Vedik Ispat Profile
Key Indicators
- Authorised Capital ₹ 24.50 Cr
- Paid Up Capital ₹ 21.00 Cr
- Company Age 32 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 175.65 Cr
- Revenue Growth -39.70%
- Profit Growth 53.87%
- Ebitda 87.17%
- Net Worth -97.47%
- Total Assets -5.22%
About Vedik Ispat
Vedik Ispat Private Limited (VIPL) is a Private Limited Indian Non-Government Company incorporated in India on 06 August 1992 and has a history of 32 years and six months. Its registered office is in Bangaluru, Karnataka, India.
The Corporate was formerly known as Gbk Holdings Pvt Ltd. 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 24.50 Cr and a paid-up capital of Rs 21.00 Cr.
The company currently has active open charges totaling ₹175.65 Cr.
Sharad Bhutara and Narendrakumar Bhutara serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U27100KA1992PTC073298
- Company No.
073298
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
06 Aug 1992
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Who are the key members and board of directors at Vedik Ispat?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sharad Bhutara  | Managing Director | 18-Jul-2009 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Narendrakumar Bhutara | Whole-Time Director | 18-Jul-2009 | Current |
Financial Performance of Vedik Ispat.
Vedik Ispat Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 39.7% decrease. The company also saw a substantial improvement in profitability, with a 53.87% increase in profit. The company's net worth observed a substantial decline by a decrease of 97.47%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Vedik Ispat?
In 2022, Vedik 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.
Charges (Loans)
₹175.65 Cr
₹0
Charges Breakdown by Lending Institutions
- Others : 175.65 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Feb 2019 | Others | ₹10.00 Cr | Open |
| 28 Dec 2018 | Others | ₹45.00 Cr | Open |
| 22 Mar 2018 | Others | ₹12.28 Cr | Open |
| 29 Dec 2017 | Others | ₹22.18 Cr | Open |
| 16 Dec 2017 | Others | ₹18.00 Cr | Open |
How Many Employees Work at Vedik Ispat?
Vedik Ispat has a workforce of 2 employees as of Apr 06, 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 Vedik 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 Vedik Ispat'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.
