Vikash Finvest Private Limited

Manages residential hotels and restaurants.

1995 | Mumbai, Maharashtra (India) | Active
Last Updated: July 17, 2024

Vikash Finvest Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.50 M
  • Company Age 29 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 6.83 Cr
  • Revenue Growth 46.84%
  • Profit Growth -2164.59%
  • Ebitda -46.35%
  • Net Worth -33.37%
  • Total Assets -13.44%

About Vikash Finvest

Vikash Finvest Private Limited (VFPL) is a Private Limited Indian Non-Government Company incorporated in India on 22 August 1995 and has a history of 29 years and six months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Travel And Hospitality 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 2.50 M and a paid-up capital of Rs 2.50 M.

The company currently has active open charges totaling ₹6.83 Cr.

Rajubhai Prajapati, Ritesh Mehta, and Bhavana Mehta serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U67120MH1995PTC092055

  • Company No.

    092055

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Aug 1995

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Travel and Hospitality

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

Board Members (3)

NameDesignationAppointment DateStatus
Rajubhai Prajapati Country flag representing In Director 30-Sep-2003Current
Ritesh Mehta Country flag representing In Director 22-Dec-2009Current
Bhavana Mehta Country flag representing In Director 01-Jul-2005Current

Financial Performance of Vikash Finvest.

Vikash Finvest Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 46.84% increase. The company also saw a substantial fall in profitability, with a 2164.59% decrease in profit. The company's net worth observed a substantial decline by a decrease of 33.37%.

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
46.84%
Revenue from Operations
50.00%
Total Assets
-13.44%
Profit or Loss
-2164.59%
Net Worth
-33.37%
EBITDA
-46.35%

What is the Ownership and Shareholding Structure of Vikash Finvest?

In 2023, Vikash Finvest 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

₹68.30 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • The Bharat Co-Operative Bank(Mumbai) Ltd : 3.75 Cr
  • The City Co-Operative Bank Limited Dahisar West Branch : 1.68 Cr
  • The City Co-Operative Bank Limited : 1.40 Cr

Latest Charge Details

DateLenderAmountStatus
27 Jul 2012The Bharat Co-Operative Bank(Mumbai) Ltd₹3.75 CrOpen
26 Dec 2008The City Co-Operative Bank Limited Dahisar West Branch₹1.43 CrOpen
17 Oct 2008The City Co-Operative Bank Limited Dahisar West Branch₹2.50 MOpen
14 Dec 2001The City Co-Operative Bank Limited₹1.10 CrOpen
14 Dec 2001The City Co-Operative Bank Limited₹3.00 MOpen

How Many Employees Work at Vikash Finvest?

Unlock and access historical data on people associated with Vikash Finvest, 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 Vikash Finvest, 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 Finvest'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 Finvest

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Vikash Finvest Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with The Bharat Co-Operative Bank(Mumbai) Ltd of Rs. 37.50 M registered on 27 Jul 2012 with Charge ID 10371429 was modified on 23 Dec 2013.

    23 Dec 2013

  • Charges

    A charge with The Bharat Co-Operative Bank(Mumbai) Ltd amounted to Rs. 37.50 M with Charge ID 10371429 was registered on 27 Jul 2012.

    27 Jul 2012

  • Director Appointment

    Ritesh Kirit Mehta was appointed as a Director was appointed as a Director on 22 Dec 2009 & has been associated with this company since 15 years 2 months .

    22 Dec 2009

  • Charges

    A charge with The City Co-Operative Bank Limited Dahisar West Branch amounted to Rs. 14.30 M with Charge ID 10135878 was registered on 26 Dec 2008.

    26 Dec 2008

Frequently asked questions

  • Vikash Finvest Private Limited was incorporated on 22 Aug 1995.

  • The authorized share capital of Vikash Finvest Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.50 M.

  • Currently 3 directors are associated with Vikash Finvest Private Limited.

    • Rajubhai Gokulbhai Prajapati
    • Ritesh Kirit Mehta
    • Bhavana Kirit Mehta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vikash Finvest Private Limited is Shop No. 12Jaya EstateJaya Cinema Comound S.V. Road Borivali, Mumbai, Maharashtra, India, 400092.

  • The corporate identification number (CIN) of Vikash Finvest Private Limited is U67120MH1995PTC092055 and the company number is 092055 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Vikash Finvest Private Limited has risen by 46.84%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Vikash Finvest Private Limited has experienced an downturn of -33.37%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Vikash Finvest Private Limited amount to ₹ 6.83 Cr.

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

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