About Vas Data Services Private Limited
Data last updated:
Vas Data Services Private Limited is a private limited company based in New Delhi, Delhi, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the general e-commerce platforms segment of the e-commerce sector. It was incorporated on 08 February 2008.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72300DL2008PTC173847. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹12.05 Cr and a paid-up capital of ₹6.95 Cr. It is led by directors Sandeep Sharma and Vivek Gaur.
Its last annual general meeting (AGM) was held on 04 November 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at Level 1 Red Fort Capital Parsvnath Towers Bhai Veer Singh Marg Gole Market Near, C P, New Delhi, Delhi, India – 110001.
As per the financials filed for FY 2017, the company reported a revenue of ₹75.03 Cr, a decline of 30% compared to the previous year. For the same year it recorded a net loss of ₹56.95 Cr (net margin -75.9%) and EBITDA of -₹55.16 Cr (EBITDA margin -73.5%).
The company has about 1 employee on its provident fund (EPFO) records.
The company is associated with 1 brand: Yepme. As per MCA filings, the company has satisfied charges of ₹4.5 Cr on record. Court records list 99 cases involving the company, including 6 filed by the company and 93 filed against it; 41 cases are pending. The company has 22 deals on record (15 funding rounds, 6 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹531.65 Cr; the latest was in March 2017. Its 4 peer companies in the Ecommerce and Internet industry (Broad Based Ecommerce), with the same principal business activity (wholesale trading) are compared by revenue, 1 larger and 3 smaller; the largest is Cambium Retail Private Limited with revenue of ₹76.29 Cr.
The last known website on record is yepme.com.
Company details
Contact details
Vas Data Services Private Limited's registered office is in New Delhi, Delhi. Its website is yepme.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Apps
- Registered AddressLevel 1 Red Fort Capital Parsvnath Towers Bhai Veer Singh Marg Gole Market Near, C P, New Delhi, Delhi, India – 110001
- IndustryE-Commerce, General E-Commerce Platforms
To see the full contact details of Vas Data Services Private 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 activities of Vas Data Services are trade and manufacturing. In detail, this covers wholesale trading and textile, leather and other apparel products. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Vas Data Services Private Limited, buy the company report.
Financials of Vas Data Services Private Limited
FY 2016 filings availableVas Data Services Private Limited reported revenue of ₹75.03 Cr (down 30% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 30% in the latest year. EBITDA rose 70% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
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| Total Expenses | |||
| EBITDA | -₹55.16 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹56.95 Cr | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
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| Long-term Borrowings | |||
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Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -73.5% | ||
| Net Profit Margin | -75.9% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
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| Receivable Days | |||
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| Net Profit Growth | |||
To see the full financial statements and ratios of Vas Data Services Private Limited, buy the company report.
Board of directors of Vas Data Services Private Limited
Vas Data Services has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandeep Sharma Also directs: Yepme Data & Analytics Services Private Limited | Director | 01 Jun 2010 | 16 Years 5 Months | As last reported |
| Vivek Gaur Also directs: Yepme Data & Analytics Services Private Limited | Director | 05 Apr 2011 | 15 Years 6 Months | As last reported |
Peer comparison
Vas Data Services Private Limited is compared with the 4 companies closest to it by revenue in the Ecommerce and Internet industry (Broad Based Ecommerce), 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 |
|---|---|---|---|---|---|---|
| Cambium Retail Private Limited | ₹76.29 Cr (FY 2025) | -13.0% | Mumbai, Maharashtra, India | |||
| Vas Data Services Private Limitedthis company | ₹75.03 Cr (FY 2017) | -₹56.95 Cr | -75.9% | -30.0% | 1 | New Delhi, Delhi, India |
| Furtados Music (India) Private Limited | ₹74.17 Cr (FY 2025) | -2.0% | Mumbai, Maharashtra, India | |||
| Isha Business Private Limited | ₹72.41 Cr (FY 2024) | 3.0% | Coimbatore, Tamil Nadu, India | |||
| Rambo Enterprises Private Limited | ₹71.56 Cr (FY 2021) | -9.0% | New Delhi, Delhi, India |
To see the full peer comparison of Vas Data Services Private Limited, buy the company report.
Auditor
Vas Data Services Private Limited is audited by DHANRAJ KESARI & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DHANRAJ KESARI & CO | FY 2017 | 025065N |
Shareholding
The shareholding of Vas Data Services Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Vas Data Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Feb 2017 | 100085981 | Others | ₹4.5 Cr | Satisfied |
To see the full charge records of Vas Data Services Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Vas Data Services Private Limited has 22 deals on record (15 funding rounds, 6 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹531.65 Cr; the latest was in March 2017.
Deals on record (5 of 22)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 3 individuals |
| Oct 2015 | Secondary share transfer | Undisclosed | Buyer: BCCL Seller: an individual |
| Sep 2015 | Funding round · Series G | ₹190.5 Cr | Investors: Ramunia Investments (Mauritius) Limited |
| May 2015 | Funding round · Series F | ₹65 Cr | Investors: Morpheus Media Fund |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
To see the full deal history of Vas Data Services Private 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
Vas Data Services Private Limited has 99 court cases on record: 6 filed by Vas Data Services, 93 filed against it. 41 cases are pending and 58 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 96 | 91 | 41 |
| High courts | 3 | 2 | 0 |
Cases on record (5 of 99)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North West, Delhi | Criminal case | Filed against the company by Jaylink Overseas Pvt. Ltd. | Pending |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by M/S Quickdeal Logistics Pvt Ltd | Disposed |
| District court, Central, Delhi | Criminal case | Filed against the company by Sonata Information Technology Ltd. | Disposed |
| District court, Gurugram, Haryana | Criminal miscellaneous application | Filed against the company by an individual | Pending |
| District court, New Delhi, Delhi | Criminal case | Filed against the company by an individual | Pending |
To see the full case history of Vas Data Services 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 Vas Data Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Vas Data Services Private Limited has a workforce of 1 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
Vas Data Services has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Vas Data Services Private Limited, buy the company report.
Recent activity
Vas Data Services Private Limited has 12 board changes on record since 2010: 2 appointments and 10 cessations. The latest: Sonali Sethi ceased to be Company Secretary on 10 Oct 2018.
5 earlier events are in the company report.
News
Frequently asked questions
Vas Data Services is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Vas Data Services is a company under insolvency, formerly operating as a private limited company based in New Delhi, Delhi, India. The company works in general e-commerce platforms, within the e-commerce industry. It was incorporated on 08 February 2008 and is registered under CIN U72300DL2008PTC173847. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Vas Data Services has 2 current directors:
- Sandeep Sharma - Director
- Vivek Gaur - Director
The latest financial statements of Vas Data Services on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 04 November 2016. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Vas Data Services is U72300DL2008PTC173847. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vas Data Services has no open charges and satisfied charges of ₹4.5 Cr as per latest MCA filings.
Vas Data Services has 99 court cases on record: 6 filed by the company and 93 filed against it. 41 are pending. Most are in the district courts.
Vas Data Services was incorporated on 08 February 2008. It is registered with the Registrar of Companies, Delhi.
Vas Data Services has 22 deals on record (15 funding rounds, 6 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹531.65 Cr; the latest was in March 2017.
The peers of Vas Data Services by revenue are Cambium Retail Private Limited, Furtados Music (India) Private Limited, Isha Business Private Limited, Rambo Enterprises Private Limited, all in the Ecommerce and Internet industry (Broad Based Ecommerce), with the same principal business activity (wholesale trading).
Sonali Sethi ceased to be Company Secretary on 10 Oct 2018. Chintamani Aniruddha Bhagat ceased to be Additional Director on 03 Sep 2016. Yiu Bong Alan Chang ceased to be Director on 08 Aug 2016. Vas Data Services has 12 board changes on record in total.
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