About Vimal Barrels Private Limited
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Vimal Barrels Private Limited is a private limited company based in Khatraj, Gujarat, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 23 September 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U20203GJ1998PTC034704. Its GSTIN is 24AAACV8259M1ZT (Gujarat).
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹70 Lakh. It is led by directors Nandaben Prakashbhai Sheth and Saiyam Prakash Sheth.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Block No. 70 Khatraj Char Rasta Village Khatraj Tal, . Kalol, Gujarat, India – 382721.
As per the financials filed for FY 2023, the company reported a revenue of ₹25.47 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net profit of ₹58.32 Lakh (net margin 2.3%) and EBITDA of ₹3.14 Cr (EBITDA margin 12.3%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 2% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Vimal Barrels. As per MCA filings, the company has open charges of ₹11.74 Cr and satisfied charges of ₹3.32 Cr on record. Court records list 5 cases involving the company, including 1 filed by the company and 4 filed against it. The company has 2 deals on record (2 secondary share transfers); the latest was in March 2023.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vimalbarrels.com.
Company details
Contact details
Vimal Barrels Private Limited's registered office is in Khatraj, Gujarat. Its website is vimalbarrels.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressBlock No. 70 Khatraj Char Rasta Village Khatraj Tal, . Kalol, Gujarat, India – 382721
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Vimal Barrels 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
Brands
Vimal Barrels operates one associated brand: Vimal Barrels. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of barrels and drums using advanced technologies in Gujarat. | vimalbarrels.com |
Financials of Vimal Barrels Private Limited
FY 2024 filings availableVimal Barrels Private Limited reported revenue of ₹25.47 Cr (down 17% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 17% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA rose 16% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹25.47 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.14 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹58.32 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.3% | ||||
| Net Profit Margin | 2.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Vimal Barrels Private Limited, buy the company report.
Board of directors of Vimal Barrels Private Limited
Vimal Barrels has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nandaben Prakashbhai Sheth | Director | 29 Jul 2002 | 24 Years 2 Months | Current |
| Saiyam Prakash Sheth | Director | 23 Sep 1998 | 28 Years 1 Months | Current |
Auditor
Vimal Barrels Private Limited is audited by R.B. SANGHVI & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R.B. SANGHVI & CO. | FY 2023 | 044085 |
Shareholding
The shareholding of Vimal Barrels Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Vimal Barrels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Feb 2021 | 100424520 | Axis Bank Limited | ₹30.24 Lakh | Open | |
| 18 Aug 2020 | 100398876 | Axis Bank Limited | ₹1.59 Cr | Open | |
| 05 Oct 2012 | 10384113 | Axis Bank Limited | ₹9.85 Cr | Open | |
| 30 Jul 2008 | 10122453 | Ing Vysya Bank Limited | ₹2.37 Cr | Satisfied | |
| 29 May 2006 | 10008761 | Andhra Bank | ₹44.51 Lakh | Satisfied |
To see the full charge records of Vimal Barrels Private Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Vimal Barrels Private Limited has 2 deals on record (2 secondary share transfers); the latest was in March 2023.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: V B Sheth Family Trust, an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Vimal Barrels Private Limited has 5 court cases on record: 1 filed by Vimal Barrels, 4 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 4 | 0 |
Cases on record (3 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against M J Brothers and Indstrial and 2 others | Disposed |
| District court, GANDHINAGAR, Gujarat | Court case (AGRMNT LC) | Filed against the company by an individual | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
To see the full case history of Vimal Barrels 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 Vimal Barrels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Vimal Barrels Private Limited has a workforce of 6 employees on its EPFO records as of Sep 24, 2025, across 1 active EPFO establishment.
GST
Vimal Barrels has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACV8259M1ZT | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vimal Barrels Private Limited, buy the company report.
Recent activity
Vimal Barrels Private Limited has 3 board changes on record since 1998: 2 appointments and 1 cessation. The latest: Prakash Babulal Sheth ceased to be Director on 12 Mar 2012.
8 earlier events are in the company report.
Frequently asked questions
Vimal Barrels is an active private limited company based in Khatraj, Gujarat, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 23 September 1998 (28+ years old) and is registered under CIN U20203GJ1998PTC034704.
Vimal Barrels has 2 current directors:
- Nandaben Prakashbhai Sheth - Director
- Saiyam Prakash Sheth - Director
The latest financial statements of Vimal Barrels on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Vimal Barrels is 24AAACV8259M1ZT, registered in Gujarat.
The CIN (Corporate Identification Number) of Vimal Barrels is U20203GJ1998PTC034704. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vimal Barrels has 5 court cases on record: 1 filed by the company and 4 filed against it.
Vimal Barrels was incorporated on 23 September 1998, making it 28+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Vimal Barrels has 2 deals on record (2 secondary share transfers); the latest was in March 2023.
Prakash Babulal Sheth ceased to be Director on 12 Mar 2012. Nandaben Prakashbhai Sheth was appointed as Director on 29 Jul 2002. Saiyam Prakash Sheth was appointed as Director on 23 Sep 1998.
Vimal Barrels can be reached through the website vimalbarrels.com. Its registered office is in Khatraj, Gujarat, India.