Veybit Technologies Private Limited
About Veybit Technologies Private Limited
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Veybit Technologies Private Limited is a private limited company based in Bhavnagar, Gujarat, India, recognised as a startup by DPIIT. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 21 December 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2021PTC128152.
The company has an authorised share capital of ₹10,000 and a paid-up capital of ₹10,000. It is led by directors Patel Nitinchandra Pranjivan and Krushnal Jitendrakumar Patel.
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 C/O Patel Rekhaben Nitinchandra Pl. No 43/A Krushna Soc. Raghukul 302 Sardarngr, Bhavnagar, Gujarat, India – 364002.
As per the financials filed for FY 2023, the company reported a revenue of ₹52,240, a growth of 74% compared to the previous year. For the same year it recorded a net profit of ₹52,240 (net margin 100%) and EBITDA of ₹52,240 (EBITDA margin 100%).
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- Registered AddressC/O Patel Rekhaben Nitinchandra Pl. No 43/A Krushna Soc. Raghukul 302 Sardarngr, Bhavnagar, Gujarat, India – 364002
- IndustryInformation Technology, Other Computer Related Activities
- 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
Board of Directors of Veybit Technologies Private Limited
Veybit Technologies has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Patel Nitinchandra Pranjivan | Director | 16 Dec 2022 | 3 Years 9 Months | Current |
| Krushnal Jitendrakumar Patel | Director | 21 Dec 2021 | 4 Years 9 Months | Current |
Financials of Veybit Technologies Private Limited FY 2023 filings available
Veybit Technologies Private Limited reported revenue of ₹52,240 (up 74% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Veybit Technologies Private Limited
Revenue rose 74% in the latest year. EBITDA rose 74% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Veybit Technologies Private Limited
| Metrics | FY 2022-23 | FY 2021-22 |
|---|---|---|
| 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 | ₹52,240 | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | ₹52,240 | •••• |
| 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 Veybit Technologies Private Limited
| Metrics | FY 2022-23 | FY 2021-22 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 100% | •••• |
| Net Profit Margin | 100% | •••• |
| 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 Veybit Technologies are in the company report.
Financial statements from FY 2022
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.
Charges & Borrowings of Veybit Technologies Private Limited
Veybit Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Veybit Technologies Private Limited
Employment history and EPFO contributions of people linked to Veybit Technologies.
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.
GST Compliance of Veybit Technologies Private Limited
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.
Credit Ratings, Litigation & Regulatory Alerts for Veybit Technologies 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 Veybit Technologies 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 Veybit Technologies 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.
MCA Filings & Documents of Veybit Technologies 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.
Recent Activity on Veybit Technologies Private Limited
Frequently Asked Questions about Veybit Technologies Private Limited
Veybit Technologies is an active private limited company based in Bhavnagar, Gujarat, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 21 December 2021 (5+ years old) and is registered under CIN U72900GJ2021PTC128152.
Veybit Technologies reported revenue of ₹52,240 for FY 2023 (up 74% YoY).
Veybit Technologies has 2 current directors:
- Patel Nitinchandra Pranjivan - Director
- Krushnal Jitendrakumar Patel - Director
Veybit Technologies reported a net profit of ₹52,240 (net margin 100%) and EBITDA of ₹52,240 (EBITDA margin 100%) for FY 2023, as per its filed financial statements.
The CIN (Corporate Identification Number) of Veybit Technologies is U72900GJ2021PTC128152. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Veybit Technologies was incorporated on 21 December 2021, making it 5+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Yes, Veybit Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of Veybit Technologies is at CO Patel Rekhaben Nitinchandra Pl. No 43A Krushna Soc. Raghukul 302 Sardarngr, Bhavnagar, Gujarat, India – 364002.
Veybit Technologies has an authorised share capital of ₹10,000 and a paid-up capital of ₹10,000.