About Version Systems Private Limited
Data last updated: 18 December 2025
Version Systems Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It specialises in application development and software solutions, a part of the broader technology and IT services sector. Incorporated on 07 July 2005, the company has been in operation for over 21 years.
Registered with ROC Mumbai under CIN U74990MH2005PTC154579.
Capital: an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. Formerly known as Fortune Outsource and Services Private Limited. It is led by directors Nirajkumar Ramniklal Karelia and Aniruddh Kamleshkumar Nagodra.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: Office No.19 Balaji Towers Sector – 30A Vashi, Navi Mumbai, Maharashtra, India – 400705.
As per the financials filed for FY 2025, the company reported a revenue of ₹25.76 Cr, a growth of 12% compared to the previous year.
The company has a workforce of approximately 17 employees as per the latest available data.
The company is associated with 3 brands - Factohr, Hrplug, Version Systems. As per MCA filings, the company has satisfied charges of ₹1.17 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website versionsystems.com.
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Registered AddressOffice No.19 Balaji Towers Sector – 30A Vashi, Navi Mumbai, Maharashtra, India – 400705
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IndustryInformation Technology, Application Development & Software Solutions
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Version Systems Private Limited
Version Systems Private Limited operates multiple associated brands including factoHR, HRPlug, and Version Systems. These brands represent Version Systems Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Provides cloud-based HR tools for payroll, attendance, and employee management services. | factohr.com | |
| Provides human resource management software for businesses. | hrplug.com | |
| Provides HRMS and payroll software with retirement benefits outsourcing for enterprises. | versionsystems.com |
Competitors & Alternatives of Version Systems Private Limited
Brands and companies operating in the same space as Version Systems Private Limited include Workday, Gusto, SuccessFactors and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Workday
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Cloud-based HR and financial software is delivered to enterprises. | Pleasanton, United States, United States | 2005 |
Gusto
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Cloud-based HR and payroll solutions are offered for small businesses. | San Francisco, United States, United States | 2012 |
SuccessFactors
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Cloud-based human capital management software is delivered globally. | San Francisco, United States, United States | 2001 |
Rippling
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Cloud-based HR management suite is provided for employee operations. | San Francisco, United States, United States | 2016 |
GreytHR
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Cloud-based HRMS and payroll software solutions are provided. | Bengaluru, India, India | 1994 |
Paycor
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Cloud-based HRMS platform is provided for small and medium-sized businesses. | Cincinnati, United States, United States | 1990 |
People Strong
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Cloud-based human resource management software is offered. | Gurugram, India, India | 2005 |
Paychex
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Cloud-based HRMS solutions are delivered for payroll and employee management. | New York, United States, United States | 1971 |
Homebase
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Workforce scheduling and time tracking are facilitated by Homebase software. | San Francisco, United States, United States | 2014 |
Darwinbox
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Human capital management platform is provided for HR process automation. | Hyderabad, India, India | 2015 |
Business Activity of Version Systems Private Limited
Version Systems Private Limited is engaged in the principal business activity of information and communication, with detailed activities including publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | Locked |
Business activity turnover details for Version Systems Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
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Verified entity values are shown only after access is granted.
Auditor Details of Version Systems Private Limited
Version Systems Private Limited is audited by D. N. KAPADIA AND CO for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| D. N. KAPADIA AND CO | Locked | Locked | Locked |
Complete auditor history for Version Systems Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
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Board of Directors of Version Systems Private Limited
Version Systems Private Limited is currently managed by 2 directors, with 1 former director having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Nirajkumar Ramniklal Karelia
Also directs:
Statusq Apps Llp, Mwci Internet Services Private Limited
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Director | 02 May 2006 | 20 Years 3 Months | Current |
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Aniruddh Kamleshkumar Nagodra
Also directs:
Statusq Apps Llp, Mwci Internet Services Private Limited
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Director | 02 May 2006 | 20 Years 3 Months | Current |
Financials of Version Systems Private Limited FY 2025 filings available
Version Systems Private Limited reported revenue of ₹25.76 Cr (up 12.00% YoY) for FY 2025.
Ten-year financial statements for Version Systems Private Limited
Historical statement values and trend charts require an active report plan.
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- Balance sheets
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Ownership and Shareholding of Version Systems Private Limited
Shareholding and ownership data for Version Systems Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
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- FII and DII holdings
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Charges & Borrowings of Version Systems Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Mar 2021 | Others | ₹14 Lakh | Satisfied |
| 02 Mar 2021 | Others | ₹14 Lakh | Satisfied |
| 19 Mar 2013 | Hdfc Bank Limited | ₹89 Lakh | Satisfied |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Version Systems Private Limited
Version Systems Private Limited has a workforce of 17 employees as of Mar 29, 2024.
Employee and EPFO history for Version Systems Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
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GST Compliance of Version Systems Private Limited
GST registrations and filing compliance for Version Systems Private Limited
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Credit Ratings, Litigation & Regulatory Alerts for Version Systems Private Limited
Credit ratings, litigation, and regulatory alerts for Version Systems Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Version Systems Private Limited
MSME payment history for Version Systems Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
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Subsidiaries & Group Companies of Version Systems Private Limited
Corporate group structure for Version Systems Private Limited
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MCA Filings & Documents of Version Systems Private Limited
MCA filings and documents for Version Systems Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
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Recent Activity on Version Systems Private Limited
Frequently Asked Questions about Version Systems Private Limited
Version Systems Private Limited is an active private limited company in the information technology sector based in Navi Mumbai, Maharashtra, India. It was incorporated on 07 July 2005 (21+ years old) and is registered under CIN U74990MH2005PTC154579. The company has 17 employees.
Version Systems Private Limited reported revenue of ₹25.76 Cr for FY 2025 (up 12.00% YoY).
The current directors of Version Systems Private Limited are:
- Nirajkumar Ramniklal Karelia - Director
- Aniruddh Kamleshkumar Nagodra - Director
The primary industry of Version Systems Private Limited is information technology. The company specifically operates in application development and software solutions. The company is currently active in this sector.
Version Systems Private Limited can be reached at the registered office: Office No.19 Balaji Towers Sector – 30A Vashi, Navi Mumbai, Maharashtra, India – 400705, or through the website versionsystems.com.
The authorised capital is ₹1 Lakh, and the paid-up capital is ₹1 Lakh.