Vikas Roadways Carriers Limited

Provides bulk road transport services across southern and western India with 17 offices and ISO certification.

1995 | Delhi, Delhi (India) | Active
Last Updated:

Vikas Roadways Carriers Profile

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 8.07 Cr
  • Company Age 29 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 64.59 Cr
  • Satisfied Charges ₹ 21.06 Cr
  • Revenue Growth -1.96%
  • Profit Growth 346.01%
  • Ebitda 1.69%
  • Net Worth 33.51%
  • Total Assets -3.76%

About Vikas Roadways Carriers

Vikas Roadways Carriers Limited (VRCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 31 May 1995 and has a history of 29 years and nine months. Its registered office is in Delhi, Delhi, India.

The Company is engaged in the Transport And Logistics 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 15.00 Cr and a paid-up capital of Rs 8.07 Cr.

The company currently has active open charges totaling ₹64.59 Cr. The company has closed loans amounting to ₹21.06 Cr, as per Ministry of Corporate Affairs (MCA) records.

Damandeip Chadha, Satvinder Chadha, and Iqbal Chadha serve as directors at the Company.

Company Details

  • Location

    Delhi, Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    vikasroadcarriers.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U00732DL1995PLC137678

  • Company No.

    137678

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    31 May 1995

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Transport and Logistics

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

Executive Team (1)

NameDesignationAppointment DateStatus
Satvinder Chadha Country flag representing In Managing Director31-May-1995Current

Board Members (2)

NameDesignationAppointment DateStatus
Iqbal Chadha Country flag representing In Director 31-May-1995Current
Damandeip Chadha Country flag representing In Director 15-Apr-2009Current

Financial Performance of Vikas Roadways Carriers.

Vikas Roadways Carriers Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 1.96% decrease. The company also saw a substantial improvement in profitability, with a 346.01% increase in profit. The company's net worth Soared by an impressive increase of 33.51%.

Vikas Roadways Carriers revenue growth over time
Vikas Roadways Carriers 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
-1.96%
Revenue from Operations
-1.77%
Total Assets
-3.76%
Profit or Loss
346.01%
Net Worth
33.51%
EBITDA
1.69%

What is the Ownership and Shareholding Structure of Vikas Roadways Carriers?

In 2023, Vikas Roadways Carriers had a promoter holding of 100.00%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹64.59 Cr

Satisfied Charges

₹21.06 Cr

Charges Breakdown by Lending Institutions

  • Others : 44.32 Cr
  • Hdfc Bank Limited : 18.98 Cr
  • Axis Bank Limited : 1.29 Cr

Latest Charge Details

DateLenderAmountStatus
07 Oct 2023Others₹1.70 CrOpen
18 Oct 2022Others₹4.66 MOpen
03 Aug 2022Others₹1.14 CrOpen
03 Jun 2022Others₹4.34 MOpen
03 Jun 2022Others₹6.54 MOpen

How Many Employees Work at Vikas Roadways Carriers?

Vikas Roadways Carriers has a workforce of 39 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.

Employee growth trends for Vikas Roadways Carriers Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 1.70 Cr with Charge ID 100811685 was registered on 07 Oct 2023.

  • Annual General Meeting

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

  • Balance Sheet

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

  • Charges

    A charge with Others amounted to Rs. 0.47 Cr with Charge ID 100621884 was registered on 18 Oct 2022.

  • Charges

    A charge with Others amounted to Rs. 1.14 Cr with Charge ID 100632018 was registered on 03 Aug 2022.

  • Charges

    A charge with Others amounted to Rs. 0.43 Cr with Charge ID 100578097 was registered on 03 Jun 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Vikas Roadways Carriers Limited?

    Vikas Roadways Carriers Limited was incorporated on 31 May 1995.

  • What is authorized share capital and paid-up capital of Vikas Roadways Carriers Limited?

    The authorized share capital of Vikas Roadways Carriers Limited is ₹ 15.00 Cr and paid-up capital is ₹ 8.07 Cr.

  • Who are the current board members & directors of Vikas Roadways Carriers Limited?

    Currently 3 directors are associated with Vikas Roadways Carriers Limited.

    • Damandeip Singh Satvinder Chadha
    • Satvinder Singh Chadha
    • Iqbal Kaur Chadha

  • What is the registered address of Vikas Roadways Carriers Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Vikas Roadways Carriers Limited is Ag-103 Sanjay Gandhi Tranport Nagar, Delhi, India, 110042.

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

    The corporate identification number (CIN) of Vikas Roadways Carriers Limited is U00732DL1995PLC137678 and the company number is 137678 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Vikas Roadways Carriers Limited?

    The Official website of Vikas Roadways Carriers Limited is https://www.vikasroadcarriers.com

  • What has been the recent revenue trend for Vikas Roadways Carriers Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Vikas Roadways Carriers Limited has fallen by -1.96%.

  • How many employees does Vikas Roadways Carriers Limited currently have?

    As Per 2023 financial reports, 39 employees are currently employed by Vikas Roadways Carriers Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Vikas Roadways Carriers Limited has experienced an upsurge of 33.51%.

  • What are the total open charges for Vikas Roadways Carriers Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Vikas Roadways Carriers Limited amount to ₹ 64.59 Cr.

  • When was the last Balance Sheet of Vikas Roadways Carriers Limited filed with the ROC?

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

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