Vedavaag Systems Limited

This company provides e-governance solutions and citizen services infrastructure management.

1998 | Hyderabad, Telangana (India) | Active
Last Updated:

Vedavaag Systems Profile

Key Indicators

  • Authorised Capital ₹ 32.00 Cr
  • Paid Up Capital ₹ 22.93 Cr
  • Company Age 27 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.00 Cr
  • Satisfied Charges ₹ 21.00 Cr
  • Revenue Growth -4.80%
  • Profit Growth -3.71%
  • Ebitda 307.07%
  • Net Worth 4.74%
  • Total Assets 7.07%

About Vedavaag Systems

Vedavaag Systems Limited (VSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 16 April 1998 and has a history of 27 years and one month. Its registered office is in Hyderabad, Telangana, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 533056.

The Corporate was formerly known as Sark Systems India Limited. 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 32.00 Cr and a paid-up capital of Rs 22.93 Cr.

The company currently has active open charges totaling ₹4.00 Cr. The company has closed loans amounting to ₹21.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Vedavaag Systems Limited India are Vamsi Ivaturi as COMPANY SECRETARY and Krishna Tirumalabukkapatnam as Cfo. Murali Krishna, Ramesh Duggi, Sujata Jonnavittula, and Three other members serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L72200TG1998PLC029240

  • Company No.

    029240

  • Stock Symbol

    BSE : 533056

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    16 Apr 1998

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Hyderabad

Industry

Information Technology

What products or services does Vedavaag Systems Limited offer?

Vedavaag Systems Limited offers a wide range of products and services, including Project Feasibility Studies, Rural Research Service.

Company report

Vedavaag Systems Limited

Explore comprehensive data for Vedavaag Systems Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Vedavaag Systems?

Executive Team (3)

NameDesignationAppointment DateStatus
Murali Krishna Country flag representing In Managing Director16-Apr-1998Current
Vamsi Ivaturi Company Secretary08-Nov-2021Current
Krishna Tirumalabukkapatnam CFO20-Mar-2021Current

Board Members (5)

NameDesignationAppointment DateStatus
Ananth Jonnavittula Country flag representing In Director 02-Sep-2021Current
Ramesh Duggi Country flag representing In Director 23-Aug-2020Current
Sujata Jonnavittula Country flag representing In Director 31-Mar-2015Current
Pradeep Narsupalli Country flag representing In Director 30-Jun-2020Current
Srinivas Pannala Country flag representing In Director 07-Jan-2017Current

Financial Performance of Vedavaag Systems.

Vedavaag Systems Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 4.8% decrease. The company also saw a slight decrease in profitability, with a 3.71% decrease in profit. The company's net worth moved up by a moderate rise of 4.74%.

Vedavaag Systems revenue growth over time
Vedavaag Systems profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-4.80%
Revenue from Operations
-4.87%
Total Assets
7.07%
Profit or Loss
-3.71%
Net Worth
4.74%
EBITDA
307.07%

What is the Ownership and Shareholding Structure of Vedavaag Systems?

In 2022, Vedavaag Systems had a promoter holding of 35.98% and a public holding of 64.02%. The company had 4 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4.00 Cr

Satisfied Charges

₹21.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 4.00 Cr

Latest Charge Details

DateLenderAmountStatus
27 May 2024Others₹2.24 CrOpen
16 Feb 2024Others₹1.75 CrOpen
29 May 2018Others₹4.25 CrSatisfied
06 Jul 2012State Bank Of Mysore₹1.07 CrSatisfied
28 Mar 2009Uco Bank₹1.20 CrSatisfied

How Many Employees Work at Vedavaag Systems?

Vedavaag Systems has a workforce of 116 employees as of Apr 02, 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.

Employee growth trends for Vedavaag Systems Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Vedavaag Systems, 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 Vedavaag Systems's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on Vedavaag Systems

Recent activity within the organization

  • Annual General Meeting

    Vedavaag Systems Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Others amounted to Rs. 2.24 Cr with Charge ID 100950997 was registered on 27 May 2024.

  • Balance Sheet

    Vedavaag Systems Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

  • Charges

    A charge with Others amounted to Rs. 1.75 Cr with Charge ID 100911438 was registered on 16 Feb 2024.

  • Charges

    A charge registered on 29 May 2018 via Charge ID 100184936 with Others was fully satisfied on 08 Feb 2023.

  • Director Appointment

    Ramesh Sinha Duggi was appointed as a Director was appointed as a Director on 23 Aug 2020 & has been associated with this company since 4 years 8 months .

Frequently asked questions

  • What is the Incorporation or founding date of Vedavaag Systems Limited?

    Vedavaag Systems Limited was incorporated on 16 Apr 1998.

  • What is authorized share capital and paid-up capital of Vedavaag Systems Limited?

    The authorized share capital of Vedavaag Systems Limited is ₹ 32.00 Cr and paid-up capital is ₹ 22.93 Cr.

  • Who are the current board members & directors of Vedavaag Systems Limited?

    Currently 8 directors are associated with Vedavaag Systems Limited.

    • Murali Jonnavittula Krishna
    • Ramesh Sinha Duggi
    • Sujata Jonnavittula
    • Pradeep Kumar Narsupalli
    • Srinivas Pannala
    • Vamsi Sesha Sai Ivaturi
    • Krishna Mohan Tirumalabukkapatnam
    • Ananth Jonnavittula

  • What is the registered address of Vedavaag Systems Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Vedavaag Systems Limited is 1-89/G/113 Nr, 3Rd Floor Park View Gafoor Nagar India, Shaikpet, Telangana, 500081.

  • What is the corporate identification number (CIN) and company number of Vedavaag Systems Limited?

    The corporate identification number (CIN) of Vedavaag Systems Limited is L72200TG1998PLC029240 and the company number is 029240 as per Ministry of Corporate Affairs (MCA).

  • Is Vedavaag Systems Limited registered with any stock exchange in India?

    Yes, Vedavaag Systems Limited is registered on Bombay Stock Exchange (BSE).

  • What is the official website of Vedavaag Systems Limited?

    The Official website of Vedavaag Systems Limited is https://www.vedavaag.com

  • What has been the recent revenue trend for Vedavaag Systems Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Vedavaag Systems Limited has fallen by -4.80%.

  • How many employees does Vedavaag Systems Limited currently have?

    As Per 2023 financial reports, 116 employees are currently employed by Vedavaag Systems Limited.

  • What change has been observed in the net worth of Vedavaag Systems Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Vedavaag Systems Limited has experienced an upsurge of 4.74%.

  • What are the total open charges for Vedavaag Systems Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Vedavaag Systems Limited amount to ₹ 4.00 Cr.

  • When was the last Balance Sheet of Vedavaag Systems Limited filed with the ROC?

    The most recent Balance Sheet for Vedavaag Systems Limited was filed with the ROC on 31 Mar 2024.

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