Vashi Steels Private Limited
About Vashi Steels Private Limited
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Vashi Steels Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the equipment leasing and financing segment of the financial services sector. It was incorporated on 11 July 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U99999MH1990PTC057213. Its GSTIN is 27AAACV8350P2ZO (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors including Aruna Saamiit Chirania and Manju Suresh Chirania.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 101 Nilgiri Building Plot No 5 Ns Road No 9 Jvpd Scheme, Mumbai, Maharashtra, India – 400049.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.06 Lakh, a decline of 99% compared to the previous year. For the same year it recorded a net loss of ₹35.42 Lakh and EBITDA of -₹34.31 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 34% over three years and 60% over five years.
As per MCA filings, the company has satisfied charges of ₹11.88 Lakh on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Vashi Steels has one previous CIN (Corporate Identification Number): U27200MH1990PTC057213. The current CIN is U99999MH1990PTC057213, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U99999MH1990PTC057213 | Current |
| U27200MH1990PTC057213 | Previous |
Contact details
Vashi Steels Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address101 Nilgiri Building Plot No 5 Ns Road No 9 Jvpd Scheme, Mumbai, Maharashtra, India – 400049
- IndustryFinancial Services, Equipment Leasing & Financing
To see the full contact details of Vashi Steels 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
Financials of Vashi Steels Private Limited
FY 2025 filings availableVashi Steels Private Limited reported revenue of ₹1.06 Lakh (down 99% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 60% over five years, including a 99% fall in the latest year. EBITDA rose 82% 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 |
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| EBITDA | -₹34.31 Lakh | ||||
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| Net Profit (PAT) | -₹35.42 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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To see the full financial statements and ratios of Vashi Steels Private Limited, buy the company report.
Board of directors of Vashi Steels Private Limited
Vashi Steels has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aruna Saamiit Chirania | Director | 16 Mar 2019 | 7 Years 7 Months | Current |
| Manju Suresh Chirania | Director | 24 Nov 1995 | 30 Years 11 Months | Current |
| Saamiit Suresh Chirania | Director | 25 Feb 2004 | 22 Years 8 Months | Current |
| Suresh Chandra Chirania Also directs: Chirania Chemicals Private Limited | Director | 11 Jul 1990 | 36 Years 3 Months | Current |
Peer comparison
Vashi Steels Private Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Machinery and Equipment Leasing), with the same principal business activity (rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Poddar Builders Pvt Ltd | ₹1.2 Lakh (FY 2025) | 0.0% | Kolkata, West Bengal, India | |||
| Vashi Steels Private Limitedthis company | ₹1.06 Lakh (FY 2024) | -₹35.42 Lakh | -99.0% | Mumbai, Maharashtra, India | ||
| Girdhars International Private Limited | ₹1 Lakh (FY 2025) | 10942.0% | New Delhi, Delhi, India | |||
| Metacrust Private Limited | ₹1 Lakh (FY 2018) | Bangalore, Karnataka, India | ||||
| Volkanix Retail Private Limited | ₹97,483 (FY 2021) | 163.0% | Kakinada, Andhra Pradesh, India |
To see the full peer comparison of Vashi Steels Private Limited, buy the company report.
Auditor
Vashi Steels Private Limited is audited by HMTS and Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HMTS and Associates | FY 2023 | 0139847W |
Shareholding
The shareholding of Vashi Steels 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 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Vashi Steels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Aug 2009 | 10172012 | State Bank of India | ₹4.68 Lakh | Satisfied | |
| 30 May 2008 | 10333537 | State Bank of India | ₹7.2 Lakh | Satisfied |
To see the full charge records of Vashi Steels Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Vashi Steels Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Insolvency matter | Filed against the company by Dolphin Offshore Enterprises (India) Limited | Disposed |
To see the full case history of Vashi Steels 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 Vashi Steels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vashi Steels has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACV8350P2ZO | Maharashtra | Active | 07 Jul 2022 |
To see the full GST registrations and return filing status of Vashi Steels Private Limited, buy the company report.
Recent activity
Vashi Steels Private Limited has 5 board changes on record since 1990: 4 appointments and 1 cessation. The latest: Aruna Saamiit Chirania was appointed as Director on 16 Mar 2019.
Frequently asked questions
Vashi Steels is an active private limited company based in Mumbai, Maharashtra, India. The company works in equipment leasing and financing, within the financial services industry. It was incorporated on 11 July 1990 (36+ years old) and is registered under CIN U99999MH1990PTC057213.
Vashi Steels has 4 current directors:
- Aruna Saamiit Chirania - Director
- Manju Suresh Chirania - Director
- Saamiit Suresh Chirania - Director
- Suresh Chandra Chirania - Director
The latest financial statements of Vashi Steels on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Vashi Steels is 27AAACV8350P2ZO, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Vashi Steels is U99999MH1990PTC057213. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vashi Steels has 1 court case on record: 1 filed against it.
Vashi Steels was incorporated on 11 July 1990, making it 36+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Vashi Steels by revenue are Poddar Builders Pvt Ltd, Girdhars International Private Limited, Metacrust Private Limited, Volkanix Retail Private Limited, all in the BFSI industry (Machinery and Equipment Leasing), with the same principal business activity (rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities).
Aruna Saamiit Chirania was appointed as Director on 16 Mar 2019. Rahul Suresh Chirania ceased to be Additional Director on 02 Sep 2016. Saamiit Suresh Chirania was appointed as Director on 25 Feb 2004. Vashi Steels has 5 board changes on record in total.
The registered office of Vashi Steels is at 101 Nilgiri Building Plot No 5 Ns Road No 9 Jvpd Scheme, Mumbai, Maharashtra, India – 400049.
Vashi Steels operates in the financial services industry, in the equipment leasing and financing segment.