MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-01-0253802
Viega India Innovative Technologies Private Limited - metals and minerals in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹145.7 Cr
▼ 2% YoY
Net profit · FY 2025
₹1.75 Cr
Net margin 1.2%
EBITDA · FY 2025
₹5.39 Cr
EBITDA margin 3.7%
Authorised capital
₹1.01 Cr
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Employees · EPFO
39
Provident fund records
Directors on board
4
As per MCA filings
About Viega India Innovative Technologies Private Limited
Data last updated:
Viega India Innovative Technologies Private Limited is a private limited company based in Ahmedabad, Gujarat, India, a subsidiary of Viega India Private Limited. It operates in the construction materials distribution segment of the metals and mining sector. It was incorporated on 17 December 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51100GJ2018PTC105650. Its GSTIN is 24AAGCV7218J1Z4 (Gujarat).
The company has an authorised share capital of ₹1.01 Cr and a paid-up capital of ₹1 Lakh. It is led by directors including Pragnesh Ramsinh Desai (Managing Director) and Shriyans Jain.
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 E – 565 GIDC Phase 2 Village – Rasoolpura Sanand, Ahmedabad, Gujarat, India – 382110.
As per the financials filed for FY 2025, the company reported a revenue of ₹145.7 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹1.75 Cr (net margin 1.2%) and EBITDA of ₹5.39 Cr (EBITDA margin 3.7%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 30% over five years.
The company has about 39 employees on its provident fund (EPFO) records.
Viega India Innovative Technologies Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0253802). For more details, the company can be reached via its website viega.in.
Company details
CIN U51100GJ2018PTC105650
Registration Number 105650
Incorporation Date 17 December 2018
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Viega India Private Limited
MSME Classification Medium
Udyam Registration UDYAM-GJ-01-0253802
Key People
Pragnesh Ramsinh Desai Managing Director Shriyans Jain Director Chedayath Prabakan Vinod Director Recognitions & Rankings of Viega India Innovative Technologies
Contact details
Viega India Innovative Technologies Private Limited's registered office is in Ahmedabad, Gujarat. Its website is viega.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressE – 565 GIDC Phase 2 Village – Rasoolpura Sanand, Ahmedabad, Gujarat, India – 382110
- IndustryMetals and Minerals, Construction Materials Retail & Distribution
To see the full contact details of Viega India Innovative Technologies Private Limited, buy the company report.
Comprehensive company report
Viega India Innovative Technologies 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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Business activity
The main business activity of Viega India Innovative Technologies is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Viega India Innovative Technologies Private Limited, buy the company report.
Financials of Viega India Innovative Technologies Private Limited
FY 2025 filings availableViega India Innovative Technologies Private Limited reported revenue of ₹145.7 Cr (down 2% YoY) for FY 2025.
Revenue · FY 2025
₹145.7 Cr ▼ 2%
Net profit · FY 2025
₹1.75 Cr margin 1.2%
EBITDA · FY 2025
₹5.39 Cr margin 3.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 2%
3 years · compounded
▲ 14%
5 years · compounded
▲ 30%
EBITDA CAGR growth
1 year
▲ 41%
3 years · compounded
▲ 16%
5 years · compounded
▲ 56%
Revenue fell 2% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 30%. EBITDA rose 41% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹5.39 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.75 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.7% | ||||
| Net Profit Margin | 1.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Viega India Innovative Technologies Private Limited, buy the company report.
Board of directors of Viega India Innovative Technologies Private Limited
Viega India Innovative Technologies has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shriyans Jain Also directs: Aksara Wellness Foods LLP | Director | 17 Dec 2018 | 7 Years 10 Months | Current |
| Chedayath Prabakan Vinod Also directs: Viega India Private Limited | Director | 15 Oct 2019 | 7 Years 0 Months | Current |
| Pragnesh Ramsinh Desai Also directs: Viega India Private Limited | Managing Director | 13 Mar 2025 | 1 Years 7 Months | Current |
| Sebastian Schmitt | Additional Director | 31 Jan 2025 | 1 Years 9 Months | Current |
Auditor
Viega India Innovative Technologies Private Limited is audited by MSKA & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MSKA & Associates | FY 2023 | 105047W |
Shareholding
The shareholding of Viega India Innovative Technologies 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 Viega India Innovative Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Viega India Innovative Technologies 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
Viega India Innovative Technologies Private Limited has 8 MSME Form 1 returns on record between 2021 and 2023, listing 126 overdue payments to 27 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 27)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Indian Plumbing Association | |||
| Path Infotech Limited | |||
| an individual supplier | |||
| Golden Chariot Travel Solutions Private Limited |
To see the full MSME payment records of Viega India Innovative Technologies Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Viega India Innovative Technologies Private Limited has a workforce of 39 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
39
Active EPFO establishments
1
Employee growth
-20.4%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 39 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 |
To see the full employee and EPFO history of Viega India Innovative Technologies Private Limited, buy the company report.
GST
Viega India Innovative Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCV7218J1Z4 | Gujarat | Active | 09 Aug 2019 |
To see the full GST registrations and return filing status of Viega India Innovative Technologies Private Limited, buy the company report.
Recent activity
Viega India Innovative Technologies Private Limited has 10 board changes on record since 2018: 4 appointments and 6 cessations. The latest: Sebastian Schmitt ceased to be Additional Director on 01 Oct 2025.
Ceased
Sebastian Schmitt ceased to be Additional Director.
AGM
Viega India Innovative Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Viega India Innovative Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Pragnesh Ramsinh Desai ceased to be Additional Director.
Appointed
Pragnesh Ramsinh Desai was appointed as Managing Director.
Ceased
Shriyans Jain ceased to be Director.
Appointed
Sebastian Schmitt was appointed as Additional Director.
Ceased
Chedayath Prabakan Vinod ceased to be Director.
Ceased
Sandra Bell ceased to be Additional Director.
Ceased
Manoj Kumar Satyendra Maithani ceased to be Director.
Appointed
Chedayath Prabakan Vinod was appointed as Director.
Appointed
Shriyans Jain was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
Viega India Innovative Technologies is an active private limited company based in Ahmedabad, Gujarat, India. The company works in construction materials retail and distribution, within the metals and minerals industry. It was incorporated on 17 December 2018 (8+ years old) and is registered under CIN U51100GJ2018PTC105650.
Viega India Innovative Technologies has 4 current directors:
- Pragnesh Ramsinh Desai - Managing Director
- Shriyans Jain - Director
- Chedayath Prabakan Vinod - Director
- Sebastian Schmitt - Additional Director
The latest financial statements of Viega India Innovative Technologies 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 FY 2019 are in the company report.
The GSTIN of Viega India Innovative Technologies is 24AAGCV7218J1Z4, registered in Gujarat.
The CIN (Corporate Identification Number) of Viega India Innovative Technologies is U51100GJ2018PTC105650. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Viega India Innovative Technologies was incorporated on 17 December 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Sebastian Schmitt ceased to be Additional Director on 01 Oct 2025. Pragnesh Ramsinh Desai ceased to be Additional Director on 18 Mar 2025. Pragnesh Ramsinh Desai was appointed as Managing Director on 13 Mar 2025. Viega India Innovative Technologies has 10 board changes on record in total.
Yes, Viega India Innovative Technologies is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-01-0253802).
Viega India Innovative Technologies has 8 MSME Form 1 returns on record between 2021 and 2023, listing 126 overdue payments to 27 micro and small suppliers. The latest return was filed on 17 Nov 2023.
Viega India Innovative Technologies can be reached through the website viega.in. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Viega India Innovative Technologies is at E – 565 GIDC Phase 2 Village – Rasoolpura Sanand, Ahmedabad, Gujarat, India – 382110.
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