MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-22-0030835
Viken Tape Limited - packaging in Surat, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹12.97 Cr
▼ 57% YoY
Net loss · FY 2023
₹2.62 Cr
Net margin -20.2%
EBITDA · FY 2023
-₹1.97 Cr
EBITDA margin -15.2%
Authorised capital
₹51 Lakh
Registered with MCA
Paid-up capital
₹2.71 Lakh
Issued & subscribed
Open charges
₹5.79 Cr
Secured borrowings
Company age
15 yrs
Est. 2011
Employees · EPFO
67
Provident fund records
About Viken Tape Limited
Data last updated:
Viken Tape Limited is a public limited company based in Surat, Gujarat, India. It operates in the industrial packaging solutions segment of the packaging sector. It was incorporated on 30 March 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17236GJ2011PLC064677. Its GSTIN is 24AADCV5966A1ZF (Gujarat). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹51 Lakh and a paid-up capital of ₹2.71 Lakh. It was formerly known as Viken Tape Private Limited. It is led by directors including Chetan Vasudev Mashruwala and Jayaben Vasudev Mashruwala.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 76/B Mashruwala Compound Opp. Vardhman Complex Near Uma Bhavan Char Rasta Bhatar Road, Surat, Gujarat, India – 395001.
As per the financials filed for FY 2023, the company reported a revenue of ₹12.97 Cr, a decline of 57% compared to the previous year. For the same year it recorded a net loss of ₹2.62 Cr (net margin -20.2%) and EBITDA of -₹1.97 Cr (EBITDA margin -15.2%). Revenue has declined at a compounded annual rate (CAGR) of 18% over three years.
The company has about 67 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Viken Tape. As per MCA filings, the company has open charges of ₹5.79 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
Viken Tape Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0030835). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vikentape.com.
Company details
CIN U17236GJ2011PLC064677
Registration Number 064677
Incorporation Date 30 March 2011
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-22-0030835
CIN history
Viken Tape has one previous CIN (Corporate Identification Number): U17236GJ2011PTC064677. The current CIN is U17236GJ2011PLC064677, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17236GJ2011PLC064677 | Current |
| U17236GJ2011PTC064677 | Previous |
Key People
Chetan Vasudev Mashruwala Director Jayaben Vasudev Mashruwala Director Manav Chetan Mashruwala Director Recognitions & Rankings of Viken Tape
Contact details
Viken Tape Limited's registered office is in Surat, Gujarat. Its website is vikentape.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address76/B Mashruwala Compound Opp. Vardhman Complex Near Uma Bhavan Char Rasta Bhatar Road, Surat, Gujarat, India – 395001
- IndustryPackaging, Industrial Packaging Solutions
To see the full contact details of Viken Tape Limited, buy the company report.
Comprehensive company report
Viken Tape Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Viken Tape operates one associated brand: Viken Tape. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of elastics and narrow fabrics in India. | vikentape.com |
Financials of Viken Tape Limited
FY 2024 filings availableViken Tape Limited reported revenue of ₹12.97 Cr (down 57% YoY) for FY 2023.
Revenue · FY 2023
₹12.97 Cr ▼ 57%
Net loss · FY 2023
₹2.62 Cr margin -20.2%
EBITDA · FY 2023
-₹1.97 Cr margin -15.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 57%
3 years · compounded
▼ 18%
Revenue has declined at a compounded annual rate (CAGR) of 18% over three years, including a 57% fall 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹12.97 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.97 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.62 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -15.2% | ||||
| Net Profit Margin | -20.2% | ||||
| 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 Viken Tape Limited, buy the company report.
Board of directors of Viken Tape Limited
Viken Tape has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chetan Vasudev Mashruwala Also directs: Viken Exports Private Limited | Director | 30 Mar 2011 | 15 Years 6 Months | Current |
| Jayaben Vasudev Mashruwala | Director | 30 Mar 2011 | 15 Years 6 Months | Current |
| Manav Chetan Mashruwala | Director | 09 Dec 2022 | 3 Years 10 Months | Current |
Auditor
Viken Tape Limited is audited by RANJIT GALLEDAR & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RANJIT GALLEDAR & CO | FY 2023 | 108640W |
Shareholding
The shareholding of Viken Tape Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Viken Tape Limited, buy the company report.
Charges & borrowings
Open charges
₹5.79 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Apr 2014 | 10500770 | Others | ₹5.79 Cr | Open |
To see the full charge records of Viken Tape Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Viken Tape Limited has 1 court case on record: 1 filed by Viken Tape. All case is disposed.
Total cases
1
Filed by the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Criminal complaint | Filed by the company against Parikh Fabrics Pvt. Ltd. and 3 others | Disposed |
To see the full case history of Viken Tape 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.
MSME payment delays
Viken Tape Limited has 4 MSME Form 1 returns on record between 2019 and 2020, listing 21 overdue payments to 15 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 15)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Ajay Packaging | |||
| Kolour Spintek Limited | |||
| an individual supplier | |||
| Rubfila International Ltd | |||
| V Trans (India) Limited |
To see the full MSME payment records of Viken Tape Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Viken Tape Limited has a workforce of 67 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
Employee count
67
Active EPFO establishments
1
Employee growth
-22.99%
GST
Viken Tape has 3 GST registrations: 3 active.
Total GSTINs
3
Active
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCV5966A1ZF | Gujarat | Active | 01 Jul 2017 |
| 07AADCV5966A1ZB | Delhi | Active | 24 Jul 2018 |
| 36AADCV5966A1ZA | Telangana | Active | 18 Jan 2019 |
To see the full GST registrations and return filing status of Viken Tape Limited, buy the company report.
Recent activity
Viken Tape Limited has 5 board changes on record since 2011: 3 appointments and 2 cessations. The latest: Manav Chetan Mashruwala was appointed as Director on 09 Dec 2022.
AGM
Viken Tape Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Viken Tape Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Appointed
Manav Chetan Mashruwala was appointed as Director.
Charges
A charge with Others of Rs. 578.58 Lakh registered on 28 Apr 2014 with Charge ID 10500770 was modified on 17 Sep 2021.
Ceased
Dipika Chetankumar Masharuwala ceased to be Director.
Ceased
Vasudev Natwarlal Mashruwala ceased to be Director.
Charges
A charge with Others amounted to Rs. 578.58 Lakh with Charge ID 10500770 was registered on 28 Apr 2014.
Appointed
Chetan Vasudev Mashruwala was appointed as Director.
Appointed
Jayaben Vasudev Mashruwala was appointed as Director.
Incorporation
30 Mar 2011
Viken Tape Limited was registered on 30 Mar 2011 with Roc Ahmedabad & aged 15 years 6 months as per MCA records.
Frequently asked questions
Viken Tape is an active public limited company based in Surat, Gujarat, India. The company works in industrial packaging solutions, within the packaging industry. It was incorporated on 30 March 2011 (15+ years old) and is registered under CIN U17236GJ2011PLC064677.
Viken Tape has 3 current directors:
- Chetan Vasudev Mashruwala - Director
- Jayaben Vasudev Mashruwala - Director
- Manav Chetan Mashruwala - Director
The latest financial statements of Viken Tape on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Viken Tape is 24AADCV5966A1ZF, registered in Gujarat. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 07AADCV5966A1ZB (Delhi), 36AADCV5966A1ZA (Telangana).
The CIN (Corporate Identification Number) of Viken Tape is U17236GJ2011PLC064677. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Viken Tape has 1 court case on record: 1 filed by the company.
Viken Tape was incorporated on 30 March 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Manav Chetan Mashruwala was appointed as Director on 09 Dec 2022. Dipika Chetankumar Masharuwala ceased to be Director on 05 May 2018. Vasudev Natwarlal Mashruwala ceased to be Director on 15 Jun 2015. Viken Tape has 5 board changes on record in total.
Yes, Viken Tape is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-22-0030835).
Viken Tape has 4 MSME Form 1 returns on record between 2019 and 2020, listing 21 overdue payments to 15 micro and small suppliers. The latest return was filed on 12 Nov 2020.
Viken Tape can be reached through the website vikentape.com. Its registered office is in Surat, Gujarat, India.