Samast Vikas Limited

Founded in 2006 and headquartered in Delhi, India.

2006 | Delhi (India) | Active
Last Updated: January 16, 2025

Samast Vikas Profile

Key Indicators

  • Authorised Capital ₹ 700.00 Cr
  • Paid Up Capital ₹ 335.91 Cr
  • Company Age 18 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2,280.00 Cr
  • Satisfied Charges ₹ 980.00 Cr
  • Revenue Growth 27.90%
  • Profit Growth -57.30%
  • Ebitda -12.03%
  • Net Worth 0.09%
  • Total Assets 9.13%

About Samast Vikas

Samast Vikas Limited (SVL) is a Public Limited Indian Non-Government Company incorporated in India on 14 June 2006 and has a history of 18 years and seven months. Its registered office is in Delhi, India.

The Corporate was formerly known as Spring Infradev Limited. The Company is engaged in the Real Estate And Construction Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 700.00 Cr and a paid-up capital of Rs 335.91 Cr.

The company currently has active open charges totaling ₹2,280.00 Cr. The company has closed loans amounting to ₹980.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Samast Vikas Limited India are Sunil Chopra as CFO and Princee Gupta as Company Secretary. Sachin Agarwal, Shikha Agarwal, Ashok Jolly, and One other member serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U70109DL2006PLC149722

  • Company No.

    149722

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    14 Jun 2006

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Real Estate and Construction

Who are the key members and board of directors at Samast Vikas?

Executive Team (2)

Name Designation Appointment Date Status
Sunil Chopra CFO 10-Mar-2021 Current
Princee Gupta Company Secretary 09-Jan-2017 Current

Board Members (4)

Name Designation Appointment Date Status
Ashok Jolly Country flag representing In Director 28-Jul-2020 Current
Sachin Agarwal Country flag representing In Director 14-Jun-2006 Current
Shikha Agarwal Country flag representing In Whole-Time Director 08-Jan-2015 Current
Pramod Agrawal Country flag representing In Director 30-Nov-2020 Current

Financial Performance of Samast Vikas.

Samast Vikas Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 27.9% increase. The company also saw a substantial fall in profitability, with a 57.3% decrease in profit. The company's net worth moved up by a moderate rise of 0.09%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
27.90%
Revenue from Operations
Total Assets
9.13%
Profit or Loss
-57.30%
Net Worth
0.09%
EBITDA
-12.03%

What is the Ownership and Shareholding Structure of Samast Vikas?

In 2023, Samast Vikas had a promoter holding of 74.28% and a public holding of 25.71%. The company had 26 Subsidiaries and 3 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2,280.00 Cr

Satisfied Charges

₹980.00 Cr

Charges Breakdown by Lending Institutions

  • Sbicap Trustee Company Limited : 1140.00 Cr
  • Others : 1140.00 Cr

Latest Charge Details

Date Lender Amount Status
09 Sep 2019 Sbicap Trustee Company Limited ₹1,140.00 Cr Open
08 Feb 2016 Others ₹1,140.00 Cr Open
17 Mar 2023 Others ₹50.00 Cr Satisfied
30 Dec 2022 Indian Bank ₹50.00 Cr Satisfied
23 Sep 2022 Uco Bank ₹50.00 Cr Satisfied

How Many Employees Work at Samast Vikas?

Unlock and access historical data on people associated with Samast Vikas, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Samast Vikas, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Samast Vikas's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Samast Vikas

Recent activity within the organization

  • Annual General Meeting

    Samast Vikas Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Samast Vikas Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Charges

    A charge with Sbicap Trustee Company Limited of Rs. 1,140.00 Cr registered on 09 Sep 2019 with Charge ID 100291855 was modified on 27 Dec 2023.

    27 Dec 2023

  • Charges

    A charge with Others of Rs. 1,140.00 Cr registered on 08 Feb 2016 with Charge ID 10623155 was modified on 27 Dec 2023.

    27 Dec 2023

  • Charges

    A charge registered on 30 Dec 2022 via Charge ID 100660177 with Indian Bank was fully satisfied on 21 Aug 2023.

    21 Aug 2023

  • Charges

    A charge registered on 17 Mar 2023 via Charge ID 100687264 with Others was fully satisfied on 09 Aug 2023.

    09 Aug 2023

Frequently asked questions

  • Samast Vikas Limited was incorporated on 14 Jun 2006.

  • The authorized share capital of Samast Vikas Limited is ₹ 700.00 Cr and paid-up capital is ₹ 335.91 Cr.

  • Currently 6 directors are associated with Samast Vikas Limited.

    • Sachin Agarwal
    • Shikha Agarwal
    • Ashok Jolly
    • Pramod Agrawal
    • Sunil Chopra
    • Princee Gupta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Samast Vikas Limited is Dpt-103 Prime Towers Okhla Phase-I, India, New Delhi, 110020.

  • The corporate identification number (CIN) of Samast Vikas Limited is U70109DL2006PLC149722 and the company number is 149722 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Samast Vikas Limited is https://www.springindia.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Samast Vikas Limited has risen by 27.90%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Samast Vikas Limited has experienced an upsurge of 0.09%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Samast Vikas Limited amount to ₹ 2,280.00 Cr.

  • The most recent Balance Sheet for Samast Vikas Limited was filed with the ROC on 31 Mar 2024.

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