- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-22-0175417

Vasibala Ventures Private Limited
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
Recognitions & Rankings of Vasibala Ventures
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 Address7th Floor Flat – 702 Krishna Residency Bldg – C/1 Lakshmikant Ashram Rd Katargam, Surat, Gujarat, India – 395004
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Vasibala Ventures Private Limited, buy the company report.
- 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 Vasibala Ventures is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale 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 availableVasibala Ventures Private Limited reported revenue of ₹2.27 Cr (up 81% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Total Revenue | ₹2.27 Cr | ||||
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| EBITDA | ₹11.93 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹30.15 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.3% | ||||
| Net Profit Margin | -13.3% | ||||
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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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhaveshkumar Hiralal Navadiya | Director | 01 Nov 2018 | 8 Years 0 Months | Current |
| Nitin Sayamsundar Pujari | Director | 01 Nov 2018 | 8 Years 0 Months | Current |
| Jagdishbhai Babubhai Roy | Director | 19 Sep 2018 | 8 Years 1 Months | Current |
| Maulik Indravadan Shah | Director | 19 Sep 2018 | 8 Years 1 Months | Current |
| Bhaveshkumar Karamshibhai Bagadiya | Director | 19 Sep 2018 | 8 Years 1 Months | Current |
Auditor
Vasibala Ventures Private Limited is audited by A B TALAVIYA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A B TALAVIYA & CO | FY 2023 | 0138230W |
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 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 Vasibala Ventures Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Vasibala Ventures 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 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.
GST
Vasibala Ventures has 4 GST registrations: 4 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCV5822Q1ZS | Gujarat | Active | 27 Dec 2018 |
| 08AAGCV5822Q1ZM | Rajasthan | Active | 19 Oct 2018 |
| 27AAGCV5822Q1ZM | Maharashtra | Active | 24 Oct 2018 |
| 03AAGCV5822Q1ZW | Punjab | Active | 24 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.
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:
- Bhaveshkumar Hiralal Navadiya - Director
- Nitin Sayamsundar Pujari - Director
- Jagdishbhai Babubhai Roy - Director
- Maulik Indravadan Shah - Director
- Bhaveshkumar Karamshibhai Bagadiya - Director
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.

