Vimal Flexsol Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
- Paid Up Capital ₹ 2.76 Cr
- Company Age 26 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 6.99 Cr
- Satisfied Charges ₹ 3.95 Cr
- Revenue Growth 41.40%
- Profit Growth -76.74%
- Ebitda -47.09%
- Net Worth 2.55%
- Total Assets -9.41%
About Vimal Flexsol
Vimal Flexsol Limited (VFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 11 August 1998 and has a history of 26 years and seven months. Its registered office is in Mahesana, Gujarat, India.
The Company is engaged in the Manufacturing 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 3.00 Cr and a paid-up capital of Rs 2.76 Cr.
The company currently has active open charges totaling ₹6.99 Cr. The company has closed loans amounting to ₹3.95 Cr, as per Ministry of Corporate Affairs (MCA) records.
Valkesh Patel, Sanjaykumar Patel, and Nitin Narayanbhai 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
U36998GJ1998PLC034515
- Company No.
034515
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
11 Aug 1998
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Manufacturing
What products or services does Vimal Flexsol Limited offer?
Vimal Flexsol Limited offers a wide range of products and services, including Metal and Alloy Wires, Winding Wire, Insulated Cables, PVC Wire, Submersible Cables, Flat Cables, Electrical Cables & Wires.
Who are the key members and board of directors at Vimal Flexsol?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Valkesh Patel  | Whole-Time Director | 11-Aug-1998 | Current |
| Sanjaykumar Patel | Director | 24-Mar-2009 | Current |
| Nitin Narayanbhai | Whole-Time Director | 24-Mar-2009 | Current |
Financial Performance of Vimal Flexsol.
Vimal Flexsol Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 41.4% increase. The company also saw a substantial fall in profitability, with a 76.74% decrease in profit. The company's net worth moved up by a moderate rise of 2.55%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Vimal Flexsol?
In 2023, Vimal Flexsol had a promoter holding of 34.62% and a public holding of 65.39%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Root's Decor India Private LimitedNitin Narayanbhai is a mutual person
Alrod Industries LlpValkesh Patel is a mutual person
- Storeex Solutions Private Limited
Valkesh Patel is a mutual person
- Alrod Industries India Private Limited
Valkesh Patel is a mutual person
- Dutt Innovation Private Limited
Valkesh Patel is a mutual person
- Alcop Industries Private Limited
Valkesh Patel is a mutual person
Charges (Loans)
Open Charges
₹6.99 Cr
Satisfied Charges
₹3.95 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 6.99 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 May 2017 | Hdfc Bank Limited | ₹6.99 Cr | Open |
| 17 Mar 2015 | The Mehsana Urban Co-Op Bank Ltd | ₹5.50 M | Satisfied |
| 05 Jul 2002 | The Mehsana Urban Co-Operative Bank Limited | ₹5.00 M | Satisfied |
| 05 Jul 2002 | Mehsana Urbanb Co-Op Bank Ltd | ₹5.00 M | Satisfied |
| 16 May 1999 | The Mehsana Urban Co-Op Bank Ltd | ₹2.40 Cr | Satisfied |
How Many Employees Work at Vimal Flexsol?
Vimal Flexsol has a workforce of 14 employees as of Mar 21, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Vimal Flexsol, 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 Flexsol's trajectory.
Rating
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
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 Flexsol
Recent activity within the organization
- Annual General Meeting
Vimal Flexsol Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Vimal Flexsol Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.
- Charges
A charge with Hdfc Bank Limited of Rs. 6.99 Cr registered on 31 May 2017 with Charge ID 100109398 was modified on 04 Jul 2022.
- Charges
A charge registered on 16 May 1999 via Charge ID 90099000 with The Mehsana Urban Co-Op Bank Ltd was fully satisfied on 04 Aug 2017.
- Charges
A charge registered on 17 Mar 2015 via Charge ID 10561857 with The Mehsana Urban Co-Op Bank Ltd was fully satisfied on 29 Jul 2017.
- Charges
A charge registered on 05 Jul 2002 via Charge ID 80046762 with The Mehsana Urban Co-Operative Bank Limited was fully satisfied on 29 Jul 2017.
Frequently asked questions
What is the Incorporation or founding date of Vimal Flexsol Limited?
Vimal Flexsol Limited was incorporated on 11 Aug 1998.
What is authorized share capital and paid-up capital of Vimal Flexsol Limited?
The authorized share capital of Vimal Flexsol Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.76 Cr.
Who are the current board members & directors of Vimal Flexsol Limited?
Currently 3 directors are associated with Vimal Flexsol Limited.
- Valkesh Kantibhai Patel
- Sanjaykumar Narayanbhai Patel
- Nitin Patel Narayanbhai
What is the registered address of Vimal Flexsol Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Vimal Flexsol Limited is 219, Mehsana Gidc India, Mahesana, Gujarat, 384002.
What is the corporate identification number (CIN) and company number of Vimal Flexsol Limited?
The corporate identification number (CIN) of Vimal Flexsol Limited is U36998GJ1998PLC034515 and the company number is 034515 as per Ministry of Corporate Affairs (MCA).
What is the official website of Vimal Flexsol Limited?
The Official website of Vimal Flexsol Limited is https://www.vimalcables.com
What has been the recent revenue trend for Vimal Flexsol Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Vimal Flexsol Limited has risen by 41.40%.
How many employees does Vimal Flexsol Limited currently have?
As Per 2023 financial reports, 14 employees are currently employed by Vimal Flexsol Limited.
What change has been observed in the net worth of Vimal Flexsol Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Vimal Flexsol Limited has experienced an upsurge of 2.55%.
What are the total open charges for Vimal Flexsol Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Vimal Flexsol Limited amount to ₹ 6.99 Cr.
When was the last Balance Sheet of Vimal Flexsol Limited filed with the ROC?
The most recent Balance Sheet for Vimal Flexsol Limited was filed with the ROC on 31 Mar 2023.
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