V.S. Finance Ltd.
About V.S. Finance Ltd.
Data last updated:
V.S. Finance Ltd. is a public limited company based in Kolkata, West Bengal, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 24 June 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U51502WB1992PLC055781. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹16.07 Lakh. It is led by directors including Sushil Kumar Agarwal and Vijay Kumar Agarwal.
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 238 B A J C Bose Road, Kolkata, West Bengal, India – 700020.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.97 Lakh, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹50,891 (net margin 12.8%) and EBITDA of ₹70,045 (EBITDA margin 17.7%). Revenue has declined at a compounded annual rate (CAGR) of 64% over three years and 9% over five years.
Court records list 25 cases involving the company, including 7 filed by the company and 18 filed against it; 3 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN history
V.S. Finance has one previous CIN (Corporate Identification Number): U99999WB1992PLC055781. The current CIN is U51502WB1992PLC055781, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51502WB1992PLC055781 | Current |
| U99999WB1992PLC055781 | Previous |
Contact details
V.S. Finance Ltd.'s registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address238 B A J C Bose Road, Kolkata, West Bengal, India – 700020
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of V.S. Finance Ltd., 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
Financials of V.S. Finance Ltd.
FY 2024 filings availableV.S. Finance Ltd. reported revenue of ₹3.97 Lakh (up 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 2% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 9%. EBITDA rose 419% 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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| Total Expenses | |||||
| EBITDA | ₹70,045 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹50,891 | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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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 | 17.7% | ||||
| Net Profit Margin | 12.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of V.S. Finance Ltd., buy the company report.
Board of directors of V.S. Finance Ltd.
V.S. Finance has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sushil Kumar Agarwal Also directs: Viraj Heights LLP, Shree Kuber Products Private Limited, Industrial Associates Thermal Solutions Private Limited and 5 more | Director | 29 Sep 1993 | 33 Years 1 Months | Current |
| Vijay Kumar Agarwal Also directs: Viraj Heights LLP, Industrial Associates Thermal Solutions Private Limited, Navitus Power Solutions Private Limited and 5 more | Director | 20 Sep 1993 | 33 Years 1 Months | Current |
| Rajendra Kumar Vidhawan | Director | 29 Sep 1995 | 31 Years 1 Months | Current |
Peer comparison
V.S. Finance Ltd. is compared with the 4 companies closest to it by revenue in the Real Estate industry (Builders and Developers, Finance), with the same principal business activity (real estate activities on fee or contract basis), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nival Developers Private Limited | ₹3.97 Lakh (FY 2025) | -50.0% | Mumbai, Maharashtra, India | |||
| Camerton Real Estate Private Limited | ₹3.97 Lakh (FY 2025) | -24.0% | Kolkata, West Bengal, India | |||
| Jagdish Developers and Colonizers Private Limited | ₹3.97 Lakh (FY 2025) | 1.0% | Neemuch, Madhya Pradesh, India | |||
| V.S. Finance Ltd.this company | ₹3.97 Lakh (FY 2025) | ₹50,891 | 12.8% | 2.0% | Kolkata, West Bengal, India | |
| Coral Reefs Devcon Private Limited | ₹3.96 Lakh (FY 2024) | -99.0% | Indore, Madhya Pradesh, India |
To see the full peer comparison of V.S. Finance Ltd., buy the company report.
Auditor
V.S. Finance Ltd. is audited by D.K.MITTAL &CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D.K.MITTAL &CO | FY 2023 | 007727C |
Shareholding
The shareholding of V.S. Finance Ltd. 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 V.S. Finance Ltd., buy the company report.
Legal cases
V.S. Finance Ltd. has 25 court cases on record: 7 filed by V.S. Finance, 18 filed against it. 3 cases are pending and 22 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 18 | 17 | 2 |
| District courts | 7 | 1 | 1 |
Cases on record (5 of 25)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Appeal | Filed against the company by United India Insurance Co. Ltd. | Disposed |
| District court, SHIVAMOGGA, Karnataka | Criminal complaint | Filed against the company by M/S Polite Enterprises, Rept by Its Prop. B.R.Ramachandrappa S/O B.Ramaiah | Pending |
| High Court, ANDHRAPRADESH | Court case (TREVC) | Filed against the company by an individual | Pending |
| High Court, TAMIL NADU | Court case (WVMP) | Filed against the company by Margadarsi Chit Fund | Pending |
| Allahabad High Court | Court case (WTAX) | Filed by the company against Chief Commissioner of Income Tax Allahabad and 2 Others | Disposed |
To see the full case history of V.S. Finance Ltd., 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
No delayed payments to MSME suppliers are on our record for V.S. Finance Ltd.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
V.S. Finance has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of V.S. Finance Ltd., buy the company report.
Recent activity
V.S. Finance Ltd. has 4 board changes on record since 1993: 3 appointments and 1 cessation. The latest: Atul Kumar Didwania ceased to be Director on 28 Aug 2013.
Frequently asked questions
V.S. Finance is an active public limited company based in Kolkata, West Bengal, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 24 June 1992 (34+ years old) and is registered under CIN U51502WB1992PLC055781.
V.S. Finance has 3 current directors:
- Sushil Kumar Agarwal - Director
- Vijay Kumar Agarwal - Director
- Rajendra Kumar Vidhawan - Director
The latest financial statements of V.S. Finance 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.
No. V.S. Finance has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of V.S. Finance is U51502WB1992PLC055781. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
V.S. Finance has 25 court cases on record: 7 filed by the company and 18 filed against it. 3 are pending. Most are in the high courts.
V.S. Finance was incorporated on 24 June 1992, making it 34+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of V.S. Finance by revenue are Nival Developers Private Limited, Camerton Real Estate Private Limited, Jagdish Developers and Colonizers Private Limited, Coral Reefs Devcon Private Limited, all in the Real Estate industry (Builders and Developers, Finance), with the same principal business activity (real estate activities on fee or contract basis).
Atul Kumar Didwania ceased to be Director on 28 Aug 2013. Rajendra Kumar Vidhawan was appointed as Director on 29 Sep 1995. Sushil Kumar Agarwal was appointed as Director on 29 Sep 1993. V.S. Finance has 4 board changes on record in total.
The registered office of V.S. Finance is at 238 B A J C Bose Road, Kolkata, West Bengal, India – 700020.
V.S. Finance operates in the real estate and construction industry, in the real estate builders and developers segment.
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