About Vermis Technology Labs Private Limited
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Vermis Technology Labs 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 14 February 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2012PTC062542. Its GSTIN is 29AADCV9407A1ZD (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Shyam Bahadur Singh and Praveen Chandra.
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 Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.59 Cr, a decline of 69% compared to the previous year. For the same year it recorded a net loss of ₹4.1 Lakh (net margin -2.6%) and EBITDA of ₹51.18 Lakh (EBITDA margin 32.2%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 77% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vermislabs.com.
Company details
Contact details
Vermis Technology Labs Private Limited's registered office is in Bangalore, Karnataka. Its website is vermislabs.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address9H No.14 Evoma Bhattrahalli, Old Madras Road Kr Puram, Bangalore, Karnataka, India – 560049
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Vermis Technology 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 Vermis Technology Labs is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | 62 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Vermis Technology Labs Private Limited, buy the company report.
Financials of Vermis Technology Labs Private Limited
FY 2024 filings availableVermis Technology Labs Private Limited reported revenue of ₹1.59 Cr (down 69% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 69% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 77%. EBITDA fell 72% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹51.18 Lakh | ||||
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| Net Profit (PAT) | -₹4.1 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 32.2% | ||||
| Net Profit Margin | -2.6% | ||||
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To see the full financial statements and ratios of Vermis Technology Labs Private Limited, buy the company report.
Board of directors of Vermis Technology Labs Private Limited
Vermis Technology Labs has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shyam Bahadur Singh | Director | 14 Feb 2012 | 14 Years 8 Months | Current |
| Praveen Chandra | Director | 14 Feb 2012 | 14 Years 8 Months | Current |
Auditor
Vermis Technology Labs Private Limited is audited by Gunasheela & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Gunasheela & Associates | FY 2023 | 011931S |
Shareholding
The shareholding of Vermis Technology Labs Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
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| Domestic institutional investors (DII) | |||||
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| Others |
To see the full shareholding pattern of Vermis Technology Labs Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Vermis Technology Labs 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 Vermis Technology Labs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vermis Technology Labs has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCV9407A1ZD | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vermis Technology Labs Private Limited, buy the company report.
Recent activity
Vermis Technology Labs Private Limited has 2 board changes on record since 2012: 2 appointments. The latest: Praveen Chandra was appointed as Director on 14 Feb 2012.
Frequently asked questions
Vermis Technology Labs 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 14 February 2012 (14+ years old) and is registered under CIN U72900KA2012PTC062542.
Vermis Technology Labs has 2 current directors:
- Shyam Bahadur Singh - Director
- Praveen Chandra - Director
The latest financial statements of Vermis Technology 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 Vermis Technology Labs is 29AADCV9407A1ZD, registered in Karnataka.
The CIN (Corporate Identification Number) of Vermis Technology Labs is U72900KA2012PTC062542. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vermis Technology Labs was incorporated on 14 February 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.
Praveen Chandra was appointed as Director on 14 Feb 2012. Shyam Bahadur Singh was appointed as Director on 14 Feb 2012.
Vermis Technology Labs can be reached through the website vermislabs.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Vermis Technology Labs is at 9H No.14 Evoma Bhattrahalli, Old Madras Road Kr Puram, Bangalore, Karnataka, India – 560049.
Vermis Technology Labs operates in the information technology industry, in the IT consulting and support services segment.
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