Venkateshwar Strips Private Limited

Manufactures iron and steel re-rolled products and steel tubes in Raipur, Chhattisgarh.

1996 | Raipur, Chattisgarh (India) | Active
Last Updated: January 06, 2025

Venkateshwar Strips Profile

Key Indicators

  • Authorised Capital ₹ 1.25 Cr
  • Paid Up Capital ₹ 1.15 Cr
  • Company Age 28 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 13.50 Cr
  • Satisfied Charges ₹ 10.64 Cr
  • Revenue Growth 14.92%
  • Profit Growth -21.26%
  • Ebitda -64.07%
  • Net Worth 15.40%
  • Total Assets 5.81%

About Venkateshwar Strips

Venkateshwar Strips Private Limited (VSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 17 July 1996 and has a history of 28 years and six months. Its registered office is in Raipur, Chattisgarh.

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 2024. It's a company limited by shares with an authorized capital of Rs 1.25 Cr and a paid-up capital of Rs 1.15 Cr.

The company currently has active open charges totaling ₹13.50 Cr. The company has closed loans amounting to ₹10.64 Cr, as per Ministry of Corporate Affairs (MCA) records.

Arun Maheshwari, Sanjay Maheshwari, and Nitish Maheshwari serve as directors at the Company.

Company Details

  • Location
    Raipur, Chattisgarh
  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27106CT1996PTC011020

  • Company No.

    011020

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Jul 1996

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chhattisgarh

Industry

Metals and Minerals

Who are the key members and board of directors at Venkateshwar Strips?

Board Members (3)

Name Designation Appointment Date Status
Nitish Maheshwari Country flag representing In Director 24-Aug-2015 Current
Arun Maheshwari Country flag representing In Director 17-Jul-1996 Current
Sanjay Maheshwari Country flag representing In Director 07-Jul-2007 Current

Financial Performance of Venkateshwar Strips.

Venkateshwar Strips Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 14.92% increase. The company also saw a substantial fall in profitability, with a 21.26% decrease in profit. The company's net worth Soared by an impressive increase of 15.4%.

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
14.92%
Revenue from Operations
14.59%
Total Assets
5.81%
Profit or Loss
-21.26%
Net Worth
15.40%
EBITDA
-64.07%

What is the Ownership and Shareholding Structure of Venkateshwar Strips?

In 2023, Venkateshwar Strips had a promoter holding of 84.05% and a public holding of 15.95%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹13.50 Cr

Satisfied Charges

₹10.64 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 13.50 Cr

Latest Charge Details

Date Lender Amount Status
28 Sep 2012 Hdfc Bank Limited ₹13.50 Cr Open
21 Dec 2020 Hdfc Bank Limited ₹1.38 M Satisfied
22 Nov 2012 Hdfc Bank Limited ₹4.50 Cr Satisfied
25 Oct 2010 State Bank Of India ₹3.00 Cr Satisfied
25 Oct 1997 State Bank Of India ₹3.00 Cr Satisfied

How Many Employees Work at Venkateshwar Strips?

Venkateshwar Strips has a workforce of 38 employees as of Apr 09, 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 Venkateshwar Strips, 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 Venkateshwar Strips'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 Venkateshwar Strips

Recent activity within the organization

  • Annual General Meeting

    Venkateshwar Strips Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

    27 Sep 2024

  • Charges

    A charge registered on 21 Dec 2020 via Charge ID 100401523 with Hdfc Bank Limited was fully satisfied on 19 Sep 2024.

    19 Sep 2024

  • Balance Sheet

    Venkateshwar Strips Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chhattisgarh.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 13.50 Cr registered on 28 Sep 2012 with Charge ID 10378126 was modified on 14 Feb 2023.

    14 Feb 2023

  • Charges

    A charge registered on 22 Nov 2012 via Charge ID 10388696 with Hdfc Bank Limited was fully satisfied on 18 Jul 2022.

    18 Jul 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.14 Cr with Charge ID 100401523 was registered on 21 Dec 2020.

    21 Dec 2020

Frequently asked questions

  • Venkateshwar Strips Private Limited was incorporated on 17 Jul 1996.

  • The authorized share capital of Venkateshwar Strips Private Limited is ₹ 1.25 Cr and paid-up capital is ₹ 1.15 Cr.

  • Currently 3 directors are associated with Venkateshwar Strips Private Limited.

    • Arun Kumar Maheshwari
    • Sanjay Kumar Maheshwari
    • Nitish Maheshwari
  • As per Ministry of Corporate Affairs (Mca), the registered address of Venkateshwar Strips Private Limited is Plot No.665/B 656 686A 687, Urla Industrialcomplex India, Raipur, Chattisgarh.

  • The corporate identification number (CIN) of Venkateshwar Strips Private Limited is U27106CT1996PTC011020 and the company number is 011020 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Venkateshwar Strips Private Limited is https://www.venkateshwargroup.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Venkateshwar Strips Private Limited has risen by 14.92%.

  • As Per 2023 financial reports, 38 employees are currently employed by Venkateshwar Strips Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Venkateshwar Strips Private Limited has experienced an upsurge of 15.40%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Venkateshwar Strips Private Limited amount to ₹ 13.50 Cr.

  • The most recent Balance Sheet for Venkateshwar Strips Private Limited was filed with the ROC on 31 Mar 2024.

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