About Volantis Technologies Private Limited
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Volantis Technologies 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 24 January 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2006PTC038301. Its GSTIN is 29AACCV1855F1Z8 (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sunitha Maharana and Soumaya Ranjan Maharana.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at No.940 2nd Floor 16th Main Btm 2nd Stage, Bangalore, Karnataka, India – 560076.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.66 Cr, a decline of 25% compared to the previous year. For the same year it recorded a net profit of ₹38,614 (net margin 0.1%) and EBITDA of ₹56.03 Lakh (EBITDA margin 21.1%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 17% over five years.
The company has about 17 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Volantis. As per MCA filings, the company has open charges of ₹1.25 Cr on record. Court records list 13 cases involving the company, including 13 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website volantis.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNo.940 2nd Floor 16th Main Btm 2nd Stage, Bangalore, Karnataka, India – 560076
- 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
Business Activity of Volantis Technologies Private Limited
The main business activity of Volantis Technologies is support service to organizations. In detail, this covers placement agencies and hr management services.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N2 | Placement agencies and HR management services | 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 Volantis Technologies Private Limited FY 2023 filings available
Volantis Technologies Private Limited reported revenue of ₹2.66 Cr (down 25% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Volantis Technologies Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 17% over five years, including a 25% fall in the latest year. EBITDA rose 20% 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 of Volantis Technologies Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹56.03 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹38,614 | •••• | •••• | •••• | •••• |
| 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 Volantis Technologies Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 21.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.1% | •••• | •••• | •••• | •••• |
| 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 Volantis Technologies 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 Volantis Technologies Private Limited
Volantis Technologies Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Placement agencies and HR management services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sebeings Facility Management Private Limited | ₹2.68 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | Gurgaon, Haryana, India |
| Credco Facility Management Private Limited | ₹2.67 Cr (FY 2024) | •••• | •••• | -16.0% | •••• | Bangalore, Karnataka, India |
| Brightcase Ventures Private Limited | ₹2.67 Cr (FY 2025) | •••• | •••• | 210.0% | •••• | Mumbai, Maharashtra, India |
| Sira Consulting Private Limited | ₹2.66 Cr (FY 2024) | •••• | •••• | •••• | Hyderabad, Telangana, India | |
| Green Force Associates Private Limited | ₹2.66 Cr (FY 2025) | •••• | •••• | 116.0% | •••• | Cuttack, Odisha, India |
| Volantis Technologies Private Limited this company | ₹2.66 Cr (FY 2023) | •••• | •••• | -25.0% | •••• | Bangalore, Karnataka, India |
| Asterdata IT Solutions Private Limited | ₹2.65 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Bangalore, Karnataka, India |
| Ideal Support Services India Private Limited | ₹2.65 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Ernakulam, Kerala, India |
| Pastille Mercantiles Private Limited | ₹2.65 Cr (FY 2022) | •••• | •••• | 8.0% | •••• | Kolkata, West Bengal, India |
| Ideahelix India Private Limited | ₹2.65 Cr (FY 2024) | •••• | •••• | -18.0% | •••• | Coimbatore, Tamil Nadu, India |
| Global Info Solutions Private Limited | ₹2.64 Cr (FY 2016) | •••• | •••• | •••• | Secunderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Volantis Technologies by revenue in the same principal business activity (Placement agencies and HR management services), 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 Volantis Technologies Private Limited
Volantis Technologies Private Limited is audited by M/S. MANOHAR B V AND CO for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M/S. MANOHAR B V AND CO | 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 Volantis Technologies Private Limited
Volantis Technologies has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunitha Maharana Also directs: Volantis Infratech Private Limited, Infrasquare Realty Private Limited, Suryaanvi Builders Private Limited and 1 more | Director | 30 Sep 2017 | 9 Years 0 Months | Current |
| Soumaya Ranjan Maharana Also directs: Volantis Infratech Private Limited, Infrasquare Realty Private Limited, Suryaanvi Builders Private Limited and 2 more | Director | 03 Dec 2019 | 6 Years 10 Months | Current |
Ownership and Shareholding of Volantis 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 Volantis Technologies Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Aug 2022 | Axis Bank Limited | ₹25.43 Lakh | Open |
| 12 Jul 2022 | Others | ₹1 Cr | Open |
Total charge records: 2 View all charges
Legal Cases of Volantis Technologies Private Limited
Volantis Technologies Private Limited has 13 court cases on record: 13 filed against it. 2 cases are pending and 11 are disposed. Status as checked between 02 Oct 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 13 | 2 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Ugro Capital Limited | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Ecl Finance Limited | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Ecl Finance Limited | Disposed |
| District court, South, Delhi | Cheque dishonour complaint | Filed against the company by Minions Ventures Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by an individual | Disposed |
Full case history
All 13 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Associated Brands with Volantis Technologies Private Limited
Volantis Technologies operates one associated brand: Volantis. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| IT consultancy services for solutions are offered by Volantis. | volantis.com |
Employees and EPFO Compliance at Volantis Technologies Private Limited
Volantis Technologies Private Limited has a workforce of 17 employees as of Mar 31, 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 Volantis Technologies Private Limited
Volantis Technologies Private Limited has 4 board changes on record since 2017: 2 appointments and 2 cessations. The latest: Sourya Ranjan Maharana ceased to be Director on 12 Dec 2023.
Credit Ratings, Litigation & Regulatory Alerts for Volantis 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 Volantis 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 Volantis 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 Volantis Technologies Private Limited
Volantis Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCV1855F1Z8 | Karnataka | Active | 01 Jul 2017 |
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 Volantis 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 Volantis Technologies Private Limited
Volantis Technologies 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 24 January 2006 (20+ years old) and is registered under CIN U72200KA2006PTC038301.
Volantis Technologies reported revenue of ₹2.66 Cr for FY 2023 (down 25% YoY).
Volantis Technologies has 2 current directors:
- Sunitha Maharana - Director
- Soumaya Ranjan Maharana - Director
Volantis Technologies reported a net profit of ₹38,614 (net margin 0.1%) and EBITDA of ₹56.03 Lakh (EBITDA margin 21.1%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Volantis Technologies is -12% over three years and -17% over five years. In the latest year (FY 2023) revenue fell 25%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Volantis Technologies is 29AACCV1855F1Z8, registered in Karnataka.
The CIN (Corporate Identification Number) of Volantis Technologies is U72200KA2006PTC038301. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Volantis Technologies has 13 court cases on record: 13 filed against it. 2 are pending.
Volantis Technologies was incorporated on 24 January 2006, making it 20+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Volantis Technologies by revenue are Sebeings Facility Management Private Limited, Credco Facility Management Private Limited, Brightcase Ventures Private Limited, Sira Consulting Private Limited, Green Force Associates Private Limited and 5 more, all in the same principal business activity (Placement agencies and HR management services).
Sourya Ranjan Maharana ceased to be Director on 12 Dec 2023. Soumaya Ranjan Maharana was appointed as Director on 03 Dec 2019. Soumaya Ranjan Maharana ceased to be Managing Director on 10 Apr 2019. Volantis Technologies has 4 board changes on record in total.