Version 1 Services Profile
Key Indicators
- Authorised Capital ₹ 1.50 M
as on 03-11-2024
- Paid Up Capital ₹ 1.00 M
as on 03-11-2024
- Company Age 17 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Revenue 79.84%
(FY 2023)
- Profit 45.61%
(FY 2023)
- Ebitda 47.41%
(FY 2023)
- Net Worth 75.48%
(FY 2023)
- Total Assets 76.52%
(FY 2023)
About Version 1 Services
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 2023. 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.
- CIN/LLPIN
U74140KA2007PTC167471
- Company No.
129579
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
09 Feb 2007
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Company Details
- Location
Bangalore, Karnataka, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at Version 1 Services?
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Thomas Oconnor  | Director | 14-Feb-2019 | Current |
Ravi Kumarnarasinga  | Whole-Time Director | 03-Mar-2020 | Current |
Financial Performance and Corporate Structure Insights 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
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.
Related Corporates (Common Directorship)
Qubix Consulting Private LimitedActive 8 years 6 monthsThomas Oconnor and Ravi Kumarnarasinga are mutual person
Charges (Loans)
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.
Deals i
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
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.
