About Vashi Integrated Solutions Limited
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Vashi Integrated Solutions Limited is a public limited company based in Bhiwandi, Maharashtra, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 22 March 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U33190MH1991PLC060890. Its GSTIN is 27AAACV1496Q3ZK (Maharashtra). The company holds 18 GST registrations, of which 13 are active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹3.85 Cr. It was formerly known as Vashi Electricals Private Limited and Vashi Electricals Limited. It is led by directors including Madan Baldev Dodeja and Suraj Madan Dodeja.
Its last annual general meeting (AGM) was held on 24 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bhiwandi, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹1,665.84 Cr, a growth of 45% compared to the previous year. For the same year it recorded a net profit of ₹40.03 Cr (net margin 2.4%) and EBITDA of ₹78.98 Cr (EBITDA margin 4.7%). Revenue has grown at a compounded annual rate (CAGR) of 35% over three years and 16% over five years.
The company has about 1,065 employees on its provident fund (EPFO) records. Its group structure includes 3 subsidiaries.
As per MCA filings, the company has open charges of ₹416.16 Cr and satisfied charges of ₹192.05 Cr on record. Court records list 214 cases involving the company, including 207 filed by the company and 7 filed against it; 54 cases are pending. The company has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in March 2016. Its 10 peer companies in the Consumer Durables industry (Electronic Appliances Retail and Distribution) are compared by revenue, 5 larger and 5 smaller; the largest is Hisoa Electronic Private Limited with revenue of ₹1,876.37 Cr. The company has 9 MSME Form 1 returns on record between 2019 and 2024, listing 101 overdue payments to 61 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vashielectricals.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressA/6 Ganesh Compound Dapole Road Anjur – Mankoli Road Gundaval, I, Bhiwandi, Maharashtra, India – 421305
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
- 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
- One PDF report, delivered after checkout
Business Activity of Vashi Integrated Solutions Limited
The main business activity of Vashi Integrated Solutions is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Vashi Integrated Solutions Limited FY 2024 filings available
Vashi Integrated Solutions Limited reported revenue of ₹1,665.84 Cr (up 45% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Vashi Integrated Solutions Limited
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 45% growth in the latest year. EBITDA rose 18% 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 Vashi Integrated Solutions Limited
| 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 | ₹78.98 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹40.03 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 of Vashi Integrated Solutions Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.4% | •••• | •••• | •••• | •••• |
| 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 Vashi Integrated Solutions are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Vashi Integrated Solutions Limited
Vashi Integrated Solutions Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hisoa Electronic Private Limited | ₹1,876.37 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Pune, Maharashtra, India |
| Creative Newtech Limited Listed | ₹1,801.47 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Mumbai, Maharashtra, India |
| Hariom Mobile Private Limited | ₹1,755.43 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Rajkot, Gujarat, India |
| Mobitech Creations Private Limited | ₹1,689.01 Cr (FY 2025) | •••• | •••• | -14.0% | •••• | New Delhi, Delhi, India |
| Vision Distribution Private Limited | ₹1,665.98 Cr (FY 2024) | •••• | •••• | 56.0% | •••• | New Delhi, Delhi, India |
| Vashi Integrated Solutions Limited this company | ₹1,665.84 Cr (FY 2024) | •••• | •••• | 45.0% | •••• | Bhiwandi, Maharashtra, India |
| Zhongfu Mobile Private Limited | ₹1,656.2 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Hyderabad, Telangana, India |
| Zheng Yuan Mobiles Private Limited | ₹1,655.83 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | Patna, Bihar, India |
| Jie Lian Mobile India Private Limited | ₹1,621.11 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Indore, Madhya Pradesh, India |
| SS Retail Limited | ₹1,599.96 Cr (FY 2025) | •••• | •••• | 32.0% | •••• | Kolhapur, Maharashtra, India |
| HP Telecom India Limited | ₹1,597.72 Cr (FY 2025) | •••• | •••• | 48.0% | •••• | Surat, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Vashi Integrated Solutions by revenue in the Consumer Durables industry (Electronic Appliances 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 Vashi Integrated Solutions Limited
Auditor information for Vashi Integrated Solutions Limited provides details about the firm responsible for auditing the company's financial statements and ensuring compliance with regulatory requirements.
Board of Directors of Vashi Integrated Solutions Limited
Vashi Integrated Solutions has 8 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
Ownership and Shareholding of Vashi Integrated Solutions Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Vashi Integrated Solutions Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Nov 2023 | Others | ₹60 Cr | Open |
| 24 Nov 2023 | Yes Bank Limited | ₹100 Cr | Open |
| 17 Jul 2023 | Hdfc Bank Limited | ₹15.9 Lakh | Open |
| 19 Aug 2022 | Hdfc Bank Limited | ₹20 Cr | Open |
| 22 Jul 2020 | Hdfc Bank Limited | ₹21 Cr | Open |
Total charge records: 17 View all charges
Deals & Funding of Vashi Integrated Solutions Limited
Vashi Integrated Solutions Limited has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in March 2016.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2016 | Rights issue | ₹3 Cr | Investors: 4 individuals |
| Aug 2015 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
Full deal history
All 2 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Vashi Integrated Solutions Limited
Vashi Integrated Solutions Limited has 214 court cases on record: 207 filed by Vashi Integrated Solutions, 7 filed against it. 54 cases are pending and 160 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 212 | 5 | 54 |
| High courts | 2 | 2 | 0 |
Cases on record (5 of 214)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Court case (Reg Dkst) | Filed by the company against Atman Solutions Private Limited | Pending |
| District court, Thane, Maharashtra | Court case (Sum.Civ.Suit) | Filed by the company against Ajay Organics Pvt Ltd | Pending |
| District court, Thane, Maharashtra | Criminal miscellaneous application | Filed by the company against Sagetech Automation Private Limited | Pending |
| District court, Thane, Maharashtra | Court case (Sum.Civ.Suit) | Filed by the company against Roots Air Systems Private Limited | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed by the company against Hi-Tech Engineering & Projects India Private Limited | Pending |
Full case history
All 214 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Vashi Integrated Solutions Limited
Vashi Integrated Solutions Limited has 9 MSME Form 1 returns on record between 2019 and 2024, listing 101 overdue payments to 61 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 61)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Madhu Infotech (India) Private Limited | •••• | •••• | •••• |
| Avinash Cargo Private Limited | •••• | •••• | •••• |
| Smisen Controls Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 9 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Vashi Integrated Solutions Limited
Vashi Integrated Solutions Limited has a workforce of 1,065 employees as of Dec 18, 2025.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Vashi Integrated Solutions Limited
Vashi Integrated Solutions has 3 subsidiary companies and 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Vashi Electricals And As Bearing Private Limited | U31909PB2018PTC048696 | Locked |
| Techno Products Development Private Limited | U33111TN1986PTC012924 | Locked |
| Midex Vashi Marketing Private Limited | U51101MP2014PTC032471 | Locked |
Showing major subsidiaries. Total: 3.
Name History of Vashi Integrated Solutions Limited
Vashi Integrated Solutions has undergone 2 name changes throughout its history. The company was previously known as Vashi Electricals Private Limited, and Vashi Electricals Limited. The current legal name is Vashi Integrated Solutions Limited.
| Company Name | Status |
|---|---|
| Vashi Integrated Solutions Limited | Current |
| Vashi Electricals Private Limited | Previous |
| Vashi Electricals Limited | Previous |
CIN History of Vashi Integrated Solutions Limited
Vashi Integrated Solutions has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U33190MH1991PLC060890, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U33190MH1991PLC060890 | Current |
| U31904MH1991PTC060890 | Previous |
| U31904MH1991PLC060890 | Previous |
Recent Activity on Vashi Integrated Solutions Limited
Vashi Integrated Solutions Limited has 18 board changes on record since 1991: 9 appointments and 9 cessations. The latest: Anita Bandyopadhyay ceased to be Additional Director on 23 Sep 2024.
46 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Vashi Integrated Solutions Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Vashi Integrated Solutions Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Vashi Integrated Solutions Limited
Vashi Integrated Solutions has 18 GST registrations: 13 active and 5 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACV1496Q3ZK | Maharashtra | Active | 01 Jul 2017 |
| 27AAACV1496Q4ZJ | Maharashtra | Active | 06 Nov 2024 |
| 06AAACV1496Q1ZQ | Haryana | Active | 01 Jul 2017 |
| 09AAACV1496Q1ZK | Uttar Pradesh | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Vashi Integrated Solutions Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Related news about Vashi Integrated Solutions Limited
Frequently Asked Questions about Vashi Integrated Solutions Limited
Vashi Integrated Solutions is an active public limited company based in Bhiwandi, Maharashtra, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 22 March 1991 (35+ years old) and is registered under CIN U33190MH1991PLC060890.
Vashi Integrated Solutions reported revenue of ₹1,665.84 Cr for FY 2024 (up 45% YoY).
Vashi Integrated Solutions has 8 current directors:
- Madan Baldev Dodeja - Director
- Suraj Madan Dodeja - Director
- Anita Bandyopadhyay - Director
- Jatan Madan Dodeja - Director
- Manish Ishwarlal Panchal - Director
- Ameet Mohan Dodejaa - Director
- Mohan Baldev Dodeja - Director
- Pramod Sadashiv Sant - Director
Vashi Integrated Solutions reported a net profit of ₹40.03 Cr (net margin 2.4%) and EBITDA of ₹78.98 Cr (EBITDA margin 4.7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Vashi Integrated Solutions is 35% over three years and 16% over five years. In the latest year (FY 2024) revenue rose 45%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Vashi Integrated Solutions is 27AAACV1496Q3ZK, registered in Maharashtra. The company has 18 GST registrations in all, of which 13 are active and 5 are cancelled or inactive. Other active GSTINs include 27AAACV1496Q4ZJ (Maharashtra), 06AAACV1496Q1ZQ (Haryana), 09AAACV1496Q1ZK (Uttar Pradesh).
The CIN (Corporate Identification Number) of Vashi Integrated Solutions is U33190MH1991PLC060890. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vashi Integrated Solutions has 214 court cases on record: 207 filed by the company and 7 filed against it. 54 are pending. Most are in the district courts.
Vashi Integrated Solutions was incorporated on 22 March 1991, making it 35+ years old. It is registered with the Registrar of Companies, Mumbai.
Vashi Integrated Solutions has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in March 2016.
The peers of Vashi Integrated Solutions by revenue are Hisoa Electronic Private Limited, Creative Newtech Limited, Hariom Mobile Private Limited, Mobitech Creations Private Limited, Vision Distribution Private Limited and 5 more, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution).
Anita Bandyopadhyay ceased to be Additional Director on 23 Sep 2024. Kinjal Darshit Parkhiya ceased to be Additional Director on 30 Apr 2024. Pramod Sadashiv Sant was appointed as Director on 30 Apr 2024. Vashi Integrated Solutions has 18 board changes on record in total.