Viks Gears (India) Limited

Manufactures auto components, including gearbox housing, steering gearbox mounting, and silencers.

1994 | Seraikela-Kharsawan, Jharkhand (India) | Active
Last Updated: January 02, 2025

Viks Gears (India) Profile

Key Indicators

  • Authorised Capital ₹ 3.80 Cr
  • Paid Up Capital ₹ 3.74 Cr
  • Company Age 30 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.15 Cr
  • Satisfied Charges ₹ 6.10 M
  • Revenue Growth 18.40%
  • Profit Growth 763.35%
  • Ebitda 136.58%
  • Net Worth 12.83%
  • Total Assets 14.65%

About Viks Gears (India)

Viks Gears (India) Limited (VGIL) is a Public Limited Indian Non-Government Company incorporated in India on 28 April 1994 and has a history of 30 years and nine 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
  • 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 Country flag representing In Director 02-Apr-2015 Current
Ansuman Kumar Country flag representing In Director 25-Feb-2006 Current
Anil Garg Country flag representing In Director 25-Feb-2006 Current
Vijendra Garg Country flag representing In Director 25-Feb-2006 Current

Financial Performance of Viks Gears (India).

Viks Gears (India) Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 18.4% increase. The company also saw a substantial improvement in profitability, with a 763.35% increase in profit. The company's net worth Soared by an impressive increase of 12.83%.

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
18.40%
Revenue from Operations
17.04%
Total Assets
14.65%
Profit or Loss
763.35%
Net Worth
12.83%
EBITDA
136.58%

What is the Ownership and Shareholding Structure of Viks Gears (India)?

In 2020, 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.

Shareholding Indicator graph

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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.

    30 Sep 2024

  • Charges

    A charge registered on 21 Jan 2019 via Charge ID 100233243 with Sidbi was fully satisfied on 16 May 2024.

    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.

    31 Mar 2024

  • Charges

    A charge with Sidbi amounted to Rs. 0.61 Cr with Charge ID 100233243 was registered on 21 Jan 2019.

    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 10 months .

    02 Apr 2015

  • 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.

    23 Nov 2013

Frequently asked questions

  • Viks Gears (India) Limited was incorporated on 28 Apr 1994.

  • The authorized share capital of Viks Gears (India) Limited is ₹ 3.80 Cr and paid-up capital is ₹ 3.74 Cr.

  • Currently 4 directors are associated with Viks Gears (India) Limited.

    • Sunil Garg
    • Anil Garg
    • Ansuman Kumar
    • Vijendra Kumar Garg
  • 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.

  • 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).

  • The Official website of Viks Gears (India) Limited is https://www.gargsindia.com

  • According to the financial reports for the fiscal year 2020, the revenue trend for Viks Gears (India) Limited has risen by 18.40%.

  • As Per 2020 financial reports, 7 employees are currently employed by Viks Gears (India) Limited.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Viks Gears (India) Limited has experienced an upsurge of 12.83%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Viks Gears (India) Limited amount to ₹ 5.15 Cr.

  • The most recent Balance Sheet for Viks Gears (India) Limited was filed with the ROC on 31 Mar 2024.

People also Viewed

Similar Companies Based on Auto Parts & Components