About Virtual Effects Private Limited
Data last updated:
Virtual Effects Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the advertising and media services segment of the media and publishing sector. It was incorporated on 20 March 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74300GJ2012PTC069509. Its GSTIN is 24AADCV9900C1ZL (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Pranay Kiritkumar Gohil and Shivani Pranay Gohil.
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 Vadodara, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.21 Cr, a decline of 18% compared to the previous year. For the same year it recorded a net profit of ₹22,742 (net margin 0.2%) and EBITDA of ₹60,048 (EBITDA margin 0.5%). Revenue has declined at a compounded annual rate (CAGR) of 40% over three years and 3% over five years.
The company is associated with 1 brand: Virtual Effects.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vepl.co.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressFf/524 73 East Avenue, Sarabhai Campus Wadivadi, Vadodara, Gujarat, India – 390023
- IndustryMedia and Publishing, Advertising Agencies & Media 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
Associated Brands with Virtual Effects Private Limited
Virtual Effects operates one associated brand: Virtual Effects. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Creative advertising and digital services in India. | vepl.co |
Business Activity of Virtual Effects Private Limited
The main business activity of Virtual Effects is professional, scientific and technical. In detail, this covers advertising and market research.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M6 | Advertising and market research | 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 Virtual Effects Private Limited FY 2025 filings available
Virtual Effects Private Limited reported revenue of ₹1.21 Cr (down 18% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Virtual Effects Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 18% fall in the latest year. EBITDA fell 71% 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 Virtual Effects Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹60,048 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹22,742 | •••• | •••• | •••• | •••• |
| 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 Virtual Effects Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.2% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| 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 Virtual Effects are in the company report.
Financial statements from 2015
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.
Board of Directors of Virtual Effects Private Limited
Virtual Effects has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pranay Kiritkumar Gohil | Director | 20 Mar 2012 | 14 Years 7 Months | Current |
| Shivani Pranay Gohil | Director | 20 Mar 2012 | 14 Years 7 Months | Current |
Peer Comparison of Virtual Effects Private Limited
Virtual Effects Private Limited is compared with the companies closest to it by revenue in the Media and Publishing industry (Advertising Agencies). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Maxim Advertising Private Limited | ₹1.21 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Mumbai, Maharashtra, India |
| Core2digital Internet Solutions Private Limited | ₹1.21 Cr (FY 2025) | •••• | •••• | 893.0% | •••• | Bangalore, Karnataka, India |
| Ihorizon Communications Private Limited | ₹1.21 Cr (FY 2024) | •••• | •••• | -9.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Eventkraft Marketing Solutions Private Limited | ₹1.21 Cr (FY 2025) | •••• | •••• | -14.0% | •••• | New Delhi, Delhi, India |
| Pink City Press Club Limited | ₹1.21 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | Jaipur, Rajasthan, India |
| Virtual Effects Private Limited this company | ₹1.21 Cr (FY 2024) | •••• | •••• | -18.0% | •••• | Vadodara, Gujarat, India |
| Clearpath Technology Private Limited | ₹1.2 Cr (FY 2025) | •••• | •••• | -43.0% | •••• | New Delhi, Delhi, India |
| Neemco Advertising and Entertainment Limited | ₹1.2 Cr (FY 2023) | •••• | •••• | 42.0% | •••• | Pune, Maharashtra, India |
| PVS Advertising Private Limited | ₹1.2 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Modinagar, Uttar Pradesh, India |
| Goosebumps Brand Solutions Private Limited | ₹1.2 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | New Delhi, Delhi, India |
| Innerworkings India Private Limited | ₹1.2 Cr (FY 2025) | •••• | •••• | -81.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Virtual Effects by revenue in the Media and Publishing industry (Advertising Agencies), 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 Virtual Effects Private Limited
Virtual Effects Private Limited is audited by MANDOWARA LADDHA & ASSOCIATES for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MANDOWARA LADDHA & ASSOCIATES | 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.
Ownership and Shareholding of Virtual Effects 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 Virtual Effects Private Limited
Virtual Effects Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Virtual Effects Private Limited
Virtual Effects Private Limited has a workforce of 0 employees as of Mar 20, 2024.
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.
Recent Activity on Virtual Effects Private Limited
Virtual Effects Private Limited has 2 board changes on record since 2012: 2 appointments. The latest: Pranay Kiritkumar Gohil was appointed as Director on 20 Mar 2012.
Credit Ratings, Litigation & Regulatory Alerts for Virtual Effects 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 Virtual Effects 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 Virtual Effects 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 Virtual Effects Private Limited
Virtual Effects has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCV9900C1ZL | Gujarat | Active | 01 Jul 2017 |
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 Virtual Effects 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 Virtual Effects Private Limited
Virtual Effects is an active private limited company based in Vadodara, Gujarat, India. The company works in advertising agencies and media services, within the media and publishing industry. It was incorporated on 20 March 2012 (14+ years old) and is registered under CIN U74300GJ2012PTC069509.
Virtual Effects reported revenue of ₹1.21 Cr for FY 2024 (down 18% YoY).
Virtual Effects has 2 current directors:
- Pranay Kiritkumar Gohil - Director
- Shivani Pranay Gohil - Director
Virtual Effects reported a net profit of ₹22,742 (net margin 0.2%) and EBITDA of ₹60,048 (EBITDA margin 0.5%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Virtual Effects is 40% over three years and -3% over five years. In the latest year (FY 2024) revenue fell 18%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Virtual Effects is 24AADCV9900C1ZL, registered in Gujarat.
The CIN (Corporate Identification Number) of Virtual Effects is U74300GJ2012PTC069509. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Virtual Effects was incorporated on 20 March 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Virtual Effects by revenue are Maxim Advertising Private Limited, Core2digital Internet Solutions Private Limited, Ihorizon Communications Private Limited, Eventkraft Marketing Solutions Private Limited, Pink City Press Club Limited and 5 more, all in the Media and Publishing industry (Advertising Agencies).
Pranay Kiritkumar Gohil was appointed as Director on 20 Mar 2012. Shivani Pranay Gohil was appointed as Director on 20 Mar 2012.
Virtual Effects can be reached through the website vepl.co. Its registered office is in Vadodara, Gujarat, India.