MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-19-0063670
VGG India Private Limited - transport and logistics in Jogeshwari West, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹6.52 Cr
▼ 21% YoY
Net profit · FY 2025
₹1.03 Cr
Net margin 15.7%
EBITDA · FY 2025
₹1.16 Cr
EBITDA margin 17.8%
Authorised capital
₹1.1 Cr
Registered with MCA
Paid-up capital
₹1.07 Cr
Issued & subscribed
Satisfied charges
₹7.16 Cr
No open charges
Company age
25 yrs
Est. 2001
Employees · EPFO
37
Provident fund records
About VGG India Private Limited
Data last updated:
VGG India Private Limited is a private limited company based in Jogeshwari West, Maharashtra, India, a subsidiary of Bellatrix Ship Management Group Limited. It operates in the shipbuilding and repair services segment of the transport and logistics sector. It was incorporated on 10 April 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U35110MH2001PTC131546. Its GSTIN is 27AABCB5697G1ZF (Maharashtra). The company holds 6 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1.1 Cr and a paid-up capital of ₹1.07 Cr. It was formerly known as Bibby International Services (India) Private Limited and Bibby Ship Management (India) Private Limited. It is led by directors including Venkatesh Varadarajan Gomatam and Ketan Madhusudan Solanki.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Windsor Corporate Park, Jogeshwari West, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.52 Cr, a decline of 21% compared to the previous year. For the same year it recorded a net profit of ₹1.03 Cr (net margin 15.7%) and EBITDA of ₹1.16 Cr (EBITDA margin 17.8%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years and 7% over five years.
The company has about 37 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has satisfied charges of ₹7.16 Cr on record. Court records list 38 cases involving the company, including 6 filed by the company and 32 filed against it; 3 cases are pending.
VGG India Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0063670). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vggindia.com.
Company details
CIN U35110MH2001PTC131546
Registration Number 131546
Incorporation Date 10 April 2001
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Bellatrix Ship Management Group Limited
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-19-0063670
Name history
VGG India has undergone 2 name changes throughout its history. The company was previously known as Bibby International Services (India) Private Limited, and Bibby Ship Management (India) Private Limited. The current legal name is Vgg India Private Limited.
| Company Name | Status |
|---|---|
| VGG India Private Limited | Current |
| Bibby International Services (India) Private Limited | Previous |
| Bibby Ship Management (India) Private Limited | Previous |
Key People
Venkatesh Varadarajan Gomatam Director Ketan Madhusudan Solanki Director Ajay Yadav Director Recognitions & Rankings of VGG India
Contact details
VGG India Private Limited's registered office is in Jogeshwari West, Maharashtra. Its website is vggindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressWindsor Corporate Park 4th Floor Plot B/7 A – Wing, Best Colony Road Mhada Colony, Jogeshwari West, Maharashtra, India – 400102
- IndustryTransport and Logistics, Shipbuilding & Repair Services
To see the full contact details of VGG India Private Limited, buy the company report.
Comprehensive company report
VGG India 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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Secure checkout · GST invoice included
Business activity
The main business activity of VGG India is support service to organizations. In detail, this covers placement agencies and hr management services and travel agency and tour operators. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N2 | Placement agencies and HR management services | |
| N | Support service to Organizations | N3 | Travel agency and tour operators |
To see the full business activity and turnover split of VGG India Private Limited, buy the company report.
Financials of VGG India Private Limited
FY 2025 filings availableVGG India Private Limited reported revenue of ₹6.52 Cr (down 21% YoY) for FY 2025.
Revenue · FY 2025
₹6.52 Cr ▼ 21%
Net profit · FY 2025
₹1.03 Cr margin 15.7%
EBITDA · FY 2025
₹1.16 Cr margin 17.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 21%
3 years · compounded
▼ 14%
5 years · compounded
▼ 7%
EBITDA CAGR growth
1 year
▼ 48%
3 years · compounded
▼ 29%
5 years · compounded
▲ 227%
Revenue has declined at a compounded annual rate (CAGR) of 7% over five years, including a 21% fall in the latest year. EBITDA fell 48% 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 | ₹1.16 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.03 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17.8% | ||||
| Net Profit Margin | 15.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of VGG India Private Limited, buy the company report.
Board of directors of VGG India Private Limited
VGG India has 4 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkatesh Varadarajan Gomatam | Director | 16 Dec 2024 | 1 Years 10 Months | Current |
| Ketan Madhusudan Solanki Also directs: Selandia Crew Management (India) Private Limited, V Ships India Private Limited, V.Holdings Manpower Private Limited and 1 more | Director | 11 Jul 2019 | 7 Years 3 Months | Current |
| Ajay Yadav Also directs: Selandia Crew Management (India) Private Limited, V Ships India Private Limited, V.Holdings Manpower Private Limited and 1 more | Director | 07 Jul 2021 | 5 Years 3 Months | Current |
| Manisha Abhijit Rane Also directs: Selandia Crew Management (India) Private Limited, V Ships India Private Limited, V.Holdings Manpower Private Limited and 1 more | Director | 08 Feb 2022 | 4 Years 8 Months | Current |
Auditor
VGG India Private Limited is audited by Ray&Ray for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ray&Ray | FY 2022 | 301072E |
Shareholding
The shareholding of VGG India Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of VGG India Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹7.16 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Aug 2014 | 10520541 | Citi Bank N.A. | ₹1.63 Cr | Satisfied | |
| 18 Jul 2014 | 10515912 | Citi Bank N.A. | ₹1.63 Cr | Satisfied | |
| 29 Mar 2010 | 10222100 | Axis Bank Limited | ₹3.9 Cr | Satisfied |
To see the full charge records of VGG India Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
VGG India Private Limited has 38 court cases on record: 6 filed by VGG India, 32 filed against it. 3 cases are pending and 35 are disposed.
Total cases
38
Filed by the company
6
Filed against the company
32
Pending
3
Disposed
35
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 26 | 23 | 2 |
| District courts | 12 | 9 | 1 |
Cases on record (5 of 38)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed against the company by individuals | Pending |
| District court, South, Delhi | Civil suit | Filed against the company by an individual | Pending |
| Bombay High Court | Court case (JO) | Filed by the company against PFS Barave, PFS Supplier and PFS Courage, PFS Shipping India Pvt. Ltd. | Pending |
| District court, South, Delhi | Criminal case | Filed against the company by an individual | Disposed |
| Bombay High Court | Court case (COMAS) | Filed against the company | Disposed |
To see the full case history of VGG India 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 VGG India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
VGG India has 1 subsidiary company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Marlins Maritime Training Foundation | U80904MH2012NPL228778 |
To see the full group structure of VGG India Private Limited, buy the company report.
Employees & EPFO
VGG India Private Limited has a workforce of 37 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
37
Active EPFO establishments
1
Employee growth
8.82%
GST
VGG India has 6 GST registrations: 2 active and 4 cancelled or inactive.
Total GSTINs
6
Active
2
Cancelled / inactive
4
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCB5697G1ZF | Maharashtra | Active | 01 Jul 2017 |
| 19AABCB5697G1ZC | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of VGG India Private Limited, buy the company report.
Recent activity
VGG India Private Limited has 20 board changes on record since 2008: 4 appointments and 16 cessations. The latest: Venkatesh Varadarajan Gomatam was appointed as Director on 16 Dec 2024.
AGM
Vgg India Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Filing
Vgg India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Appointed
Venkatesh Varadarajan Gomatam was appointed as Director.
Appointed
Manisha Abhijit Rane was appointed as Director.
Ceased
Mohammad Tarique Khan ceased to be Director.
Ceased
Rajiv Mehrotra ceased to be Director.
Appointed
Ajay Yadav was appointed as Director.
Ceased
Grishma Mukesh Khatri ceased to be Director.
Ceased
Bhavin Dipak Mody ceased to be Director.
Appointed
Ketan Madhusudan Solanki was appointed as Director.
Ceased
Sanjay Kumar Srivastava ceased to be Director.
Ceased
Ketan Madhusudan Solanki ceased to be Director.
18 earlier events are in the company report.
Frequently asked questions
VGG India is an active private limited company based in Jogeshwari West, Maharashtra, India. The company works in shipbuilding and repair services, within the transport and logistics industry. It was incorporated on 10 April 2001 (25+ years old) and is registered under CIN U35110MH2001PTC131546.
VGG India has 4 current directors:
- Venkatesh Varadarajan Gomatam - Director
- Ketan Madhusudan Solanki - Director
- Ajay Yadav - Director
- Manisha Abhijit Rane - Director
The latest financial statements of VGG India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of VGG India is 27AABCB5697G1ZF, registered in Maharashtra. The company has 6 GST registrations in all, of which 2 are active and 4 are cancelled or inactive. Other active GSTINs include 19AABCB5697G1ZC (West Bengal).
The CIN (Corporate Identification Number) of VGG India is U35110MH2001PTC131546. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
VGG India has 38 court cases on record: 6 filed by the company and 32 filed against it. 3 are pending. Most are in the high courts.
VGG India was incorporated on 10 April 2001, making it 25+ years old. It is registered with the Registrar of Companies, Mumbai.
Venkatesh Varadarajan Gomatam was appointed as Director on 16 Dec 2024. Manisha Abhijit Rane was appointed as Director on 08 Feb 2022. Mohammad Tarique Khan ceased to be Director on 08 Feb 2022. VGG India has 20 board changes on record in total.
Yes, VGG India is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0063670).
VGG India can be reached through the website vggindia.com. Its registered office is in Jogeshwari West, Maharashtra, India.