MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-26-0089156
_PRIVATE_LIMITED.webp)
CVG Seating (India) Private Limited - consumer electronics & durables in Vadodara, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹203.73 Cr
▲ 8% YoY
Net profit · FY 2025
₹11.72 Cr
Net margin 5.8%
EBITDA · FY 2025
₹13.25 Cr
EBITDA margin 6.5%
Authorised capital
₹113.92 Cr
Registered with MCA
Paid-up capital
₹96.51 Cr
Issued & subscribed
Company age
15 yrs
Est. 2011
Employees · EPFO
90
Provident fund records
Directors on board
3
As per MCA filings
About CVG Seating (India) Private Limited
Data last updated:
CVG Seating (India) Private Limited is a foreign private limited company based in Vadodara, Gujarat, India, a subsidiary of Cvg Global S.A.R.L. It operates in the furniture manufacturing segment of the consumer electronics and durables sector. It was incorporated on 06 April 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U36900GJ2011FTC080029. Its GSTIN is 24AAECC3552G1ZZ (Gujarat). The company holds 7 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹113.92 Cr and a paid-up capital of ₹96.51 Cr. It is led by directors including Prabhakar Vaman Shetty (Whole-Time Director) and Russell Dean Ketteringham.
Its last annual general meeting (AGM) was held on 23 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No : 318 Village Baska Taluka – Halol, Vadodara, Gujarat, India – 389350.
As per the financials filed for FY 2025, the company reported a revenue of ₹203.73 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹11.72 Cr (net margin 5.8%) and EBITDA of ₹13.25 Cr (EBITDA margin 6.5%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 14% over five years.
The company has about 90 employees on its provident fund (EPFO) records.
Court records list 8 cases involving the company, including 8 filed by the company. The company has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹96.46 Cr; the latest was in August 2015. The company has 15 MSME Form 1 returns on record between 2019 and 2023, listing 2,336 overdue payments to 83 micro and small suppliers.
CVG Seating (India) Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0089156). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cvgseating.co.in.
Company details
CIN U36900GJ2011FTC080029
Registration Number 080029
Incorporation Date 06 April 2011
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 23 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Cvg Global S.A.R.L
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-26-0089156
CIN history
CVG Seating (India) has one previous CIN (Corporate Identification Number): U36900DL2011FTC217142. The current CIN is U36900GJ2011FTC080029, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U36900GJ2011FTC080029 | Current |
| U36900DL2011FTC217142 | Previous |
Key People
Prabhakar Vaman Shetty Whole-Time Director Russell Dean Ketteringham Director Aneezal Hameed Mohamed Director Recognitions & Rankings of CVG Seating (India)
Contact details
CVG Seating (India) Private Limited's registered office is in Vadodara, Gujarat. Its website is cvgseating.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No : 318 Village Baska Taluka – Halol, Vadodara, Gujarat, India – 389350
- IndustryConsumer Electronics & Durables, Furniture Manufacturing
To see the full contact details of CVG Seating (India) Private Limited, buy the company report.
Comprehensive company report
CVG Seating (India) 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 CVG Seating (India) is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of CVG Seating (India) Private Limited, buy the company report.
Financials of CVG Seating (India) Private Limited
FY 2025 filings availableCVG Seating (India) Private Limited reported revenue of ₹203.73 Cr (up 8% YoY) for FY 2025.
Revenue · FY 2025
₹203.73 Cr ▲ 8%
Net profit · FY 2025
₹11.72 Cr margin 5.8%
EBITDA · FY 2025
₹13.25 Cr margin 6.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 8%
3 years · compounded
▲ 30%
5 years · compounded
▲ 14%
EBITDA CAGR growth
1 year
▼ 1%
3 years · compounded
▲ 47%
5 years · compounded
▲ 16%
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 8% growth in the latest year. EBITDA fell 1% 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 |
|---|---|---|---|---|---|
| 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 | ₹13.25 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹11.72 Cr | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.5% | ||||
| Net Profit Margin | 5.8% | ||||
| 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 CVG Seating (India) Private Limited, buy the company report.
Board of directors of CVG Seating (India) Private Limited
CVG Seating (India) has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prabhakar Vaman Shetty | Whole-Time Director | 02 Aug 2013 | 13 Years 3 Months | Current |
| Russell Dean Ketteringham | Director | 24 May 2024 | 2 Years 5 Months | Current |
| Aneezal Hameed Mohamed | Director | 25 Nov 2015 | 10 Years 11 Months | Current |
Auditor
CVG Seating (India) Private Limited is audited by S R B C & CO LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R B C & CO LLP | FY 2023 | 324982E/E300003 |
Shareholding
The shareholding of CVG Seating (India) 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 CVG Seating (India) Private Limited, buy the company report.
Deals & funding
CVG Seating (India) Private Limited has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹96.46 Cr; the latest was in August 2015.
Total deals
3
Secondary share transfers
2
Funding round
1
Disclosed funding
₹96.46 Cr
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2015 | Secondary share transfer | Undisclosed | Buyer: CVG Global S.a.r.l Seller: Hema Engineering Industries Ltd |
| May 2012 | Secondary share transfer | Undisclosed | Buyer: CVG Global S.a.r.l Seller: CVG International Holdings Inc |
| Dec 2011 | Funding round | ₹96.46 Cr | Investors: CVG Global S.a.r.l, CVG International Holdings Inc, Hema Engineering Industries Ltd |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
CVG Seating (India) Private Limited has 8 court cases on record: 8 filed by CVG Seating (India). All cases are disposed.
Total cases
8
Filed by the company
8
Disposed
8
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 0 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Vadodara, Gujarat | Criminal complaint | Filed by the company against Gugusys Smart Solutions Pvt.Ltd. and 2 others | Disposed |
| District court, Vadodara, Gujarat | Court case (CR EN) | Filed by the company against Gugusys Smart Solutions Pvt.Ltd. and 2 others | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against M/S Mithra Coaches Private Limited Etc and 6 others | Disposed |
| District court, Vadodara, Gujarat | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, Vadodara, Gujarat | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of CVG Seating (India) Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
CVG Seating (India) Private Limited has 15 MSME Form 1 returns on record between 2019 and 2023, listing 2,336 overdue payments to 83 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 83)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Aditya Industries-Dharwad | |||
| Global Auto Parts | |||
| an individual supplier | |||
| an individual supplier | |||
| Creative Foam Technologies |
To see the full MSME payment records of CVG Seating (India) Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
CVG Seating (India) Private Limited has a workforce of 90 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
90
Active EPFO establishments
1
Employee growth
-2.17%
GST
CVG Seating (India) has 7 GST registrations: 4 active and 3 cancelled or inactive.
Total GSTINs
7
Active
4
Cancelled / inactive
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECC3552G1ZZ | Gujarat | Active | 01 Jul 2017 |
| 27AAECC3552G1ZT | Maharashtra | Active | 01 Jul 2017 |
| 29AAECC3552G1ZP | Karnataka | Active | 01 Jul 2017 |
| 23AAECC3552G1Z1 | Madhya Pradesh | Active | 18 Jan 2022 |
To see the full GST registrations and return filing status of CVG Seating (India) Private Limited, buy the company report.
Recent activity
CVG Seating (India) Private Limited has 11 board changes on record since 2013: 3 appointments and 8 cessations. The latest: Russell Dean Ketteringham ceased to be Additional Director on 29 Sep 2024.
AGM
Cvg Seating (India) Private Limited last Annual general meeting of members was held on 23 Sep 2025 as per latest MCA records.
Filing
Cvg Seating (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Russell Dean Ketteringham ceased to be Additional Director.
Appointed
Russell Dean Ketteringham was appointed as Director.
Ceased
Kirk Sheridan Feiler ceased to be Director.
Ceased
Prabhakar Vaman Shetty ceased to be Director.
Appointed
Aneezal Hameed Mohamed was appointed as Director.
Ceased
Chandresh Jajoo ceased to be Director.
Ceased
Richard Patrick Lavin ceased to be Additional Director.
Ceased
Chad Michael Utrup ceased to be Director.
Ceased
William Gordon Boyd ceased to be Director.
Appointed
Prabhakar Vaman Shetty was appointed as Whole-Time Director.
2 earlier events are in the company report.
Frequently asked questions
CVG Seating (India) is an active foreign private limited company based in Vadodara, Gujarat, India. The company works in furniture manufacturing, within the consumer electronics and durables industry. It was incorporated on 06 April 2011 (15+ years old) and is registered under CIN U36900GJ2011FTC080029.
CVG Seating (India) has 3 current directors:
- Prabhakar Vaman Shetty - Whole-Time Director
- Russell Dean Ketteringham - Director
- Aneezal Hameed Mohamed - Director
The latest financial statements of CVG Seating (India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 23 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of CVG Seating (India) is 24AAECC3552G1ZZ, registered in Gujarat. The company has 7 GST registrations in all, of which 4 are active and 3 are cancelled or inactive. Other active GSTINs include 27AAECC3552G1ZT (Maharashtra), 29AAECC3552G1ZP (Karnataka), 23AAECC3552G1Z1 (Madhya Pradesh).
The CIN (Corporate Identification Number) of CVG Seating (India) is U36900GJ2011FTC080029. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
CVG Seating (India) has 8 court cases on record: 8 filed by the company.
CVG Seating (India) was incorporated on 06 April 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.
CVG Seating (India) has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹96.46 Cr; the latest was in August 2015.
Russell Dean Ketteringham ceased to be Additional Director on 29 Sep 2024. Russell Dean Ketteringham was appointed as Director on 24 May 2024. Kirk Sheridan Feiler ceased to be Director on 09 Oct 2020. CVG Seating (India) has 11 board changes on record in total.
Yes, CVG Seating (India) is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-26-0089156).
CVG Seating (India) has 15 MSME Form 1 returns on record between 2019 and 2023, listing 2,336 overdue payments to 83 micro and small suppliers. The latest return was filed on 15 Dec 2023.
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