Vk1 Expressway Profile
Key Indicators
- Authorised Capital ₹ 122.50 Cr
- Paid Up Capital ₹ 122.50 Cr
- Company Age 6 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 955.00 Cr
- Satisfied Charges ₹ 981.00 Cr
- Revenue Growth -64.39%
- Profit Growth -95.72%
- Ebitda -36.85%
- Net Worth -35.40%
- Total Assets 1.52%
About Vk1 Expressway
Vk1 Expressway Limited (VEL) is a Public Limited Indian Non-Government Company incorporated in India on 17 April 2018 (Six years and ten months 15 days old ). Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the Infrastructure And Utilities 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 122.50 Cr and a paid-up capital of Rs 122.50 Cr.
The company currently has active open charges totaling ₹955.00 Cr. The company has closed loans amounting to ₹981.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Vk1 Expressway Limited India is Gayatri Yadav as CEO. Sumit Banerjee, Vinodkumar Menon, Kshama Vengsarkar, and Two other members 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
U45309MH2018PLC308159
- Company No.
308159
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
17 Apr 2018
- Date of AGM
25 Jul 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Infrastructure and Utilities
Who are the key members and board of directors at Vk1 Expressway?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Gayatri Yadav  | CEO | 22-Nov-2022 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vinodkumar Menon | Director | 07-Nov-2022 | Current |
| Sumit Banerjee | Director | 30-May-2024 | Current |
| Kshama Vengsarkar | Director | 22-Nov-2022 | Current |
| Omprakash Ashok | Director | 22-Nov-2022 | Current |
| Rushabh Gandhi | Director | 07-Nov-2022 | Current |
Financial Performance of Vk1 Expressway.
Vk1 Expressway Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 64.39% decrease. The company also saw a substantial fall in profitability, with a 95.72% decrease in profit. The company's net worth observed a substantial decline by a decrease of 35.4%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Vk1 Expressway?
In 2023, Vk1 Expressway had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Indian Highways Management Company LimitedVinodkumar Menon is a mutual person
Clean Max Enviro Energy Solutions Private LimitedSumit Banerjee is a mutual person
- Idaa Infrastructure Limited
Sumit Banerjee, Vinodkumar Menon and 3 more are mutual person
- Irb Surat Dahisar Tollway Limited
Vinodkumar Menon, Kshama Vengsarkar and 2 more are mutual person
- Irb Jaipur Deoli Tollway Limited
Vinodkumar Menon, Kshama Vengsarkar and 3 more are mutual person
- Irb Sindhudurg Airport Private Limited
Kshama Vengsarkar is a mutual person
Charges (Loans)
Open Charges
₹955.00 Cr
Satisfied Charges
₹981.00 Cr
Charges Breakdown by Lending Institutions
- Sbicap Trustee Company Limited : 955.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Oct 2022 | Sbicap Trustee Company Limited | ₹955.00 Cr | Open |
| 17 Oct 2018 | Others | ₹981.00 Cr | Satisfied |
How Many Employees Work at Vk1 Expressway?
Unlock and access historical data on people associated with Vk1 Expressway, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Vk1 Expressway, 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 Vk1 Expressway'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 Vk1 Expressway
Recent activity within the organization
- Annual General Meeting
Vk1 Expressway Limited last Annual general meeting of members was held on 25 Jul 2024 as per latest MCA records.
- Director Appointment
Sumit Banerjee was appointed as a Director was appointed as a Director on 30 May 2024 & has been associated with this company since 9 months 2 days .
- Balance Sheet
Vk1 Expressway Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge registered on 17 Oct 2018 via Charge ID 100212550 with Others was fully satisfied on 01 Dec 2022.
- Director Appointment
Kshama Amit Vengsarkar was appointed as a Director was appointed as a Director on 22 Nov 2022 & has been associated with this company since 2 years 3 months .
- Director Appointment
Omprakash Singh Ashok was appointed as a Director was appointed as a Director on 22 Nov 2022 & has been associated with this company since 2 years 3 months .
Recent News, Updates & Announcement
- IRB Infra well-placed to ride NHAI’s monetization plan | Mint.
Investors are excited about the December toll collections where the road and highway developer saw nearly 26% year-on-year growth to ₹488 crore..
- Adani, Cube, IRB Infra, Canada’s CPPIB in race for 9 NHAI roads | Mint.
NHAI has put up the road stretches in UP, Jharkhand, Bihar and TN for toll-operate-transfer auctions.NHAI sets the initial estimated concession value (IECV) for the third TOT at ₹4,995.48 cr.
- IRB Infrastructure Q4 net profit dips 13% to ₹208 crore | Mint.
Total income for January-March quarter rises to ₹1,998.91 crore from ₹1,432.10 crore in the year-ago period.For FY19, IRB posts a consolidated net profit of ₹849.96 crore as against ₹919.65 crore in the previous fiscal.
Frequently asked questions
What is the Incorporation or founding date of Vk1 Expressway Limited?
Vk1 Expressway Limited was incorporated on 17 Apr 2018.
What is authorized share capital and paid-up capital of Vk1 Expressway Limited?
The authorized share capital of Vk1 Expressway Limited is ₹ 122.50 Cr and paid-up capital is ₹ 122.50 Cr.
Who are the current board members & directors of Vk1 Expressway Limited?
Currently 6 directors are associated with Vk1 Expressway Limited.
- Sumit Banerjee
- Vinodkumar Sethumadhva Menon
- Kshama Amit Vengsarkar
- Omprakash Singh Ashok
- Rushabh Rakesh Gandhi
- Gayatri Lakhiprasad Yadav
What is the registered address of Vk1 Expressway Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Vk1 Expressway Limited is Irb Complex Chandivali Farm Village Andheri (East), India, Mumbai, Maharashtra, 400072.
What is the corporate identification number (CIN) and company number of Vk1 Expressway Limited?
The corporate identification number (CIN) of Vk1 Expressway Limited is U45309MH2018PLC308159 and the company number is 308159 as per Ministry of Corporate Affairs (MCA).
What is the official website of Vk1 Expressway Limited?
The Official website of Vk1 Expressway Limited is https://www.irb.co.in
What has been the recent revenue trend for Vk1 Expressway Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Vk1 Expressway Limited has fallen by -64.39%.
What change has been observed in the net worth of Vk1 Expressway Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Vk1 Expressway Limited has experienced an downturn of -35.40%.
What are the total open charges for Vk1 Expressway Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Vk1 Expressway Limited amount to ₹ 955.00 Cr.
When was the last Balance Sheet of Vk1 Expressway Limited filed with the ROC?
The most recent Balance Sheet for Vk1 Expressway Limited was filed with the ROC on 31 Mar 2024.
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