Vatsal Resources Private Limited
About Vatsal Resources Private Limited
Data last updated:
Vatsal Resources Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 11 September 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24290GJ2009PTC058090. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Vatsal Petrochems Private Limited and Ashok Vatika Textile Private Limited. It is led by directors Mukesh Pandit and Guddu Rajak.
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 302/C 3rd Floor Madhuli Complex Sagrampura Surat, Gujarat, India – 395001.
As per the financials filed for FY 2024, the company reported a revenue of ₹30.04 Lakh, a decline of 6% compared to the previous year. For the same year it recorded a net loss of ₹53,343 (net margin -1.8%) and EBITDA of -₹53,343 (EBITDA margin -1.8%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 5% over five years.
Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Vatsal Resources has undergone 2 name changes throughout its history. The company was previously known as Vatsal Petrochems Private Limited, and Ashok Vatika Textile Private Limited. The current legal name is Vatsal Resources Private Limited.
| Company Name | Status |
|---|---|
| Vatsal Resources Private Limited | Current |
| Vatsal Petrochems Private Limited | Previous |
| Ashok Vatika Textile Private Limited | Previous |
CIN history
Vatsal Resources has one previous CIN (Corporate Identification Number): U17120GJ2009PTC058090. The current CIN is U24290GJ2009PTC058090, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24290GJ2009PTC058090 | Current |
| U17120GJ2009PTC058090 | Previous |
Contact details
Vatsal Resources Private Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address302/C 3rd Floor Madhuli Complex Sagrampura Surat, Gujarat, India – 395001
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Vatsal Resources 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 Vatsal Resources is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Vatsal Resources Private Limited, buy the company report.
Financials of Vatsal Resources Private Limited
FY 2025 filings availableVatsal Resources Private Limited reported revenue of ₹30.04 Lakh (down 6% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 6% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA rose 55% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹53,343 | ||||
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| Net Profit (PAT) | -₹53,343 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -1.8% | ||||
| Net Profit Margin | -1.8% | ||||
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To see the full financial statements and ratios of Vatsal Resources Private Limited, buy the company report.
Board of directors of Vatsal Resources Private Limited
Vatsal Resources has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mukesh Pandit | Director | 09 Dec 2019 | 6 Years 10 Months | Current |
| Guddu Rajak Also directs: Navapur Synthetics Private Limited, Reynolds Petro Chems Limited, Amudhiya Textile Limited and 3 more | Director | 23 Apr 2019 | 7 Years 6 Months | Current |
Auditor
Vatsal Resources Private Limited is audited by Rachna Patel & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Rachna Patel & Associates | FY 2022 | 148061W |
Shareholding
The shareholding of Vatsal Resources Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Vatsal Resources Private Limited, buy the company report.
Legal cases
Vatsal Resources Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Court case (TAXAP) | Filed against the company by The Commissioner, CGST and Central Excise Commissionerate, Surat | Disposed |
To see the full case history of Vatsal Resources 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 Vatsal Resources Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vatsal Resources 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 Vatsal Resources Private Limited, buy the company report.
Recent activity
Vatsal Resources Private Limited has 7 board changes on record since 2013: 2 appointments and 5 cessations. The latest: Manoj Vishweswar Rajak ceased to be Whole-Time Director on 09 Dec 2019.
Frequently asked questions
Vatsal Resources is an active private limited company based in Surat, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 11 September 2009 (17+ years old) and is registered under CIN U24290GJ2009PTC058090.
Vatsal Resources has 2 current directors:
- Mukesh Pandit - Director
- Guddu Rajak - Director
The latest financial statements of Vatsal Resources 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.
No. Vatsal Resources has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Vatsal Resources is U24290GJ2009PTC058090. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vatsal Resources has 1 court case on record: 1 filed against it.
Vatsal Resources was incorporated on 11 September 2009, making it 17+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Manoj Vishweswar Rajak ceased to be Whole-Time Director on 09 Dec 2019. Mukesh Pandit was appointed as Director on 09 Dec 2019. Bimal Naranbhai Mehta ceased to be Director on 23 Apr 2019. Vatsal Resources has 7 board changes on record in total.
The registered office of Vatsal Resources is at 302C 3rd Floor Madhuli Complex Sagrampura Surat, Gujarat, India – 395001.
Vatsal Resources operates in the manufacturing industry, in the textile and fabric production segment.
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