About V Trans (India) Limited
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V Trans (India) Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 04 January 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U60210MH1990PLC054883. Its GSTIN is 27AAACV1559Q2ZP (Maharashtra). The company holds 31 GST registrations, of which 28 are active.
The company has an authorised share capital of ₹28.5 Cr and a paid-up capital of ₹24.42 Cr. It was formerly known as Vijay Trans Agencies Pvt Ltd. It is led by directors including Mahendra Kunvarji Shah (Managing Director) and Hasmukh Kuverji Shah (Whole-Time Director).
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 99/101 Keshavji Naik Road New Chinch Bunder, Mumbai, Maharashtra, India – 400009.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,749.74 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹20.65 Cr (net margin 1.2%) and EBITDA of ₹93.53 Cr (EBITDA margin 5.3%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 11% over five years.
The company has about 3,834 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹331.08 Cr and satisfied charges of ₹109.67 Cr on record. Court records list 251 cases involving the company, including 147 filed by the company and 104 filed against it; 74 cases are pending. The company has 9 deals on record (9 secondary share transfers); the latest was in January 2019. The company has 23 MSME Form 1 returns on record between 2019 and 2024, listing 883 overdue payments to 137 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 vtransgroup.com.
Company details
CIN history
V Trans (India) has one previous CIN (Corporate Identification Number): U60210MH1990PTC054883. The current CIN is U60210MH1990PLC054883, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U60210MH1990PLC054883 | Current |
| U60210MH1990PTC054883 | Previous |
Contact details
V Trans (India) Limited's registered office is in Mumbai, Maharashtra. Its website is vtransgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered Address99/101 Keshavji Naik Road New Chinch Bunder, Mumbai, Maharashtra, India – 400009
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of V Trans (India) 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 V Trans (India) is transport and storage. In detail, this covers land transport via road.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H1 | Land Transport via Road |
To see the full business activity and turnover split of V Trans (India) Limited, buy the company report.
Financials of V Trans (India) Limited
FY 2024 filings availableV Trans (India) Limited reported revenue of ₹1,749.74 Cr (up 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 9% growth in the latest year. EBITDA fell 8% 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 | ₹93.53 Cr | ||||
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| Net Profit (PAT) | ₹20.65 Cr | ||||
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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 | 5.3% | ||||
| Net Profit Margin | 1.2% | ||||
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To see the full financial statements and ratios of V Trans (India) Limited, buy the company report.
Board of directors and KMP of V Trans (India) Limited
V Trans (India) Limited currently reports 10 directors and 2 key managerial personnel. 23 former directors have served the organization.
Auditor
V Trans (India) Limited is audited by Price Waterhouse Chartered Accountants LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Price Waterhouse Chartered Accountants LLP | FY 2024 | 012754N/N500016 |
Shareholding
The shareholding of V Trans (India) Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of V Trans (India) Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 May 2025 | 101117726 | Hdfc Bank Limited | ₹1.25 Cr | Open | |
| 28 Apr 2025 | 101089581 | Hdfc Bank Limited | ₹1.25 Cr | Open | |
| 29 Mar 2025 | 101082373 | Others | ₹40 Cr | Open | |
| 29 Nov 2024 | 101015725 | Hdfc Bank Limited | ₹10 Cr | Open | |
| 18 Jun 2024 | 100940405 | Hdfc Bank Limited | ₹19 Lakh | Open |
To see the full charge records of V Trans (India) Limited, buy the company report.
Total charge records: 80 View all charges
Deals & funding
V Trans (India) Limited has 9 deals on record (9 secondary share transfers); the latest was in January 2019.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Visanji Khimji Shah HUF |
| Dec 2018 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: an individual |
| Nov 2018 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Ashok K Shah HUF |
| Oct 2018 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Jan 2015 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: an individual |
To see the full deal history of V Trans (India) 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
V Trans (India) Limited has 251 court cases on record: 147 filed by V Trans (India), 104 filed against it. 74 cases are pending and 177 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 217 | 91 | 70 |
| High courts | 32 | 11 | 4 |
| Supreme Court | 2 | 2 | 0 |
Cases on record (5 of 251)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by Zee Learn Limited Through Amanpreet Singh. | Pending |
| District court, North Twenty Four Parganas, West Bengal | Civil suit | Filed by the company against Dhanvantary Bioscience Private Limited | Pending |
| District court, Gurugram, Haryana | Court case (CS37) | Filed by the company against M/S Tesla Power India Pvt Ltd Through Its Director and 2 others | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CHAMBER SUMMONS) | Filed by the company against Oriqa Edible Private Limited | Pending |
| District court, Indore, Madhya Pradesh | Court case (UN CIV) | Filed by the company against M/S. Narmada Extrusions Private Limited and 4 others | Pending |
To see the full case history of V Trans (India) 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
V Trans (India) Limited was last rated by Crisil on 30 Sep 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 30 Sep 2021 |
To see the full credit ratings and regulatory alerts of V Trans (India) Limited, buy the company report.
MSME payment delays
V Trans (India) Limited has 23 MSME Form 1 returns on record between 2019 and 2024, listing 883 overdue payments to 137 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 137)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Team One Tech Solutions LLP | |||
| Ctrlp Solutions Private Limited | |||
| Printvision | |||
| MSD Transport | |||
| Ab Cartridge Private Limited |
To see the full MSME payment records of V Trans (India) Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
V Trans (India) Limited has a workforce of 3,834 employees on its EPFO records as of Jul 22, 2025, across 3 active EPFO establishments.
GST
V Trans (India) has 31 GST registrations: 28 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACV1559Q2ZP | Maharashtra | Active | 01 Jul 2017 |
| 27AAACV1559Q3ZO | Maharashtra | Active | 23 Jan 2020 |
| 02AAACV1559Q1Z2 | Himachal Pradesh | Active | 01 Jul 2017 |
| 03AAACV1559Q1Z0 | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of V Trans (India) Limited, buy the company report.
Recent activity
V Trans (India) Limited has 30 board changes on record since 1990: 12 appointments and 18 cessations. The latest: Haresh Kunvarji Chheda ceased to be Additional Director on 14 Nov 2025.
167 earlier events are in the company report.
News
Frequently asked questions
V Trans (India) is an active public limited company based in Mumbai, Maharashtra, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 04 January 1990 (36+ years old) and is registered under CIN U60210MH1990PLC054883.
V Trans (India) has 12 current directors and KMP:
- Mahendra Kunvarji Shah - Managing Director
- Hasmukh Kuverji Shah - Whole-Time Director
- Rajesh Vishanji Shah - Whole-Time Director
- Viral Ashok Shah - Director
- Haresh Kunvarji Chheda - Director
- Aditya Mahendra Shah - Director
- Suchita Keyur Kenia - Director
- Ronak Rajesh Shah - Director
- Sushilkumar Khanna - Director
- Vishal Ashok Shah - Director
- Kalpesh Harakchand Dedhiya - Company Secretary
- Sanjay Chandrakant Kangne - Cfo
The latest financial statements of V Trans (India) 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 2015 are in the company report.
The GSTIN of V Trans (India) is 27AAACV1559Q2ZP, registered in Maharashtra. The company has 31 GST registrations in all, of which 28 are active and 3 are cancelled or inactive. Other active GSTINs include 27AAACV1559Q3ZO (Maharashtra), 02AAACV1559Q1Z2 (Himachal Pradesh), 03AAACV1559Q1Z0 (Punjab).
The CIN (Corporate Identification Number) of V Trans (India) is U60210MH1990PLC054883. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
V Trans (India) has 251 court cases on record: 147 filed by the company and 104 filed against it. 74 are pending. Most are in the district courts.
V Trans (India) was incorporated on 04 January 1990, making it 36+ years old. It is registered with the Registrar of Companies, Mumbai.
V Trans (India) has 9 deals on record (9 secondary share transfers); the latest was in January 2019.
Haresh Kunvarji Chheda ceased to be Additional Director on 14 Nov 2025. Haresh Kunvarji Chheda was appointed as Director on 05 Jun 2025. Sushilkumar Khanna was appointed as Director on 05 Jun 2025. V Trans (India) has 30 board changes on record in total.
V Trans (India) has 23 MSME Form 1 returns on record between 2019 and 2024, listing 883 overdue payments to 137 micro and small suppliers. The latest return was filed on 30 Apr 2024.
V Trans (India) can be reached through the website vtransgroup.com. Its registered office is in Mumbai, Maharashtra, India.