Varun Steel Castings Pvt Ltd

Manufacturing various types of ferrous and nonferrous metals and products, including castings, forgings, and finished goods.

1992 | Punjab, Punjab (India) | Active
Last Updated:

Varun Steel Castings Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.15 Cr
  • Company Age 32 Year, 8 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 eight 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

  • Location Punjab, Punjab
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27109PB1992PTC012529

  • Company No.

    012529

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Aug 1992

  • Date of AGM

    31 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Metals and Minerals
Company report

Varun Steel Castings Pvt Ltd

Explore comprehensive data for Varun Steel Castings Pvt Ltd, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (3)

NameDesignationAppointment DateStatus
Dinesh Bansal Country flag representing In Director 01-Jun-1999Current
Siddharth Bansal Country flag representing In Director 11-Apr-2011Current
Sameer Bansal Country flag representing In Director 11-Apr-2011Current

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%.

Varun Steel Castings revenue growth over time
Varun Steel Castings 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
26.00%
Revenue from Operations
26.52%
Total Assets
17.03%
Profit or Loss
-64.65%
Net Worth
7.32%
EBITDA
97.96%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹31.46 Cr

Satisfied Charges

₹0.35 Cr

Charges Breakdown by Lending Institutions

  • Yes Bank Limited : 31.46 Cr

Latest Charge Details

DateLenderAmountStatus
17 May 2019Yes Bank Limited₹31.46 CrOpen
03 Dec 2012Punjab And Sind Bank₹3.50 MSatisfied

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.

Employee growth trends for Varun Steel Castings Pvt Ltd

Deals i

Graph showing company valuation over time

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

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 Varun Steel Castings

Recent activity within the organization

  • Annual General Meeting

    Varun Steel Castings Pvt Ltd last Annual general meeting of members was held on 31 Aug 2024 as per latest MCA records.

  • Balance Sheet

    Varun Steel Castings Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

  • Charges

    A charge with Yes Bank Limited of Rs. 31.46 Cr registered on 17 May 2019 with Charge ID 100262535 was modified on 30 Jan 2024.

  • Charges

    A charge registered on 03 Dec 2012 via Charge ID 10400035 with Punjab And Sind Bank was fully satisfied on 29 May 2019.

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 31.46 Cr with Charge ID 100262535 was registered on 17 May 2019.

  • Charges

    A charge with Punjab And Sind Bank amounted to Rs. 0.35 Cr with Charge ID 10400035 was registered on 03 Dec 2012.

Frequently asked questions

  • What is the Incorporation or founding date of Varun Steel Castings Pvt Ltd?

    Varun Steel Castings Pvt Ltd was incorporated on 11 Aug 1992.

  • What is authorized share capital and paid-up capital of Varun Steel Castings Pvt Ltd?

    The authorized share capital of Varun Steel Castings Pvt Ltd is ₹ 2.00 Cr and paid-up capital is ₹ 1.15 Cr.

  • Who are the current board members & directors of Varun Steel Castings Pvt Ltd?

    Currently 3 directors are associated with Varun Steel Castings Pvt Ltd.

    • Dinesh Kumar Bansal
    • Siddharth Bansal
    • Sameer Bansal

  • What is the registered address of Varun Steel Castings Pvt Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Varun Steel Castings Pvt Ltd is G T Roadmandi Gobindgarh Fatehgarh Sahib India, Punjab.

  • What is the corporate identification number (CIN) and company number of Varun Steel Castings Pvt Ltd?

    The corporate identification number (CIN) of Varun Steel Castings Pvt Ltd is U27109PB1992PTC012529 and the company number is 012529 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Varun Steel Castings Pvt Ltd?

    According to the financial reports for the fiscal year 2023, the revenue trend for Varun Steel Castings Pvt Ltd has risen by 26.00%.

  • How many employees does Varun Steel Castings Pvt Ltd currently have?

    As Per 2023 financial reports, 43 employees are currently employed by Varun Steel Castings Pvt Ltd.

  • What change has been observed in the net worth of Varun Steel Castings Pvt Ltd, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Varun Steel Castings Pvt Ltd has experienced an upsurge of 7.32%.

  • What are the total open charges for Varun Steel Castings Pvt Ltd?

    As per the financial statements for fiscal Year 2023, The total open charges for Varun Steel Castings Pvt Ltd amount to ₹ 31.46 Cr.

  • When was the last Balance Sheet of Varun Steel Castings Pvt Ltd filed with the ROC?

    The most recent Balance Sheet for Varun Steel Castings Pvt Ltd was filed with the ROC on 31 Mar 2024.

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