
Vy Technology Private Limited
About Vy Technology Private Limited
Data last updated:
Vy Technology Private Limited was a private limited company based in 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 services segment of the services sector. It was incorporated on 22 October 2009.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U72900DL2009PTC195407. Its GSTIN is 07AADCV1132A2Z0 (Delhi). The company held 2 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Vikram Singh Atwal and Bhawna Singh Atwal.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at S – 309 Ground Floor Greater Kailash – II, Delhi, India – 110048.
As per the financials filed for FY 2020, the company reported a revenue of ₹10,385, a decline of 100% compared to the previous year. For the same year it recorded a net loss of ₹2.62 Lakh and EBITDA of -₹1.49 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 88% over three years and 72% over five years.
Company details
Contact details
Vy Technology Private Limited's registered office is in Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressS – 309 Ground Floor Greater Kailash – II, Delhi, India – 110048
- IndustryService, Information Technology Services
To see the full contact details of Vy Technology 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
Business activity
The main business activity of Vy Technology is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
Financials of Vy Technology Private Limited
FY 2020 filings availableVy Technology Private Limited reported revenue of ₹10,385 (down 100% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 72% over five years. EBITDA fell 22% 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 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 | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.49 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.62 Lakh | ||||
| 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
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| 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 | |||||
To see the full financial statements and ratios of Vy Technology Private Limited, buy the company report.
Board of directors of Vy Technology Private Limited
Vy Technology has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikram Singh Atwal Also directs: Gurditta Constructions Private Limited | Director | 22 Oct 2009 | 17 Years 0 Months | As last reported |
| Bhawna Singh Atwal | Director | 18 May 2012 | 14 Years 5 Months | As last reported |
Peer comparison
Vy Technology Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Addthones Private Limited | ₹10,504 (FY 2024) | -98.0% | Maraimalai Nagar, Tamil Nadu, India | |||
| Byjee Services Private Limited | ₹10,500 (FY 2023) | Westgodavari, Andhra Pradesh, India | ||||
| Buglesol IT Services Private Limited | ₹10,500 (FY 2016) | -16.0% | Hyderabad, Telangana, India | |||
| Macwill Information Systems Private Limited | ₹10,497 (FY 2024) | -60.0% | Hoshiarpur, Punjab, India | |||
| Vramsys Technology Development Private Limited | ₹10,490 (FY 2022) | -98.0% | Gurugram, Haryana, India | |||
| Vy Technology Private Limitedthis company | ₹10,385 (FY 2020) | -₹2.62 Lakh | -100.0% | Delhi, India | ||
| Futuristic Call Solutions Private Limited | ₹10,359 (FY 2019) | Delhi, India | ||||
| Sinetheta Media Private Limited | ₹10,348 (FY 2019) | New Delhi, Delhi, India | ||||
| Strategence Digital Consulting Private Limited | ₹10,331 (FY 2025) | -79.0% | Coimbatore, Tamil Nadu, India | |||
| Facet Construction Engineering Private Limited | ₹10,329 (FY 2021) | -99.0% | Hyderabad, Telangana, India | |||
| Webnest Software Solutions Private Limited | ₹10,325 (FY 2023) | Panvel, Maharashtra, India |
To see the full peer comparison of Vy Technology Private Limited, buy the company report.
Auditor
Vy Technology Private Limited is audited by HARISH BATRA AND ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HARISH BATRA AND ASSOCIATES | FY 2017 | 012894N |
Shareholding
The shareholding of Vy Technology Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Vy Technology Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Vy Technology 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 Vy Technology Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vy Technology has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AADCV1132A2Z0 | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vy Technology Private Limited, buy the company report.
Recent activity
Vy Technology Private Limited has 3 board changes on record since 2009: 2 appointments and 1 cessation. The latest: Gurnir Singh Gill ceased to be Director on 28 Sep 2020.
Frequently asked questions
Vy Technology 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.
Vy Technology was a private limited company based in Delhi, India. The company worked in information technology services, within the service industry. It was incorporated on 22 October 2009 and is registered under CIN U72900DL2009PTC195407. The company has been struck off by the Registrar of Companies and is no longer operational.
Vy Technology had 2 directors:
- Vikram Singh Atwal - Director
- Bhawna Singh Atwal - Director
The CIN (Corporate Identification Number) of Vy Technology is U72900DL2009PTC195407. 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 Vy Technology is at S – 309 Ground Floor Greater Kailash – II, Delhi, India – 110048.
Vy Technology was incorporated on 22 October 2009. It is registered with the Registrar of Companies, Delhi.
The latest financial statements of Vy Technology on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Vy Technology is 07AADCV1132A2Z0, registered in Delhi. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
Vy Technology operated in the service industry, in the information technology services segment. It worked in this industry before it was struck off.
The peers of Vy Technology by revenue are Addthones Private Limited, Byjee Services Private Limited, Buglesol IT Services Private Limited, Macwill Information Systems Private Limited, Vramsys Technology Development Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Gurnir Singh Gill ceased to be Director on 28 Sep 2020. Bhawna Singh Atwal was appointed as Director on 18 May 2012. Vikram Singh Atwal was appointed as Director on 22 Oct 2009.