About Vasari India Private Limited
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Vasari India Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the designer and branded fashion segment of the fashion and textiles sector. It was incorporated on 23 June 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U18109DL1997PTC088098. The company has 5 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹14.35 Cr and a paid-up capital of ₹9.57 Cr. It was formerly known as Sundri Apparels (India) Private Limited. It is led by directors including Suresh Kumar Mohnani (Managing Director) and Mahesh Chand Mohnani.
Its last annual general meeting (AGM) was held on 29 September 2011, and its latest financial statements are for the year ended 31 March 2011. The registered office is at 26 Peeli Kothi Khanpur, New Delhi, Delhi, India – 110062.
The company is associated with 1 brand: Vasari. As per MCA filings, the company has open charges of ₹73.62 Cr and satisfied charges of ₹40.16 Cr on record. Court records list 179 cases involving the company, including 18 filed by the company and 161 filed against it; 4 cases are pending. The company has 5 deals on record (3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹7.59 Cr; the latest was in March 2011.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website vasari.in.
Company details
Contact details
Vasari India Private Limited's registered office is in New Delhi, Delhi.
- Registered Address26 Peeli Kothi Khanpur, New Delhi, Delhi, India – 110062
- IndustryFashion and Textile, Designer & Branded Fashion
- 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
Financials of Vasari India Private Limited
FY 2011 filings availableFinancial Statement Summary
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To see the full financial statements and ratios of Vasari India Private Limited, buy the company report.
Board of directors of Vasari India Private Limited
Vasari India has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suresh Kumar Mohnani | Managing Director | 09 Apr 1999 | 27 Years 6 Months | Current |
| Mahesh Chand Mohnani | Director | 09 Apr 1999 | 27 Years 6 Months | Current |
| Bhagwan Dass Mohnani | Director | 09 Apr 1999 | 27 Years 6 Months | Current |
| Manoj Kumar Mohnani | Director | 09 Apr 1999 | 27 Years 6 Months | Current |
| Anshuman Khanna Also directs: Abhishti Textile Private Limited, Frangipani Lifestyle Private Limited, GBL Rigel Private Limited and 3 more | Nominee Director | 24 Feb 2010 | 16 Years 8 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Jun 2009 | 10162875 | Punjab National Bank | ₹30 Cr | Open | |
| 03 Jun 2009 | 10166947 | Punjab National Bank | ₹32.5 Cr | Open | |
| 12 Jan 2008 | 10082128 | Icici Bank Limited | ₹90 Lakh | Open | |
| 13 May 2004 | 90050603 | Others | ₹2.5 Cr | Open | |
| 31 Oct 2003 | 90050153 | Others | ₹7.72 Cr | Open |
To see the full charge records of Vasari India Private Limited, buy the company report.
Total charge records: 19 View all charges
Deals & funding
Vasari India Private Limited has 5 deals on record (3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹7.59 Cr; the latest was in March 2011.
Deals on record (3 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Feb 2010 | Funding round | ₹1.37 Cr | Investors: Rajasthan Venture Capital |
| May 2006 | Funding round | ₹1.48 Cr | Investors: 4 individuals |
To see the full deal history of Vasari India 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
Vasari India Private Limited has 179 court cases on record: 18 filed by Vasari India, 161 filed against it. 4 cases are pending and 175 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 156 | 150 | 3 |
| High courts | 21 | 11 | 1 |
| Supreme Court | 2 | 0 | 0 |
Cases on record (5 of 179)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Criminal case | Filed against the company by Reliance Capital Ltd. | Disposed |
| District court, Central, Delhi | Criminal case | Filed against the company by Reliance Capital Ltd | Disposed |
| District court, Central, Delhi | Criminal case | Filed against the company by SVS Guarding Services Pvt. Ltd | Disposed |
| District court, South East, Delhi | Civil suit | Filed against the company by Ms Selvel Media Services Pvt. Ltd. | Disposed |
| District court, South East, Delhi | Execution petition | Filed against the company by Conde Nast India Pvt Ltd | Disposed |
To see the full case history of Vasari India 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 Vasari India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vasari India has 5 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 Vasari India Private Limited, buy the company report.
Recent activity
Vasari India Private Limited has 7 board changes on record since 1999: 5 appointments and 2 cessations. The latest: Sanjay Jain ceased to be Nominee Director on 21 Apr 2011.
41 earlier events are in the company report.
Frequently asked questions
Vasari India is an active private limited company based in New Delhi, Delhi, India. The company works in designer and branded fashion, within the fashion and textile industry. It was incorporated on 23 June 1997 (29+ years old) and is registered under CIN U18109DL1997PTC088098.
Vasari India has 5 current directors:
- Suresh Kumar Mohnani - Managing Director
- Mahesh Chand Mohnani - Director
- Bhagwan Dass Mohnani - Director
- Manoj Kumar Mohnani - Director
- Anshuman Khanna - Nominee Director
The latest financial statements of Vasari India on record with the MCA are for the year ended 31 March 2011. Its last annual general meeting was held on 29 September 2011. Year-wise statements from 2015 are in the company report.
No. Vasari India has 5 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Vasari India is U18109DL1997PTC088098. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vasari India has 179 court cases on record: 18 filed by the company and 161 filed against it. 4 are pending. Most are in the district courts.
Vasari India was incorporated on 23 June 1997, making it 29+ years old. It is registered with the Registrar of Companies, Delhi.
Vasari India has 5 deals on record (3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹7.59 Cr; the latest was in March 2011.
Sanjay Jain ceased to be Nominee Director on 21 Apr 2011. Anshuman Khanna was appointed as Nominee Director on 24 Feb 2010. Gaurav Chowdhry ceased to be Nominee Director on 24 Feb 2010. Vasari India has 7 board changes on record in total.
Vasari India can be reached through the website vasari.in. Its registered office is in New Delhi, Delhi, India.