Simpolo Vitrified Profile
Key Indicators
- Authorised Capital ₹ 15.00 Cr
as on 11-12-2024
- Paid Up Capital ₹ 12.23 Cr
as on 11-12-2024
- Company Age 17 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 264.43 Cr
as on 11-12-2024
- Satisfied Charges ₹ 743.00 Cr
as on 11-12-2024
- Revenue 23.56%
(FY 2023)
- Profit -66.54%
(FY 2023)
- Ebitda 13.38%
(FY 2023)
- Net Worth 9.88%
(FY 2023)
- Total Assets 34.81%
(FY 2023)
About Simpolo Vitrified
The Corporate was formerly known as Simpolo Vitrified Limited. The Company is engaged in the Manufacturing 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 15.00 Cr and a paid-up capital of Rs 12.23 Cr.
The company currently has active open charges totaling ₹264.43 Cr. The company has closed loans amounting to ₹743.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Simpolo Vitrified Private Limited India is Kamil Lakhani as COMPANY SECRETARY. Jitendrabhai Aghara, Dhirajlal Aghara, Bharatbhai Aghara, and Two other members serve as directors at the Company.
- CIN/LLPIN
U26914GJ2007PTC051766
- Company No.
051766
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
18 Sep 2007
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Company Details
- Location
Rajkot, Gujarat, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Simpolo Vitrified Private Limited offer?
Simpolo Vitrified Private Limited offers a wide range of products and services, including Granite, Marble, Sandstone & Others, Metamorphic Stone, Vitrified,Ceramic Floor & Wall Tiles, Outdoor Tiles, Staircase, Balusters and Stair Parts, Stair Parts, Marbles, Vitrified Tiles, Marble Stone, Colored Marble.
Who are the key members and board of directors at Simpolo Vitrified?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Jitendrabhai Aghara  | Managing Director | 18-Sep-2007 | Current |
| Kamil Lakhani | Company Secretary | Current |
Board Members(4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Dhirajlal Aghara | Whole-Time Director | 18-Sep-2007 | Current |
| Bharatbhai Aghara | Director | 01-Jan-2011 | Current |
| Prakash Bagla | Director | 29-Aug-2022 | Current |
| Dileshkumar Patel | Director | 01-Jan-2011 | Current |
Financial Performance and Corporate Structure Insights of Simpolo Vitrified.
Simpolo Vitrified Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 23.56% increase. The company also saw a substantial fall in profitability, with a 66.54% decrease in profit. The company's net worth moved up by a moderate rise of 9.88%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Simpolo Vitrified?
In 2023, Simpolo Vitrified had a promoter holding of 76.99% and a public holding of 23.01%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Magicrete Building Solutions Private LimitedActive 16 years 7 monthsPrakash Bagla is a mutual person
Simpolo International Private LimitedActive 1 year 7 monthsJitendrabhai Aghara, Dhirajlal Aghara and 2 more are mutual person
- Simpolo FoundationActive 7 years 8 months
Jitendrabhai Aghara, Dhirajlal Aghara and 1 more are mutual person
Nexion International Private LimitedActive 9 years 11 monthsJitendrabhai Aghara, Bharatbhai Aghara and 1 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Sbicap Trustee Company Limited Creation Date: 22 Feb 2019 | ₹264.43 Cr | Open |
State Bank Of India Creation Date: 03 Sep 2024 | ₹90.00 Cr | Satisfied |
State Bank Of India Creation Date: 01 Sep 2023 | ₹90.00 Cr | Satisfied |
How Many Employees Work at Simpolo Vitrified?
Simpolo Vitrified has a workforce of 399 employees as of Apr 08, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Simpolo Vitrified, 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 Simpolo Vitrified's trajectory.
Rating
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
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.
