About Virtual Verity Scale Private Limited
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Virtual Verity Scale Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 28 September 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2018PTC117018.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Sagar Babber (Managing Director) and Satish Chandra Babber.
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 Sh – 2 Shriram Spandhana Behind Hal Airport Challaghatta Marathahalli Colony, Bangalore, Karnataka, India – 560037.
As per the financials filed for FY 2024, the company reported a revenue of ₹36.39 Lakh, a decline of 53% compared to the previous year. For the same year it recorded a net profit of ₹51,900 (net margin 1.4%) and EBITDA of ₹70,136 (EBITDA margin 1.9%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 27% over five years.
The company is associated with 1 brand: VerityScale.
For more details, the company can be reached via its website verityscale.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressSh – 2 Shriram Spandhana Behind Hal Airport Challaghatta Marathahalli Colony, Bangalore, Karnataka, India – 560037
- IndustryInformation Technology, Application Development & Software Solutions
- 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
Associated Brands with Virtual Verity Scale Private Limited
Virtual Verity Scale operates one associated brand: VerityScale. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides comprehensive software solutions for fitness studio management. | verityscale.com |
Competitors & Alternatives of Virtual Verity Scale Private Limited
Brands and companies operating in the same space as Virtual Verity Scale Private Limited include Intuit, Visma, Clear and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Intuit | Financial and accounting software is developed for businesses and individuals. | Mountain View, United States | 1983 |
 Visma | Cloud-based ERP software is provided for business management across segments. | Oslo, Norway | 1996 |
 Clear | Technology-enabled accounting and finance solutions are offered for SMBs. | Bengaluru, India | 2011 |
 Mindbody | Provider of SaaS-driven business management software for beauty salons and fitness centers | San Luis Obispo, United States | 2001 |
 Found | Accounting and bookkeeping solutions are provided for small businesses. | San Francisco, United States | 2019 |
 Xero | Cloud-based accounting and payment management is offered for small businesses. | Wellington, New Zealand | 2006 |
 FreeAgent | Cloud-based accounting software is provided for small businesses and freelancers. | Edinburgh, United Kingdom | 2007 |
 FreshBooks | Cloud-based invoicing and accounting software is offered for businesses. | Toronto, Canada | 2003 |
 Wave | Web-based accounting software is offered for business use. | Toronto, Canada | 2010 |
Business Activity of Virtual Verity Scale Private Limited
The main business activity of Virtual Verity Scale 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.
Board of Directors of Virtual Verity Scale Private Limited
Virtual Verity Scale has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Satish Chandra Babber Also directs: Snyxius Technologies Private Limited | Director | 28 Sep 2018 | 8 Years 0 Months | Current |
| Sagar Babber Also directs: Snyxius Technologies Private Limited | Managing Director | 14 Sep 2020 | 6 Years 0 Months | Current |
| Sunita Babber Also directs: Snyxius Technologies Private Limited | Director | 28 Sep 2018 | 8 Years 0 Months | Current |
Financials of Virtual Verity Scale Private Limited FY 2025 filings available
Virtual Verity Scale Private Limited reported revenue of ₹36.39 Lakh (down 53% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Virtual Verity Scale Private Limited
Revenue fell 53% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 27%. EBITDA fell 36% 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 Virtual Verity Scale Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹70,136 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹51,900 | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Virtual Verity Scale Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.4% | •••• | •••• | •••• | •••• |
| 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 Virtual Verity Scale are in the company report.
Financial statements from FY 2019
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.
Ownership and Shareholding of Virtual Verity Scale 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 Virtual Verity Scale Private Limited
Virtual Verity Scale Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Virtual Verity Scale Private Limited
Employment history and EPFO contributions of people linked to Virtual Verity Scale.
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.
GST Compliance of Virtual Verity Scale Private Limited
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.
Credit Ratings, Litigation & Regulatory Alerts for Virtual Verity Scale 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.
MSME Payment Delays by Virtual Verity Scale Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Virtual Verity Scale 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.
MCA Filings & Documents of Virtual Verity Scale 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.
Recent Activity on Virtual Verity Scale Private Limited
Frequently Asked Questions about Virtual Verity Scale Private Limited
Virtual Verity Scale is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 28 September 2018 (8+ years old) and is registered under CIN U74999KA2018PTC117018.
Virtual Verity Scale reported revenue of ₹36.39 Lakh for FY 2024 (down 53% YoY).
Virtual Verity Scale has 3 current directors:
- Sagar Babber - Managing Director
- Satish Chandra Babber - Director
- Sunita Babber - Director
Virtual Verity Scale reported a net profit of ₹51,900 (net margin 1.4%) and EBITDA of ₹70,136 (EBITDA margin 1.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Virtual Verity Scale is 20% over three years and 27% over five years. In the latest year (FY 2024) revenue fell 53%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Virtual Verity Scale is U74999KA2018PTC117018. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Virtual Verity Scale was incorporated on 28 September 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
Virtual Verity Scale can be reached through the website verityscale.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Virtual Verity Scale is at Sh – 2 Shriram Spandhana Behind Hal Airport Challaghatta Marathahalli Colony, Bangalore, Karnataka, India – 560037.