Vinayaka Bright Steels Private Limited

Manufactures and trades in a variety of bright bars and steel products.

2007 | Nagpur, Maharashtra (India) | Active
Last Updated: June 16, 2024

Vinayaka Bright Steels Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.96 M
  • Company Age 17 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 11.60 Cr
  • Satisfied Charges ₹ 6.19 Cr
  • Revenue Growth 66.14%
  • Profit Growth 77.50%
  • Ebitda 17.48%
  • Net Worth 13.49%
  • Total Assets 28.17%

About Vinayaka Bright Steels

Vinayaka Bright Steels Private Limited (VBSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 13 March 2007 and has a history of 17 years and 11 months. Its registered office is in Nagpur, Maharashtra, 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 2023. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.96 M.

The company currently has active open charges totaling ₹11.60 Cr. The company has closed loans amounting to ₹6.19 Cr, as per Ministry of Corporate Affairs (MCA) records.

Arjun Suthar, Lakshaman Suthar, Mohanlal Suthar, and One other member serve as directors at the Company.

Company Details

  • Location

    Nagpur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    vinayakagroup.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999MH2007PTC168683

  • Company No.

    168683

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Mar 2007

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Metals and Minerals

What products or services does Vinayaka Bright Steels Private Limited offer?

Vinayaka Bright Steels Private Limited offers a wide range of products and services, including Steel Bars, Rods, Plates & Sheets, Steel Plates, Steel Rods, Steel Bars, Steel Round Bars.

Who are the key members and board of directors at Vinayaka Bright Steels?

Executive Team (1)

NameDesignationAppointment DateStatus
Mohanlal Suthar Country flag representing In Managing Director13-Mar-2007Current

Board Members (3)

NameDesignationAppointment DateStatus
Lakshaman Suthar Country flag representing In Whole-Time Director 01-Mar-2016Current
Arjun Suthar Country flag representing In Whole-Time Director 01-Mar-2016Current
Kishan Suthar Country flag representing In Whole-Time Director 30-Sep-2011Current

Financial Performance of Vinayaka Bright Steels.

Vinayaka Bright Steels Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 66.14% increase. The company also saw a substantial improvement in profitability, with a 77.5% increase in profit. The company's net worth Soared by an impressive increase of 13.49%.

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
66.14%
Revenue from Operations
65.42%
Total Assets
28.17%
Profit or Loss
77.50%
Net Worth
13.49%
EBITDA
17.48%

What is the Ownership and Shareholding Structure of Vinayaka Bright Steels?

In 2023, Vinayaka Bright Steels 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)

Open Charges

₹115.96 M

Satisfied Charges

₹61.86 M

Charges Breakdown by Lending Institutions

  • Others : 9.60 Cr
  • Union Bank Of India : 2.00 Cr

Latest Charge Details

DateLenderAmountStatus
14 Dec 2023Others₹9.60 CrOpen
31 Mar 2009Union Bank Of India₹2.00 CrOpen
25 Jul 2018Others₹6.19 CrSatisfied

How Many Employees Work at Vinayaka Bright Steels?

Vinayaka Bright Steels has a workforce of 21 employees as of Apr 06, 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 Vinayaka Bright Steels, 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 Vinayaka Bright Steels'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 Vinayaka Bright Steels

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 95.96 M registered on 14 Dec 2023 with Charge ID 100857435 was modified on 05 Feb 2024.

    05 Feb 2024

  • Charges

    A charge registered on 25 Jul 2018 via Charge ID 100209633 with Others was fully satisfied on 24 Jan 2024.

    24 Jan 2024

  • Charges

    A charge with Others amounted to Rs. 95.96 M with Charge ID 100857435 was registered on 14 Dec 2023.

    14 Dec 2023

  • Annual General Meeting

    Vinayaka Bright Steels Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Vinayaka Bright Steels 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 of Rs. 61.86 M registered on 25 Jul 2018 with Charge ID 100209633 was modified on 12 Dec 2022.

    12 Dec 2022

Frequently asked questions

  • Vinayaka Bright Steels Private Limited was incorporated on 13 Mar 2007.

  • The authorized share capital of Vinayaka Bright Steels Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.96 M.

  • Currently 4 directors are associated with Vinayaka Bright Steels Private Limited.

    • Arjun Khamuram Suthar
    • Lakshaman Mohanlal Suthar
    • Mohanlal Kalaji Suthar
    • Kishan Khamuram Suthar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vinayaka Bright Steels Private Limited is C-67 Midc Industrial Area Hingna Road, Nagpur, Maharashtra, India, 440028.

  • The corporate identification number (CIN) of Vinayaka Bright Steels Private Limited is U74999MH2007PTC168683 and the company number is 168683 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Vinayaka Bright Steels Private Limited is https://www.vinayakagroup.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Vinayaka Bright Steels Private Limited has risen by 66.14%.

  • As Per 2023 financial reports, 21 employees are currently employed by Vinayaka Bright Steels Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Vinayaka Bright Steels Private Limited has experienced an upsurge of 13.49%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Vinayaka Bright Steels Private Limited amount to ₹ 11.60 Cr.

  • The most recent Balance Sheet for Vinayaka Bright Steels Private Limited was filed with the ROC on 31 Mar 2023.

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