Verifone India Technology Private Limited

Provides electronic payment solutions and services for various industries, including retail, hospitality, and healthcare.

2005 | Bangaluru, Karnataka (India) | Active
Last Updated: November 16, 2024

Verifone India Technology Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 1.60 Cr
  • Company Age 19 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 10.12%
  • Profit Growth 24.79%
  • Ebitda -0.76%
  • Net Worth 23.68%
  • Total Assets 16.52%

About Verifone India Technology

Verifone India Technology Private Limited (VITPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 23 December 2005 and has a history of 19 years and one month. Its registered office is in Bangaluru, Karnataka, 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 2024. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 1.60 Cr, as per Ministry of Corporate Affairs (MCA) records.

Marimuthu Karthikeyan and Ramanadha Rishinadhamangalam 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

    U72200KA2005PTC038023

  • Company No.

    038023

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Dec 2005

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology

Who are the key members and board of directors at Verifone India Technology?

Board Members (2)

Name Designation Appointment Date Status
Marimuthu Karthikeyan Country flag representing In Director 18-Apr-2024 Current
Ramanadha Rishinadhamangalam Country flag representing In Director 14-May-2024 Current

Financial Performance of Verifone India Technology.

Verifone India Technology Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 10.12% increase. The company also saw a substantial improvement in profitability, with a 24.79% increase in profit. The company's net worth Soared by an impressive increase of 23.68%.

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
10.12%
Revenue from Operations
6.89%
Total Assets
16.52%
Profit or Loss
24.79%
Net Worth
23.68%
EBITDA
-0.76%

What is the Ownership and Shareholding Structure of Verifone India Technology?

In 2022, Verifone India Technology had a promoter holding of 100.00%. 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 Verifone India Technology?

Verifone India Technology has a workforce of 633 employees as of Apr 04, 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 Verifone India Technology, 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 Verifone India Technology'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 Verifone India Technology

Recent activity within the organization

  • Annual General Meeting

    Verifone India Technology Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Director Appointment

    Ramanadha Sriram Natarajan Rishinadhamangalam was appointed as a Director was appointed as a Director on 14 May 2024 & has been associated with this company since 8 months 21 days .

    14 May 2024

  • Director Appointment

    Marimuthu Babyselvam Karthikeyan was appointed as a Director was appointed as a Director on 18 Apr 2024 & has been associated with this company since 9 months 17 days .

    18 Apr 2024

  • Balance Sheet

    Verifone India Technology Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Company Incorporation

    Verifone India Technology Private Limited was registered on 23 Dec 2005 with Roc Bangalore & aged 19 years 1 month as per MCA records.

    23 Dec 2005

Recent News, Updates & Announcement

Frequently asked questions

  • Verifone India Technology Private Limited was incorporated on 23 Dec 2005.

  • The authorized share capital of Verifone India Technology Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 1.60 Cr.

  • Currently 2 directors are associated with Verifone India Technology Private Limited.

    • Marimuthu Babyselvam Karthikeyan
    • Ramanadha Sriram Natarajan Rishinadhamangalam
  • As per Ministry of Corporate Affairs (Mca), the registered address of Verifone India Technology Private Limited is 2Nd Floor West Tower Gold Hill Supreme Software Park Plot 21 22 27 28 Sy No. 40 41 42 Electronic City Phase -2, India, Bangalore South, Karnataka, 560100.

  • The corporate identification number (CIN) of Verifone India Technology Private Limited is U72200KA2005PTC038023 and the company number is 038023 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Verifone India Technology Private Limited is https://www.verifone.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Verifone India Technology Private Limited has risen by 10.12%.

  • As Per 2023 financial reports, 633 employees are currently employed by Verifone India Technology Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Verifone India Technology Private Limited has experienced an upsurge of 23.68%.

  • The most recent Balance Sheet for Verifone India Technology Private Limited was filed with the ROC on 31 Mar 2024.

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