Startup India Government of India
Vasyerp Solutions Private Limited - information technology in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹10.5 Cr
▲ 43% YoY
Net loss · FY 2025
₹4.91 Cr
Net margin -46.8%
EBITDA · FY 2025
-₹2.04 Cr
EBITDA margin -19.4%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹63.33 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Employees · EPFO
140
Provident fund records
Directors on board
3
As per MCA filings
About Vasyerp Solutions Private Limited
Data last updated:
Vasyerp Solutions Private Limited is a private limited company based in Ahmedabad, Gujarat, India, a subsidiary of Reliance Strategic Business Ventures Limited and recognised as a startup by DPIIT. It operates in the enterprise resource planning (ERP) solutions segment of the technology and IT services sector. It was incorporated on 09 February 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2017PTC095715. Its GSTIN is 24AAGCC8118G2ZS (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹63.33 Lakh. It was formerly known as Vasy Erp Private Limited and Croods Consolidates Private Limited. It is led by directors including Dharmendra Chunilal Ahuja (Managing Director) and Preetha Rajeshkumar.
Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.5 Cr, a growth of 43% compared to the previous year. For the same year it recorded a net loss of ₹4.91 Cr (net margin -46.8%) and EBITDA of -₹2.04 Cr (EBITDA margin -19.4%). Revenue has grown at a compounded annual rate (CAGR) of 141% over three years and 121% over five years.
The company has about 140 employees on its provident fund (EPFO) records.
The company is associated with 3 brands: Croods Consolidates, Tesia Foods and VasyERP.
Vasyerp Solutions Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0092950). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website croodstech.com.
Company Details of Vasyerp Solutions Private Limited
CIN U72900GJ2017PTC095715
Registration Number 095715
Incorporation Date 09 February 2017
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 24 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Reliance Strategic Business Ventures Limited
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification MSME
Udyam Registration UDYAM-GJ-01-0092950
Name History of Vasyerp Solutions Private Limited
Vasyerp Solutions has undergone 2 name changes throughout its history. The company was previously known as Vasy Erp Private Limited, and Croods Consolidates Private Limited. The current legal name is Vasyerp Solutions Private Limited.
| Company Name | Status |
|---|---|
| Vasyerp Solutions Private Limited | Current |
| Vasy Erp Private Limited | Previous |
| Croods Consolidates Private Limited | Previous |
Key People
Dharmendra Chunilal Ahuja Managing Director Ravi Navinchandra Karia Additional Director Preetha Rajeshkumar Director Recognitions & Rankings of Vasyerp Solutions
MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-GJ-01-0092950
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressA Block 201 – 205 (Second Floor) And Block 301 – 305 (Third Floor), Neptune Corporate House Behind Rajpath Club Bodakdev, Ahmedabad, Gujarat, India – 380054
- IndustryInformation Technology, Enterprise Resource Planning (ERP) Solutions
Comprehensive company report
Vasyerp 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
- One PDF report, delivered after checkout
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Associated Brands with Vasyerp Solutions Private Limited
Vasyerp Solutions operates multiple associated brands including Croods Consolidates, Tesia Foods, and VasyERP. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides a comprehensive suite of IT services to optimize daily business operations. | croodstech.com | |
| Produces and supplies dairy products, including buttermilk, yogurt, and milk. | tesiafoods.com | |
| Provider of business management solutions for enterprises | vasyerp.com |
Business Activity of Vasyerp Solutions Private Limited
The main business activity of Vasyerp Solutions is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | Locked |
Premium access
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Vasyerp Solutions Private Limited FY 2025 filings available
Vasyerp Solutions Private Limited reported revenue of ₹10.5 Cr (up 43% YoY) for FY 2025.
Revenue · FY 2025
₹10.5 Cr ▲ 43%
Net loss · FY 2025
₹4.91 Cr margin -46.8%
EBITDA · FY 2025
-₹2.04 Cr margin -19.4%
Compounded Annual Growth Rate (CAGR) of Vasyerp Solutions Private Limited
Revenue CAGR growth
1 year
▲ 43%
3 years · compounded
▲ 141%
5 years · compounded
▲ 121%
EBITDA CAGR growth
1 year
▲ 71%
3 years · compounded
▼ 22%
5 years · compounded
▼ 167%
Revenue has grown at a compounded annual rate (CAGR) of 121% over five years, including 43% growth in the latest year. EBITDA rose 71% 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 of Vasyerp Solutions Private Limited
| Metrics | FY 2024-25 | 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 | -₹2.04 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹4.91 Cr | •••• | •••• | •••• | •••• |
| 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 Vasyerp Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -19.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -46.8% | •••• | •••• | •••• | •••• |
| 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 Vasyerp Solutions are in the company report.
Premium access
Financial statements from FY 2017
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 Vasyerp Solutions Private Limited
Vasyerp Solutions has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravi Navinchandra Karia Also directs: Nowfloats Technologies Limited, Surajya Services Limited, Jio Haptik Technologies Limited and 3 more | Additional Director | 28 May 2026 | 0 Years 4 Months | Current |
| Preetha Rajeshkumar | Director | 13 Feb 2025 | 1 Years 8 Months | Current |
| Dharmendra Chunilal Ahuja | Managing Director | 09 Feb 2017 | 9 Years 8 Months | Current |
Peer Comparison of Vasyerp Solutions Private Limited
Vasyerp Solutions Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Enterprise Resource Planning). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Infinity Transoft Solution Private Limited | ₹11.83 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Rajkot, Gujarat, India |
| RPM Infotech Consulting Private Limited | ₹11.69 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Mumbai, Maharashtra, India |
| Vsquare Systems Private Limited | ₹11.68 Cr (FY 2025) | •••• | •••• | 29.0% | •••• | Pune, Maharashtra, India |
| Gim Info Solutions Private Limited | ₹11.39 Cr (FY 2025) | •••• | •••• | 93.0% | •••• | Raipur, Chhattisgarh, India |
| Epic Technology Research Private Limited | ₹10.59 Cr (FY 2024) | •••• | •••• | 18.0% | •••• | Pune, Maharashtra, India |
| Vasyerp Solutions Private Limited this company | ₹10.5 Cr (FY 2025) | •••• | •••• | 43.0% | •••• | Ahmedabad, Gujarat, India |
| Vthrive Solutions Private Limited | ₹10.46 Cr (FY 2024) | •••• | •••• | 68.0% | •••• | Pune, Maharashtra, India |
| Franciscan Solutions Private Limited | ₹10.06 Cr (FY 2024) | •••• | •••• | -8.0% | •••• | Delhi, India |
| Enstrapp IT Solutions Private Limited | ₹10 Cr (FY 2024) | •••• | •••• | 25.0% | •••• | Bangalore, Karnataka, India |
| Praxis Info Solutions Private Limited | ₹9.21 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Pune, Maharashtra, India |
| Roadmap IT Solutions Private Limited | ₹9.14 Cr (FY 2024) | •••• | •••• | 3.0% | •••• | Puducherry, India |
Peers are the five companies nearest above and the five nearest below Vasyerp Solutions by revenue in the Information Technology industry (Enterprise Resource Planning), 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 Vasyerp Solutions Private Limited
Vasyerp Solutions Private Limited is audited by D D SHAH & COMPANY for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| D D SHAH & COMPANY | Locked | Locked | Locked |
Premium access
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Vasyerp Solutions Private Limited
Premium access
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Vasyerp Solutions Private Limited
Vasyerp Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Vasyerp Solutions Private Limited
Vasyerp Solutions Private Limited has a workforce of 140 employees as of Mar 30, 2024.
Employee count
140
Active EPFO establishments
1
Employee growth
105.88%
Premium access
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Vasyerp Solutions Private Limited
Vasyerp Solutions Private Limited has 7 board changes on record since 2017: 3 appointments and 4 cessations. The latest: Ravi Navinchandra Karia was appointed as Additional Director on 28 May 2026.
Appointed
Ravi Navinchandra Karia was appointed as Additional Director.
AGM
Vasyerp Solutions Private Limited last Annual general meeting of members was held on 24 Sep 2025 as per latest MCA records.
Filing
Vasyerp Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Preetha Rajeshkumar was appointed as Director.
Ceased
Sachin Khopde ceased to be Additional Director.
Ceased
Sajita Chandrasekharan Nair ceased to be Additional Director.
Ceased
Khushbu Nareshbhai Motiyani ceased to be Additional Director.
Ceased
Hareshkumar Baldania ceased to be Director.
Appointed
Dharmendra Chunilal Ahuja was appointed as Managing Director.
Incorporation
09 Feb 2017
Vasyerp Solutions Private Limited was registered on 09 Feb 2017 with Roc Ahmedabad & aged 9 years 8 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Vasyerp Solutions Private Limited
Premium access
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Vasyerp Solutions Private Limited
Premium access
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Vasyerp Solutions Private Limited
Premium access
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Vasyerp Solutions Private Limited
Vasyerp 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 |
|---|---|---|---|
| 24AAGCC8118G2ZS | Gujarat | Active | 13 Aug 2021 |
Premium access
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Vasyerp Solutions Private Limited
Premium access
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Vasyerp Solutions Private Limited
Vasyerp Solutions is an active private limited company based in Ahmedabad, Gujarat, India. The company works in enterprise resource planning (erp) solutions, within the information technology industry. It was incorporated on 09 February 2017 (9+ years old) and is registered under CIN U72900GJ2017PTC095715.
Vasyerp Solutions reported revenue of ₹10.5 Cr for FY 2025 (up 43% YoY).
Vasyerp Solutions has 3 current directors:
- Dharmendra Chunilal Ahuja - Managing Director
- Ravi Navinchandra Karia - Additional Director
- Preetha Rajeshkumar - Director
Vasyerp Solutions reported a net loss of ₹4.91 Cr (net margin -46.8%) and EBITDA of -₹2.04 Cr (EBITDA margin -19.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Vasyerp Solutions is 141% over three years and 121% over five years. In the latest year (FY 2025) revenue rose 43%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Vasyerp Solutions is 24AAGCC8118G2ZS, 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 Vasyerp Solutions is U72900GJ2017PTC095715. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vasyerp Solutions was incorporated on 09 February 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Vasyerp Solutions by revenue are Infinity Transoft Solution Private Limited, RPM Infotech Consulting Private Limited, Vsquare Systems Private Limited, Gim Info Solutions Private Limited, Epic Technology Research Private Limited and 5 more, all in the Information Technology industry (Enterprise Resource Planning).
Ravi Navinchandra Karia was appointed as Additional Director on 28 May 2026. Preetha Rajeshkumar was appointed as Director on 13 Feb 2025. Sachin Khopde ceased to be Additional Director on 08 Oct 2021. Vasyerp Solutions has 7 board changes on record in total.
Yes, Vasyerp Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).