About Alphavector (India)Private Limited
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Alphavector (India)Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the fashion retail segment of the fashion and textiles sector. It was incorporated on 20 August 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51909GJ1987PTC009908. Its GSTIN is 24AADCA2897D2ZT (Gujarat). The company holds 6 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹97.85 Lakh. It is led by directors including Sachin Ramesh Chopra and Vishal Ramesh Chopra.
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 Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹236.06 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net loss of ₹20.74 Cr (net margin -8.8%) and EBITDA of -₹10.67 Cr (EBITDA margin -4.5%).
The company has about 101 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Ninety One. As per MCA filings, the company has open charges of ₹153.16 Cr and satisfied charges of ₹32 Cr on record. Court records list 31 cases involving the company, including 15 filed by the company and 16 filed against it; 12 cases are pending. The company has 16 deals on record (8 funding rounds, 4 secondary share transfers, 2 rights issues), with disclosed funding of ₹255.11 Cr; the latest was in March 2024. The company has 13 MSME Form 1 returns on record between 2019 and 2024, listing 998 overdue payments to 117 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website alphavector.in.
Company details
Contact details
Alphavector (India)Private Limited's registered office is in Ahmedabad, Gujarat. Its website is alphavector.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address101 – 108 10th Floor City Centre Swastik Cross Road C.G Road Navrangpur, A, Ahmedabad, Gujarat, India – 380009
- IndustryFashion and Textile, Fashion Retail
To see the full contact details of Alphavector (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
Brands
Alphavector (India) operates one associated brand: Ninety One. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Ninety One is engaged in selling bicycles and fitness equipment. | outdoors91.com |
Business activity
The main business activity of Alphavector (India) is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Alphavector (India)Private Limited, buy the company report.
Financials of Alphavector (India)Private Limited
FY 2025 filings availableAlphavector (India)Private Limited reported revenue of ₹236.06 Cr (up 18% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 18% in the latest 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹236.06 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹10.67 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹20.74 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -4.5% | ||||
| Net Profit Margin | -8.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Alphavector (India)Private Limited, buy the company report.
Board of directors of Alphavector (India)Private Limited
Alphavector (India) has 7 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinay Singh Also directs: Fireside Investment Advisory LLP, Fireside Ventures Management LLP, Fireside Ventures Advisory LLP and 5 more | Nominee Director | 19 Sep 2018 | 8 Years 1 Months | Current |
| Sachin Ramesh Chopra | Director | 04 Oct 2014 | 12 Years 0 Months | Current |
| Vishal Ramesh Chopra | Director | 04 Oct 2014 | 12 Years 0 Months | Current |
| Ramesh Bankaram Chopra | Director | 06 Feb 2020 | 6 Years 8 Months | Current |
| Sandeep Singhal | Nominee Director | 26 Nov 2021 | 4 Years 10 Months | Current |
| Satish Bankaram Chopra | Director | 26 Oct 2021 | 4 Years 11 Months | Current |
Auditor
Alphavector (India)Private Limited is audited by B S R & Co. LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & Co. LLP | FY 2025 | 101248W/W-100022 |
Shareholding
The shareholding of Alphavector (India)Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Alphavector (India)Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Jul 2024 | 100961368 | Axis Bank Limited | ₹1.16 Cr | Open | |
| 04 Jul 2024 | 100953727 | Hdfc Bank Limited | ₹9.5 Cr | Open | |
| 18 Oct 2022 | 100640092 | Hdfc Bank Limited | ₹37.5 Cr | Open | |
| 27 Sep 2022 | 100619108 | Axis Bank Limited | ₹25 Cr | Open | |
| 30 Mar 2022 | 100563153 | Hdfc Bank Limited | ₹80 Cr | Open |
To see the full charge records of Alphavector (India)Private Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Alphavector (India)Private Limited has 16 deals on record (8 funding rounds, 4 secondary share transfers, 2 rights issues), with disclosed funding of ₹255.11 Cr; the latest was in March 2024.
Deals on record (5 of 16)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: A91 Partners Seller: Avaana Capital |
| Dec 2021 | Secondary share transfer | Undisclosed | Buyer: A91 Partners Seller: an individual |
| Nov 2021 | Secondary share transfer | Undisclosed | Buyer: A91 Partners Seller: Ramesh Bankaram Chopra, Satish Bankaram Chopra, Fireside Ventures |
| May 2021 | Debt financing | ₹20 Cr | Investors: Alteria Capital |
| Mar 2018 | Funding round · Series A | ₹5.11 Cr | Investors: Fireside Ventures |
To see the full deal history of Alphavector (India)Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Alphavector (India)Private Limited has 31 court cases on record: 15 filed by Alphavector (India), 16 filed against it. 12 cases are pending and 19 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 16 | 12 | 4 |
| District courts | 15 | 4 | 8 |
Cases on record (5 of 31)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (C.O. (COMM.IPD-TM)) | Filed by the company against Wynd Motors Private Limited & Anr. | Pending |
| High Court of Delhi | Commercial suit | Filed by the company against Wynd Motors Private Limited | Pending |
| District court, Calcutta, West Bengal | Court case (CNS) | Filed against the company by M/S Stitchfab India Pvt Ltd | Pending |
| District court, South East, Delhi | Commercial suit | Filed against the company by Gurdashmesh Cycles Pvt Ltd | Disposed |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed by the company against an individual | Pending |
To see the full case history of Alphavector (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
Alphavector (India)Private Limited has 13 MSME Form 1 returns on record between 2019 and 2024, listing 998 overdue payments to 117 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 117)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| New Modern Steel Industries (India) | |||
| an individual supplier | |||
| an individual supplier | |||
| Chopra Engineers | |||
| Amrik Cycle Industries |
To see the full MSME payment records of Alphavector (India)Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Alphavector (India) has 1 associated company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
Employees & EPFO
Alphavector (India)Private Limited has a workforce of 101 employees on its EPFO records as of Sep 25, 2025, across 1 active EPFO establishment.
GST
Alphavector (India) has 6 GST registrations: 5 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCA2897D2ZT | Gujarat | Active | 04 Jun 2018 |
| 24AADCA2897D3ZS | Gujarat | Active | 01 May 2022 |
| 27AADCA2897D1ZO | Maharashtra | Active | 01 Jul 2017 |
| 03AADCA2897D1ZY | Punjab | Active | 20 Dec 2019 |
To see the full GST registrations and return filing status of Alphavector (India)Private Limited, buy the company report.
Recent activity
Alphavector (India)Private Limited has 15 board changes on record since 2014: 7 appointments and 8 cessations. The latest: Vinay Singh ceased to be Director on 29 Jan 2025.
20 earlier events are in the company report.
News
Frequently asked questions
Alphavector (India) is an active private limited company based in Ahmedabad, Gujarat, India. The company works in fashion retail, within the fashion and textile industry. It was incorporated on 20 August 1987 (39+ years old) and is registered under CIN U51909GJ1987PTC009908.
Alphavector (India) has 7 current directors:
- Vinay Singh - Nominee Director
- Sachin Ramesh Chopra - Director
- Vishal Ramesh Chopra - Director
- Ramesh Bankaram Chopra - Director
- Sandeep Singhal - Nominee Director
- Satish Bankaram Chopra - Director
- Bharadwaj Thiruvenkata Venkatavaraghavan - Nominee Director
The latest financial statements of Alphavector (India) 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.
The GSTIN of Alphavector (India) is 24AADCA2897D2ZT, registered in Gujarat. The company has 6 GST registrations in all, of which 5 are active and 1 is cancelled or inactive. Other active GSTINs include 24AADCA2897D3ZS (Gujarat), 27AADCA2897D1ZO (Maharashtra), 03AADCA2897D1ZY (Punjab).
The CIN (Corporate Identification Number) of Alphavector (India) is U51909GJ1987PTC009908. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Alphavector (India) has 31 court cases on record: 15 filed by the company and 16 filed against it. 12 are pending. Most are in the high courts.
Alphavector (India) was incorporated on 20 August 1987, making it 39+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Alphavector (India) has 16 deals on record (8 funding rounds, 4 secondary share transfers, 2 rights issues), with disclosed funding of ₹255.11 Cr; the latest was in March 2024.
Vinay Singh ceased to be Director on 29 Jan 2025. Sandeep Singhal ceased to be Additional Director on 02 Feb 2022. Sandeep Singhal was appointed as Nominee Director on 26 Nov 2021. Alphavector (India) has 15 board changes on record in total.
Alphavector (India) has 13 MSME Form 1 returns on record between 2019 and 2024, listing 998 overdue payments to 117 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Alphavector (India) can be reached through the website alphavector.in. Its registered office is in Ahmedabad, Gujarat, India.