Virtual Logic Systems Private Limited - Company Profile

It is a information technology private limited company based in Bangalore, Karnataka, India, established in 2006.

2006 Bangalore, Karnataka, India Dissolved (Liquidated)

Last Updated: July 26, 2025

About Virtual Logic Systems Private Limited

Virtual Logic Systems Private Limited, a dissolved (liquidated) private limited company, was established on 16 January 2006 in Bangalore, Karnataka, India. Engaging in application development & software solutions within the information and communication sector, it holds CIN: U72200KA2006PTC038258. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹7.00 Cr and a paid-up capital of ₹5.54 Cr.

It upholds a active non-compliant status. Employing 41 professional, Its leadership includes Surya Prakash Mysore Srinivasa Murthy (Director), Sudarshan Ramachandraiah (Managing Director). Past directors included Niraj Gelli, Murali Damodaran Cherat, Vishnu Bhoopal Gorantala. It holds ₹2.50 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2017, with the balance sheet filed on 31 March 2017. It is based at No.571/1/2/3, 2Nd Floor, East-Wing, Krishna Kamala Uttarahalli,, Bangalore, Karnataka, 560061.

Company Details

CIN/LLPIN
U72200KA2006PTC038258
Registration Number
038258
Incorporation Date
16 January 2006
Authorized Capital
₹7.00 Cr
Paid-Up Capital
₹5.54 Cr
ROC Code
Roc Bangalore
Listing Status
Unlisted
Company Status
Dissolved (Liquidated)

Key Metrics

Authorised Capital ₹ 7.00 Cr as on 26-07-2025
Paid Up Capital ₹ 5.54 Cr as on 26-07-2025
Company Age 20 Year, 1 Month
Last Filing with ROC 31 Mar 2017
Open Charges ₹ 2.50 Cr as on 26-07-2025
Revenue Growth **** 56.00% (FY 2017)
Profit Growth **** 88.16% (FY 2017)
Ebitda **** 75.73% (FY 2017)
Net Worth -5.56% (FY 2017)
Total Assets -2.66% (FY 2017)

Comprehensive Company Insights

Explore comprehensive insights into Virtual Logic Systems Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Virtual Logic Systems Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Surya Prakash Mysore Srinivasa Murthy	Director	16 Jan 2006	Current
Sudarshan Ramachandraiah	Managing Director	16 Jan 2006	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Nominee Director	15 Mar 2017	Past
Pramod Abcsdd	Additional Director	28 Sep 2013	Past
Pramod Abcsdd	Director	15 Mar 2017	Past

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Financial Performance of Virtual Logic Systems.

Virtual Logic Systems Private Limited, for the financial year ended 2017, experienced significant growth in revenue, with a 56% increase. The company also saw a substantial improvement in profitability, with a 88.16% increase in profit. The company's net worth dipped by a decrease of 5.56%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

56.00%

*******

Revenue from Operations

*******

-63.64%

*******

Total Assets

*******

-2.66%

*******

Profit or Loss

*******

88.16%

*******

Net Worth

*******

-5.56%

*******

EBITDA

*******

75.73%

*******

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What is the Ownership and Shareholding Structure of Virtual Logic Systems?

In 2017, Virtual Logic Systems had a promoter holding of 42.46% and a public holding of 57.54%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹25,000,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

Technology Development Board : 2.50 Cr

Latest Charge Details

Date	Lender	Amount	Status
26 Jul 2012	Technology Development Board	₹2.50 Cr	Open

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How Many Employees Work at Virtual Logic Systems?

Unlock and access historical data on people associated with Virtual Logic Systems, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Virtual Logic Systems, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Virtual Logic Systems's trajectory.

Rating

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Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Virtual Logic Systems

Recent Activity within the Organization

Annual General Meeting

Virtual Logic Systems Private Limited last Annual general meeting of members was held on 30 Sep 2017 as per latest MCA records. was recorded as a recent event.
30 Sep 2017
Balance Sheet

Progress on Virtual Logic Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Bangalore. was documented.
31 Mar 2017
Charges

A charge with Technology Development Board amounted to Rs. 2.50 Cr with Charge ID 10369504 was registered on 26 Jul 2012. was recorded as a recent event.
26 Jul 2012
Director Appointment

Progress on Surya Prakash Mysore Srinivasa Murthy was appointed as a Director was appointed as a Director on 16 Jan 2006 & has been associated with this company since 20 years 1 month . was documented.
16 Jan 2006
Director Appointment

Sudarshan Ramachandraiah was appointed as a Managing Director was appointed as a Managing Director on 16 Jan 2006 & has been associated with this company since 20 years 1 month . was recorded as a recent event.
16 Jan 2006
Company Incorporation

Progress on Virtual Logic Systems Private Limited was registered on 16 Jan 2006 with Roc Bangalore & aged 20 years 1 month as per MCA records. was documented.
16 Jan 2006

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