India's Richest People 2026 edition · 1 director · Source: Hurun India
- #307 Ashok Minda & family ₹12,300 Cr
Revenue · FY 2025
₹1,556.59 Cr
▲ 15% YoY
Net profit · FY 2025
₹86.46 Cr
Net margin 5.6%
EBITDA · FY 2025
₹241.75 Cr
EBITDA margin 15.5%
Authorised capital
₹66 Cr
Registered with MCA
Paid-up capital
₹5.21 Cr
Issued & subscribed
Open charges
₹599.39 Cr
Satisfied ₹565.78 Cr
Company age
37 yrs
Est. 1989
Directors on board
5
As per MCA filings
About Flash Electronics (India) Private Limited
Data last updated:
Flash Electronics (India) Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 26 October 1989 and has been in existence for over 37 years.
Its director Ashok Minda and family are #307 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1989PTC038169. Its GSTIN is 06AAACF1538P1ZH (Haryana). The company holds 5 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹66 Cr and a paid-up capital of ₹5.21 Cr. It is led by directors including Sanjeev Vasdev (Managing Director) and Sanjay Vidhyadhar Deshpande (Whole-Time Director).
Its last annual general meeting (AGM) was held on 08 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 202 Westren Avenue Sainik Farms, New Delhi, Delhi, India – 110062.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,556.59 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹86.46 Cr (net margin 5.6%) and EBITDA of ₹241.75 Cr (EBITDA margin 15.5%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 14% over five years.
Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Flash Group. As per MCA filings, the company has open charges of ₹599.39 Cr and satisfied charges of ₹565.78 Cr on record. Court records list 28 cases involving the company, including 15 filed by the company and 13 filed against it; 6 cases are pending. The company has 13 deals on record (8 secondary share transfers, 4 funding rounds, 1 convertible or debt financing), with disclosed funding of ₹109.82 Cr; the latest was in March 2024. The company has 10 MSME Form 1 returns on record between 2020 and 2024, listing 1,433 overdue payments to 551 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 flashgroup.in.
Company details
CIN U74899DL1989PTC038169
Registration Number 038169
Incorporation Date 26 October 1989
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 08 August 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Key People
Sanjeev Vasdev Managing Director Sanjay Vidhyadhar Deshpande Whole-Time Director Gaurav Vasdev Director Recognitions & Rankings of Flash Electronics (India)
Contact details
Flash Electronics (India) Private Limited's registered office is in New Delhi, Delhi. Its website is flashgroup.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address202 Westren Avenue Sainik Farms, New Delhi, Delhi, India – 110062
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Flash Electronics (India) Private Limited, buy the company report.
Comprehensive company report
Flash Electronics (India) 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Flash Electronics (India) operates one associated brand: Flash Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of major auto components to automotive OEMs | flashgroup.in |
Business activity
The main business activity of Flash Electronics (India) is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Flash Electronics (India) Private Limited, buy the company report.
Financials of Flash Electronics (India) Private Limited
FY 2025 filings availableFlash Electronics (India) Private Limited reported revenue of ₹1,556.59 Cr (up 15% YoY) for FY 2025.
Revenue · FY 2025
₹1,556.59 Cr ▲ 15%
Net profit · FY 2025
₹86.46 Cr margin 5.6%
EBITDA · FY 2025
₹241.75 Cr margin 15.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 15%
3 years · compounded
▲ 15%
5 years · compounded
▲ 14%
EBITDA CAGR growth
1 year
▲ 16%
3 years · compounded
▲ 29%
5 years · compounded
▲ 23%
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 15% growth in the latest year. EBITDA rose 16% 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 |
|---|---|---|---|---|---|
| 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 | ₹241.75 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹86.46 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.5% | ||||
| Net Profit Margin | 5.6% | ||||
| 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 | |||||
To see the full financial statements and ratios of Flash Electronics (India) Private Limited, buy the company report.
Board of directors of Flash Electronics (India) Private Limited
Flash Electronics (India) has 5 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjeev Vasdev | Managing Director | 26 Oct 1989 | 36 Years 11 Months | Current |
| Gaurav Vasdev | Director | 24 Feb 2024 | 2 Years 8 Months | Current |
| Ashok Minda Also directs: Minda Corporation Limited, Minda Capital Private Limited, Minda Vast Access Systems Private Limited and 3 more | Director | 25 Jan 2025 | 1 Years 8 Months | Current |
| Sanjay Vidhyadhar Deshpande | Whole-Time Director | 25 Aug 2021 | 5 Years 1 Months | Current |
| Aakash Minda Also directs: Minda Corporation Limited, Minda Capital Private Limited, Minda Spectrum Advisory Limited. and 4 more | Director | 25 Jan 2025 | 1 Years 8 Months | Current |
Shareholding
The shareholding of Flash Electronics (India) Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Flash Electronics (India) Private Limited, buy the company report.
Charges & borrowings
Open charges
₹599.39 Cr
Satisfied charges
₹565.78 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Aug 2025 | 101136512 | Axis Bank Limited | ₹178.04 Cr | Open | |
| 11 Mar 2025 | 101066899 | Hdfc Bank Limited | ₹40 Cr | Open | |
| 30 Oct 2024 | 101005225 | Others | ₹25 Lakh | Open | |
| 10 Oct 2024 | 100988996 | Hdfc Bank Limited | ₹45.75 Lakh | Open | |
| 26 Mar 2024 | 100900412 | Hdfc Bank Limited | ₹1.52 Cr | Open |
To see the full charge records of Flash Electronics (India) Private Limited, buy the company report.
Total charge records: 62 View all charges
Deals & funding
Flash Electronics (India) Private Limited has 13 deals on record (8 secondary share transfers, 4 funding rounds, 1 convertible or debt financing), with disclosed funding of ₹109.82 Cr; the latest was in March 2024.
Total deals
13
Secondary share transfers
8
Funding rounds
4
Convertible or debt financing
1
Disclosed funding
₹109.82 Cr
Deals on record (5 of 13)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: DMI Sparkle Fund Seller: Dmi Finance Private Limited |
| Jan 2019 | Secondary share transfer | Undisclosed | Buyer: Dmi Finance Private Limited , Flash Capital Private Limited , an individual Seller: Renson India, 2 individuals |
| Jan 2015 | Secondary share transfer | Undisclosed | Buyer: Renson India Seller: SIDBI Ventures |
| Jan 2015 | Secondary share transfer | Undisclosed | Seller: SIDBI Ventures |
| Dec 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 3 individuals |
To see the full deal history of Flash Electronics (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
Flash Electronics (India) Private Limited has 28 court cases on record: 15 filed by Flash Electronics (India), 13 filed against it. 6 cases are pending and 22 are disposed.
Total cases
28
Filed by the company
15
Filed against the company
13
Pending
6
Disposed
22
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 25 | 12 | 4 |
| High courts | 3 | 1 | 2 |
Cases on record (5 of 28)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (REVN) | Filed against the company by M/S. Robosoft Solution Pvt. Ltd. and Anr | Pending |
| District court, Faridabad, Haryana | Court case (C M APPLI) | Filed by the company against M/S Cabcon India Private Limited and 3 others | Disposed |
| District court, Faridabad, Haryana | Commercial suit | Filed by the company against Cabcon India Pvt Ltd and 12 others | Disposed |
| District court, Faridabad, Haryana | Court case (C S) | Filed by the company against M/S Cabcon India Private Limited and 14 others | Disposed |
| District court, Ahmedabad, Gujarat | Court case (SMST R) | Filed against the company by Countrywide Logistics India Pvt Ltd Through Hasmukhbhai Haribhai Rathod | Disposed |
To see the full case history of Flash Electronics (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.
Credit ratings & regulatory alerts
Flash Electronics (India) Private Limited was last rated by Care on 07 Mar 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 07 Mar 2022 |
To see the full credit ratings and regulatory alerts of Flash Electronics (India) Private Limited, buy the company report.
MSME payment delays
Flash Electronics (India) Private Limited has 10 MSME Form 1 returns on record between 2020 and 2024, listing 1,433 overdue payments to 551 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 551)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Shini Plastics Technologies (India) Private Limited | |||
| Vijaydeep Mould Accessories Private Limited | |||
| an individual supplier | |||
| Creative Power & Control | |||
| Intelligent Motion Technology Private Limited |
To see the full MSME payment records of Flash Electronics (India) Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Flash Electronics (India) has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Flash Viven Machining Technologies Private Limited | U29253DL2013PTC256198 |
To see the full group structure of Flash Electronics (India) Private Limited, buy the company report.
GST
Flash Electronics (India) has 5 GST registrations: 4 active and 1 cancelled or inactive.
Total GSTINs
5
Active
4
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAACF1538P1ZH | Haryana | Active | 01 Jul 2017 |
| 27AAACF1538P1ZD | Maharashtra | Active | 01 Jul 2017 |
| 06AAACF1538P2ZG | Haryana | Active | 29 Jul 2017 |
| 05AAACF1538P1ZJ | Uttarakhand | Active | 23 Jun 2018 |
To see the full GST registrations and return filing status of Flash Electronics (India) Private Limited, buy the company report.
Recent activity
Flash Electronics (India) Private Limited has 17 board changes on record since 1989: 6 appointments and 11 cessations. The latest: Aakash Minda was appointed as Director on 25 Jan 2025.
AGM
Flash Electronics (India) Private Limited last Annual general meeting of members was held on 08 Aug 2025 as per latest MCA records.
Charges
A charge registered on 01 Aug 2019 via Charge ID 100279039 with Others was fully satisfied on 06 Aug 2025.
Charges
A charge with Axis Bank Limited amounted to Rs. 178.04 Cr with Charge ID 101136512 was registered on 01 Aug 2025.
Charges
A charge registered on 13 Jun 2022 via Charge ID 100589899 with Others was fully satisfied on 04 Jun 2025.
Charges
A charge registered on 13 Jun 2022 via Charge ID 100589904 with Others was fully satisfied on 04 Jun 2025.
Charges
A charge registered on 13 Jun 2022 via Charge ID 100589907 with Others was fully satisfied on 04 Jun 2025.
Charges
A charge with Others of Rs. 25.00 Cr registered on 23 Feb 2021 with Charge ID 100424681 was modified on 04 Jun 2025.
Charges
A charge with Others of Rs. 86.50 Cr registered on 30 Sep 2016 with Charge ID 100064476 was modified on 25 Apr 2025.
Filing
Flash Electronics (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Charges
A charge with Hdfc Bank Limited of Rs. 40.00 Cr registered on 11 Mar 2025 with Charge ID 101066899 was modified on 31 Mar 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 40.00 Cr with Charge ID 101066899 was registered on 11 Mar 2025.
Charges
A charge with Others of Rs. 43.01 Cr registered on 26 Jul 2021 with Charge ID 100479463 was modified on 11 Mar 2025.
138 earlier events are in the company report.
News
Frequently asked questions
Flash Electronics (India) is an active private limited company based in New Delhi, Delhi, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 26 October 1989 (37+ years old) and is registered under CIN U74899DL1989PTC038169.
Flash Electronics (India) has 5 current directors:
- Sanjeev Vasdev - Managing Director
- Sanjay Vidhyadhar Deshpande - Whole-Time Director
- Gaurav Vasdev - Director
- Ashok Minda - Director
- Aakash Minda - Director
The latest financial statements of Flash Electronics (India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 08 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Flash Electronics (India) is 06AAACF1538P1ZH, registered in Haryana. The company has 5 GST registrations in all, of which 4 are active and 1 is cancelled or inactive. Other active GSTINs include 27AAACF1538P1ZD (Maharashtra), 06AAACF1538P2ZG (Haryana), 05AAACF1538P1ZJ (Uttarakhand).
The CIN (Corporate Identification Number) of Flash Electronics (India) is U74899DL1989PTC038169. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Flash Electronics (India) has 28 court cases on record: 15 filed by the company and 13 filed against it. 6 are pending. Most are in the district courts.
Flash Electronics (India) was incorporated on 26 October 1989, making it 37+ years old. It is registered with the Registrar of Companies, Delhi.
Flash Electronics (India) has 13 deals on record (8 secondary share transfers, 4 funding rounds, 1 convertible or debt financing), with disclosed funding of ₹109.82 Cr; the latest was in March 2024.
Aakash Minda was appointed as Director on 25 Jan 2025. Aakash Minda ceased to be Additional Director on 25 Jan 2025. Ashok Minda was appointed as Director on 25 Jan 2025. Flash Electronics (India) has 17 board changes on record in total.
Flash Electronics (India) has 10 MSME Form 1 returns on record between 2020 and 2024, listing 1,433 overdue payments to 551 micro and small suppliers. The latest return was filed on 15 May 2024.
Flash Electronics (India) can be reached through the website flashgroup.in. Its registered office is in New Delhi, Delhi, India.