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Venkateswara Steels And Springs (India) Profile
Key Indicators
- Authorised Capital ₹ 1.72 Cr
- Paid Up Capital ₹ 1.48 Cr
- Company Age 19 Year, 6 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 30.20 Cr
- Satisfied Charges ₹ 4.33 Cr
- Revenue Growth 39.70%
- Profit Growth 1714.97%
- Ebitda 100.47%
- Net Worth 142.41%
- Total Assets 7.83%
About Venkateswara Steels And Springs (India)
Venkateswara Steels And Springs (India) Private Limited (VSASIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 02 February 2006 and has a history of 19 years. Its registered office is in Coimbatore, Tamil Nadu, India.
The Company is engaged in the Machinery And Equipment 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 1.72 Cr and a paid-up capital of Rs 1.48 Cr.
The company currently has active open charges totaling ₹30.20 Cr. The company has closed loans amounting to ₹4.33 Cr, as per Ministry of Corporate Affairs (MCA) records.
Mylai Vijayaraghavan, Mylai Ananthakrishnan, and Lakshmanan Dhanapal serve as directors at the Company.
Company Details
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Location
Coimbatore, Tamil Nadu, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U27310TZ2006PTC012531
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Company No.
012531
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
02 Feb 2006
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Coimbatore
Industry
What products or services does Venkateswara Steels And Springs (India) Private Limited offer?
Venkateswara Steels And Springs (India) Private Limited offers a wide range of products and services, including Compression Springs, Industrial Springs, Torsion Springs, Precise Torsion Spring.
Who are the key members and board of directors at Venkateswara Steels And Springs (India)?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mylai Vijayaraghavan
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Managing Director | 02-Feb-2006 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
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Mylai Ananthakrishnan
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Director | 02-Feb-2006 | Current |
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Lakshmanan Dhanapal
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Director | 02-Feb-2006 | Current |
Financial Performance of Venkateswara Steels And Springs (India).
Venkateswara Steels And Springs (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 39.7% increase. The company also saw a substantial improvement in profitability, with a 1714.97% increase in profit. The company's net worth Soared by an impressive increase of 142.41%.
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What is the Ownership and Shareholding Structure of Venkateswara Steels And Springs (India)?
In 2023, Venkateswara Steels And Springs (India) 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)
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Vss Springs Private LimitedMylai Vijayaraghavan and Mylai Ananthakrishnan are mutual person
Charges (Loans)
₹30.20 Cr
₹4.33 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 25.81 Cr
- Hdfc Bank Limited : 3.50 Cr
- Others : 0.89 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Jan 2024 | Hdfc Bank Limited | ₹3.15 Cr | Open |
| 10 Nov 2023 | Hdfc Bank Limited | ₹2.51 M | Open |
| 30 Sep 2023 | Hdfc Bank Limited | ₹1.00 M | Open |
| 31 May 2023 | Others | ₹8.90 M | Open |
| 30 May 2020 | State Bank Of India | ₹1.43 Cr | Open |
How Many Employees Work at Venkateswara Steels And Springs (India)?
Venkateswara Steels And Springs (India) has a workforce of 116 employees as of Apr 08, 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 Venkateswara Steels And Springs (India), 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 Venkateswara Steels And Springs (India)'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.