About Versatiletech Ventures Private Limited
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Versatiletech Ventures Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 18 May 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2016PTC093393. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors Sanjay Satyanarayan Sunku and Sreerekha Madivala Sridhar.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at No. 4 3rd Floor 1st Main 1st Cross Shivnagar Rajajinagar, Bangalore, Karnataka, India – 560010.
As per the financials filed for FY 2020, the company reported a revenue of ₹2.5 Lakh, a decline of 81% compared to the previous year. For the same year it recorded a net loss of ₹1.21 Lakh (net margin -48.4%) and EBITDA of ₹34,528 (EBITDA margin 13.8%). Revenue has declined at a compounded annual rate (CAGR) of 34% over three years.
The company is associated with 1 brand: Versatiletech.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website versatiletech.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNo. 4 3rd Floor 1st Main 1st Cross Shivnagar Rajajinagar, Bangalore, Karnataka, India – 560010
- IndustryInformation Technology, Application Development & Software Solutions
- 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
- One PDF report, delivered after checkout
Associated Brands with Versatiletech Ventures Private Limited
Versatiletech Ventures operates one associated brand: Versatiletech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers web development, email services, and software testing for businesses. | versatiletech.in |
Competitors & Alternatives of Versatiletech Ventures Private Limited
Brands and companies operating in the same space as Versatiletech Ventures Private Limited include S⁴Capital, Townsquare Media, Tinuiti and 5 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 S⁴Capital | Digital advertising and content marketing services are provided globally. | London, United Kingdom | 2014 |
 Townsquare Media | Media Company focused on radio broadcasting, live events, marketing solutions | Greenwich, United States | 2010 |
 Tinuiti | Digital marketing services including paid search and e-commerce are provided. | New York, United States | 2004 |
 Prophet | Brand and marketing consulting solutions provider | San Francisco, United States | 1992 |
 Advantage Solutions | Consumer packaged goods sales and digital marketing services are provided. | Irvine, United States | 1987 |
 Media.Monks | Digital marketing, advertising, and IT services are provided globally. | Hilversum, Netherlands | 2001 |
 Amdocs | Cloud-based OSS and BSS solutions are provided to communications providers. | Chesterfield, United States | 1982 |
 Weimob | WeChat-based retail, marketing, and CRM solutions are provided to merchants. | Shanghai, China | 2013 |
Auditor Details of Versatiletech Ventures Private Limited
Versatiletech Ventures Private Limited is audited by K R AITHAL & CO for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K R AITHAL & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Versatiletech Ventures Private Limited
Versatiletech Ventures has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Satyanarayan Sunku Also directs: Pirg Asset Xiii LLP, Waterwala Labs Private Limited | Director | 18 May 2016 | 10 Years 4 Months | Current |
| Sreerekha Madivala Sridhar | Director | 02 Nov 2016 | 9 Years 11 Months | Current |
Financials of Versatiletech Ventures Private Limited FY 2021 filings available
Versatiletech Ventures Private Limited reported revenue of ₹2.5 Lakh (down 81% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR) of Versatiletech Ventures Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 34% over three years, including a 81% fall 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 of Versatiletech Ventures Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹2.5 Lakh | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | ₹34,528 | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.21 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 Versatiletech Ventures Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 13.8% | •••• | •••• | •••• |
| Net Profit Margin | -48.4% | •••• | •••• | •••• |
| 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 Versatiletech Ventures are in the company report.
Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Versatiletech Ventures Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Versatiletech Ventures Private Limited
Versatiletech Ventures Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Versatiletech Ventures Private Limited
Employment history and EPFO contributions of people linked to Versatiletech Ventures.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Versatiletech Ventures Private Limited
Versatiletech Ventures has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Versatiletech Ventures Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Versatiletech Ventures Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Versatiletech Ventures Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Versatiletech Ventures Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Versatiletech Ventures Private Limited
Frequently Asked Questions about Versatiletech Ventures Private Limited
Versatiletech Ventures 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 18 May 2016 (10+ years old) and is registered under CIN U72900KA2016PTC093393.
Versatiletech Ventures reported revenue of ₹2.5 Lakh for FY 2020 (down 81% YoY).
Versatiletech Ventures has 2 current directors:
- Sanjay Satyanarayan Sunku - Director
- Sreerekha Madivala Sridhar - Director
Versatiletech Ventures reported a net loss of ₹1.21 Lakh (net margin -48.4%) and EBITDA of ₹34,528 (EBITDA margin 13.8%) for FY 2020, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Versatiletech Ventures is -34% over three years. In the latest year (FY 2020) revenue fell 81%. CAGR is the steady yearly rate that links the first and the last year.
No. Versatiletech Ventures has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Versatiletech Ventures is U72900KA2016PTC093393. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Versatiletech Ventures was incorporated on 18 May 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Versatiletech Ventures can be reached through the website versatiletech.in. Its registered office is in Bangalore, Karnataka, India.