About VS Omnitrade India Private Limited
Data last updated:
VS Omnitrade India Private Limited is a private limited company based in Thane, Maharashtra, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the food and beverage distribution segment of the food and beverages sector. It was incorporated on 24 June 2011.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U52590MH2011PTC219047. Its GSTIN is 36AAHCM3096J1Z3 (Telangana). The company holds 7 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Vs Kart Trade Private Limited and Vs Multikart Private Limited. It is led by directors Mihir Deepak Mehta and Vandana Mehta Mihir.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 301 3rd Floor Nitco Biz Park Plot No. C/19 Road No.16/U Wagle Estate, Thane, Maharashtra, India – 400604.
As per the financials filed for FY 2018, the company reported a revenue of ₹9.75 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.95 Lakh (net margin 20%) and EBITDA of ₹1.95 Lakh (EBITDA margin 20%). Revenue has grown at a compounded annual rate (CAGR) of 302% over three years.
The company has about 13 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹7.58 Cr on record. Court records list 21 cases involving the company, including 21 filed against it; 10 cases are pending.
The last known website on record is vsoipl.com.
Company details
Name history
VS Omnitrade India has undergone 7 name changes throughout its history. The current legal name is Vs Omnitrade India Private Limited.
| Company Name | Status |
|---|---|
| VS Omnitrade India Private Limited | Current |
| Vs Kart Trade Private Limited | Previous |
| Vs Multikart Private Limited | Previous |
| Vs Omnitrade Private Limited | Previous |
| Vs Omnikart Private Limited | Previous |
| Mehta Tradex Private Limited | Previous |
| V S Supplies Private Limited | Previous |
| Vs Multitrade Private Limited | Previous |
Contact details
VS Omnitrade India Private Limited's registered office is in Thane, Maharashtra. Its website is vsoipl.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address301 3rd Floor Nitco Biz Park Plot No. C/19 Road No.16/U Wagle Estate, Thane, Maharashtra, India – 400604
- IndustryFood and Beverages, Food & Beverage Retail & Distribution
To see the full contact details of VS Omnitrade 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 VS Omnitrade India is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of VS Omnitrade India Private Limited, buy the company report.
Financials of VS Omnitrade India Private Limited
FY 2018 filings availableVS Omnitrade India Private Limited reported revenue of ₹9.75 Lakh (up 3206% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 302% over three years. 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹9.75 Lakh | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹1.95 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹1.95 Lakh | |||
| 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 20% | |||
| Net Profit Margin | 20% | |||
| 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 VS Omnitrade India Private Limited, buy the company report.
Board of directors of VS Omnitrade India Private Limited
VS Omnitrade India has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mihir Deepak Mehta | Director | 24 Jun 2011 | 15 Years 4 Months | As last reported |
| Vandana Mehta Mihir | Director | 24 Jun 2011 | 15 Years 4 Months | As last reported |
Peer comparison
VS Omnitrade India Private Limited is compared with the 5 companies closest to it by revenue in the Food and Beverages industry (Food and Beverages Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sathi Oil Products Private Limited | ₹9.77 Lakh (FY 2024) | -60.0% | Midnapore, West Bengal, India | |||
| Cadfin Tech Private Limited | ₹9.76 Lakh (FY 2024) | 237.0% | Delhi, India | |||
| VS Omnitrade India Private Limitedthis company | ₹9.75 Lakh (FY 2018) | ₹1.95 Lakh | 20% | 3206.0% | 13 | Thane, Maharashtra, India |
| Mandal Agro Farmer Producer Company Limited | ₹9.7 Lakh (FY 2024) | 1685.0% | Bhagalpur, Bihar, India | |||
| Albino Vincom Private Limited | ₹9.66 Lakh (FY 2023) | -1.0% | Kolkata, West Bengal, India | |||
| Siya Infra & Services Private Limited | ₹9.66 Lakh (FY 2022) | -99.0% | Patna, Bihar, India |
To see the full peer comparison of VS Omnitrade India Private Limited, buy the company report.
Auditor
VS Omnitrade India Private Limited is audited by MADKHOLKAR BHAVE CHITALE & ASSOCIATES LLP for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MADKHOLKAR BHAVE CHITALE & ASSOCIATES LLP | FY 2018 | 116455W |
Shareholding
The shareholding of VS Omnitrade India Private Limited is on record for 2 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of VS Omnitrade India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Dec 2017 | 100144314 | Others | ₹7.58 Cr | Open |
To see the full charge records of VS Omnitrade India Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
VS Omnitrade India Private Limited has 21 court cases on record: 21 filed against it. 10 cases are pending and 11 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 16 | 16 | 7 |
| High courts | 4 | 4 | 3 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 21)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary case) | Filed against the company by Inland Financial Services Pvt.Ltd. | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by Perfetti Van Melle India Pvt Ltd. Thrugh Anand Tiwari | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Neogrowth Credit Pvt. Ltd. | Pending |
| Bombay High Court | Court case (IPA) | Filed against the company by Tata Capital Financial Services Ltd. | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Tata Capital Financial Services Ltd. | Pending |
To see the full case history of VS Omnitrade India 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
No delayed payments to MSME suppliers are on our record for VS Omnitrade India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
VS Omnitrade India Private Limited has a workforce of 13 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
VS Omnitrade India has 7 GST registrations: 1 active and 6 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAHCM3096J1Z3 | Telangana | Active | 04 Aug 2018 |
To see the full GST registrations and return filing status of VS Omnitrade India Private Limited, buy the company report.
Recent activity
VS Omnitrade India Private Limited has 2 board changes on record since 2011: 2 appointments. The latest: Mihir Deepak Mehta was appointed as Director on 24 Jun 2011.
Frequently asked questions
VS Omnitrade India is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
VS Omnitrade India is a company under insolvency, formerly operating as a private limited company based in Thane, Maharashtra, India. The company works in food and beverage retail and distribution, within the food and beverages industry. It was incorporated on 24 June 2011 and is registered under CIN U52590MH2011PTC219047. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
VS Omnitrade India has 2 current directors:
- Mihir Deepak Mehta - Director
- Vandana Mehta Mihir - Director
The latest financial statements of VS Omnitrade India on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of VS Omnitrade India is U52590MH2011PTC219047. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
VS Omnitrade India has open charges of ₹7.58 Cr and no satisfied charges on record as per latest MCA filings.
VS Omnitrade India has 21 court cases on record: 21 filed against it. 10 are pending. Most are in the district courts.
VS Omnitrade India was incorporated on 24 June 2011. It is registered with the Registrar of Companies, Mumbai.
The peers of VS Omnitrade India by revenue are Sathi Oil Products Private Limited, Cadfin Tech Private Limited, Mandal Agro Farmer Producer Company Limited, Albino Vincom Private Limited, Siya Infra & Services Private Limited, all in the Food and Beverages industry (Food and Beverages Retail and Distribution), with the same principal business activity (wholesale trading).
Mihir Deepak Mehta was appointed as Director on 24 Jun 2011. Vandana Mehta Mihir was appointed as Director on 24 Jun 2011.
VS Omnitrade India can be reached through the website vsoipl.com. Its registered office is in Thane, Maharashtra, India.