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About VNS Switchgear (India) Private Limited
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VNS Switchgear (India) Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 02 June 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U31200MH2004PTC146703. Its GSTIN is 27AABCV8862H1ZW (Maharashtra).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It is led by directors Chandrakant Damji Shah and Pritesh Chandrakant Shah.
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 B – 804 8th Floor ‘O2’ Minerva Compound Near Asha Nagar Mulund (West), Mumbai, Maharashtra, India – 400080.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.93 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹60.51 Lakh (net margin 8.7%) and EBITDA of ₹95.59 Lakh (EBITDA margin 13.8%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 6% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹10 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nylexgroup.com.
Company details
Contact details
VNS Switchgear (India) Private Limited's registered office is in Mumbai, Maharashtra. Its website is nylexgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressB – 804 8th Floor ‘O2’ Minerva Compound Near Asha Nagar Mulund (West), Mumbai, Maharashtra, India – 400080
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of VNS Switchgear (India) 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 VNS Switchgear (India) is manufacturing. In detail, this covers manufacture of electrical equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 27 | Manufacture of electrical equipment |
To see the full business activity and turnover split of VNS Switchgear (India) Private Limited, buy the company report.
Financials of VNS Switchgear (India) Private Limited
FY 2025 filings availableVNS Switchgear (India) Private Limited reported revenue of ₹6.93 Cr (up 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 2% growth in the latest year. EBITDA fell 35% 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 | ₹95.59 Lakh | ||||
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| Net Profit (PAT) | ₹60.51 Lakh | ||||
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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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| EBITDA Margin | 13.8% | ||||
| Net Profit Margin | 8.7% | ||||
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To see the full financial statements and ratios of VNS Switchgear (India) Private Limited, buy the company report.
Board of directors of VNS Switchgear (India) Private Limited
VNS Switchgear (India) has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chandrakant Damji Shah | Director | 02 Jun 2004 | 22 Years 4 Months | Current |
| Pritesh Chandrakant Shah | Director | 02 Jun 2004 | 22 Years 4 Months | Current |
Auditor
VNS Switchgear (India) Private Limited is audited by O S S P & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| O S S P & ASSOCIATES | FY 2020 | 136736W |
Shareholding
The shareholding of VNS Switchgear (India) Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of VNS Switchgear (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Aug 2019 | 100284656 | Others | ₹25 Lakh | Satisfied | |
| 22 Feb 2017 | 100082915 | Others | ₹30 Lakh | Satisfied | |
| 22 Jul 2009 | 10171968 | Union Bank of India | ₹4.25 Cr | Satisfied | |
| 24 Dec 2008 | 10135894 | Union Bank of India | ₹1.25 Cr | Satisfied | |
| 20 May 2008 | 10113411 | Union Bank of India | ₹90 Lakh | Satisfied |
To see the full charge records of VNS Switchgear (India) Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
No court or tribunal cases involving VNS Switchgear (India) Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for VNS Switchgear (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
VNS Switchgear (India) Private Limited has a workforce of 1 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
VNS Switchgear (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCV8862H1ZW | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of VNS Switchgear (India) Private Limited, buy the company report.
Recent activity
VNS Switchgear (India) Private Limited has 4 board changes on record since 2004: 2 appointments and 2 cessations. The latest: Aik Kwong Tan ceased to be Director on 05 Nov 2014.
14 earlier events are in the company report.
Frequently asked questions
VNS Switchgear (India) is an active private limited company based in Mumbai, Maharashtra, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 02 June 2004 (22+ years old) and is registered under CIN U31200MH2004PTC146703.
VNS Switchgear (India) has 2 current directors:
- Chandrakant Damji Shah - Director
- Pritesh Chandrakant Shah - Director
The latest financial statements of VNS Switchgear (India) 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 Switchgear (India) is 27AABCV8862H1ZW, registered in Maharashtra.
The CIN (Corporate Identification Number) of VNS Switchgear (India) is U31200MH2004PTC146703. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
VNS Switchgear (India) was incorporated on 02 June 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
Aik Kwong Tan ceased to be Director on 05 Nov 2014. Choon Beng Ang ceased to be Director on 05 Nov 2014. Chandrakant Damji Shah was appointed as Director on 02 Jun 2004. VNS Switchgear (India) has 4 board changes on record in total.
VNS Switchgear (India) can be reached through the website nylexgroup.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of VNS Switchgear (India) is at B – 804 8th Floor ‘O2’ Minerva Compound Near Asha Nagar Mulund West, Mumbai, Maharashtra, India – 400080.
VNS Switchgear (India) operates in the energy and power industry, in the power equipment manufacturers segment.