Verve Global Services Private Limited

Verve Global Services Private Limited - business outsourcing in Pune, Maharashtra, India. FY 2026 financials & compliance.
CIN U72900PN2003PTC157411 Incorporated 02 June 2003 ROC Pune HQ Pune, Maharashtra, India
Active Private Limited Company business outsourcing MSME · Micro
Data last updated
Revenue · FY 2025
₹7.39 Cr
▲ 46% YoY
Net profit · FY 2025
₹6.25 Lakh
Net margin 0.8%
EBITDA · FY 2025
₹35.05 Lakh
EBITDA margin 4.7%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹17.99 Lakh
Issued & subscribed
Open charges
₹8.21 Cr
Secured borrowings
Company age
23 yrs
Est. 2003
Employees · EPFO
3
Provident fund records

About Verve Global Services Private Limited

Data last updated:

Verve Global Services Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 02 June 2003 and has been in existence for over 23 years.

The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2003PTC157411. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹17.99 Lakh. It was formerly known as Verve Communications Private Limited. It is led by directors including Channappa Sidramappa Gaddad and Anekant Arvind Jain.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Pune, Maharashtra.

As per the financials filed for FY 2025, the company reported a revenue of ₹7.39 Cr, a growth of 46% compared to the previous year. For the same year it recorded a net profit of ₹6.25 Lakh (net margin 0.8%) and EBITDA of ₹35.05 Lakh (EBITDA margin 4.7%). Revenue has grown at a compounded annual rate (CAGR) of 47% over three years and 32% over five years.

The company has about 3 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Verve Global Services. As per MCA filings, the company has open charges of ₹8.21 Cr on record. Court records list 3 cases involving the company, including 3 filed against it.

Verve Global Services Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0119009). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vervegs.com.

Company details

CIN U72900PN2003PTC157411
Registration Number 157411
Incorporation Date 02 June 2003
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-26-0119009

CIN history

Verve Global Services has one previous CIN (Corporate Identification Number): U72900MH2003PTC140678. The current CIN is U72900PN2003PTC157411, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U72900PN2003PTC157411Current
U72900MH2003PTC140678Previous

Recognitions & Rankings of Verve Global Services

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-MH-26-0119009

Contact details

Verve Global Services Private Limited's registered office is in Pune, Maharashtra. Its website is vervegs.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    102 Dorabjee Classic, Lane No. 5 Iricen Railway Colony, Pune, Maharashtra, India – 411001
  • Industry
    Business Outsourcing, HR Outsourcing & Talent Management, Business Process Outsourcing

To see the full contact details of Verve Global Services Private Limited, buy the company report.

Comprehensive company report
Verve Global Services 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

Verve Global Services operates one associated brand: Verve Global Services. Each brand links to its own profile.

BrandDescriptionWebsite
Provides recruitment services to match organizations with qualified candidates.vervegs.com

Business activity

The main business activities of Verve Global Services are information and communication and support service to organizations. In detail, this covers data processing, hosting and related activities; web portal and other support services to organizations. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ7Data processing, hosting and related activities; web portal
NSupport service to OrganizationsN7Other support services to organizations

To see the full business activity and turnover split of Verve Global Services Private Limited, buy the company report.

Financials of Verve Global Services Private Limited

FY 2025 filings available

Verve Global Services Private Limited reported revenue of ₹7.39 Cr (up 46% YoY) for FY 2025.

Revenue · FY 2025
₹7.39 Cr ▲ 46%
Net profit · FY 2025
₹6.25 Lakh margin 0.8%
EBITDA · FY 2025
₹35.05 Lakh margin 4.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 46%
3 years · compounded
▲ 47%
5 years · compounded
▲ 32%
EBITDA CAGR growth
1 year
▲ 9%
3 years · compounded
▲ 25%
5 years · compounded
▼ 12%

Revenue has grown at a compounded annual rate (CAGR) of 32% over five years, including 46% growth in the latest year. EBITDA rose 9% 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₹35.05 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹6.25 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 Margin4.7%
Net Profit Margin0.8%
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 Verve Global Services Private Limited, buy the company report.

Board of directors of Verve Global Services Private Limited

Verve Global Services has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors

Auditor

Verve Global Services Private Limited is audited by M K R S & ASSOCIATES LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
M K R S & ASSOCIATES LLPFY 2023104857W

Shareholding

The shareholding of Verve Global Services 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 Verve Global Services Private Limited, buy the company report.

Charges & borrowings

Open charges
₹8.21 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹8.21 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
05 May 2016100388572Others₹4.5 CrOpen
10 Mar 201510561399Others₹1.03 CrOpen
16 Feb 201510560793Others₹1.34 CrOpen
16 Feb 201510560794Others₹1.34 CrOpen

To see the full charge records of Verve Global Services Private Limited, buy the company report.

Total charge records: 4 View all charges

MSME payment delays

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

Employees & EPFO

Verve Global Services Private Limited has a workforce of 3 employees on its EPFO records as of Mar 27, 2024, across 1 active EPFO establishment.

Employee count
3
Active EPFO establishments
1
Employee growth
-25%

GST

Verve Global Services has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of Verve Global Services Private Limited, buy the company report.

Recent activity

Verve Global Services Private Limited has 8 board changes on record since 2003: 3 appointments and 5 cessations. The latest: Raghava Ram Lakhotia was appointed as Director on 01 Apr 2025.

AGM
Verve Global Services Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Appointed
Raghava Ram Lakhotia was appointed as Director.
Filing
Verve Global Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Charges
A charge with Others of Rs. 102.71 Lakh registered on 10 Mar 2015 with Charge ID 10561399 was modified on 29 Mar 2023.
Charges
A charge with Others of Rs. 133.95 Lakh registered on 16 Feb 2015 with Charge ID 10560793 was modified on 29 Mar 2023.
Charges
A charge with Others of Rs. 133.95 Lakh registered on 16 Feb 2015 with Charge ID 10560794 was modified on 29 Mar 2023.
Ceased
Channappa Sidramappa Gaddad ceased to be Additional Director.
Ceased
Bhajanlal Hariram Vishnoi ceased to be Additional Director.
Appointed
Channappa Sidramappa Gaddad was appointed as Director.
Ceased
Tejal Pratyush Bhartiya ceased to be Director.
Ceased
Pratyush Jaiprakash Bhartiya ceased to be Director.
Charges
A charge with Others amounted to Rs. 450.00 Lakh with Charge ID 100388572 was registered on 05 May 2016.

6 earlier events are in the company report.

Frequently asked questions

Verve Global Services is an active private limited company based in Pune, Maharashtra, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 02 June 2003 (23+ years old) and is registered under CIN U72900PN2003PTC157411.

Verve Global Services has 3 current directors:

The latest financial statements of Verve Global Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

No. Verve Global Services has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of Verve Global Services is U72900PN2003PTC157411. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Verve Global Services has 3 court cases on record: 3 filed against it. Most are in the district courts.

Verve Global Services was incorporated on 02 June 2003, making it 23+ years old. It is registered with the Registrar of Companies, Pune.

Raghava Ram Lakhotia was appointed as Director on 01 Apr 2025. Channappa Sidramappa Gaddad ceased to be Additional Director on 30 Sep 2022. Bhajanlal Hariram Vishnoi ceased to be Additional Director on 07 Sep 2020. Verve Global Services has 8 board changes on record in total.

Yes, Verve Global Services is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0119009).

Verve Global Services can be reached through the website vervegs.com. Its registered office is in Pune, Maharashtra, India.