Vecare Consumer Science Private Limited

Vecare Consumer Science Private Limited - consumer electronics & durables in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U74995MH2017PTC300246 Incorporated 28 September 2017 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company consumer electronics and durables DPIIT Startup MSME · Small
Data last updated
Revenue · FY 2024
₹23.54 Cr
▼ 7% YoY
Net profit · FY 2024
₹36.11 Lakh
Net margin 1.5%
EBITDA · FY 2024
₹1.3 Cr
EBITDA margin 5.5%
Authorised capital
₹2.5 Cr
Registered with MCA
Paid-up capital
₹2 Cr
Issued & subscribed
Open charges
₹5 Cr
Satisfied ₹4.57 Cr
Company age
9 yrs
Est. 2017
Employees · EPFO
162
Provident fund records

About Vecare Consumer Science Private Limited

Data last updated:

Vecare Consumer Science Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 28 September 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74995MH2017PTC300246. Its GSTIN is 27AAGCV1201R1Z3 (Maharashtra). The company holds 14 GST registrations, of which 4 are active.

The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2 Cr. It is led by directors Jeevendra Prasad (Managing Director) and Aakash Jeevendra Prasad.

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 Unit No 207 Acme Industrial Park, Mumbai, Maharashtra.

As per the financials filed for FY 2024, the company reported a revenue of ₹23.54 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹36.11 Lakh (net margin 1.5%) and EBITDA of ₹1.3 Cr (EBITDA margin 5.5%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 12% over five years.

The company has about 162 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹5 Cr and satisfied charges of ₹4.57 Cr on record. Court records list 30 cases involving the company, including 4 filed by the company and 26 filed against it; 13 cases are pending.

Vecare Consumer Science Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0015004). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vecare.in.

Company details

CIN U74995MH2017PTC300246
Registration Number 300246
Incorporation Date 28 September 2017
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-MH-19-0015004

Recognitions & Rankings of Vecare Consumer Science

DPIIT recognised startup Government of India
Startup India
MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-19-0015004

Contact details

Vecare Consumer Science Private Limited's registered office is in Mumbai, Maharashtra. Its website is vecare.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
  • Registered Address
    Unit No 207 Acme Industrial Park, Krishna Metal Comound Off I B Patel Road Near Western Express Highway Goregaon East, Mumbai, Maharashtra, India – 400063
  • Industry
    Consumer Electronics & Durables, Electronic Appliances Retail & Distribution

To see the full contact details of Vecare Consumer Science Private Limited, buy the company report.

Comprehensive company report
Vecare Consumer Science Private Limited - one report that includes everything
  • 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

The main business activity of Vecare Consumer Science is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM9Other professional, scientific and technical activities

To see the full business activity and turnover split of Vecare Consumer Science Private Limited, buy the company report.

Financials of Vecare Consumer Science Private Limited

FY 2025 filings available

Vecare Consumer Science Private Limited reported revenue of ₹23.54 Cr (down 7% YoY) for FY 2024.

Revenue · FY 2024
₹23.54 Cr ▼ 7%
Net profit · FY 2024
₹36.11 Lakh margin 1.5%
EBITDA · FY 2024
₹1.3 Cr margin 5.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 7%
3 years · compounded
▲ 1%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▲ 181%
3 years · compounded
▲ 25%
5 years · compounded
▲ 60%

Revenue fell 7% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 12%. EBITDA rose 181% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹1.3 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹36.11 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin5.5%
Net Profit Margin1.5%
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

To see the full financial statements and ratios of Vecare Consumer Science Private Limited, buy the company report.

Board of directors of Vecare Consumer Science Private Limited

Vecare Consumer Science has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Jeevendra PrasadManaging Director03 Feb 20188 Years 8 MonthsCurrent
Aakash Jeevendra PrasadDirector01 Apr 20242 Years 6 MonthsCurrent

Auditor

Vecare Consumer Science Private Limited is audited by Shetty Naik & Associates for the financial year 2022.

Auditor firmFinancial yearFirm registration number
Shetty Naik & AssociatesFY 2022124851W

Shareholding

The shareholding of Vecare Consumer Science Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Vecare Consumer Science Private Limited, buy the company report.

Charges & borrowings

Open charges
₹5 Cr
Satisfied charges
₹4.57 Cr
Breakdown by lending institutions
Yes Bank Limited₹5.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
27 Jun 2023100756438Yes Bank Limited₹5 CrOpen
12 Jul 2022100604028Others₹4.4 CrSatisfied
17 Oct 2020100379588Others₹17 LakhSatisfied

To see the full charge records of Vecare Consumer Science Private Limited, buy the company report.

Total charge records: 3 View all charges

MSME payment delays

Vecare Consumer Science Private Limited has 8 MSME Form 1 returns on record between 2020 and 2023, listing 43 overdue payments to 20 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 20)

SupplierAmount dueDue sinceReported on
Unique Mobiles
an individual supplier
Japs & Associates LLP
an individual supplier
an individual supplier

To see the full MSME payment records of Vecare Consumer Science Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Vecare Consumer Science Private Limited has a workforce of 162 employees on its EPFO records as of Apr 11, 2024, across 1 active EPFO establishment.

Employee count
162
Active EPFO establishments
1
Employee growth
-21.74%

GST

Vecare Consumer Science has 14 GST registrations: 4 active and 10 cancelled or inactive.

Total GSTINs
14
Active
4
Cancelled / inactive
10
GSTINStateStatusRegistered on
27AAGCV1201R1Z3MaharashtraActive12 Mar 2018
29AAGCV1201R1ZZKarnatakaActive16 Mar 2018
07AAGCV1201R1Z5DelhiActive10 Apr 2018
08AAGCV1201R1Z3RajasthanActive28 Sep 2019

To see the full GST registrations and return filing status of Vecare Consumer Science Private Limited, buy the company report.

Recent activity

Vecare Consumer Science Private Limited has 14 board changes on record since 2017: 8 appointments and 6 cessations. The latest: Vinod Gulshandev Chopra ceased to be Director on 07 May 2024.

AGM
Vecare Consumer Science Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Vecare Consumer Science Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Vinod Gulshandev Chopra ceased to be Director.
Appointed
Aakash Jeevendra Prasad was appointed as Director.
Charges
A charge registered on 12 Jul 2022 via Charge ID 100604028 with Others was fully satisfied on 17 Jan 2024.
Charges
A charge registered on 17 Oct 2020 via Charge ID 100379588 with Others was fully satisfied on 09 Jan 2024.
Charges
A charge with Yes Bank Limited amounted to Rs. 5.00 Cr with Charge ID 100756438 was registered on 27 Jun 2023.
Ceased
Avinash Pathak ceased to be Director.
Charges
A charge with Others amounted to Rs. 4.40 Cr with Charge ID 100604028 was registered on 12 Jul 2022.
Appointed
Vinod Gulshandev Chopra was appointed as Director.
Charges
A charge with Others amounted to Rs. 0.17 Cr with Charge ID 100379588 was registered on 17 Oct 2020.
Ceased
Suresh Karsan Satra ceased to be Director.

10 earlier events are in the company report.

Frequently asked questions

Vecare Consumer Science is an active private limited company based in Mumbai, Maharashtra, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 28 September 2017 (9+ years old) and is registered under CIN U74995MH2017PTC300246.

Vecare Consumer Science has 2 current directors:

The latest financial statements of Vecare Consumer Science 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 2018 are in the company report.

The GSTIN of Vecare Consumer Science is 27AAGCV1201R1Z3, registered in Maharashtra. The company has 14 GST registrations in all, of which 4 are active and 10 are cancelled or inactive. Other active GSTINs include 29AAGCV1201R1ZZ (Karnataka), 07AAGCV1201R1Z5 (Delhi), 08AAGCV1201R1Z3 (Rajasthan).

The CIN (Corporate Identification Number) of Vecare Consumer Science is U74995MH2017PTC300246. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Vecare Consumer Science has 30 court cases on record: 4 filed by the company and 26 filed against it. 13 are pending. Most are in the district courts.

Vecare Consumer Science was incorporated on 28 September 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.

Vinod Gulshandev Chopra ceased to be Director on 07 May 2024. Aakash Jeevendra Prasad was appointed as Director on 01 Apr 2024. Avinash Pathak ceased to be Director on 23 Mar 2023. Vecare Consumer Science has 14 board changes on record in total.

Yes, Vecare Consumer Science is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Yes, Vecare Consumer Science is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0015004).

Vecare Consumer Science has 8 MSME Form 1 returns on record between 2020 and 2023, listing 43 overdue payments to 20 micro and small suppliers. The latest return was filed on 16 Sep 2023.