Vikash Metal & Power Limited

Vikash Metal & Power Limited - metals and minerals in Kolkata, West Bengal, India. Directors, charges & compliance details.
CIN U27109WB1996PLC080353 Incorporated 04 July 1996 ROC Kolkata HQ Kolkata, West Bengal, India
Active Public Limited Company metals and minerals
Data last updated
Authorised capital
₹100 Cr
Registered with MCA
Paid-up capital
₹71.19 Cr
Issued & subscribed
Open charges
₹647.28 Cr
Satisfied ₹547.15 Cr
Company age
30 yrs
Est. 1996
Directors on board
3
As per MCA filings
GST registrations
2
None active
Brands
1
Associated brands
Last financials
Mar 2013
Balance sheet date

About Vikash Metal & Power Limited

Data last updated:

Vikash Metal & Power Limited is a public limited company based in Kolkata, West Bengal, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 04 July 1996 and has been in existence for over 30 years.

The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U27109WB1996PLC080353. The company has 2 GST registrations on record, none of which is active.

The company has an authorised share capital of ₹100 Cr and a paid-up capital of ₹71.19 Cr. It is led by directors including Vikash Patni (Managing Director) and Vimal Kumar Patni.

Its last annual general meeting (AGM) was held on 30 September 2013, and its latest financial statements are for the year ended 31 March 2013. The registered office is at 35 Chittaranjan Avenue6Th Floor, Kolkata, West Bengal, India – 700012.

The company is associated with 1 brand: Vikash Metal & Power. As per MCA filings, the company has open charges of ₹647.28 Cr and satisfied charges of ₹547.15 Cr on record. Court records list 60 cases involving the company, including 32 filed by the company and 28 filed against it; 13 cases are pending. The company has 29 deals on record (28 market trades, 1 ipo); the latest was in March 2013.

The current compliance status is marked as active non-compliant by the Registrar of Companies.

Company details

CIN U27109WB1996PLC080353
Registration Number 080353
Incorporation Date 04 July 1996
ROC Kolkata
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2013
Date of Balance Sheet 31 March 2013
Compliance Status Active Non-Compliant

CIN history

Vikash Metal & Power has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U27109WB1996PLC080353, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U27109WB1996PLC080353Current
L27109WB1996PLC080353Previous
U27109WB1996PTC080353Previous

Contact details

Vikash Metal & Power Limited's registered office is in Kolkata, West Bengal.

  • Registered Address
    35 Chittaranjan Avenue6Th Floor, Kolkata, West Bengal, India – 700012
  • Industry
    Metals and Minerals, Steel Manufacturing & Processing
Comprehensive company report
Vikash Metal & Power Limited - one report that includes everything
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  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Brands

Vikash Metal & Power operates one associated brand: Vikash Metal & Power. Each brand links to its own profile.

BrandDescriptionWebsite
Metal processing and power generation are conducted in India.vikashmetalpower.com

Financials of Vikash Metal & Power Limited

FY 2013 filings available

Financial Statement Summary

MetricsFY 2012-13
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
Profit Before Tax
Tax Expense
Net Profit (PAT)
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

MetricsFY 2012-13
Profitability
EBITDA Margin
Net Profit Margin
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

To see the full financial statements and ratios of Vikash Metal & Power Limited, buy the company report.

Board of directors of Vikash Metal & Power Limited

Vikash Metal & Power has 3 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sanjay SharmaAdditional Director06 Aug 201412 Years 2 MonthsCurrent
Vikash PatniManaging Director01 Apr 200323 Years 6 MonthsCurrent
Vimal Kumar PatniDirector04 Jul 199630 Years 3 MonthsCurrent

Charges & borrowings

Open charges
₹647.28 Cr
Satisfied charges
₹547.15 Cr
Breakdown by lending institutions
Bank of India₹491.77 Cr
Asrec (India) Limited₹62.27 Cr
United Bank of India₹58.24 Cr
Idbi Bank Limited₹35.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
29 Jun 200910169312Bank of India₹19.9 CrOpen
08 Dec 200810132774Idbi Bank Limited₹35 CrOpen
31 Jul 200810116690Bank of India₹235.94 CrOpen
31 Jul 200810116691Bank of India₹65.18 CrOpen
31 Jul 200810116692Bank of India₹170.75 CrOpen

To see the full charge records of Vikash Metal & Power Limited, buy the company report.

Total charge records: 16 View all charges

Deals & funding

Vikash Metal & Power Limited has 29 deals on record (28 market trades, 1 ipo); the latest was in March 2013.

Total deals
29
Market trades
28
IPO
1

Deals on record (5 of 29)

WhenDealAmountParties
Mar 2013Market trade₹5.3 LakhSeller: Yt Realty Private Limited
Mar 2013Market trade₹11.2 LakhBuyer: Yt Realty Private Limited
Mar 2013Market trade₹18.6 LakhBuyer: Red Eye Production And Events Private Limeted, Yt Realty Private Limited
Oct 2012Market trade₹4.5 LakhSeller: Ushdev International Limited
Sep 2011Market trade₹1.36 CrBuyer: Indravarun Trade Impex Private Limited , JMP Securities Private Limited
Seller: Indravarun Trade Impex Private Limited , JMP Securities Private Limited

To see the full deal history of Vikash Metal & Power Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Vikash Metal & Power Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Vikash Metal & Power has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.

Total GSTINs
2
Cancelled / inactive
2

To see the full GST registrations and return filing status of Vikash Metal & Power Limited, buy the company report.

Recent activity

Vikash Metal & Power Limited has 17 board changes on record since 1996: 3 appointments and 14 cessations. The latest: Sanjay Sharma ceased to be Additional Director on 20 Sep 2015.

Ceased
Sanjay Sharma ceased to be Additional Director.
Ceased
Chhatar Singh Dugar ceased to be Director.
Appointed
Sanjay Sharma was appointed as Additional Director.
Ceased
Akkash Patni ceased to be Director.
Charges
A charge with Asrec (India) Limited of Rs. 62.27 Cr registered on 14 Jun 2005 with Charge ID 80025223 was modified on 30 Dec 2013.
Ceased
Deepak Jain ceased to be Additional Director.
Ceased
Rana Pratap Singh ceased to be Additional Director.
AGM
Vikash Metal & Power Limited last Annual general meeting of members was held on 30 Sep 2013 as per latest MCA records.
Filing
Vikash Metal & Power Limited has filed its annual Financial statements for the year ended 31 Mar 2013 with Roc Kolkata I.
Ceased
Paresh Jain ceased to be Additional Director.
Ceased
Rakesh Kumar Jain ceased to be Additional Director.
Ceased
Kailash Chand Jain ceased to be Director.

44 earlier events are in the company report.

Frequently asked questions

Vikash Metal & Power is an active public limited company based in Kolkata, West Bengal, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 04 July 1996 (30+ years old) and is registered under CIN U27109WB1996PLC080353.

Vikash Metal & Power has 3 current directors:

The latest financial statements of Vikash Metal & Power on record with the MCA are for the year ended 31 March 2013. Its last annual general meeting was held on 30 September 2013. Year-wise statements from 2015 are in the company report.

No. Vikash Metal & Power has 2 GST registrations on record and all of them are cancelled or inactive.

The CIN (Corporate Identification Number) of Vikash Metal & Power is U27109WB1996PLC080353. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Vikash Metal & Power has 60 court cases on record: 32 filed by the company and 28 filed against it. 13 are pending. Most are in the high courts.

Vikash Metal & Power was incorporated on 04 July 1996, making it 30+ years old. It is registered with the Registrar of Companies, Kolkata.

Vikash Metal & Power has 29 deals on record (28 market trades, 1 ipo); the latest was in March 2013.

Sanjay Sharma ceased to be Additional Director on 20 Sep 2015. Chhatar Singh Dugar ceased to be Director on 08 Aug 2014. Sanjay Sharma was appointed as Additional Director on 06 Aug 2014. Vikash Metal & Power has 17 board changes on record in total.

The registered office of Vikash Metal & Power is at 35 Chittaranjan Avenue6Th Floor, Kolkata, West Bengal, India – 700012.