- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-22-0044442

VSM Industries Private Limited
About VSM Industries Private Limited
Data last updated:
VSM Industries Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 23 December 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U36997GJ2014PTC081631. Its GSTIN is 24AAECV9841K1ZV (Gujarat).
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹1.86 Cr. It is led by directors Savitaben Vithhalbhai Patel and Mahendrabhai Vithhalbhai Patel.
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 11 – 12 Ground Floor Sanjivani Complex Kadodara Taluka Palsana, Surat, Gujarat, India – 394315.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.28 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net loss of ₹5.22 Lakh (net margin -1%) and EBITDA of ₹46.68 Lakh (EBITDA margin 8.8%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 1% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹3.05 Cr and satisfied charges of ₹5.96 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
VSM Industries Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0044442). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of VSM Industries
Contact details
VSM Industries Private Limited's registered office is in Surat, Gujarat. Its e-mail address is in the company report.
- Email
- Registered Address11 – 12 Ground Floor Sanjivani Complex Kadodara Taluka Palsana, Surat, Gujarat, India – 394315
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of VSM Industries 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 VSM Industries is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of VSM Industries Private Limited, buy the company report.
Financials of VSM Industries Private Limited
FY 2025 filings availableVSM Industries Private Limited reported revenue of ₹5.28 Cr (down 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 8% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA fell 4% 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 | ₹46.68 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹5.22 Lakh | ||||
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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 | 8.8% | ||||
| Net Profit Margin | -1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of VSM Industries Private Limited, buy the company report.
Board of directors of VSM Industries Private Limited
VSM Industries has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Savitaben Vithhalbhai Patel Also directs: VSM Projects Private Limited | Director | 02 Feb 2015 | 11 Years 9 Months | Current |
| Mahendrabhai Vithhalbhai Patel Also directs: VSM Projects Private Limited | Director | 13 Mar 2018 | 8 Years 7 Months | Current |
Auditor
VSM Industries Private Limited is audited by SHAH GOPANI & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHAH GOPANI & ASSOCIATES | FY 2021 | 117466W |
Shareholding
The shareholding of VSM Industries Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of VSM Industries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Jul 2018 | 100192554 | Others | ₹1.05 Cr | Open | |
| 21 Aug 2015 | 10589496 | Others | ₹2 Cr | Open | |
| 25 Apr 2017 | 100096283 | Others | ₹50 Lakh | Satisfied | |
| 10 Aug 2016 | 100048463 | Others | ₹50 Lakh | Satisfied | |
| 21 Aug 2015 | 10589477 | The Sutex Co. Operative Bank Limited | ₹2.17 Cr | Satisfied |
To see the full charge records of VSM Industries Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
VSM Industries 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, SURAT, Gujarat | Criminal complaint | Filed against the company by Government of Gujarat | Disposed |
To see the full case history of VSM Industries 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 VSM Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
VSM Industries Private Limited has a workforce of 4 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 4 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of VSM Industries Private Limited, buy the company report.
GST
VSM Industries has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECV9841K1ZV | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of VSM Industries Private Limited, buy the company report.
Recent activity
VSM Industries Private Limited has 8 board changes on record since 2015: 2 appointments and 6 cessations. The latest: Vitthalbhai Savjibhai Patel ceased to be Director on 29 Apr 2019.
14 earlier events are in the company report.
Frequently asked questions
VSM Industries is an active private limited company based in Surat, Gujarat, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 23 December 2014 (12+ years old) and is registered under CIN U36997GJ2014PTC081631.
VSM Industries has 2 current directors:
- Savitaben Vithhalbhai Patel - Director
- Mahendrabhai Vithhalbhai Patel - Director
The latest financial statements of VSM Industries 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 2015 are in the company report.
The GSTIN of VSM Industries is 24AAECV9841K1ZV, registered in Gujarat.
The CIN (Corporate Identification Number) of VSM Industries is U36997GJ2014PTC081631. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
VSM Industries has 1 court case on record: 1 filed against it.
VSM Industries was incorporated on 23 December 2014, making it 12+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Vitthalbhai Savjibhai Patel ceased to be Director on 29 Apr 2019. Daluram Hukmaram Suthar ceased to be Director on 11 Jul 2018. Kishorbhai Damjibhai Boghara ceased to be Director on 11 Jul 2018. VSM Industries has 8 board changes on record in total.
Yes, VSM Industries is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-22-0044442).
The registered office of VSM Industries is at 11 – 12 Ground Floor Sanjivani Complex Kadodara Taluka Palsana, Surat, Gujarat, India – 394315.

