Volen Software Services Profile
Key Indicators
- Authorised Capital ₹ 2.00 M
- Paid Up Capital ₹ 0.20 M
- Company Age 19 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 4.95 Cr
- Satisfied Charges ₹ 2.00 Cr
- Revenue Growth -21.75%
- Profit Growth -25.94%
- Ebitda -77.52%
- Net Worth 1.96%
- Total Assets -0.41%
About Volen Software Services
Volen Software Services Private Limited (VSSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 August 2005 and has a history of 19 years and seven months. Its registered office is in Bangalore, Karnataka.
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 2.00 M and a paid-up capital of Rs 0.20 M.
The company currently has active open charges totaling ₹4.95 Cr. The company has closed loans amounting to ₹2.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Manjunath Jayaramaiah, Venkatesh Jayaramaiah, and Muniraju Srinivas serve as directors at the Company.
Company Details
- Location Bangalore, Karnataka
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U72200KA2005PTC036959
- Company No.
036959
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
11 Aug 2005
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Information Technology
Volen Software Services Private Limited
Explore comprehensive data for Volen Software Services Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Volen Software Services?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Manjunath Jayaramaiah  | Director | 11-Aug-2005 | Current |
Venkatesh Jayaramaiah  | Whole-Time Director | 11-Aug-2005 | Current |
| Muniraju Srinivas | Director | 11-Aug-2005 | Current |
Financial Performance of Volen Software Services.
Volen Software Services Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 21.75% decrease. The company also saw a substantial fall in profitability, with a 25.94% decrease in profit. The company's net worth moved up by a moderate rise of 1.96%.
- Key Matrics
- Balance Sheet
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- Cash Flow
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What is the Ownership and Shareholding Structure of Volen Software Services?
In 2023, Volen Software Services had a promoter holding of 99.50% and a public holding of 0.50%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Charges (Loans)
Open Charges
₹49.50 M
Satisfied Charges
₹20.00 M
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 4.95 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Aug 2018 | Hdfc Bank Limited | ₹4.95 Cr | Open |
| 25 May 2016 | Hdfc Bank Limited | ₹1.00 Cr | Satisfied |
| 05 May 2016 | Hdfc Bank Limited | ₹1.00 Cr | Satisfied |
How Many Employees Work at Volen Software Services?
Volen Software Services has a workforce of 28 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 Volen Software Services, 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 Volen Software Services'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.
Latest Updates, News, and FAQs on Volen Software Services
Recent activity within the organization
- Annual General Meeting
Volen Software Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Volen Software Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Charges
A charge registered on 05 May 2016 via Charge ID 100035216 with Hdfc Bank Limited was fully satisfied on 21 Oct 2020.
- Charges
A charge with Hdfc Bank Limited of Rs. 49.50 M registered on 14 Aug 2018 with Charge ID 100197541 was modified on 01 Mar 2019.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 49.50 M with Charge ID 100197541 was registered on 14 Aug 2018.
- Charges
A charge registered on 25 May 2016 via Charge ID 100032201 with Hdfc Bank Limited was fully satisfied on 07 Sep 2017.
Frequently asked questions
What is the Incorporation or founding date of Volen Software Services Private Limited?
Volen Software Services Private Limited was incorporated on 11 Aug 2005.
What is authorized share capital and paid-up capital of Volen Software Services Private Limited?
The authorized share capital of Volen Software Services Private Limited is ₹ 2.00 M and paid-up capital is ₹ 0.20 M.
Who are the current board members & directors of Volen Software Services Private Limited?
Currently 3 directors are associated with Volen Software Services Private Limited.
- Manjunath Jayaramaiah
- Venkatesh Jayaramaiah
- Muniraju Srinivas
What is the registered address of Volen Software Services Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Volen Software Services Private Limited is 39 8Th Main Road Vasanth Nagar India, Bangalore, Karnataka, 560052.
What is the corporate identification number (CIN) and company number of Volen Software Services Private Limited?
The corporate identification number (CIN) of Volen Software Services Private Limited is U72200KA2005PTC036959 and the company number is 036959 as per Ministry of Corporate Affairs (MCA).
What is the official website of Volen Software Services Private Limited?
The Official website of Volen Software Services Private Limited is https://www.volensoftware.com
What has been the recent revenue trend for Volen Software Services Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Volen Software Services Private Limited has fallen by -21.75%.
How many employees does Volen Software Services Private Limited currently have?
As Per 2023 financial reports, 28 employees are currently employed by Volen Software Services Private Limited.
What change has been observed in the net worth of Volen Software Services Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Volen Software Services Private Limited has experienced an upsurge of 1.96%.
What are the total open charges for Volen Software Services Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Volen Software Services Private Limited amount to ₹ 4.95 Cr.
When was the last Balance Sheet of Volen Software Services Private Limited filed with the ROC?
The most recent Balance Sheet for Volen Software Services Private Limited was filed with the ROC on 31 Mar 2024.
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