Venky Hi-Tech Ispat Limited

Manufactures TMT bars and billets with large production capacity.

2003 | Bardhaman, West Bengal (India) | Active
Last Updated: January 04, 2025

Venky Hi-Tech Ispat Profile

Key Indicators

  • Authorised Capital ₹ 8.20 Cr
  • Paid Up Capital ₹ 4.67 Cr
  • Company Age 21 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 15.00 Cr
  • Satisfied Charges ₹ 56.04 Cr
  • Revenue Growth 42.61%
  • Profit Growth 134.28%
  • Ebitda 279.29%
  • Net Worth 86.47%
  • Total Assets 26.45%

About Venky Hi-Tech Ispat

Venky Hi-Tech Ispat Limited (VHIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 26 December 2003 and has a history of 21 years and one month. Its registered office is in Bardhaman, West Bengal, India.

The Corporate was formerly known as Bengal Hi-Tech Steels Private Limited. 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 8.20 Cr and a paid-up capital of Rs 4.67 Cr.

The company currently has active open charges totaling ₹15.00 Cr. The company has closed loans amounting to ₹56.04 Cr, as per Ministry of Corporate Affairs (MCA) records.

Abhishek Sharma, Aditya Sharma, Vishal Sharma, and One other member serve as directors at the Company.

Company Details

  • Location

    Bardhaman, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    vicontmt.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27109WB2003PLC097517

  • Company No.

    097517

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    26 Dec 2003

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Metals and Minerals

What products or services does Venky Hi-Tech Ispat Limited offer?

Venky Hi-Tech Ispat Limited offers a wide range of products and services, including Industrial Air Conditioner & Devices, Industrial Cooling System.

Who are the key members and board of directors at Venky Hi-Tech Ispat?

Board Members (4)

NameDesignationAppointment DateStatus
Abhishek Sharma Country flag representing In Director 28-Jan-2019Current
Aditya Sharma Country flag representing In Director 28-Dec-2019Current
Vishal Sharma Country flag representing In Director 28-Jan-2019Current
Imran Choudhary Country flag representing In Additional Director 22-Feb-2024Current

Financial Performance of Venky Hi-Tech Ispat.

Venky Hi-Tech Ispat Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 42.61% increase. The company also saw a substantial improvement in profitability, with a 134.28% increase in profit. The company's net worth Soared by an impressive increase of 86.47%.

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
42.61%
Revenue from Operations
45.52%
Total Assets
26.45%
Profit or Loss
134.28%
Net Worth
86.47%
EBITDA
279.29%

What is the Ownership and Shareholding Structure of Venky Hi-Tech Ispat?

In 2022, Venky Hi-Tech Ispat had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹15.00 Cr

Satisfied Charges

₹56.04 Cr

Charges Breakdown by Lending Institutions

  • Others : 15.00 Cr

Latest Charge Details

DateLenderAmountStatus
19 Dec 2019Others₹15.00 CrOpen
18 Dec 2020Axis Bank Limited₹2.11 MSatisfied
30 Aug 2016Others₹1.90 MSatisfied
30 Nov 2015L & T Finance Limited₹1.40 MSatisfied
28 Sep 2005State Bank Of India₹30.00 CrSatisfied

How Many Employees Work at Venky Hi-Tech Ispat?

Venky Hi-Tech Ispat has a workforce of 24 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 Venky Hi-Tech Ispat, 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 Venky Hi-Tech Ispat'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 Venky Hi-Tech Ispat

Recent activity within the organization

  • Charges

    A charge registered on 18 Dec 2020 via Charge ID 100398180 with Axis Bank Limited was fully satisfied on 06 Jun 2024.

    06 Jun 2024

  • Director Appointment

    Imran Ali Choudhary was appointed as a Additional Director was appointed as a Additional Director on 22 Feb 2024 & has been associated with this company since 1 year .

    22 Feb 2024

  • Annual General Meeting

    Venky Hi-Tech Ispat Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Venky Hi-Tech Ispat Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

    31 Mar 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.21 Cr with Charge ID 100398180 was registered on 18 Dec 2020.

    18 Dec 2020

  • Charges

    A charge registered on 30 Nov 2015 via Charge ID 10608180 with L & T Finance Limited was fully satisfied on 11 Jul 2020.

    11 Jul 2020

Frequently asked questions

  • Venky Hi-Tech Ispat Limited was incorporated on 26 Dec 2003.

  • The authorized share capital of Venky Hi-Tech Ispat Limited is ₹ 8.20 Cr and paid-up capital is ₹ 4.67 Cr.

  • Currently 4 directors are associated with Venky Hi-Tech Ispat Limited.

    • Abhishek Sharma
    • Aditya Sharma
    • Vishal Sharma
    • Imran Ali Choudhary
  • As per Ministry of Corporate Affairs (Mca), the registered address of Venky Hi-Tech Ispat Limited is 33 Masjid Bari Lane India, Jamuria, West Bengal, 713301.

  • The corporate identification number (CIN) of Venky Hi-Tech Ispat Limited is U27109WB2003PLC097517 and the company number is 097517 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Venky Hi-Tech Ispat Limited is https://www.vicontmt.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Venky Hi-Tech Ispat Limited has risen by 42.61%.

  • As Per 2022 financial reports, 24 employees are currently employed by Venky Hi-Tech Ispat Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Venky Hi-Tech Ispat Limited has experienced an upsurge of 86.47%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Venky Hi-Tech Ispat Limited amount to ₹ 15.00 Cr.

  • The most recent Balance Sheet for Venky Hi-Tech Ispat Limited was filed with the ROC on 31 Mar 2023.

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