About Volante Software Private Limited
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Volante Software Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 01 December 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72900TG2009PTC066030. Its GSTIN is 33AADCV1528Q1Z1 (Tamil Nadu). The company holds 4 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vijay Kumar Oddiraju and Muralidhar Rao Oddiraju.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Office No. 201 2nd Floor Survey No.12 Modern Profound Techpark Kondapur, Hyderabad, Telangana, India – 500032.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.61 Lakh. For the same year it recorded a net loss of ₹1.4 Lakh (net margin -53.6%) and EBITDA of -₹1.71 Lakh (EBITDA margin -65.5%). Revenue has declined at a compounded annual rate (CAGR) of 92% over three years and 74% over five years.
The company has about 472 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹3.6 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website volantetech.com.
Company details
CIN history
Volante Software has one previous CIN (Corporate Identification Number): U72900AP2009PTC066030. The current CIN is U72900TG2009PTC066030, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72900TG2009PTC066030 | Current |
| U72900AP2009PTC066030 | Previous |
Contact details
Volante Software Private Limited's registered office is in Hyderabad, Telangana. Its website is volantetech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOffice No. 201 2nd Floor Survey No.12 Modern Profound Techpark Kondapur, Hyderabad, Telangana, India – 500032
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Volante Software 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
Financials of Volante Software Private Limited
FY 2024 filings availableVolante Software Private Limited reported revenue of ₹2.61 Lakh for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 74% over five years. 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹2.61 Lakh | ||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | -₹1.71 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.4 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -65.5% | ||||
| Net Profit Margin | -53.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Volante Software Private Limited, buy the company report.
Board of directors of Volante Software Private Limited
Volante Software has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijay Kumar Oddiraju | Director | 01 Dec 2009 | 16 Years 10 Months | Current |
| Muralidhar Rao Oddiraju | Director | 01 Dec 2009 | 16 Years 10 Months | Current |
Auditor
Volante Software Private Limited is audited by SPC&ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SPC&ASSOCIATES | FY 2023 | 005685S |
Shareholding
The shareholding of Volante Software Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Volante Software Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Dec 2016 | 100086472 | Hdfc Bank Limited | ₹3.6 Cr | Open |
To see the full charge records of Volante Software Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Volante Software 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 Volante Software Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Volante Software Private Limited has a workforce of 472 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Volante Software has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AADCV1528Q1Z1 | Tamil Nadu | Active | 24 Sep 2017 |
To see the full GST registrations and return filing status of Volante Software Private Limited, buy the company report.
Recent activity
Volante Software Private Limited has 2 board changes on record since 2009: 2 appointments. The latest: Muralidhar Rao Oddiraju was appointed as Director on 01 Dec 2009.
News
Frequently asked questions
Volante Software is an active private limited company based in Hyderabad, Telangana, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 01 December 2009 (17+ years old) and is registered under CIN U72900TG2009PTC066030.
Volante Software has 2 current directors:
- Vijay Kumar Oddiraju - Director
- Muralidhar Rao Oddiraju - Director
The latest financial statements of Volante Software on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Volante Software is 33AADCV1528Q1Z1, registered in Tamil Nadu. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
The CIN (Corporate Identification Number) of Volante Software is U72900TG2009PTC066030. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Volante Software was incorporated on 01 December 2009, making it 17+ years old. It is registered with the Registrar of Companies, Hyderabad.
Muralidhar Rao Oddiraju was appointed as Director on 01 Dec 2009. Vijay Kumar Oddiraju was appointed as Director on 01 Dec 2009.
Volante Software can be reached through the website volantetech.com. Its registered office is in Hyderabad, Telangana, India.
The registered office of Volante Software is at Office No. 201 2nd Floor Survey No.12 Modern Profound Techpark Kondapur, Hyderabad, Telangana, India – 500032.
Volante Software operates in the information technology industry, in the application development and software solutions segment.