Vega Springs Private Limited
About Vega Springs Private Limited
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Vega Springs Private Limited is a private limited company based in Mangalore, Karnataka, India. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 29 November 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29299KA1990PTC011428. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹8 Lakh. It is led by directors Vinayakumar Dharmasthala (Managing Director) and Mangalore Jeethesh.
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 #5 – 3 – 65 Veera Kuteera Nehru Avenue Cross Road Ballalbagh, Mangalore, Karnataka, India – 575003.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.5 Lakh, a decline of 11% compared to the previous year. For the same year it recorded a net loss of ₹10,000 (net margin -4%) and EBITDA of -₹10,000 (EBITDA margin -4%). Revenue has grown at a compounded annual rate (CAGR) of 3% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹3,700 and satisfied charges of ₹3,700 on record. Court records list 5 cases involving the company, including 5 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Vega Springs Private Limited's registered office is in Mangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address#5 – 3 – 65 Veera Kuteera Nehru Avenue Cross Road Ballalbagh, Mangalore, Karnataka, India – 575003
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Vega Springs 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 Springs Private Limited
FY 2025 filings availableVega Springs Private Limited reported revenue of ₹2.5 Lakh (down 11% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 11% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA rose 7% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹10,000 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹10,000 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -4% | ||||
| Net Profit Margin | -4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Vega Springs Private Limited, buy the company report.
Board of directors of Vega Springs Private Limited
Vega Springs has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mangalore Jeethesh Also directs: Vega Springs LLP | Director | 18 Mar 2015 | 11 Years 7 Months | Current |
| Vinayakumar Dharmasthala Also directs: Vega Springs LLP | Managing Director | 29 Nov 1990 | 35 Years 11 Months | Current |
Peer comparison
Vega Springs Private Limited is compared with the 10 companies closest to it by revenue in the Automobiles industry (Auto Ancillary, Springs), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Parjanya Automotives Private Limited | ₹2.55 Lakh (FY 2022) | Kishangarh, Rajasthan, India | ||||
| Ahura Engineering Bombay Pvt Ltd | ₹2.55 Lakh (FY 2025) | 10.0% | Mumbai, Maharashtra, India | |||
| Innoventive Autoway Industries Private Limited | ₹2.53 Lakh (FY 2019) | Gurgaon, Haryana, India | ||||
| Kusum Foundry & Metal Works Pvt Ltd | ₹2.52 Lakh (FY 2025) | 320.0% | Gwalior, Madhya Pradesh, India | |||
| Thirumazhisai Industrial Estate Manufacturers Association | ₹2.5 Lakh (FY 2024) | 3556.0% | Chennai, Tamil Nadu, India | |||
| Vega Springs Private Limitedthis company | ₹2.5 Lakh (FY 2025) | -₹10,000 | -4% | -11.0% | 1 | Mangalore, Karnataka, India |
| Sai7 Ventures Private Limited | ₹2.49 Lakh (FY 2025) | -58.0% | Pune, Maharashtra, India | |||
| Veanco Automotives Private Limited | ₹2.47 Lakh (FY 2022) | -94.0% | Satara, Maharashtra, India | |||
| R V Dharam Kiran Private Limited | ₹2.45 Lakh (FY 2025) | 11.0% | Haryana, India | |||
| Kalshetty Automotive Designs and Engineering Solutions Private Limited | ₹2.43 Lakh (FY 2024) | Solapur, Maharashtra, India | ||||
| Modulus Springs Private Limited | ₹2.41 Lakh (FY 2024) | -74.0% | Himachal Pradesh, India |
To see the full peer comparison of Vega Springs Private Limited, buy the company report.
Shareholding
The shareholding of Vega Springs 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 Vega Springs Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Jun 1994 | 80017568 | Canara Bank | ₹3,700 | Satisfied |
To see the full charge records of Vega Springs Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Vega Springs Private Limited has 5 court cases on record: 5 filed by Vega Springs. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 0 |
| High courts | 2 | 0 | 0 |
Cases on record (4 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, DAKSHINA KANNADA, Karnataka | Court case (I.C.) | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Execution petition | Filed by the company against an individual | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against State of Karnataka | Disposed |
| District court, DAVANGERE, Karnataka | Execution petition | Filed by the company against individuals | Disposed |
To see the full case history of Vega Springs 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 Vega Springs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Vega Springs Private Limited has a workforce of 1 employees on its EPFO records as of Jan 2019.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2018-19 | 1 |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Vega Springs Private Limited, buy the company report.
GST
Vega Springs has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Vega Springs Private Limited, buy the company report.
Recent activity
Vega Springs Private Limited has 5 board changes on record since 1990: 2 appointments and 3 cessations. The latest: Dharmasthala Prasanna ceased to be Director on 02 Oct 2020.
Frequently asked questions
Vega Springs is an active private limited company based in Mangalore, Karnataka, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 29 November 1990 (36+ years old) and is registered under CIN U29299KA1990PTC011428.
Vega Springs has 2 current directors:
- Vinayakumar Dharmasthala - Managing Director
- Mangalore Jeethesh - Director
The latest financial statements of Vega Springs 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 2015 are in the company report.
No. Vega Springs has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Vega Springs is U29299KA1990PTC011428. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vega Springs has 5 court cases on record: 5 filed by the company. Most are in the district courts.
Vega Springs was incorporated on 29 November 1990, making it 36+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Vega Springs by revenue are Parjanya Automotives Private Limited, Ahura Engineering Bombay Pvt Ltd, Innoventive Autoway Industries Private Limited, Kusum Foundry & Metal Works Pvt Ltd, Thirumazhisai Industrial Estate Manufacturers Association and 5 more, all in the Automobiles industry (Auto Ancillary, Springs).
Dharmasthala Prasanna ceased to be Director on 02 Oct 2020. Dharmasthala Mahaveer ceased to be Director on 18 Mar 2019. Mangalore Jeethesh ceased to be Additional Director on 10 Sep 2015. Vega Springs has 5 board changes on record in total.
The registered office of Vega Springs is at #5 – 3 – 65 Veera Kuteera Nehru Avenue Cross Road Ballalbagh, Mangalore, Karnataka, India – 575003.
Vega Springs operates in the automotive industry, in the auto parts and components segment.
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