Sree Vari Iron Steels Private Limited

Steel trading company offering a variety of iron and steel products since 1997 in Chennai.

1997 | Chennai, Tamil Nadu (India) | Active
Last Updated:

Sree Vari Iron Steels Profile

Key Indicators

  • Authorised Capital ₹ 2.50 Cr
  • Paid Up Capital ₹ 2.50 Cr
  • Company Age 27 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 10.14 Cr
  • Satisfied Charges ₹ 2.50 Cr
  • Revenue Growth 34.40%
  • Profit Growth 51.62%
  • Ebitda 24.37%
  • Net Worth 17.58%
  • Total Assets -10.26%

About Sree Vari Iron Steels

Sree Vari Iron Steels Private Limited (SVISPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 17 April 1997 and has a history of 27 years and 11 months. Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Metals And Minerals Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 2.50 Cr and a paid-up capital of Rs 2.50 Cr.

The company currently has active open charges totaling ₹10.14 Cr. The company has closed loans amounting to ₹2.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Marimuthu Ganapathy and Rajagopal Ayshwarya serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27104TN1997PTC037987

  • Company No.

    037987

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Apr 1997

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Metals and Minerals

What products or services does Sree Vari Iron Steels Private Limited offer?

Sree Vari Iron Steels Private Limited offers a wide range of products and services, including Steel & Stainless Steel Products, Steel and Stainless Steel Coils, Roofing and False ceiling, Roofing Sheets, Steel Bars, Rods, Plates & Sheets, Steel Plates, Steel Pipes and Tubes, MS Pipe, Metal & Metal Made Products, Steel Sheets.

Who are the key members and board of directors at Sree Vari Iron Steels?

Board Members (2)

NameDesignationAppointment DateStatus
Marimuthu Ganapathy Country flag representing In Director 01-Dec-2010Current
Rajagopal Ayshwarya Country flag representing In Director 15-Dec-2017Current

Financial Performance of Sree Vari Iron Steels.

Sree Vari Iron Steels Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 34.4% increase. The company also saw a substantial improvement in profitability, with a 51.62% increase in profit. The company's net worth Soared by an impressive increase of 17.58%.

Sree Vari Iron Steels revenue growth over time
Sree Vari Iron Steels profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
34.40%
Revenue from Operations
34.40%
Total Assets
-10.26%
Profit or Loss
51.62%
Net Worth
17.58%
EBITDA
24.37%

What is the Ownership and Shareholding Structure of Sree Vari Iron Steels?

In 2022, Sree Vari Iron Steels had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹10.14 Cr

Satisfied Charges

₹2.50 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 10.00 Cr
  • Others : 0.14 Cr

Latest Charge Details

DateLenderAmountStatus
29 Jul 2024Others₹1.42 MOpen
30 Mar 2017Canara Bank₹10.00 CrOpen
30 May 2012Ing Vysya Bank Limited₹2.50 CrSatisfied

How Many Employees Work at Sree Vari Iron Steels?

Unlock and access historical data on people associated with Sree Vari Iron Steels, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Sree Vari Iron Steels Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sree Vari Iron Steels, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Sree Vari Iron Steels's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Sree Vari Iron Steels

Recent activity within the organization

  • Annual General Meeting

    Sree Vari Iron Steels Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Others amounted to Rs. 0.14 Cr with Charge ID 100974685 was registered on 29 Jul 2024.

  • Balance Sheet

    Sree Vari Iron Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

  • Charges

    A charge with Canara Bank of Rs. 10.00 Cr registered on 30 Mar 2017 with Charge ID 100102793 was modified on 05 Jul 2022.

  • Director Appointment

    Rajagopal Ayshwarya was appointed as a Director was appointed as a Director on 15 Dec 2017 & has been associated with this company since 7 years 3 months .

  • Charges

    A charge registered on 30 May 2012 via Charge ID 10364686 with Ing Vysya Bank Limited was fully satisfied on 27 Apr 2017.

Frequently asked questions

  • What is the Incorporation or founding date of Sree Vari Iron Steels Private Limited?

    Sree Vari Iron Steels Private Limited was incorporated on 17 Apr 1997.

  • What is authorized share capital and paid-up capital of Sree Vari Iron Steels Private Limited?

    The authorized share capital of Sree Vari Iron Steels Private Limited is ₹ 2.50 Cr and paid-up capital is ₹ 2.50 Cr.

  • Who are the current board members & directors of Sree Vari Iron Steels Private Limited?

    Currently 2 directors are associated with Sree Vari Iron Steels Private Limited.

    • Marimuthu Ganapathy
    • Rajagopal Ayshwarya
  • What is the registered address of Sree Vari Iron Steels Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Sree Vari Iron Steels Private Limited is No.183/6L, T H Road Tondiarpet India, Chennai, Tamil Nadu, 600081.

  • What is the corporate identification number (CIN) and company number of Sree Vari Iron Steels Private Limited?

    The corporate identification number (CIN) of Sree Vari Iron Steels Private Limited is U27104TN1997PTC037987 and the company number is 037987 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Sree Vari Iron Steels Private Limited?

    The Official website of Sree Vari Iron Steels Private Limited is https://www.sreevariironsteel.com

  • What has been the recent revenue trend for Sree Vari Iron Steels Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Sree Vari Iron Steels Private Limited has risen by 34.40%.

  • What change has been observed in the net worth of Sree Vari Iron Steels Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Sree Vari Iron Steels Private Limited has experienced an upsurge of 17.58%.

  • What are the total open charges for Sree Vari Iron Steels Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Sree Vari Iron Steels Private Limited amount to ₹ 10.14 Cr.

  • When was the last Balance Sheet of Sree Vari Iron Steels Private Limited filed with the ROC?

    The most recent Balance Sheet for Sree Vari Iron Steels Private Limited was filed with the ROC on 31 Mar 2024.