

Vedavaag Systems Profile
Key Indicators
- Authorised Capital ₹ 32.00 Cr
- Paid Up Capital ₹ 22.93 Cr
- Company Age 27 Year, 29 Days
- 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. 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
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.
Who are the key members and board of directors at Vedavaag Systems?
Executive Team (3)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Murali Krishna ![]() | Managing Director | 16-Apr-1998 | Current |
Vamsi Ivaturi | Company Secretary | 08-Nov-2021 | Current |
Krishna Tirumalabukkapatnam | CFO | 20-Mar-2021 | Current |
Board Members (5)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Ananth Jonnavittula ![]() | Director | 02-Sep-2021 | Current |
Ramesh Duggi ![]() | Director | 23-Aug-2020 | Current |
Sujata Jonnavittula ![]() | Director | 31-Mar-2015 | Current |
Pradeep Narsupalli ![]() | Director | 30-Jun-2020 | Current |
Srinivas Pannala ![]() | Director | 07-Jan-2017 | Current |
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%.


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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.

Related Corporates (Common Directorship)
- Vxo Digital Private Limited
Srinivas Pannala is a mutual person
- Vsl Datasystems Private Limited
Ramesh Duggi and Srinivas Pannala are mutual person
- Vedavaag Kiya Ecommerce Private Limited
Murali Krishna is a mutual person
- Vedavaag Edutech Private Limited
Murali Krishna is a mutual person
- I Power Solutions India Limited
Sujata Jonnavittula is a mutual person
- Vedavaag Financial Services Private Limited
Murali Krishna and Sujata Jonnavittula are mutual person
Charges (Loans)
₹4.00 Cr
₹21.00 Cr
Charges Breakdown by Lending Institutions
- Others : 4.00 Cr
Latest Charge Details
Date | Lender | Amount | Status |
---|---|---|---|
27 May 2024 | Others | ₹2.24 Cr | Open |
16 Feb 2024 | Others | ₹1.75 Cr | Open |
29 May 2018 | Others | ₹4.25 Cr | Satisfied |
06 Jul 2012 | State Bank Of Mysore | ₹1.07 Cr | Satisfied |
28 Mar 2009 | Uco Bank | ₹1.20 Cr | Satisfied |
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.

Deals i

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

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.
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 .
Recent News, Updates & Announcement
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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