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Ver Se Innovation Location T. Score Charges People Network Registered Details
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VER SE INNOVATION PRIVATE LIMITED

www.dailyhunt.in
Active
Updated: 23 Oct 2024

It provides software publishing, consultancy and supply [Software publishing includes production], supply and documentation of ready-made (non-customized) software, operating systems software, business & other applications software, computer games software for all platforms.

Ver Se Innovation Private Limited, also popularly known as DailyHunt, is an unlisted private company incorporated on 13 April, 2007. It is classified as a private limited company and is located in Bangalore, Karnataka. It's authorized share capital is INR 19.27 cr and the total paid-up capital is INR 11.69 cr.

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Industry

Computer Related Services
Products
  • a carrier based billing platform for mobile applications that provides a payment vehicle for digital goods and services, Dailyhunt, an application that provides regional language news and eBooks; and iPayy
Key Metrics

** All rupee values in INR crores. Based on March 2023 numbers.

Sales
48.31%
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EBITDA
-
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Net Profit
-
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Networth
-8.75%
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Borrowings
2566.67%
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Assets
-8.58%
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Gross Margin
-
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Operating Margin
136.03
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Net Profit Margin
121.75
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Return on Equity
12.62
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ROCE
1.19
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Debt to Equity
0.04
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Sales
Mar 2023
Net worth
Mar 2023

Locations

indian flag India (4)
State Type Address

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Tofler Score

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Risk

Severe Risk
  • No risks identified
Moderate Risk
  • No risks identified
Low Risk
  • No risks identified
About Tofler Score
Tofler Score measures the quality of performance and integrity of a company. It is dependent on three key factors - Sustainability, Governance, and Growth.

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Financial Highlights

** All numbers in INR crores
Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Sales GET PRO GET PRO GET PRO GET PRO GET PRO
Operating profit GET PRO GET PRO GET PRO GET PRO GET PRO
Net profit GET PRO GET PRO GET PRO GET PRO GET PRO
Gross margin GET PRO GET PRO GET PRO GET PRO GET PRO
Operating margin GET PRO GET PRO GET PRO GET PRO GET PRO
Net margin GET PRO GET PRO GET PRO GET PRO GET PRO
Networth
Borrowings GET PRO GET PRO GET PRO GET PRO GET PRO
Assets GET PRO GET PRO GET PRO GET PRO GET PRO
Debt to equity GET PRO GET PRO GET PRO GET PRO GET PRO
Current ratio GET PRO GET PRO GET PRO GET PRO GET PRO
ROE GET PRO GET PRO GET PRO GET PRO GET PRO
Days payable GET PRO GET PRO GET PRO GET PRO GET PRO
WC days GET PRO GET PRO GET PRO GET PRO GET PRO
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Margins

Gross margin
Operating margin
Net margin

Balance Sheet

%
** All numbers in INR crores
Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity Capital GET PRO GET PRO GET PRO GET PRO GET PRO
Reserves GET PRO GET PRO GET PRO GET PRO GET PRO
Borrowings + GET PRO GET PRO GET PRO GET PRO GET PRO
Long term borrowings GET PRO GET PRO GET PRO GET PRO GET PRO
Short term borrowings GET PRO GET PRO GET PRO GET PRO GET PRO
Trade payables + GET PRO GET PRO GET PRO GET PRO GET PRO
Days payable GET PRO GET PRO GET PRO GET PRO GET PRO
Other liabilities + GET PRO GET PRO GET PRO GET PRO GET PRO
Other non-current liabilities GET PRO GET PRO GET PRO GET PRO GET PRO
Other current liabilities GET PRO GET PRO GET PRO GET PRO GET PRO
Total liabilities GET PRO GET PRO GET PRO GET PRO GET PRO
Fixed Assets + GET PRO GET PRO GET PRO GET PRO GET PRO
Tangible assets GET PRO GET PRO GET PRO GET PRO GET PRO
CWIP GET PRO GET PRO GET PRO GET PRO GET PRO
Intangible assets GET PRO GET PRO GET PRO GET PRO GET PRO
LT loans and advances GET PRO GET PRO GET PRO GET PRO GET PRO
Other non-current assets GET PRO GET PRO GET PRO GET PRO GET PRO
Current assets + GET PRO GET PRO GET PRO GET PRO GET PRO
Inventories GET PRO GET PRO GET PRO GET PRO GET PRO
Trade receivables GET PRO GET PRO GET PRO GET PRO GET PRO
Cash and cash equivalents GET PRO GET PRO GET PRO GET PRO GET PRO
ST loans and advances GET PRO GET PRO GET PRO GET PRO GET PRO
Other current assets GET PRO GET PRO GET PRO GET PRO GET PRO
Total assets GET PRO GET PRO GET PRO GET PRO GET PRO
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Total assets

Profit & Loss

%
** All numbers in INR crores
Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Sales + GET PRO GET PRO GET PRO GET PRO GET PRO
Sales growth % GET PRO GET PRO GET PRO GET PRO GET PRO
Expenses + GET PRO GET PRO GET PRO GET PRO GET PRO
Cost of goods GET PRO GET PRO GET PRO GET PRO GET PRO
Employee cost GET PRO GET PRO GET PRO GET PRO GET PRO
Other costs GET PRO GET PRO GET PRO GET PRO GET PRO
Operating profit + GET PRO GET PRO GET PRO GET PRO GET PRO
Operating margin % GET PRO GET PRO GET PRO GET PRO GET PRO
Other income GET PRO GET PRO GET PRO GET PRO GET PRO
Interest GET PRO GET PRO GET PRO GET PRO GET PRO
Depreciation GET PRO GET PRO GET PRO GET PRO GET PRO
Exceptional items GET PRO GET PRO GET PRO GET PRO GET PRO
Profit before tax GET PRO GET PRO GET PRO GET PRO GET PRO
Tax GET PRO GET PRO GET PRO GET PRO GET PRO
Profit - disc. ops GET PRO GET PRO GET PRO GET PRO GET PRO
Net profit GET PRO GET PRO GET PRO GET PRO GET PRO
Net margin % GET PRO GET PRO GET PRO GET PRO GET PRO
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Revenue from operations

Ratios

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Solvency +
Total Debt/Equity GET PRO GET PRO GET PRO GET PRO GET PRO
Net Debt/Equity GET PRO GET PRO GET PRO GET PRO GET PRO
Total Debt/Assets GET PRO GET PRO GET PRO GET PRO GET PRO
Total Assets/Equity GET PRO GET PRO GET PRO GET PRO GET PRO
Liquidity +
Current Ratio GET PRO GET PRO GET PRO GET PRO GET PRO
Quick Ratio GET PRO GET PRO GET PRO GET PRO GET PRO
Interest Coverage GET PRO GET PRO GET PRO GET PRO GET PRO
Performance
Gross Margin GET PRO GET PRO GET PRO GET PRO GET PRO
Operating Margin GET PRO GET PRO GET PRO GET PRO GET PRO
Net Margin GET PRO GET PRO GET PRO GET PRO GET PRO
Return +
Return on Equity GET PRO GET PRO GET PRO GET PRO GET PRO
Pre-tax ROCE GET PRO GET PRO GET PRO GET PRO GET PRO
Return on Assets GET PRO GET PRO GET PRO GET PRO GET PRO
Pre-tax ROIC GET PRO GET PRO GET PRO GET PRO GET PRO
Efficiency +
Days Payable GET PRO GET PRO GET PRO GET PRO GET PRO
Days Inventory GET PRO GET PRO GET PRO GET PRO GET PRO
Days Receivable GET PRO GET PRO GET PRO GET PRO GET PRO
Fixed Asset Turnover GET PRO GET PRO GET PRO GET PRO GET PRO
Total Asset Turnover GET PRO GET PRO GET PRO GET PRO GET PRO
Working Capital
Cash Conversion Cycle GET PRO GET PRO GET PRO GET PRO GET PRO
Working Capital Days GET PRO GET PRO GET PRO GET PRO GET PRO
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Ratios

Current ratio
Debt/equity ratio

Charges on assets

Bank wise
Charges
1

Standard Chartered Bank

No. of Loans: 2

Total Amount : 143.0 cr

2

Catalyst Trusteeship Limited

No. of Loans: 1

Total Amount : 110.0 cr

3

Kotak Mahindra Bank Limited

No. of Loans: 3

Total Amount : 109.0 cr

4

HDFC Bank Limited

No. of Loans: 2

Total Amount : 58.0 cr

5

ORBIS TRUSTEESHIP SERVICES PRIVATE LIMITED

No. of Loans: 1

Total Amount : 50.0 cr

6

IndusInd Bank Limited

No. of Loans: 1

Total Amount : 18.0 cr

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Charges

Standard Chartered Bank
Catalyst Trusteeship Limited
Kotak Mahindra Bank Limited
HDFC Bank Limited
Others

People

Designation Name DIN/PAN Tenure
Director Neeraj Bharadwaj 01314963 3 years
Managing Director Virendra Kumar Gupta
Shareholder
01828528 18 years
Director Nitin Kukreja 02278283 2 years
Whole-time Director Umang Bedi 02432920 5 years
Nominee Director Vikram Vaidyanathan 06764019 10 years
Director Prakul Kaushiva 08285582 3 years
Director Utsav Mitra 08958349 2 years
Director Sulabh Arya 09166446 4 years
Director Yana Vladimirovna Kachurina 09364753 3 years
Director Surendra Jain 09837558 2 years
Director Deepak Dara 10188023 0 years
CS Chanchal Kumar <HIDDEN> 3 years

Company Network

Companies connected through Directors

Name Status Paid up Capital Common Directors Address
FOUNDATION FOR PROMOTION OF SPORTS AND GAMES
Active
1.0 L 1 Maharashtra
VISIONARY RCM INFOTECH (INDIA) PRIVATE LIMITED
Amalgamated
3.7 Cr 1 Tamil Nadu
CORROHEALTH INFOTECH PRIVATE LIMITED
Active
884.3 Cr 1 Tamil Nadu
PIRAMAL PHARMA LIMITED
Active
1,322.9 Cr 1 Maharashtra
ACCEL INDIA GROWTH MANAGEMENT COMPANY PR IVATE LIMITED
Strike Off
1.0 L 1 Delhi
GOLWILKAR METROPOLIS HEALTH SERVICES (INDIA) PRIVATE LIMITED
Amalgamated
10.0 L 1 Maharashtra
SEQUENT SCIENTIFIC LIMITED
Active
49.9 Cr 1 Maharashtra
INDEGENE LIMITED
Active
47.9 Cr 1 Karnataka
VIYASH LIFE SCIENCES PRIVATE LIMITED
Active
334.4 Cr 1 Telangana
HEXAWARE TECHNOLOGIES LIMITED
Active
60.7 Cr 1 Maharashtra
NXTRA DATA LIMITED
Active
11.9 Cr 1 Delhi
VLCC HEALTH CARE LIMITED
Active
43.7 Cr 1 Delhi
INDIAN SCHOOL OF BUSINESS
Active
0.0 1 Telangana
CARLYLE INDIA ADVISORS PRIVATE LIMITED
Active
15.0 L 1 Maharashtra
INNOVATION ENTERTAINMENT PRIVATE LIMITED
Strike Off
1.0 L 1 Karnataka
SUPERLEARN PRIVATE LIMITED
Under Process of Striking Off
20.0 1 Karnataka
MARIGOLD PARK CAPITAL ADVISERS PRIVATE LIMITED
Active
3.0 Cr 1 Maharashtra
ASIANET INFRASTRUCTURE PRIVATE LIMITED
Dissolved
3.4 Cr 1 Maharashtra
RELIANCE STORAGE LIMITED
Amalgamated
24,191.0 Cr 1 Maharashtra
OMNICURIS HEALTHCARE PRIVATE LIMITED
Active
1.6 L 1 Karnataka
MIND O2 HEALTH PRIVATE LIMITED
Under Process of Striking Off
1.0 L 1 Karnataka
TRAVEL GOD VENTURES PRIVATE LIMITED
Active
1.0 L 1 Karnataka
XENO PRIVATE LIMITED
Active
1.1 L 1 Delhi
MSWIPE TECHNOLOGIES PRIVATE LIMITED
Active
1.4 Cr 1 Maharashtra
OFB TECH PRIVATE LIMITED
Active
32.0 Cr 1 Delhi
DEVC INDIA I MANAGER PRIVATE LIMITED
Active
10,000.0 1 Maharashtra
ATV VENTURES LLP
Active
1.0 Cr 1 Maharashtra
MATRIX PARTNERS INDIA ADVISORS LLP
Active
1.0 L 1 Maharashtra
MATRIX INDIA ASSET ADVISORS PRIVATE LIMITED
Active
3.0 Cr 1 Maharashtra
SCAPIA TECHNOLOGY PRIVATE LIMITED
Active
9.3 L 1 Karnataka
AMICA FINANCIAL TECHNOLOGIES PRIVATE LIMITED
Active
1.6 Cr 1 Maharashtra
EPIFI TECHNOLOGIES PRIVATE LIMITED
Active
1.6 Cr 1 Karnataka
SKY GATE HOSPITALITY PRIVATE LIMITED
Active
19.6 L 1 Haryana
DTWELVE SPACES PRIVATE LIMITED
Active
35.4 L 1 Delhi
MERABO LABS PRIVATE LIMITED
Active
40.3 L 1 Rajasthan
MANASH LIFESTYLE PRIVATE LIMITED
Active
1.4 Cr 1 Maharashtra
GREEN AGREVOLUTION PRIVATE LIMITED
Active
4.2 Cr 1 Bihar
GREEN ENERGY INFRA PROJECT MANAGERS PRIVATE LIMITED
Active
1.0 L 1 Maharashtra
SUSTAINABLE ENERGY INFRA INVESTMENT MANAGERS PRIVATE LIMITED
Active
12.5 Cr 1 Maharashtra

Subsidiary Companies

Name State / Country Incorporation Year Paidup Capital
GREYNIUM INFORMATION TECHNOLOGIES PRIVATE LIMITED Karnataka 2005 ₹ 1.2 Cr
QUARK MEDIA TECH PRIVATE LIMITED Karnataka 2018 ₹ 385.1 Cr
BMEG PRIVATE LIMITED Karnataka 2022 ₹ 38.4 Cr
INNOVATIVE VER SE MEDIA PRIVATE LIMITED Karnataka 2022 ₹ 1.0 L
HIGH VER SE TECHNOLOGIES PRIVATE LIMITED Karnataka 2022 ₹ 1.0 L
VER SE HI-TECH SOLUTIONS PRIVATE LIMITED Karnataka 2022 ₹ 1.0 L
BMEG ME FZ LLC United Arab Emirates - -
VERSE INNOVATION LABS INC United States - -

Registered Details

CIN

U72200KA2007PTC042493

PAN

AACCV5133G

Incorporation

2007, 17.6 years

Company Email

corporatesecretarial.verse@verse.in

Paid up Capital

₹ 11.7 Cr

Authorised Capital

₹ 19.3 Cr

AGM

31 Jun 2024

Type

Private
Non-government Company

Last Balance Sheet Date
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Mar 2023 Updated on : 23 Oct 2024
* There is the date provided by MCA, but availability for this year is not guaranteed.

FAQ - VER SE INNOVATION PRIVATE LIMITED

What is the incorporation date of VER SE INNOVATION PRIVATE LIMITED?

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The incorporation date of VER SE INNOVATION PRIVATE LIMITED is 13 April, 2007

What is the authorized share capital of VER SE INNOVATION PRIVATE LIMITED?

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The authorized share capital of VER SE INNOVATION PRIVATE LIMITED is INR ₹ 19.3 Cr.

What is the paid-up capital of VER SE INNOVATION PRIVATE LIMITED?

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The paid-up capital of VER SE INNOVATION PRIVATE LIMITED is INR ₹ 11.7 Cr.

What is the registered address of VER SE INNOVATION PRIVATE LIMITED?

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The registered address of VER SE INNOVATION PRIVATE LIMITED is 11th Floor, Wing E, Helios Business Park Outer Ring Road, Kadubeesanahalli, NA Bengaluru Bangalore Karnataka - 560103

What is the CIN number of VER SE INNOVATION PRIVATE LIMITED?

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The CIN number of VER SE INNOVATION PRIVATE LIMITED is U72200KA2007PTC042493.

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