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Virgo Laminates Limited
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Registered Details

VIRGO LAMINATES LIMITED

All Companies ›

Chandigarh ›

Manufacturing of Wood Products ›

Active

Updated: 14 Dec 2025

The company is a manufacturer wood and aluminum products. The company markets and distributes laminates, plywood, and aluminum rolled products.

Virgo Laminates Limited, is an unlisted public company incorporated on 25 September, 1996. It is classified as a public limited company and is located in , Chandigarh. It's authorized share capital is INR 21.00 cr and the total paid-up capital is INR 11.97 cr.

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Industry and products

Manufacturing (Wood Products)

laminates, and aluminum rolled products, plywood

Company size

Auth Capital

₹ 21.0 Cr

Paidup Capital

₹ 12.0 Cr

Revenue

₹ 1000-1250 cr

Key Metrics

** All rupee values in INR crores.

Total Revenue

-1.78%

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EBITDA

-3.33%

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Net Profit

1.1%

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Networth

22.87%

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Borrowings

-89.58%

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Assets

-22.3%

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Gross Margin

9.38

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Operating Margin

-0.22

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Net Profit Margin

0.24

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Return on Equity

-3.96

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ROCE

-0.79

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Debt to Equity

-0.41

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Sales

Mar 2024

Net worth

Mar 2024

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Locations

India (55)

State	Type	Address

Locations on Map

People

Designation	Name	DIN/PAN	Tenure
Director	Bishamber Dass Shareholder	00171882	11 years
Managing Director	Surinder Pal Shareholder	00507197	18 years
Whole-time Director	Parveen Kumar Shareholder	01395988	11 years
Whole-time Director	Tilak Raj Arora Shareholder	00507217	11 years
Director	Parvesh Kumar	07006726	2 years

Financial Highlights

** All numbers in INR crores

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
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Margins

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Balance Sheet

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Consolidated

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	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
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Percentage of assets	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
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	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022
Equity Capital	4.5	4.5	12.0	12.0	12.0
Reserves	32.5	49.4	180.7	244.7	340.0
Borrowings +	39.4	101.4	193.0	187.1	273.4
Long term borrowings	28.2	83.9	123.0	131.2	154.4
Short term borrowings	11.2	17.5	70.0	55.9	119.0
Trade payables +	52.6	93.5	148.8	106.4	291.3
Days payable	217.0	117.0	135.0	94.0	146.0
Other liabilities +	56.9	99.2	180.4	136.8	330.1
Other non-current liabilities	0.2	-	3.1	4.4	3.2
Other current liabilities	4.1	5.6	28.5	26.1	35.6
Total liabilities	133.3	254.5	566.2	580.6	955.4
Fixed Assets +	19.0	54.6	126.7	122.8	169.1
Tangible assets	17.7	54.6	90.4	117.0	163.4
CWIP	-	-	36.3	5.8	5.8
Intangible assets	1.3	-	-	-	-
LT loans and advances	-	-	-	-	-
Other non-current assets	0.7	12.3	4.6	13.1	13.3
Current assets +	113.6	187.6	434.9	444.7	772.9
Inventories	43.6	70.9	159.1	178.6	258.4
Trade receivables	56.0	85.9	236.5	216.2	308.4
Cash and cash equivalents	1.5	1.3	12.7	0.3	0.3
ST loans and advances	5.6	12.4	21.2	-	-
Other current assets	6.9	17.1	5.5	49.6	205.8
Total assets	133.3	254.5	566.2	580.6	955.4

Percentage of assets	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022
Equity Capital	3.34	1.75	2.11	2.06	1.25
Reserves	24.38	19.42	31.92	42.14	35.58
Borrowings +	29.57	39.86	34.1	32.23	28.61
Long term borrowings	21.16	32.99	21.73	22.59	16.16
Short term borrowings	8.41	6.88	12.36	9.63	12.45
Trade payables	39.48	36.74	26.29	18.32	30.49
Other liabilities +	42.71	38.96	31.87	23.57	34.55
Other non-current liabilities	0.13	0.03	0.56	0.76	0.33
Other current liabilities	3.1	2.2	5.03	4.49	3.73
Total liabilities
Fixed Assets +	14.26	21.45	22.38	21.14	17.7
Tangible assets	13.32	21.45	15.97	20.15	17.1
CWIP	0.0	0.0	6.41	0.99	0.6
Intangible assets	0.95	0.0	0.0	0.0	0.0
LT loans and advances	0.0	0.0	0.0	0.0	0.0
Other non-current assets	0.54	4.82	0.81	2.26	1.4
Current assets +	85.2	73.73	76.81	76.59	80.9
Inventories	32.69	27.87	28.09	30.77	27.04
Trade receivables	42.01	33.76	41.77	37.24	32.28
Cash and cash equivalents	1.15	0.52	2.24	0.05	0.03
ST loans and advances	4.2	4.87	3.74	0.0	0.0
Other current assets	5.16	6.7	0.96	8.54	21.54
Total assets

Total assets

Charges on assets

Bank wise

Charges

HDFC Bank Limited

No. of Loans: 2

Total Amount : 127.4 cr

The Hongkong and Shanghai Banking Corporation Limited

No. of Loans: 2

Total Amount : 70.1 cr

Axis Bank Limited

No. of Loans: 1

Total Amount : 1.7 cr

Union Bank of India

No. of Loans: 1

Total Amount : 1.0 cr

Charge Holder	Amount	Date of creation/modification
Union Bank of India	1.0 cr	08 Aug, 2025
HDFC Bank Limited	126.6 cr	15 May, 2025
The Hongkong and Shanghai Banking Corporation Limited	65.0 cr	17 Jul, 2024
HDFC Bank Limited	0.8 cr	22 Mar, 2023
Axis Bank Limited	1.7 cr	27 May, 2021
The Hongkong and Shanghai Banking Corporation Limited	5.1 cr	30 Apr, 2021

Charges

HDFC Bank Limited

The Hongkong and Shanghai Banking Corporation Limited

Axis Bank Limited

Union Bank of India

Company Network

Companies connected through Directors

Name	Status	Paid up Capital	Common Directors	Address
VIRGO BOARDS LIMITED	Active	3.4 Cr	4	Delhi
VIRGO TELEMEDIA PRIVATE LIMITED	Strike Off	2.0 L	4	Delhi
VIRGO DECORS PRIVATE LIMITED	Active	3.5 Cr	4	Delhi
GLAMIVA OVERSEAS PRIVATE LIMITED	Active	2.0 L	4	Chandigarh
VIRGO ALUMINUM INDIA PRIVATE LIMITED	Active	2.0 Cr	1	Himachal Pradesh
LAMIVAA DECORS LLP	Active	4.0 L	1	Chandigarh
GLAMINATES INDIA LLP	Active	4.0 L	1	Chandigarh
VIRGO HPL OVERSEAS PRIVATE LIMITED	Active	1.0 L	1
VIRGO PLYWOODS LIMITED	Active	1.2 Cr	4	Chandigarh
VIRGO ALUMINUM LIMITED	Active	20.0 Cr	8	Gujarat
HIMACHAL VALLEY PRODUCTS PVT LTD	Strike Off	6.2 L	2	Himachal Pradesh
INDIAN LAMINATE MANUFACTURERS ASSOCIATION	Active	58.8 L	1	Gujarat
VIRGOLAM INDUSTRIES PRIVATE LIMITED	Active	1.0 L	1	Delhi
VIRGO GRAPHICS PRIVATE LIMITED	Active	1.0 L	3	Delhi
KATYANI CHEMTECH INDIA LLP	Active	4.0 L	3	Chandigarh
ABCO LAM PRIVATE LIMITED	Active	10.0 L	3	Delhi
ADWIN INDUSTRIES PRIVATE LIMITED	Active	1.0 L	1	Haryana
VIRGO MEGACITY PROJECTS PRIVATE LIMITED	Active	2.0 L	2	Chandigarh
VIRGO CARE PRIVATE LIMITED	Active	1.0 L	1	Haryana
VIRGO BIOSCIENCES PRIVATE LIMITED	Active	1.0 L	1	Haryana
VIRGO MEDILABS LLP	Inactive for e-filing	1.0 L	1	ry
HIGGS HEALTHCARE LIMITED	Active	10.0 L	1
EVERLAM INDUSTRIES PRIVATE LIMITED	Active	2.0 L	1
MBEE PAPER PRINTS PRIVATE LIMITED	Active	2.0 Cr	1	Maharashtra
HIGGS LIFE SCIENCES PRIVATE LIMITED	Active	5.0 L	1	Chandigarh

Subsidiary Companies

Name	State / Country	Incorporation Year	Paidup Capital
VIRGO PACIFIC PTE LTD	Singapore	-	-

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Risk

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Moderate Risk

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Low Risk

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CIN

U20200CH1996PLC042508

PAN

AABCK4043R

Incorporation

1996, 29.3 years

Company Email

chd11[at]virgoasia[dot]com

Paid up Capital

₹ 12.0 Cr

Authorised Capital

₹ 21.0 Cr

AGM

Sep 2024

Type

Public

Others

FAQ - VIRGO LAMINATES LIMITED

What is the incorporation date of VIRGO LAMINATES LIMITED?

The incorporation date of VIRGO LAMINATES LIMITED is 25 September, 1996

What is the authorized share capital of VIRGO LAMINATES LIMITED?

The authorized share capital of VIRGO LAMINATES LIMITED is INR ₹ 21.0 Cr.

What is the paid-up capital of VIRGO LAMINATES LIMITED?

The paid-up capital of VIRGO LAMINATES LIMITED is INR ₹ 12.0 Cr.

What is the registered address of VIRGO LAMINATES LIMITED?

The registered address of VIRGO LAMINATES LIMITED is 828, IA, PH II, Chandigarh, Chandigarh, India, 160002 - 160002

What is the CIN number of VIRGO LAMINATES LIMITED?

The CIN number of VIRGO LAMINATES LIMITED is U20200CH1996PLC042508.

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