About Vriks Telecom Private Limited
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Vriks Telecom Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the agricultural products distribution segment of the agriculture sector. It was incorporated on 17 July 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74999GJ2018PTC103297. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors Khanjan Shailesh Desai and Dharmesh Shashikantbhai Sheth.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2023, the company reported a revenue of ₹1,140.61 Cr, a growth of 116% compared to the previous year. For the same year it recorded a net profit of ₹75.01 Lakh (net margin 0.1%) and EBITDA of ₹3.16 Cr (EBITDA margin 0.3%). Revenue has grown at a compounded annual rate (CAGR) of 144% over three years.
The company is associated with 1 brand: VRIKS Telecom. As per MCA filings, the company has open charges of ₹10 Cr and satisfied charges of ₹1.7 Cr on record. Court records list 24 cases involving the company, including 7 filed by the company and 17 filed against it; 13 cases are pending. The company has 4 deals on record (3 secondary share transfers, 1 rights issue); the latest was in March 2023.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vrikstelecom.net.
Company details
Contact details
Vriks Telecom Private Limited's registered office is in Ahmedabad, Gujarat. Its website is vrikstelecom.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressC – 921 Venus Stratum Behind Gstrc Nehrunagar Bus Station Sat, Ellite, Ahmedabad, Gujarat, India – 380015
- IndustryAgriculture, Agro Retail & Distribution
To see the full contact details of Vriks Telecom 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
Brands
Vriks Telecom operates one associated brand: VRIKS Telecom. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| VRIKS Telecom delivers web, database, cloud, and DevOps development services in India. | neuronexus.tech |
Business activity
The main business activity of Vriks Telecom is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Vriks Telecom Private Limited, buy the company report.
Financials of Vriks Telecom Private Limited
FY 2023 filings availableVriks Telecom Private Limited reported revenue of ₹1,140.61 Cr (up 116% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 144% over three years, including 116% growth in the latest year. EBITDA rose 50% 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 | ₹1,140.61 Cr | ||||
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| EBITDA | ₹3.16 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹75.01 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.3% | ||||
| Net Profit Margin | 0.1% | ||||
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To see the full financial statements and ratios of Vriks Telecom Private Limited, buy the company report.
Board of directors of Vriks Telecom Private Limited
Vriks Telecom 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 |
|---|---|---|---|---|
| Khanjan Shailesh Desai Also directs: Alphabet Communication LLP, Vrlks Telecom Private Limited, Vriks IT Solutions Private Limited and 1 more | Director | 17 Jul 2018 | 8 Years 3 Months | Current |
| Dharmesh Shashikantbhai Sheth | Director | 08 May 2023 | 3 Years 5 Months | Current |
Auditor
Vriks Telecom Private Limited is audited by D M A A AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D M A A AND ASSOCIATES | FY 2023 | 159516W |
Shareholding
The shareholding of Vriks Telecom Private 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 Vriks Telecom Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Mar 2021 | 100447458 | Others | ₹10 Cr | Open | |
| 26 Aug 2022 | 100606610 | Hdfc Bank Limited | ₹1.7 Cr | Satisfied |
To see the full charge records of Vriks Telecom Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Vriks Telecom Private Limited has 4 deals on record (3 secondary share transfers, 1 rights issue); the latest was in March 2023.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Feb 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| May 2021 | Rights issue | ₹99 Lakh | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Vriks Telecom Private Limited has 24 court cases on record: 7 filed by Vriks Telecom, 17 filed against it. 13 cases are pending and 11 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 22 | 15 | 13 |
| High courts | 2 | 2 | 0 |
Cases on record (5 of 24)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Idfc First Bank Ltd | Pending |
| District court, Jaipur Metro I, Rajasthan | Criminal case | Filed against the company by Yes Bank Ltd. | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Ugro Capital Limited | Pending |
| District court, Jaipur Metro II, Rajasthan | Criminal case | Filed against the company by Indusind Bank Ltd. | Pending |
| District court, Jaipur Metro II, Rajasthan | Court case (Complaint) | Filed against the company by SMFG India Credit Company Ltd | Pending |
To see the full case history of Vriks Telecom 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 Vriks Telecom Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vriks Telecom 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 Vriks Telecom Private Limited, buy the company report.
Recent activity
Vriks Telecom Private Limited has 6 board changes on record since 2018: 2 appointments and 4 cessations. The latest: Dharmesh Shashikantbhai Sheth ceased to be Additional Director on 29 Sep 2023.
1 earlier event is in the company report.
Frequently asked questions
Vriks Telecom is an active private limited company based in Ahmedabad, Gujarat, India. The company works in agro retail and distribution, within the agriculture industry. It was incorporated on 17 July 2018 (8+ years old) and is registered under CIN U74999GJ2018PTC103297.
Vriks Telecom has 2 current directors:
- Khanjan Shailesh Desai - Director
- Dharmesh Shashikantbhai Sheth - Director
The latest financial statements of Vriks Telecom on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2019 are in the company report.
No. Vriks Telecom has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Vriks Telecom is U74999GJ2018PTC103297. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vriks Telecom has 24 court cases on record: 7 filed by the company and 17 filed against it. 13 are pending. Most are in the district courts.
Vriks Telecom was incorporated on 17 July 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Vriks Telecom has 4 deals on record (3 secondary share transfers, 1 rights issue); the latest was in March 2023.
Dharmesh Shashikantbhai Sheth ceased to be Additional Director on 29 Sep 2023. Jalpa Shaileshbhai Desai ceased to be Director on 11 May 2023. Dharmesh Shashikantbhai Sheth was appointed as Director on 08 May 2023. Vriks Telecom has 6 board changes on record in total.
Vriks Telecom can be reached through the website vrikstelecom.net. Its registered office is in Ahmedabad, Gujarat, India.