
Vikas Business (India) Private Limited
About Vikas Business (India) Private Limited
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Vikas Business (India) Private Limited is a private limited company based in Bilaspur, Chhattisgarh, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 24 November 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Chhattisgarh, under CIN U51909CT2006PTC020114. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹14.46 Lakh. It is led by directors Abdul Zishan and Abdul Zunaid.
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 Opp. Cmd Collage Link Road, Bilaspur, Chhattisgarh, India – 495001.
As per the financials filed for FY 2025, the company reported a revenue of ₹93,959, a growth of 31% compared to the previous year. For the same year it recorded a net profit of ₹37,319 (net margin 39.7%) and EBITDA of ₹52,210 (EBITDA margin 55.6%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years and 45% over five years.
As per MCA filings, the company has open charges of ₹2 Cr on record. Court records list 13 cases involving the company, including 6 filed by the company and 7 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Vikas Business (India) Private Limited's registered office is in Bilaspur, Chhattisgarh. Its e-mail address is in the company report.
- Email
- Registered AddressOpp. Cmd Collage Link Road, Bilaspur, Chhattisgarh, India – 495001
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Vikas Business (India) 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
Financials of Vikas Business (India) Private Limited
FY 2025 filings availableVikas Business (India) Private Limited reported revenue of ₹93,959 (up 31% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 31% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 45%. EBITDA rose 67% 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 | ₹52,210 | ||||
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| Net Profit (PAT) | ₹37,319 | ||||
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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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| EBITDA Margin | 55.6% | ||||
| Net Profit Margin | 39.7% | ||||
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To see the full financial statements and ratios of Vikas Business (India) Private Limited, buy the company report.
Board of directors of Vikas Business (India) Private Limited
Vikas Business (India) has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abdul Zishan | Director | 23 Nov 2015 | 10 Years 11 Months | Current |
| Abdul Zunaid | Director | 01 Mar 2019 | 7 Years 8 Months | Current |
Auditor
Vikas Business (India) Private Limited is audited by S K BHAMKAR & ASSOCIATES for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S K BHAMKAR & ASSOCIATES | FY 2016 | 007482C |
Shareholding
The shareholding of Vikas Business (India) Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Vikas Business (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 May 2008 | 10102992 | Central Bank of India | ₹2 Cr | Open |
To see the full charge records of Vikas Business (India) Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Vikas Business (India) Private Limited has 13 court cases on record: 6 filed by Vikas Business (India), 7 filed against it. 2 cases are pending and 11 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 12 | 7 | 2 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Madhya Pradesh | Writ petition | Filed against the company by Tarique Trading Company Pvt. Ltd. | Pending |
| High Court of Madhya Pradesh | Writ petition | Filed against the company by Tarique Trading Company Pvt Ltd | Disposed |
| High Court | Court case (WPT) | Filed by the company against State of Chhattisgarh and 2 others | Pending |
| High Court of Madhya Pradesh | Writ petition | Filed against the company by Tarique Trading Companypvt. Ltd. | Disposed |
| High Court of Madhya Pradesh | Court case (CONC) | Filed by the company against Shri H.C. Gupta the State of Madhya Pradesh and 1 other | Disposed |
To see the full case history of Vikas Business (India) 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Vikas Business (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vikas Business (India) 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.
To see the full GST registrations and return filing status of Vikas Business (India) Private Limited, buy the company report.
Recent activity
Vikas Business (India) Private Limited has 4 board changes on record since 2015: 2 appointments and 2 cessations. The latest: Abdul Rashid ceased to be Director on 06 Mar 2019.
Frequently asked questions
Vikas Business (India) is an active private limited company based in Bilaspur, Chhattisgarh, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 24 November 2006 (20+ years old) and is registered under CIN U51909CT2006PTC020114.
Vikas Business (India) has 2 current directors:
- Abdul Zishan - Director
- Abdul Zunaid - Director
The latest financial statements of Vikas Business (India) 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.
No. Vikas Business (India) has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Vikas Business (India) is U51909CT2006PTC020114. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vikas Business (India) has 13 court cases on record: 6 filed by the company and 7 filed against it. 2 are pending. Most are in the high courts.
Vikas Business (India) was incorporated on 24 November 2006, making it 20+ years old. It is registered with the Registrar of Companies, Chhattisgarh.
Abdul Rashid ceased to be Director on 06 Mar 2019. Abdul Zunaid was appointed as Director on 01 Mar 2019. Abdul Zishan was appointed as Director on 23 Nov 2015. Vikas Business (India) has 4 board changes on record in total.
The registered office of Vikas Business (India) is at Opp. Cmd Collage Link Road, Bilaspur, Chhattisgarh, India – 495001.
Vikas Business (India) operates in the business outsourcing industry, in the HR outsourcing and talent management segment.

