About Virmati Technologies Limited
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Virmati Technologies Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 18 December 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74999GJ2017PLC100193.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Mona Rajen Shah and Rajen Manilal Shah.
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 9 Garden View Nr. Rajpath Club Opp. Auda Garden Bodakdev, Ahmedabad, Gujarat, India – 380054.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.82 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net profit of ₹17.71 Lakh (net margin 6.3%) and EBITDA of ₹25.57 Lakh (EBITDA margin 9.1%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 4% over five years.
The company has about 20 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Virmati Group. As per MCA filings, the company has open charges of ₹32 Lakh and satisfied charges of ₹26.5 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 virmati.com.
Company details
Contact details
Virmati Technologies Limited's registered office is in Ahmedabad, Gujarat. Its website is virmati.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address9 Garden View Nr. Rajpath Club Opp. Auda Garden Bodakdev, Ahmedabad, Gujarat, India – 380054
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Virmati Technologies 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
Brands
Virmati Technologies operates one associated brand: Virmati Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Finance and accounting management services are provided to NGOs. | virmati.com |
Business activity
The main business activity of Virmati Technologies is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Virmati Technologies Limited, buy the company report.
Financials of Virmati Technologies Limited
FY 2025 filings availableVirmati Technologies Limited reported revenue of ₹2.82 Cr (down 15% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 15% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA fell 15% 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 |
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| EBITDA | ₹25.57 Lakh | ||||
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| Net Profit (PAT) | ₹17.71 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 9.1% | ||||
| Net Profit Margin | 6.3% | ||||
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To see the full financial statements and ratios of Virmati Technologies Limited, buy the company report.
Board of directors of Virmati Technologies Limited
Virmati Technologies has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mona Rajen Shah | Director | 18 Dec 2017 | 8 Years 10 Months | Current |
| Rajen Manilal Shah | Director | 18 Dec 2017 | 8 Years 10 Months | Current |
| Jaishal Rajen Shah | Director | 18 Dec 2017 | 8 Years 10 Months | Current |
| Ragesh Yogeshbhai Shah | Director | 18 Dec 2017 | 8 Years 10 Months | Current |
Peer comparison
Virmati Technologies Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Cathect Technologies Private Limited | ₹2.83 Cr (FY 2025) | 48.0% | Mumbai, Maharashtra, India | |||
| Dream Soft4u Private Limited | ₹2.83 Cr (FY 2024) | -28.0% | Jaipur, Rajasthan, India | |||
| Privy Infosystem Private Limited | ₹2.83 Cr (FY 2025) | 493.0% | New Delhi, Delhi, India | |||
| Embedded Software Development Systems Private Limited | ₹2.82 Cr (FY 2016) | 35.0% | Bangalore, Karnataka, India | |||
| KSJP Softech Resources Private Limited | ₹2.82 Cr (FY 2023) | 39.0% | Chennai, Tamil Nadu, India | |||
| Virmati Technologies Limitedthis company | ₹2.82 Cr (FY 2025) | ₹17.71 Lakh | 6.3% | -15.0% | 20 | Ahmedabad, Gujarat, India |
| Edinno Tech Labs Private Limited | ₹2.82 Cr (FY 2024) | 193.0% | Dadri, Uttar Pradesh, India | |||
| Techno Tech Solutions Private Limited | ₹2.82 Cr (FY 2025) | -8.0% | Virar, Maharashtra, India | |||
| Birdvision Consulting Private Limited | ₹2.82 Cr (FY 2024) | -7.0% | Pune, Maharashtra, India | |||
| Equality Healthcare Private Limited | ₹2.82 Cr (FY 2024) | 163.0% | Ahmedabad, Gujarat, India | |||
| Explurger Private Limited | ₹2.82 Cr (FY 2024) | 5037850.0% | Delhi, India |
To see the full peer comparison of Virmati Technologies Limited, buy the company report.
Auditor
Virmati Technologies Limited is audited by AMRISH J PATEL & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AMRISH J PATEL & CO | FY 2020 | 100358W |
Shareholding
The shareholding of Virmati Technologies Limited is on record for 2 financial years, the latest being FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2018 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Virmati Technologies Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 May 2025 | 101089481 | Hdfc Bank Limited | ₹32 Lakh | Open | |
| 23 Feb 2023 | 100680017 | Hdfc Bank Limited | ₹11 Lakh | Satisfied | |
| 20 Aug 2018 | 100202661 | Hdfc Bank Limited | ₹15.5 Lakh | Satisfied |
To see the full charge records of Virmati Technologies Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Virmati Technologies 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 Virmati Technologies Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Virmati Technologies Limited has a workforce of 20 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
No GST registration is on our record for Virmati Technologies Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Virmati Technologies Limited has 5 board changes on record since 2017: 4 appointments and 1 cessation. The latest: Jaishal Rajen Shah ceased to be Director on 31 Jul 2020.
1 earlier event is in the company report.
Frequently asked questions
Virmati Technologies is an active public limited company based in Ahmedabad, Gujarat, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 18 December 2017 (9+ years old) and is registered under CIN U74999GJ2017PLC100193.
Virmati Technologies has 4 current directors:
- Mona Rajen Shah - Director
- Rajen Manilal Shah - Director
- Jaishal Rajen Shah - Director
- Ragesh Yogeshbhai Shah - Director
The latest financial statements of Virmati 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 2018 are in the company report.
The CIN (Corporate Identification Number) of Virmati Technologies is U74999GJ2017PLC100193. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Virmati Technologies was incorporated on 18 December 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Virmati Technologies by revenue are Cathect Technologies Private Limited, Dream Soft4u Private Limited, Privy Infosystem Private Limited, Embedded Software Development Systems Private Limited, KSJP Softech Resources Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Jaishal Rajen Shah ceased to be Director on 31 Jul 2020. Jaishal Rajen Shah was appointed as Director on 18 Dec 2017. Mona Rajen Shah was appointed as Director on 18 Dec 2017. Virmati Technologies has 5 board changes on record in total.
Virmati Technologies can be reached through the website virmati.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Virmati Technologies is at 9 Garden View Nr. Rajpath Club Opp. Auda Garden Bodakdev, Ahmedabad, Gujarat, India – 380054.
Virmati Technologies operates in the information technology industry, in the application development and software solutions segment.
Virmati Technologies has open charges of ₹32 Lakh and satisfied charges of ₹26.5 Lakh as per latest MCA filings.
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