About Vega Office Solutions (India) Private Limited
Data last updated:
Vega Office Solutions (India) Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the furniture manufacturing segment of the consumer electronics and durables sector. It was incorporated on 09 March 2005.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U36100MH2005PTC151833. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It was led by directors Vijay Raghunath Biwalkar and Roocha Vijay Biwalkar.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at Off.No. 701 7th Floor Atlanta Centre Goregaon East, Mumbai, Maharashtra, India – 400063.
As per the financials filed for FY 2018, the company reported a revenue of ₹27.55 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹2.67 Lakh (net margin 9.7%) and EBITDA of ₹2.87 Lakh (EBITDA margin 10.4%). Revenue has grown at a compounded annual rate (CAGR) of 48% over three years.
As per MCA filings, the company had satisfied charges of ₹42.7 Lakh on record.
The last known website on record is vegasolutions.in.
Company details
Contact details
Vega Office Solutions (India) Private Limited's registered office is in Mumbai, Maharashtra. Its website is vegasolutions.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOff.No. 701 7th Floor Atlanta Centre Goregaon East, Mumbai, Maharashtra, India – 400063
- IndustryConsumer Electronics & Durables, Furniture Manufacturing
To see the full contact details of Vega Office Solutions (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
Financials of Vega Office Solutions (India) Private Limited
FY 2018 filings availableVega Office Solutions (India) Private Limited reported revenue of ₹27.55 Lakh (up 183% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 48% over three years, including 183% growth in the latest year. EBITDA rose 105% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Total Revenue | ||||
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| Total Expenses | ||||
| EBITDA | ₹2.87 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹2.67 Lakh | |||
| Balance Sheet | ||||
| Share Capital | ||||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 10.4% | |||
| Net Profit Margin | 9.7% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
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| Current Ratio | ||||
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| Asset Turnover | ||||
| Receivable Days | ||||
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| Net Profit Growth | ||||
To see the full financial statements and ratios of Vega Office Solutions (India) Private Limited, buy the company report.
Board of directors of Vega Office Solutions (India) Private Limited
Vega Office Solutions (India) has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Roocha Vijay Biwalkar | Additional Director | 01 Jul 2022 | 4 Years 4 Months | As last reported |
| Vijay Raghunath Biwalkar Also directs: Indesine Space Solutions LLP, Indesine Hospitality Solutions LLP | Director | 09 Mar 2005 | 21 Years 7 Months | As last reported |
Peer comparison
Vega Office Solutions (India) Private Limited is compared with the 10 companies closest to it by revenue in the Consumer Durables industry (Furniture), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rawmate International Private Limited | ₹28.15 Lakh (FY 2024) | Jodhpur, Rajasthan, India | ||||
| Tekark Designers and Consultants Private Limited | ₹28.05 Lakh (FY 2024) | -23.0% | Mumbai, Maharashtra, India | |||
| A D Furnitures Private Limited | ₹27.88 Lakh (FY 2024) | 27.0% | Gautam Buddha Nagar, Uttar Pradesh, India | |||
| Zraya Custom Furniture Private Limited | ₹27.68 Lakh (FY 2019) | 118.0% | Bangalore, Karnataka, India | |||
| Blue Star Almirah Private Limited | ₹27.67 Lakh (FY 2020) | Panipat, Haryana, India | ||||
| Vega Office Solutions (India) Private Limitedthis company | ₹27.55 Lakh (FY 2018) | ₹2.67 Lakh | 9.7% | 183.0% | Mumbai, Maharashtra, India | |
| Spasys Solutions Private Limited | ₹27.51 Lakh (FY 2024) | -78.0% | Pune, Maharashtra, India | |||
| Ergoflex (I) Private Limited | ₹27.34 Lakh (FY 2024) | -94.0% | Kolkata, West Bengal, India | |||
| Northstar Fixtures and Furniture Private Limited | ₹27.33 Lakh (FY 2024) | 10.0% | Meerut, Uttar Pradesh, India | |||
| Chavan Furniture Private Limited | ₹27.24 Lakh (FY 2025) | -4.0% | Solapur, Maharashtra, India | |||
| New India Furniture Mall Private Limited | ₹27.22 Lakh (FY 2020) | -91.0% | Udupi, Karnataka, India |
To see the full peer comparison of Vega Office Solutions (India) Private Limited, buy the company report.
Auditor
Vega Office Solutions (India) Private Limited is audited by M M NISSIM & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M M NISSIM & CO | FY 2017 | 107122W |
Shareholding
The shareholding of Vega Office Solutions (India) Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Vega Office Solutions (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jun 2007 | 10059453 | The Shamrao Vithal Co-Operative Bank Ltd. | ₹7.7 Lakh | Satisfied | |
| 10 Jul 2006 | 10010800 | The Shamrao Vithal Co-Operative Bank Limited | ₹35 Lakh | Satisfied |
To see the full charge records of Vega Office Solutions (India) Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Vega Office Solutions (India) 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 Vega Office Solutions (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vega Office Solutions (India) has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Vega Office Solutions (India) Private Limited, buy the company report.
Recent activity
Vega Office Solutions (India) Private Limited has 3 board changes on record since 2005: 2 appointments and 1 cessation. The latest: Moiz Saifuddin Rajkotwala ceased to be Director on 22 Jul 2022.
Frequently asked questions
Vega Office Solutions (India) has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Vega Office Solutions (India) was a private limited company based in Mumbai, Maharashtra, India. The company worked in furniture manufacturing, within the consumer electronics and durables industry. It was incorporated on 09 March 2005 and is registered under CIN U36100MH2005PTC151833. The company has been struck off by the Registrar of Companies and is no longer operational.
Vega Office Solutions (India) had 2 directors:
- Roocha Vijay Biwalkar - Additional Director
- Vijay Raghunath Biwalkar - Director
The CIN (Corporate Identification Number) of Vega Office Solutions (India) is U36100MH2005PTC151833. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Vega Office Solutions (India) is at Off.No. 701 7th Floor Atlanta Centre Goregaon East, Mumbai, Maharashtra, India – 400063.
Vega Office Solutions (India) was incorporated on 09 March 2005. It is registered with the Registrar of Companies, Mumbai.
Vega Office Solutions (India) can be reached through the website vegasolutions.in. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Vega Office Solutions (India) on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
No. Vega Office Solutions (India) has 2 GST registrations on record and all of them are cancelled or inactive.
Vega Office Solutions (India) operated in the consumer electronics and durables industry, in the furniture manufacturing segment. It worked in this industry before it was struck off.
The peers of Vega Office Solutions (India) by revenue are Rawmate International Private Limited, Tekark Designers and Consultants Private Limited, A D Furnitures Private Limited, Zraya Custom Furniture Private Limited, Blue Star Almirah Private Limited and 5 more, all in the Consumer Durables industry (Furniture).
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