Vikas Elastochem Agencies Pvt Ltd

This company trades elastomers and rubber chemicals, with a storage facility in Chennai.

1989 | Goregaon West, Maharashtra (India) | Active
Last Updated:

Vikas Elastochem Agencies Profile

Key Indicators

  • Authorised Capital ₹ 0.20 M
  • Paid Up Capital ₹ 0.11 M
  • Company Age 36 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.07 Cr
  • Revenue Growth 10.60%
  • Profit Growth -51.85%
  • Ebitda -55.39%
  • Net Worth 16.67%
  • Total Assets 19.86%

About Vikas Elastochem Agencies

Vikas Elastochem Agencies Pvt Ltd (VEAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 April 1989 and has a history of 36 years and one month. Its registered office is in Goregaon West, Maharashtra.

The Company is engaged in the Chemicals And Materials Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 0.20 M and a paid-up capital of Rs 0.11 M.

The company currently has active open charges totaling ₹3.07 Cr.

Kannan Subramanian and Geetha Kannan serve as directors at the Company.

Company Details

  • Location Goregaon West, Maharashtra
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U51495MH1989PTC051254

  • Company No.

    051254

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Apr 1989

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Chemicals and Materials
Company report

Vikas Elastochem Agencies Pvt Ltd

Explore comprehensive data for Vikas Elastochem Agencies Pvt Ltd, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Vikas Elastochem Agencies?

Board Members (2)

NameDesignationAppointment DateStatus
Kannan Subramanian Country flag representing In Director 03-Apr-1989Current
Geetha Kannan Country flag representing In Director 08-Oct-2011Current

Financial Performance of Vikas Elastochem Agencies.

Vikas Elastochem Agencies Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 10.6% increase. The company also saw a substantial fall in profitability, with a 51.85% decrease in profit. The company's net worth Soared by an impressive increase of 16.67%.

Vikas Elastochem Agencies revenue growth over time
Vikas Elastochem Agencies profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
10.60%
Revenue from Operations
10.79%
Total Assets
19.86%
Profit or Loss
-51.85%
Net Worth
16.67%
EBITDA
-55.39%

What is the Ownership and Shareholding Structure of Vikas Elastochem Agencies?

In 2023, Vikas Elastochem Agencies had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹30.65 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 3.07 Cr

Latest Charge Details

DateLenderAmountStatus
27 Nov 2020Axis Bank Limited₹2.50 MOpen
01 Nov 2019Axis Bank Limited₹0.65 MOpen
26 Dec 2011Axis Bank Limited₹2.75 CrOpen

How Many Employees Work at Vikas Elastochem Agencies?

Unlock and access historical data on people associated with Vikas Elastochem Agencies, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Vikas Elastochem Agencies Pvt Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Vikas Elastochem Agencies, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Vikas Elastochem Agencies's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Vikas Elastochem Agencies

Recent activity within the organization

  • Annual General Meeting

    Vikas Elastochem Agencies Pvt Ltd last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Vikas Elastochem Agencies Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 2.50 M with Charge ID 100396313 was registered on 27 Nov 2020.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.65 M with Charge ID 100312568 was registered on 01 Nov 2019.

  • Charges

    A charge with Axis Bank Limited of Rs. 27.50 M registered on 26 Dec 2011 with Charge ID 10325123 was modified on 08 Feb 2019.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 27.50 M with Charge ID 10325123 was registered on 26 Dec 2011.

Frequently asked questions

  • What is the Incorporation or founding date of Vikas Elastochem Agencies Pvt Ltd?

    Vikas Elastochem Agencies Pvt Ltd was incorporated on 03 Apr 1989.

  • What is authorized share capital and paid-up capital of Vikas Elastochem Agencies Pvt Ltd?

    The authorized share capital of Vikas Elastochem Agencies Pvt Ltd is ₹ 0.20 M and paid-up capital is ₹ 0.11 M.

  • Who are the current board members & directors of Vikas Elastochem Agencies Pvt Ltd?

    Currently 2 directors are associated with Vikas Elastochem Agencies Pvt Ltd.

    • Kannan Subramanian
    • Geetha Kannan
  • What is the registered address of Vikas Elastochem Agencies Pvt Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Vikas Elastochem Agencies Pvt Ltd is 104 Sai Darshan Plot No. 170 Jawahar Nagar Road 2, India, Goregaon West, Maharashtra, 400062.

  • What is the corporate identification number (CIN) and company number of Vikas Elastochem Agencies Pvt Ltd?

    The corporate identification number (CIN) of Vikas Elastochem Agencies Pvt Ltd is U51495MH1989PTC051254 and the company number is 051254 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Vikas Elastochem Agencies Pvt Ltd?

    The Official website of Vikas Elastochem Agencies Pvt Ltd is https://www.vikaselastochem.com

  • What has been the recent revenue trend for Vikas Elastochem Agencies Pvt Ltd?

    According to the financial reports for the fiscal year 2023, the revenue trend for Vikas Elastochem Agencies Pvt Ltd has risen by 10.60%.

  • What change has been observed in the net worth of Vikas Elastochem Agencies Pvt Ltd, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Vikas Elastochem Agencies Pvt Ltd has experienced an upsurge of 16.67%.

  • What are the total open charges for Vikas Elastochem Agencies Pvt Ltd?

    As per the financial statements for fiscal Year 2023, The total open charges for Vikas Elastochem Agencies Pvt Ltd amount to ₹ 3.07 Cr.

  • When was the last Balance Sheet of Vikas Elastochem Agencies Pvt Ltd filed with the ROC?

    The most recent Balance Sheet for Vikas Elastochem Agencies Pvt Ltd was filed with the ROC on 31 Mar 2023.

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