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VST Iot Solutions Private Limited - software in Kochi, Kerala, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹90.44 Lakh
▲ 172% YoY
Net profit · FY 2024
₹7.46 Lakh
Net margin 8.2%
EBITDA · FY 2024
₹12.5 Lakh
EBITDA margin 13.8%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹2 Lakh
Issued & subscribed
Open charges
₹46.8 Lakh
Secured borrowings
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings
About VST Iot Solutions Private Limited
Data last updated:
VST Iot Solutions Private Limited is a private limited company based in Kochi, Kerala, India, recognised as a startup by DPIIT. It operates in the software development and IT solutions segment of the software and technology sector. It was incorporated on 21 September 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U72200KL2020PTC064517. Its GSTIN is 32AAHCV6151D1ZL (Kerala).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Alvin George (Managing Director) and Dinumol Mathew.
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 Ground Floor Building No.52/2208A Bhagath Singh Road Vyttila P.O., Kochi, Kerala, India – 682019.
As per the financials filed for FY 2024, the company reported a revenue of ₹90.44 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹7.46 Lakh (net margin 8.2%) and EBITDA of ₹12.5 Lakh (EBITDA margin 13.8%).
Its group structure includes 2 subsidiaries.
As per MCA filings, the company has open charges of ₹46.8 Lakh on record.
VST Iot Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-02-0011289). For more details, the company can be reached via its website vstiotsolutions.com.
Company Details of VST Iot Solutions Private Limited
CIN U72200KL2020PTC064517
Registration Number 064517
Incorporation Date 21 September 2020
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KL-02-0011289
Recognitions & Rankings of VST Iot Solutions
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2020-21)
- Udyam number
- UDYAM-KL-02-0011289
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressGround Floor Building No.52/2208A Bhagath Singh Road Vyttila P.O., Kochi, Kerala, India – 682019
- IndustrySoftware, Software Development, Software Publishing
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Business Activity of VST Iot Solutions Private Limited
The main business activity of VST Iot Solutions is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of VST Iot Solutions Private Limited FY 2024 filings available
VST Iot Solutions Private Limited reported revenue of ₹90.44 Lakh (up 172% YoY) for FY 2024.
Revenue · FY 2024
₹90.44 Lakh ▲ 172%
Net profit · FY 2024
₹7.46 Lakh margin 8.2%
EBITDA · FY 2024
₹12.5 Lakh margin 13.8%
Compounded Annual Growth Rate (CAGR) of VST Iot Solutions Private Limited
Revenue CAGR growth
1 year
▲ 172%
EBITDA CAGR growth
1 year
▲ 215%
3 years · compounded
▲ 286%
Revenue rose 172% in the latest year. EBITDA rose 215% 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 VST Iot 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 | ₹12.5 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹7.46 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 VST Iot Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 13.8% | •••• | •••• | •••• |
| Net Profit Margin | 8.2% | •••• | •••• | •••• |
| 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 VST Iot Solutions are in the company report.
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Financial statements from FY 2021
Earlier years and trend charts are in the company report.
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Board of Directors of VST Iot Solutions Private Limited
VST Iot Solutions has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Alvin George Also directs: Green Geo Farms Private Limited, Eastern Mobility Solutions Private Limited, VST Express Private Limited and 1 more | Managing Director | 22 Dec 2023 | 2 Years 9 Months | Current |
| Dinumol Mathew Also directs: Green Geo Farms Private Limited, VST Express Private Limited | Director | 21 Sep 2020 | 6 Years 1 Months | Current |
Peer Comparison of VST Iot Solutions Private Limited
VST Iot Solutions Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IoT). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Valkontek Embedded Iot Services Private Limited | ₹1.24 Cr (FY 2024) | •••• | •••• | 119.0% | •••• | Hyderabad, Telangana, India |
| Shallop Iot Technologies Private Limited | ₹1.15 Cr (FY 2025) | •••• | •••• | 96.0% | •••• | Bangalore, Karnataka, India |
| Kled Iot Sensing Private Limited | ₹1.09 Cr (FY 2025) | •••• | •••• | 49.0% | •••• | Mumbai, Maharashtra, India |
| Cahead Iot India Private Limited | ₹1.03 Cr (FY 2023) | •••• | •••• | 3626.0% | •••• | Bangalore, Karnataka, India |
| Iot World Labs India Private Limited | ₹97.13 Lakh (FY 2019) | •••• | •••• | -28.0% | •••• | New Delhi, Delhi, India |
| VST Iot Solutions Private Limited this company | ₹90.44 Lakh (FY 2024) | •••• | •••• | 172.0% | •••• | Kochi, Kerala, India |
| Snas Iot Laboratories Private Limited | ₹78.56 Lakh (FY 2024) | •••• | •••• | 74.0% | •••• | Indore, Madhya Pradesh, India |
| Justrack Iot Private Limited | ₹70.7 Lakh (FY 2025) | •••• | •••• | 350.0% | •••• | Noida, Uttar Pradesh, India |
| Antar Iot Private Limited | ₹69.85 Lakh (FY 2024) | •••• | •••• | -1.0% | •••• | Hyderabad, Telangana, India |
| Sharyo Mobility and Iot Solutions Private Limited | ₹67.35 Lakh (FY 2025) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Inspirit Iot Technologies Private Limited | ₹65.02 Lakh (FY 2021) | •••• | •••• | -65.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below VST Iot Solutions by revenue in the Information Technology industry (IoT), 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 VST Iot Solutions Private Limited
VST Iot Solutions Private Limited is audited by VISHNU SURESH & Co. Chartered Accountants for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VISHNU SURESH & Co. Chartered Accountants | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of VST Iot Solutions Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of VST Iot Solutions Private Limited
Open charges
₹46.8 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Nov 2024 | State Bank of India | ₹46.8 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at VST Iot Solutions Private Limited
VST Iot Solutions Private Limited has a workforce of 0 employees as of Apr 05, 2024.
Active EPFO establishments
1
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Group Structure of VST Iot Solutions Private Limited
VST Iot Solutions has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
2
Subsidiary companies
Key Subsidiaries
| Company Name | CIN | Shares Held |
|---|---|---|
| Vst Infra Solutions Private Limited | U45309KL2021PTC070394 | Locked |
| Vst Express Private Limited | U60200KL2021PTC070392 | Locked |
Showing major subsidiaries. Total: 2.
Recent Activity on VST Iot Solutions Private Limited
VST Iot Solutions Private Limited has 3 board changes on record since 2020: 2 appointments and 1 cessation. The latest: Alvin George was appointed as Managing Director on 22 Dec 2023.
Charges
A charge with State Bank Of India amounted to Rs. 46.80 Lakh with Charge ID 100996809 was registered on 05 Nov 2024.
AGM
Vst Iot Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Vst Iot Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam.
Appointed
Alvin George was appointed as Managing Director.
Ceased
Harsha Thomas ceased to be Director.
Appointed
Dinumol Mathew was appointed as Director.
Incorporation
21 Sep 2020
Vst Iot Solutions Private Limited was registered on 21 Sep 2020 with Roc Ernakulam & aged 6 years 30 days as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for VST Iot Solutions Private Limited
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MSME Payment Delays by VST Iot Solutions Private Limited
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Subsidiaries & Group Companies of VST Iot Solutions Private Limited
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GST Compliance of VST Iot Solutions Private Limited
VST Iot Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAHCV6151D1ZL | Kerala | Active | 07 Jul 2021 |
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MCA Filings & Documents of VST Iot Solutions Private Limited
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Frequently Asked Questions about VST Iot Solutions Private Limited
VST Iot Solutions is an active private limited company based in Kochi, Kerala, India. The company works in software development, within the software industry. It was incorporated on 21 September 2020 (6+ years old) and is registered under CIN U72200KL2020PTC064517.
VST Iot Solutions reported revenue of ₹90.44 Lakh for FY 2024 (up 172% YoY).
VST Iot Solutions has 2 current directors:
- Alvin George - Managing Director
- Dinumol Mathew - Director
VST Iot Solutions reported a net profit of ₹7.46 Lakh (net margin 8.2%) and EBITDA of ₹12.5 Lakh (EBITDA margin 13.8%) for FY 2024, as per its filed financial statements.
The GSTIN of VST Iot Solutions is 32AAHCV6151D1ZL, registered in Kerala.
The CIN (Corporate Identification Number) of VST Iot Solutions is U72200KL2020PTC064517. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
VST Iot Solutions was incorporated on 21 September 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of VST Iot Solutions by revenue are Valkontek Embedded Iot Services Private Limited, Shallop Iot Technologies Private Limited, Kled Iot Sensing Private Limited, Cahead Iot India Private Limited, Iot World Labs India Private Limited and 5 more, all in the Information Technology industry (IoT).
Alvin George was appointed as Managing Director on 22 Dec 2023. Harsha Thomas ceased to be Director on 11 Jul 2021. Dinumol Mathew was appointed as Director on 21 Sep 2020.
Yes, VST Iot Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, VST Iot Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-KL-02-0011289).