- Category
- Small (2023-24)
- Udyam number
- UDYAM-UP-56-0010166

About Vinex Enterprises Private Limited
Data last updated:
Vinex Enterprises Private Limited is a private limited company based in Meerut, Uttar Pradesh, India. It operates in the sports equipment manufacturing segment of the consumer goods sector. It was incorporated on 09 January 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U36920UP2003PTC027188. Its GSTIN is 09AABCV6381M1ZP (Uttar Pradesh). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors including Shekhar Bhalla and Monica Bhalla.
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 C – 35 Udyogpuram Industrial Estate Partapur, Meerut, Uttar Pradesh, India – 250103.
As per the financials filed for FY 2024, the company reported a revenue of ₹48.21 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹4.59 Cr (net margin 9.5%) and EBITDA of ₹6.9 Cr (EBITDA margin 14.3%). Revenue has grown at a compounded annual rate (CAGR) of 72% over three years and 25% over five years.
The company has about 92 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹17.5 Cr and satisfied charges of ₹29.63 Cr on record. Court records list 49 cases involving the company, including 47 filed by the company and 2 filed against it; 17 cases are pending.
Vinex Enterprises Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-56-0010166). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vinex.in.
Company details
Recognitions & Rankings of Vinex Enterprises
Contact details
Vinex Enterprises Private Limited's registered office is in Meerut, Uttar Pradesh. Its website is vinex.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressC – 35 Udyogpuram Industrial Estate Partapur, Meerut, Uttar Pradesh, India – 250103
- IndustryConsumer Goods, Sports Equipment Manufacturing
To see the full contact details of Vinex Enterprises 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 Vinex Enterprises is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Vinex Enterprises Private Limited, buy the company report.
Financials of Vinex Enterprises Private Limited
FY 2024 filings availableVinex Enterprises Private Limited reported revenue of ₹48.21 Cr (up 154% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 25% over five years, including 154% growth in the latest year. EBITDA rose 444% 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 | ₹6.9 Cr | ||||
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| Net Profit (PAT) | ₹4.59 Cr | ||||
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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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| Profitability | |||||
| EBITDA Margin | 14.3% | ||||
| Net Profit Margin | 9.5% | ||||
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To see the full financial statements and ratios of Vinex Enterprises Private Limited, buy the company report.
Board of directors of Vinex Enterprises Private Limited
Vinex Enterprises has 7 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shekhar Bhalla | Director | 09 Jan 2003 | 23 Years 9 Months | Current |
| Monica Bhalla | Director | 09 Jan 2003 | 23 Years 9 Months | Current |
| Ashok Bhalla Chand | Director | 09 Jan 2003 | 23 Years 9 Months | Current |
| Anurag Bhalla | Director | 09 Jan 2003 | 23 Years 9 Months | Current |
| Ashutosh Bhalla | Director | 09 Jan 2003 | 23 Years 9 Months | Current |
| Neetu Bhalla | Director | 09 Jan 2003 | 23 Years 9 Months | Current |
Peer comparison
Vinex Enterprises Private Limited is compared with the 6 companies closest to it by revenue in the Consumer Products industry (Sports Equipment Manufacturers), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Worldwide Cricket Company Private Limited | ₹70.31 Cr (FY 2025) | 9.0% | Jalandhar, Punjab, India | |||
| Em Cee Cee Sports Agencies Pvt Ltd | ₹67.9 Cr (FY 2025) | -2.0% | Punjab, India | |||
| Yonex India Private Limited | ₹55.91 Cr (FY 2025) | 76.0% | Bangalore, Karnataka, India | |||
| Vinex Enterprises Private Limitedthis company | ₹48.21 Cr (FY 2024) | ₹4.59 Cr | 9.5% | 154.0% | 92 | Meerut, Uttar Pradesh, India |
| Bhalla Sports Private Limited | ₹47.31 Cr (FY 2025) | 12.0% | Meerut, Uttar Pradesh, India | |||
| Precihole Sports Private Limited | ₹44.77 Cr (FY 2024) | 16.0% | Thane, Maharashtra, India | |||
| Kohli Sports Private Limited | ₹42.57 Cr (FY 2024) | 27.0% | Punajb, Punjab, India |
To see the full peer comparison of Vinex Enterprises Private Limited, buy the company report.
Auditor
Vinex Enterprises Private Limited is audited by AMIT JAIN & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AMIT JAIN & ASSOCIATES | FY 2023 | 005198C |
Shareholding
The shareholding of Vinex Enterprises 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 Vinex Enterprises Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Feb 2020 | 100335742 | Others | ₹17.5 Cr | Open | |
| 08 Jul 2013 | 10443567 | State Bank of India | ₹14.12 Cr | Satisfied | |
| 08 Jul 2013 | 10443571 | State Bank of India | ₹10.61 Cr | Satisfied | |
| 22 Sep 2006 | 10024214 | State Bank of India | ₹4.9 Cr | Satisfied |
To see the full charge records of Vinex Enterprises Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Vinex Enterprises Private Limited has 49 court cases on record: 47 filed by Vinex Enterprises, 2 filed against it. 17 cases are pending and 32 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 43 | 2 | 17 |
| High courts | 6 | 0 | 0 |
Cases on record (5 of 49)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Interim or miscellaneous application | Filed by the company against The Government of Tamil Nadu | Disposed |
| Madras High Court | Writ petition | Filed by the company against The Government of Tamil Nadu | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against Mafatlal Industries Ltd. and 3 others | Disposed |
| District court, Meerut, Uttar Pradesh | Criminal miscellaneous application | Filed by the company against an individual | Pending |
| District court, Meerut, Uttar Pradesh | Criminal case | Filed by the company against an individual | Pending |
To see the full case history of Vinex Enterprises 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 Vinex Enterprises Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Vinex Enterprises Private Limited has a workforce of 92 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Vinex Enterprises has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AABCV6381M1ZP | Uttar Pradesh | Active | 01 Jul 2017 |
| 23AABCV6381M1ZZ | Madhya Pradesh | Active | 02 Nov 2023 |
| 07AABCV6381M1ZT | Delhi | Active | 21 May 2025 |
To see the full GST registrations and return filing status of Vinex Enterprises Private Limited, buy the company report.
Recent activity
Vinex Enterprises Private Limited has 8 board changes on record since 2003: 7 appointments and 1 cessation. The latest: Rakesh Chand Bhalla ceased to be Director on 09 Sep 2008.
8 earlier events are in the company report.
Frequently asked questions
Vinex Enterprises is an active private limited company based in Meerut, Uttar Pradesh, India. The company works in sports equipment manufacturing, within the consumer goods industry. It was incorporated on 09 January 2003 (23+ years old) and is registered under CIN U36920UP2003PTC027188.
Vinex Enterprises has 7 current directors:
- Shekhar Bhalla - Director
- Monica Bhalla - Director
- Ashok Bhalla Chand - Director
- Anurag Bhalla - Director
- Ashutosh Bhalla - Director
- Neetu Bhalla - Director
- Sanjay Bhalla - Director
The latest financial statements of Vinex Enterprises 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 Vinex Enterprises is 09AABCV6381M1ZP, registered in Uttar Pradesh. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 23AABCV6381M1ZZ (Madhya Pradesh), 07AABCV6381M1ZT (Delhi).
The CIN (Corporate Identification Number) of Vinex Enterprises is U36920UP2003PTC027188. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vinex Enterprises has 49 court cases on record: 47 filed by the company and 2 filed against it. 17 are pending. Most are in the district courts.
Vinex Enterprises was incorporated on 09 January 2003, making it 23+ years old. It is registered with the Registrar of Companies, Kanpur.
The peers of Vinex Enterprises by revenue are Worldwide Cricket Company Private Limited, Em Cee Cee Sports Agencies Pvt Ltd, Yonex India Private Limited, Bhalla Sports Private Limited, Precihole Sports Private Limited and 1 more, all in the Consumer Products industry (Sports Equipment Manufacturers), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).
Rakesh Chand Bhalla ceased to be Director on 09 Sep 2008. Anurag Bhalla was appointed as Director on 09 Jan 2003. Ashok Bhalla Chand was appointed as Director on 09 Jan 2003. Vinex Enterprises has 8 board changes on record in total.
Yes, Vinex Enterprises is registered as a small enterprise under Udyam registration (number: UDYAM-UP-56-0010166).
Vinex Enterprises can be reached through the website vinex.in. Its registered office is in Meerut, Uttar Pradesh, India.