vega Tech Solutions can be reached through the website vegatech.co.in. Its registered office is in Madurai, Tamil Nadu, India.