Vedik Ispat Private Limited logo

Vedik Ispat Private Limited

Manufacturer of hot and cold-rolled sheets, billets, strips, flats, and steel tubes.
1992 | Bangalore, Karnataka (India) | Active

Last Updated:

December 19, 2024
HomeCompanyVedik Ispat Private Limited

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

Executive Team (1)

NameDesignationAppointment DateStatus
Sharad Bhutara InManaging Director18-Jul-2009Current

Board Members(1)

NameDesignationAppointment DateStatus
Narendrakumar Bhutara In Whole-Time Director 18-Jul-2009Current

Financial Performance and Corporate Structure Insights 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%.

Revenue Growth Graph
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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-39.70%
Revenue from Operations
-30.49%
Total Assets
-5.22%
Profit or Loss
53.87%
Net Worth
-97.47%
EBITDA
87.17%

Charges (Loans)

Open Charges

₹175.65 Cr

LenderAmountStatus

Others

Creation Date: 19 Feb 2019
₹10.00 CrOpen

Others

Creation Date: 28 Dec 2018
₹45.00 CrOpen

Others

Creation Date: 22 Mar 2018
₹12.28 CrOpen

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.

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Latest Updates, News, and FAQs on Vedik Ispat

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 68.20 Cr registered on 07 Mar 2011 with Charge ID 10274887 was modified on 16 Oct 2023.

    16 Oct 2023

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Vedik Ispat Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 10.00 Cr registered on 19 Feb 2019 with Charge ID 100254250 was modified on 30 Dec 2022.

    30 Dec 2022

  • Charges

    A charge with Others of Rs. 18.00 Cr registered on 16 Dec 2017 with Charge ID 100160671 was modified on 30 Dec 2022.

    30 Dec 2022

  • Charges

    A charge with Others of Rs. 12.28 Cr registered on 22 Mar 2018 with Charge ID 100186730 was modified on 30 Jul 2022.

    30 Jul 2022

Frequently asked questions

  • Vedik Ispat Private Limited was incorporated on 06 Aug 1992.

  • The authorized share capital of Vedik Ispat Private Limited is ₹ 24.50 Cr and paid-up capital is ₹ 21.00 Cr.

  • Currently 2 directors are associated with Vedik Ispat Private Limited.

    • Sharad Bhutara
    • Narendrakumar Bhutara
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vedik Ispat Private Limited is No 631 Sector C Ideal Homes Township R Nagar Kenchenahalli Halagehoderahalli, Kenger I Hobli India, Bangalore South Taluk, Karnataka, 560098.

  • The corporate identification number (CIN) of Vedik Ispat Private Limited is U27100KA1992PTC073298 and the company number is 073298 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Vedik Ispat Private Limited is https://www.vedik.co.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Vedik Ispat Private Limited has fallen by -39.70%.

  • As Per 2022 financial reports, 2 employees are currently employed by Vedik Ispat Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Vedik Ispat Private Limited has experienced an downturn of -97.47%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Vedik Ispat Private Limited amount to ₹ 175.65 Cr.

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

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