About Verismo Networks Private Limited
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Verismo Networks Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Verismo Networks Inc. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 06 January 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2005PTC035397. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.01 Lakh. It is led by directors Satish Manjunatharao Mugulavalli and Ramesh Gopalkrishna.
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 No. 410 12th Main Sbm Colony Bsk I Stage, Bangalore, Karnataka, India – 560050.
The company is associated with 1 brand: Verismo Networks. The company has 1 deal on record (1 secondary share transfer); the latest was in September 2006.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website verismonetworks.com.
Company details
CIN history
Verismo Networks has one previous CIN (Corporate Identification Number): U72900KA2005FTC035397. The current CIN is U72900KA2005PTC035397, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72900KA2005PTC035397 | Current |
| U72900KA2005FTC035397 | Previous |
Contact details
Verismo Networks Private Limited's registered office is in Bangalore, Karnataka. Its website is verismonetworks.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo. 410 12th Main Sbm Colony Bsk I Stage, Bangalore, Karnataka, India – 560050
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Verismo Networks 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
Brands
Verismo Networks operates one associated brand: Verismo Networks. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides broadband TV solutions for enhanced connectivity. | verismonetworks.com |
Business activity
The main business activity of Verismo Networks 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. |
Financials of Verismo Networks Private Limited
FY 2024 filings availableVerismo Networks Private Limited reported revenue of ₹3,000 (down 93% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 40% over five years, including a 93% fall 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
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Financial Ratios
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To see the full financial statements and ratios of Verismo Networks Private Limited, buy the company report.
Board of directors of Verismo Networks Private Limited
Verismo Networks 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 |
|---|---|---|---|---|
| Satish Manjunatharao Mugulavalli Also directs: Hissa Investment Managers LLP, Rulezero Business Services LLP, Hissa Business Managers LLP and 2 more | Director | 21 Mar 2008 | 18 Years 7 Months | Current |
| Ramesh Gopalkrishna Also directs: Rayasandra Project LLP | Director | 27 Aug 2013 | 13 Years 2 Months | Current |
Auditor
Verismo Networks Private Limited is audited by CHANDRAN & RAMAN for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHANDRAN & RAMAN | FY 2020 | 000571S |
Shareholding
The shareholding of Verismo Networks Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Verismo Networks Private Limited, buy the company report.
Deals & funding
Verismo Networks Private Limited has 1 deal on record (1 secondary share transfer); the latest was in September 2006.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2006 | Secondary share transfer | Undisclosed | Buyer: Verismo Network Inc Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Verismo Networks 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 Verismo Networks Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Verismo Networks Private Limited has 1 active EPFO establishment as of Apr 05, 2024.
GST
Verismo Networks has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Verismo Networks Private Limited, buy the company report.
Recent activity
Verismo Networks Private Limited has 9 board changes on record since 2007: 2 appointments and 7 cessations. The latest: Prakash Bhalerao ceased to be Director on 18 Nov 2019.
Frequently asked questions
Verismo Networks is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 06 January 2005 (21+ years old) and is registered under CIN U72900KA2005PTC035397.
Verismo Networks has 2 current directors:
- Satish Manjunatharao Mugulavalli - Director
- Ramesh Gopalkrishna - Director
The latest financial statements of Verismo Networks 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.
No. Verismo Networks has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Verismo Networks is U72900KA2005PTC035397. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Verismo Networks was incorporated on 06 January 2005, making it 21+ years old. It is registered with the Registrar of Companies, Bangalore.
Verismo Networks has 1 deal on record (1 secondary share transfer); the latest was in September 2006.
Prakash Bhalerao ceased to be Director on 18 Nov 2019. Ramesh Gopalkrishna ceased to be Additional Director on 30 Sep 2013. Srinivas Katta ceased to be Director on 28 Aug 2013. Verismo Networks has 9 board changes on record in total.
Verismo Networks can be reached through the website verismonetworks.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Verismo Networks is at No. 410 12th Main Sbm Colony Bsk I Stage, Bangalore, Karnataka, India – 560050.
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