About Vadodara Gas Limited
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Vadodara Gas Limited is a public limited company based in Vadodara, Gujarat, India. It operates in the oil and gas distribution and transmission segment of the energy and power sector. It was incorporated on 13 September 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U35202GJ2013PLC076828. Its GSTIN is 24AAECV6565E1Z9 (Gujarat).
The company has an authorised share capital of ₹250 Cr and a paid-up capital of ₹240.29 Cr. It is led by directors including Prasenjit Sarkar (Managing Director) and Vinay Krishan Srivastava (Managing Director).
Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Shri Muni Commi Gas Office Gas Office Building Dandia Bazar, Vadodara, Gujarat, India – 390001.
As per the financials filed for FY 2025, the company reported a revenue of ₹583.99 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹38.3 Cr (net margin 6.6%) and EBITDA of ₹77.2 Cr (EBITDA margin 13.2%). Revenue has grown at a compounded annual rate (CAGR) of 35% over three years and 25% over five years.
The company has about 19 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Vadodara Gas. As per MCA filings, the company has open charges of ₹376.1 Cr on record. Court records list 93 cases involving the company, including 6 filed by the company and 87 filed against it; 35 cases are pending. The company has 3 deals on record (2 secondary share transfers, 1 rights issue); the latest was in March 2016. Its 7 peer companies in the Oil and Gas industry (Distribution and Transmission), with the same principal business activity (manufacture of gas, distribution of gaseous fuels) are compared by revenue, 5 larger and 2 smaller; the largest is Aavantika Gas Limited with revenue of ₹818.25 Cr. The company has 12 MSME Form 1 returns on record between 2019 and 2024, listing 452 overdue payments to 39 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 vgl.co.in.
Company details
CIN history
Vadodara Gas has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U35202GJ2013PLC076828, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U35202GJ2013PLC076828 | Current |
| U40106GJ2013PLC076828 | Previous |
| U40106GJ2013SGC076828 | Previous |
Contact details
Vadodara Gas Limited's registered office is in Vadodara, Gujarat.
- Registered AddressShri Muni Commi Gas Office Gas Office Building Dandia Bazar, Vadodara, Gujarat, India – 390001
- IndustryEnergy and Power, Oil & Gas Distribution & Transmission
- 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
Brands
Vadodara Gas operates one associated brand: Vadodara Gas. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Natural gas distribution services are offered in Vadodara, focusing on PNG and CNG for various sectors. | vgl.co.in |
Business activity
The main business activity of Vadodara Gas is electricity, gas, steam and air condition supply. In detail, this covers manufacture of gas, distribution of gaseous fuels.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D2 | Manufacture of gas, distribution of gaseous fuels |
To see the full business activity and turnover split of Vadodara Gas Limited, buy the company report.
Financials of Vadodara Gas Limited
FY 2025 filings availableVadodara Gas Limited reported revenue of ₹583.99 Cr (up 18% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 25% over five years, including 18% growth in the latest year. EBITDA rose 14% 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 | ₹77.2 Cr | ||||
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| Net Profit (PAT) | ₹38.3 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 | 13.2% | ||||
| Net Profit Margin | 6.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Vadodara Gas Limited, buy the company report.
Board of directors and KMP of Vadodara Gas Limited
Vadodara Gas Limited currently reports 9 directors and 1 key managerial person. 38 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arpit Sagar | Nominee Director | 17 Jun 2023 | 3 Years 4 Months | Current |
| Ajay Salitra | Company Secretary | 01 Apr 2024 | 2 Years 7 Months | Current |
| Arun Mahesh Babu | Nominee Director | 07 May 2025 | 1 Years 6 Months | Current |
| Ajay Kumar Jindal | Nominee Director | 16 Oct 2024 | 2 Years 0 Months | Current |
| Hem Chandra Pant | Nominee Director | 26 Apr 2024 | 2 Years 6 Months | Current |
| Prasenjit Sarkar | Managing Director | 29 Apr 2024 | 2 Years 6 Months | Current |
Peer comparison
Vadodara Gas Limited is compared with the 7 companies closest to it by revenue in the Oil and Gas industry (Distribution and Transmission), with the same principal business activity (manufacture of gas, distribution of gaseous fuels), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aavantika Gas Limited | ₹818.25 Cr (FY 2025) | 13.0% | Indore, Madhya Pradesh, India | |||
| Konkan LNG Limited | ₹801.9 Cr (FY 2025) | 88.0% | New Delhi, Delhi, India | |||
| Assam Gas Company Ltd | ₹791.57 Cr (FY 2024) | -3.0% | Dibrugarh, Assam, India | |||
| Bhagyanagar Gas Limited | ₹719.45 Cr (FY 2025) | 38.0% | Hyderabad, Telangana, India | |||
| Central U.P. Gas Limited | ₹703.76 Cr (FY 2024) | -7.0% | Kanpur, Uttar Pradesh, India | |||
| Vadodara Gas Limitedthis company | ₹583.99 Cr (FY 2025) | ₹38.3 Cr | 6.6% | 18.0% | Vadodara, Gujarat, India | |
| Torrent Gas Jaipur Private Limited | ₹576.13 Cr (FY 2025) | 48.0% | Ahmedabad, Gujarat, India | |||
| Think Gas Ludhiana Private Limited | ₹394.89 Cr (FY 2025) | 25.0% | Kanchipuram, Tamil Nadu, India |
To see the full peer comparison of Vadodara Gas Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Feb 2023 | 100691224 | Others | ₹149.5 Cr | Open | |
| 13 Nov 2018 | 100232169 | Others | ₹113.3 Cr | Open | |
| 12 May 2015 | 10568461 | Others | ₹113.3 Cr | Open |
To see the full charge records of Vadodara Gas Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Vadodara Gas Limited has 3 deals on record (2 secondary share transfers, 1 rights issue); the latest was in March 2016.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: Vadodara Muncipal Corporation Seller: an individual |
| Aug 2015 | Rights issue | ₹240.24 Cr | Investors: Gail (India) Limited , Gail Gas Limited , an individual |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Vadodara Muncipal Corporation |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Vadodara Gas Limited has 93 court cases on record: 6 filed by Vadodara Gas, 87 filed against it. 35 cases are pending and 58 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 82 | 81 | 31 |
| High courts | 10 | 6 | 4 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 93)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Gujarat | Special civil application | Filed by the company against M/S Bynry Technologies India Pvt. Ltd. and 2 others | Pending |
| District court, Vadodara, Gujarat | Commercial matter | Filed against the company by Ario Infrastructure Pvt.Ltd. Through Its Director | Disposed |
| High Court, GUJARAT | Special civil application | Filed against the company by M/S. Gail India Ltd. and 4 others | Disposed |
| Supreme Court | Appeal | Filed by the company against Adani Total Gas Limited | Disposed |
| District court, Dahod, Gujarat | Court case (WC-FATAL-LC) | Filed against the company by an individual | Pending |
To see the full case history of Vadodara Gas 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
Vadodara Gas Limited was last rated by Care on 25 Feb 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 25 Feb 2022 |
To see the full credit ratings and regulatory alerts of Vadodara Gas Limited, buy the company report.
MSME payment delays
Vadodara Gas Limited has 12 MSME Form 1 returns on record between 2019 and 2024, listing 452 overdue payments to 39 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 39)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Veekay Plast | |||
| an individual supplier | |||
| an individual supplier | |||
| Kabsons Gas Equipment Private Limited | |||
| Aniruddhsinh Infrastructure Private Limited |
To see the full MSME payment records of Vadodara Gas Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Vadodara Gas has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECV6565E1Z9 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vadodara Gas Limited, buy the company report.
Recent activity
Vadodara Gas Limited has 47 board changes on record since 2014: 10 appointments and 37 cessations. The latest: Vinay Krishan Srivastava was appointed as Managing Director on 01 Nov 2025.
43 earlier events are in the company report.
Frequently asked questions
Vadodara Gas is an active public limited company based in Vadodara, Gujarat, India. The company works in oil and gas distribution and transmission, within the energy and power industry. It was incorporated on 13 September 2013 (13+ years old) and is registered under CIN U35202GJ2013PLC076828.
Vadodara Gas has 10 current directors and KMP:
- Prasenjit Sarkar - Managing Director
- Vinay Krishan Srivastava - Managing Director
- Arpit Sagar - Nominee Director
- Arun Mahesh Babu - Nominee Director
- Ajay Kumar Jindal - Nominee Director
- Hem Chandra Pant - Nominee Director
- Dilipkumar Bhuraram Rana - Nominee Director
- Ganga Singh - Nominee Director
- Sudhir Kumar Dixit - Nominee Director
- Ajay Salitra - Company Secretary
The latest financial statements of Vadodara Gas on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 24 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Vadodara Gas is 24AAECV6565E1Z9, registered in Gujarat.
The CIN (Corporate Identification Number) of Vadodara Gas is U35202GJ2013PLC076828. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vadodara Gas has 93 court cases on record: 6 filed by the company and 87 filed against it. 35 are pending. Most are in the district courts.
Vadodara Gas was incorporated on 13 September 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Vadodara Gas has 3 deals on record (2 secondary share transfers, 1 rights issue); the latest was in March 2016.
The peers of Vadodara Gas by revenue are Aavantika Gas Limited, Konkan LNG Limited, Assam Gas Company Ltd, Bhagyanagar Gas Limited, Central U.P. Gas Limited and 2 more, all in the Oil and Gas industry (Distribution and Transmission), with the same principal business activity (manufacture of gas, distribution of gaseous fuels).
Vinay Krishan Srivastava was appointed as Managing Director on 01 Nov 2025. Vinay Krishan Srivastava ceased to be Nominee Director on 01 Nov 2025. Prasenjit Sarkar ceased to be Managing Director on 29 Oct 2025. Vadodara Gas has 47 board changes on record in total.
Vadodara Gas has 12 MSME Form 1 returns on record between 2019 and 2024, listing 452 overdue payments to 39 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Vadodara Gas can be reached through the website vgl.co.in. Its registered office is in Vadodara, Gujarat, India.
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