About Verve Systems Private Limited
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Verve Systems Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 18 May 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72200GJ2009PTC056967. Its GSTIN is 24AACCV9983E1ZZ (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Chirendu Gupta and Pranita Chirendu Gupta.
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 A2 – 703 Green Acres Opp. Auda Lake Prahladnagar, Ahmedabad, Gujarat, India – 380015.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.51 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹1.42 Lakh (net margin 0.4%) and EBITDA of ₹16.87 Lakh (EBITDA margin 4.8%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 1% over five years.
The company has about 16 employees on its provident fund (EPFO) records.
The company is associated with 3 brands: Verve Systems, Cognitio Design and Offshore Mobile. Court records list 2 cases involving the company, including 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vervesys.com.
Company details
Contact details
Verve Systems Private Limited's registered office is in Ahmedabad, Gujarat. Its website is vervesys.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressA2 – 703 Green Acres Opp. Auda Lake Prahladnagar, Ahmedabad, Gujarat, India – 380015
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Verve Systems Private Limited, buy the company report.
- 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
Brands
Verve Systems operates multiple associated brands including Verve Systems, Cognitio Design, and Offshore Mobile. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides custom software development, outsourcing, and mobile app services globally. | vervesys.com | |
| Branding and UX design agency specializing in web and mobile development services. | cognitiodesign.com | |
| Software development and consulting services are provided in mobile apps, game development, and IT solutions. | offshoremobiledevelopment.com |
Business activity
The main business activity of Verve Systems is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Verve Systems Private Limited, buy the company report.
Financials of Verve Systems Private Limited
FY 2025 filings availableVerve Systems Private Limited reported revenue of ₹3.51 Cr (down 9% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 9% fall in the latest year. EBITDA fell 53% 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 | ₹16.87 Lakh | ||||
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| Net Profit (PAT) | ₹1.42 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 4.8% | ||||
| Net Profit Margin | 0.4% | ||||
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To see the full financial statements and ratios of Verve Systems Private Limited, buy the company report.
Board of directors of Verve Systems Private Limited
Verve Systems has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chirendu Gupta | Director | 18 May 2009 | 17 Years 5 Months | Current |
| Pranita Chirendu Gupta | Director | 18 May 2009 | 17 Years 5 Months | Current |
Peer comparison
Verve Systems Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mandy Technologies Private Limited | ₹3.52 Cr (FY 2025) | 24.0% | Coimbatore, Tamil Nadu, India | |||
| Realcoderz Technologies Private Limited | ₹3.51 Cr (FY 2025) | -17.0% | Noida, Uttar Pradesh, India | |||
| Extendo Technologies Private Limited | ₹3.51 Cr (FY 2025) | 60.0% | Madurai, Tamil Nadu, India | |||
| Aimbys Solutions Private Limited | ₹3.51 Cr (FY 2025) | -14.0% | Ahmedabad, Gujarat, India | |||
| Trabacus Technologies Private Limited | ₹3.51 Cr (FY 2024) | 11.0% | Bangalore, Karnataka, India | |||
| Verve Systems Private Limited this company | ₹3.51 Cr (FY 2024) | ₹1.42 Lakh | 0.4% | -9.0% | 16 | Ahmedabad, Gujarat, India |
| N2k Info Systems Private Limited | ₹3.51 Cr (FY 2021) | -45.0% | Vijayawada, Andhra Pradesh, India | |||
| Thajes Technocraft Private Limited | ₹3.5 Cr (FY 2025) | 18.0% | Coimbatore, Tamil Nadu, India | |||
| CJP Technologies Private Limited | ₹3.5 Cr (FY 2025) | 55.0% | Bangalore, Karnataka, India | |||
| Leanswift Solutions India Private Limited | ₹3.5 Cr (FY 2025) | 274.0% | Chennai, Tamil Nadu, India | |||
| Maksym IT Services Private Limited | ₹3.49 Cr (FY 2024) | -13.0% | Bhubaneswar, Odisha, India |
To see the full peer comparison of Verve Systems Private Limited, buy the company report.
Auditor
Verve Systems Private Limited is audited by SAMIR M SHAH & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SAMIR M SHAH & ASSOCIATES | FY 2023 | 122377W |
Shareholding
The shareholding of Verve Systems 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
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| Others |
To see the full shareholding pattern of Verve Systems Private Limited, buy the company report.
Legal cases
Verve Systems Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Government Labour Officer and Bonus Payment Supervisor | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Government Labour Officer and Gratuity Payment Supervisor | Disposed |
To see the full case history of Verve Systems Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Verve Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Verve Systems Private Limited has a workforce of 16 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Verve Systems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCV9983E1ZZ | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Verve Systems Private Limited, buy the company report.
Recent activity
Verve Systems Private Limited has 2 board changes on record since 2009: 2 appointments. The latest: Chirendu Gupta was appointed as Director on 18 May 2009.
Frequently asked questions
Verve Systems is an active private limited company based in Ahmedabad, Gujarat, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 18 May 2009 (17+ years old) and is registered under CIN U72200GJ2009PTC056967.
Verve Systems has 2 current directors:
- Chirendu Gupta - Director
- Pranita Chirendu Gupta - Director
The latest financial statements of Verve Systems 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.
The GSTIN of Verve Systems is 24AACCV9983E1ZZ, registered in Gujarat.
The CIN (Corporate Identification Number) of Verve Systems is U72200GJ2009PTC056967. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Verve Systems has 2 court cases on record: 2 filed against it.
Verve Systems was incorporated on 18 May 2009, making it 17+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Verve Systems by revenue are Mandy Technologies Private Limited, Realcoderz Technologies Private Limited, Extendo Technologies Private Limited, Aimbys Solutions Private Limited, Trabacus Technologies Private Limited and 5 more, all in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.).
Chirendu Gupta was appointed as Director on 18 May 2009. Pranita Chirendu Gupta was appointed as Director on 18 May 2009.
Verve Systems can be reached through the website vervesys.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Verve Systems is at A2 – 703 Green Acres Opp. Auda Lake Prahladnagar, Ahmedabad, Gujarat, India – 380015.