Vay Network Services Profile
Key Indicators
- Authorised Capital ₹ 6.95 Cr
- Paid Up Capital ₹ 3.01 Cr
- Company Age 8 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 60.00 Cr
- Satisfied Charges ₹ 8.50 Cr
- Revenue Growth 177.01%
- Profit Growth -186.59%
- Ebitda -187.56%
- Net Worth 390.21%
- Total Assets 243.68%
About Vay Network Services
Vay Network Services Private Limited (VNSPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 16 June 2016 (Eight years and seven months 17 days old ). Its registered office is in Pune, Maharashtra, India.
The Company is engaged in the Information Technology Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 6.95 Cr and a paid-up capital of Rs 3.01 Cr.
The company currently has active open charges totaling ₹60.00 Cr. The company has closed loans amounting to ₹8.50 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Vay Network Services Private Limited India is Henish Sutaria as COMPANY SECRETARY. Ramaswamy Iyer, Meenakshi Sundaram, Kannan Ramasamy, and One other member serve as directors at the Company.
Company Details
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Location
Pune, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U74999PN2016PTC165017
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Company No.
165017
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
16 Jun 2016
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Pune
Industry
Who are the key members and board of directors at Vay Network Services?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Henish Sutaria
|
Company Secretary | 16-Oct-2020 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Meenakshi Sundaram
|
Nominee Director | 03-Jul-2017 | Current |
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Ramaswamy Iyer
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Director | 16-Jun-2016 | Current |
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Kannan Ramasamy
|
Director | 03-Jun-2017 | Current |
|
Manpreet Ratia
|
Nominee Director | 11-Nov-2020 | Current |
Financial Performance of Vay Network Services.
Vay Network Services Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 177.01% increase. The company also saw a substantial fall in profitability, with a 186.59% decrease in profit. The company's net worth Soared by an impressive increase of 390.21%.
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What is the Ownership and Shareholding Structure of Vay Network Services?
In 2022, Vay Network Services had a promoter holding of 40.32% and a public holding of 59.69%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Beep Innovations Private LimitedMeenakshi Sundaram is a mutual person
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Adloid Technologies Private LimitedMeenakshi Sundaram is a mutual person
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Ergos Business Solutions Private LimitedMeenakshi Sundaram is a mutual person
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Rubix Data Sciences Private LimitedRamaswamy Iyer is a mutual person
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Science For Society Techno Services Private LimitedMeenakshi Sundaram is a mutual person
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Newbazaar Technologies Private LimitedMeenakshi Sundaram is a mutual person
Charges (Loans)
₹60.00 Cr
₹8.50 Cr
Charges Breakdown by Lending Institutions
- Others : 60.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Feb 2023 | Others | ₹60.00 Cr | Open |
| 26 Aug 2020 | Others | ₹8.50 Cr | Satisfied |
How Many Employees Work at Vay Network Services?
Vay Network Services has a workforce of 237 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Vay Network Services, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Vay Network Services's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
