About VSP International Private Limited
Data last updated:
VSP International Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Kharkia Alloys Private Ltd.. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 12 February 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL2001PTC109625. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹3.2 Cr and a paid-up capital of ₹2.23 Cr. It was formerly known as Kharkia Petro Chem Private Limited. It is led by directors including Santosh Bansal and Parveen Bansal.
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 Bn – 46 Shalimar Bagh(West), New Delhi, Delhi, India – 110088.
As per the financials filed for FY 2025, the company reported a revenue of ₹16.03 Lakh, a decline of 93% compared to the previous year. For the same year it recorded a net loss of ₹10.23 Lakh (net margin -63.8%) and EBITDA of -₹8.39 Lakh (EBITDA margin -52.3%). Revenue has declined at a compounded annual rate (CAGR) of 66% over three years and 72% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹12.86 Cr on record. Court records list 8 cases involving the company, including 1 filed by the company and 7 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vspipl.com.
Company details
Contact details
VSP International Private Limited's registered office is in New Delhi, Delhi. Its website is vspipl.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressBn – 46 Shalimar Bagh(West), New Delhi, Delhi, India – 110088
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of VSP International 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 VSP International 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 VSP International Private Limited, buy the company report.
Financials of VSP International Private Limited
FY 2025 filings availableVSP International Private Limited reported revenue of ₹16.03 Lakh (down 93% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 72% over five years, including a 93% fall in the latest year. EBITDA fell 104% 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 | -₹8.39 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹10.23 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 | -52.3% | ||||
| Net Profit Margin | -63.8% | ||||
| 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 VSP International Private Limited, buy the company report.
Board of directors of VSP International Private Limited
VSP International has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Santosh Bansal | Director | 18 Jan 2019 | 7 Years 9 Months | Current |
| Parveen Bansal | Director | 01 Jul 2009 | 17 Years 4 Months | Current |
| Vikas Bansal Also directs: Jai Laxmi Processors LLP, Sobhin Buildwell Private Limited, Vijaya Herbs Multinational Private Limited and 2 more | Director | 22 Jan 2024 | 2 Years 9 Months | Current |
| Sita Ram Bansal Also directs: Kharkia Alloys Private Ltd., Unique Pathology Lab Private Limited, Jai Laxmi Processors LLP and 1 more | Director | 12 Dec 2001 | 24 Years 10 Months | Current |
Peer comparison
VSP International Private Limited is compared with the 3 companies closest to it by revenue in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Steel Arts (India) Private Limited | ₹16.05 Lakh (FY 2025) | 1.0% | Uttar Pradesh, India | |||
| VSP International Private Limitedthis company | ₹16.03 Lakh (FY 2025) | -₹10.23 Lakh | -63.8% | -93.0% | 2 | New Delhi, Delhi, India |
| Satyam Strips Private Limited | ₹15.95 Lakh (FY 2025) | -77.0% | Samana, Punjab, India | |||
| Parasvnath Techno Steels Private Limited | ₹15.9 Lakh (FY 2024) | -77.0% | New Delhi, Delhi, India |
To see the full peer comparison of VSP International Private Limited, buy the company report.
Auditor
VSP International Private Limited is audited by D.V. Mittal & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D.V. Mittal & Co. | FY 2023 | 002997N |
Shareholding
The shareholding of VSP International 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 VSP International Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Jun 2017 | 100105818 | Others | ₹7.75 Lakh | Satisfied | |
| 20 Jul 2016 | 100045038 | Others | ₹10 Lakh | Satisfied | |
| 02 Jan 2015 | 10549556 | Canara Bank | ₹1 Cr | Satisfied | |
| 05 Apr 2014 | 10495277 | Canara Bank | ₹8.45 Lakh | Satisfied | |
| 01 Jun 2010 | 10225289 | Others | ₹7 Cr | Satisfied |
To see the full charge records of VSP International Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
VSP International Private Limited has 8 court cases on record: 1 filed by VSP International, 7 filed against it. 1 case is pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 7 | 1 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by D. M. Metalloys Private Limited Though Its Director Naimesh Manubhai Patel | Disposed |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed against the company by Jindal Stainless Limited | Disposed |
| District court, Hisar, Haryana | Civil suit | Filed against the company by Ravi Stainless Tubes Private Limited | Disposed |
| District court, North, Delhi | Civil suit | Filed by the company against Ms Ravi Stainless Tubes Pvt. Ltd. | Disposed |
| District court, Gurugram, Haryana | Civil suit | Filed against the company by an individual | Pending |
To see the full case history of VSP International 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.
Credit ratings & regulatory alerts
VSP International Private Limited was last rated by Care on 01 Jul 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 01 Jul 2022 |
To see the full credit ratings and regulatory alerts of VSP International Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for VSP International Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
VSP International Private Limited has a workforce of 2 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
GST
VSP International has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of VSP International Private Limited, buy the company report.
Recent activity
VSP International Private Limited has 8 board changes on record since 2001: 4 appointments and 4 cessations. The latest: Vikas Bansal was appointed as Director on 22 Jan 2024.
18 earlier events are in the company report.
Frequently asked questions
VSP International is an active private limited company based in New Delhi, Delhi, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 12 February 2001 (25+ years old) and is registered under CIN U74899DL2001PTC109625.
VSP International has 4 current directors:
- Santosh Bansal - Director
- Parveen Bansal - Director
- Vikas Bansal - Director
- Sita Ram Bansal - Director
The latest financial statements of VSP International 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.
No. VSP International has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of VSP International is U74899DL2001PTC109625. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
VSP International has 8 court cases on record: 1 filed by the company and 7 filed against it. 1 is pending.
VSP International was incorporated on 12 February 2001, making it 25+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of VSP International by revenue are Steel Arts (India) Private Limited, Satyam Strips Private Limited, Parasvnath Techno Steels Private Limited, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Vikas Bansal was appointed as Director on 22 Jan 2024. Vikas Bansal ceased to be Director on 18 Aug 2020. Santosh Bansal was appointed as Director on 18 Jan 2019. VSP International has 8 board changes on record in total.
VSP International can be reached through the website vspipl.com. Its registered office is in New Delhi, Delhi, India.
The registered office of VSP International is at Bn – 46 Shalimar BaghWest, New Delhi, Delhi, India – 110088.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
