Vikarsh Stampings India Private Limited

Manufactures transformer parts with ISO certification, established in 2003.

2003 | Satara, Maharashtra (India) | Active
Last Updated: December 23, 2024

Vikarsh Stampings India Profile

Key Indicators

  • Authorised Capital ₹ 12.00 Cr
  • Paid Up Capital ₹ 12.00 Cr
  • Company Age 21 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 10.16 Cr
  • Satisfied Charges ₹ 56.04 Cr
  • Revenue Growth -34.59%
  • Profit Growth -16.12%
  • Ebitda 881.66%
  • Net Worth 0.47%
  • Total Assets -1.58%

About Vikarsh Stampings India

Vikarsh Stampings India Private Limited (VSIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 25 August 2003 and has a history of 21 years and five months. Its registered office is in Satara, Maharashtra, India.

The Corporate was formerly known as Vikarsh Stampings India Private Imited. The Company is engaged in the Energy And Power Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 12.00 Cr and a paid-up capital of Rs 12.00 Cr.

The company currently has active open charges totaling ₹10.16 Cr. The company has closed loans amounting to ₹56.04 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Vikarsh Stampings India Private Limited India is Khushboo Kavedia as COMPANY SECRETARY. Laxmikant Trivedi, Rakesh Sharma, and Dhruv Sharma serve as directors at the Company.

Company Details

  • Location

    Satara, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29230PN2003PTC018260

  • Company No.

    018260

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Aug 2003

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Energy and Power

What products or services does Vikarsh Stampings India Private Limited offer?

Vikarsh Stampings India Private Limited offers a wide range of products and services, including Transformers & Transformer Parts, Transformer Cores, Electric Fittings & Components, Ferrite Cores, Transformer Parts, Magnetic Cores, Product Packing & Labelling Services, Packaging Solutions, VFD, PLC, HMI & Control Equipments, Line Load Reactors.

Who are the key members and board of directors at Vikarsh Stampings India?

Executive Team (1)

Name Designation Appointment Date Status
Khushboo Kavedia Company Secretary 12-Apr-2024 Current

Board Members (3)

Name Designation Appointment Date Status
Laxmikant Trivedi Country flag representing In Whole-Time Director 25-Aug-2003 Current
Rakesh Sharma Country flag representing In Director 29-Sep-2023 Current
Dhruv Sharma Country flag representing In Director 29-Sep-2023 Current

Financial Performance of Vikarsh Stampings India.

Vikarsh Stampings India Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 34.59% decrease. The company also saw a substantial fall in profitability, with a 16.12% decrease in profit. The company's net worth moved up by a moderate rise of 0.47%.

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
-34.59%
Revenue from Operations
-31.78%
Total Assets
-1.58%
Profit or Loss
-16.12%
Net Worth
0.47%
EBITDA
881.66%

What is the Ownership and Shareholding Structure of Vikarsh Stampings India?

In 2022, Vikarsh Stampings India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹10.16 Cr

Satisfied Charges

₹56.04 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 10.16 Cr

Latest Charge Details

Date Lender Amount Status
22 Aug 2017 Axis Bank Limited ₹10.16 Cr Open
26 Oct 2018 Others ₹0.60 M Satisfied
06 Jun 2018 Others ₹1.52 Cr Satisfied
21 Sep 2015 Jalgaon Janata Sahakari Bank Ltd. ₹1.20 M Satisfied
17 Jul 2015 Jalgaon Janata Sahakari Bank Ltd. ₹19.00 Cr Satisfied

How Many Employees Work at Vikarsh Stampings India?

Vikarsh Stampings India has a workforce of 73 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Vikarsh Stampings India, 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 Vikarsh Stampings India'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 Vikarsh Stampings India

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited of Rs. 10.16 Cr registered on 22 Aug 2017 with Charge ID 100121118 was modified on 19 Jun 2024.

    19 Jun 2024

  • Director Appointment

    Khushboo Dilip Kavedia was appointed as a Company Secretary was appointed as a Company Secretary on 12 Apr 2024 & has been associated with this company since 9 months 21 days .

    12 Apr 2024

  • Charges

    A charge registered on 10 Jan 2011 via Charge ID 10259536 with Kotak Mahindra Bank Limited was fully satisfied on 26 Mar 2024.

    26 Mar 2024

  • Annual General Meeting

    Vikarsh Stampings India Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Director Appointment

    Rakesh Motilal Sharma was appointed as a Director was appointed as a Director on 29 Sep 2023 & has been associated with this company since 1 year 4 months .

    29 Sep 2023

  • Director Appointment

    Dhruv Rakesh Sharma was appointed as a Director was appointed as a Director on 29 Sep 2023 & has been associated with this company since 1 year 4 months .

    29 Sep 2023

Frequently asked questions

  • Vikarsh Stampings India Private Limited was incorporated on 25 Aug 2003.

  • The authorized share capital of Vikarsh Stampings India Private Limited is ₹ 12.00 Cr and paid-up capital is ₹ 12.00 Cr.

  • Currently 4 directors are associated with Vikarsh Stampings India Private Limited.

    • Laxmikant Nathuram Trivedi
    • Rakesh Motilal Sharma
    • Dhruv Rakesh Sharma
    • Khushboo Dilip Kavedia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vikarsh Stampings India Private Limited is G No. 269/7 Dhangarwadi, Tal. Khandala India, Phaltan, Maharashtra, 412801.

  • The corporate identification number (CIN) of Vikarsh Stampings India Private Limited is U29230PN2003PTC018260 and the company number is 018260 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Vikarsh Stampings India Private Limited is https://www.vikarsh.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Vikarsh Stampings India Private Limited has fallen by -34.59%.

  • As Per 2022 financial reports, 73 employees are currently employed by Vikarsh Stampings India Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Vikarsh Stampings India Private Limited has experienced an upsurge of 0.47%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Vikarsh Stampings India Private Limited amount to ₹ 10.16 Cr.

  • The most recent Balance Sheet for Vikarsh Stampings India Private Limited was filed with the ROC on 31 Mar 2023.

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