Vikash Durables Limited - Company Profile

It is a consumer electronics & durables public limited company based in Kanpur, Uttar Pradesh, India, established in 1984.
1984 Kanpur, Uttar Pradesh, India Active
Last Updated:
Access Report
About Vikash Durables Limited

Vikash Durables Limited, a active public limited company, was established on 20 September 1984 in Kanpur, Uttar Pradesh, India. Engaging in electronics manufacturing within the trade sector, it holds CIN: U51109UP1984PLC006741. Registered under ROC Roc Kanpur. it is unlisted. It has an authorized capital of ₹2.00 M and a paid-up capital of ₹0.90 M.

Formerly known as Vikash Distributors Limited, Vikash Distributors Limited. It upholds a compliant status. Its leadership includes Suresh Banka (Director), Subhash Chandra Tibarewala (Managing Director), Prakash Chandra Tibarewala (Director). Past directors included Vikash Chandra Tibarewala, Deb Kumar Ghoshal, Padma Agarwal. It holds ₹1.00 Cr open charges and ₹2.81 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at 87/110, Krishna Oil Mill Compound, Acharya Nagar, Kanpur, Uttar Pradesh, 208003.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U51109UP1984PLC006741

  • Registration Number

    006741

  • Incorporation Date

    20 September 1984

  • Authorized Capital

    ₹2.00 M

  • Paid-Up Capital

    ₹0.90 M

  • ROC Code

    Roc Kanpur

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 0.90 M
  • Company Age 41 Year, 5 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 1.00 Cr
  • Satisfied Charges ₹ 2.81 Cr
  • Revenue Growth **** -47.68%
  • Profit Growth **** -598.63%
  • Ebitda **** -1188.43%
  • Net Worth -8.83%
  • Total Assets -1.23%
Company report

Vikash Durables Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Vikash Durables Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

Access Report
Who are the key members and board of directors at Vikash Durables Limited?
Current Directors
Name Designation Appointment Date Status
Suresh Banka Director 01 Mar 2021 Current
Subhash Chandra Tibarewala Managing Director 15 Oct 1984 Current
Prakash Chandra Tibarewala Director 01 Apr 1997 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Managing Director 01 Mar 2021 Past
Pramod Abcsdd Director 20 Nov 2009 Past
Pramod Abcsdd Director 21 Nov 2009 Past

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

Financial Performance of Vikash Durables.

Vikash Durables Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 47.68% decrease. The company also saw a substantial fall in profitability, with a 598.63% decrease in profit. The company's net worth dipped by a decrease of 8.83%.

Vikash Durables revenue growth over time
Vikash Durables profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
********
 -47.68%
*******
*******
*******
*******
Revenue from Operations
*******
 -47.37%
*******
*******
*******
*******
Total Assets
*******
 -1.23%
*******
*******
*******
*******
Profit or Loss
*******
 -598.63%
*******
*******
*******
*******
Net Worth
*******
 -8.83%
*******
*******
*******
*******
EBITDA
*******
 -1188.43%
*******
*******
*******
*******

Discover detailed financial data and - Unlock financial today!

What is the Ownership and Shareholding Structure of Vikash Durables?

In 2023, Vikash Durables had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

Reveal ownership structures and financial performance - Get instant access now!

Charges (Loans)
Open Charges

₹10,000,000.00

Satisfied Charges

₹28,050,000.00

Charges Breakdown by Lending Institutions
  • Others : 1.00 Cr
Latest Charge Details
Date Lender Amount Status
29 Nov 2021 Others ₹1.00 Cr Open
31 Jul 2019 Others ₹8.95 M Satisfied
16 Feb 2015 Punjab National Bank ₹2.50 M Satisfied
06 Sep 2007 Punjab National Bank ₹1.50 Cr Satisfied
05 Feb 2005 Allahabad Bank ₹1.60 M Satisfied

Explore comprehensive loan charge details -

How Many Employees Work at Vikash Durables?

Vikash Durables has a workforce of 0 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Vikash Durables, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Vikash Durables's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Explore deal ratings and alerts - Get instant access now!

Latest Updates, News, and FAQs on Vikash Durables
Recent Activity within the Organization
  • Annual General Meeting

    Vikash Durables Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Vikash Durables Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Kanpur. was recorded as a recent event.

  • Charges

    The activity A charge registered on 31 Jul 2019 via Charge ID 100301234 with Others was fully satisfied on 08 Dec 2022. was completed.

  • Charges

    The activity A charge with Others amounted to Rs. 10.00 M with Charge ID 100504086 was registered on 29 Nov 2021. was completed.

  • Director Appointment

    Progress on Suresh Banka was appointed as a Director was appointed as a Director on 01 Mar 2021 & has been associated with this company since 4 years 11 months . was documented.

  • Charges

    A charge with Others of Rs. 8.95 M registered on 31 Jul 2019 with Charge ID 100301234 was modified on 30 Jul 2020. was recorded as a recent event.

Explore recent activity and updates - View Recent Activity

Frequently Asked Questions
What is the CIN of Vikash Durables Limited?

The CIN of Vikash Durables Limited is U51109UP1984PLC006741.

Where is Vikash Durables Limited headquartered?

Vikash Durables Limited is headquartered at 87/110, Krishna Oil Mill Compound, Acharya Nagar, Kanpur, Uttar Pradesh, 208003.

When was Vikash Durables Limited incorporated?

Vikash Durables Limited was incorporated on 20 September 1984.

Who are the current directors of Vikash Durables Limited?

The current directors of Vikash Durables Limited are

What is the primary industry of Vikash Durables Limited?

The primary industry of Vikash Durables Limited is Trade.

Is Vikash Durables Limited a listed company?

Vikash Durables Limited is unlisted.

What is the capital structure of Vikash Durables Limited?

The authorized capital of Vikash Durables Limited is ₹2.00 M, and the paid-up capital is ₹0.90 M.

What is the compliance status of Vikash Durables Limited?

The compliance status of Vikash Durables Limited is Compliant.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available