Vikas Industrial Suppliers Pvt Ltd.

Imports, exports, assembles, produces, and sells industrial machinery and supplies.

1989 | Nagpur, Maharashtra (India) | Active
Last Updated: October 24, 2024

Vikas Industrial Suppliers Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 35 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 1.00 Cr
  • Revenue Growth 42.47%
  • Profit Growth 156.71%
  • Ebitda 167.68%
  • Net Worth 43.77%
  • Total Assets 39.88%

About Vikas Industrial Suppliers

Vikas Industrial Suppliers Pvt Ltd. (VISPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 July 1989 and has a history of 35 years and six months. Its registered office is in Nagpur, Maharashtra, India.

The Company is engaged in the Machinery And Equipment 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 5.00 M and a paid-up capital of Rs 5.00 M.

The company has closed loans amounting to ₹1.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Varsha Karnik and Vikas Karnik serve as directors at the Company.

Company Details

  • Location

    Nagpur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51103MH1989PTC052580

  • Company No.

    052580

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Jul 1989

  • Date of AGM

    26 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Machinery and Equipment

What products or services does Vikas Industrial Suppliers Pvt Ltd. offer?

Vikas Industrial Suppliers Pvt Ltd. offers a wide range of products and services, including Buffing, Surface Finishing Machines, Finishing Machine, Cutting Tools & Milling Cutter, Carbide Milling Cutters, Cutting Tool Inserts, Burnishing Tools, HSS Cutting Tools, Pliers, Screwdrivers & Hammers, Hand Tool Kits, Cutting Tools.

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

Board Members (2)

Name Designation Appointment Date Status
Varsha Karnik Country flag representing In Director 12-Jul-1989 Current
Vikas Karnik Country flag representing In Director 12-Jul-1989 Current

Financial Performance of Vikas Industrial Suppliers.

Vikas Industrial Suppliers Pvt Ltd., for the financial year ended 2023, experienced significant growth in revenue, with a 42.47% increase. The company also saw a substantial improvement in profitability, with a 156.71% increase in profit. The company's net worth Soared by an impressive increase of 43.77%.

Graph illustrating revenue growth over time
Graph showing 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
42.47%
Revenue from Operations
40.90%
Total Assets
39.88%
Profit or Loss
156.71%
Net Worth
43.77%
EBITDA
167.68%

What is the Ownership and Shareholding Structure of Vikas Industrial Suppliers?

In 2023, Vikas Industrial Suppliers had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹10.00 M

Charges Breakdown by Lending Institutions

  • State Bank Of India : 0.50 Cr
  • The Shamrao Vithal Co-Op Bank Limited : 0.50 Cr

Latest Charge Details

Date Lender Amount Status
05 Jul 2012 The Shamrao Vithal Co-Op Bank Limited ₹5.00 M Satisfied
21 Jan 2009 State Bank Of India ₹5.00 M Satisfied

How Many Employees Work at Vikas Industrial Suppliers?

Vikas Industrial Suppliers has a workforce of 6 employees as of Mar 31, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Charges

    A charge registered on 05 Jul 2012 via Charge ID 10369730 with The Shamrao Vithal Co-Op Bank Limited was fully satisfied on 11 Jul 2024.

    11 Jul 2024

  • Annual General Meeting

    Vikas Industrial Suppliers Pvt Ltd. last Annual general meeting of members was held on 26 Sep 2023 as per latest MCA records.

    26 Sep 2023

  • Balance Sheet

    Vikas Industrial Suppliers Pvt Ltd. has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge registered on 21 Jan 2009 via Charge ID 10144074 with State Bank Of India was fully satisfied on 08 Mar 2013.

    08 Mar 2013

  • Charges

    A charge with The Shamrao Vithal Co-Op Bank Limited amounted to Rs. 5.00 M with Charge ID 10369730 was registered on 05 Jul 2012.

    05 Jul 2012

  • Charges

    A charge with State Bank Of India amounted to Rs. 5.00 M with Charge ID 10144074 was registered on 21 Jan 2009.

    21 Jan 2009

Frequently asked questions

  • Vikas Industrial Suppliers Pvt Ltd. was incorporated on 12 Jul 1989.

  • The authorized share capital of Vikas Industrial Suppliers Pvt Ltd. is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.

  • Currently 2 directors are associated with Vikas Industrial Suppliers Pvt Ltd..

    • Varsha Vikas Karnik
    • Vikas Kashinath Karnik
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vikas Industrial Suppliers Pvt Ltd. is M I A Midc Hingna India, Nagpur, Maharashtra, 440001.

  • The corporate identification number (CIN) of Vikas Industrial Suppliers Pvt Ltd. is U51103MH1989PTC052580 and the company number is 052580 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Vikas Industrial Suppliers Pvt Ltd. has risen by 42.47%.

  • As Per 2023 financial reports, 6 employees are currently employed by Vikas Industrial Suppliers Pvt Ltd..

  • The financial reports for the fiscal year 2023 indicates that The net worth of Vikas Industrial Suppliers Pvt Ltd. has experienced an upsurge of 43.77%.

  • The most recent Balance Sheet for Vikas Industrial Suppliers Pvt Ltd. was filed with the ROC on 31 Mar 2023.

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