About Visnet Ventures Private Limited
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Visnet Ventures Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 22 March 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2021PTC145652. Its GSTIN is 29AAHCV9799D1ZG (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.2 Lakh. It is led by directors including Umashankar Bantwal and Lakshmi Narayana Reddy.
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 No.94 4th Cross 2nd Block Koramangala, Bangalore, Karnataka, India – 560034.
As per the financials filed for FY 2025, the company reported a revenue of ₹15.39 Cr, a decline of 19% compared to the previous year. For the same year it recorded a net profit of ₹1.73 Cr (net margin 11.2%) and EBITDA of ₹2.47 Cr (EBITDA margin 16.1%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years.
Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Visnet.
For more details, the company can be reached via its website visnet.in.
Company details
Contact details
Visnet Ventures Private Limited's registered office is in Bangalore, Karnataka. Its website is visnet.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.94 4th Cross 2nd Block Koramangala, Bangalore, Karnataka, India – 560034
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Visnet Ventures 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 Visnet Ventures is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Visnet Ventures Private Limited, buy the company report.
Financials of Visnet Ventures Private Limited
FY 2025 filings availableVisnet Ventures Private Limited reported revenue of ₹15.39 Cr (down 19% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 2% over three years, including a 19% fall in the latest year. EBITDA fell 37% 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 |
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| EBITDA | ₹2.47 Cr | ||||
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| Net Profit (PAT) | ₹1.73 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 16.1% | ||||
| Net Profit Margin | 11.2% | ||||
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To see the full financial statements and ratios of Visnet Ventures Private Limited, buy the company report.
Board of directors of Visnet Ventures Private Limited
Visnet Ventures has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Umashankar Bantwal | Director | 22 Mar 2021 | 5 Years 7 Months | Current |
| Lakshmi Narayana Reddy Also directs: Vcloudify Private Limited, Vav Networks Private Limited | Director | 22 Mar 2021 | 5 Years 7 Months | Current |
| Prajwal Thekkade Sukumar Also directs: Vcloudify Private Limited, Vis Networks Private Limited, Aasip Technologies Private Limited and 1 more | Director | 22 Mar 2021 | 5 Years 7 Months | Current |
| Suresh Kamath Kasaragod | Director | 22 Mar 2021 | 5 Years 7 Months | Current |
Peer comparison
Visnet Ventures Private Limited is compared with the 4 companies closest to it by revenue in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Compassites Software Solutions Private Limited | ₹15.49 Cr (FY 2022) | -21.0% | Bangalore, Karnataka, India | |||
| Scriptbees IT Private Limited | ₹15.42 Cr (FY 2024) | 8.0% | Hyderabad, Telangana, India | |||
| Visnet Ventures Private Limitedthis company | ₹15.39 Cr (FY 2025) | ₹1.73 Cr | 11.2% | -19.0% | Bangalore, Karnataka, India | |
| Synergy Computer Solutions International Limited | ₹15.37 Cr (FY 2025) | 51.0% | Hyderabad, Telangana, India | |||
| Accrevent Solutions Private Limited | ₹15.31 Cr (FY 2024) | 69.0% | Pune, Maharashtra, India |
To see the full peer comparison of Visnet Ventures Private Limited, buy the company report.
Auditor
Visnet Ventures Private Limited is audited by SUNIL BHANDARY & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUNIL BHANDARY & CO. | FY 2023 | 017619S |
Shareholding
The shareholding of Visnet Ventures Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Visnet Ventures Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Visnet Ventures 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 Visnet Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Visnet Ventures has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Vion Consulting Private Limited | U72900KA2017PTC105904 |
To see the full group structure of Visnet Ventures Private Limited, buy the company report.
GST
Visnet Ventures has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCV9799D1ZG | Karnataka | Active | 18 Sep 2021 |
To see the full GST registrations and return filing status of Visnet Ventures Private Limited, buy the company report.
Recent activity
Visnet Ventures Private Limited has 4 board changes on record since 2021: 4 appointments. The latest: Lakshmi Narayana Reddy was appointed as Director on 22 Mar 2021.
Frequently asked questions
Visnet Ventures is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 22 March 2021 (5+ years old) and is registered under CIN U72200KA2021PTC145652.
Visnet Ventures has 4 current directors:
- Umashankar Bantwal - Director
- Lakshmi Narayana Reddy - Director
- Prajwal Thekkade Sukumar - Director
- Suresh Kamath Kasaragod - Director
The latest financial statements of Visnet Ventures 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 2021 are in the company report.
The GSTIN of Visnet Ventures is 29AAHCV9799D1ZG, registered in Karnataka.
The CIN (Corporate Identification Number) of Visnet Ventures is U72200KA2021PTC145652. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Visnet Ventures was incorporated on 22 March 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Visnet Ventures by revenue are Compassites Software Solutions Private Limited, Scriptbees IT Private Limited, Synergy Computer Solutions International Limited, Accrevent Solutions Private Limited, all in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities).
Lakshmi Narayana Reddy was appointed as Director on 22 Mar 2021. Prajwal Thekkade Sukumar was appointed as Director on 22 Mar 2021. Suresh Kamath Kasaragod was appointed as Director on 22 Mar 2021. Visnet Ventures has 4 board changes on record in total.
Visnet Ventures can be reached through the website visnet.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Visnet Ventures is at No.94 4th Cross 2nd Block Koramangala, Bangalore, Karnataka, India – 560034.
Visnet Ventures operates in the information technology industry, in the IT consulting and support services segment.
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