About Vector Projects (India) Private Limited
Data last updated:
Vector Projects (India) Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Uniply Industries Limited. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 03 December 2001.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U20299MH2001PTC134091. Its GSTIN is 07AABCV3166E1ZH (Delhi). The company holds 10 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr. It was formerly known as V3 Interiors (India) Private Limited and Vector Modular System (India) Private Limited. It is led by directors including Ramgopal Lakshmi Ratan and Anuj Bajpai (Irp/Rp/Liquidator).
Its last annual general meeting (AGM) was held on 24 May 2021, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 4th Floor Vector House L.B.S. Marg Near Asian Paints Ltd. Bhandup (W)., Mumbai, Maharashtra, India – 400078.
As per the financials filed for FY 2019, the company reported a revenue of ₹359.48 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹17.79 Cr (net margin 4.9%) and EBITDA of ₹60.88 Cr (EBITDA margin 16.9%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years.
The company has about 120 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹202.88 Cr and satisfied charges of ₹346.18 Cr on record. Court records list 130 cases involving the company, including 2 filed by the company and 128 filed against it; 79 cases are pending. The company has 1 deal on record (1 acquisition); the latest was in August 2016.
The last known website on record is vectorprojectsindia.com.
Company details
Name history
Vector Projects (India) has undergone 2 name changes throughout its history. The company was previously known as V3 Interiors (India) Private Limited, and Vector Modular System (India) Private Limited. The current legal name is Vector Projects (India) Private Limited.
| Company Name | Status |
|---|---|
| Vector Projects (India) Private Limited | Current |
| V3 Interiors (India) Private Limited | Previous |
| Vector Modular System (India) Private Limited | Previous |
Contact details
Vector Projects (India) Private Limited's registered office is in Mumbai, Maharashtra. Its website is vectorprojectsindia.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address4th Floor Vector House L.B.S. Marg Near Asian Paints Ltd. Bhandup (W)., Mumbai, Maharashtra, India – 400078
- IndustryTravel and Hospitality, Consumer Professional Services
To see the full contact details of Vector Projects (India) 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 Vector Projects (India) is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Vector Projects (India) Private Limited, buy the company report.
Financials of Vector Projects (India) Private Limited
FY 2020 filings availableVector Projects (India) Private Limited reported revenue of ₹359.48 Cr (up 13% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 20% over three years, including 13% growth in the latest year. EBITDA rose 4% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Total Revenue | ₹359.48 Cr | ||||
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| Total Expenses | |||||
| EBITDA | ₹60.88 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹17.79 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16.9% | ||||
| Net Profit Margin | 4.9% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Vector Projects (India) Private Limited, buy the company report.
Board of directors of Vector Projects (India) Private Limited
Vector Projects (India) has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramgopal Lakshmi Ratan | Director | 01 Sep 2016 | 10 Years 1 Months | As last reported |
| Anuj Bajpai | Irp/Rp/Liquidator | 19 Nov 2024 | 1 Years 11 Months | As last reported |
| Keshav Narayan Kantamneni Also directs: Panther Capital LLP, S.Viswanathan (Printers & Publishers) Private Limited, Forge Point Limited and 5 more | Director | 31 Oct 2019 | 6 Years 11 Months | As last reported |
Auditor
Vector Projects (India) Private Limited is audited by DHIRAJ H MEHTA & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DHIRAJ H MEHTA & CO | FY 2019 | 145318W |
Shareholding
The shareholding of Vector Projects (India) Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Vector Projects (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Feb 2019 | 100242759 | Others | ₹10 Cr | Open | |
| 28 Jan 2015 | 10553377 | Others | ₹62 Cr | Open | |
| 27 Jun 2014 | 10515696 | Others | ₹45 Cr | Open | |
| 07 Apr 2014 | 10489201 | Others | ₹81.75 Cr | Open | |
| 05 Apr 2014 | 10489200 | The Shamrao Vithal Co-Op. Bank Ltd. | ₹4.13 Cr | Open |
To see the full charge records of Vector Projects (India) Private Limited, buy the company report.
Total charge records: 23 View all charges
Deals & funding
Vector Projects (India) Private Limited has 1 deal on record (1 acquisition); the latest was in August 2016.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2016 | Acquisition | ₹63.9 Cr | Buyer: Uniply Industries Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Vector Projects (India) Private Limited has 130 court cases on record: 2 filed by Vector Projects (India), 128 filed against it. 79 cases are pending and 51 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 119 | 118 | 77 |
| NCLT | 6 | 6 | 0 |
| High courts | 3 | 2 | 2 |
| NCLAT | 2 | 2 | 0 |
Cases on record (5 of 130)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial matter | Filed against the company by Ultratech Cement Limited Through Sanjay Mishra | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed against the company by Sbicap Trustee Company Limited Th. Shailesh Kokane | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CHAMBER SUMMONS) | Filed against the company by Ultratech Cement Limited Through Sanjay Mishra | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CHAMBER SUMMONS) | Filed against the company by All Arch India Pvt. Ltd. Through Rakesh Sushilkumar Ghai | Disposed |
| District court, Pune, Maharashtra | Execution petition | Filed against the company by M/S Nucon Products Pvt .Ltd. | Disposed |
To see the full case history of Vector Projects (India) 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.
Credit ratings & regulatory alerts
Vector Projects (India) Private Limited was last rated by Care on 20 Apr 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 20 Apr 2021 |
To see the full credit ratings and regulatory alerts of Vector Projects (India) Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Vector Projects (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vector Projects (India) has 10 GST registrations: 4 active and 6 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AABCV3166E1ZH | Delhi | Active | 01 Jul 2017 |
| 29AABCV3166E1ZB | Karnataka | Active | 01 Jul 2017 |
| 30AABCV3166E1ZS | Goa | Active | 01 Jul 2017 |
| 32AABCV3166E1ZO | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vector Projects (India) Private Limited, buy the company report.
Recent activity
Vector Projects (India) Private Limited has 13 board changes on record since 2007: 3 appointments and 10 cessations. The latest: Anuj Bajpai was appointed as Irp/Rp/Liquidator on 19 Nov 2024.
51 earlier events are in the company report.
Frequently asked questions
Vector Projects (India) is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Vector Projects (India) is a company under insolvency, formerly operating as a private limited company based in Mumbai, Maharashtra, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 03 December 2001 and is registered under CIN U20299MH2001PTC134091. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Vector Projects (India) has 3 current directors:
- Ramgopal Lakshmi Ratan - Director
- Keshav Narayan Kantamneni - Director
- Anuj Bajpai - Irp/Rp/Liquidator
The latest financial statements of Vector Projects (India) on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 24 May 2021. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Vector Projects (India) is U20299MH2001PTC134091. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vector Projects (India) has open charges of ₹202.88 Cr and satisfied charges of ₹346.18 Cr as per latest MCA filings.
Vector Projects (India) has 130 court cases on record: 2 filed by the company and 128 filed against it. 79 are pending. Most are in the district courts.
Vector Projects (India) was incorporated on 03 December 2001. It is registered with the Registrar of Companies, Mumbai.
Vector Projects (India) has 1 deal on record (1 acquisition); the latest was in August 2016.
Anuj Bajpai was appointed as Irp/Rp/Liquidator on 19 Nov 2024. Raghuram Nath ceased to be Director on 20 Nov 2019. Keshav Narayan Kantamneni was appointed as Director on 31 Oct 2019. Vector Projects (India) has 13 board changes on record in total.