Vasav Enterprises Private Limited
About Vasav Enterprises Private Limited
Data last updated:
Vasav Enterprises Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 08 December 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70100MH2004PTC149871. Its GSTIN is 27AABCV9677N1ZC (Maharashtra).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹10.75 Lakh. It is led by directors Ashok Nawal and Nirmal Gordhandas Maheshwari.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Manu Mansion 3rd Floor16 Shahid Bhagat Singh Road Fort, Mumbai, Maharashtra, India – 400023.
As per the financials filed for FY 2024, the company reported a revenue of ₹9.67 Cr, a decline of 18% compared to the previous year. For the same year it recorded a net profit of ₹3.99 Cr (net margin 41.3%) and EBITDA of ₹4.22 Cr (EBITDA margin 43.7%). Revenue has declined at a compounded annual rate (CAGR) of 49% over three years and 41% over five years.
As per MCA filings, the company has open charges of ₹3 Cr and satisfied charges of ₹2 Cr on record. Court records list 142 cases involving the company, including 79 filed by the company and 63 filed against it; 52 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Vasav Enterprises Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressManu Mansion 3rd Floor16 Shahid Bhagat Singh Road Fort, Mumbai, Maharashtra, India – 400023
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Vasav Enterprises Private Limited, buy the company report.
- 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
Business activity
The main business activities of Vasav Enterprises are real estate activities and wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers real estate activities and wholesale trade, except of motor vehicles and motorcycles. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real estate activities | 68 | Real estate activities | |
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Vasav Enterprises Private Limited, buy the company report.
Financials of Vasav Enterprises Private Limited
FY 2024 filings availableVasav Enterprises Private Limited reported revenue of ₹9.67 Cr (down 18% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 41% over five years, including a 18% fall in the latest year. EBITDA fell 20% 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 |
|---|---|---|---|---|---|
| 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 | ₹4.22 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.99 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 43.7% | ||||
| Net Profit Margin | 41.3% | ||||
| 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 | |||||
To see the full financial statements and ratios of Vasav Enterprises Private Limited, buy the company report.
Board of directors of Vasav Enterprises Private Limited
Vasav Enterprises has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Nawal Also directs: Novitate Partners LLP, Divyajyot Mercantile LLP, Sharayu Mercantile Private Limited and 5 more | Director | 18 May 2010 | 16 Years 5 Months | Current |
| Nirmal Gordhandas Maheshwari Also directs: Girishad Mercantile Private Limited | Director | 28 Feb 2007 | 19 Years 8 Months | Current |
Auditor
Vasav Enterprises Private Limited is audited by R.A. Kuvadia & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R.A. Kuvadia & Co. | FY 2023 | 105487W |
Shareholding
The shareholding of Vasav Enterprises 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 Vasav Enterprises Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Feb 2022 | 100567270 | Others | ₹3 Cr | Open | |
| 31 Oct 2007 | 10075760 | Others | ₹2 Cr | Satisfied |
To see the full charge records of Vasav Enterprises Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Vasav Enterprises Private Limited has 142 court cases on record: 79 filed by Vasav Enterprises, 63 filed against it. 52 cases are pending and 90 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 116 | 40 | 41 |
| High courts | 25 | 22 | 11 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 142)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Mumbai Metro Rail Corporation Limited (Mmrcl) and 5 others | Pending |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (MARJI) | Filed against the company by M/S Model Sales Agency Pvt Ltd | Disposed |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (MARJI) | Filed against the company by K J Construction Authorized Person Name Lavanya B Rajpurohit | Pending |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (MARJI) | Filed against the company by K J Construction Authorized Person Name Lavanya B Rajpurohit | Pending |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (P.Appeal) | Filed against the company by an individual | Pending |
To see the full case history of Vasav Enterprises 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 Vasav Enterprises Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vasav Enterprises has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCV9677N1ZC | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vasav Enterprises Private Limited, buy the company report.
Recent activity
Vasav Enterprises Private Limited has 8 board changes on record since 2007: 2 appointments and 6 cessations. The latest: Chetan Radhakant Sharma ceased to be Director on 30 Mar 2024.
3 earlier events are in the company report.
Frequently asked questions
Vasav Enterprises is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 08 December 2004 (22+ years old) and is registered under CIN U70100MH2004PTC149871.
Vasav Enterprises has 2 current directors:
- Ashok Nawal - Director
- Nirmal Gordhandas Maheshwari - Director
The latest financial statements of Vasav Enterprises on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Vasav Enterprises is 27AABCV9677N1ZC, registered in Maharashtra.
The CIN (Corporate Identification Number) of Vasav Enterprises is U70100MH2004PTC149871. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vasav Enterprises has 142 court cases on record: 79 filed by the company and 63 filed against it. 52 are pending. Most are in the district courts.
Vasav Enterprises was incorporated on 08 December 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
Chetan Radhakant Sharma ceased to be Director on 30 Mar 2024. Bhagwandas Ramchandra Bhattad ceased to be Director on 17 Dec 2020. Rajendra Gordhandas Nawal ceased to be Additional Director on 28 Sep 2019. Vasav Enterprises has 8 board changes on record in total.
The registered office of Vasav Enterprises is at Manu Mansion 3rd Floor16 Shahid Bhagat Singh Road Fort, Mumbai, Maharashtra, India – 400023.
Vasav Enterprises operates in the real estate and construction industry, in the real estate builders and developers segment.
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.
