Vimal Alloys Private Limited

Manufacturer of alloy steel products for various industries since 1980 in Punjab.

1980 | Fatehgarh Sahib, Punjab (India) | Active
Last Updated: October 23, 2024

Vimal Alloys Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 44 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 26.25 Cr
  • Satisfied Charges ₹ 24.39 Cr
  • Revenue Growth 12.53%
  • Profit Growth 129.92%
  • Ebitda 35.09%
  • Net Worth 22.11%
  • Total Assets 44.90%

About Vimal Alloys

Vimal Alloys Private Limited (VAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 October 1980 and has a history of 44 years and three months. Its registered office is in Fatehgarh Sahib, Punjab, India.

The Corporate was formerly known as Vimal Alloys Limited. The Company is engaged in the Metals And Minerals Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 1.00 Cr.

The company currently has active open charges totaling ₹26.25 Cr. The company has closed loans amounting to ₹24.39 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vimal Bansal and Varun Bansal serve as directors at the Company.

Company Details

  • Location

    Fatehgarh Sahib, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27106PB1980PTC004303

  • Company No.

    004303

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Oct 1980

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Metals and Minerals

What products or services does Vimal Alloys Private Limited offer?

Vimal Alloys Private Limited offers a wide range of products and services, including Forgings, Forging Parts & Supplies, Forged Components, Gearbox, Axle, Sprocket & Gear Parts, Industrial Shafts, Steel & Stainless Steel Products, Stainless Steel Alloys, Steel Products, Die Casting & Investment Castings, Metal Castings.

Who are the key members and board of directors at Vimal Alloys?

Board Members (2)

Name Designation Appointment Date Status
Varun Bansal Country flag representing In Director 01-May-2006 Current
Vimal Bansal Country flag representing In Director 27-Oct-1980 Current

Financial Performance of Vimal Alloys.

Vimal Alloys Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 12.53% increase. The company also saw a substantial improvement in profitability, with a 129.92% increase in profit. The company's net worth Soared by an impressive increase of 22.11%.

Graph illustrating revenue growth over time
Graph showing 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
12.53%
Revenue from Operations
12.76%
Total Assets
44.90%
Profit or Loss
129.92%
Net Worth
22.11%
EBITDA
35.09%

What is the Ownership and Shareholding Structure of Vimal Alloys?

In 2023, Vimal Alloys had a promoter holding of 36.87% and a public holding of 63.13%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹26.25 Cr

Satisfied Charges

₹24.39 Cr

Charges Breakdown by Lending Institutions

  • Others : 26.00 Cr
  • Hdfc Bank Limited : 0.25 Cr

Latest Charge Details

Date Lender Amount Status
30 Aug 2023 Hdfc Bank Limited ₹2.50 M Open
22 Sep 2022 Others ₹9.00 Cr Open
23 Dec 2021 Others ₹17.00 Cr Open
05 Jul 2011 Yes Bank Limited ₹11.04 Cr Satisfied
23 Sep 2009 Union Bank Of India ₹8.00 Cr Satisfied

How Many Employees Work at Vimal Alloys?

Vimal Alloys has a workforce of 138 employees as of Mar 31, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Vimal Alloys, 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 Vimal Alloys'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 Vimal Alloys

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 17.00 Cr registered on 23 Dec 2021 with Charge ID 100521478 was modified on 01 Mar 2024.

    01 Mar 2024

  • Annual General Meeting

    Vimal Alloys Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.25 Cr with Charge ID 100802341 was registered on 30 Aug 2023.

    30 Aug 2023

  • Balance Sheet

    Vimal Alloys Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 9.00 Cr with Charge ID 100612943 was registered on 22 Sep 2022.

    22 Sep 2022

  • Charges

    A charge registered on 05 Jul 2011 via Charge ID 10297452 with Yes Bank Limited was fully satisfied on 29 Dec 2021.

    29 Dec 2021

Frequently asked questions

  • Vimal Alloys Private Limited was incorporated on 27 Oct 1980.

  • The authorized share capital of Vimal Alloys Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Currently 2 directors are associated with Vimal Alloys Private Limited.

    • Vimal Vinod Bansal
    • Varun Bansal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vimal Alloys Private Limited is Vill Sounti P.O.Amloh, Amloh Road India, Mandi Gobindgarh, Punjab, 147301.

  • The corporate identification number (CIN) of Vimal Alloys Private Limited is U27106PB1980PTC004303 and the company number is 004303 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Vimal Alloys Private Limited is https://www.vimalalloys.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Vimal Alloys Private Limited has risen by 12.53%.

  • As Per 2023 financial reports, 138 employees are currently employed by Vimal Alloys Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Vimal Alloys Private Limited has experienced an upsurge of 22.11%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Vimal Alloys Private Limited amount to ₹ 26.25 Cr.

  • The most recent Balance Sheet for Vimal Alloys Private Limited was filed with the ROC on 31 Mar 2023.

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