Virtusoinnovations Private Limited
About Virtusoinnovations Private Limited
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Virtusoinnovations Private Limited is a private limited company based in Paloncha, Telangana, India. It operates in the hosting and related activities segment of the technology and IT services sector. It was incorporated on 20 July 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72900TG2016PTC111015.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ramesh Karnati and Syam Swaroopa Karnati.
Its last annual general meeting (AGM) was held on 28 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at H.No.19 – 1 – 160 Nagarjuna Grameena Bank Road, Paloncha, Telangana, India – 507115.
As per the financials filed for FY 2018, the company reported a revenue of ₹90,000, a decline of 47% compared to the previous year. For the same year it recorded a net profit of ₹10,000 (net margin 11.1%) and EBITDA of ₹10,000 (EBITDA margin 11.1%).
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Virtusoinnovations Private Limited's registered office is in Paloncha, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressH.No.19 – 1 – 160 Nagarjuna Grameena Bank Road, Paloncha, Telangana, India – 507115
- IndustryInformation Technology, Hosting And Related Activities, Data Processing
To see the full contact details of Virtusoinnovations 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
Business activity
The main business activity of Virtusoinnovations is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal |
To see the full business activity and turnover split of Virtusoinnovations Private Limited, buy the company report.
Financials of Virtusoinnovations Private Limited
FY 2018 filings availableVirtusoinnovations Private Limited reported revenue of ₹90,000 (down 47% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue fell 47% in the latest year. EBITDA rose 394% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 |
|---|---|---|
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| EBITDA | ₹10,000 | |
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| Tax Expense | ||
| Net Profit (PAT) | ₹10,000 | |
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 11.1% | |
| Net Profit Margin | 11.1% | |
| Return on Equity (ROE) | ||
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To see the full financial statements and ratios of Virtusoinnovations Private Limited, buy the company report.
Board of directors of Virtusoinnovations Private Limited
Virtusoinnovations has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramesh Karnati | Director | 20 Jul 2016 | 10 Years 3 Months | Current |
| Syam Swaroopa Karnati | Director | 20 Jul 2016 | 10 Years 3 Months | Current |
Peer comparison
Virtusoinnovations Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (data processing, hosting and related activities; web portal), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aapkahost Web Services Private Limited | ₹91,436 (FY 2023) | -10.0% | Nashik, Maharashtra, India | |||
| Samay IT and Exim Private Limited | ₹90,959 (FY 2019) | 18850.0% | Bhavnagar, Gujarat, India | |||
| Nitroware Technologies Private Limited | ₹90,712 (FY 2025) | Coimbatore, Tamil Nadu, India | ||||
| Gouy IT Services Private Limited | ₹90,372 (FY 2016) | 18.0% | Chennai, Tamil Nadu, India | |||
| RX Digital Labs Private Limited | ₹90,333 (FY 2024) | Delhi, India | ||||
| Virtusoinnovations Private Limitedthis company | ₹90,000 (FY 2018) | ₹10,000 | 11.1% | -47.0% | Paloncha, Telangana, India | |
| BS Technologies Private Limited | ₹90,000 (FY 2025) | Hyderabad, Telangana, India | ||||
| Innohat Systems Private Limited | ₹90,000 (FY 2025) | -98.0% | Chennai, Tamil Nadu, India | |||
| Softcopy IT Services Private Limited | ₹88,790 (FY 2019) | -22.0% | Ghaziabad, Uttar Pradesh, India | |||
| Upgrid Mediateam Private Limited | ₹88,700 (FY 2024) | New Delhi, Delhi, India | ||||
| Billpro Technologies Private Limited | ₹87,600 (FY 2025) | 9.0% | New Delhi, Delhi, India |
To see the full peer comparison of Virtusoinnovations Private Limited, buy the company report.
Auditor
Virtusoinnovations Private Limited is audited by G S Madhava Rao & Co for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G S Madhava Rao & Co | FY 2017 | 001907S |
Shareholding
The shareholding of Virtusoinnovations Private Limited is on record for FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Virtusoinnovations Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Virtusoinnovations 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 Virtusoinnovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Virtusoinnovations Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Virtusoinnovations Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Ramesh Karnati was appointed as Director on 20 Jul 2016.
Frequently asked questions
Virtusoinnovations is an active private limited company based in Paloncha, Telangana, India. The company works in hosting and related activities, within the information technology industry. It was incorporated on 20 July 2016 (10+ years old) and is registered under CIN U72900TG2016PTC111015.
Virtusoinnovations has 2 current directors:
- Ramesh Karnati - Director
- Syam Swaroopa Karnati - Director
The latest financial statements of Virtusoinnovations on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 28 September 2018. Year-wise statements from FY 2017 are in the company report.
The CIN (Corporate Identification Number) of Virtusoinnovations is U72900TG2016PTC111015. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Virtusoinnovations was incorporated on 20 July 2016, making it 10+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Virtusoinnovations by revenue are Aapkahost Web Services Private Limited, Samay IT and Exim Private Limited, Nitroware Technologies Private Limited, Gouy IT Services Private Limited, RX Digital Labs Private Limited and 5 more, all in the same principal business activity (data processing, hosting and related activities; web portal).
Ramesh Karnati was appointed as Director on 20 Jul 2016. Syam Swaroopa Karnati was appointed as Director on 20 Jul 2016.
The registered office of Virtusoinnovations is at H.No.19 – 1 – 160 Nagarjuna Grameena Bank Road, Paloncha, Telangana, India – 507115.
Virtusoinnovations operates in the information technology industry, in the hosting and related activities segment.
The compliance status of Virtusoinnovations is active non-compliant as of 10 July 2026. The company is actively filing with the Registrar of Companies.
Virtusoinnovations can be reached at its registered office: H.No.19 – 1 – 160 Nagarjuna Grameena Bank Road, Paloncha, Telangana, India – 507115.