About Vibrant Advertising Pvt Ltd
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Vibrant Advertising Pvt Ltd is a private limited company based in Ahmedabad, Gujarat, India. It operates in the advertising and media services segment of the media and publishing sector. It was incorporated on 16 May 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74300GJ1988PTC010703. Its GSTIN is 27AAACV7737Q1ZI (Maharashtra). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹84.16 Cr and a paid-up capital of ₹84.16 Cr. It is led by directors Nikhil Bharadwaj Dave (Whole-Time Director) and Devesh Chandrakant Vasavada.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 701 Capstone Opp. Chirag Motors Surendra Mangaldas Road Ellisbridge, Ahmedabad, Gujarat, India – 380006.
As per the financials filed for FY 2024, the company reported a revenue of ₹2,043.81 Cr, a decline of 23% compared to the previous year. For the same year it recorded a net profit of ₹27.21 Cr (net margin 1.3%) and EBITDA of ₹36.58 Cr (EBITDA margin 1.8%). Revenue has declined at a compounded annual rate (CAGR) of 43% over three years and 13% over five years.
The company has about 81 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: JioMoney and Vibrant Media. As per MCA filings, the company has open charges of ₹51.5 Cr on record. The company has 8 deals on record (7 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹31 Lakh; the latest was in March 2018.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website jiomoney.com.
Company details
Contact details
Vibrant Advertising Pvt Ltd's registered office is in Ahmedabad, Gujarat. Its website is jiomoney.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Apps
- Registered Address701 Capstone Opp. Chirag Motors Surendra Mangaldas Road Ellisbridge, Ahmedabad, Gujarat, India – 380006
- IndustryMedia and Publishing, Advertising Agencies & Media Services
To see the full contact details of Vibrant Advertising Pvt Ltd, 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
Brands
Vibrant Advertising operates two associated brands: JioMoney and Vibrant Media. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Semi-closed prepaid payment instrument | jiomoney.com | |
| Advertising and digital marketing services are provided to clients. | vibrantmedia.com |
Business activity
The main business activity of Vibrant Advertising is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Vibrant Advertising Pvt Ltd, buy the company report.
Financials of Vibrant Advertising Pvt Ltd
FY 2025 filings availableVibrant Advertising Pvt Ltd reported revenue of ₹2,043.81 Cr (down 23% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 13% over five years, including a 23% fall in the latest year. EBITDA fell 35% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Revenue | ₹2,043.81 Cr | ||||
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| EBITDA | ₹36.58 Cr | ||||
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| Net Profit (PAT) | ₹27.21 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 1.8% | ||||
| Net Profit Margin | 1.3% | ||||
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To see the full financial statements and ratios of Vibrant Advertising Pvt Ltd, buy the company report.
Board of directors of Vibrant Advertising Pvt Ltd
Vibrant Advertising has 2 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Devesh Chandrakant Vasavada Also directs: Trinity Digimarketing and Services LLP, Observer (India) Private Limited, Nandanbala Commercials Private Limited and 4 more | Director | 06 Jan 2025 | 1 Years 10 Months | Current |
| Nikhil Bharadwaj Dave | Whole-Time Director | 10 Mar 2026 | 0 Years 7 Months | Current |
Auditor
Vibrant Advertising Pvt Ltd is audited by Pathak H. D. & Associates LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Pathak H. D. & Associates LLP | FY 2024 | 107783W/W100593 |
Shareholding
The shareholding of Vibrant Advertising Pvt Ltd is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Vibrant Advertising Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Jan 2026 | 101220976 | Hdfc Bank Limited | ₹21 Cr | Open | |
| 04 Mar 2025 | 101069091 | Hdfc Bank Limited | ₹2 Cr | Open | |
| 04 Mar 2025 | 101069115 | Hdfc Bank Limited | ₹18 Cr | Open | |
| 04 Mar 2025 | 101069204 | Hdfc Bank Limited | ₹10.5 Cr | Open |
Total charge records: 4 View all charges
Deals & funding
Vibrant Advertising Pvt Ltd has 8 deals on record (7 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹31 Lakh; the latest was in March 2018.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: Qwik Supply Chain Private Limited Seller: Reliance Petro Distribution Private Limited |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: Imaginationworks Production Company Private Limited , Reliance Hospital Management Services Private Limited , Gujarat Petcoke and Petroproducts Supply Private Limited Seller: Qwik Supply Chain Private Limited |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: Qwik Supply Chain Private Limited , Reliance Fire Brigade Services Private Limited , Reliance Petro Distribution Private Limited Seller: Ekansha Enterprise Private Limited , Ekansha Enterprise Private Limited & Satish Ramanlal Parikh |
| May 2012 | Secondary share transfer | Undisclosed | Buyer: Ekansha Enterprise Private Limited , Ekansha Enterprise Private Limited & Satish Ramanlal Parikh Seller: Proline Investments Pvt Ltd, Yashasvi Holdings Private Limited, Jigna Fiscal Services Pvt.Ltd. |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: Ekansha Enterprise Private Limited Seller: Bhumika Trading Private Limited |
To see the full deal history of Vibrant Advertising Pvt Ltd, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Vibrant Advertising Pvt Ltd 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 Vibrant Advertising Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Vibrant Advertising Pvt Ltd has a workforce of 81 employees on its EPFO records as of Dec 29, 2024, across 1 active EPFO establishment.
GST
Vibrant Advertising has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACV7737Q1ZI | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vibrant Advertising Pvt Ltd, buy the company report.
Recent activity
Vibrant Advertising Pvt Ltd has 12 board changes on record since 2009: 2 appointments and 10 cessations. The latest: Nikhil Bharadwaj Dave was appointed as Whole-Time Director on 10 Mar 2026.
7 earlier events are in the company report.
News
Frequently asked questions
Vibrant Advertising is an active private limited company based in Ahmedabad, Gujarat, India. The company works in advertising agencies and media services, within the media and publishing industry. It was incorporated on 16 May 1988 (38+ years old) and is registered under CIN U74300GJ1988PTC010703.
Vibrant Advertising has 2 current directors:
- Nikhil Bharadwaj Dave - Whole-Time Director
- Devesh Chandrakant Vasavada - Director
The latest financial statements of Vibrant Advertising on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Vibrant Advertising is 27AAACV7737Q1ZI, registered in Maharashtra. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Vibrant Advertising is U74300GJ1988PTC010703. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vibrant Advertising was incorporated on 16 May 1988, making it 38+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Vibrant Advertising has 8 deals on record (7 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹31 Lakh; the latest was in March 2018.
Nikhil Bharadwaj Dave was appointed as Whole-Time Director on 10 Mar 2026. Devesh Chandrakant Vasavada was appointed as Director on 06 Jan 2025. Gurudatta Shriram Deshmukh ceased to be Additional Director on 29 Sep 2023. Vibrant Advertising has 12 board changes on record in total.
Vibrant Advertising can be reached through the website jiomoney.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Vibrant Advertising is at 701 Capstone Opp. Chirag Motors Surendra Mangaldas Road Ellisbridge, Ahmedabad, Gujarat, India – 380006.
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