MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0249446
Vedang Innovative IT Transformation Private Limited - education in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹64.52 Lakh
▼ 26% YoY
Net loss · FY 2024
₹2.3 Lakh
Net margin -3.6%
EBITDA · FY 2024
-₹22,301
EBITDA margin -0.3%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
14 yrs
Est. 2012
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Vedang Innovative IT Transformation Private Limited
Data last updated:
Vedang Innovative IT Transformation Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the corporate training and development segment of the education sector. It was incorporated on 23 October 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U80903GJ2012PTC072444. Its GSTIN is 24AAECV2242G1ZN (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vedang Sandhansive and Vipinchandra Bhalchandra Sandhansive.
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 A – 301 Samarpan Tower 132 Ft. Ring Road Ankur Naranpura, Ahmedabad, Gujarat, India – 380013.
As per the financials filed for FY 2024, the company reported a revenue of ₹64.52 Lakh, a decline of 26% compared to the previous year. For the same year it recorded a net loss of ₹2.3 Lakh (net margin -3.6%) and EBITDA of -₹22,301 (EBITDA margin -0.3%). Revenue has declined at a compounded annual rate (CAGR) of 7% over five years.
The company is associated with 1 brand: Vedang Innovative IT Transformation Pvt Ltd. Court records list 1 case involving the company, including 1 filed against it.
Vedang Innovative IT Transformation Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0249446). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website viit-india.com.
Company details
CIN U80903GJ2012PTC072444
Registration Number 072444
Incorporation Date 23 October 2012
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-GJ-01-0249446
Recognitions & Rankings of Vedang Innovative IT Transformation
Contact details
Vedang Innovative IT Transformation Private Limited's registered office is in Ahmedabad, Gujarat. Its website is viit-india.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressA – 301 Samarpan Tower 132 Ft. Ring Road Ankur Naranpura, Ahmedabad, Gujarat, India – 380013
- IndustryEducation, Corporate Training & Development
To see the full contact details of Vedang Innovative IT Transformation Private Limited, buy the company report.
Comprehensive company report
Vedang Innovative IT Transformation 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
Vedang Innovative IT Transformation operates one associated brand: Vedang Innovative IT Transformation Pvt Ltd. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| IT services, web development, and cyber security training in Ahmedabad. | viit-india.com |
Financials of Vedang Innovative IT Transformation Private Limited
FY 2024 filings availableVedang Innovative IT Transformation Private Limited reported revenue of ₹64.52 Lakh (down 26% YoY) for FY 2024.
Revenue · FY 2024
₹64.52 Lakh ▼ 26%
Net loss · FY 2024
₹2.3 Lakh margin -3.6%
EBITDA · FY 2024
-₹22,301 margin -0.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 26%
5 years · compounded
▼ 7%
EBITDA CAGR growth
1 year
▼ 101%
3 years · compounded
▼ 26%
5 years · compounded
▼ 15%
Revenue has declined at a compounded annual rate (CAGR) of 7% over five years, including a 26% fall in the latest year. EBITDA fell 101% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹22,301 | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹2.3 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.3% | ||||
| Net Profit Margin | -3.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Vedang Innovative IT Transformation Private Limited, buy the company report.
Board of directors of Vedang Innovative IT Transformation Private Limited
Vedang Innovative IT Transformation has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vedang Sandhansive | Director | 21 Feb 2019 | 7 Years 8 Months | Current |
| Vipinchandra Bhalchandra Sandhansive | Director | 21 Oct 2021 | 5 Years 0 Months | Current |
Auditor
Vedang Innovative IT Transformation Private Limited is audited by P D BRAHMKSHATRIYA & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P D BRAHMKSHATRIYA & CO | FY 2019 | 135919W |
Shareholding
The shareholding of Vedang Innovative IT Transformation Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Vedang Innovative IT Transformation Private Limited, buy the company report.
Legal cases
Vedang Innovative IT Transformation Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal miscellaneous application | Filed against the company by Bajaj Housing Finance Ltd -Kunal Shah | Disposed |
To see the full case history of Vedang Innovative IT Transformation Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Vedang Innovative IT Transformation Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vedang Innovative IT Transformation has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECV2242G1ZN | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vedang Innovative IT Transformation Private Limited, buy the company report.
Recent activity
Vedang Innovative IT Transformation Private Limited has 8 board changes on record since 2012: 2 appointments and 6 cessations. The latest: Hareshkumar Narsangbhai Patel ceased to be Director on 21 Oct 2021.
AGM
Vedang Innovative It Transformation Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Vedang Innovative It Transformation Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Ceased
Hareshkumar Narsangbhai Patel ceased to be Director.
Appointed
Vipinchandra Bhalchandra Sandhansive was appointed as Director.
Ceased
Vipinchandra Bhalchandra Sandhansive ceased to be Director.
Ceased
Bhushan Soni ceased to be Director.
Appointed
Vedang Sandhansive was appointed as Director.
Ceased
Aishwarya Vipinchandra Sandhansive ceased to be Additional Director.
Ceased
Priyanshi Nitinkumar Vora ceased to be Director.
Ceased
Swati Nitinbhai Vora ceased to be Director.
Incorporation
23 Oct 2012
Vedang Innovative It Transformation Private Limited was registered on 23 Oct 2012 with Roc Ahmedabad & aged 14 years 15 days as per MCA records.
Frequently asked questions
Vedang Innovative IT Transformation is an active private limited company based in Ahmedabad, Gujarat, India. The company works in corporate training and development, within the education industry. It was incorporated on 23 October 2012 (14+ years old) and is registered under CIN U80903GJ2012PTC072444.
Vedang Innovative IT Transformation has 2 current directors:
- Vedang Sandhansive - Director
- Vipinchandra Bhalchandra Sandhansive - Director
The latest financial statements of Vedang Innovative IT Transformation 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 2015 are in the company report.
The GSTIN of Vedang Innovative IT Transformation is 24AAECV2242G1ZN, registered in Gujarat.
The CIN (Corporate Identification Number) of Vedang Innovative IT Transformation is U80903GJ2012PTC072444. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vedang Innovative IT Transformation has 1 court case on record: 1 filed against it.
Vedang Innovative IT Transformation was incorporated on 23 October 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Hareshkumar Narsangbhai Patel ceased to be Director on 21 Oct 2021. Vipinchandra Bhalchandra Sandhansive was appointed as Director on 21 Oct 2021. Vipinchandra Bhalchandra Sandhansive ceased to be Director on 31 Mar 2019. Vedang Innovative IT Transformation has 8 board changes on record in total.
Yes, Vedang Innovative IT Transformation is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0249446).
Vedang Innovative IT Transformation can be reached through the website viit-india.com. Its registered office is in Ahmedabad, Gujarat, India.
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