Versa Drives Private Limited Company Logo

Versa Drives Private Limited - Company Profile

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:

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 2024. 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 Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.95 Cr
  • Company Age 15 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 15.65 Cr
  • Satisfied Charges ₹ 9.41 Cr
  • Revenue Growth 21.35%
  • Profit Growth 131.48%
  • Ebitda 29.92%
  • Net Worth 6.21%
  • Total Assets 15.23%
Company report

Versa Drives Private Limited

Company Report FY 2025-2026

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

NameDesignationAppointment DateStatus
Durgasharan KrishnamurthyDirector18 Mar 2010Current
Maheswari KrishnasamyDirector01 Jun 2023Current
Sundararajan MuruganandhanManaging Director18 Mar 2010Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddAdditional Director19 Sep 2023Past
Pramod AbcsddDirector05 May 2011Past

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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%.

Versa Drives revenue growth over time
Versa Drives profit and loss trends over time
  • 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%

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 Indicator graph

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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

DateLenderAmountStatus
31 Dec 2022Indian Bank₹2.28 MOpen
22 Jul 2019Others₹1.13 CrOpen
20 Nov 2013Indian Bank₹14.30 CrOpen
03 Jan 2022Indian Bank₹5.36 MSatisfied
13 May 2020Indian Bank₹4.60 MSatisfied

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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 growth trends for Versa Drives Private Limited

Deals i

Graph showing company valuation over time

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

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

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.

Latest Updates, News, and FAQs on Versa Drives

Recent Activity within the Organization

  • Charges

    The activity A charge registered on 03 Jan 2022 via Charge ID 100553842 with Indian Bank was fully satisfied on 30 Sep 2025. was completed.

  • 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.

  • 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.

  • Annual General Meeting

    Progress on Versa Drives Private Limited last Annual general meeting of members was held on 25 Sep 2025 as per latest MCA records. was documented.

  • Balance Sheet

    Versa Drives Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore. was recorded as a recent event.

  • Charges

    A charge registered on 15 Oct 2016 via Charge ID 100070729 with Others was fully satisfied on 24 Jan 2024. was recorded as a recent event.

Recent News, Updates & Announcement

Frequently Asked Questions

  • What is the CIN of Versa Drives Private Limited?

    The CIN of Versa Drives Private Limited is U31200TZ2010PTC015906.

  • Where is Versa Drives Private Limited headquartered?

    Versa Drives Private Limited is headquartered at No.38-B, Vadakku Thottam Part Idikarai, Coimbatore, Tamil Nadu, 641022.

  • When was Versa Drives Private Limited incorporated?

    Versa Drives Private Limited was incorporated on 18 March 2010.

  • Who are the current directors of Versa Drives Private Limited?

    The current directors of Versa Drives Private Limited are

  • What is the primary industry of Versa Drives Private Limited?

    The primary industry of Versa Drives Private Limited is Manufacturing.

  • Is Versa Drives Private Limited a listed company?

    Versa Drives Private Limited is unlisted.

  • What is the capital structure of Versa Drives Private Limited?

    The authorized capital of Versa Drives Private Limited is ₹3.00 Cr, and the paid-up capital is ₹2.95 Cr.

  • What is the compliance status of Versa Drives Private Limited?

    The compliance status of Versa Drives Private Limited is Compliant.

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