About Vervenest Technologies Private Limited
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Vervenest Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the corporate training and development segment of the education sector. It was incorporated on 28 April 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2016PTC092648. Its GSTIN is 29AAFCV4433N1ZS (Karnataka). The company holds 5 GST registrations, all of them active.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹1.65 Cr. It is led by directors Venubabu Dhanekula and Vishnu Vardhan Kalari.
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 Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.69 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹44.11 Lakh (net margin 4.1%) and EBITDA of ₹89.35 Lakh (EBITDA margin 8.4%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 9% over five years.
The company has about 83 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Vervenest Technologies and Covi Sense. Court records list 1 case involving the company, including 1 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 vervenest.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressJanapriya Hanumareddy Complex Commercial Complex Unit No.1118 Block II, 1st Floor Survey No. 05 Hoodi Village K R Puram Hobli Bengaluru South Taluk, Bangalore, Karnataka, India – 560048
- IndustryEducation, Corporate Training & Development
- 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 Vervenest Technologies Private Limited
The main business activity of Vervenest 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 Vervenest Technologies Private Limited FY 2025 filings available
Vervenest Technologies Private Limited reported revenue of ₹10.69 Cr (down 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Vervenest Technologies Private Limited
Revenue fell 9% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 9%. EBITDA fell 35% 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 Vervenest Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | ₹89.35 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹44.11 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 Vervenest Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.1% | •••• | •••• | •••• | •••• |
| 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 Vervenest Technologies are in the company report.
Financial statements from FY 2017
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 Vervenest Technologies Private Limited
Vervenest Technologies Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (HR Outsourcing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Adam's Managment Services Private Limited | ₹10.71 Cr (FY 2018) | •••• | •••• | -11.0% | •••• | Kolkata, West Bengal, India |
| Tech Conflate Private Limited | ₹10.71 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Hyderabad, Telangana, India |
| Kim Manpower India Private Limited | ₹10.7 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Faridabad, Haryana, India |
| World at Work Private Limited | ₹10.7 Cr (FY 2025) | •••• | •••• | 30.0% | •••• | Pune, Maharashtra, India |
| Innoserv Solutions Private Limited | ₹10.7 Cr (FY 2025) | •••• | •••• | -19.0% | •••• | Pune, Maharashtra, India |
| Vervenest Technologies Private Limited this company | ₹10.69 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Bangalore, Karnataka, India |
| Axionz Global Private Limited | ₹10.69 Cr (FY 2025) | •••• | •••• | 274.0% | •••• | Kozhikode, Kerala, India |
| Quick Staffing Services India Private Limited | ₹10.68 Cr (FY 2025) | •••• | •••• | 38.0% | •••• | Rewari, Haryana, India |
| Perfect Power Transmission Private Limited | ₹10.68 Cr (FY 2024) | •••• | •••• | 66.0% | •••• | Vadodara, Gujarat, India |
| Proteam Management Services Private Limited | ₹10.67 Cr (FY 2024) | •••• | •••• | 471.0% | •••• | Gurgaon, Haryana, India |
| Talent Corner HR Services Private Limited | ₹10.66 Cr (FY 2024) | •••• | •••• | 0.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Vervenest Technologies by revenue in the Outsourcing industry (HR Outsourcing), 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 Vervenest Technologies Private Limited
Vervenest Technologies Private Limited is audited by Girikumar & Associate for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Girikumar & Associate | 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 Vervenest Technologies Private Limited
Vervenest Technologies has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venubabu Dhanekula | Director | 16 Jan 2024 | 2 Years 8 Months | Current |
| Vishnu Vardhan Kalari | Director | 26 Sep 2018 | 8 Years 0 Months | Current |
Ownership and Shareholding of Vervenest 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 Vervenest Technologies Private Limited
Vervenest Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Vervenest Technologies Private Limited
Vervenest Technologies Private Limited has 1 court case on record: 1 filed against it. All case is disposed. Status as checked on 01 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Rangareddy, Telangana | Civil suit | Filed against the company by M/S.Palmeto Solutions | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Vervenest Technologies Private Limited
Vervenest Technologies Private Limited has 4 MSME Form 1 returns on record between 2019 and 2023, listing 9 overdue payments to 6 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 6)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Greytip Software Private Limited | •••• | •••• | •••• |
| Fact Software Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Door Sabha Nigam Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 4 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Vervenest Technologies Private Limited
Vervenest Technologies operates two associated brands: Vervenest Technologies and Covi Sense. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides corporate training and staffing services to enhance business performance. | vervenest.com | |
| Offers a wearable device and mobile app for monitoring body vitals. | covi-sense.com |
Employees and EPFO Compliance at Vervenest Technologies Private Limited
Vervenest Technologies Private Limited has a workforce of 83 employees as of Apr 10, 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.
Group Structure of Vervenest Technologies Private Limited
Vervenest Technologies has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Recent Activity on Vervenest Technologies Private Limited
Vervenest Technologies Private Limited has 6 board changes on record since 2018: 2 appointments and 4 cessations. The latest: Sri Rajavasireddy Ranga Hari Hara Prasad ceased to be Director on 27 Mar 2024.
Credit Ratings, Litigation & Regulatory Alerts for Vervenest 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.
Subsidiaries & Group Companies of Vervenest 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 Vervenest Technologies Private Limited
Vervenest Technologies has 5 GST registrations: 5 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCV4433N1ZS | Karnataka | Active | 01 Jul 2017 |
| 37AAFCV4433N1ZV | Andhra Pradesh | Active | 03 Nov 2020 |
| 06AAFCV4433N1Z0 | Haryana | Active | 10 Aug 2022 |
| 09AAFCV4433N1ZU | Uttar Pradesh | Active | 04 Dec 2022 |
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 Vervenest 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 Vervenest Technologies Private Limited
Vervenest Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in corporate training and development, within the education industry. It was incorporated on 28 April 2016 (10+ years old) and is registered under CIN U72900KA2016PTC092648.
Vervenest Technologies reported revenue of ₹10.69 Cr for FY 2025 (down 9% YoY).
Vervenest Technologies has 2 current directors:
- Venubabu Dhanekula - Director
- Vishnu Vardhan Kalari - Director
Vervenest Technologies reported a net profit of ₹44.11 Lakh (net margin 4.1%) and EBITDA of ₹89.35 Lakh (EBITDA margin 8.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Vervenest Technologies is 7% over three years and 9% over five years. In the latest year (FY 2025) revenue fell 9%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Vervenest Technologies is 29AAFCV4433N1ZS, registered in Karnataka. The company has 5 GST registrations in all, of which 5 are active. Other active GSTINs include 37AAFCV4433N1ZV (Andhra Pradesh), 06AAFCV4433N1Z0 (Haryana), 09AAFCV4433N1ZU (Uttar Pradesh).
The CIN (Corporate Identification Number) of Vervenest Technologies is U72900KA2016PTC092648. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vervenest Technologies has 1 court case on record: 1 filed against it.
Vervenest Technologies was incorporated on 28 April 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Vervenest Technologies by revenue are Adam's Managment Services Private Limited, Tech Conflate Private Limited, Kim Manpower India Private Limited, World at Work Private Limited, Innoserv Solutions Private Limited and 5 more, all in the Outsourcing industry (HR Outsourcing).
Sri Rajavasireddy Ranga Hari Hara Prasad ceased to be Director on 27 Mar 2024. Venubabu Dhanekula was appointed as Director on 16 Jan 2024. Venubabu Dhanekula ceased to be Director on 04 Mar 2021. Vervenest Technologies has 6 board changes on record in total.
Yes, Vervenest Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).