VB Dace Appliances Private Limited
About VB Dace Appliances Private Limited
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VB Dace Appliances Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 21 March 2022.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U51909TN2022PTC150647. Its GSTIN is 33AAICV6149C1ZE (Tamil Nadu).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Jagadeesan Balasubramaniam and Shobitha Venkatesh Bhat.
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 Plot No. 30 Industrial Estate Main Road, Chennai Industrial Estate, Tamil Nadu, India – 600096.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.18 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹29.77 Lakh (net margin 7.1%) and EBITDA of ₹42.56 Lakh (EBITDA margin 10.2%).
The company has about 6 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹19.36 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
VB Dace Appliances Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No. 30 Industrial Estate Main Road, Chennai Industrial Estate, Tamil Nadu, India – 600096
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of VB Dace Appliances 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 VB Dace Appliances is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of VB Dace Appliances Private Limited, buy the company report.
Financials of VB Dace Appliances Private Limited
FY 2025 filings availableVB Dace Appliances Private Limited reported revenue of ₹4.18 Cr (up 773% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 773% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| Total Expenses | |||
| EBITDA | ₹42.56 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹29.77 Lakh | ||
| Balance Sheet | |||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 10.2% | ||
| Net Profit Margin | 7.1% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
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To see the full financial statements and ratios of VB Dace Appliances Private Limited, buy the company report.
Board of directors of VB Dace Appliances Private Limited
VB Dace Appliances has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jagadeesan Balasubramaniam Also directs: Tuftek Industries LLP, Dace Luggage Industries LLP, Bcube Ventures Private Limited and 2 more | Director | 21 Mar 2022 | 4 Years 7 Months | Current |
| Shobitha Venkatesh Bhat | Director | 21 Mar 2022 | 4 Years 7 Months | Current |
| Kaleeswaran Ganesan Vikram | Director | 21 Mar 2022 | 4 Years 7 Months | Current |
| Venkatesh Bhat Sadasiva | Director | 21 Mar 2022 | 4 Years 7 Months | Current |
Peer comparison
VB Dace Appliances Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Products industry (Crockery and Utensils Manufacturers, Electronic Appliances Retail and Distribution), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Periwal Diesels Private Limited | ₹4.19 Cr (FY 2025) | -6.0% | Patna, Bihar, India | |||
| Digital Techtronix India Private Limited | ₹4.19 Cr (FY 2019) | 17.0% | Ludhiana, Punjab, India | |||
| VB Dace Appliances Private Limitedthis company | ₹4.18 Cr (FY 2024) | ₹29.77 Lakh | 7.1% | 773.0% | Chennai, Tamil Nadu, India | |
| Alrick Solar Private Limited | ₹4.16 Cr (FY 2025) | 122.0% | Allahabad, Uttar Pradesh, India |
To see the full peer comparison of VB Dace Appliances Private Limited, buy the company report.
Auditor
VB Dace Appliances Private Limited is audited by P. SENTHAMARAI KANNAN & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P. SENTHAMARAI KANNAN & CO | FY 2023 | 003708S |
Shareholding
The shareholding of VB Dace Appliances Private Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of VB Dace Appliances Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Oct 2025 | 101212161 | Hdfc Bank Limited | ₹19.36 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving VB Dace Appliances 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 VB Dace Appliances Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
VB Dace Appliances has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAICV6149C1ZE | Tamil Nadu | Active | 28 Sep 2022 |
To see the full GST registrations and return filing status of VB Dace Appliances Private Limited, buy the company report.
Recent activity
VB Dace Appliances Private Limited has 4 board changes on record since 2022: 4 appointments. The latest: Jagadeesan Balasubramaniam was appointed as Director on 21 Mar 2022.
Frequently asked questions
VB Dace Appliances is an active private limited company based in Chennai, Tamil Nadu, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 21 March 2022 (4+ years old) and is registered under CIN U51909TN2022PTC150647.
VB Dace Appliances has 4 current directors:
- Jagadeesan Balasubramaniam - Director
- Shobitha Venkatesh Bhat - Director
- Kaleeswaran Ganesan Vikram - Director
- Venkatesh Bhat Sadasiva - Director
The latest financial statements of VB Dace Appliances 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 FY 2022 are in the company report.
The GSTIN of VB Dace Appliances is 33AAICV6149C1ZE, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of VB Dace Appliances is U51909TN2022PTC150647. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
VB Dace Appliances was incorporated on 21 March 2022, making it 4+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of VB Dace Appliances by revenue are Periwal Diesels Private Limited, Digital Techtronix India Private Limited, Alrick Solar Private Limited, all in the Consumer Products industry (Crockery and Utensils Manufacturers, Electronic Appliances Retail and Distribution), with the same principal business activity (retail trading).
Jagadeesan Balasubramaniam was appointed as Director on 21 Mar 2022. Kaleeswaran Ganesan Vikram was appointed as Director on 21 Mar 2022. Shobitha Venkatesh Bhat was appointed as Director on 21 Mar 2022. VB Dace Appliances has 4 board changes on record in total.
The registered office of VB Dace Appliances is at Plot No. 30 Industrial Estate Main Road, Chennai Industrial Estate, Tamil Nadu, India – 600096.
VB Dace Appliances operates in the consumer electronics and durables industry, in the electronic appliances retail and distribution segment.
VB Dace Appliances has open charges of ₹19.36 Lakh and no satisfied charges on record as per latest MCA filings.