V I P Industries Limited

This company manufactures and sells a variety of bags and molded furniture through retail outlets worldwide.

1968 | Mumbai, Maharashtra (India) | Active
Last Updated:

V I P Industries Profile

Key Indicators

  • Authorised Capital ₹ 49.40 Cr
  • Paid Up Capital ₹ 28.40 Cr
  • Company Age 57 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 506.59 Cr
  • Satisfied Charges ₹ 641.74 Cr
  • Revenue Growth 61.12%
  • Profit Growth 152.52%
  • Ebitda 51.69%
  • Net Worth 20.15%
  • Total Assets 20.73%

About V I P Industries

V I P Industries Limited (VIPIL) was founded in India on 27 January 1968 and has a glorious history of 57 years and two months. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 507880 and on the National Stock Exchange(NSE) under VIPIND.

The Corporate was formerly known as Aristo Plast P Ltd. The Company is engaged in the Home & Lifestyle 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 49.40 Cr and a paid-up capital of Rs 28.40 Cr.

The company currently has active open charges totaling ₹506.59 Cr. The company has closed loans amounting to ₹641.74 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at V I P Industries Limited India are Ashitosh Sheth as COMPANY SECRETARY and Manish Desai as Cfo. Suresh Surana, Radhika Piramal, Payal Kothari, and Six other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L25200MH1968PLC013914

  • Company No.

    013914

  • Stock Symbol

    BSE : 507880 NSE : VIPIND

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    27 Jan 1968

  • Date of AGM

    06 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Home & Lifestyle

What products or services does V I P Industries Limited offer?

V I P Industries Limited offers a wide range of products and services, including Trolley Bag, Luggage Trolley Bag, Samsonite Trolley Bag, Laptop Bag, Laptop Backpack, Luggage Bags, Vip Luggage Bags, Backpacks, VIP Bags Backpacks, Briefcases.

Who are the key members and board of directors at V I P Industries?

Executive Team (3)

NameDesignationAppointment DateStatus
Neetu Kashiramka Country flag representing In Managing Director08-May-2023Current
Ashitosh Sheth Company Secretary13-Aug-2024Current
Manish Desai CFO22-Feb-2024Current

Board Members (8)

NameDesignationAppointment DateStatus
Radhika Piramal Country flag representing Io Whole-Time Director 30-Jun-2009Current
Payal Kothari Country flag representing In Director 30-Aug-2024Current
Ashish Saha Country flag representing In Whole-Time Director 07-Aug-2023Current
Suresh Surana Country flag representing In Director 07-Aug-2023Current
Ramesh Damani Country flag representing In Director 07-May-2019Current
Tushar Jani Country flag representing In Director 07-May-2019Current

Financial Performance of V I P Industries.

V I P Industries Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 61.12% increase. The company also saw a substantial improvement in profitability, with a 152.52% increase in profit. The company's net worth Soared by an impressive increase of 20.15%.

V I P Industries revenue growth over time
V I P Industries 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
61.12%
Revenue from Operations
60.64%
Total Assets
20.73%
Profit or Loss
152.52%
Net Worth
20.15%
EBITDA
51.69%

What is the Ownership and Shareholding Structure of V I P Industries?

In 2023, V I P Industries had a promoter holding of 51.31% and a public holding of 48.71%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹506.59 Cr

Satisfied Charges

₹641.74 Cr

Charges Breakdown by Lending Institutions

  • Others : 270.00 Cr
  • Axis Bank Limited : 80.00 Cr
  • The Hongkong And Shanghai Banking Corporation Limited : 75.00 Cr
  • State Bank Of Patiala : 20.00 Cr
  • Uti Bank Ltd : 17.20 Cr
  • Others : 44.39 Cr

Latest Charge Details

DateLenderAmountStatus
23 Dec 2024Others₹20.00 CrOpen
25 Apr 2023Others₹50.00 CrOpen
01 Feb 2021Axis Bank Limited₹80.00 CrOpen
29 Dec 2020The Hongkong And Shanghai Banking Corporation Limited₹75.00 CrOpen
12 Oct 2020Others₹150.00 CrOpen

How Many Employees Work at V I P Industries?

V I P Industries has a workforce of 1338 employees as of Apr 04, 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 V I P Industries Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of V I P Industries, 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 V I P Industries'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 V I P Industries

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited of Rs. 80.00 Cr registered on 01 Feb 2021 with Charge ID 100417689 was modified on 17 Jan 2025.

  • Charges

    A charge with Others amounted to Rs. 20.00 Cr with Charge ID 101026980 was registered on 23 Dec 2024.

  • Director Appointment

    Payal Swapnil Kothari was appointed as a Director was appointed as a Director on 30 Aug 2024 & has been associated with this company since 6 months 28 days .

  • Director Appointment

    Ashitosh Sheth was appointed as a Company Secretary was appointed as a Company Secretary on 13 Aug 2024 & has been associated with this company since 7 months 14 days .

  • Annual General Meeting

    V I P Industries Limited last Annual general meeting of members was held on 06 Aug 2024 as per latest MCA records.

  • Balance Sheet

    V I P Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of V I P Industries Limited?

    V I P Industries Limited was incorporated on 27 Jan 1968.

  • What is authorized share capital and paid-up capital of V I P Industries Limited?

    The authorized share capital of V I P Industries Limited is ₹ 49.40 Cr and paid-up capital is ₹ 28.40 Cr.

  • Who are the current board members & directors of V I P Industries Limited?

    Currently 11 directors are associated with V I P Industries Limited.

    • Suresh Inderchand Surana
    • Radhika Dilip Piramal
    • Ashitosh Sheth
    • Payal Swapnil Kothari
    • Ashish Kumar Chitta Ranjan Saha
    • Neetu Kashiramka
    • Ramesh Shrichand Damani
    • Tushar Kumudrai Jani
    • Dilip Piramal Gopikisan
    • Amit Jatia
    • Manish Khodidas Desai

  • What is the registered address of V I P Industries Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of V I P Industries Limited is 5Th Floor Dgp House 88 C, Old Prabhadevi Road India, Mumbai, Maharashtra, 400025.

  • What is the corporate identification number (CIN) and company number of V I P Industries Limited?

    The corporate identification number (CIN) of V I P Industries Limited is L25200MH1968PLC013914 and the company number is 013914 as per Ministry of Corporate Affairs (MCA).

  • Is V I P Industries Limited registered with any stock exchange in India?

    Yes, V I P Industries Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): VIPIND.

  • What is the official website of V I P Industries Limited?

    The Official website of V I P Industries Limited is https://www.vipindustries.co.in

  • What has been the recent revenue trend for V I P Industries Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for V I P Industries Limited has risen by 61.12%.

  • How many employees does V I P Industries Limited currently have?

    As Per 2023 financial reports, 1338 employees are currently employed by V I P Industries Limited.

  • What change has been observed in the net worth of V I P Industries Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of V I P Industries Limited has experienced an upsurge of 20.15%.

  • What are the total open charges for V I P Industries Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for V I P Industries Limited amount to ₹ 506.59 Cr.

  • When was the last Balance Sheet of V I P Industries Limited filed with the ROC?

    The most recent Balance Sheet for V I P Industries Limited was filed with the ROC on 31 Mar 2024.

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