V-Assist Services Private Limited
About V-Assist Services Private Limited
Data last updated:
V-Assist Services Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Kuoni Asian Investments Mauritius Limited. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the travel and tourism segment of the tourism and accommodation sector. It was incorporated on 30 December 2015.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U63090MH2015PTC271451. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1.26 Cr and a paid-up capital of ₹60.44 Lakh. It was led by directors Nitin Jagannath Desai and Sagar Kirit Rajani.
Its last annual general meeting (AGM) was held on 24 May 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at 20th Floor Tower A Urmi Estate 95 Ganpatrao Kadam Marg Lower Parel (W), Mumbai, Maharashtra, India – 400013.
As per the financials filed for FY 2017, the company reported a revenue of ₹92.75 Lakh. For the same year it recorded a net loss of ₹3.82 Lakh (net margin -4.1%) and EBITDA of -₹11.69 Lakh (EBITDA margin -12.6%).
The company had about 44 employees on its provident fund (EPFO) records before it was struck off.
The company has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹8.92 Cr; the latest was in April 2017.
Company details
Contact details
V-Assist Services Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address20th Floor Tower A Urmi Estate 95 Ganpatrao Kadam Marg Lower Parel (W), Mumbai, Maharashtra, India – 400013
- IndustryTourism And Accommodation, Travel & Tourism
To see the full contact details of V-Assist Services 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
Business activity
The main business activity of V-Assist Services is support service to organizations. In detail, this covers travel agency and tour operators.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N3 | Travel agency and tour operators |
To see the full business activity and turnover split of V-Assist Services Private Limited, buy the company report.
Financials of V-Assist Services Private Limited
FY 2021 filings availableV-Assist Services Private Limited reported revenue of ₹92.75 Lakh for FY 2017.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹92.75 Lakh | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹11.69 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹3.82 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
| Metrics | FY 2016-17 | FY 2015-16 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -12.6% | |
| Net Profit Margin | -4.1% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
| Quick Ratio | ||
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| Efficiency and Growth | ||
| Asset Turnover | ||
| Receivable Days | ||
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| Inventory Days | ||
| Revenue Growth | ||
| Net Profit Growth | ||
To see the full financial statements and ratios of V-Assist Services Private Limited, buy the company report.
Board of directors of V-Assist Services Private Limited
V-Assist Services has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitin Jagannath Desai | Director | 26 Jul 2017 | 9 Years 3 Months | As last reported |
| Sagar Kirit Rajani Also directs: Vasco Worldwide India Private Limited | Director | 15 Mar 2018 | 8 Years 7 Months | As last reported |
Auditor
V-Assist Services Private Limited is audited by SBR & Co. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SBR & Co. | FY 2017 | 129791W |
Shareholding
The shareholding of V-Assist Services Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of V-Assist Services Private Limited, buy the company report.
Deals & funding
V-Assist Services Private Limited has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹8.92 Cr; the latest was in April 2017.
Deals on record (2 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2017 | Funding round | ₹8.92 Cr | Investors: Kuoni Asian Investments (Mauritius) Ltd. |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: Kuoni Asian Investments (Mauritius) Ltd. Seller: Whiteboard Idea Labs Private Limited |
To see the full deal history of V-Assist Services Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving V-Assist Services 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 V-Assist Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
V-Assist Services has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of V-Assist Services Private Limited, buy the company report.
Recent activity
V-Assist Services Private Limited has 8 board changes on record since 2016: 2 appointments and 6 cessations. The latest: Sagar Kirit Rajani ceased to be Additional Director on 28 Sep 2018.
Frequently asked questions
V-Assist Services has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
V-Assist Services was a private limited company based in Mumbai, Maharashtra, India. The company worked in travel and tourism, within the tourism and accommodation industry. It was incorporated on 30 December 2015 and is registered under CIN U63090MH2015PTC271451. The company has been struck off by the Registrar of Companies and is no longer operational.
V-Assist Services had 2 directors:
- Nitin Jagannath Desai - Director
- Sagar Kirit Rajani - Director
The CIN (Corporate Identification Number) of V-Assist Services is U63090MH2015PTC271451. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of V-Assist Services is at 20th Floor Tower A Urmi Estate 95 Ganpatrao Kadam Marg Lower Parel W, Mumbai, Maharashtra, India – 400013.
V-Assist Services was incorporated on 30 December 2015. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of V-Assist Services on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 24 May 2021. Year-wise statements from FY 2016 are in the company report.
No. V-Assist Services has 1 GST registration on record and it is cancelled or inactive.
V-Assist Services operated in the tourism and accommodation industry, in the travel and tourism segment. It worked in this industry before it was struck off.
V-Assist Services has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹8.92 Cr; the latest was in April 2017.
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