Vikas Global Solutions Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 4.30 M
- Company Age 24 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 3.78 Cr
- Satisfied Charges ₹ 0.50 M
- Revenue Growth 19.07%
- Profit Growth -2271.11%
- Ebitda -128.82%
- Net Worth -95.92%
- Total Assets -4.59%
About Vikas Global Solutions
Vikas Global Solutions Limited (VGSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 08 September 2000 and has a history of 24 years and five months. Its registered office is in Bangalore, Karnataka, India.
The Company is engaged in the Information Technology 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 1.00 Cr and a paid-up capital of Rs 4.30 M.
The company currently has active open charges totaling ₹3.78 Cr. The company has closed loans amounting to ₹0.50 M, as per Ministry of Corporate Affairs (MCA) records.
Lakshmi Chalapathi, Venkatachalapathi Venkatesaiah, Prakash Ullal, and One other member serve as directors at the Company.
Company Details
- Location
Bangalore, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U72900KA2000PLC027753
- Company No.
027753
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
08 Sep 2000
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Information Technology
What products or services does Vikas Global Solutions Limited offer?
Vikas Global Solutions Limited offers a wide range of products and services, including Software Development & IT Consultant, IT Security Service, IT, Networking & Automation Solution, IT Consultancy, Application Software Packages, Antivirus Software, Website Designing, E Commerce Website Design, Computer & Mobile Apps Development, Application Development Service.
Who are the key members and board of directors at Vikas Global Solutions?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Venkatachalapathi Venkatesaiah  | Managing Director | 08-Sep-2000 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Lakshmi Chalapathi | Director | 08-Sep-2000 | Current |
| Prakash Ullal | Director | 08-Sep-2000 | Current |
| Surya Venkatachalapathy | Director | 04-Feb-2022 | Current |
Financial Performance of Vikas Global Solutions.
Vikas Global Solutions Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 19.07% increase. The company also saw a substantial fall in profitability, with a 2271.11% decrease in profit. The company's net worth observed a substantial decline by a decrease of 95.92%.
- 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 Global Solutions?
In 2023, Vikas Global Solutions had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Unify Infotech Private LimitedLakshmi Chalapathi and Venkatachalapathi Venkatesaiah are mutual person
Aadya Global Healthcare Private LimitedVenkatachalapathi Venkatesaiah is a mutual person
Esd Builders And Developers Private LimitedLakshmi Chalapathi and Venkatachalapathi Venkatesaiah are mutual person
- V Stay Focussed Consulting Llp
Venkatachalapathi Venkatesaiah and Prakash Ullal are mutual person
Charges (Loans)
Open Charges
₹3.78 Cr
Satisfied Charges
₹0.05 Cr
Charges Breakdown by Lending Institutions
- Indian Bank : 3.78 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Jun 2020 | Indian Bank | ₹7.35 M | Open |
| 24 Apr 2020 | Indian Bank | ₹1.00 M | Open |
| 24 Jan 2019 | Indian Bank | ₹6.00 M | Open |
| 15 Apr 2017 | Indian Bank | ₹1.00 M | Open |
| 19 Nov 2008 | Indian Bank | ₹2.25 Cr | Open |
How Many Employees Work at Vikas Global Solutions?
Vikas Global Solutions has a workforce of 42 employees as of Apr 07, 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 Global Solutions, 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 Global Solutions'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.
Latest Updates, News, and FAQs on Vikas Global Solutions
Recent activity within the organization
- Annual General Meeting
Vikas Global Solutions Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Vikas Global Solutions Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
- Director Appointment
Surya Dibbur Venkatachalapathy was appointed as a Director was appointed as a Director on 04 Feb 2022 & has been associated with this company since 3 years 29 days .
- Charges
A charge with Indian Bank of Rs. 0.73 Cr registered on 08 Jun 2020 with Charge ID 100346949 was modified on 18 Dec 2021.
- Charges
A charge with Indian Bank of Rs. 2.25 Cr registered on 19 Nov 2008 with Charge ID 10134181 was modified on 31 Aug 2020.
- Charges
A charge with Indian Bank amounted to Rs. 0.73 Cr with Charge ID 100346949 was registered on 08 Jun 2020.
Frequently asked questions
What is the Incorporation or founding date of Vikas Global Solutions Limited?
Vikas Global Solutions Limited was incorporated on 08 Sep 2000.
What is authorized share capital and paid-up capital of Vikas Global Solutions Limited?
The authorized share capital of Vikas Global Solutions Limited is ₹ 1.00 Cr and paid-up capital is ₹ 4.30 M.
Who are the current board members & directors of Vikas Global Solutions Limited?
Currently 4 directors are associated with Vikas Global Solutions Limited.
- Lakshmi Venakta Chalapathi
- Venkatachalapathi Dibbur Venkatesaiah
- Prakash Vithal Ullal
- Surya Dibbur Venkatachalapathy
What is the registered address of Vikas Global Solutions Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Vikas Global Solutions Limited is Site No 11 2Nd Cross 24Th Main, J.P. Nagar 7Th Phase India, Bangalore, Karnataka, 560078.
What is the corporate identification number (CIN) and company number of Vikas Global Solutions Limited?
The corporate identification number (CIN) of Vikas Global Solutions Limited is U72900KA2000PLC027753 and the company number is 027753 as per Ministry of Corporate Affairs (MCA).
What is the official website of Vikas Global Solutions Limited?
The Official website of Vikas Global Solutions Limited is https://www.vikasglobal.net
What has been the recent revenue trend for Vikas Global Solutions Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Vikas Global Solutions Limited has risen by 19.07%.
How many employees does Vikas Global Solutions Limited currently have?
As Per 2023 financial reports, 42 employees are currently employed by Vikas Global Solutions Limited.
What change has been observed in the net worth of Vikas Global Solutions Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Vikas Global Solutions Limited has experienced an downturn of -95.92%.
What are the total open charges for Vikas Global Solutions Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Vikas Global Solutions Limited amount to ₹ 3.78 Cr.
When was the last Balance Sheet of Vikas Global Solutions Limited filed with the ROC?
The most recent Balance Sheet for Vikas Global Solutions Limited was filed with the ROC on 31 Mar 2023.