Vinegar Exports Private Limited
About Vinegar Exports Private Limited
Data last updated:
Vinegar Exports Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 30 March 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U05190KA2005PTC035934. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors Varsha Bhawnani and Devki Bhawnani.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 644 'The Embassy' Apt. 15 Ali Asker Road Bangalore., Karnataka, India – 560052.
As per the financials filed for FY 2022, the company reported a revenue of ₹51.02 Lakh, a growth of 47% compared to the previous year. For the same year it recorded a net profit of ₹13.98 Lakh (net margin 27.4%) and EBITDA of -₹30 Lakh (EBITDA margin -58.8%). Revenue has declined at a compounded annual rate (CAGR) of 39% over three years and 48% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹25 Lakh and satisfied charges of ₹7.82 Cr on record. Court records list 19 cases involving the company, including 4 filed by the company and 15 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Vinegar Exports Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address644 'The Embassy' Apt. 15 Ali Asker Road Bangalore., Karnataka, India – 560052
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Vinegar Exports 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
Business activity
The main business activity of Vinegar Exports is manufacturing. In detail, this covers manufacture of textiles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 13 | Manufacture of textiles |
To see the full business activity and turnover split of Vinegar Exports Private Limited, buy the company report.
Financials of Vinegar Exports Private Limited
FY 2025 filings availableVinegar Exports Private Limited reported revenue of ₹51.02 Lakh (up 47% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 47% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 48%. 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹51.02 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹30 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹13.98 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -58.8% | ||||
| Net Profit Margin | 27.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Quick Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Vinegar Exports Private Limited, buy the company report.
Board of directors of Vinegar Exports Private Limited
Vinegar Exports has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Varsha Bhawnani | Director | 30 Mar 2005 | 21 Years 7 Months | Current |
| Devki Bhawnani | Director | 30 Mar 2005 | 21 Years 7 Months | Current |
Auditor
Vinegar Exports Private Limited is audited by VARUN GOLECHHA & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VARUN GOLECHHA & ASSOCIATES | FY 2022 | 140302W |
Shareholding
The shareholding of Vinegar Exports Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Vinegar Exports Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jun 2015 | 10590617 | Deutsche Bank Ag | ₹3.52 Cr | Satisfied | |
| 09 Aug 2014 | 10540904 | Janalakshmi Financial Services Private Limited | ₹25 Lakh | Satisfied | |
| 27 Mar 2014 | 10494028 | The Ratnakar Bank Limited | ₹3 Cr | Satisfied | |
| 30 Jan 2012 | 10338309 | Indian Bank | ₹1.05 Cr | Satisfied |
To see the full charge records of Vinegar Exports Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Vinegar Exports Private Limited has 19 court cases on record: 4 filed by Vinegar Exports, 15 filed against it. 1 case is pending and 18 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 16 | 14 | 1 |
| High courts | 2 | 1 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Magma Fincorp Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS) | Filed against the company by Texbasket Private Limited Through Mr. Ravvi Mansinghka | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss cases s) | Filed against the company by Neogrowth Credit Pvt Ltd | Disposed |
| District court, Jaipur Metro II, Rajasthan | Criminal case | Filed against the company by India Infoline Finance | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS CASES S) | Filed against the company by an individual | Disposed |
To see the full case history of Vinegar Exports 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 Vinegar Exports Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vinegar Exports has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Vinegar Exports Private Limited, buy the company report.
Recent activity
Vinegar Exports Private Limited has 2 board changes on record since 2005: 2 appointments. The latest: Devki Bhawnani was appointed as Director on 30 Mar 2005.
2 earlier events are in the company report.
Frequently asked questions
Vinegar Exports is an active private limited company based in Bangalore, Karnataka, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 30 March 2005 (21+ years old) and is registered under CIN U05190KA2005PTC035934.
Vinegar Exports has 2 current directors:
- Varsha Bhawnani - Director
- Devki Bhawnani - Director
The latest financial statements of Vinegar Exports on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
No. Vinegar Exports has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Vinegar Exports is U05190KA2005PTC035934. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vinegar Exports has 19 court cases on record: 4 filed by the company and 15 filed against it. 1 is pending. Most are in the district courts.
Vinegar Exports was incorporated on 30 March 2005, making it 21+ years old. It is registered with the Registrar of Companies, Bangalore.
Devki Bhawnani was appointed as Director on 30 Mar 2005. Varsha Bhawnani was appointed as Director on 30 Mar 2005.
The registered office of Vinegar Exports is at 644 The Embassy Apt. 15 Ali Asker Road Bangalore., Karnataka, India – 560052.
Vinegar Exports operates in the manufacturing industry, in the textile and fabric production segment.
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