VGR Ventures Private Limited
About VGR Ventures Private Limited
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VGR Ventures Private Limited is a private limited company based in Belgaum, Karnataka, India. It operates in the woven packaging products segment of the packaging sector. It was incorporated on 19 June 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2018PTC114086. Its GSTIN is 29AAGCV4759C1Z1 (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vinit Vasant Bichu and Radhey Vithaldas Toshniwal.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Belgaum, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹22.9 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹7.7 Lakh (net margin 33.6%) and EBITDA of ₹7 Lakh (EBITDA margin 30.6%). Revenue has declined at a compounded annual rate (CAGR) of 16% over three years and 21% over five years.
Company details
Contact details
VGR Ventures Private Limited's registered office is in Belgaum, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShed No.B – 115 Rs No. 681 Hissa No. 1/A 684 /1B (Part) Of Angol Dutch Industrial Estat, E Udyambag, Belgaum, Karnataka, India – 590008
- IndustryPackaging, Woven Packaging Products, Paper, Laminated & Corrugated Packaging
To see the full contact details of VGR Ventures 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 VGR Ventures is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of VGR Ventures Private Limited, buy the company report.
Financials of VGR Ventures Private Limited
FY 2022 filings availableVGR Ventures Private Limited reported revenue of ₹22.9 Lakh (up 416% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 416% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 21%. EBITDA rose 369% 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 | ₹7 Lakh | ||||
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| Net Profit (PAT) | ₹7.7 Lakh | ||||
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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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| EBITDA Margin | 30.6% | ||||
| Net Profit Margin | 33.6% | ||||
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To see the full financial statements and ratios of VGR Ventures Private Limited, buy the company report.
Board of directors of VGR Ventures Private Limited
VGR Ventures has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinit Vasant Bichu | Director | 19 Jun 2018 | 8 Years 4 Months | Current |
| Radhey Vithaldas Toshniwal | Director | 11 Jul 2018 | 8 Years 3 Months | Current |
Auditor
VGR Ventures Private Limited is audited by G P S & CO LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G P S & CO LLP | FY 2022 | S200056 |
Shareholding
The shareholding of VGR Ventures Private Limited is on record for 4 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of VGR Ventures Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving VGR Ventures 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 VGR Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
VGR Ventures has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCV4759C1Z1 | Karnataka | Active | 27 Jul 2018 |
To see the full GST registrations and return filing status of VGR Ventures Private Limited, buy the company report.
Recent activity
VGR Ventures Private Limited has 3 board changes on record since 2018: 2 appointments and 1 cessation. The latest: Ganesh Jotiba Oulkar ceased to be Director on 13 Oct 2020.
Frequently asked questions
VGR Ventures is an active private limited company based in Belgaum, Karnataka, India. The company works in woven packaging products, within the packaging industry. It was incorporated on 19 June 2018 (8+ years old) and is registered under CIN U74999KA2018PTC114086.
VGR Ventures has 2 current directors:
- Vinit Vasant Bichu - Director
- Radhey Vithaldas Toshniwal - Director
The latest financial statements of VGR Ventures on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2019 are in the company report.
The GSTIN of VGR Ventures is 29AAGCV4759C1Z1, registered in Karnataka.
The CIN (Corporate Identification Number) of VGR Ventures is U74999KA2018PTC114086. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
VGR Ventures was incorporated on 19 June 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
Ganesh Jotiba Oulkar ceased to be Director on 13 Oct 2020. Radhey Vithaldas Toshniwal was appointed as Director on 11 Jul 2018. Vinit Vasant Bichu was appointed as Director on 19 Jun 2018.
The registered office of VGR Ventures is at Shed No.B – 115 Rs No. 681 Hissa No. 1A 684 1B Part Of Angol Dutch Industrial Estat, E Udyambag, Belgaum, Karnataka, India – 590008.
VGR Ventures operates in the packaging industry, in the woven packaging products segment.
VGR Ventures can be reached at its registered office: Shed No.B – 115 Rs No. 681 Hissa No. 1A 684 1B Part Of Angol Dutch Industrial Estat, E Udyambag, Belgaum, Karnataka, India – 590008.