India's Richest People 2026 edition · 1 director · Source: Hurun India
- #678 Vayu Ramesh Garware ₹4,700 Cr
Vmir Investment Private Limited
Vmir Investment Private Limited - financial services in Pune, Maharashtra, India. FY 2026 financials & compliance.
Active Private Limited Company financial services
Revenue · FY 2025
₹1.8 Cr
▲ 220% YoY
Net profit · FY 2025
₹1.78 Cr
Net margin 98.7%
EBITDA · FY 2025
₹1.78 Cr
EBITDA margin 98.5%
Authorised capital
₹3.01 Cr
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Company age
30 yrs
Est. 1996
Directors on board
4
As per MCA filings
Last financials
Mar 2025
Balance sheet date
About Vmir Investment Private Limited
Data last updated:
Vmir Investment Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 28 October 1996 and has been in existence for over 30 years.
Its director Vayu Ramesh Garware is #678 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U65900MH1996PTC103544.
The company has an authorised share capital of ₹3.01 Cr and a paid-up capital of ₹5 Lakh. It was formerly known as Garware Utzon Cordage Limited. It is led by directors including Vasant Suryakant Sardesai and Milind Anant Kamat.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Office No. 211 Building – A Jai Ganesh Vision Akurdi, Pune, Maharashtra, India – 411035.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.8 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.78 Cr (net margin 98.7%) and EBITDA of ₹1.78 Cr (EBITDA margin 98.5%). Revenue has declined at a compounded annual rate (CAGR) of 68% over three years and 6% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U65900MH1996PTC103544
Registration Number 103544
Incorporation Date 28 October 1996
ROC Pune
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
Name history
Vmir Investment has undergone 2 name changes throughout its history. The company was previously known as Garware Utzon Cordage Limited, and Vmir Investment Private Limited. The current legal name is Vmir Investment Private Limited.
| Company Name | Status |
|---|---|
| Vmir Investment Private Limited | Current |
| Garware Utzon Cordage Limited | Previous |
CIN history
Vmir Investment has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U65900MH1996PTC103544, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65900MH1996PTC103544 | Current |
| U25209MH1996PLC103544 | Previous |
| U65900MH1996PLC103544 | Previous |
Key People
Vasant Suryakant Sardesai Director Milind Anant Kamat Director Shrikant Pandharinath Kulkarni Director Recognitions & Rankings of Vmir Investment
Contact details
Vmir Investment Private Limited's registered office is in Pune, Maharashtra.
- Registered AddressOffice No. 211 Building – A Jai Ganesh Vision Akurdi, Pune, Maharashtra, India – 411035
- IndustryFinancial Services, Financial Activities
Comprehensive company report
Vmir Investment 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 Vmir Investment is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Vmir Investment Private Limited, buy the company report.
Financials of Vmir Investment Private Limited
FY 2025 filings availableVmir Investment Private Limited reported revenue of ₹1.8 Cr (up 220% YoY) for FY 2025.
Revenue · FY 2025
₹1.8 Cr ▲ 220%
Net profit · FY 2025
₹1.78 Cr margin 98.7%
EBITDA · FY 2025
₹1.78 Cr margin 98.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 220%
3 years · compounded
▲ 68%
5 years · compounded
▼ 6%
EBITDA CAGR growth
1 year
▲ 220%
3 years · compounded
▲ 69%
5 years · compounded
▼ 6%
Revenue rose 220% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 6%. EBITDA rose 220% 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 | ₹1.78 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.78 Cr | ||||
| Balance Sheet | |||||
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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 | 98.5% | ||||
| Net Profit Margin | 98.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
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To see the full financial statements and ratios of Vmir Investment Private Limited, buy the company report.
Board of directors of Vmir Investment Private Limited
Vmir Investment has 4 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vasant Suryakant Sardesai Also directs: VRG Investments Private Limited, Starshine Comtrade Private Limited, Manmit Investments and Trading Co Pvt Ltd and 5 more | Director | 01 Mar 2012 | 14 Years 8 Months | Current |
| Milind Anant Kamat Also directs: VRG Business Ventures Private Limited, VRG Investments Private Limited, Starshine Comtrade Private Limited and 5 more | Director | 01 Mar 2012 | 14 Years 8 Months | Current |
| Shrikant Pandharinath Kulkarni Also directs: Deshmukh and Co (Publishers) Pvt Ltd, VRG Business Ventures Private Limited, VRG Investments Private Limited and 5 more | Director | 26 Dec 2024 | 1 Years 10 Months | Current |
| Vayu Ramesh Garware Also directs: VRG Investments Private Limited, Starshine Comtrade Private Limited, Manmit Investments and Trading Co Pvt Ltd and 5 more | Director | 28 Feb 2014 | 12 Years 8 Months | Current |
Peer comparison
Vmir Investment Private Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (Other Financial Services), with the same principal business activity (activities auxiliary to financial service and insurance activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Unitel Finance and Investments Private Limited | ₹1.81 Cr (FY 2025) | 75.0% | Mumbai, Maharashtra, India | |||
| Vmir Investment Private Limitedthis company | ₹1.8 Cr (FY 2025) | ₹1.78 Cr | 98.7% | 220.0% | Pune, Maharashtra, India | |
| Bhansali Innovative Finance Private Limited | ₹1.8 Cr (FY 2025) | -63.0% | Mumbai, Maharashtra, India | |||
| R Life Advisory Services Private Limited | ₹1.8 Cr (FY 2025) | -18.0% | Pune, Maharashtra, India |
To see the full peer comparison of Vmir Investment Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Vmir Investment 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 Vmir Investment Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Vmir Investment Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Vmir Investment Private Limited has 12 board changes on record since 2012: 4 appointments and 8 cessations. The latest: Shrikant Pandharinath Kulkarni ceased to be Additional Director on 29 Sep 2025.
AGM
Vmir Investment Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Shrikant Pandharinath Kulkarni ceased to be Additional Director.
Filing
Vmir Investment Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Appointed
Shrikant Pandharinath Kulkarni was appointed as Director.
Ceased
Santosh Shrikrishna Purohit ceased to be Additional Director.
Ceased
Vayu Ramesh Garware ceased to be Director Appointed In Casual Vacancy.
Appointed
Vayu Ramesh Garware was appointed as Director.
Ceased
Ramesh Manjnath Telang ceased to be Director.
Ceased
Milind Anant Kamat ceased to be Additional Director.
Ceased
Vasant Suryakant Sardesai ceased to be Additional Director.
Ceased
Ramesh Bhalchandra Garware ceased to be Director.
Ceased
Shripad Mukund Kuvelker ceased to be Director.
3 earlier events are in the company report.
Frequently asked questions
Vmir Investment is an active private limited company based in Pune, Maharashtra, India. The company works in financial activities, within the financial services industry. It was incorporated on 28 October 1996 (30+ years old) and is registered under CIN U65900MH1996PTC103544.
Vmir Investment has 4 current directors:
- Vasant Suryakant Sardesai - Director
- Milind Anant Kamat - Director
- Shrikant Pandharinath Kulkarni - Director
- Vayu Ramesh Garware - Director
The latest financial statements of Vmir Investment on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Vmir Investment is U65900MH1996PTC103544. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vmir Investment was incorporated on 28 October 1996, making it 30+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Vmir Investment by revenue are Unitel Finance and Investments Private Limited, Bhansali Innovative Finance Private Limited, R Life Advisory Services Private Limited, all in the BFSI industry (Other Financial Services), with the same principal business activity (activities auxiliary to financial service and insurance activities).
Shrikant Pandharinath Kulkarni ceased to be Additional Director on 29 Sep 2025. Shrikant Pandharinath Kulkarni was appointed as Director on 26 Dec 2024. Santosh Shrikrishna Purohit ceased to be Additional Director on 29 Sep 2015. Vmir Investment has 12 board changes on record in total.
The registered office of Vmir Investment is at Office No. 211 Building – A Jai Ganesh Vision Akurdi, Pune, Maharashtra, India – 411035.
Vmir Investment operates in the financial services industry, in the financial activities segment.
The compliance status of Vmir Investment is compliant as of 12 September 2026. The company is actively filing with the Registrar of Companies.
Yes. Vmir Investment was formerly known as Garware Utzon Cordage Limited.
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