Vikas Ecotech Profile
Key Indicators
- Authorised Capital ₹ 200.00 Cr
- Paid Up Capital ₹ 176.87 Cr
- Company Age 40 Year, 2 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 two 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
- Social Media-
Corporate Identity Details
Industry
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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vikas Garg  | Managing Director | 15-Jun-1992 | Current |
| Amit Dhuria | CFO | 30-May-2018 | Current |
| Prashant Sajwani | Company Secretary | 31-Jul-2020 | Current |
| Balwant Bhushan | CEO | 13-May-2023 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Gyan Govil | Director | 28-Jun-2019 | Current |
| Ravi Gupta | Director | 14-Feb-2019 | Current |
| Kratika Godika | Director | 04-Jun-2021 | Current |
| Balwant Bhushan | Whole-Time Director and Ceo | 13-May-2023 | Current |
| Rajeev Kumar | Whole-Time Director | 10-Aug-2023 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Advik Capital LimitedVikas Garg is a mutual person
Genesis Gas Solutions Private LimitedVikas Garg is a mutual person
Eraaya Lifespaces LimitedVikas Garg and Ravi Gupta are mutual person
- Igl Genesis Technologies Limited
Vikas Garg is a mutual person
- Shamli Steels Private Limited
Rajeev Kumar is a mutual person
Charges (Loans)
₹35.00 Cr
₹273.92 Cr
Charges Breakdown by Lending Institutions
- Others : 35.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 May 2013 | Others | ₹35.00 Cr | Open |
| 04 Jun 2020 | Others | ₹5.82 Cr | Satisfied |
| 02 Jun 2020 | State Bank Of India | ₹2.00 Cr | Satisfied |
| 31 Dec 2018 | Others | ₹6.51 Cr | Satisfied |
| 16 Aug 2018 | State Bank Of India | ₹30.00 Cr | Satisfied |
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.
Deals i
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
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
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.
