Vitran Electronic Solutions Private Limited
About Vitran Electronic Solutions Private Limited
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Vitran Electronic Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 09 September 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH2009PTC195632. The company has 3 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹7 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Varuchhi Dubey and Nemish Kishor Parekh.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2019, the company reported a revenue of ₹86,216, a decline of 98% compared to the previous year. For the same year it recorded a net loss of ₹1.84 Lakh (net margin -213.6%) and EBITDA of ₹32,422 (EBITDA margin 37.6%). Revenue has declined at a compounded annual rate (CAGR) of 87% over three years.
As per MCA filings, the company has open charges of ₹50 Lakh on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Vitran Electronic Solutions Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressShop No: 230 Dheeraj Heritage S.V. Road Next To Santacruz Bus Depot Santacruz (, West), Mumbai, Maharashtra, India – 400054
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
To see the full contact details of Vitran Electronic Solutions 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 Vitran Electronic Solutions is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Vitran Electronic Solutions Private Limited, buy the company report.
Financials of Vitran Electronic Solutions Private Limited
FY 2019 filings availableVitran Electronic Solutions Private Limited reported revenue of ₹86,216 (down 98% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 87% over three years, including a 98% fall in the latest year. EBITDA rose 100% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹86,216 | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹32,422 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.84 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 37.6% | ||||
| Net Profit Margin | -213.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| 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 Vitran Electronic Solutions Private Limited, buy the company report.
Board of directors of Vitran Electronic Solutions Private Limited
Vitran Electronic Solutions has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Varuchhi Dubey Also directs: DNV Security Solutions Private Limited | Director | 09 Sep 2009 | 17 Years 1 Months | Current |
| Nemish Kishor Parekh Also directs: MSN Systems LLP, Xpan Solutions Private Limited | Director | 09 Sep 2009 | 17 Years 1 Months | Current |
Auditor
Vitran Electronic Solutions Private Limited is audited by K M KAPADIA & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K M KAPADIA & ASSOCIATES | FY 2019 | 104777W |
Shareholding
The shareholding of Vitran Electronic Solutions Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Vitran Electronic Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Mar 2015 | 10563199 | Oriental Bank of Commerce | ₹25 Lakh | Open | |
| 13 Dec 2012 | 10394961 | Oriental Bank of Commerce | ₹25 Lakh | Open |
To see the full charge records of Vitran Electronic Solutions Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Vitran Electronic Solutions Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chengalpattu, Tamil Nadu | Civil suit | Filed against the company by Ravel Electronics Pvt Ltd., Rep. by Its Authorised Signatory S.Venkatachalam | Pending |
To see the full case history of Vitran Electronic Solutions 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 Vitran Electronic Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vitran Electronic Solutions has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Vitran Electronic Solutions Private Limited, buy the company report.
Recent activity
Vitran Electronic Solutions Private Limited has 3 board changes on record since 2009: 2 appointments and 1 cessation. The latest: Nemish Kishor Parekh ceased to be Director on 22 Sep 2021.
Frequently asked questions
Vitran Electronic Solutions is an active private limited company based in Mumbai, Maharashtra, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 09 September 2009 (17+ years old) and is registered under CIN U74900MH2009PTC195632.
Vitran Electronic Solutions has 2 current directors:
- Varuchhi Dubey - Director
- Nemish Kishor Parekh - Director
The latest financial statements of Vitran Electronic Solutions on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Vitran Electronic Solutions has 3 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Vitran Electronic Solutions is U74900MH2009PTC195632. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vitran Electronic Solutions has 1 court case on record: 1 filed against it. 1 is pending.
Vitran Electronic Solutions was incorporated on 09 September 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
Nemish Kishor Parekh ceased to be Director on 22 Sep 2021. Nemish Kishor Parekh was appointed as Director on 09 Sep 2009. Varuchhi Dubey was appointed as Director on 09 Sep 2009.
The registered office of Vitran Electronic Solutions is at Shop No: 230 Dheeraj Heritage S.V. Road Next To Santacruz Bus Depot Santacruz , West, Mumbai, Maharashtra, India – 400054.
Vitran Electronic Solutions operates in the information technology industry, in the electronic components and equipment manufacturing segment.