About Vikas WSP Limited
Data last updated:
Vikas WSP Limited is a public limited company based in Siwani, Haryana, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the agricultural support and advisory segment of the agriculture sector. It was incorporated on 22 June 1988.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN L24139HR1988PLC030300. Its GSTIN is 08AAACV7816Q1ZM (Rajasthan). The company holds 4 GST registrations, of which 1 is active. It is a listed company as per MCA records. Its shares are listed on BSE: 519307.
The company has an authorised share capital of ₹28.75 Cr and a paid-up capital of ₹20.44 Cr. It was formerly known as Vikas Wsp Pvt Limited and Vikas Gum Mills Pvt Ltd. It is led by directors including Pawan Singla and Baljinder Singh.
Its last annual general meeting (AGM) was held on 28 September 2019, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Railway Road Siwani, Haryana, India – 127046.
The company has about 10 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Vikas WSP. As per MCA filings, the company has open charges of ₹326.5 Cr and satisfied charges of ₹506.74 Cr on record. Court records list 97 cases involving the company, including 40 filed by the company and 58 filed against it; 12 cases are pending. The company has 58 deals on record (58 market trades); the latest was in December 2022.
The last known website on record is vikaswsplimited.in.
Company details
Name history
Vikas WSP has undergone 2 name changes throughout its history. The company was previously known as Vikas Wsp Pvt Limited, and Vikas Gum Mills Pvt Ltd. The current legal name is Vikas Wsp Limited.
| Company Name | Status |
|---|---|
| Vikas WSP Limited | Current |
| Vikas Wsp Pvt Limited | Previous |
| Vikas Gum Mills Pvt Ltd | Previous |
CIN history
Vikas WSP has one previous CIN (Corporate Identification Number): U24139HR1988PLC030300. The current CIN is L24139HR1988PLC030300, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L24139HR1988PLC030300 | Current |
| U24139HR1988PLC030300 | Previous |
Contact details
Vikas WSP Limited's registered office is in Siwani, Haryana. Its website is vikaswsplimited.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressRailway Road Siwani, Haryana, India – 127046
- IndustryAgriculture, Agri Support Services
To see the full contact details of Vikas WSP 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
Brands
Vikas WSP operates one associated brand: Vikas WSP. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Guar gum powder is manufactured by Vikas WSP in India. | vikaswspltd.in |
Business activity
The main business activity of Vikas WSP is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Vikas WSP Limited, buy the company report.
Financials of Vikas WSP Limited
FY 2025-26 filings availableVikas WSP Limited reported revenue of ₹- for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 23.10 | 222 | 758 |
| Revenue growth | - | - | - | -100.0% | -89.6% | -70.8% | - |
| EBITDA | (107) | (1.60) | (1.58) | (2.01) | (116) | (42.99) | 57.84 |
| EBITDA margin | - | - | - | - | -503.3% | -19.4% | +7.6% |
| Profit before tax | (108) | (35.49) | (35.49) | (35.92) | (189) | (108) | 19.21 |
| Net profit | (66.97) | (26.61) | (26.62) | (32.73) | (60.97) | (115) | 21.36 |
| Net profit margin | - | - | - | - | -263.9% | -51.7% | +2.8% |
| EPS (₹) | (3.25) | (1.30) | (1.30) | (1.60) | (8.00) | (5.60) | 1.04 |
| Balance sheet | |||||||
| Total assets | - | 1,098 | 1,124 | 1,151 | 1,183 | 1,146 | 1,284 |
| Net worth | - | 787 | 814 | 840 | 873 | 1,036 | 1,145 |
| Total debt | - | 307 | 307 | 307 | 307 | 106 | 131 |
| Cash & bank | - | 5.54 | 5.54 | 5.51 | 0.39 | 1.24 | 1.84 |
| Net working capital | - | 234 | 235 | 236 | 237 | 179 | 277 |
| Cash flow | |||||||
| Cash from operations | - | 0.00 | 0.02 | 0.07 | (0.95) | 0.19 | 24.77 |
| Cash from investing | - | 0.00 | 0.00 | 0.00 | 0.10 | (0.31) | (0.47) |
| Cash from financing | - | 0.00 | 0.00 | 0.00 | 0.00 | (0.08) | (23.81) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other income | 0.04 | 0.08 | 0.06 | 0.05 | 0.06 | 0.09 | 0.07 | 0.07 |
| Total expenses | 0.22 | 106 | 0.25 | 0.26 | 0.30 | 0.84 | 0.23 | 0.25 |
| EBITDA | (0.22) | (106) | (0.25) | (0.26) | (0.30) | (0.84) | (0.23) | (0.25) |
| Depreciation | 0.12 | (25.12) | 8.54 | 8.54 | 8.54 | 8.54 | 8.54 | 8.54 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | (0.30) | (81.27) | (8.73) | (8.75) | (8.78) | (9.29) | (8.70) | (8.72) |
| Tax | 0.00 | (40.55) | 0.00 | 0.00 | 0.00 | (8.88) | 0.00 | 0.00 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other income | 0.04 | 0.08 | 0.06 | 0.05 | 0.06 | 0.09 | 0.07 | 0.07 |
| Total expenses | 0.22 | 106 | 0.25 | 0.26 | 0.30 | 0.84 | 0.23 | 0.25 |
| EBITDA | (0.22) | (106) | (0.25) | (0.26) | (0.30) | (0.84) | (0.23) | (0.25) |
| Depreciation | 0.12 | (25.12) | 8.54 | 8.54 | 8.54 | 8.54 | 8.54 | 8.54 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | (0.30) | (81.27) | (8.73) | (8.75) | (8.78) | (9.29) | (8.70) | (8.72) |
| Tax | 0.00 | (40.55) | 0.00 | 0.00 | 0.00 | (8.88) | 0.00 | 0.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 23.10 | 222 | 758 |
| Revenue growth | - | - | - | -100.0% | -89.6% | -70.8% | - |
| Other income | 0.26 | 0.27 | 0.25 | 0.25 | 0.00 | 0.00 | 0.00 |
| Total expenses | 107 | 1.60 | 1.58 | 2.01 | 139 | 265 | 700 |
| Employee cost | 0.00 | 0.00 | 0.66 | 0.64 | 1.41 | 8.50 | 21.67 |
| EBITDA | (107) | (1.60) | (1.58) | (2.01) | (116) | (42.99) | 57.84 |
| EBITDA margin | - | - | - | - | -503.3% | -19.4% | +7.6% |
| Depreciation | 0.50 | 34.16 | 34.16 | 34.16 | 34.16 | 34.37 | 34.35 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 38.61 | 31.03 | 4.28 |
| Profit before tax | (108) | (35.49) | (35.49) | (35.92) | (189) | (108) | 19.21 |
| Tax | (40.55) | (8.88) | (8.87) | (3.19) | (25.51) | 6.14 | (2.15) |
| Net profit | (66.97) | (26.61) | (26.62) | (32.73) | (60.97) | (115) | 21.36 |
| Net profit margin | - | - | - | - | -263.9% | -51.7% | +2.8% |
| EPS (₹) | (3.25) | (1.30) | (1.30) | (1.60) | (8.00) | (5.60) | 1.04 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | - | 20.44 | 20.44 | 20.44 | 20.44 | 20.44 | 20.44 |
| Reserves & surplus | - | 767 | 793 | 820 | 852 | 1,015 | 1,125 |
| Shareholders' funds (net worth) | - | 787 | 814 | 840 | 873 | 1,036 | 1,145 |
| Secured loans | - | 297 | 297 | 297 | 297 | 97.24 | 122 |
| Unsecured loans | - | 9.33 | 9.33 | 9.33 | 9.33 | 9.14 | 9.14 |
| Total debt | - | 307 | 307 | 307 | 307 | 106 | 131 |
| Total liabilities | - | 1,098 | 1,124 | 1,151 | 1,183 | 1,146 | 1,284 |
| Assets | |||||||
| Gross block | - | 1,163 | 1,163 | 1,163 | 1,163 | 1,163 | 1,163 |
| Net block | - | 463 | 497 | 532 | 566 | 600 | 634 |
| Capital work in progress | - | 0.00 | 0.00 | 0.00 | 0.00 | 11.56 | 11.56 |
| Investments | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | - | 2.07 | 2.07 | 2.07 | 2.07 | 36.03 | 73.03 |
| Sundry debtors | - | 575 | 575 | 575 | 575 | 575 | 606 |
| Cash & bank balances | - | 5.54 | 5.54 | 5.51 | 0.39 | 1.24 | 1.84 |
| Loans & advances | - | 0.07 | 0.05 | 0.09 | 0.27 | 5.40 | 7.74 |
| Total current assets | - | 583 | 583 | 583 | 578 | 618 | 688 |
| Total current liabilities | - | 349 | 348 | 347 | 341 | 439 | 411 |
| Net working capital | - | 234 | 235 | 236 | 237 | 179 | 277 |
| Total assets | - | 1,098 | 1,124 | 1,151 | 1,183 | 1,146 | 1,284 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | - | 0.12 | 0.09 | 0.02 | 0.87 | 1.06 | 0.57 |
| Net cash from operating activities | - | 0.00 | 0.02 | 0.07 | (0.95) | 0.19 | 24.77 |
| Net cash from investing activities | - | 0.00 | 0.00 | 0.00 | 0.10 | (0.31) | (0.47) |
| Net cash from financing activities | - | 0.00 | 0.00 | 0.00 | 0.00 | (0.08) | (23.81) |
| Net change in cash | - | 0.00 | 0.02 | 0.07 | (0.85) | (0.20) | 0.49 |
| Closing cash | - | 5.54 | 5.54 | 5.51 | 0.39 | 1.24 | 1.84 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | - | - | - | -100.0% | -89.6% | -70.8% | - |
| EBITDA growth | -6605.0% | -1.3% | +21.4% | +98.3% | -170.5% | -174.3% | - |
| PBT growth | -217.3% | 0.0% | +1.2% | +81.0% | -74.4% | - | -58.6% |
| Net income growth | -151.7% | +0.0% | +18.7% | +46.3% | +46.8% | -636.2% | - |
| Revenue CAGR (3Y) | - | -100.0% | -100.0% | -100.0% | -69.3% | -31.7% | +57.6% |
| EBITDA CAGR (3Y) | +276.5% | -76.0% | -66.8% | - | - | - | - |
| Profitability & leverage | |||||||
| Net income margin | - | - | - | - | -707.9% | -51.7% | +2.8% |
| Return on capital employed | - | - | -3.1% | -3.1% | -4.1% | -6.4% | +1.8% |
| Return on net worth | - | - | -3.2% | -3.8% | -6.4% | -10.5% | +1.9% |
| Debt / equity | - | - | 0.37 | 0.36 | 0.22 | 0.11 | 0.13 |
| Long-term debt / equity | - | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 0.00 | 0.00 | 0.00 | 0.00 | -25.67 | -40.11 | 18.22 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | - | 0.00 | 0.00 | 0.02 | 0.19 | 0.65 |
| Inventory turnover | - | - | 0.00 | 0.00 | 1.21 | 4.06 | 8.71 |
| Debtors turnover | - | - | 0.00 | 0.00 | 0.04 | 0.38 | 1.34 |
| EPS (₹) | (3.25) | (1.30) | (1.30) | (1.60) | (8.00) | (5.60) | 1.04 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 0.00 | 39.80 | 41.09 | 42.68 | 50.66 | 56.01 |
To see the full year-wise statements and ratios of Vikas WSP Limited, buy the company report.
Board of directors of Vikas WSP Limited
Vikas WSP has 6 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Baljinder Singh | Additional Director | 10 Dec 2021 | 4 Years 10 Months | As last reported |
| Buta Singh | Additional Director | 07 Dec 2021 | 4 Years 10 Months | As last reported |
| Suman Devi | Additional Director | 21 Dec 2021 | 4 Years 10 Months | As last reported |
| Pawan Singla Also directs: Vikas Chemi Gums (India) Limited | Director | 12 Oct 2020 | 6 Years 0 Months | As last reported |
| Vishanudutt | Additional Director | 05 Oct 2021 | 5 Years 0 Months | As last reported |
| Anandilal | Additional Director | 05 Oct 2021 | 5 Years 0 Months | As last reported |
Auditor
Vikas WSP Limited is audited by S PRAKASH AGGARWAL & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S PRAKASH AGGARWAL & CO | FY 2019 | 006105C |
Shareholding
Shareholding for the quarter ended Mar 2026: promoters hold 14.60%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 85.40%.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | |
|---|---|---|---|---|
| Promoters | 14.60% | 14.60% | 14.60% | 14.60% |
| Public | 85.40% | 85.40% | 85.40% | 85.40% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 May 2021 | 100443437 | Others | ₹21.5 Cr | Open | |
| 28 Jan 2014 | 10479819 | Punjab National Bank | ₹30 Cr | Open | |
| 12 Sep 2012 | 10379510 | Punjab National Bank | ₹220 Cr | Open | |
| 29 Jun 2000 | 80051152 | Industrial Bank of India | ₹50 Cr | Open | |
| 24 Dec 1998 | 80051153 | Industrial Development Bank of India | ₹5 Cr | Open |
To see the full charge records of Vikas WSP Limited, buy the company report.
Total charge records: 21 View all charges
Deals & funding
Vikas WSP Limited has 58 deals on record (58 market trades); the latest was in December 2022.
Deals on record (5 of 58)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2022 | Market trade | ₹70.9 Lakh | Buyer: Adroit Financial Services Private Limited Seller: Adroit Financial Services Private Limited |
| Jan 2022 | Market trade | ₹95.7 Lakh | Buyer: Adroit Financial Services Private Limited Seller: Adroit Financial Services Private Limited |
| Jan 2022 | Market trade | ₹1.9 Cr | Buyer: Mansi Shares & Stock Advisors Pvt Ltd, Adroit Financial Services Private Limited , Alpha Leon Enterprises LLP Seller: Adroit Financial Services Private Limited , Alpha Leon Enterprises LLP , Mansi Shares & Stock Advisors Pvt Ltd |
| Jan 2022 | Market trade | ₹1.03 Cr | Buyer: Adroit Financial Services Private Limited Seller: Adroit Financial Services Private Limited |
| Nov 2021 | Market trade | ₹59 Lakh | Buyer: Topgain Finance Private Limited Seller: Topgain Finance Private Limited |
To see the full deal history of Vikas WSP Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Vikas WSP Limited has 97 court cases on record: 40 filed by Vikas WSP, 58 filed against it. 12 cases are pending and 85 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 53 | 21 | 5 |
| District courts | 32 | 27 | 7 |
| NCLT | 7 | 7 | 0 |
| Supreme Court | 5 | 3 | 0 |
Cases on record (5 of 97)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Rajasthan | Appeal | Filed against the company by M/S Rajasthan Art Emporium Ltd. | Pending |
| NCLT, Chandigarh | Insolvency matter | Filed against the company by Workmen of Vikas WSP Limited | Disposed |
| NCLT, Chandigarh | Insolvency matter | Filed by the company against Vikas WSP Ltd. and 3 others | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed against the company by Elson Packaging Industries Pvt.Ltd. | Disposed |
| High Court of Rajasthan | Interim or miscellaneous application | Filed by the company against Ifci Limited and Anr | Disposed |
To see the full case history of Vikas WSP 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.
Credit ratings & regulatory alerts
Vikas WSP Limited was last rated by Brickwork on 17 Sep 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 17 Sep 2019 |
To see the full credit ratings and regulatory alerts of Vikas WSP Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Vikas WSP Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Vikas WSP Limited has a workforce of 10 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Vikas WSP has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAACV7816Q1ZM | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vikas WSP Limited, buy the company report.
Recent activity
Vikas WSP Limited has 36 board changes on record since 1988: 21 appointments and 15 cessations. The latest: Rajinder Pal ceased to be Additional Director on 21 Dec 2021.
72 earlier events are in the company report.
News
Frequently asked questions
Vikas WSP is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Vikas WSP is a company under insolvency, formerly operating as a public limited company based in Siwani, Haryana, India. The company works in agri support services, within the agriculture industry. It was incorporated on 22 June 1988 and is registered under CIN L24139HR1988PLC030300. Listed on BSE: 519307. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Vikas WSP has 6 current directors:
- Baljinder Singh - Additional Director
- Buta Singh - Additional Director
- Suman Devi - Additional Director
- Pawan Singla - Director
- Vishanudutt - Additional Director
- Anandilal - Additional Director
The latest financial statements of Vikas WSP on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 28 September 2019. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Vikas WSP is L24139HR1988PLC030300. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Vikas WSP is a listed company as per MCA records. Its shares are listed on BSE (code: 519307).
Vikas WSP has open charges of ₹326.5 Cr and satisfied charges of ₹506.74 Cr as per latest MCA filings.
Vikas WSP has 97 court cases on record: 40 filed by the company and 58 filed against it. 12 are pending. Most are in the high courts.
Vikas WSP was incorporated on 22 June 1988. It is registered with the Registrar of Companies, Delhi.
Vikas WSP has 58 deals on record (58 market trades); the latest was in December 2022.