Vedic Spices Private Limited
About Vedic Spices Private Limited
Data last updated:
Vedic Spices Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. The company is currently under process of striking off by the Registrar of Companies. The removal process has been initiated but is not yet final, and the company may be struck off soon. It operates in the food and beverage distribution segment of the food and beverages sector. It was incorporated on 22 June 2010.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51211MH2010PTC204663. Its GSTIN is 27AADCV3262H1ZA (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Nimit Bafna and Hans Raj Jain.
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 C – 57 Apmc Market Phase – II Sector – 19 Vashi, Navi Mumbai, Maharashtra, India – 400705.
As per the financials filed for FY 2022, the company reported a revenue of ₹32.62 Lakh, a decline of 49% compared to the previous year. For the same year it recorded a net loss of ₹18.51 Lakh (net margin -56.7%) and EBITDA of -₹6.91 Lakh (EBITDA margin -21.2%). Revenue has declined at a compounded annual rate (CAGR) of 30% over three years and 10% over five years.
Company details
Contact details
Vedic Spices Private Limited's registered office is in Navi Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressC – 57 Apmc Market Phase – II Sector – 19 Vashi, Navi Mumbai, Maharashtra, India – 400705
- IndustryFood and Beverages, Food & Beverage Retail & Distribution
To see the full contact details of Vedic Spices 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 Vedic Spices 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 |
Financials of Vedic Spices Private Limited
FY 2024 filings availableVedic Spices Private Limited reported revenue of ₹32.62 Lakh (down 49% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 10% over five years, including a 49% fall 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹32.62 Lakh | ||||
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| EBITDA | -₹6.91 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹18.51 Lakh | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -21.2% | ||||
| Net Profit Margin | -56.7% | ||||
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To see the full financial statements and ratios of Vedic Spices Private Limited, buy the company report.
Board of directors of Vedic Spices Private Limited
Vedic Spices has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nimit Bafna | Director | 01 Apr 2011 | 15 Years 6 Months | Current |
| Hans Raj Jain Also directs: Black Forest Realties Private Limited | Director | 22 Jun 2010 | 16 Years 4 Months | Current |
Auditor
Vedic Spices Private Limited is audited by VIJAY S SHETTY & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VIJAY S SHETTY & CO | FY 2019 | 113879W |
Shareholding
The shareholding of Vedic Spices Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Vedic Spices Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Vedic Spices 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 Vedic Spices Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vedic Spices has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCV3262H1ZA | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vedic Spices Private Limited, buy the company report.
Recent activity
Vedic Spices Private Limited has 6 board changes on record since 2010: 4 appointments and 2 cessations. The latest: Tushar Kohli ceased to be Director on 24 Oct 2016.
Frequently asked questions
Vedic Spices is currently "Under Process of Striking Off" as per MCA records. The Registrar of Companies has initiated the process to remove the company from the register, typically due to non-filing of statutory returns. This process is not yet final, but the company may be struck off soon. Caution is advised before entering into any agreements with this entity.
Vedic Spices is a company pending strike off, currently registered as a private limited company based in Navi Mumbai, Maharashtra, India. The company works in food and beverage retail and distribution, within the food and beverages industry. It was incorporated on 22 June 2010 and is registered under CIN U51211MH2010PTC204663. The company may be struck off soon - caution is advised.
The compliance status of Vedic Spices is compliant as of 18 July 2026.
Vedic Spices has 2 current directors:
- Nimit Bafna - Director
- Hans Raj Jain - Director
The CIN (Corporate Identification Number) of Vedic Spices is U51211MH2010PTC204663. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vedic Spices was incorporated on 22 June 2010. It is registered with the Registrar of Companies, Mumbai.
The registered office of Vedic Spices is at C – 57 Apmc Market Phase – II Sector – 19 Vashi, Navi Mumbai, Maharashtra, India – 400705.
The latest financial statements of Vedic Spices 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 2015 are in the company report.
The GSTIN of Vedic Spices is 27AADCV3262H1ZA, registered in Maharashtra.
Vedic Spices operates in the food and beverages industry, in the food and beverage retail and distribution segment.