Vikas Spintex Limited
About Vikas Spintex Limited
Data last updated:
Vikas Spintex Limited is a public limited company based in New Delhi, Delhi, India. It operates in the jewellery segment of the musical instruments sector. It was incorporated on 02 December 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1994PLC063093. Its GSTIN is 06AAACV3296N1ZU (Haryana).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹26.62 Lakh. It is led by directors including Ram Pal Gupta and Anand Parkash Gupta.
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 34/1 East Punjabi Bagh, New Delhi, Delhi, India – 110026.
As per the financials filed for FY 2024, the company reported a revenue of ₹17.98 Lakh, a growth of 62% compared to the previous year. For the same year it recorded a net profit of ₹1,338 (net margin 0.1%) and EBITDA of ₹81,259 (EBITDA margin 4.5%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 8% over five years.
As per MCA filings, the company has satisfied charges of ₹12 Lakh on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Vikas Spintex Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address34/1 East Punjabi Bagh, New Delhi, Delhi, India – 110026
- IndustryMusical Instruments, Jewellery, Manufacturing, Musical Instrument, Sports Goods
To see the full contact details of Vikas Spintex 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 Spintex is manufacturing. In detail, this covers manufacture of food products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 10 | Manufacture of food products |
To see the full business activity and turnover split of Vikas Spintex Limited, buy the company report.
Financials of Vikas Spintex Limited
FY 2025 filings availableVikas Spintex Limited reported revenue of ₹17.98 Lakh (up 62% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 62% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 8%. 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹81,259 | ||||
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| Net Profit (PAT) | ₹1,338 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.5% | ||||
| Net Profit Margin | 0.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Vikas Spintex Limited, buy the company report.
Board of directors of Vikas Spintex Limited
Vikas Spintex has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ram Pal Gupta | Director | 01 Jan 1996 | 30 Years 10 Months | Current |
| Anand Parkash Gupta Also directs: Indian Packways Private Limited | Director | 01 Jan 1996 | 30 Years 10 Months | Current |
| Ishwar Gupta Also directs: Vikas Surya Buildwell Private Limited, Vibhuti Promoters Private Limited, Arush Projects Private Limited and 4 more | Director | 02 Dec 1994 | 31 Years 11 Months | Current |
| Vinod Aggarwal Also directs: Durable Properties Private Limited | Director | 01 Jan 1996 | 30 Years 10 Months | Current |
Peer comparison
Vikas Spintex Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (manufacture of food products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Trash-To-Cash Private Limited | ₹18.32 Lakh (FY 2025) | -5.0% | New Delhi, Delhi, India | |||
| Sanchi Machine Tools Private Limited | ₹18.2 Lakh (FY 2024) | 1.0% | Delhi, India | |||
| Pixel Pharmaceuticals Private Limited | ₹18.18 Lakh (FY 2024) | 26.0% | Pune, Maharashtra, India | |||
| Baghmari Tea Assam Private Limited | ₹18.04 Lakh (FY 2024) | 62.0% | Kolkata, West Bengal, India | |||
| Evro Manufacturing Private Limited | ₹18.03 Lakh (FY 2025) | 613.0% | Delhi, India | |||
| Vikas Spintex Limitedthis company | ₹17.98 Lakh (FY 2024) | ₹1,338 | 0.1% | 62.0% | New Delhi, Delhi, India | |
| Massey Crop Science Private Limited | ₹17.93 Lakh (FY 2025) | -38.0% | Anjar, Gujarat, India | |||
| Numaira Overseas Lifestyle Private Limited | ₹17.91 Lakh (FY 2021) | Nagpur, Maharashtra, India | ||||
| Mema Impex Private Limited | ₹17.75 Lakh (FY 2025) | Lodhika, Gujarat, India | ||||
| Sweet Cravings Cake A Diem Private Limited | ₹17.73 Lakh (FY 2025) | Thane, Maharashtra, India | ||||
| RPR Designs Private Limited | ₹17.71 Lakh (FY 2024) | -50.0% | New Delhi, Delhi, India |
To see the full peer comparison of Vikas Spintex Limited, buy the company report.
Auditor
Vikas Spintex Limited is audited by ALOK & CO LLP for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ALOK & CO LLP | FY 2017 | 004107N |
Shareholding
The shareholding of Vikas Spintex 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 Spintex Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Feb 2000 | 90047770 | Canara Bank | ₹2 Lakh | Satisfied | |
| 12 Dec 1996 | 90046718 | Canara Bank | ₹10 Lakh | Satisfied |
To see the full charge records of Vikas Spintex Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Vikas Spintex Limited has 3 court cases on record: 2 filed by Vikas Spintex, 1 filed against it. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
| High courts | 1 | 0 | 0 |
| Supreme Court | 1 | 1 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North West, Delhi | Civil suit | Filed by the company against Motorcraft India Pvt.Ltd. | Disposed |
| Supreme Court | Court case (2404-Indirect Taxation : Value Added Tax (VAT), State Sales Tax Act) | Filed against the company by State of Haryana and 7 others | Pending |
| High Court, CHANDIGARH (UT) | Tax appeal | Filed by the company against State of Haryana and Others | Disposed |
To see the full case history of Vikas Spintex 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 Spintex Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vikas Spintex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAACV3296N1ZU | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vikas Spintex Limited, buy the company report.
Recent activity
Vikas Spintex Limited has 4 board changes on record since 1994: 4 appointments. The latest: Anand Parkash Gupta was appointed as Director on 01 Jan 1996.
Frequently asked questions
Vikas Spintex is an active public limited company based in New Delhi, Delhi, India. The company works in jewellery, within the musical instruments industry. It was incorporated on 02 December 1994 (32+ years old) and is registered under CIN U74899DL1994PLC063093.
Vikas Spintex has 4 current directors:
- Ram Pal Gupta - Director
- Anand Parkash Gupta - Director
- Ishwar Gupta - Director
- Vinod Aggarwal - Director
The latest financial statements of Vikas Spintex 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 Spintex is 06AAACV3296N1ZU, registered in Haryana.
The CIN (Corporate Identification Number) of Vikas Spintex is U74899DL1994PLC063093. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vikas Spintex has 3 court cases on record: 2 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.
Vikas Spintex was incorporated on 02 December 1994, making it 32+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Vikas Spintex by revenue are Trash-To-Cash Private Limited, Sanchi Machine Tools Private Limited, Pixel Pharmaceuticals Private Limited, Baghmari Tea Assam Private Limited, Evro Manufacturing Private Limited and 5 more, all in the same principal business activity (manufacture of food products).
Anand Parkash Gupta was appointed as Director on 01 Jan 1996. Ram Pal Gupta was appointed as Director on 01 Jan 1996. Vinod Aggarwal was appointed as Director on 01 Jan 1996. Vikas Spintex has 4 board changes on record in total.
The registered office of Vikas Spintex is at 341 East Punjabi Bagh, New Delhi, Delhi, India – 110026.
Vikas Spintex operates in the musical instruments industry, in the jewellery segment.
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