Vikram Knittex Private Limited
About Vikram Knittex Private Limited
Data last updated:
Vikram Knittex Private Limited was a private limited company based in Surat, Gujarat, 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 textile and fabric production segment of the manufacturing sector. It was incorporated on 06 July 1994.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17110GJ1994PTC022422. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹4.5 Cr and a paid-up capital of ₹4 Cr. It was led by directors Ganeshkumar Kishanlal Changoiwala and Rameshbhai Pareek.
Its last annual general meeting (AGM) was held on 30 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at Plot No 121 GIDC Pandesara, Surat, Gujarat, India – 394221.
As per the financials filed for FY 2018, the company reported a revenue of ₹1.43 Cr, a decline of 93% compared to the previous year. For the same year it recorded a net loss of ₹49.07 Lakh (net margin -34.3%) and EBITDA of -₹20.41 Lakh (EBITDA margin -14.3%). Revenue has declined at a compounded annual rate (CAGR) of 67% over three years.
The company had about 1 employee on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had satisfied charges of ₹11.5 Cr on record. Court records list 12 cases involving the company, including 8 filed by the company and 4 filed against it.
Company details
Contact details
Vikram Knittex Private Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No 121 GIDC Pandesara, Surat, Gujarat, India – 394221
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Vikram Knittex Private Limited, 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 Vikram Knittex is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Vikram Knittex Private Limited, buy the company report.
Financials of Vikram Knittex Private Limited
FY 2018 filings availableVikram Knittex Private Limited reported revenue of ₹1.43 Cr (down 93% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 67% over three years, including a 93% fall in the latest year. EBITDA fell 117% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | -₹20.41 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹49.07 Lakh | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -14.3% | |||
| Net Profit Margin | -34.3% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
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To see the full financial statements and ratios of Vikram Knittex Private Limited, buy the company report.
Board of directors of Vikram Knittex Private Limited
Vikram Knittex has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ganeshkumar Kishanlal Changoiwala Also directs: Pratibha Fabrics Limited | Director | 23 Dec 2015 | 10 Years 10 Months | As last reported |
| Rameshbhai Pareek | Director | 31 Dec 2018 | 7 Years 9 Months | As last reported |
Auditor
Vikram Knittex Private Limited is audited by D S I & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D S I & CO | FY 2017 | 127226W |
Shareholding
The shareholding of Vikram Knittex Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Vikram Knittex Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Mar 2004 | 80067734 | Overseas Branch | ₹11.5 Cr | Satisfied |
To see the full charge records of Vikram Knittex Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Vikram Knittex Private Limited has 12 court cases on record: 8 filed by Vikram Knittex, 4 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 1 | 0 |
| Supreme Court | 3 | 1 | 0 |
| District courts | 2 | 2 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Criminal complaint | Filed against the company by Government of Gujarat | Disposed |
| District court, SURAT, Gujarat | Criminal complaint | Filed against the company by Government of Gujarat | Disposed |
| Supreme Court | Court case | Filed against the company by The Assistant Commissioner of Income Tax | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against The Assistant Commissioner of Income Tax | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against Union of India and 4 others | Disposed |
To see the full case history of Vikram Knittex Private 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
No delayed payments to MSME suppliers are on our record for Vikram Knittex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Vikram Knittex Private Limited has a workforce of 1 employees on its EPFO records as of Mar 25, 2024, across 1 active EPFO establishment.
GST
Vikram Knittex has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Vikram Knittex Private Limited, buy the company report.
Recent activity
Vikram Knittex Private Limited has 6 board changes on record since 2009: 2 appointments and 4 cessations. The latest: Mahesh Kumar Omprakash Agarwal ceased to be Director on 31 Dec 2018.
Frequently asked questions
Vikram Knittex 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.
Vikram Knittex was a private limited company based in Surat, Gujarat, India. The company worked in textile and fabric production, within the manufacturing industry. It was incorporated on 06 July 1994 and is registered under CIN U17110GJ1994PTC022422. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Vikram Knittex was incorporated on 06 July 1994. It is registered with the Registrar of Companies, Ahmedabad.
Vikram Knittex had 2 directors:
- Ganeshkumar Kishanlal Changoiwala - Director
- Rameshbhai Pareek - Director
The CIN (Corporate Identification Number) of Vikram Knittex is U17110GJ1994PTC022422. 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 Vikram Knittex is at Plot No 121 GIDC Pandesara, Surat, Gujarat, India – 394221.
The latest financial statements of Vikram Knittex on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 30 September 2018. Year-wise statements from 2015 are in the company report.
No. Vikram Knittex has 1 GST registration on record and it is cancelled or inactive.
Vikram Knittex operated in the manufacturing industry, in the textile and fabric production segment.
Vikram Knittex has 12 court cases on record: 8 filed by the company and 4 filed against it. Most are in the high courts.