Vimal Barrels Private Limited

Manufactures various types of high-quality barrels for industries, using premium materials and advanced technology.

1998 | Khatraj, Gujarat (India) | Active
Last Updated: July 18, 2024

Vimal Barrels Profile

Key Indicators

  • Authorised Capital ₹ 7.50 M
  • Paid Up Capital ₹ 7.00 M
  • Company Age 26 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 11.74 Cr
  • Satisfied Charges ₹ 3.32 Cr
  • Revenue Growth -17.14%
  • Profit Growth -87.71%
  • Ebitda 16.93%
  • Net Worth 6.55%
  • Total Assets -3.07%

About Vimal Barrels

Vimal Barrels Private Limited (VBPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 23 September 1998 and has a history of 26 years and five months. Its registered office is in Khatraj, Gujarat, India.

The Company is engaged in the Machinery And Equipment 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 7.50 M and a paid-up capital of Rs 7.00 M.

The company currently has active open charges totaling ₹11.74 Cr. The company has closed loans amounting to ₹3.32 Cr, as per Ministry of Corporate Affairs (MCA) records.

Saiyam Sheth and Nandaben Sheth serve as directors at the Company.

Company Details

  • Location

    Khatraj, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    vimalbarrels.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U20203GJ1998PTC034704

  • Company No.

    034704

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Sep 1998

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

What products or services does Vimal Barrels Private Limited offer?

Vimal Barrels Private Limited offers a wide range of products and services, including Storage Tanks, Drums & Containers, Barrels, Drums, Plastic Drums, Metal Drums.

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

Board Members (2)

NameDesignationAppointment DateStatus
Nandaben Sheth Country flag representing In Director 29-Jul-2002Current
Saiyam Sheth Country flag representing In Director 23-Sep-1998Current

Financial Performance of Vimal Barrels.

Vimal Barrels Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 17.14% decrease. The company also saw a substantial fall in profitability, with a 87.71% decrease in profit. The company's net worth moved up by a moderate rise of 6.55%.

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
-17.14%
Revenue from Operations
-18.49%
Total Assets
-3.07%
Profit or Loss
-87.71%
Net Worth
6.55%
EBITDA
16.93%

What is the Ownership and Shareholding Structure of Vimal Barrels?

In 2023, Vimal Barrels had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹117.42 M

Satisfied Charges

₹33.19 M

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 11.74 Cr

Latest Charge Details

DateLenderAmountStatus
09 Feb 2021Axis Bank Limited₹3.02 MOpen
18 Aug 2020Axis Bank Limited₹1.59 CrOpen
05 Oct 2012Axis Bank Limited₹9.85 CrOpen
30 Jul 2008Ing Vysya Bank Limited₹2.37 CrSatisfied
29 May 2006Andhra Bank₹4.45 MSatisfied

How Many Employees Work at Vimal Barrels?

Vimal Barrels has a workforce of 6 employees as of Apr 05, 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 Barrels, 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 Barrels'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 Barrels

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

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

    31 Mar 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 3.02 M with Charge ID 100424520 was registered on 09 Feb 2021.

    09 Feb 2021

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 15.90 M with Charge ID 100398876 was registered on 18 Aug 2020.

    18 Aug 2020

  • Charges

    A charge with Axis Bank Limited of Rs. 98.50 M registered on 05 Oct 2012 with Charge ID 10384113 was modified on 03 Dec 2018.

    03 Dec 2018

  • Charges

    A charge registered on 30 Jul 2008 via Charge ID 10122453 with Ing Vysya Bank Limited was fully satisfied on 10 Nov 2012.

    10 Nov 2012

Frequently asked questions

  • Vimal Barrels Private Limited was incorporated on 23 Sep 1998.

  • The authorized share capital of Vimal Barrels Private Limited is ₹ 7.50 M and paid-up capital is ₹ 7.00 M.

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

    • Saiyam Prakash Sheth
    • Nandaben Prakashbhai Sheth
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vimal Barrels Private Limited is Block No. 70 Khatraj Khatraj Char Rasta Village Khatraj Tal, . Kalol, Gujarat, India, 382721.

  • The corporate identification number (CIN) of Vimal Barrels Private Limited is U20203GJ1998PTC034704 and the company number is 034704 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Vimal Barrels Private Limited is https://www.vimalbarrels.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Vimal Barrels Private Limited has fallen by -17.14%.

  • As Per 2023 financial reports, 6 employees are currently employed by Vimal Barrels Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Vimal Barrels Private Limited has experienced an upsurge of 6.55%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Vimal Barrels Private Limited amount to ₹ 11.74 Cr.

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

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