About Vikas Setu Private Limited
Data last updated:
Vikas Setu Private Limited is a private limited company based in Kalkere, Karnataka, India, recognised as a startup by DPIIT. It operates in the online service marketplaces segment of the internet and digital services sector. It was incorporated on 07 August 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2020PTC136963. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹3 Lakh. It is led by directors including Kirtikumar Pokar Hardik and Paresh Parasia.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at No. 8 Jay Jalaram Nivas Sal Munirajappa Layout 1st Cross N R I Layout, Kalkere, Karnataka, India – 560016.
As per the financials filed for FY 2023, the company reported a revenue of ₹26.47 Lakh. For the same year it recorded a net profit of ₹8.21 Lakh (net margin 31%) and EBITDA of ₹8.19 Lakh (EBITDA margin 31%).
The company is associated with 1 brand: Vikas Setu.
For more details, the company can be reached via its website vikassetu.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNo. 8 Jay Jalaram Nivas Sal Munirajappa Layout 1st Cross N R I Layout, Kalkere, Karnataka, India – 560016
- IndustryInternet, Online Service Marketplaces
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Financials of Vikas Setu Private Limited FY 2023 filings available
Vikas Setu Private Limited reported revenue of ₹26.47 Lakh for FY 2023.
Financial Statement Summary of Vikas Setu Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Revenue | ₹26.47 Lakh | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| EBITDA | ₹8.19 Lakh | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | ₹8.21 Lakh | •••• | •••• |
| Balance Sheet | |||
| Share Capital | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• |
Financial Ratios of Vikas Setu Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 31% | •••• | •••• |
| Net Profit Margin | 31% | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• |
| Liquidity and Debt | |||
| Current Ratio | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• |
| Efficiency and Growth | |||
| Asset Turnover | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Vikas Setu are in the company report.
Financial statements from FY 2021
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Vikas Setu Private Limited
Vikas Setu Private Limited is compared with the companies closest to it by revenue in the Ecommerce and Internet industry (Online Service Providers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Facto Technology Private Limited | ₹26.74 Lakh (FY 2023) | •••• | •••• | 2574.0% | •••• | Bangalore, Karnataka, India |
| Ynet Telecom Solutions Private Limited | ₹26.73 Lakh (FY 2025) | •••• | •••• | -32.0% | •••• | Greater Noida, Uttar Pradesh, India |
| Bprotech Private Limited | ₹26.72 Lakh (FY 2024) | •••• | •••• | 92.0% | •••• | Bangalore, Karnataka, India |
| J T S Trade Mart Private Limited | ₹26.68 Lakh (FY 2018) | •••• | •••• | -19.0% | •••• | Lucknow, Uttar Pradesh, India |
| Blink Travel Innovations Private Limited | ₹26.63 Lakh (FY 2024) | •••• | •••• | 1.0% | •••• | Bangalore, Karnataka, India |
| Vikas Setu Private Limited this company | ₹26.47 Lakh (FY 2023) | •••• | •••• | •••• | Kalkere, Karnataka, India | |
| Dynamicbit Technologies Private Limited | ₹26.38 Lakh (FY 2024) | •••• | •••• | 129.0% | •••• | Bangalore, Cv Raman Nagar, Karnataka, India |
| Letfly Direct Technologies Private Limited | ₹26.23 Lakh (FY 2025) | •••• | •••• | •••• | Delhi, India | |
| Aidhive Workshop Private Limited | ₹25.71 Lakh (FY 2025) | •••• | •••• | 303.0% | •••• | Patnab, Bihar, India |
| Ou Technologies Private Limited | ₹25.67 Lakh (FY 2024) | •••• | •••• | -98.0% | •••• | Jaipur, Rajasthan, India |
| Pallithekkethil Hospitality Private Limited | ₹25.61 Lakh (FY 2023) | •••• | •••• | 372.0% | •••• | Malappuram, Kerala, India |
Peers are the five companies nearest above and the five nearest below Vikas Setu by revenue in the Ecommerce and Internet industry (Online Service Providers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Vikas Setu Private Limited
Vikas Setu Private Limited is audited by Nipun Patel & Co for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Nipun Patel & Co | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Vikas Setu Private Limited
Vikas Setu has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kirtikumar Pokar Hardik Also directs: Jobcento Private Limited | Director | 09 Dec 2020 | 5 Years 10 Months | Current |
| Paresh Parasia Also directs: Jobcento Private Limited | Director | 07 Aug 2020 | 6 Years 2 Months | Current |
| Yogesh Amrutlal Patel | Director | 07 Aug 2020 | 6 Years 2 Months | Current |
Ownership and Shareholding of Vikas Setu Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Vikas Setu Private Limited
Vikas Setu Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Vikas Setu Private Limited
Vikas Setu operates one associated brand: Vikas Setu. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides an online platform to hire various home service professionals conveniently. | vikassetu.com |
Employees and EPFO Compliance at Vikas Setu Private Limited
Vikas Setu Private Limited has a workforce of 0 employees as of Apr 09, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Vikas Setu Private Limited
Vikas Setu Private Limited has 5 board changes on record since 2020: 3 appointments and 2 cessations. The latest: Kirtikumar Pokar Hardik ceased to be Additional Director on 23 Dec 2021.
Credit Ratings, Litigation & Regulatory Alerts for Vikas Setu Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Vikas Setu Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Vikas Setu Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Vikas Setu Private Limited
Vikas Setu has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Vikas Setu Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Vikas Setu Private Limited
Vikas Setu is an active private limited company based in Kalkere, Karnataka, India. The company works in online service marketplaces, within the internet industry. It was incorporated on 07 August 2020 (6+ years old) and is registered under CIN U72900KA2020PTC136963.
Vikas Setu reported revenue of ₹26.47 Lakh for FY 2023.
Vikas Setu has 3 current directors:
- Kirtikumar Pokar Hardik - Director
- Paresh Parasia - Director
- Yogesh Amrutlal Patel - Director
Vikas Setu reported a net profit of ₹8.21 Lakh (net margin 31%) and EBITDA of ₹8.19 Lakh (EBITDA margin 31%) for FY 2023, as per its filed financial statements.
No. Vikas Setu has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Vikas Setu is U72900KA2020PTC136963. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vikas Setu was incorporated on 07 August 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Vikas Setu by revenue are Facto Technology Private Limited, Ynet Telecom Solutions Private Limited, Bprotech Private Limited, J T S Trade Mart Private Limited, Blink Travel Innovations Private Limited and 5 more, all in the Ecommerce and Internet industry (Online Service Providers).
Kirtikumar Pokar Hardik ceased to be Additional Director on 23 Dec 2021. Dipesh Damji Patel ceased to be Director on 09 Dec 2020. Kirtikumar Pokar Hardik was appointed as Director on 09 Dec 2020. Vikas Setu has 5 board changes on record in total.
Yes, Vikas Setu is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Vikas Setu can be reached through the website vikassetu.com. Its registered office is in Kalkere, Karnataka, India.