About Vikas Strips Private Limited
Data last updated:
Vikas Strips Private Limited is a private limited company based in New, Delhi, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 18 June 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U27109DL2003PTC120962. Its GSTIN is 07AABCV7134J2Z5 (Delhi). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹2.04 Cr and a paid-up capital of ₹2.04 Cr. It was formerly known as Vikas Strips Limited. It is led by directors including Anand Goel (Whole-Time Director) and Raj Kumar Goel (Whole-Time Director).
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 10 Asoka Parkrohtak Road, New, Delhi, India – 110035.
As per the financials filed for FY 2025, the company reported a revenue of ₹316.97 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹1.87 Cr (net margin 0.6%) and EBITDA of ₹6.91 Cr (EBITDA margin 2.2%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 11% over five years.
The company has about 14 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹64.1 Cr and satisfied charges of ₹72.16 Cr on record. Court records list 52 cases involving the company, including 45 filed by the company and 7 filed against it; 19 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vikasstrips.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address10 Asoka Parkrohtak Road, New, Delhi, India – 110035
- IndustryMetals and Minerals, Steel Manufacturing & Processing
- 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
- One PDF report, delivered after checkout
Business Activity of Vikas Strips Private Limited
The main business activity of Vikas Strips is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Vikas Strips Private Limited FY 2025 filings available
Vikas Strips Private Limited reported revenue of ₹316.97 Cr (down 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Vikas Strips Private Limited
Revenue fell 10% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 11%. EBITDA rose 89% 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 of Vikas Strips Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹6.91 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.87 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Vikas Strips Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.6% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Vikas Strips are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Vikas Strips Private Limited
Vikas Strips Private Limited is compared with the companies closest to it by revenue in the Metals and Minerals industry (Steel). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Balaji Niryaat Private Limited | •••• | •••• | •••• | •••• | 34 | Kolkata, West Bengal, India |
| Champion Rolling Mill Private Limited | •••• | •••• | •••• | •••• | 19 | Mumbai, Maharashtra, India |
| Aloke Steels Industries Private Limited | •••• | •••• | •••• | •••• | - | Jharkhand, India |
| C.P. Re-Rollers Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Kiran Infra Ispat Limited | •••• | •••• | •••• | •••• | 30 | Jaipur, Rajasthan, India |
| Vikas Strips Private Limited this company | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Kannappan Iron and Steel Company Limited | •••• | •••• | •••• | •••• | - | Coimbatore, Tamil Nadu, India |
| Jagat Metals Pvt Ltd | •••• | •••• | •••• | •••• | 107 | Mandi Gobindgarh, Punjab, India |
| Unison Metals Ltd Listed | •••• | •••• | •••• | •••• | 22 | Ahmedabad, Gujarat, India |
| Prem Jain Ispat Udyog Private Limited | •••• | •••• | •••• | •••• | 36 | Kota, Rajasthan, India |
| Mahindra Steel Service Centre Limited | •••• | •••• | •••• | •••• | 192 | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Vikas Strips by revenue in the Metals and Minerals industry (Steel), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Vikas Strips Private Limited
Vikas Strips Private Limited is audited by SSRA & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SSRA & CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Vikas Strips Private Limited
Vikas Strips has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anand Goel | Whole-Time Director | 18 Jun 2003 | 23 Years 3 Months | Current |
| Raj Kumar Goel | Whole-Time Director | 31 Jan 2012 | 14 Years 8 Months | Current |
| Deepak Goel | Whole-Time Director | 18 Jun 2003 | 23 Years 3 Months | Current |
Ownership and Shareholding of Vikas Strips Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Vikas Strips Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Dec 2024 | Others | ₹68 Lakh | Open |
| 24 Jul 2024 | The Hongkong and Shanghai Banking Corporation Limited | ₹5 Cr | Open |
| 08 Jul 2023 | The Hongkong and Shanghai Banking Corporation Limited | ₹58.42 Cr | Open |
| 16 Feb 2020 | Hdfc Bank Limited | ₹1.6 Cr | Satisfied |
| 15 Nov 2018 | Axis Bank Limited | ₹5 Cr | Satisfied |
Total charge records: 13 View all charges
Legal Cases of Vikas Strips Private Limited
Vikas Strips Private Limited has 52 court cases on record: 45 filed by Vikas Strips, 7 filed against it. 19 cases are pending and 33 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 50 | 6 | 18 |
| High courts | 2 | 1 | 1 |
Cases on record (5 of 52)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Faridabad, Haryana | Cheque dishonour complaint | Filed by the company against Rathi Manufacturing Company Private Limited | Pending |
| District court, West, Delhi | Cheque dishonour complaint | Filed by the company against Debi Steel Tubes Private Limited | Disposed |
| District court, West, Delhi | Cheque dishonour complaint | Filed by the company against Ogata Motors India Private Limited | Disposed |
| District court, Faridabad, Haryana | Cheque dishonour complaint | Filed by the company against Rathi Manufacturing Company Private Limited | Disposed |
| District court, West, Delhi | Cheque dishonour complaint | Filed by the company against Sita Singh and Sons Private Limited | Disposed |
Full case history
All 52 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Vikas Strips Private Limited
Vikas Strips Private Limited has 12 MSME Form 1 returns on record between 2019 and 2023, listing 247 overdue payments to 71 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 71)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| VSM Venture Control Systems Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Savcon Thermal Engineers (India) Private Limited | •••• | •••• | •••• |
| Ibh Bearings Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 12 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Vikas Strips Private Limited
Vikas Strips Private Limited has a workforce of 14 employees as of Mar 31, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Name History of Vikas Strips Private Limited
Vikas Strips has undergone 2 name changes throughout its history. The company was previously known as Vikas Strips Limited, and Vikas Strips Private Limited. The current legal name is Vikas Strips Private Limited.
| Company Name | Status |
|---|---|
| Vikas Strips Private Limited | Current |
| Vikas Strips Limited | Previous |
CIN History of Vikas Strips Private Limited
Vikas Strips has one previous CIN (Corporate Identification Number): U27109DL2003PLC120962. The current CIN is U27109DL2003PTC120962, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27109DL2003PTC120962 | Current |
| U27109DL2003PLC120962 | Previous |
Recent Activity on Vikas Strips Private Limited
Vikas Strips Private Limited has 8 board changes on record since 2003: 3 appointments and 5 cessations. The latest: Anand Goel ceased to be Director on 01 Apr 2018.
25 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Vikas Strips Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Vikas Strips Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Vikas Strips Private Limited
Vikas Strips has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AABCV7134J2Z5 | Delhi | Active | 01 Jan 2019 |
| 06AABCV7134J1Z8 | Haryana | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Vikas Strips Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Vikas Strips Private Limited
Vikas Strips is an active private limited company based in New, Delhi, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 18 June 2003 (23+ years old) and is registered under CIN U27109DL2003PTC120962.
Vikas Strips reported revenue of ₹316.97 Cr for FY 2025 (down 10% YoY).
Vikas Strips has 3 current directors:
- Anand Goel - Whole-Time Director
- Raj Kumar Goel - Whole-Time Director
- Deepak Goel - Whole-Time Director
Vikas Strips reported a net profit of ₹1.87 Cr (net margin 0.6%) and EBITDA of ₹6.91 Cr (EBITDA margin 2.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Vikas Strips is -1% over three years and 11% over five years. In the latest year (FY 2025) revenue fell 10%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Vikas Strips is 07AABCV7134J2Z5, registered in Delhi. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 06AABCV7134J1Z8 (Haryana).
The CIN (Corporate Identification Number) of Vikas Strips is U27109DL2003PTC120962. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vikas Strips has 52 court cases on record: 45 filed by the company and 7 filed against it. 19 are pending. Most are in the district courts.
Vikas Strips was incorporated on 18 June 2003, making it 23+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Vikas Strips by revenue are Balaji Niryaat Private Limited, Champion Rolling Mill Private Limited, Aloke Steels Industries Private Limited, C.P. Re-Rollers Limited, Kiran Infra Ispat Limited and 5 more, all in the Metals and Minerals industry (Steel).
Anand Goel ceased to be Director on 01 Apr 2018. Deepak Goel ceased to be Director on 01 Apr 2018. Raj Kumar Goel ceased to be Director on 01 Apr 2018. Vikas Strips has 8 board changes on record in total.
Vikas Strips has 12 MSME Form 1 returns on record between 2019 and 2023, listing 247 overdue payments to 71 micro and small suppliers. The latest return was filed on 16 Oct 2023.