MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-21-0002675
Vitrag Foam Private Limited - consumer goods in Himatnagar, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹77.87 Lakh
▼ 79% YoY
Net loss · FY 2024
₹71.89 Lakh
Net margin -92.3%
EBITDA · FY 2024
-₹59.37 Lakh
EBITDA margin -76.2%
Authorised capital
₹46 Lakh
Registered with MCA
Paid-up capital
₹46 Lakh
Issued & subscribed
Open charges
₹28.78 Cr
Satisfied ₹46.1 Lakh
Company age
31 yrs
Est. 1995
Directors on board
4
As per MCA filings
About Vitrag Foam Private Limited
Data last updated:
Vitrag Foam Private Limited is a private limited company based in Himatnagar, Gujarat, India. It operates in the home furnishings manufacturing segment of the consumer goods sector. It was incorporated on 20 July 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U35117GJ1995PTC026799. Its GSTIN is 24AABCV0165F1ZQ (Gujarat).
The company has an authorised share capital of ₹46 Lakh and a paid-up capital of ₹46 Lakh. It is led by directors including Kalpeshkumar Rajendrakumar Shah (Managing Director) and Bhartesh Rajendrakumar Shah.
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 Sabar Dairy Talod Road Gadhoda, Himatnagar, Gujarat, India – 383001.
As per the financials filed for FY 2024, the company reported a revenue of ₹77.87 Lakh, a decline of 79% compared to the previous year. For the same year it recorded a net loss of ₹71.89 Lakh (net margin -92.3%) and EBITDA of -₹59.37 Lakh (EBITDA margin -76.2%). Revenue has declined at a compounded annual rate (CAGR) of 69% over three years and 55% over five years.
The company is associated with 1 brand: Vitrag Foam. As per MCA filings, the company has open charges of ₹28.78 Cr and satisfied charges of ₹46.1 Lakh on record.
Vitrag Foam Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-21-0002675). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website easysleepindia.com.
Company details
CIN U35117GJ1995PTC026799
Registration Number 026799
Incorporation Date 20 July 1995
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-GJ-21-0002675
Key People
Kalpeshkumar Rajendrakumar Shah Managing Director Bhartesh Rajendrakumar Shah Director Vipulkumar Rajendrakumar Shah Director Recognitions & Rankings of Vitrag Foam
Contact details
Vitrag Foam Private Limited's registered office is in Himatnagar, Gujarat. Its website is easysleepindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSabar Dairy Talod Road Gadhoda, Himatnagar, Gujarat, India – 383001
- IndustryConsumer Goods, Home Furnishings Manufacturing
To see the full contact details of Vitrag Foam Private Limited, buy the company report.
Comprehensive company report
Vitrag Foam Private Limited - 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
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Brands
Vitrag Foam operates one associated brand: Vitrag Foam. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| A brand specializing in high-quality foam mattresses. | easysleepindia.com |
Business activity
The main business activity of Vitrag Foam is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Vitrag Foam Private Limited, buy the company report.
Financials of Vitrag Foam Private Limited
FY 2024 filings availableVitrag Foam Private Limited reported revenue of ₹77.87 Lakh (down 79% YoY) for FY 2024.
Revenue · FY 2024
₹77.87 Lakh ▼ 79%
Net loss · FY 2024
₹71.89 Lakh margin -92.3%
EBITDA · FY 2024
-₹59.37 Lakh margin -76.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 79%
3 years · compounded
▼ 69%
5 years · compounded
▼ 55%
EBITDA CAGR growth
1 year
▼ 38%
3 years · compounded
▼ 33%
5 years · compounded
▼ 23%
Revenue has declined at a compounded annual rate (CAGR) of 55% over five years, including a 79% fall in the latest year. EBITDA fell 38% 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 | -₹59.37 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹71.89 Lakh | ||||
| 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 | -76.2% | ||||
| Net Profit Margin | -92.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Vitrag Foam Private Limited, buy the company report.
Board of directors of Vitrag Foam Private Limited
Vitrag Foam has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kalpeshkumar Rajendrakumar Shah | Managing Director | 30 Dec 2002 | 23 Years 9 Months | Current |
| Bhartesh Rajendrakumar Shah Also directs: Sanmati Poly Foam Private Limited | Director | 30 Dec 2002 | 23 Years 9 Months | Current |
| Vipulkumar Rajendrakumar Shah | Director | 29 Mar 2017 | 9 Years 6 Months | Current |
| Manishkumar Rajendrakumar Shah | Director | 30 Dec 2002 | 23 Years 9 Months | Current |
Auditor
Vitrag Foam Private Limited is audited by K. V. Mehta & Co. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K. V. Mehta & Co. | FY 2022 | AAGFK5090E |
Shareholding
The shareholding of Vitrag Foam Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Vitrag Foam Private Limited, buy the company report.
Charges & borrowings
Open charges
₹28.78 Cr
Satisfied charges
₹46.1 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Jul 2020 | 100387854 | Others | ₹15.25 Cr | Open | |
| 29 Apr 2004 | 90107343 | Dena Bank | ₹13.53 Cr | Open | |
| 27 Mar 1996 | 90104640 | G.S.F.C. | ₹46.1 Lakh | Satisfied |
To see the full charge records of Vitrag Foam Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Vitrag Foam Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Vitrag Foam Private Limited was last rated by Brickwork on 21 Sep 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 21 Sep 2021 |
To see the full credit ratings and regulatory alerts of Vitrag Foam Private Limited, buy the company report.
MSME payment delays
Vitrag Foam Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 22 overdue payments to 9 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 9)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Vimal Intertrade Private Limited | |||
| an individual supplier | |||
| Crescent Chemical | |||
| Rudra Blades & Edges Private Limited | |||
| Saan Global |
To see the full MSME payment records of Vitrag Foam Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Vitrag Foam has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCV0165F1ZQ | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vitrag Foam Private Limited, buy the company report.
Recent activity
Vitrag Foam Private Limited has 6 board changes on record since 2002: 4 appointments and 2 cessations. The latest: Vipulkumar Rajendrakumar Shah ceased to be Additional Director on 30 Sep 2017.
AGM
Vitrag Foam Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Vitrag Foam Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge with Others of Rs. 1,525.25 Lakh registered on 28 Jul 2020 with Charge ID 100387854 was modified on 07 Jan 2022.
Charges
A charge with Others amounted to Rs. 1,525.25 Lakh with Charge ID 100387854 was registered on 28 Jul 2020.
Ceased
Vipulkumar Rajendrakumar Shah ceased to be Additional Director.
Appointed
Vipulkumar Rajendrakumar Shah was appointed as Director.
Charges
A charge with Dena Bank of Rs. 1,353.00 Lakh registered on 29 Apr 2004 with Charge ID 90107343 was modified on 29 Jun 2015.
Ceased
Narendrakumar Nathalal Shah ceased to be Director.
Charges
A charge with Dena Bank amounted to Rs. 1,353.00 Lakh with Charge ID 90107343 was registered on 29 Apr 2004.
Charges
A charge registered on 27 Mar 1996 via Charge ID 90104640 with G.S.F.C. was fully satisfied on 30 Jun 2003.
Appointed
Bhartesh Rajendrakumar Shah was appointed as Director.
Appointed
Kalpeshkumar Rajendrakumar Shah was appointed as Managing Director.
3 earlier events are in the company report.
Frequently asked questions
Vitrag Foam is an active private limited company based in Himatnagar, Gujarat, India. The company works in home furnishings manufacturing, within the consumer goods industry. It was incorporated on 20 July 1995 (31+ years old) and is registered under CIN U35117GJ1995PTC026799.
Vitrag Foam has 4 current directors:
- Kalpeshkumar Rajendrakumar Shah - Managing Director
- Bhartesh Rajendrakumar Shah - Director
- Vipulkumar Rajendrakumar Shah - Director
- Manishkumar Rajendrakumar Shah - Director
The latest financial statements of Vitrag Foam 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 Vitrag Foam is 24AABCV0165F1ZQ, registered in Gujarat.
The CIN (Corporate Identification Number) of Vitrag Foam is U35117GJ1995PTC026799. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vitrag Foam was incorporated on 20 July 1995, making it 31+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Vipulkumar Rajendrakumar Shah ceased to be Additional Director on 30 Sep 2017. Vipulkumar Rajendrakumar Shah was appointed as Director on 29 Mar 2017. Narendrakumar Nathalal Shah ceased to be Director on 21 Jul 2014. Vitrag Foam has 6 board changes on record in total.
Yes, Vitrag Foam is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-21-0002675).
Vitrag Foam has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 22 overdue payments to 9 micro and small suppliers. The latest return was filed on 23 May 2019.
Vitrag Foam can be reached through the website easysleepindia.com. Its registered office is in Himatnagar, Gujarat, India.
The registered office of Vitrag Foam is at Sabar Dairy Talod Road Gadhoda, Himatnagar, Gujarat, India – 383001.