Vikas Retail Private Limited

Trading in tires, motor vehicle parts, and accessories, also deals with automotive components and equipment.

2008 | Delhi (India) | Active
Last Updated:

Vikas Retail Profile

Key Indicators

  • Authorised Capital ₹ 3.50 M
  • Paid Up Capital ₹ 1.20 M
  • Company Age 16 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 14.50 Cr
  • Satisfied Charges ₹ 4.00 Cr
  • Revenue Growth -51.08%
  • Profit Growth -86.44%
  • Ebitda -49.10%
  • Net Worth 2.13%
  • Total Assets -24.32%

About Vikas Retail

Vikas Retail Private Limited (VRPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 10 December 2008 and has a history of 16 years and five 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 3.50 M and a paid-up capital of Rs 1.20 M.

The company currently has active open charges totaling ₹14.50 Cr. The company has closed loans amounting to ₹4.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Harvinder Chadha and Jaskaran Chadha serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U52590DL2008PTC185650

  • Company No.

    185650

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Dec 2008

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Automotive
Company report

Vikas Retail Private Limited

Explore comprehensive data for Vikas Retail Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (2)

NameDesignationAppointment DateStatus
Jaskaran Chadha Country flag representing In Director 16-Aug-2014Current
Harvinder Chadha Country flag representing In Director 10-Dec-2008Current

Financial Performance of Vikas Retail.

Vikas Retail Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 51.08% decrease. The company also saw a substantial fall in profitability, with a 86.44% decrease in profit. The company's net worth moved up by a moderate rise of 2.13%.

Vikas Retail revenue growth over time
Vikas Retail 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
-51.08%
Revenue from Operations
-51.42%
Total Assets
-24.32%
Profit or Loss
-86.44%
Net Worth
2.13%
EBITDA
-49.10%

What is the Ownership and Shareholding Structure of Vikas Retail?

In 2021, Vikas Retail had a promoter holding of 56.94% and a public holding of 43.06%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹145.00 M

Satisfied Charges

₹40.00 M

Charges Breakdown by Lending Institutions

  • Others : 12.00 Cr
  • L&T Housing Finance Limited : 2.50 Cr

Latest Charge Details

DateLenderAmountStatus
31 Aug 2015L&T Housing Finance Limited₹2.50 CrOpen
19 Dec 2011Others₹12.00 CrOpen
04 Mar 2010Punjab & Sind Bank₹4.00 CrSatisfied

How Many Employees Work at Vikas Retail?

Unlock and access historical data on people associated with Vikas Retail, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Vikas Retail Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Vikas Retail Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Vikas Retail Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

  • Charges

    A charge with Others of Rs. 120.00 M registered on 19 Dec 2011 with Charge ID 10323386 was modified on 10 Jun 2020.

  • Charges

    A charge with L&T Housing Finance Limited amounted to Rs. 25.00 M with Charge ID 10616935 was registered on 31 Aug 2015.

  • Director Appointment

    Jaskaran Singh Chadha was appointed as a Director was appointed as a Director on 16 Aug 2014 & has been associated with this company since 10 years 8 months .

  • Charges

    A charge registered on 04 Mar 2010 via Charge ID 10207621 with Punjab & Sind Bank was fully satisfied on 23 Feb 2012.

Frequently asked questions

  • What is the Incorporation or founding date of Vikas Retail Private Limited?

    Vikas Retail Private Limited was incorporated on 10 Dec 2008.

  • What is authorized share capital and paid-up capital of Vikas Retail Private Limited?

    The authorized share capital of Vikas Retail Private Limited is ₹ 3.50 M and paid-up capital is ₹ 1.20 M.

  • Who are the current board members & directors of Vikas Retail Private Limited?

    Currently 2 directors are associated with Vikas Retail Private Limited.

    • Harvinder Singh Chadha
    • Jaskaran Singh Chadha

  • What is the registered address of Vikas Retail Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Vikas Retail Private Limited is Ag - 103, Sanjay Gandhi Transport Nagar India, New Delhi, 110042.

  • What is the corporate identification number (CIN) and company number of Vikas Retail Private Limited?

    The corporate identification number (CIN) of Vikas Retail Private Limited is U52590DL2008PTC185650 and the company number is 185650 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Vikas Retail Private Limited?

    According to the financial reports for the fiscal year 2021, the revenue trend for Vikas Retail Private Limited has fallen by -51.08%.

  • What change has been observed in the net worth of Vikas Retail Private Limited, and by what percentage?

    The financial reports for the fiscal year 2021 indicates that The net worth of Vikas Retail Private Limited has experienced an upsurge of 2.13%.

  • What are the total open charges for Vikas Retail Private Limited?

    As per the financial statements for fiscal Year 2021, The total open charges for Vikas Retail Private Limited amount to ₹ 14.50 Cr.

  • When was the last Balance Sheet of Vikas Retail Private Limited filed with the ROC?

    The most recent Balance Sheet for Vikas Retail Private Limited was filed with the ROC on 31 Mar 2023.

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