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Volvere IT Services Private Limited
Volvere IT Services Private Limited - information technology in Vadodara, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.2 Lakh
▼ 96% YoY
Net loss · FY 2025
₹7.55 Lakh
Latest filing
EBITDA · FY 2025
-₹6.85 Lakh
Latest filing
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹11 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Volvere IT Services Private Limited
Data last updated:
Volvere IT Services Private Limited is a private limited company based in Vadodara, Gujarat, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 09 August 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72200GJ2018PTC103583. Its GSTIN is 24AAGCV5346M1ZX (Gujarat).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹11 Lakh. It is led by directors Ashiyanabanu Mohammad Munauwar Ansari and Jaydip Malsinh Chavda.
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 H/16 Kalindi Appartment Near Pashabhai Society Gotri Road, Vadodara, Gujarat, India – 390007.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.2 Lakh, a decline of 96% compared to the previous year. For the same year it recorded a net loss of ₹7.55 Lakh and EBITDA of -₹6.85 Lakh. Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 9% over five years.
The company is associated with 1 brand: Volvere.
Company details
CIN U72200GJ2018PTC103583
Registration Number 103583
Incorporation Date 09 August 2018
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
DPIIT Recognition Recognised Startup
Key People
Ashiyanabanu Mohammad Munauwar Ansari Additional Director Jaydip Malsinh Chavda Additional Director Recognitions & Rankings of Volvere IT Services
Contact details
Volvere IT Services Private Limited's registered office is in Vadodara, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressH/16 Kalindi Appartment Near Pashabhai Society Gotri Road, Vadodara, Gujarat, India – 390007
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Volvere IT Services Private Limited, buy the company report.
Comprehensive company report
Volvere IT Services 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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Brands
Volvere IT Services operates one associated brand: Volvere. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Functions as a reseller of mini supercomputers and IT products. | volvere.in |
Business activity
The main business activity of Volvere IT Services is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Volvere IT Services Private Limited, buy the company report.
Financials of Volvere IT Services Private Limited
FY 2025 filings availableVolvere IT Services Private Limited reported revenue of ₹1.2 Lakh (down 96% YoY) for FY 2025.
Revenue · FY 2025
₹1.2 Lakh ▼ 96%
Net loss · FY 2025
₹7.55 Lakh
EBITDA · FY 2025
-₹6.85 Lakh
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 96%
3 years · compounded
▲ 4%
5 years · compounded
▲ 9%
EBITDA CAGR growth
1 year
▼ 196%
3 years · compounded
▼ 20%
5 years · compounded
▼ 85%
Revenue fell 96% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 9%. EBITDA fell 196% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | -₹6.85 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹7.55 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | |||||
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| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
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To see the full financial statements and ratios of Volvere IT Services Private Limited, buy the company report.
Board of directors of Volvere IT Services Private Limited
Volvere IT Services has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashiyanabanu Mohammad Munauwar Ansari | Additional Director | 31 Jan 2026 | 0 Years 9 Months | Current |
| Jaydip Malsinh Chavda | Additional Director | 31 Jan 2026 | 0 Years 9 Months | Current |
Peer comparison
Volvere IT Services Private Limited is compared with the 8 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Digi18 Media Agency Private Limited | ₹1.2 Lakh (FY 2024) | -75.0% | Dadri, Uttar Pradesh, India | |||
| Sarls Softech Private Limited | ₹1.2 Lakh (FY 2023) | 16.0% | Agra, Uttar Pradesh, India | |||
| Kretacx Software Private Limited | ₹1.2 Lakh (FY 2025) | 49.0% | Hyderabad, Telangana, India | |||
| Project Stikcon Private Limited | ₹1.2 Lakh (FY 2024) | 1664.0% | Kakkanad, Kerala, India | |||
| Volvere IT Services Private Limitedthis company | ₹1.2 Lakh (FY 2025) | -₹7.55 Lakh | -96.0% | Vadodara, Gujarat, India | ||
| Non-Linear Technology Solutions (OPC) Private Limited | ₹1.19 Lakh (FY 2022) | -74.0% | Chennai, Tamil Nadu, India | |||
| Cascademic Solutions Private Limited | ₹1.19 Lakh (FY 2024) | 243.0% | Bengaluru, Karnataka, India | |||
| Redan Technologies Private Limited | ₹1.19 Lakh (FY 2024) | -65.0% | New Delhi, Delhi, India | |||
| Revive Web Technologies Private Limited | ₹1.19 Lakh (FY 2021) | -41.0% | Bhopal, Madhya Pradesh, India |
To see the full peer comparison of Volvere IT Services Private Limited, buy the company report.
Auditor
Volvere IT Services Private Limited is audited by CA KESHA JAIN for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CA KESHA JAIN | FY 2023 | 141387 |
Shareholding
The shareholding of Volvere IT Services Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Volvere IT Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Volvere IT Services 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 Volvere IT Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Volvere IT Services has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCV5346M1ZX | Gujarat | Active | 13 Jul 2023 |
To see the full GST registrations and return filing status of Volvere IT Services Private Limited, buy the company report.
Recent activity
Volvere IT Services Private Limited has 5 board changes on record since 2018: 5 appointments. The latest: Ashiyanabanu Mohammad Munauwar Ansari was appointed as Additional Director on 31 Jan 2026.
Appointed
Ashiyanabanu Mohammad Munauwar Ansari was appointed as Additional Director.
Appointed
Jaydip Malsinh Chavda was appointed as Additional Director.
AGM
Volvere It Services Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Volvere It Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Abhi Jayeshbhai Savadiyawala was appointed as Director.
Appointed
Ankit Nikirkumar Shah was appointed as Director.
Appointed
Gopikaben Nikirbhai Shah was appointed as Director.
Incorporation
09 Aug 2018
Volvere It Services Private Limited was registered on 09 Aug 2018 with Roc Ahmedabad & aged 8 years 3 months as per MCA records.
Frequently asked questions
Volvere IT Services is an active private limited company based in Vadodara, Gujarat, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 09 August 2018 (8+ years old) and is registered under CIN U72200GJ2018PTC103583.
Volvere IT Services has 2 current directors:
- Ashiyanabanu Mohammad Munauwar Ansari - Additional Director
- Jaydip Malsinh Chavda - Additional Director
The latest financial statements of Volvere IT Services 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 2019 are in the company report.
The GSTIN of Volvere IT Services is 24AAGCV5346M1ZX, registered in Gujarat.
The CIN (Corporate Identification Number) of Volvere IT Services is U72200GJ2018PTC103583. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Volvere IT Services was incorporated on 09 August 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Volvere IT Services by revenue are Digi18 Media Agency Private Limited, Sarls Softech Private Limited, Kretacx Software Private Limited, Project Stikcon Private Limited, Non-Linear Technology Solutions (OPC) Private Limited and 3 more, all in the same principal business activity (computer programming, consultancy and related activities).
Ashiyanabanu Mohammad Munauwar Ansari was appointed as Additional Director on 31 Jan 2026. Jaydip Malsinh Chavda was appointed as Additional Director on 31 Jan 2026. Abhi Jayeshbhai Savadiyawala was appointed as Director on 19 Mar 2024. Volvere IT Services has 5 board changes on record in total.
Yes, Volvere IT Services is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of Volvere IT Services is at H16 Kalindi Appartment Near Pashabhai Society Gotri Road, Vadodara, Gujarat, India – 390007.
Volvere IT Services operates in the information technology industry, in the IT consulting and support services segment.
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