Vikas Fibres Pvt Ltd

Textile company specializing in manufacturing, trading, and processing natural and synthetic fibers.

1990 | Surat, Gujarat (India) | Active
Last Updated:

Vikas Fibres Profile

Key Indicators

  • Authorised Capital ₹ 2.40 M
  • Paid Up Capital ₹ 2.40 M
  • Company Age 34 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 35.72 Cr
  • Satisfied Charges ₹ 20.97 Cr
  • Revenue Growth -52.74%
  • Profit Growth -71.20%
  • Ebitda 46.46%
  • Net Worth 0.89%
  • Total Assets 0.41%

About Vikas Fibres

Vikas Fibres Pvt Ltd (VFPL) is a Private Limited Indian Non-Government Company incorporated in India on 30 July 1990 and has a history of 34 years and nine months. Its registered office is in Surat, Gujarat, India.

The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 2.40 M and a paid-up capital of Rs 2.40 M.

The company currently has active open charges totaling ₹35.72 Cr. The company has closed loans amounting to ₹20.97 Cr, as per Ministry of Corporate Affairs (MCA) records.

Banshidhar Singhal and Bimladevi Singhal 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

    U17119GJ1990PTC014102

  • Company No.

    014102

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Jul 1990

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing
Company report

Vikas Fibres Pvt Ltd

Explore comprehensive data for Vikas Fibres Pvt Ltd, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (2)

NameDesignationAppointment DateStatus
Banshidhar Singhal Country flag representing In Director 30-Jul-1990Current
Bimladevi Singhal Country flag representing In Director 18-Jul-2018Current

Financial Performance of Vikas Fibres.

Vikas Fibres Pvt Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 52.74% decrease. The company also saw a substantial fall in profitability, with a 71.2% decrease in profit. The company's net worth moved up by a moderate rise of 0.89%.

Vikas Fibres revenue growth over time
Vikas Fibres 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
-52.74%
Revenue from Operations
Total Assets
0.41%
Profit or Loss
-71.20%
Net Worth
0.89%
EBITDA
46.46%

What is the Ownership and Shareholding Structure of Vikas Fibres?

In 2023, Vikas Fibres had a promoter holding of 86.33% and a public holding of 3.88%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹357.20 M

Satisfied Charges

₹209.71 M

Charges Breakdown by Lending Institutions

  • Others : 35.72 Cr

Latest Charge Details

DateLenderAmountStatus
17 Sep 2021Others₹9.68 CrOpen
15 Feb 2019Others₹7.36 CrOpen
20 Dec 2004Others₹18.68 CrOpen
07 Dec 2010Bank Of Baroda₹0.29 MSatisfied
27 Oct 2010Bank Of Baroda₹14.94 CrSatisfied

How Many Employees Work at Vikas Fibres?

Unlock and access historical data on people associated with Vikas Fibres, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Vikas Fibres Pvt Ltd

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Vikas Fibres Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Vikas Fibres Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge with Others of Rs. 186.78 M registered on 20 Dec 2004 with Charge ID 80004154 was modified on 14 Feb 2024.

  • Charges

    A charge with Others amounted to Rs. 96.80 M with Charge ID 100480842 was registered on 17 Sep 2021.

  • Charges

    A charge with Others amounted to Rs. 73.63 M with Charge ID 100247964 was registered on 15 Feb 2019.

  • Director Appointment

    Bimladevi Banshidhar Singhal was appointed as a Director was appointed as a Director on 18 Jul 2018 & has been associated with this company since 6 years 9 months .

Frequently asked questions

  • What is the Incorporation or founding date of Vikas Fibres Pvt Ltd?

    Vikas Fibres Pvt Ltd was incorporated on 30 Jul 1990.

  • What is authorized share capital and paid-up capital of Vikas Fibres Pvt Ltd?

    The authorized share capital of Vikas Fibres Pvt Ltd is ₹ 2.40 M and paid-up capital is ₹ 2.40 M.

  • Who are the current board members & directors of Vikas Fibres Pvt Ltd?

    Currently 2 directors are associated with Vikas Fibres Pvt Ltd.

    • Banshidhar Ganpatrai Singhal
    • Bimladevi Banshidhar Singhal
  • What is the registered address of Vikas Fibres Pvt Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Vikas Fibres Pvt Ltd is 403 Trividh Chambersman Darwaja Ring Road India, Surat, Gujarat, 395002.

  • What is the corporate identification number (CIN) and company number of Vikas Fibres Pvt Ltd?

    The corporate identification number (CIN) of Vikas Fibres Pvt Ltd is U17119GJ1990PTC014102 and the company number is 014102 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Vikas Fibres Pvt Ltd?

    According to the financial reports for the fiscal year 2023, the revenue trend for Vikas Fibres Pvt Ltd has fallen by -52.74%.

  • What change has been observed in the net worth of Vikas Fibres Pvt Ltd, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Vikas Fibres Pvt Ltd has experienced an upsurge of 0.89%.

  • What are the total open charges for Vikas Fibres Pvt Ltd?

    As per the financial statements for fiscal Year 2023, The total open charges for Vikas Fibres Pvt Ltd amount to ₹ 35.72 Cr.

  • When was the last Balance Sheet of Vikas Fibres Pvt Ltd filed with the ROC?

    The most recent Balance Sheet for Vikas Fibres Pvt Ltd was filed with the ROC on 31 Mar 2024.

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