V S L Steels Limited

Leading steel company expanding production with modernization and new facilities.

2003 | Bangaluru, Karnataka (India) | Active
Last Updated: January 09, 2025

V S L Steels Profile

Key Indicators

  • Authorised Capital ₹ 30.00 Cr
  • Paid Up Capital ₹ 28.00 Cr
  • Company Age 21 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 199.70 Cr
  • Revenue Growth -6.58%
  • Profit Growth 13.84%
  • Ebitda -20.48%
  • Net Worth -19.40%
  • Total Assets -3.74%

About V S L Steels

V S L Steels Limited (VSLSL) is a Public Limited Indian Non-Government Company incorporated in India on 25 November 2003 and has a history of 21 years and three months. Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Slr Steels Limited. 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 30.00 Cr and a paid-up capital of Rs 28.00 Cr.

The company has closed loans amounting to ₹199.70 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at V S L Steels Limited India is Nagaraja Gowdar as CFO. Vinay Lad, Eknath Lad, and Vishwas Lad serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    slaadgroup.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27109KA2003PLC058185

  • Company No.

    058185

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    25 Nov 2003

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Metals and Minerals

What products or services does V S L Steels Limited offer?

V S L Steels Limited offers a wide range of products and services, including Iron Metal, Pig Iron.

Who are the key members and board of directors at V S L Steels?

Executive Team (2)

NameDesignationAppointment DateStatus
Eknath Lad Country flag representing In Managing Director28-Sep-2005Current
Nagaraja Gowdar Country flag representing In CFO05-Mar-2015Current

Board Members (2)

NameDesignationAppointment DateStatus
Vinay Lad Country flag representing In Whole-Time Director 18-Mar-2006Current
Vishwas Lad Country flag representing In Director 20-Sep-2019Current

Financial Performance of V S L Steels.

V S L Steels Limited, for the financial year ended 2020, experienced Minor drop in revenue, with a 6.58% decrease. The company also saw a substantial improvement in profitability, with a 13.84% increase in profit. The company's net worth observed a substantial decline by a decrease of 19.4%.

Graph illustrating revenue growth over time
Graph showing 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
-6.58%
Revenue from Operations
Total Assets
-3.74%
Profit or Loss
13.84%
Net Worth
-19.40%
EBITDA
-20.48%

What is the Ownership and Shareholding Structure of V S L Steels?

In 2023, V S L 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

₹0

Satisfied Charges

₹199.70 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 179.75 Cr
  • State Bank Of India; : 14.95 Cr
  • State Bank Of Patiala : 5.00 Cr

Latest Charge Details

DateLenderAmountStatus
04 Aug 2005State Bank Of India;₹14.95 CrSatisfied
08 Sep 2004State Bank Of India₹10.50 CrSatisfied
08 Sep 2004State Bank Of India₹169.25 CrSatisfied
08 Sep 2004State Bank Of Patiala₹5.00 CrSatisfied

How Many Employees Work at V S L Steels?

V S L Steels has a workforce of 2 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of V S L 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 V S L 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 V S L Steels

Recent activity within the organization

  • Annual General Meeting

    V S L Steels Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    V S L Steels Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Director Appointment

    Vishwas Udayasingh Lad was appointed as a Director was appointed as a Director on 20 Sep 2019 & has been associated with this company since 5 years 5 months .

    20 Sep 2019

  • Charges

    A charge registered on 04 Aug 2005 via Charge ID 90059232 with State Bank Of India; was fully satisfied on 14 Jul 2016.

    14 Jul 2016

  • Charges

    A charge registered on 08 Sep 2004 via Charge ID 80036231 with State Bank Of India was fully satisfied on 18 Apr 2016.

    18 Apr 2016

  • Charges

    A charge registered on 08 Sep 2004 via Charge ID 80036236 with State Bank Of India was fully satisfied on 24 Mar 2016.

    24 Mar 2016

Frequently asked questions

  • V S L Steels Limited was incorporated on 25 Nov 2003.

  • The authorized share capital of V S L Steels Limited is ₹ 30.00 Cr and paid-up capital is ₹ 28.00 Cr.

  • Currently 4 directors are associated with V S L Steels Limited.

    • Vinay Eknath Lad
    • Eknath Vittal Rao Lad
    • Vishwas Udayasingh Lad
    • Nagaraja Gowdar
  • As per Ministry of Corporate Affairs (Mca), the registered address of V S L Steels Limited is 539 Ashwini Complex 4Th Floor Cmh Road Indiranagar, Hal 2Nd Stage India, Bangalore, Karnataka, 560038.

  • The corporate identification number (CIN) of V S L Steels Limited is U27109KA2003PLC058185 and the company number is 058185 as per Ministry of Corporate Affairs (MCA).

  • The Official website of V S L Steels Limited is https://www.slaadgroup.com

  • According to the financial reports for the fiscal year 2020, the revenue trend for V S L Steels Limited has fallen by -6.58%.

  • As Per 2020 financial reports, 2 employees are currently employed by V S L Steels Limited.

  • The financial reports for the fiscal year 2020 indicates that The net worth of V S L Steels Limited has experienced an downturn of -19.40%.

  • The most recent Balance Sheet for V S L Steels Limited was filed with the ROC on 31 Mar 2024.

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