About Villmar Agro Polymers Private Limited
Data last updated:
Villmar Agro Polymers Private Limited is a private limited company based in Kakinada, Andhra Pradesh, 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 17 December 2014.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U24132AP2014PTC095852. Its GSTIN is 37AAECV9804E1Z6 (Andhra Pradesh).
The company has an authorised share capital of ₹3.6 Cr and a paid-up capital of ₹2.5 Cr. It is led by directors Jagadees Kovurri and Seshayi Kovvuri.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at 25 – 5 – 16 F2 Vinukondavari Street, Kakinada, Andhra Pradesh, India – 533001.
As per the financials filed for FY 2017, the company reported a revenue of ₹7.64 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹6,949 (net margin 0.9%) and EBITDA of ₹10,057 (EBITDA margin 1.3%).
As per MCA filings, the company has open charges of ₹6.84 Cr on record. Court records list 11 cases involving the company, including 8 filed by the company and 4 filed against it. The company has 1 deal on record (1 funding round), with disclosed funding of ₹2.49 Cr; the latest was in January 2018.
The last known website on record is villmargroup.com.
Company details
Contact details
Villmar Agro Polymers Private Limited's registered office is in Kakinada, Andhra Pradesh. Its website is villmargroup.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address25 – 5 – 16 F2 Vinukondavari Street, Kakinada, Andhra Pradesh, India – 533001
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of Villmar Agro Polymers 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
Financials of Villmar Agro Polymers Private Limited
FY 2017 filings availableVillmar Agro Polymers Private Limited reported revenue of ₹7.64 Lakh (up 322% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 322% in the latest year. EBITDA rose 34% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹7.64 Lakh | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹10,057 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹6,949 | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 1.3% | ||
| Net Profit Margin | 0.9% | ||
| 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 Villmar Agro Polymers Private Limited, buy the company report.
Board of directors of Villmar Agro Polymers Private Limited
Villmar Agro Polymers has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jagadees Kovurri | Director | 20 Sep 2022 | 4 Years 1 Months | As last reported |
| Seshayi Kovvuri | Director | 17 Dec 2014 | 11 Years 10 Months | As last reported |
Auditor
Villmar Agro Polymers Private Limited is audited by S S REDDY & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S S REDDY & CO | FY 2017 | 011525S |
Shareholding
The shareholding of Villmar Agro Polymers Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Villmar Agro Polymers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Aug 2017 | 100127746 | Others | ₹6.84 Cr | Open |
Total charge records: 1 View all charges
Deals & funding
Villmar Agro Polymers Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹2.49 Cr; the latest was in January 2018.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2018 | Funding round | ₹2.49 Cr | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Villmar Agro Polymers Private Limited has 11 court cases on record: 8 filed by Villmar Agro Polymers, 4 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 1 | 0 |
| NCLT | 3 | 3 | 0 |
| NCLAT | 2 | 0 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, NCLT Amaravati | Interim or miscellaneous application | Filed against the company by SPC Fab Private Limited | Disposed |
| NCLT, NCLT Amaravati | Insolvency matter | Filed against the company by SPC Fab Private Limited | Disposed |
| NCLAT, Company Appeal(AT)(Ins) | Insolvency matter | Filed by the company against Spcfabprivatelimited | Disposed |
| NCLAT, NCLAT Chennai | Interim or miscellaneous application | Filed by the company against Spcfabprivatelimited | Disposed |
| NCLT, NCLT Amaravati | Insolvency matter | Filed against the company by Villmar Agro Polymers Private Limited | Disposed |
To see the full case history of Villmar Agro Polymers 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 Villmar Agro Polymers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Villmar Agro Polymers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAECV9804E1Z6 | Andhra Pradesh | Active | 11 May 2018 |
To see the full GST registrations and return filing status of Villmar Agro Polymers Private Limited, buy the company report.
Recent activity
Villmar Agro Polymers Private Limited has 8 board changes on record since 2014: 2 appointments and 6 cessations. The latest: Jagadees Kovurri was appointed as Director on 20 Sep 2022.
Frequently asked questions
Villmar Agro Polymers 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.
Villmar Agro Polymers is a company under liquidation, formerly operating as a private limited company based in Kakinada, Andhra Pradesh, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 17 December 2014 and is registered under CIN U24132AP2014PTC095852. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Villmar Agro Polymers has 2 current directors:
- Jagadees Kovurri - Director
- Seshayi Kovvuri - Director
The latest financial statements of Villmar Agro Polymers on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Villmar Agro Polymers is U24132AP2014PTC095852. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Villmar Agro Polymers has open charges of ₹6.84 Cr and no satisfied charges on record as per latest MCA filings.
Villmar Agro Polymers has 11 court cases on record: 8 filed by the company and 4 filed against it. Most are in the high courts.
Villmar Agro Polymers was incorporated on 17 December 2014. It is registered with the Registrar of Companies, Vijayawada.
Villmar Agro Polymers has 1 deal on record (1 funding round), with disclosed funding of ₹2.49 Cr; the latest was in January 2018.
Jagadees Kovurri was appointed as Director on 20 Sep 2022. Sailakshmi Garry ceased to be Managing Director on 20 Sep 2022. Srinivasa Rao Garre ceased to be Managing Director on 14 Sep 2022. Villmar Agro Polymers has 8 board changes on record in total.
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