MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-05-0011894
Apollo Vikas Steels Private Limited - transport and logistics in Bhavnagar, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹4.46 Cr
▲ 58% YoY
Net loss · FY 2025
₹56.75 Lakh
Net margin -12.7%
EBITDA · FY 2025
₹1.28 Cr
EBITDA margin 28.7%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹80 Lakh
Issued & subscribed
Open charges
₹130.86 Cr
Secured borrowings
Company age
44 yrs
Est. 1982
Employees · EPFO
11
Provident fund records
About Apollo Vikas Steels Private Limited
Data last updated:
Apollo Vikas Steels Private Limited is a private limited company based in Bhavnagar, Gujarat, India. It operates in the shipbroking and shipping agency services segment of the transport and logistics sector. It was incorporated on 01 April 1982 and has been in existence for over 44 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U27310GJ1982PTC005123. Its GSTIN is 24AAFCA9760M1Z9 (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹80 Lakh. It was formerly known as Apollo Vikas Steels Limited. It is led by directors including Vinodrai Patel Jivrajbhai (Managing Director) and Himanshu Bipinchandra Shah.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 1st Floor Jivan Mansion Lati Bazar, Bhavnagar, Gujarat, India – 364001.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.46 Cr, a growth of 58% compared to the previous year. For the same year it recorded a net loss of ₹56.75 Lakh (net margin -12.7%) and EBITDA of ₹1.28 Cr (EBITDA margin 28.7%). Revenue has declined at a compounded annual rate (CAGR) of 53% over three years and 20% over five years.
The company has about 11 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹130.86 Cr on record. Court records list 6 cases involving the company, including 3 filed by the company and 3 filed against it.
Apollo Vikas Steels Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-05-0011894). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website apollovikasgroup.com.
Company details
CIN U27310GJ1982PTC005123
Registration Number 005123
Incorporation Date 01 April 1982
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-05-0011894
CIN history
Apollo Vikas Steels has one previous CIN (Corporate Identification Number): U27310GJ1982PLC005123. The current CIN is U27310GJ1982PTC005123, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27310GJ1982PTC005123 | Current |
| U27310GJ1982PLC005123 | Previous |
Key People
Vinodrai Patel Jivrajbhai Managing Director Himanshu Bipinchandra Shah Director Ashokbhai Jivrajbhai Patel Director Recognitions & Rankings of Apollo Vikas Steels
Contact details
Apollo Vikas Steels Private Limited's registered office is in Bhavnagar, Gujarat. Its website is apollovikasgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address1st Floor Jivan Mansion Lati Bazar, Bhavnagar, Gujarat, India – 364001
- IndustryTransport and Logistics, Shipbroking & Shipping Agency Services
To see the full contact details of Apollo Vikas Steels Private Limited, buy the company report.
Comprehensive company report
Apollo Vikas Steels Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Apollo Vikas Steels is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Apollo Vikas Steels Private Limited, buy the company report.
Financials of Apollo Vikas Steels Private Limited
FY 2025 filings availableApollo Vikas Steels Private Limited reported revenue of ₹4.46 Cr (up 58% YoY) for FY 2025.
Revenue · FY 2025
₹4.46 Cr ▲ 58%
Net loss · FY 2025
₹56.75 Lakh margin -12.7%
EBITDA · FY 2025
₹1.28 Cr margin 28.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 58%
3 years · compounded
▼ 53%
5 years · compounded
▼ 20%
EBITDA CAGR growth
1 year
▲ 213%
3 years · compounded
▼ 11%
5 years · compounded
▲ 17%
Revenue rose 58% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 20%. EBITDA rose 213% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹1.28 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹56.75 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 28.7% | ||||
| Net Profit Margin | -12.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Apollo Vikas Steels Private Limited, buy the company report.
Board of directors of Apollo Vikas Steels Private Limited
Apollo Vikas Steels has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Himanshu Bipinchandra Shah | Director | 28 Jun 2018 | 8 Years 3 Months | Current |
| Vinodrai Patel Jivrajbhai | Managing Director | 02 Apr 1985 | 41 Years 6 Months | Current |
| Ashokbhai Jivrajbhai Patel Also directs: Shayaan Care Solutions LLP | Director | 28 Jun 2018 | 8 Years 3 Months | Current |
Auditor
Apollo Vikas Steels Private Limited is audited by NIRAV PATEL & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NIRAV PATEL & CO. | FY 2023 | 134617W |
Shareholding
The shareholding of Apollo Vikas Steels Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Apollo Vikas Steels Private Limited, buy the company report.
Charges & borrowings
Open charges
₹130.86 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Jul 2008 | 10115909 | Bank of Baroda | ₹4.9 Cr | Open | |
| 07 Jun 2007 | 10055625 | Bank of Baroda | ₹100 Cr | Open | |
| 09 Aug 2002 | 90096794 | Bank of India | ₹19.56 Cr | Open | |
| 14 Oct 1994 | 90097986 | Bank of India | ₹40.48 Lakh | Open | |
| 18 Oct 1993 | 90097779 | Bank of India | ₹6 Cr | Open |
To see the full charge records of Apollo Vikas Steels Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Apollo Vikas Steels Private Limited has 6 court cases on record: 3 filed by Apollo Vikas Steels, 3 filed against it. All cases are disposed.
Total cases
6
Filed by the company
3
Filed against the company
3
Disposed
6
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 3 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed by the company against individuals | Disposed |
| High Court, GUJARAT | Court case (TAXAP) | Filed against the company by Commissioner of Income Tax VI | Disposed |
| High Court, GUJARAT | Court case (AS) | Filed against the company by M/S Unique Corea Ltd and 8 others | Disposed |
| High Court, GUJARAT | Court case (CECGR) | Filed by the company against Commissioner of Central Excise& Customs | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against Harsh Prakash Joint Commi. of Income Tax and 1 other | Disposed |
To see the full case history of Apollo Vikas Steels Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Apollo Vikas Steels Private Limited was last rated by Brickwork on 20 Sep 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 20 Sep 2021 |
To see the full credit ratings and regulatory alerts of Apollo Vikas Steels Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Apollo Vikas Steels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Apollo Vikas Steels Private Limited has a workforce of 11 employees on its EPFO records as of Apr 05, 2024, across 2 active EPFO establishments.
Employee count
11
Active EPFO establishments
2
Employee growth
-21.43%
GST
Apollo Vikas Steels has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCA9760M1Z9 | Gujarat | Active | 01 Jul 2017 |
| 24AAFCA9760M1DI | Gujarat | Active | 15 Jan 2025 |
To see the full GST registrations and return filing status of Apollo Vikas Steels Private Limited, buy the company report.
Recent activity
Apollo Vikas Steels Private Limited has 6 board changes on record since 1985: 3 appointments and 3 cessations. The latest: Ashokbhai Jivrajbhai Patel ceased to be Additional Director on 29 Sep 2018.
AGM
Apollo Vikas Steels Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Apollo Vikas Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Ashokbhai Jivrajbhai Patel ceased to be Additional Director.
Ceased
Himanshu Bipinchandra Shah ceased to be Additional Director.
Ceased
Bipinchandra Balubhai Shah ceased to be Director.
Appointed
Ashokbhai Jivrajbhai Patel was appointed as Director.
Appointed
Himanshu Bipinchandra Shah was appointed as Director.
Charges
A charge with Bank Of Baroda of Rs. 100.00 Cr registered on 07 Jun 2007 with Charge ID 10055625 was modified on 09 Mar 2012.
Charges
A charge with Bank Of Baroda of Rs. 4.90 Cr registered on 24 Jul 2008 with Charge ID 10115909 was modified on 25 Jul 2008.
Charges
A charge with Bank Of Baroda amounted to Rs. 4.90 Cr with Charge ID 10115909 was registered on 24 Jul 2008.
Charges
A charge with Bank Of Baroda amounted to Rs. 100.00 Cr with Charge ID 10055625 was registered on 07 Jun 2007.
Charges
A charge with Bank Of India amounted to Rs. 19.56 Cr with Charge ID 90096794 was registered on 09 Aug 2002.
5 earlier events are in the company report.
Frequently asked questions
Apollo Vikas Steels is an active private limited company based in Bhavnagar, Gujarat, India. The company works in shipbroking and shipping agency services, within the transport and logistics industry. It was incorporated on 01 April 1982 (44+ years old) and is registered under CIN U27310GJ1982PTC005123.
Apollo Vikas Steels has 3 current directors:
- Vinodrai Patel Jivrajbhai - Managing Director
- Himanshu Bipinchandra Shah - Director
- Ashokbhai Jivrajbhai Patel - Director
The latest financial statements of Apollo Vikas Steels on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Apollo Vikas Steels is 24AAFCA9760M1Z9, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AAFCA9760M1DI (Gujarat).
The CIN (Corporate Identification Number) of Apollo Vikas Steels is U27310GJ1982PTC005123. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Apollo Vikas Steels has 6 court cases on record: 3 filed by the company and 3 filed against it.
Apollo Vikas Steels was incorporated on 01 April 1982, making it 44+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Ashokbhai Jivrajbhai Patel ceased to be Additional Director on 29 Sep 2018. Himanshu Bipinchandra Shah ceased to be Additional Director on 29 Sep 2018. Bipinchandra Balubhai Shah ceased to be Director on 29 Jun 2018. Apollo Vikas Steels has 6 board changes on record in total.
Yes, Apollo Vikas Steels is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-05-0011894).
Apollo Vikas Steels can be reached through the website apollovikasgroup.com. Its registered office is in Bhavnagar, Gujarat, India.