About Vikas Money Limited
Data last updated: 04 February 2026
Vikas Money Limited is a public limited company based in Cherpulassery, Kerala, India. It specialises in non-banking financial services (NBFC), a part of the broader financial services sector. Incorporated on 09 April 1987, the company has been in operation for over 39 years.
Registered with ROC Ernakulam under CIN U65921KL1987PLC004741.
Capital: an authorised share capital of ₹12 Cr and a paid-up capital of ₹10.85 Cr. Formerly known as Vikas Hire Purchase Company Limited and Vikas Hire Purchase Company Private Limited. It is led by directors including Ayanapara Pradeepmenon and Pilavazhi Santhakumari.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: 13/1528 First Floor Anjali Complex Kavuvattom, Cherpulassery, Kerala, India – 679503.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.72 Cr, a decline of 26% compared to the previous year.
The company has a workforce of approximately 40 employees as per the latest available data.
The company is associated with 1 brand - Vikas Money Ltd. As per MCA filings, the company has open charges of ₹20.54 Cr and satisfied charges of ₹25.98 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vikasmoney.com.
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Registered Address13/1528 First Floor Anjali Complex Kavuvattom, Cherpulassery, Kerala, India – 679503
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IndustryFinancial Services, NBFC, Investment & Credit NBFC
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Vikas Money Limited
Vikas Money Limited has undergone 2 name changes throughout its history. The company was previously known as Vikas Hire Purchase Company Limited, and Vikas Hire Purchase Company Private Limited. The current legal name is Vikas Money Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Vikas Money Limited | Current |
| Vikas Hire Purchase Company Limited | Previous |
| Vikas Hire Purchase Company Private Limited | Previous |
Associated Brands with Vikas Money Limited
Vikas Money Limited operates one associated brand: Vikas Money Ltd. These brands represent Vikas Money Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Financial services including loans and NBFC operations in Kerala, India. | vikasmoney.com |
Business Activity of Vikas Money Limited
Vikas Money Limited is engaged in the principal business activity of financial and insurance service, with detailed activities including other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details for Vikas Money Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Auditor Details of Vikas Money Limited
Vikas Money Limited is audited by Balan&Co for the financial year 2022. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Balan&Co | Locked | Locked | Locked |
Complete auditor history for Vikas Money Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
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Board of Directors of Vikas Money Limited
Vikas Money Limited is currently managed by 5 directors, with 9 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ayanapara Pradeepmenon | Managing Director | 30 Mar 2013 | 13 Years 3 Months | Current |
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Pilavazhi Santhakumari
Also directs:
Aeppyem Chits And Kuries Private Limited, Marthya Vikas Foundation, Prachodhan Retail Private Limited and 1 more
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Whole-Time Director | 01 Nov 2012 | 13 Years 8 Months | Current |
| Surya Menon | Director | 06 Jan 2020 | 6 Years 6 Months | Current |
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Rajitha Valayangat
Also directs:
Aeppyem Chits And Kuries Private Limited, Marthya Vikas Foundation, Prachodhan Retail Private Limited and 1 more
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Whole-Time Director | 18 Jan 2017 | 9 Years 6 Months | Current |
| Satheesh | Director | 01 Nov 2013 | 12 Years 8 Months | Current |
Financials of Vikas Money Limited FY 2025 filings available
Vikas Money Limited reported revenue of ₹10.72 Cr (down 26.00% YoY) for FY 2025.
Ten-year financial statements for Vikas Money Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
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Ownership and Shareholding of Vikas Money Limited
Shareholding and ownership data for Vikas Money Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
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Charges & Borrowings of Vikas Money Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Sep 2025 | Others | ₹1.04 Cr | Open |
| 24 Jun 2025 | Others | ₹79.45 Lakh | Open |
| 20 Jun 2025 | Others | ₹1.61 Cr | Open |
| 26 Nov 2024 | Others | ₹8 Lakh | Open |
| 18 Oct 2024 | Others | ₹82.42 Lakh | Open |
Total charge records: 46 View all charges
Employees and EPFO Compliance at Vikas Money Limited
Vikas Money Limited has a workforce of 40 employees as of Apr 03, 2024.
Employee and EPFO history for Vikas Money Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of Vikas Money Limited
GST registrations and filing compliance for Vikas Money Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for Vikas Money Limited
Credit ratings, litigation, and regulatory alerts for Vikas Money Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Vikas Money Limited
MSME payment history for Vikas Money Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Vikas Money Limited
Corporate group structure for Vikas Money Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Vikas Money Limited
MCA filings and documents for Vikas Money Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
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Recent Activity on Vikas Money Limited
Frequently Asked Questions about Vikas Money Limited
Vikas Money Limited is an active public limited company in the financial services sector based in Cherpulassery, Kerala, India. It was incorporated on 09 April 1987 (39+ years old) and is registered under CIN U65921KL1987PLC004741. The company has 40 employees.
Vikas Money Limited reported revenue of ₹10.72 Cr for FY 2025 (down 26.00% YoY).
The current directors of Vikas Money Limited are:
- Ayanapara Pradeepmenon - Managing Director
- Pilavazhi Santhakumari - Whole-Time Director
- Surya Menon - Director
- Rajitha Valayangat - Whole-Time Director
- Satheesh - Director
The primary industry of Vikas Money Limited is financial services. The company specifically operates in nbfc. The company is currently active in this sector.
Vikas Money Limited can be reached at the registered office: 131528 First Floor Anjali Complex Kavuvattom, Cherpulassery, Kerala, India – 679503, or through the website vikasmoney.com.
The authorised capital is ₹12 Cr, and the paid-up capital is ₹10.85 Cr.