About Virgo Innovation Private Limited
Data last updated:
Virgo Innovation 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 22 December 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72200PN2016PTC167639. Its GSTIN is 27AAFCV7185F1ZY (Maharashtra).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.65 Cr. It is led by directors Yatin Kamlakar Purandare and Alok Yatin Purandare.
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 2 A J Classic Plot No. 1 5 Karve Nagar Aparna House, Pune, Maharashtra, India – 411052.
As per the financials filed for FY 2025, the company reported a revenue of ₹14.39 Lakh, a decline of 76% compared to the previous year. For the same year it recorded a net loss of ₹76.45 Lakh and EBITDA of ₹12.17 Lakh (EBITDA margin 84.6%). Revenue has grown at a compounded annual rate (CAGR) of 93% over three years.
The company has about 2 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: VirGo.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website virgoinnovation.com.
Company details
Contact details
Virgo Innovation Private Limited's registered office is in Pune, Maharashtra. Its website is virgoinnovation.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address2 A J Classic Plot No. 1 5 Karve Nagar Aparna House, Pune, Maharashtra, India – 411052
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Virgo Innovation 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
Virgo Innovation operates one associated brand: VirGo. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers augmented reality-based remote assistance solutions. | virgoinnovation.com |
Business activity
The main business activity of Virgo Innovation 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 Virgo Innovation Private Limited, buy the company report.
Financials of Virgo Innovation Private Limited
FY 2025 filings availableVirgo Innovation Private Limited reported revenue of ₹14.39 Lakh (down 76% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 76% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 93%. EBITDA fell 79% 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 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 | ₹12.17 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹76.45 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 84.6% | ||||
| Net Profit Margin | |||||
| 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 Virgo Innovation Private Limited, buy the company report.
Board of directors of Virgo Innovation Private Limited
Virgo Innovation has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yatin Kamlakar Purandare | Director | 22 Dec 2016 | 9 Years 10 Months | Current |
| Alok Yatin Purandare | Director | 01 Oct 2020 | 6 Years 0 Months | Current |
Peer comparison
Virgo Innovation 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 |
|---|---|---|---|---|---|---|
| Kayr Technologies Private Limited | ₹14.41 Lakh (FY 2023) | -44.0% | Bangalore, Karnataka, India | |||
| Eezee Technologies Private Limited | ₹14.4 Lakh (FY 2020) | 129.0% | Hyderabad, Telangana, India | |||
| Hiremath Software Solutions Private Limited | ₹14.4 Lakh (FY 2017) | -82.0% | Hyderabad, Telangana, India | |||
| Groupin Solutions India Private Limited | ₹14.4 Lakh (FY 2025) | Hyderabad, Telangana, India | ||||
| Itonic Software Private Limited | ₹14.39 Lakh (FY 2022) | New Delhi, Delhi, India | ||||
| Virgo Innovation Private Limitedthis company | ₹14.39 Lakh (FY 2025) | -₹76.45 Lakh | -76.0% | 2 | Pune, Maharashtra, India | |
| Dataprime Technologies Private Limited | ₹14.39 Lakh (FY 2023) | Coimbatore, Tamil Nadu, India | ||||
| Silicom Media Networks Private Limited | ₹14.39 Lakh (FY 2019) | Bangalore, Karnataka, India | ||||
| Indiataj Softech Limited | ₹14.38 Lakh (FY 2017) | 8.0% | Delhi, India | |||
| Indizeal Software Solutions Private Limited | ₹14.38 Lakh (FY 2024) | -62.0% | Bangalore, Karnataka, India | |||
| Ryms Numbers Private Limited | ₹14.38 Lakh (FY 2025) | 732.0% | Bhubaneswar, Odisha, India |
To see the full peer comparison of Virgo Innovation Private Limited, buy the company report.
Auditor
Virgo Innovation Private Limited is audited by SANJIV S. YEOLEKAR for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANJIV S. YEOLEKAR | FY 2022 | 036398 |
Shareholding
The shareholding of Virgo Innovation Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | 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 Virgo Innovation Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Virgo Innovation 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 Virgo Innovation Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Virgo Innovation has 4 associated companies. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
Employees & EPFO
Virgo Innovation Private Limited has a workforce of 2 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
GST
Virgo Innovation has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCV7185F1ZY | Maharashtra | Active | 21 Jul 2017 |
To see the full GST registrations and return filing status of Virgo Innovation Private Limited, buy the company report.
Recent activity
Virgo Innovation Private Limited has 4 board changes on record since 2016: 2 appointments and 2 cessations. The latest: Abhijit Madhav Laghate ceased to be Director on 31 Dec 2020.
Frequently asked questions
Virgo Innovation 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 22 December 2016 (10+ years old) and is registered under CIN U72200PN2016PTC167639.
Virgo Innovation has 2 current directors:
- Yatin Kamlakar Purandare - Director
- Alok Yatin Purandare - Director
The latest financial statements of Virgo Innovation 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 FY 2017 are in the company report.
The GSTIN of Virgo Innovation is 27AAFCV7185F1ZY, registered in Maharashtra.
The CIN (Corporate Identification Number) of Virgo Innovation is U72200PN2016PTC167639. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Virgo Innovation was incorporated on 22 December 2016, making it 10+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Virgo Innovation by revenue are Kayr Technologies Private Limited, Eezee Technologies Private Limited, Hiremath Software Solutions Private Limited, Groupin Solutions India Private Limited, Itonic Software Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Abhijit Madhav Laghate ceased to be Director on 31 Dec 2020. Alok Yatin Purandare ceased to be Additional Director on 31 Dec 2020. Alok Yatin Purandare was appointed as Director on 01 Oct 2020. Virgo Innovation has 4 board changes on record in total.
Virgo Innovation can be reached through the website virgoinnovation.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Virgo Innovation is at 2 A J Classic Plot No. 1 5 Karve Nagar Aparna House, Pune, Maharashtra, India – 411052.
Virgo Innovation operates in the information technology industry, in the IT consulting and support services segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
