Ve-Par Private Limited
About Ve-Par Private Limited
Data last updated:
Ve-Par Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the designer and branded fashion segment of the fashion and textiles sector. It was incorporated on 06 October 1980 and has been in existence for over 46 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51909GJ1980PTC003970. Its GSTIN is 24AAACV3821F1ZQ (Gujarat).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹16.08 Lakh. It is led by directors including Asha Suhrid Sarabhai (Whole-Time Director) and Suhrid Suhrid Sarabhai (Whole-Time Director).
Its last annual general meeting (AGM) was held on 02 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at The Retreat Shahibag, Ahmedabad, Gujarat, India – 380004.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.22 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹31.65 Lakh (net margin 4.4%) and EBITDA of ₹64.05 Lakh (EBITDA margin 8.9%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 3% over five years.
The company has about 15 employees on its provident fund (EPFO) records. Its group structure includes 5 subsidiaries.
Court records list 14 cases involving the company, including 3 filed by the company and 11 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Ve-Par Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressThe Retreat Shahibag, Ahmedabad, Gujarat, India – 380004
- IndustryFashion and Textile, Designer & Branded Fashion
To see the full contact details of Ve-Par Private Limited, buy the company report.
- 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
Business activity
The main business activity of Ve-Par is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Ve-Par Private Limited, buy the company report.
Financials of Ve-Par Private Limited
FY 2025 filings availableVe-Par Private Limited reported revenue of ₹7.22 Cr (up 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 1% growth in the latest year. EBITDA fell 49% 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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| EBITDA | ₹64.05 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹31.65 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.9% | ||||
| Net Profit Margin | 4.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Ve-Par Private Limited, buy the company report.
Board of directors of Ve-Par Private Limited
Ve-Par has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manojkumar Achuthan Nair Also directs: Mahadeovadi Private Limited, Vepar Manufacturing Company Private Limited, Vepar Designs Private Limited and 5 more | Director | 01 Apr 2021 | 5 Years 6 Months | Current |
| Asha Suhrid Sarabhai Also directs: Eat IT LLP, Sas Management Services LLP, Lantana Investments Private Limited and 5 more | Whole-Time Director | 02 Feb 1985 | 41 Years 8 Months | Current |
| Suhrid Suhrid Sarabhai | Whole-Time Director | 25 Mar 1983 | 43 Years 7 Months | Current |
| Kushal Santoshlal Somani Also directs: Mahadeovadi Private Limited, Vepar Manufacturing Company Private Limited, Vepar Designs Private Limited and 5 more | Director | 01 Apr 2021 | 5 Years 6 Months | Current |
Peer comparison
Ve-Par Private Limited is compared with the 4 companies closest to it by revenue in the Apparel industry (Branded Wear), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mini Magic Creation Private Limited | ₹7.54 Cr (FY 2024) | -50.0% | Kolkata, West Bengal, India | |||
| Ve-Par Private Limitedthis company | ₹7.22 Cr (FY 2025) | ₹31.65 Lakh | 4.4% | 1.0% | 15 | Ahmedabad, Gujarat, India |
| Ascent Garments Private Limited | ₹7.19 Cr (FY 2024) | 5.0% | Kolkata, West Bengal, India | |||
| Tiber Taber Fashion Private Limited | ₹7.14 Cr (FY 2024) | 21.0% | New Delhi, Delhi, India | |||
| Rahul Natural Styles Private Limited | ₹7.11 Cr (FY 2025) | -29.0% | Delhi, India |
To see the full peer comparison of Ve-Par Private Limited, buy the company report.
Auditor
Ve-Par Private Limited is audited by SORAB S ENGINEER & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SORAB S ENGINEER & CO | FY 2021 | 110417W |
Shareholding
The shareholding of Ve-Par Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ve-Par Private Limited, buy the company report.
Legal cases
Ve-Par Private Limited has 14 court cases on record: 3 filed by Ve-Par, 11 filed against it. 1 case is pending and 13 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 9 | 7 | 1 |
| District courts | 5 | 4 | 0 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Appeal | Filed by the company against Ondeo Nalco India Ltd and 4 others | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed by the company against Ondeo Nalco India Limited | Disposed |
| High Court of Gujarat | Appeal | Filed against the company by Employees State Insurance Corporation | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Government of Gujarat | Disposed |
| District court, Mahesana, Gujarat | Criminal complaint | Filed against the company by Government of Gujarat | Disposed |
To see the full case history of Ve-Par 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
No delayed payments to MSME suppliers are on our record for Ve-Par Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Ve-Par has 5 subsidiary companies. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Mansun Farm Private Limited | U01135GJ1970PTC001701 | |
| Vepar Manufacturing Company Private Limited | U17110GJ1996PTC029735 | |
| Vepar Designs Private Limited | U17119GJ1989PTC011904 | |
| Vepar Exports Private Limited | U51909GJ1992PTC016897 | |
| Nirankar Investments Private Limited | U67910GJ1980PTC003982 |
To see the full group structure of Ve-Par Private Limited, buy the company report.
Employees & EPFO
Ve-Par Private Limited has a workforce of 15 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
Ve-Par has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACV3821F1ZQ | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ve-Par Private Limited, buy the company report.
Recent activity
Ve-Par Private Limited has 11 board changes on record since 1983: 4 appointments and 7 cessations. The latest: Kushal Santoshlal Somani ceased to be Additional Director on 03 Aug 2021.
2 earlier events are in the company report.
Frequently asked questions
Ve-Par is an active private limited company based in Ahmedabad, Gujarat, India. The company works in designer and branded fashion, within the fashion and textile industry. It was incorporated on 06 October 1980 (46+ years old) and is registered under CIN U51909GJ1980PTC003970.
Ve-Par has 4 current directors:
- Asha Suhrid Sarabhai - Whole-Time Director
- Suhrid Suhrid Sarabhai - Whole-Time Director
- Manojkumar Achuthan Nair - Director
- Kushal Santoshlal Somani - Director
The latest financial statements of Ve-Par on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 02 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Ve-Par is 24AAACV3821F1ZQ, registered in Gujarat.
The CIN (Corporate Identification Number) of Ve-Par is U51909GJ1980PTC003970. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ve-Par has 14 court cases on record: 3 filed by the company and 11 filed against it. 1 is pending. Most are in the high courts.
Ve-Par was incorporated on 06 October 1980, making it 46+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Ve-Par by revenue are Mini Magic Creation Private Limited, Ascent Garments Private Limited, Tiber Taber Fashion Private Limited, Rahul Natural Styles Private Limited, all in the Apparel industry (Branded Wear), with the same principal business activity (textile, leather and other apparel products).
Kushal Santoshlal Somani ceased to be Additional Director on 03 Aug 2021. Manojkumar Achuthan Nair ceased to be Additional Director on 03 Aug 2021. Kushal Santoshlal Somani was appointed as Director on 01 Apr 2021. Ve-Par has 11 board changes on record in total.
The registered office of Ve-Par is at The Retreat Shahibag, Ahmedabad, Gujarat, India – 380004.
Ve-Par operates in the fashion and textile industry, in the designer and branded fashion segment.
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