MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-23-0104445
VSG Research Private Limited
VSG Research Private Limited - healthcare in Nashik, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹31.45 Lakh
▲ 538% YoY
Net profit · FY 2024
₹5.85 Lakh
Net margin 18.6%
EBITDA · FY 2024
₹5.99 Lakh
EBITDA margin 19.1%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹10,000
Issued & subscribed
Company age
4 yrs
Est. 2022
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
About VSG Research Private Limited
Data last updated:
VSG Research Private Limited is a private limited company based in Nashik, Maharashtra, India. It operates in the preventive healthcare segment of the healthcare sector. It was incorporated on 09 September 2022.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U85190MH2022PTC390208. Its GSTIN is 27AAICV9740M1ZJ (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹10,000. It is led by directors including Rahul Rajendra Jain and Vaibhav Subhash Gulecha.
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 Flat No 02 Shri Ganesh Hight P/No 87 Sr No 799 Chowk No 04 Govind Nager 422009, Nashik, Maharashtra, India – 422009.
As per the financials filed for FY 2024, the company reported a revenue of ₹31.45 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹5.85 Lakh (net margin 18.6%) and EBITDA of ₹5.99 Lakh (EBITDA margin 19.1%).
VSG Research Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-23-0104445). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U85190MH2022PTC390208
Registration Number 390208
Incorporation Date 09 September 2022
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-23-0104445
Key People
Rahul Rajendra Jain Director Vaibhav Subhash Gulecha Director Sonali Vaibhav Gulecha Director Recognitions & Rankings of VSG Research
Contact details
VSG Research Private Limited's registered office is in Nashik, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFlat No 02 Shri Ganesh Hight P/No 87 Sr No 799 Chowk No 04 Govind Nager 422009, Nashik, Maharashtra, India – 422009
- IndustryHealthcare, Preventive Health Services
To see the full contact details of VSG Research Private Limited, buy the company report.
Comprehensive company report
VSG Research 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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Business activity
The main business activity of VSG Research is hospital and medical care. In detail, this covers other hospital and medical care activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| Q | Hospital and Medical Care | Q6 | Other Hospital and Medical Care Activities |
To see the full business activity and turnover split of VSG Research Private Limited, buy the company report.
Financials of VSG Research Private Limited
FY 2025 filings availableVSG Research Private Limited reported revenue of ₹31.45 Lakh (up 538% YoY) for FY 2024.
Revenue · FY 2024
₹31.45 Lakh ▲ 538%
Net profit · FY 2024
₹5.85 Lakh margin 18.6%
EBITDA · FY 2024
₹5.99 Lakh margin 19.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 538%
EBITDA CAGR growth
1 year
▲ 847%
Revenue rose 538% in the latest year. EBITDA rose 847% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| 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 | ₹5.99 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹5.85 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 2023-24 | FY 2022-23 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 19.1% | |
| Net Profit Margin | 18.6% | |
| 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 VSG Research Private Limited, buy the company report.
Board of directors of VSG Research Private Limited
VSG Research has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rahul Rajendra Jain Also directs: VSG Life Sciences LLP, Arham Research and Training Centre LLP | Director | 09 Sep 2022 | 4 Years 1 Months | Current |
| Vaibhav Subhash Gulecha Also directs: VSG Life Sciences LLP, Clinicare Data Solution LLP | Director | 09 Sep 2022 | 4 Years 1 Months | Current |
| Sonali Vaibhav Gulecha Also directs: VSG Life Sciences LLP | Director | 15 Dec 2025 | 0 Years 10 Months | Current |
Peer comparison
VSG Research Private Limited is compared with the 3 companies closest to it by revenue in the Healthcare industry (Preventive Healthcare Services), with the same principal business activity (other hospital and medical care activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| North Delhi Diabetes Centre Private Limited | ₹31.71 Lakh (FY 2025) | 105.0% | Delhi, India | |||
| VSG Research Private Limitedthis company | ₹31.45 Lakh (FY 2024) | ₹5.85 Lakh | 18.6% | 538.0% | Nashik, Maharashtra, India | |
| Le Maitre Diagnostics Private Limited | ₹31.37 Lakh (FY 2025) | -37.0% | Nagpur, Maharashtra, India | |||
| Lifemate Healthcare Private Limited | ₹31.33 Lakh (FY 2024) | Pune, Maharashtra, India |
To see the full peer comparison of VSG Research Private Limited, buy the company report.
Auditor
VSG Research Private Limited is audited by Pandit Bhandari & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Pandit Bhandari & Co | FY 2023 | 0115303W |
Shareholding
The shareholding of VSG Research Private Limited is on record for FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of VSG Research Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving VSG 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 VSG Research Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
VSG Research Private Limited has 1 active EPFO establishment as of Mar 23, 2024.
Active EPFO establishments
1
GST
VSG Research has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICV9740M1ZJ | Maharashtra | Active | 04 Nov 2022 |
To see the full GST registrations and return filing status of VSG Research Private Limited, buy the company report.
Recent activity
VSG Research Private Limited has 3 board changes on record since 2022: 3 appointments. The latest: Sonali Vaibhav Gulecha was appointed as Director on 15 Dec 2025.
Appointed
Sonali Vaibhav Gulecha was appointed as Director.
AGM
Vsg Research Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Vsg Research Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Appointed
Rahul Rajendra Jain was appointed as Director.
Appointed
Vaibhav Subhash Gulecha was appointed as Director.
Incorporation
09 Sep 2022
Vsg Research Private Limited was registered on 09 Sep 2022 with Roc Mumbai & aged 4 years 2 months as per MCA records.
Frequently asked questions
VSG Research is an active private limited company based in Nashik, Maharashtra, India. The company works in preventive health services, within the healthcare industry. It was incorporated on 09 September 2022 (4+ years old) and is registered under CIN U85190MH2022PTC390208.
VSG Research has 3 current directors:
- Rahul Rajendra Jain - Director
- Vaibhav Subhash Gulecha - Director
- Sonali Vaibhav Gulecha - Director
The latest financial statements of VSG Research 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 2023 are in the company report.
The GSTIN of VSG Research is 27AAICV9740M1ZJ, registered in Maharashtra.
The CIN (Corporate Identification Number) of VSG Research is U85190MH2022PTC390208. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
VSG Research was incorporated on 09 September 2022, making it 4+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of VSG Research by revenue are North Delhi Diabetes Centre Private Limited, Le Maitre Diagnostics Private Limited, Lifemate Healthcare Private Limited, all in the Healthcare industry (Preventive Healthcare Services), with the same principal business activity (other hospital and medical care activities).
Sonali Vaibhav Gulecha was appointed as Director on 15 Dec 2025. Rahul Rajendra Jain was appointed as Director on 09 Sep 2022. Vaibhav Subhash Gulecha was appointed as Director on 09 Sep 2022.
Yes, VSG Research is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-23-0104445).
The registered office of VSG Research is at Flat No 02 Shri Ganesh Hight PNo 87 Sr No 799 Chowk No 04 Govind Nager 422009, Nashik, Maharashtra, India – 422009.
VSG Research operates in the healthcare industry, in the preventive health services segment.
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