MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0070164
VSM Solar Private Limited - environment in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹2.13 Cr
▲ 2680% YoY
Net profit · FY 2025
₹76.1 Lakh
Net margin 35.7%
EBITDA · FY 2025
₹89.99 Lakh
EBITDA margin 42.2%
Authorised capital
₹70 Lakh
Registered with MCA
Paid-up capital
₹69.53 Lakh
Issued & subscribed
Open charges
₹4.3 Cr
Satisfied ₹6.11 Cr
Company age
15 yrs
Est. 2011
Directors on board
3
As per MCA filings
About VSM Solar Private Limited
Data last updated:
VSM Solar Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 18 February 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29192KA2011PTC057179. Its GSTIN is 29AACCV9695D1ZQ (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹70 Lakh and a paid-up capital of ₹69.53 Lakh. It is led by directors including Kapil Kumar Bansal and Mythili Sampath.
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 No. 185 100 Feet Road 1st Block 3rd Phase Bsk 3rd Stage Girinagar, Bangalore, Karnataka, India – 560085.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.13 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹76.1 Lakh (net margin 35.7%) and EBITDA of ₹89.99 Lakh (EBITDA margin 42.2%). Revenue has grown at a compounded annual rate (CAGR) of 153% over three years and 45% over five years.
The company is associated with 1 brand: VSM Solar. As per MCA filings, the company has open charges of ₹4.3 Cr and satisfied charges of ₹6.11 Cr on record. Court records list 16 cases involving the company, including 1 filed by the company and 15 filed against it; 1 case is pending.
VSM Solar Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0070164). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vsmsolar.com.
Company details
CIN U29192KA2011PTC057179
Registration Number 057179
Incorporation Date 18 February 2011
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0070164
Recognitions & Rankings of VSM Solar
Contact details
VSM Solar Private Limited's registered office is in Bangalore, Karnataka. Its website is vsmsolar.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo. 185 100 Feet Road 1st Block 3rd Phase Bsk 3rd Stage Girinagar, Bangalore, Karnataka, India – 560085
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of VSM Solar Private Limited, buy the company report.
Comprehensive company report
VSM Solar 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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Brands
VSM Solar operates one associated brand: VSM Solar. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Solar refrigeration and cooling systems are designed, manufactured, and installed. | vsmsolar.com |
Business activity
The main business activity of VSM Solar is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of VSM Solar Private Limited, buy the company report.
Financials of VSM Solar Private Limited
FY 2024 filings availableVSM Solar Private Limited reported revenue of ₹2.13 Cr (up 2680% YoY) for FY 2025.
Revenue · FY 2025
₹2.13 Cr ▲ 2680%
Net profit · FY 2025
₹76.1 Lakh margin 35.7%
EBITDA · FY 2025
₹89.99 Lakh margin 42.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
3 years · compounded
▲ 153%
5 years · compounded
▲ 45%
EBITDA CAGR growth
1 year
▲ 896%
3 years · compounded
▲ 119%
5 years · compounded
▲ 24%
Revenue has grown at a compounded annual rate (CAGR) of 45% over five years. EBITDA rose 896% 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 | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹89.99 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹76.1 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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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 | 42.2% | ||||
| Net Profit Margin | 35.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 VSM Solar Private Limited, buy the company report.
Board of directors of VSM Solar Private Limited
VSM Solar has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kapil Kumar Bansal | Director | 25 Feb 2017 | 9 Years 8 Months | Current |
| Mythili Sampath Also directs: VSM Spices Private Limited, VSM Energy Private Limited, VSM Engineering Private Limited and 1 more | Director | 18 Feb 2011 | 15 Years 8 Months | Current |
| Sampath Srinivasan Also directs: VSM Spices Private Limited, VSM Energy Private Limited, VSM Engineering Private Limited and 1 more | Director | 18 Feb 2011 | 15 Years 8 Months | Current |
Auditor
VSM Solar Private Limited is audited by GRSM & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GRSM & Associates | FY 2023 | 000863S |
Shareholding
The shareholding of VSM Solar Private Limited 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 VSM Solar Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4.3 Cr
Satisfied charges
₹6.11 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Aug 2016 | 100062935 | Others | ₹4.3 Cr | Open | |
| 27 Jan 2012 | 10337814 | United Bank of India | ₹6.11 Cr | Satisfied |
To see the full charge records of VSM Solar Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
VSM Solar Private Limited has 16 court cases on record: 1 filed by VSM Solar, 15 filed against it. 1 case is pending and 15 are disposed.
Total cases
16
Filed by the company
1
Filed against the company
15
Pending
1
Disposed
15
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 16 | 15 | 1 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU RURAL, Karnataka | Execution petition | Filed against the company by Infosys Limited, Represented by IT Authorized Signatory, Mr. Punit Desai | Pending |
| District court, New Delhi, Delhi | Criminal case | Filed against the company by KPMG Assurance and Consulting Services LLP | Disposed |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by Dewan Housing Finance Corporation Ltd. | Disposed |
| District court, BENGALURU RURAL, Karnataka | Court case (Com.O.S.) | Filed against the company by Infosys Limited Repted by Gopi Krishnan Radhakrishnan | Disposed |
| District court, BENGALURU RURAL, Karnataka | Court case (Com.O.S.) | Filed against the company by Infosys Limited Repted by Gopi Krishnan Radhakrishnan | Disposed |
To see the full case history of VSM Solar 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
VSM Solar Private Limited has 6 MSME Form 1 returns on record between 2017 and 2019, listing 10 overdue payments to 4 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| GRSM & Associates | |||
| Utility Projects and Services Private Limited | |||
| an individual supplier |
To see the full MSME payment records of VSM Solar Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
VSM Solar has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCV9695D1ZQ | Karnataka | Active | 01 Jul 2017 |
| 29AADCV5679G1ZR | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of VSM Solar Private Limited, buy the company report.
Recent activity
VSM Solar Private Limited has 8 board changes on record since 2011: 3 appointments and 5 cessations. The latest: Abhay Prasannaraj Singavi ceased to be Director on 29 Dec 2020.
AGM
Vsm Solar Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Vsm Solar Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Abhay Prasannaraj Singavi ceased to be Director.
Ceased
Stephan Bohm ceased to be Director.
Ceased
Kapil Kumar Bansal ceased to be Additional Director.
Ceased
Sampath Samyuktha ceased to be Additional Director.
Ceased
Sangeetha Bansal ceased to be Alternate Director.
Appointed
Kapil Kumar Bansal was appointed as Director.
Charges
A charge registered on 27 Jan 2012 via Charge ID 10337814 with United Bank Of India was fully satisfied on 01 Sep 2016.
Charges
A charge with Others amounted to Rs. 430.00 Lakh with Charge ID 100062935 was registered on 25 Aug 2016.
Charges
A charge with United Bank Of India of Rs. 611.00 Lakh registered on 27 Jan 2012 with Charge ID 10337814 was modified on 07 Oct 2013.
Charges
A charge with United Bank Of India amounted to Rs. 611.00 Lakh with Charge ID 10337814 was registered on 27 Jan 2012.
3 earlier events are in the company report.
Frequently asked questions
VSM Solar is an active private limited company based in Bangalore, Karnataka, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 18 February 2011 (15+ years old) and is registered under CIN U29192KA2011PTC057179.
VSM Solar has 3 current directors:
- Kapil Kumar Bansal - Director
- Mythili Sampath - Director
- Sampath Srinivasan - Director
The latest financial statements of VSM Solar 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.
The GSTIN of VSM Solar is 29AACCV9695D1ZQ, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AADCV5679G1ZR (Karnataka).
The CIN (Corporate Identification Number) of VSM Solar is U29192KA2011PTC057179. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
VSM Solar has 16 court cases on record: 1 filed by the company and 15 filed against it. 1 is pending.
VSM Solar was incorporated on 18 February 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.
Abhay Prasannaraj Singavi ceased to be Director on 29 Dec 2020. Stephan Bohm ceased to be Director on 11 Jun 2019. Kapil Kumar Bansal ceased to be Additional Director on 25 May 2017. VSM Solar has 8 board changes on record in total.
Yes, VSM Solar is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0070164).
VSM Solar has 6 MSME Form 1 returns on record between 2017 and 2019, listing 10 overdue payments to 4 micro and small suppliers. The latest return was filed on 09 Jun 2019.
VSM Solar can be reached through the website vsmsolar.com. Its registered office is in Bangalore, Karnataka, India.
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