MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-24-0002706
Vadict Innovations Private Limited - information technology in Vadodara, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹9.92 Lakh
▼ 95% YoY
Net loss · FY 2022
₹1.96 Cr
Latest filing
EBITDA · FY 2022
-₹2.04 Cr
Latest filing
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹7 Cr
Issued & subscribed
Company age
7 yrs
Est. 2019
Employees · EPFO
3
Provident fund records
Directors on board
3
As per MCA filings
About Vadict Innovations Private Limited
Data last updated:
Vadict Innovations Private Limited is a foreign private limited company based in Vadodara, Gujarat, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 22 March 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2019FTC107178. Its GSTIN is 24AAGCV8567Q1ZC (Gujarat).
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹7 Cr. It is led by directors including Nilesh Chandravadan Joshi and Jatin Chandravadan Joshi.
Its last annual general meeting (AGM) was held on 15 April 2025, and its latest financial statements are for the year ended 31 December 2024. The registered office is at 301 A Block – E Notus Pride IT Park Sarabhai Campus Subhanpura, Vadodara, Gujarat, India – 390023.
As per the financials filed for FY 2022, the company reported a revenue of ₹9.92 Lakh, a decline of 95% compared to the previous year. For the same year it recorded a net loss of ₹1.96 Cr and EBITDA of -₹2.04 Cr. Revenue has declined at a compounded annual rate (CAGR) of 59% over three years.
The company has about 3 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Vadict.
Vadict Innovations Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0002706). For more details, the company can be reached via its website vadict.com.
Company details
CIN U72900GJ2019FTC107178
Registration Number 107178
Incorporation Date 22 March 2019
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
MSME Classification Small
Udyam Registration UDYAM-GJ-24-0002706
Key People
Nilesh Chandravadan Joshi Director Jatin Chandravadan Joshi Director Chhaya Nitin Purohit Director Recognitions & Rankings of Vadict Innovations
Contact details
Vadict Innovations Private Limited's registered office is in Vadodara, Gujarat. Its website is vadict.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address301 A Block – E Notus Pride IT Park Sarabhai Campus Subhanpura, Vadodara, Gujarat, India – 390023
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Vadict Innovations Private Limited, buy the company report.
Comprehensive company report
Vadict Innovations Private Limited - one report that includes everything
- 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
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Brands
Vadict Innovations operates one associated brand: Vadict. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers IoT solutions for analytics and data management to enhance business operations. | vadict.com |
Financials of Vadict Innovations Private Limited
FY 2024 filings availableVadict Innovations Private Limited reported revenue of ₹9.92 Lakh (down 95% YoY) for FY 2022.
Revenue · FY 2022
₹9.92 Lakh ▼ 95%
Net loss · FY 2022
₹1.96 Cr
EBITDA · FY 2022
-₹2.04 Cr
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 95%
3 years · compounded
▼ 59%
Revenue has declined at a compounded annual rate (CAGR) of 59% over three years, including a 95% fall 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹9.92 Lakh | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
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| Total Expenses | ||||
| EBITDA | -₹2.04 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹1.96 Cr | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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To see the full financial statements and ratios of Vadict Innovations Private Limited, buy the company report.
Board of directors of Vadict Innovations Private Limited
Vadict Innovations has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nilesh Chandravadan Joshi Also directs: Si2 Technologies Private Limited | Director | 22 Mar 2019 | 7 Years 7 Months | Current |
| Jatin Chandravadan Joshi | Director | 22 Mar 2019 | 7 Years 7 Months | Current |
| Chhaya Nitin Purohit | Director | 22 Mar 2019 | 7 Years 7 Months | Current |
Auditor
Vadict Innovations Private Limited is audited by THAKKAR PATEL AND ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| THAKKAR PATEL AND ASSOCIATES | FY 2022 | 148914W |
Shareholding
The shareholding of Vadict Innovations Private Limited is on record for 4 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Vadict Innovations Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Vadict Innovations 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 Vadict Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Vadict Innovations Private Limited has a workforce of 3 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
3
Active EPFO establishments
1
Employee growth
-50%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 3 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 |
To see the full employee and EPFO history of Vadict Innovations Private Limited, buy the company report.
GST
Vadict Innovations has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCV8567Q1ZC | Gujarat | Active | 04 Apr 2019 |
To see the full GST registrations and return filing status of Vadict Innovations Private Limited, buy the company report.
Recent activity
Vadict Innovations Private Limited has 3 board changes on record since 2019: 3 appointments. The latest: Chhaya Nitin Purohit was appointed as Director on 22 Mar 2019.
AGM
Vadict Innovations Private Limited last Annual general meeting of members was held on 15 Apr 2025 as per latest MCA records.
Filing
Vadict Innovations Private Limited has filed its annual Financial statements for the year ended 31 Dec 2024 with Roc Ahmedabad.
Appointed
Chhaya Nitin Purohit was appointed as Director.
Appointed
Jatin Chandravadan Joshi was appointed as Director.
Appointed
Nilesh Chandravadan Joshi was appointed as Director.
Incorporation
22 Mar 2019
Vadict Innovations Private Limited was registered on 22 Mar 2019 with Roc Ahmedabad & aged 7 years 7 months as per MCA records.
Frequently asked questions
Vadict Innovations is an active foreign private limited company based in Vadodara, Gujarat, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 22 March 2019 (7+ years old) and is registered under CIN U72900GJ2019FTC107178.
Vadict Innovations has 3 current directors:
- Nilesh Chandravadan Joshi - Director
- Jatin Chandravadan Joshi - Director
- Chhaya Nitin Purohit - Director
The latest financial statements of Vadict Innovations on record with the MCA are for the year ended 31 December 2024. Its last annual general meeting was held on 15 April 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Vadict Innovations is 24AAGCV8567Q1ZC, registered in Gujarat.
The CIN (Corporate Identification Number) of Vadict Innovations is U72900GJ2019FTC107178. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vadict Innovations was incorporated on 22 March 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Chhaya Nitin Purohit was appointed as Director on 22 Mar 2019. Jatin Chandravadan Joshi was appointed as Director on 22 Mar 2019. Nilesh Chandravadan Joshi was appointed as Director on 22 Mar 2019.
Yes, Vadict Innovations is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-24-0002706).
Vadict Innovations can be reached through the website vadict.com. Its registered office is in Vadodara, Gujarat, India.
The registered office of Vadict Innovations is at 301 A Block – E Notus Pride IT Park Sarabhai Campus Subhanpura, Vadodara, Gujarat, India – 390023.
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