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Vrizm Innovations Private Limited - telecommunication in Ahmedabad, Gujarat, India. Directors, charges & compliance details.
Revenue · FY 2023
₹3.22 Lakh
▼ 54% YoY
Net loss · FY 2023
₹2.49 Lakh
Net margin -77.4%
EBITDA · FY 2023
-₹2.77 Lakh
EBITDA margin -86.2%
Authorised capital
₹2 Lakh
Registered with MCA
Paid-up capital
₹1.05 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Vrizm Innovations Private Limited
Data last updated:
Vrizm Innovations Private Limited is a private limited company based in Ahmedabad, Gujarat, India, recognised as a startup by DPIIT. It operates in the cable segment of the telecommunications sector. It was incorporated on 27 April 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U32302GJ2017PTC097118. Its GSTIN is 24AAFCV8980Q1ZC (Gujarat).
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1.05 Lakh. It is led by directors Jignaben Himanshubhai Patel and Deep Himanshubhai Patel.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at C/402 Saumil Appartment Nr. Madhuvrund Water Tank Rannapark Ghatlodiya, Ahmedabad, Gujarat, India – 380061.
As per the financials filed for FY 2023, the company reported a revenue of ₹3.22 Lakh, a decline of 54% compared to the previous year. For the same year it recorded a net loss of ₹2.49 Lakh (net margin -77.4%) and EBITDA of -₹2.77 Lakh (EBITDA margin -86.2%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 15% over five years.
The company is associated with 1 brand: Vrizm.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vrizm.com.
Company details
CIN U32302GJ2017PTC097118
Registration Number 097118
Incorporation Date 27 April 2017
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Vrizm Innovations
Contact details
Vrizm Innovations Private Limited's registered office is in Ahmedabad, Gujarat.
- Social Media
- Registered AddressC/402 Saumil Appartment Nr. Madhuvrund Water Tank Rannapark Ghatlodiya, Ahmedabad, Gujarat, India – 380061
- IndustryTelecommunication, Cable, Dth, Radio, Manufacturing, Television
Comprehensive company report
Vrizm Innovations 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 Vrizm Innovations is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
Financials of Vrizm Innovations Private Limited
FY 2023 filings availableVrizm Innovations Private Limited reported revenue of ₹3.22 Lakh (down 54% YoY) for FY 2023.
Revenue · FY 2023
₹3.22 Lakh ▼ 54%
Net loss · FY 2023
₹2.49 Lakh margin -77.4%
EBITDA · FY 2023
-₹2.77 Lakh margin -86.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 54%
3 years · compounded
▼ 3%
5 years · compounded
▼ 15%
EBITDA CAGR growth
1 year
▼ 686%
3 years · compounded
▼ 103%
5 years · compounded
▼ 6%
Revenue has declined at a compounded annual rate (CAGR) of 15% over five years, including a 54% fall in the latest year. EBITDA fell 686% 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
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| EBITDA | -₹2.77 Lakh | ||||
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| Net Profit (PAT) | -₹2.49 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | -86.2% | ||||
| Net Profit Margin | -77.4% | ||||
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To see the full financial statements and ratios of Vrizm Innovations Private Limited, buy the company report.
Board of directors of Vrizm Innovations Private Limited
Vrizm Innovations has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jignaben Himanshubhai Patel | Director | 27 Apr 2017 | 9 Years 5 Months | Current |
| Deep Himanshubhai Patel Also directs: Brewing Softwares Private Limited | Director | 27 Apr 2017 | 9 Years 5 Months | Current |
Peer comparison
Vrizm Innovations Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| B3rg Worldwide Private Limited | ₹3.24 Lakh (FY 2024) | -1.0% | Delhi, India | |||
| Premier Latex Pvt Ltd | ₹3.24 Lakh (FY 2025) | -21.0% | Ernakulam, Kerala, India | |||
| Suparsv Jewellers Private Limited | ₹3.24 Lakh (FY 2019) | -5.0% | Howrah, West Bengal, India | |||
| Oxycan Solutions Private Limited | ₹3.24 Lakh (FY 2024) | -54.0% | Vadodara, Gujarat, India | |||
| M-Gen Power Systems Private Limited | ₹3.23 Lakh (FY 2024) | 176.0% | Madurai, Tamil Nadu, India | |||
| Vrizm Innovations Private Limitedthis company | ₹3.22 Lakh (FY 2023) | -₹2.49 Lakh | -77.4% | -54.0% | Ahmedabad, Gujarat, India | |
| Dolon Dairy Private Limited | ₹3.21 Lakh (FY 2025) | 2.0% | Patna, Bihar, India | |||
| Aviva Industries Limited | ₹3.2 Lakh (FY 2025) | -94.0% | Thane, Maharashtra, India | |||
| Softturing Innovative Technologies Private Limited | ₹3.2 Lakh (FY 2019) | 156.0% | Badarpur, Assam, India | |||
| Aparoks Tech Private Limited | ₹3.18 Lakh (FY 2024) | 111.0% | Coimbatore, Tamil Nadu, India | |||
| Srias Engineering Private Limited | ₹3.18 Lakh (FY 2024) | -97.0% | Kondapur, K.V. Rangareddy, Telangana, India |
To see the full peer comparison of Vrizm Innovations Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Vrizm Innovations 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 Vrizm Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vrizm Innovations has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCV8980Q1ZC | Gujarat | Active | 13 Nov 2017 |
To see the full GST registrations and return filing status of Vrizm Innovations Private Limited, buy the company report.
Recent activity
Vrizm Innovations Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Deep Himanshubhai Patel was appointed as Director on 27 Apr 2017.
AGM
Vrizm Innovations Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Vrizm Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.
Appointed
Deep Himanshubhai Patel was appointed as Director.
Appointed
Jignaben Himanshubhai Patel was appointed as Director.
Incorporation
27 Apr 2017
Vrizm Innovations Private Limited was registered on 27 Apr 2017 with Roc Ahmedabad & aged 9 years 6 months as per MCA records.
Frequently asked questions
Vrizm Innovations is an active private limited company based in Ahmedabad, Gujarat, India. The company works in cable, within the telecommunication industry. It was incorporated on 27 April 2017 (9+ years old) and is registered under CIN U32302GJ2017PTC097118.
Vrizm Innovations has 2 current directors:
- Jignaben Himanshubhai Patel - Director
- Deep Himanshubhai Patel - Director
The latest financial statements of Vrizm Innovations on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Vrizm Innovations is 24AAFCV8980Q1ZC, registered in Gujarat.
The CIN (Corporate Identification Number) of Vrizm Innovations is U32302GJ2017PTC097118. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vrizm Innovations was incorporated on 27 April 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Vrizm Innovations by revenue are B3rg Worldwide Private Limited, Premier Latex Pvt Ltd, Suparsv Jewellers Private Limited, Oxycan Solutions Private Limited, M-Gen Power Systems Private Limited and 5 more, all in the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).
Deep Himanshubhai Patel was appointed as Director on 27 Apr 2017. Jignaben Himanshubhai Patel was appointed as Director on 27 Apr 2017.
Yes, Vrizm Innovations is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Vrizm Innovations can be reached through the website vrizm.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Vrizm Innovations is at C402 Saumil Appartment Nr. Madhuvrund Water Tank Rannapark Ghatlodiya, Ahmedabad, Gujarat, India – 380061.