About Vernost Tech Ventures Private Limited
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Vernost Tech Ventures Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 30 October 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2012PTC237314. Its GSTIN is 27AAECV2683H1Z2 (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹4.43 Cr. It is led by directors including Khalid Reza Abdus Salam (Whole-Time Director) and Pankaj Santoshkumar Tripathi.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹409.08 Cr, a decline of 35% compared to the previous year. For the same year it recorded a net profit of ₹33.87 Cr (net margin 8.3%) and EBITDA of ₹46.81 Cr (EBITDA margin 11.4%). Revenue has grown at a compounded annual rate (CAGR) of 95% over three years and 59% over five years.
The company has about 159 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Vernost and ClubClass. As per MCA filings, the company has open charges of ₹75 Cr and satisfied charges of ₹4.2 Cr 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 vernost.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressUnit No. 201 – 3 2nd Floor Pankaj Building Behind Chandivali Ice Factory Chandivali Andh, Eri East, Mumbai, Maharashtra, India – 400072
- IndustryBusiness Outsourcing, Business & IT Consulting
- 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
- One PDF report, delivered after checkout
Associated Brands with Vernost Tech Ventures Private Limited
Vernost Tech Ventures operates two associated brands: Vernost and ClubClass. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides B2B technology for loyalty programs, travel platforms, and payment systems globally. | vernost.com | |
| Loyalty, travel, and payment solutions are offered by Vernost for customer engagement and management. | clubclass.io |
Competitors & Alternatives of Vernost Tech Ventures Private Limited
Brands and companies operating in the same space as Vernost Tech Ventures Private Limited include Stripe, Razorpay, PayU and 5 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Stripe | Payment processing and card issuance solutions are provided for businesses. | San Francisco, United States | 2009 |
 Razorpay | Payment and business banking solutions are provided for enterprises. | Bengaluru, India | 2014 |
 PayU | Online payment processing and credit solutions are provided for businesses. | Amsterdam, Netherlands | 2002 |
 Flutterwave | Provider of payment processing solutions for businesses | San Francisco, United States | 2016 |
 Capillary Technologies | AI-powered loyalty management software is offered for enterprises. | Bengaluru, India | 2008 |
 Mintoak | Digital payments and engagement solutions are offered for MSMEs. | Mumbai, India | 2017 |
 Pine Labs | Omnichannel payment solutions, loyalty programs, and business tools are provided. | Noida, India | 1998 |
 ACI Worldwide | Digital payments are processed and managed via specialized solutions. | Omaha, United States | 1975 |
Business Activity of Vernost Tech Ventures Private Limited
The main business activity of Vernost Tech Ventures is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service 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.
Auditor Details of Vernost Tech Ventures Private Limited
Vernost Tech Ventures Private Limited is audited by Raju C Joshi & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Raju C Joshi & 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 Vernost Tech Ventures Private Limited
Vernost Tech Ventures has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pankaj Santoshkumar Tripathi Also directs: Vernost Marketing Technology Solutions Private Limited | Director | 01 Apr 2023 | 3 Years 6 Months | Current |
| Vikas Mankhand | Director | 19 Apr 2013 | 13 Years 5 Months | Current |
| Darshana Shantaram Jagtap | Director | 30 Oct 2012 | 13 Years 11 Months | Current |
| Khalid Reza Abdus Salam | Whole-Time Director | 17 Jun 2025 | 1 Years 3 Months | Current |
Financials of Vernost Tech Ventures Private Limited FY 2025 filings available
Vernost Tech Ventures Private Limited reported revenue of ₹409.08 Cr (down 35% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Vernost Tech Ventures Private Limited
Revenue fell 35% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 59%. EBITDA fell 35% 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 Vernost Tech Ventures Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹46.81 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹33.87 Cr | •••• | •••• | •••• | •••• |
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Financial Ratios of Vernost Tech Ventures Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 8.3% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
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| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
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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 Vernost Tech Ventures are in the company report.
Financial statements from 2015
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.
Ownership and Shareholding of Vernost Tech Ventures 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 Vernost Tech Ventures Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Oct 2023 | Others | ₹75 Cr | Open |
| 18 Nov 2024 | Axis Bank Limited | ₹3.1 Cr | Satisfied |
| 27 Dec 2018 | Axis Bank Limited | ₹1.1 Cr | Satisfied |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Vernost Tech Ventures Private Limited
Vernost Tech Ventures Private Limited has a workforce of 159 employees as of Mar 21, 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.
GST Compliance of Vernost Tech Ventures Private Limited
Vernost Tech Ventures has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECV2683H1Z2 | Maharashtra | Active | 01 Jul 2017 |
| 27AAFCV9970J1ZK | Maharashtra | Active | 10 Jan 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.
Credit Ratings, Litigation & Regulatory Alerts for Vernost Tech Ventures 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 Vernost Tech Ventures 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 Vernost Tech Ventures 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.
MCA Filings & Documents of Vernost Tech Ventures 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.
Recent Activity on Vernost Tech Ventures Private Limited
Frequently Asked Questions about Vernost Tech Ventures Private Limited
Vernost Tech Ventures is an active private limited company based in Mumbai, Maharashtra, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 30 October 2012 (14+ years old) and is registered under CIN U74120MH2012PTC237314.
Vernost Tech Ventures reported revenue of ₹409.08 Cr for FY 2025 (down 35% YoY).
Vernost Tech Ventures has 4 current directors:
- Khalid Reza Abdus Salam - Whole-Time Director
- Pankaj Santoshkumar Tripathi - Director
- Vikas Mankhand - Director
- Darshana Shantaram Jagtap - Director
Vernost Tech Ventures reported a net profit of ₹33.87 Cr (net margin 8.3%) and EBITDA of ₹46.81 Cr (EBITDA margin 11.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Vernost Tech Ventures is 95% over three years and 59% over five years. In the latest year (FY 2025) revenue fell 35%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Vernost Tech Ventures is 27AAECV2683H1Z2, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AAFCV9970J1ZK (Maharashtra).
The CIN (Corporate Identification Number) of Vernost Tech Ventures is U74120MH2012PTC237314. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vernost Tech Ventures was incorporated on 30 October 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
Yes, Vernost Tech Ventures is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).