Venkata Sai Ispat Industries Private Limited
Manufactures sponge iron using coal-based DRI process with 200 TPD production capacity.
2008 | Hyderabad, Telangana (India) | Active
Venkata Sai Ispat Industries Profile
Key Indicators
- Authorised Capital ₹ 27.00 Cr
- Paid Up Capital ₹ 27.00 Cr
- Company Age 16 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 1.38 M
- Satisfied Charges ₹ 47.91 Cr
- Revenue Growth -18.46%
- Profit Growth -83.17%
- Ebitda -623.74%
- Net Worth -39.04%
- Total Assets -53.99%
About Venkata Sai Ispat Industries
Venkata Sai Ispat Industries Private Limited (VSIIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 26 July 2008 and has a history of 16 years and eight months. Its registered office is in Hyderabad, Telangana, India.
The Corporate was formerly known as Vendata Sai Ispat Industries Private Lemited. 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 27.00 Cr and a paid-up capital of Rs 27.00 Cr.
The company currently has active open charges totaling ₹1.38 M. The company has closed loans amounting to ₹47.91 Cr, as per Ministry of Corporate Affairs (MCA) records.
Narasimhappa Nagabhushana and Chinnappa Chandru serve as directors at the Company.
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U27310TG2008PTC060302
- Company No.
060302
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
26 Jul 2008
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Metals and Minerals
Who are the key members and board of directors at Venkata Sai Ispat Industries?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Narasimhappa Nagabhushana  | Director | 21-May-2024 | Current |
| Chinnappa Chandru | Director | 28-May-2024 | Current |
Financial Performance of Venkata Sai Ispat Industries.
Venkata Sai Ispat Industries Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 18.46% decrease. The company also saw a substantial fall in profitability, with a 83.17% decrease in profit. The company's net worth observed a substantial decline by a decrease of 39.04%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Venkata Sai Ispat Industries?
In 2021, Venkata Sai Ispat Industries had a promoter holding of 92.22% and a public holding of 7.78%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹0.14 Cr
Satisfied Charges
₹47.91 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 0.14 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Mar 2010 | Hdfc Bank Limited | ₹1.38 M | Open |
| 29 Jun 2020 | Others | ₹1.90 Cr | Satisfied |
| 29 Jun 2020 | Others | ₹3.78 Cr | Satisfied |
| 26 Dec 2011 | Andhra Bank | ₹2.38 Cr | Satisfied |
| 09 Apr 2010 | Others | ₹39.85 Cr | Satisfied |
How Many Employees Work at Venkata Sai Ispat Industries?
Venkata Sai Ispat Industries has a workforce of 22 employees as of Mar 30, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Venkata Sai Ispat Industries, 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 Venkata Sai Ispat Industries'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 Venkata Sai Ispat Industries
Recent activity within the organization
- Director Appointment
Chinnappa Chandru was appointed as a Director was appointed as a Director on 28 May 2024 & has been associated with this company since 10 months 3 days .
- Director Appointment
Narasimhappa Nagabhushana was appointed as a Director was appointed as a Director on 21 May 2024 & has been associated with this company since 10 months 10 days .
- Annual General Meeting
Venkata Sai Ispat Industries Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Venkata Sai Ispat Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.
- Charges
A charge registered on 29 Jun 2020 via Charge ID 100352810 with Others was fully satisfied on 04 Feb 2021.
- Charges
A charge registered on 29 Jun 2020 via Charge ID 100352969 with Others was fully satisfied on 04 Feb 2021.
Frequently asked questions
What is the Incorporation or founding date of Venkata Sai Ispat Industries Private Limited?
Venkata Sai Ispat Industries Private Limited was incorporated on 26 Jul 2008.
What is authorized share capital and paid-up capital of Venkata Sai Ispat Industries Private Limited?
The authorized share capital of Venkata Sai Ispat Industries Private Limited is ₹ 27.00 Cr and paid-up capital is ₹ 27.00 Cr.
Who are the current board members & directors of Venkata Sai Ispat Industries Private Limited?
Currently 2 directors are associated with Venkata Sai Ispat Industries Private Limited.
- Narasimhappa Nagabhushana
- Chinnappa Chandru
What is the registered address of Venkata Sai Ispat Industries Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Venkata Sai Ispat Industries Private Limited is Flat No 301 P S Residency Jaihind Enclave Madhapur, India, Hyderabad, Telangana, 500081.
What is the corporate identification number (CIN) and company number of Venkata Sai Ispat Industries Private Limited?
The corporate identification number (CIN) of Venkata Sai Ispat Industries Private Limited is U27310TG2008PTC060302 and the company number is 060302 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Venkata Sai Ispat Industries Private Limited?
According to the financial reports for the fiscal year 2021, the revenue trend for Venkata Sai Ispat Industries Private Limited has fallen by -18.46%.
How many employees does Venkata Sai Ispat Industries Private Limited currently have?
As Per 2021 financial reports, 22 employees are currently employed by Venkata Sai Ispat Industries Private Limited.
What change has been observed in the net worth of Venkata Sai Ispat Industries Private Limited, and by what percentage?
The financial reports for the fiscal year 2021 indicates that The net worth of Venkata Sai Ispat Industries Private Limited has experienced an downturn of -39.04%.
What are the total open charges for Venkata Sai Ispat Industries Private Limited?
As per the financial statements for fiscal Year 2021, The total open charges for Venkata Sai Ispat Industries Private Limited amount to ₹ 1.38 M.
When was the last Balance Sheet of Venkata Sai Ispat Industries Private Limited filed with the ROC?
The most recent Balance Sheet for Venkata Sai Ispat Industries Private Limited was filed with the ROC on 31 Mar 2023.
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