Virgo Softech Limited - Due diligence report

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

1991-01-18 New Delhi, Delhi Active Unlisted Active Compliant
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VS Virgo Softech Limited
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Virgo Softech — 360° Intelligence Report

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

Virgo Softech is assessed as Moderate with a Trust Score of 65/100. Virgo Softech is an active public limited indian non-government company incorporated in 1991, operating in the Information Technology sector. Reported revenue has declined across its recent filed years. It reported a loss in its latest filed year. Based on MCA filings and public records, it currently shows a moderate compliance risk and high financial risk profile.

Report generated on 04 Jul 2026 from the latest processed filings. Virgo Softech Limited snapshot & full profile →

Financial Health › Weak
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
68/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreCaution Indicated
30/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
25/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreCaution Indicated
40/100
Revenue, profit, asset and hiring momentum.
Distress ScoreModerate
60/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Consolidated · 2 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: 25/100 Caution Indicated
  • Negative operating earnings - debt service depends on external support.
  • Open charges exceed net worth - secured lenders rank ahead.
  • Elevated gearing (D/E 38%).
  • Working-capital cover adequate.

Charges position: 10 open (43.65 cr) · 11 satisfied (26.99 cr).

Banking relationships (from registered charges)
LenderChargesAmount
Icici Bank Limited5 48.0 cr
Srei Equipment Finance Private Limited5 48.0 cr
Bank Of Baroda6 48.0 cr
Srei Equipment Finance Limited1 48.0 cr
Others3 48.0 cr
Orix Auto Infrastructure Services Limited1 48.0 cr
Compliance Score: 68/100 Moderate
  • Company status is Active as per MCA.
  • Balance sheet slightly behind (Mar 2024).
  • Litigation present in 3 court forum(s).
Legal cases on record (3)
05

Director Intelligence

Stability score: 95/100
NameDIN / PANDesignationAppointedTenureDIN status
YOGENDRA SINGH KASHYAP 01234567 Director 01/04/2018 6 yrs Approved
SURESH LAMA 01234567 Director 01/04/2018 6 yrs Approved
JATA SHANKAR JHA 01234567 Director 01/04/2018 6 yrs Approved
RAJAT BUDANIA 01234567 Director 01/04/2018 6 yrs Approved
  • 4 directors on the board.
  • No disqualified or deactivated DINs.
  • Stable board - no exits in 3 years.
  • Average tenure above 5 years.
Director & KMP remuneration (FY 2021)
NameDesignationTotal remuneration
A K SharmaManaging Director2.4 cr
R MehtaWhole-time Director1.6 cr
S IyerCFO95.0 L

Remuneration is disclosed in the latest annual return. Unlock full report

06

Ownership & Group Intelligence

As per FY 2022 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
1 allotment(s) · 0 transfer(s)

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

Group entityRelationship% held
Rapipay Fintech Private Limited Subsidiary Company 74.00%

Key managerial personnel: JATA SHANKAR JHA (CFO)

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 40 · Distress 60
Growth signals & trust indicators
Operating for 35+ years.
Active EPFO - real payroll on record.
Distress signals & risk flags
Revenue declined year-on-year.
Losses deepening year-on-year.
10 open charge(s) registered - assets are encumbered.
3 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence65/100
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 assessment37/100
Enhanced diligence advised
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 10 open charge(s) of 43.65 cr already registered.
  • Compliance gaps should be priced into terms.
Investor view43/100
Limited indicators at present
Growth quality and scalability through an investor lens.
  • No clear growth signals in the filed years.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 15 events
30 Sep 2024
Last AGM held
Annual general meeting
31 Mar 2024
Latest balance sheet
Filed with ROC
30 Nov 2021
Director ceased
SURESH LAMA
29 Dec 2020
Director appointed
SURESH LAMA (Director)
25 Dec 2020
Director ceased
ANUJ THAKUR KUMAR
13 Aug 2020
Director appointed
RAJAT BUDANIA (Director)
Director ceased
RAKESH CHAND SHARMA
27 Nov 2018
Director ceased
YOGENDRA SINGH KASHYAP
15 Sep 2018
Charge created
Others - 2.20 cr
20 Jun 2018
Charge created
Others - 1.08 cr
27 Feb 2018
Charge satisfied
Icici Bank Limited
15 Dec 2017
Charge created
Others - 2.00 cr
15 Mar 2017
Director ceased
BRIJESH AWASTHI
30 Sep 2016
Director ceased
ANIL PATIDAR
14 Sep 2016
Director ceased
NAMRATA AWASTHI
10

Key Observations

Auto-generated from the data above
Revenue declined 1.42 over the last 1 financial year(s).
Net profit margin moved from 2.1x to 24%.
Debt-to-equity stands at 0.86 - leverage worth monitoring.
Net worth is positive.
4 active director(s) / partner(s); board looks stable and experienced.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a dominant controlling stake as per the FY 2022 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 1 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Imagine Systems And Solutions Private Limited U74140TN1993PTC024276 Chennai, Tamil Nadu, India
Weberfox Technologies Private Limited U74999KL2021PTC070763 Karunagappally, Kerala, India
Prodigy Systems & Services (India) Private Limited U72200TG2007PTC056715 Hyderabad, Telangana, India
Quantified Community Services Private Limited U72900KA2018PTC118466 Bangalore, Karnataka, India
Pratap Infotech Network Private Limited U72300DL2007PTC166135 New Delhi, Delhi, India
Progenius Technology Solutions Private Limited U74999WB2021PTC243751 Kolkata, West Bengal, India
Yellowleaf Infotainment Private Limited U72900GJ2022PTC136183 Ahmedabad, Gujarat, India
Rolocule U72900PN2010PTC137842 Pune, Maharashtra, India
12

Who Uses This Report

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

Verify Virgo Softech before audits and certifications: compliance score 68/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Virgo Softech: 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: Enhanced diligence advised. Credit risk score 25/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Limited indicators at present. Growth score 40/100, margin trends, ownership structure and peer set for Virgo Softech - 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 Virgo Softech pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (3 case(s) on record), regulatory flags, charge documents trail and director networks for Virgo Softech - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Virgo Softech an active company?

Virgo Softech has MCA status “Active” with a compliance score of 68/100 (Moderate).

Is Virgo Softech financially healthy?

Virgo Softech has a Financial Health Score of 30/100 (Caution Indicated) based on its filed financial statements.

Should I do business with Virgo Softech?

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 Virgo Softech?

Promoters hold a dominant controlling stake - exact percentages are in the full report. 4 active director(s) are on record.

Does Virgo Softech have loans or charges against its assets?

10 open charge(s) are registered against its assets, and 11 earlier charge(s) stand satisfied.

Is Virgo Softech up to date with its ROC filings?

Balance sheet slightly behind (Mar 2024). Overall compliance score: 68/100 (Moderate).

Is it risky to lend to Virgo Softech?

Its Credit Risk Score is 25/100 (Caution Indicated). Banker verdict: Enhanced diligence advised.

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.