About Vikas Altech Private Limited
Data last updated:
Vikas Altech Private Limited was a private limited company based in New, Delhi, India, operated as a subsidiary of Kenmore Vikas (India) Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 12 July 2012.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U35990DL2012PTC238732. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹25.9 Cr and a paid-up capital of ₹25.89 Cr. It was led by directors Abhimanyu Sharaff and Kuldeep Singh.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at Plot No.57 Rama Road, New, Delhi, India – 110015.
As per the financials filed for FY 2019, the company reported a revenue of ₹17.36 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net loss of ₹4.39 Cr (net margin -25.3%) and EBITDA of -₹18.82 Lakh (EBITDA margin -1.1%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years.
The company had about 20 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had satisfied charges of ₹37 Cr on record.
The last known website on record is vikasgroup.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressPlot No.57 Rama Road, New, Delhi, India – 110015
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
- 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
Business Activity of Vikas Altech Private Limited
The main business activity of Vikas Altech is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Vikas Altech Private Limited
Vikas Altech Private Limited is audited by N NARASIMHAN & ASSOCIATES for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| N NARASIMHAN & ASSOCIATES | 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 Altech Private Limited
Vikas Altech has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhimanyu Sharaff Also directs: Pranav Vikas (India ) Private Limited, Pranav Vikas (India ) Private Limited, Pacific Alloys Private Limited and 5 more | Director | 12 Jul 2012 | 14 Years 2 Months | As last reported |
| Kuldeep Singh | Director | 05 Dec 2016 | 9 Years 10 Months | As last reported |
Financials of Vikas Altech Private Limited FY 2019 filings available
Vikas Altech Private Limited reported revenue of ₹17.36 Cr (up 8% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of Vikas Altech Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 11% over three years, including 8% growth in the latest year. EBITDA fell 116% 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 of Vikas Altech Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹17.36 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹18.82 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹4.39 Cr | •••• | •••• | •••• | •••• |
| 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 Altech Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -1.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -25.3% | •••• | •••• | •••• | •••• |
| 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 Altech are in the company report.
Financial statements from 2015
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.
Ownership and Shareholding of Vikas Altech 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 Altech Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Dec 2014 | Yes Bank Limited | ₹5 Cr | Satisfied |
| 21 Aug 2014 | Yes Bank Limited | ₹5 Cr | Satisfied |
| 25 Jul 2014 | Yes Bank Limited | ₹5 Cr | Satisfied |
| 29 Jul 2013 | Yes Bank Limited | ₹22 Cr | Satisfied |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Vikas Altech Private Limited
Employment history and EPFO contributions of people linked to Vikas Altech.
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.
GST Compliance of Vikas Altech Private Limited
Vikas Altech has 2 GST registrations on record, and all of them have been cancelled or are 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.
Credit Ratings, Litigation & Regulatory Alerts for Vikas Altech 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 Altech 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 Altech 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.
MCA Filings & Documents of Vikas Altech 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.
Recent Activity on Vikas Altech Private Limited
Recent News on Vikas Altech Private Limited
Frequently Asked Questions about Vikas Altech Private Limited
Vikas Altech has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Vikas Altech was a private limited company based in New, Delhi, India. The company worked in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 12 July 2012 and is registered under CIN U35990DL2012PTC238732. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Vikas Altech was incorporated on 12 July 2012. It is registered with the Registrar of Companies, Delhi.
Vikas Altech had 2 directors:
- Abhimanyu Sharaff - Director
- Kuldeep Singh - Director
The CIN (Corporate Identification Number) of Vikas Altech is U35990DL2012PTC238732. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Vikas Altech is at Plot No.57 Rama Road, New, Delhi, India – 110015.
Vikas Altech can be reached through the website vikasgroup.in. Its registered office is in New, Delhi, India.
Vikas Altech reported revenue of ₹17.36 Cr for FY 2019 (up 8% YoY).
Vikas Altech has an authorised share capital of ₹25.9 Cr and a paid-up capital of ₹25.89 Cr.