Vrishank Research Private Limited
About Vrishank Research Private Limited
Data last updated:
Vrishank Research Private Limited is a private limited company based in Vapi, Gujarat, India. It operates in the dyes and pigments segment of the chemicals and materials sector. It was incorporated on 19 December 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24297GJ2019PTC111516. Its GSTIN is 24AAHCV2256P1ZV (Gujarat).
The company has an authorised share capital of ₹3.16 Cr and a paid-up capital of ₹3.16 Cr. It is led by directors Pratik Mukesh Shah and Vivek Tulsibhai Patel.
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 Plot No 797/2 40 Shed GIDC Vapi, Gujarat, India – 396195.
As per the financials filed for FY 2025, the company reported a revenue of ₹30.65 Lakh, a decline of 63% compared to the previous year. For the same year it recorded a net loss of ₹17.87 Lakh (net margin -58.3%) and EBITDA of -₹14.45 Lakh (EBITDA margin -47.1%).
As per MCA filings, the company has open charges of ₹29.92 Cr on record.
Company details
Contact details
Vrishank Research Private Limited's registered office is in Vapi, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No 797/2 40 Shed GIDC Vapi, Gujarat, India – 396195
- IndustryChemicals and Materials, Dyes & Pigments, Colorants
To see the full contact details of Vrishank Research 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 Vrishank Research is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Vrishank Research Private Limited, buy the company report.
Financials of Vrishank Research Private Limited
FY 2024 filings availableVrishank Research Private Limited reported revenue of ₹30.65 Lakh (down 63% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 63% in the latest year. EBITDA fell 632% in the latest 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 | -₹14.45 Lakh | ||||
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| Net Profit (PAT) | -₹17.87 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -47.1% | ||||
| Net Profit Margin | -58.3% | ||||
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To see the full financial statements and ratios of Vrishank Research Private Limited, buy the company report.
Board of directors of Vrishank Research Private Limited
Vrishank Research has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pratik Mukesh Shah Also directs: Kleo Infra LLP | Director | 01 Jun 2022 | 4 Years 5 Months | Current |
| Vivek Tulsibhai Patel Also directs: Shiv Shakti Pharma Care Private Limited, Biochemia Private Limited | Director | 19 Dec 2019 | 6 Years 10 Months | Current |
Peer comparison
Vrishank Research Private Limited is compared with the 3 companies closest to it by revenue in the Chemicals industry (Dyes and Pigments), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vatsa Chemicals Private Limited | ₹33.65 Lakh (FY 2025) | 11.0% | Bhiwadi, Rajasthan, India | |||
| Vrishank Research Private Limitedthis company | ₹30.65 Lakh (FY 2025) | -₹17.87 Lakh | -58.3% | -63.0% | Vapi, Gujarat, India | |
| Amron Fillers Private Limited | ₹28.09 Lakh (FY 2025) | 38.0% | Ahmedabad, Gujarat, India | |||
| Shukla Industries Private Limited | ₹26.48 Lakh (FY 2021) | 155.0% | Vadodara, Gujarat, India |
To see the full peer comparison of Vrishank Research Private Limited, buy the company report.
Auditor
Vrishank Research Private Limited is audited by M. I. SHAH & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M. I. SHAH & CO. | FY 2023 | 106342 |
Shareholding
The shareholding of Vrishank Research Private Limited is on record for 4 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 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Vrishank Research Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 May 2024 | 100925599 | Others | ₹14.96 Cr | Open | |
| 13 May 2024 | 100926065 | Others | ₹14.96 Cr | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Vrishank Research 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 Vrishank Research Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vrishank Research has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAHCV2256P1ZV | Gujarat | Active | 27 May 2020 |
To see the full GST registrations and return filing status of Vrishank Research Private Limited, buy the company report.
Recent activity
Vrishank Research Private Limited has 3 board changes on record since 2019: 2 appointments and 1 cessation. The latest: Vimi Vivek Patel ceased to be Director on 13 Sep 2023.
Frequently asked questions
Vrishank Research is an active private limited company based in Vapi, Gujarat, India. The company works in dyes and pigments, within the chemicals and materials industry. It was incorporated on 19 December 2019 (7+ years old) and is registered under CIN U24297GJ2019PTC111516.
Vrishank Research has 2 current directors:
- Pratik Mukesh Shah - Director
- Vivek Tulsibhai Patel - Director
The latest financial statements of Vrishank Research 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 FY 2020 are in the company report.
The GSTIN of Vrishank Research is 24AAHCV2256P1ZV, registered in Gujarat.
The CIN (Corporate Identification Number) of Vrishank Research is U24297GJ2019PTC111516. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vrishank Research was incorporated on 19 December 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Vrishank Research by revenue are Vatsa Chemicals Private Limited, Amron Fillers Private Limited, Shukla Industries Private Limited, all in the Chemicals industry (Dyes and Pigments), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Vimi Vivek Patel ceased to be Director on 13 Sep 2023. Pratik Mukesh Shah was appointed as Director on 01 Jun 2022. Vivek Tulsibhai Patel was appointed as Director on 19 Dec 2019.
The registered office of Vrishank Research is at Plot No 7972 40 Shed GIDC Vapi, Gujarat, India – 396195.
Vrishank Research operates in the chemicals and materials industry, in the dyes and pigments segment.
Vrishank Research has open charges of ₹29.92 Cr and no satisfied charges on record as per latest MCA filings.
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