Ver Se Innovation Private Limited

Provides telecom value-added services, digital e-book services, and payment platform for mobile and telecom operators.

2007 | Bangaluru, Karnataka (India) | Active
Last Updated: November 17, 2024

Ver Se Innovation Profile

Key Indicators

  • Authorised Capital ₹ 19.27 Cr
  • Paid Up Capital ₹ 11.69 Cr
  • Company Age 17 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 488.01 Cr
  • Satisfied Charges ₹ 247.00 Cr
  • Revenue Growth 53.54%
  • Profit Growth 26.52%
  • Ebitda 1653.33%
  • Net Worth -8.75%
  • Total Assets -8.58%

About Ver Se Innovation

Ver Se Innovation Private Limited (VSIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 13 April 2007 and has a history of 17 years and ten months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Media And Publishing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 19.27 Cr and a paid-up capital of Rs 11.69 Cr.

The company currently has active open charges totaling ₹488.01 Cr. The company has closed loans amounting to ₹247.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Ver Se Innovation Private Limited India is Chanchal Kumar as COMPANY SECRETARY. Neeraj Bharadwaj, Virendra Gupta, Prakul Kaushiva, and Eight other members serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    verse.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200KA2007PTC042493

  • Company No.

    042493

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Apr 2007

  • Date of AGM

    27 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Media and Publishing

Who are the key members and board of directors at Ver Se Innovation?

Executive Team (2)

NameDesignationAppointment DateStatus
Virendra Gupta Country flag representing In Managing Director13-Apr-2007Current
Chanchal Kumar Country flag representing In Company Secretary22-Apr-2022Current

Board Members (10)

NameDesignationAppointment DateStatus
Sulabh Arya Country flag representing In Director 07-May-2021Current
Prakul Kaushiva Country flag representing Gb Director 19-May-2022Current
Nitin Kukreja Country flag representing In Director 28-Apr-2020Current
Neeraj Bharadwaj Country flag representing Us Director 24-Jan-2022Current
Utsav Mitra Country flag representing In Director 24-Jan-2023Current
Yana Kachurina Country flag representing Be Director 19-Oct-2021Current

Financial Performance of Ver Se Innovation.

Ver Se Innovation Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 53.54% increase. The company also saw a substantial improvement in profitability, with a 26.52% increase in profit. The company's net worth dipped by a decrease of 8.75%.

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
53.54%
Revenue from Operations
48.31%
Total Assets
-8.58%
Profit or Loss
26.52%
Net Worth
-8.75%
EBITDA
1653.33%

What is the Ownership and Shareholding Structure of Ver Se Innovation?

In 2023, Ver Se Innovation had a public holding of 100.01%. The company had 6 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

₹488.01 Cr

Satisfied Charges

₹247.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 287.00 Cr
  • Standard Chartered Bank : 143.00 Cr
  • Hdfc Bank Limited : 58.01 Cr

Latest Charge Details

DateLenderAmountStatus
28 Feb 2024Hdfc Bank Limited₹25.00 CrOpen
24 Jan 2024Others₹50.00 CrOpen
22 Dec 2023Others₹10.00 CrOpen
09 Jun 2023Standard Chartered Bank₹107.00 CrOpen
09 Feb 2023Others₹110.00 CrOpen

How Many Employees Work at Ver Se Innovation?

Ver Se Innovation has a workforce of 830 employees as of Sep 18, 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 Ver Se Innovation, 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 Ver Se Innovation'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 Ver Se Innovation

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 30.00 Cr registered on 30 Sep 2021 with Charge ID 100501171 was modified on 27 Aug 2024.

    27 Aug 2024

  • Director Appointment

    Deepak Dara was appointed as a Director was appointed as a Director on 08 Aug 2024 & has been associated with this company since 6 months 17 days .

    08 Aug 2024

  • Charges

    A charge with Others of Rs. 69.00 Cr registered on 16 Sep 2022 with Charge ID 100611368 was modified on 01 Apr 2024.

    01 Apr 2024

  • Charges

    A charge registered on 09 Feb 2023 via Charge ID 100682288 with Others was fully satisfied on 29 Feb 2024.

    29 Feb 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 25.00 Cr with Charge ID 100888043 was registered on 28 Feb 2024.

    28 Feb 2024

  • Charges

    A charge with Others amounted to Rs. 50.00 Cr with Charge ID 100883900 was registered on 24 Jan 2024.

    24 Jan 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Ver Se Innovation Private Limited was incorporated on 13 Apr 2007.

  • The authorized share capital of Ver Se Innovation Private Limited is ₹ 19.27 Cr and paid-up capital is ₹ 11.69 Cr.

  • Currently 12 directors are associated with Ver Se Innovation Private Limited.

    • Neeraj Bharadwaj
    • Virendra Kumar Gupta
    • Prakul Kaushiva
    • Utsav Mitra
    • Sulabh Arya
    • Yana Vladimirovna Kachurina
    • Surendra Jain
    • Deepak Dara
    • Chanchal Kumar
    • Vikram Vaidyanathan
    • Nitin Kukreja
    • Umang Bedi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ver Se Innovation Private Limited is 11Th Floor Wing E Helios Business Park Outer Ring Road Kadubeesanahalli, India, Bengaluru, Karnataka, 560103.

  • The corporate identification number (CIN) of Ver Se Innovation Private Limited is U72200KA2007PTC042493 and the company number is 042493 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ver Se Innovation Private Limited is https://www.verse.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ver Se Innovation Private Limited has risen by 53.54%.

  • As Per 2023 financial reports, 830 employees are currently employed by Ver Se Innovation Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ver Se Innovation Private Limited has experienced an downturn of -8.75%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ver Se Innovation Private Limited amount to ₹ 488.01 Cr.

  • The most recent Balance Sheet for Ver Se Innovation Private Limited was filed with the ROC on 31 Mar 2023.

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