Vitraag (India) Private Limited
About Vitraag (India) Private Limited
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Vitraag (India) Private Limited is a foreign private limited company based in Mumbai, Maharashtra, India, a subsidiary of Vitraag B.V.B.A.. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 11 December 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U36102MH2014FTC260107. Its GSTIN is 27AAECV9780D1ZY (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹12 Cr and a paid-up capital of ₹5 Cr. It is led by directors including Vishal Janakrai Gorakh and Prakash Maneklal Kansara.
Its last annual general meeting (AGM) was held on 06 October 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 802 8th Floor Plot – 21 Panchratna Mama Parmanand Marg Opera House Girgoan, Mumbai, Maharashtra, India – 400004.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.51 Cr, a decline of 68% compared to the previous year. For the same year it recorded a net profit of ₹36.47 Lakh (net margin 4.3%) and EBITDA of ₹36.67 Lakh (EBITDA margin 4.3%). Revenue has declined at a compounded annual rate (CAGR) of 12% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Vitraag (India) Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address802 8th Floor Plot – 21 Panchratna Mama Parmanand Marg Opera House Girgoan, Mumbai, Maharashtra, India – 400004
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Vitraag (India) 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 Vitraag (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 Vitraag (India) Private Limited, buy the company report.
Financials of Vitraag (India) Private Limited
FY 2025 filings availableVitraag (India) Private Limited reported revenue of ₹8.51 Cr (down 68% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 12% over five years, including a 68% fall in the latest year. EBITDA fell 76% 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 | ₹36.67 Lakh | ||||
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| Net Profit (PAT) | ₹36.47 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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| Profitability | |||||
| EBITDA Margin | 4.3% | ||||
| Net Profit Margin | 4.3% | ||||
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To see the full financial statements and ratios of Vitraag (India) Private Limited, buy the company report.
Board of directors of Vitraag (India) Private Limited
Vitraag (India) has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishal Janakrai Gorakh | Director | 11 Dec 2014 | 11 Years 10 Months | Current |
| Prakash Maneklal Kansara Also directs: Satyan Finance and Investments Limited | Director | 11 Dec 2014 | 11 Years 10 Months | Current |
| Ghanshyambhai Pannalalji Ramawat | Director | 20 Feb 2023 | 3 Years 8 Months | Current |
Peer comparison
Vitraag (India) Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Products industry (Watches and Jewellery Manufacturers), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| DC Jewelry Private Limited | ₹8.57 Cr (FY 2025) | 72.0% | Indore, Madhya Pradesh, India | |||
| Aska Jewels Private Limited | ₹8.54 Cr (FY 2024) | -53.0% | Mumbai, Maharashtra, India | |||
| Consciouscarats Private Limited | ₹8.52 Cr (FY 2025) | 2939.0% | Mumbai, Maharashtra, India | |||
| Vitraag (India) Private Limitedthis company | ₹8.51 Cr (FY 2025) | ₹36.47 Lakh | 4.3% | -68.0% | 10 | Mumbai, Maharashtra, India |
| Dialtin Jewels Private Limited | ₹8.47 Cr (FY 2025) | 19.0% | Surat, Gujarat, India |
To see the full peer comparison of Vitraag (India) Private Limited, buy the company report.
Auditor
Vitraag (India) Private Limited is audited by DINESH GANDHI & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DINESH GANDHI & ASSOCIATES | FY 2020 | 102598W |
Shareholding
The shareholding of Vitraag (India) Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | 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 Vitraag (India) Private Limited, buy the company report.
Legal cases
Vitraag (India) Private Limited has 1 court case on record: 1 filed by Vitraag (India). All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Union of India, Through Secretary and 2 others | Disposed |
To see the full case history of Vitraag (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
No delayed payments to MSME suppliers are on our record for Vitraag (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Vitraag (India) Private Limited has a workforce of 10 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
GST
Vitraag (India) has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECV9780D1ZY | Maharashtra | Active | 01 Jul 2017 |
| 24AAECV9780D1Z4 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vitraag (India) Private Limited, buy the company report.
Recent activity
Vitraag (India) Private Limited has 3 board changes on record since 2014: 3 appointments. The latest: Ghanshyambhai Pannalalji Ramawat was appointed as Director on 20 Feb 2023.
Frequently asked questions
Vitraag (India) is an active foreign private limited company based in Mumbai, Maharashtra, India. The company works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 11 December 2014 (12+ years old) and is registered under CIN U36102MH2014FTC260107.
Vitraag (India) has 3 current directors:
- Vishal Janakrai Gorakh - Director
- Prakash Maneklal Kansara - Director
- Ghanshyambhai Pannalalji Ramawat - Director
The latest financial statements of Vitraag (India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 06 October 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Vitraag (India) is 27AAECV9780D1ZY, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AAECV9780D1Z4 (Gujarat).
The CIN (Corporate Identification Number) of Vitraag (India) is U36102MH2014FTC260107. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vitraag (India) has 1 court case on record: 1 filed by the company.
Vitraag (India) was incorporated on 11 December 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Vitraag (India) by revenue are DC Jewelry Private Limited, Aska Jewels Private Limited, Consciouscarats Private Limited, Dialtin Jewels Private Limited, all in the Consumer Products industry (Watches and Jewellery Manufacturers), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).
Ghanshyambhai Pannalalji Ramawat was appointed as Director on 20 Feb 2023. Prakash Maneklal Kansara was appointed as Director on 11 Dec 2014. Vishal Janakrai Gorakh was appointed as Director on 11 Dec 2014.
The registered office of Vitraag (India) is at 802 8th Floor Plot – 21 Panchratna Mama Parmanand Marg Opera House Girgoan, Mumbai, Maharashtra, India – 400004.
Vitraag (India) operates in the consumer goods industry, in the watches and jewelry manufacturing segment.