MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-01-0064650
Vasant Masala Private Limited - food and beverages in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹224.06 Cr
▲ 1% YoY
Net profit · FY 2025
₹12.74 Cr
Net margin 5.7%
EBITDA · FY 2025
₹21.9 Cr
EBITDA margin 9.8%
Authorised capital
₹60 Lakh
Registered with MCA
Paid-up capital
₹53.67 Lakh
Issued & subscribed
Open charges
₹133.02 Cr
Satisfied ₹9.79 Cr
Company age
27 yrs
Est. 1999
Employees · EPFO
413
Provident fund records
About Vasant Masala Private Limited
Data last updated:
Vasant Masala Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the spice manufacturing and distribution segment of the food and beverages sector. It was incorporated on 19 April 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U15499GJ1999PTC035793. Its GSTIN is 24AAACV9648J1ZW (Gujarat). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹60 Lakh and a paid-up capital of ₹53.67 Lakh. It is led by directors including Rajkamal Bapulal Bhandari and Nirmit Chandrakant Bhandari.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹224.06 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹12.74 Cr (net margin 5.7%) and EBITDA of ₹21.9 Cr (EBITDA margin 9.8%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 19% over five years.
The company has about 413 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹133.02 Cr and satisfied charges of ₹9.79 Cr on record. Court records list 19 cases involving the company, including 3 filed by the company and 16 filed against it; 1 case is pending. The company has 5 deals on record (3 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹40 Lakh; the latest was in April 2019.
Vasant Masala Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0064650). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vasantmasala.com.
Company details
CIN U15499GJ1999PTC035793
Registration Number 035793
Incorporation Date 19 April 1999
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-01-0064650
Key People
Rajkamal Bapulal Bhandari Director Nirmit Chandrakant Bhandari Director Chandrakant Bapulal Bhandari Director Recognitions & Rankings of Vasant Masala
Contact details
Vasant Masala Private Limited's registered office is in Ahmedabad, Gujarat. Its website is vasantmasala.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressA – 117/118 First Floor Lilamani Trade Centre Dudheshwar Road Nr. Brts Circle O/S. Del, Hi Darwaza, Ahmedabad, Gujarat, India – 380004
- IndustryFood and Beverages, Spice Manufacturing & Distribution
To see the full contact details of Vasant Masala Private Limited, buy the company report.
Comprehensive company report
Vasant Masala 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Vasant Masala is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products |
To see the full business activity and turnover split of Vasant Masala Private Limited, buy the company report.
Financials of Vasant Masala Private Limited
FY 2025 filings availableVasant Masala Private Limited reported revenue of ₹224.06 Cr (up 1% YoY) for FY 2025.
Revenue · FY 2025
₹224.06 Cr ▲ 1%
Net profit · FY 2025
₹12.74 Cr margin 5.7%
EBITDA · FY 2025
₹21.9 Cr margin 9.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 1%
3 years · compounded
▲ 16%
5 years · compounded
▲ 19%
EBITDA CAGR growth
1 year
▼ 2%
3 years · compounded
▲ 14%
5 years · compounded
▲ 23%
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 1% growth in the latest year. EBITDA fell 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹21.9 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹12.74 Cr | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.8% | ||||
| Net Profit Margin | 5.7% | ||||
| 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 | |||||
To see the full financial statements and ratios of Vasant Masala Private Limited, buy the company report.
Board of directors of Vasant Masala Private Limited
Vasant Masala has 5 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 |
|---|---|---|---|---|
| Rajkamal Bapulal Bhandari | Director | 01 Jan 2004 | 22 Years 10 Months | Current |
| Nirmit Chandrakant Bhandari | Director | 11 Mar 2014 | 12 Years 7 Months | Current |
| Chandrakant Bapulal Bhandari | Director | 19 Apr 1999 | 27 Years 6 Months | Current |
| Omprakash Bapulal Bhandari | Director | 19 Apr 1999 | 27 Years 6 Months | Current |
| Ashish Bapulal Bhandari | Director | 01 Jan 2004 | 22 Years 10 Months | Current |
Auditor
Vasant Masala Private Limited is audited by SANJAY VASTUPAL & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANJAY VASTUPAL & CO | FY 2022 | 109187W |
Shareholding
The shareholding of Vasant Masala Private Limited is on record for 5 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 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Vasant Masala Private Limited, buy the company report.
Charges & borrowings
Open charges
₹133.02 Cr
Satisfied charges
₹9.79 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Aug 2023 | 100762027 | Hdfc Bank Limited | ₹23.98 Lakh | Open | |
| 17 Oct 2022 | 100640173 | Hdfc Bank Limited | ₹36.59 Lakh | Open | |
| 05 Sep 2022 | 100611574 | Hdfc Bank Limited | ₹26.5 Lakh | Open | |
| 05 Oct 2020 | 100391404 | Others | ₹3.6 Cr | Open | |
| 06 May 2019 | 100264703 | Others | ₹22.9 Lakh | Open |
To see the full charge records of Vasant Masala Private Limited, buy the company report.
Total charge records: 11 View all charges
Deals & funding
Vasant Masala Private Limited has 5 deals on record (3 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹40 Lakh; the latest was in April 2019.
Total deals
5
Secondary share transfers
3
Rights issue
1
Funding round
1
Disclosed funding
₹40 Lakh
Deals on record (4 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2019 | Rights issue | ₹3 Cr | Investors: 4 individuals |
| Dec 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Sep 2013 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| May 2009 | Funding round | ₹40 Lakh | Investors: 4 individuals |
To see the full deal history of Vasant Masala 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
Vasant Masala Private Limited has 19 court cases on record: 3 filed by Vasant Masala, 16 filed against it. 1 case is pending and 18 are disposed.
Total cases
19
Filed by the company
3
Filed against the company
16
Pending
1
Disposed
18
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 19 | 16 | 1 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (REFERENCE T LC) | Filed against the company by an individual | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Government of Gujarat | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Government of Gujarat | Disposed |
| District court, Dahod, Gujarat | Court case (WC MIS LC) | Filed against the company by individuals | Disposed |
| District court, Ahmedabad, Gujarat | Criminal miscellaneous application | Filed by the company against The State of Gujarat | Disposed |
To see the full case history of Vasant Masala 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.
Credit ratings & regulatory alerts
Vasant Masala Private Limited was last rated by Care on 07 Mar 2018.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 07 Mar 2018 |
To see the full credit ratings and regulatory alerts of Vasant Masala Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Vasant Masala Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Vasant Masala Private Limited has a workforce of 413 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
Employee count
413
Active EPFO establishments
1
Employee growth
4.03%
GST
Vasant Masala has 3 GST registrations: 3 active.
Total GSTINs
3
Active
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACV9648J1ZW | Gujarat | Active | 01 Jul 2017 |
| 37AAACV9648J1ZP | Andhra Pradesh | Active | 10 Oct 2024 |
| 27AAACV9648J1ZQ | Maharashtra | Active | 21 Nov 2024 |
To see the full GST registrations and return filing status of Vasant Masala Private Limited, buy the company report.
Recent activity
Vasant Masala Private Limited has 5 board changes on record since 1999: 5 appointments. The latest: Nirmit Chandrakant Bhandari was appointed as Director on 11 Mar 2014.
AGM
Vasant Masala Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Vasant Masala Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge registered on 30 Mar 2022 via Charge ID 100558231 with Others was fully satisfied on 23 Jan 2024.
Charges
A charge with Others of Rs. 4,946.00 Lakh registered on 08 Jun 2009 with Charge ID 10164572 was modified on 07 Dec 2023.
Charges
A charge with Others of Rs. 4,946.00 Lakh registered on 13 May 2009 with Charge ID 10160530 was modified on 07 Dec 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 23.98 Lakh with Charge ID 100762027 was registered on 01 Aug 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 36.59 Lakh with Charge ID 100640173 was registered on 17 Oct 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 26.50 Lakh with Charge ID 100611574 was registered on 05 Sep 2022.
Charges
A charge with Others amounted to Rs. 500.00 Lakh with Charge ID 100558231 was registered on 30 Mar 2022.
Charges
A charge registered on 12 May 2021 via Charge ID 100442718 with Others was fully satisfied on 14 Mar 2022.
Charges
A charge registered on 08 May 2020 via Charge ID 100336926 with Others was fully satisfied on 14 Mar 2022.
Charges
A charge with Others amounted to Rs. 400.00 Lakh with Charge ID 100442718 was registered on 12 May 2021.
12 earlier events are in the company report.
Frequently asked questions
Vasant Masala is an active private limited company based in Ahmedabad, Gujarat, India. The company works in spice manufacturing and distribution, within the food and beverages industry. It was incorporated on 19 April 1999 (27+ years old) and is registered under CIN U15499GJ1999PTC035793.
Vasant Masala has 5 current directors:
- Rajkamal Bapulal Bhandari - Director
- Nirmit Chandrakant Bhandari - Director
- Chandrakant Bapulal Bhandari - Director
- Omprakash Bapulal Bhandari - Director
- Ashish Bapulal Bhandari - Director
The latest financial statements of Vasant Masala on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Vasant Masala is 24AAACV9648J1ZW, registered in Gujarat. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 37AAACV9648J1ZP (Andhra Pradesh), 27AAACV9648J1ZQ (Maharashtra).
The CIN (Corporate Identification Number) of Vasant Masala is U15499GJ1999PTC035793. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vasant Masala has 19 court cases on record: 3 filed by the company and 16 filed against it. 1 is pending.
Vasant Masala was incorporated on 19 April 1999, making it 27+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Vasant Masala has 5 deals on record (3 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹40 Lakh; the latest was in April 2019.
Nirmit Chandrakant Bhandari was appointed as Director on 11 Mar 2014. Ashish Bapulal Bhandari was appointed as Director on 01 Jan 2004. Rajkamal Bapulal Bhandari was appointed as Director on 01 Jan 2004. Vasant Masala has 5 board changes on record in total.
Yes, Vasant Masala is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-01-0064650).
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages