Versant India Private Limited

Versant India Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U13102KA1998PTC140977 Incorporated 09 December 1998 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2023
₹1.77 Lakh
▼ 10% YoY
Net loss · FY 2023
₹5.91 Lakh
Net margin -333.9%
EBITDA · FY 2023
-₹5.91 Lakh
EBITDA margin -333.9%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Company age
28 yrs
Est. 1998
Directors on board
3
As per MCA filings
Last financials
Mar 2024
Balance sheet date

About Versant India Private Limited

Data last updated:

Versant India Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Versant Software Llc. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 09 December 1998 and has been in existence for over 28 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U13102KA1998PTC140977.

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Mohan Abraham Jacob and Praveen Seth.

Its last annual general meeting (AGM) was held on 21 June 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Gr Tech Park, Bangalore, Karnataka.

As per the financials filed for FY 2023, the company reported a revenue of ₹1.77 Lakh, a decline of 10% compared to the previous year. For the same year it recorded a net loss of ₹5.91 Lakh (net margin -333.9%) and EBITDA of -₹5.91 Lakh (EBITDA margin -333.9%). Revenue has declined at a compounded annual rate (CAGR) of 25% over three years.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U13102KA1998PTC140977
Registration Number 140977
Incorporation Date 09 December 1998
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 21 June 2024
Date of Balance Sheet 31 March 2024
Parent Company Versant Software Llc
Compliance Status Active Compliant

CIN history

Versant India has one previous CIN (Corporate Identification Number): U13102PN1998PTC013101. The current CIN is U13102KA1998PTC140977, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U13102KA1998PTC140977Current
U13102PN1998PTC013101Previous

Contact details

Versant India Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Gr Tech Park #137 Ground Floor Vayu Block – B, Salarpuria Gr Tech Park Whitefield Road, Bangalore, Karnataka, India – 560066
  • Industry
    Information Technology, Software Development & Support Services

To see the full contact details of Versant India Private Limited, buy the company report.

Comprehensive company report
Versant India 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
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Financials of Versant India Private Limited

FY 2024 filings available

Versant India Private Limited reported revenue of ₹1.77 Lakh (down 10% YoY) for FY 2023.

Revenue · FY 2023
₹1.77 Lakh ▼ 10%
Net loss · FY 2023
₹5.91 Lakh margin -333.9%
EBITDA · FY 2023
-₹5.91 Lakh margin -333.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 10%
3 years · compounded
▼ 25%
EBITDA CAGR growth
1 year
▼ 39%
3 years · compounded
▲ 27%

Revenue has declined at a compounded annual rate (CAGR) of 25% over three years, including a 10% fall in the latest year. EBITDA fell 39% 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹5.91 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹5.91 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin-333.9%
Net Profit Margin-333.9%
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 Versant India Private Limited, buy the company report.

Board of directors of Versant India Private Limited

Versant India has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Mohan Abraham JacobDirector24 Jun 201412 Years 4 MonthsCurrent
Praveen SethAdditional Director02 Sep 20242 Years 2 MonthsCurrent
Goutam RungtaAdditional Director02 Sep 20242 Years 2 MonthsCurrent

Peer comparison

Versant India Private Limited is compared with the 10 companies closest to it by revenue in the Information Technology industry (Software Services), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Unique Management and Software Services Private Limited₹1.8 Lakh (FY 2020)29.0%Raipur, Chhattisgarh, India
Vittena Analytics Private Limited₹1.8 Lakh (FY 2024)141.0%Chennai, Tamil Nadu, India
Mega City Software Services Private Limited₹1.8 Lakh (FY 2021)Bangalore, Karnataka, India
Tententen Digital Products Private Limited₹1.78 Lakh (FY 2020)-97.0%Bangalore, Karnataka, India
Swani Infotech Private Limited₹1.78 Lakh (FY 2025)67.0%New Delhi, Delhi, India
Versant India Private Limitedthis company₹1.77 Lakh (FY 2023)-₹5.91 Lakh-333.9%-10.0%Bangalore, Karnataka, India
Reppify India Private Limited₹1.77 Lakh (FY 2023)Delhi, India
3D Jewellers & Software Services Private Limited₹1.77 Lakh (FY 2018)-76.0%Thane, Maharashtra, India
Shiptop Exim Private Limited₹1.75 Lakh (FY 2018)Falla, Gujarat, India
Virendramal Jain Holdings Limited₹1.75 Lakh (FY 2025)-13.0%Chennai, Tamil Nadu, India
Technofox India Private Limited₹1.75 Lakh (FY 2023)33.0%Chandigarh, India

To see the full peer comparison of Versant India Private Limited, buy the company report.

Auditor

Versant India Private Limited is audited by K P RAO & CO for the financial year 2021.

Auditor firmFinancial yearFirm registration number
K P RAO & COFY 2021003135S

Shareholding

The shareholding of Versant India Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2021FY 2020FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Versant India Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Versant India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

No GST registration is on our record for Versant India Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Versant India Private Limited has 11 board changes on record since 2007: 3 appointments and 8 cessations. The latest: Durga Prasad Das ceased to be Alternate Director on 10 Sep 2024.

Ceased
Durga Prasad Das ceased to be Alternate Director.
Appointed
Goutam Rungta was appointed as Additional Director.
Appointed
Praveen Seth was appointed as Additional Director.
AGM
Versant India Private Limited last Annual general meeting of members was held on 21 Jun 2024 as per latest MCA records.
Filing
Versant India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Suzanne Gisborn ceased to be Additional Director.
Ceased
Steven Richard Springsteel ceased to be Director.
Ceased
Stephen Mark Padgett ceased to be Additional Director.
Ceased
Fred Farrell Gallagher ceased to be Director.
Ceased
Marc David Monahan ceased to be Director.
Ceased
Mohan Abraham Jacob ceased to be Additional Director.
Appointed
Mohan Abraham Jacob was appointed as Director.

2 earlier events are in the company report.

Frequently asked questions

Versant India is an active private limited company based in Bangalore, Karnataka, India. The company works in software development and support services, within the information technology industry. It was incorporated on 09 December 1998 (28+ years old) and is registered under CIN U13102KA1998PTC140977.

Versant India has 3 current directors:

The latest financial statements of Versant India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 21 June 2024. Year-wise statements from 2015 are in the company report.

The CIN (Corporate Identification Number) of Versant India is U13102KA1998PTC140977. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Versant India was incorporated on 09 December 1998, making it 28+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Versant India by revenue are Unique Management and Software Services Private Limited, Vittena Analytics Private Limited, Mega City Software Services Private Limited, Tententen Digital Products Private Limited, Swani Infotech Private Limited and 5 more, all in the Information Technology industry (Software Services).

Durga Prasad Das ceased to be Alternate Director on 10 Sep 2024. Goutam Rungta was appointed as Additional Director on 02 Sep 2024. Praveen Seth was appointed as Additional Director on 02 Sep 2024. Versant India has 11 board changes on record in total.

The registered office of Versant India is at Gr Tech Park #137 Ground Floor Vayu Block – B, Salarpuria Gr Tech Park Whitefield Road, Bangalore, Karnataka, India – 560066.

Versant India operates in the information technology industry, in the software development and support services segment.

The compliance status of Versant India is compliant as of 13 September 2026. The company is actively filing with the Registrar of Companies.

Versant India can be reached at its registered office: Gr Tech Park #137 Ground Floor Vayu Block – B, Salarpuria Gr Tech Park Whitefield Road, Bangalore, Karnataka, India – 560066.