Vikas Agro Bearing Private Limited

Sells various types of bearings under UBL Bearing brand.

1999 | Indore, Madhya Pradesh (India) | Active
Last Updated: July 17, 2024

Vikas Agro Bearing Profile

Key Indicators

  • Authorised Capital ₹ 3.00 M
  • Paid Up Capital ₹ 3.00 M
  • Company Age 25 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 5.33 Cr
  • Revenue Growth -1.91%
  • Profit Growth -15.68%
  • Ebitda -5.38%
  • Net Worth 21.43%
  • Total Assets 15.22%

About Vikas Agro Bearing

Vikas Agro Bearing Private Limited (VABPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 30 March 1999 and has a history of 25 years and ten months. Its registered office is in Indore, Madhya Pradesh, India.

The Corporate was formerly known as Vikas Automobiles Private Limited. The Company is engaged in the Engineering 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 3.00 M and a paid-up capital of Rs 3.00 M.

The company currently has active open charges totaling ₹5.33 Cr.

Vikas Bansal and Udit Bansal serve as directors at the Company.

Company Details

  • Location

    Indore, Madhya Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    ublbearing.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U23201MP1999PTC062220

  • Company No.

    015513

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Mar 1999

  • Date of AGM

    22 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Gwalior

Industry

Engineering

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

Board Members (2)

Name Designation Appointment Date Status
Vikas Bansal Country flag representing In Director 30-Mar-1999 Current
Udit Bansal Country flag representing In Director 23-Mar-2013 Current

Financial Performance of Vikas Agro Bearing.

Vikas Agro Bearing Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 1.91% decrease. The company also saw a substantial fall in profitability, with a 15.68% decrease in profit. The company's net worth Soared by an impressive increase of 21.43%.

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
-1.91%
Revenue from Operations
-1.22%
Total Assets
15.22%
Profit or Loss
-15.68%
Net Worth
21.43%
EBITDA
-5.38%

What is the Ownership and Shareholding Structure of Vikas Agro Bearing?

In 2023, Vikas Agro Bearing had a promoter holding of 91.80% and a public holding of 8.20%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹53.27 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 4.32 Cr
  • Citibank N. A. : 0.80 Cr
  • Syndicate Bank : 0.15 Cr
  • State Bank Of India : 0.05 Cr

Latest Charge Details

Date Lender Amount Status
30 Jul 2021 Others ₹4.32 Cr Open
29 Mar 2013 State Bank Of India ₹0.54 M Open
28 May 2007 Citibank N. A. ₹8.00 M Open
16 Dec 2000 Syndicate Bank ₹1.50 M Open

How Many Employees Work at Vikas Agro Bearing?

Unlock and access historical data on people associated with Vikas Agro Bearing, 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 Vikas Agro Bearing, 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 Vikas Agro Bearing'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 Vikas Agro Bearing

Recent activity within the organization

  • Annual General Meeting

    Vikas Agro Bearing Private Limited last Annual general meeting of members was held on 22 Aug 2023 as per latest MCA records.

    22 Aug 2023

  • Balance Sheet

    Vikas Agro Bearing Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Gwalior.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 43.23 M with Charge ID 100470775 was registered on 30 Jul 2021.

    30 Jul 2021

  • Charges

    A charge with State Bank Of India amounted to Rs. 0.54 M with Charge ID 10419830 was registered on 29 Mar 2013.

    29 Mar 2013

  • Director Appointment

    Udit Bansal was appointed as a Director was appointed as a Director on 23 Mar 2013 & has been associated with this company since 11 years 10 months .

    23 Mar 2013

  • Charges

    A charge with Citibank N. A. amounted to Rs. 8.00 M with Charge ID 10272282 was registered on 28 May 2007.

    28 May 2007

Frequently asked questions

  • Vikas Agro Bearing Private Limited was incorporated on 30 Mar 1999.

  • The authorized share capital of Vikas Agro Bearing Private Limited is ₹ 3.00 M and paid-up capital is ₹ 3.00 M.

  • Currently 2 directors are associated with Vikas Agro Bearing Private Limited.

    • Vikas Bansal
    • Udit Bansal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vikas Agro Bearing Private Limited is B-15 Block 3 New Siyaganj Market Malgodown Road, Indore, Madhya Pradesh, India, 452003.

  • The corporate identification number (CIN) of Vikas Agro Bearing Private Limited is U23201MP1999PTC062220 and the company number is 015513 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Vikas Agro Bearing Private Limited is https://www.ublbearing.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Vikas Agro Bearing Private Limited has fallen by -1.91%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Vikas Agro Bearing Private Limited has experienced an upsurge of 21.43%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Vikas Agro Bearing Private Limited amount to ₹ 5.33 Cr.

  • The most recent Balance Sheet for Vikas Agro Bearing Private Limited was filed with the ROC on 31 Mar 2023.

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