Viks Gears (India) Profile
Key Indicators
- Authorised Capital ₹ 3.80 Cr
- Paid Up Capital ₹ 3.74 Cr
- Company Age 30 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 5.15 Cr
- Satisfied Charges ₹ 6.10 M
- Revenue Growth 156.87%
- Profit Growth 561.37%
- Ebitda 213.16%
- Net Worth 18.66%
- Total Assets -5.05%
About Viks Gears (India)
Viks Gears (India) Limited (VGIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 28 April 1994 and has a history of 30 years and ten months. Its registered office is in Seraikela-Kharsawan, Jharkhand, India.
The Corporate was formerly known as Viks Gears (India) P Limited. The Company is engaged in the Automotive 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 3.80 Cr and a paid-up capital of Rs 3.74 Cr.
The company currently has active open charges totaling ₹5.15 Cr. The company has closed loans amounting to ₹6.10 M, as per Ministry of Corporate Affairs (MCA) records.
Sunil Garg, Anil Garg, Ansuman Kumar, and One other member serve as directors at the Company.
Company Details
- Location
Seraikela-Kharsawan, Jharkhand, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U27109JH1994PLC005870
- Company No.
005870
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
28 Apr 1994
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Jharkhand
Industry
Automotive
What products or services does Viks Gears (India) Limited offer?
Viks Gears (India) Limited offers a wide range of products and services, including Air Intakes, Exhaust Systems & Parts, Exhaust System & System Components.
Who are the key members and board of directors at Viks Gears (India)?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sunil Garg  | Director | 02-Apr-2015 | Current |
| Ansuman Kumar | Director | 25-Feb-2006 | Current |
| Anil Garg | Director | 25-Feb-2006 | Current |
| Vijendra Garg | Director | 25-Feb-2006 | Current |
Financial Performance of Viks Gears (India).
Viks Gears (India) Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 156.87% increase. The company also saw a substantial improvement in profitability, with a 561.37% increase in profit. The company's net worth Soared by an impressive increase of 18.66%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Viks Gears (India)?
In 2021, Viks Gears (India) had a promoter holding of 94.67% and a public holding of 5.34%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Sokhi Engineering Company Private LimitedSunil Garg and Anil Garg are mutual person
Charges (Loans)
Open Charges
₹5.15 Cr
Satisfied Charges
₹0.61 Cr
Charges Breakdown by Lending Institutions
- Union Bank Of India Limited : 4.50 Cr
- Union Bank Of India : 0.65 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Nov 2013 | Union Bank Of India Limited | ₹4.50 Cr | Open |
| 03 Mar 2009 | Union Bank Of India | ₹6.49 M | Open |
| 21 Jan 2019 | Sidbi | ₹6.10 M | Satisfied |
How Many Employees Work at Viks Gears (India)?
Viks Gears (India) has a workforce of 7 employees as of Apr 05, 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 Viks Gears (India), 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 Viks Gears (India)'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.
Latest Updates, News, and FAQs on Viks Gears (India)
Recent activity within the organization
- Annual General Meeting
Viks Gears (India) Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge registered on 21 Jan 2019 via Charge ID 100233243 with Sidbi was fully satisfied on 16 May 2024.
- Balance Sheet
Viks Gears (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Jharkhand.
- Charges
A charge with Sidbi amounted to Rs. 0.61 Cr with Charge ID 100233243 was registered on 21 Jan 2019.
- Director Appointment
Sunil Garg was appointed as a Director was appointed as a Director on 02 Apr 2015 & has been associated with this company since 9 years 11 months .
- Charges
A charge with Union Bank Of India Limited amounted to Rs. 4.50 Cr with Charge ID 10466472 was registered on 23 Nov 2013.
Frequently asked questions
What is the Incorporation or founding date of Viks Gears (India) Limited?
Viks Gears (India) Limited was incorporated on 28 Apr 1994.
What is authorized share capital and paid-up capital of Viks Gears (India) Limited?
The authorized share capital of Viks Gears (India) Limited is ₹ 3.80 Cr and paid-up capital is ₹ 3.74 Cr.
Who are the current board members & directors of Viks Gears (India) Limited?
Currently 4 directors are associated with Viks Gears (India) Limited.
- Sunil Garg
- Anil Garg
- Ansuman Kumar
- Vijendra Kumar Garg
What is the registered address of Viks Gears (India) Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Viks Gears (India) Limited is A-6 Phase Ii, Adityapur Industrial Area Ps- India, Jamshedpur, Jharkhand, 832109.
What is the corporate identification number (CIN) and company number of Viks Gears (India) Limited?
The corporate identification number (CIN) of Viks Gears (India) Limited is U27109JH1994PLC005870 and the company number is 005870 as per Ministry of Corporate Affairs (MCA).
What is the official website of Viks Gears (India) Limited?
The Official website of Viks Gears (India) Limited is https://www.gargsindia.com
What has been the recent revenue trend for Viks Gears (India) Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Viks Gears (India) Limited has risen by 156.87%.
How many employees does Viks Gears (India) Limited currently have?
As Per 2022 financial reports, 7 employees are currently employed by Viks Gears (India) Limited.
What change has been observed in the net worth of Viks Gears (India) Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Viks Gears (India) Limited has experienced an upsurge of 18.66%.
What are the total open charges for Viks Gears (India) Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Viks Gears (India) Limited amount to ₹ 5.15 Cr.
When was the last Balance Sheet of Viks Gears (India) Limited filed with the ROC?
The most recent Balance Sheet for Viks Gears (India) Limited was filed with the ROC on 31 Mar 2024.
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