- Category
- Small (2024-25)
- Udyam number
- UDYAM-HR-06-0009951

About Vikas Stainless Private Limited
Data last updated:
Vikas Stainless Private Limited is a private limited company based in Hisar, Haryana, India. It operates in the pipe and tubes segment of the manufacturing sector. It was incorporated on 04 July 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U27100HR2013PTC049729. Its GSTIN is 06AAECV5531A1ZR (Haryana).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr. It is led by directors including Ved Parkash and Subhash Chander.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 183 Sector 27 & 28, Hisar, Haryana, India – 125005.
As per the financials filed for FY 2023, the company reported a revenue of ₹43.99 Cr, a growth of 33% compared to the previous year. For the same year it recorded a net profit of ₹16.74 Lakh (net margin 0.4%) and EBITDA of ₹3.1 Cr (EBITDA margin 7%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 8% over five years.
The company has about 19 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹26.63 Cr and satisfied charges of ₹48.7 Cr on record. Court records list 4 cases involving the company, including 4 filed by the company; 2 cases are pending.
Vikas Stainless Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-06-0009951). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vikasstainless.com.
Company details
Recognitions & Rankings of Vikas Stainless
Contact details
Vikas Stainless Private Limited's registered office is in Hisar, Haryana. Its website is vikasstainless.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address183 Sector 27 & 28, Hisar, Haryana, India – 125005
- IndustryManufacturing, Pipe & Tubes
To see the full contact details of Vikas Stainless 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 Stainless Private Limited
FY 2024 filings availableVikas Stainless Private Limited reported revenue of ₹43.99 Cr (up 33% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 33% growth in the latest year. EBITDA rose 113% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹43.99 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.1 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹16.74 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Trade Payables | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7% | ||||
| Net Profit Margin | 0.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Vikas Stainless Private Limited, buy the company report.
Board of directors of Vikas Stainless Private Limited
Vikas Stainless has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ved Parkash | Director | 27 Mar 2024 | 2 Years 7 Months | Current |
| Subhash Chander Also directs: Shree Tayal Leasing and Finance Ltd | Director | 04 Jul 2013 | 13 Years 4 Months | Current |
| Aditya Arya | Director | 13 Apr 2022 | 4 Years 6 Months | Current |
Auditor
Vikas Stainless Private Limited is audited by AARYA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AARYA & ASSOCIATES | FY 2023 | 020281N |
Shareholding
The shareholding of Vikas Stainless Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Vikas Stainless Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Nov 2025 | 101185699 | Hdfc Bank Limited | ₹21.46 Cr | Open | |
| 19 Oct 2024 | 100998800 | Others | ₹20 Lakh | Open | |
| 29 Oct 2023 | 100833185 | Hdfc Bank Limited | ₹25 Lakh | Open | |
| 20 Feb 2023 | 100709303 | Hdfc Bank Limited | ₹15.05 Lakh | Open | |
| 21 Oct 2022 | 100621488 | Others | ₹4.57 Cr | Open |
To see the full charge records of Vikas Stainless Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Vikas Stainless Private Limited has 4 court cases on record: 4 filed by Vikas Stainless. 2 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 0 | 2 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hisar, Haryana | Cheque dishonour complaint | Filed by the company against CRB Steel India | Pending |
| District court, Hisar, Haryana | Court case (N ACT) | Filed by the company against M/S Sai Stainless Steel | Pending |
| District court, Hisar, Haryana | Court case (N ACT) | Filed by the company against M/S Vineet Modern Stainless Fabricators and Trading Company and 1 other | Disposed |
| District court, Hisar, Haryana | Cheque dishonour complaint | Filed by the company against M/S Shree Kishori Enterprises | Disposed |
To see the full case history of Vikas Stainless 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 Stainless Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vikas Stainless has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAECV5531A1ZR | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vikas Stainless Private Limited, buy the company report.
Recent activity
Vikas Stainless Private Limited has 7 board changes on record since 2013: 3 appointments and 4 cessations. The latest: Ved Parkash was appointed as Director on 27 Mar 2024.
15 earlier events are in the company report.
Frequently asked questions
Vikas Stainless is an active private limited company based in Hisar, Haryana, India. The company works in pipe and tubes, within the manufacturing industry. It was incorporated on 04 July 2013 (13+ years old) and is registered under CIN U27100HR2013PTC049729.
Vikas Stainless has 3 current directors:
- Ved Parkash - Director
- Subhash Chander - Director
- Aditya Arya - Director
The latest financial statements of Vikas Stainless on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Vikas Stainless is 06AAECV5531A1ZR, registered in Haryana.
The CIN (Corporate Identification Number) of Vikas Stainless is U27100HR2013PTC049729. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vikas Stainless has 4 court cases on record: 4 filed by the company. 2 are pending.
Vikas Stainless was incorporated on 04 July 2013, making it 13+ years old. It is registered with the Registrar of Companies, Delhi.
Ved Parkash was appointed as Director on 27 Mar 2024. Ved Parkash ceased to be Director on 19 Feb 2024. Ishwar Singh ceased to be Director on 02 Sep 2023. Vikas Stainless has 7 board changes on record in total.
Yes, Vikas Stainless is registered as a small enterprise under Udyam registration (number: UDYAM-HR-06-0009951).
Vikas Stainless can be reached through the website vikasstainless.com. Its registered office is in Hisar, Haryana, India.

