Vasibala Ventures Private Limited

Vasibala Ventures Private Limited - business outsourcing in Surat, Gujarat, India. FY 2026 financials & compliance.
CIN U74999GJ2018PTC104148 Incorporated 19 September 2018 ROC Ahmedabad HQ Surat, Gujarat, India
Active Private Limited Company business outsourcing MSME · Micro
Data last updated
Revenue · FY 2023
₹2.27 Cr
▲ 81% YoY
Net loss · FY 2023
₹30.15 Lakh
Net margin -13.3%
EBITDA · FY 2023
₹11.93 Lakh
EBITDA margin 5.3%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Employees · EPFO
10
Provident fund records
Directors on board
5
As per MCA filings

About Vasibala Ventures Private Limited

Data last updated:

Vasibala Ventures Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 19 September 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74999GJ2018PTC104148. Its GSTIN is 24AAGCV5822Q1ZS (Gujarat). The company holds 4 GST registrations, all of them active.

The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹5 Lakh. It is led by directors including Bhaveshkumar Hiralal Navadiya and Nitin Sayamsundar Pujari.

Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 7th Floor Flat – 702 Krishna Residency Bldg – C/1 Lakshmikant Ashram Rd Katargam, Surat, Gujarat, India – 395004.

As per the financials filed for FY 2023, the company reported a revenue of ₹2.27 Cr, a growth of 81% compared to the previous year. For the same year it recorded a net loss of ₹30.15 Lakh (net margin -13.3%) and EBITDA of ₹11.93 Lakh (EBITDA margin 5.3%). Revenue has declined at a compounded annual rate (CAGR) of 18% over three years.

The company has about 10 employees on its provident fund (EPFO) records.

Vasibala Ventures Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0175417).

Company details

CIN U74999GJ2018PTC104148
Registration Number 104148
Incorporation Date 19 September 2018
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
MSME Classification Micro
Udyam Registration UDYAM-GJ-22-0175417

Recognitions & Rankings of Vasibala Ventures

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-GJ-22-0175417

Contact details

Vasibala Ventures Private Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    7th Floor Flat – 702 Krishna Residency Bldg – C/1 Lakshmikant Ashram Rd Katargam, Surat, Gujarat, India – 395004
  • Industry
    Business Outsourcing, Business & IT Consulting

To see the full contact details of Vasibala Ventures Private Limited, buy the company report.

Comprehensive company report
Vasibala Ventures 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 Vasibala Ventures is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Vasibala Ventures Private Limited, buy the company report.

Financials of Vasibala Ventures Private Limited

FY 2023 filings available

Vasibala Ventures Private Limited reported revenue of ₹2.27 Cr (up 81% YoY) for FY 2023.

Revenue · FY 2023
₹2.27 Cr ▲ 81%
Net loss · FY 2023
₹30.15 Lakh margin -13.3%
EBITDA · FY 2023
₹11.93 Lakh margin 5.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 81%
3 years · compounded
▼ 18%
EBITDA CAGR growth
1 year
▲ 199%
3 years · compounded
▲ 67%

Revenue rose 81% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 18%. EBITDA rose 199% 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹2.27 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹11.93 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹30.15 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin5.3%
Net Profit Margin-13.3%
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 Vasibala Ventures Private Limited, buy the company report.

Board of directors of Vasibala Ventures Private Limited

Vasibala Ventures has 5 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Bhaveshkumar Hiralal NavadiyaDirector01 Nov 20188 Years 0 MonthsCurrent
Nitin Sayamsundar PujariDirector01 Nov 20188 Years 0 MonthsCurrent
Jagdishbhai Babubhai RoyDirector19 Sep 20188 Years 1 MonthsCurrent
Maulik Indravadan ShahDirector19 Sep 20188 Years 1 MonthsCurrent
Bhaveshkumar Karamshibhai BagadiyaDirector19 Sep 20188 Years 1 MonthsCurrent

Auditor

Vasibala Ventures Private Limited is audited by A B TALAVIYA & CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
A B TALAVIYA & COFY 20230138230W

Shareholding

The shareholding of Vasibala Ventures 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Vasibala Ventures Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Vasibala Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Vasibala Ventures Private Limited has a workforce of 10 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.

Employee count
10
Active EPFO establishments
1

GST

Vasibala Ventures has 4 GST registrations: 4 active.

Total GSTINs
4
Active
4
GSTINStateStatusRegistered on
24AAGCV5822Q1ZSGujaratActive27 Dec 2018
08AAGCV5822Q1ZMRajasthanActive19 Oct 2018
27AAGCV5822Q1ZMMaharashtraActive24 Oct 2018
03AAGCV5822Q1ZWPunjabActive24 Feb 2022

To see the full GST registrations and return filing status of Vasibala Ventures Private Limited, buy the company report.

Recent activity

Vasibala Ventures Private Limited has 5 board changes on record since 2018: 5 appointments. The latest: Bhaveshkumar Hiralal Navadiya was appointed as Director on 01 Nov 2018.

AGM
Vasibala Ventures Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Vasibala Ventures Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.
Appointed
Bhaveshkumar Hiralal Navadiya was appointed as Director.
Appointed
Nitin Sayamsundar Pujari was appointed as Director.
Appointed
Bhaveshkumar Karamshibhai Bagadiya was appointed as Director.
Appointed
Jagdishbhai Babubhai Roy was appointed as Director.
Appointed
Maulik Indravadan Shah was appointed as Director.
Incorporation
19 Sep 2018
Vasibala Ventures Private Limited was registered on 19 Sep 2018 with Roc Ahmedabad & aged 8 years 1 month as per MCA records.

Frequently asked questions

Vasibala Ventures is an active private limited company based in Surat, Gujarat, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 19 September 2018 (8+ years old) and is registered under CIN U74999GJ2018PTC104148.

Vasibala Ventures has 5 current directors:

The latest financial statements of Vasibala Ventures on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2019 are in the company report.

The GSTIN of Vasibala Ventures is 24AAGCV5822Q1ZS, registered in Gujarat. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 08AAGCV5822Q1ZM (Rajasthan), 27AAGCV5822Q1ZM (Maharashtra), 03AAGCV5822Q1ZW (Punjab).

The CIN (Corporate Identification Number) of Vasibala Ventures is U74999GJ2018PTC104148. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Vasibala Ventures was incorporated on 19 September 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Bhaveshkumar Hiralal Navadiya was appointed as Director on 01 Nov 2018. Nitin Sayamsundar Pujari was appointed as Director on 01 Nov 2018. Bhaveshkumar Karamshibhai Bagadiya was appointed as Director on 19 Sep 2018. Vasibala Ventures has 5 board changes on record in total.

Yes, Vasibala Ventures is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-22-0175417).

The registered office of Vasibala Ventures is at 7th Floor Flat – 702 Krishna Residency Bldg – C1 Lakshmikant Ashram Rd Katargam, Surat, Gujarat, India – 395004.

Vasibala Ventures operates in the business outsourcing industry, in the business and IT consulting segment.