Vardhman Special Steels Profile
Key Indicators
- Authorised Capital ₹ 100.00 Cr
- Paid Up Capital ₹ 81.56 Cr
- Company Age 14 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 615.00 Cr
- Satisfied Charges ₹ 328.75 Cr
- Revenue Growth 47.08%
- Profit Growth 127.97%
- Ebitda 68.05%
- Net Worth 20.81%
- Total Assets 14.72%
About Vardhman Special Steels
Vardhman Special Steels Limited (VSSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 14 May 2010 and has a history of 14 years and eight months. Its registered office is in Ludhiana, Punjab, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 534392 and on the National Stock Exchange(NSE) under VSSL.
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 100.00 Cr and a paid-up capital of Rs 81.56 Cr.
The company currently has active open charges totaling ₹615.00 Cr. The company has closed loans amounting to ₹328.75 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Vardhman Special Steels Limited India are Sanjeev Singla as CFO and Sonam Taneja as Company Secretary. Rakesh Jain, Rajinder Jain, Sanjoy Bhattacharyya, and Ten other members serve as directors at the Company.
Company Details
- Location
Ludhiana, Punjab, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media-
Corporate Identity Details
Industry
Who are the key members and board of directors at Vardhman Special Steels?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sachit Jain  | Managing Director | 14-May-2010 | Current |
| Sanjeev Singla | CFO | 17-May-2014 | Current |
| Sonam Taneja | Company Secretary | 31-Jan-2015 | Current |
Board Members (12)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vidya Shah | Director | 25-Jul-2022 | Current |
| Rajendar Rewari | Whole-Time Director | 25-Jul-2022 | Current |
| Randhir Kalsi | Additional Director | 07-Nov-2024 | Current |
| Rakesh Jain | Director | 27-Apr-2018 | Current |
| Rajinder Jain | Director | 15-Mar-2011 | Current |
| Sanjoy Bhattacharyya | Director | 30-Oct-2015 | Current |
Financial Performance of Vardhman Special Steels.
Vardhman Special Steels Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 47.08% increase. The company also saw a substantial improvement in profitability, with a 127.97% increase in profit. The company's net worth Soared by an impressive increase of 20.81%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Vardhman Special Steels?
In 2022, Vardhman Special Steels had a promoter holding of 60.78% and a public holding of 39.21%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Charges (Loans)
₹615.00 Cr
₹328.75 Cr
Charges Breakdown by Lending Institutions
- Others : 575.00 Cr
- Hdfc Bank Limited : 40.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Jun 2019 | Hdfc Bank Limited | ₹40.00 Cr | Open |
| 23 Jan 2019 | Others | ₹75.00 Cr | Open |
| 25 May 2011 | Others | ₹500.00 Cr | Open |
| 29 Oct 2015 | State Bank Of India | ₹65.00 Cr | Satisfied |
| 29 Oct 2015 | State Bank Of India | ₹28.00 Cr | Satisfied |
How Many Employees Work at Vardhman Special Steels?
Vardhman Special Steels has a workforce of 1357 employees as of Mar 28, 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 Vardhman Special 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 Vardhman Special 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.
