- #536 Vivek Saraogi & family ₹6,400 Cr

VM Vinimay Private Limited
About VM Vinimay Private Limited
Data last updated:
VM Vinimay Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 25 November 2009 and has been in existence for over 17 years.
Its director Vivek Saraogi and family are #536 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909WB2009PTC139715. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹13.36 Cr. It is led by directors including Jayesh Vora and Sumedha Saraogi.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 504 Woodburn Central 5th Floor 5A Bibhabati Bose Sarani, Kolkata, West Bengal, India – 700020.
As per the financials filed for FY 2025, the company reported a revenue of ₹70.53 Cr, a decline of 21% compared to the previous year. For the same year it recorded a net profit of ₹39.86 Cr (net margin 56.5%) and EBITDA of ₹54.25 Cr (EBITDA margin 76.9%). Revenue has grown at a compounded annual rate (CAGR) of 217% over three years and 796% over five years.
Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Recognitions & Rankings of VM Vinimay
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address504 Woodburn Central 5th Floor 5A Bibhabati Bose Sarani, Kolkata, West Bengal, India – 700020
- IndustryFinancial Services, Financial Activities
- 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
- One PDF report, delivered after checkout
Business Activity
The main business activity of VM Vinimay is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Financials of VM Vinimay Private Limited
FY 2025 filings availableVM Vinimay Private Limited reported revenue of ₹70.53 Cr (down 21% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 21% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 796%. EBITDA fell 25% 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 2020-21 to FY 2023-24in the company report |
|---|---|---|
| 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 | ₹54.25 Cr | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | ₹39.86 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 2020-21 to FY 2023-24in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 76.9% | |
| Net Profit Margin | 56.5% | |
| 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 | •••• | |
Paid data: the figures shown as dots, and every line for FY 2020-21 to FY 2023-24, are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of VM Vinimay are in the company report.
: available in the company report
Board of Directors of VM Vinimay Private Limited
VM Vinimay has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jayesh Vora Also directs: Novel Suppliers Pvt Ltd, Neoworth Commercial Pvt Ltd, Meenakshi Mercantiles Ltd and 5 more | Director | 23 Jun 2022 | 4 Years 3 Months | Current |
| Sumedha Saraogi Also directs: Meenakshi Mercantiles Ltd | Director | 21 Sep 2015 | 11 Years 1 Months | Current |
| Vivek Saraogi Also directs: Balrampur Chini Mills Ltd, Novel Suppliers Pvt Ltd, Neoworth Commercial Pvt Ltd and 1 more | Director | 25 Nov 2009 | 16 Years 10 Months | Current |
Peer Comparison
VM Vinimay Private Limited is compared with the companies closest to it by revenue in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Muthoot Vehicle & Asset Finance Limited | ₹71.25 Cr (FY 2019) | •••• | •••• | 30.0% | •••• | Ernakulam, Kerala, India |
| Volvo Financial Services (India) Private Limited | ₹71.04 Cr (FY 2019) | •••• | •••• | 10.0% | •••• | Bangalore, Karnataka, India |
| Sirohi Investment Private Limited | ₹70.99 Cr (FY 2025) | •••• | •••• | 1089.0% | •••• | New Delhi, Delhi, India |
| Jinvani Trading & Investment Company Pvt Ltd | ₹70.77 Cr (FY 2022) | •••• | •••• | -67.0% | •••• | Bengaluru, Karnataka, India |
| DGP Securities Limited | ₹70.65 Cr (FY 2025) | •••• | •••• | 534.0% | •••• | Mumbai, Maharashtra, India |
| VM Vinimay Private Limited this company | ₹70.53 Cr (FY 2025) | •••• | •••• | -21.0% | •••• | Kolkata, West Bengal, India |
| D.Devaraj Urs Backward Classes Development Corporation Limited | ₹70.33 Cr (FY 2023) | •••• | •••• | 78.0% | •••• | Bangalore, Karnataka, India |
| Anadi Investments Pvt Ltd | ₹69.94 Cr (FY 2022) | •••• | •••• | 2.0% | •••• | Punjab, India |
| Nomura Capital (India) Private Limited | ₹69.41 Cr (FY 2018) | •••• | •••• | -3.0% | •••• | Mumbai, Maharashtra, India |
Peers are the companies nearest to VM Vinimay by revenue, above and below it, in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details
VM Vinimay Private Limited is audited by MAROTI & ASSOCIATES for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MAROTI & ASSOCIATES | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
VM Vinimay Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases
VM Vinimay Private Limited has 2 court cases on record: 2 filed by VM Vinimay. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Kolkata | Court case (C.P.(CAA)) | Filed by the company | Disposed |
| NCLT, Kolkata | Court case (C.A.(CAA)) | Filed by the company | Disposed |
: available in 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.
Employees and EPFO Compliance
Employment history and EPFO contributions of people linked to VM Vinimay.
: available in the company report
Recent Activity
VM Vinimay Private Limited has 6 board changes on record since 2009: 3 appointments and 3 cessations. The latest: Jayesh Vora ceased to be Additional Director on 12 Sep 2022.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
VM Vinimay has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
VM Vinimay is an active private limited company based in Kolkata, West Bengal, India. The company works in financial activities, within the financial services industry. It was incorporated on 25 November 2009 (17+ years old) and is registered under CIN U51909WB2009PTC139715.
VM Vinimay has 3 current directors:
- Jayesh Vora - Director
- Sumedha Saraogi - Director
- Vivek Saraogi - Director
The latest financial statements of VM Vinimay on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
No. VM Vinimay has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of VM Vinimay is U51909WB2009PTC139715. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
VM Vinimay has 2 court cases on record: 2 filed by the company.
VM Vinimay was incorporated on 25 November 2009, making it 17+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of VM Vinimay by revenue are Muthoot Vehicle & Asset Finance Limited, Volvo Financial Services (India) Private Limited, Sirohi Investment Private Limited, Jinvani Trading & Investment Company Pvt Ltd, DGP Securities Limited and 3 more, all in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities).
Jayesh Vora ceased to be Additional Director on 12 Sep 2022. Jayesh Vora was appointed as Director on 23 Jun 2022. Sumedha Saraogi ceased to be Additional Director on 26 Sep 2016. VM Vinimay has 6 board changes on record in total.
The registered office of VM Vinimay is at 504 Woodburn Central 5th Floor 5A Bibhabati Bose Sarani, Kolkata, West Bengal, India – 700020.
VM Vinimay operates in the financial services industry, in the financial activities segment.