MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-33-0334014
VSV Fashion LLP
VSV Fashion LLP - fashion and textile in Thane, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2020
₹42.61 Cr
▲ 476% YoY
Net profit · FY 2020
₹5.91 Lakh
Net margin 0.1%
EBITDA · FY 2020
₹41.78 Cr
EBITDA margin 98.1%
Contribution obligation
₹1 Lakh
As per LLP agreement
LLP age
12 yrs
Est. 2014
Designated partners
2
As per MCA filings
Active GSTINs
2
GST registered
Last financials
Mar 2022
Balance sheet date
About VSV Fashion LLP
Data last updated:
VSV Fashion LLP is a limited liability partnership (LLP) based in Thane, Maharashtra, India. It operates in the fashion retail segment of the fashion and textiles sector. It was incorporated on 10 April 2014 and has been in existence for over 12 years.
The LLP is registered with the Registrar of Companies (ROC), Mumbai, under LLPIN AAC-2541. Its GSTIN is 27AALFV5004G1Z6 (Maharashtra). The LLP holds 2 GST registrations, all of them active.
The LLP has a total obligation of contribution of ₹1 Lakh. It is led by designated partners Hasmukh Tarachand Sheth and Ritesh Kailash Khetan.
Its latest statement of accounts is for the year ended 31 March 2022. The registered office is at Bldg. No.A/7 Gala No.L – 201 Anmol Textile Market Anjur Phata Rehnal Village Bhiwandi D, Ist. Thane, Maharashtra, India – 421302.
As per the financials filed for FY 2020, the LLP reported a revenue of ₹42.61 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹5.91 Lakh (net margin 0.1%) and EBITDA of ₹41.78 Cr (EBITDA margin 98.1%). Revenue has grown at a compounded annual rate (CAGR) of 39% over three years and 222% over five years.
Court records list 3 cases involving the LLP, including 3 filed against it; 2 cases are pending.
VSV Fashion LLP is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0334014).
Company details
LLPIN AAC-2541
Incorporation Date 10 April 2014
Total Obligation of Contribution ₹1 Lakh
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 March 2023
Date of Balance Sheet 31 March 2022
MSME Classification Small
Udyam Registration UDYAM-MH-33-0334014
Recognitions & Rankings of VSV Fashion
Contact details
VSV Fashion LLP's registered office is in Thane, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressBldg. No.A/7 Gala No.L – 201 Anmol Textile Market Anjur Phata Rehnal Village Bhiwandi D, Ist. Thane, Maharashtra, India – 421302
- IndustryFashion and Textile, Fashion Retail
To see the full contact details of VSV Fashion LLP, buy the company report.
Comprehensive company report
VSV Fashion LLP - 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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Financials of VSV Fashion LLP
FY 2022 filings availableVSV Fashion LLP reported revenue of ₹42.61 Cr (up 476% YoY) for FY 2020.
Revenue · FY 2020
₹42.61 Cr ▲ 476%
Net profit · FY 2020
₹5.91 Lakh margin 0.1%
EBITDA · FY 2020
₹41.78 Cr margin 98.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 476%
3 years · compounded
▲ 39%
5 years · compounded
▲ 222%
EBITDA CAGR growth
1 year
▲ 464%
3 years · compounded
▲ 38%
5 years · compounded
▲ 220%
Revenue has grown at a compounded annual rate (CAGR) of 222% over five years, including 476% growth in the latest year. EBITDA rose 464% 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
| Statement of Account and Solvency | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | |||||
| Other Income | |||||
| Total Income | ₹42.61 Cr | ||||
| Purchases and Direct Costs | |||||
| Personnel Expenses | |||||
| Administrative Expenses | |||||
| Interest | |||||
| Depreciation | |||||
| Total Expenses | |||||
| Profit Before Tax | |||||
| Tax | |||||
| Profit After Tax | ₹5.91 Lakh | ||||
| Profit Transferred to Partners | |||||
| Assets and Liabilities | |||||
| Partners' Contribution | |||||
| Reserves and Surplus | |||||
| Secured Loans | |||||
| Unsecured Loans | |||||
| Trade Payables | |||||
| Other Liabilities and Provisions | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Loans and Advances | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Statement of Account and Solvency | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | 0.1% | ||||
| Return on Partners' Funds | |||||
| Return on Assets | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Debt to Partners' Funds | |||||
| Interest Coverage | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Turnover Growth | |||||
| Profit Growth | |||||
To see the full financial statements and ratios of VSV Fashion LLP, buy the company report.
Designated partners of VSV Fashion LLP
VSV Fashion has 2 current designated partners and 3 former designated partners. Current designated partners are listed first, with their designation and appointment date.
Current Designated Partners
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hasmukh Tarachand Sheth | Designated Partner | 25 Feb 2016 | 10 Years 8 Months | Current |
| Ritesh Kailash Khetan Also directs: Vision Agencies Private Limited | Designated Partner | 12 Jan 2017 | 9 Years 9 Months | Current |
Legal cases
VSV Fashion LLP has 3 court cases on record: 3 filed against it. 2 cases are pending and 1 is disposed.
Total cases
3
Filed against the company
3
Pending
2
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
| High courts | 1 | 1 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Commercial suit | Filed against the company by Salwan Papers Pvt. Ltd. | Pending |
| District court, Thane, Maharashtra | Court case (Sum.Civ.Suit) | Filed against the company by Actega Schmid Rhyner Ag THR Lars Frohndrich | Pending |
| District court, Thane, Maharashtra | Court case (Sum.Civ.Suit) | Filed against the company by Actega Schmid Rhyner Ag THR Lars Frohndrich | Disposed |
To see the full case history of VSV Fashion LLP, 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 VSV Fashion LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
VSV Fashion has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AALFV5004G1Z6 | Maharashtra | Active | 01 Jul 2017 |
| 24AALFV5004G1ZC | Gujarat | Active | 11 Sep 2019 |
To see the full GST registrations and return filing status of VSV Fashion LLP, buy the company report.
Recent activity
VSV Fashion LLP has 5 designated partner changes on record since 2014: 2 appointments and 3 cessations. The latest: Kaiwan Ashwin Sheth ceased to be Designated Partner on 12 Jan 2017.
AGM
Vsv Fashion Llp last Annual general meeting of members was held on 31 Mar 2023 as per latest MCA records.
Filing
Vsv Fashion Llp has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Mumbai.
Ceased
Kaiwan Ashwin Sheth ceased to be Designated Partner.
Appointed
Ritesh Kailash Khetan was appointed as Designated Partner.
Appointed
Hasmukh Tarachand Sheth was appointed as Designated Partner.
Ceased
Vidhi Vishal Sheth ceased to be Designated Partner.
Ceased
Vishal Hasmukh Sheth ceased to be Designated Partner.
Incorporation
10 Apr 2014
Vsv Fashion Llp was registered on 10 Apr 2014 with Roc Mumbai & aged 12 years 6 months as per MCA records.
Frequently asked questions
VSV Fashion is an active limited liability partnership based in Thane, Maharashtra, India. The LLP works in fashion retail, within the fashion and textile industry. It was incorporated on 10 April 2014 (12+ years old) and is registered under LLPIN AAC-2541.
VSV Fashion has 2 current designated partners:
- Hasmukh Tarachand Sheth - Designated Partner
- Ritesh Kailash Khetan - Designated Partner
The latest financial statements of VSV Fashion on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 31 March 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of VSV Fashion is 27AALFV5004G1Z6, registered in Maharashtra. The LLP has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AALFV5004G1ZC (Gujarat).
The LLPIN (Limited Liability Partnership Identification Number) of VSV Fashion is AAC-2541. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
VSV Fashion has 3 court cases on record: 3 filed against it. 2 are pending. Most are in the district courts.
VSV Fashion was incorporated on 10 April 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.
Kaiwan Ashwin Sheth ceased to be Designated Partner on 12 Jan 2017. Ritesh Kailash Khetan was appointed as Designated Partner on 12 Jan 2017. Hasmukh Tarachand Sheth was appointed as Designated Partner on 25 Feb 2016. VSV Fashion has 5 designated partner changes on record in total.
Yes, VSV Fashion is registered as a small enterprise under Udyam registration (number: UDYAM-MH-33-0334014).
The registered office of VSV Fashion is at Bldg. No.A7 Gala No.L – 201 Anmol Textile Market Anjur Phata Rehnal Village Bhiwandi D, Ist. Thane, Maharashtra, India – 421302.