
Vims Minerals & Metals Private Limited
About Vims Minerals & Metals Private Limited
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Vims Minerals & Metals Private Limited is a private limited company based in Visakhapatnam, Andhra Pradesh, India. It operates in the materials retail and distribution segment of the metals and mining sector. It was incorporated on 07 October 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U27100AP2008PTC061332. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.47 Cr. It is led by directors including Renuka Gopalakrishna Ayithamsetty and Peela Lakshmi Kantha.
Its last annual general meeting (AGM) was held on 02 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 103 M K Royale Nowroji Road Maharanipeta, Visakhapatnam, Andhra Pradesh, India – 530002.
As per the financials filed for FY 2019, the company reported a revenue of ₹98.03 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹17.73 Lakh (net margin -18.1%) and EBITDA of ₹9.66 Lakh (EBITDA margin 9.8%). Revenue has grown at a compounded annual rate (CAGR) of 79% over three years.
As per MCA filings, the company has open charges of ₹30 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Vims Minerals & Metals Private Limited's registered office is in Visakhapatnam, Andhra Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address103 M K Royale Nowroji Road Maharanipeta, Visakhapatnam, Andhra Pradesh, India – 530002
- IndustryMetals and Minerals, Materials Retail & Distribution
To see the full contact details of Vims Minerals & Metals 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 Vims Minerals & Metals is mining and quarrying. In detail, this covers other mining & quarrying activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| B | Mining and quarrying | B4 | Other Mining & Quarrying Activities |
To see the full business activity and turnover split of Vims Minerals & Metals Private Limited, buy the company report.
Financials of Vims Minerals & Metals Private Limited
FY 2019 filings availableVims Minerals & Metals Private Limited reported revenue of ₹98.03 Lakh (up 990% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 79% over three years, including 990% growth in the latest year. EBITDA rose 268% 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
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| EBITDA | ₹9.66 Lakh | ||||
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| Net Profit (PAT) | -₹17.73 Lakh | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | |||||
| EBITDA Margin | 9.8% | ||||
| Net Profit Margin | -18.1% | ||||
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To see the full financial statements and ratios of Vims Minerals & Metals Private Limited, buy the company report.
Board of directors of Vims Minerals & Metals Private Limited
Vims Minerals & Metals has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Peela Lakshmi Kantha | Additional Director | 27 Sep 2017 | 9 Years 1 Months | Current |
| Koteswara Rao Aithamsetty | Additional Director | 27 Sep 2017 | 9 Years 1 Months | Current |
| Renuka Gopalakrishna Ayithamsetty | Director | 30 Nov 2018 | 7 Years 11 Months | Current |
Auditor
Vims Minerals & Metals Private Limited is audited by akasam & associates for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| akasam & associates | FY 2017 | 005832S |
Shareholding
The shareholding of Vims Minerals & Metals Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Vims Minerals & Metals Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Sep 2009 | 10177939 | Others | ₹30 Lakh | Open |
To see the full charge records of Vims Minerals & Metals Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Vims Minerals & Metals Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Vims Minerals & Metals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vims Minerals & Metals 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 Vims Minerals & Metals Private Limited, buy the company report.
Recent activity
Vims Minerals & Metals Private Limited has 6 board changes on record since 2017: 3 appointments and 3 cessations. The latest: Renuka Gopalakrishna Ayithamsetty was appointed as Director on 30 Nov 2018.
Frequently asked questions
Vims Minerals & Metals is an active private limited company based in Visakhapatnam, Andhra Pradesh, India. The company works in materials retail and distribution, within the metals and minerals industry. It was incorporated on 07 October 2008 (18+ years old) and is registered under CIN U27100AP2008PTC061332.
Vims Minerals & Metals has 3 current directors:
- Peela Lakshmi Kantha - Additional Director
- Koteswara Rao Aithamsetty - Additional Director
- Renuka Gopalakrishna Ayithamsetty - Director
The latest financial statements of Vims Minerals & Metals on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 02 September 2019. Year-wise statements from 2015 are in the company report.
No. Vims Minerals & Metals has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Vims Minerals & Metals is U27100AP2008PTC061332. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vims Minerals & Metals was incorporated on 07 October 2008, making it 18+ years old. It is registered with the Registrar of Companies, Vijayawada.
Renuka Gopalakrishna Ayithamsetty was appointed as Director on 30 Nov 2018. Indira Viswanath Nalla ceased to be Director on 29 Nov 2018. Madhavi Rokkam ceased to be Director on 29 Nov 2018. Vims Minerals & Metals has 6 board changes on record in total.
The registered office of Vims Minerals & Metals is at 103 M K Royale Nowroji Road Maharanipeta, Visakhapatnam, Andhra Pradesh, India – 530002.
Vims Minerals & Metals operates in the metals and minerals industry, in the materials retail and distribution segment.
Vims Minerals & Metals has open charges of ₹30 Lakh and no satisfied charges on record as per latest MCA filings.

