Sharekhan

VIP Industries Ltd

Thu 13/03/2025,15:59:7 | NSE : VIPIND

₹ 283.50-1.70 (-0.60%)

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Market Data

Essential tool: analyze, trade, manage, decide.

Open

₹ 285.20

Previous Close

₹ 285.20

Volume

434748

Mkt Cap ( Rs. Cr)

₹4026.26

High

₹ 289.45

Low

₹ 281.80

52 Week High

₹ 589.75

52 Week Low

₹ 281.80

Book Value Per Share

₹ 45.65

Dividend Yield

0.70

Face Value

₹ 2.00

What’s Your Call?

Collective community sentiment on VIP Industries Ltd

Your Vote -

Buy

89.47%

Hold

4.86%

Sell

5.67%

89.47%

247 users have voted

Market Depth

How many stocks are available to buy or sell and at what prices.

Buy Order Quantity

100%

Sell Order Quantity

0%

Bid Price

Qty

283.50

59

0.00

0

0.00

0

0.00

0

0.00

0

Bid Total

59

Bid Price

Qty

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

Bid Total

0

Option Chain

Analyzes market sentiment, predicts VIP Industries Ltd' movement.

NO_RECORD_FOUND

News

Media spotlight triggers stock stock attention, sentiment.

  • VIP Indus. - Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

    28 Feb 2025, 6:49PM VIP INDUSTRIES LIMITED has informed the Exchange about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agen
  • VIP Indus. - Change in Management

    28 Feb 2025, 6:26PM VIP Industries Limited has informed the Exchange about change in Management
  • VIP Indus. - Announcement under Regulation 30 (LODR)-Change in Management

    28 Feb 2025, 6:18PM Please find enclosed herewith disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015, for change in Senior Management
  • VIP Indus. - Analysts/Institutional Investor Meet/Con. Call Updates

    17 Feb 2025, 5:30PM VIP Industries Limited has informed the Exchange about Schedule of meet
  • VIP Indus. - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    17 Feb 2025, 5:29PM Intimation of Schedule of Analyst/Institutional Investor Meeting
  • VIP Indus. - Analysts/Institutional Investor Meet/Con. Call Updates

    3 Feb 2025, 10:59AM VIP Industries Limited has informed the Exchange about Transcript
  • VIP Indus. - Announcement under Regulation 30 (LODR)-Earnings Call Transcript

    3 Feb 2025, 10:55AM Transcript of Earnings Conference call on Un-audited Financial Results (Standalone and Consolidated) for the Quarter and Nine Months ended 31st Decemb
  • VIP Indus. - Analysts/Institutional Investor Meet/Con. Call Updates

    29 Jan 2025, 4:07PM VIP Industries Limited has informed the Exchange about Link of Recording
  • VIP Indus. - Copy of Newspaper Publication

    29 Jan 2025, 2:25PM VIP Industries Limited has informed the Exchange about Copy of Newspaper Publication
  • VIP Indus. - Investor Presentation

    29 Jan 2025, 11:58AM VIP Industries Limited has informed the Exchange about Investor Presentation
  • VIP Indus. - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

    29 Jan 2025, 4:02PM Please find enclosed herewith the Audio recording of the conference call held on 29th January, 2025 for the un-audited financial results (Standalone a
  • VIP Indus. - Announcement under Regulation 30 (LODR)-Investor Presentation

    29 Jan 2025, 12:00PM Please find enclosed herewith Investor presentation Q3 FY 25 being made by the company to the analysts/Institutional Investors.
  • VIP Indus. - Integrated Filing- Financial

    28 Jan 2025, 6:18PM Integrated filling (financial) for quarter and nine months ended December 31 ,2024
  • VIP Indus. - Outcome of Board Meeting

    28 Jan 2025, 5:19PM VIP Industries Limited has informed the Exchange regarding Board meeting held on January 28, 2025.
  • VIP Indus. - Un-Audited Financial Results For The Quarter And Nine Months Ended 31St December, 2024

    28 Jan 2025, 5:05PM Please find enclosed herewith the outcome of Board Meeting held on today along with un-audited financial results for the quarter and nine months ended
  • VIP Indus. - Financial Result Updates

    28 Jan 2025, 5:05PM VIP Industries Limited has submitted to the Exchange, the financial results for the period ended December 31, 2024.
  • VIP Indus. - Integrated Filing (Financial)

    28 Jan 2025, 5:48PM Integrated filling (financial) for the quarter and nine months ended 31st December, 2024
  • VIP Indus. posts Q3 net loss of Rs 16.84 cr

    28 Jan 2025, 5:30PM The company reported standalone net loss during the quarter stood at Rs 16.84 crore as compared to net loss of Rs 4.86 crore in the previous year quar
  • VIP Indus. - Board Meeting Outcome for Outcome Of Board Meeting Held On 28Th January, 2025

    28 Jan 2025, 5:18PM Please find enclosed herewith the outcome of Board Meeting held on today along with the un-audited financial results for the quarter and nine months e
  • VIP Indus. - Analysts/Institutional Investor Meet/Con. Call Updates

    24 Jan 2025, 12:47PM VIP Industries Limited has informed the Exchange about Schedule of meet
  • VIP Indus. - Alteration Of Capital and Fund Raising-XBRL

    23 Jan 2025, 6:09PM VIP Industries Limited has informed the Exchange regarding Allotment of Securities
  • VIP Indus. - Allotment of Securities

    23 Jan 2025, 6:07PM VIP Industries Limited has informed the Exchange regarding allotment of 276 securities pursuant to ESOP/ESPS at its meeting held on January 23, 2025
  • VIP Indus. - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS

    23 Jan 2025, 6:01PM Allotment of 276 equity shares pursuant to exercise of Employee Stock Appreciation Rights under VIP Employees Stock Appreciation Rights Plan, 2018
  • VIP Indus. - Board Meeting Intimation

    20 Jan 2025, 11:44AM VIP INDUSTRIES LIMITED has informed the Exchange about Board Meeting to be held on 28-Jan-2025 to inter-alia consider and approve the Unaudited Financ
  • VIP Indus. - Board Meeting Intimation for Approval Of The Un-Audited Standalone And Consolidated Financial Results For The Th

    20 Jan 2025, 11:36AM V.I.P.INDUSTRIES LTD.-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 28/01/2025 ,inter alia, to consider a
  • VIP Indus. - Certificate under SEBI (Depositories and Participants) Regulations, 2018

    7 Jan 2025, 2:49PM VIP Industries Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018
  • VIP Indus. - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

    7 Jan 2025, 2:47PM Certificate under Regulation 74(5) of the SEBI(Depositories and Participants) Regulations, 2018 for the quarter ended 31st December 2024
  • VIP Indus. - General Updates

    2 Jan 2025, 11:25AM VIP Industries Limited has informed the Exchange about Intimation regarding change in the name of Registrar and Share Transfer Agent (""RTA"") from L
  • VIP Indus. - Change In The Name Of Our Registrar And Share Transfer Agent (\RTA\) From Link Intime India Private Limited To M

    2 Jan 2025, 11:19AM Intimation regarding change in the name of Registrar and Share Transfer Agent (\RTA\) from Link Intime India Private Limited to MUFG Intime India Priv
  • VIP Indus. - Trading Window-XBRL

    31 Dec 2024, 12:38PM VIP INDUSTRIES LIMITED has informed the Exchange about Closure of Trading Window
  • VIP Indus. - Trading Window

    31 Dec 2024, 12:36PM VIP Industries Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2
  • VIP Indus. - Loss/Duplicate-Share Certificate-XBRL

    23 Dec 2024, 3:33PM VIP INDUSTRIES LIMITED has informed the Exchange about Loss of share certificates
  • VIP Indus. - Loss of Share Certificates

    23 Dec 2024, 3:30PM VIP Industries Limited has informed the Exchange about Loss of Share Certificates
  • VIP Indus. - General Updates

    18 Dec 2024, 3:26PM Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform that the Company ha
  • VIP Indus. - Disclosure Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure

    18 Dec 2024, 3:22PM Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,2015, we would like to inform that the Company has
  • VIP Indus. - Analysts/Institutional Investor Meet/Con. Call Updates

    17 Dec 2024, 5:29PM VIP Industries Limited has informed the Exchange about Schedule of meet
  • VIP Indus. - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    17 Dec 2024, 5:22PM Intimation of schedule of Analyst/ Institutional Investor Meeting
  • VIP Industries falls as Jhunjhunwala cuts stake

    15 Apr 2021 , 2:04PM VIP Industries slips over 6% to Rs. 313, as Rakesh Jhunjhunwala trims stake in the company
  • VIP Inds board nods raising upto Rs. 100 crore via NCDs

    9 Jul 2020 , 3:56PM Outcome of Board Meeting
  • VIP Inds up as Rakesh Jhunjhunwala hikes stake

    11 May 2020 , 2:06PM VIP Industries rises over 10% to Rs. 234.8, after well-known investor Rakesh Jhunjhunwala hiked stake in the company to 5.31%
  • VIP Inds up as CRISIL upgrades its long-term rating

    3 Jan 2020 , 2:31PM VIP Inds rises by 3% to Rs. 443.35, after credit rating agency, CRISIL, upgrades its long-term rating
  • VIP Industries

    3 Jan 2020 , 10:52AM CRISIL has upgraded and reaffirmed its credit rating for the bank loan facilities of the company (Long-Term Rating - CRISIL AA/Stable (Upgraded from CRISIL AA-/Positive); Short-Term Rating - CRISIL A1+(Reaffirmed) - Positive read through for VIP Industries

Key fundamentals

Evaluate the intrinsic value of VIP Industries Ltd stock 

Name March-24 March-23 March-22 March-21 March-20
Assets 1046.71 742.28 579.83 616.97 579.21
Liabilities 1046.71 742.28 579.83 616.97 579.21
Equity 28.39 28.33 28.29 28.26 28.26
Gross Profit 127.42 177.57 117.06 -76.88 242.27
Net Profit 28.02 160.93 63.73 -84.53 88.73
Cash From Operating Activities -116.12 63.04 -14.1 5.72 271.23
NPM(%) 1.26 7.96 5.06 -13.78 5.17
Revenue 2215.5 2019.53 1257.19 613.22 1713.97
Expenses 2088.08 1841.96 1140.13 690.1 1471.7
ROE(%) 4.32 24.82 9.83 -13.03 13.68

Shareholding Pattern

Corporate Action

XD-Date Dividend-Amount Dividend-% Dividend Yield(%GE) Price on that day
07 Feb 2024 2 100 0.71 558.35
02 Feb 2023 2 100 0.71 688.95
08 Mar 2022 2.5 125 0.71 654.1
24 Feb 2020 3.2 160 0.71 485.4
19 Jul 2019 2 100 0.71 430.15
18 Feb 2019 1.2 60 0.71 489.5
06 Jul 2018 2 100 0.71 394.2
06 Feb 2018 1 50 0.71 357.65
14 Jul 2017 1.6 80 0.71 195.95
22 Feb 2017 0.8 40 0.71 148.15
14 Jul 2016 1.4 70 0.71 113.75
08 Feb 2016 0.6 30 0.71 93.7
10 Jul 2015 1 50 0.71 95.75
03 Feb 2015 0.5 25 0.71 118.75
27 Jun 2014 1.2 60 0.71 106.15
14 Feb 2014 0.5 25 0.71 59.4
14 Jun 2013 1 50 0.71 69.45
31 Aug 2012 1 50 0.71 76.05
10 Feb 2012 0.6 30 0.71 107.7
16 Sep 2011 7 70 0.71 762.1
01 Feb 2011 3 30 0.71 573.05
02 Jul 2010 3 30 0.71 268.85
04 Feb 2010 2 20 0.71 192.95
28 Aug 2009 1 10 0.71 47.95
14 Aug 2008 3 30 0.71 90.35
14 Sep 2007 2.5 25 0.71 98.8
06 Sep 2006 2 20 0.71 108.5
12 Aug 2005 2 20 0.71 110
10 Sep 2004 2 20 0.71 28.9
12 Sep 2003 2 20 0.71 25.25
03 Sep 2002 0 20 0.71 23.9
16 Aug 2001 0 25 0.71 16.85
0 25 0.71 24.6
0 25 0.71 26.25
0 25 0.71 27
0 25 0.71 34

Peers

Other companies within the same industry or sector that are comparable to VIP Industries Ltd

Company Price Price (% change) pe(x) EV/EBITDA(x) ROE(%) ROCE(%)
Kingfa Science and Technology (India) Ltd 2797.00 1.63 23.44 343.15 1011.71 0.36
Premier Polyfilm Ltd 61.42 -0.71 23.71 600.14 196.67 0.24
Pearl Polymers Ltd 25.80 -3.12 0.00 476.79 3.89 0.00
AVSL Industries Ltd 158.00 0.00 29.21 151.06 42.08 0.00

Company Info

YEAR EVENTS 1968 - The Company was incorporated on 27th January as private limited company under the name and style Aristo Plast Pvt. Ltd., and commenced its activities by taking on job work in plastic moulding. The Company became a deemed public limited company under section 43-A of the Companies Act, 1956 on 15th March, 1973. The operational management of the Company changed hands. 1971 - The Company became a wholly owned subsidiary of Blow Plast Ltd. 1973 - The Company established complete manufacturing facilities which included injection moulding, electroplating, anodising, frame bending, press shop, component manufacturing and assembly. 1979 - The Company implemented its first expansion programme at Nasik (Maharashtra) increasing the production capacity from 40,000 to 60,000 pieces of luggage per month. 1980 - A new tool room was commissioned for the manufacture of sophisticated press tools, jigs, fixtures, dies and moulds. - 300 No. of equity shares without payment in each and 450 equity shares for cash were allotted to Blow Plast, Ltd., and its nominees. 750 bonus equity shares issued in prop. of 1:1 in 1977-78 and 1,500 bonus equity shares issued in prop. of 1:1. All shares were held by Blow Plast, Ltd., and its nominees. 1981 - The Company implemented a second expansion programme by setting up a new unit to increase the production capacity from 60,000 to 90,000 pieces of luggage per month. - The name of the company was changed from Aristo Plast Ltd., to V.I.P. Industries Ltd., with effect from 16th June. 1982 - The Company launched a new project at jalgaon (Maharashtra) for the manufacture of soft luggage which was sold under the name "SKYBAGS". - The Company undertook a modernisation programme at Nasik by replacing older machines and technology, thereby improving product quality and productivity, conserving power and improving storage and material handling systems. - Marketing of the Company's product viz., VIP moulded luggage and "SKYBAGS" soft luggage is carried out by Blow Plast Ltd., who have a strong network of branches all over the country. In addition, the Company directly sells to selected customers and wholesalers. - 3,000 bonus equity shares issued in prop. of 1:1. 1985 - The new moulded luggage plant at Jalgaon made a significant contribution to the total output. A 25% excise duty was imposed on moulded luggage. The excise duty was exempt from March. - However, as a result of much larger volume of production and cost savings, the Company was able to absorb half of the burden of exicise duty, the other half being absorbed by the dealers. With a view to widen the consumer base, the Company started producing relatively low priced luggage. - The capacity of the Jalgaon plant was expanded and the Nasik plant was being modernised. A new factory was set up at Nagpur in Maharastra for the manufacture of moulded luggage. - Equity shares subdivided. 30,00,000 bonus equity shares of Rs.10 each then issued at a prem. of Rs.2 per shares linked to debentures out of which the following shares linked to debentures were reserved and allotted on a preferential basis: - (i) 48,000 shares to business associates of the Company; - (ii) 1,92,000 shares to shareholders of Blow Plast, Ltd; - (iii) 1,20,000 shares to employees of the Company, holding company and associate companies and - (iv) 8,00,000 shares to non-resident Indians on repatriation basis. The balance 12,40,000 shares linked to debentures were offered for public subscription during February, 1986. 1986 - The Company ceased to be a subsidiary of Blow Plast Ltd. - The Company launched a new range of moulded luggage under the brand names "International Tourister" and "Odyssey". - The all plastic "International Tourister" range of suitcases were aimed at the middle and lower segments of consumers, the "odyseey" was to cater to the more discerning consumers. - The Company issued 24,00,000 No. of equity shares of Rs.10 each at a premium of Rs.2 per share linked to 9,60,000 15% secured redeemable non-convertible debentures of Rs.100 each for cash at par. Out of this the following shares and debentures were reserved and allotted on a preferential basis: - (i) 48,000 No. of equity shares linked to 19,200 debentures to promoters, directors, their relative and business associates of the Company. - (ii) 1,92,000 No. of equity shares linked to 76,800 debentures to shareholders of Blow Plast Ltd., the holding company of V.I.P Industries Ltd.; - (iii) 1,20,000 equity shares linked to 48,000 debentures to the employees of the Company, holding Company and associate companies. - (iv) 8,00,000 No. of equity shares linked to 3,20,000 debentures to non-resident Indians and persons of Indian Nationality/Origin, residing abroad on repatriation basis. The balance 12,40,000 No. of equity shares linked to 4,96,000 debentures were allotted to the public. - These debentures are redeemable in full at a premium of Rs.5 per debenture on the expiry of 7 years from the date of allotment. 1987 - Despite go-slow and a lock-out at Nasik factory for over two months, production and sales were maintained almost at the previous year's level. However margins were under pressure due to prevailing competition. 1988 - The sales declined to Rs. 64.64 crores from Rs. 68.90 crores in the previous year due to factors like heavy excise duty, stiff competition and hike in the input costs. - 60,00,000 Right equity shares issued at a premium of Rs.30 per share to the existing shareholders in prop. of 1:1. 1994 - The Company withdrew from the Industrial Crates line and opted out of the luggage exports markets of Nigeria and CIS countries. 2000 - The Company has approved the scheme of amalgamation of Cristobal Investments Co Ltd, and its wholly owned subsidiary Pristine Plast Ind Ltd with the company effective from 1st April. 2001 - The Company has launched a new range of Moderna moulded chairs in wood finish. - The Dilip G Piramal-headed VIP Industries has entered into a strategic tie-ups with the France-based luggage maker delsey. - VIP Industries Ltd., a luggage manufacturer, has entered into a strategic alliance with Delsey. - VIP, has bagged its largest order of over 55,000 briefcases for the German market. 2002 -Milind Puranik resigns as Company Secretary of VIP Industries. 2003 - Vip Industries Ltd. has informed that Mr. A G Warey has resigned as Director of the Company w.e.f. June 6, 2003. 2004 -Vip Industries Ltd. has informed that the Company's bid for acquisition of certain Assets of Carlton International plc U.K. which is under liquidation, has been accepted 2005 -VIP enters soft luggage segment 2009 - Vip Industries Ltd has informed that at the meeting of the Board of Directors of the company held on June 30, 2009, Ms. Radhika Piramal has been appointed as an Executive Director of the Company w.e.f. July 13, 2009. - VIP Industries Ltd has informed that the Board of Directors of the Company at its meeting held on June 30, 2009, Ms. Radhika Piramal has been appointed as an Executive Director of the Company w.e.f. July 13, 2009. 2010 - Vip Industries Limited has appointed Mr.T.Premanand as an Additional Director, being a Whole-time Director of the Company designated as Director - Works with effect from July 27, 2010. 2011 - The Board of Directors of the Company has declared an Interim Dividend of Rs. 3/- (Rupees Three only) per equity share of Rs. 10/- each. - Mr. Jogendra Sethi has been appointed as the Chief Financial Officer (CFO) of the Company. -Company has splits its Face value of Shares from Rs 10 to Rs 2 2012 - The Board of Directors of the Company have declared an Interim Dividend of 60 paise (Paise Sixty Only) per equity share of Rs. 2/- each. - Vip Industries Ltd has informed that a wholly owned subsidiary of the Company by the name VIP Industries Bangladesh Pvt. Ltd. has been incorporated to set-up luggage manufacturing plant in Bangladesh. 2015 -ndia Design Mark Award (i-Mark) for VIP Spacelite 360, Carlton Stark Strolley and Impaq PRO Spinner Laptop bag -Good Design Award (g-Mark) for VIP Spacelite 360 degree Spinner. 2016 -VIP Industries Limited won the India Design Mark (i-Mark) award for Carlton - Hampton 3 Laptop backpack. -Brand Caprese awarded with best brand award in `Bags & Accessories' category by Shoppers Stop. -VIP Industries Ltd was awarded the `Regional Best Employer 2016-17' by World HRD Congress. 2017 -Flipkart awarded Brand Skybags as the `Best Performing Brand in Travel Category' for the year 2016-17 -VIP Industries Limited was awarded the `Supply Chain Champion for the Year' by Metro Cash & Carry. -VIP Industries Limited won the India Design Mark (i-Mark) award for VIP Tube. -Aristocrat won 4 awards for their campaign `Unpack Your Dreams' -DMA International ECHO Award - `Bronze'- in the category of `Best Use of Artificial Intelligence' for `On Air with Aristocrat - when cricketers turned luggage experts' -DMA Asia CREATEFFECT Award - `Silver' - in the category of `Consumer Products & Services' for `Aristocrat - Unpacking a Forgotten Brand to Life'. -Indian Digital Media Award - `Gold' - in the category of `Best Digital Direct Response Campaign' -Kyoorius Award/ Blue Elephant Award in the category of `Use of Social Platforms'. 2018 -Kyoorius Award/ Blue Elephant Award in the category of `Use of Social Platforms'. -VIP Industries Limited won the India Design Mark (i-Mark) award for 5 products - Skybags AER Plus DF & DFT; VIP Centaur DFT; Carlton Duo-Tone, Helium & Dublin. 2019 -VIP Industries Limited won the India Design Mark (i-Mark) award for Carlton Insignia and Regalia; VIP Zenlite and Modulus; Skybags Vulcan Weekender Backpack and Boom DFT. -Carlton Edge was awarded with the `Best TVC Award' in the consumer durables category by Exchange4Media. -ELSC (Express Logistics & Supply Chain) Leadership Award for Warehouse Innovation. -VIP Industries Limited won the `People Matters Total Rewards Award 2019' for `Best in Driving Culture of Hyper Productivity'. -VIP Industries Limited won the `People Matters L&D Award 2019' for Best in Leadership Transformation. -VIP Industries Limited won the `Economic Times India's Best Companies to Work For 2019' -VIP Industries Limited won the `Economic Times India's Best Workplaces in Manufacturing Award 2019' 2020 -VIP Industries Limited won the CFBP (Council for Fair Business Practices) award in the Category `Manufacturing Enterprises - Large' for the year 2019-20. -VIP Industries Limited got recognized as a `Bronze' employer in the IWEI's (India Workplace Equality Index) Top Employers for 2020.

YEAR EVENTS 1968 - The Company was incorporated on 27th January as private limited company under the name and style Aristo Plast Pvt. Ltd., and commenced its activities by taking on job work in plastic moulding. The Company became a deemed public limited company under section 43-A of the Companies Act, 1956 on 15th March, 1973. The operational management of the Company changed hands. 1971 - The Company became a wholly owned subsidiary of Blow Plast Ltd. 1973 - The Company established complete manufacturing facilities which included injection moulding, electroplating, anodising, frame bending, press shop, component manufacturing and assembly. 1979 - The Company implemented its first expansion programme at Nasik (Maharashtra) increasing the production capacity from 40,000 to 60,000 pieces of luggage per month. 1980 - A new tool room was commissioned for the manufacture of sophisticated press tools, jigs, fixtures, dies and moulds. - 300 No. of equity shares without payment in each and 450 equity shares for cash were allotted to Blow Plast, Ltd., and its nominees. 750 bonus equity shares issued in prop. of 1:1 in 1977-78 and 1,500 bonus equity shares issued in prop. of 1:1. All shares were held by Blow Plast, Ltd., and its nominees. 1981 - The Company implemented a second expansion programme by setting up a new unit to increase the production capacity from 60,000 to 90,000 pieces of luggage per month. - The name of the company was changed from Aristo Plast Ltd., to V.I.P. Industries Ltd., with effect from 16th June. 1982 - The Company launched a new project at jalgaon (Maharashtra) for the manufacture of soft luggage which was sold under the name "SKYBAGS". - The Company undertook a modernisation programme at Nasik by replacing older machines and technology, thereby improving product quality and productivity, conserving power and improving storage and material handling systems. - Marketing of the Company's product viz., VIP moulded luggage and "SKYBAGS" soft luggage is carried out by Blow Plast Ltd., who have a strong network of branches all over the country. In addition, the Company directly sells to selected customers and wholesalers. - 3,000 bonus equity shares issued in prop. of 1:1. 1985 - The new moulded luggage plant at Jalgaon made a significant contribution to the total output. A 25% excise duty was imposed on moulded luggage. The excise duty was exempt from March. - However, as a result of much larger volume of production and cost savings, the Company was able to absorb half of the burden of exicise duty, the other half being absorbed by the dealers. With a view to widen the consumer base, the Company started producing relatively low priced luggage. - The capacity of the Jalgaon plant was expanded and the Nasik plant was being modernised. A new factory was set up at Nagpur in Maharastra for the manufacture of moulded luggage. - Equity shares subdivided. 30,00,000 bonus equity shares of Rs.10 each then issued at a prem. of Rs.2 per shares linked to debentures out of which the following shares linked to debentures were reserved and allotted on a preferential basis: - (i) 48,000 shares to business associates of the Company; - (ii) 1,92,000 shares to shareholders of Blow Plast, Ltd; - (iii) 1,20,000 shares to employees of the Company, holding company and associate companies and - (iv) 8,00,000 shares to non-resident Indians on repatriation basis. The balance 12,40,000 shares linked to debentures were offered for public subscription during February, 1986. 1986 - The Company ceased to be a subsidiary of Blow Plast Ltd. - The Company launched a new range of moulded luggage under the brand names "International Tourister" and "Odyssey". - The all plastic "International Tourister" range of suitcases were aimed at the middle and lower segments of consumers, the "odyseey" was to cater to the more discerning consumers. - The Company issued 24,00,000 No. of equity shares of Rs.10 each at a premium of Rs.2 per share linked to 9,60,000 15% secured redeemable non-convertible debentures of Rs.100 each for cash at par. Out of this the following shares and debentures were reserved and allotted on a preferential basis: - (i) 48,000 No. of equity shares linked to 19,200 debentures to promoters, directors, their relative and business associates of the Company. - (ii) 1,92,000 No. of equity shares linked to 76,800 debentures to shareholders of Blow Plast Ltd., the holding company of V.I.P Industries Ltd.; - (iii) 1,20,000 equity shares linked to 48,000 debentures to the employees of the Company, holding Company and associate companies. - (iv) 8,00,000 No. of equity shares linked to 3,20,000 debentures to non-resident Indians and persons of Indian Nationality/Origin, residing abroad on repatriation basis. The balance 12,40,000 No. of equity shares linked to 4,96,000 debentures were allotted to the public. - These debentures are redeemable in full at a premium of Rs.5 per debenture on the expiry of 7 years from the date of allotment. 1987 - Despite go-slow and a lock-out at Nasik factory for over two months, production and sales were maintained almost at the previous year's level. However margins were under pressure due to prevailing competition. 1988 - The sales declined to Rs. 64.64 crores from Rs. 68.90 crores in the previous year due to factors like heavy excise duty, stiff competition and hike in the input costs. - 60,00,000 Right equity shares issued at a premium of Rs.30 per share to the existing shareholders in prop. of 1:1. 1994 - The Company withdrew from the Industrial Crates line and opted out of the luggage exports markets of Nigeria and CIS countries. 2000 - The Company has approved the scheme of amalgamation of Cristobal Investments Co Ltd, and its wholly owned subsidiary Pristine Plast Ind Ltd with the company effective from 1st April. 2001 - The Company has launched a new range of Moderna moulded chairs in wood finish. - The Dilip G Piramal-headed VIP Industries has entered into a strategic tie-ups with the France-based luggage maker delsey. - VIP Industries Ltd., a luggage manufacturer, has entered into a strategic alliance with Delsey. - VIP, has bagged its largest order of over 55,000 briefcases for the German market. 2002 -Milind Puranik resigns as Company Secretary of VIP Industries. 2003 - Vip Industries Ltd. has informed that Mr. A G Warey has resigned as Director of the Company w.e.f. June 6, 2003. 2004 -Vip Industries Ltd. has informed that the Company's bid for acquisition of certain Assets of Carlton International plc U.K. which is under liquidation, has been accepted 2005 -VIP enters soft luggage segment 2009 - Vip Industries Ltd has informed that at the meeting of the Board of Directors of the company held on June 30, 2009, Ms. Radhika Piramal has been appointed as an Executive Director of the Company w.e.f. July 13, 2009. - VIP Industries Ltd has informed that the Board of Directors of the Company at its meeting held on June 30, 2009, Ms. Radhika Piramal has been appointed as an Executive Director of the Company w.e.f. July 13, 2009. 2010 - Vip Industries Limited has appointed Mr.T.Premanand as an Additional Director, being a Whole-time Director of the Company designated as Director - Works with effect from July 27, 2010. 2011 - The Board of Directors of the Company has declared an Interim Dividend of Rs. 3/- (Rupees Three only) per equity share of Rs. 10/- each. - Mr. Jogendra Sethi has been appointed as the Chief Financial Officer (CFO) of the Company. -Company has splits its Face value of Shares from Rs 10 to Rs 2 2012 - The Board of Directors of the Company have declared an Interim Dividend of 60 paise (Paise Sixty Only) per equity share of Rs. 2/- each. - Vip Industries Ltd has informed that a wholly owned subsidiary of the Company by the name VIP Industries Bangladesh Pvt. Ltd. has been incorporated to set-up luggage manufacturing plant in Bangladesh. 2015 -ndia Design Mark Award (i-Mark) for VIP Spacelite 360, Carlton Stark Strolley and Impaq PRO Spinner Laptop bag -Good Design Award (g-Mark) for VIP Spacelite 360 degree Spinner. 2016 -VIP Industries Limited won the India Design Mark (i-Mark) award for Carlton - Hampton 3 Laptop backpack. -Brand Caprese awarded with best brand award in `Bags & Accessories' category by Shoppers Stop. -VIP Industries Ltd was awarded the `Regional Best Employer 2016-17' by World HRD Congress. 2017 -Flipkart awarded Brand Skybags as the `Best Performing Brand in Travel Category' for the year 2016-17 -VIP Industries Limited was awarded the `Supply Chain Champion for the Year' by Metro Cash & Carry. -VIP Industries Limited won the India Design Mark (i-Mark) award for VIP Tube. -Aristocrat won 4 awards for their campaign `Unpack Your Dreams' -DMA International ECHO Award - `Bronze'- in the category of `Best Use of Artificial Intelligence' for `On Air with Aristocrat - when cricketers turned luggage experts' -DMA Asia CREATEFFECT Award - `Silver' - in the category of `Consumer Products & Services' for `Aristocrat - Unpacking a Forgotten Brand to Life'. -Indian Digital Media Award - `Gold' - in the category of `Best Digital Direct Response Campaign' -Kyoorius Award/ Blue Elephant Award in the category of `Use of Social Platforms'. 2018 -Kyoorius Award/ Blue Elephant Award in the category of `Use of Social Platforms'. -VIP Industries Limited won the India Design Mark (i-Mark) award for 5 products - Skybags AER Plus DF & DFT; VIP Centaur DFT; Carlton Duo-Tone, Helium & Dublin. 2019 -VIP Industries Limited won the India Design Mark (i-Mark) award for Carlton Insignia and Regalia; VIP Zenlite and Modulus; Skybags Vulcan Weekender Backpack and Boom DFT. -Carlton Edge was awarded with the `Best TVC Award' in the consumer durables category by Exchange4Media. -ELSC (Express Logistics & Supply Chain) Leadership Award for Warehouse Innovation. -VIP Industries Limited won the `People Matters Total Rewards Award 2019' for `Best in Driving Culture of Hyper Productivity'. -VIP Industries Limited won the `People Matters L&D Award 2019' for Best in Leadership Transformation. -VIP Industries Limited won the `Economic Times India's Best Companies to Work For 2019' -VIP Industries Limited won the `Economic Times India's Best Workplaces in Manufacturing Award 2019' 2020 -VIP Industries Limited won the CFBP (Council for Fair Business Practices) award in the Category `Manufacturing Enterprises - Large' for the year 2019-20. -VIP Industries Limited got recognized as a `Bronze' employer in the IWEI's (India Workplace Equality Index) Top Employers for 2020.

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Parent Organisation

VIP Industries Ltd.

Founded

27/01/1968

Managing Director

Ms.Neetu Kashiramka

NSE Symbol

VIPINDEQ

FAQ

The current price of VIP Industries Ltd is ₹ 283.50.

The 52-week high for VIP Industries Ltd is ₹ 289.45 and the 52-week low is ₹ 281.80.

The market capitalization of VIP Industries Ltd is currently ₹ 4026.26. This value can fluctuate based on stock price movements and changes in the number of shares outstanding.

To buy VIP Industries Ltd shares, you need to have a brokerage account. First, choose a reputable brokerage firm, open an account, and complete the necessary KYC procedures.

To invest in VIP Industries Ltd, you need a brokerage account. After opening an account and completing the KYC process, you can fund your account and use the trading platform to purchase VIP Industries Ltd shares.

The CEO of VIP Industries Ltd is Ms.Neetu Kashiramka, who has been leading the company with a vision to expand its renewable energy portfolio and drive sustainable growth.

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