MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-29-0001457
VRC Projects Private Limited
VRC Projects Private Limited - infrastructure and utilities in Gandhinagar, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹36.48 Cr
▲ 48% YoY
Net profit · FY 2025
₹1.42 Cr
Net margin 3.9%
EBITDA · FY 2025
₹3.93 Cr
EBITDA margin 10.8%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Open charges
₹32.02 Cr
Satisfied ₹5.75 Cr
Company age
5 yrs
Est. 2021
Employees · EPFO
10
Provident fund records
About VRC Projects Private Limited
Data last updated:
VRC Projects Private Limited is a private limited company based in Gandhinagar, Gujarat, India. It operates in the road and bridge construction segment of the infrastructure and utilities sector. It was incorporated on 10 June 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45202GJ2021PTC123211. Its GSTIN is 24AAICV1093M1ZZ (Gujarat). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Sima Vajshi Chavada and Vajasee Ramasee Chavda.
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 Gandhinagar, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹36.48 Cr, a growth of 48% compared to the previous year. For the same year it recorded a net profit of ₹1.42 Cr (net margin 3.9%) and EBITDA of ₹3.93 Cr (EBITDA margin 10.8%). Revenue has grown at a compounded annual rate (CAGR) of 72% over three years.
The company has about 10 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹32.02 Cr and satisfied charges of ₹5.75 Cr on record.
VRC Projects Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-29-0001457).
Company details
CIN U45202GJ2021PTC123211
Registration Number 123211
Incorporation Date 10 June 2021
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Small
Udyam Registration UDYAM-GJ-29-0001457
Recognitions & Rankings of VRC Projects
Contact details
VRC Projects Private Limited's registered office is in Gandhinagar, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address816 Shreeji Signatures Opp. Aashka Hospital, Sargasan, Gandhinagar, Gujarat, India – 382421
- IndustryInfrastructure and Utilities, Road & Bridge Construction
To see the full contact details of VRC Projects Private Limited, buy the company report.
Comprehensive company report
VRC Projects Private Limited - one report that includes everything
- 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
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Secure checkout · GST invoice included
Business activity
The main business activity of VRC Projects is construction. In detail, this covers roads, railways, utility projects.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F2 | Roads, railways, Utility projects |
To see the full business activity and turnover split of VRC Projects Private Limited, buy the company report.
Financials of VRC Projects Private Limited
FY 2025 filings availableVRC Projects Private Limited reported revenue of ₹36.48 Cr (up 48% YoY) for FY 2025.
Revenue · FY 2025
₹36.48 Cr ▲ 48%
Net profit · FY 2025
₹1.42 Cr margin 3.9%
EBITDA · FY 2025
₹3.93 Cr margin 10.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 48%
3 years · compounded
▲ 72%
EBITDA CAGR growth
1 year
▲ 93%
3 years · compounded
▲ 120%
Revenue has grown at a compounded annual rate (CAGR) of 72% over three years, including 48% growth in the latest year. EBITDA rose 93% 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 |
|---|---|---|---|---|
| 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 | ₹3.93 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹1.42 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 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 10.8% | |||
| Net Profit Margin | 3.9% | |||
| 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 VRC Projects Private Limited, buy the company report.
Board of directors of VRC Projects Private Limited
VRC Projects has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sima Vajshi Chavada | Director | 10 Jun 2021 | 5 Years 4 Months | Current |
| Vajasee Ramasee Chavda | Director | 10 Jul 2023 | 3 Years 3 Months | Current |
Auditor
VRC Projects Private Limited is audited by N K Piprotar & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N K Piprotar & Co. | FY 2023 | 0152176W |
Shareholding
The shareholding of VRC Projects Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of VRC Projects Private Limited, buy the company report.
Charges & borrowings
Open charges
₹32.02 Cr
Satisfied charges
₹5.75 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Dec 2025 | 101211851 | Others | ₹9 Cr | Open | |
| 11 Nov 2025 | 101192539 | Others | ₹91.72 Lakh | Open | |
| 03 Oct 2025 | 101167410 | Others | ₹3.23 Cr | Open | |
| 03 Sep 2025 | 101156570 | Others | ₹48.96 Lakh | Open | |
| 01 Aug 2025 | 101133444 | Hdfc Bank Limited | ₹2.14 Cr | Open |
To see the full charge records of VRC Projects Private Limited, buy the company report.
Total charge records: 20 View all charges
Legal cases
No court or tribunal cases involving VRC Projects 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 VRC Projects Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
VRC Projects Private Limited has a workforce of 10 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
10
Active EPFO establishments
1
Employee growth
25%
GST
VRC Projects has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAICV1093M1ZZ | Gujarat | Active | 11 Jul 2021 |
| 27AAICV1093M1ZT | Maharashtra | Active | 21 Aug 2021 |
To see the full GST registrations and return filing status of VRC Projects Private Limited, buy the company report.
Recent activity
VRC Projects Private Limited has 5 board changes on record since 2021: 2 appointments and 3 cessations. The latest: Vajasee Ramasee Chavda was appointed as Director on 10 Jul 2023.
Charges
A charge with Others of Rs. 900.00 Lakh registered on 17 Dec 2025 with Charge ID 101211851 was modified on 30 Dec 2025.
Charges
A charge with Others amounted to Rs. 900.00 Lakh with Charge ID 101211851 was registered on 17 Dec 2025.
Charges
A charge with Others amounted to Rs. 91.72 Lakh with Charge ID 101192539 was registered on 11 Nov 2025.
Charges
A charge with Others amounted to Rs. 322.53 Lakh with Charge ID 101167410 was registered on 03 Oct 2025.
AGM
Vrc Projects Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 48.96 Lakh with Charge ID 101156570 was registered on 03 Sep 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 213.78 Lakh with Charge ID 101133444 was registered on 01 Aug 2025.
Charges
A charge with Others amounted to Rs. 37.22 Lakh with Charge ID 101112331 was registered on 19 Jun 2025.
Charges
A charge with Others amounted to Rs. 950.00 Lakh with Charge ID 101090165 was registered on 06 May 2025.
Charges
A charge registered on 20 Mar 2024 via Charge ID 100916822 with Others was fully satisfied on 23 Apr 2025.
Filing
Vrc Projects Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 110.05 Lakh with Charge ID 101050293 was registered on 28 Jan 2025.
20 earlier events are in the company report.
Frequently asked questions
VRC Projects is an active private limited company based in Gandhinagar, Gujarat, India. The company works in road and bridge construction, within the infrastructure and utilities industry. It was incorporated on 10 June 2021 (5+ years old) and is registered under CIN U45202GJ2021PTC123211.
VRC Projects has 2 current directors:
- Sima Vajshi Chavada - Director
- Vajasee Ramasee Chavda - Director
The latest financial statements of VRC Projects 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 FY 2022 are in the company report.
The GSTIN of VRC Projects is 24AAICV1093M1ZZ, registered in Gujarat. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 27AAICV1093M1ZT (Maharashtra).
The CIN (Corporate Identification Number) of VRC Projects is U45202GJ2021PTC123211. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
VRC Projects was incorporated on 10 June 2021, making it 5+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Vajasee Ramasee Chavda was appointed as Director on 10 Jul 2023. Vipul Goriya ceased to be Additional Director on 30 Sep 2022. Ghelabhai Nagabhai Nandaniya ceased to be Additional Director on 30 Jul 2022. VRC Projects has 5 board changes on record in total.
Yes, VRC Projects is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-29-0001457).
The registered office of VRC Projects is at 816 Shreeji Signatures Opp. Aashka Hospital, Sargasan, Gandhinagar, Gujarat, India – 382421.
VRC Projects operates in the infrastructure and utilities industry, in the road and bridge construction segment.
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