MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-01-0109195
Vijay Enterprises Pvt Ltd - chemicals and materials in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹62.31 Cr
▼ 2% YoY
Net profit · FY 2024
₹6.19 Cr
Net margin 9.9%
EBITDA · FY 2024
₹8.68 Cr
EBITDA margin 13.9%
Authorised capital
₹1.25 Cr
Registered with MCA
Paid-up capital
₹1.2 Cr
Issued & subscribed
Satisfied charges
₹8.64 Cr
No open charges
Company age
32 yrs
Est. 1994
Employees · EPFO
42
Provident fund records
About Vijay Enterprises Pvt Ltd
Data last updated:
Vijay Enterprises Pvt Ltd is a private limited company based in Ahmedabad, Gujarat, India. It operates in the specialty chemicals segment of the chemicals and materials sector. It was incorporated on 01 September 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17110GJ1994PTC022920. Its GSTIN is 24AAACV9365Q1ZK (Gujarat).
The company has an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹1.2 Cr. It is led by directors Jayesh Vanravandas Ponda and Devam Jayeshbhai Ponda.
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 65 6th Floor World Business House Nr. Parimal Garden Ellisbridge, Ahmedabad, Gujarat, India – 380006.
As per the financials filed for FY 2024, the company reported a revenue of ₹62.31 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹6.19 Cr (net margin 9.9%) and EBITDA of ₹8.68 Cr (EBITDA margin 13.9%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 13% over five years.
The company has about 42 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Vijay Coat. As per MCA filings, the company has satisfied charges of ₹8.64 Cr on record. Court records list 92 cases involving the company, including 25 filed by the company and 67 filed against it; 24 cases are pending. The company has 8 deals on record (7 secondary share transfers, 1 funding round), with disclosed funding of ₹50 Lakh; the latest was in March 2022. Its 8 peer companies in the Manufacturing industry (Paints, Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 4 larger and 4 smaller; the largest is New Alliance Fine Chem Private Limited with revenue of ₹63.38 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 2 overdue payments to 1 micro and small supplier.
Vijay Enterprises Pvt Ltd is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0109195). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vijay-powdercoat.com.
Company details
CIN U17110GJ1994PTC022920
Registration Number 022920
Incorporation Date 01 September 1994
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-01-0109195
Recognitions & Rankings of Vijay Enterprises
Contact details
Vijay Enterprises Pvt Ltd's registered office is in Ahmedabad, Gujarat. Its website is vijay-powdercoat.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address65 6th Floor World Business House Nr. Parimal Garden Ellisbridge, Ahmedabad, Gujarat, India – 380006
- IndustryChemicals and Materials, Specialty Chemicals
To see the full contact details of Vijay Enterprises Pvt Ltd, buy the company report.
Comprehensive company report
Vijay Enterprises Pvt Ltd - 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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Brands
Vijay Enterprises operates one associated brand: VIJAY COAT. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of powder coating materials and speciality chemicals in India. | vijay-powdercoat.com |
Business activity
The main business activity of Vijay Enterprises is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Vijay Enterprises Pvt Ltd, buy the company report.
Financials of Vijay Enterprises Pvt Ltd
FY 2025 filings availableVijay Enterprises Pvt Ltd reported revenue of ₹62.31 Cr (down 2% YoY) for FY 2024.
Revenue · FY 2024
₹62.31 Cr ▼ 2%
Net profit · FY 2024
₹6.19 Cr margin 9.9%
EBITDA · FY 2024
₹8.68 Cr margin 13.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 2%
3 years · compounded
▲ 25%
5 years · compounded
▲ 13%
EBITDA CAGR growth
1 year
▲ 68%
3 years · compounded
▲ 35%
5 years · compounded
▲ 41%
Revenue fell 2% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 13%. EBITDA rose 68% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹8.68 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6.19 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 | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.9% | ||||
| Net Profit Margin | 9.9% | ||||
| 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 Vijay Enterprises Pvt Ltd, buy the company report.
Board of directors of Vijay Enterprises Pvt Ltd
Vijay Enterprises has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jayesh Vanravandas Ponda Also directs: Mahuva Resins Private Limited | Director | 01 Sep 1994 | 32 Years 1 Months | Current |
| Devam Jayeshbhai Ponda Also directs: Mahuva Resins Private Limited | Director | 07 Nov 2013 | 12 Years 11 Months | Current |
Peer comparison
Vijay Enterprises Pvt Ltd is compared with the 8 companies closest to it by revenue in the Manufacturing industry (Paints, Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| New Alliance Fine Chem Private Limited | ₹63.38 Cr (FY 2025) | 15.0% | Mumbai, Maharashtra, India | |||
| Dhanuka Udyog Private Limited | ₹62.67 Cr (FY 2024) | -1.0% | Kolkata, West Bengal, India | |||
| The Bhor Chemicals and Plastics Private Limited | ₹62.57 Cr (FY 2025) | -8.0% | Mumbai, Maharashtra, India | |||
| Revocoat India Private Limited | ₹62.53 Cr (FY 2025) | 10.0% | Commune, Pondicherry-605 107, Pondicherry, India | |||
| Vijay Enterprises Pvt Ltdthis company | ₹62.31 Cr (FY 2024) | ₹6.19 Cr | 9.9% | -2.0% | Ahmedabad, Gujarat, India | |
| Satol Chemicals Limited | ₹62.28 Cr (FY 2025) | 31.0% | Mumbai, Maharashtra, India | |||
| Tulsi Biosciences Private Limited | ₹62.15 Cr (FY 2024) | 43.0% | Vapi, Gujarat, India | |||
| Swati Petro Products Private Limited | ₹61.18 Cr (FY 2024) | -16.0% | Thane, Maharashtra, India | |||
| Ruchi Organics Limited | ₹60.96 Cr (FY 2025) | 5.0% | Uttar Pradesh, India |
To see the full peer comparison of Vijay Enterprises Pvt Ltd, buy the company report.
Auditor
Vijay Enterprises Pvt Ltd is audited by SHAH THAKKER & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHAH THAKKER & CO. | FY 2022 | 122003W |
Shareholding
The shareholding of Vijay Enterprises Pvt Ltd 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Vijay Enterprises Pvt Ltd, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹8.64 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Dec 2004 | 80015257 | Small Industries Development Bank of India | ₹3.36 Cr | Satisfied | |
| 15 Dec 2004 | 90101059 | Small Industries Development Bank of India | ₹3.36 Cr | Satisfied | |
| 06 Nov 2004 | 90099929 | Bank of India | ₹1.42 Cr | Satisfied | |
| 25 May 2001 | 80025199 | Bank of India | ₹15 Lakh | Satisfied | |
| 25 May 2001 | 90099380 | Bank of India | ₹10 Lakh | Satisfied |
To see the full charge records of Vijay Enterprises Pvt Ltd, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Vijay Enterprises Pvt Ltd has 8 deals on record (7 secondary share transfers, 1 funding round), with disclosed funding of ₹50 Lakh; the latest was in March 2022.
Total deals
8
Secondary share transfers
7
Funding round
1
Disclosed funding
₹50 Lakh
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 4 individuals |
| Jul 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Dec 2018 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 3 individuals |
| Nov 2013 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Vijay Enterprises Pvt Ltd, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Vijay Enterprises Pvt Ltd has 92 court cases on record: 25 filed by Vijay Enterprises, 67 filed against it. 24 cases are pending and 68 are disposed.
Total cases
92
Filed by the company
25
Filed against the company
67
Pending
24
Disposed
68
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 74 | 54 | 21 |
| High courts | 17 | 12 | 2 |
| Supreme Court | 1 | 1 | 1 |
Cases on record (5 of 92)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by M/S. Kisetsu Saison Finance India Private Limited | Pending |
| District court, Rohtak, Haryana | Commercial suit | Filed against the company by Kotak Mahindra Bank Ltd. | Pending |
| District court, Bhiwani, Haryana | Cheque dishonour complaint | Filed against the company by Chinar Syntex Ltd | Pending |
| Supreme Court | Court case (Special Leave Petition (Civil)) | Filed against the company by M/S. Indsur Gears Limited (Now Igl Industries Limited) and 1 other | Pending |
| District court, West, Delhi | Cheque dishonour complaint | Filed against the company by Trucap Finance Limited | Pending |
To see the full case history of Vijay Enterprises Pvt Ltd, 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
Vijay Enterprises Pvt Ltd has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 2 overdue payments to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier |
To see the full MSME payment records of Vijay Enterprises Pvt Ltd, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Vijay Enterprises has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACV9365Q1ZK | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vijay Enterprises Pvt Ltd, buy the company report.
Recent activity
Vijay Enterprises Pvt Ltd has 4 board changes on record since 1994: 3 appointments and 1 cessation. The latest: Devam Jayeshbhai Ponda was appointed as Director on 07 Nov 2013.
AGM
Vijay Enterprises Pvt Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Vijay Enterprises Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge registered on 06 Nov 2004 via Charge ID 90099929 with Bank Of India was fully satisfied on 20 Jun 2022.
Charges
A charge registered on 25 May 2001 via Charge ID 80025199 with Bank Of India was fully satisfied on 20 Jun 2022.
Charges
A charge registered on 25 May 2001 via Charge ID 90099380 with Bank Of India was fully satisfied on 20 Jun 2022.
Charges
A charge registered on 30 May 1996 via Charge ID 90100469 with Bank Of India was fully satisfied on 20 Jun 2022.
Charges
A charge registered on 15 Dec 2004 via Charge ID 80015257 with Small Industries Development Bank Of India was fully satisfied on 07 Sep 2016.
Charges
A charge registered on 15 Dec 2004 via Charge ID 90101059 with Small Industries Development Bank Of India was fully satisfied on 07 Sep 2016.
Appointed
Devam Jayeshbhai Ponda was appointed as Director.
Ceased
Parul Jayesh Ponda ceased to be Director.
Charges
A charge with Small Industries Development Bank Of India of Rs. 3.36 Cr registered on 15 Dec 2004 with Charge ID 80015257 was modified on 22 Mar 2011.
Charges
A charge with Small Industries Development Bank Of India of Rs. 3.36 Cr registered on 15 Dec 2004 with Charge ID 90101059 was modified on 22 Mar 2011.
13 earlier events are in the company report.
Frequently asked questions
Vijay Enterprises is an active private limited company based in Ahmedabad, Gujarat, India. The company works in specialty chemicals, within the chemicals and materials industry. It was incorporated on 01 September 1994 (32+ years old) and is registered under CIN U17110GJ1994PTC022920.
Vijay Enterprises has 2 current directors:
- Jayesh Vanravandas Ponda - Director
- Devam Jayeshbhai Ponda - Director
The latest financial statements of Vijay 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 Vijay Enterprises is 24AAACV9365Q1ZK, registered in Gujarat.
The CIN (Corporate Identification Number) of Vijay Enterprises is U17110GJ1994PTC022920. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vijay Enterprises has 92 court cases on record: 25 filed by the company and 67 filed against it. 24 are pending. Most are in the district courts.
Vijay Enterprises was incorporated on 01 September 1994, making it 32+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Vijay Enterprises has 8 deals on record (7 secondary share transfers, 1 funding round), with disclosed funding of ₹50 Lakh; the latest was in March 2022.
The peers of Vijay Enterprises by revenue are New Alliance Fine Chem Private Limited, Dhanuka Udyog Private Limited, The Bhor Chemicals and Plastics Private Limited, Revocoat India Private Limited, Satol Chemicals Limited and 3 more, all in the Manufacturing industry (Paints, Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Devam Jayeshbhai Ponda was appointed as Director on 07 Nov 2013. Parul Jayesh Ponda ceased to be Director on 07 Nov 2013. Parul Jayesh Ponda was appointed as Director on 10 Jan 2003. Vijay Enterprises has 4 board changes on record in total.
Yes, Vijay Enterprises is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-01-0109195).
Vijay Enterprises has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 2 overdue payments to 1 micro and small supplier. The latest return was filed on 08 Jun 2019.