Vikash Fastners Pvt Ltd

Manufactures and supplies industrial fasteners, machinery parts, and hardware goods since 1989.

1989 | Kolkata, West Bengal (India) | Active
Last Updated: October 23, 2024

Vikash Fastners Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.69 Cr
  • Company Age 35 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 284.61 Cr
  • Satisfied Charges ₹ 5.60 Cr
  • Revenue Growth 267.52%
  • Profit Growth 110.00%
  • Ebitda 557.03%
  • Net Worth 25.55%
  • Total Assets 0.95%

About Vikash Fastners

Vikash Fastners Pvt Ltd (VFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 October 1989 and has a history of 35 years and four months. Its registered office is in Kolkata, West Bengal, 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 2.00 Cr and a paid-up capital of Rs 1.69 Cr.

The company currently has active open charges totaling ₹284.61 Cr. The company has closed loans amounting to ₹5.60 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ashish Rungta, Alok Rungta, Maya Rungta, and One other member serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29246WB1989PTC047741

  • Company No.

    047741

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Oct 1989

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Metals and Minerals

Who are the key members and board of directors at Vikash Fastners?

Board Members (4)

NameDesignationAppointment DateStatus
Ashish Rungta Country flag representing In Director 01-Jul-2011Current
Alok Rungta Country flag representing In Director 17-May-2010Current
Maya Rungta Country flag representing In Director 23-Jun-2004Current
Santosh Gupta Country flag representing In Director 10-Jun-2020Current

Financial Performance of Vikash Fastners.

Vikash Fastners Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 267.52% increase. The company also saw a substantial improvement in profitability, with a 110% increase in profit. The company's net worth Soared by an impressive increase of 25.55%.

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
267.52%
Revenue from Operations
Total Assets
0.95%
Profit or Loss
110.00%
Net Worth
25.55%
EBITDA
557.03%

What is the Ownership and Shareholding Structure of Vikash Fastners?

In 2022, Vikash Fastners 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

₹284.61 Cr

Satisfied Charges

₹5.60 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 268.08 Cr
  • Others : 9.04 Cr
  • Punjab National Bank : 7.49 Cr

Latest Charge Details

DateLenderAmountStatus
10 Aug 2023Others₹9.04 CrOpen
22 Sep 2022State Bank Of India₹6.50 CrOpen
28 Jan 2022State Bank Of India₹6.00 CrOpen
28 Oct 2021State Bank Of India₹144.18 CrOpen
18 Dec 2019State Bank Of India₹7.45 CrOpen

How Many Employees Work at Vikash Fastners?

Vikash Fastners 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Vikash Fastners, 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 Fastners'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 Vikash Fastners

Recent activity within the organization

  • Charges

    A charge with State Bank Of India of Rs. 6.50 Cr registered on 22 Sep 2022 with Charge ID 100615976 was modified on 17 Feb 2024.

    17 Feb 2024

  • Annual General Meeting

    Vikash Fastners Pvt Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 9.04 Cr with Charge ID 100767591 was registered on 10 Aug 2023.

    10 Aug 2023

  • Charges

    A charge registered on 29 Feb 2012 via Charge ID 10342844 with Tata Capital Limited was fully satisfied on 18 Apr 2023.

    18 Apr 2023

  • Charges

    A charge registered on 29 Feb 2012 via Charge ID 10342980 with Tata Capital Limited was fully satisfied on 18 Apr 2023.

    18 Apr 2023

  • Charges

    A charge registered on 29 Feb 2012 via Charge ID 10342993 with Tata Capital Limited was fully satisfied on 18 Apr 2023.

    18 Apr 2023

Frequently asked questions

  • Vikash Fastners Pvt Ltd was incorporated on 20 Oct 1989.

  • The authorized share capital of Vikash Fastners Pvt Ltd is ₹ 2.00 Cr and paid-up capital is ₹ 1.69 Cr.

  • Currently 4 directors are associated with Vikash Fastners Pvt Ltd.

    • Ashish Rungta
    • Alok Rungta
    • Maya Rungta
    • Santosh Kumar Gupta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vikash Fastners Pvt Ltd is Diamond Prestige Room No 310 41A, A J C Bose Road India, Kolkata, West Bengal, 700017.

  • The corporate identification number (CIN) of Vikash Fastners Pvt Ltd is U29246WB1989PTC047741 and the company number is 047741 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Vikash Fastners Pvt Ltd has risen by 267.52%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Vikash Fastners Pvt Ltd has experienced an upsurge of 25.55%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Vikash Fastners Pvt Ltd amount to ₹ 284.61 Cr.

  • The most recent Balance Sheet for Vikash Fastners Pvt Ltd was filed with the ROC on 31 Mar 2023.

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