Vimal Precision Bearings Private Limited

Manufacturer and exporter of various types of bearings and allied components.

2001 | Gondal, Gujarat (India) | Active
Last Updated: July 29, 2024

Vimal Precision Bearings Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.99 M
  • Company Age 23 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth -58.31%
  • Profit Growth -53.14%
  • Ebitda -30.06%
  • Net Worth 1.09%
  • Total Assets -52.94%

About Vimal Precision Bearings

Vimal Precision Bearings Private Limited (VPBPL) is a Private Limited Indian Non-Government Company incorporated in India on 23 May 2001 and has a history of 23 years and eight months. Its registered office is in Gondal, 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 1.00 M and a paid-up capital of Rs 0.99 M, as per Ministry of Corporate Affairs (MCA) records.

Girishbhai Padaliya and Adit Padaliya serve as directors at the Company.

Company Details

  • Location

    Gondal, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    vimalbearings.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29130GJ2001PTC039588

  • Company No.

    039588

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 May 2001

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

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

Board Members (2)

Name Designation Appointment Date Status
Girishbhai Padaliya Country flag representing In Director 03-Oct-2008 Current
Adit Padaliya Country flag representing In Director 24-Oct-2013 Current

Financial Performance of Vimal Precision Bearings.

Vimal Precision Bearings Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 58.31% decrease. The company also saw a substantial fall in profitability, with a 53.14% decrease in profit. The company's net worth moved up by a moderate rise of 1.09%.

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
-58.31%
Revenue from Operations
-58.31%
Total Assets
-52.94%
Profit or Loss
-53.14%
Net Worth
1.09%
EBITDA
-30.06%

What is the Ownership and Shareholding Structure of Vimal Precision Bearings?

In 2023, Vimal Precision Bearings 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Vimal Precision Bearings?

Unlock and access historical data on people associated with Vimal Precision Bearings, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

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

    31 Mar 2023

  • Director Appointment

    Adit Navinbhai Padaliya was appointed as a Director was appointed as a Director on 24 Oct 2013 & has been associated with this company since 11 years 3 months .

    24 Oct 2013

  • Director Appointment

    Girishbhai Vallabhbhai Padaliya was appointed as a Director was appointed as a Director on 03 Oct 2008 & has been associated with this company since 16 years 4 months .

    03 Oct 2008

  • Company Incorporation

    Vimal Precision Bearings Private Limited was registered on 23 May 2001 with Roc Ahmedabad & aged 23 years 8 months as per MCA records.

    23 May 2001

Frequently asked questions

  • Vimal Precision Bearings Private Limited was incorporated on 23 May 2001.

  • The authorized share capital of Vimal Precision Bearings Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.99 M.

  • Currently 2 directors are associated with Vimal Precision Bearings Private Limited.

    • Girishbhai Vallabhbhai Padaliya
    • Adit Navinbhai Padaliya
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vimal Precision Bearings Private Limited is 24/3 Bhojraj Para, Gondal, Gujarat, India, 360311.

  • The corporate identification number (CIN) of Vimal Precision Bearings Private Limited is U29130GJ2001PTC039588 and the company number is 039588 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Vimal Precision Bearings Private Limited is https://www.vimalbearings.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Vimal Precision Bearings Private Limited has fallen by -58.31%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Vimal Precision Bearings Private Limited has experienced an upsurge of 1.09%.

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

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