MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-01-0112720
Vasko Ispat Private Limited
Vasko Ispat Private Limited - metals and minerals in Dholka, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹127.64 Cr
▲ 34% YoY
Net profit · FY 2025
₹2.2 Cr
Net margin 1.7%
EBITDA · FY 2025
₹5.21 Cr
EBITDA margin 4.1%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.99 Cr
Issued & subscribed
Open charges
₹22.55 Cr
Satisfied ₹24.76 Cr
Company age
16 yrs
Est. 2010
Employees · EPFO
14
Provident fund records
About Vasko Ispat Private Limited
Data last updated:
Vasko Ispat Private Limited is a private limited company based in Dholka, Gujarat, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 22 December 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U27310GJ2010PTC063336. Its GSTIN is 24AAFCP8567M1ZR (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.99 Cr. It was formerly known as Panacea Corporate Solutions Private Limited. It is led by directors Himanshu Poddar and Vinaye Jain.
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 1201 – 1202 GIDC, Dholka, Gujarat, India – 387810.
As per the financials filed for FY 2025, the company reported a revenue of ₹127.64 Cr, a growth of 34% compared to the previous year. For the same year it recorded a net profit of ₹2.2 Cr (net margin 1.7%) and EBITDA of ₹5.21 Cr (EBITDA margin 4.1%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 13% over five years.
The company has about 14 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹22.55 Cr and satisfied charges of ₹24.76 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
Vasko Ispat Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0112720). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U27310GJ2010PTC063336
Registration Number 063336
Incorporation Date 22 December 2010
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-01-0112720
CIN history
Vasko Ispat has one previous CIN (Corporate Identification Number): U74900GJ2010PTC063336. The current CIN is U27310GJ2010PTC063336, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27310GJ2010PTC063336 | Current |
| U74900GJ2010PTC063336 | Previous |
Key People
Himanshu Poddar Director Vinaye Jain Director Recognitions & Rankings of Vasko Ispat
Contact details
Vasko Ispat Private Limited's registered office is in Dholka, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1201 – 1202 GIDC, Dholka, Gujarat, India – 387810
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Vasko Ispat Private Limited, buy the company report.
Comprehensive company report
Vasko Ispat Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Vasko Ispat is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Vasko Ispat Private Limited, buy the company report.
Financials of Vasko Ispat Private Limited
FY 2025 filings availableVasko Ispat Private Limited reported revenue of ₹127.64 Cr (up 34% YoY) for FY 2025.
Revenue · FY 2025
₹127.64 Cr ▲ 34%
Net profit · FY 2025
₹2.2 Cr margin 1.7%
EBITDA · FY 2025
₹5.21 Cr margin 4.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 34%
3 years · compounded
▲ 15%
5 years · compounded
▲ 13%
EBITDA CAGR growth
1 year
▲ 65%
3 years · compounded
▲ 33%
5 years · compounded
▲ 13%
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 34% growth in the latest year. EBITDA rose 65% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | ₹5.21 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.2 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 | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.1% | ||||
| Net Profit Margin | 1.7% | ||||
| 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 Vasko Ispat Private Limited, buy the company report.
Board of directors of Vasko Ispat Private Limited
Vasko Ispat has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Himanshu Poddar Also directs: Rakhi Alloys Private Limited | Director | 26 Feb 2018 | 8 Years 8 Months | Current |
| Vinaye Jain Also directs: Janki Metal Strips Limited, Vasko Metalloys Private Limited, Janki Stainless Strips Private Limited and 3 more | Director | 22 Dec 2010 | 15 Years 10 Months | Current |
Peer comparison
Vasko Ispat Private Limited is compared with the 7 companies closest to it by revenue in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mav Steels Private Limited | ₹129.12 Cr (FY 2025) | 42.0% | Delhi, India | |||
| Thieh Ingots Private Limited | ₹128.93 Cr (FY 2025) | -7.0% | Kochi, Kerala, India | |||
| Unistec Ferrum Private Limited | ₹128.69 Cr (FY 2025) | 56217.0% | Ludhiana, Punjab, India | |||
| Vasko Ispat Private Limitedthis company | ₹127.64 Cr (FY 2025) | ₹2.2 Cr | 1.7% | 34.0% | 14 | Dholka, Gujarat, India |
| Ritanshi Steel Processors Private Limited | ₹127.59 Cr (FY 2025) | 28.0% | Faridabad, Haryana, India | |||
| Shree Devkinandan Metals Private Limited | ₹127.26 Cr (FY 2025) | 6.0% | Gandhinagar, Gujarat, India | |||
| Smridhi Sponge Limited | ₹127.25 Cr (FY 2025) | 3.0% | Kolkata, West Bengal, India | |||
| Durga Concast Private Limited | ₹127.24 Cr (FY 2023) | 1.0% | Ludhiana, Punjab, India |
To see the full peer comparison of Vasko Ispat Private Limited, buy the company report.
Auditor
Vasko Ispat Private Limited is audited by RUSHABH SHREYANSH & CO.131457W for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RUSHABH SHREYANSH & CO.131457W | FY 2022 | 131457W |
Shareholding
The shareholding of Vasko Ispat 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 Vasko Ispat Private Limited, buy the company report.
Charges & borrowings
Open charges
₹22.55 Cr
Satisfied charges
₹24.76 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Sep 2024 | 100992987 | Bank of India | ₹22.55 Cr | Open | |
| 28 Dec 2023 | 100851165 | Others | ₹1.21 Cr | Satisfied | |
| 01 Mar 2023 | 100689032 | Others | ₹2.65 Cr | Satisfied | |
| 24 Sep 2018 | 100209985 | Others | ₹3.2 Cr | Satisfied | |
| 24 Sep 2018 | 100209982 | Others | ₹6 Cr | Satisfied |
To see the full charge records of Vasko Ispat Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Vasko Ispat Private Limited has 2 court cases on record: 2 filed by Vasko Ispat. All cases are disposed.
Total cases
2
Filed by the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (SMST R) | Filed by the company against individuals | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Vasko Ispat 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 Vasko Ispat Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Vasko Ispat Private Limited has a workforce of 14 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
14
Active EPFO establishments
1
Employee growth
-6.67%
GST
Vasko Ispat has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCP8567M1ZR | Gujarat | Active | 05 Mar 2018 |
| 24AAFCP8567M1D0 | Gujarat | Active | 28 Oct 2024 |
To see the full GST registrations and return filing status of Vasko Ispat Private Limited, buy the company report.
Recent activity
Vasko Ispat Private Limited has 7 board changes on record since 2010: 2 appointments and 5 cessations. The latest: Saket Gupta ceased to be Director on 05 Nov 2024.
AGM
Vasko Ispat Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Vasko Ispat Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge registered on 28 Dec 2023 via Charge ID 100851165 with Others was fully satisfied on 22 Nov 2024.
Charges
A charge registered on 01 Mar 2023 via Charge ID 100689032 with Others was fully satisfied on 22 Nov 2024.
Charges
A charge registered on 24 Sep 2018 via Charge ID 100209985 with Others was fully satisfied on 22 Nov 2024.
Charges
A charge registered on 24 Sep 2018 via Charge ID 100223451 with Others was fully satisfied on 22 Nov 2024.
Charges
A charge registered on 24 Sep 2018 via Charge ID 100209979 with Others was fully satisfied on 22 Nov 2024.
Charges
A charge registered on 24 Sep 2018 via Charge ID 100209982 with Others was fully satisfied on 22 Nov 2024.
Ceased
Saket Gupta ceased to be Director.
Charges
A charge with Bank Of India amounted to Rs. 22.55 Cr with Charge ID 100992987 was registered on 27 Sep 2024.
Charges
A charge with Others amounted to Rs. 1.21 Cr with Charge ID 100851165 was registered on 28 Dec 2023.
Charges
A charge registered on 24 Sep 2018 via Charge ID 100209981 with Others was fully satisfied on 29 Aug 2023.
14 earlier events are in the company report.
Frequently asked questions
Vasko Ispat is an active private limited company based in Dholka, Gujarat, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 22 December 2010 (16+ years old) and is registered under CIN U27310GJ2010PTC063336.
Vasko Ispat has 2 current directors:
- Himanshu Poddar - Director
- Vinaye Jain - Director
The latest financial statements of Vasko Ispat on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Vasko Ispat is 24AAFCP8567M1ZR, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AAFCP8567M1D0 (Gujarat).
The CIN (Corporate Identification Number) of Vasko Ispat is U27310GJ2010PTC063336. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vasko Ispat has 2 court cases on record: 2 filed by the company.
Vasko Ispat was incorporated on 22 December 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Vasko Ispat by revenue are Mav Steels Private Limited, Thieh Ingots Private Limited, Unistec Ferrum Private Limited, Ritanshi Steel Processors Private Limited, Shree Devkinandan Metals Private Limited and 2 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Saket Gupta ceased to be Director on 05 Nov 2024. Himanshu Poddar was appointed as Director on 26 Feb 2018. Sangita Vinaye Jain ceased to be Director on 26 Feb 2018. Vasko Ispat has 7 board changes on record in total.
Yes, Vasko Ispat is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-01-0112720).
The registered office of Vasko Ispat is at 1201 – 1202 GIDC, Dholka, Gujarat, India – 387810.
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