Vikas Roadways Carriers Profile
Key Indicators
- Authorised Capital ₹ 15.00 Cr
- Paid Up Capital ₹ 8.07 Cr
- Company Age 29 Year, 8 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 eight 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
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Location
Delhi, Delhi, 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
U00732DL1995PLC137678
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Company No.
137678
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
31 May 1995
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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 Delhi
Industry
Who are the key members and board of directors at Vikas Roadways Carriers?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Satvinder Chadha
|
Managing Director | 31-May-1995 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Iqbal Chadha
|
Director | 31-May-1995 | Current |
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Damandeip Chadha
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Director | 15-Apr-2009 | Current |
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%.
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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.
Related Corporates (Common Directorship)
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Vikas Road Carriers India LlpDamandeip Chadha and Satvinder Chadha are mutual person
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Vikas Quick Movers Private LimitedDamandeip Chadha and Satvinder Chadha are mutual person
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Veetrag Money Management Private Limited
Satvinder Chadha and Iqbal Chadha are mutual person
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Vikas Okhara Warehousing And Estate Private Limited
Satvinder Chadha is a mutual person
Charges (Loans)
₹64.59 Cr
₹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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Oct 2023 | Others | ₹1.70 Cr | Open |
| 18 Oct 2022 | Others | ₹4.66 M | Open |
| 03 Aug 2022 | Others | ₹1.14 Cr | Open |
| 03 Jun 2022 | Others | ₹4.34 M | Open |
| 03 Jun 2022 | Others | ₹6.54 M | Open |
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.
Deals i
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
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.
