Virgo Polymers India Profile
Key Indicators
- Authorised Capital ₹ 6.00 Cr
- Paid Up Capital ₹ 3.40 Cr
- Company Age 39 Year, 11 Months
- 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 39 years and 11 months. 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
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
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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)
₹35.04 Cr
₹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.
