Virtuoso Netsoft Private Limited

IT design and development services for applications, including software, web, and mobile app development.

2011 | Chandigarh (India) | Active
Last Updated: January 20, 2025

Virtuoso Netsoft Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 9.01 Cr
  • Company Age 14 Year, 18 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 56.81 Cr
  • Satisfied Charges ₹ 62.90 Cr
  • Revenue Growth 42.51%
  • Profit Growth 36.05%
  • Ebitda 42.85%
  • Net Worth 53.86%
  • Total Assets 1.69%

About Virtuoso Netsoft

Virtuoso Netsoft Private Limited (VNPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 21 January 2011 and has a history of 14 years. Its registered office is in Chandigarh, India.

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 9.01 Cr.

The company currently has active open charges totaling ₹56.81 Cr. The company has closed loans amounting to ₹62.90 Cr, as per Ministry of Corporate Affairs (MCA) records.

Nitendra Tiwari and Sonika Sharma serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U72900CH2011PTC032701

  • Company No.

    032701

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Jan 2011

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Information Technology

What products or services does Virtuoso Netsoft Private Limited offer?

Virtuoso Netsoft Private Limited offers a wide range of products and services, including Travel Bags & Backpacks, Backpacks, Website Designing, Mobile Application Development, Android Application Development Services, Mobile Software, Laptop Bag, Laptop Backpack, Anti Theft Backpack, Dynamic Web Designing Services.

Who are the key members and board of directors at Virtuoso Netsoft?

Executive Team (1)

Name Designation Appointment Date Status
Nitendra Tiwari Country flag representing In Managing Director 21-Jan-2011 Current

Board Members (1)

Name Designation Appointment Date Status
Sonika Sharma Country flag representing In Director 15-Mar-2021 Current

Financial Performance of Virtuoso Netsoft.

Virtuoso Netsoft Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 42.51% increase. The company also saw a substantial improvement in profitability, with a 36.05% increase in profit. The company's net worth Soared by an impressive increase of 53.86%.

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
42.51%
Revenue from Operations
42.65%
Total Assets
1.69%
Profit or Loss
36.05%
Net Worth
53.86%
EBITDA
42.85%

What is the Ownership and Shareholding Structure of Virtuoso Netsoft?

In 2023, Virtuoso Netsoft had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹56.81 Cr

Satisfied Charges

₹62.90 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 41.80 Cr
  • The Hongkong And Shanghai Banking Corporation Limited : 14.00 Cr
  • Others : 1.01 Cr

Latest Charge Details

Date Lender Amount Status
31 Mar 2023 Others ₹2.11 M Open
20 Feb 2023 Others ₹8.00 M Open
05 Sep 2022 Hdfc Bank Limited ₹41.80 Cr Open
23 Aug 2022 The Hongkong And Shanghai Banking Corporation Limited ₹14.00 Cr Open
05 May 2022 Hdfc Bank Limited ₹24.50 Cr Satisfied

How Many Employees Work at Virtuoso Netsoft?

Virtuoso Netsoft has a workforce of 51 employees as of Mar 23, 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 Virtuoso Netsoft, 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 Virtuoso Netsoft'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 Virtuoso Netsoft

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 41.80 Cr registered on 05 Sep 2022 with Charge ID 100611144 was modified on 15 Dec 2023.

    15 Dec 2023

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 14.00 Cr registered on 23 Aug 2022 with Charge ID 100604711 was modified on 15 Dec 2023.

    15 Dec 2023

  • Annual General Meeting

    Virtuoso Netsoft Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 0.21 Cr with Charge ID 100702823 was registered on 31 Mar 2023.

    31 Mar 2023

  • Balance Sheet

    Virtuoso Netsoft Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 0.80 Cr with Charge ID 100686167 was registered on 20 Feb 2023.

    20 Feb 2023

Frequently asked questions

  • Virtuoso Netsoft Private Limited was incorporated on 21 Jan 2011.

  • The authorized share capital of Virtuoso Netsoft Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 9.01 Cr.

  • Currently 2 directors are associated with Virtuoso Netsoft Private Limited.

    • Nitendra Tiwari
    • Sonika Sharma
  • As per Ministry of Corporate Affairs (Mca), the registered address of Virtuoso Netsoft Private Limited is Netsmartz House Plot No-10 3Rd Floor Rajiv Gandhi It Park, Kishanga Rh India, Chandigarh, 160101.

  • The corporate identification number (CIN) of Virtuoso Netsoft Private Limited is U72900CH2011PTC032701 and the company number is 032701 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Virtuoso Netsoft Private Limited is https://www.virtuosonetsoft.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Virtuoso Netsoft Private Limited has risen by 42.51%.

  • As Per 2023 financial reports, 51 employees are currently employed by Virtuoso Netsoft Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Virtuoso Netsoft Private Limited has experienced an upsurge of 53.86%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Virtuoso Netsoft Private Limited amount to ₹ 56.81 Cr.

  • The most recent Balance Sheet for Virtuoso Netsoft Private Limited was filed with the ROC on 31 Mar 2023.

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