Verni Gastech Private Limited

Verni Gastech Private Limited - chemicals and materials in Surat, Gujarat, India. FY 2026 financials & compliance.
CIN U24111GJ2010PTC060726 Incorporated 14 May 2010 ROC Ahmedabad HQ Surat, Gujarat, India
Active Private Limited Company chemicals and materials MSME · Medium
Data last updated
Revenue · FY 2025
₹90.64 Cr
▲ 27% YoY
Net profit · FY 2025
₹3.62 Cr
Net margin 4%
EBITDA · FY 2025
₹10.09 Cr
EBITDA margin 11.1%
Authorised capital
₹7.75 Cr
Registered with MCA
Paid-up capital
₹7.7 Cr
Issued & subscribed
Open charges
₹59.15 Cr
Satisfied ₹9.95 Cr
Company age
16 yrs
Est. 2010
Employees · EPFO
23
Provident fund records

About Verni Gastech Private Limited

Data last updated:

Verni Gastech Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the industrial and specialty gases segment of the chemicals and materials sector. It was incorporated on 14 May 2010 and has been in existence for over 16 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24111GJ2010PTC060726. Its GSTIN is 24AADCV2796E1Z9 (Gujarat).

The company has an authorised share capital of ₹7.75 Cr and a paid-up capital of ₹7.7 Cr. It is led by directors including Arjanbhai Nanjibhai Vaghasia and Dineshbhai Viththalbhai Mendpara.

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 Surat, Gujarat.

As per the financials filed for FY 2025, the company reported a revenue of ₹90.64 Cr, a growth of 27% compared to the previous year. For the same year it recorded a net profit of ₹3.62 Cr (net margin 4%) and EBITDA of ₹10.09 Cr (EBITDA margin 11.1%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 22% over five years.

The company has about 23 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Verni GasTech. As per MCA filings, the company has open charges of ₹59.15 Cr and satisfied charges of ₹9.95 Cr on record.

Verni Gastech Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-06-0003090). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vernigastech.com.

Company details

CIN U24111GJ2010PTC060726
Registration Number 060726
Incorporation Date 14 May 2010
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-06-0003090

Recognitions & Rankings of Verni Gastech

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-GJ-06-0003090

Contact details

Verni Gastech Private Limited's registered office is in Surat, Gujarat. Its website is vernigastech.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    318 3rd Floor Avalon Business Hub, Near Patidar Bhavan Amba Talavadi, Surat, Gujarat, India – 395004
  • Industry
    Chemicals and Materials, Industrial & Specialty Gases

To see the full contact details of Verni Gastech Private Limited, buy the company report.

Comprehensive company report
Verni Gastech 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

Verni Gastech operates one associated brand: Verni GasTech. Each brand links to its own profile.

BrandDescriptionWebsite
Manufacturing and supplying industrial gases, valves, and related services in India.vernigastech.com

Business activity

The main business activity of Verni Gastech is electricity, gas, steam and air condition supply. In detail, this covers manufacture of gas, distribution of gaseous fuels.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
DElectricity, gas, steam and air condition supplyD2Manufacture of gas, distribution of gaseous fuels

To see the full business activity and turnover split of Verni Gastech Private Limited, buy the company report.

Financials of Verni Gastech Private Limited

FY 2025 filings available

Verni Gastech Private Limited reported revenue of ₹90.64 Cr (up 27% YoY) for FY 2025.

Revenue · FY 2025
₹90.64 Cr ▲ 27%
Net profit · FY 2025
₹3.62 Cr margin 4%
EBITDA · FY 2025
₹10.09 Cr margin 11.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 27%
3 years · compounded
▲ 22%
5 years · compounded
▲ 22%
EBITDA CAGR growth
1 year
▲ 23%
3 years · compounded
▲ 25%
5 years · compounded
▲ 15%

Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 27% growth in the latest year. EBITDA rose 23% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹10.09 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹3.62 Cr
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin11.1%
Net Profit Margin4%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
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 Verni Gastech Private Limited, buy the company report.

Board of directors of Verni Gastech Private Limited

Verni Gastech has 7 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Arjanbhai Nanjibhai VaghasiaDirector14 May 201016 Years 5 MonthsCurrent
Dineshbhai Viththalbhai MendparaDirector14 May 201016 Years 5 MonthsCurrent
Bhavesh Parshottambhai VaghasiyaDirector27 Oct 20251 Years 0 MonthsCurrent
Kanubhai Ashwinbhai KakdiyaDirector27 Oct 20251 Years 0 MonthsCurrent
Piyush VaghasiyaDirector27 Oct 20251 Years 0 MonthsCurrent
Krunal Arjanbhai VaghasiaDirector27 Oct 20251 Years 0 MonthsCurrent
Showing 6 of 7 current directors. View all directors

Auditor

Verni Gastech Private Limited is audited by Dholiya and Co for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Dholiya and CoFY 20230134834W

Shareholding

The shareholding of Verni Gastech Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Verni Gastech Private Limited, buy the company report.

Charges & borrowings

Open charges
₹59.15 Cr
Satisfied charges
₹9.95 Cr
Breakdown by lending institutions
Axis Bank Limited₹48.23 Cr
Hdfc Bank Limited₹10.72 Cr
Others₹0.20 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
31 Jul 2025101133361Hdfc Bank Limited₹16 LakhOpen
17 Jul 2025101124456Hdfc Bank Limited₹16 LakhOpen
04 Jun 2025101102801Hdfc Bank Limited₹37.15 LakhOpen
01 May 2025101086759Hdfc Bank Limited₹17.1 LakhOpen
15 Apr 2025101076865Hdfc Bank Limited₹15.96 LakhOpen

To see the full charge records of Verni Gastech Private Limited, buy the company report.

Total charge records: 36 View all charges

MSME payment delays

Verni Gastech Private Limited has 5 MSME Form 1 returns on record between 2019 and 2021, listing 38 overdue payments to 31 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 31)

SupplierAmount dueDue sinceReported on
an individual supplier
an individual supplier
an individual supplier
an individual supplier
Autolink

To see the full MSME payment records of Verni Gastech Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Verni Gastech Private Limited has a workforce of 23 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.

Employee count
23
Active EPFO establishments
1
Employee growth
-8%

GST

Verni Gastech has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AADCV2796E1Z9GujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Verni Gastech Private Limited, buy the company report.

Recent activity

Verni Gastech Private Limited has 7 board changes on record since 2010: 7 appointments. The latest: Bhavesh Parshottambhai Vaghasiya was appointed as Director on 27 Oct 2025.

Appointed
Bhavesh Parshottambhai Vaghasiya was appointed as Director.
Appointed
Kanubhai Ashwinbhai Kakdiya was appointed as Director.
Appointed
Krunal Arjanbhai Vaghasia was appointed as Director.
Appointed
Mihir Dineshbhai Mendpara was appointed as Director.
Appointed
Piyush Vaghasiya was appointed as Director.
AGM
Verni Gastech Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.16 Cr with Charge ID 101133361 was registered on 31 Jul 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.16 Cr with Charge ID 101124456 was registered on 17 Jul 2025.
Charges
A charge with Axis Bank Limited of Rs. 48.23 Cr registered on 16 Aug 2016 with Charge ID 100048707 was modified on 25 Jun 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.37 Cr with Charge ID 101102801 was registered on 04 Jun 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.17 Cr with Charge ID 101086759 was registered on 01 May 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.16 Cr with Charge ID 101076865 was registered on 15 Apr 2025.

37 earlier events are in the company report.

Frequently asked questions

Verni Gastech is an active private limited company based in Surat, Gujarat, India. The company works in industrial and specialty gases, within the chemicals and materials industry. It was incorporated on 14 May 2010 (16+ years old) and is registered under CIN U24111GJ2010PTC060726.

The latest financial statements of Verni Gastech 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.

The GSTIN of Verni Gastech is 24AADCV2796E1Z9, registered in Gujarat.

The CIN (Corporate Identification Number) of Verni Gastech is U24111GJ2010PTC060726. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Verni Gastech was incorporated on 14 May 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Bhavesh Parshottambhai Vaghasiya was appointed as Director on 27 Oct 2025. Kanubhai Ashwinbhai Kakdiya was appointed as Director on 27 Oct 2025. Krunal Arjanbhai Vaghasia was appointed as Director on 27 Oct 2025. Verni Gastech has 7 board changes on record in total.

Yes, Verni Gastech is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-06-0003090).

Verni Gastech has 5 MSME Form 1 returns on record between 2019 and 2021, listing 38 overdue payments to 31 micro and small suppliers. The latest return was filed on 30 Oct 2021.

Verni Gastech can be reached through the website vernigastech.com. Its registered office is in Surat, Gujarat, India.

The registered office of Verni Gastech is at 318 3rd Floor Avalon Business Hub, Near Patidar Bhavan Amba Talavadi, Surat, Gujarat, India – 395004.