Vikas Elastochem Agencies Pvt Ltd - Company Profile

It is a chemicals and materials private limited company based in Goregaon West, Maharashtra, India, established in 1989.
1989 Goregaon West, Maharashtra, India Active
Last Updated:
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About Vikas Elastochem Agencies Pvt Ltd

Vikas Elastochem Agencies Pvt Ltd, a active private limited company, was established on 03 April 1989 in Goregaon West, Maharashtra, India. Engaging in chemical distribution & retail within the trade sector, it holds CIN: U51495MH1989PTC051254. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹0.20 M and a paid-up capital of ₹0.11 M.

It upholds a compliant status. Its leadership includes Geetha Kannan (Director), Kannan Subramanian (Director), Kannan Kaushik (Director). Past directors included Vinod Manoharlal Bhatia, Anil Krishnadas Sampat. It holds ₹3.42 Cr open charges and ₹0.65 M settled loans. Its latest AGM occurred on 16 September 2024, with the balance sheet filed on 31 March 2024. It is based at 104, Sai Darshan, Plot No. 170, Jawahar Nagar, Road No. 2,, Goregaon West, Maharashtra, 400062.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U51495MH1989PTC051254

  • Registration Number

    051254

  • Incorporation Date

    03 April 1989

  • Authorized Capital

    ₹0.20 M

  • Paid-Up Capital

    ₹0.11 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 0.20 M
  • Paid Up Capital ₹ 0.11 M
  • Company Age 37 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.42 Cr
  • Satisfied Charges ₹ 0.65 M
  • Revenue Growth **** 10.60%
  • Profit Growth **** -51.85%
  • Ebitda **** -55.39%
  • Net Worth 16.67%
  • Total Assets **** 19.86%
Company report

Vikas Elastochem Agencies Pvt Ltd

Company Report FY 2026-2027

Comprehensive Company Insights

Explore comprehensive insights into Vikas Elastochem Agencies Pvt Ltd — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Vikas Elastochem Agencies Pvt Ltd?
Current Directors
Name Designation Appointment Date Status
Geetha Kannan Director 08 Oct 2011 Current
Kannan Subramanian Director 03 Apr 1989 Current
Kannan Kaushik Director 23 Sep 2024 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 08 Oct 2011 Past
Pramod Abcsdd Director 08 Oct 2011 Past

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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
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
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 10.60%
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Revenue from Operations
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 10.79%
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*******
*******
Total Assets
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 19.86%
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*******
*******
Profit or Loss
*******
 -51.85%
*******
*******
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*******
Net Worth
*******
 16.67%
*******
*******
*******
*******
EBITDA
*******
 -55.39%
*******
*******
*******
*******

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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 Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹34,200,000.00

Satisfied Charges

₹650,000.00

Charges Breakdown by Lending Institutions
  • Axis Bank Limited : 3.42 Cr
Latest Charge Details
Date Lender Amount Status
29 Aug 2024 Axis Bank Limited ₹4.20 M Open
27 Nov 2020 Axis Bank Limited ₹2.50 M Open
26 Dec 2011 Axis Bank Limited ₹2.75 Cr Open
01 Nov 2019 Axis Bank Limited ₹0.65 M Satisfied

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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 Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
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.

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Latest Updates, News, and FAQs on Vikas Elastochem Agencies
Recent Activity within the Organization
  • Charges

    Progress on A charge registered on 01 Nov 2019 via Charge ID 100312568 with Axis Bank Limited was fully satisfied on 05 Oct 2024. was documented.

  • Director Appointment

    The activity Kannan Kaushik was appointed as a Director was appointed as a Director on 23 Sep 2024 & has been associated with this company since 1 year 9 months . was completed.

  • Annual General Meeting

    Vikas Elastochem Agencies Pvt Ltd last Annual general meeting of members was held on 16 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Charges

    Progress on A charge with Axis Bank Limited amounted to Rs. 4.20 M with Charge ID 100992437 was registered on 29 Aug 2024. was documented.

  • Balance Sheet

    Vikas Elastochem Agencies Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was recorded as a recent event.

  • Charges

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

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Frequently Asked Questions
What is the CIN of Vikas Elastochem Agencies Pvt Ltd?

The CIN of Vikas Elastochem Agencies Pvt Ltd is U51495MH1989PTC051254.

Where is Vikas Elastochem Agencies Pvt Ltd headquartered?

Vikas Elastochem Agencies Pvt Ltd is headquartered at 104, Sai Darshan, Plot No. 170, Jawahar Nagar, Road No. 2,, Goregaon West, Maharashtra, 400062.

When was Vikas Elastochem Agencies Pvt Ltd incorporated?

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

Who are the current directors of Vikas Elastochem Agencies Pvt Ltd?

The current directors of Vikas Elastochem Agencies Pvt Ltd are

What is the primary industry of Vikas Elastochem Agencies Pvt Ltd?

The primary industry of Vikas Elastochem Agencies Pvt Ltd is Trade.

Is Vikas Elastochem Agencies Pvt Ltd a listed company?

Vikas Elastochem Agencies Pvt Ltd is unlisted.

What is the capital structure of Vikas Elastochem Agencies Pvt Ltd?

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

What is the compliance status of Vikas Elastochem Agencies Pvt Ltd?

The compliance status of Vikas Elastochem Agencies Pvt Ltd is Compliant.

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