- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-17-0032643

About V-Sharp Magnet Private Limited
Data last updated:
V-Sharp Magnet Private Limited is a private limited company based in Palghar, Maharashtra, India. It operates in the cable and wire segment of the manufacturing sector. It was incorporated on 26 August 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U27205MH2016PTC285215. Its GSTIN is 27AAFCV5877L1ZI (Maharashtra).
The company has an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹95.13 Lakh. It is led by directors Sanjay Atmaram Sankhe and Prashant Gangaram Sankhe.
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 Anandi Lane At – Pam Boisar West Nawapur, Palghar, Maharashtra, India – 401501.
As per the financials filed for FY 2025, the company reported a revenue of ₹22.12 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹29.54 Lakh (net margin 1.3%) and EBITDA of ₹1.38 Cr (EBITDA margin 6.2%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 43% over five years.
The company is associated with 1 brand: Vsharp Magnet. As per MCA filings, the company has open charges of ₹17.11 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
V-Sharp Magnet Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-17-0032643). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vsharpmagnet.com.
Company details
Recognitions & Rankings of V-Sharp Magnet
Contact details
V-Sharp Magnet Private Limited's registered office is in Palghar, Maharashtra. Its website is vsharpmagnet.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressAnandi Lane At – Pam Boisar West Nawapur, Palghar, Maharashtra, India – 401501
- IndustryManufacturing, Cable & Wire
To see the full contact details of V-Sharp Magnet 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
Brands
V-Sharp Magnet operates one associated brand: Vsharp Magnet. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Production of enameled copper wires and customer-specific industrial products. | vsharpmagnet.com |
Business activity
The main business activity of V-Sharp Magnet is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of V-Sharp Magnet Private Limited, buy the company report.
Financials of V-Sharp Magnet Private Limited
FY 2025 filings availableV-Sharp Magnet Private Limited reported revenue of ₹22.12 Cr (up 17% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 43% over five years, including 17% growth in the latest year. EBITDA rose 19% 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 |
|---|---|---|---|---|---|
| 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 | ₹1.38 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹29.54 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.2% | ||||
| Net Profit Margin | 1.3% | ||||
| 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 V-Sharp Magnet Private Limited, buy the company report.
Board of directors of V-Sharp Magnet Private Limited
V-Sharp Magnet has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Atmaram Sankhe | Director | 26 Aug 2016 | 10 Years 2 Months | Current |
| Prashant Gangaram Sankhe | Director | 26 Aug 2016 | 10 Years 2 Months | Current |
Auditor
V-Sharp Magnet Private Limited is audited by BALASUBRAMANIYAM & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BALASUBRAMANIYAM & ASSOCIATES | FY 2022 | 128325W |
Shareholding
The shareholding of V-Sharp Magnet Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of V-Sharp Magnet Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Sep 2025 | 101217147 | Others | ₹1 Cr | Open | |
| 21 Jul 2020 | 100374435 | Others | ₹15 Lakh | Open | |
| 20 Jul 2020 | 100373765 | Others | ₹30 Lakh | Open | |
| 13 May 2017 | 100107806 | Others | ₹10.58 Cr | Open | |
| 09 Feb 2017 | 100079819 | Others | ₹5.08 Cr | Open |
To see the full charge records of V-Sharp Magnet Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
V-Sharp Magnet Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Shahdara, Delhi | Criminal case | Filed against the company by M/S Wiretech Machine India | Disposed |
To see the full case history of V-Sharp Magnet 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 V-Sharp Magnet Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
V-Sharp Magnet has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCV5877L1ZI | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of V-Sharp Magnet Private Limited, buy the company report.
Recent activity
V-Sharp Magnet Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Prashant Gangaram Sankhe was appointed as Director on 26 Aug 2016.
Frequently asked questions
V-Sharp Magnet is an active private limited company based in Palghar, Maharashtra, India. The company works in cable and wire, within the manufacturing industry. It was incorporated on 26 August 2016 (10+ years old) and is registered under CIN U27205MH2016PTC285215.
V-Sharp Magnet has 2 current directors:
- Sanjay Atmaram Sankhe - Director
- Prashant Gangaram Sankhe - Director
The latest financial statements of V-Sharp Magnet 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 2017 are in the company report.
The GSTIN of V-Sharp Magnet is 27AAFCV5877L1ZI, registered in Maharashtra.
The CIN (Corporate Identification Number) of V-Sharp Magnet is U27205MH2016PTC285215. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
V-Sharp Magnet has 1 court case on record: 1 filed against it.
V-Sharp Magnet was incorporated on 26 August 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
Prashant Gangaram Sankhe was appointed as Director on 26 Aug 2016. Sanjay Atmaram Sankhe was appointed as Director on 26 Aug 2016.
Yes, V-Sharp Magnet is registered as a small enterprise under Udyam registration (number: UDYAM-MH-17-0032643).
V-Sharp Magnet can be reached through the website vsharpmagnet.com. Its registered office is in Palghar, Maharashtra, India.

