Vikash Durables Profile
Key Indicators
- Authorised Capital ₹ 2.00 M
as on 17-11-2024
- Paid Up Capital ₹ 0.90 M
as on 17-11-2024
- Company Age 40 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1.00 Cr
as on 17-11-2024
- Satisfied Charges ₹ 2.81 Cr
as on 17-11-2024
- Revenue -47.68%
(FY 2023)
- Profit -598.63%
(FY 2023)
- Ebitda 69.04%
(FY 2023)
- Net Worth -8.83%
(FY 2023)
- Total Assets -1.23%
(FY 2023)
About Vikash Durables
The Corporate was formerly known as Vikash Distributors Private Limited. The Company is engaged in the Consumer Electronics & Durables 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 2.00 M and a paid-up capital of Rs 0.90 M.
The company currently has active open charges totaling ₹1.00 Cr. The company has closed loans amounting to ₹2.81 Cr, as per Ministry of Corporate Affairs (MCA) records.
Suresh Banka, Prakash Tibarewala, and Subhash Tibarewala serve as directors at the Company.
- CIN/LLPIN
U51109UP1984PLC006741
- Company No.
006741
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
20 Sep 1984
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Kanpur
Industry
Company Details
- Location
Kanpur Dehat, Uttar Pradesh, India
- Telephone
- Email Address
- Website
- Social Media-
What products or services does Vikash Durables Limited offer?
Vikash Durables Limited offers a wide range of products and services, including Domestic Fans, AC & Coolers, Air Coolers.
Who are the key members and board of directors at Vikash Durables?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Subhash Tibarewala  | Managing Director | 15-Oct-1984 | Current |
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Suresh Banka | Director | 01-Mar-2021 | Current |
| Prakash Tibarewala | Director | 01-Apr-1997 | Current |
Financial Performance of Vikash Durables.
Vikash Durables Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 47.68% decrease. The company also saw a substantial fall in profitability, with a 598.63% decrease in profit. The company's net worth dipped by a decrease of 8.83%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Vikash Durables?
In 2023, Vikash Durables had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 29 Nov 2021 | ₹1.00 Cr | Open |
Others Creation Date: 31 Jul 2019 | ₹8.95 M | Satisfied |
Punjab National Bank Creation Date: 16 Feb 2015 | ₹2.50 M | Satisfied |
How Many Employees Work at Vikash Durables?
Vikash Durables has a workforce of 0 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 Vikash Durables, 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 Vikash Durables'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.
