Vajresh Consultants Limited
About Vajresh Consultants Limited
Data last updated:
Vajresh Consultants Limited was a public limited company based in Chennai, Tamil Nadu, India, operated as a subsidiary of Essar Satvision Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the brokerage and trading services segment of the financial services sector. It was incorporated on 30 January 2007.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U74110TN2007PLC085016.
The company had an authorised share capital of ₹405 Cr and a paid-up capital of ₹1.15 Cr. It was formerly known as Essar Capital Limited. It was led by directors including Dharmesh Ashwin Pansar and Kanchan Sadashiv Maske.
Its last annual general meeting (AGM) was held on 16 August 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at Chennai, Tamil Nadu.
As per the financials filed for FY 2021, the company reported a revenue of ₹82.52 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹49.15 Lakh (net margin 59.6%) and EBITDA of ₹59.19 Lakh (EBITDA margin 71.7%). Revenue has declined at a compounded annual rate (CAGR) of 59% over three years.
Its group structure included 1 subsidiary.
As per MCA filings, the company had satisfied charges of ₹11,725 Cr on record. Court records list 7 cases involving the company, including 2 filed by the company and 5 filed against it; 2 cases are pending.
CIN History of Vajresh Consultants Limited
Vajresh Consultants has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U74110TN2007PLC085016, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110TN2007PLC085016 | Current |
| U65923TN2007PLC085016 | Previous |
| U65923MH2007PLC167381 | Previous |
- EmailLocked
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- WebsiteLocked
- Social MediaLocked
- Registered AddressA S K Building 1st Floor Room No 2 Old No 44 New No 57 C P Ramaswamy Road Abhiramapur, Am, Chennai, Tamil Nadu, India – 600018
- IndustryFinancial Services, Brokerage & Trading Services
- 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
- One PDF report, delivered after checkout
Financials of Vajresh Consultants Limited FY 2021 filings available
Vajresh Consultants Limited reported revenue of ₹82.52 Lakh (up 8320% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Vajresh Consultants Limited
Revenue has declined at a compounded annual rate (CAGR) of 59% over three years. EBITDA rose 163% 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 of Vajresh Consultants Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| 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 | ₹59.19 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹49.15 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 | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Vajresh Consultants Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 71.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 59.6% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Vajresh Consultants are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Vajresh Consultants Limited
Vajresh Consultants has 3 current directors and 23 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dharmesh Ashwin Pansar | Director | 20 Jan 2020 | 6 Years 9 Months | As last reported |
| Kanchan Sadashiv Maske | Director | 20 Jan 2020 | 6 Years 9 Months | As last reported |
| Vishal Sadashiv Maske | Director | 20 Jan 2020 | 6 Years 9 Months | As last reported |
Peer Comparison of Vajresh Consultants Limited
Vajresh Consultants Limited is compared with the companies closest to it by revenue in the Outsourcing industry (Consulting Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Willforce Technology and Consultancy Private Limited | ₹82.84 Lakh (FY 2023) | •••• | •••• | -57.0% | •••• | Sivasagar, Assam, India |
| Ant Factory Startup Advisory Services Private Limited | ₹82.83 Lakh (FY 2025) | •••• | •••• | -63.0% | •••• | Hyderabad, Telangana, India |
| Mehi Life Private Limited | ₹82.67 Lakh (FY 2025) | •••• | •••• | -27.0% | •••• | Noida, Uttar Pradesh, India |
| Rania Trading Private Limited | ₹82.66 Lakh (FY 2021) | •••• | •••• | 56.0% | •••• | Gurgaon, Haryana, India |
| Equitos Management Consulting Private Limited | ₹82.55 Lakh (FY 2025) | •••• | •••• | 13.0% | •••• | New Delhi, Delhi, India |
| Vajresh Consultants Limited this company | ₹82.52 Lakh (FY 2021) | •••• | •••• | 8320.0% | •••• | Chennai, Tamil Nadu, India |
| Rise India Financial Services Private Limited | ₹82.51 Lakh (FY 2025) | •••• | •••• | 319.0% | •••• | Mumbai, Maharashtra, India |
| Global Wisdom Business Management Consulting Private Limited | ₹82.49 Lakh (FY 2025) | •••• | •••• | 98.0% | •••• | Pune, Maharashtra, India |
| Evolvex Business Solutions Private Limited | ₹82.48 Lakh (FY 2025) | •••• | •••• | 17.0% | •••• | Mumbai, Maharashtra, India |
| BVM IT Consulting Services India Private Limited | ₹82.48 Lakh (FY 2024) | •••• | •••• | -29.0% | •••• | Hyderabad, Telangana, India |
| Vpinnacle Finxpert Private Limited | ₹82.43 Lakh (FY 2025) | •••• | •••• | 90.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Vajresh Consultants by revenue in the Outsourcing industry (Consulting Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Vajresh Consultants Limited
Vajresh Consultants Limited is audited by NISAR & KUMAR for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| NISAR & KUMAR | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Vajresh Consultants Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Vajresh Consultants Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Sep 2011 | Axis Trustee Services Limited | ₹725 Cr | Satisfied |
| 15 Jul 2011 | Axis Trustee Services Limited | ₹2,000 Cr | Satisfied |
| 22 Sep 2009 | Idbi Trusteeship Services Limited | ₹4,500 Cr | Satisfied |
| 22 Sep 2009 | Idbi Trusteeship Services Limited | ₹4,500 Cr | Satisfied |
Total charge records: 4 View all charges
Legal Cases of Vajresh Consultants Limited
Vajresh Consultants Limited has 7 court cases on record: 2 filed by Vajresh Consultants, 5 filed against it. 2 cases are pending and 5 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 4 | 1 |
| Supreme Court | 1 | 1 | 1 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Special leave petition | Filed against the company by Tommorrowland Limited | Pending |
| High Court of Delhi | Court case (EX.P.) | Filed against the company by Tommorrowland Limited | Disposed |
| High Court of Delhi | Court case (FAO(OS)) | Filed against the company by Tommorrowland Limited | Disposed |
| High Court of Delhi | Court case (CS(OS)) | Filed against the company by Tommorrowland Limited | Disposed |
| Madras High Court | Court case (TCA) | Filed against the company by Commissioner of Income Tax | Pending |
Full case history
All 7 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Vajresh Consultants Limited
Employment history and EPFO contributions of people linked to Vajresh Consultants.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Vajresh Consultants Limited
Vajresh Consultants has 1 subsidiary company. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Essar Securities Limited | L65990TN2005PLC071791 | Locked |
Showing major subsidiaries. Total: 1.
Recent Activity on Vajresh Consultants Limited
Vajresh Consultants Limited has 26 board changes on record since 2008: 3 appointments and 23 cessations. The latest: Dharmesh Ashwin Pansar ceased to be Additional Director on 18 Dec 2020.
28 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Vajresh Consultants Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Vajresh Consultants Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Vajresh Consultants Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Vajresh Consultants Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Vajresh Consultants Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Vajresh Consultants Limited
Vajresh Consultants has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Vajresh Consultants was a public limited company based in Chennai, Tamil Nadu, India. The company worked in brokerage and trading services, within the financial services industry. It was incorporated on 30 January 2007 and is registered under CIN U74110TN2007PLC085016. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Vajresh Consultants was incorporated on 30 January 2007. It is registered with the Registrar of Companies, Chennai.
Vajresh Consultants had 3 directors:
- Dharmesh Ashwin Pansar - Director
- Kanchan Sadashiv Maske - Director
- Vishal Sadashiv Maske - Director
The CIN (Corporate Identification Number) of Vajresh Consultants is U74110TN2007PLC085016. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Vajresh Consultants is at A S K Building 1st Floor Room No 2 Old No 44 New No 57 C P Ramaswamy Road Abhiramapur, Am, Chennai, Tamil Nadu, India – 600018.
Vajresh Consultants reported revenue of ₹82.52 Lakh for FY 2021 (up 8320% YoY).
Vajresh Consultants has an authorised share capital of ₹405 Cr and a paid-up capital of ₹1.15 Cr.
Vajresh Consultants reported a net profit of ₹49.15 Lakh (net margin 59.6%) and EBITDA of ₹59.19 Lakh (EBITDA margin 71.7%) for FY 2021, as per its filed financial statements.
Vajresh Consultants operated in the financial services industry, in the brokerage and trading services segment.
The compounded annual growth rate (CAGR) of the revenue of Vajresh Consultants is -59% over three years. CAGR is the steady yearly rate that links the first and the last year.