Vimal Oil & Foods Ltd

Refining and marketing of edible oils with 250 TPD manufacturing capacity and 'Vimal' brand name.

1992 | Mahesana, Gujarat (India) | Under Liquidation
Last Updated:

Vimal Oil & Foods Profile

Key Indicators

  • Authorised Capital ₹ 33.00 Cr
  • Paid Up Capital ₹ 15.02 Cr
  • Company Age 32 Year, 11 Months
  • Last Filing with ROC 31 Mar 2019
  • Open Charges ₹ 1,978.85 Cr
  • Satisfied Charges ₹ 17.49 Cr
  • Revenue Growth -95.14%
  • Profit Growth 93.71%
  • Ebitda 102.12%
  • Net Worth -1.79%
  • Total Assets -4.75%

About Vimal Oil & Foods

Vimal Oil & Foods Ltd (VOFL) is Under Liquidation company established on 14 May 1992 with its office registered at Mahesana, Gujarat, India and has been running since 32 Year, 11 Months with a paid up capital of 15.02 Cr. According to MCA records, 4 Directors and 1 Signatories are linked to this company as of 04 May 2024.

Company Details

  • Location

    Mahesana, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L15400GJ1992PLC017626

  • Company No.

    017626

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    14 May 1992

  • Date of AGM

    30 Sep 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Environment
Food and Beverages

What products or services does Vimal Oil & Foods Ltd offer?

Vimal Oil & Foods Ltd offers a wide range of products and services, including Refined Oil, Soybean Refined Oil, Refined Sunflower Oil, Groundnut Oil, Refined Groundnut Oil, Cooking Oil, Rice Bran Oil, Corn Oil, Mustard Oil, Tablecloth.

Company report

Vimal Oil & Foods Ltd

Explore comprehensive data for Vimal Oil & Foods Ltd, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Vimal Oil & Foods?

Executive Team (2)

NameDesignationAppointment DateStatus
Jitendra Patel CFO14-Aug-2014Current
Jayeshbhai Patel Country flag representing In Managing Director14-May-1992Current

Board Members (3)

NameDesignationAppointment DateStatus
Mukeshkumar Patel Country flag representing In Director 16-Jan-2003Current
Ditin Patel Country flag representing In Director 01-Oct-2015Current
Monaben Acharya Country flag representing In Director 15-Oct-2015Current

Financial Performance of Vimal Oil & Foods.

Vimal Oil & Foods Ltd, for the financial year ended 2019, experienced significant reduction in revenue, with a 95.14% decrease. The company also saw a substantial improvement in profitability, with a 93.71% increase in profit. The company's net worth dipped by a decrease of 1.79%.

Vimal Oil & Foods revenue growth over time
Vimal Oil & Foods 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
-95.14%
Revenue from Operations
-95.24%
Total Assets
-4.75%
Profit or Loss
93.71%
Net Worth
-1.79%
EBITDA
102.12%

What is the Ownership and Shareholding Structure of Vimal Oil & Foods?

In 2019, Vimal Oil & Foods had a promoter holding of 72.52% and a public holding of 27.49%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1,978.85 Cr

Satisfied Charges

₹17.49 Cr

Charges Breakdown by Lending Institutions

  • Others : 1620.00 Cr
  • Bank Of India : 274.85 Cr
  • Dena Bank : 78.50 Cr
  • Bank Of Baroda : 4.00 Cr
  • Kotak Mahindra Prime Limited : 1.50 Cr

Latest Charge Details

DateLenderAmountStatus
07 Oct 2014Bank Of India₹39.00 CrOpen
28 Mar 2014Bank Of India₹35.00 CrOpen
14 May 2013Bank Of Baroda₹4.00 CrOpen
14 May 2013Bank Of India₹198.25 CrOpen
05 Dec 2012Dena Bank₹20.00 CrOpen

How Many Employees Work at Vimal Oil & Foods?

Vimal Oil & Foods has a workforce of 76 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 Oil & Foods Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Vimal Oil & Foods, 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 Oil & Foods'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 Oil & Foods

Recent activity within the organization

  • Annual General Meeting

    Vimal Oil & Foods Ltd last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.

  • Balance Sheet

    Vimal Oil & Foods Ltd has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Ahmedabad.

  • Charges

    A charge with Others of Rs. 810.00 Cr registered on 11 Nov 2003 with Charge ID 90102846 was modified on 30 Mar 2017.

  • Charges

    A charge with Others of Rs. 810.00 Cr registered on 23 Oct 1997 with Charge ID 90103104 was modified on 30 Mar 2017.

  • Director Appointment

    Monaben Jignesh Acharya was appointed as a Director was appointed as a Director on 15 Oct 2015 & has been associated with this company since 9 years 6 months .

  • Director Appointment

    Ditin Narayanbhai Patel was appointed as a Director was appointed as a Director on 01 Oct 2015 & has been associated with this company since 9 years 7 months .

Frequently asked questions

  • What is the Incorporation or founding date of Vimal Oil & Foods Ltd?

    Vimal Oil & Foods Ltd was incorporated on 14 May 1992.

  • What is authorized share capital and paid-up capital of Vimal Oil & Foods Ltd?

    The authorized share capital of Vimal Oil & Foods Ltd is ₹ 33.00 Cr and paid-up capital is ₹ 15.02 Cr.

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

    Currently 5 directors are associated with Vimal Oil & Foods Ltd.

    • Jitendra Mafatlal Patel
    • Jayeshbhai Chandubhai Patel
    • Mukeshkumar Naranbhai Patel
    • Ditin Narayanbhai Patel
    • Monaben Jignesh Acharya
  • What is the registered address of Vimal Oil & Foods Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Vimal Oil & Foods Ltd is Village- Hanumant Heduva, Nr. Palvasna Railway Crossing Highway, Mehsana, Gujarat, India, 384002.

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

    The corporate identification number (CIN) of Vimal Oil & Foods Ltd is L15400GJ1992PLC017626 and the company number is 017626 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Vimal Oil & Foods Ltd?

    The Official website of Vimal Oil & Foods Ltd is https://www.vimaloil.com

  • What has been the recent revenue trend for Vimal Oil & Foods Ltd?

    According to the financial reports for the fiscal year 2019, the revenue trend for Vimal Oil & Foods Ltd has fallen by -95.14%.

  • How many employees does Vimal Oil & Foods Ltd currently have?

    As Per 2019 financial reports, 76 employees are currently employed by Vimal Oil & Foods Ltd.

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

    The financial reports for the fiscal year 2019 indicates that The net worth of Vimal Oil & Foods Ltd has experienced an downturn of -1.79%.

  • What are the total open charges for Vimal Oil & Foods Ltd?

    As per the financial statements for fiscal Year 2019, The total open charges for Vimal Oil & Foods Ltd amount to ₹ 1,978.85 Cr.

  • When was the last Balance Sheet of Vimal Oil & Foods Ltd filed with the ROC?

    The most recent Balance Sheet for Vimal Oil & Foods Ltd was filed with the ROC on 31 Mar 2019.

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