Versatile Technolabs Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 1.00 Cr
- Company Age 10 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 8.00 M
- Revenue Growth -10.19%
- Profit Growth 149.87%
- Ebitda 40.76%
- Net Worth 34.46%
- Total Assets 8.08%
About Versatile Technolabs
Versatile Technolabs Private Limited (VTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 30 July 2014 and has a history of Ten years and seven months. Its registered office is in Dascroi, Gujarat, 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 2023. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 1.00 Cr.
The company currently has active open charges totaling ₹8.00 M.
Jayantilal Korat, Bhavesh Korat, Vivekkumar Korat, and One other member serve as directors at the Company.
Company Details
- Location
Dascroi, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U74999GJ2014PTC080286
- Company No.
080286
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
30 Jul 2014
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Information Technology
Who are the key members and board of directors at Versatile Technolabs?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Jayantilal Korat  | Director | 30-Jul-2014 | Current |
| Bhavesh Korat | Director | 30-Jul-2014 | Current |
| Vivekkumar Korat | Director | 03-Feb-2015 | Current |
| Nishaben Korat | Director | 03-Feb-2015 | Current |
Financial Performance of Versatile Technolabs.
Versatile Technolabs Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 10.19% decrease. The company also saw a substantial improvement in profitability, with a 149.87% increase in profit. The company's net worth Soared by an impressive increase of 34.46%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Versatile Technolabs?
In 2023, Versatile Technolabs had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Jkorat Infrastructure Private LimitedJayantilal Korat and Vivekkumar Korat are mutual person
- Techtree Investment Private Limited
Bhavesh Korat is a mutual person
- Credapp Software Private Limited
Bhavesh Korat and Vivekkumar Korat are mutual person
Charges (Loans)
Open Charges
₹0.80 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- The Kalupur Commercial Co-Operative Bank Limited : 0.80 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Jan 2015 | The Kalupur Commercial Co-Operative Bank Limited | ₹8.00 M | Open |
How Many Employees Work at Versatile Technolabs?
Versatile Technolabs has a workforce of 5 employees as of Apr 07, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Versatile Technolabs, 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 Versatile Technolabs'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 Versatile Technolabs
Recent activity within the organization
- Annual General Meeting
Versatile Technolabs Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Versatile Technolabs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.
- Charges
A charge with The Kalupur Commercial Co-Operative Bank Limited of Rs. 0.80 Cr registered on 13 Jan 2015 with Charge ID 10542867 was modified on 21 Feb 2019.
- Director Appointment
Vivekkumar Jayantilal Korat was appointed as a Director was appointed as a Director on 03 Feb 2015 & has been associated with this company since 10 years 29 days .
- Director Appointment
Nishaben Bhaveshbhai Korat was appointed as a Director was appointed as a Director on 03 Feb 2015 & has been associated with this company since 10 years 29 days .
- Charges
A charge with The Kalupur Commercial Co-Operative Bank Limited amounted to Rs. 0.80 Cr with Charge ID 10542867 was registered on 13 Jan 2015.
Frequently asked questions
What is the Incorporation or founding date of Versatile Technolabs Private Limited?
Versatile Technolabs Private Limited was incorporated on 30 Jul 2014.
What is authorized share capital and paid-up capital of Versatile Technolabs Private Limited?
The authorized share capital of Versatile Technolabs Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.
Who are the current board members & directors of Versatile Technolabs Private Limited?
Currently 4 directors are associated with Versatile Technolabs Private Limited.
- Jayantilal Gokalbhai Korat
- Bhavesh Jayantilal Korat
- Vivekkumar Jayantilal Korat
- Nishaben Bhaveshbhai Korat
What is the registered address of Versatile Technolabs Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Versatile Technolabs Private Limited is Shed No. B/26 Versatile Estate Nr. Gopalcharan Ind Estate S.P Ring Road Kathwada Ahmedabad Gujarat - 382430, Dascroi, India.
What is the corporate identification number (CIN) and company number of Versatile Technolabs Private Limited?
The corporate identification number (CIN) of Versatile Technolabs Private Limited is U74999GJ2014PTC080286 and the company number is 080286 as per Ministry of Corporate Affairs (MCA).
What is the official website of Versatile Technolabs Private Limited?
The Official website of Versatile Technolabs Private Limited is https://www.versatiletechno.in
What has been the recent revenue trend for Versatile Technolabs Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Versatile Technolabs Private Limited has fallen by -10.19%.
How many employees does Versatile Technolabs Private Limited currently have?
As Per 2023 financial reports, 5 employees are currently employed by Versatile Technolabs Private Limited.
What change has been observed in the net worth of Versatile Technolabs Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Versatile Technolabs Private Limited has experienced an upsurge of 34.46%.
What are the total open charges for Versatile Technolabs Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Versatile Technolabs Private Limited amount to ₹ 8.00 M.
When was the last Balance Sheet of Versatile Technolabs Private Limited filed with the ROC?
The most recent Balance Sheet for Versatile Technolabs Private Limited was filed with the ROC on 31 Mar 2023.