DPIIT recognised startup Government of India
Startup India
Vitalware Private Limited - chemicals in Bharuch, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹10.14 Lakh
▼ 33% YoY
Net loss · FY 2024
₹4.97 Lakh
Net margin -48.9%
EBITDA · FY 2024
-₹4.7 Lakh
EBITDA margin -46.3%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings
Active GSTINs
4
GST registered
About Vitalware Private Limited
Data last updated:
Vitalware Private Limited is a private limited company based in Bharuch, Gujarat, India, recognised as a startup by DPIIT. It operates in the fine chemicals and other chemical products segment of the chemicals sector. It was incorporated on 23 July 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24299GJ2020PTC114934. Its GSTIN is 24AAHCV4898H1ZS (Gujarat). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Varun Rajiv Tibdewal and Rajiv Liladhar Tibdewal.
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 Shop 111 – 116 – 117 Kunj Residency Maktampur, Bharuch, Gujarat, India – 393010.
As per the financials filed for FY 2024, the company reported a revenue of ₹10.14 Lakh, a decline of 33% compared to the previous year. For the same year it recorded a net loss of ₹4.97 Lakh (net margin -48.9%) and EBITDA of -₹4.7 Lakh (EBITDA margin -46.3%). Revenue has grown at a compounded annual rate (CAGR) of 127% over three years.
Vitalware Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-06-0000327). For more details, the company can be reached via its website ifeelfit.in.
Company details
CIN U24299GJ2020PTC114934
Registration Number 114934
Incorporation Date 23 July 2020
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-GJ-06-0000327
Recognitions & Rankings of Vitalware
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2020-21)
- Udyam number
- UDYAM-GJ-06-0000327
Contact details
Vitalware Private Limited's registered office is in Bharuch, Gujarat. Its website is ifeelfit.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressShop 111 – 116 – 117 Kunj Residency Maktampur, Bharuch, Gujarat, India – 393010
- IndustryChemicals, Fine Chemicals And Other Chemical Products, Manufacturing, Other Chemical Product
To see the full contact details of Vitalware Private Limited, buy the company report.
Comprehensive company report
Vitalware 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 Vitalware is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Vitalware Private Limited, buy the company report.
Financials of Vitalware Private Limited
FY 2025 filings availableVitalware Private Limited reported revenue of ₹10.14 Lakh (down 33% YoY) for FY 2024.
Revenue · FY 2024
₹10.14 Lakh ▼ 33%
Net loss · FY 2024
₹4.97 Lakh margin -48.9%
EBITDA · FY 2024
-₹4.7 Lakh margin -46.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 33%
3 years · compounded
▲ 127%
EBITDA CAGR growth
3 years · compounded
▼ 21%
Revenue fell 33% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 127%. 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 |
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| Total Expenses | ||||
| EBITDA | -₹4.7 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹4.97 Lakh | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -46.3% | |||
| Net Profit Margin | -48.9% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
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To see the full financial statements and ratios of Vitalware Private Limited, buy the company report.
Board of directors of Vitalware Private Limited
Vitalware has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Varun Rajiv Tibdewal Also directs: Tibros Homeware Private Limited | Director | 23 Jul 2020 | 6 Years 3 Months | Current |
| Rajiv Liladhar Tibdewal | Director | 13 Nov 2021 | 4 Years 11 Months | Current |
Peer comparison
Vitalware Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Chimico Genial Private Limited | ₹10.17 Lakh (FY 2024) | 21.0% | Ps. Falta, West Bengal, India | |||
| Vivekanand Gums and Polymars Private Limited | ₹10.17 Lakh (FY 2025) | Kalol, Gujarat, India | ||||
| United Homoeopathy Private Limited | ₹10.17 Lakh (FY 2022) | 38.0% | Malappuram, Kerala, India | |||
| Agrizen Crop Sciences Private Limited | ₹10.16 Lakh (FY 2022) | Mumbai, Maharashtra, India | ||||
| Dr Amees Lab (OPC) Private Limited | ₹10.15 Lakh (FY 2025) | 50.0% | Bangalore, Karnataka, India | |||
| Vitalware Private Limitedthis company | ₹10.14 Lakh (FY 2024) | -₹4.97 Lakh | -48.9% | -33.0% | Bharuch, Gujarat, India | |
| Paxieo Lifesciences Private Limited | ₹10.14 Lakh (FY 2023) | Unnao, Uttar Pradesh, India | ||||
| Payquick Payments Private Limited | ₹10.12 Lakh (FY 2025) | -58.0% | Hyderabad, Telangana, India | |||
| Dhanvantari Excellence Ayurvedic Remedies Private Limited | ₹10.1 Lakh (FY 2025) | 1052.0% | Bardoli, Gujarat, India | |||
| Plabeltech Private Limited | ₹10.08 Lakh (FY 2025) | 324.0% | Bhopal, Madhya Pradesh, India | |||
| Aurora Paints Private Limited | ₹10.08 Lakh (FY 2019) | 49.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Vitalware Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Vitalware 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 Vitalware Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Vitalware Private Limited has 1 active EPFO establishment as of Apr 05, 2024.
Active EPFO establishments
1
GST
Vitalware has 4 GST registrations: 4 active.
Total GSTINs
4
Active
4
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAHCV4898H1ZS | Gujarat | Active | 20 Aug 2020 |
| 07AAHCV4898H1ZO | Delhi | Active | 05 Aug 2021 |
| 29AAHCV4898H1ZI | Karnataka | Active | 04 Nov 2021 |
| 27AAHCV4898H1ZM | Maharashtra | Active | 21 Jan 2022 |
To see the full GST registrations and return filing status of Vitalware Private Limited, buy the company report.
Recent activity
Vitalware Private Limited has 6 board changes on record since 2020: 4 appointments and 2 cessations. The latest: Priyanka Varun Tibdewal ceased to be Director on 13 Nov 2021.
AGM
Vitalware Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Vitalware Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Priyanka Varun Tibdewal ceased to be Director.
Appointed
Rajiv Liladhar Tibdewal was appointed as Director.
Ceased
Rachana Rishi Modi ceased to be Director.
Appointed
Priyanka Varun Tibdewal was appointed as Director.
Appointed
Rachana Rishi Modi was appointed as Director.
Appointed
Varun Rajiv Tibdewal was appointed as Director.
Incorporation
23 Jul 2020
Vitalware Private Limited was registered on 23 Jul 2020 with Roc Ahmedabad & aged 6 years 3 months as per MCA records.
Frequently asked questions
Vitalware is an active private limited company based in Bharuch, Gujarat, India. The company works in fine chemicals and other chemical products, within the chemicals industry. It was incorporated on 23 July 2020 (6+ years old) and is registered under CIN U24299GJ2020PTC114934.
Vitalware has 2 current directors:
- Varun Rajiv Tibdewal - Director
- Rajiv Liladhar Tibdewal - Director
The latest financial statements of Vitalware 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 2021 are in the company report.
The GSTIN of Vitalware is 24AAHCV4898H1ZS, registered in Gujarat. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 07AAHCV4898H1ZO (Delhi), 29AAHCV4898H1ZI (Karnataka), 27AAHCV4898H1ZM (Maharashtra).
The CIN (Corporate Identification Number) of Vitalware is U24299GJ2020PTC114934. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vitalware was incorporated on 23 July 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Vitalware by revenue are Chimico Genial Private Limited, Vivekanand Gums and Polymars Private Limited, United Homoeopathy Private Limited, Agrizen Crop Sciences Private Limited, Dr Amees Lab (OPC) Private Limited and 5 more, all in the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Priyanka Varun Tibdewal ceased to be Director on 13 Nov 2021. Rajiv Liladhar Tibdewal was appointed as Director on 13 Nov 2021. Rachana Rishi Modi ceased to be Director on 08 Jun 2021. Vitalware has 6 board changes on record in total.
Yes, Vitalware is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Vitalware is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-06-0000327).
Vitalware can be reached through the website ifeelfit.in. Its registered office is in Bharuch, Gujarat, India.