Vikas Fibres Profile
Key Indicators
- Authorised Capital ₹ 2.40 M
- Paid Up Capital ₹ 2.40 M
- Company Age 34 Year, 6 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 six 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
Who are the key members and board of directors at Vikas Fibres?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Banshidhar Singhal
|
Director | 30-Jul-1990 | Current |
|
Bimladevi Singhal
|
Director | 18-Jul-2018 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
|
(FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
|
||||||
| Revenue from Operations |
|
||||||
| Total Assets |
|
||||||
| Profit or Loss |
|
||||||
| Net Worth |
|
||||||
| EBITDA |
|
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.
Related Corporates (Common Directorship)
-
Vikas Filaments Pvt LtdBanshidhar Singhal is a mutual person
-
Vishal Polyfilms Private LimitedBanshidhar Singhal is a mutual person
Charges (Loans)
₹357.20 M
₹209.71 M
Charges Breakdown by Lending Institutions
- Others : 35.72 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Sep 2021 | Others | ₹9.68 Cr | Open |
| 15 Feb 2019 | Others | ₹7.36 Cr | Open |
| 20 Dec 2004 | Others | ₹18.68 Cr | Open |
| 07 Dec 2010 | Bank Of Baroda | ₹0.29 M | Satisfied |
| 27 Oct 2010 | Bank Of Baroda | ₹14.94 Cr | Satisfied |
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.
Deals i
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
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.
