About Versa Networks India Private Limited
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Versa Networks India Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Versa Networks Inc. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 06 December 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2012PTC067058. Its GSTIN is 29AAECV2751L1ZW (Karnataka).
The company has an authorised share capital of ₹1.78 Cr and a paid-up capital of ₹1.02 Lakh. It is led by directors Deven Pravinchandra Bussa and Sonal Kamlesh Mehtaa.
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 Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹219.93 Cr, a growth of 22% compared to the previous year. For the same year it recorded a net profit of ₹19.56 Cr (net margin 8.9%) and EBITDA of ₹29.71 Cr (EBITDA margin 13.5%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 27% over five years.
The company has about 305 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Versa Networks. The company has 1 deal on record (1 funding round), with disclosed funding of ₹1.77 Cr; the latest was in June 2013.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website versa-networks.com.
Company details
Contact details
Versa Networks India Private Limited's registered office is in Bangalore, Karnataka. Its website is versa-networks.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressUnit No. 901 9th Floor Campus 4D, Eco World Sarjapura Marathalli Outer Ring Road, Bangalore, Karnataka, India – 560103
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Versa Networks India 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
Brands
Versa Networks India operates one associated brand: Versa Networks. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| SASE network security solutions are delivered through cloud-based platform. | versa-networks.com |
Business activity
The main business activity of Versa Networks India is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Versa Networks India Private Limited, buy the company report.
Financials of Versa Networks India Private Limited
FY 2025 filings availableVersa Networks India Private Limited reported revenue of ₹219.93 Cr (up 22% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 27% over five years, including 22% growth in the latest year. EBITDA rose 14% 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
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| EBITDA | ₹29.71 Cr | ||||
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| Net Profit (PAT) | ₹19.56 Cr | ||||
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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 | 13.5% | ||||
| Net Profit Margin | 8.9% | ||||
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To see the full financial statements and ratios of Versa Networks India Private Limited, buy the company report.
Board of directors of Versa Networks India Private Limited
Versa Networks India has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deven Pravinchandra Bussa Also directs: Applied Optical Technologies Private Limited | Director | 22 Nov 2023 | 2 Years 11 Months | Current |
| Sonal Kamlesh Mehtaa | Director | 14 Aug 2014 | 12 Years 2 Months | Current |
Auditor
Versa Networks India Private Limited is audited by Anil DSouza & Associates for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Anil DSouza & Associates | FY 2024 | 013346S |
Shareholding
The shareholding of Versa Networks India Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
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| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
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| Others |
To see the full shareholding pattern of Versa Networks India Private Limited, buy the company report.
Deals & funding
Versa Networks India Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹1.77 Cr; the latest was in June 2013.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2013 | Funding round | ₹1.77 Cr | Investors: Versa Networks Inc |
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 Networks India 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 Versa Networks India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Versa Networks India Private Limited has a workforce of 305 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
GST
Versa Networks India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECV2751L1ZW | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Versa Networks India Private Limited, buy the company report.
Recent activity
Versa Networks India Private Limited has 6 board changes on record since 2014: 2 appointments and 4 cessations. The latest: Deven Pravinchandra Bussa ceased to be Additional Director on 29 Sep 2024.
News
Frequently asked questions
Versa Networks India is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 06 December 2012 (14+ years old) and is registered under CIN U72200KA2012PTC067058.
Versa Networks India has 2 current directors:
- Deven Pravinchandra Bussa - Director
- Sonal Kamlesh Mehtaa - Director
The latest financial statements of Versa Networks India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Versa Networks India is 29AAECV2751L1ZW, registered in Karnataka.
The CIN (Corporate Identification Number) of Versa Networks India is U72200KA2012PTC067058. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Versa Networks India was incorporated on 06 December 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.
Versa Networks India has 1 deal on record (1 funding round), with disclosed funding of ₹1.77 Cr; the latest was in June 2013.
Deven Pravinchandra Bussa ceased to be Additional Director on 29 Sep 2024. Deven Pravinchandra Bussa was appointed as Director on 22 Nov 2023. Ranga Balkrishna Shetty ceased to be Director on 22 Nov 2023. Versa Networks India has 6 board changes on record in total.
Versa Networks India can be reached through the website versa-networks.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Versa Networks India is at Unit No. 901 9th Floor Campus 4D, Eco World Sarjapura Marathalli Outer Ring Road, Bangalore, Karnataka, India – 560103.