Vardhman Adarsh Ispat Private Limited

Manufacturer of high-quality steel bars conforming to IS standards, primarily used in construction.

2000 | Delhi (India) | Active
Last Updated: December 29, 2024

Vardhman Adarsh Ispat Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 1.50 Cr
  • Company Age 24 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 153.53 Cr
  • Satisfied Charges ₹ 10.00 Cr
  • Revenue Growth -9.99%
  • Profit Growth -37.66%
  • Ebitda -73.43%
  • Net Worth 15.97%
  • Total Assets 83.77%

About Vardhman Adarsh Ispat

Vardhman Adarsh Ispat Private Limited (VAIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 10 March 2000 and has a history of 24 years and ten 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 2023. It's a company limited by shares with an authorized capital of Rs 3.00 Cr and a paid-up capital of Rs 1.50 Cr.

The company currently has active open charges totaling ₹153.53 Cr. The company has closed loans amounting to ₹10.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ashwani Garg, Adarsh Garg, Shubham Gupta, and One other member serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U27101DL2000PTC286050

  • Company No.

    286050

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Mar 2000

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Metals and Minerals

What products or services does Vardhman Adarsh Ispat Private Limited offer?

Vardhman Adarsh Ispat Private Limited offers a wide range of products and services, including TMT Bars, SS TMT Bar.

Who are the key members and board of directors at Vardhman Adarsh Ispat?

Board Members (4)

NameDesignationAppointment DateStatus
Ashwani Garg Country flag representing In Director 01-Apr-2010Current
Adarsh Garg Country flag representing In Director 01-Dec-2016Current
Shubham Gupta Country flag representing In Director 29-Sep-2016Current
Amit Tomer Country flag representing In Director 16-Aug-2024Current

Financial Performance of Vardhman Adarsh Ispat.

Vardhman Adarsh Ispat Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 9.99% decrease. The company also saw a substantial fall in profitability, with a 37.66% decrease in profit. The company's net worth Soared by an impressive increase of 15.97%.

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
-9.99%
Revenue from Operations
-10.24%
Total Assets
83.77%
Profit or Loss
-37.66%
Net Worth
15.97%
EBITDA
-73.43%

What is the Ownership and Shareholding Structure of Vardhman Adarsh Ispat?

In 2023, Vardhman Adarsh Ispat 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

₹153.53 Cr

Satisfied Charges

₹10.00 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 153.53 Cr

Latest Charge Details

DateLenderAmountStatus
20 Jul 2024Hdfc Bank Limited₹3.20 MOpen
30 Aug 2023Hdfc Bank Limited₹27.00 CrOpen
23 May 2018Hdfc Bank Limited₹126.21 CrOpen
02 Mar 2017Others₹2.70 CrSatisfied
28 Sep 2015State Bank Of Patiala₹2.70 CrSatisfied

How Many Employees Work at Vardhman Adarsh Ispat?

Vardhman Adarsh Ispat has a workforce of 137 employees as of Dec 29, 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 Vardhman Adarsh Ispat, 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 Vardhman Adarsh Ispat'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 Vardhman Adarsh Ispat

Recent activity within the organization

  • Director Appointment

    Amit Kumar Tomer was appointed as a Director was appointed as a Director on 16 Aug 2024 & has been associated with this company since 5 months 16 days .

    16 Aug 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.32 Cr with Charge ID 100958843 was registered on 20 Jul 2024.

    20 Jul 2024

  • Annual General Meeting

    Vardhman Adarsh Ispat Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 27.00 Cr with Charge ID 100823277 was registered on 30 Aug 2023.

    30 Aug 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 126.21 Cr registered on 23 May 2018 with Charge ID 100187513 was modified on 20 Jun 2023.

    20 Jun 2023

  • Balance Sheet

    Vardhman Adarsh Ispat Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

Frequently asked questions

  • Vardhman Adarsh Ispat Private Limited was incorporated on 10 Mar 2000.

  • The authorized share capital of Vardhman Adarsh Ispat Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 1.50 Cr.

  • Currently 4 directors are associated with Vardhman Adarsh Ispat Private Limited.

    • Ashwani Kumar Garg
    • Adarsh Garg
    • Shubham Gupta
    • Amit Kumar Tomer
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vardhman Adarsh Ispat Private Limited is E-312, Greater Kailash Part-Ii India, New Delhi, 110019.

  • The corporate identification number (CIN) of Vardhman Adarsh Ispat Private Limited is U27101DL2000PTC286050 and the company number is 286050 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Vardhman Adarsh Ispat Private Limited is https://www.vardhmanadarshispat.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Vardhman Adarsh Ispat Private Limited has fallen by -9.99%.

  • As Per 2023 financial reports, 137 employees are currently employed by Vardhman Adarsh Ispat Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Vardhman Adarsh Ispat Private Limited has experienced an upsurge of 15.97%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Vardhman Adarsh Ispat Private Limited amount to ₹ 153.53 Cr.

  • The most recent Balance Sheet for Vardhman Adarsh Ispat Private Limited was filed with the ROC on 31 Mar 2023.

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