Velagapudi Steels Limited

Hyderabad-based steel manufacturer for construction, with partnerships for raw materials and production.

1995 | Krishna, Andhra Pradesh (India) | Active
Last Updated:

Velagapudi Steels Profile

Key Indicators

  • Authorised Capital ₹ 16.00 Cr
  • Paid Up Capital ₹ 11.52 Cr
  • Company Age 30 Year, 1 Month
  • Last Filing with ROC 31 Mar 2019
  • Open Charges ₹ 37.25 Cr
  • Revenue Growth 638.21%
  • Profit Growth -2046.90%
  • Ebitda -2882.51%
  • Net Worth -43.09%
  • Total Assets -8.70%

About Velagapudi Steels

Velagapudi Steels Limited (VSL) is a Public Limited Indian Non-Government Company incorporated in India on 21 March 1995 and has a history of 30 years and one month. Its registered office is in Krishna, Andhra Pradesh, 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 2019. It's a company limited by shares with an authorized capital of Rs 16.00 Cr and a paid-up capital of Rs 11.52 Cr.

The company currently has active open charges totaling ₹37.25 Cr.

Sivaprasad Chivukula, Venkatarama Vadlamani, Velagapudi Padmaja, and One other member serve as directors at the Company.

Company Details

  • Location

    Krishna, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27109AP1995PLC019753

  • Company No.

    019753

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    21 Mar 1995

  • Date of AGM

    28 Sep 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Metals and Minerals
Company report

Velagapudi Steels Limited

Explore comprehensive data for Velagapudi Steels Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Velagapudi Steels?

Board Members (4)

NameDesignationAppointment DateStatus
Sivaprasad Chivukula Country flag representing In Director 30-Mar-2005Current
Venkatarama Vadlamani Country flag representing In Director 17-Jan-2005Current
Velagapudi Padmaja Country flag representing In Director 21-Mar-1995Current
Jayaram Ramanadham Country flag representing In Nominee Director 30-Sep-2012Current

Financial Performance of Velagapudi Steels.

Velagapudi Steels Limited, for the financial year ended 2019, experienced significant growth in revenue, with a 638.21% increase. The company also saw a substantial fall in profitability, with a 2046.9% decrease in profit. The company's net worth observed a substantial decline by a decrease of 43.09%.

Velagapudi Steels revenue growth over time
Velagapudi Steels 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
638.21%
Revenue from Operations
Total Assets
-8.70%
Profit or Loss
-2046.90%
Net Worth
-43.09%
EBITDA
-2882.51%

What is the Ownership and Shareholding Structure of Velagapudi Steels?

In 2019, Velagapudi Steels had a promoter holding of 28.73% and a public holding of 71.28%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹37.25 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Industrial Development Bank Of India Limited : 11.50 Cr
  • Industrial Development Bank Of India : 10.75 Cr
  • Syndicate Bank : 9.00 Cr
  • Industrial Development Bank Of India Ltd. : 6.00 Cr

Latest Charge Details

DateLenderAmountStatus
20 Apr 2006Syndicate Bank₹9.00 CrOpen
24 Sep 2005Industrial Development Bank Of India Limited₹11.50 CrOpen
24 Sep 2005Industrial Development Bank Of India Ltd.₹6.00 CrOpen
12 Apr 2001Industrial Development Bank Of India₹3.25 CrOpen
03 Nov 1997Industrial Development Bank Of India₹7.50 CrOpen

How Many Employees Work at Velagapudi Steels?

Unlock and access historical data on people associated with Velagapudi Steels, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Velagapudi Steels Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Velagapudi Steels, 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 Velagapudi Steels'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 Velagapudi Steels

Recent activity within the organization

  • Annual General Meeting

    Velagapudi Steels Limited last Annual general meeting of members was held on 28 Sep 2019 as per latest MCA records.

  • Balance Sheet

    Velagapudi Steels Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Vijayawada.

  • Director Appointment

    Jayaram Ramanadham was appointed as a Nominee Director was appointed as a Nominee Director on 30 Sep 2012 & has been associated with this company since 12 years 6 months .

  • Charges

    A charge with Industrial Development Bank Of India Limited of Rs. 11.50 Cr registered on 24 Sep 2005 with Charge ID 80003849 was modified on 30 Jun 2009.

  • Charges

    A charge with Syndicate Bank of Rs. 9.00 Cr registered on 20 Apr 2006 with Charge ID 10002529 was modified on 04 Mar 2008.

  • Charges

    A charge with Syndicate Bank amounted to Rs. 9.00 Cr with Charge ID 10002529 was registered on 20 Apr 2006.

Frequently asked questions

  • What is the Incorporation or founding date of Velagapudi Steels Limited?

    Velagapudi Steels Limited was incorporated on 21 Mar 1995.

  • What is authorized share capital and paid-up capital of Velagapudi Steels Limited?

    The authorized share capital of Velagapudi Steels Limited is ₹ 16.00 Cr and paid-up capital is ₹ 11.52 Cr.

  • Who are the current board members & directors of Velagapudi Steels Limited?

    Currently 4 directors are associated with Velagapudi Steels Limited.

    • Sivaprasad Chivukula
    • Venkatarama Sastry Vadlamani
    • Velagapudi Padmaja
    • Jayaram Ramanadham

  • What is the registered address of Velagapudi Steels Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Velagapudi Steels Limited is D.No. 13-8/1 Nidamanuru, Beside Of Sail Stockyard Opp: Union Petrol Bunk India, Vijayawada, Andhra Pradesh, 521104.

  • What is the corporate identification number (CIN) and company number of Velagapudi Steels Limited?

    The corporate identification number (CIN) of Velagapudi Steels Limited is U27109AP1995PLC019753 and the company number is 019753 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Velagapudi Steels Limited?

    According to the financial reports for the fiscal year 2019, the revenue trend for Velagapudi Steels Limited has risen by 638.21%.

  • What change has been observed in the net worth of Velagapudi Steels Limited, and by what percentage?

    The financial reports for the fiscal year 2019 indicates that The net worth of Velagapudi Steels Limited has experienced an downturn of -43.09%.

  • What are the total open charges for Velagapudi Steels Limited?

    As per the financial statements for fiscal Year 2019, The total open charges for Velagapudi Steels Limited amount to ₹ 37.25 Cr.

  • When was the last Balance Sheet of Velagapudi Steels Limited filed with the ROC?

    The most recent Balance Sheet for Velagapudi Steels Limited was filed with the ROC on 31 Mar 2019.

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
Start Free Trial

People also Viewed

Similar Companies Based on Steel Manufacturing & Processing