About Vimla Fuels & Metals Limited
Data last updated:
Vimla Fuels & Metals Limited is a public limited company based in Bhachau, Gujarat, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the other metals and minerals segment of the metals and mining sector. It was incorporated on 12 February 2016.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U19100GJ2016PLC117533. Its GSTIN is 24AAFCV4427L1Z4 (Gujarat). The company holds 5 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹24.75 Cr and a paid-up capital of ₹21.41 Cr. It is led by directors including Sanjay Kumar Agrawal (Managing Director) and Sachin Kumar Agrawal (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Survey No. 522 Bhachau‐Bhuj Highway Village – Shikra, Gujarat, India – 370140.
As per the financials filed for FY 2023, the company reported a revenue of ₹718.74 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹42.57 Cr (net margin 5.9%) and EBITDA of ₹64.99 Cr (EBITDA margin 9%). Revenue has grown at a compounded annual rate (CAGR) of 73% over three years.
The company has about 15 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹221.36 Cr on record. Court records list 16 cases involving the company, including 1 filed by the company and 15 filed against it; 7 cases are pending. The company has 4 deals on record (2 rights issues, 1 secondary share transfer, 1 funding round), with disclosed funding of ₹31.3 Cr; the latest was in March 2024. Its 7 peer companies in the Metals and Minerals industry (Metals, Other Minerals), with the same principal business activity (coke and refined petroleum products) are compared by revenue, 3 larger and 4 smaller; the largest is Oswal Smelters Private Limited with revenue of ₹753.99 Cr.
The last known website on record is vimlafuels.com.
Company details
CIN history
Vimla Fuels & Metals has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U19100GJ2016PLC117533, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U19100GJ2016PLC117533 | Current |
| U51900CT2016PTC002127 | Previous |
| U51900GJ2016PLC117533 | Previous |
| U51900GJ2016PTC117533 | Previous |
Contact details
Vimla Fuels & Metals Limited's registered office is in Bhachau, Gujarat.
- Registered AddressSurvey No. 522 Bhachau‐Bhuj Highway Village – Shikra, Gujarat, India – 370140
- IndustryMetals and Minerals, Other Metals & Minerals
- 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 Vimla Fuels & Metals Limited
FY 2023 filings availableVimla Fuels & Metals Limited reported revenue of ₹718.74 Cr (up 7% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 73% over three years, including 7% growth in the latest year. EBITDA rose 8% 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 | ₹718.74 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹64.99 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹42.57 Cr | ||||
| Balance Sheet | |||||
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| 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 | 9% | ||||
| Net Profit Margin | 5.9% | ||||
| 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 Vimla Fuels & Metals Limited, buy the company report.
Board of directors of Vimla Fuels & Metals Limited
Vimla Fuels & Metals has 4 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sachin Kumar Agrawal | Whole-Time Director | 12 Feb 2016 | 10 Years 8 Months | As last reported |
| Subrat Kumar Sahoo | Director | 02 Sep 2024 | 2 Years 1 Months | As last reported |
| Sanjay Kumar Agrawal | Managing Director | 12 Feb 2016 | 10 Years 8 Months | As last reported |
| Yogendra Singh | Director | 02 Sep 2024 | 2 Years 1 Months | As last reported |
Peer comparison
Vimla Fuels & Metals Limited is compared with the 7 companies closest to it by revenue in the Metals and Minerals industry (Metals, Other Minerals), with the same principal business activity (coke and refined petroleum products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Oswal Smelters Private Limited | ₹753.99 Cr (FY 2025) | 58.0% | Bangalore, Karnataka, India | |||
| Ardee Industries Limited | ₹743.53 Cr (FY 2025) | 60.0% | New Delhi, Delhi, India | |||
| Mercure Metals and Alloys Private Limited | ₹721.82 Cr (FY 2025) | 29.0% | Mumbai, Maharashtra, India | |||
| Vimla Fuels & Metals Limitedthis company | ₹718.74 Cr (FY 2023) | ₹42.57 Cr | 5.9% | 7.0% | Bhachau, Gujarat, India | |
| S. Poddar International (India) Private Limited | ₹718.68 Cr (FY 2025) | 12.0% | Gandhidham, Gujarat, India | |||
| Copprrod Industries Private Limited | ₹718.04 Cr (FY 2024) | 11.0% | Tumkur, Karnataka, India | |||
| Bhumi Electro India Private Limited | ₹711.09 Cr (FY 2025) | 60.0% | Chhatral, Gujarat, India | |||
| Shree Metals (Mujbi ) Private Limited | ₹707.52 Cr (FY 2025) | 22.0% | Bhandara, Maharashtra, India |
To see the full peer comparison of Vimla Fuels & Metals Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jul 2024 | 100954773 | Others | ₹5.8 Cr | Open | |
| 28 Feb 2023 | 100690475 | Others | ₹66.2 Cr | Open | |
| 20 Jun 2018 | 100187890 | State Bank of India | ₹74.68 Cr | Open | |
| 19 Jun 2018 | 100187889 | State Bank of India | ₹74.68 Cr | Open |
To see the full charge records of Vimla Fuels & Metals Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Vimla Fuels & Metals Limited has 4 deals on record (2 rights issues, 1 secondary share transfer, 1 funding round), with disclosed funding of ₹31.3 Cr; the latest was in March 2024.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Funding round | ₹31.3 Cr | Investors: Mos Utility Limited , Econo Trading Investment Private Limited, Compact Structure Fund |
| Mar 2020 | Rights issue | ₹15 Cr | Investors: an individual |
| Jan 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jun 2018 | Rights issue | ₹3.99 Cr | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Vimla Fuels & Metals Limited has 16 court cases on record: 1 filed by Vimla Fuels & Metals, 15 filed against it. 7 cases are pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 10 | 6 |
| NCLAT | 4 | 4 | 0 |
| Supreme Court | 2 | 1 | 1 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, kachchh at Bhuj, Gujarat | Criminal miscellaneous application | Filed against the company by M/S Narayani Coke Pvt Ltd Through Pawan More | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMARY CASE) | Filed against the company by Mukund Security and Investment Ltd. | Disposed |
| District court, Chennai, Tamil Nadu | Court case (COS) | Filed against the company by M/S. Credavenue Private Limited | Disposed |
| Supreme Court | Court case (R.P.(Crl.)) | Filed against the company by an individual | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMARY CASE) | Filed against the company by Sbi Global Factors Limited. | Pending |
To see the full case history of Vimla Fuels & Metals 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.
Credit ratings & regulatory alerts
Vimla Fuels & Metals Limited was last rated by Care on 18 Jan 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 18 Jan 2023 |
To see the full credit ratings and regulatory alerts of Vimla Fuels & Metals Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Vimla Fuels & Metals Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vimla Fuels & Metals has 5 GST registrations: 4 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCV4427L1Z4 | Gujarat | Active | 15 Sep 2017 |
| 24AAFCV4427L2Z3 | Gujarat | Active | 27 Oct 2023 |
| 22AAFCV4427L1Z8 | Chattisgarh | Active | 17 Jul 2017 |
| 21AAFCV4427L1ZA | Odisha | Active | 11 Oct 2021 |
To see the full GST registrations and return filing status of Vimla Fuels & Metals Limited, buy the company report.
Recent activity
Vimla Fuels & Metals Limited has 12 board changes on record since 2016: 4 appointments and 8 cessations. The latest: Rakhi Agrawal ceased to be Director on 06 Feb 2025.
10 earlier events are in the company report.
Frequently asked questions
Vimla Fuels & Metals is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Vimla Fuels & Metals is a company under insolvency, formerly operating as a public limited company based in Bhachau, Gujarat, India. The company works in other metals and minerals, within the metals and minerals industry. It was incorporated on 12 February 2016 and is registered under CIN U19100GJ2016PLC117533. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Vimla Fuels & Metals has 4 current directors:
- Sanjay Kumar Agrawal - Managing Director
- Sachin Kumar Agrawal - Whole-Time Director
- Subrat Kumar Sahoo - Director
- Yogendra Singh - Director
The latest financial statements of Vimla Fuels & Metals on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2016 are in the company report.
The CIN (Corporate Identification Number) of Vimla Fuels & Metals is U19100GJ2016PLC117533. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vimla Fuels & Metals has open charges of ₹221.36 Cr and no satisfied charges on record as per latest MCA filings.
Vimla Fuels & Metals has 16 court cases on record: 1 filed by the company and 15 filed against it. 7 are pending. Most are in the district courts.
Vimla Fuels & Metals was incorporated on 12 February 2016. It is registered with the Registrar of Companies, Ahmedabad.
Vimla Fuels & Metals has 4 deals on record (2 rights issues, 1 secondary share transfer, 1 funding round), with disclosed funding of ₹31.3 Cr; the latest was in March 2024.
The peers of Vimla Fuels & Metals by revenue are Oswal Smelters Private Limited, Ardee Industries Limited, Mercure Metals and Alloys Private Limited, S. Poddar International (India) Private Limited, Copprrod Industries Private Limited and 2 more, all in the Metals and Minerals industry (Metals, Other Minerals), with the same principal business activity (coke and refined petroleum products).
Rakhi Agrawal ceased to be Director on 06 Feb 2025. Sk Md Maruf ceased to be Director on 04 Dec 2024. Subrat Kumar Sahoo was appointed as Director on 02 Sep 2024. Vimla Fuels & Metals has 12 board changes on record in total.