MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-UP-29-0025043
Vaalve Bathware India Limited - metals and minerals in Ghaziabad, Uttar Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹21.56 Cr
▼ 3% YoY
Net profit · FY 2025
₹19.79 Lakh
Net margin 0.9%
EBITDA · FY 2025
₹1.58 Cr
EBITDA margin 7.3%
Authorised capital
₹4 Lakh
Registered with MCA
Paid-up capital
₹4 Lakh
Issued & subscribed
Open charges
₹10.08 Cr
Satisfied ₹3 Cr
Company age
5 yrs
Est. 2021
Employees · EPFO
57
Provident fund records
About Vaalve Bathware India Limited
Data last updated:
Vaalve Bathware India Limited is a public limited company based in Ghaziabad, Uttar Pradesh, India. It operates in the construction materials distribution segment of the metals and mining sector. It was incorporated on 22 July 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U28994UP2021PLC219332. Its GSTIN is 09AAICV1817B1ZI (Uttar Pradesh). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹4 Lakh and a paid-up capital of ₹4 Lakh. It was formerly known as Vaalve Sanitation Limited. It is led by directors including Pulkit Garg and Harsh Agarwal.
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 Ghaziabad, Uttar Pradesh.
As per the financials filed for FY 2025, the company reported a revenue of ₹21.56 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹19.79 Lakh (net margin 0.9%) and EBITDA of ₹1.58 Cr (EBITDA margin 7.3%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years.
The company has about 57 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Vaalve. As per MCA filings, the company has open charges of ₹10.08 Cr and satisfied charges of ₹3 Cr on record. Court records list 27 cases involving the company, including 20 filed by the company and 7 filed against it; 18 cases are pending.
Vaalve Bathware India Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-29-0025043). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vaalve.in.
Company details
CIN U28994UP2021PLC219332
Registration Number 219332
Incorporation Date 22 July 2021
ROC Uttar Pradesh
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 Small
Udyam Registration UDYAM-UP-29-0025043
CIN history
Vaalve Bathware India has one previous CIN (Corporate Identification Number): U28994DL2021PLC384082. The current CIN is U28994UP2021PLC219332, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U28994UP2021PLC219332 | Current |
| U28994DL2021PLC384082 | Previous |
Recognitions & Rankings of Vaalve Bathware India
Contact details
Vaalve Bathware India Limited's registered office is in Ghaziabad, Uttar Pradesh.
- Social Media
- Registered AddressPlot No. 63 Prakash Industrial Estate, Sahibabad Industrial Area Site IV, Ghaziabad, Uttar Pradesh, India – 201005
- IndustryMetals and Minerals, Construction Materials Retail & Distribution
Comprehensive company report
Vaalve Bathware India 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 Vaalve Bathware India is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Vaalve Bathware India Limited, buy the company report.
Financials of Vaalve Bathware India Limited
FY 2025 filings availableVaalve Bathware India Limited reported revenue of ₹21.56 Cr (down 3% YoY) for FY 2025.
Revenue · FY 2025
₹21.56 Cr ▼ 3%
Net profit · FY 2025
₹19.79 Lakh margin 0.9%
EBITDA · FY 2025
₹1.58 Cr margin 7.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 3%
3 years · compounded
▲ 23%
EBITDA CAGR growth
1 year
▼ 15%
3 years · compounded
▲ 35%
Revenue fell 3% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 23%. EBITDA fell 15% 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 |
|---|---|---|---|---|
| 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 | ₹1.58 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹19.79 Lakh | |||
| 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 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 7.3% | |||
| Net Profit Margin | 0.9% | |||
| 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 Vaalve Bathware India Limited, buy the company report.
Board of directors of Vaalve Bathware India Limited
Vaalve Bathware India has 3 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 |
|---|---|---|---|---|
| Pulkit Garg Also directs: TGWC Bathware India Private Limited | Director | 22 Jul 2021 | 5 Years 3 Months | Current |
| Harsh Agarwal Also directs: TGWC Bathware India Private Limited | Director | 22 Jul 2021 | 5 Years 3 Months | Current |
| Ravi Prakash Aggarwal | Director | 22 Jul 2021 | 5 Years 3 Months | Current |
Peer comparison
Vaalve Bathware India Limited is compared with the 3 companies closest to it by revenue in the Metals and Minerals industry (Construction Materials Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vaalve Bathware India Limitedthis company | ₹21.56 Cr (FY 2025) | ₹19.79 Lakh | 0.9% | -3.0% | Ghaziabad, Uttar Pradesh, India | |
| Safri Tradelink Private Limited | ₹21.41 Cr (FY 2018) | 174.0% | Pune, Maharashtra, India | |||
| Glitorium (India) Private Limited | ₹21.4 Cr (FY 2024) | 21.0% | Mumbai, Maharashtra, India | |||
| Skael Enterprise Private Limited | ₹21.36 Cr (FY 2024) | -32.0% | Delhi, India |
To see the full peer comparison of Vaalve Bathware India Limited, buy the company report.
Charges & borrowings
Open charges
₹10.08 Cr
Satisfied charges
₹3 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Oct 2023 | 100829533 | Hdfc Bank Limited | ₹20.33 Lakh | Open | |
| 08 Aug 2023 | 100796220 | Hdfc Bank Limited | ₹20.64 Lakh | Open | |
| 20 May 2023 | 100755625 | Hdfc Bank Limited | ₹20.6 Lakh | Open | |
| 22 Feb 2023 | 100722097 | Hdfc Bank Limited | ₹9.25 Cr | Open | |
| 03 Jan 2023 | 100703029 | Hdfc Bank Limited | ₹11.6 Lakh | Open |
To see the full charge records of Vaalve Bathware India Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Vaalve Bathware India Limited has 27 court cases on record: 20 filed by Vaalve Bathware India, 7 filed against it. 18 cases are pending and 9 are disposed.
Total cases
27
Filed by the company
20
Filed against the company
7
Pending
18
Disposed
9
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 26 | 6 | 18 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 27)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Commercial suit | Filed against the company by M/S Eureka Poly Products Pvt. Ltd. | Pending |
| District court, North West, Delhi | Court case (CS (COMM.)) | Filed against the company by M/S Watermen Jindal India Private Limited | Pending |
| District court, North West, Delhi | Civil suit | Filed against the company by M/S Watermen Jindal India Private Limited | Pending |
| District court, North West, Delhi | Court case (CS (COMM.)) | Filed by the company against an individual | Pending |
| District court, North West, Delhi | Cheque dishonour complaint | Filed by the company against an individual | Pending |
To see the full case history of Vaalve Bathware 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Vaalve Bathware India Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vaalve Bathware India has 3 GST registrations: 3 active.
Total GSTINs
3
Active
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAICV1817B1ZI | Uttar Pradesh | Active | 24 Jul 2021 |
| 24AAICV1817B1ZQ | Gujarat | Active | 08 Jun 2022 |
| 21AAICV1817B1ZW | Odisha | Active | 20 Dec 2022 |
To see the full GST registrations and return filing status of Vaalve Bathware India Limited, buy the company report.
Recent activity
Vaalve Bathware India Limited has 4 board changes on record since 2021: 3 appointments and 1 cessation. The latest: Kusum Dev I Agarwal ceased to be Director on 01 Aug 2024.
AGM
Vaalve Bathware India Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Vaalve Bathware India Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Uttar Pradesh Ii.
Charges
A charge registered on 23 Sep 2021 via Charge ID 100484758 with Hdfc Bank Limited was fully satisfied on 23 Aug 2024.
Ceased
Kusum Dev I Agarwal ceased to be Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 20.33 Lakh with Charge ID 100829533 was registered on 18 Oct 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 20.64 Lakh with Charge ID 100796220 was registered on 08 Aug 2023.
Charges
A charge with Hdfc Bank Limited of Rs. 925.00 Lakh registered on 22 Feb 2023 with Charge ID 100722097 was modified on 02 Jun 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 20.60 Lakh with Charge ID 100755625 was registered on 20 May 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 925.00 Lakh with Charge ID 100722097 was registered on 22 Feb 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 11.60 Lakh with Charge ID 100703029 was registered on 03 Jan 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 9.73 Lakh with Charge ID 100584445 was registered on 19 May 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 300.00 Lakh with Charge ID 100484758 was registered on 23 Sep 2021.
4 earlier events are in the company report.
Frequently asked questions
Vaalve Bathware India is an active public limited company based in Ghaziabad, Uttar Pradesh, India. The company works in construction materials retail and distribution, within the metals and minerals industry. It was incorporated on 22 July 2021 (5+ years old) and is registered under CIN U28994UP2021PLC219332.
Vaalve Bathware India has 3 current directors:
- Pulkit Garg - Director
- Harsh Agarwal - Director
- Ravi Prakash Aggarwal - Director
The latest financial statements of Vaalve Bathware India 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 FY 2022 are in the company report.
The GSTIN of Vaalve Bathware India is 09AAICV1817B1ZI, registered in Uttar Pradesh. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 24AAICV1817B1ZQ (Gujarat), 21AAICV1817B1ZW (Odisha).
The CIN (Corporate Identification Number) of Vaalve Bathware India is U28994UP2021PLC219332. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vaalve Bathware India has 27 court cases on record: 20 filed by the company and 7 filed against it. 18 are pending. Most are in the district courts.
Vaalve Bathware India was incorporated on 22 July 2021, making it 5+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
The peers of Vaalve Bathware India by revenue are Safri Tradelink Private Limited, Glitorium (India) Private Limited, Skael Enterprise Private Limited, all in the Metals and Minerals industry (Construction Materials Retail and Distribution), with the same principal business activity (wholesale trading).
Kusum Dev I Agarwal ceased to be Director on 01 Aug 2024. Harsh Agarwal was appointed as Director on 22 Jul 2021. Pulkit Garg was appointed as Director on 22 Jul 2021. Vaalve Bathware India has 4 board changes on record in total.
Yes, Vaalve Bathware India is registered as a small enterprise under Udyam registration (number: UDYAM-UP-29-0025043).
Vaalve Bathware India can be reached through the website vaalve.in. Its registered office is in Ghaziabad, Uttar Pradesh, India.
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