Vardhman Special Steels Limited Company Logo

Vardhman Special Steels Limited - Company Profile

It is a metals and minerals public limited company based in Ludhiana, Punjab, India, established in 2010.

2010 | Ludhiana, Punjab, India | Active
Last Updated:

About Vardhman Special Steels Limited

Vardhman Special Steels Limited, a active public limited company, was established on 14 May 2010 in Ludhiana, Punjab, India. Engaging in steel manufacturing & processing within the manufacturing sector, it holds CIN: L27100PB2010PLC033930. Registered under ROC Roc Chandigarh. it is listed on BSE: 534392 and NSE: VSSL. It has an authorized capital of ₹100.00 Cr and a paid-up capital of ₹81.56 Cr.

It upholds a compliant status. In 2022, it reported revenue of ₹1,397.35 Cr and a net worth of ₹554.96 Cr. Employing 1,357 professional, Its leadership includes Rakesh Naginchand Jain (Director), Rajinder Kumar Jain (Director), Sanjoy Bhattacharyya (Director). Past directors included Ramni Nirula, Sanjeev Pahwa, Prafulbhai Anubhai Shah. It holds ₹615.00 Cr open charges and ₹328.75 Cr settled loans. Its latest AGM occurred on 19 September 2024, with the balance sheet filed on 31 March 2024. It is based at Vardhman Premises Chandigarh Road India, Ludhiana, Punjab, 141010.

Company Details

  • CIN/LLPIN

    L27100PB2010PLC033930

  • Registration Number

    033930

  • Incorporation Date

    14 May 2010

  • Authorized Capital

    ₹100.00 Cr

  • Paid-Up Capital

    ₹81.56 Cr

  • ROC Code

    Roc Chandigarh

  • Listing Status

    Listed (BSE: 534392, NSE: VSSL)

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 100.00 Cr
  • Paid Up Capital ₹ 81.56 Cr
  • Company Age 15 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 615.00 Cr
  • Satisfied Charges ₹ 328.75 Cr
  • Revenue Growth 47.08%
  • Profit Growth 127.97%
  • Ebitda 68.05%
  • Net Worth 20.81%
  • Total Assets 14.72%
Company report

Vardhman Special Steels Limited

Company Report FY 2025-2026

Explore comprehensive insights into Vardhman Special Steels Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Vardhman Special Steels Limited?

Current Directors

NameDesignationAppointment DateStatus
Rakesh Naginchand JainDirector27 Apr 2018Current
Rajinder Kumar JainDirector15 Mar 2011Current
Sanjoy BhattacharyyaDirector30 Oct 2015Current
Hemant Bharat RamDirector25 Jul 2024Current
Rajeev GuptaDirector15 Mar 2011Current
Vidya ShahDirector25 Jul 2022Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector07 Oct 2013Past
Pramod AbcsddDirector30 Sep 2022Past
Pramod AbcsddDirector05 Nov 2017Past
Pramod AbcsddDirector-Past
Pramod AbcsddDirector16 Jan 2019Past
Pramod AbcsddDirector02 Apr 2011Past

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Financial Performance of Vardhman Special Steels.

Vardhman Special Steels Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 47.08% increase. The company also saw a substantial improvement in profitability, with a 127.97% increase in profit. The company's net worth Soared by an impressive increase of 20.81%.

Vardhman Special Steels revenue growth over time
Vardhman Special Steels 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
47.08%
Revenue from Operations
46.03%
Total Assets
14.72%
Profit or Loss
127.97%
Net Worth
20.81%
EBITDA
68.05%

What is the Ownership and Shareholding Structure of Vardhman Special Steels?

In 2022, Vardhman Special Steels had a promoter holding of 60.78% and a public holding of 39.21%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹6,150,000,000.00

Satisfied Charges

₹3,287,483,000.00

Charges Breakdown by Lending Institutions

  • Others : 575.00 Cr
  • Hdfc Bank Limited : 40.00 Cr

Latest Charge Details

DateLenderAmountStatus
28 Jun 2019Hdfc Bank Limited₹40.00 CrOpen
23 Jan 2019Others₹75.00 CrOpen
25 May 2011Others₹500.00 CrOpen
29 Oct 2015State Bank Of India₹65.00 CrSatisfied
29 Oct 2015State Bank Of India₹28.00 CrSatisfied

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How Many Employees Work at Vardhman Special Steels?

Vardhman Special Steels has a workforce of 1357 employees as of Mar 28, 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.

Employee growth trends for Vardhman Special Steels Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Vardhman Special 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 Vardhman Special 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 Vardhman Special Steels

Recent Activity within the Organization

  • Director Appointment

    The activity Randhir Singh Kalsi was appointed as a Additional Director was appointed as a Additional Director on 07 Nov 2024 & has been associated with this company since 7 months 17 days . was completed.

  • Annual General Meeting

    Progress on Vardhman Special Steels Limited last Annual general meeting of members was held on 19 Sep 2024 as per latest MCA records. was documented.

  • Director Appointment

    Hemant Bharat Ram was appointed as a Director was appointed as a Director on 25 Jul 2024 & has been associated with this company since 11 months . was recorded as a recent event.

  • Balance Sheet

    The activity Vardhman Special Steels Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh. was completed.

  • Charges

    A charge registered on 29 Oct 2015 via Charge ID 10603929 with State Bank Of India was fully satisfied on 10 Jan 2024. was recorded as a recent event.

  • Charges

    The activity A charge with Others of Rs. 500.00 Cr registered on 25 May 2011 with Charge ID 10295541 was modified on 16 Sep 2023. was completed.

Recent News, Updates & Announcement

Frequently Asked Questions

  • What is the CIN of Vardhman Special Steels Limited?

    The CIN of Vardhman Special Steels Limited is L27100PB2010PLC033930.

  • Where is Vardhman Special Steels Limited headquartered?

    Vardhman Special Steels Limited is headquartered at Vardhman Premises Chandigarh Road India, Ludhiana, Punjab, 141010.

  • When was Vardhman Special Steels Limited incorporated?

    Vardhman Special Steels Limited was incorporated on 14 May 2010.

  • Who are the current directors of Vardhman Special Steels Limited?

    The current directors of Vardhman Special Steels Limited are

  • What is the primary industry of Vardhman Special Steels Limited?

    The primary industry of Vardhman Special Steels Limited is Manufacturing.

  • Is Vardhman Special Steels Limited a listed company?

    Vardhman Special Steels Limited is listed. It is listed on BSE: 534392 and NSE: VSSL.

  • What is the capital structure of Vardhman Special Steels Limited?

    The authorized capital of Vardhman Special Steels Limited is ₹100.00 Cr, and the paid-up capital is ₹81.56 Cr.

  • What is the compliance status of Vardhman Special Steels Limited?

    The compliance status of Vardhman Special Steels Limited is Compliant.

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