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: December 23, 2024

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%.

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
0.10%
Revenue from Operations
Total Assets
39.87%
Profit or Loss
1743.99%
Net Worth
39.38%
EBITDA
76.35%

Related Corporates (Common Directorship)

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.

Graph showing employee growth trends

Deals i

Rating

Alerts

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.

    30 Sep 2023

  • Balance Sheet

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

    31 Mar 2023

  • 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 18 days .

    05 Jan 2023

  • 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 3 months .

    30 Sep 2019

  • Charges

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

    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 8 months .

    04 May 2019

Frequently asked questions

  • Vimal Coatings Ltd was incorporated on 13 Apr 1992.

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

  • Currently 3 directors are associated with Vimal Coatings Ltd.

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

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

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

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

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

Similar Companies Based on Paint & Coatings