Vedic IT Solutions Private Limited
About Vedic IT Solutions Private Limited
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Vedic IT Solutions Private Limited was a private limited company based in Hyderabad, Telangana, 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 05 August 2014.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72300TG2014PTC095128.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Rama Venku Bhai Chillarige and Chillarige Venkata Narasimha Rao.
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 5 – 5 – 33/33/B2 Plot No. 52 Vignanpuri Colony Kukatpally Metro Back Side, Hyderabad, Telangana, India – 500072.
As per the financials filed for FY 2018, the company reported a revenue of ₹27.81 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹26.65 Lakh (net margin 95.8%) and EBITDA of ₹26.65 Lakh (EBITDA margin 95.8%).
Company details
Contact details
Vedic IT Solutions Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address5 – 5 – 33/33/B2 Plot No. 52 Vignanpuri Colony Kukatpally Metro Back Side, Hyderabad, Telangana, India – 500072
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Vedic IT Solutions 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 Vedic IT Solutions is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Vedic IT Solutions Private Limited, buy the company report.
Financials of Vedic IT Solutions Private Limited
FY 2018 filings availableVedic IT Solutions Private Limited reported revenue of ₹27.81 Lakh (up 382% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue rose 382% 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 | ₹27.81 Lakh | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹26.65 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹26.65 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
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 95.8% | |||
| Net Profit Margin | 95.8% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
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| 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 Vedic IT Solutions Private Limited, buy the company report.
Board of directors of Vedic IT Solutions Private Limited
Vedic IT Solutions has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rama Venku Bhai Chillarige | Additional Director | 11 Jan 2019 | 7 Years 9 Months | As last reported |
| Chillarige Venkata Narasimha Rao | Additional Director | 11 Jan 2019 | 7 Years 9 Months | As last reported |
Peer comparison
Vedic IT Solutions Private Limited is compared with the 4 companies closest to it by revenue in the Information Technology industry (Application Development), with the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bostonlogix (India) Private Limited | ₹28.05 Lakh (FY 2024) | -93.0% | Hyderabad, Telangana, India | |||
| Winklix Internet Private Limited | ₹28.03 Lakh (FY 2024) | -24.0% | Delhi, India | |||
| Vedic IT Solutions Private Limitedthis company | ₹27.81 Lakh (FY 2018) | ₹26.65 Lakh | 95.8% | 382.0% | Hyderabad, Telangana, India | |
| Datazip Solutions India Private Limited | ₹27.73 Lakh (FY 2024) | Bangalore, Karnataka, India | ||||
| Ananya Warehouse and Infra Private Limited | ₹27.69 Lakh (FY 2025) | 58.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Vedic IT Solutions Private Limited, buy the company report.
Auditor
Vedic IT Solutions Private Limited is audited by GIRIDHAR & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GIRIDHAR & CO | FY 2018 | 004876S |
Shareholding
The shareholding of Vedic IT Solutions 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 Vedic IT Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Vedic IT Solutions 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 Vedic IT Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Vedic IT Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Vedic IT Solutions Private Limited has 6 board changes on record since 2014: 2 appointments and 4 cessations. The latest: Dharwada Sarada ceased to be Director on 21 Jan 2019.
Frequently asked questions
Vedic IT Solutions 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.
Vedic IT Solutions was a private limited company based in Hyderabad, Telangana, India. The company worked in application development and software solutions, within the information technology industry. It was incorporated on 05 August 2014 and is registered under CIN U72300TG2014PTC095128. The company has been struck off by the Registrar of Companies and is no longer operational.
Vedic IT Solutions had 2 directors:
- Rama Venku Bhai Chillarige - Additional Director
- Chillarige Venkata Narasimha Rao - Additional Director
The CIN (Corporate Identification Number) of Vedic IT Solutions is U72300TG2014PTC095128. 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 Vedic IT Solutions is at 5 – 5 – 3333B2 Plot No. 52 Vignanpuri Colony Kukatpally Metro Back Side, Hyderabad, Telangana, India – 500072.
Vedic IT Solutions was incorporated on 05 August 2014. It is registered with the Registrar of Companies, Hyderabad.
The latest financial statements of Vedic IT Solutions 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.
Vedic IT Solutions 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 Vedic IT Solutions by revenue are Bostonlogix (India) Private Limited, Winklix Internet Private Limited, Datazip Solutions India Private Limited, Ananya Warehouse and Infra Private Limited, all in the Information Technology industry (Application Development), with the same principal business activity (other information & communication service activities).
Dharwada Sarada ceased to be Director on 21 Jan 2019. Vizarsu Shyamala ceased to be Director on 21 Jan 2019. Chillarige Venkata Narasimha Rao was appointed as Additional Director on 11 Jan 2019. Vedic IT Solutions has 6 board changes on record in total.
The compliance status of Vedic IT Solutions is active non-compliant as of 21 September 2026.