MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-GJ-20-0024056
Vecton International Private Limited - metals and minerals in Morbi, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹11.74 Cr
▲ 14% YoY
Net profit · FY 2024
₹46,965
Net margin 0%
EBITDA · FY 2024
₹56.85 Lakh
EBITDA margin 4.8%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹1.5 Cr
Secured borrowings
Company age
10 yrs
Est. 2016
Directors on board
2
As per MCA filings
About Vecton International Private Limited
Data last updated:
Vecton International Private Limited is a private limited company based in Morbi, Gujarat, India. It operates in the construction materials distribution segment of the metals and mining sector. It was incorporated on 08 September 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51909GJ2016PTC093654. Its GSTIN is 24AAFCV5960J1Z0 (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mehul Kanaiyalal Nimavat and Siddharth Jayendrakumar Niranjani.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Dharmgold Estate – 1 Plot – 4 B/H Real Plaza Village: Lalpar, Morbi, Gujarat, India – 363642.
As per the financials filed for FY 2024, the company reported a revenue of ₹11.74 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹46,965 (net margin 0%) and EBITDA of ₹56.85 Lakh (EBITDA margin 4.8%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years and 1% over five years.
The company is associated with 1 brand: Vecton International. As per MCA filings, the company has open charges of ₹1.5 Cr on record. Court records list 9 cases involving the company, including 9 filed against it; 7 cases are pending.
Vecton International Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-GJ-20-0024056). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vectoninternational.com.
Company details
CIN U51909GJ2016PTC093654
Registration Number 093654
Incorporation Date 08 September 2016
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-GJ-20-0024056
Recognitions & Rankings of Vecton International
Contact details
Vecton International Private Limited's registered office is in Morbi, Gujarat. Its website is vectoninternational.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressDharmgold Estate – 1 Plot – 4 B/H Real Plaza Village: Lalpar, Morbi, Gujarat, India – 363642
- IndustryMetals and Minerals, Construction Materials Retail & Distribution
To see the full contact details of Vecton International Private Limited, buy the company report.
Comprehensive company report
Vecton International 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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Brands
Vecton International operates one associated brand: Vecton International. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and exports digital wall tiles, ceramic floor tiles, and porcelain products. | vectoninternational.com |
Business activity
The main business activity of Vecton International 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 Vecton International Private Limited, buy the company report.
Financials of Vecton International Private Limited
FY 2024 filings availableVecton International Private Limited reported revenue of ₹11.74 Cr (up 14% YoY) for FY 2024.
Revenue · FY 2024
₹11.74 Cr ▲ 14%
Net profit · FY 2024
₹46,965 margin 0%
EBITDA · FY 2024
₹56.85 Lakh margin 4.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 14%
3 years · compounded
▲ 8%
5 years · compounded
▼ 1%
EBITDA CAGR growth
1 year
▼ 10%
3 years · compounded
▲ 14%
5 years · compounded
▲ 22%
Revenue rose 14% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA fell 10% 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 |
|---|---|---|---|---|---|
| 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 | ₹56.85 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹46,965 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
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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 | 4.8% | ||||
| Net Profit Margin | 0% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 Vecton International Private Limited, buy the company report.
Board of directors of Vecton International Private Limited
Vecton International has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mehul Kanaiyalal Nimavat Also directs: Arka Overseas LLP | Director | 08 Sep 2016 | 10 Years 2 Months | Current |
| Siddharth Jayendrakumar Niranjani Also directs: Sinaloa International LLP, Vecton International Trade LLP | Director | 08 Sep 2016 | 10 Years 2 Months | Current |
Auditor
Vecton International Private Limited is audited by N C GANDHI & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N C GANDHI & ASSOCIATES | FY 2022 | 129695W |
Shareholding
The shareholding of Vecton International Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Vecton International Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.5 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Jul 2021 | 100483665 | Others | ₹1.5 Cr | Open |
To see the full charge records of Vecton International Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Vecton International Private Limited has 9 court cases on record: 9 filed against it. 7 cases are pending and 2 are disposed.
Total cases
9
Filed against the company
9
Pending
7
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 9 | 7 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Commercial suit | Filed against the company by Oasis Shipping Pvt Ltd and 1 other | Pending |
| District court, MORBI, Gujarat | Commercial matter | Filed against the company by C H Robinson Worldwide Freight India Pvt Ltd - Ajit Hariramani | Pending |
| District court, MORBI, Gujarat | Criminal complaint | Filed against the company by Crevita Granito Pvt Ltd - Chirag Ravjibhai Patel C.A. 1133510 | Pending |
| District court, MORBI, Gujarat | Criminal complaint | Filed against the company by Indesign Ceramics LLP - Mehul Rajendrakumar Halvadiya C.A. 945669 | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by Issgf India Pvt Ltd | Pending |
To see the full case history of Vecton International 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 Vecton International Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vecton International has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCV5960J1Z0 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vecton International Private Limited, buy the company report.
Recent activity
Vecton International Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Mehul Kanaiyalal Nimavat was appointed as Director on 08 Sep 2016.
AGM
Vecton International Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Vecton International Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge with Others of Rs. 150.00 Lakh registered on 22 Jul 2021 with Charge ID 100483665 was modified on 01 Sep 2021.
Charges
A charge with Others amounted to Rs. 150.00 Lakh with Charge ID 100483665 was registered on 22 Jul 2021.
Appointed
Mehul Kanaiyalal Nimavat was appointed as Director.
Appointed
Siddharth Jayendrakumar Niranjani was appointed as Director.
Incorporation
08 Sep 2016
Vecton International Private Limited was registered on 08 Sep 2016 with Roc Ahmedabad & aged 10 years 2 months as per MCA records.
Frequently asked questions
Vecton International is an active private limited company based in Morbi, Gujarat, India. The company works in construction materials retail and distribution, within the metals and minerals industry. It was incorporated on 08 September 2016 (10+ years old) and is registered under CIN U51909GJ2016PTC093654.
Vecton International has 2 current directors:
- Mehul Kanaiyalal Nimavat - Director
- Siddharth Jayendrakumar Niranjani - Director
The latest financial statements of Vecton International on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Vecton International is 24AAFCV5960J1Z0, registered in Gujarat.
The CIN (Corporate Identification Number) of Vecton International is U51909GJ2016PTC093654. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vecton International has 9 court cases on record: 9 filed against it. 7 are pending.
Vecton International was incorporated on 08 September 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Mehul Kanaiyalal Nimavat was appointed as Director on 08 Sep 2016. Siddharth Jayendrakumar Niranjani was appointed as Director on 08 Sep 2016.
Yes, Vecton International is registered as an MSME under Udyam registration (number: UDYAM-GJ-20-0024056).
Vecton International can be reached through the website vectoninternational.com. Its registered office is in Morbi, Gujarat, India.
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