Vergo Technology Solutions Private Limited

Provides software and system development and consultancy services for domestic and international clients.

2006 | Hyderabad, Telangana (India) | Active
Last Updated: January 14, 2025

Vergo Technology Solutions Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 19 Year, 11 Days
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 15.70 Cr
  • Revenue Growth %
  • Profit Growth 20.41%
  • Net Worth -1.60%
  • Total Assets -1.19%

About Vergo Technology Solutions

Vergo Technology Solutions Private Limited (VTSPL) is a Private Limited Indian Non-Government Company incorporated in India on 02 February 2006 and has a history of 19 years. Its registered office is in Hyderabad, Telangana, India.

The Company is engaged in the Business Outsourcing 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 5.00 M and a paid-up capital of Rs 5.00 M.

The company has closed loans amounting to ₹15.70 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Sreenivasa Musani and Musani Reddy 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

    U72200TG2006PTC048996

  • Company No.

    048996

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 Feb 2006

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Business Outsourcing

Who are the key members and board of directors at Vergo Technology Solutions?

Board Members (2)

Name Designation Appointment Date Status
Sreenivasa Musani Country flag representing In Director 02-Feb-2006 Current
Musani Reddy Country flag representing In Director 02-Feb-2006 Current

Financial Performance of Vergo Technology Solutions.

Vergo Technology Solutions Private Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 20.41% increase in profit. The company's net worth dipped by a decrease of 1.6%.

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
Revenue from Operations
Total Assets
-1.19%
Profit or Loss
20.41%
Net Worth
-1.60%
EBITDA

What is the Ownership and Shareholding Structure of Vergo Technology Solutions?

Unlock access to Vergo Technology Solutions's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹157.00 M

Charges Breakdown by Lending Institutions

  • Kotak Mahindra Bank Limited : 8.00 Cr
  • State Bank Of Mysore : 5.90 Cr
  • Indiabulls Financial Services Limited : 1.80 Cr

Latest Charge Details

Date Lender Amount Status
07 Jun 2012 Kotak Mahindra Bank Limited ₹8.00 Cr Satisfied
05 Jan 2010 Indiabulls Financial Services Limited ₹1.80 Cr Satisfied
26 Nov 2008 State Bank Of Mysore ₹9.00 M Satisfied
27 Jun 2007 State Bank Of Mysore ₹5.00 Cr Satisfied

How Many Employees Work at Vergo Technology Solutions?

Unlock and access historical data on people associated with Vergo Technology Solutions, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Vergo Technology 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 Vergo Technology 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 Vergo Technology Solutions

Recent activity within the organization

  • Annual General Meeting

    Vergo Technology Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Vergo Technology Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

    31 Mar 2023

  • Charges

    A charge registered on 07 Jun 2012 via Charge ID 10360081 with Kotak Mahindra Bank Limited was fully satisfied on 30 Aug 2019.

    30 Aug 2019

  • Charges

    A charge registered on 05 Jan 2010 via Charge ID 10196721 with Indiabulls Financial Services Limited was fully satisfied on 12 Jul 2012.

    12 Jul 2012

  • Charges

    A charge with Kotak Mahindra Bank Limited amounted to Rs. 80.00 M with Charge ID 10360081 was registered on 07 Jun 2012.

    07 Jun 2012

  • Charges

    A charge registered on 27 Jun 2007 via Charge ID 10063282 with State Bank Of Mysore was fully satisfied on 04 Aug 2010.

    04 Aug 2010

Frequently asked questions

  • Vergo Technology Solutions Private Limited was incorporated on 02 Feb 2006.

  • The authorized share capital of Vergo Technology Solutions Private Limited is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.

  • Currently 2 directors are associated with Vergo Technology Solutions Private Limited.

    • Sreenivasa Reddy Musani
    • Musani Rama Krishna Reddy
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vergo Technology Solutions Private Limited is Plot No.2 3 Suite 7 8 4Th Floor Ektha Towers White Fields, Kondapur India, Hyderabad, Telangana, 500084.

  • The corporate identification number (CIN) of Vergo Technology Solutions Private Limited is U72200TG2006PTC048996 and the company number is 048996 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2023 indicates that The net worth of Vergo Technology Solutions Private Limited has experienced an downturn of -1.60%.

  • The most recent Balance Sheet for Vergo Technology Solutions Private Limited was filed with the ROC on 31 Mar 2023.