Vorbitech Solutions Private Limited

Software development company providing a wide range of services including web design, e-commerce, and automation.

2016 | Pune, Maharashtra (India) | Active
Last Updated: December 20, 2024

Vorbitech Solutions Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.41 M
  • Company Age 8 Year, 2 Months
  • Last Filing with ROC 31 Mar 2021
  • Revenue Growth -72.30%
  • Profit Growth 60.71%
  • Ebitda 66.20%
  • Net Worth -14.83%
  • Total Assets -6.73%

About Vorbitech Solutions

Vorbitech Solutions Private Limited (VSPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 25 November 2016 (Eight years and two months 23 days old ). Its registered office is in Pune, Maharashtra, India.

The Corporate was formerly known as Vorbicon Technologies 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 2021. It's a company limited by shares with an authorized capital of Rs 0.50 M and a paid-up capital of Rs 0.41 M, as per Ministry of Corporate Affairs (MCA) records.

Bhargav Pendse and Prashant Lambat serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999PN2016PTC167299

  • Company No.

    167299

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Nov 2016

  • Date of AGM

    30 Nov 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Information Technology

Who are the key members and board of directors at Vorbitech Solutions?

Board Members (2)

Name Designation Appointment Date Status
Bhargav Pendse Country flag representing In Director 25-Nov-2016 Current
Prashant Lambat Country flag representing In Director 25-Nov-2016 Current

Financial Performance of Vorbitech Solutions.

Vorbitech Solutions Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 72.3% decrease. The company also saw a substantial improvement in profitability, with a 60.71% increase in profit. The company's net worth observed a substantial decline by a decrease of 14.83%.

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
-72.30%
Revenue from Operations
-72.47%
Total Assets
-6.73%
Profit or Loss
60.71%
Net Worth
-14.83%
EBITDA
66.20%

What is the Ownership and Shareholding Structure of Vorbitech Solutions?

In 2018, Vorbitech Solutions 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Vorbitech Solutions?

Unlock and access historical data on people associated with Vorbitech Solutions, 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 Vorbitech Solutions, 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 Vorbitech Solutions'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 Vorbitech Solutions

Recent activity within the organization

  • Annual General Meeting

    Vorbitech Solutions Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.

    30 Nov 2021

  • Balance Sheet

    Vorbitech Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Pune.

    31 Mar 2021

  • Director Appointment

    Bhargav Madhav Pendse was appointed as a Director was appointed as a Director on 25 Nov 2016 & has been associated with this company since 8 years 2 months .

    25 Nov 2016

  • Director Appointment

    Prashant Prabhakar Lambat was appointed as a Director was appointed as a Director on 25 Nov 2016 & has been associated with this company since 8 years 2 months .

    25 Nov 2016

  • Company Incorporation

    Vorbitech Solutions Private Limited was registered on 25 Nov 2016 with Roc Pune & aged 8 years 2 months as per MCA records.

    25 Nov 2016

Frequently asked questions

  • Vorbitech Solutions Private Limited was incorporated on 25 Nov 2016.

  • The authorized share capital of Vorbitech Solutions Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.41 M.

  • Currently 2 directors are associated with Vorbitech Solutions Private Limited.

    • Bhargav Madhav Pendse
    • Prashant Prabhakar Lambat
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vorbitech Solutions Private Limited is My World Flat No. C-602 Sr. 128/1 128/2, India, Pune, Maharashtra, 411045.

  • The corporate identification number (CIN) of Vorbitech Solutions Private Limited is U74999PN2016PTC167299 and the company number is 167299 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Vorbitech Solutions Private Limited has fallen by -72.30%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Vorbitech Solutions Private Limited has experienced an downturn of -14.83%.

  • The most recent Balance Sheet for Vorbitech Solutions Private Limited was filed with the ROC on 31 Mar 2021.