Vaz Forwarding Limited
About Vaz Forwarding Limited
Data last updated:
Vaz Forwarding Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 10 March 1977 and has been in existence for over 49 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U99999MH1977PLC019547. Its GSTIN is 27AAACV3761G2ZA (Maharashtra). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors including Nigel Robert Vaz and John Manuvel Gonsalves.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.35 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net loss of ₹64.09 Lakh (net margin -47.6%) and EBITDA of -₹25.46 Lakh (EBITDA margin -18.9%). Revenue has declined at a compounded annual rate (CAGR) of 18% over three years and 5% over five years.
Its group structure includes 2 subsidiaries.
As per MCA filings, the company has satisfied charges of ₹14.03 Cr on record. Court records list 19 cases involving the company, including 9 filed by the company and 10 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Vaz Forwarding has one previous CIN (Corporate Identification Number): U99999MH1977PTC019547. The current CIN is U99999MH1977PLC019547, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U99999MH1977PLC019547 | Current |
| U99999MH1977PTC019547 | Previous |
Contact details
Vaz Forwarding Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressWakefield House 3rd Floor 11 Sprott Road Ballard Estate Between Customs & Darabsh, Aw House, Mumbai, Maharashtra, India – 400001
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Vaz Forwarding 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 Vaz Forwarding is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Vaz Forwarding Limited, buy the company report.
Financials of Vaz Forwarding Limited
FY 2025 filings availableVaz Forwarding Limited reported revenue of ₹1.35 Cr (down 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 5% over five years, including a 3% fall in the latest year. EBITDA rose 35% 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 | -₹25.46 Lakh | ||||
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| Net Profit (PAT) | -₹64.09 Lakh | ||||
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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 | -18.9% | ||||
| Net Profit Margin | -47.6% | ||||
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To see the full financial statements and ratios of Vaz Forwarding Limited, buy the company report.
Board of directors of Vaz Forwarding Limited
Vaz Forwarding has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nigel Robert Vaz Also directs: Belmont Properties Limited, Mark Movers Private Limited | Director | 11 Jan 2016 | 10 Years 9 Months | Current |
| John Manuvel Gonsalves Also directs: Belmont Properties Limited | Director | 17 Apr 2019 | 7 Years 6 Months | Current |
| Marlene Winston Vaz Also directs: Belmont Properties Limited, Mark Movers Private Limited | Director | 05 Jan 2016 | 10 Years 9 Months | Current |
Peer comparison
Vaz Forwarding Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Three Ayee Consulting & Venture Management Private Limited | ₹1.35 Cr (FY 2025) | 88.0% | Gurgaon, Haryana, India | |||
| Shiv Dass and Sons Private Limited | ₹1.35 Cr (FY 2025) | 53.0% | Delhi, India | |||
| Vaz Forwarding Limitedthis company | ₹1.35 Cr (FY 2025) | -₹64.09 Lakh | -47.6% | -3.0% | Mumbai, Maharashtra, India | |
| Om Apartments Private Limited | ₹1.34 Cr (FY 2024) | 4.0% | New Delhi, Delhi, India |
To see the full peer comparison of Vaz Forwarding Limited, buy the company report.
Auditor
Vaz Forwarding Limited is audited by THAKUR VAIDYANATH AIYAR & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| THAKUR VAIDYANATH AIYAR & CO | FY 2019 | 000038N |
Shareholding
The shareholding of Vaz Forwarding Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Vaz Forwarding Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Jun 2006 | 10009487 | State Bank of India | ₹50 Lakh | Satisfied | |
| 22 Jun 2006 | 10009512 | State Bank of India | ₹50 Lakh | Satisfied | |
| 14 Jul 1999 | 90387473 | Bank Muscat Internationa Lsoag | ₹1 Cr | Satisfied | |
| 14 Sep 1998 | 90376267 | The Saraswat Co- Op. Bank Ltd. | ₹5 Lakh | Satisfied | |
| 11 Apr 1998 | 90387392 | Union Bank of India | ₹15 Lakh | Satisfied |
To see the full charge records of Vaz Forwarding Limited, buy the company report.
Total charge records: 11 View all charges
Legal cases
Vaz Forwarding Limited has 19 court cases on record: 9 filed by Vaz Forwarding, 10 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 7 | 0 |
| High courts | 9 | 3 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed by the company against Belmont Properties Ltd and 1 other | Disposed |
| District court, BENGALURU, Karnataka | Criminal case | Filed against the company by Ms.Clipper Voyages Pvt. Ltd | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMONS CASES SS) | Filed against the company by Assistant Registrar of Companies | Disposed |
| District court, Mah State Cooperative Appellat, Maharashtra | Appeal | Filed by the company against Atlanta Premises Co-Operative Society Ltd. | Disposed |
| High Court, GUJARAT | Court case (TAXAP) | Filed against the company by Commissioner of Customs | Disposed |
To see the full case history of Vaz Forwarding 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 Vaz Forwarding Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Vaz Forwarding has 2 subsidiary companies. This group structure data is as of FY 2019. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Belmont Properties Limited | U70100MH1979PLC021230 | |
| Topcon Developers Private Limited | U70102KA1991PTC012429 |
To see the full group structure of Vaz Forwarding Limited, buy the company report.
GST
Vaz Forwarding has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACV3761G2ZA | Maharashtra | Active | 03 Oct 2017 |
To see the full GST registrations and return filing status of Vaz Forwarding Limited, buy the company report.
Recent activity
Vaz Forwarding Limited has 9 board changes on record since 2015: 3 appointments and 6 cessations. The latest: John Manuvel Gonsalves ceased to be Additional Director on 30 Sep 2019.
25 earlier events are in the company report.
Frequently asked questions
Vaz Forwarding is an active public limited company based in Mumbai, Maharashtra, India. The company works in real estate financing, within the financial services industry. It was incorporated on 10 March 1977 (49+ years old) and is registered under CIN U99999MH1977PLC019547.
Vaz Forwarding has 3 current directors:
- Nigel Robert Vaz - Director
- John Manuvel Gonsalves - Director
- Marlene Winston Vaz - Director
The latest financial statements of Vaz Forwarding 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 GSTIN of Vaz Forwarding is 27AAACV3761G2ZA, registered in Maharashtra. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Vaz Forwarding is U99999MH1977PLC019547. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vaz Forwarding has 19 court cases on record: 9 filed by the company and 10 filed against it. Most are in the district courts.
Vaz Forwarding was incorporated on 10 March 1977, making it 49+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Vaz Forwarding by revenue are Three Ayee Consulting & Venture Management Private Limited, Shiv Dass and Sons Private Limited, Om Apartments Private Limited, all in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property).
John Manuvel Gonsalves ceased to be Additional Director on 30 Sep 2019. John Manuvel Gonsalves was appointed as Director on 17 Apr 2019. Winston Gregory Vaz ceased to be Director on 17 Apr 2019. Vaz Forwarding has 9 board changes on record in total.
The registered office of Vaz Forwarding is at Wakefield House 3rd Floor 11 Sprott Road Ballard Estate Between Customs & Darabsh, Aw House, Mumbai, Maharashtra, India – 400001.
Vaz Forwarding operates in the financial services industry, in the real estate financing segment.