MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-WB-10-0002959
Vikram India Ltd - energy and power in Kolkata, West Bengal, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹140.68 Cr
▲ 11% YoY
Net profit · FY 2024
₹2.38 Cr
Net margin 1.7%
EBITDA · FY 2024
₹19.42 Cr
EBITDA margin 13.8%
Authorised capital
₹15 Cr
Registered with MCA
Paid-up capital
₹11.99 Cr
Issued & subscribed
Open charges
₹160.3 Cr
Satisfied ₹50.07 Cr
Company age
46 yrs
Est. 1980
Employees · EPFO
252
Provident fund records
About Vikram India Ltd
Data last updated:
Vikram India Ltd is a public limited company based in Kolkata, West Bengal, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 01 January 1980 and has been in existence for over 46 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U29253WB1980PLC032447. Its GSTIN is 19AABCV7862P1ZE (West Bengal). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹11.99 Cr. It was formerly known as Vikram Forgings & Allied Industries Private Limited. It is led by directors including Ulpi Gupta and Anil Chaudhary.
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 Kolkata, West Bengal.
As per the financials filed for FY 2024, the company reported a revenue of ₹140.68 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹2.38 Cr (net margin 1.7%) and EBITDA of ₹19.42 Cr (EBITDA margin 13.8%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 2% over five years.
The company has about 252 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Vikram India. As per MCA filings, the company has open charges of ₹160.3 Cr and satisfied charges of ₹50.07 Cr on record. Court records list 31 cases involving the company, including 18 filed by the company and 13 filed against it; 3 cases are pending. The company has 8 deals on record (4 funding rounds, 4 secondary share transfers), with disclosed funding of ₹143.01 Cr; the latest was in August 2025.
Vikram India Ltd is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-10-0002959). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vikramindia.in.
Company details
CIN U29253WB1980PLC032447
Registration Number 032447
Incorporation Date 01 January 1980
ROC Kolkata
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 Medium
Udyam Registration UDYAM-WB-10-0002959
CIN history
Vikram India has one previous CIN (Corporate Identification Number): U27109WB1980PLC032447. The current CIN is U29253WB1980PLC032447, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29253WB1980PLC032447 | Current |
| U27109WB1980PLC032447 | Previous |
Recognitions & Rankings of Vikram India
Contact details
Vikram India Ltd's registered office is in Kolkata, West Bengal. Its website is vikramindia.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address1 Old Court House Corner, Tobacco House 4th Floor, Kolkata, West Bengal, India – 700001
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Vikram India Ltd, buy the company report.
Comprehensive company report
Vikram India Ltd - 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
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Brands
Vikram India operates one associated brand: Vikram India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures high-quality tea processing machinery and garden equipment for global customers. | vikramindia.in |
Business activity
The main business activity of Vikram India is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Vikram India Ltd, buy the company report.
Financials of Vikram India Ltd
FY 2024 filings availableVikram India Ltd reported revenue of ₹140.68 Cr (up 11% YoY) for FY 2024.
Revenue · FY 2024
₹140.68 Cr ▲ 11%
Net profit · FY 2024
₹2.38 Cr margin 1.7%
EBITDA · FY 2024
₹19.42 Cr margin 13.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 11%
3 years · compounded
▲ 5%
5 years · compounded
▲ 2%
EBITDA CAGR growth
1 year
▲ 20%
3 years · compounded
▲ 10%
5 years · compounded
▲ 6%
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 11% growth in the latest year. EBITDA rose 20% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹19.42 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.38 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.8% | ||||
| Net Profit Margin | 1.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
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| Net Profit Growth | |||||
To see the full financial statements and ratios of Vikram India Ltd, buy the company report.
Board of directors of Vikram India Ltd
Vikram India has 3 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ulpi Gupta Also directs: Konark Infratech Private Limited, Vikram Financial Services Ltd | Director | 14 Jun 2024 | 2 Years 4 Months | Current |
| Anil Chaudhary Also directs: Vikram Greentech (India) Ltd, Navi Consumer Health Care Private Limited, Navi Hygiene & Healthcare Private Limited and 5 more | Director | 28 Sep 1995 | 31 Years 1 Months | Current |
| Rajkumar Tripathi Also directs: Navi Hygiene & Healthcare Private Limited, Vikram Polyesters Private Limited, Konark Gujarat PV Private Limited and 1 more | Director | 30 Sep 2025 | 1 Years 1 Months | Current |
Auditor
Vikram India Ltd is audited by KEDIA SINGHANIA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KEDIA SINGHANIA & CO | FY 2023 | 126519W |
Shareholding
The shareholding of Vikram India Ltd is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Vikram India Ltd, buy the company report.
Charges & borrowings
Open charges
₹160.3 Cr
Satisfied charges
₹50.07 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Mar 2025 | 101077348 | Others | ₹10 Cr | Open | |
| 27 Oct 2021 | 100509461 | Tata Capital Financial Services Limited | ₹1.7 Cr | Open | |
| 14 Oct 2020 | 100378781 | Canara Bank | ₹74.91 Cr | Open | |
| 11 May 2020 | 100338441 | Canara Bank | ₹3.6 Cr | Open | |
| 19 Mar 2019 | 100252800 | Axis Bank Limited | ₹9 Cr | Open |
To see the full charge records of Vikram India Ltd, buy the company report.
Total charge records: 16 View all charges
Deals & funding
Vikram India Ltd has 8 deals on record (4 funding rounds, 4 secondary share transfers), with disclosed funding of ₹143.01 Cr; the latest was in August 2025.
Total deals
8
Funding rounds
4
Secondary share transfers
4
Disclosed funding
₹143.01 Cr
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2025 | Funding round | ₹56 Cr | Investors: an individual |
| Sep 2024 | Funding round | ₹80 Cr | Investors: Vikram Financial Services Ltd |
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: Vikram Capital Managaemnt Limited, Excel Tea Macinery Private Limited Seller: Panchanan Merchants Pvt Ltd , Vikram Capital Management Private Limited |
| Mar 2017 | Funding round | ₹5 Cr | Investors: Panchanan Merchants Pvt Ltd |
| Feb 2013 | Funding round | ₹2.01 Cr | Investors: Vikram Capital Management Private Limited |
To see the full deal history of Vikram India Ltd, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Vikram India Ltd has 31 court cases on record: 18 filed by Vikram India, 13 filed against it. 3 cases are pending and 28 are disposed.
Total cases
31
Filed by the company
18
Filed against the company
13
Pending
3
Disposed
28
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 14 | 8 | 3 |
| High courts | 14 | 3 | 0 |
| Supreme Court | 3 | 2 | 0 |
Cases on record (5 of 31)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (2407-Indirect Taxation : Entry tax, motor vehicle tax, purchase tax, entertainment tax, terminal tax, octroi, toll tax, professional tax, Gold Control Act, Hotel Receipts Tax Act, Water and sewage Tax, luxury tax, Cess Acts) | Filed by the company against The State of West Bengal and 2 others | Disposed |
| District court, Calcutta, West Bengal | Court case (CNS) | Filed against the company by JBFS Engineering Systems Pvt. Ltd. | Pending |
| District court, Calcutta, West Bengal | Interim or miscellaneous application | Filed by the company against M/S Captivate Marketing and Services Pvt. Ltd | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Vishnu Infracomplex Private Limited | Disposed |
| High Court, West Bengal | Civil suit | Filed against the company by Manikala Agencies Pvt Ltd. | Disposed |
To see the full case history of Vikram India 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.
Credit ratings & regulatory alerts
Vikram India Ltd was last rated by Brickwork on 09 Jul 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 09 Jul 2021 |
To see the full credit ratings and regulatory alerts of Vikram India Ltd, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Vikram India Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Vikram India Ltd has a workforce of 252 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
252
Active EPFO establishments
1
Employee growth
3.3%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 252 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Vikram India Ltd, buy the company report.
GST
Vikram India has 3 GST registrations: 1 active and 2 cancelled or inactive.
Total GSTINs
3
Active
1
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AABCV7862P1ZE | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vikram India Ltd, buy the company report.
Recent activity
Vikram India Ltd has 18 board changes on record since 1995: 4 appointments and 14 cessations. The latest: Rajkumar Tripathi was appointed as Director on 30 Sep 2025.
Appointed
Rajkumar Tripathi was appointed as Director.
Charges
A charge with Axis Bank Limited of Rs. 9.00 Cr registered on 19 Mar 2019 with Charge ID 100252800 was modified on 17 Apr 2025.
Charges
A charge with Others amounted to Rs. 10.00 Cr with Charge ID 101077348 was registered on 17 Mar 2025.
Ceased
Hari Krishna Chaudhary ceased to be Managing Director.
AGM
Vikram India Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Siddh Nath Pradhan ceased to be Additional Director.
Appointed
Ulpi Gupta was appointed as Director.
Charges
A charge registered on 30 Sep 2019 via Charge ID 100295148 with Canara Bank was fully satisfied on 25 Apr 2024.
Filing
Vikram India Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.
Ceased
Ulpi Gupta ceased to be Director.
Appointed
Siddh Nath Pradhan was appointed as Director.
Charges
A charge with Tata Capital Financial Services Limited of Rs. 1.70 Cr registered on 27 Oct 2021 with Charge ID 100509461 was modified on 02 Mar 2023.
38 earlier events are in the company report.
Frequently asked questions
Vikram India is an active public limited company based in Kolkata, West Bengal, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 01 January 1980 (46+ years old) and is registered under CIN U29253WB1980PLC032447.
Vikram India has 3 current directors:
- Ulpi Gupta - Director
- Anil Chaudhary - Director
- Rajkumar Tripathi - Director
The latest financial statements of Vikram India 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 Vikram India is 19AABCV7862P1ZE, registered in West Bengal. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Vikram India is U29253WB1980PLC032447. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vikram India has 31 court cases on record: 18 filed by the company and 13 filed against it. 3 are pending. Most are in the district courts.
Vikram India was incorporated on 01 January 1980, making it 46+ years old. It is registered with the Registrar of Companies, Kolkata.
Vikram India has 8 deals on record (4 funding rounds, 4 secondary share transfers), with disclosed funding of ₹143.01 Cr; the latest was in August 2025.
Rajkumar Tripathi was appointed as Director on 30 Sep 2025. Hari Krishna Chaudhary ceased to be Managing Director on 04 Nov 2024. Siddh Nath Pradhan ceased to be Additional Director on 29 Sep 2024. Vikram India has 18 board changes on record in total.
Yes, Vikram India is registered as a medium enterprise under Udyam registration (number: UDYAM-WB-10-0002959).
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