MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-03-0013010
Versa Drives Private Limited - consumer electronics & durables in Coimbatore, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹58.65 Cr
▲ 5% YoY
Net profit · FY 2025
₹83.25 Lakh
Net margin 1.4%
EBITDA · FY 2025
₹4.68 Cr
EBITDA margin 8%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹2.95 Cr
Issued & subscribed
Open charges
₹13.23 Cr
Satisfied ₹10.77 Cr
Company age
16 yrs
Est. 2010
Employees · EPFO
148
Provident fund records
About Versa Drives Private Limited
Data last updated:
Versa Drives Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 18 March 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U31200TZ2010PTC015906. Its GSTIN is 33AADCV2259E1ZK (Tamil Nadu). The company holds 5 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.95 Cr. It is led by directors including Sundararajan Muruganandhan (Managing Director) and Krishnamurthy Durgasharan.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No.38 – B Vadakku Thottam Part Idikarai, Coimbatore, Tamil Nadu, India – 641022.
As per the financials filed for FY 2025, the company reported a revenue of ₹58.65 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹83.25 Lakh (net margin 1.4%) and EBITDA of ₹4.68 Cr (EBITDA margin 8%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 10% over five years.
The company has about 148 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Superfan and Versa Drives. As per MCA filings, the company has open charges of ₹13.23 Cr and satisfied charges of ₹10.77 Cr on record. The company has 2 deals on record (2 funding rounds), with disclosed funding of ₹5.36 Cr; the latest was in March 2019. The company has 2 MSME Form 1 returns on record, listing 43 overdue payments to 33 micro and small suppliers.
Versa Drives Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-03-0013010). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website versadrives.com.
Company details
CIN U31200TZ2010PTC015906
Registration Number 015906
Incorporation Date 18 March 2010
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Date of Last AGM 25 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-03-0013010
Key People
Sundararajan Muruganandhan Managing Director Krishnamurthy Durgasharan Director Maheswari Krishnasamy Director Recognitions & Rankings of Versa Drives
Contact details
Versa Drives Private Limited's registered office is in Coimbatore, Tamil Nadu. Its website is versadrives.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.38 – B Vadakku Thottam Part Idikarai, Coimbatore, Tamil Nadu, India – 641022
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Versa Drives Private Limited, buy the company report.
Comprehensive company report
Versa Drives 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Versa Drives operates two associated brands: Superfan and Versa Drives. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of smart fans | superfan.in | |
| Custom motor control products and appliances are manufactured. | versadrives.com |
Business activity
The main business activity of Versa Drives is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Versa Drives Private Limited, buy the company report.
Financials of Versa Drives Private Limited
FY 2025 filings availableVersa Drives Private Limited reported revenue of ₹58.65 Cr (up 5% YoY) for FY 2025.
Revenue · FY 2025
₹58.65 Cr ▲ 5%
Net profit · FY 2025
₹83.25 Lakh margin 1.4%
EBITDA · FY 2025
₹4.68 Cr margin 8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 5%
3 years · compounded
▲ 15%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▲ 13%
3 years · compounded
▲ 9%
5 years · compounded
▲ 8%
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 5% growth in the latest year. EBITDA rose 13% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹58.65 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹4.68 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹83.25 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8% | ||||
| Net Profit Margin | 1.4% | ||||
| 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 Versa Drives Private Limited, buy the company report.
Board of directors of Versa Drives Private Limited
Versa Drives has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Krishnamurthy Durgasharan Also directs: Visai Appliances Private Limited | Director | 18 Mar 2010 | 16 Years 7 Months | Current |
| Sundararajan Muruganandhan Also directs: Visai Appliances Private Limited, Anandhavanam Realtors LLP | Managing Director | 18 Mar 2010 | 16 Years 7 Months | Current |
| Maheswari Krishnasamy | Director | 01 Jun 2023 | 3 Years 4 Months | Current |
Auditor
Versa Drives Private Limited is audited by K.TAMILSELVAN for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K.TAMILSELVAN | FY 2023 | 205079 |
Shareholding
The shareholding of Versa Drives 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 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Versa Drives Private Limited, buy the company report.
Charges & borrowings
Open charges
₹13.23 Cr
Satisfied charges
₹10.77 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Nov 2013 | 10466235 | Indian Bank | ₹13.23 Cr | Open | |
| 31 Dec 2022 | 100689527 | Indian Bank | ₹22.8 Lakh | Satisfied | |
| 03 Jan 2022 | 100553842 | Indian Bank | ₹53.58 Lakh | Satisfied | |
| 13 May 2020 | 100345721 | Indian Bank | ₹46 Lakh | Satisfied | |
| 22 Jul 2019 | 100285679 | Others | ₹1.13 Cr | Satisfied |
To see the full charge records of Versa Drives Private Limited, buy the company report.
Total charge records: 12 View all charges
Deals & funding
Versa Drives Private Limited has 2 deals on record (2 funding rounds), with disclosed funding of ₹5.36 Cr; the latest was in March 2019.
Total deals
2
Funding rounds
2
Disclosed funding
₹5.36 Cr
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Funding round | ₹5 Cr | Investors: Murata Manufacturing Company Limited |
| Jan 2012 | Funding round | ₹36.1 Lakh | Investors: 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 Versa Drives Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Versa Drives Private Limited was last rated by Icra on 16 Sep 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 16 Sep 2021 |
To see the full credit ratings and regulatory alerts of Versa Drives Private Limited, buy the company report.
MSME payment delays
Versa Drives Private Limited has 2 MSME Form 1 returns on record, listing 43 overdue payments to 33 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 33)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Anand Electronics & Industries Private Limited | |||
| Procon Controls | |||
| an individual supplier | |||
| K.R.Avionics Private Limited | |||
| Hicotronics Devices Private Limited |
To see the full MSME payment records of Versa Drives Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Versa Drives Private Limited has a workforce of 148 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
148
Active EPFO establishments
1
Employee growth
23.33%
GST
Versa Drives has 5 GST registrations: 1 active and 4 cancelled or inactive.
Total GSTINs
5
Active
1
Cancelled / inactive
4
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AADCV2259E1ZK | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Versa Drives Private Limited, buy the company report.
Recent activity
Versa Drives Private Limited has 5 board changes on record since 2010: 3 appointments and 2 cessations. The latest: . Maheswari Krishnasamy ceased to be Additional Director on 19 Sep 2023.
Charges
A charge registered on 22 Jul 2019 via Charge ID 100285679 with Others was fully satisfied on 06 Apr 2026.
Charges
A charge with Indian Bank of Rs. 13.23 Cr registered on 20 Nov 2013 with Charge ID 10466235 was modified on 06 Apr 2026.
Charges
A charge registered on 31 Dec 2022 via Charge ID 100689527 with Indian Bank was fully satisfied on 20 Jan 2026.
Charges
A charge registered on 03 Jan 2022 via Charge ID 100553842 with Indian Bank was fully satisfied on 30 Sep 2025.
Charges
A charge registered on 13 May 2020 via Charge ID 100345721 with Indian Bank was fully satisfied on 30 Sep 2025.
AGM
Versa Drives Private Limited last Annual general meeting of members was held on 25 Sep 2025 as per latest MCA records.
Filing
Versa Drives Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Coimbatore.
Charges
A charge registered on 15 Oct 2016 via Charge ID 100070724 with Others was fully satisfied on 24 Jan 2024.
Charges
A charge registered on 15 Oct 2016 via Charge ID 100070729 with Others was fully satisfied on 24 Jan 2024.
Charges
A charge registered on 30 Nov 2015 via Charge ID 10614725 with Indian Bank was fully satisfied on 24 Jan 2024.
Ceased
. Maheswari Krishnasamy ceased to be Additional Director.
Appointed
Maheswari Krishnasamy was appointed as Director.
28 earlier events are in the company report.
Frequently asked questions
Versa Drives is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 18 March 2010 (16+ years old) and is registered under CIN U31200TZ2010PTC015906.
Versa Drives has 3 current directors:
- Sundararajan Muruganandhan - Managing Director
- Krishnamurthy Durgasharan - Director
- Maheswari Krishnasamy - Director
The latest financial statements of Versa Drives on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Versa Drives is 33AADCV2259E1ZK, registered in Tamil Nadu. The company has 5 GST registrations in all, of which 1 is active and 4 are cancelled or inactive.
The CIN (Corporate Identification Number) of Versa Drives is U31200TZ2010PTC015906. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Versa Drives was incorporated on 18 March 2010, making it 16+ years old. It is registered with the Registrar of Companies, Coimbatore.
Versa Drives has 2 deals on record (2 funding rounds), with disclosed funding of ₹5.36 Cr; the latest was in March 2019.
. Maheswari Krishnasamy ceased to be Additional Director on 19 Sep 2023. Maheswari Krishnasamy was appointed as Director on 01 Jun 2023. Sundararajan Muruganandhan ceased to be Director on 05 May 2011. Versa Drives has 5 board changes on record in total.
Yes, Versa Drives is registered as a small enterprise under Udyam registration (number: UDYAM-TN-03-0013010).
Versa Drives has 2 MSME Form 1 returns on record, listing 43 overdue payments to 33 micro and small suppliers. The latest return was filed on 09 Jun 2019.
Versa Drives can be reached through the website versadrives.com. Its registered office is in Coimbatore, Tamil Nadu, India.