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Visves Advance Engineering Private Limited
Visves Advance Engineering Private Limited - engineering in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.61 Cr
▼ 61% YoY
Net loss · FY 2025
₹96.65 Lakh
Net margin -60.1%
EBITDA · FY 2025
-₹89.49 Lakh
EBITDA margin -55.6%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Satisfied charges
₹1.5 Cr
No open charges
Company age
3 yrs
Est. 2023
Directors on board
2
As per MCA filings
About Visves Advance Engineering Private Limited
Data last updated:
Visves Advance Engineering Private Limited is a private limited company based in Ahmedabad, Gujarat, India, recognised as a startup by DPIIT. It operates in the engineering design and consultancy segment of the engineering sector. It was incorporated on 11 January 2023.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29309GJ2023PTC138340. Its GSTIN is 24AAJCV2030K1ZF (Gujarat).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vikasbhai Maheshchandra Trivedi and Bhikhabhai Hargovandas Panchal.
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 114 Sumel Business Park, Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.61 Cr, a decline of 61% compared to the previous year. For the same year it recorded a net loss of ₹96.65 Lakh (net margin -60.1%) and EBITDA of -₹89.49 Lakh (EBITDA margin -55.6%).
As per MCA filings, the company has satisfied charges of ₹1.5 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U29309GJ2023PTC138340
Registration Number 138340
Incorporation Date 11 January 2023
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Visves Advance Engineering
Contact details
Visves Advance Engineering Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address39 – 40 G/F Block – G Tps – 14 113 – 114 Sumel Business Park – 6, Near Dudheshwar Circule Old Jupiter Mill Dudheshwar, Ahmedabad, Gujarat, India – 380004
- IndustryEngineering, Engineering Design & Consultancy
To see the full contact details of Visves Advance Engineering Private Limited, buy the company report.
Comprehensive company report
Visves Advance Engineering 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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Secure checkout · GST invoice included
Business activity
The main business activity of Visves Advance Engineering is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Visves Advance Engineering Private Limited, buy the company report.
Financials of Visves Advance Engineering Private Limited
FY 2025 filings availableVisves Advance Engineering Private Limited reported revenue of ₹1.61 Cr (down 61% YoY) for FY 2025.
Revenue · FY 2025
₹1.61 Cr ▼ 61%
Net loss · FY 2025
₹96.65 Lakh margin -60.1%
EBITDA · FY 2025
-₹89.49 Lakh margin -55.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 61%
EBITDA CAGR growth
1 year
▼ 342%
Revenue fell 61% in the latest year. EBITDA fell 342% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| 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 | -₹89.49 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹96.65 Lakh | ||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -55.6% | ||
| Net Profit Margin | -60.1% | ||
| 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 | |||
To see the full financial statements and ratios of Visves Advance Engineering Private Limited, buy the company report.
Board of directors of Visves Advance Engineering Private Limited
Visves Advance Engineering has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikasbhai Maheshchandra Trivedi | Director | 11 Jan 2023 | 3 Years 9 Months | Current |
| Bhikhabhai Hargovandas Panchal Also directs: Qpaix Infitech Private Limited | Director | 11 Jan 2023 | 3 Years 9 Months | Current |
Auditor
Visves Advance Engineering Private Limited is audited by DKN & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DKN & Associates | FY 2023 | 120386W |
Shareholding
The shareholding of Visves Advance Engineering Private Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Visves Advance Engineering Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹1.5 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Sep 2023 | 100789342 | Others | ₹1.5 Cr | Satisfied |
To see the full charge records of Visves Advance Engineering Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Visves Advance Engineering 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
No delayed payments to MSME suppliers are on our record for Visves Advance Engineering Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Visves Advance Engineering Private Limited has 1 active EPFO establishment as of Mar 22, 2024.
Active EPFO establishments
1
GST
Visves Advance Engineering has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAJCV2030K1ZF | Gujarat | Active | 31 Jan 2023 |
To see the full GST registrations and return filing status of Visves Advance Engineering Private Limited, buy the company report.
Recent activity
Visves Advance Engineering Private Limited has 4 board changes on record since 2023: 2 appointments and 2 cessations. The latest: Akashkumar Dineshbhai Bhatti ceased to be Director on 30 Jun 2025.
AGM
Visves Advance Engineering Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Akashkumar Dineshbhai Bhatti ceased to be Director.
Filing
Visves Advance Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge registered on 29 Sep 2023 via Charge ID 100789342 with Others was fully satisfied on 06 Apr 2024.
Ceased
Vijaysinh Aniruddhsinh Vala ceased to be Director.
Charges
A charge with Others amounted to Rs. 150.00 Lakh with Charge ID 100789342 was registered on 29 Sep 2023.
Appointed
Bhikhabhai Hargovandas Panchal was appointed as Director.
Appointed
Vikasbhai Maheshchandra Trivedi was appointed as Director.
Incorporation
11 Jan 2023
Visves Advance Engineering Private Limited was registered on 11 Jan 2023 with Roc Ahmedabad & aged 3 years 9 months as per MCA records.
Frequently asked questions
Visves Advance Engineering is an active private limited company based in Ahmedabad, Gujarat, India. The company works in engineering design and consultancy, within the engineering industry. It was incorporated on 11 January 2023 (3+ years old) and is registered under CIN U29309GJ2023PTC138340.
Visves Advance Engineering has 2 current directors:
- Vikasbhai Maheshchandra Trivedi - Director
- Bhikhabhai Hargovandas Panchal - Director
The latest financial statements of Visves Advance Engineering 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 2023 are in the company report.
The GSTIN of Visves Advance Engineering is 24AAJCV2030K1ZF, registered in Gujarat.
The CIN (Corporate Identification Number) of Visves Advance Engineering is U29309GJ2023PTC138340. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Visves Advance Engineering was incorporated on 11 January 2023, making it 3+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Akashkumar Dineshbhai Bhatti ceased to be Director on 30 Jun 2025. Vijaysinh Aniruddhsinh Vala ceased to be Director on 03 Oct 2023. Bhikhabhai Hargovandas Panchal was appointed as Director on 11 Jan 2023. Visves Advance Engineering has 4 board changes on record in total.
Yes, Visves Advance Engineering is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of Visves Advance Engineering is at 39 – 40 GF Block – G Tps – 14 113 – 114 Sumel Business Park – 6, Near Dudheshwar Circule Old Jupiter Mill Dudheshwar, Ahmedabad, Gujarat, India – 380004.
Visves Advance Engineering operates in the engineering industry, in the engineering design and consultancy segment.