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Justvend Private Limited - e-commerce in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹6.88 Cr
▲ 234% YoY
Net profit · FY 2024
₹8.21 Lakh
Net margin 1.2%
EBITDA · FY 2024
₹31.23 Lakh
EBITDA margin 4.5%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1.07 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Employees · EPFO
22
Provident fund records
Directors on board
2
As per MCA filings
About Justvend Private Limited
Data last updated:
Justvend Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the general e-commerce platforms segment of the e-commerce sector. It was incorporated on 08 February 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U52190KA2021PTC143927. Its GSTIN is 29AAFCJ0984L1Z0 (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.07 Lakh. It is led by directors Shivam Vaish and Davanam Shivakumar Nikhil.
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 Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.88 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹8.21 Lakh (net margin 1.2%) and EBITDA of ₹31.23 Lakh (EBITDA margin 4.5%).
The company has about 22 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: JustVend.
Justvend Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0107084). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website justvend.in.
Company Details of Justvend Private Limited
CIN U52190KA2021PTC143927
Registration Number 143927
Incorporation Date 08 February 2021
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0107084
Recognitions & Rankings of Justvend
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0107084
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressNo.5 Aditya Garden 80 Feet Road, Near Ds Max Stonehill Apartment Gollahalli Anjanapura, Bangalore, Karnataka, India – 560062
- IndustryE-Commerce, General E-Commerce Platforms
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Associated Brands with Justvend Private Limited
Justvend operates one associated brand: JustVend. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Smart retail technology for everyday essentials, including autonomous stores and mobile access in Bangalore. | justvend.in |
Business Activity of Justvend Private Limited
The main business activity of Justvend is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Financials of Justvend Private Limited FY 2025 filings available
Justvend Private Limited reported revenue of ₹6.88 Cr (up 234% YoY) for FY 2024.
Revenue · FY 2024
₹6.88 Cr ▲ 234%
Net profit · FY 2024
₹8.21 Lakh margin 1.2%
EBITDA · FY 2024
₹31.23 Lakh margin 4.5%
Compounded Annual Growth Rate (CAGR) of Justvend Private Limited
Revenue CAGR growth
1 year
▲ 234%
EBITDA CAGR growth
1 year
▲ 144%
Revenue rose 234% in the latest year. EBITDA rose 144% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Justvend Private Limited
| 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 | ₹31.23 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹8.21 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 of Justvend Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 4.5% | •••• | •••• | •••• |
| Net Profit Margin | 1.2% | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Justvend are in the company report.
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Financial statements from FY 2021
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Justvend Private Limited
Justvend has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shivam Vaish | Director | 08 Feb 2021 | 5 Years 8 Months | Current |
| Davanam Shivakumar Nikhil | Director | 08 Feb 2021 | 5 Years 8 Months | Current |
Peer Comparison of Justvend Private Limited
Justvend Private Limited is compared with the companies closest to it by revenue in the Food and Beverages industry (Food and Beverages Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pro Healthcare Scientific Private Limited | ₹6.9 Cr (FY 2024) | •••• | •••• | 165.0% | •••• | Hadapsar, Pune, Maharashtra, India |
| Devikanta Farmer Producer Company Limited | ₹6.9 Cr (FY 2024) | •••• | •••• | 356.0% | •••• | Bundi, Rajasthan, India |
| Ganga Rice Mill Private Limited | ₹6.89 Cr (FY 2024) | •••• | •••• | 53.0% | •••• | Berhampore, West Bengal, India |
| C2c Importers Private Limited | ₹6.89 Cr (FY 2025) | •••• | •••• | 39.0% | •••• | New Delhi, Delhi, India |
| Vdi Agro Private Limited | ₹6.88 Cr (FY 2025) | •••• | •••• | -47.0% | •••• | Delhi, India |
| Justvend Private Limited this company | ₹6.88 Cr (FY 2024) | •••• | •••• | 234.0% | •••• | Bangalore, Karnataka, India |
| Marlinblue Aquatech Private Limited | ₹6.87 Cr (FY 2021) | •••• | •••• | 262.0% | •••• | Jagatsinghpur, Odisha, India |
| Pheno Organic Private Limited | ₹6.86 Cr (FY 2023) | •••• | •••• | -8.0% | •••• | Delhi, India |
| Navkar Proteins Private Limited | ₹6.86 Cr (FY 2025) | •••• | •••• | -43.0% | •••• | Ahmedabad, Gujarat, India |
| Globeton India Private Limited | ₹6.85 Cr (FY 2023) | •••• | •••• | 196.0% | •••• | Delhi, India |
| SJF Milk Products Merchant Private Limited | ₹6.85 Cr (FY 2020) | •••• | •••• | 1081.0% | •••• | Jayangar, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Justvend by revenue in the Food and Beverages industry (Food and Beverages Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Justvend Private Limited
Justvend Private Limited is audited by P R S R & Co for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| P R S R & Co | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Justvend Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
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- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Justvend Private Limited
Justvend Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Justvend Private Limited
Justvend Private Limited has a workforce of 22 employees as of Mar 26, 2024.
Employee count
22
Active EPFO establishments
1
Employee growth
-24.14%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
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Verified entity values are shown only after access is granted.
Recent Activity on Justvend Private Limited
Justvend Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Davanam Shivakumar Nikhil was appointed as Director on 08 Feb 2021.
AGM
Justvend Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Justvend Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Davanam Shivakumar Nikhil was appointed as Director.
Appointed
Shivam Vaish was appointed as Director.
Incorporation
08 Feb 2021
Justvend Private Limited was registered on 08 Feb 2021 with Roc Bangalore & aged 5 years 8 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Justvend Private Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
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- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Justvend Private Limited
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
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Subsidiaries & Group Companies of Justvend Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Justvend Private Limited
Justvend has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCJ0984L1Z0 | Karnataka | Active | 29 Mar 2021 |
| 27AAFCJ0984L1Z4 | Maharashtra | Active | 01 Nov 2023 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Justvend Private Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Frequently Asked Questions about Justvend Private Limited
Justvend is an active private limited company based in Bangalore, Karnataka, India. The company works in general e-commerce platforms, within the e-commerce industry. It was incorporated on 08 February 2021 (5+ years old) and is registered under CIN U52190KA2021PTC143927.
Justvend reported revenue of ₹6.88 Cr for FY 2024 (up 234% YoY).
Justvend has 2 current directors:
- Shivam Vaish - Director
- Davanam Shivakumar Nikhil - Director
Justvend reported a net profit of ₹8.21 Lakh (net margin 1.2%) and EBITDA of ₹31.23 Lakh (EBITDA margin 4.5%) for FY 2024, as per its filed financial statements.
The GSTIN of Justvend is 29AAFCJ0984L1Z0, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AAFCJ0984L1Z4 (Maharashtra).
The CIN (Corporate Identification Number) of Justvend is U52190KA2021PTC143927. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Justvend was incorporated on 08 February 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Justvend by revenue are Pro Healthcare Scientific Private Limited, Devikanta Farmer Producer Company Limited, Ganga Rice Mill Private Limited, C2c Importers Private Limited, Vdi Agro Private Limited and 5 more, all in the Food and Beverages industry (Food and Beverages Retail and Distribution).
Davanam Shivakumar Nikhil was appointed as Director on 08 Feb 2021. Shivam Vaish was appointed as Director on 08 Feb 2021.
Yes, Justvend is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Justvend is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0107084).