Versant Technologies Private Limited

Versant Technologies Private Limited - information technology in Chennai, Tamil Nadu, India. Directors, charges & compliance details.
CIN U72200TN2004PTC122481 Incorporated 07 June 2004 ROC Chennai HQ Chennai, Tamil Nadu, India
Merged Private Limited Company information technology
Data last updated
Revenue · FY 2018
₹5.37 Cr
▼ 19% YoY
Net profit · FY 2018
₹9.43 Lakh
Net margin 1.8%
EBITDA · FY 2018
₹20.35 Lakh
EBITDA margin 3.8%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Company age
22 yrs
Est. 2004
Employees · EPFO
1
Provident fund records
Directors on board
2
As per MCA filings

About Versant Technologies Private Limited

Data last updated:

Versant Technologies Private Limited was a private limited company based in Chennai, Tamil Nadu, India, operated as a subsidiary of Aspire Systems (India) Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the consultancy services segment of the technology and IT services sector. It was incorporated on 07 June 2004.

The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U72200TN2004PTC122481. The company has 4 GST registrations on record, none of which is active.

The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was led by directors Subramanian Gowrishankar and Pylore Sridhar Subramanian.

Its last annual general meeting (AGM) was held on 28 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at Old No 4 New No 7 II Trust Link Road Mandaveli, Chennai, Tamil Nadu, India – 600028.

As per the financials filed for FY 2018, the company reported a revenue of ₹5.37 Cr, a decline of 19% compared to the previous year. For the same year it recorded a net profit of ₹9.43 Lakh (net margin 1.8%) and EBITDA of ₹20.35 Lakh (EBITDA margin 3.8%).

The company had about 1 employee on its provident fund (EPFO) records before it was dissolved.

Court records list 3 cases involving the company, including 3 filed by the company. The company has 1 deal on record (1 acquisition); the latest was in December 2013. Its 10 peer companies in the Information Technology industry (Application Development) are compared by revenue, 5 larger and 5 smaller; the largest is Panacor Management Services Private Limited.

The last known website on record is aspiresys.com.

Company Details of Versant Technologies Private Limited
CIN U72200TN2004PTC122481
Registration Number 122481
Incorporation Date 07 June 2004
ROC Chennai
Listing Status Unlisted
Company Status Amalgamated
Date of Last AGM 28 September 2018
Date of Balance Sheet 31 March 2018
Parent Company Aspire Systems (India) Private Limited
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
  • Registered Address
    Old No 4 New No 7 II Trust Link Road Mandaveli, Chennai, Tamil Nadu, India – 600028
  • Industry
    Information Technology, Consultancy, Computer Programming
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Financials, compliance, directors, charges, ownership and filings for Versant Technologies Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Versant Technologies Private Limited

The main business activity of Versant Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
JInformation and communicationJ6Computer programming, consultancy and related activitiesLocked
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Turnover share and past changes in activity are in the company report.

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Financials of Versant Technologies Private Limited FY 2018 filings available

Versant Technologies Private Limited reported revenue of ₹5.37 Cr (down 19% YoY) for FY 2018.

Revenue · FY 2018
₹5.37 Cr ▼ 19%
Net profit · FY 2018
₹9.43 Lakh margin 1.8%
EBITDA · FY 2018
₹20.35 Lakh margin 3.8%

Compounded Annual Growth Rate (CAGR) of Versant Technologies Private Limited

Revenue CAGR growth
1 year
▼ 19%
EBITDA CAGR growth
1 year
▼ 81%

Revenue fell 19% in the latest year. EBITDA fell 81% in the latest year. All are worked out from the filed statements.

Financial Statement Summary of Versant Technologies Private Limited

MetricsFY 2017-18FY 2016-17FY 2015-16FY 2014-15
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₹20.35 Lakh••••••••••••
Profit Before Tax••••••••••••••••
Tax Expense••••••••••••••••
Net Profit (PAT)₹9.43 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 of Versant Technologies Private Limited

MetricsFY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin3.8%••••••••••••
Net Profit Margin1.8%••••••••••••
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••••••••••••••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Versant Technologies are in the company report.

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Financial statements from 2015

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Peer Comparison of Versant Technologies Private Limited

Versant Technologies Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Application Development). Revenue, net profit, margin and growth of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Panacor Management Services Private Limited••••••••••••••••-Chennai, Tamil Nadu, India
Inkriti Solutions Private Limited••••••••••••••••-Hyderabad, Telangana, India
Zoondia Software Private Limited••••••••••••••••13Trivandrum, Kerala, India
Unisoft Applications Private Limited••••••••••••••••-Khairatabad, Telangana, India
Feast Software Private Limited••••••••••••••••56Mumbai, Maharashtra, India
Versant Technologies Private Limited this company••••••••••••••••-Chennai, Tamil Nadu, India
Muthu Technology Solutions Private Limited••••••••••••••••35Chennai, Tamil Nadu, India
Avesta Computers Private Limited••••••••••••••••18Pune, Maharashtra, India
Magure Softwares Private Limited••••••••••••••••-Raipur, Chattisgarh, India
Uppwise Tech Private Limited••••••••••••••••-Noida, Uttar Pradesh, India
Sankalp Computer and Systems Private Limited••••••••••••••••56Pune, Maharashtra, India

Peers are the five companies nearest above and the five nearest below Versant Technologies by revenue in the Information Technology industry (Application Development), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.

Auditor Details of Versant Technologies Private Limited

Versant Technologies Private Limited is audited by Manohar Chowdhry & Associates for the financial year 2017.

NameStatusAppointment DateCessation Date
Manohar Chowdhry & AssociatesLockedLockedLocked
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Board of Directors of Versant Technologies Private Limited

Versant Technologies has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Subramanian GowrishankarDirector06 Nov 201312 Years 11 MonthsAs last reported
Pylore Sridhar SubramanianDirector01 Jul 201412 Years 3 MonthsAs last reported

Ownership and Shareholding of Versant Technologies Private Limited

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Charges & Borrowings of Versant Technologies Private Limited

Versant Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.

Deals & Funding of Versant Technologies Private Limited

Versant Technologies Private Limited has 1 deal on record (1 acquisition); the latest was in December 2013.

Total deals
1
Acquisition
1

Deals on record (1 of 1)

WhenDealAmountParties
Dec 2013AcquisitionUndisclosedBuyer: Aspire Systems (India) Private Limited
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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Employees and EPFO Compliance at Versant Technologies Private Limited

Versant Technologies Private Limited has a workforce of 1 employees as of Mar 30, 2024.

Employee count
1
Active EPFO establishments
1
Employee growth
-91.67%
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CIN History of Versant Technologies Private Limited

Versant Technologies has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U72200TN2004PTC122481, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U72200TN2004PTC122481Current
U72200TG2004PTC043412Previous
U72200AP2004PTC043412Previous

Recent Activity on Versant Technologies Private Limited

Versant Technologies Private Limited has 7 board changes on record since 2009: 2 appointments and 5 cessations. The latest: Darapaneni Naidu Chennapa ceased to be Director on 23 Nov 2015.

AGM
Versant Technologies Private Limited last Annual general meeting of members was held on 28 Sep 2018 as per latest MCA records.
Filing
Versant Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Chennai.
Ceased
Darapaneni Naidu Chennapa ceased to be Director.
Ceased
Pylore Sridhar Subramanian ceased to be Additional Director.
Ceased
Subramanian Gowrishankar ceased to be Additional Director.
Appointed
Pylore Sridhar Subramanian was appointed as Director.
Ceased
Sailaja Patharlapalli ceased to be Director.
Appointed
Subramanian Gowrishankar was appointed as Director.
Ceased
Madhava Rao Chanduluri ceased to be Director.
Incorporation
07 Jun 2004
Versant Technologies Private Limited was registered on 07 Jun 2004 with Roc Chennai & aged 22 years 4 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Versant Technologies Private Limited

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MSME Payment Delays by Versant Technologies Private Limited

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Subsidiaries & Group Companies of Versant Technologies Private Limited

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GST Compliance of Versant Technologies Private Limited

Versant Technologies has 4 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.

Total GSTINs
4
Cancelled / inactive
4
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MCA Filings & Documents of Versant Technologies Private Limited

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Frequently Asked Questions about Versant Technologies Private Limited

Versant Technologies has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.

Versant Technologies was a private limited company based in Chennai, Tamil Nadu, India. The company worked in consultancy, within the information technology industry. It was incorporated on 07 June 2004 and is registered under CIN U72200TN2004PTC122481. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.

Versant Technologies was incorporated on 07 June 2004. It is registered with the Registrar of Companies, Chennai.

Versant Technologies had 2 directors:

The CIN (Corporate Identification Number) of Versant Technologies is U72200TN2004PTC122481. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Versant Technologies is at Old No 4 New No 7 II Trust Link Road Mandaveli, Chennai, Tamil Nadu, India – 600028.

Versant Technologies can be reached through the website aspiresys.com. Its registered office is in Chennai, Tamil Nadu, India.

Versant Technologies reported revenue of ₹5.37 Cr for FY 2018 (down 19% YoY).

Versant Technologies has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh.

Versant Technologies reported a net profit of ₹9.43 Lakh (net margin 1.8%) and EBITDA of ₹20.35 Lakh (EBITDA margin 3.8%) for FY 2018, as per its filed financial statements.

No. Versant Technologies has 4 GST registrations on record and all of them are cancelled or inactive.

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