Vallabh Steels Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 4.95 Cr
- Company Age 44 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 125.00 Cr
- Satisfied Charges ₹ 363.67 Cr
- Revenue Growth -99.35%
- Profit Growth -8.95%
- Ebitda -15.54%
- Net Worth -114.30%
- Total Assets -26.53%
About Vallabh Steels
Vallabh Steels Limited (VSL) is a Public Limited Indian Non-Government Company incorporated in India on 25 November 1980 and has a history of 44 years and five months. Its registered office is in Ludhiana, Punjab, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 513397.
The Corporate was formerly known as Vallabh Steels Private Limited. The Company is engaged in the Engineering 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 5.00 Cr and a paid-up capital of Rs 4.95 Cr.
The company currently has active open charges totaling ₹125.00 Cr. The company has closed loans amounting to ₹363.67 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Vallabh Steels Limited India are Ajit Jha as CFO and Komal Bhalla as Company Secretary. Kapil Jain, Neelam Sharma, Suman Jain, and One other member serve as directors at the Company.
Company Details
- Location
Ludhiana, Punjab, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L27109PB1980PLC004327
- Company No.
004327
- Stock Symbol
BSE : 513397
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
25 Nov 1980
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Chandigarh
Industry
Engineering
What products or services does Vallabh Steels Limited offer?
Vallabh Steels Limited offers a wide range of products and services, including Metal & Metal Made Products, Metal Sheets, Industrial Pipe & Tube Fittings, Pipeline Accessories, Steel Sheets, Roofing and False ceiling, Roofing Sheets, Steel & Stainless Steel Products, Steel and Stainless Steel Coils.
Vallabh Steels Limited
Explore comprehensive data for Vallabh Steels Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Vallabh Steels?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kapil Jain  | Managing Director | 15-Mar-1992 | Current |
| Ajit Jha | CFO | 19-Nov-2019 | Current |
| Komal Bhalla | Company Secretary | 01-Feb-2020 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Neelam Sharma | Director | 29-Jan-2020 | Current |
| Suman Jain | Director | 06-Jun-2017 | Current |
| Manoj Kumar | Director | 28-Dec-2020 | Current |
Financial Performance of Vallabh Steels.
Vallabh Steels Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 99.35% decrease. The company also saw a slight decrease in profitability, with a 8.95% decrease in profit. The company's net worth observed a substantial decline by a decrease of 114.3%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Vallabh Steels?
In 2022, Vallabh Steels had a promoter holding of 61.48% and a public holding of 38.53%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹125.00 Cr
Satisfied Charges
₹363.67 Cr
Charges Breakdown by Lending Institutions
- Punjab National Bank : 118.00 Cr
- Oriental Bank Of Commerce : 7.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Feb 2015 | Oriental Bank Of Commerce | ₹7.00 Cr | Open |
| 05 Sep 1988 | Punjab National Bank | ₹59.00 Cr | Open |
| 04 May 1987 | Punjab National Bank | ₹59.00 Cr | Open |
| 19 Nov 2010 | Allahabad Bank | ₹5.00 Cr | Satisfied |
| 06 May 2008 | Punjab & Sind Bank | ₹19.00 Cr | Satisfied |
How Many Employees Work at Vallabh Steels?
Vallabh Steels has a workforce of 6 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Vallabh 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 Vallabh Steels's trajectory.
Rating
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
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 Vallabh Steels
Recent activity within the organization
- Annual General Meeting
Vallabh Steels Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Vallabh Steels Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
- Director Appointment
Manoj Kumar was appointed as a Director was appointed as a Director on 28 Dec 2020 & has been associated with this company since 4 years 4 months .
- Director Appointment
Neelam Sharma was appointed as a Director was appointed as a Director on 29 Jan 2020 & has been associated with this company since 5 years 3 months .
- Director Appointment
Ajit Kumar Jha was appointed as a Cfo was appointed as a Cfo on 19 Nov 2019 & has been associated with this company since 5 years 6 months .
- Charges
A charge registered on 13 Aug 1988 via Charge ID 90172715 with Punjab National Bank was fully satisfied on 20 Dec 2017.
Recent News, Updates & Announcement
Director Resigns, New Independent Director Appointed: BSE Regulations and Disclosure Followed.When a director resigns, it's important to follow regulations and disclose the information. Sh. Jawahar Jain has resigned and Sh. Suman Jain has been appointed as an independent director. #Resignation #NewDirector #Regulations #Disclosure #BSE.
Frequently asked questions
What is the Incorporation or founding date of Vallabh Steels Limited?
Vallabh Steels Limited was incorporated on 25 Nov 1980.
What is authorized share capital and paid-up capital of Vallabh Steels Limited?
The authorized share capital of Vallabh Steels Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.95 Cr.
Who are the current board members & directors of Vallabh Steels Limited?
Currently 6 directors are associated with Vallabh Steels Limited.
- Kapil Kumar Jain
- Neelam Sharma
- Suman Jain
- Manoj Kumar
- Ajit Kumar Jha
- Komal Bhalla
What is the registered address of Vallabh Steels Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Vallabh Steels Limited is G T Road Village Pawasahnewal Ludhiana India, Punjab, 141120.
What is the corporate identification number (CIN) and company number of Vallabh Steels Limited?
The corporate identification number (CIN) of Vallabh Steels Limited is L27109PB1980PLC004327 and the company number is 004327 as per Ministry of Corporate Affairs (MCA).
Is Vallabh Steels Limited registered with any stock exchange in India?
Yes, Vallabh Steels Limited is registered on Bombay Stock Exchange (BSE).
What is the official website of Vallabh Steels Limited?
The Official website of Vallabh Steels Limited is https://www.vallabhsteelsltd.in
What has been the recent revenue trend for Vallabh Steels Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Vallabh Steels Limited has fallen by -99.35%.
How many employees does Vallabh Steels Limited currently have?
As Per 2023 financial reports, 6 employees are currently employed by Vallabh Steels Limited.
What change has been observed in the net worth of Vallabh Steels Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Vallabh Steels Limited has experienced an downturn of -114.30%.
What are the total open charges for Vallabh Steels Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Vallabh Steels Limited amount to ₹ 125.00 Cr.
When was the last Balance Sheet of Vallabh Steels Limited filed with the ROC?
The most recent Balance Sheet for Vallabh Steels Limited was filed with the ROC on 31 Mar 2024.
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