Startup India Government of India
Vestanam Solutions Private Limited - information technology in Yavatmal, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹1.47 Cr
▲ 49% YoY
Net profit · FY 2024
₹6.57 Lakh
Net margin 4.5%
EBITDA · FY 2024
₹13.79 Lakh
EBITDA margin 9.4%
Authorised capital
₹10 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 Vestanam Solutions Private Limited
Data last updated:
Vestanam Solutions Private Limited is a private limited company based in Yavatmal, Maharashtra, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 28 January 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2019PTC320223. Its GSTIN is 27AAGCV7781C1Z1 (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vanita Vijay Gawande and Bhavana Satish Ganatra.
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 C/O Shri V M Gawande Wadgaon Tq Distt Yavatmal Wadgaon Road, Maharashtra, India – 445001.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.47 Cr, a growth of 49% compared to the previous year. For the same year it recorded a net profit of ₹6.57 Lakh (net margin 4.5%) and EBITDA of ₹13.79 Lakh (EBITDA margin 9.4%). Revenue has grown at a compounded annual rate (CAGR) of 123% over three years.
Vestanam Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-36-0027353). For more details, the company can be reached via its website vestanam.com.
Company details
CIN U72900MH2019PTC320223
Registration Number 320223
Incorporation Date 28 January 2019
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-36-0027353
Recognitions & Rankings of Vestanam Solutions
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-36-0027353
Contact details
Vestanam Solutions Private Limited's registered office is in Yavatmal, Maharashtra. Its website is vestanam.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressC/O Shri V M Gawande Wadgaon Tq Distt Yavatmal Wadgaon Road, Maharashtra, India – 445001
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Vestanam Solutions Private Limited, buy the company report.
Comprehensive company report
Vestanam Solutions 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 Vestanam Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | 62 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Vestanam Solutions Private Limited, buy the company report.
Financials of Vestanam Solutions Private Limited
FY 2024 filings availableVestanam Solutions Private Limited reported revenue of ₹1.47 Cr (up 49% YoY) for FY 2024.
Revenue · FY 2024
₹1.47 Cr ▲ 49%
Net profit · FY 2024
₹6.57 Lakh margin 4.5%
EBITDA · FY 2024
₹13.79 Lakh margin 9.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 49%
3 years · compounded
▲ 123%
EBITDA CAGR growth
1 year
▼ 9%
3 years · compounded
▲ 225%
Revenue has grown at a compounded annual rate (CAGR) of 123% over three years, including 49% growth in the latest year. EBITDA fell 9% 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 | ₹13.79 Lakh | ||||
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| Net Profit (PAT) | ₹6.57 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 9.4% | ||||
| Net Profit Margin | 4.5% | ||||
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To see the full financial statements and ratios of Vestanam Solutions Private Limited, buy the company report.
Board of directors of Vestanam Solutions Private Limited
Vestanam Solutions has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vanita Vijay Gawande | Director | 30 Sep 2020 | 6 Years 0 Months | Current |
| Bhavana Satish Ganatra | Director | 23 Mar 2021 | 5 Years 7 Months | Current |
Auditor
Vestanam Solutions Private Limited is audited by Bhutada & Bhutada for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Bhutada & Bhutada | FY 2023 | 147708W |
Shareholding
The shareholding of Vestanam Solutions Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Vestanam Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Vestanam 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 Vestanam Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vestanam Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCV7781C1Z1 | Maharashtra | Active | 22 Mar 2019 |
To see the full GST registrations and return filing status of Vestanam Solutions Private Limited, buy the company report.
Recent activity
Vestanam Solutions Private Limited has 7 board changes on record since 2020: 2 appointments and 5 cessations. The latest: Bhavana Satish Ganatra ceased to be Additional Director on 30 Nov 2021.
AGM
Vestanam Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Vestanam Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Ceased
Bhavana Satish Ganatra ceased to be Additional Director.
Appointed
Bhavana Satish Ganatra was appointed as Director.
Ceased
Krunal Satish Ganatra ceased to be Director.
Ceased
Kundan Shyamdip Prasad ceased to be Director.
Ceased
Niraj Vijay Gawande ceased to be Director.
Ceased
Sachin Digamber Zade ceased to be Director.
Appointed
Vanita Vijay Gawande was appointed as Director.
Incorporation
28 Jan 2019
Vestanam Solutions Private Limited was registered on 28 Jan 2019 with Roc Mumbai & aged 7 years 8 months as per MCA records.
Frequently asked questions
Vestanam Solutions is an active private limited company based in Yavatmal, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 28 January 2019 (7+ years old) and is registered under CIN U72900MH2019PTC320223.
Vestanam Solutions has 2 current directors:
- Vanita Vijay Gawande - Director
- Bhavana Satish Ganatra - Director
The latest financial statements of Vestanam Solutions 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 2019 are in the company report.
The GSTIN of Vestanam Solutions is 27AAGCV7781C1Z1, registered in Maharashtra.
The CIN (Corporate Identification Number) of Vestanam Solutions is U72900MH2019PTC320223. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vestanam Solutions was incorporated on 28 January 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
Bhavana Satish Ganatra ceased to be Additional Director on 30 Nov 2021. Bhavana Satish Ganatra was appointed as Director on 23 Mar 2021. Krunal Satish Ganatra ceased to be Director on 23 Mar 2021. Vestanam Solutions has 7 board changes on record in total.
Yes, Vestanam Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Vestanam Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-36-0027353).
Vestanam Solutions can be reached through the website vestanam.com. Its registered office is in Yavatmal, Maharashtra, India.