Virgo Cements Limited

This company manufactures cement, lime, plaster, and other building materials since 1986.

1986 | Ri Bhoi, Meghalaya (India) | Under Insolvency
Last Updated: January 16, 2025

Virgo Cements Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 6.42 Cr
  • Company Age 38 Year, 5 Months
  • Last Filing with ROC 31 Mar 2018
  • Open Charges ₹ 46.41 Cr
  • Satisfied Charges ₹ 1.77 Cr
  • Revenue Growth 36.90%
  • Profit Growth 37.39%
  • Ebitda 59.26%
  • Net Worth -60.45%
  • Total Assets -13.95%

About Virgo Cements

Virgo Cements Limited (VCL) is Under Cirp company established on 06 Aug 1986 with its office registered at Ri Bhoi, Meghalaya, India and has been running since 38 Year, 5 Months with a paid up capital of 6.42 Cr. According to MCA records, 3 Directors are linked to this company as of 16 Jan 2025.

Company Details

  • Location

    Ri Bhoi, Meghalaya, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U26942ML1986PLC002570

  • Company No.

    002570

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    06 Aug 1986

  • Date of AGM

    30 Sep 2018

  • Date of Balance Sheet

    31 Mar 2018

  • Listing Status

    Unlisted

  • ROC Code

    Roc Shillong

Industry

Manufacturing

Who are the key members and board of directors at Virgo Cements?

Board Members (3)

Name Designation Appointment Date Status
Rabi Jain Country flag representing In Director 06-Aug-1986 Current
Sambhu Dhanuka Country flag representing In Director 03-Sep-2016 Current
Mati Kalita Country flag representing In Additional Director 15-Feb-2019 Current

Financial Performance of Virgo Cements.

Virgo Cements Limited, for the financial year ended 2016, experienced significant growth in revenue, with a 36.9% increase. The company also saw a substantial improvement in profitability, with a 37.39% increase in profit. The company's net worth observed a substantial decline by a decrease of 60.45%.

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
36.90%
Revenue from Operations
36.88%
Total Assets
-13.95%
Profit or Loss
37.39%
Net Worth
-60.45%
EBITDA
59.26%

What is the Ownership and Shareholding Structure of Virgo Cements?

In 2018, Virgo Cements had a promoter holding of 34.46% and a public holding of 65.54%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹46.41 Cr

Satisfied Charges

₹1.77 Cr

Charges Breakdown by Lending Institutions

  • Punjab National Bank : 39.65 Cr
  • Indian Bank : 5.88 Cr
  • Industrial Finance Corp. Of India : 0.88 Cr

Latest Charge Details

Date Lender Amount Status
26 Apr 2010 Indian Bank ₹5.88 Cr Open
17 Dec 2008 Punjab National Bank ₹19.65 Cr Open
17 Dec 2008 Punjab National Bank ₹20.00 Cr Open
25 Sep 1989 Industrial Finance Corp. Of India ₹6.30 M Open
28 Sep 1988 Industrial Finance Corp. Of India ₹2.50 M Open

How Many Employees Work at Virgo Cements?

Virgo Cements 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

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Virgo Cements, 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 Virgo Cements'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 Virgo Cements

Recent activity within the organization

  • Director Appointment

    Mati Lal Kalita was appointed as a Additional Director was appointed as a Additional Director on 15 Feb 2019 & has been associated with this company since 5 years 11 months .

    15 Feb 2019

  • Annual General Meeting

    Virgo Cements Limited last Annual general meeting of members was held on 30 Sep 2018 as per latest MCA records.

    30 Sep 2018

  • Balance Sheet

    Virgo Cements Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Shillong.

    31 Mar 2018

  • Director Appointment

    Sambhu Kumar Dhanuka was appointed as a Director was appointed as a Director on 03 Sep 2016 & has been associated with this company since 8 years 4 months .

    03 Sep 2016

  • Charges

    A charge with Indian Bank of Rs. 5.88 Cr registered on 26 Apr 2010 with Charge ID 10218241 was modified on 22 May 2014.

    22 May 2014

  • Charges

    A charge with Punjab National Bank of Rs. 19.65 Cr registered on 17 Dec 2008 with Charge ID 10194402 was modified on 28 Sep 2013.

    28 Sep 2013

Frequently asked questions

  • Virgo Cements Limited was incorporated on 06 Aug 1986.

  • The authorized share capital of Virgo Cements Limited is ₹ 10.00 Cr and paid-up capital is ₹ 6.42 Cr.

  • Currently 3 directors are associated with Virgo Cements Limited.

    • Rabi Jain
    • Sambhu Kumar Dhanuka
    • Mati Lal Kalita
  • As per Ministry of Corporate Affairs (Mca), the registered address of Virgo Cements Limited is Damas, East Garo Hills India, Na, Meghalaya, 793122.

  • The corporate identification number (CIN) of Virgo Cements Limited is U26942ML1986PLC002570 and the company number is 002570 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2016, the revenue trend for Virgo Cements Limited has risen by 36.90%.

  • The financial reports for the fiscal year 2016 indicates that The net worth of Virgo Cements Limited has experienced an downturn of -60.45%.

  • As per the financial statements for fiscal Year 2016, The total open charges for Virgo Cements Limited amount to ₹ 46.41 Cr.

  • The most recent Balance Sheet for Virgo Cements Limited was filed with the ROC on 31 Mar 2018.

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