V.M.Spice Company Private Limited
About V.M.Spice Company Private Limited
Data last updated:
V.M.Spice Company Private Limited is a private limited company based in Guntur, Andhra Pradesh, India. It operates in the food and beverage distribution segment of the food and beverages sector. It was incorporated on 21 November 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U15495AP2006PTC051747. Its GSTIN is 37AACCV3755G1Z6 (Andhra Pradesh).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹25.5 Lakh. It is led by directors including Ashok Kumar Bhandari (Managing Director) and Vishal Bhandari.
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 Guntur, Andhra Pradesh.
As per the financials filed for FY 2025, the company reported a revenue of ₹111.19 Cr, a decline of 41% compared to the previous year. For the same year it recorded a net profit of ₹1.96 Cr (net margin 1.8%) and EBITDA of ₹3.15 Cr (EBITDA margin 2.8%). Revenue has grown at a compounded annual rate (CAGR) of 12% over five years.
The company has about 5 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹5 Cr and satisfied charges of ₹7.5 Cr on record. Court records list 9 cases involving the company, including 6 filed by the company and 3 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
V.M.Spice Company Private Limited's registered office is in Guntur, Andhra Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressAshapuri House Door Numer: 23 – 7 – 17 Isukavagu Street R, .Agraharam, Guntur, Andhra Pradesh, India – 522003
- IndustryFood and Beverages, Food & Beverage Retail & Distribution
To see the full contact details of V.M.Spice Company 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 V.M.Spice Company is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers retail trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 47 | Retail trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of V.M.Spice Company Private Limited, buy the company report.
Financials of V.M.Spice Company Private Limited
FY 2025 filings availableV.M.Spice Company Private Limited reported revenue of ₹111.19 Cr (down 41% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 41% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 12%. EBITDA fell 11% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹3.15 Cr | ||||
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| Net Profit (PAT) | ₹1.96 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 2.8% | ||||
| Net Profit Margin | 1.8% | ||||
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To see the full financial statements and ratios of V.M.Spice Company Private Limited, buy the company report.
Board of directors of V.M.Spice Company Private Limited
V.M.Spice Company has 7 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Kumar Bhandari | Managing Director | 21 Nov 2006 | 19 Years 11 Months | Current |
| Vishal Bhandari Also directs: Vijaya Sri Cold Storage Private Limited | Director | 20 May 2015 | 11 Years 5 Months | Current |
| Chetan Bhandari Also directs: Ninedot Fortune Builders LLP | Director | 20 May 2015 | 11 Years 5 Months | Current |
| Kumarpal Bhandari | Director | 20 May 2015 | 11 Years 5 Months | Current |
| Rajesh Kumar Bhandari Also directs: Vijaya Sri Cold Storage Private Limited | Director | 21 Nov 2006 | 19 Years 11 Months | Current |
| Champalal Bhandari | Director | 21 Nov 2006 | 19 Years 11 Months | Current |
Auditor
V.M.Spice Company Private Limited is audited by Umamaheswara Rao & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Umamaheswara Rao & Co | FY 2023 | 004453S |
Shareholding
The shareholding of V.M.Spice Company Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of V.M.Spice Company Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Jan 2015 | 10551981 | Icici Bank Limited | ₹5 Cr | Open | |
| 18 Sep 2007 | 10072006 | City Union Bank Limited | ₹7.5 Cr | Satisfied |
To see the full charge records of V.M.Spice Company Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
V.M.Spice Company Private Limited has 9 court cases on record: 6 filed by V.M.Spice Company, 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 2 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Guntur, Andhra Pradesh | Civil suit | Filed by the company against Aachi Masala Foods Pvt. Ltd., and 3 Others | Disposed |
| District court, Guntur, Andhra Pradesh | Civil suit | Filed by the company against Ms Kannangazath Foods Pvt. Ltd., and Another | Disposed |
| District court, Muzaffarpur, Bihar | Court case (Cr. Case Complaint (P)) | Filed against the company by Mohan Chaudhary, Prop. Chaudhary Traders | Disposed |
| District court, Guntur, Andhra Pradesh | Civil suit | Filed by the company against Aangi Trading Company and 1 other | Disposed |
| District court, Guntur, Andhra Pradesh | Criminal complaint | Filed by the company against M/S.Kishan Chand Ashok Kumar and 1 other | Disposed |
To see the full case history of V.M.Spice Company 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 V.M.Spice Company Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
V.M.Spice Company Private Limited has a workforce of 5 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
GST
V.M.Spice Company has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AACCV3755G1Z6 | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of V.M.Spice Company Private Limited, buy the company report.
Recent activity
V.M.Spice Company Private Limited has 13 board changes on record since 2006: 7 appointments and 6 cessations. The latest: Chetan Bhandari ceased to be Additional Director on 29 Sep 2016.
8 earlier events are in the company report.
Frequently asked questions
V.M.Spice Company is an active private limited company based in Guntur, Andhra Pradesh, India. The company works in food and beverage retail and distribution, within the food and beverages industry. It was incorporated on 21 November 2006 (20+ years old) and is registered under CIN U15495AP2006PTC051747.
V.M.Spice Company has 7 current directors:
- Ashok Kumar Bhandari - Managing Director
- Vishal Bhandari - Director
- Chetan Bhandari - Director
- Kumarpal Bhandari - Director
- Rajesh Kumar Bhandari - Director
- Champalal Bhandari - Director
- Shripal Bhandari - Director
The latest financial statements of V.M.Spice Company 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 GSTIN of V.M.Spice Company is 37AACCV3755G1Z6, registered in Andhra Pradesh.
The CIN (Corporate Identification Number) of V.M.Spice Company is U15495AP2006PTC051747. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
V.M.Spice Company has 9 court cases on record: 6 filed by the company and 3 filed against it. Most are in the district courts.
V.M.Spice Company was incorporated on 21 November 2006, making it 20+ years old. It is registered with the Registrar of Companies, Vijayawada.
Chetan Bhandari ceased to be Additional Director on 29 Sep 2016. Kumarpal Bhandari ceased to be Additional Director on 29 Sep 2016. Shripal Bhandari ceased to be Additional Director on 29 Sep 2016. V.M.Spice Company has 13 board changes on record in total.
The registered office of V.M.Spice Company is at Ashapuri House Door Numer: 23 – 7 – 17 Isukavagu Street R, .Agraharam, Guntur, Andhra Pradesh, India – 522003.
V.M.Spice Company operates in the food and beverages industry, in the food and beverage retail and distribution segment.
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