Versa Drives Private Limited - Company Profile

Q: Who are the current directors of Versa Drives Private Limited?

The current directors of Versa Drives Private Limited are Durgasharan Krishnamurthy, Maheswari Krishnasamy, Sundararajan Muruganandhan.

It is a consumer electronics & durables private limited company based in Coimbatore, Tamil Nadu, India, established in 2010.

2010 Coimbatore, Tamil Nadu, India Active

Last Updated: December 29, 2025

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About Versa Drives Private Limited

Versa Drives Private Limited, a active private limited company, was established on 18 March 2010 in Coimbatore, Tamil Nadu, India. Engaging in electronics manufacturing within the manufacturing sector, it holds CIN: U31200TZ2010PTC015906. Registered under ROC Roc Coimbatore. it is unlisted. It has an authorized capital of ₹3.00 Cr and a paid-up capital of ₹2.95 Cr.

It upholds a compliant status. Employing 148 professional, Its leadership includes Durgasharan Krishnamurthy (Director), Maheswari Krishnasamy (Director), Sundararajan Muruganandhan (Managing Director). Past directors included . Maheswari Krishnasamy, Sundararajan Muruganandhan. It holds ₹15.65 Cr open charges and ₹9.41 Cr settled loans. Its latest AGM occurred on 25 September 2025, with the balance sheet filed on 31 March 2025. It is based at No.38-B, Vadakku Thottam Part Idikarai, Coimbatore, Tamil Nadu, 641022.

Company Details

CIN/LLPIN
U31200TZ2010PTC015906
Registration Number
015906
Incorporation Date
18 March 2010
Authorized Capital
₹3.00 Cr
Paid-Up Capital
₹2.95 Cr
ROC Code
Roc Coimbatore
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 3.00 Cr as on 29-12-2025
Paid Up Capital ₹ 2.95 Cr as on 29-12-2025
Company Age 15 Year, 11 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 15.65 Cr as on 29-12-2025
Satisfied Charges ₹ 9.41 Cr as on 29-12-2025
Revenue Growth **** 21.35% (FY 2023)
Profit Growth **** 131.48% (FY 2023)
Ebitda **** 29.92% (FY 2023)
Net Worth 6.21% (FY 2023)
Total Assets **** 15.23% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Versa Drives Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Versa Drives Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Durgasharan Krishnamurthy	Director	18 Mar 2010	Current
Maheswari Krishnasamy	Director	01 Jun 2023	Current
Sundararajan Muruganandhan	Managing Director	18 Mar 2010	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	19 Sep 2023	Past
Pramod Abcsdd	Director	05 May 2011	Past

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Financial Performance of Versa Drives.

Versa Drives Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 21.35% increase. The company also saw a substantial improvement in profitability, with a 131.48% increase in profit. The company's net worth moved up by a moderate rise of 6.21%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

21.35%

*******

Revenue from Operations

*******

21.52%

*******

Total Assets

*******

15.23%

*******

Profit or Loss

*******

131.48%

*******

Net Worth

*******

6.21%

*******

EBITDA

*******

29.92%

*******

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What is the Ownership and Shareholding Structure of Versa Drives?

In 2023, Versa Drives had a promoter holding of 95.57% and a public holding of 4.43%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹156,524,000.00

Satisfied Charges

₹94,140,000.00

Charges Breakdown by Lending Institutions

Indian Bank : 14.53 Cr
Others : 1.13 Cr

Latest Charge Details

Date	Lender	Amount	Status
31 Dec 2022	Indian Bank	₹2.28 M	Open
22 Jul 2019	Others	₹1.13 Cr	Open
20 Nov 2013	Indian Bank	₹14.30 Cr	Open
03 Jan 2022	Indian Bank	₹5.36 M	Satisfied
13 May 2020	Indian Bank	₹4.60 M	Satisfied

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How Many Employees Work at Versa Drives?

Versa Drives has a workforce of 148 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Versa Drives, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Versa Drives's trajectory.

Rating

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Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Versa Drives

Recent Activity within the Organization

Charges

A charge registered on 03 Jan 2022 via Charge ID 100553842 with Indian Bank was fully satisfied on 30 Sep 2025. was recorded as a recent event.
30 Sep 2025
Charges

Progress on A charge registered on 13 May 2020 via Charge ID 100345721 with Indian Bank was fully satisfied on 30 Sep 2025. was documented.
30 Sep 2025
Charges

The activity A charge with Indian Bank of Rs. 14.30 Cr registered on 20 Nov 2013 with Charge ID 10466235 was modified on 30 Sep 2025. was completed.
30 Sep 2025
Annual General Meeting

The activity Versa Drives Private Limited last Annual general meeting of members was held on 25 Sep 2025 as per latest MCA records. was completed.
25 Sep 2025
Balance Sheet

Progress on Versa Drives Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Coimbatore. was documented.
31 Mar 2025
Charges

Progress on A charge registered on 15 Oct 2016 via Charge ID 100070729 with Others was fully satisfied on 24 Jan 2024. was documented.
24 Jan 2024

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