Vast ITES Private Limited - information technology in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U74999GJ2018PTC105038 Incorporated 31 October 2018 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2024
₹3.13 Cr
▲ 117% YoY
Net profit · FY 2024
₹6.25 Lakh
Net margin 2%
EBITDA · FY 2024
₹16.49 Lakh
EBITDA margin 5.3%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About Vast ITES Private Limited

Data last updated:

Vast ITES Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the web design and maintenance services segment of the technology and IT services sector. It was incorporated on 31 October 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74999GJ2018PTC105038. Its GSTIN is 24AAGCV6614G1ZD (Gujarat).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Varun Gaurang Varde and Twinkle Nareshkumar Tatariya.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 1217 Shilp Zaveri Shyamal Cross Road Vejalpur Shayamal, Ahmedabad, Gujarat, India – 380006.

As per the financials filed for FY 2024, the company reported a revenue of ₹3.13 Cr, a growth of 117% compared to the previous year. For the same year it recorded a net profit of ₹6.25 Lakh (net margin 2%) and EBITDA of ₹16.49 Lakh (EBITDA margin 5.3%). Revenue has grown at a compounded annual rate (CAGR) of 201% over three years and 175% over five years.

Company details

CIN U74999GJ2018PTC105038
Registration Number 105038
Incorporation Date 31 October 2018
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025

Contact details

Vast ITES Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address is in the company report.

  • Email
  • Registered Address
    1217 Shilp Zaveri Shyamal Cross Road Vejalpur Shayamal, Ahmedabad, Gujarat, India – 380006
  • Industry
    Information Technology, Web Design & Maintenance Services

To see the full contact details of Vast ITES Private Limited, buy the company report.

Comprehensive company report
Vast ITES 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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Financials of Vast ITES Private Limited

FY 2025 filings available

Vast ITES Private Limited reported revenue of ₹3.13 Cr (up 117% YoY) for FY 2024.

Revenue · FY 2024
₹3.13 Cr ▲ 117%
Net profit · FY 2024
₹6.25 Lakh margin 2%
EBITDA · FY 2024
₹16.49 Lakh margin 5.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 117%
3 years · compounded
▲ 201%
5 years · compounded
▲ 175%
EBITDA CAGR growth
3 years · compounded
▲ 218%

Revenue has grown at a compounded annual rate (CAGR) of 175% over five years, including 117% growth 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹16.49 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹6.25 Lakh
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin5.3%
Net Profit Margin2%
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 Vast ITES Private Limited, buy the company report.

Board of directors of Vast ITES Private Limited

Vast ITES has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Varun Gaurang VardeDirector01 Jun 20233 Years 5 MonthsCurrent
Twinkle Nareshkumar TatariyaDirector15 May 20242 Years 5 MonthsCurrent

Peer comparison

Vast ITES Private Limited is compared with the 10 companies closest to it by revenue in the Information Technology industry (Website Design and Maintenance), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Pcvimal Private Limited₹3.16 Cr (FY 2025)6705.0%New Delhi, Delhi, India
Revsyntech Private Limited₹3.16 Cr (FY 2025)329.0%Noida, Uttar Pradesh, India
Quest Media Productions Private Limited₹3.16 Cr (FY 2025)-22.0%Bangalore, Karnataka, India
Sparkbrains Private Limited₹3.14 Cr (FY 2024)231.0%Zirakpur, Punjab, India
Crayon Infotech Private Limited₹3.13 Cr (FY 2025)20.0%Mumbai, Maharashtra, India
Vast ITES Private Limitedthis company₹3.13 Cr (FY 2024)₹6.25 Lakh2%117.0%Ahmedabad, Gujarat, India
MSS Tech India Private Limited₹3.12 Cr (FY 2024)7.0%Mohali, Punjab, India
JVT Technologies Private Limited₹3.11 Cr (FY 2025)3.0%Faridabad, Haryana, India
Xient Technologies Private Limited₹3.11 Cr (FY 2020)93.0%Vinod Nagar, Delhi, India
Dimakh Consultants Private Limited₹3.11 Cr (FY 2024)-23.0%Pune, Maharashtra, India
Ensight Business Solutions Private Limited₹3.11 Cr (FY 2019)-25.0%Ahmedabad, Gujarat, India

To see the full peer comparison of Vast ITES Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Vast ITES Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Vast ITES has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAGCV6614G1ZDGujaratActive29 Sep 2022

To see the full GST registrations and return filing status of Vast ITES Private Limited, buy the company report.

Recent activity

Vast ITES Private Limited has 5 board changes on record since 2022: 2 appointments and 3 cessations. The latest: Twinkle Nareshkumar Tatariya was appointed as Director on 15 May 2024.

AGM
Vast Ites Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Vast Ites Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Twinkle Nareshkumar Tatariya was appointed as Director.
Ceased
Twinkle Nareshkumar Tatariya ceased to be Director.
Appointed
Varun Gaurang Varde was appointed as Director.
Ceased
Sohni Premalkumar Dave ceased to be Additional Director.
Ceased
Varun Gaurang Varde ceased to be Director.
Incorporation
31 Oct 2018
Vast Ites Private Limited was registered on 31 Oct 2018 with Roc Ahmedabad & aged 8 years 2 days as per MCA records.

Frequently asked questions

Vast ITES is an active private limited company based in Ahmedabad, Gujarat, India. The company works in web design and maintenance services, within the information technology industry. It was incorporated on 31 October 2018 (8+ years old) and is registered under CIN U74999GJ2018PTC105038.

Vast ITES has 2 current directors:

The latest financial statements of Vast ITES on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2019 are in the company report.

The GSTIN of Vast ITES is 24AAGCV6614G1ZD, registered in Gujarat.

The CIN (Corporate Identification Number) of Vast ITES is U74999GJ2018PTC105038. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Vast ITES was incorporated on 31 October 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.

The peers of Vast ITES by revenue are Pcvimal Private Limited, Revsyntech Private Limited, Quest Media Productions Private Limited, Sparkbrains Private Limited, Crayon Infotech Private Limited and 5 more, all in the Information Technology industry (Website Design and Maintenance).

Twinkle Nareshkumar Tatariya was appointed as Director on 15 May 2024. Twinkle Nareshkumar Tatariya ceased to be Director on 01 Jun 2023. Varun Gaurang Varde was appointed as Director on 01 Jun 2023. Vast ITES has 5 board changes on record in total.

The registered office of Vast ITES is at 1217 Shilp Zaveri Shyamal Cross Road Vejalpur Shayamal, Ahmedabad, Gujarat, India – 380006.

Vast ITES operates in the information technology industry, in the web design and maintenance services segment.

Vast ITES can be reached at its registered office: 1217 Shilp Zaveri Shyamal Cross Road Vejalpur Shayamal, Ahmedabad, Gujarat, India – 380006.