Vastness Technology Private Limited

Vastness Technology Private Limited - information technology in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U72900GJ2019PTC110946 Incorporated 21 November 2019 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Private Limited Company information technology MSME · Micro
Data last updated
Revenue · FY 2024
₹17.96 Lakh
▲ 11% YoY
Net profit · FY 2024
₹4.27 Lakh
Net margin 23.8%
EBITDA · FY 2024
-₹1.03 Lakh
EBITDA margin -5.8%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About Vastness Technology Private Limited

Data last updated:

Vastness Technology Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 21 November 2019 and has been in existence for over 7 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2019PTC110946. Its GSTIN is 24AAHCV1851E1ZJ (Gujarat).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Komi Jain and Rashmi Shashang Borikar.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at B/204 – Shrinand Residency Nr. Sadguru Bunglows Nr.Express Highway Ramol, Ahmedabad, Gujarat, India – 382449.

As per the financials filed for FY 2024, the company reported a revenue of ₹17.96 Lakh, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹4.27 Lakh (net margin 23.8%) and EBITDA of -₹1.03 Lakh (EBITDA margin -5.8%). Revenue has grown at a compounded annual rate (CAGR) of 99% over three years.

Vastness Technology Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0077862). For more details, the company can be reached via its website vastnesstechnology.com.

Company details

CIN U72900GJ2019PTC110946
Registration Number 110946
Incorporation Date 21 November 2019
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
MSME Classification Micro
Udyam Registration UDYAM-GJ-01-0077862

Recognitions & Rankings of Vastness Technology

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-GJ-01-0077862

Contact details

Vastness Technology Private Limited's registered office is in Ahmedabad, Gujarat. Its website is vastnesstechnology.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    B/204 – Shrinand Residency Nr. Sadguru Bunglows Nr.Express Highway Ramol, Ahmedabad, Gujarat, India – 382449
  • Industry
    Information Technology, IT Consulting & Support Services

To see the full contact details of Vastness Technology Private Limited, buy the company report.

Comprehensive company report
Vastness Technology 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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Business activity

The main business activity of Vastness Technology is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ2Publishing of computer operating systems, system software, application software, games, etc.

To see the full business activity and turnover split of Vastness Technology Private Limited, buy the company report.

Financials of Vastness Technology Private Limited

FY 2024 filings available

Vastness Technology Private Limited reported revenue of ₹17.96 Lakh (up 11% YoY) for FY 2024.

Revenue · FY 2024
₹17.96 Lakh ▲ 11%
Net profit · FY 2024
₹4.27 Lakh margin 23.8%
EBITDA · FY 2024
-₹1.03 Lakh margin -5.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 11%
3 years · compounded
▲ 99%
EBITDA CAGR growth
1 year
▲ 22%
3 years · compounded
▲ 50%

Revenue has grown at a compounded annual rate (CAGR) of 99% over three years, including 11% growth in the latest year. EBITDA rose 22% 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-₹1.03 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹4.27 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 Margin-5.8%
Net Profit Margin23.8%
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 Vastness Technology Private Limited, buy the company report.

Board of directors of Vastness Technology Private Limited

Vastness Technology has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Komi JainDirector21 Nov 20196 Years 11 MonthsCurrent
Rashmi Shashang BorikarDirector21 Nov 20196 Years 11 MonthsCurrent

Peer comparison

Vastness Technology Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Mmrscubes Solutions Private Limited₹17.99 Lakh (FY 2025)-86.0%Bhopal, Madhya Pradesh, India
Wetala Technologies Private Limited₹17.99 Lakh (FY 2022)Jaipur, Rajasthan, India
Iincore Software Systems Private Limited₹17.97 Lakh (FY 2021)-48.0%Delhi, India
Livinart Technologies Private Limited₹17.97 Lakh (FY 2025)61.0%Bhopal, Madhya Pradesh, India
Gensource Tech Solutions India Private Limited₹17.96 Lakh (FY 2022)-54.0%Chennai, Tamil Nadu, India
Vastness Technology Private Limitedthis company₹17.96 Lakh (FY 2024)₹4.27 Lakh23.8%11.0%Ahmedabad, Gujarat, India
Micro Soft -Ace Private Limited₹17.95 Lakh (FY 2022)61.0%Uttar Pradesh, India
Him Infotech Private Limited₹17.95 Lakh (FY 2016)9.0%New Delhi, Delhi, India
Trivenix Technologies (India) Private Limited₹17.95 Lakh (FY 2020)-75.0%Hyderabad, Telangana, India
Fanengage Games Private Limited₹17.92 Lakh (FY 2024)-43.0%Mumbai, Maharashtra, India
Erratum Solutions Private Limited₹17.92 Lakh (FY 2025)116.0%Kozhikode, Kerala, India

To see the full peer comparison of Vastness Technology Private Limited, buy the company report.

Auditor

Vastness Technology Private Limited is audited by DARJI & PATEL for the financial year 2022.

Auditor firmFinancial yearFirm registration number
DARJI & PATELFY 2022149429W

Shareholding

The shareholding of Vastness Technology Private Limited is on record for 3 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Vastness Technology Private Limited, buy the company report.

MSME payment delays

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

GST

Vastness Technology has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAHCV1851E1ZJGujaratActive12 Mar 2020

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

Recent activity

Vastness Technology Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Komi Jain was appointed as Director on 21 Nov 2019.

AGM
Vastness Technology Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Vastness Technology Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Appointed
Komi Jain was appointed as Director.
Appointed
Rashmi Shashang Borikar was appointed as Director.
Incorporation
21 Nov 2019
Vastness Technology Private Limited was registered on 21 Nov 2019 with Roc Ahmedabad & aged 6 years 11 months as per MCA records.

Frequently asked questions

Vastness Technology is an active private limited company based in Ahmedabad, Gujarat, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 21 November 2019 (7+ years old) and is registered under CIN U72900GJ2019PTC110946.

Vastness Technology has 2 current directors:

The latest financial statements of Vastness Technology on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2020 are in the company report.

The GSTIN of Vastness Technology is 24AAHCV1851E1ZJ, registered in Gujarat.

The CIN (Corporate Identification Number) of Vastness Technology is U72900GJ2019PTC110946. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Vastness Technology was incorporated on 21 November 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.

The peers of Vastness Technology by revenue are Mmrscubes Solutions Private Limited, Wetala Technologies Private Limited, Iincore Software Systems Private Limited, Livinart Technologies Private Limited, Gensource Tech Solutions India Private Limited and 5 more, all in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.).

Komi Jain was appointed as Director on 21 Nov 2019. Rashmi Shashang Borikar was appointed as Director on 21 Nov 2019.

Yes, Vastness Technology is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0077862).

Vastness Technology can be reached through the website vastnesstechnology.com. Its registered office is in Ahmedabad, Gujarat, India.

The registered office of Vastness Technology is at B204 – Shrinand Residency Nr. Sadguru Bunglows Nr.Express Highway Ramol, Ahmedabad, Gujarat, India – 382449.