
Victory Gears Pvt Ltd
About Victory Gears Pvt Ltd
Data last updated:
Victory Gears Pvt Ltd is a private limited company based in Borivlai East, Maharashtra, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 06 September 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29130MH1991PTC063184. Its GSTIN is 27AAACV1298E1ZB (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Jayantilal Umashankar Chavji (Whole-Time Director) and Nehal Jayantilal Chavji.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Borivlai East, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.03 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹12.3 Lakh (net margin 11.9%) and EBITDA of ₹21.43 Lakh (EBITDA margin 20.7%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 4% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Victory Gears Pvt Ltd's registered office is in Borivlai East, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressA 2004 Oberoi Sky City Dattapada Road, Behind Sky City Mall, Borivlai East, Maharashtra, India – 400066
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Victory Gears Pvt Ltd, 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
Business activity
The main business activity of Victory Gears is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Victory Gears Pvt Ltd, buy the company report.
Financials of Victory Gears Pvt Ltd
FY 2024 filings availableVictory Gears Pvt Ltd reported revenue of ₹1.03 Cr (down 4% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 4% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA rose 6% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹21.43 Lakh | ||||
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| Net Profit (PAT) | ₹12.3 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 20.7% | ||||
| Net Profit Margin | 11.9% | ||||
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To see the full financial statements and ratios of Victory Gears Pvt Ltd, buy the company report.
Board of directors of Victory Gears Pvt Ltd
Victory Gears has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nehal Jayantilal Chavji Also directs: Monarch Studios Private Limited, Infinity Bliss LLP, Infinite Happiness Bliss 2 LLP and 2 more | Director | 10 Aug 2006 | 20 Years 2 Months | Current |
| Suruchi Sejalkumar Naik | Director | 10 Oct 2006 | 20 Years 0 Months | Current |
| Dharmishta Jayantilal Chavji | Director | 10 Aug 2002 | 24 Years 2 Months | Current |
| Jayantilal Umashankar Chavji Also directs: Monarch Studios Private Limited | Whole-Time Director | 10 Aug 2002 | 24 Years 2 Months | Current |
Peer comparison
Victory Gears Pvt Ltd is compared with the 3 companies closest to it by revenue in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Alliance Components and Devices Private Limited | ₹1.03 Cr (FY 2025) | 19.0% | New Delhi, Delhi, India | |||
| Victory Gears Pvt Ltdthis company | ₹1.03 Cr (FY 2024) | ₹12.3 Lakh | 11.9% | -4.0% | Borivlai East, Maharashtra, India | |
| Sawadia Developers Private Limited | ₹1.03 Cr (FY 2025) | 69.0% | Raipur, Chhattisgarh, India | |||
| Sneh Fincom Private Limited | ₹1.03 Cr (FY 2025) | 4459.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Victory Gears Pvt Ltd, buy the company report.
Auditor
Victory Gears Pvt Ltd is audited by T M CHAVJI & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| T M CHAVJI & CO | FY 2017 | 117773W |
Shareholding
The shareholding of Victory Gears Pvt Ltd is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Victory Gears Pvt Ltd, buy the company report.
Legal cases
No court or tribunal cases involving Victory Gears Pvt Ltd 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 Victory Gears Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Victory Gears has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACV1298E1ZB | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Victory Gears Pvt Ltd, buy the company report.
Recent activity
Victory Gears Pvt Ltd has 4 board changes on record since 2002: 4 appointments. The latest: Suruchi Sejalkumar Naik was appointed as Director on 10 Oct 2006.
Frequently asked questions
Victory Gears is an active private limited company based in Borivlai East, Maharashtra, India. The company works in real estate financing, within the financial services industry. It was incorporated on 06 September 1991 (35+ years old) and is registered under CIN U29130MH1991PTC063184.
Victory Gears has 4 current directors:
- Jayantilal Umashankar Chavji - Whole-Time Director
- Nehal Jayantilal Chavji - Director
- Suruchi Sejalkumar Naik - Director
- Dharmishta Jayantilal Chavji - Director
The latest financial statements of Victory Gears on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Victory Gears is 27AAACV1298E1ZB, registered in Maharashtra.
The CIN (Corporate Identification Number) of Victory Gears is U29130MH1991PTC063184. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Victory Gears was incorporated on 06 September 1991, making it 35+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Victory Gears by revenue are Alliance Components and Devices Private Limited, Sawadia Developers Private Limited, Sneh Fincom Private Limited, all in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property).
Suruchi Sejalkumar Naik was appointed as Director on 10 Oct 2006. Nehal Jayantilal Chavji was appointed as Director on 10 Aug 2006. Dharmishta Jayantilal Chavji was appointed as Director on 10 Aug 2002. Victory Gears has 4 board changes on record in total.
The registered office of Victory Gears is at A 2004 Oberoi Sky City Dattapada Road, Behind Sky City Mall, Borivlai East, Maharashtra, India – 400066.
Victory Gears operates in the financial services industry, in the real estate financing segment.
The compliance status of Victory Gears is compliant as of 21 August 2026. The company is actively filing with the Registrar of Companies.

