MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-PB-12-0001463
Versatile Enterprises Private Limited - manufacturing in Ludhiana, Punjab, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹112.73 Cr
▼ 7% YoY
Net profit · FY 2025
₹3.84 Cr
Net margin 3.4%
EBITDA · FY 2025
₹11.9 Cr
EBITDA margin 10.6%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹11 Lakh
Issued & subscribed
Open charges
₹30.95 Cr
Satisfied ₹2.07 Cr
Company age
43 yrs
Est. 1983
Employees · EPFO
417
Provident fund records
About Versatile Enterprises Private Limited
Data last updated:
Versatile Enterprises Private Limited is a private limited company based in Ludhiana, Punjab, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 12 April 1983 and has been in existence for over 43 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U74999PB1983PTC005394. Its GSTIN is 03AAACV5820G1ZP (Punjab). The company holds 8 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹11 Lakh. It is led by directors including Vivek Seth (Managing Director) and Arun Kumar Seth (Managing Director).
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 C 124 Phase Vfocal Point Ludhiana, Punjab, India – 141010.
As per the financials filed for FY 2025, the company reported a revenue of ₹112.73 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹3.84 Cr (net margin 3.4%) and EBITDA of ₹11.9 Cr (EBITDA margin 10.6%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 2% over five years.
The company has about 417 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹30.95 Cr and satisfied charges of ₹2.07 Cr on record. Court records list 30 cases involving the company, including 23 filed by the company and 7 filed against it; 4 cases are pending.
Versatile Enterprises Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-12-0001463). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website versatilegroup.in.
Company details
CIN U74999PB1983PTC005394
Registration Number 005394
Incorporation Date 12 April 1983
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-PB-12-0001463
Recognitions & Rankings of Versatile Enterprises
Contact details
Versatile Enterprises Private Limited's registered office is in Ludhiana, Punjab. Its website is versatilegroup.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressC 124 Phase Vfocal Point Ludhiana, Punjab, India – 141010
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Versatile Enterprises Private Limited, buy the company report.
Comprehensive company report
Versatile Enterprises 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 Versatile Enterprises is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Versatile Enterprises Private Limited, buy the company report.
Financials of Versatile Enterprises Private Limited
FY 2025 filings availableVersatile Enterprises Private Limited reported revenue of ₹112.73 Cr (down 7% YoY) for FY 2025.
Revenue · FY 2025
₹112.73 Cr ▼ 7%
Net profit · FY 2025
₹3.84 Cr margin 3.4%
EBITDA · FY 2025
₹11.9 Cr margin 10.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 7%
3 years · compounded
▼ 2%
5 years · compounded
▲ 2%
EBITDA CAGR growth
1 year
▼ 27%
3 years · compounded
▼ 14%
5 years · compounded
▼ 4%
Revenue fell 7% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA fell 27% 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 | ₹11.9 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.84 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 | 10.6% | ||||
| Net Profit Margin | 3.4% | ||||
| 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 Versatile Enterprises Private Limited, buy the company report.
Board of directors of Versatile Enterprises Private Limited
Versatile Enterprises has 10 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vivek Seth | Managing Director | 16 Apr 1983 | 43 Years 6 Months | Current |
| Kapil Seth | Director | 01 Feb 2008 | 18 Years 9 Months | Current |
| Vipan Kumar Seth | Director | 16 Apr 1983 | 43 Years 6 Months | Current |
| Akhil Seth | Director | 26 Jun 2014 | 12 Years 4 Months | Current |
| Naveen Seth | Director | 16 Apr 1983 | 43 Years 6 Months | Current |
| Manuj Seth | Director | 10 Jul 2004 | 22 Years 4 Months | Current |
Showing 6 of 10 current directors. View all directors
Peer comparison
Versatile Enterprises Private Limited is compared with the 7 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Raj Rajendra Industries Limited | ₹113.13 Cr (FY 2025) | 18.0% | Mumbai, Maharashtra, India | |||
| Trio Apparels India Private Limited | ₹112.93 Cr (FY 2025) | -4.0% | Bangalore, Karnataka, India | |||
| Versatile Enterprises Private Limitedthis company | ₹112.73 Cr (FY 2025) | ₹3.84 Cr | 3.4% | -7.0% | Ludhiana, Punjab, India | |
| Silkon Synthetics and Cotton Dyeing Private Limited | ₹112.72 Cr (FY 2025) | -2.0% | Bhiwandi, Maharashtra, India | |||
| The Hooghly Mills Co Ltd | ₹112.59 Cr (FY 2025) | -19.0% | Kolkata, West Bengal, India | |||
| Ganga Saran Exports Private Limited | ₹112.45 Cr (FY 2019) | 52.0% | Delhi, India | |||
| Viraj Exports Private Limited | ₹112.32 Cr (FY 2025) | 13.0% | Delhi, India | |||
| Palani Vijay Cottspin Private Limited | ₹112.28 Cr (FY 2025) | 12.0% | Dharapuram, Tamil Nadu, India |
To see the full peer comparison of Versatile Enterprises Private Limited, buy the company report.
Auditor
Versatile Enterprises Private Limited is audited by B.D BANSAL & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B.D BANSAL & CO. | FY 2023 | 000621N |
Shareholding
The shareholding of Versatile Enterprises 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 Versatile Enterprises Private Limited, buy the company report.
Charges & borrowings
Open charges
₹30.95 Cr
Satisfied charges
₹2.07 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Jun 2025 | 101119316 | Hdfc Bank Limited | ₹7.3 Lakh | Open | |
| 14 Nov 2023 | 100819972 | Hdfc Bank Limited | ₹30 Lakh | Open | |
| 13 Oct 2021 | 100507950 | Hdfc Bank Limited | ₹28 Lakh | Open | |
| 21 Jan 2021 | 100424460 | Hdfc Bank Limited | ₹17 Lakh | Open | |
| 01 Apr 2008 | 10103355 | Hdfc Bank Limited | ₹6.5 Cr | Open |
To see the full charge records of Versatile Enterprises Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Versatile Enterprises Private Limited has 30 court cases on record: 23 filed by Versatile Enterprises, 7 filed against it. 4 cases are pending and 26 are disposed.
Total cases
30
Filed by the company
23
Filed against the company
7
Pending
4
Disposed
26
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 24 | 4 | 4 |
| High courts | 5 | 2 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 30)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Appeal | Filed against the company by M/S Kwality Overseas Pvt Ltd | Disposed |
| District court, Ludhiana, Punjab | Civil suit | Filed against the company by Ms Kwality Overseas Pvt Ltd | Disposed |
| District court, Ludhiana, Punjab | Civil suit | Filed by the company against Ms Forward Shoes India Pvt. Ltd. | Disposed |
| District court, Ludhiana, Punjab | Commercial suit | Filed by the company against Ms Keerti Shoes India Pvt Ltd | Disposed |
| District court, Ludhiana, Punjab | Motor accident claim | Filed against the company | Pending |
To see the full case history of Versatile Enterprises 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
Versatile Enterprises Private Limited has 1 MSME Form 1 return on record for the period ending Jan 2019, listing 34 overdue payments to 34 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 34)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Saachi Processors Private Limited | |||
| Beekay Tex, Mumbai | |||
| Adarsh Knitting Industries, Mumbai | |||
| DCC Print Vision LLP | |||
| an individual supplier |
To see the full MSME payment records of Versatile Enterprises Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Versatile Enterprises has 8 GST registrations: 3 active and 5 cancelled or inactive.
Total GSTINs
8
Active
3
Cancelled / inactive
5
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAACV5820G1ZP | Punjab | Active | 01 Jul 2017 |
| 07AAACV5820G2ZG | Delhi | Active | 01 Jul 2017 |
| 33AAACV5820G1ZM | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Versatile Enterprises Private Limited, buy the company report.
Recent activity
Versatile Enterprises Private Limited has 14 board changes on record since 1983: 10 appointments and 4 cessations. The latest: Dhruv Seth was appointed as Director on 30 Sep 2022.
AGM
Versatile Enterprises Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 7.30 Lakh with Charge ID 101119316 was registered on 23 Jun 2025.
Filing
Versatile Enterprises Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh.
Charges
A charge with Hdfc Bank Limited of Rs. 650.00 Lakh registered on 01 Apr 2008 with Charge ID 10103355 was modified on 18 Nov 2024.
Charges
A charge with Hdfc Bank Limited of Rs. 2,362.90 Lakh registered on 15 Mar 2008 with Charge ID 10110760 was modified on 29 Oct 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 30.00 Lakh with Charge ID 100819972 was registered on 14 Nov 2023.
Appointed
Dhruv Seth was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 28.00 Lakh with Charge ID 100507950 was registered on 13 Oct 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 17.00 Lakh with Charge ID 100424460 was registered on 21 Jan 2021.
Charges
A charge registered on 27 Mar 2012 via Charge ID 10356469 with Oriental Bank Of Commerce was fully satisfied on 29 Aug 2016.
Ceased
Dharam Vir Seth ceased to be Director.
Ceased
Arun Kumar Seth ceased to be Director.
19 earlier events are in the company report.
Frequently asked questions
Versatile Enterprises is an active private limited company based in Ludhiana, Punjab, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 12 April 1983 (43+ years old) and is registered under CIN U74999PB1983PTC005394.
Versatile Enterprises has 10 current directors:
- Vivek Seth - Managing Director
- Arun Kumar Seth - Managing Director
- Kapil Seth - Director
- Vipan Kumar Seth - Director
- Akhil Seth - Director
- Naveen Seth - Director
- Manuj Seth - Director
- Anuj Kumar Seth - Director
- Sham Sunder Seth - Director
- Dhruv Seth - Director
The latest financial statements of Versatile Enterprises 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 Versatile Enterprises is 03AAACV5820G1ZP, registered in Punjab. The company has 8 GST registrations in all, of which 3 are active and 5 are cancelled or inactive. Other active GSTINs include 07AAACV5820G2ZG (Delhi), 33AAACV5820G1ZM (Tamil Nadu).
The CIN (Corporate Identification Number) of Versatile Enterprises is U74999PB1983PTC005394. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Versatile Enterprises has 30 court cases on record: 23 filed by the company and 7 filed against it. 4 are pending. Most are in the district courts.
Versatile Enterprises was incorporated on 12 April 1983, making it 43+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Versatile Enterprises by revenue are Raj Rajendra Industries Limited, Trio Apparels India Private Limited, Silkon Synthetics and Cotton Dyeing Private Limited, The Hooghly Mills Co Ltd, Ganga Saran Exports Private Limited and 2 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Dhruv Seth was appointed as Director on 30 Sep 2022. Dharam Vir Seth ceased to be Director on 20 Feb 2016. Arun Kumar Seth ceased to be Director on 02 May 2015. Versatile Enterprises has 14 board changes on record in total.
Yes, Versatile Enterprises is registered as a medium enterprise under Udyam registration (number: UDYAM-PB-12-0001463).
Versatile Enterprises has 1 MSME Form 1 return on record for the period ending Jan 2019, listing 34 overdue payments to 34 micro and small suppliers. The latest return was filed on 02 Jun 2019.
Versatile Enterprises can be reached through the website versatilegroup.in. Its registered office is in Ludhiana, Punjab, India.
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