Version Next Technologies Private Limited

Version Next Technologies Private Limited - information technology in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U72200MH2008PTC182529 Incorporated 22 May 2008 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company information technology MSME · Micro
Data last updated
Revenue · FY 2025
₹3.04 Cr
▲ 15% YoY
Net profit · FY 2025
₹2.63 Lakh
Net margin 0.9%
EBITDA · FY 2025
₹4.58 Lakh
EBITDA margin 1.5%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
18 yrs
Est. 2008
Directors on board
4
As per MCA filings
Active GSTINs
1
GST registered

About Version Next Technologies Private Limited

Data last updated:

Version Next Technologies Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 22 May 2008 and has been in existence for over 18 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72200MH2008PTC182529. Its GSTIN is 27AACCV7580M1ZN (Maharashtra).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Sanyog Shivaji Shelar (Managing Director) and Arvind Vasant Baraskar (Whole-Time Director).

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.

As per the financials filed for FY 2025, the company reported a revenue of ₹3.04 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹2.63 Lakh (net margin 0.9%) and EBITDA of ₹4.58 Lakh (EBITDA margin 1.5%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 25% over five years.

The company is associated with 2 brands: Version Next and Version Next Technologies.

Version Next Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0151095). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website version-next.com.

Company details

CIN U72200MH2008PTC182529
Registration Number 182529
Incorporation Date 22 May 2008
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0151095

Recognitions & Rankings of Version Next Technologies

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-MH-18-0151095

Contact details

Version Next Technologies Private Limited's registered office is in Mumbai, Maharashtra. Its website is version-next.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Office No. 602 A(II) (607) 602 A(II) (608) 6th Floor, Pranik Chambers Saki Vihar Road Sakinaka, Mumbai, Maharashtra, India – 400072
  • Industry
    Information Technology, Application Development & Software Solutions

To see the full contact details of Version Next Technologies Private Limited, buy the company report.

Comprehensive company report
Version Next Technologies 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Version Next Technologies operates two associated brands: Version Next and Version Next Technologies. Each brand links to its own profile.

BrandDescriptionWebsite
Provides comprehensive services in application development, hosting, domain management, and digital marketing.version-next.com
IT consulting, web development, and system management services.sanyog.in

Business activity

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

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communication62Computer programming, consultancy and related activities

To see the full business activity and turnover split of Version Next Technologies Private Limited, buy the company report.

Financials of Version Next Technologies Private Limited

FY 2024 filings available

Version Next Technologies Private Limited reported revenue of ₹3.04 Cr (up 15% YoY) for FY 2025.

Revenue · FY 2025
₹3.04 Cr ▲ 15%
Net profit · FY 2025
₹2.63 Lakh margin 0.9%
EBITDA · FY 2025
₹4.58 Lakh margin 1.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 15%
3 years · compounded
▲ 19%
5 years · compounded
▲ 25%
EBITDA CAGR growth
1 year
▼ 82%
3 years · compounded
▼ 35%
5 years · compounded
▼ 18%

Revenue has grown at a compounded annual rate (CAGR) of 25% over five years, including 15% growth in the latest year. EBITDA fell 82% 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹4.58 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹2.63 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin1.5%
Net Profit Margin0.9%
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 Version Next Technologies Private Limited, buy the company report.

Board of directors of Version Next Technologies Private Limited

Version Next Technologies has 4 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Sumeet Mahendra RathodDirector22 May 200818 Years 5 MonthsCurrent
Sanyog Shivaji ShelarManaging Director22 May 200818 Years 5 MonthsCurrent
Arvind Vasant BaraskarWhole-Time Director18 Jul 201610 Years 3 MonthsCurrent
Vinayak Bharat ParabAdditional Director18 Jul 201610 Years 3 MonthsCurrent

Auditor

Version Next Technologies Private Limited is audited by BHARAT J JAIN & CO. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
BHARAT J JAIN & CO.FY 2023128179W

Shareholding

The shareholding of Version Next Technologies Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Version Next Technologies Private Limited, buy the company report.

MSME payment delays

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

GST

Version Next Technologies has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AACCV7580M1ZNMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Version Next Technologies Private Limited, buy the company report.

Recent activity

Version Next Technologies Private Limited has 4 board changes on record since 2008: 4 appointments. The latest: Arvind Vasant Baraskar was appointed as Whole-Time Director on 18 Jul 2016.

AGM
Version Next Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Version Next Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Appointed
Arvind Vasant Baraskar was appointed as Whole-Time Director.
Appointed
Vinayak Bharat Parab was appointed as Additional Director.
Appointed
Sanyog Shivaji Shelar was appointed as Managing Director.
Appointed
Sumeet Mahendra Rathod was appointed as Director.
Incorporation
22 May 2008
Version Next Technologies Private Limited was registered on 22 May 2008 with Roc Mumbai & aged 18 years 5 months as per MCA records.

Frequently asked questions

Version Next Technologies is an active private limited company based in Mumbai, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 22 May 2008 (18+ years old) and is registered under CIN U72200MH2008PTC182529.

Version Next Technologies has 4 current directors:

The latest financial statements of Version Next Technologies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Version Next Technologies is 27AACCV7580M1ZN, registered in Maharashtra.

The CIN (Corporate Identification Number) of Version Next Technologies is U72200MH2008PTC182529. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Version Next Technologies was incorporated on 22 May 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.

Arvind Vasant Baraskar was appointed as Whole-Time Director on 18 Jul 2016. Vinayak Bharat Parab was appointed as Additional Director on 18 Jul 2016. Sanyog Shivaji Shelar was appointed as Managing Director on 22 May 2008. Version Next Technologies has 4 board changes on record in total.

Yes, Version Next Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0151095).

Version Next Technologies can be reached through the website version-next.com. Its registered office is in Mumbai, Maharashtra, India.

The registered office of Version Next Technologies is at Office No. 602 AII 607 602 AII 608 6th Floor, Pranik Chambers Saki Vihar Road Sakinaka, Mumbai, Maharashtra, India – 400072.