About VNS Industries Private Limited
Data last updated:
VNS Industries Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 23 June 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U27110MH1999PTC120489. Its GSTIN is 27AABCV6182C2ZC (Maharashtra). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.21 Cr. It is led by directors including Jasmine Vipul Gopani and Rushil Vipul Gopani.
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 A – 3217 Marathon Futurex Mafatlal Mills Compound, N.M.Joshi Marg Lower Parel Mumbai – 400 013., Maharashtra, India – 400013.
As per the financials filed for FY 2025, the company reported a revenue of ₹288.02 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹3.9 Cr (net margin 1.4%) and EBITDA of ₹8.61 Cr (EBITDA margin 3%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 14% over five years.
The company has about 65 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: VNS Industries Private Limited. As per MCA filings, the company has open charges of ₹56.85 Cr and satisfied charges of ₹24.6 Cr on record. Court records list 38 cases involving the company, including 32 filed by the company and 6 filed against it; 6 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vnssteel.com.
Company details
Contact details
VNS Industries Private Limited's registered office is in Mumbai, Maharashtra. Its website is vnssteel.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressA – 3217 Marathon Futurex Mafatlal Mills Compound, N.M.Joshi Marg Lower Parel Mumbai – 400 013., Maharashtra, India – 400013
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of VNS Industries 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
Brands
VNS Industries operates one associated brand: VNS Industries Private Limited. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Steel manufacturing and trading services in India. | vnssteel.com |
Business activity
The main business activities of VNS Industries are manufacturing and trade. In detail, this covers metal and metal products and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of VNS Industries Private Limited, buy the company report.
Financials of VNS Industries Private Limited
FY 2025 filings availableVNS Industries Private Limited reported revenue of ₹288.02 Cr (down 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 7% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 14%. 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 |
|---|---|---|---|---|---|
| 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 | ₹8.61 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.9 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3% | ||||
| Net Profit Margin | 1.4% | ||||
| 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 | |||||
To see the full financial statements and ratios of VNS Industries Private Limited, buy the company report.
Board of directors of VNS Industries Private Limited
VNS Industries has 5 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jasmine Vipul Gopani Also directs: JVSR Ventures LLP | Director | 01 May 2021 | 5 Years 6 Months | Current |
| Rushil Vipul Gopani Also directs: JVSR Ventures LLP | Director | 01 May 2021 | 5 Years 6 Months | Current |
| Sanjay Jayantilal Parmar | Director | 01 Nov 2021 | 5 Years 0 Months | Current |
| Nagin Chimanlal Gopani | Director | 23 Jun 1999 | 27 Years 4 Months | Current |
| Vipul Mahasukhlal Gopani Also directs: JVSR Ventures LLP, Swastik Decoiling and Fabrication Pvt Ltd, Gopani Developers Private Limited and 1 more | Director | 23 Jun 1999 | 27 Years 4 Months | Current |
Peer comparison
VNS Industries Private Limited is compared with the 8 companies closest to it by revenue in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shree Sita Ispat and Power Private Limited | ₹289.49 Cr (FY 2025) | -39.0% | Raipur, Chhattisgarh, India | |||
| Shiv Real Ispat Private Limited | ₹288.8 Cr (FY 2025) | -12.0% | Raipur, Chhattisgarh, India | |||
| Arya Steels Rolling (India) Private Limited | ₹288.64 Cr (FY 2025) | -20.0% | Margao, Goa, India | |||
| Raipur Forgings Pvt Ltd | ₹288.18 Cr (FY 2024) | -8.0% | Raipur, Chhattisgarh, India | |||
| VNS Industries Private Limitedthis company | ₹288.02 Cr (FY 2025) | ₹3.9 Cr | 1.4% | -7.0% | 65 | Mumbai, Maharashtra, India |
| Yogesh Enterprises Private Limited | ₹287.4 Cr (FY 2025) | -5.0% | Nagpur, Maharashtra, India | |||
| Hariom Ingots and Power Private Limited | ₹286.97 Cr (FY 2025) | -19.0% | Durg, Chhattisgarh, India | |||
| Shree Nakoda Pipe Impex Private Limited | ₹286.94 Cr (FY 2024) | 60.0% | Raipur, Chhattisgarh, India | |||
| Scania Steels & Powers Limited | ₹286.37 Cr (FY 2024) | -8.0% | Raigarh, Chhattisgarh, India |
To see the full peer comparison of VNS Industries Private Limited, buy the company report.
Auditor
VNS Industries Private Limited is audited by Vinod S. Mehta & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Vinod S. Mehta & Co. | FY 2023 | 111524W |
Shareholding
The shareholding of VNS Industries 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 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of VNS Industries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Mar 2013 | 10411186 | Hdfc Bank Limited | ₹56.85 Cr | Open | |
| 02 Feb 2010 | 10203519 | Corporation Bank | ₹20 Cr | Satisfied | |
| 06 Nov 2004 | 90145498 | Corporation Bank | ₹4 Cr | Satisfied | |
| 24 Oct 2003 | 80004767 | Corproation Bank | ₹60 Lakh | Satisfied |
To see the full charge records of VNS Industries Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
VNS Industries Private Limited has 38 court cases on record: 32 filed by VNS Industries, 6 filed against it. 6 cases are pending and 32 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 24 | 2 | 5 |
| High courts | 14 | 4 | 1 |
Cases on record (5 of 38)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Aurangabad, Maharashtra | Court case (Reg Dkst) | Filed by the company against M/S. R K Motion Technologies Pvt Ltd | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMONS FOR JUDGT) | Filed by the company against Techcom Precision India Pvt Ltd | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed by the company against M/S. JSR Autocomps Pvt. Ltd. and 2 | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMARY CIVIL SUIT) | Filed by the company against Ms. Techcom Precision India Pvt.Ltd. | Pending |
| Bombay High Court | Company petition | Filed by the company against Consultech Combines Pvt Ltd (Cin No U74210pn2000ptc014700) | Disposed |
To see the full case history of VNS Industries 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
VNS Industries Private Limited has 13 MSME Form 1 returns on record between 2019 and 2024, listing 239 overdue payments to 15 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 15)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of VNS Industries Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
VNS Industries Private Limited has a workforce of 65 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
VNS Industries has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCV6182C2ZC | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of VNS Industries Private Limited, buy the company report.
Recent activity
VNS Industries Private Limited has 9 board changes on record since 1999: 5 appointments and 4 cessations. The latest: Jasmine Vipul Gopani ceased to be Additional Director on 29 Sep 2022.
11 earlier events are in the company report.
Frequently asked questions
VNS Industries is an active private limited company based in Mumbai, Maharashtra, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 23 June 1999 (27+ years old) and is registered under CIN U27110MH1999PTC120489.
VNS Industries has 5 current directors:
- Jasmine Vipul Gopani - Director
- Rushil Vipul Gopani - Director
- Sanjay Jayantilal Parmar - Director
- Nagin Chimanlal Gopani - Director
- Vipul Mahasukhlal Gopani - Director
The latest financial statements of VNS Industries 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 VNS Industries is 27AABCV6182C2ZC, registered in Maharashtra. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of VNS Industries is U27110MH1999PTC120489. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
VNS Industries has 38 court cases on record: 32 filed by the company and 6 filed against it. 6 are pending. Most are in the district courts.
VNS Industries was incorporated on 23 June 1999, making it 27+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of VNS Industries by revenue are Shree Sita Ispat and Power Private Limited, Shiv Real Ispat Private Limited, Arya Steels Rolling (India) Private Limited, Raipur Forgings Pvt Ltd, Yogesh Enterprises Private Limited and 3 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Jasmine Vipul Gopani ceased to be Additional Director on 29 Sep 2022. Rushil Vipul Gopani ceased to be Additional Director on 29 Sep 2022. Sanjay Jayantilal Parmar ceased to be Additional Director on 29 Sep 2022. VNS Industries has 9 board changes on record in total.
VNS Industries has 13 MSME Form 1 returns on record between 2019 and 2024, listing 239 overdue payments to 15 micro and small suppliers. The latest return was filed on 27 May 2024.
VNS Industries can be reached through the website vnssteel.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of VNS Industries is at A – 3217 Marathon Futurex Mafatlal Mills Compound, N.M.Joshi Marg Lower Parel Mumbai – 400 013., Maharashtra, India – 400013.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
