- Category
- Medium (2024-25)
- Udyam number
- UDYAM-AP-02-0006569

About VRV Asia Pacific Private Limited
Data last updated:
VRV Asia Pacific Private Limited is a private limited company based in Sricity, Andhra Pradesh, India, a subsidiary of Vrv S.R.L. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 02 August 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U28100AP2007PTC103910. Its GSTIN is 36AACCV7045F1ZB (Telangana).
The company has an authorised share capital of ₹125 Cr and a paid-up capital of ₹96.56 Cr. It was formerly known as Vrv India Cryogenic Equipment Private Limited. It is led by directors including Alessandro Spada and Federico Spada.
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 220 Pelto Way Sricity – Dtz, Andhra Pradesh, India – 517646.
As per the financials filed for FY 2025, the company reported a revenue of ₹214.52 Cr, a decline of 20% compared to the previous year. For the same year it recorded a net loss of ₹3.25 Cr (net margin -1.5%) and EBITDA of ₹13.62 Cr (EBITDA margin 6.3%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 17% over five years.
The company has about 312 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹105 Cr and satisfied charges of ₹20.82 Cr on record. Court records list 15 cases involving the company, including 14 filed by the company and 1 filed against it; 1 case is pending. The company has 7 deals on record (3 funding rounds, 2 rights issues, 2 secondary share transfers), with disclosed funding of ₹31.03 Cr; the latest was in October 2024. The company has 13 MSME Form 1 returns on record between 2019 and 2024, listing 797 overdue payments to 180 micro and small suppliers.
VRV Asia Pacific Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-AP-02-0006569). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vrv.com.
Company details
CIN history
VRV Asia Pacific has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U28100AP2007PTC103910, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U28100AP2007PTC103910 | Current |
| U29200TG2007PTC054966 | Previous |
| U29200AP2007PTC054966 | Previous |
| U29200AP2007PTC103910 | Previous |
Recognitions & Rankings of VRV Asia Pacific
Contact details
VRV Asia Pacific Private Limited's registered office is in Sricity, Andhra Pradesh. Its website is vrv.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address220 Pelto Way Sricity – Dtz, Andhra Pradesh, India – 517646
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of VRV Asia Pacific 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 activities of VRV Asia Pacific are manufacturing and support service to organizations. In detail, this covers metal and metal products and other support services to organizations. 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 | |
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of VRV Asia Pacific Private Limited, buy the company report.
Financials of VRV Asia Pacific Private Limited
FY 2024 filings availableVRV Asia Pacific Private Limited reported revenue of ₹214.52 Cr (down 20% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 20% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 17%. EBITDA fell 53% 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 | ₹13.62 Cr | ||||
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| Net Profit (PAT) | -₹3.25 Cr | ||||
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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 | 6.3% | ||||
| Net Profit Margin | -1.5% | ||||
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To see the full financial statements and ratios of VRV Asia Pacific Private Limited, buy the company report.
Board of directors of VRV Asia Pacific Private Limited
VRV Asia Pacific has 5 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Alessandro Spada Also directs: E-Matica Data Analytics India Private Limited | Director | 02 Aug 2007 | 19 Years 2 Months | Current |
| Federico Spada Also directs: E-Matica Data Analytics India Private Limited | Director | 02 Aug 2007 | 19 Years 2 Months | Current |
| Jillian Harris Case | Director | 06 Mar 2019 | 7 Years 7 Months | Current |
| Prasenjit Chattopadhyay Also directs: Howden Air and Gas India Private Limited | Director | 07 Aug 2025 | 1 Years 2 Months | Current |
| Parvesh Mittal | Director | 14 Mar 2024 | 2 Years 7 Months | Current |
Auditor
VRV Asia Pacific Private Limited is audited by S K R and Company LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S K R and Company LLP | FY 2023 | 012586S/S200003 |
Shareholding
The shareholding of VRV Asia Pacific 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 VRV Asia Pacific Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Feb 2015 | 10553061 | Hdfc Bank Limited | ₹40 Cr | Open | |
| 23 Dec 2014 | 100143950 | Hdfc Bank Limited | ₹40 Cr | Open | |
| 04 Dec 2014 | 10552860 | Others | ₹25 Cr | Open | |
| 30 Jan 2020 | 100325837 | State Bank of India | ₹82 Lakh | Satisfied | |
| 06 Jun 2018 | 100195034 | Others | ₹5 Cr | Satisfied |
To see the full charge records of VRV Asia Pacific Private Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
VRV Asia Pacific Private Limited has 7 deals on record (3 funding rounds, 2 rights issues, 2 secondary share transfers), with disclosed funding of ₹31.03 Cr; the latest was in October 2024.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2024 | Secondary share transfer | Undisclosed | Buyer: Chart Italy Holdings SRL, an individual Seller: Vrv Services S.r.l |
| Mar 2021 | Rights issue | ₹51.07 Cr | Investors: an individual |
| Nov 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Dec 2017 | Rights issue | ₹2.66 Cr | Investors: an individual |
| Jun 2013 | Funding round | ₹10.21 Cr | Investors: an individual |
To see the full deal history of VRV Asia Pacific Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
VRV Asia Pacific Private Limited has 15 court cases on record: 14 filed by VRV Asia Pacific, 1 filed against it. 1 case is pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 8 | 0 | 1 |
| District courts | 7 | 1 | 0 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Court case (COS) | Filed by the company against Utc Overseas (India) Pvt Ltd | Disposed |
| District court, Chennai, Tamil Nadu | Civil suit | Filed by the company against Utc Overseas (India) Pvt Ltd | Disposed |
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed against the company by Ms Satrac Engineering Pvt Ltd | Disposed |
| High Court, ANDHRAPRADESH | Writ petition | Filed by the company against Union of India Ministry of Finance | Pending |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against Union of India Rep. by Its and 2 others | Disposed |
To see the full case history of VRV Asia Pacific 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
VRV Asia Pacific Private Limited has 13 MSME Form 1 returns on record between 2019 and 2024, listing 797 overdue payments to 180 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 180)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Apex's Engineering Solutions | |||
| A.V. Industries | |||
| an individual supplier | |||
| Metlord Alloys Private Limited | |||
| an individual supplier |
To see the full MSME payment records of VRV Asia Pacific Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
VRV Asia Pacific has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Employees & EPFO
VRV Asia Pacific Private Limited has a workforce of 312 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
VRV Asia Pacific has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AACCV7045F1ZB | Telangana | Active | 17 Apr 2020 |
To see the full GST registrations and return filing status of VRV Asia Pacific Private Limited, buy the company report.
Recent activity
VRV Asia Pacific Private Limited has 21 board changes on record since 2007: 13 appointments and 8 cessations. The latest: Prasenjit Chattopadhyay was appointed as Director on 07 Aug 2025.
26 earlier events are in the company report.
Frequently asked questions
VRV Asia Pacific is an active private limited company based in Sricity, Andhra Pradesh, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 02 August 2007 (19+ years old) and is registered under CIN U28100AP2007PTC103910.
VRV Asia Pacific has 5 current directors:
- Alessandro Spada - Director
- Federico Spada - Director
- Jillian Harris Case - Director
- Prasenjit Chattopadhyay - Director
- Parvesh Mittal - Director
The latest financial statements of VRV Asia Pacific 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 VRV Asia Pacific is 36AACCV7045F1ZB, registered in Telangana.
The CIN (Corporate Identification Number) of VRV Asia Pacific is U28100AP2007PTC103910. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
VRV Asia Pacific has 15 court cases on record: 14 filed by the company and 1 filed against it. 1 is pending. Most are in the high courts.
VRV Asia Pacific was incorporated on 02 August 2007, making it 19+ years old. It is registered with the Registrar of Companies, Vijayawada.
VRV Asia Pacific has 7 deals on record (3 funding rounds, 2 rights issues, 2 secondary share transfers), with disclosed funding of ₹31.03 Cr; the latest was in October 2024.
Prasenjit Chattopadhyay was appointed as Director on 07 Aug 2025. Thirumurugan Duraisamy ceased to be Director on 18 Dec 2024. Ghanashyam Laxmikant Rangnekar ceased to be Managing Director on 16 Mar 2024. VRV Asia Pacific has 21 board changes on record in total.
Yes, VRV Asia Pacific is registered as a medium enterprise under Udyam registration (number: UDYAM-AP-02-0006569).
VRV Asia Pacific has 13 MSME Form 1 returns on record between 2019 and 2024, listing 797 overdue payments to 180 micro and small suppliers. The latest return was filed on 27 May 2024.

