About Vassam Solutions Private Limited
Data last updated:
Vassam Solutions Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the furniture manufacturing segment of the consumer electronics and durables sector. It was incorporated on 24 October 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74210KA2008PTC048112. Its GSTIN is 29AACCV8656N1ZE (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as V3 Interiorz Private Limited. It is led by directors including Shobha Venkataswamy and Sampath Raghavan Srinivasan.
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 Survey No.85/9 Jakkur Yelahanka Hobli, Bengaluru, Karnataka, India – 560064.
As per the financials filed for FY 2023, the company reported a revenue of ₹5.05 Cr, a growth of 42% compared to the previous year. For the same year it recorded a net profit of ₹14.97 Lakh (net margin 3%) and EBITDA of ₹28.29 Lakh (EBITDA margin 5.6%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 10% over five years.
As per MCA filings, the company has open charges of ₹4.3 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vassam.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressSurvey No.85/9 Jakkur Yelahanka Hobli, Bengaluru, Karnataka, India – 560064
- IndustryConsumer Electronics & Durables, Furniture Manufacturing
- 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 Vassam Solutions Private Limited
The main business activity of Vassam Solutions is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products | 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 Vassam Solutions Private Limited FY 2024 filings available
Vassam Solutions Private Limited reported revenue of ₹5.05 Cr (up 42% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Vassam Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 42% growth in the latest year. EBITDA rose 45% 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 Vassam Solutions Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹5.05 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹28.29 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹14.97 Lakh | •••• | •••• | •••• | •••• |
| 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 Vassam Solutions Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3% | •••• | •••• | •••• | •••• |
| 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 Vassam 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 Vassam Solutions Private Limited
Vassam Solutions Private Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Furniture). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Spatial Objects Private Limited | ₹5.12 Cr (FY 2024) | •••• | •••• | 2.0% | •••• | Hyderabad, Telangana, India |
| Cube Coal India Private Limited | ₹5.09 Cr (FY 2025) | •••• | •••• | -36.0% | •••• | Thoothukudi, Tamil Nadu, India |
| BKS Interior Private Limited | ₹5.08 Cr (FY 2025) | •••• | •••• | 83.0% | •••• | Gurgaon, Haryana, India |
| Abaj Storage Solutions Private Limited | ₹5.08 Cr (FY 2025) | •••• | •••• | 2573.0% | •••• | Bujrang, Gujarat, India |
| Artique Handicrafts Private Limited | ₹5.06 Cr (FY 2025) | •••• | •••• | 157.0% | •••• | Jodhpur, Rajasthan, India |
| Vassam Solutions Private Limited this company | ₹5.05 Cr (FY 2023) | •••• | •••• | 42.0% | •••• | Bengaluru, Karnataka, India |
| Nice Frame Private Limited | ₹5.04 Cr (FY 2024) | •••• | •••• | -41.0% | •••• | Delhi, India |
| Devraj Corporation Private Limited | ₹5.04 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Ahmedabad, Gujarat, India |
| Hevea Furniture and Interiors Private Limited | ₹5.03 Cr (FY 2025) | •••• | •••• | -47.0% | •••• | Chennai, Tamil Nadu, India |
| Rma Architects Private Limited | ₹5.01 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Mumbai, Maharashtra, India |
| Grandeur Space Solution Private Limited | ₹5.01 Cr (FY 2025) | •••• | •••• | 27.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Vassam Solutions by revenue in the Consumer Durables industry (Furniture), 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 Vassam Solutions Private Limited
Vassam Solutions Private Limited is audited by N N Yuvaraj & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| N N Yuvaraj & Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Vassam Solutions Private Limited
Vassam Solutions has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shobha Venkataswamy | Director | 25 Jul 2016 | 10 Years 2 Months | Current |
| Sampath Raghavan Srinivasan Also directs: Vassam Products LLP, Vintegra Solutions Private Limited | Director | 27 Sep 2021 | 5 Years 0 Months | Current |
| Vasu Narayana Also directs: Vassam Products LLP, Vintegra Solutions Private Limited | Director | 27 Sep 2021 | 5 Years 0 Months | Current |
| Kanmani Govindraj Also directs: V3 Trasta Works Private Limited | Director | 25 Jul 2016 | 10 Years 2 Months | Current |
Ownership and Shareholding of Vassam Solutions Private 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 Vassam Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Nov 2022 | State Bank of India | ₹4.3 Cr | Open |
Total charge records: 1 View all charges
Legal Cases of Vassam Solutions Private Limited
Vassam Solutions Private Limited has 1 court case on record: 1 filed by Vassam Solutions. All case is disposed. Status as checked on 29 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ernakulam, Kerala | Execution petition | Filed by the company against M/S.Square Associates | Disposed |
Full case history
All 1 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.
Employees and EPFO Compliance at Vassam Solutions Private Limited
Employment history and EPFO contributions of people linked to Vassam Solutions.
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.
Recent Activity on Vassam Solutions Private Limited
Vassam Solutions Private Limited has 8 board changes on record since 2016: 4 appointments and 4 cessations. The latest: Sampath Raghavan Srinivasan was appointed as Director on 27 Sep 2021.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Vassam Solutions 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 Vassam Solutions 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 Vassam Solutions 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 Vassam Solutions Private Limited
Vassam Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCV8656N1ZE | Karnataka | 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 Vassam Solutions 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 Vassam Solutions Private Limited
Vassam Solutions is an active private limited company based in Bengaluru, Karnataka, India. The company works in furniture manufacturing, within the consumer electronics and durables industry. It was incorporated on 24 October 2008 (18+ years old) and is registered under CIN U74210KA2008PTC048112.
Vassam Solutions reported revenue of ₹5.05 Cr for FY 2023 (up 42% YoY).
Vassam Solutions has 4 current directors:
- Shobha Venkataswamy - Director
- Sampath Raghavan Srinivasan - Director
- Vasu Narayana - Director
- Kanmani Govindraj - Director
Vassam Solutions reported a net profit of ₹14.97 Lakh (net margin 3%) and EBITDA of ₹28.29 Lakh (EBITDA margin 5.6%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Vassam Solutions is -10% over three years and 10% over five years. In the latest year (FY 2023) revenue rose 42%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Vassam Solutions is 29AACCV8656N1ZE, registered in Karnataka.
The CIN (Corporate Identification Number) of Vassam Solutions is U74210KA2008PTC048112. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vassam Solutions has 1 court case on record: 1 filed by the company.
Vassam Solutions was incorporated on 24 October 2008, making it 18+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Vassam Solutions by revenue are Spatial Objects Private Limited, Cube Coal India Private Limited, BKS Interior Private Limited, Abaj Storage Solutions Private Limited, Artique Handicrafts Private Limited and 5 more, all in the Consumer Durables industry (Furniture).
Sampath Raghavan Srinivasan was appointed as Director on 27 Sep 2021. Vasu Narayana was appointed as Director on 27 Sep 2021. Jayashree Guruprasad ceased to be Director on 30 Nov 2017. Vassam Solutions has 8 board changes on record in total.