Versatile Technolabs Private Limited

IT and computer services, specializing in electronic security systems and software development.

2014 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Versatile Technolabs Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 10 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.95 Cr
  • Satisfied 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 eight months. Its registered office is in Ahmedabad, 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 2024. 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 ₹4.95 Cr. The company has closed loans amounting to ₹8.00 M, as per Ministry of Corporate Affairs (MCA) records.

Bhavesh Korat, Jayantilal Korat, Bhaumik Tanti, and Two other members serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, 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

    25 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Information Technology
Company report

Versatile Technolabs Private Limited

Explore comprehensive data for Versatile Technolabs Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Versatile Technolabs?

Board Members (5)

NameDesignationAppointment DateStatus
Bhavesh Korat Country flag representing In Director 30-Jul-2014Current
Jayantilal Korat Country flag representing In Director 30-Jul-2014Current
Bhaumik Tanti Country flag representing In Director 02-Dec-2024Current
Vivekkumar Korat Country flag representing In Director 03-Feb-2015Current
Nishaben Korat Country flag representing In Director 03-Feb-2015Current

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%.

Versatile Technolabs revenue growth over time
Versatile Technolabs 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
-10.19%
Revenue from Operations
-9.48%
Total Assets
8.08%
Profit or Loss
149.87%
Net Worth
34.46%
EBITDA
40.76%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4.95 Cr

Satisfied Charges

₹0.80 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 4.95 Cr

Latest Charge Details

DateLenderAmountStatus
04 Jan 2024Hdfc Bank Limited₹4.95 CrOpen
13 Jan 2015The Kalupur Commercial Co-Operative Bank Limited₹8.00 MSatisfied

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.

Employee growth trends for Versatile Technolabs Private Limited

Deals i

Graph showing company valuation over time

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

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 Versatile Technolabs

Recent activity within the organization

  • Director Appointment

    Bhaumik Dhirajlal Tanti was appointed as a Director was appointed as a Director on 02 Dec 2024 & has been associated with this company since 4 months 5 days .

  • Annual General Meeting

    Versatile Technolabs Private Limited last Annual general meeting of members was held on 25 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Versatile Technolabs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 4.95 Cr with Charge ID 100843127 was registered on 04 Jan 2024.

  • Charges

    A charge registered on 13 Jan 2015 via Charge ID 10542867 with The Kalupur Commercial Co-Operative Bank Limited was fully satisfied on 26 Dec 2023.

  • 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.

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 5 directors are associated with Versatile Technolabs Private Limited.

    • Bhavesh Jayantilal Korat
    • Jayantilal Gokalbhai Korat
    • Bhaumik Dhirajlal Tanti
    • 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 S.P Ring Road Kathwada Ahmedabad, - India, Dascroi, Gujarat, 382430.

  • 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 ₹ 4.95 Cr.

  • 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 2024.

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