About Vedant Techserve Private Limited
Data last updated:
Vedant Techserve Private Limited was a private limited company based in Ahmedabad, Gujarat, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the web design and maintenance services segment of the technology and IT services sector. It was incorporated on 12 November 2010.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2010PTC062899. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹2 Lakh and a paid-up capital of ₹2 Lakh. It was formerly known as Vedant Technical Private Limited and Vedant Globalcom Private Limited. It was led by directors Charmi Maunish Vyas and Himani Viral Vyas.
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 was at B – 2 Rangkrupa Complex Parimal Garden Crossroad Cg Road, Ahmedabad, Gujarat, India – 380006.
As per the financials filed for FY 2022, the company reported a revenue of ₹8.15 Lakh, a decline of 59% compared to the previous year. For the same year it recorded a net loss of ₹1,210 (net margin -0.1%) and EBITDA of -₹1,210 (EBITDA margin -0.1%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years.
The last known website on record is vedanttech.com.
Company details
Name history
Vedant Techserve has undergone 6 name changes throughout its history. The current legal name is Vedant Techserve Private Limited.
| Company Name | Status |
|---|---|
| Vedant Techserve Private Limited | Current |
| Vedant Technical Private Limited | Previous |
| Vedant Globalcom Private Limited | Previous |
| Pragna Kiran Adnet Private Limited | Previous |
| Pragna Kiran Global Private Limited | Previous |
| Saathiva Creations Private Limited | Previous |
| Pragna Kiran Ventures Private Limited | Previous |
Contact details
Vedant Techserve Private Limited's registered office is in Ahmedabad, Gujarat. Its website is vedanttech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressB – 2 Rangkrupa Complex Parimal Garden Crossroad Cg Road, Ahmedabad, Gujarat, India – 380006
- IndustryInformation Technology, Web Design & Maintenance Services
To see the full contact details of Vedant Techserve 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
Financials of Vedant Techserve Private Limited
FY 2023 filings availableVedant Techserve Private Limited reported revenue of ₹8.15 Lakh (down 59% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue fell 59% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 7%. 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹8.15 Lakh | ||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | -₹1,210 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1,210 | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.1% | ||||
| Net Profit Margin | -0.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Vedant Techserve Private Limited, buy the company report.
Board of directors of Vedant Techserve Private Limited
Vedant Techserve has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Charmi Maunish Vyas | Director | 19 May 2021 | 5 Years 5 Months | As last reported |
| Himani Viral Vyas | Director | 15 Mar 2021 | 5 Years 7 Months | As last reported |
Auditor
Vedant Techserve Private Limited is audited by MALAY N SHAH & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MALAY N SHAH & CO | FY 2021 | 142899W |
Shareholding
The shareholding of Vedant Techserve Private Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Vedant Techserve Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Vedant Techserve 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 Vedant Techserve Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Vedant Techserve Private Limited has 1 active EPFO establishment as of Apr 07, 2024.
GST
Vedant Techserve has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Vedant Techserve Private Limited, buy the company report.
Recent activity
Vedant Techserve Private Limited has 9 board changes on record since 2015: 2 appointments and 7 cessations. The latest: Charmi Maunish Vyas was appointed as Director on 19 May 2021.
Frequently asked questions
Vedant Techserve has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Vedant Techserve was a private limited company based in Ahmedabad, Gujarat, India. The company worked in web design and maintenance services, within the information technology industry. It was incorporated on 12 November 2010 and is registered under CIN U72900GJ2010PTC062899. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Vedant Techserve is U72900GJ2010PTC062899. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vedant Techserve had 2 directors:
- Charmi Maunish Vyas - Director
- Himani Viral Vyas - Director
Vedant Techserve was incorporated on 12 November 2010. It is registered with the Registrar of Companies, Ahmedabad.
Vedant Techserve can be reached through the website vedanttech.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Vedant Techserve is at B – 2 Rangkrupa Complex Parimal Garden Crossroad Cg Road, Ahmedabad, Gujarat, India – 380006.
The latest financial statements of Vedant Techserve 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 2015 are in the company report.
No. Vedant Techserve has 1 GST registration on record and it is cancelled or inactive.
Vedant Techserve operated in the information technology industry, in the web design and maintenance services segment.