About VKS Projects Limited
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VKS Projects Limited is a public limited company based in Maharashtra, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the engineering sector. It was incorporated on 17 February 1998.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L74210MH1998PLC113596. The company has 4 GST registrations on record, none of which is active. It is recorded as listed by MCA, but its shares were delisted from NSE on 11 Sep 2018 · compulsory delisting and from BSE on 28 Sep 2018 · compulsory delisting, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹65 Cr and a paid-up capital of ₹63 Cr. It was formerly known as Vks Projects Private Limited. It is led by directors including Sukumaran Valiyaveedu Krishnankutty (Managing Director) and Ronindra Nath Ghose.
Its last annual general meeting (AGM) was held on 30 September 2014, and its latest financial statements are for the year ended 31 March 2014. The registered office is at 507 Sai Sangamsector 15 CBD Belapur Navi Mumbai, Maharashtra, India.
The company is associated with 1 brand: VKS Projects. As per MCA filings, the company has open charges of ₹42 Cr and satisfied charges of ₹17.2 Cr on record. Court records list 70 cases involving the company, including 9 filed by the company and 61 filed against it; 9 cases are pending. The company has 19 deals on record (18 market trades, 1 ipo); the latest was in July 2015.
The last known website on record is vksprojects.com.
Company details
CIN history
VKS Projects has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L74210MH1998PLC113596, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L74210MH1998PLC113596 | Current |
| U74210MH1998PTC113596 | Previous |
| U74210MH1998PLC113596 | Previous |
Contact details
VKS Projects Limited's registered office is in Maharashtra.
- Registered Address507 Sai Sangamsector 15 CBD Belapur Navi Mumbai, Maharashtra, India
- IndustryEngineering, Engineering, Procurement & Construction (EPC)
- 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
Brands
VKS Projects operates one associated brand: VKS Projects. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of heavy equipment | vksprojects.com |
Financials of VKS Projects Limited
FY 2014 filings availableFinancial Statement Summary
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To see the full financial statements and ratios of VKS Projects Limited, buy the company report.
Board of directors of VKS Projects Limited
VKS Projects has 3 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sukumaran Valiyaveedu Krishnankutty Also directs: VKS Social Foundation | Managing Director | 17 Feb 1998 | 28 Years 8 Months | As last reported |
| Ronindra Nath Ghose | Director | 11 Feb 2013 | 13 Years 8 Months | As last reported |
| Kozhukkully Mani Suresh Babu | Director | 28 Mar 2018 | 8 Years 6 Months | As last reported |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Apr 2010 | 10288228 | State Bank of India | ₹42 Cr | Open | |
| 16 Mar 2011 | 10285190 | S. E. Investments Limited | ₹68.7 Lakh | Satisfied | |
| 10 Sep 2009 | 10183021 | Axis Bank Limited | ₹5 Cr | Satisfied | |
| 01 Jul 2009 | 10168619 | Axis Bank | ₹5 Cr | Satisfied | |
| 10 Jan 2007 | 10102765 | Centurion Bank of Punjab Ltd. | ₹2.34 Cr | Satisfied |
To see the full charge records of VKS Projects Limited, buy the company report.
Total charge records: 13 View all charges
Deals & funding
VKS Projects Limited has 19 deals on record (18 market trades, 1 ipo); the latest was in July 2015.
Deals on record (5 of 19)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2015 | Market trade | ₹3.5 Lakh | Seller: Blooming Star Engineering Contractor Private Limited |
| Oct 2014 | Market trade | ₹13.3 Lakh | Buyer: Green Venture Securities Management Private Limited |
| Oct 2014 | Market trade | ₹54.2 Lakh | Buyer: Green Venture Securities Management Private Limited Seller: Vibrant Securities Private Limited |
| Oct 2014 | Market trade | ₹20.6 Lakh | Buyer: Green Venture Securities Management Private Limited |
| Oct 2014 | Market trade | ₹25.2 Lakh | Buyer: Green Venture Securities Management Private Limited , Vibrant Securities Private Limited Seller: Vibrant Securities Private Limited |
To see the full deal history of VKS Projects Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
VKS Projects Limited has 70 court cases on record: 9 filed by VKS Projects, 61 filed against it. 9 cases are pending and 61 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 60 | 55 | 9 |
| High courts | 10 | 6 | 0 |
Cases on record (5 of 70)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Civil suit | Filed by the company against Southern Ispat and Energy Ltd and 1 | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial matter | Filed by the company against M/S. Southern Ispat and Energy Ltd. and Anr and 1 other | Disposed |
| District court, Valsad, Gujarat | Criminal complaint | Filed against the company by Anaven LLP Through Mr. Dharmesh N. Thakkar | Disposed |
| Bombay High Court | Court case (COMSS) | Filed by the company against M/S. Southern Ispat and Energy Ltd. and Anr | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by M/S. Nemani Steels Pvt Ltd Th. Mr. Anil Madhoprasad Kandoi | Disposed |
To see the full case history of VKS Projects 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 VKS Projects Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
VKS Projects has 4 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of VKS Projects Limited, buy the company report.
Recent activity
VKS Projects Limited has 25 board changes on record since 1998: 14 appointments and 11 cessations. The latest: Sandhya Manohar Beedkar ceased to be Additional Director on 29 Mar 2018.
46 earlier events are in the company report.
Frequently asked questions
VKS Projects is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
VKS Projects is a company under liquidation, formerly operating as a public limited company based in Maharashtra, India. The company works in the engineering industry. It was incorporated on 17 February 1998 and is registered under CIN L74210MH1998PLC113596. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
VKS Projects has 3 current directors:
- Sukumaran Valiyaveedu Krishnankutty - Managing Director
- Ronindra Nath Ghose - Director
- Kozhukkully Mani Suresh Babu - Director
The latest financial statements of VKS Projects on record with the MCA are for the year ended 31 March 2014. Its last annual general meeting was held on 30 September 2014. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of VKS Projects is L74210MH1998PLC113596. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
VKS Projects is recorded as a listed company by MCA, but its shares were delisted from NSE on 11 Sep 2018 · compulsory delisting and from BSE on 28 Sep 2018 · compulsory delisting, and no longer trade on a stock exchange.
VKS Projects has open charges of ₹42 Cr and satisfied charges of ₹17.2 Cr as per latest MCA filings.
VKS Projects has 70 court cases on record: 9 filed by the company and 61 filed against it. 9 are pending. Most are in the district courts.
VKS Projects was incorporated on 17 February 1998. It is registered with the Registrar of Companies, Mumbai.
VKS Projects has 19 deals on record (18 market trades, 1 ipo); the latest was in July 2015.