MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-20-0065617
Vitric Business Solutions Private Limited - information technology in Nagpur, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹66.88 Lakh
▲ 133% YoY
Net profit · FY 2024
₹88,860
Net margin 1.3%
EBITDA · FY 2024
₹1.97 Lakh
EBITDA margin 3%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
10 yrs
Est. 2016
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
About Vitric Business Solutions Private Limited
Data last updated:
Vitric Business Solutions Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 21 September 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Nagpur, under CIN U74999MH2016PTC286125. Its GSTIN is 27AAFCV6108C1ZJ (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Sandeep Moreshwar Kolharkar and Parag Dattatraya Deshpande.
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 Plot No 325 Abhyankar Ngr, Nagpur, Maharashtra, India – 440010.
As per the financials filed for FY 2024, the company reported a revenue of ₹66.88 Lakh, a growth of 133% compared to the previous year. For the same year it recorded a net profit of ₹88,860 (net margin 1.3%) and EBITDA of ₹1.97 Lakh (EBITDA margin 3%). Revenue has grown at a compounded annual rate (CAGR) of 247% over three years and 56% over five years.
The company is associated with 1 brand: Vitric.
Vitric Business Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-20-0065617). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vitric.in.
Company details
CIN U74999MH2016PTC286125
Registration Number 286125
Incorporation Date 21 September 2016
ROC Nagpur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-20-0065617
Key People
Sandeep Moreshwar Kolharkar Director Parag Dattatraya Deshpande Director Rucha Ravindra Kaskhedikar Director Recognitions & Rankings of Vitric Business Solutions
Contact details
Vitric Business Solutions Private Limited's registered office is in Nagpur, Maharashtra. Its website is vitric.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No 325 Abhyankar Ngr, Nagpur, Maharashtra, India – 440010
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Vitric Business Solutions Private Limited, buy the company report.
Comprehensive company report
Vitric Business 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 Vitric Business 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 | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Vitric Business Solutions Private Limited, buy the company report.
Financials of Vitric Business Solutions Private Limited
FY 2025 filings availableVitric Business Solutions Private Limited reported revenue of ₹66.88 Lakh (up 133% YoY) for FY 2024.
Revenue · FY 2024
₹66.88 Lakh ▲ 133%
Net profit · FY 2024
₹88,860 margin 1.3%
EBITDA · FY 2024
₹1.97 Lakh margin 3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 133%
3 years · compounded
▲ 247%
5 years · compounded
▲ 56%
EBITDA CAGR growth
1 year
▲ 3%
3 years · compounded
▲ 98%
5 years · compounded
▲ 43%
Revenue has grown at a compounded annual rate (CAGR) of 56% over five years, including 133% growth in the latest year. EBITDA rose 3% 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 | ₹1.97 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹88,860 | ||||
| Balance Sheet | |||||
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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 | 3% | ||||
| Net Profit Margin | 1.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Vitric Business Solutions Private Limited, buy the company report.
Board of directors of Vitric Business Solutions Private Limited
Vitric Business Solutions has 3 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 |
|---|---|---|---|---|
| Sandeep Moreshwar Kolharkar | Director | 30 Jul 2022 | 4 Years 3 Months | Current |
| Parag Dattatraya Deshpande | Director | 20 Feb 2023 | 3 Years 8 Months | Current |
| Rucha Ravindra Kaskhedikar Also directs: Mark9 Solutions Private Limited | Director | 09 Feb 2026 | 0 Years 8 Months | Current |
Peer comparison
Vitric Business Solutions Private Limited is compared with the 7 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tawny Technology Services Private Limited | ₹66.9 Lakh (FY 2019) | -32.0% | Chennai, Tamil Nadu, India | |||
| I4 Consulting Private Limited | ₹66.9 Lakh (FY 2025) | 33.0% | Jaipur, Rajasthan, India | |||
| 247 Live IT Private Limited | ₹66.89 Lakh (FY 2023) | 40.0% | Kolkata, West Bengal, India | |||
| Vitric Business Solutions Private Limitedthis company | ₹66.88 Lakh (FY 2024) | ₹88,860 | 1.3% | 133.0% | Nagpur, Maharashtra, India | |
| Gensparc Technologies Private Limited | ₹66.83 Lakh (FY 2024) | -3.0% | Noida, Uttar Pradesh, India | |||
| One Umbrella Solutions Private Limited | ₹66.82 Lakh (FY 2023) | 14.0% | New Delhi, Delhi, India | |||
| Blueweb IT Services Private Limited | ₹66.81 Lakh (FY 2024) | 14.0% | Delhi, India | |||
| Axfone India Private Limited | ₹66.79 Lakh (FY 2021) | -23.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Vitric Business Solutions Private Limited, buy the company report.
Auditor
Vitric Business Solutions Private Limited is audited by G V B & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G V B & ASSOCIATES | FY 2020 | 147484W |
Shareholding
The shareholding of Vitric Business Solutions Private Limited is on record for 2 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Vitric Business Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Vitric Business 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 Vitric Business Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vitric Business Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCV6108C1ZJ | Maharashtra | Active | 12 Nov 2018 |
To see the full GST registrations and return filing status of Vitric Business Solutions Private Limited, buy the company report.
Recent activity
Vitric Business Solutions Private Limited has 9 board changes on record since 2017: 3 appointments and 6 cessations. The latest: Sandeep Moreshwar Kolharkar ceased to be Director on 10 Feb 2026.
Ceased
Sandeep Moreshwar Kolharkar ceased to be Director.
Appointed
Rucha Ravindra Kaskhedikar was appointed as Director.
AGM
Vitric Business Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Vitric Business Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Nagpur.
Appointed
Parag Dattatraya Deshpande was appointed as Director.
Ceased
Rucha Ravindra Kaskhedikar ceased to be Director.
Ceased
Nilesh Sandeep Kolharkar ceased to be Director.
Appointed
Sandeep Moreshwar Kolharkar was appointed as Director.
Ceased
Sarang Chandrashekhar Ghawde ceased to be Additional Director.
Ceased
Kaustubh Kiran Gadkari ceased to be Director.
Ceased
Amit Parag Gaiki ceased to be Director.
Incorporation
21 Sep 2016
Vitric Business Solutions Private Limited was registered on 21 Sep 2016 with Roc Nagpur & aged 10 years 1 month as per MCA records.
Frequently asked questions
Vitric Business Solutions is an active private limited company based in Nagpur, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 21 September 2016 (10+ years old) and is registered under CIN U74999MH2016PTC286125.
Vitric Business Solutions has 3 current directors:
- Sandeep Moreshwar Kolharkar - Director
- Parag Dattatraya Deshpande - Director
- Rucha Ravindra Kaskhedikar - Director
The latest financial statements of Vitric Business Solutions 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 2017 are in the company report.
The GSTIN of Vitric Business Solutions is 27AAFCV6108C1ZJ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Vitric Business Solutions is U74999MH2016PTC286125. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vitric Business Solutions was incorporated on 21 September 2016, making it 10+ years old. It is registered with the Registrar of Companies, Nagpur.
The peers of Vitric Business Solutions by revenue are Tawny Technology Services Private Limited, I4 Consulting Private Limited, 247 Live IT Private Limited, Gensparc Technologies Private Limited, One Umbrella Solutions Private Limited and 2 more, all in the same principal business activity (computer programming, consultancy and related activities).
Sandeep Moreshwar Kolharkar ceased to be Director on 10 Feb 2026. Rucha Ravindra Kaskhedikar was appointed as Director on 09 Feb 2026. Parag Dattatraya Deshpande was appointed as Director on 20 Feb 2023. Vitric Business Solutions has 9 board changes on record in total.
Yes, Vitric Business Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-20-0065617).
Vitric Business Solutions can be reached through the website vitric.in. Its registered office is in Nagpur, Maharashtra, India.
The registered office of Vitric Business Solutions is at Plot No 325 Abhyankar Ngr, Nagpur, Maharashtra, India – 440010.
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