Vikas Stainless Steel India Private Limited

Authorized stockist of stainless steel products, supplying to various states in India.

2018 | Faridabad, Haryana (India) | Active
Last Updated: October 23, 2024

Vikas Stainless Steel India Profile

Key Indicators

  • Authorised Capital ₹ 8.00 Cr
  • Paid Up Capital ₹ 7.29 Cr
  • Company Age 6 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 51.93 Cr
  • Revenue Growth -38.34%
  • Profit Growth -86.22%
  • Ebitda -59.98%
  • Net Worth 2.01%
  • Total Assets -39.19%

About Vikas Stainless Steel India

Vikas Stainless Steel India Private Limited (VSSIPL) is a Private Limited Indian Non-Government Company incorporated in India on 21 March 2018 (Six years and 11 months 6 days old ). Its registered office is in Faridabad, Haryana, India.

The Company is engaged in the Metals And Minerals 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 8.00 Cr and a paid-up capital of Rs 7.29 Cr.

The company currently has active open charges totaling ₹51.93 Cr.

Vikas Gupta and Vijendra Gupta serve as directors at the Company.

Company Details

  • Location

    Faridabad, Haryana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    vikasstainless.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999HR2018PTC073191

  • Company No.

    073191

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Mar 2018

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Metals and Minerals

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

Board Members (2)

NameDesignationAppointment DateStatus
Vikas Gupta Country flag representing In Director 21-Mar-2018Current
Vijendra Gupta Country flag representing In Director 21-Mar-2018Current

Financial Performance of Vikas Stainless Steel India.

Vikas Stainless Steel India Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 38.34% decrease. The company also saw a substantial fall in profitability, with a 86.22% decrease in profit. The company's net worth moved up by a moderate rise of 2.01%.

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
-38.34%
Revenue from Operations
-38.22%
Total Assets
-39.19%
Profit or Loss
-86.22%
Net Worth
2.01%
EBITDA
-59.98%

What is the Ownership and Shareholding Structure of Vikas Stainless Steel India?

In 2023, Vikas Stainless Steel India 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

₹51.93 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 50.55 Cr
  • Hdfc Bank Limited : 0.91 Cr
  • Axis Bank Limited : 0.47 Cr

Latest Charge Details

DateLenderAmountStatus
28 Oct 2022Hdfc Bank Limited₹7.59 MOpen
21 May 2021Hdfc Bank Limited₹1.51 MOpen
22 Dec 2020Axis Bank Limited₹4.70 MOpen
11 Jun 2019State Bank Of India₹50.55 CrOpen

How Many Employees Work at Vikas Stainless Steel India?

Unlock and access historical data on people associated with Vikas Stainless Steel India, 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 Steel India, 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 Steel India'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 Steel India

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Vikas Stainless Steel India 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. 0.76 Cr with Charge ID 100676196 was registered on 28 Oct 2022.

    28 Oct 2022

  • Charges

    A charge with State Bank Of India of Rs. 50.55 Cr registered on 11 Jun 2019 with Charge ID 100273774 was modified on 29 Dec 2021.

    29 Dec 2021

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.15 Cr with Charge ID 100459577 was registered on 21 May 2021.

    21 May 2021

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.47 Cr with Charge ID 100403717 was registered on 22 Dec 2020.

    22 Dec 2020

Frequently asked questions

  • Vikas Stainless Steel India Private Limited was incorporated on 21 Mar 2018.

  • The authorized share capital of Vikas Stainless Steel India Private Limited is ₹ 8.00 Cr and paid-up capital is ₹ 7.29 Cr.

  • Currently 2 directors are associated with Vikas Stainless Steel India Private Limited.

    • Vikas Gupta
    • Vijendra Kumar Gupta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vikas Stainless Steel India Private Limited is Prithla Tatarpur Road Distt Palwal Disst India, Disst Palwal, Haryana, 121002.

  • The corporate identification number (CIN) of Vikas Stainless Steel India Private Limited is U74999HR2018PTC073191 and the company number is 073191 as per Ministry of Corporate Affairs (MCA).

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

  • According to the financial reports for the fiscal year 2023, the revenue trend for Vikas Stainless Steel India Private Limited has fallen by -38.34%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Vikas Stainless Steel India Private Limited has experienced an upsurge of 2.01%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Vikas Stainless Steel India Private Limited amount to ₹ 51.93 Cr.

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