Vadict Innovations Private Limited

Provides IoT technology-based projects and IT design and development services for applications.

2019 | Vadodara, Gujarat (India) | Active
Last Updated: December 03, 2024

Vadict Innovations Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 7.00 Cr
  • Company Age 5 Year, 10 Months
  • Last Filing with ROC 31 Dec 2023
  • Revenue Growth -94.65%
  • Profit Growth -30.24%
  • Ebitda -32.19%
  • Net Worth 343.12%
  • Total Assets -0.21%

About Vadict Innovations

Vadict Innovations Private Limited (VIPL) is a Private Limited Foreign Company Incorporated In India incorporated in India on 22 March 2019 (Five years and ten months 11 days old ). Its registered office is in Vadodara, Gujarat, India.

The Company is engaged in the Information Technology Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 December 2023. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 7.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Jatin Joshi, Chhaya Purohit, and Nilesh Joshi serve as directors at the Company.

Company Details

  • Location

    Vadodara, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72900GJ2019FTC107178

  • Company No.

    107178

  • Company Classification

    Private Limited Foreign Company Incorporated In India

  • Incorporation Date

    22 Mar 2019

  • Date of AGM

    27 May 2024

  • Date of Balance Sheet

    31 Dec 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Information Technology

Who are the key members and board of directors at Vadict Innovations?

Board Members (3)

Name Designation Appointment Date Status
Jatin Joshi Country flag representing In Director 22-Mar-2019 Current
Chhaya Purohit Country flag representing In Director 22-Mar-2019 Current
Nilesh Joshi Country flag representing Us Director 22-Mar-2019 Current

Financial Performance of Vadict Innovations.

Vadict Innovations Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 94.65% decrease. The company also saw a substantial fall in profitability, with a 30.24% decrease in profit. The company's net worth Soared by an impressive increase of 343.12%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
-94.65%
Revenue from Operations
-94.65%
Total Assets
-0.21%
Profit or Loss
-30.24%
Net Worth
343.12%
EBITDA
-32.19%

What is the Ownership and Shareholding Structure of Vadict Innovations?

In 2022, Vadict Innovations had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Vadict Innovations?

Vadict Innovations has a workforce of 17 employees as of Apr 01, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Vadict Innovations, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Vadict Innovations's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Vadict Innovations

Recent activity within the organization

  • Annual General Meeting

    Vadict Innovations Private Limited last Annual general meeting of members was held on 27 May 2024 as per latest MCA records.

    27 May 2024

  • Balance Sheet

    Vadict Innovations Private Limited has filed its annual Financial statements for the year ended 31 Dec 2023 with Roc Ahmedabad.

    31 Dec 2023

  • Director Appointment

    Jatin Chandravadan Joshi was appointed as a Director was appointed as a Director on 22 Mar 2019 & has been associated with this company since 5 years 10 months .

    22 Mar 2019

  • Director Appointment

    Chhaya Nitin Purohit was appointed as a Director was appointed as a Director on 22 Mar 2019 & has been associated with this company since 5 years 10 months .

    22 Mar 2019

  • Director Appointment

    Nilesh Chandravadan Joshi was appointed as a Director was appointed as a Director on 22 Mar 2019 & has been associated with this company since 5 years 10 months .

    22 Mar 2019

  • Company Incorporation

    Vadict Innovations Private Limited was registered on 22 Mar 2019 with Roc Ahmedabad & aged 5 years 10 months as per MCA records.

    22 Mar 2019

Frequently asked questions

  • Vadict Innovations Private Limited was incorporated on 22 Mar 2019.

  • The authorized share capital of Vadict Innovations Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 7.00 Cr.

  • Currently 3 directors are associated with Vadict Innovations Private Limited.

    • Jatin Chandravadan Joshi
    • Chhaya Nitin Purohit
    • Nilesh Chandravadan Joshi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vadict Innovations Private Limited is 301 A Block - E Notus Pride It Park Sarabhai Campus Subhanpura, India, Vadodara, Gujarat, 390023.

  • The corporate identification number (CIN) of Vadict Innovations Private Limited is U72900GJ2019FTC107178 and the company number is 107178 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Vadict Innovations Private Limited is https://www.vadict.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Vadict Innovations Private Limited has fallen by -94.65%.

  • As Per 2022 financial reports, 17 employees are currently employed by Vadict Innovations Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Vadict Innovations Private Limited has experienced an upsurge of 343.12%.

  • The most recent Balance Sheet for Vadict Innovations Private Limited was filed with the ROC on 31 Dec 2023.