Vel Steel Tubes & Engineering Private Limited
Manufactures mild-steel tubes and pipes for various clients.
2008 | Tiruvallur, Tamil Nadu (India) | Active
Vel Steel Tubes & Engineering Profile
Key Indicators
- Authorised Capital ₹ 2.10 Cr
- Paid Up Capital ₹ 2.05 Cr
- Company Age 16 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 15.42 Cr
- Satisfied Charges ₹ 3.60 Cr
- Revenue Growth -25.22%
- Profit Growth -901.68%
- Ebitda -24.42%
- Net Worth -14.62%
- Total Assets 8.32%
About Vel Steel Tubes & Engineering
Vel Steel Tubes & Engineering Private Limited (VSTEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 August 2008 and has a history of 16 years and eight months. Its registered office is in Tiruvallur, Tamil Nadu, India.
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 2023. It's a company limited by shares with an authorized capital of Rs 2.10 Cr and a paid-up capital of Rs 2.05 Cr.
The company currently has active open charges totaling ₹15.42 Cr. The company has closed loans amounting to ₹3.60 Cr, as per Ministry of Corporate Affairs (MCA) records.
Srinivasan Ranganathan, Raameshsaam, and Subbiah Naidu serve as directors at the Company.
Company Details
- Location
Tiruvallur, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U29253TN2008PTC068894
- Company No.
068894
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
18 Aug 2008
- Date of AGM
02 Nov 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Metals and Minerals
Vel Steel Tubes & Engineering Private Limited
Explore comprehensive data for Vel Steel Tubes & Engineering Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Vel Steel Tubes & Engineering?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Srinivasan Ranganathan  | Managing Director | 18-Aug-2008 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Raameshsaam | Director | 28-Sep-2023 | Current |
| Subbiah Naidu | Director | 06-Sep-2019 | Current |
Financial Performance of Vel Steel Tubes & Engineering.
Vel Steel Tubes & Engineering Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 25.22% decrease. The company also saw a substantial fall in profitability, with a 901.68% decrease in profit. The company's net worth observed a substantial decline by a decrease of 14.62%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Vel Steel Tubes & Engineering?
In 2021, Vel Steel Tubes & Engineering had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Hemalite Products Private LimitedRaameshsaam is a mutual person
- Eften Engineering Private Limited
Raameshsaam is a mutual person
- Amalgam Adhesives Private Limited
Raameshsaam is a mutual person
Charges (Loans)
Open Charges
₹15.42 Cr
Satisfied Charges
₹3.60 Cr
Charges Breakdown by Lending Institutions
- Others : 15.42 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Dec 2020 | Others | ₹2.00 Cr | Open |
| 08 Mar 2013 | Others | ₹13.42 Cr | Open |
| 16 Mar 2011 | Dhanalakshmi Bank Ltd | ₹6.00 M | Satisfied |
| 25 Aug 2010 | Dhanlaxmi Bank Limited | ₹3.00 Cr | Satisfied |
How Many Employees Work at Vel Steel Tubes & Engineering?
Unlock and access historical data on people associated with Vel Steel Tubes & Engineering, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Vel Steel Tubes & 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 Vel Steel Tubes & Engineering'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.
Latest Updates, News, and FAQs on Vel Steel Tubes & Engineering
Recent activity within the organization
- Annual General Meeting
Vel Steel Tubes & Engineering Private Limited last Annual general meeting of members was held on 02 Nov 2023 as per latest MCA records.
- Director Appointment
Raameshsaam was appointed as a Director was appointed as a Director on 28 Sep 2023 & has been associated with this company since 1 year 7 months .
- Balance Sheet
Vel Steel Tubes & Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.
- Charges
A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100404976 was registered on 21 Dec 2020.
- Charges
A charge with Others of Rs. 13.42 Cr registered on 08 Mar 2013 with Charge ID 10419823 was modified on 30 Sep 2019.
- Director Appointment
Subbiah Devan Naidu was appointed as a Director was appointed as a Director on 06 Sep 2019 & has been associated with this company since 5 years 8 months .
Frequently asked questions
What is the Incorporation or founding date of Vel Steel Tubes & Engineering Private Limited?
Vel Steel Tubes & Engineering Private Limited was incorporated on 18 Aug 2008.
What is authorized share capital and paid-up capital of Vel Steel Tubes & Engineering Private Limited?
The authorized share capital of Vel Steel Tubes & Engineering Private Limited is ₹ 2.10 Cr and paid-up capital is ₹ 2.05 Cr.
Who are the current board members & directors of Vel Steel Tubes & Engineering Private Limited?
Currently 3 directors are associated with Vel Steel Tubes & Engineering Private Limited.
- Srinivasan Ranganathan
- Raameshsaam
- Subbiah Devan Naidu
What is the registered address of Vel Steel Tubes & Engineering Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Vel Steel Tubes & Engineering Private Limited is Pakkam Village Post Thiruninravur India, Chennai, Tamil Nadu, 602024.
What is the corporate identification number (CIN) and company number of Vel Steel Tubes & Engineering Private Limited?
The corporate identification number (CIN) of Vel Steel Tubes & Engineering Private Limited is U29253TN2008PTC068894 and the company number is 068894 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Vel Steel Tubes & Engineering Private Limited?
According to the financial reports for the fiscal year 2021, the revenue trend for Vel Steel Tubes & Engineering Private Limited has fallen by -25.22%.
What change has been observed in the net worth of Vel Steel Tubes & Engineering Private Limited, and by what percentage?
The financial reports for the fiscal year 2021 indicates that The net worth of Vel Steel Tubes & Engineering Private Limited has experienced an downturn of -14.62%.
What are the total open charges for Vel Steel Tubes & Engineering Private Limited?
As per the financial statements for fiscal Year 2021, The total open charges for Vel Steel Tubes & Engineering Private Limited amount to ₹ 15.42 Cr.
When was the last Balance Sheet of Vel Steel Tubes & Engineering Private Limited filed with the ROC?
The most recent Balance Sheet for Vel Steel Tubes & Engineering Private Limited was filed with the ROC on 31 Mar 2023.
Unlock Business Insights – Explore Instantly!
Search company & director profiles for free and gain access to critical business data.
- 3.1M+ Companies
- 15M+ Legal Cases
- 525K+ Credit Ratings
- 5.8M+ Directors & KMP
- 750K+ Regulatory Alerts
- 1.1M+ Companies' Financial Records
People also Viewed
SS
Shanthi SeenivasanDirectorES
Elavaar SubbiahDirector
Similar Companies Based on Steel Manufacturing & Processing
Rashtriya Ispat Nigam Ltd Visakhapatnam, Andhra Pradesh, India
Posco Maharashtra Steel Private Limited Raigarh, Maharashtra, India
Orissa Metaliks Private Limited Kolkata, West Bengal, India
Jsw Steel Limited Mumbai, Maharashtra, India
Apl Apollo Tubes Limited Delhi, India
Jindal Stainless Limited Hisar, Haryana, India
Jsw Steel Coated Products Limited Mumbai, Maharashtra, India
Arcelormittal Nippon Steel India Limited Surat, Gujarat, India