Vas Infrastructure Limited (CN) - financial services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN L65100MH1994PLC076538 Incorporated 11 February 1994 ROC Mumbai HQ Mumbai, Maharashtra, India
Under Insolvency Listed - BSE: 531574 Public Limited Company financial services
Data last updated
Market Cap
₹9.53 Cr
VASINFRA · BSE
Share Price
₹6.14
-2.54% today
EBITDA
−₹0.54 Cr
FY 2025-26
Net Profit
₹0.33 Cr
FY 2025-26 · +166.0% YoY
P/E (TTM)
26.1x
P/B -
Authorised capital
₹40 Cr
Registered with MCA
Paid-up capital
₹15.13 Cr
Issued & subscribed
Open charges
₹300.49 Cr
Secured borrowings

About Vas Infrastructure Limited (CN)

Data last updated:

Vas Infrastructure Limited (CN) is a public limited company based in Mumbai, Maharashtra, 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 non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 11 February 1994.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L65100MH1994PLC076538. Its GSTIN is 27AAACV3537A1ZP (Maharashtra). Its shares are listed on BSE: 531574.

The company has an authorised share capital of ₹40 Cr and a paid-up capital of ₹15.13 Cr. It was formerly known as Vasparr Securities Limited and Vas Animations and Entertainment Limited. It is led by directors Kirti Kishore Padave (Whole-Time Director) and Dhrupchand Ramdhar Varma.

Its last annual general meeting (AGM) was held on 23 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.

The company is associated with 1 brand: Vas Infrastructure. As per MCA filings, the company has open charges of ₹300.49 Cr on record. Court records list 103 cases involving the company, including 40 filed by the company and 34 filed against it; 35 cases are pending.

The last known website on record is vasinfrastructureltd.com.

Company Details of Vas Infrastructure Limited (CN)
CIN L65100MH1994PLC076538
Registration Number 076538
Incorporation Date 11 February 1994
ROC Mumbai
Listing Status Listed (BSE: 531574)
Company Status Under CIRP
Date of Last AGM 23 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
    Locked
  • Registered Address
    Madhav Niwas Chsl Flat No B – 1B First Floor, Natakwala Lane Opp S.V. Road Borivali West, Mumbai, Maharashtra, India – 400092
  • Industry
    Financial Services, NBFC, Investment & Credit NBFC
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Financials, compliance, directors, charges, ownership and filings for Vas Infrastructure Limited (CN) in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Vas Infrastructure Limited (CN)

The main business activity of Vas Infrastructure Limited (CN) is construction. In detail, this covers buildings.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
FConstructionF1BuildingsLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

  • Turnover contribution
  • Historical classifications
  • Filing-level activity changes

Verified entity values are shown only after access is granted.

Financials of Vas Infrastructure Limited (CN) FY 2025-26 filings available

Vas Infrastructure Limited (CN) reported revenue of ₹- for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹0.00 Cr
EBITDA
−₹0.54 Cr
+6.9% YoY
Profit After Tax
₹0.33 Cr
+166.0% YoY
Net Worth
-
Total Assets
-
Total Debt
-

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue0.000.00(0.42)1.620.21(1.60)2.62
Revenue growth-+100.0%-125.9%+671.4%+113.1%-161.1%-
EBITDA(0.54)(0.58)(9.11)(6.95)(7.89)(0.92)(2.26)
EBITDA margin--+2169.1%-429.0%-3757.1%+57.5%-86.3%
Profit before tax0.34(0.49)(62.26)(47.05)(48.47)(35.19)(27.58)
Net profit0.33(0.50)(62.26)(55.00)(49.19)(35.19)(27.52)
Net profit margin----3395.1%-+2199.4%-1050.4%
EPS (₹)0.21(0.33)(41.15)(31.10)(32.51)(23.27)(18.23)
Balance sheet
Total assets-(139)(138)(84.95)(38.22)15.80148
Net worth-(260)(259)(197)(150)(102)(67.29)
Total debt-120120110109115212
Cash & bank-2.520.14(0.03)0.840.470.73
Net working capital-(223)(223)(170)(41.28)14.11143
Cash flow
Cash from operations-2.21(10.54)72.897.420.362.76
Cash from investing-0.120.55(73.86)0.550.46(0.93)
Cash from financing-0.0510.160.10(7.60)(1.10)(1.73)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue0.000.000.000.000.000.000.000.00
Other income0.030.570.120.210.000.050.060.00
Total expenses0.160.150.090.120.180.140.110.22
EBITDA(0.16)(0.15)(0.09)(0.12)(0.18)(0.14)(0.11)(0.22)
Depreciation0.000.000.000.000.000.000.010.01
Interest0.000.000.000.000.000.000.000.00
Profit before tax(0.13)0.420.030.09(0.18)(0.09)(0.06)(0.23)
Tax0.000.010.000.000.000.010.000.00

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 09 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue0.000.000.000.000.000.000.000.00
Other income0.030.570.120.210.000.050.060.00
Total expenses0.160.150.090.120.180.140.110.22
EBITDA(0.16)(0.15)(0.09)(0.12)(0.18)(0.14)(0.11)(0.22)
Depreciation0.000.000.000.000.000.000.010.01
Interest0.000.000.000.000.000.000.000.00
Profit before tax(0.13)0.420.030.09(0.18)(0.09)(0.06)(0.23)
Tax0.000.010.000.000.000.010.000.00
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue0.000.00(0.42)1.620.21(1.60)2.62
Revenue growth-+100.0%-125.9%+671.4%+113.1%-161.1%-
Other income0.890.120.018.331.920.600.71
Total expenses0.540.588.698.578.10(0.68)4.88
Employee cost0.000.010.450.420.360.520.89
EBITDA(0.54)(0.58)(9.11)(6.95)(7.89)(0.92)(2.26)
EBITDA margin--+2169.1%-429.0%-3757.1%+57.5%-86.3%
Depreciation0.010.030.120.120.280.250.30
Interest0.000.0053.0448.3142.2234.6225.73
Profit before tax0.34(0.49)(62.26)(47.05)(48.47)(35.19)(27.58)
Tax0.010.010.000.000.710.000.00
Net profit0.33(0.50)(62.26)(55.00)(49.19)(35.19)(27.52)
Net profit margin----3395.1%-+2199.4%-1050.4%
EPS (₹)0.21(0.33)(41.15)(31.10)(32.51)(23.27)(18.23)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital-15.1315.1315.1315.1315.1315.13
Reserves & surplus-(275)(274)(212)(166)(118)(82.42)
Shareholders' funds (net worth)-(260)(259)(197)(150)(102)(67.29)
Secured loans-0.000.000.00109115212
Unsecured loans-1201201100.000.000.00
Total debt-120120110109115212
Total liabilities-(139)(138)(84.95)(38.22)15.80148
Assets
Gross block-2.052.052.052.062.104.08
Net block-0.020.050.160.350.623.05
Capital work in progress-0.000.000.000.000.000.00
Investments-83.9283.9484.231.700.620.52
Inventories-53.1453.1454.2255.0955.2752.62
Sundry debtors-0.000.010.481.586.487.09
Cash & bank balances-2.520.14(0.03)0.840.470.73
Loans & advances-0.290.210.6988.4988.0385.21
Total current assets-55.9553.5055.36146150146
Total current liabilities-2792762261871363.06
Net working capital-(223)(223)(170)(41.28)14.11143
Total assets-(139)(138)(84.95)(38.22)15.80148
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash-0.13(0.04)0.820.450.730.63
Net cash from operating activities-2.21(10.54)72.897.420.362.76
Net cash from investing activities-0.120.55(73.86)0.550.46(0.93)
Net cash from financing activities-0.0510.160.10(7.60)(1.10)(1.73)
Net change in cash-2.380.17(0.86)0.37(0.28)0.10
Closing cash-2.520.14(0.03)0.840.470.73
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-+100.0%-125.9%+671.4%+113.1%-161.1%-
EBITDA growth+6.9%+93.6%-31.1%+11.9%-757.6%+59.3%-
PBT growth+9998.0%+99.2%-32.3%+2.9%-37.7%-27.6%-6.8%
Net income growth+166.0%+99.2%-13.2%-11.8%-39.8%-27.9%-
Revenue CAGR (3Y)-100.0%-100.0%-36.0%-14.8%-39.1%--45.6%
EBITDA CAGR (3Y)-57.3%-58.1%+114.7%+45.4%-2.4%-39.2%+40.8%
Profitability & leverage
Net income margin----2904.3%-+2199.4%-1052.7%
Return on capital employed-0.0%0.0%0.0%0.0%0.0%0.0%
Return on net worth-0.0%0.0%0.0%0.0%0.0%0.0%
Debt / equity-0.000.000.000.000.000.00
Long-term debt / equity-0.000.000.000.000.000.00
Interest cover0.000.00-574.65-683.31-516.77-2,958.97-1,005.08
Efficiency & per share
Fixed asset turnover-0.000.000.810.100.000.76
Inventory turnover-0.000.000.030.000.000.05
Debtors turnover-0.000.001.570.050.000.34
EPS (₹)0.21(0.33)(41.15)(31.10)(32.51)(23.27)(18.23)
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)0.00(171.55)(171.20)(130.22)(99.48)(67.67)(44.47)
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Peer Comparison of Vas Infrastructure Limited (CN)

Vas Infrastructure Limited (CN) is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers, NBFC Investment and Credit Companies, Small Non Deposit NBFC). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Bluerose Traders Private Limited₹12.12 Lakh (FY 2025)••••••••2349.0%••••Kolkata, West Bengal, India
HMT Buildcom Private Limited₹12.12 Lakh (FY 2025)••••••••13367.0%••••Bareilly, Uttar Pradesh, India
DD Global Capital Private Limited₹12.12 Lakh (FY 2025)••••••••5960.0%••••Delhi, India
Kamlesh Real Estates Private Limited₹12.12 Lakh (FY 2025)••••••••1.0%••••Mumbai, Maharashtra, India
Pushpom Buildtech Associates Private Limited₹12.11 Lakh (FY 2024)••••••••-49.0%••••Jodhpur, Rajasthan, India
Nakoda City Developers Private Limited₹12.11 Lakh (FY 2025)••••••••235.0%••••Mandsaur, Madhya Pradesh, India
Adarsh Buildtech Private Limited₹12.11 Lakh (FY 2025)••••••••3350.0%••••New Delhi, Delhi, India
BRB Landmarks Private Limited₹12.11 Lakh (FY 2025)••••••••9.0%••••Pune, Maharashtra, India
Ufl Leasing Limited₹12.11 Lakh (FY 2025)••••••••-19.0%••••New Delhi, Delhi, India
Axix Vyapaar Pvt.Ltd.₹12.1 Lakh (FY 2025)••••••••-62.0%••••Kolkata, West Bengal, India

Peers are the five companies nearest above and the five nearest below Vas Infrastructure Limited (CN) by revenue in the Real Estate industry (Builders and Developers, NBFC Investment and Credit Companies, Small Non Deposit NBFC), 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 Vas Infrastructure Limited (CN)

Vas Infrastructure Limited (CN) is audited by Satyaprakash Natani & Co for the financial year 2023.

NameStatusAppointment DateCessation Date
Satyaprakash Natani & CoLockedLockedLocked
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Complete auditor history

Appointment and cessation dates and past auditor changes are in the company report.

  • Appointment status
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  • Auditor changes

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Board of Directors of Vas Infrastructure Limited (CN)

Vas Infrastructure Limited (CN) has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Dhrupchand Ramdhar VarmaDirector18 Dec 20214 Years 9 MonthsAs last reported
Kirti Kishore PadaveWhole-Time Director14 Aug 201214 Years 1 MonthsAs last reported

Shareholding Pattern of Vas Infrastructure Limited (CN)

Shareholding for the quarter ended Jun 2026: promoters hold 38.10%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 61.90%.

Promoters: 38.10%Retail & Others: 61.90%
Jun 2026
QUARTER
38.10% Promoters
61.90% Retail & Others
Promoter holding - history
Now 38.10% · Jun 2026High 38.10% · Sep 2025Low 38.10% · Sep 2025
37%37.8%38.5%39.3%40%Sep 2025Dec 2025Mar 2026Jun 2026Sep 2025: 38.10%Dec 2025: 38.10%Mar 2026: 38.10%Jun 2026: 38.10%38.10%38.10%
Shareholding trend - last 6 quarters
Jun 2026Mar 2026Dec 2025Sep 2025
Promoters38.10%38.10%38.10%38.10%
Public61.90%61.90%61.90%61.90%

Charges & Borrowings of Vas Infrastructure Limited (CN)

Open charges
₹300.49 Cr
Satisfied charges
None
Breakdown by lending institutions
Syndicate Bank₹300.00 Cr
Bank of India₹0.25 Cr
Mahindra and Mahindra Financial Services Limited₹0.24 Cr
Latest charge details
DateLenderAmountStatus
17 Oct 2013Syndicate Bank₹40 CrOpen
13 Aug 2013Syndicate Bank₹40 CrOpen
09 Mar 2013Syndicate Bank₹75 CrOpen
09 Mar 2013Syndicate Bank₹90 CrOpen
11 Sep 2012Syndicate Bank₹55 CrOpen

Total charge records: 9 View all charges

MSME Payment Delays by Vas Infrastructure Limited (CN)

Vas Infrastructure Limited (CN) has 3 MSME Form 1 returns on record between 2019 and 2023, listing 24 overdue payments to 5 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 5)

SupplierAmount dueDue sinceReported on
Mufg Intime India Private Limited••••••••••••
Crayons Advertising Limited••••••••••••
an individual supplier••••••••••••
Crystal Corporation••••••••••••
R.K. Inovattive Doors••••••••••••
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Full MSME payment history

Every supplier, amount and due date from all 3 MSME Form 1 returns is in the company report.

  • Every reported supplier due
  • Amounts and due dates
  • Reasons given in each return
  • Period-by-period history

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Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.

Associated Brands with Vas Infrastructure Limited (CN)

Vas Infrastructure Limited (CN) operates one associated brand: Vas Infrastructure. Each brand links to its own profile.

BrandDescriptionWebsite
Limited information availablevasinfrastructure.in

Employees and EPFO Compliance at Vas Infrastructure Limited (CN)

Employment history and EPFO contributions of people linked to Vas Infrastructure Limited (CN).

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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

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Name History of Vas Infrastructure Limited (CN)

Vas Infrastructure Limited (CN) has undergone 4 name changes throughout its history. The current legal name is Vas Infrastructure Limited (Cn).

Company NameStatus
Vas Infrastructure Limited (CN)Current
Vasparr Securities LimitedPrevious
Vas Animations And Entertainment LimitedPrevious
Vasparr Consultancy Services Private LimitedPrevious
Vasparr Consultancy Services LimitedPrevious

CIN History of Vas Infrastructure Limited (CN)

Vas Infrastructure Limited (CN) has one previous CIN (Corporate Identification Number): L74999MH1994PLC076538. The current CIN is L65100MH1994PLC076538, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L65100MH1994PLC076538Current
L74999MH1994PLC076538Previous

Recent Activity on Vas Infrastructure Limited (CN)

Vas Infrastructure Limited (CN) has 20 board changes on record since 2002: 11 appointments and 9 cessations. The latest: Ajaykumar Nautamlal Jani ceased to be Director on 06 Mar 2024.

AGM
Vas Infrastructure Limited (Cn) last Annual general meeting of members was held on 23 Sep 2024 as per latest MCA records.
Filing
Vas Infrastructure Limited (Cn) has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Ceased
Ajaykumar Nautamlal Jani ceased to be Director.
Ceased
Ravindra Shamjibhai Dungarshi ceased to be Director.
Appointed
Dhrupchand Ramdhar Varma was appointed as Director.
Ceased
Vinod Chintaman Deo ceased to be Director.
Appointed
Ravindra Shamjibhai Dungarshi was appointed as Director.
Ceased
Venkataramana Pakala ceased to be Director.
Ceased
Jayesh Vinodrai Valia ceased to be Whole-Time Director.
Ceased
Babulal Jain ceased to be Director.
Ceased
Ganesan Venkatraman ceased to be Additional Director.
Appointed
Venkataramana Pakala was appointed as Director.

23 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Vas Infrastructure Limited (CN)

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Credit ratings, litigation, and regulatory alerts

Credit ratings, court records and regulatory alerts are in the company report.

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Subsidiaries & Group Companies of Vas Infrastructure Limited (CN)

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Corporate group structure

Parent, subsidiary, associate and joint venture records with holdings are in the company report.

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GST Compliance of Vas Infrastructure Limited (CN)

Vas Infrastructure Limited (CN) has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAACV3537A1ZPMaharashtraActive01 Jul 2017
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Vas Infrastructure Limited (CN)

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MCA filings and documents

Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.

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  • Annual returns and statements
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Frequently Asked Questions about Vas Infrastructure Limited (CN)

Vas Infrastructure Limited (CN) 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 Infrastructure Limited (CN) is a company under insolvency, formerly operating as a public limited company based in Mumbai, Maharashtra, India. The company works in nbfc, within the financial services industry. It was incorporated on 11 February 1994 and is registered under CIN L65100MH1994PLC076538. Listed on BSE: 531574. Caution is advised - the company may not have the legal capacity to fulfil new agreements.

Vas Infrastructure Limited (CN) has 2 current directors:

The CIN (Corporate Identification Number) of Vas Infrastructure Limited (CN) is L65100MH1994PLC076538. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Vas Infrastructure Limited (CN) is listed on BSE with code 531574.

Vas Infrastructure Limited (CN) has open charges of ₹300.49 Cr and no satisfied charges on record as per latest MCA filings.

Vas Infrastructure Limited (CN) has 103 court cases on record: 40 filed by the company and 34 filed against it. 35 are pending. Most are in the district courts.

Vas Infrastructure Limited (CN) was incorporated on 11 February 1994. It is registered with the Registrar of Companies, Mumbai.

The peers of Vas Infrastructure Limited (CN) by revenue are Bluerose Traders Private Limited, HMT Buildcom Private Limited, DD Global Capital Private Limited, Kamlesh Real Estates Private Limited, Pushpom Buildtech Associates Private Limited and 5 more, all in the Real Estate industry (Builders and Developers, NBFC Investment and Credit Companies, Small Non Deposit NBFC).

Ajaykumar Nautamlal Jani ceased to be Director on 06 Mar 2024. Ravindra Shamjibhai Dungarshi ceased to be Director on 06 Mar 2024. Dhrupchand Ramdhar Varma was appointed as Director on 18 Dec 2021. Vas Infrastructure Limited (CN) has 20 board changes on record in total.

Vas Infrastructure Limited (CN) has 3 MSME Form 1 returns on record between 2019 and 2023, listing 24 overdue payments to 5 micro and small suppliers. The latest return was filed on 27 Aug 2023.

Vas Infrastructure Limited (CN) can be reached through the website vasinfrastructureltd.com. Its registered office is in Mumbai, Maharashtra, India.

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