Virtus Tech Private Limited

Provides system integration and IT infrastructure management services, including hardware and software sales and mobility solutions.

2010 | Bangalore, Karnataka (India) | Active
Last Updated: February 09, 2025

Virtus Tech Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 14 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 5.00 M
  • Satisfied Charges ₹ 1.10 Cr
  • Revenue Growth -11.64%
  • Profit Growth 27.81%
  • Ebitda 2920.84%
  • Net Worth 18.81%
  • Total Assets 5.27%

About Virtus Tech

Virtus Tech Private Limited (VTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 April 2010 and has a history of 14 years and ten months. Its registered office is in Bangalore, Karnataka, 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 1.00 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹5.00 M. The company has closed loans amounting to ₹1.10 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ramesha Shetty and Rahuldev Holla serve as directors at the Company.

Company Details

  • Location

    Bangalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    virtustechglobal.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200KA2010PTC053243

  • Company No.

    053243

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Apr 2010

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology

Who are the key members and board of directors at Virtus Tech?

Board Members (2)

NameDesignationAppointment DateStatus
Ramesha Shetty Country flag representing In Director 16-Apr-2010Current
Rahuldev Holla Country flag representing In Director 16-Apr-2010Current

Financial Performance of Virtus Tech.

Virtus Tech Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 11.64% decrease. The company also saw a substantial improvement in profitability, with a 27.81% increase in profit. The company's net worth Soared by an impressive increase of 18.81%.

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
-11.64%
Revenue from Operations
-11.64%
Total Assets
5.27%
Profit or Loss
27.81%
Net Worth
18.81%
EBITDA
2920.84%

What is the Ownership and Shareholding Structure of Virtus Tech?

Unlock access to Virtus Tech's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹5.00 M

Satisfied Charges

₹11.00 M

Charges Breakdown by Lending Institutions

  • Others : 0.50 Cr

Latest Charge Details

DateLenderAmountStatus
23 Feb 2024Others₹5.00 MOpen
07 Sep 2021Others₹3.00 MSatisfied
24 Jul 2014Volkswagen Finance Private Limited₹3.50 MSatisfied
24 Jul 2014Volkswagen Finance Private Limited₹3.50 MSatisfied
08 Oct 2010The Karnataka Bank Limited₹1.00 MSatisfied

How Many Employees Work at Virtus Tech?

Unlock and access historical data on people associated with Virtus Tech, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Charges

    A charge registered on 07 Sep 2021 via Charge ID 100485602 with Others was fully satisfied on 28 Feb 2024.

    28 Feb 2024

  • Charges

    A charge with Others amounted to Rs. 5.00 M with Charge ID 100879142 was registered on 23 Feb 2024.

    23 Feb 2024

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Virtus Tech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge registered on 08 Oct 2010 via Charge ID 10252935 with The Karnataka Bank Limited was fully satisfied on 10 Sep 2021.

    10 Sep 2021

  • Charges

    A charge with Others amounted to Rs. 3.00 M with Charge ID 100485602 was registered on 07 Sep 2021.

    07 Sep 2021

Frequently asked questions

  • Virtus Tech Private Limited was incorporated on 16 Apr 2010.

  • The authorized share capital of Virtus Tech Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Virtus Tech Private Limited.

    • Ramesha Shetty
    • Rahuldev Ambadas Holla
  • As per Ministry of Corporate Affairs (Mca), the registered address of Virtus Tech Private Limited is No.32 Transmunnazira 3Rd Floor Coles Road, India, Bangalore North, Karnataka, 560005.

  • The corporate identification number (CIN) of Virtus Tech Private Limited is U72200KA2010PTC053243 and the company number is 053243 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Virtus Tech Private Limited is https://www.virtustechglobal.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Virtus Tech Private Limited has fallen by -11.64%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Virtus Tech Private Limited has experienced an upsurge of 18.81%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Virtus Tech Private Limited amount to ₹ 5.00 M.

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