About Vasitars Private Limited
Data last updated:
Vasitars Private Limited is a private limited company based in Madhubani, Bihar, India, recognised as a startup by DPIIT. It operates in the general infrastructure services segment of the infrastructure and utilities sector. It was incorporated on 18 January 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Cum Ol Patna, under CIN U74999BR2017PTC075706. Its GSTIN is 07AAFCV7767B1Z4 (Delhi). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹5.49 Lakh. It is led by directors including Abhishek and Vishal Chandra Khan.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Madhubani, Bihar.
As per the financials filed for FY 2024, the company reported a revenue of ₹11.56 Cr, a growth of 51% compared to the previous year. For the same year it recorded a net profit of ₹7.16 Cr (net margin 62%) and EBITDA of ₹3.72 Cr (EBITDA margin 32.2%). Revenue has grown at a compounded annual rate (CAGR) of 164% over three years and 79% over five years.
The company has about 26 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Vasitars.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vasitars.com.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social Media
- Registered AddressUnit No 7 Nds 1 Industry, Pandaul Industry, Madhubani, Bihar, India – 847234
- IndustryInfrastructure and Utilities, General Infrastructure Services
- 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 Vasitars Private Limited
The main business activity of Vasitars is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities | 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 Vasitars Private Limited FY 2025 filings available
Vasitars Private Limited reported revenue of ₹11.56 Cr (up 51% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Vasitars Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 79% over five years, including 51% growth in the latest year. EBITDA rose 8% 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 Vasitars Private 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 | ₹3.72 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹7.16 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 Vasitars Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 32.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 62% | •••• | •••• | •••• | •••• |
| 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 Vasitars are in the company report.
Financial statements from FY 2017
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.
Board of Directors of Vasitars Private Limited
Vasitars has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhishek Also directs: Prajjawala Systems and Solutions Private Limited | Director | 01 Aug 2023 | 3 Years 2 Months | Current |
| Vishal Chandra Khan Also directs: Prajjawala Systems and Solutions Private Limited | Director | 29 Jan 2018 | 8 Years 8 Months | Current |
| Nitheesh Kumar Palani Also directs: Prajjawala Systems and Solutions Private Limited | Director | 02 Jul 2022 | 4 Years 3 Months | Current |
Charges & Borrowings of Vasitars Private Limited
Vasitars Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Vasitars Private Limited
Vasitars operates one associated brand: Vasitars. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| In-situ pipeline repair services are provided using composite reinforcements. | vasitars.com |
Employees and EPFO Compliance at Vasitars Private Limited
Employment history and EPFO contributions of people linked to Vasitars.
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.
CIN History of Vasitars Private Limited
Vasitars has one previous CIN (Corporate Identification Number): U74999DL2017PTC310759. The current CIN is U74999BR2017PTC075706, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999BR2017PTC075706 | Current |
| U74999DL2017PTC310759 | Previous |
Recent Activity on Vasitars Private Limited
Vasitars Private Limited has 7 board changes on record since 2018: 3 appointments and 4 cessations. The latest: Abhishek was appointed as Director on 01 Aug 2023.
Credit Ratings, Litigation & Regulatory Alerts for Vasitars Private 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.
MSME Payment Delays by Vasitars Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Vasitars Private 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 Vasitars Private Limited
Vasitars has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAFCV7767B1Z4 | Delhi | Active | 16 Oct 2017 |
| 33AAFCV7767B1Z9 | Tamil Nadu | Active | 06 Oct 2018 |
| 09AAFCV7767B1Z0 | Uttar Pradesh | Active | 21 May 2019 |
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 Vasitars Private 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.
Frequently Asked Questions about Vasitars Private Limited
Vasitars is an active private limited company based in Madhubani, Bihar, India. The company works in general infrastructure services, within the infrastructure and utilities industry. It was incorporated on 18 January 2017 (9+ years old) and is registered under CIN U74999BR2017PTC075706.
Vasitars reported revenue of ₹11.56 Cr for FY 2024 (up 51% YoY).
Vasitars has 3 current directors:
- Abhishek - Director
- Vishal Chandra Khan - Director
- Nitheesh Kumar Palani - Director
Vasitars reported a net profit of ₹7.16 Cr (net margin 62%) and EBITDA of ₹3.72 Cr (EBITDA margin 32.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Vasitars is 164% over three years and 79% over five years. In the latest year (FY 2024) revenue rose 51%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Vasitars is 07AAFCV7767B1Z4, registered in Delhi. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 33AAFCV7767B1Z9 (Tamil Nadu), 09AAFCV7767B1Z0 (Uttar Pradesh).
The CIN (Corporate Identification Number) of Vasitars is U74999BR2017PTC075706. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vasitars was incorporated on 18 January 2017, making it 9+ years old. It is registered with the Registrar of Companies, Cum Ol Patna.
Abhishek was appointed as Director on 01 Aug 2023. Nitheesh Kumar Palani ceased to be Additional Director on 23 Sep 2022. Abhishek ceased to be Director on 02 Jul 2022. Vasitars has 7 board changes on record in total.
Yes, Vasitars is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).