Viva Highways Limited

Real estate development and construction services.

2001 | Nashik, Maharashtra (India) | Active
Last Updated: November 16, 2024

Viva Highways Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 9.81 Cr
  • Company Age 23 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 801.96 Cr
  • Satisfied Charges ₹ 268.19 Cr
  • Revenue Growth -15.96%
  • Profit Growth 141.01%
  • Ebitda -57.93%
  • Net Worth 5.61%
  • Total Assets 5.00%

About Viva Highways

Viva Highways Limited (VHL) is a leading Public Limited Indian Non-Government Company incorporated in India on 16 August 2001 and has a history of 23 years and six months. Its registered office is in Nashik, Maharashtra, India.

The Corporate was formerly known as Viva Highways Private Limited. The Company is engaged in the Real Estate And Construction 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 10.00 Cr and a paid-up capital of Rs 9.81 Cr.

The company currently has active open charges totaling ₹801.96 Cr. The company has closed loans amounting to ₹268.19 Cr, as per Ministry of Corporate Affairs (MCA) records.

Rajendra Burad, Mahendra Mehta, and Anup Katariya serve as directors at the Company.

Company Details

  • Location

    Nashik, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    ashokabuildcon.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U45200MH2001PLC171661

  • Company No.

    171661

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    16 Aug 2001

  • Date of AGM

    19 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Real Estate and Construction

Who are the key members and board of directors at Viva Highways?

Board Members (3)

NameDesignationAppointment DateStatus
Rajendra Burad Country flag representing In Director 25-Aug-2016Current
Mahendra Mehta Country flag representing In Nominee Director 29-May-2024Current
Anup Katariya Country flag representing In Nominee Director 04-Oct-2019Current

Financial Performance of Viva Highways.

Viva Highways Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 15.96% decrease. The company also saw a substantial improvement in profitability, with a 141.01% increase in profit. The company's net worth moved up by a moderate rise of 5.61%.

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
-15.96%
Revenue from Operations
-37.02%
Total Assets
5.00%
Profit or Loss
141.01%
Net Worth
5.61%
EBITDA
-57.93%

What is the Ownership and Shareholding Structure of Viva Highways?

In 2023, Viva Highways had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹801.96 Cr

Satisfied Charges

₹268.19 Cr

Charges Breakdown by Lending Institutions

  • Idbi Trusteeship Services Limited : 582.36 Cr
  • Sbicap Trustee Company Limited : 150.00 Cr
  • Others : 35.00 Cr
  • Hdfc Bank Limited : 34.60 Cr

Latest Charge Details

DateLenderAmountStatus
14 Sep 2023Hdfc Bank Limited₹14.30 CrOpen
22 Jun 2020Hdfc Bank Limited₹20.30 CrOpen
12 Jul 2019Others₹35.00 CrOpen
14 Aug 2018Sbicap Trustee Company Limited₹150.00 CrOpen
18 Mar 2016Idbi Trusteeship Services Limited₹582.36 CrOpen

How Many Employees Work at Viva Highways?

Viva Highways has a workforce of 75 employees as of Mar 27, 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 Viva Highways, 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 Viva Highways'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 Viva Highways

Recent activity within the organization

  • Annual General Meeting

    Viva Highways Limited last Annual general meeting of members was held on 19 Sep 2024 as per latest MCA records.

    19 Sep 2024

  • Director Appointment

    Mahendra Bhopalsingh Mehta was appointed as a Nominee Director was appointed as a Nominee Director on 29 May 2024 & has been associated with this company since 8 months 25 days .

    29 May 2024

  • Balance Sheet

    Viva Highways Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 14.30 Cr with Charge ID 100788127 was registered on 14 Sep 2023.

    14 Sep 2023

  • Charges

    A charge registered on 25 Feb 2022 via Charge ID 100548595 with Others was fully satisfied on 01 Jul 2023.

    01 Jul 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 20.30 Cr registered on 22 Jun 2020 with Charge ID 100343717 was modified on 27 Mar 2023.

    27 Mar 2023

Frequently asked questions

  • Viva Highways Limited was incorporated on 16 Aug 2001.

  • The authorized share capital of Viva Highways Limited is ₹ 10.00 Cr and paid-up capital is ₹ 9.81 Cr.

  • Currently 3 directors are associated with Viva Highways Limited.

    • Rajendra Chindulal Burad
    • Mahendra Bhopalsingh Mehta
    • Anup Subhashchandra Katariya
  • As per Ministry of Corporate Affairs (Mca), the registered address of Viva Highways Limited is S. No. 113/2 3Rd Floor Ashoka Business Enclave Wadala Road, India, Nashik, Maharashtra, 422009.

  • The corporate identification number (CIN) of Viva Highways Limited is U45200MH2001PLC171661 and the company number is 171661 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Viva Highways Limited is https://www.ashokabuildcon.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Viva Highways Limited has fallen by -15.96%.

  • As Per 2023 financial reports, 75 employees are currently employed by Viva Highways Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Viva Highways Limited has experienced an upsurge of 5.61%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Viva Highways Limited amount to ₹ 801.96 Cr.

  • The most recent Balance Sheet for Viva Highways Limited was filed with the ROC on 31 Mar 2024.

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