Vimko Synthetics Private Limited
About Vimko Synthetics Private Limited
Data last updated:
Vimko Synthetics Private Limited was a private limited company based in Ahmedabad, Gujarat, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 24 May 1990.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17110GJ1990PTC013805. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.64 Cr.
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 was at B – 9 Maskati Market Sakar Bazar, Ahmedabad, Gujarat, India.
As per the financials filed for FY 2018, the company reported a revenue of ₹27.63 Lakh, a decline of 37% compared to the previous year. For the same year it recorded a net profit of ₹18.49 Lakh (net margin 66.9%) and EBITDA of ₹25.49 Lakh (EBITDA margin 92.2%). Revenue has declined at a compounded annual rate (CAGR) of 84% over three years.
As per MCA filings, the company has satisfied charges of ₹3.14 Cr on record. Court records list 21 cases involving the company, including 21 filed by the company.
Company details
Contact details
Vimko Synthetics Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressB – 9 Maskati Market Sakar Bazar, Ahmedabad, Gujarat, India
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Vimko Synthetics 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 Vimko Synthetics is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Vimko Synthetics Private Limited, buy the company report.
Financials of Vimko Synthetics Private Limited
FY 2018 filings availableVimko Synthetics Private Limited reported revenue of ₹27.63 Lakh (down 37% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 84% over three years, including a 37% fall in the latest year. EBITDA rose 20% 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 | ||||
| Other Income | ||||
| Total Revenue | ₹27.63 Lakh | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹25.49 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹18.49 Lakh | |||
| 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 | 92.2% | |||
| Net Profit Margin | 66.9% | |||
| 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 Vimko Synthetics Private Limited, buy the company report.
Board of directors of Vimko Synthetics Private Limited
Vimko Synthetics has 6 former directors on record and no current directors listed.
Auditor
Vimko Synthetics Private Limited is audited by BHADRESH R SHAH & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BHADRESH R SHAH & ASSOCIATES | FY 2018 | 101097W |
Shareholding
The shareholding of Vimko Synthetics 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 Vimko Synthetics Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Oct 2011 | 10316513 | Ing Vysya Bank Limited | ₹3.1 Cr | Satisfied | |
| 26 Jul 1990 | 90108669 | Bank of Baroda | ₹4 Lakh | Satisfied |
To see the full charge records of Vimko Synthetics Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Vimko Synthetics Private Limited has 21 court cases on record: 21 filed by Vimko Synthetics. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 21 | 0 | 0 |
Cases on record (5 of 21)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Commercial matter | Filed by the company against M/S. Laxman Enterprise, Regd. Firm Mr. Ajaybhai Parshottambhai Prop. | Disposed |
| District court, Ahmedabad, Gujarat | Court case (PRCPT) | Filed by the company against M/S. Shiv Garments A Firm, Mahipatbhai Proprietor | Disposed |
| District court, Ahmedabad, Gujarat | Court case (PRCPT) | Filed by the company against M/S. Bhavani Textile Named A Firm, Pradeepbhaiji Talreja, Proprietor | Disposed |
| District court, Ahmedabad, Gujarat | Court case (SMST R) | Filed by the company against M/S M.B Trading Co. Its Proprietor Sheth Shri Mukeshbhaiji | Disposed |
| District court, Ahmedabad, Gujarat | Court case (SMST R) | Filed by the company against M/S. Laxman Enterprise, Regd. Firm Mr. Ajaybhai Parshottambhai Prop. | Disposed |
To see the full case history of Vimko Synthetics 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 Vimko Synthetics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vimko Synthetics has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Vimko Synthetics Private Limited, buy the company report.
Recent activity
Vimko Synthetics Private Limited has 6 board changes on record since 2019: 0 appointments and 6 cessations. The latest: Anilkumar Babulal Virvadiya ceased to be Director on 17 Mar 2019.
2 earlier events are in the company report.
Frequently asked questions
Vimko Synthetics has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Vimko Synthetics was a private limited company based in Ahmedabad, Gujarat, India. The company worked in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 24 May 1990 and is registered under CIN U17110GJ1990PTC013805. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Vimko Synthetics is U17110GJ1990PTC013805. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vimko Synthetics was incorporated on 24 May 1990. It is registered with the Registrar of Companies, Ahmedabad.
The registered office of Vimko Synthetics is at B – 9 Maskati Market Sakar Bazar, Ahmedabad, Gujarat, India.
The latest financial statements of Vimko Synthetics 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.
No. Vimko Synthetics has 1 GST registration on record and it is cancelled or inactive.
Vimko Synthetics operated in the home and lifestyle industry, in the textile retail and distribution segment.
Vimko Synthetics has 21 court cases on record: 21 filed by the company.
Anilkumar Babulal Virvadiya ceased to be Director on 17 Mar 2019. Ankit Maheshkumar Virvadiya ceased to be Director on 17 Mar 2019. Babulal Virchandbhai Virvadiya ceased to be Director on 17 Mar 2019. Vimko Synthetics has 6 board changes on record in total.