About Veooz Labs Private Limited
Data last updated:
Veooz Labs Private Limited is a private limited company based in Hyderabad, Telangana, India, a subsidiary of Veooz Inc. It operates in the advertising and media services segment of the media and publishing sector. It was incorporated on 21 February 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2008PTC057735. Its GSTIN is 36AALCS7553E2Z1 (Telangana). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹6.07 Cr. It was formerly known as Setu Software Systems Private Limited. It is led by directors Vasudeva Varma Kalidindi and Srinivas Koppolu.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Hyderabad, Telangana.
As per the financials filed for FY 2024, the company reported a revenue of ₹17,396, a decline of 95% compared to the previous year. For the same year it recorded a net loss of ₹11,852 (net margin -68.1%) and EBITDA of -₹11,158 (EBITDA margin -64.1%). Revenue has declined at a compounded annual rate (CAGR) of 84% over three years and 73% over five years.
The company is associated with 1 brand: Veooz. Court records list 3 cases involving the company, including 3 filed against it. The company has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹9.83 Cr; the latest was in August 2017.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website veooz.com.
Company details
CIN history
Veooz Labs has one previous CIN (Corporate Identification Number): U72200AP2008PTC057735. The current CIN is U72200TG2008PTC057735, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200TG2008PTC057735 | Current |
| U72200AP2008PTC057735 | Previous |
Contact details
Veooz Labs Private Limited's registered office is in Hyderabad, Telangana. Its website is veooz.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address101 1st Floor 1 – 98/2/7/4 Plot No.43 Jubilee Enclave Near Mahindra Satyam M, Adhapur, Hyderabad, Telangana, India – 500040
- IndustryMedia and Publishing, Advertising Agencies & Media Services
To see the full contact details of Veooz Labs 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 Veooz Labs is information and communication. In detail, this covers publishing of newspapers, books, periodicals, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J1 | Publishing of Newspapers, Books, periodicals, etc. activities |
To see the full business activity and turnover split of Veooz Labs Private Limited, buy the company report.
Financials of Veooz Labs Private Limited
FY 2024 filings availableVeooz Labs Private Limited reported revenue of ₹17,396 (down 95% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 73% over five years, including a 95% fall in the latest year. EBITDA rose 84% 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 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 | -₹11,158 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹11,852 | ||||
| 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -64.1% | ||||
| Net Profit Margin | -68.1% | ||||
| 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 Veooz Labs Private Limited, buy the company report.
Board of directors of Veooz Labs Private Limited
Veooz Labs has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vasudeva Varma Kalidindi | Director | 21 Feb 2008 | 18 Years 8 Months | Current |
| Srinivas Koppolu | Director | 16 Mar 2012 | 14 Years 7 Months | Current |
Auditor
Veooz Labs Private Limited is audited by P P K G & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P P K G & CO | FY 2021 | 009655S |
Shareholding
The shareholding of Veooz Labs Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Veooz Labs Private Limited, buy the company report.
Deals & funding
Veooz Labs Private Limited has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹9.83 Cr; the latest was in August 2017.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2017 | Funding round | ₹5.7 Cr | Investors: Veooz Inc |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: Veooz Inc Seller: CIE IIIT Hyderabad, 3 individuals |
| Mar 2012 | Funding round | ₹4 Cr | Investors: an individual |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: CIE IIIT Hyderabad |
| Dec 2009 | Funding round | ₹12.5 Lakh | Investors: CIE IIIT Hyderabad |
To see the full deal history of Veooz Labs Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Veooz Labs Private Limited has 3 court cases on record: 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 2 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by an individual | Disposed |
| Bombay High Court | Court case (S) | Filed against the company | Disposed |
| Bombay High Court | Court case (CHS) | Filed against the company | Disposed |
To see the full case history of Veooz Labs 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 Veooz Labs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Veooz Labs has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AALCS7553E2Z1 | Telangana | Active | 22 Sep 2017 |
To see the full GST registrations and return filing status of Veooz Labs Private Limited, buy the company report.
Recent activity
Veooz Labs Private Limited has 5 board changes on record since 2008: 2 appointments and 3 cessations. The latest: Vara Prasad Rao Pingali ceased to be Director on 29 Jan 2018.
Frequently asked questions
Veooz Labs is an active private limited company based in Hyderabad, Telangana, India. The company works in advertising agencies and media services, within the media and publishing industry. It was incorporated on 21 February 2008 (18+ years old) and is registered under CIN U72200TG2008PTC057735.
Veooz Labs has 2 current directors:
- Vasudeva Varma Kalidindi - Director
- Srinivas Koppolu - Director
The latest financial statements of Veooz Labs on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Veooz Labs is 36AALCS7553E2Z1, 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 Veooz Labs is U72200TG2008PTC057735. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Veooz Labs has 3 court cases on record: 3 filed against it. Most are in the high courts.
Veooz Labs was incorporated on 21 February 2008, making it 18+ years old. It is registered with the Registrar of Companies, Hyderabad.
Veooz Labs has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹9.83 Cr; the latest was in August 2017.
Vara Prasad Rao Pingali ceased to be Director on 29 Jan 2018. Kavita Vemuri ceased to be Director on 03 Oct 2012. Srinivas Koppolu was appointed as Director on 16 Mar 2012. Veooz Labs has 5 board changes on record in total.
Veooz Labs can be reached through the website veooz.com. Its registered office is in Hyderabad, Telangana, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
