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Versionx Innovations Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹4.29 Cr
▲ 100% YoY
Net profit · FY 2024
₹1.57 Cr
Net margin 36.6%
EBITDA · FY 2024
₹1.63 Cr
EBITDA margin 38%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹11.19 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
4
As per MCA filings
Active GSTINs
1
GST registered
About Versionx Innovations Private Limited
Data last updated:
Versionx Innovations Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 17 July 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2017PTC104714. Its GSTIN is 29AAGCV0149Q1ZO (Karnataka).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹11.19 Lakh. It is led by directors including Binay Kishore Jha and Vishal Markanday.
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 2562 3rd Floor 24th Main 14th Cross Sector 1 Hsr Layout, Bangalore, Karnataka, India – 560102.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.29 Cr, a growth of 100% compared to the previous year. For the same year it recorded a net profit of ₹1.57 Cr (net margin 36.6%) and EBITDA of ₹1.63 Cr (EBITDA margin 38%). Revenue has grown at a compounded annual rate (CAGR) of 46% over three years and 32% over five years.
The company is associated with 1 brand: VersionX.
Versionx Innovations Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0090841). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website versionx.in.
Company details
CIN U72900KA2017PTC104714
Registration Number 104714
Incorporation Date 17 July 2017
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0090841
Recognitions & Rankings of Versionx Innovations
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0090841
Contact details
Versionx Innovations Private Limited's registered office is in Bangalore, Karnataka. Its website is versionx.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address2562 3rd Floor 24th Main 14th Cross Sector 1 Hsr Layout, Bangalore, Karnataka, India – 560102
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Versionx Innovations Private Limited, buy the company report.
Comprehensive company report
Versionx Innovations 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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Brands
Versionx Innovations operates one associated brand: VersionX. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides integrated software and hardware solutions for security and operational efficiency. | versionx.in |
Business activity
The main business activity of Versionx Innovations is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Versionx Innovations Private Limited, buy the company report.
Financials of Versionx Innovations Private Limited
FY 2024 filings availableVersionx Innovations Private Limited reported revenue of ₹4.29 Cr (up 100% YoY) for FY 2024.
Revenue · FY 2024
₹4.29 Cr ▲ 100%
Net profit · FY 2024
₹1.57 Cr margin 36.6%
EBITDA · FY 2024
₹1.63 Cr margin 38%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 100%
3 years · compounded
▲ 46%
5 years · compounded
▲ 32%
EBITDA CAGR growth
3 years · compounded
▲ 120%
5 years · compounded
▲ 37%
Revenue has grown at a compounded annual rate (CAGR) of 32% over five years, including 100% growth 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1.63 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.57 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 38% | ||||
| Net Profit Margin | 36.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Versionx Innovations Private Limited, buy the company report.
Board of directors of Versionx Innovations Private Limited
Versionx Innovations has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Binay Kishore Jha Also directs: Avigna Jeya Private Limited, Avigna Space Private Limited, Avigna Ventura Private Limited and 5 more | Director | 21 Mar 2025 | 1 Years 7 Months | Current |
| Vishal Markanday | Director | 17 Jul 2017 | 9 Years 3 Months | Current |
| Akshay Markande Also directs: Coretrippers Planet Travels Private Limited | Director | 04 Jan 2019 | 7 Years 10 Months | Current |
| Annamalai Manikandan | Director | 21 Mar 2025 | 1 Years 7 Months | Current |
Peer comparison
Versionx Innovations Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vse Infocom Private Limited | ₹4.3 Cr (FY 2025) | 200.0% | Bangalore, Karnataka, India | |||
| Broadfield Technologies India Private Limited | ₹4.3 Cr (FY 2025) | 10.0% | Bangalore, Karnataka, India | |||
| Digitax India Communications Private Limited | ₹4.3 Cr (FY 2024) | 61.0% | Chandigarh, India | |||
| Raptbot Technologies Private Limited | ₹4.29 Cr (FY 2025) | -1.0% | Jaipur, Rajasthan, India | |||
| Templar Shield Labs Private Limited | ₹4.29 Cr (FY 2024) | -19.0% | Hyderabad, Telangana, India | |||
| Versionx Innovations Private Limitedthis company | ₹4.29 Cr (FY 2024) | ₹1.57 Cr | 36.6% | 100.0% | Bangalore, Karnataka, India | |
| Mata Consultancy Services Private Limited | ₹4.29 Cr (FY 2025) | -22.0% | Hyderabad, Telangana, India | |||
| Madhees Techno Consulting Private Limited | ₹4.29 Cr (FY 2025) | 79.0% | Hyderabad, Telangana, India | |||
| Intents Mobi Private Limited | ₹4.29 Cr (FY 2023) | 198.0% | Gurgaon, Haryana, India | |||
| K Cube Communications Private Limited | ₹4.29 Cr (FY 2018) | 0.0% | Ghaziabad, Uttar Pradesh, India | |||
| Adtric Solutions Private Limited | ₹4.28 Cr (FY 2025) | 33.0% | New Delhi, Delhi, India |
To see the full peer comparison of Versionx Innovations Private Limited, buy the company report.
Auditor
Versionx Innovations Private Limited is audited by N Baid & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N Baid & Associates | FY 2023 | 016919S |
Shareholding
The shareholding of Versionx Innovations 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 category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Versionx Innovations Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Versionx Innovations Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Versionx Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Versionx Innovations has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCV0149Q1ZO | Karnataka | Active | 16 Nov 2017 |
To see the full GST registrations and return filing status of Versionx Innovations Private Limited, buy the company report.
Recent activity
Versionx Innovations Private Limited has 7 board changes on record since 2017: 4 appointments and 3 cessations. The latest: Annamalai Manikandan was appointed as Director on 21 Mar 2025.
Appointed
Annamalai Manikandan was appointed as Director.
Appointed
Binay Kishore Jha was appointed as Director.
AGM
Versionx Innovations Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Versionx Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Mohit Kukreja ceased to be Director.
Ceased
Akshay Markande ceased to be Additional Director.
Ceased
Ambica Milind ceased to be Whole-Time Director.
Appointed
Akshay Markande was appointed as Director.
Appointed
Vishal Markanday was appointed as Director.
Incorporation
17 Jul 2017
Versionx Innovations Private Limited was registered on 17 Jul 2017 with Roc Bangalore & aged 9 years 3 months as per MCA records.
Frequently asked questions
Versionx Innovations 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 17 July 2017 (9+ years old) and is registered under CIN U72900KA2017PTC104714.
Versionx Innovations has 4 current directors:
- Binay Kishore Jha - Director
- Vishal Markanday - Director
- Akshay Markande - Director
- Annamalai Manikandan - Director
The latest financial statements of Versionx Innovations 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 FY 2018 are in the company report.
The GSTIN of Versionx Innovations is 29AAGCV0149Q1ZO, registered in Karnataka.
The CIN (Corporate Identification Number) of Versionx Innovations is U72900KA2017PTC104714. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Versionx Innovations was incorporated on 17 July 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Versionx Innovations by revenue are Vse Infocom Private Limited, Broadfield Technologies India Private Limited, Digitax India Communications Private Limited, Raptbot Technologies Private Limited, Templar Shield Labs Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Annamalai Manikandan was appointed as Director on 21 Mar 2025. Binay Kishore Jha was appointed as Director on 21 Mar 2025. Mohit Kukreja ceased to be Director on 18 Jan 2021. Versionx Innovations has 7 board changes on record in total.
Yes, Versionx Innovations is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Versionx Innovations is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0090841).
Versionx Innovations can be reached through the website versionx.in. Its registered office is in Bangalore, Karnataka, India.
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