Virgo Polymers India Profile
Key Indicators
- Authorised Capital ₹ 6.00 Cr
- Paid Up Capital ₹ 3.40 Cr
- Company Age 40 Year, 22 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 35.04 Cr
- Satisfied Charges ₹ 11.82 Cr
- Revenue Growth 43.89%
- Profit Growth 15.79%
- Ebitda 35.58%
- Net Worth 3.64%
- Total Assets -11.37%
About Virgo Polymers India
Virgo Polymers India Limited (VPIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 05 March 1985 and has a history of 40 years. Its registered office is in Kanchipuram, Tamil Nadu, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 531282.
The Corporate was formerly known as Virgo Polybags 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 2024. It's a company limited by shares with an authorized capital of Rs 6.00 Cr and a paid-up capital of Rs 3.40 Cr.
The company currently has active open charges totaling ₹35.04 Cr. The company has closed loans amounting to ₹11.82 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Virgo Polymers India Limited India is Bhavani as CFO. Sunil Saraf, Varun Ramsisaria, Vivek Ramsisaria, and Three other members serve as directors at the Company.
Company Details
- Location
Kanchipuram, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L25200TN1985PLC011622
- Company No.
011622
- Stock Symbol
BSE : 531282
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
05 Mar 1985
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Chennai
Industry
Packaging
What products or services does Virgo Polymers India Limited offer?
Virgo Polymers India Limited offers a wide range of products and services, including Bulk Bags & Sacks, Jumbo Bags.
Who are the key members and board of directors at Virgo Polymers India?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vivek Ramsisaria  | Managing Director | 01-Oct-2021 | Current |
| Bhavani | CFO | 10-Aug-2024 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sagar Ramsisaria | Director | 16-Dec-2020 | Current |
| Sunil Saraf | Director | 21-Sep-2023 | Current |
| Varun Ramsisaria | Whole-Time Director | 29-May-2020 | Current |
| Mamta Ramsisaria | Whole-Time Director | 29-May-2015 | Current |
| Rishav Sethia | Director | 16-Dec-2020 | Current |
Financial Performance of Virgo Polymers India.
Virgo Polymers India Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 43.89% increase. The company also saw a substantial improvement in profitability, with a 15.79% increase in profit. The company's net worth moved up by a moderate rise of 3.64%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Virgo Polymers India?
In 2023, Virgo Polymers India had a promoter holding of 46.83% and a public holding of 53.16%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Electro Constructions Private LimitedVivek Ramsisaria and Sagar Ramsisaria are mutual person
Aparajeet Polymers Private LimitedSunil Saraf is a mutual person
- Shyam Agency Private Limited
Sunil Saraf is a mutual person
- Shrinathji Tradecom Private Limited
Sunil Saraf is a mutual person
- Raghunayak Commercial Private Limited
Sunil Saraf and Sagar Ramsisaria are mutual person
- Sharwajeet Commercial Private Limited
Sunil Saraf and Sagar Ramsisaria are mutual person
Charges (Loans)
Open Charges
₹35.04 Cr
Satisfied Charges
₹11.82 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 35.04 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Dec 2004 | State Bank Of India | ₹35.04 Cr | Open |
| 26 Mar 2019 | Others | ₹1.05 M | Satisfied |
| 30 Oct 2014 | Axis Bank Limited | ₹0.67 M | Satisfied |
| 27 Feb 2014 | Axis Bank Limited | ₹0.48 M | Satisfied |
| 07 May 1999 | The Tamil Nadu Industrial Investment Corpo. Ltd. | ₹1.00 M | Satisfied |
How Many Employees Work at Virgo Polymers India?
Virgo Polymers India has a workforce of 707 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Virgo Polymers India, 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 Polymers India'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 Virgo Polymers India
Recent activity within the organization
- Annual General Meeting
Virgo Polymers India Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Director Appointment
Bhavani was appointed as a Cfo was appointed as a Cfo on 10 Aug 2024 & has been associated with this company since 7 months 17 days .
- Balance Sheet
Virgo Polymers India Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
- Director Appointment
Sunil Saraf was appointed as a Director was appointed as a Director on 21 Sep 2023 & has been associated with this company since 1 year 6 months .
- Charges
A charge with State Bank Of India of Rs. 35.04 Cr registered on 30 Dec 2004 with Charge ID 90308091 was modified on 02 May 2022.
- Charges
A charge registered on 26 Mar 2019 via Charge ID 100255838 with Others was fully satisfied on 29 Apr 2022.
Frequently asked questions
What is the Incorporation or founding date of Virgo Polymers India Limited?
Virgo Polymers India Limited was incorporated on 05 Mar 1985.
What is authorized share capital and paid-up capital of Virgo Polymers India Limited?
The authorized share capital of Virgo Polymers India Limited is ₹ 6.00 Cr and paid-up capital is ₹ 3.40 Cr.
Who are the current board members & directors of Virgo Polymers India Limited?
Currently 7 directors are associated with Virgo Polymers India Limited.
- Sunil Saraf
- Varun Ramsisaria
- Vivek Ramsisaria
- Mamta Ramsisaria
- Sagar Ramsisaria
- Rishav Sethia
- Bhavani
What is the registered address of Virgo Polymers India Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Virgo Polymers India Limited is A-1-A, Mmda Industrial Complex Maraimalai Nagar India, Chennai, Tamil Nadu, 603209.
What is the corporate identification number (CIN) and company number of Virgo Polymers India Limited?
The corporate identification number (CIN) of Virgo Polymers India Limited is L25200TN1985PLC011622 and the company number is 011622 as per Ministry of Corporate Affairs (MCA).
Is Virgo Polymers India Limited registered with any stock exchange in India?
Yes, Virgo Polymers India Limited is registered on Bombay Stock Exchange (BSE).
What is the official website of Virgo Polymers India Limited?
The Official website of Virgo Polymers India Limited is https://www.fibcbigbags.com
What has been the recent revenue trend for Virgo Polymers India Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Virgo Polymers India Limited has risen by 43.89%.
How many employees does Virgo Polymers India Limited currently have?
As Per 2023 financial reports, 707 employees are currently employed by Virgo Polymers India Limited.
What change has been observed in the net worth of Virgo Polymers India Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Virgo Polymers India Limited has experienced an upsurge of 3.64%.
What are the total open charges for Virgo Polymers India Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Virgo Polymers India Limited amount to ₹ 35.04 Cr.
When was the last Balance Sheet of Virgo Polymers India Limited filed with the ROC?
The most recent Balance Sheet for Virgo Polymers India Limited was filed with the ROC on 31 Mar 2024.
People also Viewed
MB
Mahesh BohraDirectorMJ
Manoj JainDirectorCR
Chandra RamsisariaDirectorRR
Ram RamsisariaDirectorBA
Bishwanath AgarwalDirectorAS
Alok SethiaDirectorKI
Krishnan IyerDirector and Company Secretary