Vikas Global Solutions Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 4.30 M
- Company Age 24 Year, 4 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 four 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
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Location
Bangalore, Karnataka, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U72900KA2000PLC027753
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Company No.
027753
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
08 Sep 2000
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Bangalore
Industry
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
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Managing Director | 08-Sep-2000 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Lakshmi Chalapathi
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Director | 08-Sep-2000 | Current |
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Prakash Ullal
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Director | 08-Sep-2000 | Current |
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Surya Venkatachalapathy
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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%.
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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)
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Unify Infotech Private LimitedLakshmi Chalapathi and Venkatachalapathi Venkatesaiah are mutual person
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Aadya Global Healthcare Private LimitedVenkatachalapathi Venkatesaiah is a mutual person
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Esd Builders And Developers Private LimitedLakshmi Chalapathi and Venkatachalapathi Venkatesaiah are mutual person
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V Stay Focussed Consulting Llp
Venkatachalapathi Venkatesaiah and Prakash Ullal are mutual person
Charges (Loans)
₹3.78 Cr
₹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
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