Vimal Coatings Ltd

Manufacturer and distributor of paints, varnishes, and other related products using raw materials and minerals.

1992 | Mahesana, Gujarat (India) | Active
Last Updated:

Vimal Coatings Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 3.65 Cr
  • Company Age 32 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 17.10 Cr
  • Revenue Growth 0.10%
  • Profit Growth 1743.99%
  • Ebitda 76.35%
  • Net Worth 39.38%
  • Total Assets 39.87%

About Vimal Coatings

Vimal Coatings Ltd (VCL) is a Public Limited Indian Non-Government Company incorporated in India on 13 April 1992 and has a history of 32 years and 11 months. Its registered office is in Mahesana, Gujarat, India.

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 5.00 Cr and a paid-up capital of Rs 3.65 Cr.

The company has closed loans amounting to ₹17.10 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Payalben Patel, Jigarkumar Patel, and Manubhai Patel serve as directors at the Company.

Company Details

  • Location

    Mahesana, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24249GJ1992PLC017463

  • Company No.

    017463

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    13 Apr 1992

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Metals and Minerals
Manufacturing

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

Board Members (3)

NameDesignationAppointment DateStatus
Payalben Patel Country flag representing In Additional Director 05-Jan-2023Current
Jigarkumar Patel Country flag representing In Director 04-May-2019Current
Manubhai Patel Country flag representing In Director 30-Sep-2019Current

Financial Performance of Vimal Coatings.

Vimal Coatings Ltd, for the financial year ended 2023, experienced modest growth in revenue, with a 0.1% increase. The company also saw a substantial improvement in profitability, with a 1743.99% increase in profit. The company's net worth Soared by an impressive increase of 39.38%.

Vimal Coatings revenue growth over time
Vimal Coatings 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
0.10%
Revenue from Operations
Total Assets
39.87%
Profit or Loss
1743.99%
Net Worth
39.38%
EBITDA
76.35%

What is the Ownership and Shareholding Structure of Vimal Coatings?

In 2023, Vimal Coatings had a promoter holding of 69.24% and a public holding of 30.76%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹17.10 Cr

Charges Breakdown by Lending Institutions

  • The Mehsana Urban Co-Operative Bank Limited : 10.01 Cr
  • The Mehsana Urban Co. Op. Bank Ltd : 5.50 Cr
  • Kotak Mahindra Bank Limited : 1.50 Cr
  • Bank Of Baroda : 0.09 Cr

Latest Charge Details

DateLenderAmountStatus
05 Oct 2012Kotak Mahindra Bank Limited₹1.50 CrSatisfied
08 Apr 2011The Mehsana Urban Co. Op. Bank Ltd₹5.50 CrSatisfied
28 Jul 2009The Mehsana Urban Co-Operative Bank Limited₹2.25 CrSatisfied
20 Apr 2009Bank Of Baroda₹0.89 MSatisfied
04 Apr 2007The Mehsana Urban Co-Operative Bank Limited₹5.18 CrSatisfied

How Many Employees Work at Vimal Coatings?

Vimal Coatings has a workforce of 0 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.

Employee growth trends for Vimal Coatings Ltd

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Vimal Coatings Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Vimal Coatings Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

  • Director Appointment

    Payalben Jigarkumar Patel was appointed as a Additional Director was appointed as a Additional Director on 05 Jan 2023 & has been associated with this company since 2 years 2 months .

  • Director Appointment

    Manubhai Manchandas Patel was appointed as a Director was appointed as a Director on 30 Sep 2019 & has been associated with this company since 5 years 6 months .

  • Charges

    A charge registered on 05 Oct 2012 via Charge ID 10379233 with Kotak Mahindra Bank Limited was fully satisfied on 12 Jun 2019.

  • Director Appointment

    Jigarkumar Manubhai Patel was appointed as a Director was appointed as a Director on 04 May 2019 & has been associated with this company since 5 years 10 months .

Frequently asked questions

  • What is the Incorporation or founding date of Vimal Coatings Ltd?

    Vimal Coatings Ltd was incorporated on 13 Apr 1992.

  • What is authorized share capital and paid-up capital of Vimal Coatings Ltd?

    The authorized share capital of Vimal Coatings Ltd is ₹ 5.00 Cr and paid-up capital is ₹ 3.65 Cr.

  • Who are the current board members & directors of Vimal Coatings Ltd?

    Currently 3 directors are associated with Vimal Coatings Ltd.

    • Payalben Jigarkumar Patel
    • Jigarkumar Manubhai Patel
    • Manubhai Manchandas Patel

  • What is the registered address of Vimal Coatings Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Vimal Coatings Ltd is Plot No. 19 G.I.D.C. Estate Phase Ii, Dediyasan India, Mehsana, Gujarat, 384002.

  • What is the corporate identification number (CIN) and company number of Vimal Coatings Ltd?

    The corporate identification number (CIN) of Vimal Coatings Ltd is U24249GJ1992PLC017463 and the company number is 017463 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Vimal Coatings Ltd?

    According to the financial reports for the fiscal year 2023, the revenue trend for Vimal Coatings Ltd has risen by 0.10%.

  • What change has been observed in the net worth of Vimal Coatings Ltd, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Vimal Coatings Ltd has experienced an upsurge of 39.38%.

  • When was the last Balance Sheet of Vimal Coatings Ltd filed with the ROC?

    The most recent Balance Sheet for Vimal Coatings Ltd was filed with the ROC on 31 Mar 2023.

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