About VR Commodities Private Limited
Data last updated:
VR Commodities Private Limited is a private limited company based in Visakhapatnam, Andhra Pradesh, India, a subsidiary of Star Ascent Energy Pte Ltd. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the jewelry and gemstone retail and distribution segment of the consumer goods sector. It was incorporated on 26 November 2019.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U52100AP2019PTC113509. Its GSTIN is 37AAHCV1924G1ZA (Andhra Pradesh). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Valavala Subrahmanyam Venkata and Natarajan Venkata Subramanian.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Visakhapatnam, Andhra Pradesh.
As per the financials filed for FY 2024, the company reported a revenue of ₹95.74 Lakh, a decline of 99% compared to the previous year. For the same year it recorded a net loss of ₹7.18 Cr and EBITDA of -₹5.87 Cr. Revenue has declined at a compounded annual rate (CAGR) of 83% over three years.
The company has about 27 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹46.75 Lakh on record. Court records list 20 cases involving the company, including 6 filed by the company and 14 filed against it; 3 cases are pending.
The last known website on record is vrccoal.com.
Company details
Contact details
VR Commodities Private Limited's registered office is in Visakhapatnam, Andhra Pradesh. Its website is vrccoal.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressSy No 133/7 – Sri Shirdi Sai Veternary Colony Hanumanthwaka, Ground Floor Plot No 166 Visalakshi Nagar, Visakhapatnam, Andhra Pradesh, India – 530040
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
To see the full contact details of VR Commodities 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
Business activity
The main business activity of VR Commodities is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of VR Commodities Private Limited, buy the company report.
Financials of VR Commodities Private Limited
FY 2024 filings availableVR Commodities Private Limited reported revenue of ₹95.74 Lakh (down 99% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 83% over three years, including a 99% fall in the latest year. EBITDA rose 73% 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 |
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| EBITDA | -₹5.87 Cr | ||||
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| Net Profit (PAT) | -₹7.18 Cr | ||||
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Financial Ratios
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To see the full financial statements and ratios of VR Commodities Private Limited, buy the company report.
Board of directors of VR Commodities Private Limited
VR Commodities has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Valavala Subrahmanyam Venkata Also directs: Sriven Multi-Tech Limited, Virya Resources Limited, Siri Foods Private Limited and 5 more | Director | 07 Mar 2024 | 2 Years 7 Months | As last reported |
| Natarajan Venkata Subramanian | Director | 07 Mar 2024 | 2 Years 7 Months | As last reported |
| Arudji Kiswanto | Additional Director | 13 May 2025 | 1 Years 5 Months | As last reported |
Auditor
VR Commodities Private Limited is audited by D.M.Rao & Co. for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D.M.Rao & Co. | FY 2021 | 006995S |
Shareholding
The shareholding of VR Commodities Private Limited is on record for 2 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of VR Commodities Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Mar 2022 | 100565016 | Others | ₹46.75 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
VR Commodities Private Limited has 20 court cases on record: 6 filed by VR Commodities, 14 filed against it. 3 cases are pending and 17 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 10 | 8 | 0 |
| NCLT | 6 | 4 | 1 |
| District courts | 4 | 2 | 2 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Visakapatnam, Andhra Pradesh | Civil suit | Filed by the company against Zoho Corporation Private Limited Having Its Registered Office and 5 others | Pending |
| District court, Visakapatnam, Andhra Pradesh | Civil suit | Filed by the company against Icici Bank Limited and 1 other | Disposed |
| NCLT, NCLT Hyderabad | Insolvency matter | Filed by the company against Nagai Power Private Limited | Disposed |
| NCLT, Amravati | Insolvency matter | Filed against the company by Haldia Petrochemicals Limited | Disposed |
| District court, North Twenty Four Parganas, West Bengal | Interim or miscellaneous application | Filed against the company by Haldia Petrochemicals Ltd | Disposed |
To see the full case history of VR Commodities 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
No delayed payments to MSME suppliers are on our record for VR Commodities Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
VR Commodities Private Limited has a workforce of 27 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
VR Commodities has 4 GST registrations: 4 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAHCV1924G1ZA | Andhra Pradesh | Active | 12 Dec 2019 |
| 33AAHCV1924G1ZI | Tamil Nadu | Active | 12 May 2020 |
| 29AAHCV1924G1Z7 | Karnataka | Active | 23 Jun 2020 |
| 34AAHCV1924G1ZG | Puducherry | Active | 06 Jul 2020 |
To see the full GST registrations and return filing status of VR Commodities Private Limited, buy the company report.
Recent activity
VR Commodities Private Limited has 7 board changes on record since 2022: 3 appointments and 4 cessations. The latest: Arudji Kiswanto was appointed as Additional Director on 13 May 2025.
Frequently asked questions
VR Commodities is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
VR Commodities is a company under insolvency, formerly operating as a private limited company based in Visakhapatnam, Andhra Pradesh, India. The company works in jewelry and gemstone retail and distribution, within the consumer goods industry. It was incorporated on 26 November 2019 and is registered under CIN U52100AP2019PTC113509. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
VR Commodities has 3 current directors:
- Valavala Subrahmanyam Venkata - Director
- Natarajan Venkata Subramanian - Director
- Arudji Kiswanto - Additional Director
The latest financial statements of VR Commodities on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2020 are in the company report.
The CIN (Corporate Identification Number) of VR Commodities is U52100AP2019PTC113509. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
VR Commodities has open charges of ₹46.75 Lakh and no satisfied charges on record as per latest MCA filings.
VR Commodities has 20 court cases on record: 6 filed by the company and 14 filed against it. 3 are pending. Most are in the high courts.
VR Commodities was incorporated on 26 November 2019. It is registered with the Registrar of Companies, Vijayawada.
Arudji Kiswanto was appointed as Additional Director on 13 May 2025. Candra Winoto Salim ceased to be Director on 21 Sep 2024. Sukhdev Singh ceased to be Director on 21 Sep 2024. VR Commodities has 7 board changes on record in total.
VR Commodities can be reached through the website vrccoal.com. Its registered office is in Visakhapatnam, Andhra Pradesh, India.
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