MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0043967
Advait Business Solutions Private Limited - information technology in Sanand, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹2.9 Cr
▼ 52% YoY
Net profit · FY 2024
₹88,000
Net margin 0.3%
EBITDA · FY 2024
₹10.81 Lakh
EBITDA margin 3.7%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹46 Lakh
Issued & subscribed
Open charges
₹2.2 Cr
Satisfied ₹77.5 Lakh
Company age
14 yrs
Est. 2012
Employees · EPFO
8
Provident fund records
About Advait Business Solutions Private Limited
Data last updated:
Advait Business Solutions Private Limited is a private limited company based in Sanand, Gujarat, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 12 July 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2012PTC071104. Its GSTIN is 24AAKCA7746C1ZR (Gujarat).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹46 Lakh. It is led by directors including Dhruva Vivek Chokshi and Animish Bansilal Chokshi.
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 Sanand, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.9 Cr, a decline of 52% compared to the previous year. For the same year it recorded a net profit of ₹88,000 (net margin 0.3%) and EBITDA of ₹10.81 Lakh (EBITDA margin 3.7%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 24% over five years.
The company has about 8 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.2 Cr and satisfied charges of ₹77.5 Lakh on record.
Advait Business Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0043967). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website advaitbusiness.com.
Company details
CIN U72900GJ2012PTC071104
Registration Number 071104
Incorporation Date 12 July 2012
ROC Ahmedabad
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 Small
Udyam Registration UDYAM-GJ-01-0043967
Key People
Dhruva Vivek Chokshi Director Animish Bansilal Chokshi Director Lokesh Anil Rajkotia Director Recognitions & Rankings of Advait Business Solutions
Contact details
Advait Business Solutions Private Limited's registered office is in Sanand, Gujarat. Its website is advaitbusiness.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressBehind Cadilal Healthcare, Changodar, Sanand, Gujarat, India – 382110
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Advait Business Solutions Private Limited, buy the company report.
Comprehensive company report
Advait 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 Advait Business Solutions is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Advait Business Solutions Private Limited, buy the company report.
Financials of Advait Business Solutions Private Limited
FY 2025 filings availableAdvait Business Solutions Private Limited reported revenue of ₹2.9 Cr (down 52% YoY) for FY 2024.
Revenue · FY 2024
₹2.9 Cr ▼ 52%
Net profit · FY 2024
₹88,000 margin 0.3%
EBITDA · FY 2024
₹10.81 Lakh margin 3.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 52%
3 years · compounded
▲ 15%
5 years · compounded
▲ 24%
EBITDA CAGR growth
1 year
▼ 60%
3 years · compounded
▼ 38%
5 years · compounded
▲ 18%
Revenue fell 52% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 24%. EBITDA fell 60% 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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| Finance Costs | |||||
| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹10.81 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹88,000 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
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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 | 3.7% | ||||
| Net Profit Margin | 0.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
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| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Advait Business Solutions Private Limited, buy the company report.
Board of directors of Advait Business Solutions Private Limited
Advait Business Solutions has 3 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 |
|---|---|---|---|---|
| Dhruva Vivek Chokshi Also directs: LF Foods Private Limited | Director | 15 Mar 2016 | 10 Years 7 Months | Current |
| Animish Bansilal Chokshi | Director | 12 Jul 2012 | 14 Years 3 Months | Current |
| Lokesh Anil Rajkotia | Director | 21 Nov 2025 | 0 Years 11 Months | Current |
Peer comparison
Advait Business Solutions Private Limited is compared with the 7 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vexil Business Process Services Private Limited | ₹2.91 Cr (FY 2025) | 45.0% | New Delhi, Delhi, India | |||
| K R K G Business Consultants Private Limited | ₹2.9 Cr (FY 2025) | 26.0% | Ludhiana, Punjab, India | |||
| Cogent Integrated Business Solutions Private Limited | ₹2.9 Cr (FY 2024) | -35.0% | Hyderabad, Telangana, India | |||
| Unorthodox Designs Private Limited | ₹2.9 Cr (FY 2025) | -36.0% | New Delhi, Delhi, India | |||
| Advait Business Solutions Private Limitedthis company | ₹2.9 Cr (FY 2024) | ₹88,000 | 0.3% | -52.0% | 8 | Sanand, Gujarat, India |
| Secutelnet Technologies Private Limited | ₹2.9 Cr (FY 2019) | 53.0% | Bangalore, Karnataka, India | |||
| Nihon Renewable Private Limited | ₹2.9 Cr (FY 2025) | 181214.0% | Vadodara, Gujarat, India | |||
| Gurkul Techno Consultants Private Limited | ₹2.9 Cr (FY 2025) | 137.0% | Bhopal, Madhya Pradesh, India |
To see the full peer comparison of Advait Business Solutions Private Limited, buy the company report.
Auditor
Advait Business Solutions Private Limited is audited by R J M S & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R J M S & ASSOCIATES | FY 2023 | 143455W |
Shareholding
The shareholding of Advait Business Solutions Private Limited is on record for 5 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 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Advait Business Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2.2 Cr
Satisfied charges
₹77.5 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Dec 2024 | 101033955 | Others | ₹2 Cr | Open | |
| 23 May 2024 | 100924874 | Sidbi | ₹10.45 Lakh | Open | |
| 16 Mar 2024 | 100923086 | Others | ₹10.03 Lakh | Open | |
| 24 Jan 2023 | 100675786 | The Kalupur Commercial Co-Operative Bank Limited | ₹77.5 Lakh | Satisfied |
To see the full charge records of Advait Business Solutions Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Advait 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 Advait Business Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Advait Business Solutions Private Limited has a workforce of 8 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
8
Active EPFO establishments
1
Employee growth
100%
GST
Advait Business Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAKCA7746C1ZR | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Advait Business Solutions Private Limited, buy the company report.
Recent activity
Advait Business Solutions Private Limited has 5 board changes on record since 2012: 3 appointments and 2 cessations. The latest: Lokesh Anil Rajkotia was appointed as Director on 21 Nov 2025.
Appointed
Lokesh Anil Rajkotia was appointed as Director.
AGM
Advait Business Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Advait Business Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge registered on 24 Jan 2023 via Charge ID 100675786 with The Kalupur Commercial Co-Operative Bank Limited was fully satisfied on 02 Jan 2025.
Charges
A charge with Others amounted to Rs. 200.00 Lakh with Charge ID 101033955 was registered on 30 Dec 2024.
Charges
A charge with Sidbi amounted to Rs. 10.45 Lakh with Charge ID 100924874 was registered on 23 May 2024.
Charges
A charge with Others amounted to Rs. 10.03 Lakh with Charge ID 100923086 was registered on 16 Mar 2024.
Charges
A charge with The Kalupur Commercial Co-Operative Bank Limited of Rs. 77.50 Lakh registered on 24 Jan 2023 with Charge ID 100675786 was modified on 20 Sep 2023.
Charges
A charge with The Kalupur Commercial Co-Operative Bank Limited amounted to Rs. 77.50 Lakh with Charge ID 100675786 was registered on 24 Jan 2023.
Ceased
Vivek Animish Chokshi ceased to be Director.
Ceased
Dhruva Vivek Chokshi ceased to be Additional Director.
Appointed
Dhruva Vivek Chokshi was appointed as Director.
2 earlier events are in the company report.
Frequently asked questions
Advait Business Solutions is an active private limited company based in Sanand, Gujarat, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 12 July 2012 (14+ years old) and is registered under CIN U72900GJ2012PTC071104.
Advait Business Solutions has 3 current directors:
- Dhruva Vivek Chokshi - Director
- Animish Bansilal Chokshi - Director
- Lokesh Anil Rajkotia - Director
The latest financial statements of Advait 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 2015 are in the company report.
The GSTIN of Advait Business Solutions is 24AAKCA7746C1ZR, registered in Gujarat.
The CIN (Corporate Identification Number) of Advait Business Solutions is U72900GJ2012PTC071104. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Advait Business Solutions was incorporated on 12 July 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Advait Business Solutions by revenue are Vexil Business Process Services Private Limited, K R K G Business Consultants Private Limited, Cogent Integrated Business Solutions Private Limited, Unorthodox Designs Private Limited, Secutelnet Technologies Private Limited and 2 more, all in the same principal business activity (other professional, scientific and technical activities).
Lokesh Anil Rajkotia was appointed as Director on 21 Nov 2025. Vivek Animish Chokshi ceased to be Director on 31 Mar 2019. Dhruva Vivek Chokshi ceased to be Additional Director on 30 Sep 2016. Advait Business Solutions has 5 board changes on record in total.
Yes, Advait Business Solutions is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0043967).
Advait Business Solutions can be reached through the website advaitbusiness.com. Its registered office is in Sanand, Gujarat, India.
The registered office of Advait Business Solutions is at Behind Cadilal Healthcare, Changodar, Sanand, Gujarat, India – 382110.
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