About Virgo Boards Limited
Data last updated:
Virgo Boards Limited was a public limited company based in Chandigarh, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the wood products and mdf segment of the manufacturing sector. It was incorporated on 19 May 1999.
The company was registered with the Registrar of Companies (ROC), Chandigarh, under CIN U20211CH1999PLC042507. Its GSTIN is 06AABCV1906E1ZR (Haryana). The company held 2 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.37 Cr. It was led by directors including Bishamber Dass and Surinder Pal.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at 828 Ia Ph II, Chandigarh, India – 160002.
As per the financials filed for FY 2019, the company reported a revenue of ₹82.15 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹6.14 Cr (net margin 7.5%) and EBITDA of ₹10.85 Cr (EBITDA margin 13.2%).
As per MCA filings, the company had satisfied charges of ₹71.87 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
The last known website on record is virgogroup.in.
Company details
CIN history
Virgo Boards has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U20211CH1999PLC042507, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U20211CH1999PLC042507 | Current |
| U20211PB1999PLC022587 | Previous |
| U20211DL1999PLC251262 | Previous |
Contact details
Virgo Boards Limited's registered office is in Chandigarh, Chandigarh. Its website is virgogroup.in. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address828 Ia Ph II, Chandigarh, India – 160002
- IndustryManufacturing, Wood Products & MDF
To see the full contact details of Virgo Boards 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 Virgo Boards is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products |
To see the full business activity and turnover split of Virgo Boards Limited, buy the company report.
Financials of Virgo Boards Limited
FY 2019 filings availableVirgo Boards Limited reported revenue of ₹82.15 Cr (up 16% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue rose 16% in the latest year. EBITDA rose 6% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹82.15 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹10.85 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6.14 Cr | ||||
| 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.2% | ||||
| Net Profit Margin | 7.5% | ||||
| 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 Virgo Boards Limited, buy the company report.
Board of directors of Virgo Boards Limited
Virgo Boards has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bishamber Dass | Director | 05 Jan 2015 | 11 Years 9 Months | As last reported |
| Surinder Pal Also directs: Delhi Pride Industries LLP, Glamiva Overseas Private Limited, Virgo Laminates Limited and 5 more | Director | 14 Mar 2015 | 11 Years 7 Months | As last reported |
| Tilak Raj Also directs: Delhi Pride Industries LLP, Glamiva Overseas Private Limited, Virgo Laminates Limited and 5 more | Director | 14 Mar 2015 | 11 Years 7 Months | As last reported |
| Parveen Kumar Also directs: Delhi Pride Industries LLP, Glamiva Overseas Private Limited, Virgo Laminates Limited and 5 more | Director | 11 Apr 2007 | 19 Years 6 Months | As last reported |
Peer comparison
Virgo Boards Limited is compared with the 3 companies closest to it by revenue in the Manufacturing industry (Wood, MDF, Particle Board and Plywood), with the same principal business activity (wood and wood products, furniture, paper and paper products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Paam Commercial Private Limited | ₹82.66 Cr (FY 2025) | 6.0% | Hyderabad, Telangana, India | |||
| Virgo Boards Limitedthis company | ₹82.15 Cr (FY 2019) | ₹6.14 Cr | 7.5% | 16.0% | Chandigarh, India | |
| Tirupati Tradelinks Private Limited | ₹81.96 Cr (FY 2024) | -3.0% | New Delhi, Delhi, India | |||
| Jai Shiv Plywood Private Limited | ₹81.8 Cr (FY 2025) | 0.0% | New Delhi, Delhi, India |
To see the full peer comparison of Virgo Boards Limited, buy the company report.
Auditor
Virgo Boards Limited is audited by N KUMAR CHHABRA & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N KUMAR CHHABRA & CO | FY 2019 | 000837N |
Shareholding
The shareholding of Virgo Boards Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Virgo Boards Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Mar 2010 | 10212311 | Oriental Bank of Commerce | ₹70.37 Cr | Satisfied | |
| 27 Feb 2007 | 10041842 | Oriental Bank of Commerce | ₹1.5 Cr | Satisfied |
To see the full charge records of Virgo Boards Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Virgo Boards Limited has 2 court cases on record: 2 filed by Virgo Boards. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chandigarh | Cheque dishonour complaint | Filed by the company against M/S Sai Traders and 1 other | Disposed |
| District court, Chandigarh | Cheque dishonour complaint | Filed by the company against M/S Dhiman Aluminium and Decoration and 1 other | Disposed |
To see the full case history of Virgo Boards 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
Virgo Boards Limited was last rated by Icra on 04 Nov 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 04 Nov 2019 |
To see the full credit ratings and regulatory alerts of Virgo Boards Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Virgo Boards Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Virgo Boards has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AABCV1906E1ZR | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Virgo Boards Limited, buy the company report.
Recent activity
Virgo Boards Limited has 12 board changes on record since 2007: 4 appointments and 8 cessations. The latest: Parveen Kumar ceased to be Director on 01 Jun 2018.
9 earlier events are in the company report.
Frequently asked questions
Virgo Boards has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Virgo Boards was a public limited company based in Chandigarh, India. The company worked in wood products and mdf, within the manufacturing industry. It was incorporated on 19 May 1999 and is registered under CIN U20211CH1999PLC042507. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Virgo Boards was incorporated on 19 May 1999. It is registered with the Registrar of Companies, Chandigarh.
Virgo Boards had 4 directors:
- Bishamber Dass - Director
- Surinder Pal - Director
- Tilak Raj - Director
- Parveen Kumar - Director
The CIN (Corporate Identification Number) of Virgo Boards is U20211CH1999PLC042507. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Virgo Boards is at 828 Ia Ph II, Chandigarh, India – 160002.
Virgo Boards can be reached through the website virgogroup.in. Its registered office is in Chandigarh, India.
The latest financial statements of Virgo Boards on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Virgo Boards is 06AABCV1906E1ZR, registered in Haryana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
Virgo Boards operated in the manufacturing industry, in the wood products and mdf segment.
The peers of Virgo Boards by revenue are Paam Commercial Private Limited, Tirupati Tradelinks Private Limited, Jai Shiv Plywood Private Limited, all in the Manufacturing industry (Wood, MDF, Particle Board and Plywood), with the same principal business activity (wood and wood products, furniture, paper and paper products).
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