About Verve Digital Technologies Private Limited
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Verve Digital Technologies Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 11 August 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72300PN2015PTC156136. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Shailaja S Gujar and Kunal Kailash Boyatkar.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at World Trade Centre 2 Unit No. 219 Near Eon IT Park Kharadi, Pune, Maharashtra, India – 411014.
As per the financials filed for FY 2019, the company reported a revenue of ₹5.03 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹26.51 Lakh (net margin 5.3%) and EBITDA of ₹45.58 Lakh (EBITDA margin 9.1%). Revenue has grown at a compounded annual rate (CAGR) of 115% over three years.
The company has about 20 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹60 Lakh 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 vervedigitech.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressWorld Trade Centre 2 Unit No. 219 Near Eon IT Park Kharadi, Pune, Maharashtra, India – 411014
- IndustryInformation Technology, IT Consulting & Support Services
- 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
Business Activity of Verve Digital Technologies Private Limited
The main business activity of Verve Digital Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Verve Digital Technologies Private Limited FY 2019 filings available
Verve Digital Technologies Private Limited reported revenue of ₹5.03 Cr (up 2% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of Verve Digital Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 115% over three years, including 2% growth in the latest year. EBITDA rose 85% 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 Verve Digital Technologies Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹5.03 Cr | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | ₹45.58 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹26.51 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 Verve Digital Technologies Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 9.1% | •••• | •••• | •••• |
| Net Profit Margin | 5.3% | •••• | •••• | •••• |
| 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 Verve Digital Technologies are in the company report.
Financial statements from FY 2016
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.
Peer Comparison of Verve Digital Technologies Private Limited
Verve Digital Technologies Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Consulting and Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Spacefaring Technologies Private Limited | ₹5.04 Cr (FY 2024) | •••• | •••• | 3934.0% | •••• | Bangalore, Karnataka, India |
| Cloverbridge Technologies Private Limited | ₹5.04 Cr (FY 2024) | •••• | •••• | 9.0% | •••• | Chennai, Tamil Nadu, India |
| Gateway Technolabs Private Limited | ₹5.04 Cr (FY 2025) | •••• | •••• | -40.0% | •••• | Ahmedabad, Gujarat, India |
| Piyush Buildcon India Private Limited | ₹5.04 Cr (FY 2025) | •••• | •••• | -14.0% | •••• | Delhi, India |
| Thinkseed Systems Private Limited | ₹5.03 Cr (FY 2025) | •••• | •••• | 38.0% | •••• | Bangalore, Karnataka, India |
| Verve Digital Technologies Private Limited this company | ₹5.03 Cr (FY 2019) | •••• | •••• | 2.0% | •••• | Pune, Maharashtra, India |
| Cipher Dynamics IT Services Private Limited | ₹5.02 Cr (FY 2023) | •••• | •••• | -4.0% | •••• | New Delhi, Delhi, India |
| Maharishi Information Technology Private Limited | ₹5.01 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | New Delhi, Delhi, India |
| Shiv Shanti Infoline Private Limited | ₹5.01 Cr (FY 2025) | •••• | •••• | 146.0% | •••• | Kolkata, West Bengal, India |
| GCS Automation Private Limited | ₹5.01 Cr (FY 2024) | •••• | •••• | 10.0% | •••• | Mumbai, Maharashtra, India |
| Debnar Corpsol Private Limited | ₹5.01 Cr (FY 2024) | •••• | •••• | 31.0% | •••• | Bhubaneswar, Orissa, India |
Peers are the five companies nearest above and the five nearest below Verve Digital Technologies by revenue in the Information Technology industry (IT Consulting and Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Verve Digital Technologies Private Limited
Verve Digital Technologies Private Limited is audited by K J S AND ASSOCIATES for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K J S AND ASSOCIATES | 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 Verve Digital Technologies Private Limited
Verve Digital Technologies has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shailaja S Gujar | Director | 11 Aug 2015 | 11 Years 1 Months | Current |
| Kunal Kailash Boyatkar | Director | 11 Aug 2015 | 11 Years 1 Months | Current |
Ownership and Shareholding of Verve Digital Technologies 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 Verve Digital Technologies Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Feb 2020 | Axis Bank Limited | ₹60 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Verve Digital Technologies Private Limited
Verve Digital Technologies Private Limited has a workforce of 20 employees as of Apr 02, 2024.
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.
Recent Activity on Verve Digital Technologies Private Limited
Verve Digital Technologies Private Limited has 2 board changes on record since 2015: 2 appointments. The latest: Kunal Kailash Boyatkar was appointed as Director on 11 Aug 2015.
Credit Ratings, Litigation & Regulatory Alerts for Verve Digital Technologies 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 Verve Digital Technologies 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 Verve Digital Technologies 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.
GST Compliance of Verve Digital Technologies Private Limited
Verve Digital Technologies 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.
MCA Filings & Documents of Verve Digital Technologies 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.
Frequently Asked Questions about Verve Digital Technologies Private Limited
Verve Digital Technologies is an active private limited company based in Pune, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 11 August 2015 (11+ years old) and is registered under CIN U72300PN2015PTC156136.
Verve Digital Technologies reported revenue of ₹5.03 Cr for FY 2019 (up 2% YoY).
Verve Digital Technologies has 2 current directors:
- Shailaja S Gujar - Director
- Kunal Kailash Boyatkar - Director
Verve Digital Technologies reported a net profit of ₹26.51 Lakh (net margin 5.3%) and EBITDA of ₹45.58 Lakh (EBITDA margin 9.1%) for FY 2019, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Verve Digital Technologies is 115% over three years. In the latest year (FY 2019) revenue rose 2%. CAGR is the steady yearly rate that links the first and the last year.
No. Verve Digital Technologies has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Verve Digital Technologies is U72300PN2015PTC156136. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Verve Digital Technologies was incorporated on 11 August 2015, making it 11+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Verve Digital Technologies by revenue are Spacefaring Technologies Private Limited, Cloverbridge Technologies Private Limited, Gateway Technolabs Private Limited, Piyush Buildcon India Private Limited, Thinkseed Systems Private Limited and 5 more, all in the Information Technology industry (IT Consulting and Services).
Kunal Kailash Boyatkar was appointed as Director on 11 Aug 2015. Shailaja S Gujar was appointed as Director on 11 Aug 2015.
Verve Digital Technologies can be reached through the website vervedigitech.com. Its registered office is in Pune, Maharashtra, India.