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 The company has 1 GST registration on record, which is no longer active.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
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
Vasa Speciality Steels Private Limited's registered office is in Borivlai East, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- 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
To see the full contact details of Vasa Speciality Steels Private Limited, buy the company report.
Comprehensive company report
Vasa Speciality Steels 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 Vasa Speciality Steels is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Vasa Speciality Steels Private Limited, buy the company report.
Financials of Vasa Speciality Steels Private Limited
FY 2024 filings availableVasa 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)
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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹17.34 Lakh | ||||
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| Net Profit (PAT) | ₹4.74 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 1% | ||||
| Net Profit Margin | 0.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Vasa Speciality Steels Private Limited, buy the company report.
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 |
Auditor
Vasa Speciality Steels Private Limited is audited by N.B. Vasa and Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N.B. Vasa and Co. | FY 2023 | 102854 |
Shareholding
The shareholding of Vasa Speciality Steels Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Vasa Speciality Steels Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4 Cr
Satisfied charges
₹2.6 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Feb 2024 | 100909344 | Others | ₹4 Cr | Open | |
| 12 Dec 2022 | 100666432 | Hdfc Bank Limited | ₹2.6 Cr | Satisfied |
To see the full charge records of Vasa Speciality Steels Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Vasa Speciality Steels Private Limited has 1 court case on record: 1 filed against it. All case is pending.
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 Through Its Ao, Mr. Abin Choudhary | Pending |
To see the full case history of Vasa Speciality Steels 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 Vasa Speciality Steels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
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
To see the full GST registrations and return filing status of Vasa Speciality Steels Private Limited, buy the company report.
Recent activity
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.
Frequently asked questions
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 has 4 current directors:
- Rupal Hitesh Vasa - Director
- Hitesh Shantilal Vasa - Director
- Jainam Hitesh Vasa - Director
- Shreya Hiteshbhai Vasa - Director
The latest financial statements of Vasa Speciality Steels on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2020 are in the company report.
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.
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.
Yes, Vasa Speciality Steels is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0069184).
The registered office of Vasa Speciality Steels is at A2 Om Shreenath Kunj Chs Ltd, 2nd Kasturba Road Nr Jagruti Hall Borivali E, Borivlai East, Maharashtra, India – 400066.