Vnnovate Solutions Private Limited

Vnnovate Solutions Private Limited - information technology in Mehsana, Gujarat, India. FY 2026 financials & compliance.
CIN U72300GJ2015PTC083107 Incorporated 05 May 2015 ROC Ahmedabad HQ Mehsana, Gujarat, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2024
₹4.63 Cr
▲ 34% YoY
Net profit · FY 2024
₹14.06 Lakh
Net margin 3%
EBITDA · FY 2024
₹24.64 Lakh
EBITDA margin 5.3%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
11 yrs
Est. 2015
Employees · EPFO
8
Provident fund records
Directors on board
2
As per MCA filings

About Vnnovate Solutions Private Limited

Data last updated:

Vnnovate Solutions Private Limited is a private limited company based in Mehsana, Gujarat, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 05 May 2015 and has been in existence for over 11 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72300GJ2015PTC083107. Its GSTIN is 24AAFCV0983R1ZN (Gujarat).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Snehal Prakashbhai Chauhan and Jiten Tulsibhai Engineer.

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 2nd Floor Royal House Radhanpur Road, Mehsana, Gujarat, India – 384002.

As per the financials filed for FY 2024, the company reported a revenue of ₹4.63 Cr, a growth of 34% compared to the previous year. For the same year it recorded a net profit of ₹14.06 Lakh (net margin 3%) and EBITDA of ₹24.64 Lakh (EBITDA margin 5.3%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years and 47% over five years.

The company has about 8 employees on its provident fund (EPFO) records.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vnnovate.com.

Company details

CIN U72300GJ2015PTC083107
Registration Number 083107
Incorporation Date 05 May 2015
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

Contact details

Vnnovate Solutions Private Limited's registered office is in Mehsana, Gujarat. Its website is vnnovate.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    2nd Floor Royal House Radhanpur Road, Mehsana, Gujarat, India – 384002
  • Industry
    Information Technology, Application Development & Software Solutions

To see the full contact details of Vnnovate Solutions Private Limited, buy the company report.

Comprehensive company report
Vnnovate Solutions 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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Business activity

The main business activity of Vnnovate Solutions is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM9Other professional, scientific and technical activities

To see the full business activity and turnover split of Vnnovate Solutions Private Limited, buy the company report.

Financials of Vnnovate Solutions Private Limited

FY 2025 filings available

Vnnovate Solutions Private Limited reported revenue of ₹4.63 Cr (up 34% YoY) for FY 2024.

Revenue · FY 2024
₹4.63 Cr ▲ 34%
Net profit · FY 2024
₹14.06 Lakh margin 3%
EBITDA · FY 2024
₹24.64 Lakh margin 5.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 34%
3 years · compounded
▲ 33%
5 years · compounded
▲ 47%
EBITDA CAGR growth
1 year
▲ 30%
3 years · compounded
▲ 35%
5 years · compounded
▲ 55%

Revenue has grown at a compounded annual rate (CAGR) of 47% over five years, including 34% growth in the latest year. EBITDA rose 30% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹24.64 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹14.06 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin5.3%
Net Profit Margin3%
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 Vnnovate Solutions Private Limited, buy the company report.

Board of directors of Vnnovate Solutions Private Limited

Vnnovate Solutions has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Snehal Prakashbhai ChauhanDirector05 May 201511 Years 5 MonthsCurrent
Jiten Tulsibhai EngineerDirector05 May 201511 Years 5 MonthsCurrent

Peer comparison

Vnnovate Solutions Private Limited is compared with the 6 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Mind & Matter Marketing Solutions Private Limited₹4.64 Cr (FY 2024)47.0%Kolkata, West Bengal, India
Innsaei Business Services Private Limited₹4.63 Cr (FY 2025)52.0%Lucknow, Uttar Pradesh, India
Sight and Sound India Private Limited₹4.63 Cr (FY 2025)-47.0%New Delhi, Delhi, India
Vnnovate Solutions Private Limitedthis company₹4.63 Cr (FY 2024)₹14.06 Lakh3%34.0%Mehsana, Gujarat, India
Murthy Immigration Services Private Limited₹4.63 Cr (FY 2024)3.0%Chennai, Tamil Nadu, India
Castor Engineering Private Limited₹4.63 Cr (FY 2025)-6.0%Bengaluru, Karnataka, India
Ep&M India Private Limited₹4.62 Cr (FY 2025)3.0%New Delhi, Delhi, India

To see the full peer comparison of Vnnovate Solutions Private Limited, buy the company report.

Auditor

Vnnovate Solutions Private Limited is audited by JIGAR SHAH & ASSOCIATES for the financial year 2020.

Auditor firmFinancial yearFirm registration number
JIGAR SHAH & ASSOCIATESFY 2020128263W

Shareholding

The shareholding of Vnnovate Solutions Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2020FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Vnnovate Solutions Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Vnnovate Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Vnnovate Solutions has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAFCV0983R1ZNGujaratActive29 Sep 2017

To see the full GST registrations and return filing status of Vnnovate Solutions Private Limited, buy the company report.

Recent activity

Vnnovate Solutions Private Limited has 2 board changes on record since 2015: 2 appointments. The latest: Jiten Tulsibhai Engineer was appointed as Director on 05 May 2015.

AGM
Vnnovate Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Vnnovate Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Jiten Tulsibhai Engineer was appointed as Director.
Appointed
Snehal Prakashbhai Chauhan was appointed as Director.
Incorporation
05 May 2015
Vnnovate Solutions Private Limited was registered on 05 May 2015 with Roc Ahmedabad & aged 11 years 5 months as per MCA records.

Frequently asked questions

Vnnovate Solutions is an active private limited company based in Mehsana, Gujarat, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 05 May 2015 (11+ years old) and is registered under CIN U72300GJ2015PTC083107.

Vnnovate Solutions has 2 current directors:

The latest financial statements of Vnnovate Solutions 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 2016 are in the company report.

The GSTIN of Vnnovate Solutions is 24AAFCV0983R1ZN, registered in Gujarat.

The CIN (Corporate Identification Number) of Vnnovate Solutions is U72300GJ2015PTC083107. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Vnnovate Solutions was incorporated on 05 May 2015, making it 11+ years old. It is registered with the Registrar of Companies, Ahmedabad.

The peers of Vnnovate Solutions by revenue are Mind & Matter Marketing Solutions Private Limited, Innsaei Business Services Private Limited, Sight and Sound India Private Limited, Murthy Immigration Services Private Limited, Castor Engineering Private Limited and 1 more, all in the same principal business activity (other professional, scientific and technical activities).

Jiten Tulsibhai Engineer was appointed as Director on 05 May 2015. Snehal Prakashbhai Chauhan was appointed as Director on 05 May 2015.

Vnnovate Solutions can be reached through the website vnnovate.com. Its registered office is in Mehsana, Gujarat, India.

The registered office of Vnnovate Solutions is at 2nd Floor Royal House Radhanpur Road, Mehsana, Gujarat, India – 384002.

Vnnovate Solutions operates in the information technology industry, in the application development and software solutions segment.