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
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
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
Vasyerp Solutions Private Limited's registered office is in Ahmedabad, Gujarat. Its website is croodstech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- 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
To see the full contact details of Vasyerp Solutions Private Limited, buy the company report.
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
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Brands
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
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 | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Vasyerp Solutions Private Limited, buy the company report.
Financials of Vasyerp Solutions Private Limited
FY 2025 filings availableVasyerp 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)
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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹2.04 Cr | ||||
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| Net Profit (PAT) | -₹4.91 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -19.4% | ||||
| Net Profit Margin | -46.8% | ||||
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To see the full financial statements and ratios of Vasyerp Solutions Private Limited, buy the company report.
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 |
Auditor
Vasyerp Solutions Private Limited is audited by D D SHAH & COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D D SHAH & COMPANY | FY 2023 | 145713W |
Shareholding
The shareholding of Vasyerp 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 Vasyerp Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Vasyerp 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 Vasyerp Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Vasyerp Solutions Private Limited has a workforce of 140 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
Employee count
140
Active EPFO establishments
1
Employee growth
105.88%
GST
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 |
To see the full GST registrations and return filing status of Vasyerp Solutions Private Limited, buy the company report.
Recent activity
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.
Frequently asked questions
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 has 3 current directors:
- Dharmendra Chunilal Ahuja - Managing Director
- Ravi Navinchandra Karia - Additional Director
- Preetha Rajeshkumar - Director
The latest financial statements of Vasyerp Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 24 September 2025. Year-wise statements from FY 2017 are in the company report.
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.
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).
Yes, Vasyerp Solutions is registered as an MSME under Udyam registration (number: UDYAM-GJ-01-0092950).
Vasyerp Solutions can be reached through the website croodstech.com. Its registered office is in Ahmedabad, Gujarat, India.