- Category
- Medium (2024-25)
- Udyam number
- UDYAM-WB-10-0006817

About Vinar Systems Private Limited
Data last updated:
Vinar Systems Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 29 January 1972 and has been in existence for over 54 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U29192WB1972PTC028222. Its GSTIN is 19AAACV9241R1ZI (West Bengal). The company holds 18 GST registrations, of which 7 are active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.4 Cr. It is led by directors including Sudeep Kumar Lohia (Whole-Time Director) and Sumit Nevatia (Whole-Time Director).
Its last annual general meeting (AGM) was held on 28 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 9C Lord Sinha Road 1st Floor, Kolkata, West Bengal, India – 700071.
As per the financials filed for FY 2025, the company reported a revenue of ₹181.31 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹3.58 Cr (net margin 2%) and EBITDA of ₹6.42 Cr (EBITDA margin 3.5%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 2% over five years.
The company has about 181 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Vinar Systems. As per MCA filings, the company has open charges of ₹54.92 Cr and satisfied charges of ₹8.2 Cr on record. Court records list 50 cases involving the company, including 38 filed by the company and 12 filed against it; 9 cases are pending. The company has 2 deals on record (2 secondary share transfers); the latest was in January 2017. The company has 48 MSME Form 1 returns on record between 2017 and 2024, listing 554 overdue payments to 181 micro and small suppliers.
Vinar Systems Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-10-0006817). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vinar.co.in.
Company details
Recognitions & Rankings of Vinar Systems
Contact details
Vinar Systems Private Limited's registered office is in Kolkata, West Bengal. Its website is vinar.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address9C Lord Sinha Road 1st Floor, Kolkata, West Bengal, India – 700071
- IndustryMachinery and Equipment, Material Handling & Storage Equipment
To see the full contact details of Vinar Systems 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
Vinar Systems operates one associated brand: Vinar Systems. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Material handling, storage systems, and modular furniture services in India. | vinar.co.in |
Business activity
The main business activity of Vinar Systems is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment, metal and metal products and wood and wood products, furniture, paper and paper products. 3 activity segments are registered with the MCA.
| 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 | |
| C | Manufacturing | C7 | Metal and metal products | |
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products |
To see the full business activity and turnover split of Vinar Systems Private Limited, buy the company report.
Financials of Vinar Systems Private Limited
FY 2025 filings availableVinar Systems Private Limited reported revenue of ₹181.31 Cr (up 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 8% growth in the latest year. EBITDA rose 13% 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 | ₹6.42 Cr | ||||
| Profit Before Tax | |||||
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| Net Profit (PAT) | ₹3.58 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 | 3.5% | ||||
| Net Profit Margin | 2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Vinar Systems Private Limited, buy the company report.
Board of directors of Vinar Systems Private Limited
Vinar Systems has 5 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gireesha Guthigappa Halappa Also directs: Wevin Private Limited, Wevin Technology Centre Private Limited | Director | 26 Oct 2022 | 3 Years 11 Months | Current |
| Gautam Nevatia Also directs: Ananya Nevatia Design LLP, Vinar International Private Limited, Wevin Private Limited and 3 more | Director | 01 Oct 2002 | 24 Years 0 Months | Current |
| Sudeep Kumar Lohia Also directs: Vinar International Private Limited, Argo Engineering Systems Private Limited, Pyramid Vyapaar LLP and 3 more | Whole-Time Director | 19 Sep 2015 | 11 Years 1 Months | Current |
| Sumit Nevatia | Whole-Time Director | 19 Sep 2015 | 11 Years 1 Months | Current |
| Vinod Kumar Sagarmal Lohia | Whole-Time Director | 11 Apr 1998 | 28 Years 6 Months | Current |
Auditor
Vinar Systems Private Limited is audited by R.B.S.C. & Co., for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R.B.S.C. & Co., | FY 2023 | 302034E |
Shareholding
The shareholding of Vinar Systems 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 Vinar Systems Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Feb 2025 | 101051313 | Others | ₹78 Lakh | Open | |
| 15 Sep 2021 | 100480965 | Uco Bank | ₹13.7 Lakh | Open | |
| 06 Oct 1994 | 90345516 | Uco Bank | ₹54 Cr | Open | |
| 19 Jun 2020 | 100370397 | Uco Bank | ₹1.2 Cr | Satisfied | |
| 19 Apr 2011 | 10282385 | Uco Bank | ₹7 Cr | Satisfied |
To see the full charge records of Vinar Systems Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Vinar Systems Private Limited has 2 deals on record (2 secondary share transfers); the latest was in January 2017.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Jul 2012 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Vinar International Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Vinar Systems Private Limited has 50 court cases on record: 38 filed by Vinar Systems, 12 filed against it. 9 cases are pending and 41 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 33 | 3 | 5 |
| High courts | 15 | 9 | 4 |
| NCLT | 2 | 0 | 0 |
Cases on record (5 of 50)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Appeal | Filed against the company by M/S. Rsag Logistics India Pvt Ltd. | Pending |
| Madras High Court | Interim or miscellaneous application | Filed against the company by M/S. Rsag Logistics India Pvt Ltd. | Pending |
| High Court, West Bengal | Civil suit | Filed by the company against Rdevis Engineers Pvt Ltd. | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against U.V Hitech Pvt Ltd and 1 other | Pending |
| District court, Central, Delhi | Criminal case | Filed by the company against M/S Globex Solutions Pvt.Ltd | Pending |
To see the full case history of Vinar Systems 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
Vinar Systems Private Limited was last rated by Crisil on 15 Jul 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 15 Jul 2019 |
To see the full credit ratings and regulatory alerts of Vinar Systems Private Limited, buy the company report.
MSME payment delays
Vinar Systems Private Limited has 48 MSME Form 1 returns on record between 2017 and 2024, listing 554 overdue payments to 181 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 181)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Quantum Global Infratech Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Ranihati Construction Private Limited |
To see the full MSME payment records of Vinar Systems Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Vinar Systems has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Somnath Enclave Private Limited | U70101WB1998PTC087985 |
To see the full group structure of Vinar Systems Private Limited, buy the company report.
Employees & EPFO
Vinar Systems Private Limited has a workforce of 181 employees on its EPFO records as of Mar 31, 2024, across 3 active EPFO establishments.
GST
Vinar Systems has 18 GST registrations: 7 active and 11 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAACV9241R1ZI | West Bengal | Active | 01 Jul 2017 |
| 19AAACV9241R2ZH | West Bengal | Active | 01 Apr 2025 |
| 07AAACV9241R1ZN | Delhi | Active | 01 Jul 2017 |
| 08AAACV9241R1ZL | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vinar Systems Private Limited, buy the company report.
Recent activity
Vinar Systems Private Limited has 13 board changes on record since 1998: 5 appointments and 8 cessations. The latest: Gireesha Guthigappa Halappa ceased to be Additional Director on 26 Sep 2023.
12 earlier events are in the company report.
Frequently asked questions
Vinar Systems is an active private limited company based in Kolkata, West Bengal, India. The company works in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 29 January 1972 (54+ years old) and is registered under CIN U29192WB1972PTC028222.
Vinar Systems has 5 current directors:
- Sudeep Kumar Lohia - Whole-Time Director
- Sumit Nevatia - Whole-Time Director
- Vinod Kumar Sagarmal Lohia - Whole-Time Director
- Gireesha Guthigappa Halappa - Director
- Gautam Nevatia - Director
The latest financial statements of Vinar Systems on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 28 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Vinar Systems is 19AAACV9241R1ZI, registered in West Bengal. The company has 18 GST registrations in all, of which 7 are active and 11 are cancelled or inactive. Other active GSTINs include 19AAACV9241R2ZH (West Bengal), 07AAACV9241R1ZN (Delhi), 08AAACV9241R1ZL (Rajasthan).
The CIN (Corporate Identification Number) of Vinar Systems is U29192WB1972PTC028222. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vinar Systems has 50 court cases on record: 38 filed by the company and 12 filed against it. 9 are pending. Most are in the district courts.
Vinar Systems was incorporated on 29 January 1972, making it 54+ years old. It is registered with the Registrar of Companies, Kolkata.
Vinar Systems has 2 deals on record (2 secondary share transfers); the latest was in January 2017.
Gireesha Guthigappa Halappa ceased to be Additional Director on 26 Sep 2023. Gireesha Guthigappa Halappa was appointed as Director on 26 Oct 2022. Prasanta Kumar Chandra ceased to be Whole-Time Director on 31 Aug 2020. Vinar Systems has 13 board changes on record in total.
Yes, Vinar Systems is registered as a medium enterprise under Udyam registration (number: UDYAM-WB-10-0006817).
Vinar Systems has 48 MSME Form 1 returns on record between 2017 and 2024, listing 554 overdue payments to 181 micro and small suppliers. The latest return was filed on 30 Apr 2024.