Vegan Colloids Limited
About Vegan Colloids Limited
Data last updated:
Vegan Colloids Limited is a public limited company based in Haryana, 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 agricultural support and advisory segment of the agriculture sector. It was incorporated on 02 March 1998.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74999HR1998PLC035357. Its GSTIN is 08AABCP4616R1ZX (Rajasthan).
The company has an authorised share capital of ₹60 Cr and a paid-up capital of ₹52.95 Cr. It was formerly known as Paras Hydrocolloids Ltd. It is led by directors including Kamini Jindal (Managing Director) and Bimla Devi Jindal.
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 Siwani, Haryana, India.
As per the financials filed for FY 2018, the company reported a revenue of ₹41.07 Cr, a decline of 40% compared to the previous year. For the same year it recorded a net loss of ₹11.22 Cr (net margin -27.3%) and EBITDA of -₹2.71 Cr (EBITDA margin -6.6%). Revenue has declined at a compounded annual rate (CAGR) of 42% over three years and 36% over five years.
As per MCA filings, the company has open charges of ₹60 Cr and satisfied charges of ₹15.75 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company; 1 case is pending.
Company details
CIN history
Vegan Colloids has one previous CIN (Corporate Identification Number): U74999HR2004PLC035357. The current CIN is U74999HR1998PLC035357, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999HR1998PLC035357 | Current |
| U74999HR2004PLC035357 | Previous |
Contact details
Vegan Colloids Limited's registered office is in Haryana. Its e-mail address is in the company report.
- Email
- Registered AddressSiwani, Haryana, India
- IndustryAgriculture, Agri Support Services
To see the full contact details of Vegan Colloids 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
Financials of Vegan Colloids Limited
FY 2018 filings availableVegan Colloids Limited reported revenue of ₹41.07 Cr (down 40% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 36% over five years, including a 40% fall 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 | ₹41.07 Cr | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹2.71 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹11.22 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 | -6.6% | |||
| Net Profit Margin | -27.3% | |||
| 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 Vegan Colloids Limited, buy the company report.
Board of directors of Vegan Colloids Limited
Vegan Colloids has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kamini Jindal | Managing Director | 31 Jul 2015 | 11 Years 3 Months | As last reported |
| Bimla Devi Jindal | Director | 31 Jul 2015 | 11 Years 3 Months | As last reported |
| Bajrang Dass Aggarwal | Director | 31 Jul 2015 | 11 Years 3 Months | As last reported |
Auditor
Vegan Colloids Limited is audited by YOGESH MAHIPAL & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| YOGESH MAHIPAL & ASSOCIATES | FY 2018 | 030845N |
Shareholding
The shareholding of Vegan Colloids 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 Vegan Colloids Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Dec 2011 | 10330490 | Bank of India | ₹30 Cr | Open | |
| 22 Sep 2008 | 10163393 | Punjab National Bank | ₹30 Cr | Open | |
| 01 Dec 2009 | 10190850 | Punjab National Bank | ₹1.5 Cr | Satisfied | |
| 09 Apr 2007 | 10047060 | Punjab National Bank | ₹3.25 Cr | Satisfied | |
| 16 Feb 2004 | 90050407 | Corporation Bank | ₹11 Cr | Satisfied |
To see the full charge records of Vegan Colloids Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Vegan Colloids Limited has 3 court cases on record: 3 filed by Vegan Colloids. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 1 |
| Supreme Court | 1 | 0 | 0 |
| NCLAT | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed by the company against State and Ors | Pending |
| NCLAT, Chairperson Court | Tribunal matter | Filed by the company against Punjab National Bank & Ors and 2 others | Disposed |
| Supreme Court | Court case (0427-Indirect Taxes Matters : Import/Export Policy) | Filed by the company against Union of India Ministry of Commerce and Industries Department of Commerce Secretary General Secretary General Udyog Bhawan, , District: New Delhi ,Central * , Delhi and 4 others | Disposed |
To see the full case history of Vegan Colloids 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 Vegan Colloids Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Vegan Colloids has 1 associated company. This group structure data is as of FY 2018. The table lists each entity with its relationship and holding.
GST
Vegan Colloids has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AABCP4616R1ZX | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vegan Colloids Limited, buy the company report.
Recent activity
Vegan Colloids Limited has 10 board changes on record since 2009: 3 appointments and 7 cessations. The latest: Bajrang Dass Aggarwal ceased to be Additional Director on 30 Sep 2015.
12 earlier events are in the company report.
Frequently asked questions
Vegan Colloids 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.
Vegan Colloids is a company under liquidation, formerly operating as a public limited company based in Haryana, India. The company works in agri support services, within the agriculture industry. It was incorporated on 02 March 1998 and is registered under CIN U74999HR1998PLC035357. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Vegan Colloids has 3 current directors:
- Kamini Jindal - Managing Director
- Bimla Devi Jindal - Director
- Bajrang Dass Aggarwal - Director
The latest financial statements of Vegan Colloids 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 Vegan Colloids is U74999HR1998PLC035357. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vegan Colloids has open charges of ₹60 Cr and satisfied charges of ₹15.75 Cr as per latest MCA filings.
Vegan Colloids has 3 court cases on record: 3 filed by the company. 1 is pending. Most are in the high courts.
Vegan Colloids was incorporated on 02 March 1998. It is registered with the Registrar of Companies, Delhi.
Bajrang Dass Aggarwal ceased to be Additional Director on 30 Sep 2015. Kamini Jindal ceased to be Additional Director on 30 Sep 2015. Jitender Kumar ceased to be Director on 06 Aug 2015. Vegan Colloids has 10 board changes on record in total.
The registered office of Vegan Colloids is at Siwani, Haryana, India.
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