Version Systems Private Limited

Software company providing payroll, HR, attendance, expense, and retirement benefit management systems to various clients.

2005 | Navi Mumbai, Maharashtra (India) | Active
Last Updated: February 06, 2025

Version Systems Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 19 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 1.17 Cr
  • Revenue Growth 59.36%
  • Profit Growth 26.75%
  • Ebitda -11.66%
  • Net Worth 38.47%
  • Total Assets 49.20%

About Version Systems

Version Systems Private Limited (VSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 July 2005 and has a history of 19 years and seven months. Its registered office is in Navi Mumbai, Maharashtra.

The Corporate was formerly known as Fortune Outsource And Services 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 0.10 M and a paid-up capital of Rs 0.10 M.

The company has closed loans amounting to ₹1.17 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Aniruddh Nagodra and Nirajkumar Karelia serve as directors at the Company.

Company Details

  • Location Navi Mumbai, Maharashtra
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    versionsystems.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74990MH2005PTC154579

  • Company No.

    154579

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Jul 2005

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Information Technology
Business Outsourcing

What products or services does Version Systems Private Limited offer?

Version Systems Private Limited offers a wide range of products and services, including ERP Packages, SAP Software, Application Software Packages, Corporate Finance & Leasing Advisors, Investment Service, Charitable Trust, HR Management Software, Payroll Software.

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

Board Members (2)

Name Designation Appointment Date Status
Nirajkumar Karelia Country flag representing In Director 02-May-2006 Current
Aniruddh Nagodra Country flag representing In Director 02-May-2006 Current

Financial Performance of Version Systems.

Version Systems Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 59.36% increase. The company also saw a substantial improvement in profitability, with a 26.75% increase in profit. The company's net worth Soared by an impressive increase of 38.47%.

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
59.36%
Revenue from Operations
58.83%
Total Assets
49.20%
Profit or Loss
26.75%
Net Worth
38.47%
EBITDA
-11.66%

What is the Ownership and Shareholding Structure of Version Systems?

In 2023, Version Systems had a public holding of 5.02%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹11.70 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 0.89 Cr
  • Others : 0.28 Cr

Latest Charge Details

Date Lender Amount Status
19 Mar 2021 Others ₹1.40 M Satisfied
02 Mar 2021 Others ₹1.40 M Satisfied
19 Mar 2013 Hdfc Bank Limited ₹8.90 M Satisfied

How Many Employees Work at Version Systems?

Version Systems has a workforce of 17 employees as of Mar 29, 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 Version Systems, 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 Systems'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 Systems

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Version Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge registered on 02 Mar 2021 via Charge ID 100436346 with Others was fully satisfied on 22 Dec 2021.

    22 Dec 2021

  • Charges

    A charge registered on 19 Mar 2021 via Charge ID 100425047 with Others was fully satisfied on 15 Dec 2021.

    15 Dec 2021

  • Charges

    A charge with Others amounted to Rs. 1.40 M with Charge ID 100425047 was registered on 19 Mar 2021.

    19 Mar 2021

  • Charges

    A charge with Others amounted to Rs. 1.40 M with Charge ID 100436346 was registered on 02 Mar 2021.

    02 Mar 2021

Frequently asked questions

  • Version Systems Private Limited was incorporated on 07 Jul 2005.

  • The authorized share capital of Version Systems Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Version Systems Private Limited.

    • Aniruddh Kamleshkumar Nagodra
    • Nirajkumar Ramniklal Karelia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Version Systems Private Limited is Office No.19 Balaji Towers, Sector-30A Vashi India, Navi Mumbai, Maharashtra, 400705.

  • The corporate identification number (CIN) of Version Systems Private Limited is U74990MH2005PTC154579 and the company number is 154579 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Version Systems Private Limited is https://www.versionsystems.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Version Systems Private Limited has risen by 59.36%.

  • As Per 2023 financial reports, 17 employees are currently employed by Version Systems Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Version Systems Private Limited has experienced an upsurge of 38.47%.

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

People also Viewed

Similar Companies Based on HR Outsourcing & Talent Management