Vikas Stainless Private Limited

Manufacturer and trader of stainless steel pipes, tubes, and products, authorized dealer of Jindal Stainless.

2013 | Hisar, Haryana (India) | Active
Last Updated: July 31, 2024

Vikas Stainless Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 5.00 Cr
  • Company Age 11 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 41.68 Cr
  • Satisfied Charges ₹ 9.42 Cr
  • Revenue Growth 33.09%
  • Profit Growth 12.42%
  • Ebitda 47.84%
  • Net Worth 5.36%
  • Total Assets 45.16%

About Vikas Stainless

Vikas Stainless Private Limited (VSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 04 July 2013 and has a history of 11 years and seven months. Its registered office is in Hisar, Haryana, India.

The Company is engaged in the Manufacturing 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 Cr and a paid-up capital of Rs 5.00 Cr.

The company currently has active open charges totaling ₹41.68 Cr. The company has closed loans amounting to ₹9.42 Cr, as per Ministry of Corporate Affairs (MCA) records.

Subhash Chander, Ved Parkash, and Aditya Arya serve as directors at the Company.

Company Details

  • Location

    Hisar, Haryana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    vikasstainless.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27100HR2013PTC049729

  • Company No.

    049729

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Jul 2013

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Manufacturing

What products or services does Vikas Stainless Private Limited offer?

Vikas Stainless Private Limited offers a wide range of products and services, including Steel Pipes and Tubes, Stainless Steel Pipes.

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

Board Members (3)

NameDesignationAppointment DateStatus
Subhash Chander Country flag representing In Director 04-Jul-2013Current
Ved Parkash Country flag representing In Additional Director 04-Jul-2013Current
Aditya Arya Country flag representing In Director 13-Apr-2022Current

Financial Performance of Vikas Stainless.

Vikas Stainless Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 33.09% increase. The company also saw a substantial improvement in profitability, with a 12.42% increase in profit. The company's net worth moved up by a moderate rise of 5.36%.

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
33.09%
Revenue from Operations
33.03%
Total Assets
45.16%
Profit or Loss
12.42%
Net Worth
5.36%
EBITDA
47.84%

What is the Ownership and Shareholding Structure of Vikas Stainless?

In 2023, Vikas Stainless 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

₹41.68 Cr

Satisfied Charges

₹9.42 Cr

Charges Breakdown by Lending Institutions

  • Others : 22.35 Cr
  • Hdfc Bank Limited : 19.33 Cr

Latest Charge Details

DateLenderAmountStatus
01 May 2024Others₹20.35 CrOpen
29 Oct 2023Hdfc Bank Limited₹2.50 MOpen
20 Feb 2023Hdfc Bank Limited₹1.50 MOpen
21 Oct 2022Others₹2.00 CrOpen
21 Aug 2021Hdfc Bank Limited₹18.93 CrOpen

How Many Employees Work at Vikas Stainless?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 20.35 Cr with Charge ID 100923912 was registered on 01 May 2024.

    01 May 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.25 Cr with Charge ID 100833185 was registered on 29 Oct 2023.

    29 Oct 2023

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 18.93 Cr registered on 21 Aug 2021 with Charge ID 100473753 was modified on 18 Aug 2023.

    18 Aug 2023

  • Balance Sheet

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

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.15 Cr with Charge ID 100709303 was registered on 20 Feb 2023.

    20 Feb 2023

Frequently asked questions

  • Vikas Stainless Private Limited was incorporated on 04 Jul 2013.

  • The authorized share capital of Vikas Stainless Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 5.00 Cr.

  • Currently 3 directors are associated with Vikas Stainless Private Limited.

    • Subhash Chander
    • Ved Parkash
    • Aditya Arya
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vikas Stainless Private Limited is 183 Sector 27 & 28, Hisar, Haryana, India, 125005.

  • The corporate identification number (CIN) of Vikas Stainless Private Limited is U27100HR2013PTC049729 and the company number is 049729 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Vikas Stainless Private Limited is https://www.vikasstainless.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Vikas Stainless Private Limited has risen by 33.09%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Vikas Stainless Private Limited has experienced an upsurge of 5.36%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Vikas Stainless Private Limited amount to ₹ 41.68 Cr.

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

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