
Fuely Services Private Limited
About Fuely Services Private Limited
Data last updated:
Fuely Services Private Limited is a private limited company based in Vadodara, Gujarat, India, recognised as a startup by DPIIT. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 08 August 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U52100GJ2020PTC115397.
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹30 Lakh. It is led by directors including Vyom Baldevbhai Amin and Alay Hitendra 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 5th Floor C. Patel House 135 To 138 Balajinagar Vip Road, Vadodara, Gujarat, India – 390022.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.19 Cr, a decline of 61% compared to the previous year. For the same year it recorded a net loss of ₹25.98 Lakh (net margin -6.2%) and EBITDA of -₹24.33 Lakh (EBITDA margin -5.8%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years.
Court records list 2 cases involving the company, including 2 filed against it.
Fuely Services Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0004236).
Company details
Recognitions & Rankings of Fuely Services
- Category
- Micro (2021-22)
- Udyam number
- UDYAM-GJ-24-0004236
Contact details
Fuely Services Private Limited's registered office is in Vadodara, Gujarat.
- Registered Address5th Floor C. Patel House 135 To 138 Balajinagar Vip Road, Vadodara, Gujarat, India – 390022
- IndustryChemicals and Materials, Chemical Distribution & Retail
- 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
Business activity
The main business activity of Fuely Services is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Fuely Services Private Limited, buy the company report.
Financials of Fuely Services Private Limited
FY 2025 filings availableFuely Services Private Limited reported revenue of ₹4.19 Cr (down 61% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 61% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 26%. EBITDA fell 478% 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 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹24.33 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹25.98 Lakh | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
| Trade Payables | ||||
| Total Liabilities | ||||
| Fixed Assets | ||||
| Investments | ||||
| Inventories | ||||
| Trade Receivables | ||||
| Cash and Bank Balance | ||||
| Total Assets | ||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -5.8% | |||
| Net Profit Margin | -6.2% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
| Debt-to-Equity Ratio | ||||
| Interest Coverage Ratio | ||||
| Efficiency and Growth | ||||
| Asset Turnover | ||||
| Receivable Days | ||||
| Payable Days | ||||
| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Fuely Services Private Limited, buy the company report.
Board of directors of Fuely Services Private Limited
Fuely Services has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vyom Baldevbhai Amin Also directs: Dhyey Technologies (OPC) Private Limited | Director | 08 Aug 2020 | 6 Years 2 Months | Current |
| Alay Hitendra Patel | Director | 25 Feb 2021 | 5 Years 8 Months | Current |
| Purvam Bhaskar Patel | Director | 25 Feb 2021 | 5 Years 8 Months | Current |
| Sapankumar Ashokbhai Patel | Director | 08 Aug 2020 | 6 Years 2 Months | Current |
Legal cases
Fuely Services Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Vadodara, Gujarat | Criminal complaint | Filed against the company by Government of Gujarat | Disposed |
| District court, Vadodara, Gujarat | Criminal complaint | Filed against the company by Government of Gujarat | Disposed |
To see the full case history of Fuely Services Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Fuely Services Private Limited; 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 Fuely Services Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Fuely Services Private Limited has 4 board changes on record since 2020: 4 appointments. The latest: Alay Hitendra Patel was appointed as Director on 25 Feb 2021.
Frequently asked questions
Fuely Services is an active private limited company based in Vadodara, Gujarat, India. The company works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 08 August 2020 (6+ years old) and is registered under CIN U52100GJ2020PTC115397.
Fuely Services has 4 current directors:
- Vyom Baldevbhai Amin - Director
- Alay Hitendra Patel - Director
- Purvam Bhaskar Patel - Director
- Sapankumar Ashokbhai Patel - Director
The latest financial statements of Fuely Services 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 CIN (Corporate Identification Number) of Fuely Services is U52100GJ2020PTC115397. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fuely Services has 2 court cases on record: 2 filed against it.
Fuely Services was incorporated on 08 August 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Alay Hitendra Patel was appointed as Director on 25 Feb 2021. Purvam Bhaskar Patel was appointed as Director on 25 Feb 2021. Sapankumar Ashokbhai Patel was appointed as Director on 08 Aug 2020. Fuely Services has 4 board changes on record in total.
Yes, Fuely Services is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Fuely Services is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-24-0004236).
The registered office of Fuely Services is at 5th Floor C. Patel House 135 To 138 Balajinagar Vip Road, Vadodara, Gujarat, India – 390022.