MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-18-0069184
Vasa Speciality Steels Private Limited
Vasa Speciality Steels Private Limited - consumer electronics & durables in Borivlai East, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹17.79 Cr
▲ 162% YoY
Net profit · FY 2024
₹4.74 Lakh
Net margin 0.3%
EBITDA · FY 2024
₹17.34 Lakh
EBITDA margin 1%
Authorised capital
₹1.5 Lakh
Registered with MCA
Paid-up capital
₹1.5 Lakh
Issued & subscribed
Open charges
₹4 Cr
Satisfied ₹2.6 Cr
Company age
7 yrs
Est. 2019
Directors on board
4
As per MCA filings
About Vasa Speciality Steels Private Limited
Data last updated:
Vasa Speciality Steels Private Limited is a private limited company based in Borivlai East, Maharashtra, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 24 June 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U27106MH2019PTC327155. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1.5 Lakh and a paid-up capital of ₹1.5 Lakh. It is led by directors including Rupal Hitesh Vasa and Hitesh Shantilal Vasa.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Borivlai East, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹17.79 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹4.74 Lakh (net margin 0.3%) and EBITDA of ₹17.34 Lakh (EBITDA margin 1%). Revenue has grown at a compounded annual rate (CAGR) of 48% over three years.
As per MCA filings, the company has open charges of ₹4 Cr and satisfied charges of ₹2.6 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
Vasa Speciality Steels Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0069184). The current compliance status is marked as compliant by the Registrar of Companies.
Company Details of Vasa Speciality Steels Private Limited
CIN U27106MH2019PTC327155
Registration Number 327155
Incorporation Date 24 June 2019
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-18-0069184
Recognitions & Rankings of Vasa Speciality Steels
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressA/2 Om Shreenath Kunj Chs Ltd, 2nd Kasturba Road Nr Jagruti Hall Borivali (E), Borivlai East, Maharashtra, India – 400066
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
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Business Activity of Vasa Speciality Steels Private Limited
The main business activity of Vasa Speciality Steels is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Vasa Speciality Steels Private Limited FY 2024 filings available
Vasa Speciality Steels Private Limited reported revenue of ₹17.79 Cr (up 162% YoY) for FY 2024.
Revenue · FY 2024
₹17.79 Cr ▲ 162%
Net profit · FY 2024
₹4.74 Lakh margin 0.3%
EBITDA · FY 2024
₹17.34 Lakh margin 1%
Compounded Annual Growth Rate (CAGR) of Vasa Speciality Steels Private Limited
Revenue CAGR growth
1 year
▲ 162%
3 years · compounded
▲ 48%
EBITDA CAGR growth
1 year
▲ 2%
3 years · compounded
▲ 53%
Revenue has grown at a compounded annual rate (CAGR) of 48% over three years, including 162% growth in the latest year. EBITDA rose 2% 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 Vasa Speciality Steels Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹17.34 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹4.74 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 | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Vasa Speciality Steels Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.3% | •••• | •••• | •••• | •••• |
| 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 Vasa Speciality Steels are in the company report.
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Financial statements from FY 2020
Earlier years and trend charts are in the company report.
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Board of Directors of Vasa Speciality Steels Private Limited
Vasa Speciality Steels has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rupal Hitesh Vasa Also directs: Hitavi Tooling LLP, Vasa Minechem Private Limited, Vasa Global Tooling Solutions Private Limited and 2 more | Director | 03 Jan 2020 | 6 Years 9 Months | Current |
| Hitesh Shantilal Vasa Also directs: Vasa Minechem Private Limited, Vasa Global Tooling Solutions Private Limited, Stiack Intertrade Private Limited and 1 more | Director | 24 Jun 2019 | 7 Years 3 Months | Current |
| Jainam Hitesh Vasa | Director | 02 Aug 2024 | 2 Years 2 Months | Current |
| Shreya Hiteshbhai Vasa | Director | 02 Aug 2024 | 2 Years 2 Months | Current |
Peer Comparison of Vasa Speciality Steels Private Limited
Vasa Speciality Steels Private Limited is compared with the companies closest to it by revenue in the Metals and Minerals industry (Electronic Appliances Retail and Distribution, Metal Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| T.P. Bhattacharjee & Company Pvt. Ltd. | ₹17.84 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Kolkata, West Bengal, India |
| Future Marketing Systems Private Limited | ₹17.83 Cr (FY 2024) | •••• | •••• | 2.0% | •••• | Ernakulam, Kerala, India |
| Proultima Engineering Solutions Private Limited | ₹17.82 Cr (FY 2025) | •••• | •••• | 385.0% | •••• | Sriperumbudur, Tamil Nadu, India |
| Andhra Electric and Engineering Company Private Limited | ₹17.8 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Navi Mumbai, Maharashtra, India |
| Arora Ferros Private Limited | ₹17.79 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Nashik, Maharashtra, India |
| Vasa Speciality Steels Private Limited this company | ₹17.79 Cr (FY 2024) | •••• | •••• | 162.0% | •••• | Borivlai East, Maharashtra, India |
| Uppals Engineering Projects (India) Private Limited | ₹17.79 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Faridabad, Haryana, India |
| Gemini Cooling Systems Projects Private Limited | ₹17.77 Cr (FY 2025) | •••• | •••• | 26.0% | •••• | Chennai, Tamil Nadu, India |
| Swift Electrocomp Solutions Private Limited | ₹17.74 Cr (FY 2024) | •••• | •••• | -20.0% | •••• | Bengaluru, Karnataka, India |
| Inno Steels Private Limited | ₹17.72 Cr (FY 2024) | •••• | •••• | 17.0% | •••• | Hosur, Tamil Nadu, India |
| NRS Mercantile Services Pvt Ltd | ₹17.71 Cr (FY 2025) | •••• | •••• | -16.0% | •••• | Guwhati, Assam, India |
Peers are the five companies nearest above and the five nearest below Vasa Speciality Steels by revenue in the Metals and Minerals industry (Electronic Appliances Retail and Distribution, Metal Retail and Distribution), 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 Vasa Speciality Steels Private Limited
Vasa Speciality Steels Private Limited is audited by N.B. Vasa and Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| N.B. Vasa and Co. | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Vasa Speciality Steels Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Vasa Speciality Steels Private Limited
Open charges
₹4 Cr
Satisfied charges
₹2.6 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Feb 2024 | Others | ₹4 Cr | Open |
| 12 Dec 2022 | Hdfc Bank Limited | ₹2.6 Cr | Satisfied |
Total charge records: 2 View all charges
Legal Cases of Vasa Speciality Steels Private Limited
Vasa Speciality Steels Private Limited has 1 court case on record: 1 filed against it. All case is pending. Status as checked on 02 Oct 2026.
Total cases
1
Filed against the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by Icici Bank Limited | Pending |
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Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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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 Vasa Speciality Steels Private Limited
Employment history and EPFO contributions of people linked to Vasa Speciality Steels.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Vasa Speciality Steels Private Limited
Vasa Speciality Steels Private Limited has 6 board changes on record since 2019: 5 appointments and 1 cessation. The latest: Gunvant Shantilal Vasa ceased to be Director on 05 Aug 2024.
AGM
Vasa Speciality Steels Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Gunvant Shantilal Vasa ceased to be Director.
Appointed
Jainam Hitesh Vasa was appointed as Director.
Appointed
Shreya Hiteshbhai Vasa was appointed as Director.
Filing
Vasa Speciality Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai I.
Charges
A charge registered on 12 Dec 2022 via Charge ID 100666432 with Hdfc Bank Limited was fully satisfied on 22 Mar 2024.
Charges
A charge with Others amounted to Rs. 400.00 Lakh with Charge ID 100909344 was registered on 13 Feb 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 260.00 Lakh with Charge ID 100666432 was registered on 12 Dec 2022.
Appointed
Rupal Hitesh Vasa was appointed as Director.
Appointed
Gunvant Shantilal Vasa was appointed as Director.
Appointed
Hitesh Shantilal Vasa was appointed as Director.
Incorporation
24 Jun 2019
Vasa Speciality Steels Private Limited was registered on 24 Jun 2019 with Roc Mumbai I & aged 7 years 4 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Vasa Speciality Steels Private Limited
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Credit ratings, litigation, and regulatory alerts
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MSME Payment Delays by Vasa Speciality Steels Private Limited
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Vasa Speciality Steels Private Limited
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Corporate group structure
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GST Compliance of Vasa Speciality Steels Private Limited
Vasa Speciality Steels has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
Total GSTINs
1
Cancelled / inactive
1
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MCA Filings & Documents of Vasa Speciality Steels Private Limited
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Frequently Asked Questions about Vasa Speciality Steels Private Limited
Vasa Speciality Steels is an active private limited company based in Borivlai East, Maharashtra, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 24 June 2019 (7+ years old) and is registered under CIN U27106MH2019PTC327155.
Vasa Speciality Steels reported revenue of ₹17.79 Cr for FY 2024 (up 162% YoY).
Vasa Speciality Steels has 4 current directors:
- Rupal Hitesh Vasa - Director
- Hitesh Shantilal Vasa - Director
- Jainam Hitesh Vasa - Director
- Shreya Hiteshbhai Vasa - Director
Vasa Speciality Steels reported a net profit of ₹4.74 Lakh (net margin 0.3%) and EBITDA of ₹17.34 Lakh (EBITDA margin 1%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Vasa Speciality Steels is 48% over three years. In the latest year (FY 2024) revenue rose 162%. CAGR is the steady yearly rate that links the first and the last year.
No. Vasa Speciality Steels has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Vasa Speciality Steels is U27106MH2019PTC327155. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vasa Speciality Steels has 1 court case on record: 1 filed against it. 1 is pending.
Vasa Speciality Steels was incorporated on 24 June 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Vasa Speciality Steels by revenue are T.P. Bhattacharjee & Company Pvt. Ltd, Future Marketing Systems Private Limited, Proultima Engineering Solutions Private Limited, Andhra Electric and Engineering Company Private Limited, Arora Ferros Private Limited and 5 more, all in the Metals and Minerals industry (Electronic Appliances Retail and Distribution, Metal Retail and Distribution).
Gunvant Shantilal Vasa ceased to be Director on 05 Aug 2024. Jainam Hitesh Vasa was appointed as Director on 02 Aug 2024. Shreya Hiteshbhai Vasa was appointed as Director on 02 Aug 2024. Vasa Speciality Steels has 6 board changes on record in total.