Victory Iron Works Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
- Paid Up Capital ₹ 2.26 Cr
- Company Age 75 Year, 3 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 three 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
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
| Metrics |
|
(FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
|
||||||
| Revenue from Operations |
|
||||||
| Total Assets |
|
||||||
| Profit or Loss |
|
||||||
| Net Worth |
|
||||||
| EBITDA |
|
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 LtdSuresh 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)
₹1.11 Cr
₹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.
