MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-24-0009549
Koreiot Solutions Private Limited - information technology in Vadodara, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹1.25 Cr
▼ 47% YoY
Net profit · FY 2024
₹4.32 Lakh
Net margin 3.4%
EBITDA · FY 2024
₹9.54 Lakh
EBITDA margin 7.6%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
11 yrs
Est. 2015
Employees · EPFO
7
Provident fund records
Directors on board
2
As per MCA filings
About Koreiot Solutions Private Limited
Data last updated:
Koreiot Solutions Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 30 October 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2015PTC084931. Its GSTIN is 24AAFCK9873M2ZS (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Core Iot Private Limited and Krios Netcom Private Limited. It is led by directors Vandanaben Jagadish Shah and Jagadish Kantilal Shah.
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 Vadodara, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.25 Cr, a decline of 47% compared to the previous year. For the same year it recorded a net profit of ₹4.32 Lakh (net margin 3.4%) and EBITDA of ₹9.54 Lakh (EBITDA margin 7.6%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 10% over five years.
The company has about 7 employees on its provident fund (EPFO) records.
Koreiot Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0009549). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kriosnetcom.com.
Company details
CIN U72900GJ2015PTC084931
Registration Number 084931
Incorporation Date 30 October 2015
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 Micro
Udyam Registration UDYAM-GJ-24-0009549
Name history
Koreiot Solutions has undergone 2 name changes throughout its history. The company was previously known as Core Iot Private Limited, and Krios Netcom Private Limited. The current legal name is Koreiot Solutions Private Limited.
| Company Name | Status |
|---|---|
| Koreiot Solutions Private Limited | Current |
| Core Iot Private Limited | Previous |
| Krios Netcom Private Limited | Previous |
Recognitions & Rankings of Koreiot Solutions
Contact details
Koreiot Solutions Private Limited's registered office is in Vadodara, Gujarat. Its website is kriosnetcom.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressGround Floor Block No 19 Kamdhenu Society, Mehsana Nagar Road Nizampura, Vadodara, Gujarat, India – 390002
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Koreiot Solutions Private Limited, buy the company report.
Comprehensive company report
Koreiot 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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Secure checkout · GST invoice included
Business activity
The main business activity of Koreiot Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Koreiot Solutions Private Limited, buy the company report.
Financials of Koreiot Solutions Private Limited
FY 2025 filings availableKoreiot Solutions Private Limited reported revenue of ₹1.25 Cr (down 47% YoY) for FY 2024.
Revenue · FY 2024
₹1.25 Cr ▼ 47%
Net profit · FY 2024
₹4.32 Lakh margin 3.4%
EBITDA · FY 2024
₹9.54 Lakh margin 7.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 47%
3 years · compounded
▼ 2%
5 years · compounded
▼ 10%
EBITDA CAGR growth
1 year
▼ 76%
3 years · compounded
▲ 39%
5 years · compounded
▼ 17%
Revenue has declined at a compounded annual rate (CAGR) of 10% over five years, including a 47% fall in the latest year. EBITDA fell 76% 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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| EBITDA | ₹9.54 Lakh | ||||
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| Net Profit (PAT) | ₹4.32 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 7.6% | ||||
| Net Profit Margin | 3.4% | ||||
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To see the full financial statements and ratios of Koreiot Solutions Private Limited, buy the company report.
Board of directors of Koreiot Solutions Private Limited
Koreiot Solutions has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vandanaben Jagadish Shah | Director | 01 Feb 2017 | 9 Years 8 Months | Current |
| Jagadish Kantilal Shah | Director | 01 Feb 2017 | 9 Years 8 Months | Current |
Auditor
Koreiot Solutions Private Limited is audited by RANPURA DESAI AND COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RANPURA DESAI AND COMPANY | FY 2023 | 117476W |
Shareholding
The shareholding of Koreiot 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 Koreiot Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Koreiot 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 Koreiot Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Koreiot Solutions Private Limited has a workforce of 7 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
7
Active EPFO establishments
1
Employee growth
-41.67%
GST
Koreiot Solutions has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCK9873M2ZS | Gujarat | Active | 17 Jul 2020 |
To see the full GST registrations and return filing status of Koreiot Solutions Private Limited, buy the company report.
Recent activity
Koreiot Solutions Private Limited has 7 board changes on record since 2016: 2 appointments and 5 cessations. The latest: Jagadish Kantilal Shah ceased to be Additional Director on 30 Sep 2017.
AGM
Koreiot Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Koreiot Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Jagadish Kantilal Shah ceased to be Additional Director.
Ceased
Vandanaben Jagadish Shah ceased to be Additional Director.
Ceased
Amit Piyushbhai Shah ceased to be Director.
Appointed
Jagadish Kantilal Shah was appointed as Director.
Appointed
Vandanaben Jagadish Shah was appointed as Director.
Ceased
Viraliben Amitkumar Shah ceased to be Additional Director.
Ceased
Nitin Nagindas Shah ceased to be Director.
Incorporation
30 Oct 2015
Koreiot Solutions Private Limited was registered on 30 Oct 2015 with Roc Ahmedabad & aged 10 years 11 months as per MCA records.
Frequently asked questions
Koreiot Solutions is an active private limited company based in Vadodara, Gujarat, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 30 October 2015 (11+ years old) and is registered under CIN U72900GJ2015PTC084931.
Koreiot Solutions has 2 current directors:
- Vandanaben Jagadish Shah - Director
- Jagadish Kantilal Shah - Director
The latest financial statements of Koreiot 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 FY 2016 are in the company report.
The GSTIN of Koreiot Solutions is 24AAFCK9873M2ZS, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Koreiot Solutions is U72900GJ2015PTC084931. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Koreiot Solutions was incorporated on 30 October 2015, making it 11+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Jagadish Kantilal Shah ceased to be Additional Director on 30 Sep 2017. Vandanaben Jagadish Shah ceased to be Additional Director on 30 Sep 2017. Amit Piyushbhai Shah ceased to be Director on 09 Feb 2017. Koreiot Solutions has 7 board changes on record in total.
Yes, Koreiot Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-24-0009549).
Koreiot Solutions can be reached through the website kriosnetcom.com. Its registered office is in Vadodara, Gujarat, India.
The registered office of Koreiot Solutions is at Ground Floor Block No 19 Kamdhenu Society, Mehsana Nagar Road Nizampura, Vadodara, Gujarat, India – 390002.