Vividspike IT Solutions Private Limited
About Vividspike IT Solutions Private Limited
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Vividspike IT Solutions Private Limited is a private limited company based in Belgaum, Karnataka, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 18 November 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2020PTC141142. Its GSTIN is 29AAHCV7378J1ZG (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Vinod Ramachandra Patil and Sawant Laxman Prema.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 196/2 Patil Galli Yellur, Belgaum, Karnataka, India – 590005.
As per the financials filed for FY 2024, the company reported a revenue of ₹69.78 Lakh, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹11.23 Lakh (net margin 16.1%) and EBITDA of ₹11.23 Lakh (EBITDA margin 16.1%). Revenue has grown at a compounded annual rate (CAGR) of 40% over three years.
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- Registered Address196/2 Patil Galli Yellur, Belgaum, Karnataka, India – 590005
- IndustryInformation Technology, Other Computer Related Activities
- 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
Business Activity of Vividspike IT Solutions Private Limited
The main business activity of Vividspike IT Solutions is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | 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 Vividspike IT Solutions Private Limited FY 2024 filings available
Vividspike IT Solutions Private Limited reported revenue of ₹69.78 Lakh (up 9% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Vividspike IT Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 40% over three years, including 9% growth in the latest year. EBITDA rose 8% 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 Vividspike IT Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| 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 | ₹11.23 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹11.23 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 Vividspike IT Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 16.1% | •••• | •••• | •••• |
| Net Profit Margin | 16.1% | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• |
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 Vividspike IT Solutions are in the company report.
Financial statements from FY 2021
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 Vividspike IT Solutions Private Limited
Vividspike IT Solutions has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinod Ramachandra Patil | Director | 18 Nov 2020 | 5 Years 11 Months | Current |
| Sawant Laxman Prema | Director | 18 Nov 2020 | 5 Years 11 Months | Current |
| Shivaji Ramachandra Patil | Director | 18 Nov 2020 | 5 Years 11 Months | Current |
Peer Comparison of Vividspike IT Solutions Private Limited
Vividspike IT Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other professional, scientific and technical activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| 4P Advisory Services Private Limited | ₹69.85 Lakh (FY 2025) | •••• | •••• | 16.0% | •••• | Navi Mumbai, Maharashtra, India |
| Alicesoft Private Limited | ₹69.83 Lakh (FY 2024) | •••• | •••• | 38.0% | •••• | New Delhi, Delhi, India |
| Gva Corp Advisory Solutionz Private Limited | ₹69.83 Lakh (FY 2025) | •••• | •••• | 23.0% | •••• | Coimbatore, Tamil Nadu, India |
| Way to Blooming Technology Private Limited | ₹69.81 Lakh (FY 2025) | •••• | •••• | •••• | Delhi, India | |
| Final Touch Event Management Private Limited | ₹69.78 Lakh (FY 2025) | •••• | •••• | 8129.0% | •••• | Ahmedabad, Gujarat, India |
| Vividspike IT Solutions Private Limited this company | ₹69.78 Lakh (FY 2024) | •••• | •••• | 9.0% | •••• | Belgaum, Karnataka, India |
| Digixion IT Private Limited | ₹69.78 Lakh (FY 2025) | •••• | •••• | •••• | Vasai, Maharashtra, India | |
| Royalcare Solutions Private Limited | ₹69.74 Lakh (FY 2025) | •••• | •••• | 57.0% | •••• | Jammu, Jammu and Kashmir, India |
| Equinox Finserve Private Limited | ₹69.73 Lakh (FY 2025) | •••• | •••• | 58.0% | •••• | Surat, Gujarat, India |
| Diginox Software Private Limited | ₹69.71 Lakh (FY 2024) | •••• | •••• | 180.0% | •••• | Chennai, Tamil Nadu, India |
| Innovative Brain Educare Private Limited | ₹69.67 Lakh (FY 2024) | •••• | •••• | -21.0% | •••• | Gurgaon, Haryana, India |
Peers are the five companies nearest above and the five nearest below Vividspike IT Solutions by revenue in the same principal business activity (Other professional, scientific and technical activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Ownership and Shareholding of Vividspike IT Solutions 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 Vividspike IT Solutions Private Limited
Vividspike IT Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Vividspike IT Solutions Private Limited
Vividspike IT Solutions Private Limited has a workforce of 0 employees as of Apr 09, 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 Vividspike IT Solutions Private Limited
Vividspike IT Solutions Private Limited has 3 board changes on record since 2020: 3 appointments. The latest: Sawant Laxman Prema was appointed as Director on 18 Nov 2020.
Credit Ratings, Litigation & Regulatory Alerts for Vividspike IT Solutions 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 Vividspike IT Solutions 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 Vividspike IT Solutions 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 Vividspike IT Solutions Private Limited
Vividspike IT Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCV7378J1ZG | Karnataka | Active | 28 Nov 2020 |
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 Vividspike IT Solutions 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 Vividspike IT Solutions Private Limited
Vividspike IT Solutions is an active private limited company based in Belgaum, Karnataka, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 18 November 2020 (6+ years old) and is registered under CIN U72900KA2020PTC141142.
Vividspike IT Solutions reported revenue of ₹69.78 Lakh for FY 2024 (up 9% YoY).
Vividspike IT Solutions has 3 current directors:
- Vinod Ramachandra Patil - Director
- Sawant Laxman Prema - Director
- Shivaji Ramachandra Patil - Director
Vividspike IT Solutions reported a net profit of ₹11.23 Lakh (net margin 16.1%) and EBITDA of ₹11.23 Lakh (EBITDA margin 16.1%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Vividspike IT Solutions is 40% over three years. In the latest year (FY 2024) revenue rose 9%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Vividspike IT Solutions is 29AAHCV7378J1ZG, registered in Karnataka.
The CIN (Corporate Identification Number) of Vividspike IT Solutions is U72900KA2020PTC141142. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vividspike IT Solutions was incorporated on 18 November 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Vividspike IT Solutions by revenue are 4P Advisory Services Private Limited, Alicesoft Private Limited, Gva Corp Advisory Solutionz Private Limited, Way to Blooming Technology Private Limited, Final Touch Event Management Private Limited and 5 more, all in the same principal business activity (Other professional, scientific and technical activities).
Sawant Laxman Prema was appointed as Director on 18 Nov 2020. Shivaji Ramachandra Patil was appointed as Director on 18 Nov 2020. Vinod Ramachandra Patil was appointed as Director on 18 Nov 2020.
The registered office of Vividspike IT Solutions is at 1962 Patil Galli Yellur, Belgaum, Karnataka, India – 590005.