Virtuous Share Investments Private Limited
About Virtuous Share Investments Private Limited
Data last updated:
Virtuous Share Investments Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Virtuous Finance Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the financial services and investment segment of the financial services sector. It was incorporated on 24 April 1995.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U67120MH1995PTC087613. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.96 Cr. It was led by directors including Ashok Indulal Bhuta and Dineshkumar Ramniklal Desai.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at 4th Floor The Eagle'S Flight Suren Road Off Andheri – Kurla Rd Andheri (East), Mumbai, Maharashtra, India – 400093.
As per the financials filed for FY 2017, the company reported a revenue of ₹29.07 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹5.2 Cr (net margin 17.9%) and EBITDA of ₹5.56 Cr (EBITDA margin 19.1%).
As per MCA filings, the company had satisfied charges of ₹106 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
Company details
CIN history
Virtuous Share Investments has one previous CIN (Corporate Identification Number): U67120MH1995PLC087613. The current CIN is U67120MH1995PTC087613, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U67120MH1995PTC087613 | Current |
| U67120MH1995PLC087613 | Previous |
Contact details
Virtuous Share Investments Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address4th Floor The Eagle'S Flight Suren Road Off Andheri – Kurla Rd Andheri (East), Mumbai, Maharashtra, India – 400093
- IndustryFinancial Services, Financial Activities
To see the full contact details of Virtuous Share Investments 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 Virtuous Share Investments 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 Virtuous Share Investments Private Limited, buy the company report.
Financials of Virtuous Share Investments Private Limited
FY 2017 filings availableVirtuous Share Investments Private Limited reported revenue of ₹29.07 Cr (up 12% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 12% in the latest year. EBITDA fell 79% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹29.07 Cr | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹5.56 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹5.2 Cr | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 19.1% | ||
| Net Profit Margin | 17.9% | ||
| 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 Virtuous Share Investments Private Limited, buy the company report.
Board of directors of Virtuous Share Investments Private Limited
Virtuous Share Investments has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Indulal Bhuta Also directs: Sidmak Laboratories (India) Private Limited, Sanghvi Properties Pvt Ltd, KNK Trading Private Limited and 5 more | Director | 28 Aug 2006 | 20 Years 2 Months | As last reported |
| Dineshkumar Ramniklal Desai | Director | 11 Mar 1999 | 27 Years 7 Months | As last reported |
| Mangesh Ramakant Tahmane | Director | 27 May 2016 | 10 Years 5 Months | As last reported |
Auditor
Virtuous Share Investments Private Limited is audited by H. C. TIMBADIA AND CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H. C. TIMBADIA AND CO. | FY 2017 | 110997W |
Shareholding
The shareholding of Virtuous Share Investments 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 Virtuous Share Investments Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Apr 2015 | 10570346 | State Bank of India | ₹6 Cr | Satisfied | |
| 29 Apr 2015 | 10570345 | State Bank of India | ₹50 Cr | Satisfied | |
| 23 Feb 2015 | 10555964 | Indusind Bank Ltd. | ₹50 Cr | Satisfied |
To see the full charge records of Virtuous Share Investments Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Virtuous Share Investments Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Court case (OJA) | Filed against the company by Ambalal Sarabhai Enterprises | Disposed |
To see the full case history of Virtuous Share Investments 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 Virtuous Share Investments Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Virtuous Share Investments 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 Virtuous Share Investments Private Limited, buy the company report.
Recent activity
Virtuous Share Investments Private Limited has 5 board changes on record since 1999: 3 appointments and 2 cessations. The latest: Mangesh Ramakant Tahmane ceased to be Additional Director on 26 Sep 2016.
2 earlier events are in the company report.
Frequently asked questions
Virtuous Share Investments has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Virtuous Share Investments was a private limited company based in Mumbai, Maharashtra, India. The company worked in financial activities, within the financial services industry. It was incorporated on 24 April 1995 and is registered under CIN U67120MH1995PTC087613. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Virtuous Share Investments was incorporated on 24 April 1995. It is registered with the Registrar of Companies, Mumbai.
Virtuous Share Investments had 3 directors:
- Ashok Indulal Bhuta - Director
- Dineshkumar Ramniklal Desai - Director
- Mangesh Ramakant Tahmane - Director
The CIN (Corporate Identification Number) of Virtuous Share Investments is U67120MH1995PTC087613. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Virtuous Share Investments is at 4th Floor The EagleS Flight Suren Road Off Andheri – Kurla Rd Andheri East, Mumbai, Maharashtra, India – 400093.
The latest financial statements of Virtuous Share Investments on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 September 2017. Year-wise statements from 2015 are in the company report.
No. Virtuous Share Investments has 1 GST registration on record and it is cancelled or inactive.
Virtuous Share Investments operated in the financial services industry, in the financial activities segment.
Virtuous Share Investments has 1 court case on record: 1 filed against it.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
