Vikas Money Profile
Key Indicators
- Authorised Capital ₹ 12.00 Cr
as on 17-06-2024
- Paid Up Capital ₹ 9.95 Cr
as on 17-06-2024
- Company Age 37 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 24.71 Cr
as on 17-06-2024
- Satisfied Charges ₹ 16.66 Cr
as on 17-06-2024
- Revenue 63.71%
(FY 2022)
- Profit -2.01%
(FY 2022)
- Ebitda 89.83%
(FY 2022)
- Net Worth -3.65%
(FY 2022)
- Total Assets 30.18%
(FY 2022)
About Vikas Money
The Corporate was formerly known as Vikas Hire Purchase Company Private Limited. The Company is engaged in the Finance And Insurance 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 12.00 Cr and a paid-up capital of Rs 9.95 Cr.
The company currently has active open charges totaling ₹24.71 Cr. The company has closed loans amounting to ₹16.66 Cr, as per Ministry of Corporate Affairs (MCA) records.
Pilavazhi Santhakumari, Ayanapara Pradeepmenon, Surya Menon, and Two other members serve as directors at the Company.
- CIN/LLPIN
U65921KL1987PLC004741
- Company No.
004741
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
09 Apr 1987
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ernakulam
Industry
Company Details
- Location
Cherpulassery, Kerala, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at Vikas Money?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ayanapara Pradeepmenon  | Managing Director | 30-Mar-2013 | Current |
Board Members(4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Pilavazhi Santhakumari | Whole-Time Director | 01-Nov-2012 | Current |
| Surya Menon | Director | 06-Jan-2020 | Current |
| Satheesh | Director | 01-Nov-2013 | Current |
| Rajitha Valayangat | Whole-Time Director | 30-Mar-2013 | Current |
Financial Performance and Corporate Structure Insights of Vikas Money.
Vikas Money Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 63.71% increase. The company also saw a slight decrease in profitability, with a 2.01% decrease in profit. The company's net worth dipped by a decrease of 3.65%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Vikas Money?
In 2022, Vikas Money had a public 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)
Aeppyem Chits And Kuries Private Limited
Active
23 years 10 months Pilavazhi Santhakumari, Ayanapara Pradeepmenon and 1 more are mutual person
Marthya Vikas Foundation
Active 4 years 9 months Pilavazhi Santhakumari, Ayanapara Pradeepmenon and 1 more are mutual person
Prachodhan Retail Private Limited
Active 4 years 7 months Pilavazhi Santhakumari, Satheesh and 1 more are mutual person
Mandhirvikas Nidhi Limited
Active 9 years 4 months Pilavazhi Santhakumari, Satheesh and 1 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 26 Mar 2024 | ₹1.21 Cr | Open |
Others Creation Date: 29 Feb 2024 | ₹1.09 Cr | Open |
Others Creation Date: 11 Feb 2024 | ₹4.55 M | Open |
How Many Employees Work at Vikas Money?
Vikas Money has a workforce of 40 employees as of Apr 03, 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
As of Nov 18, 2023, Vikas Money has raised a total of ₹ 44.4 Cr, with the most recent deal valued at ₹ 4.6 M. Access detailed insights into the company’s deals, including security allotments, mergers, acquisitions, and strategic partnerships that have shaped its growth.
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.
