Vinar Ispat Limited

Manufacturer of mild steel products for TLT manufacturing with two approved facilities in Maharashtra and Madhya Pradesh.

1982 | Nagpur, Maharashtra (India) | Active
Last Updated: January 03, 2025

Vinar Ispat Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.83 Cr
  • Company Age 42 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 31.66 Cr
  • Satisfied Charges ₹ 48.59 Cr
  • Revenue Growth -28.81%
  • Profit Growth 13.92%
  • Ebitda -4.03%
  • Net Worth 2.04%
  • Total Assets -15.63%

About Vinar Ispat

Vinar Ispat Limited (VIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 22 March 1982 and has a history of 42 years and 11 months. Its registered office is in Nagpur, Maharashtra, India.

The Corporate was formerly known as Veenars Engineerimg 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 4.83 Cr.

The company currently has active open charges totaling ₹31.66 Cr. The company has closed loans amounting to ₹48.59 Cr, as per Ministry of Corporate Affairs (MCA) records.

Seema Oza, Sushma Sharma, and Vishnukumar Ratanlal serve as directors at the Company.

Company Details

  • Location

    Nagpur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U28910MH1982PLC026756

  • Company No.

    026756

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    22 Mar 1982

  • Date of AGM

    13 Nov 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 Vinar Ispat?

Executive Team (1)

NameDesignationAppointment DateStatus
Vishnukumar Ratanlal Country flag representing In Managing Director27-Mar-1987Current

Board Members (2)

NameDesignationAppointment DateStatus
Seema Oza Country flag representing In Whole-Time Director 06-Dec-2016Current
Sushma Sharma Country flag representing In Whole-Time Director 09-Jan-2017Current

Financial Performance of Vinar Ispat.

Vinar Ispat Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 28.81% decrease. The company also saw a substantial improvement in profitability, with a 13.92% increase in profit. The company's net worth moved up by a moderate rise of 2.04%.

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
-28.81%
Revenue from Operations
-28.66%
Total Assets
-15.63%
Profit or Loss
13.92%
Net Worth
2.04%
EBITDA
-4.03%

What is the Ownership and Shareholding Structure of Vinar Ispat?

In 2022, Vinar Ispat had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹31.66 Cr

Satisfied Charges

₹48.59 Cr

Charges Breakdown by Lending Institutions

  • Others : 30.49 Cr
  • Tata Capital Housing Finance Limited : 1.18 Cr

Latest Charge Details

DateLenderAmountStatus
30 Jun 2017Others₹16.84 CrOpen
01 Sep 2016Others₹1.40 CrOpen
06 Aug 2013Tata Capital Housing Finance Limited₹1.18 CrOpen
24 Mar 2012Others₹12.25 CrOpen
15 Jun 2009Axis Bank Limited₹1.50 CrSatisfied

How Many Employees Work at Vinar Ispat?

Vinar Ispat has a workforce of 53 employees as of Apr 07, 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 Vinar Ispat, 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 Vinar Ispat'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 Vinar Ispat

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 16.84 Cr registered on 30 Jun 2017 with Charge ID 100116471 was modified on 04 Jun 2024.

    04 Jun 2024

  • Annual General Meeting

    Vinar Ispat Limited last Annual general meeting of members was held on 13 Nov 2023 as per latest MCA records.

    13 Nov 2023

  • Balance Sheet

    Vinar Ispat 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 of Rs. 12.25 Cr registered on 24 Mar 2012 with Charge ID 10350587 was modified on 02 Feb 2022.

    02 Feb 2022

  • Charges

    A charge with Others amounted to Rs. 16.84 Cr with Charge ID 100116471 was registered on 30 Jun 2017.

    30 Jun 2017

  • Director Appointment

    Sushma Sharma was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 09 Jan 2017 & has been associated with this company since 8 years 1 month .

    09 Jan 2017

Frequently asked questions

  • Vinar Ispat Limited was incorporated on 22 Mar 1982.

  • The authorized share capital of Vinar Ispat Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.83 Cr.

  • Currently 3 directors are associated with Vinar Ispat Limited.

    • Seema Vishnukumar Oza
    • Sushma Sharma
    • Vishnukumar Oza Ratanlal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vinar Ispat Limited is 201 Steel Chamberwardhaman Nagar India, Nagpur, Maharashtra, 440008.

  • The corporate identification number (CIN) of Vinar Ispat Limited is U28910MH1982PLC026756 and the company number is 026756 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Vinar Ispat Limited has fallen by -28.81%.

  • As Per 2022 financial reports, 53 employees are currently employed by Vinar Ispat Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Vinar Ispat Limited has experienced an upsurge of 2.04%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Vinar Ispat Limited amount to ₹ 31.66 Cr.

  • The most recent Balance Sheet for Vinar Ispat Limited was filed with the ROC on 31 Mar 2023.

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