First Vac Met Corporation Private Limited

Manufactures and supplies specialty films and materials for packaging industry.

1961 | Surat, Gujarat (India) | Active
Last Updated:

First Vac Met Corporation Profile

Key Indicators

  • Authorised Capital ₹ 2.25 M
  • Paid Up Capital ₹ 2.25 M
  • Company Age 63 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.00 M
  • Satisfied Charges ₹ 7.26 M
  • Revenue Growth 18.14%
  • Profit Growth 687.62%
  • Ebitda 336.61%
  • Net Worth 6.39%
  • Total Assets -0.81%

About First Vac Met Corporation

First Vac Met Corporation Private Limited (FVMCPL) was founded in India on 22 June 1961 and has a glorious history of 63 years and ten months.Its registered office is in Surat, Gujarat, India.

The Company is engaged in the Packaging Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 2.25 M and a paid-up capital of Rs 2.25 M.

The company currently has active open charges totaling ₹3.00 M. The company has closed loans amounting to ₹7.26 M, as per Ministry of Corporate Affairs (MCA) records.

Jagdish Marfatia, Rajiv Jariwala, Divyakant Jariwala, and One other member serve as directors at the Company.

Company Details

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U36939GJ1961PTC001065

  • Company No.

    001065

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Jun 1961

  • Date of AGM

    26 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Packaging

What products or services does First Vac Met Corporation Private Limited offer?

First Vac Met Corporation Private Limited offers a wide range of products and services, including Barcode, Stickers & Luggage Tags, Stickers.

Company report

First Vac Met Corporation Private Limited

Explore comprehensive data for First Vac Met Corporation Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at First Vac Met Corporation?

Executive Team (1)

NameDesignationAppointment DateStatus
Rajiv Jariwala Country flag representing In Managing Director21-Sep-1987Current

Board Members (3)

NameDesignationAppointment DateStatus
Jagdish Marfatia Country flag representing In Director 28-Sep-1999Current
Divyakant Jariwala Country flag representing In Director 28-Sep-1999Current
Shantilal Jariwala Country flag representing In Director 28-Mar-1974Current

Financial Performance of First Vac Met Corporation.

First Vac Met Corporation Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 18.14% increase. The company also saw a substantial improvement in profitability, with a 687.62% increase in profit. The company's net worth moved up by a moderate rise of 6.39%.

First Vac Met Corporation revenue growth over time
First Vac Met Corporation profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
18.14%
Revenue from Operations
18.16%
Total Assets
-0.81%
Profit or Loss
687.62%
Net Worth
6.39%
EBITDA
336.61%

What is the Ownership and Shareholding Structure of First Vac Met Corporation?

In 2023, First Vac Met Corporation had a promoter holding of 73.80% and a public holding of 26.20%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹3.00 M

Satisfied Charges

₹7.26 M

Charges Breakdown by Lending Institutions

  • The Surat People'S Co-Op Bank Limited : 0.30 Cr

Latest Charge Details

DateLenderAmountStatus
16 Mar 2007The Surat People's Co-Op Bank Limited₹3.00 MOpen
11 Oct 2017Others₹3.00 MSatisfied
27 Nov 2001The Central Bank Of India Limited₹1.00 MSatisfied
01 Aug 1992Central Bank Of India₹1.83 MSatisfied
11 May 1987The Central Bank Of India Limited₹0.41 MSatisfied

How Many Employees Work at First Vac Met Corporation?

First Vac Met Corporation has a workforce of 9 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for First Vac Met Corporation Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of First Vac Met Corporation, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped First Vac Met Corporation's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on First Vac Met Corporation

Recent activity within the organization

  • Annual General Meeting

    First Vac Met Corporation Private Limited last Annual general meeting of members was held on 26 Jul 2024 as per latest MCA records.

  • Balance Sheet

    First Vac Met Corporation Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge registered on 11 Oct 2017 via Charge ID 100132638 with Others was fully satisfied on 14 Feb 2023.

  • Charges

    A charge with Others of Rs. 3.00 M registered on 11 Oct 2017 with Charge ID 100132638 was modified on 10 Jul 2019.

  • Charges

    A charge with Others amounted to Rs. 3.00 M with Charge ID 100132638 was registered on 11 Oct 2017.

  • Charges

    A charge with The Surat People'S Co-Op Bank Limited of Rs. 3.00 M registered on 16 Mar 2007 with Charge ID 10044882 was modified on 05 Oct 2015.

Frequently asked questions

  • What is the Incorporation or founding date of First Vac Met Corporation Private Limited?

    First Vac Met Corporation Private Limited was incorporated on 22 Jun 1961.

  • What is authorized share capital and paid-up capital of First Vac Met Corporation Private Limited?

    The authorized share capital of First Vac Met Corporation Private Limited is ₹ 2.25 M and paid-up capital is ₹ 2.25 M.

  • Who are the current board members & directors of First Vac Met Corporation Private Limited?

    Currently 4 directors are associated with First Vac Met Corporation Private Limited.

    • Jagdish Chandulal Marfatia
    • Rajiv Jitendra Jariwala
    • Divyakant Jitendralal Jariwala
    • Shantilal Morarbhai Jariwala
  • What is the registered address of First Vac Met Corporation Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of First Vac Met Corporation Private Limited is Udhna Udyog Nagar Udhnacentral Road No 3 Udha India, Distt Surat, Gujarat, 394210.

  • What is the corporate identification number (CIN) and company number of First Vac Met Corporation Private Limited?

    The corporate identification number (CIN) of First Vac Met Corporation Private Limited is U36939GJ1961PTC001065 and the company number is 001065 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of First Vac Met Corporation Private Limited?

    The Official website of First Vac Met Corporation Private Limited is https://www.firstvacmet.com

  • What has been the recent revenue trend for First Vac Met Corporation Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for First Vac Met Corporation Private Limited has risen by 18.14%.

  • How many employees does First Vac Met Corporation Private Limited currently have?

    As Per 2023 financial reports, 9 employees are currently employed by First Vac Met Corporation Private Limited.

  • What change has been observed in the net worth of First Vac Met Corporation Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of First Vac Met Corporation Private Limited has experienced an upsurge of 6.39%.

  • What are the total open charges for First Vac Met Corporation Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for First Vac Met Corporation Private Limited amount to ₹ 3.00 M.

  • When was the last Balance Sheet of First Vac Met Corporation Private Limited filed with the ROC?

    The most recent Balance Sheet for First Vac Met Corporation Private Limited was filed with the ROC on 31 Mar 2024.

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