VRVS Paper & Boards Private Limited
About VRVS Paper & Boards Private Limited
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VRVS Paper & Boards Private Limited was a private limited company based in Sivakasi, Tamil Nadu, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the paper and paper products segment of the paper and packaging sector. It was incorporated on 14 September 2012.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U21093TN2012PTC087653. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2 Lakh. It was led by directors Selvaraj Jegan (Managing Director) and Subramanian Velmurugesan.
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 3/1442 – 4 Sattur Road, Sivakasi, Tamil Nadu, India – 626189.
As per the financials filed for FY 2017, the company reported a revenue of ₹46.57 Lakh, a decline of 85% compared to the previous year. For the same year it recorded a net profit of ₹43,765 (net margin 0.9%) and EBITDA of ₹3.94 Lakh (EBITDA margin 8.5%). Revenue has declined at a compounded annual rate (CAGR) of 38% over three years.
As per MCA filings, the company had satisfied charges of ₹60 Lakh on record.
Company details
Contact details
VRVS Paper & Boards Private Limited's registered office is in Sivakasi, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address3/1442 – 4 Sattur Road, Sivakasi, Tamil Nadu, India – 626189
- IndustryPaper, Paper & Paper Products, Paperboard, Other Articles Of Paper, Manufacturing
To see the full contact details of VRVS Paper & Boards 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
Financials of VRVS Paper & Boards Private Limited
FY 2019 filings availableVRVS Paper & Boards Private Limited reported revenue of ₹46.57 Lakh (down 85% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 38% over three years, including a 85% fall in the latest year. EBITDA fell 57% 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹46.57 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹3.94 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹43,765 | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 8.5% | ||
| Net Profit Margin | 0.9% | ||
| 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 VRVS Paper & Boards Private Limited, buy the company report.
Board of directors of VRVS Paper & Boards Private Limited
VRVS Paper & Boards has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Selvaraj Jegan | Managing Director | 14 Sep 2012 | 14 Years 1 Months | As last reported |
| Subramanian Velmurugesan | Director | 14 Sep 2012 | 14 Years 1 Months | As last reported |
Shareholding
The shareholding of VRVS Paper & Boards Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of VRVS Paper & Boards Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Mar 2015 | 10560606 | Vijaya Bank | ₹60 Lakh | Satisfied |
To see the full charge records of VRVS Paper & Boards Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving VRVS Paper & Boards 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 VRVS Paper & Boards Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
VRVS Paper & Boards 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 VRVS Paper & Boards Private Limited, buy the company report.
Recent activity
VRVS Paper & Boards Private Limited has 2 board changes on record since 2012: 2 appointments. The latest: Selvaraj Jegan was appointed as Managing Director on 14 Sep 2012.
Frequently asked questions
VRVS Paper & Boards has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
VRVS Paper & Boards was a private limited company based in Sivakasi, Tamil Nadu, India. The company worked in paper and paper products, within the paper industry. It was incorporated on 14 September 2012 and is registered under CIN U21093TN2012PTC087653. The company has been struck off by the Registrar of Companies and is no longer operational.
VRVS Paper & Boards had 2 directors:
- Selvaraj Jegan - Managing Director
- Subramanian Velmurugesan - Director
The CIN (Corporate Identification Number) of VRVS Paper & Boards is U21093TN2012PTC087653. 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 VRVS Paper & Boards is at 31442 – 4 Sattur Road, Sivakasi, Tamil Nadu, India – 626189.
VRVS Paper & Boards was incorporated on 14 September 2012. It is registered with the Registrar of Companies, Chennai.
The latest financial statements of VRVS Paper & 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.
No. VRVS Paper & Boards has 1 GST registration on record and it is cancelled or inactive.
VRVS Paper & Boards operated in the paper industry, in the paper and paper products segment. It worked in this industry before it was struck off.
Selvaraj Jegan was appointed as Managing Director on 14 Sep 2012. Subramanian Velmurugesan was appointed as Director on 14 Sep 2012.