Ver Se Innovation Profile
Key Indicators
- Authorised Capital ₹ 19.27 Cr
- Paid Up Capital ₹ 11.69 Cr
- Company Age 17 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 402.01 Cr
- Satisfied Charges ₹ 333.00 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 11 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 ₹402.01 Cr. The company has closed loans amounting to ₹333.00 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. Nitin Kukreja, Surendra Jain, Sulabh Arya, and Eight other members serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- 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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Virendra Gupta  | Managing Director | 13-Apr-2007 | Current |
| Chanchal Kumar | Company Secretary | 22-Apr-2022 | Current |
Board Members (10)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sulabh Arya | Director | 07-May-2021 | Current |
Prakul Kaushiva  | Director | 19-May-2022 | Current |
| Nitin Kukreja | Director | 19-May-2023 | Current |
| Surendra Jain | Director | 20-Jan-2023 | Current |
| Umang Bedi | Whole-Time Director | 24-Apr-2020 | Current |
Neeraj Bharadwaj  | Director | 24-Jan-2022 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Nxtra Data LimitedNeeraj Bharadwaj is a mutual person
Carlyle India Advisors Private LimitedNeeraj Bharadwaj is a mutual person
Green Agrevolution Private LimitedYana Kachurina is a mutual person
Foundation For Promotion Of Sports And GamesNeeraj Bharadwaj is a mutual person
Xeno Private LimitedUmang Bedi is a mutual person
Hexaware Technologies LimitedNeeraj Bharadwaj is a mutual person
Charges (Loans)
Open Charges
₹402.01 Cr
Satisfied Charges
₹333.00 Cr
Charges Breakdown by Lending Institutions
- Others : 237.00 Cr
- Standard Chartered Bank : 107.00 Cr
- Hdfc Bank Limited : 58.01 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Feb 2024 | Hdfc Bank Limited | ₹25.00 Cr | Open |
| 22 Dec 2023 | Others | ₹10.00 Cr | Open |
| 09 Jun 2023 | Standard Chartered Bank | ₹107.00 Cr | Open |
| 09 Feb 2023 | Others | ₹110.00 Cr | Open |
| 16 Sep 2022 | Others | ₹69.00 Cr | Open |
How Many Employees Work at Ver Se Innovation?
Ver Se Innovation has a workforce of 779 employees as of Mar 19, 2025. 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 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
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 Ver Se Innovation
Recent activity within the organization
- Charges
A charge registered on 24 Jan 2024 via Charge ID 100883900 with Others was fully satisfied on 12 Mar 2025.
- Charges
A charge with Others of Rs. 10.00 Cr registered on 22 Dec 2023 with Charge ID 100845039 was modified on 10 Feb 2025.
- Charges
A charge registered on 05 Dec 2022 via Charge ID 100663407 with Standard Chartered Bank was fully satisfied on 31 Jan 2025.
- 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.
- Director Appointment
Deepak Dara was appointed as a Director was appointed as a Director on 02 Aug 2024 & has been associated with this company since 7 months 25 days .
- 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.
Recent News, Updates & Announcement
- Dailyhunt parent VerSe Innovation buys majority stake in data provider Valueleaf | Company Business News.
The deal comes four months after VerSe, the parent of news aggregator Dailyhunt and short-video sharing app Josh, acquired US-based subscription service Magzter.
Frequently asked questions
What is the Incorporation or founding date of Ver Se Innovation Private Limited?
Ver Se Innovation Private Limited was incorporated on 13 Apr 2007.
What is authorized share capital and paid-up capital of Ver Se Innovation Private Limited?
The authorized share capital of Ver Se Innovation Private Limited is ₹ 19.27 Cr and paid-up capital is ₹ 11.69 Cr.
Who are the current board members & directors of Ver Se Innovation Private Limited?
Currently 12 directors are associated with Ver Se Innovation Private Limited.
- Nitin Kukreja
- Surendra Jain
- Sulabh Arya
- Umang Bedi
- Virendra Kumar Gupta
- Neeraj Bharadwaj
- Chanchal Kumar
- Deepak Dara
- Yana Vladimirovna Kachurina
- Utsav Mitra
- Prakul Kaushiva
- Vikram Vaidyanathan
What is the registered address of Ver Se Innovation Private Limited?
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.
What is the corporate identification number (CIN) and company number of Ver Se Innovation Private Limited?
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).
What is the official website of Ver Se Innovation Private Limited?
The Official website of Ver Se Innovation Private Limited is https://www.verse.in
What has been the recent revenue trend for Ver Se Innovation Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Ver Se Innovation Private Limited has risen by 53.54%.
How many employees does Ver Se Innovation Private Limited currently have?
As Per 2023 financial reports, 779 employees are currently employed by Ver Se Innovation Private Limited.
What change has been observed in the net worth of Ver Se Innovation Private Limited, and by what percentage?
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%.
What are the total open charges for Ver Se Innovation Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Ver Se Innovation Private Limited amount to ₹ 402.01 Cr.
When was the last Balance Sheet of Ver Se Innovation Private Limited filed with the ROC?
The most recent Balance Sheet for Ver Se Innovation Private Limited was filed with the ROC on 31 Mar 2023.
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