Virinchi Profile
Key Indicators
- Authorised Capital ₹ 150.00 Cr
- Paid Up Capital ₹ 101.80 Cr
- Company Age 34 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 286.24 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 34 years and 11 months. 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 Consultants 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 150.00 Cr and a paid-up capital of Rs 101.80 Cr.
The company currently has active open charges totaling ₹286.24 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 Maddala Rao as CFO and Ravindranath Kolli as Company Secretary. Maddala Rao, Sri Kompella, Shyam Tipparaju, 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 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Hyderabad
Industry
Who are the key members and board of directors at Virinchi?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ravindranath Kolli  | Company Secretary | 23-May-2005 | Current |
| Maddala Rao | CFO | 12-Nov-2020 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Maddala Rao | Whole-Time Director | 28-Aug-2017 | Current |
| Sri Kompella | Director | 12-Aug-2013 | Current |
| Shyam Tipparaju | Director | 12-Jun-2023 | Current |
| Kunda Kalpana | Director | 28-Aug-2017 | Current |
| Suresh Juthuga | Director | 28-Feb-2019 | Current |
| Satyanarayana Vedula | Whole-Time Director | 22-Feb-2021 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Virinchi Media And Entertainment Private LimitedMaddala Rao and Satyanarayana Vedula are mutual person
Virinchi Infra And Realty Private LimitedMaddala Rao and Sri Kompella are mutual person
- Virinchi Capital Private Limited
Maddala Rao is a mutual person
- Virinchi Learning Private Limited
Maddala Rao and Sri Kompella are mutual person
- Virinchi Combinatorics And Systems Biology Private Limited
Maddala Rao and Sri Kompella are mutual person
Tensor Fields Consultancy Services Private LimitedMaddala Rao and Satyanarayana Vedula are mutual person
Charges (Loans)
₹286.24 Cr
₹70.44 Cr
Charges Breakdown by Lending Institutions
- Canara Bank : 136.59 Cr
- Others : 110.20 Cr
- The Catholic Syrian Bank Ltd : 36.50 Cr
- The South Indian Bank Limited : 2.65 Cr
- Hdfc Bank Limited : 0.30 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Nov 2023 | Canara Bank | ₹2.65 Cr | Open |
| 11 Oct 2023 | The Catholic Syrian Bank Ltd | ₹36.50 Cr | Open |
| 18 Aug 2023 | The South Indian Bank Limited | ₹2.65 Cr | Open |
| 15 Dec 2022 | Others | ₹4.84 M | Open |
| 19 Oct 2022 | Others | ₹15.00 Cr | Open |
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.
Deals i
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
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.
