Vikash Residential Institutions Private Limited

Multi-specialty hospital with various departments and 150 beds.

2021 | Bargarh, Odisha (India) | Active
Last Updated: November 01, 2024

Vikash Residential Institutions Profile

Key Indicators

  • Authorised Capital ₹ 35.00 Cr
  • Paid Up Capital ₹ 22.03 Cr
  • Company Age 3 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 53.94 Cr
  • Satisfied Charges ₹ 32.39 Cr
  • Revenue Growth 163.20%
  • Profit Growth 347.10%
  • Ebitda 162.00%
  • Net Worth 23.49%
  • Total Assets 33.43%

About Vikash Residential Institutions

Vikash Residential Institutions Private Limited (VRIPL) is a Private Limited Indian Non-Government Company incorporated in India on 09 November 2021 (Three years and three months 5 days old ). Its registered office is in Bargarh, Odisha, India.

The Company is engaged in the Healthcare 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 35.00 Cr and a paid-up capital of Rs 22.03 Cr.

The company currently has active open charges totaling ₹53.94 Cr. The company has closed loans amounting to ₹32.39 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Vikash Residential Institutions Private Limited India is Neha Sharma as COMPANY SECRETARY. Murali Dasari, Srinivas Valluri, Gunnam Rao, and One other member serve as directors at the Company.

Company Details

  • Location

    Bargarh, Odisha, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    vikashhospitals.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U80300OR2021PTC038096

  • Company No.

    038096

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Nov 2021

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Cuttack

Industry

Healthcare

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

Executive Team (1)

Name Designation Appointment Date Status
Neha Sharma Company Secretary 06-Feb-2024 Current

Board Members (4)

Name Designation Appointment Date Status
Murali Dasari Country flag representing In Director 09-Nov-2021 Current
Srinivas Valluri Country flag representing In Director 09-Nov-2021 Current
Gunnam Rao Country flag representing In Director 09-Nov-2021 Current
Dasari Rao Country flag representing In Director 09-Nov-2021 Current

Financial Performance of Vikash Residential Institutions.

Vikash Residential Institutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 163.2% increase. The company also saw a substantial improvement in profitability, with a 347.1% increase in profit. The company's net worth Soared by an impressive increase of 23.49%.

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
163.20%
Revenue from Operations
163.04%
Total Assets
33.43%
Profit or Loss
347.10%
Net Worth
23.49%
EBITDA
162.00%

What is the Ownership and Shareholding Structure of Vikash Residential Institutions?

In 2023, Vikash Residential Institutions 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

₹53.94 Cr

Satisfied Charges

₹32.39 Cr

Charges Breakdown by Lending Institutions

  • Others : 37.92 Cr
  • Hdfc Bank Limited : 11.20 Cr
  • State Bank Of India : 4.00 Cr
  • Axis Bank Limited : 0.82 Cr

Latest Charge Details

Date Lender Amount Status
22 Jul 2024 State Bank Of India ₹4.00 Cr Open
10 Jun 2024 Hdfc Bank Limited ₹11.20 Cr Open
26 Aug 2023 Axis Bank Limited ₹8.20 M Open
18 Aug 2023 Others ₹27.92 Cr Open
17 Aug 2023 Others ₹10.00 Cr Open

How Many Employees Work at Vikash Residential Institutions?

Vikash Residential Institutions has a workforce of 0 employees as of Mar 31, 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 Residential Institutions, 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 Residential Institutions'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 Residential Institutions

Recent activity within the organization

  • Charges

    A charge with State Bank Of India amounted to Rs. 4.00 Cr with Charge ID 100962857 was registered on 22 Jul 2024.

    22 Jul 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 11.20 Cr with Charge ID 100934700 was registered on 10 Jun 2024.

    10 Jun 2024

  • Director Appointment

    Neha Sharma was appointed as a Company Secretary was appointed as a Company Secretary on 06 Feb 2024 & has been associated with this company since 1 year 7 days .

    06 Feb 2024

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.82 Cr with Charge ID 100801463 was registered on 26 Aug 2023.

    26 Aug 2023

  • Charges

    A charge registered on 29 Apr 2022 via Charge ID 100567507 with State Bank Of India was fully satisfied on 25 Aug 2023.

    25 Aug 2023

Frequently asked questions

  • Vikash Residential Institutions Private Limited was incorporated on 09 Nov 2021.

  • The authorized share capital of Vikash Residential Institutions Private Limited is ₹ 35.00 Cr and paid-up capital is ₹ 22.03 Cr.

  • Currently 5 directors are associated with Vikash Residential Institutions Private Limited.

    • Murali Krishna Dasari
    • Srinivas Valluri
    • Gunnam Bhaskar Rao
    • Dasari Nageswar Rao
    • Neha Sharma
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vikash Residential Institutions Private Limited is At- Vikash Multispeciality Hospital Post- Barahguda Canal Chowk India, Bargarh, Orissa, 768028.

  • The corporate identification number (CIN) of Vikash Residential Institutions Private Limited is U80300OR2021PTC038096 and the company number is 038096 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Vikash Residential Institutions Private Limited is https://www.vikashhospitals.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Vikash Residential Institutions Private Limited has risen by 163.20%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Vikash Residential Institutions Private Limited has experienced an upsurge of 23.49%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Vikash Residential Institutions Private Limited amount to ₹ 53.94 Cr.

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

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