Veenit Ispat And Engineering Private Limited

Metal trading and engineering services since 2005 in Chattisgarh.

2005 | Bhilai, Chattisgarh (India) | Active
Last Updated: July 27, 2024

Veenit Ispat And Engineering Profile

Key Indicators

  • Authorised Capital ₹ 1.60 M
  • Paid Up Capital ₹ 1.57 M
  • Company Age 19 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 14.43 Cr
  • Satisfied Charges ₹ 4.70 Cr
  • Revenue Growth 160.85%
  • Profit Growth 9848.77%
  • Ebitda 89.92%
  • Net Worth 22.40%
  • Total Assets 20.77%

About Veenit Ispat And Engineering

Veenit Ispat And Engineering Private Limited (VIAEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 17 May 2005 and has a history of 19 years and nine months. Its registered office is in Bhilai, Chattisgarh, India.

The Company is engaged in the Machinery And Equipment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.60 M and a paid-up capital of Rs 1.57 M.

The company currently has active open charges totaling ₹14.43 Cr. The company has closed loans amounting to ₹4.70 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sudha Sharma and Santosh Sharma serve as directors at the Company.

Company Details

  • Location

    Bhilai, Chattisgarh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    vsind.net

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27106CT2005PTC017603

  • Company No.

    017603

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 May 2005

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chhattisgarh

Industry

Machinery and Equipment

Who are the key members and board of directors at Veenit Ispat And Engineering?

Board Members (2)

NameDesignationAppointment DateStatus
Sudha Sharma Country flag representing In Director 17-May-2005Current
Santosh Sharma Country flag representing In Director 17-May-2005Current

Financial Performance of Veenit Ispat And Engineering.

Veenit Ispat And Engineering Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 160.85% increase. The company also saw a substantial improvement in profitability, with a 9848.77% increase in profit. The company's net worth Soared by an impressive increase of 22.4%.

Graph illustrating revenue growth over time
Graph showing 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
160.85%
Revenue from Operations
160.99%
Total Assets
20.77%
Profit or Loss
9848.77%
Net Worth
22.40%
EBITDA
89.92%

What is the Ownership and Shareholding Structure of Veenit Ispat And Engineering?

In 2023, Veenit Ispat And Engineering had a promoter holding of 26.11% and a public holding of 73.89%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹144.30 M

Satisfied Charges

₹47.00 M

Charges Breakdown by Lending Institutions

  • Canara Bank : 14.43 Cr

Latest Charge Details

DateLenderAmountStatus
10 Mar 2023Canara Bank₹10.00 CrOpen
09 Nov 2021Canara Bank₹1.13 CrOpen
17 Jun 2008Canara Bank₹3.30 CrOpen
30 Jun 2008Canara Bank₹4.70 CrSatisfied

How Many Employees Work at Veenit Ispat And Engineering?

Veenit Ispat And Engineering has a workforce of 8 employees as of Apr 08, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Veenit Ispat And Engineering, 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 Veenit Ispat And Engineering'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 Veenit Ispat And Engineering

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Veenit Ispat And Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chhattisgarh.

    31 Mar 2023

  • Charges

    A charge registered on 30 Jun 2008 via Charge ID 10114198 with Canara Bank was fully satisfied on 27 Mar 2023.

    27 Mar 2023

  • Charges

    A charge with Canara Bank amounted to Rs. 100.00 M with Charge ID 100689561 was registered on 10 Mar 2023.

    10 Mar 2023

  • Charges

    A charge with Canara Bank of Rs. 33.00 M registered on 17 Jun 2008 with Charge ID 10114923 was modified on 10 Mar 2023.

    10 Mar 2023

  • Charges

    A charge with Canara Bank amounted to Rs. 11.30 M with Charge ID 100517801 was registered on 09 Nov 2021.

    09 Nov 2021

Frequently asked questions

  • Veenit Ispat And Engineering Private Limited was incorporated on 17 May 2005.

  • The authorized share capital of Veenit Ispat And Engineering Private Limited is ₹ 1.60 M and paid-up capital is ₹ 1.57 M.

  • Currently 2 directors are associated with Veenit Ispat And Engineering Private Limited.

    • Sudha Sharma
    • Santosh Kumar Sharma
  • As per Ministry of Corporate Affairs (Mca), the registered address of Veenit Ispat And Engineering Private Limited is 53/6 M.L Nehru Nagar (West), Bhilai, Chattisgarh, India, 490020.

  • The corporate identification number (CIN) of Veenit Ispat And Engineering Private Limited is U27106CT2005PTC017603 and the company number is 017603 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Veenit Ispat And Engineering Private Limited is https://www.vsind.net

  • According to the financial reports for the fiscal year 2023, the revenue trend for Veenit Ispat And Engineering Private Limited has risen by 160.85%.

  • As Per 2023 financial reports, 8 employees are currently employed by Veenit Ispat And Engineering Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Veenit Ispat And Engineering Private Limited has experienced an upsurge of 22.40%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Veenit Ispat And Engineering Private Limited amount to ₹ 14.43 Cr.

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