Virgo Laminates Limited

Founded in 1996 and headquartered in Chandigarh, India.

1996 | Chandigarh (India) | Active
Last Updated:

Virgo Laminates Profile

Key Indicators

  • Authorised Capital ₹ 21.00 Cr
  • Paid Up Capital ₹ 11.97 Cr
  • Company Age 28 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 195.60 Cr
  • Satisfied Charges ₹ 154.25 Cr
  • Revenue Growth 15.72%
  • Profit Growth 6.39%
  • Ebitda 2.94%
  • Net Worth 28.80%
  • Total Assets -14.75%

About Virgo Laminates

Virgo Laminates Limited (VLL) is a leading Public Limited Indian Non-Government Company incorporated in India on 25 September 1996 and has a history of 28 years and six months. Its registered office is in Chandigarh, India.

The Corporate was formerly known as Katyani Chemtech India Private Limited. The Company is engaged in the Packaging 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 21.00 Cr and a paid-up capital of Rs 11.97 Cr.

The company currently has active open charges totaling ₹195.60 Cr. The company has closed loans amounting to ₹154.25 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Virgo Laminates Limited India are Nikhil Arora as CFO and Anu Pathania as Company Secretary. Bishamber Dass, Surinder Pal, Tilak Raj, and Three other members serve as directors at the Company.

Company Details

  • Location

    Chandigarh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U20200CH1996PLC042508

  • Company No.

    042508

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    25 Sep 1996

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Packaging

What products or services does Virgo Laminates Limited offer?

Virgo Laminates Limited offers a wide range of products and services, including Building Panels & Cladding Materials, Composite Panels, Cladding Sheets & Panels.

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

Executive Team (3)

NameDesignationAppointment DateStatus
Surinder Pal Country flag representing In Managing Director30-Mar-2008Current
Nikhil Arora Country flag representing In CFO01-Jun-2018Current
Anu Pathania Company Secretary18-May-2023Current

Board Members (5)

NameDesignationAppointment DateStatus
Bishamber Dass Country flag representing In Director 18-Feb-2000Current
Tilak Raj Country flag representing In Whole-Time Director 30-Mar-2008Current
Parveen Kumar Country flag representing In Whole-Time Director 11-Apr-2007Current
Parvesh Kumar Country flag representing In Director 12-Apr-2024Current
Shreya Madhok Country flag representing In Director 12-Apr-2024Current

Financial Performance of Virgo Laminates.

Virgo Laminates Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 15.72% increase. The company also saw a slight improvement in profitability, with a 6.39% increase in profit. The company's net worth Soared by an impressive increase of 28.8%.

Virgo Laminates revenue growth over time
Virgo Laminates 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
15.72%
Revenue from Operations
15.67%
Total Assets
-14.75%
Profit or Loss
6.39%
Net Worth
28.80%
EBITDA
2.94%

What is the Ownership and Shareholding Structure of Virgo Laminates?

In 2023, Virgo Laminates 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)

Open Charges

₹195.60 Cr

Satisfied Charges

₹154.25 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 123.80 Cr
  • The Hongkong And Shanghai Banking Corporation Limited : 70.10 Cr
  • Axis Bank Limited : 1.70 Cr

Latest Charge Details

DateLenderAmountStatus
22 Mar 2023Hdfc Bank Limited₹7.97 MOpen
27 May 2021Axis Bank Limited₹1.70 CrOpen
07 Feb 2019Hdfc Bank Limited₹123.00 CrOpen
07 Jan 2019The Hongkong And Shanghai Banking Corporation Limited₹5.10 CrOpen
20 Jun 2018The Hongkong And Shanghai Banking Corporation Limited₹65.00 CrOpen

How Many Employees Work at Virgo Laminates?

Virgo Laminates has a workforce of 338 employees as of Apr 04, 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 Virgo Laminates Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 65.00 Cr registered on 20 Jun 2018 with Charge ID 100185797 was modified on 17 Jul 2024.

  • Charges

    A charge registered on 30 Nov 2020 via Charge ID 100415588 with Hdfc Bank Limited was fully satisfied on 23 Apr 2024.

  • Director Appointment

    Parvesh Kumar was appointed as a Director was appointed as a Director on 12 Apr 2024 & has been associated with this company since 11 months 15 days .

  • Director Appointment

    Shreya Madhok was appointed as a Director was appointed as a Director on 12 Apr 2024 & has been associated with this company since 11 months 15 days .

  • Annual General Meeting

    Virgo Laminates Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Virgo Laminates Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

Frequently asked questions

  • What is the Incorporation or founding date of Virgo Laminates Limited?

    Virgo Laminates Limited was incorporated on 25 Sep 1996.

  • What is authorized share capital and paid-up capital of Virgo Laminates Limited?

    The authorized share capital of Virgo Laminates Limited is ₹ 21.00 Cr and paid-up capital is ₹ 11.97 Cr.

  • Who are the current board members & directors of Virgo Laminates Limited?

    Currently 8 directors are associated with Virgo Laminates Limited.

    • Bishamber Dass
    • Surinder Pal
    • Tilak Raj
    • Parveen Kumar
    • Parvesh Kumar
    • Shreya Madhok
    • Nikhil Arora
    • Anu Pathania

  • What is the registered address of Virgo Laminates Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Virgo Laminates Limited is 828 Ia, Ph Ii India, Chandigarh, 160002.

  • What is the corporate identification number (CIN) and company number of Virgo Laminates Limited?

    The corporate identification number (CIN) of Virgo Laminates Limited is U20200CH1996PLC042508 and the company number is 042508 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Virgo Laminates Limited?

    The Official website of Virgo Laminates Limited is https://www.virgolam.com

  • What has been the recent revenue trend for Virgo Laminates Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Virgo Laminates Limited has risen by 15.72%.

  • How many employees does Virgo Laminates Limited currently have?

    As Per 2023 financial reports, 338 employees are currently employed by Virgo Laminates Limited.

  • What change has been observed in the net worth of Virgo Laminates Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Virgo Laminates Limited has experienced an upsurge of 28.80%.

  • What are the total open charges for Virgo Laminates Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Virgo Laminates Limited amount to ₹ 195.60 Cr.

  • When was the last Balance Sheet of Virgo Laminates Limited filed with the ROC?

    The most recent Balance Sheet for Virgo Laminates Limited was filed with the ROC on 31 Mar 2023.

People also Viewed