About Virtualize Technologies Private Limited
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Virtualize Technologies Private Limited is a private limited company based in Mohali, Punjab, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 06 May 2022.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U72900PB2022PTC055870. Its GSTIN is 03AAICV7226J1Z6 (Punjab).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Himanshu Bansal and Sanchit Bansal.
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 E – 302 Industrial Area Phase 8 – A, Mohali, Punjab, India – 160070.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.05 Cr, a growth of 77% compared to the previous year. For the same year it recorded a net loss of ₹25.24 Lakh (net margin -12.3%) and EBITDA of -₹24.07 Lakh (EBITDA margin -11.7%).
The company has about 4 employees on its provident fund (EPFO) records.
For more details, the company can be reached via its website virtualizetechnologies.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressE – 302 Industrial Area Phase 8 – A, Mohali, Punjab, India – 160070
- 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
Business Activity of Virtualize Technologies Private Limited
The main business activity of Virtualize 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 Virtualize Technologies Private Limited FY 2025 filings available
Virtualize Technologies Private Limited reported revenue of ₹2.05 Cr (up 77% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Virtualize Technologies Private Limited
Revenue rose 77% in the latest year. EBITDA rose 57% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Virtualize Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| 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 | -₹24.07 Lakh | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | -₹25.24 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 Virtualize Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -11.7% | •••• | •••• |
| Net Profit Margin | -12.3% | •••• | •••• |
| 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 Virtualize Technologies are in the company report.
Financial statements from FY 2023
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 Virtualize Technologies Private Limited
Virtualize Technologies Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Innothoughts Systems Private Limited | ₹2.05 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Pune, Maharashtra, India |
| Ashoka Today Technology Private Limited | ₹2.05 Cr (FY 2025) | •••• | •••• | 49.0% | •••• | Jaipur, Rajasthan, India |
| Barsol Technology Private Limited | ₹2.05 Cr (FY 2024) | •••• | •••• | 30.0% | •••• | New Delhi, Delhi, India |
| Air Infotech Services Private Limited | ₹2.05 Cr (FY 2023) | •••• | •••• | -83.0% | •••• | Nagpur, Maharashtra, India |
| Progreva Private Limited | ₹2.05 Cr (FY 2024) | •••• | •••• | 148.0% | •••• | Pune, Maharashtra, India |
| Virtualize Technologies Private Limited this company | ₹2.05 Cr (FY 2025) | •••• | •••• | 77.0% | •••• | Mohali, Punjab, India |
| Realpha Techcorp Private Limited | ₹2.05 Cr (FY 2025) | •••• | •••• | 65.0% | •••• | Bangalore, Karnataka, India |
| Fossaro Private Limited | ₹2.05 Cr (FY 2025) | •••• | •••• | 8084.0% | •••• | Gurgaon, Haryana, India |
| Ruah Tech Solutions Private Limited | ₹2.05 Cr (FY 2024) | •••• | •••• | -65.0% | •••• | Chennai, Tamil Nadu, India |
| Axlr Data Private Limited | ₹2.05 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Serilingampalli, Hyderabad, Telangana, India |
| Sarang Soft India Private Limited | ₹2.05 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Virtualize Technologies by revenue in the same principal business activity (Computer programming, consultancy and related activities), 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 Virtualize Technologies Private Limited
Virtualize Technologies Private Limited is audited by AMITKUMARARORA for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| AMITKUMARARORA | 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 Virtualize Technologies Private Limited
Virtualize Technologies has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Himanshu Bansal | Director | 06 May 2022 | 4 Years 5 Months | Current |
| Sanchit Bansal | Director | 06 May 2022 | 4 Years 5 Months | Current |
Ownership and Shareholding of Virtualize 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 Virtualize Technologies Private Limited
Virtualize Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Virtualize Technologies Private Limited
Virtualize Technologies Private Limited has a workforce of 4 employees as of Apr 06, 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.
Recent Activity on Virtualize Technologies Private Limited
Virtualize Technologies Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Himanshu Bansal was appointed as Director on 06 May 2022.
Credit Ratings, Litigation & Regulatory Alerts for Virtualize 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.
MSME Payment Delays by Virtualize Technologies 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 Virtualize 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 Virtualize Technologies Private Limited
Virtualize Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAICV7226J1Z6 | Punjab | Active | 27 Jun 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 Virtualize 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 Virtualize Technologies Private Limited
Virtualize Technologies is an active private limited company based in Mohali, Punjab, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 06 May 2022 (4+ years old) and is registered under CIN U72900PB2022PTC055870.
Virtualize Technologies reported revenue of ₹2.05 Cr for FY 2025 (up 77% YoY).
Virtualize Technologies has 2 current directors:
- Himanshu Bansal - Director
- Sanchit Bansal - Director
Virtualize Technologies reported a net loss of ₹25.24 Lakh (net margin -12.3%) and EBITDA of -₹24.07 Lakh (EBITDA margin -11.7%) for FY 2025, as per its filed financial statements.
The GSTIN of Virtualize Technologies is 03AAICV7226J1Z6, registered in Punjab.
The CIN (Corporate Identification Number) of Virtualize Technologies is U72900PB2022PTC055870. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Virtualize Technologies was incorporated on 06 May 2022, making it 4+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Virtualize Technologies by revenue are Innothoughts Systems Private Limited, Ashoka Today Technology Private Limited, Barsol Technology Private Limited, Air Infotech Services Private Limited, Progreva Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Himanshu Bansal was appointed as Director on 06 May 2022. Sanchit Bansal was appointed as Director on 06 May 2022.
Yes, Virtualize Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Virtualize Technologies can be reached through the website virtualizetechnologies.com. Its registered office is in Mohali, Punjab, India.