Vasavi Silks Private Limited

Vasavi Silks Private Limited - e-commerce in Eluru, Andhra Pradesh, India. FY 2026 financials & compliance.
CIN U18101AP2020PTC115673 Incorporated 09 September 2020 ROC Vijayawada HQ Eluru, Andhra Pradesh, India
Active Private Limited Company e-commerce MSME · Medium
Data last updated
Revenue · FY 2025
₹50.92 Cr
▼ 27% YoY
Net profit · FY 2025
₹83.64 Lakh
Net margin 1.6%
EBITDA · FY 2025
₹6.08 Cr
EBITDA margin 11.9%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹4.91 Cr
Issued & subscribed
Open charges
₹33.13 Cr
Secured borrowings
Company age
6 yrs
Est. 2020
Employees · EPFO
312
Provident fund records

About Vasavi Silks Private Limited

Data last updated:

Vasavi Silks Private Limited is a private limited company based in Eluru, Andhra Pradesh, India. It operates in the online apparel retail segment of the e-commerce sector. It was incorporated on 09 September 2020 and has been in existence for over 6 years.

The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U18101AP2020PTC115673. Its GSTIN is 37AAHCV5890K1ZK (Andhra Pradesh).

The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.91 Cr. It is led by directors Suresh Kumar Majety (Managing Director) and Seshagirirao Majety (Whole-Time Director).

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 D.No.23B – 5 – 2/1 Edaravari Street Ramchandrarao Pet, Eluru, Andhra Pradesh, India – 534002.

As per the financials filed for FY 2025, the company reported a revenue of ₹50.92 Cr, a decline of 27% compared to the previous year. For the same year it recorded a net profit of ₹83.64 Lakh (net margin 1.6%) and EBITDA of ₹6.08 Cr (EBITDA margin 11.9%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years.

The company has about 312 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Vasavi Silks. As per MCA filings, the company has open charges of ₹33.13 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 1 case is pending.

Vasavi Silks Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-AP-12-0000807). For more details, the company can be reached via its website vasavisilks.com.

Company Details of Vasavi Silks Private Limited
CIN U18101AP2020PTC115673
Registration Number 115673
Incorporation Date 09 September 2020
ROC Vijayawada
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Medium
Udyam Registration UDYAM-AP-12-0000807
Key People
Suresh Kumar Majety Managing Director Seshagirirao Majety Whole-Time Director

Recognitions & Rankings of Vasavi Silks

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-AP-12-0000807
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    vasavisilks.com
  • Social Media
  • Registered Address
    D.No.23B – 5 – 2/1 Edaravari Street Ramchandrarao Pet, Eluru, Andhra Pradesh, India – 534002
  • Industry
    E-Commerce, Online Apparel Retail
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Financials, compliance, directors, charges, ownership and filings for Vasavi Silks Private Limited in one report.

Financials from FY 2021 Directors & ownership Charges & compliance

Associated Brands with Vasavi Silks Private Limited

Vasavi Silks operates one associated brand: Vasavi Silks. Each brand links to its own profile.

BrandDescriptionWebsite
Vasavi Silks
Online platform selling silk apparel and accessories through digital catalog.vasavisilks.com

Business Activity of Vasavi Silks Private Limited

The main business activity of Vasavi Silks is trade. In detail, this covers retail trading.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
GTradeG2Retail TradingLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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Financials of Vasavi Silks Private Limited FY 2025 filings available

Vasavi Silks Private Limited reported revenue of ₹50.92 Cr (down 27% YoY) for FY 2025.

Revenue · FY 2025
₹50.92 Cr ▼ 27%
Net profit · FY 2025
₹83.64 Lakh margin 1.6%
EBITDA · FY 2025
₹6.08 Cr margin 11.9%

Compounded Annual Growth Rate (CAGR) of Vasavi Silks Private Limited

Revenue CAGR growth
1 year
▼ 27%
3 years · compounded
▼ 7%
EBITDA CAGR growth
1 year
▼ 1%
3 years · compounded
▲ 10%

Revenue has declined at a compounded annual rate (CAGR) of 7% over three years, including a 27% fall in the latest year. EBITDA fell 1% 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 Vasavi Silks Private Limited

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹6.08 Cr••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹83.64 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 Vasavi Silks Private Limited

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin11.9%••••••••••••••••
Net Profit Margin1.6%••••••••••••••••
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 Vasavi Silks are in the company report.

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Financial statements from FY 2021

Earlier years and trend charts are in the company report.

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Board of Directors of Vasavi Silks Private Limited

Vasavi Silks has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Seshagirirao MajetyWhole-Time Director09 Sep 20206 Years 1 MonthsCurrent
Suresh Kumar MajetyManaging Director09 Sep 20206 Years 1 MonthsCurrent
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Peer Comparison of Vasavi Silks Private Limited

Vasavi Silks Private Limited is compared with the companies closest to it by revenue in the Apparel industry (Apparel Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Nirmal Store Private Limited₹51.45 Cr (FY 2025)••••••••-2.0%••••Kolkata, West Bengal, India
Ri Suits Private Limited₹51.25 Cr (FY 2025)••••••••79.0%••••Rohtak, Haryana, India
Satyakriti Sarees Private Limited₹51.13 Cr (FY 2025)••••••••33.0%••••Kolkata, West Bengal, India
Frontline Retail India Private Limited₹51.03 Cr (FY 2018)••••••••-2.0%••••New Delhi, Delhi, India
Sulakshana Retail Private Limited₹50.93 Cr (FY 2024)••••••••40.0%••••Chapra, Bihar, India
Vasavi Silks Private Limited this company₹50.92 Cr (FY 2025)••••••••-27.0%••••Eluru, Andhra Pradesh, India
Fresco Ny Private Limited₹50.9 Cr (FY 2024)••••••••47.0%••••Tirupur, Tamil Nadu, India
Trident Creation Private Limited₹50.68 Cr (FY 2025)••••••••2.0%••••Ahmedabad, Gujarat, India
Saree House Private Limited₹50.51 Cr (FY 2025)••••••••17.0%••••Kolkata, West Bengal, India
Apparel Export Promotion Council.₹50.09 Cr (FY 2024)••••••••27.0%••••New Delhi, Delhi, India
Shree Sita Sarees Private Limited₹49.76 Cr (FY 2024)••••••••22.0%••••Agra, Uttar Pradesh, India

Peers are the five companies nearest above and the five nearest below Vasavi Silks by revenue in the Apparel industry (Apparel 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 Vasavi Silks Private Limited

Vasavi Silks Private Limited is audited by SIVA KISHORE & ASSOCIATES for the financial year 2023.

NameStatusAppointment DateCessation Date
SIVA KISHORE & ASSOCIATESLockedLockedLocked
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Ownership and Shareholding of Vasavi Silks Private Limited

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Charges & Borrowings of Vasavi Silks Private Limited

Open charges
₹33.13 Cr
Satisfied charges
None
Breakdown by lending institutions
Hdfc Bank Limited₹29.13 Cr
Others₹4.00 Cr
Latest charge details
DateLenderAmountStatus
10 Jun 2025Others₹2 CrOpen
06 Mar 2025Hdfc Bank Limited₹10 LakhOpen
15 Feb 2025Hdfc Bank Limited₹10 LakhOpen
10 Dec 2024Hdfc Bank Limited₹1 CrOpen
24 Jul 2024Others₹2 CrOpen

Total charge records: 7 View all charges

Employees and EPFO Compliance at Vasavi Silks Private Limited

Vasavi Silks Private Limited has a workforce of 312 employees as of Apr 05, 2024.

Employee count
312
Active EPFO establishments
2
Employee growth
-38.34%
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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 Vasavi Silks Private Limited

Vasavi Silks Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Seshagirirao Majety was appointed as Whole-Time Director on 09 Sep 2020.

AGM
Vasavi Silks Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 2.00 Cr with Charge ID 101108357 was registered on 10 Jun 2025.
Filing
Vasavi Silks Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Vijayawada.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.10 Cr with Charge ID 101073003 was registered on 06 Mar 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.10 Cr with Charge ID 101056644 was registered on 15 Feb 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.00 Cr with Charge ID 101026985 was registered on 10 Dec 2024.
Charges
A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100963798 was registered on 24 Jul 2024.
Charges
A charge with Hdfc Bank Limited of Rs. 27.58 Cr registered on 07 Nov 2020 with Charge ID 100386233 was modified on 07 Nov 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.36 Cr with Charge ID 100531052 was registered on 11 Jan 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 27.58 Cr with Charge ID 100386233 was registered on 07 Nov 2020.
Appointed
Seshagirirao Majety was appointed as Whole-Time Director.
Appointed
Suresh Kumar Majety was appointed as Managing Director.

1 earlier event is listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Vasavi Silks Private Limited

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MSME Payment Delays by Vasavi Silks Private Limited

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Subsidiaries & Group Companies of Vasavi Silks Private Limited

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GST Compliance of Vasavi Silks Private Limited

Vasavi Silks has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
37AAHCV5890K1ZKAndhra PradeshActive19 Sep 2020
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State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Vasavi Silks Private Limited

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Frequently Asked Questions about Vasavi Silks Private Limited

Vasavi Silks is an active private limited company based in Eluru, Andhra Pradesh, India. The company works in online apparel retail, within the e-commerce industry. It was incorporated on 09 September 2020 (6+ years old) and is registered under CIN U18101AP2020PTC115673.

Vasavi Silks reported revenue of ₹50.92 Cr for FY 2025 (down 27% YoY).

Vasavi Silks has 2 current directors:

Vasavi Silks reported a net profit of ₹83.64 Lakh (net margin 1.6%) and EBITDA of ₹6.08 Cr (EBITDA margin 11.9%) for FY 2025, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Vasavi Silks is -7% over three years. In the latest year (FY 2025) revenue fell 27%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Vasavi Silks is 37AAHCV5890K1ZK, registered in Andhra Pradesh.

The CIN (Corporate Identification Number) of Vasavi Silks is U18101AP2020PTC115673. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Vasavi Silks has 2 court cases on record: 2 filed by the company. 1 is pending.

Vasavi Silks was incorporated on 09 September 2020, making it 6+ years old. It is registered with the Registrar of Companies, Vijayawada.

The peers of Vasavi Silks by revenue are Nirmal Store Private Limited, Ri Suits Private Limited, Satyakriti Sarees Private Limited, Frontline Retail India Private Limited, Sulakshana Retail Private Limited and 5 more, all in the Apparel industry (Apparel Retail and Distribution).

Seshagirirao Majety was appointed as Whole-Time Director on 09 Sep 2020. Suresh Kumar Majety was appointed as Managing Director on 09 Sep 2020.

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