Vikash Somani Securities Pvt.Ltd.
About Vikash Somani Securities Pvt.Ltd.
Data last updated:
Vikash Somani Securities Pvt.Ltd. was a private limited company based in Kolkata, West Bengal, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the diversified financial services segment of the financial services sector. It was incorporated on 28 April 1995.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U67120WB1995PTC071273. Its GSTIN is 19AAACV8618G1Z2 (West Bengal).
The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It was led by directors Vikash Somani and Suresh Kumar Somani.
Its last annual general meeting (AGM) was held on 30 December 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at Woodburn Central 3rd Floor 5A Woodburn Park Road, Kolkata, West Bengal, India – 700020.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.18 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹40.7 Lakh (net margin 34.6%) and EBITDA of ₹49.59 Lakh (EBITDA margin 42.2%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 15% over five years.
Court records list 2 cases involving the company, including 2 filed by the company.
Company details
Contact details
Vikash Somani Securities Pvt.Ltd.'s registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressWoodburn Central 3rd Floor 5A Woodburn Park Road, Kolkata, West Bengal, India – 700020
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Vikash Somani Securities Pvt.Ltd., 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
Business activity
The main business activity of Vikash Somani Securities is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Vikash Somani Securities Pvt.Ltd., buy the company report.
Financials of Vikash Somani Securities Pvt.Ltd.
FY 2021 filings availableVikash Somani Securities Pvt.Ltd. reported revenue of ₹1.18 Cr (up 305% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 305% growth in the latest year. EBITDA rose 163% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| 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 | ₹49.59 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹40.7 Lakh | ||||
| 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
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 42.2% | ||||
| Net Profit Margin | 34.6% | ||||
| 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 | |||||
To see the full financial statements and ratios of Vikash Somani Securities Pvt.Ltd., buy the company report.
Board of directors of Vikash Somani Securities Pvt.Ltd.
Vikash Somani Securities has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikash Somani Also directs: Ratnabali Investment Private Limited, Ratnabali Equity Private Limited, Iac Patrons Foundation and 1 more | Director | 28 Apr 1995 | 31 Years 6 Months | As last reported |
| Suresh Kumar Somani Also directs: Ratnabali Investment Private Limited, Ratnabali Equity Private Limited, Iac Patrons Foundation and 4 more | Director | 28 Apr 1995 | 31 Years 6 Months | As last reported |
Auditor
Vikash Somani Securities Pvt.Ltd. is audited by GOENKA SURESH & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GOENKA SURESH & ASSOCIATES | FY 2020 | 313139E |
Shareholding
The shareholding of Vikash Somani Securities Pvt.Ltd. is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Vikash Somani Securities Pvt.Ltd., buy the company report.
Legal cases
Vikash Somani Securities Pvt.Ltd. has 2 court cases on record: 2 filed by Vikash Somani Securities. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Court case (TS) | Filed by the company against Larsen Tubro Ltd. | Disposed |
| District court, Calcutta, West Bengal | Court case (TS) | Filed by the company against Larsen and Tubro Ltd. and Ors. | Disposed |
To see the full case history of Vikash Somani Securities Pvt.Ltd., 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 Vikash Somani Securities Pvt.Ltd.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vikash Somani Securities has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAACV8618G1Z2 | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vikash Somani Securities Pvt.Ltd., buy the company report.
Recent activity
Vikash Somani Securities Pvt.Ltd. has 2 board changes on record since 1995: 2 appointments. The latest: Suresh Kumar Somani was appointed as Director on 28 Apr 1995.
Frequently asked questions
Vikash Somani Securities has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Vikash Somani Securities was a private limited company based in Kolkata, West Bengal, India. The company worked in diversified financial services, within the financial services industry. It was incorporated on 28 April 1995 and is registered under CIN U67120WB1995PTC071273. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Vikash Somani Securities was incorporated on 28 April 1995. It is registered with the Registrar of Companies, Kolkata.
Vikash Somani Securities had 2 directors:
- Vikash Somani - Director
- Suresh Kumar Somani - Director
The CIN (Corporate Identification Number) of Vikash Somani Securities is U67120WB1995PTC071273. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Vikash Somani Securities is at Woodburn Central 3rd Floor 5A Woodburn Park Road, Kolkata, West Bengal, India – 700020.
The latest financial statements of Vikash Somani Securities on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 December 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Vikash Somani Securities is 19AAACV8618G1Z2, registered in West Bengal.
Vikash Somani Securities operated in the financial services industry, in the diversified financial services segment.
Vikash Somani Securities has 2 court cases on record: 2 filed by the company.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
