Vijay Steel Corporation Private Limited

Steel trading company offering a variety of long steel products to clients in Mumbai.

1995 | Mumbai, Maharashtra (India) | Active
Last Updated: June 18, 2024

Vijay Steel Corporation Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 3.28 Cr
  • Company Age 29 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 121.83 Cr
  • Satisfied Charges ₹ 128.09 Cr
  • Revenue Growth -5.47%
  • Profit Growth -1281.26%
  • Ebitda -58.59%
  • Net Worth -25.59%
  • Total Assets 4.49%

About Vijay Steel Corporation

Vijay Steel Corporation Private Limited (VSCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 May 1995 and has a history of 29 years and eight months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Vicksons 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 5.00 Cr and a paid-up capital of Rs 3.28 Cr.

The company currently has active open charges totaling ₹121.83 Cr. The company has closed loans amounting to ₹128.09 Cr, as per Ministry of Corporate Affairs (MCA) records.

Parasuraman Iyer and Narendra Paliwal serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27100MH1995PTC088530

  • Company No.

    088530

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 May 1995

  • Date of AGM

    28 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Metals and Minerals

Who are the key members and board of directors at Vijay Steel Corporation?

Executive Team (1)

Name Designation Appointment Date Status
Narendra Paliwal Country flag representing In Managing Director 19-May-1995 Current

Board Members (1)

Name Designation Appointment Date Status
Parasuraman Iyer Country flag representing In Whole-Time Director 16-Nov-2004 Current

Financial Performance of Vijay Steel Corporation.

Vijay Steel Corporation Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 5.47% decrease. The company also saw a substantial fall in profitability, with a 1281.26% decrease in profit. The company's net worth observed a substantial decline by a decrease of 25.59%.

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
-5.47%
Revenue from Operations
-1.74%
Total Assets
4.49%
Profit or Loss
-1281.26%
Net Worth
-25.59%
EBITDA
-58.59%

What is the Ownership and Shareholding Structure of Vijay Steel Corporation?

In 2023, Vijay Steel Corporation had a promoter holding of 99.62% and a public holding of 0.38%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹121.83 Cr

Satisfied Charges

₹128.09 Cr

Charges Breakdown by Lending Institutions

  • Others : 38.00 Cr
  • Hdfc Bank Limited : 36.08 Cr
  • Axis Bank Limited : 28.56 Cr
  • Sidbi : 19.19 Cr

Latest Charge Details

Date Lender Amount Status
16 Jan 2024 Hdfc Bank Limited ₹36.08 Cr Open
13 Sep 2023 Sidbi ₹16.00 Cr Open
18 Aug 2023 Others ₹25.00 Cr Open
11 Oct 2022 Others ₹13.00 Cr Open
11 Jan 2022 Axis Bank Limited ₹28.56 Cr Open

How Many Employees Work at Vijay Steel Corporation?

Vijay Steel Corporation has a workforce of 4 employees as of Apr 02, 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 Vijay Steel Corporation, 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 Vijay Steel Corporation'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 Vijay Steel Corporation

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 36.08 Cr with Charge ID 100872273 was registered on 16 Jan 2024.

    16 Jan 2024

  • Annual General Meeting

    Vijay Steel Corporation Private Limited last Annual general meeting of members was held on 28 Sep 2023 as per latest MCA records.

    28 Sep 2023

  • Charges

    A charge with Sidbi amounted to Rs. 16.00 Cr with Charge ID 100802550 was registered on 13 Sep 2023.

    13 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 25.00 Cr with Charge ID 100792424 was registered on 18 Aug 2023.

    18 Aug 2023

  • Balance Sheet

    Vijay Steel Corporation Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 13.00 Cr with Charge ID 100615746 was registered on 11 Oct 2022.

    11 Oct 2022

Frequently asked questions

  • Vijay Steel Corporation Private Limited was incorporated on 19 May 1995.

  • The authorized share capital of Vijay Steel Corporation Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 3.28 Cr.

  • Currently 2 directors are associated with Vijay Steel Corporation Private Limited.

    • Parasuraman Ramiah Iyer
    • Narendra Chandra Paliwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vijay Steel Corporation Private Limited is 2 Sabhapati Bhavangr Floor 19 Meera Bagh Santacruz (West), Mumbai, Maharashtra, India, 400054.

  • The corporate identification number (CIN) of Vijay Steel Corporation Private Limited is U27100MH1995PTC088530 and the company number is 088530 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Vijay Steel Corporation Private Limited is https://www.vijaysteelcorp.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Vijay Steel Corporation Private Limited has fallen by -5.47%.

  • As Per 2023 financial reports, 4 employees are currently employed by Vijay Steel Corporation Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Vijay Steel Corporation Private Limited has experienced an downturn of -25.59%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Vijay Steel Corporation Private Limited amount to ₹ 121.83 Cr.

  • The most recent Balance Sheet for Vijay Steel Corporation Private Limited was filed with the ROC on 31 Mar 2023.

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