Vijayanagar Steel Limited

Manufactures and trades iron and steel products, incorporated in 1982.

1982 | Bangaluru, Karnataka (India) | Active
Last Updated: December 04, 2024

Vijayanagar Steel Profile

Key Indicators

  • Authorised Capital ₹ 200.00 Cr
  • Paid Up Capital ₹ 12.91 Cr
  • Company Age 42 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -32.99%
  • Profit Growth -3803.26%
  • Ebitda -29.16%
  • Net Worth -0.32%
  • Total Assets -0.64%

About Vijayanagar Steel

Vijayanagar Steel Limited (VSL) is a Public Limited State Government Company incorporated in India on 18 December 1982 and has a history of 42 years and one month. Its registered office is in Bangaluru, Karnataka, India.

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 2024. It's a company limited by shares with an authorized capital of Rs 200.00 Cr and a paid-up capital of Rs 12.91 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Vijayanagar Steel Limited India is Mahesh Basavarajaiah as CEO. Swaroopa Karnick, Gunjan Kinnu, and Mahesh Basavarajaiah serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27101KA1982SGC005078

  • Company No.

    005078

  • Company Classification

    Public Limited State Government Company

  • Incorporation Date

    18 Dec 1982

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Metals and Minerals

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

Executive Team (1)

Name Designation Appointment Date Status
Mahesh Basavarajaiah Country flag representing In Managing Director 30-Nov-2018 Current

Board Members (2)

Name Designation Appointment Date Status
Swaroopa Karnick Country flag representing In Additional Director 03-Sep-2018 Current
Gunjan Kinnu Country flag representing In Director 03-Sep-2018 Current

Financial Performance of Vijayanagar Steel.

Vijayanagar Steel Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 32.99% decrease. The company also saw a substantial fall in profitability, with a 3803.26% decrease in profit. The company's net worth dipped by a decrease of 0.32%.

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
-32.99%
Revenue from Operations
Total Assets
-0.64%
Profit or Loss
-3803.26%
Net Worth
-0.32%
EBITDA
-29.16%

What is the Ownership and Shareholding Structure of Vijayanagar Steel?

In 2023, Vijayanagar Steel 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Vijayanagar Steel?

Unlock and access historical data on people associated with Vijayanagar Steel, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Vijayanagar Steel, 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 Vijayanagar Steel'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 Vijayanagar Steel

Recent activity within the organization

  • Annual General Meeting

    Vijayanagar Steel Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Vijayanagar Steel Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Director Appointment

    Mahesh Basavarajaiah was appointed as a Ceo was appointed as a Ceo on 03 Feb 2024 & has been associated with this company since 11 months 28 days .

    03 Feb 2024

  • Director Appointment

    Mahesh Basavarajaiah was appointed as a Managing Director was appointed as a Managing Director on 30 Nov 2018 & has been associated with this company since 6 years 2 months .

    30 Nov 2018

  • Director Appointment

    Swaroopa Tumkur Karnick was appointed as a Additional Director was appointed as a Additional Director on 03 Sep 2018 & has been associated with this company since 6 years 4 months .

    03 Sep 2018

  • Director Appointment

    Gunjan Kinnu was appointed as a Director was appointed as a Director on 03 Sep 2018 & has been associated with this company since 6 years 4 months .

    03 Sep 2018

Frequently asked questions

  • Vijayanagar Steel Limited was incorporated on 18 Dec 1982.

  • The authorized share capital of Vijayanagar Steel Limited is ₹ 200.00 Cr and paid-up capital is ₹ 12.91 Cr.

  • Currently 4 directors are associated with Vijayanagar Steel Limited.

    • Swaroopa Tumkur Karnick
    • Gunjan Kinnu
    • Mahesh Basavarajaiah
    • Mahesh Basavarajaiah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vijayanagar Steel Limited is Blue Cross Chambers 11 Infantry Road Cross, India, Bangalore, Karnataka, 560001.

  • The corporate identification number (CIN) of Vijayanagar Steel Limited is U27101KA1982SGC005078 and the company number is 005078 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Vijayanagar Steel Limited has fallen by -32.99%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Vijayanagar Steel Limited has experienced an downturn of -0.32%.

  • The most recent Balance Sheet for Vijayanagar Steel Limited was filed with the ROC on 31 Mar 2024.

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