Sri Vasavi Industries Limited
About Sri Vasavi Industries Limited
Data last updated:
Sri Vasavi Industries Limited was a public limited company based in India, Andhra Pradesh. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the steel segment of the metals and mining sector. It was incorporated on 22 January 1985.
The company was registered with the Registrar of Companies (ROC), Vijayawada, under CIN U27109AP1985PLC005259. Its GSTIN is 19AADCS1262L1Z5 (West Bengal). The company held 4 GST registrations, of which 2 are active.
The company had an authorised share capital of ₹65 Cr and a paid-up capital of ₹15 Cr. It was led by directors including Rajesh Kumar Tiwari (Whole-Time Director) and Jagannath Bisoye.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at V R Agraharamrajam A.P., India, Andhra Pradesh, India – 532127.
As per MCA filings, the company had open charges of ₹130.94 Cr and satisfied charges of ₹41.4 Cr on record. Court records list 61 cases involving the company, including 36 filed by the company and 26 filed against it; 12 cases are pending. The company has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹23.34 Cr; the latest was in March 2022.
Company details
CIN history
Sri Vasavi Industries has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U27109AP1985PLC005259, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27109AP1985PLC005259 | Current |
| L27109AP1985PLC005259 | Previous |
| L27109TG1985PLC005259 | Previous |
Contact details
Sri Vasavi Industries Limited's registered office is in India, Andhra Pradesh.
- Registered AddressV R Agraharamrajam A.P., India, Andhra Pradesh, India – 532127
- IndustryMetals and Minerals, Steel
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Sri Vasavi Industries Limited
FY 2022 filings availableFinancial Statement Summary
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Financial Ratios
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To see the full financial statements and ratios of Sri Vasavi Industries Limited, buy the company report.
Board of directors of Sri Vasavi Industries Limited
Sri Vasavi Industries has 3 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Kumar Tiwari | Whole-Time Director | 21 Dec 2021 | 4 Years 10 Months | As last reported |
| Jagannath Bisoye Also directs: Cosmic Ferro Alloys Limited, Sri Vasavi Ferro Alloys Private Limited, Travisa Commercial Private Limited and 1 more | Director | 10 Nov 2021 | 4 Years 11 Months | As last reported |
| Subba Rao Urinkala | Director | 04 Feb 2022 | 4 Years 8 Months | As last reported |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Aug 2000 | 90125027 | State Bank of India | ₹19.7 Cr | Satisfied | |
| 28 Jan 2000 | 90126193 | State Bank of India | ₹10.25 Cr | Satisfied | |
| 28 Aug 1998 | 90126038 | Indian Renewable Energy Development Agency Ltd | ₹5.65 Cr | Satisfied | |
| 25 Mar 1998 | 90127740 | State Bank of India | ₹5.8 Cr | Satisfied |
To see the full charge records of Sri Vasavi Industries Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Sri Vasavi Industries Limited has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹23.34 Cr; the latest was in March 2022.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Funding round | ₹15 Cr | Investors: 2 individuals |
| Nov 2021 | Secondary share transfer | Undisclosed | Seller: Others - Sri Vasavi Industries Limited |
| Jun 2006 | Funding round | ₹8.34 Cr | Investors: Stressed Assets Stabilization Fund, Import Export Bank of India |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Sri Vasavi Industries Limited has 61 court cases on record: 36 filed by Sri Vasavi Industries, 26 filed against it. 12 cases are pending and 49 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 38 | 10 | 4 |
| District courts | 15 | 12 | 6 |
| NCLT | 4 | 2 | 1 |
| Supreme Court | 3 | 1 | 0 |
| NCLAT | 1 | 1 | 1 |
Cases on record (5 of 61)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, NCLT Amaravati | Insolvency matter | Filed against the company by Sri Vasavi Industries Ltd | Pending |
| NCLT, NCLT Amaravati | Insolvency matter | Filed by the company against Sri Vasavi Industries Ltd | Pending |
| District court, New Delhi, Delhi | Court case (Cr Cases) | Filed against the company by Pec Ltd. | Pending |
| District court, South Twenty Four Parganas, West Bengal | Criminal complaint | Filed against the company by Ms Pec Limited | Pending |
| District court, Dhanbad, Jharkhand | Criminal complaint | Filed against the company by Ms Adhunik Fuels Private Limited | Pending |
To see the full case history of Sri Vasavi Industries Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sri Vasavi Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sri Vasavi Industries has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AADCS1262L1Z5 | West Bengal | Active | 01 Jul 2017 |
| 19AADCS1262L2Z4 | West Bengal | Active | 26 May 2020 |
To see the full GST registrations and return filing status of Sri Vasavi Industries Limited, buy the company report.
Recent activity
Sri Vasavi Industries Limited has 17 board changes on record since 2008: 6 appointments and 11 cessations. The latest: Subba Rao Urinkala was appointed as Director on 04 Feb 2022.
18 earlier events are in the company report.
Frequently asked questions
Sri Vasavi Industries has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Sri Vasavi Industries was a public limited company based in India, Andhra Pradesh. The company worked in steel, within the metals and minerals industry. It was incorporated on 22 January 1985 and is registered under CIN U27109AP1985PLC005259. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Sri Vasavi Industries was incorporated on 22 January 1985. It is registered with the Registrar of Companies, Vijayawada.
Sri Vasavi Industries had 3 directors:
- Rajesh Kumar Tiwari - Whole-Time Director
- Jagannath Bisoye - Director
- Subba Rao Urinkala - Director
The CIN (Corporate Identification Number) of Sri Vasavi Industries is U27109AP1985PLC005259. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Sri Vasavi Industries is at V R Agraharamrajam A.P., India, Andhra Pradesh, India – 532127.
The latest financial statements of Sri Vasavi Industries on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Sri Vasavi Industries is 19AADCS1262L1Z5, registered in West Bengal. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 19AADCS1262L2Z4 (West Bengal).
Sri Vasavi Industries operated in the metals and minerals industry, in the steel segment.
Sri Vasavi Industries has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹23.34 Cr; the latest was in March 2022.