
About Gravitee Concepts Private Limited
Data last updated:
Gravitee Concepts Private Limited was a private limited company based in Bhavnagar, Gujarat, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 19 April 2013.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72200GJ2013PTC074588. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Pallaviben Paragbhai Bhatt and Vaibhav Joshi Rajendrabhai.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at Plot No. 6 Shivam Society Opp. Rajiv Oza Resi. Near Shikshak Society Bharatnagar Road, Bhavnagar, Gujarat, India – 364001.
As per the financials filed for FY 2018, the company reported a revenue of ₹12.58 Lakh, a growth of 71% compared to the previous year. For the same year it recorded a net profit of ₹55,018 (net margin 4.4%) and EBITDA of ₹83,186 (EBITDA margin 6.6%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years.
The last known website on record is gravitee.in.
Company details
Contact details
Gravitee Concepts Private Limited's registered office is in Bhavnagar, Gujarat. Its website is gravitee.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressPlot No. 6 Shivam Society Opp. Rajiv Oza Resi. Near Shikshak Society Bharatnagar Road, Bhavnagar, Gujarat, India – 364001
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Gravitee Concepts Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Gravitee Concepts is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal |
To see the full business activity and turnover split of Gravitee Concepts Private Limited, buy the company report.
Financials of Gravitee Concepts Private Limited
FY 2018 filings availableGravitee Concepts Private Limited reported revenue of ₹12.58 Lakh (up 71% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue rose 71% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 5%. EBITDA rose 142% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹12.58 Lakh | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹83,186 | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹55,018 | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
| Trade Payables | ||||
| Total Liabilities | ||||
| Fixed Assets | ||||
| Investments | ||||
| Inventories | ||||
| Trade Receivables | ||||
| Cash and Bank Balance | ||||
| Total Assets | ||||
Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 6.6% | |||
| Net Profit Margin | 4.4% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
| Debt-to-Equity Ratio | ||||
| Interest Coverage Ratio | ||||
| Efficiency and Growth | ||||
| Asset Turnover | ||||
| Receivable Days | ||||
| Payable Days | ||||
| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Gravitee Concepts Private Limited, buy the company report.
Board of directors of Gravitee Concepts Private Limited
Gravitee Concepts has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pallaviben Paragbhai Bhatt | Director | 19 Apr 2013 | 13 Years 6 Months | As last reported |
| Vaibhav Joshi Rajendrabhai | Director | 19 Apr 2013 | 13 Years 6 Months | As last reported |
| Kushal Paragbhai Bhatt | Director | 19 Apr 2013 | 13 Years 6 Months | As last reported |
Peer comparison
Gravitee Concepts Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (data processing, hosting and related activities; web portal), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sapphire Web Solutions Private Limited | ₹12.63 Lakh (FY 2023) | -8.0% | Delhi, India | |||
| Webvidya Private Limited | ₹12.62 Lakh (FY 2024) | 47.0% | Nawalgarh, Rajasthan, India | |||
| Jeffersontech Private Limited | ₹12.61 Lakh (FY 2025) | 149.0% | Delhi, India | |||
| Webitof Web Agency (OPC) Private Limited | ₹12.59 Lakh (FY 2025) | 11.0% | Raipur, Chhattisgarh, India | |||
| Bitra Am2pm.Com Private Limited | ₹12.59 Lakh (FY 2025) | -15.0% | Hyderabad, Telangana, India | |||
| Gravitee Concepts Private Limitedthis company | ₹12.58 Lakh (FY 2018) | ₹55,018 | 4.4% | 71.0% | Bhavnagar, Gujarat, India | |
| Atlantin Private Limited | ₹12.56 Lakh (FY 2024) | -17.0% | Chennai, Tamil Nadu, India | |||
| Ginkad Tech Art Private Limited | ₹12.56 Lakh (FY 2025) | -44.0% | Chennai, Tamil Nadu, India | |||
| Siddhi Cable and Network Private Limited | ₹12.52 Lakh (FY 2020) | Ahmedabad, Gujarat, India | ||||
| Abodhi Infoworld Private Limited | ₹12.5 Lakh (FY 2022) | 297.0% | Delhi, India | |||
| 360Pano VR Solutions Private Limited | ₹12.49 Lakh (FY 2021) | 1059.0% | Faridabad, Haryana, India |
To see the full peer comparison of Gravitee Concepts Private Limited, buy the company report.
Auditor
Gravitee Concepts Private Limited is audited by A S M & COMPANY for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A S M & COMPANY | FY 2018 | 131591W |
Shareholding
The shareholding of Gravitee Concepts Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Gravitee Concepts Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Gravitee Concepts Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Gravitee Concepts Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Gravitee Concepts has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Gravitee Concepts Private Limited, buy the company report.
Recent activity
Gravitee Concepts Private Limited has 3 board changes on record since 2013: 3 appointments. The latest: Kushal Paragbhai Bhatt was appointed as Director on 19 Apr 2013.
Frequently asked questions
Gravitee Concepts has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Gravitee Concepts was a private limited company based in Bhavnagar, Gujarat, India. The company worked in application development and software solutions, within the information technology industry. It was incorporated on 19 April 2013 and is registered under CIN U72200GJ2013PTC074588. The company has been struck off by the Registrar of Companies and is no longer operational.
Gravitee Concepts had 3 directors:
- Pallaviben Paragbhai Bhatt - Director
- Vaibhav Joshi Rajendrabhai - Director
- Kushal Paragbhai Bhatt - Director
The CIN (Corporate Identification Number) of Gravitee Concepts is U72200GJ2013PTC074588. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Gravitee Concepts is at Plot No. 6 Shivam Society Opp. Rajiv Oza Resi. Near Shikshak Society Bharatnagar Road, Bhavnagar, Gujarat, India – 364001.
Gravitee Concepts was incorporated on 19 April 2013. It is registered with the Registrar of Companies, Ahmedabad.
Gravitee Concepts can be reached through the website gravitee.in. Its registered office is in Bhavnagar, Gujarat, India.
The latest financial statements of Gravitee Concepts on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
No. Gravitee Concepts has 1 GST registration on record and it is cancelled or inactive.
Gravitee Concepts operated in the information technology industry, in the application development and software solutions segment. It worked in this industry before it was struck off.
The peers of Gravitee Concepts by revenue are Sapphire Web Solutions Private Limited, Webvidya Private Limited, Jeffersontech Private Limited, Webitof Web Agency (OPC) Private Limited, Bitra Am2pm.Com Private Limited and 5 more, all in the same principal business activity (data processing, hosting and related activities; web portal).

