About Charusat Innovative Ventures Foundation
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Charusat Innovative Ventures Foundation is a private not for profit company based in Petlad, Gujarat, India. It operates in the higher education segment of the education and learning sector. It was incorporated on 05 January 2022.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U80301GJ2022NPL128471.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹4,000. It is led by directors including Ashok Ramanlal Patel and Girishkumar Chaturbhai Patel.
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 C/O Charotar Institute Of Technology Changa Petlad, Gujarat, India – 388421.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.3 Lakh, a decline of 41% compared to the previous year. For the same year it recorded a net loss of ₹20,467 (net margin -15.7%) and EBITDA of -₹20,467 (EBITDA margin -15.7%).
The company is associated with 1 brand: Charusat.
For more details, the company can be reached via its website charusat.ac.in.
Company details
Contact details
Charusat Innovative Ventures Foundation's registered office is in Petlad, Gujarat.
- Social Media
- Registered AddressC/O Charotar Institute Of Technology Changa Petlad, Gujarat, India – 388421
- IndustryEducation & Learing, Higher Education
- 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
Brands
Charusat Innovative Ventures Foundation operates one associated brand: CHARUSAT. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Multiple degrees and courses across diversified streams are offered. | charusat.ac.in |
Financials of Charusat Innovative Ventures Foundation
FY 2025 filings availableCharusat Innovative Ventures Foundation reported revenue of ₹1.3 Lakh (down 41% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 41% in the latest year. EBITDA fell 131% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| EBITDA | -₹20,467 | |||
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| Net Profit (PAT) | -₹20,467 | |||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| Profitability | ||||
| EBITDA Margin | -15.7% | |||
| Net Profit Margin | -15.7% | |||
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To see the full financial statements and ratios of Charusat Innovative Ventures Foundation, buy the company report.
Board of directors of Charusat Innovative Ventures Foundation
Charusat Innovative Ventures Foundation has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Ramanlal Patel | Director | 08 Jan 2022 | 4 Years 10 Months | Current |
| Girishkumar Chaturbhai Patel | Director | 05 Jan 2022 | 4 Years 10 Months | Current |
| Madhukanta Jayantilal Patel | Director | 05 Jan 2022 | 4 Years 10 Months | Current |
| Atulkumar Manubhai Patel Also directs: Charusat Enterprise Solutions Private Limited | Director | 07 Apr 2023 | 3 Years 7 Months | Current |
| Vipulkumar Vinubhai Patel | Director | 08 Nov 2023 | 3 Years 0 Months | Current |
Legal cases
No court or tribunal cases involving Charusat Innovative Ventures Foundation 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 Charusat Innovative Ventures Foundation; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Charusat Innovative Ventures Foundation; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Charusat Innovative Ventures Foundation has 9 board changes on record since 2022: 7 appointments and 2 cessations. The latest: Ramesh Venkataramaiah Upadhyay ceased to be Director on 30 Jun 2025.
Frequently asked questions
Charusat Innovative Ventures Foundation is an active private not for profit company based in Petlad, Gujarat, India. The company works in higher education, within the education and learning industry. It was incorporated on 05 January 2022 (4+ years old) and is registered under CIN U80301GJ2022NPL128471.
Charusat Innovative Ventures Foundation has 5 current directors:
- Ashok Ramanlal Patel - Director
- Girishkumar Chaturbhai Patel - Director
- Madhukanta Jayantilal Patel - Director
- Atulkumar Manubhai Patel - Director
- Vipulkumar Vinubhai Patel - Director
The latest financial statements of Charusat Innovative Ventures Foundation 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 2022 are in the company report.
The CIN (Corporate Identification Number) of Charusat Innovative Ventures Foundation is U80301GJ2022NPL128471. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Charusat Innovative Ventures Foundation was incorporated on 05 January 2022, making it 4+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Ramesh Venkataramaiah Upadhyay ceased to be Director on 30 Jun 2025. Vipulkumar Vinubhai Patel was appointed as Director on 08 Nov 2023. Atulkumar Manubhai Patel was appointed as Director on 07 Apr 2023. Charusat Innovative Ventures Foundation has 9 board changes on record in total.
Charusat Innovative Ventures Foundation can be reached through the website charusat.ac.in. Its registered office is in Petlad, Gujarat, India.
The registered office of Charusat Innovative Ventures Foundation is at CO Charotar Institute Of Technology Changa Petlad, Gujarat, India – 388421.
Charusat Innovative Ventures Foundation operates in the education and learning industry, in the higher education segment.
Charusat Innovative Ventures Foundation has 1 associated brand: Charusat.
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