Varadvinayak Steel Private Limited

Manufactures and processes metal and steel products for various industries.

2014 | Satara, Maharashtra (India) | Active
Last Updated: December 07, 2024

Varadvinayak Steel Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 6.00 M
  • Company Age 10 Year, 11 Months
  • Last Filing with ROC 31 Mar 2020
  • Open Charges ₹ 4.46 Cr
  • Revenue Growth -36.91%
  • Profit Growth 97.57%
  • Ebitda 18.07%
  • Net Worth -1.81%
  • Total Assets -2.04%

About Varadvinayak Steel

Varadvinayak Steel Private Limited (VSPL) is a Private Limited Indian Non-Government Company incorporated in India on 07 March 2014 and has a history of Ten years and 11 months. Its registered office is in Satara, Maharashtra, 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 2020. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 6.00 M.

The company currently has active open charges totaling ₹4.46 Cr.

Vitthal Kulkarni and Suraj Gaidhani serve as directors at the Company.

Company Details

  • Location

    Satara, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27310PN2014PTC150895

  • Company No.

    150895

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Mar 2014

  • Date of AGM

    31 Dec 2020

  • Date of Balance Sheet

    31 Mar 2020

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Metals and Minerals

Who are the key members and board of directors at Varadvinayak Steel?

Board Members (2)

Name Designation Appointment Date Status
Vitthal Kulkarni Country flag representing In Additional Director 18-Jun-2021 Current
Suraj Gaidhani Country flag representing In Additional Director 18-Jun-2021 Current

Financial Performance of Varadvinayak Steel.

Varadvinayak Steel Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 36.91% decrease. The company also saw a substantial improvement in profitability, with a 97.57% increase in profit. The company's net worth dipped by a decrease of 1.81%.

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
-36.91%
Revenue from Operations
-64.71%
Total Assets
-2.04%
Profit or Loss
97.57%
Net Worth
-1.81%
EBITDA
18.07%

What is the Ownership and Shareholding Structure of Varadvinayak Steel?

In 2020, Varadvinayak Steel 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

₹4.46 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 4.46 Cr

Latest Charge Details

Date Lender Amount Status
17 Feb 2016 Others ₹4.46 Cr Open

How Many Employees Work at Varadvinayak Steel?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Varadvinayak Steel, 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 Varadvinayak Steel'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 Varadvinayak Steel

Recent activity within the organization

  • Director Appointment

    Vitthal Govind Kulkarni was appointed as a Additional Director was appointed as a Additional Director on 18 Jun 2021 & has been associated with this company since 3 years 7 months .

    18 Jun 2021

  • Director Appointment

    Suraj Satyajeet Gaidhani was appointed as a Additional Director was appointed as a Additional Director on 18 Jun 2021 & has been associated with this company since 3 years 7 months .

    18 Jun 2021

  • Annual General Meeting

    Varadvinayak Steel Private Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.

    31 Dec 2020

  • Balance Sheet

    Varadvinayak Steel Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Pune.

    31 Mar 2020

  • Charges

    A charge with Others of Rs. 4.46 Cr registered on 17 Feb 2016 with Charge ID 100032009 was modified on 25 Oct 2018.

    25 Oct 2018

  • Charges

    A charge with Others amounted to Rs. 4.46 Cr with Charge ID 100032009 was registered on 17 Feb 2016.

    17 Feb 2016

Frequently asked questions

  • Varadvinayak Steel Private Limited was incorporated on 07 Mar 2014.

  • The authorized share capital of Varadvinayak Steel Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 6.00 M.

  • Currently 2 directors are associated with Varadvinayak Steel Private Limited.

    • Vitthal Govind Kulkarni
    • Suraj Satyajeet Gaidhani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Varadvinayak Steel Private Limited is Gat No 1645 Ninam India, Satara, Maharashtra, 415519.

  • The corporate identification number (CIN) of Varadvinayak Steel Private Limited is U27310PN2014PTC150895 and the company number is 150895 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Varadvinayak Steel Private Limited has fallen by -36.91%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Varadvinayak Steel Private Limited has experienced an downturn of -1.81%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Varadvinayak Steel Private Limited amount to ₹ 4.46 Cr.

  • The most recent Balance Sheet for Varadvinayak Steel Private Limited was filed with the ROC on 31 Mar 2020.

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