Varun Steel Castings Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 1.15 Cr
- Company Age 32 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 31.46 Cr
- Satisfied Charges ₹ 3.50 M
- Revenue Growth 26.00%
- Profit Growth -64.65%
- Ebitda 97.96%
- Net Worth 7.32%
- Total Assets 17.03%
About Varun Steel Castings
Varun Steel Castings Pvt Ltd (VSCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 August 1992 and has a history of 32 years and five months. Its registered office is in Punjab, Punjab.
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 2.00 Cr and a paid-up capital of Rs 1.15 Cr.
The company currently has active open charges totaling ₹31.46 Cr. The company has closed loans amounting to ₹3.50 M, as per Ministry of Corporate Affairs (MCA) records.
Dinesh Bansal, Siddharth Bansal, and Sameer Bansal serve as directors at the Company.
Company Details
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LocationPunjab, Punjab
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U27109PB1992PTC012529
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Company No.
012529
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
11 Aug 1992
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Date of AGM
31 Aug 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Chandigarh
Industry
Who are the key members and board of directors at Varun Steel Castings?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Dinesh Bansal
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Director | 01-Jun-1999 | Current |
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Siddharth Bansal
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Director | 11-Apr-2011 | Current |
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Sameer Bansal
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Director | 11-Apr-2011 | Current |
Financial Performance of Varun Steel Castings.
Varun Steel Castings Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 26% increase. The company also saw a substantial fall in profitability, with a 64.65% decrease in profit. The company's net worth moved up by a moderate rise of 7.32%.
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What is the Ownership and Shareholding Structure of Varun Steel Castings?
In 2023, Varun Steel Castings had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹31.46 Cr
₹0.35 Cr
Charges Breakdown by Lending Institutions
- Yes Bank Limited : 31.46 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 May 2019 | Yes Bank Limited | ₹31.46 Cr | Open |
| 03 Dec 2012 | Punjab And Sind Bank | ₹3.50 M | Satisfied |
How Many Employees Work at Varun Steel Castings?
Varun Steel Castings has a workforce of 43 employees as of Apr 05, 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 Varun Steel Castings, 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 Varun Steel Castings'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.
