Venus Pipes & Tubes Limited

Manufactures pipes and tubes, including stainless steel, with large production capacity.

2015 | Kachchh, Gujarat (India) | Active
Last Updated: November 27, 2024

Venus Pipes & Tubes Profile

Key Indicators

  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 20.37 Cr
  • Company Age 10 Year, 5 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 322.91 Cr
  • Satisfied Charges ₹ 251.48 Cr
  • Revenue Growth 42.59%
  • Profit Growth 39.60%
  • Ebitda 40.35%
  • Net Worth 150.68%
  • Total Assets 104.70%

About Venus Pipes & Tubes

Venus Pipes & Tubes Limited (VPTL) is a leading Public Limited Indian Non-Government Company incorporated in India on 17 February 2015 and has a history of Ten years. Its registered office is in Kachchh, Gujarat, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 543528.

The Corporate was formerly known as Venus Pipes & Tubes Private Limited. The Company is engaged in the Manufacturing 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 25.00 Cr and a paid-up capital of Rs 20.37 Cr.

The company currently has active open charges totaling ₹322.91 Cr. The company has closed loans amounting to ₹251.48 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Venus Pipes & Tubes Limited India are Kunal Bubna as CFO and Pavan Jain as Company Secretary. Kailash Bhandari, Arun Kothari, Megharam Choudhary, and Five other members serve as directors at the Company.

Company Details

  • Location

    Kachchh, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    venuspipes.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L74140GJ2015PLC082306

  • Company No.

    082306

  • Stock Symbol

    BSE : 543528

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    17 Feb 2015

  • Date of AGM

    25 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

Who are the key members and board of directors at Venus Pipes & Tubes?

Executive Team (3)

NameDesignationAppointment DateStatus
Arun Kothari Country flag representing In Managing Director10-Sep-2021Current
Kunal Bubna CFO30-Sep-2023Current
Pavan Jain Company Secretary14-Sep-2021Current

Board Members (7)

NameDesignationAppointment DateStatus
Pranay Surana Country flag representing In Director 19-Oct-2021Current
Kailash Bhandari Country flag representing In Director 19-Oct-2021Current
Megharam Choudhary Country flag representing In Whole-Time Director 17-Feb-2015Current
Jayantiram Choudhary Country flag representing In Whole-Time Director 17-Feb-2015Current
Shyam Agrawal Country flag representing In Director 19-Oct-2021Current
Dhruv Patel Country flag representing In Whole-Time Director 16-Jun-2015Current

Financial Performance of Venus Pipes & Tubes.

Venus Pipes & Tubes Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 42.59% increase. The company also saw a substantial improvement in profitability, with a 39.6% increase in profit. The company's net worth Soared by an impressive increase of 150.68%.

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
42.59%
Revenue from Operations
42.76%
Total Assets
104.70%
Profit or Loss
39.60%
Net Worth
150.68%
EBITDA
40.35%

What is the Ownership and Shareholding Structure of Venus Pipes & Tubes?

In 2023, Venus Pipes & Tubes had a promoter holding of 41.73% and a public holding of 58.27%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹322.91 Cr

Satisfied Charges

₹251.48 Cr

Charges Breakdown by Lending Institutions

  • Sbicap Trustee Company Limited : 190.91 Cr
  • Others : 64.00 Cr
  • Axis Bank Limited : 58.00 Cr
  • Tata Capital Financial Services Limited : 10.00 Cr

Latest Charge Details

DateLenderAmountStatus
05 Aug 2024Others₹10.00 CrOpen
25 Jan 2024Others₹4.00 CrOpen
25 Sep 2023Axis Bank Limited₹58.00 CrOpen
30 Jun 2023Others₹50.00 CrOpen
28 Mar 2022Sbicap Trustee Company Limited₹190.91 CrOpen

How Many Employees Work at Venus Pipes & Tubes?

Venus Pipes & Tubes has a workforce of 556 employees as of Nov 27, 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 Venus Pipes & Tubes, 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 Venus Pipes & Tubes'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 Venus Pipes & Tubes

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited of Rs. 58.00 Cr registered on 25 Sep 2023 with Charge ID 100811890 was modified on 02 Sep 2024.

    02 Sep 2024

  • Charges

    A charge with Others of Rs. 50.00 Cr registered on 30 Jun 2023 with Charge ID 100750996 was modified on 31 Aug 2024.

    31 Aug 2024

  • Charges

    A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100967742 was registered on 05 Aug 2024.

    05 Aug 2024

  • Charges

    A charge with Sbicap Trustee Company Limited of Rs. 190.91 Cr registered on 28 Mar 2022 with Charge ID 100562590 was modified on 30 Mar 2024.

    30 Mar 2024

  • Charges

    A charge with Others of Rs. 4.00 Cr registered on 25 Jan 2024 with Charge ID 100867734 was modified on 12 Mar 2024.

    12 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 4.00 Cr with Charge ID 100867734 was registered on 25 Jan 2024.

    25 Jan 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Venus Pipes & Tubes Limited was incorporated on 17 Feb 2015.

  • The authorized share capital of Venus Pipes & Tubes Limited is ₹ 25.00 Cr and paid-up capital is ₹ 20.37 Cr.

  • Currently 10 directors are associated with Venus Pipes & Tubes Limited.

    • Kailash Nath Bhandari
    • Arun Axaykumar Kothari
    • Megharam Sagramji Choudhary
    • Jayantiram Motiram Choudhary
    • Shyam Agrawal
    • Pranay Ashok Surana
    • Dhruv Mahendrakumar Patel
    • Komal Lokesh Khadaria
    • Kunal Bubna
    • Pavan Kumar Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Venus Pipes & Tubes Limited is Survey No. 233/2 And 234/1 Dhaneti India, Bhuj, Gujarat, 370020.

  • The corporate identification number (CIN) of Venus Pipes & Tubes Limited is L74140GJ2015PLC082306 and the company number is 082306 as per Ministry of Corporate Affairs (MCA).

  • Yes, Venus Pipes & Tubes Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Venus Pipes & Tubes Limited is https://www.venuspipes.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Venus Pipes & Tubes Limited has risen by 42.59%.

  • As Per 2023 financial reports, 556 employees are currently employed by Venus Pipes & Tubes Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Venus Pipes & Tubes Limited has experienced an upsurge of 150.68%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Venus Pipes & Tubes Limited amount to ₹ 322.91 Cr.

  • The most recent Balance Sheet for Venus Pipes & Tubes Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Pipe & Tubes