About Vasudev Electroproject Private Limited
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Vasudev Electroproject Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 11 September 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U31904GJ2018PTC104047. Its GSTIN is 24AAGCV5726R1ZN (Gujarat).
The company has an authorised share capital of ₹1.15 Cr and a paid-up capital of ₹64.35 Lakh. It is led by directors Keyurkumar Balvantdas Patel and Balvantbhai Ugarabhai Patel.
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 Surat, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.89 Cr, a growth of 79% compared to the previous year. For the same year it recorded a net profit of ₹33.86 Lakh (net margin 3.1%) and EBITDA of ₹1 Cr (EBITDA margin 9.2%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 18% over five years.
The company has about 26 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹6.15 Cr on record.
For more details, the company can be reached via its website vasudevelectricals.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPlot No. 16 & 17 J. B. Compound, Opp. Brc Laxminarayan Temple, Surat, Gujarat, India – 394210
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
- 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 of Vasudev Electroproject Private Limited
The main business activity of Vasudev Electroproject 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 Vasudev Electroproject Private Limited FY 2025 filings available
Vasudev Electroproject Private Limited reported revenue of ₹10.89 Cr (up 79% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Vasudev Electroproject Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 79% growth in the latest year. EBITDA rose 114% 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 Vasudev Electroproject Private Limited
| 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 | ₹1 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹33.86 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 Vasudev Electroproject Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.1% | •••• | •••• | •••• | •••• |
| 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 Vasudev Electroproject are in the company report.
Financial statements from FY 2019
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 Vasudev Electroproject Private Limited
Vasudev Electroproject Private Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bajaj Appliances Limited | ₹10.93 Cr (FY 2018) | •••• | •••• | 2.0% | •••• | Delhi, India |
| Sangam India Sales Private Limited | ₹10.93 Cr (FY 2025) | •••• | •••• | -43.0% | •••• | Chandigarh, India |
| Skill Rich Management Private Limited | ₹10.92 Cr (FY 2024) | •••• | •••• | 200.0% | •••• | Patna, Bihar, India |
| O.K. Enterprises Private Limited | ₹10.92 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Udaipur, Rajasthan, India |
| Yesp Sourcing Solutions Private Limited | ₹10.89 Cr (FY 2025) | •••• | •••• | -24.0% | •••• | Delhi, India |
| Vasudev Electroproject Private Limited this company | ₹10.89 Cr (FY 2025) | •••• | •••• | 79.0% | •••• | Surat, Gujarat, India |
| Pascal Systemtechnik Private Limited | ₹10.85 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Bangalore, Karnataka, India |
| Klaxon Systems and Software Private Limited | ₹10.82 Cr (FY 2024) | •••• | •••• | -11.0% | •••• | New Delhi, Delhi, India |
| Bhavna Electric & Machinery Stores Private Limited | ₹10.82 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Ankleshwar, Gujarat, India |
| Greenbrilliance Energy Private Limited | ₹10.81 Cr (FY 2025) | •••• | •••• | -19.0% | •••• | Vadodara, Gujarat, India |
| Onward Energies Private Limited | ₹10.8 Cr (FY 2024) | •••• | •••• | 49.0% | •••• | Bhopal, Madhya Pradesh, India |
Peers are the five companies nearest above and the five nearest below Vasudev Electroproject by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution), 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 Vasudev Electroproject Private Limited
Vasudev Electroproject Private Limited is audited by S. SONI & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S. SONI & CO. | 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 Vasudev Electroproject Private Limited
Vasudev Electroproject has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Keyurkumar Balvantdas Patel | Director | 11 Sep 2018 | 8 Years 0 Months | Current |
| Balvantbhai Ugarabhai Patel | Director | 11 Sep 2018 | 8 Years 0 Months | Current |
Ownership and Shareholding of Vasudev Electroproject 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 Vasudev Electroproject Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Jan 2025 | Others | ₹5 Cr | Open |
| 11 Jun 2021 | Others | ₹1.15 Cr | Open |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Vasudev Electroproject Private Limited
Vasudev Electroproject Private Limited has a workforce of 26 employees as of Apr 05, 2024.
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 Vasudev Electroproject Private Limited
Vasudev Electroproject Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Balvantbhai Ugarabhai Patel was appointed as Director on 11 Sep 2018.
Credit Ratings, Litigation & Regulatory Alerts for Vasudev Electroproject 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 Vasudev Electroproject 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 Vasudev Electroproject 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 Vasudev Electroproject Private Limited
Vasudev Electroproject has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCV5726R1ZN | Gujarat | Active | 03 Oct 2018 |
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 Vasudev Electroproject 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 Vasudev Electroproject Private Limited
Vasudev Electroproject is an active private limited company based in Surat, Gujarat, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 11 September 2018 (8+ years old) and is registered under CIN U31904GJ2018PTC104047.
Vasudev Electroproject reported revenue of ₹10.89 Cr for FY 2025 (up 79% YoY).
Vasudev Electroproject has 2 current directors:
- Keyurkumar Balvantdas Patel - Director
- Balvantbhai Ugarabhai Patel - Director
Vasudev Electroproject reported a net profit of ₹33.86 Lakh (net margin 3.1%) and EBITDA of ₹1 Cr (EBITDA margin 9.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Vasudev Electroproject is 1% over three years and 18% over five years. In the latest year (FY 2025) revenue rose 79%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Vasudev Electroproject is 24AAGCV5726R1ZN, registered in Gujarat.
The CIN (Corporate Identification Number) of Vasudev Electroproject is U31904GJ2018PTC104047. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vasudev Electroproject was incorporated on 11 September 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Vasudev Electroproject by revenue are Bajaj Appliances Limited, Sangam India Sales Private Limited, Skill Rich Management Private Limited, O.K. Enterprises Private Limited, Yesp Sourcing Solutions Private Limited and 5 more, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution).
Balvantbhai Ugarabhai Patel was appointed as Director on 11 Sep 2018. Keyurkumar Balvantdas Patel was appointed as Director on 11 Sep 2018.
Vasudev Electroproject can be reached through the website vasudevelectricals.com. Its registered office is in Surat, Gujarat, India.