Vikas Fashions Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 1.14 Cr
- Company Age 21 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 9.95 Cr
- Satisfied Charges ₹ 8.60 Cr
- Revenue Growth 80.29%
- Profit Growth -42.00%
- Ebitda 115.45%
- Net Worth 8.96%
- Total Assets -6.12%
About Vikas Fashions
Vikas Fashions Private Limited (VFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 01 October 2003 and has a history of 21 years and four months. Its registered office is in Surat, Gujarat, India.
The Corporate was formerly known as Vikash Fashions Private Limited. The Company is engaged in the Fashion And Textile 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 2.00 Cr and a paid-up capital of Rs 1.14 Cr.
The company currently has active open charges totaling ₹9.95 Cr. The company has closed loans amounting to ₹8.60 Cr, as per Ministry of Corporate Affairs (MCA) records.
Vikas Jain and Vinod Jain serve as directors at the Company.
Company Details
- Location
Surat, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U17166GJ2003PTC042997
- Company No.
042997
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
01 Oct 2003
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
What products or services does Vikas Fashions Private Limited offer?
Vikas Fashions Private Limited offers a wide range of products and services, including Apparel Fabrics & Clothing Textiles, Georgette Fabric, Satin Weave Fabrics, Sarees, Lehenga and Salwar Suits, Embroidered Sarees, Natural Fabric, Linen Fabrics, Viscose & Rayon Fabric, Silk Textile, Printed Fabrics.
Who are the key members and board of directors at Vikas Fashions?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vikas Jain  | Director | 03-Mar-2015 | Current |
| Vinod Jain | Director | 27-Dec-2021 | Current |
Financial Performance of Vikas Fashions.
Vikas Fashions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 80.29% increase. The company also saw a substantial fall in profitability, with a 42% decrease in profit. The company's net worth moved up by a moderate rise of 8.96%.
- Key Matrics
- Balance Sheet
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What is the Ownership and Shareholding Structure of Vikas Fashions?
In 2023, Vikas Fashions had a promoter holding of 24.80% and a public holding of 75.20%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Jainson Silk Mills Private LimitedVikas Jain and Vinod Jain are mutual person
- Vinesh Silk Mills Private Limited
Vikas Jain and Vinod Jain are mutual person
- Prashasti Fintrade Private Limited
Vikas Jain and Vinod Jain are mutual person
- Viren Silk Mills Private Limited
Vinod Jain is a mutual person
Charges (Loans)
₹9.95 Cr
₹8.60 Cr
Charges Breakdown by Lending Institutions
- Others : 9.95 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Mar 2022 | Others | ₹9.95 Cr | Open |
| 26 Dec 2014 | Others | ₹8.60 Cr | Satisfied |
How Many Employees Work at Vikas Fashions?
Vikas Fashions has a workforce of 50 employees as of Apr 03, 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 Fashions, 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 Fashions'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.
