MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-TN-02-0000146
Vinitha Associates Ltd
Vinitha Associates Ltd - financial services in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹4.77 Lakh
▼ 84% YoY
Net profit · FY 2024
₹47,429
Net margin 9.9%
EBITDA · FY 2024
₹47,464
EBITDA margin 9.9%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹27.53 Cr
Secured borrowings
Company age
33 yrs
Est. 1993
Directors on board
4
As per MCA filings
About Vinitha Associates Ltd
Data last updated:
Vinitha Associates Ltd is a public limited company based in Chennai, Tamil Nadu, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 28 April 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U67120TN1993PLC024944. Its GSTIN is 33AACCV1233H1ZR (Tamil Nadu).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Sunilkumar Bafna Ratanchand and Sumerchand Bafna Vipinkumar.
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 3 Cenetop Road Ist Lanemadras 600018 Madras 600018, Chennai, Tamil Nadu, India – 600018.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.77 Lakh, a decline of 84% compared to the previous year. For the same year it recorded a net profit of ₹47,429 (net margin 9.9%) and EBITDA of ₹47,464 (EBITDA margin 9.9%). Revenue has declined at a compounded annual rate (CAGR) of 38% over three years and 4% over five years.
As per MCA filings, the company has open charges of ₹27.53 Cr on record. Court records list 145 cases involving the company, including 102 filed by the company and 43 filed against it; 33 cases are pending.
Vinitha Associates Ltd is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0000146). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U67120TN1993PLC024944
Registration Number 024944
Incorporation Date 28 April 1993
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-TN-02-0000146
Key People
Sunilkumar Bafna Ratanchand Director Sumerchand Bafna Vipinkumar Director Ratanchand Sumerchand Bafna Director Recognitions & Rankings of Vinitha Associates
Contact details
Vinitha Associates Ltd's registered office is in Chennai, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered Address3 Cenetop Road Ist Lanemadras 600018 Madras 600018, Chennai, Tamil Nadu, India – 600018
- IndustryFinancial Services, NBFC
To see the full contact details of Vinitha Associates Ltd, buy the company report.
Comprehensive company report
Vinitha Associates Ltd - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Vinitha Associates is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Vinitha Associates Ltd, buy the company report.
Financials of Vinitha Associates Ltd
FY 2025 filings availableVinitha Associates Ltd reported revenue of ₹4.77 Lakh (down 84% YoY) for FY 2024.
Revenue · FY 2024
₹4.77 Lakh ▼ 84%
Net profit · FY 2024
₹47,429 margin 9.9%
EBITDA · FY 2024
₹47,464 margin 9.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 84%
3 years · compounded
▼ 38%
5 years · compounded
▼ 4%
EBITDA CAGR growth
1 year
▼ 97%
3 years · compounded
▼ 70%
5 years · compounded
▲ 63%
Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 84% fall in the latest year. EBITDA fell 97% 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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| Total Expenses | |||||
| EBITDA | ₹47,464 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹47,429 | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.9% | ||||
| Net Profit Margin | 9.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Vinitha Associates Ltd, buy the company report.
Board of directors of Vinitha Associates Ltd
Vinitha Associates has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunilkumar Bafna Ratanchand | Director | 28 Apr 1993 | 33 Years 5 Months | Current |
| Sumerchand Bafna Vipinkumar | Director | 12 Apr 2012 | 14 Years 6 Months | Current |
| Ratanchand Sumerchand Bafna | Director | 28 Apr 1993 | 33 Years 5 Months | Current |
| Sunilkumar Vinesh Bafna Also directs: Shoppers Spot (Chennai) Limited | Director | 24 Feb 2025 | 1 Years 8 Months | Current |
Auditor
Vinitha Associates Ltd is audited by SUNIL SETHIA & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUNIL SETHIA & ASSOCIATES | FY 2021 | 008121S |
Shareholding
The shareholding of Vinitha Associates Ltd is on record for 4 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 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Vinitha Associates Ltd, buy the company report.
Charges & borrowings
Open charges
₹27.53 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Mar 2020 | 100337510 | Others | ₹27.43 Cr | Open | |
| 22 Jul 1996 | 90300629 | City Union Bank Ltd | ₹10 Lakh | Open |
To see the full charge records of Vinitha Associates Ltd, buy the company report.
Total charge records: 2 View all charges
Legal cases
Vinitha Associates Ltd has 145 court cases on record: 102 filed by Vinitha Associates, 43 filed against it. 33 cases are pending and 112 are disposed.
Total cases
145
Filed by the company
102
Filed against the company
43
Pending
33
Disposed
112
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 79 | 4 | 24 |
| High courts | 61 | 38 | 9 |
| Supreme Court | 5 | 1 | 0 |
Cases on record (5 of 145)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Court case (CRL OP) | Filed against the company by Carrieall Car Private Limited | Pending |
| Madras High Court | Appeal | Filed against the company by Mahalaxmi Inn Pvt Ltd | Pending |
| High Court, TAMIL NADU | Court case (C.S(COMM DIV)) | Filed against the company by Mahalaxmi Inn Pvt Ltd | Pending |
| District court, Chennai, Tamil Nadu | Criminal miscellaneous application | Filed by the company against Market Creators Limited and Others | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed against the company by The City Union Bank Ltd and 1 other | Disposed |
To see the full case history of Vinitha Associates Ltd, 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 Vinitha Associates Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vinitha Associates has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AACCV1233H1ZR | Tamil Nadu | Active | 01 Mar 2021 |
To see the full GST registrations and return filing status of Vinitha Associates Ltd, buy the company report.
Recent activity
Vinitha Associates Ltd has 5 board changes on record since 1993: 4 appointments and 1 cessation. The latest: Sunilkumar Vinesh Bafna was appointed as Director on 24 Feb 2025.
AGM
Vinitha Associates Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Vinitha Associates Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Appointed
Sunilkumar Vinesh Bafna was appointed as Director.
Charges
A charge with Others of Rs. 27.43 Cr registered on 11 Mar 2020 with Charge ID 100337510 was modified on 22 Feb 2021.
Ceased
Rathanachand Makeraj Bafna ceased to be Director.
Charges
A charge with Others amounted to Rs. 27.43 Cr with Charge ID 100337510 was registered on 11 Mar 2020.
Appointed
Sumerchand Bafna Vipinkumar was appointed as Director.
Charges
A charge with City Union Bank Ltd of Rs. 0.10 Cr registered on 22 Jul 1996 with Charge ID 90300629 was modified on 15 Dec 2006.
Charges
A charge with City Union Bank Ltd amounted to Rs. 0.10 Cr with Charge ID 90300629 was registered on 22 Jul 1996.
Appointed
Ratanchand Sumerchand Bafna was appointed as Director.
Appointed
Sunilkumar Bafna Ratanchand was appointed as Director.
Incorporation
28 Apr 1993
Vinitha Associates Ltd was registered on 28 Apr 1993 with Roc Chennai & aged 33 years 5 months as per MCA records.
Frequently asked questions
Vinitha Associates is an active public limited company based in Chennai, Tamil Nadu, India. The company works in nbfc, within the financial services industry. It was incorporated on 28 April 1993 (33+ years old) and is registered under CIN U67120TN1993PLC024944.
Vinitha Associates has 4 current directors:
- Sunilkumar Bafna Ratanchand - Director
- Sumerchand Bafna Vipinkumar - Director
- Ratanchand Sumerchand Bafna - Director
- Sunilkumar Vinesh Bafna - Director
The latest financial statements of Vinitha Associates 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.
The GSTIN of Vinitha Associates is 33AACCV1233H1ZR, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Vinitha Associates is U67120TN1993PLC024944. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vinitha Associates has 145 court cases on record: 102 filed by the company and 43 filed against it. 33 are pending. Most are in the district courts.
Vinitha Associates was incorporated on 28 April 1993, making it 33+ years old. It is registered with the Registrar of Companies, Chennai.
Sunilkumar Vinesh Bafna was appointed as Director on 24 Feb 2025. Rathanachand Makeraj Bafna ceased to be Director on 13 Nov 2020. Sumerchand Bafna Vipinkumar was appointed as Director on 12 Apr 2012. Vinitha Associates has 5 board changes on record in total.
Yes, Vinitha Associates is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-02-0000146).
The registered office of Vinitha Associates is at 3 Cenetop Road Ist Lanemadras 600018 Madras 600018, Chennai, Tamil Nadu, India – 600018.