Vikas Ecotech Limited

This company manufactures and distributes specialty additives, polymers, and recycled materials.

1984 | Delhi, Delhi (India) | Active
Last Updated:

Vikas Ecotech Profile

Key Indicators

  • Authorised Capital ₹ 200.00 Cr
  • Paid Up Capital ₹ 176.87 Cr
  • Company Age 40 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 35.00 Cr
  • Satisfied Charges ₹ 273.92 Cr
  • Revenue Growth 60.95%
  • Profit Growth 584.23%
  • Ebitda -4.93%
  • Net Worth 4.53%
  • Total Assets -0.52%

About Vikas Ecotech

Vikas Ecotech Limited (VEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 30 November 1984 and has a history of 40 years and three months. Its registered office is in Delhi, Delhi, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 530961 and on the National Stock Exchange(NSE) under VIKASECO.

The Corporate was formerly known as Vikas Leasing Ltd. The Company is engaged in the Chemicals And Materials 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 200.00 Cr and a paid-up capital of Rs 176.87 Cr.

The company currently has active open charges totaling ₹35.00 Cr. The company has closed loans amounting to ₹273.92 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Vikas Ecotech Limited India are Amit Dhuria as Cfo, Prashant Sajwani as Company Secretary, and Balwant Bhushan as Ceo. Vikas Garg, Ravi Gupta, Gyan Govil, and Three other members serve as directors at the Company.

Company Details

  • Location

    Delhi, Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    vikasecotech.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L65999DL1984PLC019465

  • Company No.

    019465

  • Stock Symbol

    BSE : 530961 NSE : VIKASECO

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    30 Nov 1984

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Delhi

Industry

Chemicals and Materials
Metals and Minerals

What products or services does Vikas Ecotech Limited offer?

Vikas Ecotech Limited offers a wide range of products and services, including PET Granules & Plastic Raw Material, PVC Plastic Granule, Industrial Chemicals & Supplies, Plastic Chemicals, Chemical Reagents & Catalysts, Inorganic Salts, Rubber & Rubber Products, Synthetic Rubbers, Plastic Polymers, Telecom Services, Engg & Maintenance.

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

Executive Team (4)

NameDesignationAppointment DateStatus
Vikas Garg Country flag representing In Managing Director15-Jun-1992Current
Amit Dhuria Country flag representing In CFO30-May-2018Current
Prashant Sajwani Country flag representing In Company Secretary31-Jul-2020Current
Balwant Bhushan Country flag representing In CEO13-May-2023Current

Board Members (5)

NameDesignationAppointment DateStatus
Gyan Govil Country flag representing In Director 28-Jun-2019Current
Ravi Gupta Country flag representing In Director 14-Feb-2019Current
Kratika Godika Country flag representing In Director 04-Jun-2021Current
Balwant Bhushan Country flag representing In Whole-Time Director and Ceo 13-May-2023Current
Rajeev Kumar Country flag representing In Whole-Time Director 10-Aug-2023Current

Financial Performance of Vikas Ecotech.

Vikas Ecotech Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 60.95% increase. The company also saw a substantial improvement in profitability, with a 584.23% increase in profit. The company's net worth moved up by a moderate rise of 4.53%.

Vikas Ecotech revenue growth over time
Vikas Ecotech 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
60.95%
Revenue from Operations
60.79%
Total Assets
-0.52%
Profit or Loss
584.23%
Net Worth
4.53%
EBITDA
-4.93%

What is the Ownership and Shareholding Structure of Vikas Ecotech?

In 2023, Vikas Ecotech had a promoter holding of 9.32% and a public holding of 90.68%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹35.00 Cr

Satisfied Charges

₹273.92 Cr

Charges Breakdown by Lending Institutions

  • Others : 35.00 Cr

Latest Charge Details

DateLenderAmountStatus
13 May 2013Others₹35.00 CrOpen
04 Jun 2020Others₹5.82 CrSatisfied
02 Jun 2020State Bank Of India₹2.00 CrSatisfied
31 Dec 2018Others₹6.51 CrSatisfied
16 Aug 2018State Bank Of India₹30.00 CrSatisfied

How Many Employees Work at Vikas Ecotech?

Vikas Ecotech has a workforce of 62 employees as of Apr 09, 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.

Employee growth trends for Vikas Ecotech Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Vikas Ecotech, 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 Ecotech'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 Ecotech

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 35.00 Cr registered on 13 May 2013 with Charge ID 10429760 was modified on 09 Feb 2024.

  • Annual General Meeting

    Vikas Ecotech Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

  • Director Appointment

    Balwant Kumar Bhushan was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 13 May 2023 & has been associated with this company since 1 year 9 months .

  • Balance Sheet

    Vikas Ecotech Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

  • Charges

    A charge registered on 31 Dec 2018 via Charge ID 100229644 with Others was fully satisfied on 18 Oct 2022.

  • Charges

    A charge registered on 16 Aug 2018 via Charge ID 100206072 with State Bank Of India was fully satisfied on 16 Sep 2022.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Vikas Ecotech Limited?

    Vikas Ecotech Limited was incorporated on 30 Nov 1984.

  • What is authorized share capital and paid-up capital of Vikas Ecotech Limited?

    The authorized share capital of Vikas Ecotech Limited is ₹ 200.00 Cr and paid-up capital is ₹ 176.87 Cr.

  • Who are the current board members & directors of Vikas Ecotech Limited?

    Currently 9 directors are associated with Vikas Ecotech Limited.

    • Vikas Garg
    • Ravi Kumar Gupta
    • Gyan Prakash Govil
    • Kratika Godika
    • Balwant Kumar Bhushan
    • Rajeev Kumar
    • Amit Dhuria
    • Prashant Sajwani
    • Balwant Kumar Bhushan

  • What is the registered address of Vikas Ecotech Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Vikas Ecotech Limited is 34/1 Vikas Apartmentseast Punjabi Bagh, Delhi, India, 110026.

  • What is the corporate identification number (CIN) and company number of Vikas Ecotech Limited?

    The corporate identification number (CIN) of Vikas Ecotech Limited is L65999DL1984PLC019465 and the company number is 019465 as per Ministry of Corporate Affairs (MCA).

  • Is Vikas Ecotech Limited registered with any stock exchange in India?

    Yes, Vikas Ecotech Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): VIKASECO.

  • What is the official website of Vikas Ecotech Limited?

    The Official website of Vikas Ecotech Limited is https://www.vikasecotech.com

  • What has been the recent revenue trend for Vikas Ecotech Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Vikas Ecotech Limited has risen by 60.95%.

  • How many employees does Vikas Ecotech Limited currently have?

    As Per 2023 financial reports, 62 employees are currently employed by Vikas Ecotech Limited.

  • What change has been observed in the net worth of Vikas Ecotech Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Vikas Ecotech Limited has experienced an upsurge of 4.53%.

  • What are the total open charges for Vikas Ecotech Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Vikas Ecotech Limited amount to ₹ 35.00 Cr.

  • When was the last Balance Sheet of Vikas Ecotech Limited filed with the ROC?

    The most recent Balance Sheet for Vikas Ecotech Limited was filed with the ROC on 31 Mar 2023.

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