About Vegam.Io Solutions Private Limited
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Vegam.Io Solutions Private Limited is a private limited company based in Hubli, Karnataka, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 21 August 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2017PTC105724. Its GSTIN is 29AAGCV0623D1ZK (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Savita Kasibhat and Guruprasad Kasibhat.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Hubli, Karnataka.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.65 Cr, a growth of 70% compared to the previous year. For the same year it recorded a net profit of ₹11.57 Lakh (net margin 7%) and EBITDA of ₹24.64 Lakh (EBITDA margin 15%). Revenue has grown at a compounded annual rate (CAGR) of 69% over three years and 54% over five years.
The company is associated with 1 brand: Vegam. As per MCA filings, the company has open charges of ₹1.16 Cr and satisfied charges of ₹20 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vegam.co.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressKle – Ctie C – Lite Building Ground Floor, Enterance Opp To Bt Building Kle Technological Univercity Bvb Campus Vidyanagar, Hubli, Karnataka, India – 580031
- IndustryInformation Technology, IT Consulting & Support Services
- 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
Business Activity of Vegam.Io Solutions Private Limited
The main business activity of Vegam.Io Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
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 Vegam.Io Solutions Private Limited FY 2025 filings available
Vegam.Io Solutions Private Limited reported revenue of ₹1.65 Cr (up 70% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Vegam.Io Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 54% over five years, including 70% growth in the latest year. EBITDA fell 17% 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 Vegam.Io Solutions Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹1.65 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹24.64 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹11.57 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 of Vegam.Io Solutions Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 7% | •••• | •••• | •••• | •••• |
| 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 Vegam.Io Solutions are in the company report.
Financial statements from FY 2018
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.
Peer Comparison of Vegam.Io Solutions Private Limited
Vegam.Io Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Progrec Apps Private Limited | ₹1.65 Cr (FY 2025) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Intutiveminds Technologies Private Limited | ₹1.65 Cr (FY 2024) | •••• | •••• | •••• | Haldwani, Uttarakhand, India | |
| Logicsxpert Private Limited | ₹1.65 Cr (FY 2025) | •••• | •••• | •••• | Bengaluru, Karnataka, India | |
| Acetech Information Systems Private Limited | ₹1.65 Cr (FY 2024) | •••• | •••• | 20.0% | •••• | New Delhi, Delhi, India |
| Toolsporium Technologies India Private Limited | ₹1.65 Cr (FY 2025) | •••• | •••• | 36.0% | •••• | Bangalore, Karnataka, India |
| Vegam.Io Solutions Private Limited this company | ₹1.65 Cr (FY 2023) | •••• | •••• | 70.0% | •••• | Hubli, Karnataka, India |
| Skytech Commerce Private Limited | ₹1.64 Cr (FY 2024) | •••• | •••• | 144.0% | •••• | Hyderabad, Telangana, India |
| VDS Infotech Private Limited | ₹1.64 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Mumbai, Maharashtra, India |
| Amplinno India Private Limited | ₹1.64 Cr (FY 2020) | •••• | •••• | 35.0% | •••• | Jaunpur, Uttar Pradesh, India |
| N-Tech Infosolutions Private Limited | ₹1.64 Cr (FY 2024) | •••• | •••• | 4.0% | •••• | Ahmedabad, Gujarat, India |
| Balihans Software Private Limited | ₹1.64 Cr (FY 2024) | •••• | •••• | -18.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Vegam.Io Solutions by revenue in the same principal business activity (Computer programming, consultancy and related activities), 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 Vegam.Io Solutions Private Limited
Vegam.Io Solutions Private Limited is audited by NARAYANA BHAT & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| NARAYANA BHAT & CO | Locked | Locked | Locked |
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.
Board of Directors of Vegam.Io Solutions Private Limited
Vegam.Io Solutions has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Savita Kasibhat | Director | 21 Aug 2017 | 9 Years 1 Months | Current |
| Guruprasad Kasibhat Also directs: Aureole Technologies Private Limited | Additional Director | 16 Dec 2024 | 1 Years 9 Months | Current |
Ownership and Shareholding of Vegam.Io Solutions Private Limited
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 Vegam.Io Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Feb 2024 | Axis Bank Limited | ₹1.16 Cr | Open |
| 22 Nov 2019 | Axis Bank Limited | ₹20 Lakh | Satisfied |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Vegam.Io Solutions Private Limited
Employment history and EPFO contributions of people linked to Vegam.Io Solutions.
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.
News related to Vegam.Io Solutions Private Limited
Recent Activity on Vegam.Io Solutions Private Limited
Vegam.Io Solutions Private Limited has 3 board changes on record since 2017: 2 appointments and 1 cessation. The latest: Guruprasad Kasibhat was appointed as Additional Director on 16 Dec 2024.
Credit Ratings, Litigation & Regulatory Alerts for Vegam.Io Solutions Private Limited
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 Vegam.Io Solutions Private Limited
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 Vegam.Io Solutions Private Limited
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 Vegam.Io Solutions Private Limited
Vegam.Io Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCV0623D1ZK | Karnataka | Active | 28 Apr 2018 |
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 Vegam.Io Solutions Private Limited
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 Vegam.Io Solutions Private Limited
Vegam.Io Solutions is an active private limited company based in Hubli, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 21 August 2017 (9+ years old) and is registered under CIN U74999KA2017PTC105724.
Vegam.Io Solutions reported revenue of ₹1.65 Cr for FY 2023 (up 70% YoY).
Vegam.Io Solutions has 2 current directors:
- Savita Kasibhat - Director
- Guruprasad Kasibhat - Additional Director
Vegam.Io Solutions reported a net profit of ₹11.57 Lakh (net margin 7%) and EBITDA of ₹24.64 Lakh (EBITDA margin 15%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Vegam.Io Solutions is 69% over three years and 54% over five years. In the latest year (FY 2023) revenue rose 70%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Vegam.Io Solutions is 29AAGCV0623D1ZK, registered in Karnataka.
The CIN (Corporate Identification Number) of Vegam.Io Solutions is U74999KA2017PTC105724. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vegam.Io Solutions was incorporated on 21 August 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Vegam.Io Solutions by revenue are Progrec Apps Private Limited, Intutiveminds Technologies Private Limited, Logicsxpert Private Limited, Acetech Information Systems Private Limited, Toolsporium Technologies India Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Guruprasad Kasibhat was appointed as Additional Director on 16 Dec 2024. Subramanyam Kasibhat ceased to be Director on 16 Dec 2024. Savita Kasibhat was appointed as Director on 21 Aug 2017.
Yes, Vegam.Io Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).