About Vaspl Initiatives Private Limited
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Vaspl Initiatives Private Limited is a private limited company based in Bhopal, Madhya Pradesh, India, a subsidiary of Vision Advisory Services Private Limited. It operates in the general infrastructure services segment of the infrastructure and utilities sector. It was incorporated on 15 December 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U74999MP2017PTC044687. Its GSTIN is 23AAGCV2112H1ZS (Madhya Pradesh).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Pradeep Karambelkar and Shradha Karambelkar.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mig C/101 Nehru Nagar, Bhopal, Madhya Pradesh, India – 462003.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.79 Lakh, a decline of 77% compared to the previous year. For the same year it recorded a net loss of ₹23.28 Lakh and EBITDA of -₹21.91 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 43% over three years and 42% over five years.
The company is associated with 1 brand: VASPL Initiatives.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mpincubator.com.
Company details
Contact details
Vaspl Initiatives Private Limited's registered office is in Bhopal, Madhya Pradesh. Its website is mpincubator.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressMig C/101 Nehru Nagar, Bhopal, Madhya Pradesh, India – 462003
- IndustryInfrastructure and Utilities, General Infrastructure Services
To see the full contact details of Vaspl Initiatives 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
Brands
Vaspl Initiatives operates one associated brand: VASPL Initiatives. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Startup incubator firm backed by Vision Advisory Services | mpincubator.com |
Business activity
The main business activity of Vaspl Initiatives is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Vaspl Initiatives Private Limited, buy the company report.
Financials of Vaspl Initiatives Private Limited
FY 2024 filings availableVaspl Initiatives Private Limited reported revenue of ₹1.79 Lakh (down 77% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 42% over five years, including a 77% fall in the latest year. EBITDA fell 41% 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
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| EBITDA | -₹21.91 Lakh | ||||
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| Net Profit (PAT) | -₹23.28 Lakh | ||||
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Financial Ratios
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To see the full financial statements and ratios of Vaspl Initiatives Private Limited, buy the company report.
Board of directors of Vaspl Initiatives Private Limited
Vaspl Initiatives has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pradeep Karambelkar Also directs: Visionbiz Opportunities Network LLP, Vision Shanti Infra LLP, Satv Innovations LLP and 5 more | Director | 15 Dec 2017 | 8 Years 10 Months | Current |
| Shradha Karambelkar Also directs: Visionbiz Opportunities Network LLP | Director | 15 Dec 2017 | 8 Years 10 Months | Current |
Auditor
Vaspl Initiatives Private Limited is audited by Keshri & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Keshri & Associates | FY 2023 | 310006E |
Shareholding
The shareholding of Vaspl Initiatives Private Limited is on record for 4 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 2019 | FY 2018 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Vaspl Initiatives Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Vaspl Initiatives Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Vaspl Initiatives Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vaspl Initiatives has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAGCV2112H1ZS | Madhya Pradesh | Active | 02 May 2018 |
To see the full GST registrations and return filing status of Vaspl Initiatives Private Limited, buy the company report.
Recent activity
Vaspl Initiatives Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Pradeep Karambelkar was appointed as Director on 15 Dec 2017.
Frequently asked questions
Vaspl Initiatives is an active private limited company based in Bhopal, Madhya Pradesh, India. The company works in general infrastructure services, within the infrastructure and utilities industry. It was incorporated on 15 December 2017 (9+ years old) and is registered under CIN U74999MP2017PTC044687.
Vaspl Initiatives has 2 current directors:
- Pradeep Karambelkar - Director
- Shradha Karambelkar - Director
The latest financial statements of Vaspl Initiatives on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Vaspl Initiatives is 23AAGCV2112H1ZS, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Vaspl Initiatives is U74999MP2017PTC044687. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vaspl Initiatives was incorporated on 15 December 2017, making it 9+ years old. It is registered with the Registrar of Companies, Gwalior.
Pradeep Karambelkar was appointed as Director on 15 Dec 2017. Shradha Karambelkar was appointed as Director on 15 Dec 2017.
Vaspl Initiatives can be reached through the website mpincubator.com. Its registered office is in Bhopal, Madhya Pradesh, India.
The registered office of Vaspl Initiatives is at Mig C101 Nehru Nagar, Bhopal, Madhya Pradesh, India – 462003.
Vaspl Initiatives operates in the infrastructure and utilities industry, in the general infrastructure services segment.