About Vsoft Technologies Private Limited
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Vsoft Technologies Private Limited is a private limited company based in Hyderabad, Telangana, India, a subsidiary of Vsoft Holdings. It operates in the digital payment solutions segment of the financial services sector. It was incorporated on 27 May 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U74140TG2004PTC043342. Its GSTIN is 36AABCV8868P1ZA (Telangana). The company holds 10 GST registrations, of which 7 are active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹13.66 Cr. It was formerly known as Vsoft Offshore Private Limited. It is led by directors Lakshmi Narasimha Murthy Veeraghanta and Kameshwari Venkata Laxmi Veeraghanta.
Its last annual general meeting (AGM) was held on 29 November 2021, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 6th Floor Jyothi Pinnacle Survey No. 11 Kondapur, Serilingampally Mandal And Municipality Ranga Reddy District Hyderabad, Telangana, India – 500084.
As per the financials filed for FY 2021, the company reported a revenue of ₹115.28 Cr, a growth of 22% compared to the previous year. For the same year it recorded a net profit of ₹14.32 Cr (net margin 12.4%) and EBITDA of ₹37.36 Cr (EBITDA margin 32.4%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years.
The company has about 279 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: VSoft. As per MCA filings, the company has open charges of ₹83.66 Cr and satisfied charges of ₹42.55 Cr on record. Court records list 33 cases involving the company, including 10 filed by the company and 23 filed against it; 10 cases are pending. The company has 2 deals on record (2 funding rounds), with disclosed funding of ₹105.54 Cr; the latest was in September 2015.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vsoft.co.in.
Company details
CIN history
Vsoft Technologies has one previous CIN (Corporate Identification Number): U74140AP2004PTC043342. The current CIN is U74140TG2004PTC043342, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74140TG2004PTC043342 | Current |
| U74140AP2004PTC043342 | Previous |
Contact details
Vsoft Technologies Private Limited's registered office is in Hyderabad, Telangana. Its website is vsoft.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address6th Floor Jyothi Pinnacle Survey No. 11 Kondapur, Serilingampally Mandal And Municipality Ranga Reddy District Hyderabad, Telangana, India – 500084
- IndustryFinancial Services, Digital Payment Solutions
To see the full contact details of Vsoft Technologies 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
Brands
Vsoft Technologies operates one associated brand: VSoft. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Core banking and payment solutions are provided for financial institutions. | vsoft.co.in |
Business activity
The main business activity of Vsoft Technologies is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Vsoft Technologies Private Limited, buy the company report.
Financials of Vsoft Technologies Private Limited
FY 2024 filings availableVsoft Technologies Private Limited reported revenue of ₹115.28 Cr (up 22% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 5% over three years, including 22% growth in the latest year. EBITDA rose 14% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Total Revenue | ₹115.28 Cr | ||||
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| EBITDA | ₹37.36 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹14.32 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 32.4% | ||||
| Net Profit Margin | 12.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Vsoft Technologies Private Limited, buy the company report.
Board of directors of Vsoft Technologies Private Limited
Vsoft Technologies has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lakshmi Narasimha Murthy Veeraghanta Also directs: Ojasvi Fintech Services Private Limited | Director | 27 May 2004 | 22 Years 4 Months | Current |
| Kameshwari Venkata Laxmi Veeraghanta Also directs: Ojasvi Fintech Services Private Limited | Director | 27 Nov 2005 | 20 Years 10 Months | Current |
Auditor
Vsoft Technologies Private Limited is audited by Lalith Prasad and Co. for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Lalith Prasad and Co. | FY 2021 | 008089S |
Shareholding
The shareholding of Vsoft Technologies Private Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Vsoft Technologies Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Jul 2022 | 100598607 | Hdfc Bank Limited | ₹38.85 Lakh | Open | |
| 29 Dec 2021 | 100520959 | Hdfc Bank Limited | ₹27.18 Lakh | Open | |
| 02 May 2018 | 100175993 | Hdfc Bank Limited | ₹83 Cr | Open | |
| 18 Dec 2020 | 100418169 | Others | ₹15 Cr | Satisfied | |
| 08 Apr 2011 | 10317803 | State Bank of India | ₹18.65 Cr | Satisfied |
To see the full charge records of Vsoft Technologies Private Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Vsoft Technologies Private Limited has 2 deals on record (2 funding rounds), with disclosed funding of ₹105.54 Cr; the latest was in September 2015.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2015 | Funding round | ₹100.42 Cr | Investors: Vsoft Holdings, an individual |
| Apr 2012 | Funding round | ₹5.12 Cr | Investors: Vsoft Holdings, an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Vsoft Technologies Private Limited has 33 court cases on record: 10 filed by Vsoft Technologies, 23 filed against it. 10 cases are pending and 23 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 17 | 11 | 6 |
| District courts | 10 | 10 | 1 |
| NCLAT | 4 | 0 | 3 |
| NCLT | 2 | 2 | 0 |
Cases on record (5 of 33)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TELANGANA | Writ petition | Filed against the company by M/S. Variman Global Enterprises Ltd., | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Integra Datatech Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Integra Datatech Private Limited | Disposed |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Broadcast Engineering Consultants India Limited. and 3 others | Disposed |
| High Court, MAHARASHTRA | Arbitration matter | Filed against the company by TLG India Private Limited Through Its Division MSL | Disposed |
To see the full case history of Vsoft Technologies Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Vsoft Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Vsoft Technologies Private Limited has a workforce of 279 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Vsoft Technologies has 10 GST registrations: 7 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AABCV8868P1ZA | Telangana | Active | 01 Jul 2017 |
| 07AABCV8868P1ZB | Delhi | Active | 30 Jan 2019 |
| 37AABCV8868P2Z7 | Andhra Pradesh | Active | 30 Jan 2019 |
| 19AABCV8868P1Z6 | West Bengal | Active | 01 Feb 2019 |
To see the full GST registrations and return filing status of Vsoft Technologies Private Limited, buy the company report.
Recent activity
Vsoft Technologies Private Limited has 7 board changes on record since 2004: 2 appointments and 5 cessations. The latest: John Joseph Campos ceased to be Additional Director on 31 Dec 2020.
13 earlier events are in the company report.
News
Frequently asked questions
Vsoft Technologies is an active private limited company based in Hyderabad, Telangana, India. The company works in digital payment solutions, within the financial services industry. It was incorporated on 27 May 2004 (22+ years old) and is registered under CIN U74140TG2004PTC043342.
Vsoft Technologies has 2 current directors:
- Lakshmi Narasimha Murthy Veeraghanta - Director
- Kameshwari Venkata Laxmi Veeraghanta - Director
The latest financial statements of Vsoft Technologies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 29 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Vsoft Technologies is 36AABCV8868P1ZA, registered in Telangana. The company has 10 GST registrations in all, of which 7 are active and 3 are cancelled or inactive. Other active GSTINs include 07AABCV8868P1ZB (Delhi), 37AABCV8868P2Z7 (Andhra Pradesh), 19AABCV8868P1Z6 (West Bengal).
The CIN (Corporate Identification Number) of Vsoft Technologies is U74140TG2004PTC043342. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vsoft Technologies has 33 court cases on record: 10 filed by the company and 23 filed against it. 10 are pending. Most are in the high courts.
Vsoft Technologies was incorporated on 27 May 2004, making it 22+ years old. It is registered with the Registrar of Companies, Hyderabad.
Vsoft Technologies has 2 deals on record (2 funding rounds), with disclosed funding of ₹105.54 Cr; the latest was in September 2015.
John Joseph Campos ceased to be Additional Director on 31 Dec 2020. Satish Khemchand Khivsara ceased to be Additional Director on 31 Dec 2020. Sreenivasa Rao Kodali ceased to be Additional Director on 31 Dec 2020. Vsoft Technologies has 7 board changes on record in total.
Vsoft Technologies can be reached through the website vsoft.co.in. Its registered office is in Hyderabad, Telangana, India.