Velaga Soft Solutions Private Limited

IT staffing and solutions company offering permanent and temporary staffing, application development, and special recruitment programs.

2012 | Hyderabad, Telangana (India) | Active
Last Updated: December 26, 2024

Velaga Soft Solutions Profile

Key Indicators

  • Authorised Capital ₹ 3.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 12 Year, 11 Months
  • Last Filing with ROC 31 Mar 2022
  • Revenue Growth -14.34%
  • Profit Growth 40.22%
  • Ebitda 30.06%
  • Net Worth 20.98%
  • Total Assets -29.47%

About Velaga Soft Solutions

Velaga Soft Solutions Private Limited (VSSPL) is a Private Limited Indian Non-Government Company incorporated in India on 20 March 2012 and has a history of 12 years and 11 months. Its registered office is in Hyderabad, Telangana, 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 2022. It's a company limited by shares with an authorized capital of Rs 3.00 M and a paid-up capital of Rs 1.00 M, as per Ministry of Corporate Affairs (MCA) records.

Venkateswara Velaga and Suresh Kakinada serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    velagasoft.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72900TG2012PTC079881

  • Company No.

    079881

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Mar 2012

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Information Technology
Business Outsourcing

What products or services does Velaga Soft Solutions Private Limited offer?

Velaga Soft Solutions Private Limited offers a wide range of products and services, including Contract Employment & Staffing Firms, Staffing Service.

Who are the key members and board of directors at Velaga Soft Solutions?

Board Members (2)

NameDesignationAppointment DateStatus
Venkateswara Velaga Country flag representing In Director 21-Apr-2016Current
Suresh Kakinada Country flag representing In Director 04-Jan-2019Current

Financial Performance of Velaga Soft Solutions.

Velaga Soft Solutions Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 14.34% decrease. The company also saw a substantial improvement in profitability, with a 40.22% increase in profit. The company's net worth Soared by an impressive increase of 20.98%.

Graph illustrating revenue growth over time
Graph showing 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
-14.34%
Revenue from Operations
-14.34%
Total Assets
-29.47%
Profit or Loss
40.22%
Net Worth
20.98%
EBITDA
30.06%

What is the Ownership and Shareholding Structure of Velaga Soft Solutions?

In 2020, Velaga Soft Solutions had a promoter holding of 95.00% and a public holding of 5.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Velaga Soft Solutions?

Velaga Soft Solutions has a workforce of 10 employees as of Mar 27, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Velaga Soft Solutions, 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 Velaga Soft Solutions'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 Velaga Soft Solutions

Recent activity within the organization

  • Annual General Meeting

    Velaga Soft Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

    30 Sep 2022

  • Balance Sheet

    Velaga Soft Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Hyderabad.

    31 Mar 2022

  • Director Appointment

    Suresh Kakinada was appointed as a Director was appointed as a Director on 04 Jan 2019 & has been associated with this company since 6 years 1 month .

    04 Jan 2019

  • Director Appointment

    Venkateswara Rao Velaga was appointed as a Director was appointed as a Director on 21 Apr 2016 & has been associated with this company since 8 years 10 months .

    21 Apr 2016

  • Company Incorporation

    Velaga Soft Solutions Private Limited was registered on 20 Mar 2012 with Roc Hyderabad & aged 12 years 11 months as per MCA records.

    20 Mar 2012

Frequently asked questions

  • Velaga Soft Solutions Private Limited was incorporated on 20 Mar 2012.

  • The authorized share capital of Velaga Soft Solutions Private Limited is ₹ 3.00 M and paid-up capital is ₹ 1.00 M.

  • Currently 2 directors are associated with Velaga Soft Solutions Private Limited.

    • Venkateswara Rao Velaga
    • Suresh Kakinada
  • As per Ministry of Corporate Affairs (Mca), the registered address of Velaga Soft Solutions Private Limited is Flat No.102 Image Enclave Opposite To Bachpan School Silicon Valley Line Hi- Tech City, India, Hyderabad, Telangana, 500081.

  • The corporate identification number (CIN) of Velaga Soft Solutions Private Limited is U72900TG2012PTC079881 and the company number is 079881 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Velaga Soft Solutions Private Limited is https://www.velagasoft.com

  • According to the financial reports for the fiscal year 2020, the revenue trend for Velaga Soft Solutions Private Limited has fallen by -14.34%.

  • As Per 2020 financial reports, 10 employees are currently employed by Velaga Soft Solutions Private Limited.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Velaga Soft Solutions Private Limited has experienced an upsurge of 20.98%.

  • The most recent Balance Sheet for Velaga Soft Solutions Private Limited was filed with the ROC on 31 Mar 2022.

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