Verna Softech Limited - Due diligence report

A 360° intelligence report on Verna Softech Limited: trust score, financial health, credit view, compliance, directors, growth and distress …

1999-10-15 Gerugambakkam, Tamil Nadu Active Unlisted Active Compliant
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VS Verna Softech Limited

Verna Softech Limited — 360° Intelligence Report

Generated from MCA filings & public records
65/100
Trust Score
Moderate

Verna Softech Limited is assessed as Moderate with a Trust Score of 65/100. Verna Softech Limited is an active public limited indian non-government company incorporated in 1999, operating in the Information Technology sector. It reported a loss in its latest filed year. Based on MCA filings and public records, it currently shows a moderate compliance risk and moderate financial risk profile.

Report generated on 15 Jun 2026 from the latest processed filings. Verna Softech Limited snapshot & full profile →

Financial Health › Good
Overall Assessment CautionWeakNeutralGoodStrong Good
Compliance › Good

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreModerate
65/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreModerate
61/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreModerate
60/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
50/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreModerate
55/100
Board strength, DIN status, churn and network.
Growth ScoreModerate
60/100
Revenue, profit, asset and hiring momentum.
Distress ScoreModerate
65/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 5 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

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Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 50/100 Moderate
  • Negative operating earnings - debt service depends on external support.
  • No open charges - unencumbered balance sheet.
  • Working-capital cover adequate.

Charges position: 0 open (-) · 1 satisfied (8.75 Lakh).

Banking relationships (from registered charges)
LenderChargesAmount
The South Indian Bank Ltd.1 48.0 cr
Compliance Score: 61/100 Moderate
  • Company status is Active as per MCA.
  • Last balance sheet is for Mar 2020 - filings overdue.
  • Litigation present in 2 court forum(s).
Legal cases on record (2)
05

Director Intelligence

Stability score: 55/100
NameDIN / PANDesignationAppointedTenureDIN status
JAYARAMAN VENKATANARASIMHAN 01234567 Director 01/04/2018 6 yrs Approved
MAHARAJAPILLAI RAJHAN THIRUMALAI 01234567 Director 01/04/2018 6 yrs Approved
KANTHAN NAGARAJAN 01234567 Director 01/04/2018 6 yrs Approved
  • 3 directors on the board.
  • MAHARAJAPILLAI RAJHAN THIRUMALAI has DIN status "Deactivated due to non-filing of DIR-3 KYC".
  • Stable board - no exits in 3 years.
  • Average tenure above 5 years.
06

Ownership & Group Intelligence

As per FY 2020 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
-
Group entities
-
Capital events
-

Promoters hold a dominant controlling stake - exact percentages are part of the full report.

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 60 · Distress 65
Growth signals & trust indicators
Latest year revenue grew 38%.
Operating for 26+ years.
Distress signals & risk flags
Losses deepening year-on-year.
Statutory filings appear overdue.
2 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence63/100
Review suggested
Suitability as a supplier / customer counterparty.
  • Check the compliance flags before onboarding.
  • 2 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment56/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • No existing security registered - first-charge position available.
  • Compliance gaps should be priced into terms.
Investor view61/100
Mixed indicators
Growth quality and scalability through an investor lens.
  • 1 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management churn warrants questions.
09

MCA Filings & Events Timeline

Latest 13 events
15 Mar 2021
Director ceased
KUNIAMUTHUR NANJAPPAN ANAND
Director ceased
ANAND ANITHA
Director ceased
NANJAPPAN ARAVIND
12 Mar 2021
Director appointed
JAYARAMAN VENKATANARASIMHAN (Director)
Director appointed
MAHARAJAPILLAI RAJHAN THIRUMALAI (Director)
Director appointed
KANTHAN NAGARAJAN (Director)
01 Jan 2021
Director ceased
RANGASWAMY PALANISWAMY
31 Dec 2020
Last AGM held
Annual general meeting
31 Mar 2020
Latest balance sheet
Filed with ROC
01 Oct 2007
Director ceased
RAMACHANDRAN MURALIDHARAN
23 May 2007
Charge satisfied
The South Indian Bank Ltd.
31 Aug 2004
Charge created
The South Indian Bank Ltd. - 8.75 Lakh
15 Oct 1999
Incorporated
Registered with Roc Chennai
10

Key Observations

Auto-generated from the data above
Net worth is positive.
3 active director(s) / partner(s); review board churn before relying on management continuity.
All 1 registered charge(s) stand satisfied - past borrowings repaid.
Promoters hold a dominant controlling stake as per the FY 2020 annual return.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Woodrock Softonic Private Limited U15100WB2017PTC222743 Howrah, West Bengal, India
Y N R Technologies Private Limited U72900UP2013PTC060490 Ghaziabad, Uttar Pradesh, India
Smark Technologies (Opc) Private Limited U72200TG2016OPC103406 Hyderabad, Telangana, India
Autnhive Private Limited U72900TN2015PTC102618 Chennai, Tamil Nadu, India
Kroslinks Tech Solutions Private Limited U72900TN2014PTC097754 Chennai, Tamil Nadu, India
Rankitright Media (Opc) Private Limited U72900TN2017OPC119472 Vellore, Tamil Nadu, India
Eduniv U72900TN2014PTC094927 Kovilpatti, Tamil Nadu, India
Pickzy Software U72900TN2014PTC096311 Chennai, Tamil Nadu, India
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Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Verna Softech Limited before audits and certifications: compliance score 61/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Verna Softech Limited: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Mixed indicators - deeper appraisal suggested. Credit risk score 50/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Mixed indicators. Growth score 60/100, margin trends, ownership structure and peer set for Verna Softech Limited - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Review suggested. Trust score 65/100, distress signals and MSME payment-delay disclosures - know whether Verna Softech Limited pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (2 case(s) on record), regulatory flags, charge documents trail and director networks for Verna Softech Limited - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Verna Softech Limited an active company?

Verna Softech Limited has MCA status “Active” with a compliance score of 61/100 (Moderate).

Is Verna Softech Limited financially healthy?

Verna Softech Limited has a Financial Health Score of 60/100 (Moderate) based on its filed financial statements.

Should I do business with Verna Softech Limited?

Its overall Trust Score is 65/100 (Moderate). Vendor verdict: Review suggested. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Verna Softech Limited?

Promoters hold a dominant controlling stake - exact percentages are in the full report. 3 active director(s) are on record.

Does Verna Softech Limited have loans or charges against its assets?

No open charges - all 1 registered charge(s) stand satisfied, indicating past borrowings were repaid.

Is Verna Softech Limited up to date with its ROC filings?

Last balance sheet is for Mar 2020 - filings overdue. Overall compliance score: 61/100 (Moderate).

Is it risky to lend to Verna Softech Limited?

Its Credit Risk Score is 50/100 (Moderate). Banker verdict: Mixed indicators - deeper appraisal suggested.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.