MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0054029
Vama Apparels (India) Private Limited - fashion and textile in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹19.54 Cr
▼ 29% YoY
Net profit · FY 2023
₹72.55 Lakh
Net margin 3.7%
EBITDA · FY 2023
₹1 Cr
EBITDA margin 5.1%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹2.5 Cr
Secured borrowings
Company age
29 yrs
Est. 1997
Employees · EPFO
2
Provident fund records
About Vama Apparels (India) Private Limited
Data last updated:
Vama Apparels (India) Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the fashion retail segment of the fashion and textiles sector. It was incorporated on 19 August 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51311MH1997PTC110183. Its GSTIN is 27AAACV3456A1ZN (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Jaya Parmanand Patel and Seeta Salgia Patel.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Kanchanjunga72 – Peddar Road, Mumbai, Maharashtra, India – 400026.
As per the financials filed for FY 2023, the company reported a revenue of ₹19.54 Cr, a decline of 29% compared to the previous year. For the same year it recorded a net profit of ₹72.55 Lakh (net margin 3.7%) and EBITDA of ₹1 Cr (EBITDA margin 5.1%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 21% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.5 Cr on record. Court records list 37 cases involving the company, including 15 filed by the company and 22 filed against it; 13 cases are pending.
Vama Apparels (India) Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0054029). The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website vamastore.com.
Company details
CIN U51311MH1997PTC110183
Registration Number 110183
Incorporation Date 19 August 1997
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Non-Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0054029
Recognitions & Rankings of Vama Apparels (India)
Contact details
Vama Apparels (India) Private Limited's registered office is in Mumbai, Maharashtra. Its website is vamastore.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressKanchanjunga72 – Peddar Road, Mumbai, Maharashtra, India – 400026
- IndustryFashion and Textile, Fashion Retail
To see the full contact details of Vama Apparels (India) Private Limited, buy the company report.
Comprehensive company report
Vama Apparels (India) Private 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 Vama Apparels (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 Vama Apparels (India) Private Limited, buy the company report.
Financials of Vama Apparels (India) Private Limited
FY 2023 filings availableVama Apparels (India) Private Limited reported revenue of ₹19.54 Cr (down 29% YoY) for FY 2023.
Revenue · FY 2023
₹19.54 Cr ▼ 29%
Net profit · FY 2023
₹72.55 Lakh margin 3.7%
EBITDA · FY 2023
₹1 Cr margin 5.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 29%
3 years · compounded
▼ 14%
5 years · compounded
▲ 21%
EBITDA CAGR growth
1 year
▲ 58%
3 years · compounded
▲ 16%
5 years · compounded
▲ 6%
Revenue fell 29% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 21%. EBITDA rose 58% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹1 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹72.55 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.1% | ||||
| Net Profit Margin | 3.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
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| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Vama Apparels (India) Private Limited, buy the company report.
Board of directors of Vama Apparels (India) Private Limited
Vama Apparels (India) has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Seeta Salgia Patel | Additional Director | 10 Jan 2020 | 6 Years 9 Months | Current |
| Jaya Parmanand Patel | Director | 19 Aug 1997 | 29 Years 2 Months | Current |
Peer comparison
Vama Apparels (India) Private Limited is compared with the 5 companies closest to it by revenue in the Apparel industry (Apparel 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 |
|---|---|---|---|---|---|---|
| Saboo Sarees Private Limited | ₹19.71 Cr (FY 2025) | 21.0% | Kolkata, West Bengal, India | |||
| Arora Medi Lines Pvt. Ltd. | ₹19.68 Cr (FY 2022) | 6.0% | Noida, Uttar Pradesh, India | |||
| Vama Apparels (India) Private Limitedthis company | ₹19.54 Cr (FY 2023) | ₹72.55 Lakh | 3.7% | -29.0% | Mumbai, Maharashtra, India | |
| Rastogi Apparels (India) Private Limited | ₹19.53 Cr (FY 2025) | -6.0% | Bara Chauraha, Uttar Pradesh, India | |||
| LP Sarees Private Limited | ₹19.46 Cr (FY 2025) | -9.0% | Kolkata, West Bengal, India | |||
| Fashion Avant Garde Designs Private Limited | ₹19.23 Cr (FY 2025) | 1.0% | Pune, Maharashtra, India |
To see the full peer comparison of Vama Apparels (India) Private Limited, buy the company report.
Auditor
Vama Apparels (India) Private Limited is audited by D P M K & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D P M K & ASSOCIATES | FY 2022 | 140040W |
Shareholding
The shareholding of Vama Apparels (India) Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Vama Apparels (India) Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2.5 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Mar 2000 | 80068217 | Union Bank of India | ₹2.5 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Vama Apparels (India) Private Limited has 37 court cases on record: 15 filed by Vama Apparels (India), 22 filed against it. 13 cases are pending and 24 are disposed.
Total cases
37
Filed by the company
15
Filed against the company
22
Pending
13
Disposed
24
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 19 | 8 | 3 |
| District courts | 14 | 12 | 10 |
| Supreme Court | 2 | 1 | 0 |
| NCLT | 1 | 0 | 0 |
| NCLAT | 1 | 1 | 0 |
Cases on record (5 of 37)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by Ssipl Lifestyle Private Limited | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by Ssipl Retail Limited | Pending |
| Bombay High Court | Court case (S) | Filed by the company against Vama Private Limited Through Sole Board Member Navdeep Vora and 1 other | Pending |
| District court, North West, Delhi | Cheque dishonour complaint | Filed against the company by M/S Clix Capital Services Pvt. Ltd. | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by Ssipl Retail Limited | Pending |
To see the full case history of Vama Apparels (India) 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 Vama Apparels (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vama Apparels (India) has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACV3456A1ZN | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vama Apparels (India) Private Limited, buy the company report.
Recent activity
Vama Apparels (India) Private Limited has 4 board changes on record since 1997: 2 appointments and 2 cessations. The latest: Seeta Salgia Patel was appointed as Additional Director on 10 Jan 2020.
AGM
Vama Apparels (India) Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Vama Apparels (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai I.
Appointed
Seeta Salgia Patel was appointed as Additional Director.
Ceased
Vishal Rajkumar Salgia ceased to be Director.
Ceased
Indu Parmanand Patel ceased to be Director.
Charges
A charge with Union Bank Of India amounted to Rs. 250.00 Lakh with Charge ID 80068217 was registered on 09 Mar 2000.
Appointed
Jaya Parmanand Patel was appointed as Director.
Incorporation
19 Aug 1997
Vama Apparels (India) Private Limited was registered on 19 Aug 1997 with Roc Mumbai I & aged 29 years 2 months as per MCA records.
Frequently asked questions
Vama Apparels (India) is an active private limited company based in Mumbai, Maharashtra, India. The company works in fashion retail, within the fashion and textile industry. It was incorporated on 19 August 1997 (29+ years old) and is registered under CIN U51311MH1997PTC110183.
Vama Apparels (India) has 2 current directors:
- Seeta Salgia Patel - Additional Director
- Jaya Parmanand Patel - Director
The latest financial statements of Vama Apparels (India) on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Vama Apparels (India) is 27AAACV3456A1ZN, registered in Maharashtra.
The CIN (Corporate Identification Number) of Vama Apparels (India) is U51311MH1997PTC110183. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vama Apparels (India) has 37 court cases on record: 15 filed by the company and 22 filed against it. 13 are pending. Most are in the high courts.
Vama Apparels (India) was incorporated on 19 August 1997, making it 29+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Vama Apparels (India) by revenue are Saboo Sarees Private Limited, Arora Medi Lines Pvt. Ltd, Rastogi Apparels (India) Private Limited, LP Sarees Private Limited, Fashion Avant Garde Designs Private Limited, all in the Apparel industry (Apparel Retail and Distribution), with the same principal business activity (wholesale trading).
Seeta Salgia Patel was appointed as Additional Director on 10 Jan 2020. Vishal Rajkumar Salgia ceased to be Director on 12 Dec 2019. Indu Parmanand Patel ceased to be Director on 05 Apr 2010. Vama Apparels (India) has 4 board changes on record in total.
Yes, Vama Apparels (India) is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0054029).
Vama Apparels (India) can be reached through the website vamastore.com. Its registered office is in Mumbai, Maharashtra, India.
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