VG Electronics Limited
About VG Electronics Limited
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VG Electronics Limited is a public limited company based in Haridwar, Uttarakhand, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 15 October 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Uttarakhand, under CIN U31909UR2020PLC011634. Its GSTIN is 05AAHCV6692D1Z4 (Uttarakhand). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹16 Cr and a paid-up capital of ₹11.44 Cr. It is led by directors including Vikas Gupta (Managing Director) and Gaurav Goel.
Its last annual general meeting (AGM) was held on 28 August 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No.96 Sector – 7 Sidcul, Haridwar, Uttarakhand, India – 249403.
As per the financials filed for FY 2024, the company reported a revenue of ₹51.66 Cr, a decline of 20% compared to the previous year. For the same year it recorded a net profit of ₹3.65 Cr (net margin 7.1%) and EBITDA of ₹7.07 Cr (EBITDA margin 13.7%).
The company has about 19 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹12 Cr and satisfied charges of ₹14 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
VG Electronics has one previous CIN (Corporate Identification Number): U31909UR2020PTC011634. The current CIN is U31909UR2020PLC011634, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U31909UR2020PLC011634 | Current |
| U31909UR2020PTC011634 | Previous |
Contact details
VG Electronics Limited's registered office is in Haridwar, Uttarakhand.
- Registered AddressPlot No.96 Sector – 7 Sidcul, Haridwar, Uttarakhand, India – 249403
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
- 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 VG Electronics is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of VG Electronics Limited, buy the company report.
Financials of VG Electronics Limited
FY 2024 filings availableVG Electronics Limited reported revenue of ₹51.66 Cr (down 20% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 20% in the latest year. EBITDA rose 16% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
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| Depreciation and Amortisation | ||||
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| Total Expenses | ||||
| EBITDA | ₹7.07 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹3.65 Cr | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
| Trade Payables | ||||
| Total Liabilities | ||||
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| Investments | ||||
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| Trade Receivables | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 13.7% | |||
| Net Profit Margin | 7.1% | |||
| 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 VG Electronics Limited, buy the company report.
Board of directors of VG Electronics Limited
VG Electronics has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gaurav Goel Also directs: Urostar Electricals India Private Limited | Director | 15 Oct 2020 | 6 Years 0 Months | Current |
| Deepa Garg Also directs: Julien Agro Infratech Limited, Aviva Industries Limited, Kaizen Agro Infrabuild Limited and 2 more | Director | 14 Feb 2025 | 1 Years 8 Months | Current |
| Vikas Gupta | Managing Director | 15 Oct 2020 | 6 Years 0 Months | Current |
Peer comparison
VG Electronics Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Servilink Systems Limited | ₹51.73 Cr (FY 2024) | 5.0% | Vadodara, Gujarat, India | |||
| Edscha Aditya Automotive Systems Private Limited | ₹51.73 Cr (FY 2025) | 18.0% | Chakan, Maharashtra, India | |||
| Atc Energies System Limited | ₹51.7 Cr (FY 2025) | 0.0% | Mumbai, Maharashtra, India | |||
| A V Automation Private Limited | ₹51.69 Cr (FY 2025) | 60.0% | Gurugarm, Haryana, India | |||
| Offshore Manufacturing Private Limited | ₹51.67 Cr (FY 2025) | 2.0% | Aurangabad, Maharashtra, India | |||
| VG Electronics Limitedthis company | ₹51.66 Cr (FY 2024) | ₹3.65 Cr | 7.1% | -20.0% | Haridwar, Uttarakhand, India | |
| Electro Zavod(India)Pvt Ltd | ₹51.65 Cr (FY 2024) | 38.0% | Kolkata, West Bengal, India | |||
| Hiteco Tool Management Services India Private Limited | ₹51.63 Cr (FY 2025) | 7.0% | Chennai, Tamil Nadu, India | |||
| Wintech Equipments Private Limited | ₹51.55 Cr (FY 2016) | -33.0% | Gurgaon, Haryana, India | |||
| Jaganlite India Private Limited | ₹51.49 Cr (FY 2025) | 208.0% | Lucknow, Uttar Pradesh, India |
To see the full peer comparison of VG Electronics Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Aug 2021 | 100510612 | Others | ₹12 Cr | Open | |
| 30 Jun 2023 | 100748644 | The Hongkong and Shanghai Banking Corporation Limited | ₹12 Cr | Satisfied | |
| 07 Nov 2022 | 100643164 | Others | ₹2 Cr | Satisfied |
To see the full charge records of VG Electronics Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
VG Electronics Limited has 3 court cases on record: 2 filed by VG Electronics, 1 filed against it. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 1 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gautam Buddha Nagar, Uttar Pradesh | Interim or miscellaneous application | Filed by the company against Icici Bank Ltd | Disposed |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal case | Filed against the company by State of U.P. | Pending |
| District court, Haridwar, Uttarakhand | Court case (Original Civil Suits) | Filed by the company against Industrial Credit and Investment Corporation of India Bank Ltd. | Disposed |
To see the full case history of VG Electronics 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
VG Electronics Limited has 5 MSME Form 1 returns on record between 2021 and 2024, listing 28 overdue payments to 19 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 19)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Gee Pee Mica Enterprises, New Delhi | |||
| an individual supplier | |||
| an individual supplier | |||
| Jailaxmi Enterprises Private Limited | |||
| an individual supplier |
To see the full MSME payment records of VG Electronics Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
VG Electronics has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 05AAHCV6692D1Z4 | Uttarakhand | Active | 03 Nov 2020 |
To see the full GST registrations and return filing status of VG Electronics Limited, buy the company report.
Recent activity
VG Electronics Limited has 9 board changes on record since 2020: 3 appointments and 6 cessations. The latest: Anupma Kashyap ceased to be Director on 29 Jul 2025.
6 earlier events are in the company report.
Frequently asked questions
VG Electronics is an active public limited company based in Haridwar, Uttarakhand, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 15 October 2020 (6+ years old) and is registered under CIN U31909UR2020PLC011634.
VG Electronics has 3 current directors:
- Vikas Gupta - Managing Director
- Gaurav Goel - Director
- Deepa Garg - Director
The latest financial statements of VG Electronics on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 28 August 2024. Year-wise statements from FY 2021 are in the company report.
The GSTIN of VG Electronics is 05AAHCV6692D1Z4, registered in Uttarakhand. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of VG Electronics is U31909UR2020PLC011634. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
VG Electronics has 3 court cases on record: 2 filed by the company and 1 filed against it. 1 is pending.
VG Electronics was incorporated on 15 October 2020, making it 6+ years old. It is registered with the Registrar of Companies, Uttarakhand.
The peers of VG Electronics by revenue are Servilink Systems Limited, Edscha Aditya Automotive Systems Private Limited, Atc Energies System Limited, A V Automation Private Limited, Offshore Manufacturing Private Limited and 4 more, all in the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Anupma Kashyap ceased to be Director on 29 Jul 2025. Saurabh ceased to be Director on 29 Jul 2025. Deepa Garg was appointed as Director on 14 Feb 2025. VG Electronics has 9 board changes on record in total.
VG Electronics has 5 MSME Form 1 returns on record between 2021 and 2024, listing 28 overdue payments to 19 micro and small suppliers. The latest return was filed on 24 Apr 2024.
The registered office of VG Electronics is at Plot No.96 Sector – 7 Sidcul, Haridwar, Uttarakhand, India – 249403.
VG Electronics operates in the consumer electronics and durables industry, in the electronics manufacturing segment.
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