Vsmid Software Solutions Private Limited
About Vsmid Software Solutions Private Limited
Data last updated:
Vsmid Software Solutions Private Limited is a private limited company based in Belgaum, Karnataka, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 16 May 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2018PTC113162.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹50,000. It is led by directors Dipak Veerasangappa Maste and Shailaja Karhadkar Basappa.
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 Shivaling Sadan #5455 Mahatma Phule Road Shahapur, Belgaum, Karnataka, India – 590003.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.35 Lakh. For the same year it recorded a net loss of ₹5,440 (net margin -2.3%) and EBITDA of -₹5,440 (EBITDA margin -2.3%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressShivaling Sadan #5455 Mahatma Phule Road Shahapur, Belgaum, Karnataka, India – 590003
- IndustryInformation Technology, Other Computer Related Activities
- 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 Vsmid Software Solutions Private Limited
The main business activity of Vsmid Software Solutions is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | 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 Vsmid Software Solutions Private Limited FY 2023 filings available
Vsmid Software Solutions Private Limited reported revenue of ₹2.35 Lakh for FY 2023.
Compounded Annual Growth Rate (CAGR) of Vsmid Software Solutions Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 10% over three years. EBITDA rose 47% 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 Vsmid Software Solutions 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 | -₹5,440 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹5,440 | •••• | •••• | •••• | •••• |
| 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 Vsmid Software Solutions Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -2.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -2.3% | •••• | •••• | •••• | •••• |
| 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 Vsmid Software Solutions are in the company report.
Financial statements from FY 2019
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.
Board of Directors of Vsmid Software Solutions Private Limited
Vsmid Software Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dipak Veerasangappa Maste | Director | 16 May 2018 | 8 Years 5 Months | Current |
| Shailaja Karhadkar Basappa | Director | 16 May 2018 | 8 Years 5 Months | Current |
Peer Comparison of Vsmid Software Solutions Private Limited
Vsmid Software Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other professional, scientific and technical activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Yes Boss Technology Private Limited | ₹2.35 Lakh (FY 2024) | •••• | •••• | •••• | Rajkot, Gujarat, India | |
| Bda Technologies Private Limited | ₹2.35 Lakh (FY 2025) | •••• | •••• | -46.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Thincr Technologies India Private Limited | ₹2.35 Lakh (FY 2023) | •••• | •••• | -77.0% | •••• | Gandhinagar, Gujarat, India |
| Quickfox Marketing Private Limited | ₹2.35 Lakh (FY 2025) | •••• | •••• | •••• | Haryana, India | |
| Vsmid Software Solutions Private Limited this company | ₹2.35 Lakh (FY 2023) | •••• | •••• | •••• | Belgaum, Karnataka, India | |
| Skylark Professional Services Private Limited | ₹2.35 Lakh (FY 2019) | •••• | •••• | 9300.0% | •••• | Bengaluru, Karnataka, India |
| Primal Logix India Private Limited | ₹2.35 Lakh (FY 2025) | •••• | •••• | 9.0% | •••• | Delhi, India |
| Ekaakshara Strategic Advisors Private Limited | ₹2.35 Lakh (FY 2025) | •••• | •••• | •••• | Gurgaon, Haryana, India | |
| Orobind Fitness Technologies Private Limited | ₹2.35 Lakh (FY 2015) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Sungen Energy Private Limited | ₹2.35 Lakh (FY 2017) | •••• | •••• | •••• | Chennai, Tamil Nadu, India | |
| Corhaven Technologies Private Limited | ₹2.35 Lakh (FY 2024) | •••• | •••• | -80.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Vsmid Software Solutions by revenue in the same principal business activity (Other professional, scientific and technical activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Ownership and Shareholding of Vsmid Software Solutions 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 Vsmid Software Solutions Private Limited
Vsmid Software Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Vsmid Software Solutions Private Limited
Employment history and EPFO contributions of people linked to Vsmid Software Solutions.
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 Vsmid Software Solutions Private Limited
Vsmid Software Solutions Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Dipak Veerasangappa Maste was appointed as Director on 16 May 2018.
Credit Ratings, Litigation & Regulatory Alerts for Vsmid Software Solutions 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 Vsmid Software Solutions 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 Vsmid Software Solutions 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 Vsmid Software Solutions 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 Vsmid Software Solutions 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 Vsmid Software Solutions Private Limited
Vsmid Software Solutions is an active private limited company based in Belgaum, Karnataka, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 16 May 2018 (8+ years old) and is registered under CIN U72900KA2018PTC113162.
Vsmid Software Solutions reported revenue of ₹2.35 Lakh for FY 2023.
Vsmid Software Solutions has 2 current directors:
- Dipak Veerasangappa Maste - Director
- Shailaja Karhadkar Basappa - Director
Vsmid Software Solutions reported a net loss of ₹5,440 (net margin -2.3%) and EBITDA of -₹5,440 (EBITDA margin -2.3%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Vsmid Software Solutions is -10% over three years. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Vsmid Software Solutions is U72900KA2018PTC113162. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vsmid Software Solutions was incorporated on 16 May 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Vsmid Software Solutions by revenue are Yes Boss Technology Private Limited, Bda Technologies Private Limited, Thincr Technologies India Private Limited, Quickfox Marketing Private Limited, Skylark Professional Services Private Limited and 5 more, all in the same principal business activity (Other professional, scientific and technical activities).
Dipak Veerasangappa Maste was appointed as Director on 16 May 2018. Shailaja Karhadkar Basappa was appointed as Director on 16 May 2018.
The registered office of Vsmid Software Solutions is at Shivaling Sadan #5455 Mahatma Phule Road Shahapur, Belgaum, Karnataka, India – 590003.
Vsmid Software Solutions has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹50,000.