Victory Iron Works Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
- Paid Up Capital ₹ 2.26 Cr
- Company Age 75 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 1.11 Cr
- Satisfied Charges ₹ 5.72 Cr
- Revenue Growth 1.84%
- Profit Growth 126.81%
- Ebitda 221.67%
- Net Worth 21.64%
- Total Assets -7.30%
About Victory Iron Works
Victory Iron Works Ltd (VIWL) was founded in India on 25 October 1949 and has a glorious history of 75 years and five months. Its registered office is in Howrah, West Bengal, India.
The Corporate was formerly known as Victory Iron Works 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 3.00 Cr and a paid-up capital of Rs 2.26 Cr.
The company currently has active open charges totaling ₹1.11 Cr. The company has closed loans amounting to ₹5.72 Cr, as per Ministry of Corporate Affairs (MCA) records.
Suresh Agarwal, Satish Jhunjhunwala, and Samir Agarwal serve as directors at the Company.
Company Details
- Location
Howrah, West Bengal, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U51420WB1949PLC018367
- Company No.
018367
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
25 Oct 1949
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Kolkata
Industry
Manufacturing
Victory Iron Works Ltd
Explore comprehensive data for Victory Iron Works Ltd, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Victory Iron Works?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Satish Jhunjhunwala  | Managing Director | 01-Jun-2014 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Suresh Agarwal | Director | 12-Aug-2002 | Current |
| Samir Agarwal | Director Appointed In Casual Vacancy | 23-Sep-2016 | Current |
Financial Performance of Victory Iron Works.
Victory Iron Works Ltd, for the financial year ended 2023, experienced modest growth in revenue, with a 1.84% increase. The company also saw a substantial improvement in profitability, with a 126.81% increase in profit. The company's net worth Soared by an impressive increase of 21.64%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Victory Iron Works?
In 2023, Victory Iron Works had a promoter holding of 41.63% and a public holding of 58.37%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Shree Gobinddeo Glass Works Ltd
Suresh Agarwal, Satish Jhunjhunwala and 1 more are mutual person
- Victory Castings Ltd
Suresh Agarwal, Satish Jhunjhunwala and 1 more are mutual person
- On Purpose Foundation
Suresh Agarwal is a mutual person
- S K J Holding Pvt Ltd
Satish Jhunjhunwala is a mutual person
Charges (Loans)
Open Charges
₹1.11 Cr
Satisfied Charges
₹5.72 Cr
Charges Breakdown by Lending Institutions
- Canara Bank : 1.11 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Mar 2003 | Canara Bank | ₹3.20 M | Open |
| 01 Oct 2002 | Canara Bank | ₹1.50 M | Open |
| 07 Jun 1997 | Canara Bank | ₹2.50 M | Open |
| 07 Jun 1997 | Canara Bank | ₹3.90 M | Open |
| 24 Dec 1998 | The South Indian Bank Limited | ₹4.83 Cr | Satisfied |
How Many Employees Work at Victory Iron Works?
Victory Iron Works has a workforce of 69 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 Victory Iron Works, 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 Victory Iron Works'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 Victory Iron Works
Recent activity within the organization
- Annual General Meeting
Victory Iron Works Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Victory Iron Works Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.
- Director Appointment
Samir Agarwal was appointed as a Director Appointed In Casual Vacancy was appointed as a Director Appointed In Casual Vacancy on 23 Sep 2016 & has been associated with this company since 8 years 6 months .
- Charges
A charge registered on 24 Dec 1998 via Charge ID 90249204 with The South Indian Bank Limited was fully satisfied on 08 Jun 2015.
- Director Appointment
Satish Kumar Jhunjhunwala was appointed as a Managing Director was appointed as a Managing Director on 01 Jun 2014 & has been associated with this company since 10 years 10 months .
- Charges
A charge registered on 02 Jul 1996 via Charge ID 90250163 with West Bengal Financial Corporation was fully satisfied on 07 Apr 2011.
Frequently asked questions
What is the Incorporation or founding date of Victory Iron Works Ltd?
Victory Iron Works Ltd was incorporated on 25 Oct 1949.
What is authorized share capital and paid-up capital of Victory Iron Works Ltd?
The authorized share capital of Victory Iron Works Ltd is ₹ 3.00 Cr and paid-up capital is ₹ 2.26 Cr.
Who are the current board members & directors of Victory Iron Works Ltd?
Currently 3 directors are associated with Victory Iron Works Ltd.
- Suresh Agarwal
- Satish Kumar Jhunjhunwala
- Samir Agarwal
What is the registered address of Victory Iron Works Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of Victory Iron Works Ltd is P 26 Benaras Rdsalkia India, Howrah, West Bengal, 711106.
What is the corporate identification number (CIN) and company number of Victory Iron Works Ltd?
The corporate identification number (CIN) of Victory Iron Works Ltd is U51420WB1949PLC018367 and the company number is 018367 as per Ministry of Corporate Affairs (MCA).
What is the official website of Victory Iron Works Ltd?
The Official website of Victory Iron Works Ltd is https://www.victoryironworks.com
What has been the recent revenue trend for Victory Iron Works Ltd?
According to the financial reports for the fiscal year 2023, the revenue trend for Victory Iron Works Ltd has risen by 1.84%.
How many employees does Victory Iron Works Ltd currently have?
As Per 2023 financial reports, 69 employees are currently employed by Victory Iron Works Ltd.
What change has been observed in the net worth of Victory Iron Works Ltd, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Victory Iron Works Ltd has experienced an upsurge of 21.64%.
What are the total open charges for Victory Iron Works Ltd?
As per the financial statements for fiscal Year 2023, The total open charges for Victory Iron Works Ltd amount to ₹ 1.11 Cr.
When was the last Balance Sheet of Victory Iron Works Ltd filed with the ROC?
The most recent Balance Sheet for Victory Iron Works Ltd was filed with the ROC on 31 Mar 2023.
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