Khushbu Vinyl Private Limited
About Khushbu Vinyl Private Limited
Data last updated:
Khushbu Vinyl Private Limited is a private limited company based in Halol, Gujarat, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 22 May 1996.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51100GJ1996PTC029716. Its GSTIN is 24AAACK6182G4ZK (Gujarat). The company holds 5 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.5 Cr. It was formerly known as Khushbu Sales Private Limited. It is led by directors including Kaminiben Ghanshyambhai Patel and Ghanshyam Jayantibhai Patel.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Block No. 28 Village Ujeti Baska – Ujeti Road, Halol, Gujarat, India – 389350.
As per the financials filed for FY 2018, the company reported a revenue of ₹50.52 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net loss of ₹8.95 Cr (net margin -17.7%) and EBITDA of -₹1.93 Cr (EBITDA margin -3.8%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years.
The company has about 122 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹113.04 Cr and satisfied charges of ₹21.33 Cr on record. Court records list 42 cases involving the company, including 8 filed by the company and 34 filed against it; 15 cases are pending.
Company details
Contact details
Khushbu Vinyl Private Limited's registered office is in Halol, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressBlock No. 28 Village Ujeti Baska – Ujeti Road, Halol, Gujarat, India – 389350
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of Khushbu Vinyl Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Khushbu Vinyl is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Khushbu Vinyl Private Limited, buy the company report.
Financials of Khushbu Vinyl Private Limited
FY 2018 filings availableKhushbu Vinyl Private Limited reported revenue of ₹50.52 Cr (up 4% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue rose 4% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 13%. EBITDA fell 137% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹50.52 Cr | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹1.93 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹8.95 Cr | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
| Trade Payables | ||||
| Total Liabilities | ||||
| Fixed Assets | ||||
| Investments | ||||
| Inventories | ||||
| Trade Receivables | ||||
| Cash and Bank Balance | ||||
| Total Assets | ||||
Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -3.8% | |||
| Net Profit Margin | -17.7% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
| Debt-to-Equity Ratio | ||||
| Interest Coverage Ratio | ||||
| Efficiency and Growth | ||||
| Asset Turnover | ||||
| Receivable Days | ||||
| Payable Days | ||||
| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Khushbu Vinyl Private Limited, buy the company report.
Board of directors of Khushbu Vinyl Private Limited
Khushbu Vinyl has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jayantilal Joitaram Patel | Additional Director | 15 Jan 2009 | 17 Years 9 Months | As last reported |
| Kaminiben Ghanshyambhai Patel | Director | 16 Jun 2000 | 26 Years 4 Months | As last reported |
| Ghanshyam Jayantibhai Patel | Director | 22 May 1996 | 30 Years 5 Months | As last reported |
Peer comparison
Khushbu Vinyl Private Limited is compared with the 5 companies closest to it by revenue in the Manufacturing industry (Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vision Polymer Private Limited | ₹51.17 Cr (FY 2024) | 0.0% | Panoli, Gujarat, India | |||
| Tirupati Technoplast Private Limited | ₹50.84 Cr (FY 2025) | 69.0% | Pune, Maharashtra, India | |||
| GRG Pipes India Private Limited | ₹50.57 Cr (FY 2025) | -14.0% | Mandi Gobindgarh, Punjab, India | |||
| Khushbu Vinyl Private Limitedthis company | ₹50.52 Cr (FY 2018) | -₹8.95 Cr | -17.7% | 4.0% | Halol, Gujarat, India | |
| Innoweave Packaging Solutions Private Limited | ₹50.27 Cr (FY 2025) | 15.0% | Indore, Madhya Pradesh, India | |||
| Haripack Extrusions (Vidarbha) Private Limited | ₹50.2 Cr (FY 2025) | 21.0% | Nagpur, Maharashtra, India |
To see the full peer comparison of Khushbu Vinyl Private Limited, buy the company report.
Auditor
Khushbu Vinyl Private Limited is audited by S P D & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S P D & CO | FY 2018 | 131310W |
Shareholding
The shareholding of Khushbu Vinyl Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Khushbu Vinyl Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Jun 2015 | 10598406 | Syndicate Bank | ₹40 Cr | Open | |
| 16 Oct 2013 | 10455844 | Intec Capital Limited | ₹2.14 Cr | Open | |
| 15 Dec 2012 | 10393437 | Bank of India | ₹35.45 Cr | Open | |
| 09 Nov 2012 | 10389948 | Bank of India | ₹35.45 Cr | Open | |
| 27 Sep 2011 | 10311465 | Hdfc Bank Limited | ₹70 Lakh | Satisfied |
To see the full charge records of Khushbu Vinyl Private Limited, buy the company report.
Total charge records: 11 View all charges
Legal cases
Khushbu Vinyl Private Limited has 42 court cases on record: 8 filed by Khushbu Vinyl, 34 filed against it. 15 cases are pending and 27 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 37 | 33 | 15 |
| High courts | 3 | 1 | 0 |
| NCLT | 1 | 0 | 0 |
| NCLAT | 1 | 0 | 0 |
Cases on record (5 of 42)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nashik, Maharashtra | Court case (Sum.Civ.Suit) | Filed against the company by M/S S. V. Plastochem Pvt. Ltd. | Pending |
| District court, West, Delhi | Criminal case | Filed against the company by Synergy Polyadditives Pvt Ltd | Pending |
| District court, New Delhi, Delhi | Court case (Cr Cases) | Filed against the company by Ritzy Chemicals Pvt. Ltd. | Pending |
| District court, South East, Delhi | Criminal case | Filed against the company by Intec Capital Ltd | Pending |
| District court, South East, Delhi | Criminal case | Filed against the company by Ms Intec Capital Ltd | Pending |
To see the full case history of Khushbu Vinyl Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Khushbu Vinyl Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Khushbu Vinyl has 5 GST registrations: 1 active and 4 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACK6182G4ZK | Gujarat | Active | 25 Nov 2020 |
To see the full GST registrations and return filing status of Khushbu Vinyl Private Limited, buy the company report.
Recent activity
Khushbu Vinyl Private Limited has 3 board changes on record since 1996: 3 appointments. The latest: Jayantilal Joitaram Patel was appointed as Additional Director on 15 Jan 2009.
17 earlier events are in the company report.
Frequently asked questions
Khushbu Vinyl is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Khushbu Vinyl is a company under liquidation, formerly operating as a private limited company based in Halol, Gujarat, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 22 May 1996 and is registered under CIN U51100GJ1996PTC029716. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Khushbu Vinyl has 3 current directors:
- Jayantilal Joitaram Patel - Additional Director
- Kaminiben Ghanshyambhai Patel - Director
- Ghanshyam Jayantibhai Patel - Director
The latest financial statements of Khushbu Vinyl on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Khushbu Vinyl is U51100GJ1996PTC029716. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Khushbu Vinyl has open charges of ₹113.04 Cr and satisfied charges of ₹21.33 Cr as per latest MCA filings.
Khushbu Vinyl has 42 court cases on record: 8 filed by the company and 34 filed against it. 15 are pending. Most are in the district courts.
Khushbu Vinyl was incorporated on 22 May 1996. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Khushbu Vinyl by revenue are Vision Polymer Private Limited, Tirupati Technoplast Private Limited, GRG Pipes India Private Limited, Innoweave Packaging Solutions Private Limited, Haripack Extrusions (Vidarbha) Private Limited, all in the Manufacturing industry (Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Jayantilal Joitaram Patel was appointed as Additional Director on 15 Jan 2009. Kaminiben Ghanshyambhai Patel was appointed as Director on 16 Jun 2000. Ghanshyam Jayantibhai Patel was appointed as Director on 22 May 1996.
The registered office of Khushbu Vinyl is at Block No. 28 Village Ujeti Baska – Ujeti Road, Halol, Gujarat, India – 389350.