Velagapudi Steels Limited

Velagapudi Steels Limited

Hyderabad-based steel manufacturer for construction, with partnerships for raw materials and production.
1995 | Vijayawada, Andhra Pradesh (India) | Active

Last Updated:

July 03, 2024
HomeCompanyVelagapudi Steels Limited

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

Board Members(4)

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

Financial Performance and Corporate Structure Insights 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%.

Revenue Growth Graph
Profit Loss Graph
  • 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
638.21%
Revenue from Operations
Total Assets
-8.70%
Profit or Loss
-2046.90%
Net Worth
-43.09%
EBITDA
-2882.51%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges

₹37.25 Cr

LenderAmountStatus

Syndicate Bank

Creation Date: 20 Apr 2006
₹9.00 CrOpen

Industrial Development Bank Of India Limited

Creation Date: 24 Sep 2005
₹11.50 CrOpen

Industrial Development Bank Of India Ltd.

Creation Date: 24 Sep 2005
₹6.00 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 Graph

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Rating

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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.

    28 Sep 2019

  • Balance Sheet

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

    31 Mar 2019

  • 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 1 month .

    30 Sep 2012

  • 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.

    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.

    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.

    20 Apr 2006

Frequently asked questions

  • Velagapudi Steels Limited was incorporated on 21 Mar 1995.

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

  • Currently 4 directors are associated with Velagapudi Steels Limited.

    • Jayaram Ramanadham
    • Velagapudi Padmaja
    • Venkatarama Sastry Vadlamani
    • Sivaprasad Chivukula
  • 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, Vijayawada, Andhra Pradesh, India, 521104.

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

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

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

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

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

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