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Virgo Polymers India Limited - Company Profile

It is a packaging public limited company based in Chennai, Tamil Nadu, India, established in 1985.

1985 | Chennai, Tamil Nadu, India | Active
Last Updated:

About Virgo Polymers India Limited

Virgo Polymers India Limited, a active public limited company, was established on 05 March 1985 in Chennai, Tamil Nadu, India. Engaging in woven packaging products within the manufacturing sector, it holds CIN: L25200TN1985PLC011622. Registered under ROC Roc Chennai. it is listed on BSE: 531282. It has an authorized capital of ₹6.00 Cr and a paid-up capital of ₹3.40 Cr.

Formerly known as Virgo Polybags Limited, Virgo Polybags Private Limited. It upholds a compliant status. In 2023, it reported revenue of ₹170.65 Cr and a net worth of ₹17.94 Cr. Employing 707 professional, Its leadership includes Mamta Ramsisaria (Whole-Time Director), Rishav Sethia (Director), Sagar Ramsisaria (Director). Past directors included Chandra Prakash Ramsisaria, Mamta Ramsisaria, Rishav Sethia. It holds ₹38.30 Cr open charges and ₹11.82 Cr settled loans. Its latest AGM occurred on 29 September 2025, with the balance sheet filed on 31 March 2025. It is based at A-1-A, Mmda Industrial Complex Maraimalai Nagar, Chennai, Tamil Nadu, 603209.

Company Details

  • CIN/LLPIN

    L25200TN1985PLC011622

  • Registration Number

    011622

  • Incorporation Date

    05 March 1985

  • Authorized Capital

    ₹6.00 Cr

  • Paid-Up Capital

    ₹3.40 Cr

  • ROC Code

    Roc Chennai

  • Listing Status

    Listed (BSE: 531282)

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 3.40 Cr
  • Company Age 40 Year, 10 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 38.30 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%
Company report

Virgo Polymers India Limited

Company Report FY 2025-2026

Explore comprehensive insights into Virgo Polymers India Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Virgo Polymers India Limited?

Current Directors

NameDesignationAppointment DateStatus
Mamta RamsisariaWhole-Time Director03 Oct 2012Current
Rishav SethiaDirector18 Mar 2020Current
Sagar RamsisariaDirector28 Feb 2020Current
Sunil SarafDirector29 Aug 2004Current
Varun RamsisariaWhole-Time Director25 Aug 2011Current
Vivek RamsisariaManaging Director18 Jan 2008Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector25 Aug 2011Past
Pramod AbcsddDirector29 May 2015Past
Pramod AbcsddAdditional Director16 Dec 2020Past
Pramod AbcsddCompany Secretary-Past
Pramod AbcsddCompany Secretary-Past
Pramod AbcsddCfo(Kmp)-Past

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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%.

Virgo Polymers India revenue growth over time
Virgo Polymers India 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
43.89%
Revenue from Operations
44.32%
Total Assets
-11.37%
Profit or Loss
15.79%
Net Worth
3.64%
EBITDA
35.58%

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.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹383,000,000.00

Satisfied Charges

₹118,167,231.00

Charges Breakdown by Lending Institutions

  • State Bank Of India : 38.30 Cr

Latest Charge Details

DateLenderAmountStatus
30 Dec 2004State Bank Of India₹38.30 CrOpen
26 Mar 2019Others₹1.05 MSatisfied
30 Oct 2014Axis Bank Limited₹0.67 MSatisfied
27 Feb 2014Axis Bank Limited₹0.48 MSatisfied
07 May 1999The Tamil Nadu Industrial Investment Corpo. Ltd.₹1.00 MSatisfied

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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.

Employee growth trends for Virgo Polymers India Limited

Deals i

Graph showing company valuation over time

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

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 Polymers India

Recent Activity within the Organization

  • Annual General Meeting

    Virgo Polymers India Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • Charges

    A charge with State Bank Of India of Rs. 38.30 Cr registered on 30 Dec 2004 with Charge ID 90308091 was modified on 11 Jun 2025. was recorded as a recent event.

  • Director Appointment

    Progress on Krishnamurthy Murali was appointed as a Company Secretary was appointed as a Company Secretary on 03 Apr 2025 & has been associated with this company since 9 months 14 days . was documented.

  • Balance Sheet

    Virgo Polymers India Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai. was recorded as a recent event.

  • Director Appointment

    The activity Bhavani was appointed as a Cfo was appointed as a Cfo on 10 Aug 2024 & has been associated with this company since 1 year 5 months . was completed.

  • Charges

    Progress on A charge registered on 26 Mar 2019 via Charge ID 100255838 with Others was fully satisfied on 29 Apr 2022. was documented.

Frequently Asked Questions

  • What is the CIN of Virgo Polymers India Limited?

    The CIN of Virgo Polymers India Limited is L25200TN1985PLC011622.

  • Where is Virgo Polymers India Limited headquartered?

    Virgo Polymers India Limited is headquartered at A-1-A, Mmda Industrial Complex Maraimalai Nagar, Chennai, Tamil Nadu, 603209.

  • When was Virgo Polymers India Limited incorporated?

    Virgo Polymers India Limited was incorporated on 05 March 1985.

  • Who are the current directors of Virgo Polymers India Limited?

    The current directors of Virgo Polymers India Limited are

  • What is the primary industry of Virgo Polymers India Limited?

    The primary industry of Virgo Polymers India Limited is Manufacturing.

  • Is Virgo Polymers India Limited a listed company?

    Virgo Polymers India Limited is listed. It is listed on BSE: 531282.

  • What is the capital structure of Virgo Polymers India Limited?

    The authorized capital of Virgo Polymers India Limited is ₹6.00 Cr, and the paid-up capital is ₹3.40 Cr.

  • What is the compliance status of Virgo Polymers India Limited?

    The compliance status of Virgo Polymers India Limited is Compliant.

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