Vivid IT Solutions Private Limited

Vivid IT Solutions Private Limited - information technology in Delhi, India. FY 2026 financials & compliance.
CIN U72900DL2010PTC198192 Incorporated 20 January 2010 ROC Delhi HQ Delhi, India
Under Liquidation Private Limited Company information technology
Data last updated
Revenue · FY 2018
₹4.39 Cr
▲ 10% YoY
Net loss · FY 2018
₹88.65 Lakh
Net margin -20.2%
EBITDA · FY 2018
-₹81.2 Lakh
EBITDA margin -18.5%
Authorised capital
₹65 Lakh
Registered with MCA
Paid-up capital
₹45 Lakh
Issued & subscribed
Open charges
₹2.4 Cr
Secured borrowings
Company age
16 yrs
Est. 2010
Directors on board
2
As per MCA filings

About Vivid IT Solutions Private Limited

Data last updated:

Vivid IT Solutions Private Limited is a private limited company based in Delhi, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the IT infrastructure management and services segment of the technology and IT services sector. It was incorporated on 20 January 2010.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72900DL2010PTC198192. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹65 Lakh and a paid-up capital of ₹45 Lakh. It is led by directors Ravi Jain and Lavita Jain.

Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Sfs Flats Bf 130 East Shalimar Bagh, Delhi, India – 110088.

As per the financials filed for FY 2018, the company reported a revenue of ₹4.39 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net loss of ₹88.65 Lakh (net margin -20.2%) and EBITDA of -₹81.2 Lakh (EBITDA margin -18.5%).

As per MCA filings, the company has open charges of ₹2.4 Cr on record. Court records list 32 cases involving the company, including 7 filed by the company and 24 filed against it; 1 case is pending.

The last known website on record is vividit.in.

Company Details of Vivid IT Solutions Private Limited
CIN U72900DL2010PTC198192
Registration Number 198192
Incorporation Date 20 January 2010
ROC Delhi
Listing Status Unlisted
Company Status Under Liquidation
Date of Last AGM 29 September 2018
Date of Balance Sheet 31 March 2018
Compliance Status Active Non-Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
  • Social Media
  • Registered Address
    Sfs Flats Bf 130 East Shalimar Bagh, Delhi, India – 110088
  • Industry
    Information Technology, IT Infrastructure Management & Services
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Financials, compliance, directors, charges, ownership and filings for Vivid IT Solutions Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Vivid IT Solutions Private Limited

The main business activity of Vivid IT Solutions is trade. In detail, this covers retail trading.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
GTradeG2Retail TradingLocked
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Financials of Vivid IT Solutions Private Limited FY 2018 filings available

Vivid IT Solutions Private Limited reported revenue of ₹4.39 Cr (up 10% YoY) for FY 2018.

Revenue · FY 2018
₹4.39 Cr ▲ 10%
Net loss · FY 2018
₹88.65 Lakh margin -20.2%
EBITDA · FY 2018
-₹81.2 Lakh margin -18.5%

Compounded Annual Growth Rate (CAGR) of Vivid IT Solutions Private Limited

Revenue CAGR growth
1 year
▲ 10%
EBITDA CAGR growth
1 year
▼ 269%
3 years · compounded
▼ 123%

Revenue rose 10% in the latest year. EBITDA fell 269% 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 Vivid IT Solutions Private Limited

MetricsFY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations••••••••••••••••
Other Income••••••••••••••••
Total Revenue₹4.39 Cr••••••••••••
Cost of Materials Consumed••••••••••••••••
Employee Benefit Expense••••••••••••••••
Finance Costs••••••••••••••••
Depreciation and Amortisation••••••••••••••••
Other Expenses••••••••••••••••
Total Expenses••••••••••••••••
EBITDA-₹81.2 Lakh••••••••••••
Profit Before Tax••••••••••••••••
Tax Expense••••••••••••••••
Net Profit (PAT)-₹88.65 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 of Vivid IT Solutions Private Limited

MetricsFY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin-18.5%••••••••••••
Net Profit Margin-20.2%••••••••••••
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 Vivid IT Solutions are in the company report.

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Financial statements from 2015

Earlier years and trend charts are in the company report.

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Board of Directors of Vivid IT Solutions Private Limited

Vivid IT Solutions has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Ravi JainDirector20 Jan 201016 Years 9 MonthsAs last reported
Lavita JainDirector20 Jan 201016 Years 9 MonthsAs last reported

Peer Comparison of Vivid IT Solutions Private Limited

Vivid IT Solutions Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Infrastructure Management). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Ipgst India Private Limited₹4.47 Cr (FY 2024)••••••••28.0%••••Delhi, India
Professional Tech Solutions Private Limited₹4.47 Cr (FY 2024)••••••••32.0%••••Kolhapur, Maharashtra, India
Avi Electronics and Networks Private Limited₹4.43 Cr (FY 2025)••••••••-75.0%••••Pune, Maharashtra, India
Zeno Ventures Private Limited₹4.42 Cr (FY 2022)••••••••19.0%••••Noida, Uttar Pradesh, India
Jointech Infra Private Limited₹4.42 Cr (FY 2025)••••••••-6.0%••••Indore, Madhya Pradesh, India
Vivid IT Solutions Private Limited this company₹4.39 Cr (FY 2018)••••••••10.0%••••Delhi, India
Aps Telco and Network IT Solutions Private Limited₹4.32 Cr (FY 2025)••••••••5.0%••••New Delhi, Delhi, India
TNPL IT Services Private Limited₹4.3 Cr (FY 2025)••••••••-73.0%••••Lucknow, Uttar Pradesh, India
Netlabs Global IT Services Private Limited₹4.29 Cr (FY 2025)••••••••-14.0%••••Bangalore, Karnataka, India
Next Level Networks and IT Solutions Private Limited₹4.24 Cr (FY 2024)••••••••-7.0%••••Mumbai, Maharashtra, India
Gpengineering Solutions Private Limited₹4.22 Cr (FY 2025)••••••••275.0%••••Hyderabad, Telangana, India

Peers are the five companies nearest above and the five nearest below Vivid IT Solutions by revenue in the Information Technology industry (Infrastructure Management), 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 Vivid IT Solutions Private Limited

Vivid IT Solutions Private Limited is audited by AHUJA ARORA & ASSOCIATES for the financial year 2018.

NameStatusAppointment DateCessation Date
AHUJA ARORA & ASSOCIATESLockedLockedLocked
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Ownership and Shareholding of Vivid IT Solutions Private Limited

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Charges & Borrowings of Vivid IT Solutions Private Limited

Open charges
₹2.4 Cr
Satisfied charges
None
Breakdown by lending institutions
Indian Overseas Bank₹2.40 Cr
Latest charge details
DateLenderAmountStatus
28 Dec 2012Indian Overseas Bank₹2.4 CrOpen

Total charge records: 1 View all charges

Employees and EPFO Compliance at Vivid IT Solutions Private Limited

Employment history and EPFO contributions of people linked to Vivid IT Solutions.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Vivid IT Solutions Private Limited

Vivid IT Solutions Private Limited has 3 board changes on record since 2010: 2 appointments and 1 cessation. The latest: Anjali Gaur Vashisht ceased to be Director on 29 Mar 2017.

AGM
Vivid It Solutions Private Limited last Annual general meeting of members was held on 29 Sep 2018 as per latest MCA records.
Filing
Vivid It Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Delhi.
Ceased
Anjali Gaur Vashisht ceased to be Director.
Charges
A charge with Indian Overseas Bank of Rs. 240.00 Lakh registered on 28 Dec 2012 with Charge ID 10396625 was modified on 23 Oct 2013.
Charges
A charge with Indian Overseas Bank amounted to Rs. 240.00 Lakh with Charge ID 10396625 was registered on 28 Dec 2012.
Appointed
Lavita Jain was appointed as Director.
Appointed
Ravi Jain was appointed as Director.
Incorporation
20 Jan 2010
Vivid It Solutions Private Limited was registered on 20 Jan 2010 with Roc Delhi & aged 16 years 9 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Vivid IT Solutions Private Limited

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MSME Payment Delays by Vivid IT Solutions Private Limited

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Subsidiaries & Group Companies of Vivid IT Solutions Private Limited

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GST Compliance of Vivid IT Solutions Private Limited

Vivid IT Solutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1
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MCA Filings & Documents of Vivid IT Solutions Private Limited

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Frequently Asked Questions about Vivid IT Solutions Private Limited

Vivid IT Solutions is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.

Vivid IT Solutions is a company under liquidation, formerly operating as a private limited company based in Delhi, India. The company works in IT infrastructure management and services, within the information technology industry. It was incorporated on 20 January 2010 and is registered under CIN U72900DL2010PTC198192. Caution is advised - the company may not have the legal capacity to fulfil new agreements.

Vivid IT Solutions reported revenue of ₹4.39 Cr for FY 2018 (up 10% YoY).

Vivid IT Solutions has 2 current directors:

Vivid IT Solutions reported a net loss of ₹88.65 Lakh (net margin -20.2%) and EBITDA of -₹81.2 Lakh (EBITDA margin -18.5%) for FY 2018, as per its filed financial statements.

The CIN (Corporate Identification Number) of Vivid IT Solutions is U72900DL2010PTC198192. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Vivid IT Solutions has open charges of ₹2.4 Cr and no satisfied charges on record as per latest MCA filings.

Vivid IT Solutions has 32 court cases on record: 7 filed by the company and 24 filed against it. 1 is pending. Most are in the district courts.

Vivid IT Solutions was incorporated on 20 January 2010. It is registered with the Registrar of Companies, Delhi.

The peers of Vivid IT Solutions by revenue are Ipgst India Private Limited, Professional Tech Solutions Private Limited, Avi Electronics and Networks Private Limited, Zeno Ventures Private Limited, Jointech Infra Private Limited and 5 more, all in the Information Technology industry (Infrastructure Management).

Anjali Gaur Vashisht ceased to be Director on 29 Mar 2017. Lavita Jain was appointed as Director on 20 Jan 2010. Ravi Jain was appointed as Director on 20 Jan 2010.

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