What we do Vasa Retail and Overseas Ltd is engaged in marketing and distribution of stationery and textile products internationally, with exclusive licenses and diverse retail partnerships. |
Founded in 1,994 |
Market share Operates in SAARC, Middle-East, and North African markets with license agreements covering 24 countries; strong overseas presence. |
Problem solved Provides quality stationery and textiles to retail and institutional clients, solving supply and brand availability challenges in diverse markets. |
Top clients or who we serve Serves over 120 overseas clients, 850 retailers, including contract with University of Oxford; B2B and B2C. |
Key management Hardik Bhupendra Vasa (Chairman & Managing Director), Kajal Hardik Vasa (Whole-Time Director) |
Our journey and innovations Founded as partnership in 1994, converted to public company in 2017; raised capital via IPO in 2018; expanded global exclusive licenses. |
Where we operate India, Saudi Arabia, Kuwait, Qatar, Bahrain, UAE, Oman, Mauritius, Kenya, Tanzania, and broader Africa and Middle East regions. |
Top products or what we offer Stationery products under 'University of Oxford' and 'VASTA' brands; textile goods; copier paper brand 'Trion'. |
Top brands 'University of Oxford' stationery, 'VASTA' stationery and bags, 'Trion' copier paper. |
Raw materials needed Paper and textile raw materials relevant to stationery and textile products. |
Raw materials supplier Details not specified; partners with overseas distributors and suppliers. |
Recurring vs cyclical contribution Revenue streams driven by sales through distributors and retailers; impacted by market conditions, appears cyclical currently. |
Our industry position Licensing partnerships and distribution network provide competitive edge; current financials affected by Covid-19 impact. |
Financial highlights Revenue Nil in FY25; net loss Rs. 9.90 lakhs; losses narrowed from previous year. |
Geographical revenue split Primary revenue focus on India and Middle East, with exports to Africa and other international markets. |
Order book - |
Whats driving growth Expanding license agreements, retail tie-ups, and overseas market participation through exhibitions and digital catalogs. |
Our future plans Aim to capitalize on exclusive licenses and retail expansion; addressing Covid-19 impacts and improving financial health. |
Our green promise - |
Our people and values Small team with emphasis on employee welfare and safety, including compliance with maternity and harassment laws. |
Key challenges ahead Covid-19 impact on operations, financial losses, loan defaults, and expired key license agreement with Oxford Limited. |
Interesting facts Master licensee for 24 countries; exclusive contract to market Oxford stationery in SAARC and MEA regions. |
Risks and strategy Risks from expired licenses and financial losses; strategy includes operational turnaround and financial stabilization. |
