
Vikas Balaji Mines Private Limited
About Vikas Balaji Mines Private Limited
Data last updated:
Vikas Balaji Mines Private Limited is a private limited company based in Rajsamand, Rajasthan, India. It operates in the ceramics segment of the manufacturing sector. It was incorporated on 28 December 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U14107RJ2010PTC033677. Its GSTIN is 08AADCV5056F1ZA (Rajasthan).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Ashok Kumar Jain and Mahendra Kumar Kothari.
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 Mohankanhaiyamahapragyavihar Mahaveernagar 100 Road Rajsamand, Rajasthan, India – 313326.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.62 Lakh, a decline of 89% compared to the previous year. For the same year it recorded a net loss of ₹2.4 Lakh (net margin -27.9%) and EBITDA of ₹5.19 Lakh (EBITDA margin 60.2%). Revenue has declined at a compounded annual rate (CAGR) of 55% over three years and 19% over five years.
As per MCA filings, the company has open charges of ₹32 Lakh and satisfied charges of ₹57.89 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Vikas Balaji Mines Private Limited's registered office is in Rajsamand, Rajasthan. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressMohankanhaiyamahapragyavihar Mahaveernagar 100 Road Rajsamand, Rajasthan, India – 313326
- IndustryManufacturing, Ceramics, Sanitaryware & Tile
To see the full contact details of Vikas Balaji Mines Private Limited, buy the company report.
- 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
Business activity
The main business activity of Vikas Balaji Mines is mining and quarrying. In detail, this covers other mining & quarrying activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| B | Mining and quarrying | B4 | Other Mining & Quarrying Activities |
To see the full business activity and turnover split of Vikas Balaji Mines Private Limited, buy the company report.
Financials of Vikas Balaji Mines Private Limited
FY 2025 filings availableVikas Balaji Mines Private Limited reported revenue of ₹8.62 Lakh (down 89% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 19% over five years, including a 89% fall in the latest year. EBITDA fell 53% 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 | ₹5.19 Lakh | ||||
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| Net Profit (PAT) | -₹2.4 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 60.2% | ||||
| Net Profit Margin | -27.9% | ||||
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To see the full financial statements and ratios of Vikas Balaji Mines Private Limited, buy the company report.
Board of directors of Vikas Balaji Mines Private Limited
Vikas Balaji Mines has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Kumar Jain Also directs: Nakoda Granite and Marmo Private Limited | Director | 28 Dec 2010 | 15 Years 10 Months | Current |
| Mahendra Kumar Kothari Also directs: Vikas Balaji Marble Private Limited, Vikas Balaji Marmo Private Limited, Nakoda Granite and Marmo Private Limited and 2 more | Director | 28 Dec 2010 | 15 Years 10 Months | Current |
| Girija Vyas | Director | 24 Jan 2011 | 15 Years 9 Months | Current |
Auditor
Vikas Balaji Mines Private Limited is audited by SHAILESH G JAIN & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHAILESH G JAIN & CO | FY 2021 | 011189C |
Shareholding
The shareholding of Vikas Balaji Mines Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Vikas Balaji Mines Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Sep 2025 | 101161279 | Hdfc Bank Limited | ₹32 Lakh | Open | |
| 29 Jul 2021 | 100477982 | Hdfc Bank Limited | ₹57.89 Lakh | Satisfied |
To see the full charge records of Vikas Balaji Mines Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Vikas Balaji Mines Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Vikas Balaji Mines Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vikas Balaji Mines has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AADCV5056F1ZA | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vikas Balaji Mines Private Limited, buy the company report.
Recent activity
Vikas Balaji Mines Private Limited has 4 board changes on record since 2010: 3 appointments and 1 cessation. The latest: Prem Singh Pipada ceased to be Director on 09 Dec 2022.
Frequently asked questions
Vikas Balaji Mines is an active private limited company based in Rajsamand, Rajasthan, India. The company works in ceramics, within the manufacturing industry. It was incorporated on 28 December 2010 (16+ years old) and is registered under CIN U14107RJ2010PTC033677.
Vikas Balaji Mines has 3 current directors:
- Ashok Kumar Jain - Director
- Mahendra Kumar Kothari - Director
- Girija Vyas - Director
The latest financial statements of Vikas Balaji Mines 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 Vikas Balaji Mines is 08AADCV5056F1ZA, registered in Rajasthan.
The CIN (Corporate Identification Number) of Vikas Balaji Mines is U14107RJ2010PTC033677. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vikas Balaji Mines was incorporated on 28 December 2010, making it 16+ years old. It is registered with the Registrar of Companies, Jaipur.
Prem Singh Pipada ceased to be Director on 09 Dec 2022. Girija Vyas was appointed as Director on 24 Jan 2011. Ashok Kumar Jain was appointed as Director on 28 Dec 2010. Vikas Balaji Mines has 4 board changes on record in total.
The registered office of Vikas Balaji Mines is at Mohankanhaiyamahapragyavihar Mahaveernagar 100 Road Rajsamand, Rajasthan, India – 313326.
Vikas Balaji Mines operates in the manufacturing industry, in the ceramics segment.
Vikas Balaji Mines has open charges of ₹32 Lakh and satisfied charges of ₹57.89 Lakh as per latest MCA filings.

