Version 1 Services Private Limited

Provides ERP-based application consultancy services for various industries.

2007 | Bangaluru, Karnataka (India) | Active
Last Updated:

Version 1 Services Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 18 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 79.84%
  • Profit Growth 45.61%
  • Ebitda 47.41%
  • Net Worth 75.48%
  • Total Assets 76.52%

About Version 1 Services

Version 1 Services Private Limited (V1SPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 09 February 2007 and has a history of 18 years and two months. Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Version 1 Software Private Limited. 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 1.50 M and a paid-up capital of Rs 1.00 M, as per Ministry of Corporate Affairs (MCA) records.

Thomas Oconnor and Ravi Kumarnarasinga 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

    U74140KA2007PTC167471

  • Company No.

    129579

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Feb 2007

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology
Company report

Version 1 Services Private Limited

Explore comprehensive data for Version 1 Services Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Version 1 Services?

Board Members (2)

NameDesignationAppointment DateStatus
Thomas Oconnor Country flag representing Ie Director 14-Feb-2019Current
Ravi Kumarnarasinga Country flag representing In Whole-Time Director 03-Mar-2020Current

Financial Performance of Version 1 Services.

Version 1 Services Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 79.84% increase. The company also saw a substantial improvement in profitability, with a 45.61% increase in profit. The company's net worth Soared by an impressive increase of 75.48%.

Version 1 Services revenue growth over time
Version 1 Services 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
79.84%
Revenue from Operations
79.94%
Total Assets
76.52%
Profit or Loss
45.61%
Net Worth
75.48%
EBITDA
47.41%

What is the Ownership and Shareholding Structure of Version 1 Services?

In 2023, Version 1 Services 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 Version 1 Services?

Version 1 Services has a workforce of 371 employees as of Apr 09, 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 Version 1 Services Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Version 1 Services, 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 Version 1 Services'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 Version 1 Services

Recent activity within the organization

  • Annual General Meeting

    Version 1 Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Version 1 Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Director Appointment

    Ravi Kumarnarasinga was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 03 Mar 2020 & has been associated with this company since 5 years 2 months .

  • Director Appointment

    Thomas Anthony Oconnor was appointed as a Director was appointed as a Director on 14 Feb 2019 & has been associated with this company since 6 years 2 months .

  • Company Incorporation

    Version 1 Services Private Limited was registered on 09 Feb 2007 with Roc Bangalore & aged 18 years 2 months as per MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Version 1 Services Private Limited?

    Version 1 Services Private Limited was incorporated on 09 Feb 2007.

  • What is authorized share capital and paid-up capital of Version 1 Services Private Limited?

    The authorized share capital of Version 1 Services Private Limited is ₹ 1.50 M and paid-up capital is ₹ 1.00 M.

  • Who are the current board members & directors of Version 1 Services Private Limited?

    Currently 2 directors are associated with Version 1 Services Private Limited.

    • Thomas Anthony Oconnor
    • Ravi Kumarnarasinga
  • What is the registered address of Version 1 Services Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Version 1 Services Private Limited is 25 Nakshatra 6Th Block 100 Feet Road, Banashankari 3 Rd Stage India, Bengaluru, Karnataka, 560085.

  • What is the corporate identification number (CIN) and company number of Version 1 Services Private Limited?

    The corporate identification number (CIN) of Version 1 Services Private Limited is U74140KA2007PTC167471 and the company number is 129579 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Version 1 Services Private Limited?

    The Official website of Version 1 Services Private Limited is https://www.version1.com

  • What has been the recent revenue trend for Version 1 Services Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Version 1 Services Private Limited has risen by 79.84%.

  • How many employees does Version 1 Services Private Limited currently have?

    As Per 2023 financial reports, 371 employees are currently employed by Version 1 Services Private Limited.

  • What change has been observed in the net worth of Version 1 Services Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Version 1 Services Private Limited has experienced an upsurge of 75.48%.

  • When was the last Balance Sheet of Version 1 Services Private Limited filed with the ROC?

    The most recent Balance Sheet for Version 1 Services Private Limited was filed with the ROC on 31 Mar 2024.

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