Viraj Associates Private Limited
About Viraj Associates Private Limited
Data last updated:
Viraj Associates Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 22 November 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74100MH2004PTC149625.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹89.3 Lakh. It is led by directors Vishal Krishanlal Dua and Geeta Vishal Dua.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹41.46 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹30.05 Lakh (net margin 72.5%) and EBITDA of ₹37.82 Lakh (EBITDA margin 91.2%). Revenue has grown at a compounded annual rate (CAGR) of 112% over three years and 69% over five years.
Court records list 3 cases involving the company, including 3 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Viraj Associates Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressRajasthan Technical Centre Office No. 14 Ground Floor Patanwala Estate Lbs Marg G, Hatkopar W, Mumbai, Maharashtra, India – 400086
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Viraj Associates 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
Financials of Viraj Associates Private Limited
FY 2025 filings availableViraj Associates Private Limited reported revenue of ₹41.46 Lakh (up 208% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 69% over five years, including 208% growth in the latest year. EBITDA rose 263% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹37.82 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹30.05 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 91.2% | ||||
| Net Profit Margin | 72.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Viraj Associates Private Limited, buy the company report.
Board of directors of Viraj Associates Private Limited
Viraj Associates has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishal Krishanlal Dua Also directs: Mother Earth Granites LLP, H R (Paper) Machinery LLP, H R (Paper) Machinery Private Limited and 4 more | Director | 22 Nov 2004 | 21 Years 11 Months | Current |
| Geeta Vishal Dua | Director | 22 Nov 2004 | 21 Years 11 Months | Current |
Peer comparison
Viraj Associates Private Limited is compared with the 10 companies closest to it by revenue in the BFSI industry (Broking Services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sarla Mercantiles Private Limited | ₹41.6 Lakh (FY 2025) | 331.0% | Mumbai, Maharashtra, India | |||
| Profit Planet Comsec Private Limited | ₹41.6 Lakh (FY 2024) | 36.0% | Mumbai, Maharashtra, India | |||
| International Securities Limited | ₹41.57 Lakh (FY 2025) | -72.0% | New Delhi, Delhi, India | |||
| Shree Ambika Automobiles Private Limited | ₹41.52 Lakh (FY 2024) | -87.0% | Delhi, India | |||
| Elexi Consultancy Services Private Limited | ₹41.51 Lakh (FY 2025) | -84.0% | Kolkata, West Bengal, India | |||
| Viraj Associates Private Limitedthis company | ₹41.46 Lakh (FY 2024) | ₹30.05 Lakh | 72.5% | 208.0% | Mumbai, Maharashtra, India | |
| Stam Ford Investments Private Limited | ₹41.42 Lakh (FY 2025) | 83.0% | Bangalore, Karnataka, India | |||
| Koel Vyapaar Private Limited | ₹41.4 Lakh (FY 2025) | 0.0% | Parganas North, West Bengal, India | |||
| Rusoday Securities Limited | ₹41.38 Lakh (FY 2025) | -67.0% | Kolkata, West Bengal, India | |||
| Premier Soya Limited | ₹41.3 Lakh (FY 2025) | 2.0% | Mumbai, Maharashtra, India | |||
| Hari Commfin Private Limited | ₹41.28 Lakh (FY 2025) | -88.0% | Ludhiana, Punjab, India |
To see the full peer comparison of Viraj Associates Private Limited, buy the company report.
Auditor
Viraj Associates Private Limited is audited by BHALAWAT & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BHALAWAT & CO | FY 2018 | 114530W |
Shareholding
The shareholding of Viraj Associates Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Viraj Associates Private Limited, buy the company report.
Legal cases
Viraj Associates Private Limited has 3 court cases on record: 3 filed by Viraj Associates. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Company petition | Filed by the company against Vigil Securities Pvt. Ltd., Through Its Director and 3 others | Disposed |
| Bombay High Court | Court case (CAW) | Filed by the company against State of Maharashtra and Ors. | Disposed |
| Bombay High Court | Writ petition | Filed by the company against State of Maharashtra and Ors | Disposed |
To see the full case history of Viraj Associates 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 Viraj Associates Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Viraj Associates Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Viraj Associates Private Limited has 2 board changes on record since 2004: 2 appointments. The latest: Geeta Vishal Dua was appointed as Director on 22 Nov 2004.
Frequently asked questions
Viraj Associates is an active private limited company based in Mumbai, Maharashtra, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 22 November 2004 (22+ years old) and is registered under CIN U74100MH2004PTC149625.
Viraj Associates has 2 current directors:
- Vishal Krishanlal Dua - Director
- Geeta Vishal Dua - Director
The latest financial statements of Viraj 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 CIN (Corporate Identification Number) of Viraj Associates is U74100MH2004PTC149625. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Viraj Associates has 3 court cases on record: 3 filed by the company.
Viraj Associates was incorporated on 22 November 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Viraj Associates by revenue are Sarla Mercantiles Private Limited, Profit Planet Comsec Private Limited, International Securities Limited, Shree Ambika Automobiles Private Limited, Elexi Consultancy Services Private Limited and 5 more, all in the BFSI industry (Broking Services).
Geeta Vishal Dua was appointed as Director on 22 Nov 2004. Vishal Krishanlal Dua was appointed as Director on 22 Nov 2004.
The registered office of Viraj Associates is at Rajasthan Technical Centre Office No. 14 Ground Floor Patanwala Estate Lbs Marg G, Hatkopar W, Mumbai, Maharashtra, India – 400086.
Viraj Associates operates in the financial services industry, in the brokerage and trading services segment.
The compliance status of Viraj Associates is compliant as of 22 September 2026. The company is actively filing with the Registrar of Companies.