Volen Software Services Profile
Key Indicators
- Authorised Capital ₹ 2.00 M
as on 18-07-2024
- Paid Up Capital ₹ 0.20 M
as on 18-07-2024
- Company Age 19 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 4.95 Cr
as on 18-07-2024
- Satisfied Charges ₹ 2.00 Cr
as on 18-07-2024
- Revenue 2.77%
(FY 2022)
- Profit -3.98%
(FY 2022)
- Ebitda -8.22%
(FY 2022)
- Net Worth 2.71%
(FY 2022)
- Total Assets -10.65%
(FY 2022)
About Volen Software Services
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 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, Muniraju Srinivas, and Venkatesh Jayaramaiah serve as directors at the Company.
- CIN/LLPIN
U72200KA2005PTC036959
- Company No.
036959
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
11 Aug 2005
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Company Details
- Location
Bangalore, Karnataka, India
- Telephone
- Email Address
- Website
- Social Media-
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 |
| Muniraju Srinivas | Director | 11-Aug-2005 | Current |
Venkatesh Jayaramaiah  | Whole-Time Director | 11-Aug-2005 | Current |
Financial Performance of Volen Software Services.
Volen Software Services Private Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 2.77% increase. The company also saw a slight decrease in profitability, with a 3.98% decrease in profit. The company's net worth moved up by a moderate rise of 2.71%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Volen Software Services?
In 2019, 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)
Volen Hr Solutions Private LimitedActive 15 years 1 monthManjunath Jayaramaiah, Muniraju Srinivas and 1 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 14 Aug 2018 | ₹4.95 Cr | Open |
Hdfc Bank Limited Creation Date: 25 May 2016 | ₹1.00 Cr | Satisfied |
Hdfc Bank Limited Creation Date: 05 May 2016 | ₹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.
