Vikas Forgings Profile
Key Indicators
- Authorised Capital ₹ 2.50 Cr
- Paid Up Capital ₹ 1.78 Cr
- Company Age 48 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 120.27 Cr
- Satisfied Charges ₹ 6.60 Cr
- Revenue Growth 22.12%
- Profit Growth -68.43%
- Ebitda 28.46%
- Net Worth 34.00%
- Total Assets 19.77%
About Vikas Forgings
Vikas Forgings Private Limited (VFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 23 April 1976 and has a history of 48 years and ten months. Its registered office is in Delhi, India.
The Company is engaged in the Automotive 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 2.50 Cr and a paid-up capital of Rs 1.78 Cr.
The company currently has active open charges totaling ₹120.27 Cr. The company has closed loans amounting to ₹6.60 Cr, as per Ministry of Corporate Affairs (MCA) records.
Anil Kakkar, Vivek Kakar, Chaman Kakkar, and One other member serve as directors at the Company.
Company Details
- Location
Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U74899DL1976PTC008164
- Company No.
008164
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
23 Apr 1976
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Who are the key members and board of directors at Vikas Forgings?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Anil Kakkar  | Director | 01-Oct-2012 | Current |
| Vivek Kakar | Director | 09-Jul-2012 | Current |
| Chaman Kakkar | Director | 20-Jun-2012 | Current |
| Mohit Kakar | Director | 16-Apr-2021 | Current |
Financial Performance of Vikas Forgings.
Vikas Forgings Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 22.12% increase. The company also saw a substantial fall in profitability, with a 68.43% decrease in profit. The company's net worth Soared by an impressive increase of 34%.
- Key Matrics
- Balance Sheet
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What is the Ownership and Shareholding Structure of Vikas Forgings?
In 2023, Vikas Forgings had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Krishna Rubbers Pvt LtdAnil Kakkar, Vivek Kakar and 2 more are mutual person
- Future Forgings Private Limited
Anil Kakkar, Vivek Kakar and 2 more are mutual person
- Ra-Turf Buildwell Private Limited.
Anil Kakkar and Chaman Kakkar are mutual person
Charges (Loans)
₹120.27 Cr
₹6.60 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 49.19 Cr
- Others : 41.00 Cr
- Sidbi : 25.46 Cr
- Axis Bank Limited : 4.18 Cr
- New Bank Of India : 0.24 Cr
- Others : 0.20 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Mar 2024 | Sidbi | ₹2.20 Cr | Open |
| 12 Apr 2023 | Others | ₹7.50 Cr | Open |
| 22 Mar 2023 | Sidbi | ₹1.80 Cr | Open |
| 22 Mar 2023 | Sidbi | ₹13.50 Cr | Open |
| 06 Jan 2023 | Others | ₹7.50 Cr | Open |
How Many Employees Work at Vikas Forgings?
Vikas Forgings has a workforce of 37 employees as of Mar 30, 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 Forgings, 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 Forgings'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.
