Vikas Telecom Private Limited

Developing integrated mixed-use project in Bangalore with commercial, retail, and residential spaces.

1992 | Bangaluru, Karnataka (India) | Active
Last Updated: October 24, 2024

Vikas Telecom Profile

Key Indicators

  • Authorised Capital ₹ 64.05 Cr
  • Paid Up Capital ₹ 6.52 Cr
  • Company Age 32 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4,983.50 Cr
  • Satisfied Charges ₹ 10,832.29 Cr
  • Revenue Growth 0.37%
  • Profit Growth 2307.08%
  • Ebitda 3.63%
  • Net Worth 8.52%
  • Total Assets -9.63%

About Vikas Telecom

Vikas Telecom Private Limited (VTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 29 May 1992 and has a history of 32 years and eight months. Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Vikas Telecom Ltd. The Company is engaged in the Real Estate And Construction Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 64.05 Cr and a paid-up capital of Rs 6.52 Cr.

The company currently has active open charges totaling ₹4,983.50 Cr. The company has closed loans amounting to ₹10,832.29 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Vikas Telecom Private Limited India is Gautham Nambiar as COMPANY SECRETARY. Jitendra Virwani, Raghu Sapra, Udayavararavind Maiya, and One other member serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U64202KA1992PTC083998

  • Company No.

    083998

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 May 1992

  • Date of AGM

    22 Jun 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Real Estate and Construction

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

Executive Team (1)

NameDesignationAppointment DateStatus
Gautham Nambiar Company Secretary30-Aug-2022Current

Board Members (4)

NameDesignationAppointment DateStatus
Raghu Sapra Country flag representing In Nominee Director 24-Dec-2020Current
Jitendra Virwani Country flag representing In Nominee Director 30-Aug-2022Current
Udayavararavind Maiya Country flag representing In Nominee Director 28-Apr-2023Current
Donnie George Country flag representing In Nominee Director 11-Oct-2022Current

Financial Performance of Vikas Telecom.

Vikas Telecom Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 0.37% increase. The company also saw a substantial improvement in profitability, with a 2307.08% increase in profit. The company's net worth moved up by a moderate rise of 8.52%.

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
0.37%
Revenue from Operations
1.76%
Total Assets
-9.63%
Profit or Loss
2307.08%
Net Worth
8.52%
EBITDA
3.63%

What is the Ownership and Shareholding Structure of Vikas Telecom?

In 2023, Vikas Telecom 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

₹4,983.50 Cr

Satisfied Charges

₹10,832.29 Cr

Charges Breakdown by Lending Institutions

  • Others : 4937.00 Cr
  • Axis Bank Limited : 40.00 Cr
  • The Hongkong And Shanghai Banking Corporation Limited : 6.50 Cr

Latest Charge Details

DateLenderAmountStatus
13 Sep 2024The Hongkong And Shanghai Banking Corporation Limited₹1.50 CrOpen
27 Jun 2024Others₹200.00 CrOpen
27 Feb 2024Others₹1,000.00 CrOpen
09 Feb 2024Others₹450.00 CrOpen
23 Jan 2024Others₹1,000.00 CrOpen

How Many Employees Work at Vikas Telecom?

Unlock and access historical data on people associated with Vikas Telecom, 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 Telecom, 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 Telecom'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 Telecom

Recent activity within the organization

  • Charges

    A charge registered on 16 Nov 2022 via Charge ID 100648586 with Others was fully satisfied on 24 Sep 2024.

    24 Sep 2024

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 1.50 Cr with Charge ID 100983355 was registered on 13 Sep 2024.

    13 Sep 2024

  • Charges

    A charge with Others of Rs. 200.00 Cr registered on 27 Jun 2024 with Charge ID 100943846 was modified on 26 Jul 2024.

    26 Jul 2024

  • Charges

    A charge with Others amounted to Rs. 200.00 Cr with Charge ID 100943846 was registered on 27 Jun 2024.

    27 Jun 2024

  • Annual General Meeting

    Vikas Telecom Private Limited last Annual general meeting of members was held on 22 Jun 2024 as per latest MCA records.

    22 Jun 2024

  • Balance Sheet

    Vikas Telecom Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

Frequently asked questions

  • Vikas Telecom Private Limited was incorporated on 29 May 1992.

  • The authorized share capital of Vikas Telecom Private Limited is ₹ 64.05 Cr and paid-up capital is ₹ 6.52 Cr.

  • Currently 5 directors are associated with Vikas Telecom Private Limited.

    • Jitendra Mohandas Virwani
    • Raghu Sapra
    • Udayavararavind Maiya
    • Donnie Dominic George
    • Gautham Nambiar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vikas Telecom Private Limited is 12Th Floor Pinnacle Tower Embassy One 8 Bellary Road Ganganagar Bengaluru, India, Bangalore North, Karnataka, 560032.

  • The corporate identification number (CIN) of Vikas Telecom Private Limited is U64202KA1992PTC083998 and the company number is 083998 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Vikas Telecom Private Limited is https://www.embassyofficeparks.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Vikas Telecom Private Limited has risen by 0.37%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Vikas Telecom Private Limited has experienced an upsurge of 8.52%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Vikas Telecom Private Limited amount to ₹ 4,983.50 Cr.

  • The most recent Balance Sheet for Vikas Telecom Private Limited was filed with the ROC on 31 Mar 2024.

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