V.N. Credits Limited
About V.N. Credits Limited
Data last updated:
V.N. Credits Limited is a public limited company based in New Delhi, Delhi, India. It operates in the asset financing companies segment of the financial services sector. It was incorporated on 17 February 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U65929DL1997PLC085203. Its GSTIN is 06AAACV5270E1ZJ (Haryana).
The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹2.4 Cr. It was formerly known as V.N. Credits Pvt Limited. It is led by directors including Vidhi Aggarwal (Whole-Time Director) and Nidhi Gupta (Whole-Time Director).
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 3/2 Amar Park Zakhira New Roh Tak Road, New Delhi, Delhi, India – 110045.
As per the financials filed for FY 2024, the company reported a revenue of ₹59.22 Lakh, a growth of 96% compared to the previous year. For the same year it recorded a net loss of ₹18.74 Lakh (net margin -31.6%) and EBITDA of -₹18.47 Lakh (EBITDA margin -31.2%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 13% over five years.
The company is associated with 1 brand: PaySay. Court records list 42 cases involving the company, including 42 filed by the company; 8 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
V.N. Credits has one previous CIN (Corporate Identification Number): L65929DL1997PLC085203. The current CIN is U65929DL1997PLC085203, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65929DL1997PLC085203 | Current |
| L65929DL1997PLC085203 | Previous |
Contact details
V.N. Credits Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address3/2 Amar Park Zakhira New Roh Tak Road, New Delhi, Delhi, India – 110045
- IndustryFinancial Services, Asset Financing Companies, NBFC, Investment & Credit NBFC
To see the full contact details of V.N. Credits 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.N. Credits is financial and insurance service. In detail, this covers financial and credit leasing activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K5 | Financial and Credit leasing activities |
To see the full business activity and turnover split of V.N. Credits Limited, buy the company report.
Financials of V.N. Credits Limited
FY 2024 filings availableV.N. Credits Limited reported revenue of ₹59.22 Lakh (up 96% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 96% growth in the latest year. EBITDA fell 365% 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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| EBITDA | -₹18.47 Lakh | ||||
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| Net Profit (PAT) | -₹18.74 Lakh | ||||
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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 | -31.2% | ||||
| Net Profit Margin | -31.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of V.N. Credits Limited, buy the company report.
Board of directors of V.N. Credits Limited
V.N. Credits has 7 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vidhi Aggarwal | Whole-Time Director | 01 Aug 2007 | 19 Years 2 Months | Current |
| Nidhi Gupta | Whole-Time Director | 01 Aug 2007 | 19 Years 2 Months | Current |
| Yogendra Sharma | Director | 21 Mar 2024 | 2 Years 7 Months | Current |
| Vipan Kumar Aggarwal Also directs: Bansal Credits Limited | Whole-Time Director | 29 Sep 2001 | 25 Years 0 Months | Current |
| Nidhi Mittal Also directs: Niyamika Enterprises LLP, Terranurture Private Limited | Director | 23 Sep 2025 | 1 Years 1 Months | Current |
| Hemant Kumar Gupta Also directs: Terranurture Private Limited, Magnetic Applications Private Limited, Magcent Foundation and 1 more | Director | 23 Sep 2025 | 1 Years 1 Months | Current |
Auditor
V.N. Credits Limited is audited by SHIKHA S & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHIKHA S & ASSOCIATES | FY 2022 | 039971N |
Shareholding
The shareholding of V.N. Credits 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 V.N. Credits Limited, buy the company report.
Legal cases
V.N. Credits Limited has 42 court cases on record: 42 filed by V.N. Credits. 8 cases are pending and 34 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 42 | 0 | 8 |
Cases on record (5 of 42)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, West, Delhi | Criminal case | Filed by the company against an individual | Pending |
| District court, West, Delhi | Cheque dishonour complaint | Filed by the company against an individual | Pending |
| District court, Central, Delhi | Cheque dishonour complaint | Filed by the company against an individual | Pending |
| District court, Central, Delhi | Cheque dishonour complaint | Filed by the company against an individual | Pending |
| District court, North West, Delhi | Cheque dishonour complaint | Filed by the company against Ravitaprop of Himanshu Roadways India | Pending |
To see the full case history of V.N. Credits 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.N. Credits Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
V.N. Credits has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAACV5270E1ZJ | Haryana | Active | 21 Dec 2023 |
To see the full GST registrations and return filing status of V.N. Credits Limited, buy the company report.
Recent activity
V.N. Credits Limited has 16 board changes on record since 2001: 7 appointments and 9 cessations. The latest: Hemant Kumar Gupta was appointed as Director on 23 Sep 2025.
7 earlier events are in the company report.
Frequently asked questions
V.N. Credits is an active public limited company based in New Delhi, Delhi, India. The company works in asset financing companies, within the financial services industry. It was incorporated on 17 February 1997 (29+ years old) and is registered under CIN U65929DL1997PLC085203.
V.N. Credits has 7 current directors:
- Vidhi Aggarwal - Whole-Time Director
- Nidhi Gupta - Whole-Time Director
- Vipan Kumar Aggarwal - Whole-Time Director
- Yogendra Sharma - Director
- Nidhi Mittal - Director
- Hemant Kumar Gupta - Director
- Indu Aggarwal - Director
The latest financial statements of V.N. Credits 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 V.N. Credits is 06AAACV5270E1ZJ, registered in Haryana.
The CIN (Corporate Identification Number) of V.N. Credits is U65929DL1997PLC085203. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
V.N. Credits has 42 court cases on record: 42 filed by the company. 8 are pending.
V.N. Credits was incorporated on 17 February 1997, making it 29+ years old. It is registered with the Registrar of Companies, Delhi.
Hemant Kumar Gupta was appointed as Director on 23 Sep 2025. Nidhi Mittal was appointed as Director on 23 Sep 2025. Hemant Kumar Gupta ceased to be Director on 12 Aug 2025. V.N. Credits has 16 board changes on record in total.
The registered office of V.N. Credits is at 32 Amar Park Zakhira New Roh Tak Road, New Delhi, Delhi, India – 110045.
V.N. Credits operates in the financial services industry, in the asset financing companies segment.