About VLCC Limited
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VLCC Limited is a public limited company based in New Delhi, Delhi, India. It operates in the health and beauty retail and distribution segment of the consumer goods sector. It was incorporated on 23 October 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1996PLC082842. Its GSTIN is 07AAACC4808P1ZF (Delhi). The company holds 27 GST registrations, of which 20 are active.
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹44.19 Cr. It was formerly known as Curls & Curves (India) Ltd and Curls & Curves (India) Private Ltd. It is led by directors including Vikas Gupta (Managing Director) and Mukesh Luthra.
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 M – 14 Greater Kailash – II Commercial Complex, New Delhi, Delhi, India – 110048.
As per the financials filed for FY 2025, the company reported a revenue of ₹966.22 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net loss of ₹146.32 Cr (net margin -15.1%) and EBITDA of ₹104.44 Cr (EBITDA margin 10.8%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 5% over five years.
The company has about 2,349 employees on its provident fund (EPFO) records. Its group structure includes 3 subsidiaries.
The company is associated with 4 brands: VLCC Personal Care, Ustraa, VLCC and VLCC Health Care. As per MCA filings, the company has open charges of ₹268.36 Cr and satisfied charges of ₹244.53 Cr on record. Court records list 187 cases involving the company, including 74 filed by the company and 113 filed against it; 26 cases are pending. The company has 27 deals on record (16 secondary share transfers, 8 funding rounds, 1 rights issue), with disclosed funding of ₹2,396.81 Cr; the latest was in August 2026. Its 5 peer companies in the Consumer Services industry (Cosmetic Surgery, Wellness and Healthcare Centres) are compared by revenue, 5 smaller; the largest is Cultfit Healthcare Private Limited with revenue of ₹582.38 Cr. The company has 16 MSME Form 1 returns on record between 2019 and 2024, listing 357 overdue payments to 39 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vlccwellness.com.
Name History of VLCC Limited
VLCC has undergone 6 name changes throughout its history. The current legal name is Vlcc Limited.
| Company Name | Status |
|---|---|
| VLCC Limited | Current |
| Curls & Curves (India) Ltd | Previous |
| Curls & Curves (India) Private Ltd | Previous |
| Curls & Curves (India) Limited | Previous |
| Vlcc Health Care Private Limited | Previous |
| Curls & Curves (India) Private Limited | Previous |
CIN History of VLCC Limited
VLCC has one previous CIN (Corporate Identification Number): L74899DL1996PLC082842. The current CIN is U74899DL1996PLC082842, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74899DL1996PLC082842 | Current |
| L74899DL1996PLC082842 | Previous |
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressM – 14 Greater Kailash – II Commercial Complex, New Delhi, Delhi, India – 110048
- IndustryConsumer Goods, Health & Beauty Retail & Distribution
- 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
- One PDF report, delivered after checkout
Associated Brands with VLCC Limited
VLCC operates multiple associated brands including VLCC Personal Care, Ustraa, and VLCC. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Men's grooming products are offered via an internet-first brand. | ustraa.com | |
| Chain of skin and hair care clinics | vlcc.com | |
| Skincare, beauty, and wellness services provided by VLCC across multiple countries. | vlccwellness.com | |
| VLCC provides wellness and beauty services, focusing on skincare, haircare, and related products. | vlccpersonalcare.com |
Business Activity of VLCC Limited
The main business activities of VLCC are personal and household service and education. In detail, this covers other personal service activities and higher education, technical & vocational education. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| S | Personal and Household service | S4 | Other Personal service activities | Locked |
| P | Education | P2 | Higher education, technical & vocational education | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of VLCC Limited FY 2025 filings available
VLCC Limited reported revenue of ₹966.22 Cr (down 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of VLCC Limited
Revenue fell 2% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA fell 32% 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 of VLCC Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹104.44 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹146.32 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 of VLCC Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -15.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of VLCC are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors and KMP of VLCC Limited
VLCC Limited currently reports 9 directors and 1 key managerial person. 31 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mukesh Luthra | Director | 01 Apr 2003 | 23 Years 6 Months | Current |
| Gurveen Singh Also directs: Eureka Forbes Limited | Director | 13 Dec 2022 | 3 Years 10 Months | Current |
| Amit Jain Also directs: Viyash Scientific Limited, Highway Roop Precision Technologies Limited, VLCC Personal Care Limited and 5 more | Director | 13 Dec 2022 | 3 Years 10 Months | Current |
| Suresh Jayaraman Also directs: Arvind Fashions Limited, Neogrowth Credit Private Limited, Value Fashion Retail Limited and 1 more | Director | 13 Dec 2022 | 3 Years 10 Months | Current |
| Aamir Zeb Also directs: Happily Unmarried Marketing Private Limited, Strata Geosystems (India) Private Limited, Varmora Granito Limited and 4 more | Director | 13 Dec 2022 | 3 Years 10 Months | Current |
| Sanjay Mehta Also directs: BMR Advisors LLP, Independent News Service Pvtltd | Director | 01 Aug 2004 | 22 Years 2 Months | Current |
Peer Comparison of VLCC Limited
VLCC Limited is compared with the companies closest to it by revenue in the Consumer Services industry (Cosmetic Surgery, Wellness and Healthcare Centres). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| VLCC Limited this company | ₹966.22 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | New Delhi, Delhi, India |
| Cultfit Healthcare Private Limited | ₹582.38 Cr (FY 2025) | •••• | •••• | 50.0% | •••• | Chennai, Tamil Nadu, India |
| Praba's Vcare Health Clinic Private Limited | ₹258.07 Cr (FY 2024) | •••• | •••• | 19.0% | •••• | Tamil Nadu, India |
| CSC Healthcare & Wellness Services Limited | ₹255.48 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Delhi, India |
| Vidal Healthcare Services Private Limited | ₹236.77 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Bangalore, Karnataka, India |
| Kaya Limited Listed | ₹234.22 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below VLCC by revenue in the Consumer Services industry (Cosmetic Surgery, Wellness and Healthcare Centres), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of VLCC Limited
VLCC Limited is audited by S.R. Batliboi & Associates LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S.R. Batliboi & Associates LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of VLCC Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of VLCC Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Aug 2025 | Others | ₹60 Cr | Open |
| 26 Nov 2024 | The Hongkong and Shanghai Banking Corporation Limited | ₹40 Cr | Open |
| 26 Nov 2024 | The Hongkong and Shanghai Banking Corporation Limited | ₹10 Cr | Open |
| 16 Feb 2024 | Others | ₹45 Cr | Open |
| 27 Jul 2023 | Others | ₹35 Cr | Open |
Total charge records: 27 View all charges
Deals & Funding of VLCC Limited
VLCC Limited has 27 deals on record (16 secondary share transfers, 8 funding rounds, 1 rights issue), with disclosed funding of ₹2,396.81 Cr; the latest was in August 2026.
Deals on record (5 of 27)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2026 | Debt financing | ₹110 Cr | Investors: Blacksoil Group |
| Mar 2025 | Secondary share transfer | Undisclosed | Buyer: CA Sumatra Investment DVR, 360 ONE (IIFL Asset Management), 2 individuals Seller: Mukesh Luthra Escrow Securities Account 1, Zall Holdings Limited, 2 individuals |
| Feb 2025 | Funding round | ₹65 Cr | Investors: Alpha Wave Global |
| Jan 2025 | Secondary share transfer | Undisclosed | Buyer: Alpha Wave Global Seller: Ca Sumatra Investment & Gopal Mishra, Ca Sumatra Investment & Vikas Gupta, The Carlyle Group |
| Aug 2023 | Funding round | ₹142.05 Cr | Investors: Info Edge Ventures, 360 ONE (IIFL Asset Management), Wipro Enterprises Private Limited |
Full deal history
All 27 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of VLCC Limited
VLCC Limited has 187 court cases on record: 74 filed by VLCC, 113 filed against it. 26 cases are pending and 161 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 112 | 81 | 15 |
| High courts | 72 | 29 | 11 |
| Supreme Court | 2 | 2 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 187)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Court case (OMP (COMM.)) | Filed against the company by Progeny Associates Pvt. Ltd. | Pending |
| District court, Calcutta, West Bengal | Commercial suit | Filed by the company against Anandam Housing Pvt Ltd | Pending |
| High Court of Delhi | Arbitration matter | Filed by the company against M/S Gajju Technologies Private Limited | Pending |
| High Court of Delhi | Appeal | Filed by the company against M/S J C Developers Pvt Ltd & Anr | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against Anandam Housing Pvt Ltd | Disposed |
Full case history
All 187 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by VLCC Limited
VLCC Limited has 16 MSME Form 1 returns on record between 2019 and 2024, listing 357 overdue payments to 39 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 39)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Biotic Waste Solutions Private Limited | •••• | •••• | •••• |
| Marc Salon & Beauty Equipments Private Limited | •••• | •••• | •••• |
| S.K. Paul & Son | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 16 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at VLCC Limited
VLCC Limited has a workforce of 2,349 employees as of Apr 06, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of VLCC Limited
VLCC has 3 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Vlcc Personal Care Limited | U52212DL2000PLC107566 | Locked |
| Vanitycube Mobile Spa And Salon Private Limited | U74900MP2014PTC032983 | Locked |
| Vlcc Online Services Private Limited | U93000HR2016PTC058548 | Locked |
Showing major subsidiaries. Total: 3.
Recent Activity on VLCC Limited
VLCC Limited has 70 board changes on record since 2002: 41 appointments and 29 cessations. The latest: Anuj Vishnukumar Poddar was appointed as Director on 26 Sep 2025.
115 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for VLCC Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of VLCC Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of VLCC Limited
VLCC has 27 GST registrations: 20 active and 7 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACC4808P1ZF | Delhi | Active | 01 Jul 2017 |
| 03AAACC4808P1ZN | Punjab | Active | 01 Jul 2017 |
| 04AAACC4808P2ZK | Chandigarh | Active | 01 Jul 2017 |
| 06AAACC4808P1ZH | Haryana | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of VLCC Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Related news about VLCC Limited
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Frequently Asked Questions about VLCC Limited
VLCC is an active public limited company based in New Delhi, Delhi, India. The company works in health and beauty retail and distribution, within the consumer goods industry. It was incorporated on 23 October 1996 (30+ years old) and is registered under CIN U74899DL1996PLC082842.
VLCC reported revenue of ₹966.22 Cr for FY 2025 (down 2% YoY).
VLCC has 10 current directors and KMP:
- Vikas Gupta - Managing Director
- Mukesh Luthra - Director
- Gurveen Singh - Director
- Amit Jain - Director
- Suresh Jayaraman - Director
- Aamir Zeb - Director
- Sanjay Mehta - Director
- Anuj Vishnukumar Poddar - Director
- Utsav Mitra - Director
- Gopal Mishra - Cfo
VLCC reported a net loss of ₹146.32 Cr (net margin -15.1%) and EBITDA of ₹104.44 Cr (EBITDA margin 10.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of VLCC is 13% over three years and 5% over five years. In the latest year (FY 2025) revenue fell 2%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of VLCC is 07AAACC4808P1ZF, registered in Delhi. The company has 27 GST registrations in all, of which 20 are active and 7 are cancelled or inactive. Other active GSTINs include 03AAACC4808P1ZN (Punjab), 04AAACC4808P2ZK (Chandigarh), 06AAACC4808P1ZH (Haryana).
The CIN (Corporate Identification Number) of VLCC is U74899DL1996PLC082842. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
VLCC has 187 court cases on record: 74 filed by the company and 113 filed against it. 26 are pending. Most are in the district courts.
VLCC was incorporated on 23 October 1996, making it 30+ years old. It is registered with the Registrar of Companies, Delhi.
VLCC has 27 deals on record (16 secondary share transfers, 8 funding rounds, 1 rights issue), with disclosed funding of ₹2,396.81 Cr; the latest was in August 2026.
The peers of VLCC by revenue are Cultfit Healthcare Private Limited, Praba's Vcare Health Clinic Private Limited, CSC Healthcare & Wellness Services Limited, Vidal Healthcare Services Private Limited, Kaya Limited, all in the Consumer Services industry (Cosmetic Surgery, Wellness and Healthcare Centres).
Anuj Vishnukumar Poddar was appointed as Director on 26 Sep 2025. Aakash Chaudhry ceased to be Director on 19 Sep 2025. Neeraj Bharadwaj ceased to be Director on 12 Sep 2025. VLCC has 70 board changes on record in total.