About Vin Semiconductors Private Limited
Data last updated:
Vin Semiconductors Private Limited is a private limited company based in Mumbai, Maharashtra, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 09 September 2009.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U40109MH2009PTC195643. Its GSTIN is 27AADCV1203C1ZZ (Maharashtra). The company holds 10 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹11.5 Cr and a paid-up capital of ₹7.42 Cr. It is led by directors including Shalaka Pawar Subhash and Prashant Jain (Irp/Rp/Liquidator).
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹4.82 Cr, a decline of 58% compared to the previous year. For the same year it recorded a net loss of ₹9.91 Cr (net margin -205.6%) and EBITDA of -₹9.23 Cr (EBITDA margin -191.4%). Revenue has declined at a compounded annual rate (CAGR) of 45% over three years.
The company has about 33 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: VIN Semiconductors. As per MCA filings, the company has open charges of ₹28.75 Cr and satisfied charges of ₹10.6 Cr on record. Court records list 45 cases involving the company, including 15 filed by the company and 30 filed against it; 18 cases are pending. The company has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹3.46 Cr; the latest was in February 2018.
The last known website on record is vinled.com.
Company details
Contact details
Vin Semiconductors Private Limited's registered office is in Mumbai, Maharashtra. Its website is vinled.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address306/307 Marathon Max Lbs Marg Opp. Nirmal Lifestyle, Mulund (West) India, Mumbai, Maharashtra, India – 400080
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Vin Semiconductors 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
Brands
Vin Semiconductors operates one associated brand: VIN Semiconductors. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| LED lighting and turnkey solutions in the technology sector. | vinled.com |
Business activity
The main business activity of Vin Semiconductors is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Vin Semiconductors Private Limited, buy the company report.
Financials of Vin Semiconductors Private Limited
FY 2023 filings availableVin Semiconductors Private Limited reported revenue of ₹4.82 Cr (down 58% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 45% over three years, including a 58% fall in the latest year. EBITDA rose 8% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹4.82 Cr | ||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | -₹9.23 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹9.91 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -191.4% | ||||
| Net Profit Margin | -205.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Vin Semiconductors Private Limited, buy the company report.
Board of directors of Vin Semiconductors Private Limited
Vin Semiconductors has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shalaka Pawar Subhash | Director | 09 Sep 2009 | 17 Years 1 Months | As last reported |
| Prashant Jain | Irp/Rp/Liquidator | 23 Nov 2023 | 2 Years 11 Months | As last reported |
| Subhash Motilal Pawar Also directs: Sunvin Mamallapuram Glow Garden LLP | Director | 09 Sep 2009 | 17 Years 1 Months | As last reported |
Auditor
Vin Semiconductors Private Limited is audited by A B N J & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A B N J & Co. | FY 2023 | 121677W |
Shareholding
The shareholding of Vin Semiconductors 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Vin Semiconductors Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Nov 2020 | 100391465 | Axis Bank Limited | ₹2 Cr | Open | |
| 01 Sep 2020 | 100371190 | Others | ₹2 Cr | Open | |
| 14 Feb 2017 | 100082043 | Others | ₹10 Cr | Open | |
| 08 Aug 2013 | 10445373 | Axis Bank Limited | ₹14.75 Cr | Open | |
| 10 May 2011 | 10288271 | Indian Bank | ₹8.1 Cr | Satisfied |
To see the full charge records of Vin Semiconductors Private Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Vin Semiconductors Private Limited has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹3.46 Cr; the latest was in February 2018.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jan 2018 | Funding round | ₹1.57 Cr | Investors: an individual |
| Jun 2013 | Funding round | ₹1.5 Cr | Investors: 3 individuals |
| Mar 2010 | Funding round | ₹39 Lakh | Investors: 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Vin Semiconductors Private Limited has 45 court cases on record: 15 filed by Vin Semiconductors, 30 filed against it. 18 cases are pending and 27 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 36 | 24 | 12 |
| High courts | 9 | 6 | 6 |
Cases on record (5 of 45)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North West, Delhi | Court case (CS (COMM.)) | Filed against the company by M/S. Ramakrishna Electro Components Pvt. Ltd. | Pending |
| District court, Calcutta, West Bengal | Court case (CNS) | Filed against the company by Shriram Finance Ltd | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Cases SS) | Filed against the company by HDFC Bank Ltd Through Poa Suraj Narayane | Pending |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed against the company by Moneywise Financial Services Pvt Ltd | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Magma Fincorp Limited | Pending |
To see the full case history of Vin Semiconductors 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.
Credit ratings & regulatory alerts
Vin Semiconductors Private Limited was last rated by Crisil on 23 Sep 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 23 Sep 2020 |
To see the full credit ratings and regulatory alerts of Vin Semiconductors Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Vin Semiconductors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Vin Semiconductors Private Limited has a workforce of 33 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
GST
Vin Semiconductors has 10 GST registrations: 1 active and 9 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCV1203C1ZZ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vin Semiconductors Private Limited, buy the company report.
Recent activity
Vin Semiconductors Private Limited has 3 board changes on record since 2009: 3 appointments. The latest: Prashant Jain was appointed as Irp/Rp/Liquidator on 23 Nov 2023.
8 earlier events are in the company report.
Frequently asked questions
Vin Semiconductors is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Vin Semiconductors is a company under insolvency, formerly operating as a private limited company based in Mumbai, Maharashtra, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 09 September 2009 and is registered under CIN U40109MH2009PTC195643. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Vin Semiconductors has 3 current directors:
- Shalaka Pawar Subhash - Director
- Subhash Motilal Pawar - Director
- Prashant Jain - Irp/Rp/Liquidator
The latest financial statements of Vin Semiconductors on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Vin Semiconductors is U40109MH2009PTC195643. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vin Semiconductors has open charges of ₹28.75 Cr and satisfied charges of ₹10.6 Cr as per latest MCA filings.
Vin Semiconductors has 45 court cases on record: 15 filed by the company and 30 filed against it. 18 are pending. Most are in the district courts.
Vin Semiconductors was incorporated on 09 September 2009. It is registered with the Registrar of Companies, Mumbai.
Vin Semiconductors has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹3.46 Cr; the latest was in February 2018.
Prashant Jain was appointed as Irp/Rp/Liquidator on 23 Nov 2023. Shalaka Pawar Subhash was appointed as Director on 09 Sep 2009. Subhash Motilal Pawar was appointed as Director on 09 Sep 2009.