About Volano Software Services Private Limited
Data last updated:
Volano Software Services Private Limited was a private limited company based in New, Delhi, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 03 April 2012.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U72200DL2012PTC233957.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Adnan Adeeb and Zeba Zaidi.
Its last annual general meeting (AGM) was held on 30 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at B1 1676 Vasant Kunj, New, Delhi, India – 110070.
As per the financials filed for FY 2020, the company reported a revenue of ₹35,360. For the same year it recorded a net profit of ₹30,060 (net margin 85%) and EBITDA of ₹30,060 (EBITDA margin 85%).
The last known website on record is finsys.co.in.
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- Registered AddressB1 1676 Vasant Kunj, New, Delhi, India – 110070
- IndustryInformation Technology, IT Consulting & Support Services
- 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
Financials of Volano Software Services Private Limited FY 2020 filings available
Volano Software Services Private Limited reported revenue of ₹35,360 for FY 2020.
Financial Statement Summary of Volano Software Services Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹35,360 | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹30,060 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹30,060 | •••• | •••• | •••• | •••• |
| 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 Volano Software Services Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 85% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 85% | •••• | •••• | •••• | •••• |
| 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 Volano Software Services are in the company report.
Financial statements from 2015
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 Volano Software Services Private Limited
Volano Software Services Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Software Services). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Centura Watch Cases Private Limited | •••• | •••• | •••• | •••• | - | Urdigere, Karnataka, India |
| Octane Softech Private Limited | •••• | •••• | •••• | •••• | - | Hydearbad, Telangana, India |
| Magnet Technologies Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Cpag-4I Advisory Services India Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Thinkbid Technologies Private Limited | •••• | •••• | •••• | •••• | - | Kozhikode, Kerala, India |
| Volano Software Services Private Limited this company | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Fortech Energy India Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Goripples Technologies Private Limited | •••• | •••• | •••• | •••• | - | Bangalore North, Karnataka, India |
| Aarkatech Solutions Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Astravue Technologies Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| PCS Positioning Systems (India) Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Volano Software Services by revenue in the Information Technology industry (Software Services), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Volano Software Services Private Limited
Volano Software Services Private Limited is audited by M C JAIN & ASSOCIATES for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M C JAIN & ASSOCIATES | 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 Volano Software Services Private Limited
Volano Software Services has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Adnan Adeeb Also directs: Zuzumonk Private Limited, Zikar Tech Private Limited, Volano Entertainment Private Limited and 1 more | Director | 03 Apr 2012 | 14 Years 6 Months | As last reported |
| Zeba Zaidi Also directs: Zuzumonk Private Limited, Zikar Tech Private Limited, Volano Entertainment Private Limited and 1 more | Director | 03 Apr 2012 | 14 Years 6 Months | As last reported |
Ownership and Shareholding of Volano Software Services 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 Volano Software Services Private Limited
Volano Software Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Volano Software Services Private Limited
Employment history and EPFO contributions of people linked to Volano Software Services.
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 Volano Software Services Private Limited
Volano Software Services Private Limited has 2 board changes on record since 2012: 2 appointments. The latest: Adnan Adeeb was appointed as Director on 03 Apr 2012.
Credit Ratings, Litigation & Regulatory Alerts for Volano Software Services 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 Volano Software Services 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 Volano Software Services 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 Volano Software Services 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.
MCA Filings & Documents of Volano Software Services 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 Volano Software Services Private Limited
Volano Software Services has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Volano Software Services was a private limited company based in New, Delhi, India. The company worked in IT consulting and support services, within the information technology industry. It was incorporated on 03 April 2012 and is registered under CIN U72200DL2012PTC233957. The company has been struck off by the Registrar of Companies and is no longer operational.
Volano Software Services had 2 directors:
- Adnan Adeeb - Director
- Zeba Zaidi - Director
The CIN (Corporate Identification Number) of Volano Software Services is U72200DL2012PTC233957. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Volano Software Services is at B1 1676 Vasant Kunj, New, Delhi, India – 110070.
Volano Software Services was incorporated on 03 April 2012. It is registered with the Registrar of Companies, Delhi.
Volano Software Services can be reached through the website finsys.co.in. Its registered office is in New, Delhi, India.
Volano Software Services reported revenue of ₹35,360 for FY 2020.
Volano Software Services has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.
Volano Software Services reported a net profit of ₹30,060 (net margin 85%) and EBITDA of ₹30,060 (EBITDA margin 85%) for FY 2020, as per its filed financial statements.
Volano Software Services operated in the information technology industry, in the IT consulting and support services segment. It worked in this industry before it was struck off.