About Virgo Decors Private Limited
Data last updated:
Virgo Decors Private Limited was a private 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 paper segment of the packaging sector. It was incorporated on 16 September 2006.
The company was registered with the Registrar of Companies (ROC), Chandigarh, under CIN U36100CH2006PTC042657. Its GSTIN is 08AAGCA0490F1ZW (Rajasthan). The company held 2 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹10 Cr and a paid-up capital of ₹3.54 Cr. It was formerly known as Archit Homes Private Limited and Archit Strips Private Limited. It was led by directors including Surinder Pal (Managing Director) and Parveen Kumar (Whole-Time Director).
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 ₹222.85 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹17.98 Cr (net margin 8.1%) and EBITDA of ₹31.42 Cr (EBITDA margin 14.1%). Revenue has grown at a compounded annual rate (CAGR) of 126% over three years.
The company had about 52 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had open charges of ₹40 Cr and satisfied charges of ₹30 Cr on record. The company has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹3.53 Cr; the latest was in January 2018. Its 4 peer companies in the Packaging industry (Paper Laminated and Corrugated Packaging), with the same principal business activity (wood and wood products, furniture, paper and paper products) are compared by revenue, 2 larger and 2 smaller; the largest is Shree Packers (MP) Private Limited with revenue of ₹246.58 Cr.
The last known website on record is virgolam.com.
Company details
Name history
Virgo Decors has undergone 2 name changes throughout its history. The company was previously known as Archit Homes Private Limited, and Archit Strips Private Limited. The current legal name is Virgo Decors Private Limited.
| Company Name | Status |
|---|---|
| Virgo Decors Private Limited | Current |
| Archit Homes Private Limited | Previous |
| Archit Strips Private Limited | Previous |
CIN history
Virgo Decors has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U36100CH2006PTC042657, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U36100CH2006PTC042657 | Current |
| U27310DL2006PTC153991 | Previous |
| U36100DL2006PTC153991 | Previous |
Contact details
Virgo Decors Private Limited's registered office is in Chandigarh, Chandigarh. Its website is virgolam.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address828 Ia Ph II, Chandigarh, India – 160002
- IndustryPackaging, Paper, Laminated & Corrugated Packaging
To see the full contact details of Virgo Decors 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 Virgo Decors 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 Decors Private Limited, buy the company report.
Financials of Virgo Decors Private Limited
FY 2019 filings availableVirgo Decors Private Limited reported revenue of ₹222.85 Cr (up 7% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 126% over three years, including 7% growth 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 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 | ₹222.85 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹31.42 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹17.98 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 | 14.1% | ||||
| Net Profit Margin | 8.1% | ||||
| 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 Decors Private Limited, buy the company report.
Board of directors of Virgo Decors Private Limited
Virgo Decors 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 |
|---|---|---|---|---|
| Bishamber Dass | Director | 01 May 2014 | 12 Years 5 Months | As last reported |
| Surinder Pal Also directs: Delhi Pride Industries LLP, Glamiva Overseas Private Limited, Virgo Laminates Limited and 5 more | Managing Director | 01 May 2014 | 12 Years 5 Months | As last reported |
| Tilak Raj Also directs: Delhi Pride Industries LLP, Glamiva Overseas Private Limited, Virgo Laminates Limited and 5 more | Director | 01 May 2014 | 12 Years 5 Months | As last reported |
| Parveen Kumar Also directs: Delhi Pride Industries LLP, Glamiva Overseas Private Limited, Virgo Laminates Limited and 5 more | Whole-Time Director | 01 May 2014 | 12 Years 5 Months | As last reported |
Peer comparison
Virgo Decors Private Limited is compared with the 4 companies closest to it by revenue in the Packaging industry (Paper Laminated and Corrugated Packaging), 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 |
|---|---|---|---|---|---|---|
| Shree Packers (MP) Private Limited | ₹246.58 Cr (FY 2024) | 109.0% | Ujjain, Madhya Pradesh, India | |||
| Biltube Industries Limited | ₹240.4 Cr (FY 2025) | 30.0% | Kolhapur, Maharashtra, India | |||
| Virgo Decors Private Limitedthis company | ₹222.85 Cr (FY 2019) | ₹17.98 Cr | 8.1% | 7.0% | 52 | Chandigarh, India |
| Aaditya Paptech Private Limited | ₹211.26 Cr (FY 2025) | 16.0% | Dahegam, Gujarat, India | |||
| Agarwal Duplex Board Mills Ltd. | ₹209.08 Cr (FY 2025) | 24.0% | Delhi, India |
To see the full peer comparison of Virgo Decors Private Limited, buy the company report.
Auditor
Virgo Decors Private Limited is audited by K L DATTA & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K L DATTA & CO | FY 2019 | 001127C |
Shareholding
The shareholding of Virgo Decors Private 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 Decors Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 May 2015 | 10575322 | Hdfc Bank Limited | ₹40 Cr | Open | |
| 08 Mar 2017 | 100108649 | Yes Bank Limited | ₹30 Cr | Satisfied |
To see the full charge records of Virgo Decors Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Virgo Decors Private Limited has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹3.53 Cr; the latest was in January 2018.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2018 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Aug 2014 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Chanduka Finance Ltd , 3 individuals |
| Mar 2014 | Funding round | ₹3.53 Cr | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Virgo Decors Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Virgo Decors Private 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 Decors Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Virgo Decors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Virgo Decors Private Limited has a workforce of 52 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
Virgo Decors has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAGCA0490F1ZW | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Virgo Decors Private Limited, buy the company report.
Recent activity
Virgo Decors Private Limited has 12 board changes on record since 2008: 4 appointments and 8 cessations. The latest: Tilak Raj ceased to be Whole-Time Director on 30 Jun 2020.
8 earlier events are in the company report.
News
Frequently asked questions
Virgo Decors 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 Decors was a private limited company based in Chandigarh, India. The company worked in paper, within the packaging industry. It was incorporated on 16 September 2006 and is registered under CIN U36100CH2006PTC042657. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Virgo Decors was incorporated on 16 September 2006. It is registered with the Registrar of Companies, Chandigarh.
Virgo Decors had 4 directors:
- Surinder Pal - Managing Director
- Parveen Kumar - Whole-Time Director
- Bishamber Dass - Director
- Tilak Raj - Director
The CIN (Corporate Identification Number) of Virgo Decors is U36100CH2006PTC042657. 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 Decors is at 828 Ia Ph II, Chandigarh, India – 160002.
Virgo Decors can be reached through the website virgolam.com. Its registered office is in Chandigarh, India.
The latest financial statements of Virgo Decors 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 Decors is 08AAGCA0490F1ZW, registered in Rajasthan. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
Virgo Decors operated in the packaging industry, in the paper segment.
Virgo Decors has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹3.53 Cr; the latest was in January 2018.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
