Valley Iron & Steel Co. Profile
Key Indicators
- Authorised Capital ₹ 20.00 Cr
- Paid Up Capital ₹ 17.59 Cr
- Company Age 29 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1,527.88 Cr
- Satisfied Charges ₹ 629.53 Cr
- Revenue Growth -27.16%
- Profit Growth 213.75%
- Ebitda -65.35%
- Net Worth 106.20%
- Total Assets 3.51%
About Valley Iron & Steel Co.
Valley Iron & Steel Co. Limited (VISCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 17 July 1995 and has a history of 29 years and seven months. Its registered office is in Delhi, 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 20.00 Cr and a paid-up capital of Rs 17.59 Cr.
The company currently has active open charges totaling ₹1,527.88 Cr. The company has closed loans amounting to ₹629.53 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Valley Iron & Steel Co. Limited India are Anuj Giri as COMPANY SECRETARY and Joginder Chowhdery as Cfo. Hari Rai, Rupam Jha, Rakesh Bindal, and Two other members serve as directors at the Company.
Company Details
- Location
Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74899DL1995PLC070874
- Company No.
070874
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
17 Jul 1995
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Metals and Minerals
What products or services does Valley Iron & Steel Co. Limited offer?
Valley Iron & Steel Co. Limited offers a wide range of products and services, including Integrated Circuits, Power IC, Metal Sheets, Hot Rolled Sheets, Steel & Stainless Steel Products, Industrial Steel, Steel Products, Steel Billets, Stainless Steel Pipes, Stainless Steel Tube.
Who are the key members and board of directors at Valley Iron & Steel Co.?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Anuj Giri  | Company Secretary | 20-Jan-2015 | Current |
| Joginder Chowhdery | CFO | 02-Aug-2021 | Current |
| Rakesh Bindal | Managing Director | 22-Oct-2002 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Hari Rai | Director | 16-May-2003 | Current |
| Rupam Jha | Director | 13-Mar-2015 | Current |
| Joginder Chowdhery | Cfo and Director | 02-Aug-2021 | Current |
| Naveen Agarwal | Whole-Time Director | 11-Mar-2005 | Current |
Financial Performance of Valley Iron & Steel Co..
Valley Iron & Steel Co. Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 27.16% decrease. The company also saw a substantial improvement in profitability, with a 213.75% increase in profit. The company's net worth Soared by an impressive increase of 106.2%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Valley Iron & Steel Co.?
In 2023, Valley Iron & Steel Co. had a promoter holding of 90.56% and a public holding of 9.44%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Bindal Foundation
Rakesh Bindal is a mutual person
- Eltech Electro-Controls Private Limited
Joginder Chowdhery is a mutual person
- Fax Track Enterprises Private Limited
Joginder Chowdhery is a mutual person
Charges (Loans)
Open Charges
₹1,527.88 Cr
Satisfied Charges
₹629.53 Cr
Charges Breakdown by Lending Institutions
- Allahabad Bank (Consortium) : 728.00 Cr
- Idbi Trusteeship Services Limited : 586.80 Cr
- Allahabad Bank : 55.00 Cr
- Punjab & Sind Bank : 40.82 Cr
- Others : 37.51 Cr
- Others : 79.75 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Oct 2014 | Idbi Trusteeship Services Limited | ₹586.80 Cr | Open |
| 05 Nov 2013 | Punjab & Sind Bank | ₹5.82 Cr | Open |
| 31 May 2013 | Others | ₹3.05 Cr | Open |
| 31 May 2013 | Others | ₹3.04 Cr | Open |
| 31 May 2013 | Others | ₹2.95 Cr | Open |
How Many Employees Work at Valley Iron & Steel Co.?
Unlock and access historical data on people associated with Valley Iron & Steel Co., such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Valley Iron & Steel Co., 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 Valley Iron & Steel Co.'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 Valley Iron & Steel Co.
Recent activity within the organization
- Annual General Meeting
Valley Iron & Steel Co. Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Valley Iron & Steel Co. Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
- Charges
A charge registered on 25 Sep 2013 via Charge ID 10458076 with Indian Overseas Bank was fully satisfied on 02 Sep 2022.
- Charges
A charge registered on 12 Dec 2011 via Charge ID 10333743 with Indian Overseas Bank was fully satisfied on 02 Sep 2022.
- Charges
A charge registered on 08 Apr 2011 via Charge ID 10281744 with Indian Overseas Bank was fully satisfied on 02 Sep 2022.
- Charges
A charge registered on 11 Jul 2011 via Charge ID 10304547 with Syndicate Bank was fully satisfied on 15 Mar 2022.
Frequently asked questions
What is the Incorporation or founding date of Valley Iron & Steel Co. Limited?
Valley Iron & Steel Co. Limited was incorporated on 17 Jul 1995.
What is authorized share capital and paid-up capital of Valley Iron & Steel Co. Limited?
The authorized share capital of Valley Iron & Steel Co. Limited is ₹ 20.00 Cr and paid-up capital is ₹ 17.59 Cr.
Who are the current board members & directors of Valley Iron & Steel Co. Limited?
Currently 7 directors are associated with Valley Iron & Steel Co. Limited.
- Anuj Kumar Giri
- Joginder Kumar Chowhdery
- Hari Dwar Rai
- Rupam Jha
- Rakesh Bindal
- Joginder Kumar Chowdhery
- Naveen Agarwal
What is the registered address of Valley Iron & Steel Co. Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Valley Iron & Steel Co. Limited is A-104/10, Wazirpur Industrial Area India, Delhi, 110052.
What is the corporate identification number (CIN) and company number of Valley Iron & Steel Co. Limited?
The corporate identification number (CIN) of Valley Iron & Steel Co. Limited is U74899DL1995PLC070874 and the company number is 070874 as per Ministry of Corporate Affairs (MCA).
What is the official website of Valley Iron & Steel Co. Limited?
The Official website of Valley Iron & Steel Co. Limited is https://www.bindal.in
What has been the recent revenue trend for Valley Iron & Steel Co. Limited?
According to the financial reports for the fiscal year 2021, the revenue trend for Valley Iron & Steel Co. Limited has fallen by -27.16%.
What change has been observed in the net worth of Valley Iron & Steel Co. Limited, and by what percentage?
The financial reports for the fiscal year 2021 indicates that The net worth of Valley Iron & Steel Co. Limited has experienced an upsurge of 106.20%.
What are the total open charges for Valley Iron & Steel Co. Limited?
As per the financial statements for fiscal Year 2021, The total open charges for Valley Iron & Steel Co. Limited amount to ₹ 1,527.88 Cr.
When was the last Balance Sheet of Valley Iron & Steel Co. Limited filed with the ROC?
The most recent Balance Sheet for Valley Iron & Steel Co. Limited was filed with the ROC on 31 Mar 2024.
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