Vinit Steels Private Limited

Manufactures and sells various types of steels, utensils, tools, and alloys since 1979.

1979 | Mumbai, Maharashtra (India) | Active
Last Updated: December 28, 2024

Vinit Steels Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 2.14 M
  • Company Age 45 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.00 Cr
  • Satisfied Charges ₹ 1.25 Cr
  • Revenue Growth %
  • Profit Growth -1130.23%
  • Ebitda 11.04%
  • Net Worth -10.54%
  • Total Assets -53.09%

About Vinit Steels

Vinit Steels Private Limited (VSPL) is a Private Limited Indian Non-Government Company incorporated in India on 06 March 1979 and has a history of 45 years and 11 months. Its registered office is in Mumbai, 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 2024. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 2.14 M.

The company currently has active open charges totaling ₹1.00 Cr. The company has closed loans amounting to ₹1.25 Cr, as per Ministry of Corporate Affairs (MCA) records.

Prathit Kedia and Vinit Kedia serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27106MH1979PTC021089

  • Company No.

    021089

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 Mar 1979

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Metals and Minerals

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

Board Members (2)

NameDesignationAppointment DateStatus
Prathit Kedia Country flag representing In Director 01-Nov-2018Current
Vinit Kedia Country flag representing In Director 05-May-1997Current

Financial Performance of Vinit Steels.

Vinit Steels Private Limited, for the financial year ended 2017, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 1130.23% decrease in profit. The company's net worth observed a substantial decline by a decrease of 10.54%.

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
Revenue from Operations
Total Assets
-53.09%
Profit or Loss
-1130.23%
Net Worth
-10.54%
EBITDA
11.04%

What is the Ownership and Shareholding Structure of Vinit Steels?

In 2017, Vinit Steels had a promoter holding of 0.03% and a public holding of 99.97%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹10.00 M

Satisfied Charges

₹12.50 M

Charges Breakdown by Lending Institutions

  • Dena Bank : 0.85 Cr
  • Union Bank Of India : 0.15 Cr

Latest Charge Details

DateLenderAmountStatus
04 Aug 2000Union Bank Of India₹1.50 MOpen
10 Nov 1997Dena Bank₹8.50 MOpen
16 Dec 1999Union Bank Of India₹1.25 CrSatisfied

How Many Employees Work at Vinit Steels?

Unlock and access historical data on people associated with Vinit Steels, 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 Vinit 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 Vinit 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 Vinit Steels

Recent activity within the organization

  • Annual General Meeting

    Vinit Steels Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Vinit Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Prathit Vinit Kedia was appointed as a Director was appointed as a Director on 01 Nov 2018 & has been associated with this company since 6 years 3 months .

    01 Nov 2018

  • Charges

    A charge registered on 16 Dec 1999 via Charge ID 90348307 with Union Bank Of India was fully satisfied on 19 Apr 2007.

    19 Apr 2007

  • Charges

    A charge with Union Bank Of India of Rs. 12.50 M registered on 16 Dec 1999 with Charge ID 90348307 was modified on 09 Jan 2002.

    09 Jan 2002

  • Charges

    A charge with Union Bank Of India amounted to Rs. 1.50 M with Charge ID 90346944 was registered on 04 Aug 2000.

    04 Aug 2000

Frequently asked questions

  • Vinit Steels Private Limited was incorporated on 06 Mar 1979.

  • The authorized share capital of Vinit Steels Private Limited is ₹ 5.00 M and paid-up capital is ₹ 2.14 M.

  • Currently 2 directors are associated with Vinit Steels Private Limited.

    • Prathit Vinit Kedia
    • Vinit Jagdishprasad Kedia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vinit Steels Private Limited is Miital Tower A Wing 8Th Floor Nariman Point, India, Mumbai, Maharashtra, 400021.

  • The corporate identification number (CIN) of Vinit Steels Private Limited is U27106MH1979PTC021089 and the company number is 021089 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2017 indicates that The net worth of Vinit Steels Private Limited has experienced an downturn of -10.54%.

  • As per the financial statements for fiscal Year 2017, The total open charges for Vinit Steels Private Limited amount to ₹ 1.00 Cr.

  • The most recent Balance Sheet for Vinit Steels Private Limited was filed with the ROC on 31 Mar 2024.

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