Virinchi Limited

Software development and research company offering various services to global clients in multiple industries.

1990 | Hyderabad, Telangana (India) | Active
Last Updated:

Virinchi Profile

Key Indicators

  • Authorised Capital ₹ 150.00 Cr
  • Paid Up Capital ₹ 102.42 Cr
  • Company Age 35 Year, 18 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 376.57 Cr
  • Satisfied Charges ₹ 70.44 Cr
  • Revenue Growth 3.23%
  • Profit Growth 0.51%
  • Ebitda -5.70%
  • Net Worth 11.99%
  • Total Assets 9.75%

About Virinchi

Virinchi Limited (VL) is a leading Public Limited Indian Non-Government Company incorporated in India on 13 March 1990 and has a history of 35 years. Its registered office is in Hyderabad, Telangana, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 532372.

The Corporate was formerly known as Virinchi Technologies 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 150.00 Cr and a paid-up capital of Rs 102.42 Cr.

The company currently has active open charges totaling ₹376.57 Cr. The company has closed loans amounting to ₹70.44 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Virinchi Limited India are Ravindranath Kolli as COMPANY SECRETARY and Maddala Rao as Cfo. Satyanarayana Vedula, Sri Kompella, Maddala Rao, and Three other members serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L72200TG1990PLC011104

  • Company No.

    011104

  • Stock Symbol

    BSE : 532372

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    13 Mar 1990

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Hyderabad

Industry

Information Technology

Who are the key members and board of directors at Virinchi?

Executive Team (2)

NameDesignationAppointment DateStatus
Ravindranath Kolli Country flag representing In Company Secretary23-May-2005Current
Maddala Rao CFO28-Sep-2019Current

Board Members (6)

NameDesignationAppointment DateStatus
Maddala Rao Country flag representing In Whole-Time Director 12-Nov-2018Current
Satyanarayana Vedula Country flag representing In Whole-Time Director 22-Feb-2021Current
Sri Kompella Country flag representing In Director 12-Aug-2013Current
Suresh Juthuga Country flag representing In Director 28-Feb-2019Current
Kunda Kalpana Country flag representing In Director 28-Aug-2017Current
Shyam Tipparaju Country flag representing In Director 12-Jun-2023Current

Financial Performance of Virinchi.

Virinchi Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 3.23% increase. The company also saw a slight improvement in profitability, with a 0.51% increase in profit. The company's net worth Soared by an impressive increase of 11.99%.

Virinchi revenue growth over time
Virinchi 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
3.23%
Revenue from Operations
0.64%
Total Assets
9.75%
Profit or Loss
0.51%
Net Worth
11.99%
EBITDA
-5.70%

What is the Ownership and Shareholding Structure of Virinchi?

In 2023, Virinchi had a promoter holding of 41.42% and a public holding of 58.57%. The company had 11 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹376.57 Cr

Satisfied Charges

₹70.44 Cr

Charges Breakdown by Lending Institutions

  • Others : 199.83 Cr
  • Canara Bank : 136.59 Cr
  • The Catholic Syrian Bank Ltd : 36.50 Cr
  • The South Indian Bank Limited : 2.65 Cr
  • Hdfc Bank Limited : 1.00 Cr

Latest Charge Details

DateLenderAmountStatus
31 Jan 2025Hdfc Bank Limited₹7.00 MOpen
08 Jan 2025Others₹39.84 CrOpen
30 Sep 2024Others₹25.00 CrOpen
03 Mar 2024Others₹2.10 CrOpen
28 Nov 2023Canara Bank₹2.65 CrOpen

How Many Employees Work at Virinchi?

Virinchi has a workforce of 25 employees as of Mar 27, 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 Virinchi Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Virinchi, 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 Virinchi'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 Virinchi

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.70 Cr with Charge ID 101050838 was registered on 31 Jan 2025.

  • Charges

    A charge with Others amounted to Rs. 39.84 Cr with Charge ID 101046848 was registered on 08 Jan 2025.

  • Charges

    A charge with Others of Rs. 39.84 Cr registered on 08 Jan 2025 with Charge ID 101046848 was modified on 08 Jan 2025.

  • Charges

    A charge with Others amounted to Rs. 25.00 Cr with Charge ID 100995869 was registered on 30 Sep 2024.

  • Annual General Meeting

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

  • Charges

    A charge with Others of Rs. 34.19 Cr registered on 19 Oct 2022 with Charge ID 100625568 was modified on 13 Sep 2024.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Virinchi Limited?

    Virinchi Limited was incorporated on 13 Mar 1990.

  • What is authorized share capital and paid-up capital of Virinchi Limited?

    The authorized share capital of Virinchi Limited is ₹ 150.00 Cr and paid-up capital is ₹ 102.42 Cr.

  • Who are the current board members & directors of Virinchi Limited?

    Currently 8 directors are associated with Virinchi Limited.

    • Satyanarayana Vedula
    • Sri Kalyan Kompella
    • Maddala Veera Srinivasa Rao
    • Ravindranath Tagore Kolli
    • Maddala Veera Srinivasa Rao
    • Suresh Juthuga
    • Kunda Kalpana
    • Shyam Sunder Tipparaju

  • What is the registered address of Virinchi Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Virinchi Limited is 8-2-672/5 6 4Th Floor Ilyas Mohammed Khan Estate Road No.1, Banjara Hills India, Hyderabad, Telangana, 500034.

  • What is the corporate identification number (CIN) and company number of Virinchi Limited?

    The corporate identification number (CIN) of Virinchi Limited is L72200TG1990PLC011104 and the company number is 011104 as per Ministry of Corporate Affairs (MCA).

  • Is Virinchi Limited registered with any stock exchange in India?

    Yes, Virinchi Limited is registered on Bombay Stock Exchange (BSE).

  • What is the official website of Virinchi Limited?

    The Official website of Virinchi Limited is https://www.virinchi.com

  • What has been the recent revenue trend for Virinchi Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Virinchi Limited has risen by 3.23%.

  • How many employees does Virinchi Limited currently have?

    As Per 2023 financial reports, 25 employees are currently employed by Virinchi Limited.

  • What change has been observed in the net worth of Virinchi Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Virinchi Limited has experienced an upsurge of 11.99%.

  • What are the total open charges for Virinchi Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Virinchi Limited amount to ₹ 376.57 Cr.

  • When was the last Balance Sheet of Virinchi Limited filed with the ROC?

    The most recent Balance Sheet for Virinchi Limited was filed with the ROC on 31 Mar 2024.

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