Veryx Technologies Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 7.69 Cr
- Company Age 22 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 14.08 Cr
- Revenue Growth 8.97%
- Profit Growth 35.43%
- Ebitda -25.79%
- Net Worth 7.55%
- Total Assets -0.41%
About Veryx Technologies
Veryx Technologies Private Limited (VTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 June 2002 and has a history of 22 years and eight months. Its registered office is in Chennai, Tamil Nadu, India.
The Corporate was formerly known as Net O2 Technologies 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 10.00 Cr and a paid-up capital of Rs 7.69 Cr.
The company has closed loans amounting to ₹14.08 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
David Charlu, Seshadri Raghavan, Y Fouz, and One other member serve as directors at the Company.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U72200TN2002PTC049067
- Company No.
049067
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
11 Jun 2002
- Date of AGM
02 Jun 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Who are the key members and board of directors at Veryx Technologies?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Seshadri Raghavan  | Additional Director | 11-Mar-2024 | Current |
| David Charlu | Director | 11-Jun-2002 | Current |
| Y Fouz | Additional Director | 11-Mar-2024 | Current |
| Raghunathan Deepak | Additional Director | 08-Jun-2024 | Current |
Financial Performance of Veryx Technologies.
Veryx Technologies Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 8.97% increase. The company also saw a substantial improvement in profitability, with a 35.43% increase in profit. The company's net worth moved up by a moderate rise of 7.55%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (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 Veryx Technologies?
In 2023, Veryx Technologies had a promoter holding of 99.30% and a public holding of 0.70%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Rajsesh Associates Private LimitedSeshadri Raghavan is a mutual person
- Lessonscape Academy Private Limited
Seshadri Raghavan is a mutual person
Charges (Loans)
₹0
₹14.08 Cr
Charges Breakdown by Lending Institutions
- Others : 6.36 Cr
- Hdfc Bank Limited : 3.90 Cr
- Icici Bank Limited : 1.40 Cr
- 3I Infotech Trusteeship Services Limited : 1.00 Cr
- Technology Development Board : 0.92 Cr
- Others : 0.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Aug 2021 | Others | ₹3.17 Cr | Satisfied |
| 23 Oct 2019 | Others | ₹3.19 Cr | Satisfied |
| 04 Jun 2013 | Hdfc Bank Limited | ₹3.90 Cr | Satisfied |
| 07 Dec 2011 | Icici Bank Limited | ₹1.40 Cr | Satisfied |
| 03 Mar 2009 | 3I Infotech Trusteeship Services Limited | ₹1.00 Cr | Satisfied |
How Many Employees Work at Veryx Technologies?
Veryx Technologies has a workforce of 50 employees as of Apr 03, 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 Veryx Technologies, 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 Veryx Technologies'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.
