MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-PB-12-0009542
Vasu Multimetals Private Limited
Vasu Multimetals Private Limited - metals and minerals in Ludhiana, Punjab, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹147.77 Cr
▼ 33% YoY
Net profit · FY 2024
₹4.58 Lakh
Net margin 0%
EBITDA · FY 2024
₹2.24 Cr
EBITDA margin 1.5%
Authorised capital
₹3.5 Cr
Registered with MCA
Paid-up capital
₹2.66 Cr
Issued & subscribed
Open charges
₹24.03 Cr
Satisfied ₹8.29 Cr
Company age
16 yrs
Est. 2010
Employees · EPFO
2
Provident fund records
About Vasu Multimetals Private Limited
Data last updated:
Vasu Multimetals Private Limited is a private limited company based in Ludhiana, Punjab, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 15 March 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U27100PB2010PTC033692. Its GSTIN is 03AADCV2170N1ZA (Punjab). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹2.66 Cr. It is led by directors Shivam Gupta and Vaishno Dass.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 467 Industrial Area – B Miller Ganj, Ludhiana, Punjab, India – 141003.
As per the financials filed for FY 2024, the company reported a revenue of ₹147.77 Cr, a decline of 33% compared to the previous year. For the same year it recorded a net profit of ₹4.58 Lakh (net margin 0%) and EBITDA of ₹2.24 Cr (EBITDA margin 1.5%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 1% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹24.03 Cr and satisfied charges of ₹8.29 Cr on record. Court records list 6 cases involving the company, including 4 filed by the company and 2 filed against it; 4 cases are pending.
Vasu Multimetals Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-12-0009542). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U27100PB2010PTC033692
Registration Number 033692
Incorporation Date 15 March 2010
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-PB-12-0009542
Key People
Shivam Gupta Director Vaishno Dass Director Recognitions & Rankings of Vasu Multimetals
Contact details
Vasu Multimetals Private Limited's registered office is in Ludhiana, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address467 Industrial Area – B Miller Ganj, Ludhiana, Punjab, India – 141003
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Vasu Multimetals Private Limited, buy the company report.
Comprehensive company report
Vasu Multimetals Private Limited - one report that includes everything
- 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
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Secure checkout · GST invoice included
Business activity
The main business activity of Vasu Multimetals is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Vasu Multimetals Private Limited, buy the company report.
Financials of Vasu Multimetals Private Limited
FY 2024 filings availableVasu Multimetals Private Limited reported revenue of ₹147.77 Cr (down 33% YoY) for FY 2024.
Revenue · FY 2024
₹147.77 Cr ▼ 33%
Net profit · FY 2024
₹4.58 Lakh margin 0%
EBITDA · FY 2024
₹2.24 Cr margin 1.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 33%
3 years · compounded
▲ 8%
5 years · compounded
▲ 1%
EBITDA CAGR growth
1 year
▲ 14%
3 years · compounded
▲ 15%
5 years · compounded
▲ 15%
Revenue fell 33% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA rose 14% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | ₹2.24 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.58 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.5% | ||||
| Net Profit Margin | 0% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Vasu Multimetals Private Limited, buy the company report.
Board of directors of Vasu Multimetals Private Limited
Vasu Multimetals has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shivam Gupta Also directs: SVM Multimetals Private Limited | Director | 15 Oct 2021 | 5 Years 0 Months | Current |
| Vaishno Dass | Director | 15 Mar 2010 | 16 Years 7 Months | Current |
Peer comparison
Vasu Multimetals Private Limited is compared with the 6 companies closest to it by revenue in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Lord Mahaveer Industries Private Limited | ₹148.65 Cr (FY 2025) | -13.0% | Mandi Gobindgarh, Punjab, India | |||
| Aks Alloys Private Limited | ₹148.45 Cr (FY 2018) | 3.0% | Chennai, Tamil Nadu, India | |||
| Vasu Multimetals Private Limitedthis company | ₹147.77 Cr (FY 2024) | ₹4.58 Lakh | 0% | -33.0% | 2 | Ludhiana, Punjab, India |
| Samdari Strips Private Limited | ₹147.16 Cr (FY 2025) | -1.0% | Jodhpur, Rajasthan, India | |||
| Goldstar Metals Limited | ₹146.81 Cr (FY 2025) | 100.0% | Mumbai, Maharashtra, India | |||
| Vishal Metallics Private Limited | ₹146.59 Cr (FY 2025) | -11.0% | Barbil, Odisha, India | |||
| Darshan Extrusions Private Limited | ₹146.41 Cr (FY 2025) | -6.0% | Thane, Maharashtra, India |
To see the full peer comparison of Vasu Multimetals Private Limited, buy the company report.
Auditor
Vasu Multimetals Private Limited is audited by Arun Wahi & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Arun Wahi & Co | FY 2023 | 021599N |
Shareholding
The shareholding of Vasu Multimetals Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Vasu Multimetals Private Limited, buy the company report.
Charges & borrowings
Open charges
₹24.03 Cr
Satisfied charges
₹8.29 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jun 2024 | 100962062 | Axis Bank Limited | ₹45 Lakh | Open | |
| 03 Nov 2018 | 100229597 | Hdfc Bank Limited | ₹23.58 Cr | Open | |
| 12 Oct 2017 | 100140608 | Others | ₹3.5 Cr | Satisfied | |
| 05 Aug 2010 | 10239081 | Allahabad Bank | ₹4.79 Cr | Satisfied |
To see the full charge records of Vasu Multimetals Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Vasu Multimetals Private Limited has 6 court cases on record: 4 filed by Vasu Multimetals, 2 filed against it. 4 cases are pending and 2 are disposed.
Total cases
6
Filed by the company
4
Filed against the company
2
Pending
4
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 0 | 3 |
| District courts | 2 | 2 | 1 |
Cases on record (4 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Punjab and Haryana | Writ petition | Filed by the company against State of Punjab and Others | Pending |
| District court, Ludhiana, Punjab | Commercial suit | Filed against the company | Pending |
| High Court of Punjab and Haryana | Writ petition | Filed by the company against State of Punjab and Others | Disposed |
| District court, Fatehgarh Sahib, Punjab | Execution petition | Filed against the company by M/S Aar Kay Castings | Disposed |
To see the full case history of Vasu Multimetals Private 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 Vasu Multimetals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Vasu Multimetals Private Limited has a workforce of 2 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
Employee count
2
Active EPFO establishments
1
Employee growth
-33.33%
GST
Vasu Multimetals has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AADCV2170N1ZA | Punjab | Active | 01 Jul 2017 |
| 03AADCV2170N1DJ | Punjab | Active | 11 Nov 2024 |
To see the full GST registrations and return filing status of Vasu Multimetals Private Limited, buy the company report.
Recent activity
Vasu Multimetals Private Limited has 7 board changes on record since 2010: 2 appointments and 5 cessations. The latest: Shivam Gupta ceased to be Additional Director on 30 Nov 2021.
AGM
Vasu Multimetals Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.45 Cr with Charge ID 100962062 was registered on 29 Jun 2024.
Filing
Vasu Multimetals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
Charges
A charge with Hdfc Bank Limited of Rs. 23.58 Cr registered on 03 Nov 2018 with Charge ID 100229597 was modified on 15 Mar 2024.
Ceased
Shivam Gupta ceased to be Additional Director.
Appointed
Shivam Gupta was appointed as Director.
Charges
A charge registered on 12 Oct 2017 via Charge ID 100140608 with Others was fully satisfied on 03 Dec 2018.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 23.58 Cr with Charge ID 100229597 was registered on 03 Nov 2018.
Charges
A charge registered on 05 Aug 2010 via Charge ID 10239081 with Allahabad Bank was fully satisfied on 28 Dec 2017.
Charges
A charge with Others of Rs. 3.50 Cr registered on 12 Oct 2017 with Charge ID 100140608 was modified on 18 Oct 2017.
Charges
A charge with Others amounted to Rs. 3.50 Cr with Charge ID 100140608 was registered on 12 Oct 2017.
Ceased
Kajal Gupta ceased to be Additional Director.
7 earlier events are in the company report.
Frequently asked questions
Vasu Multimetals is an active private limited company based in Ludhiana, Punjab, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 15 March 2010 (16+ years old) and is registered under CIN U27100PB2010PTC033692.
Vasu Multimetals has 2 current directors:
- Shivam Gupta - Director
- Vaishno Dass - Director
The latest financial statements of Vasu Multimetals on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Vasu Multimetals is 03AADCV2170N1ZA, registered in Punjab. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 03AADCV2170N1DJ (Punjab).
The CIN (Corporate Identification Number) of Vasu Multimetals is U27100PB2010PTC033692. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vasu Multimetals has 6 court cases on record: 4 filed by the company and 2 filed against it. 4 are pending. Most are in the high courts.
Vasu Multimetals was incorporated on 15 March 2010, making it 16+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Vasu Multimetals by revenue are Lord Mahaveer Industries Private Limited, Aks Alloys Private Limited, Samdari Strips Private Limited, Goldstar Metals Limited, Vishal Metallics Private Limited and 1 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Shivam Gupta ceased to be Additional Director on 30 Nov 2021. Shivam Gupta was appointed as Director on 15 Oct 2021. Kajal Gupta ceased to be Additional Director on 29 Sep 2017. Vasu Multimetals has 7 board changes on record in total.
Yes, Vasu Multimetals is registered as a medium enterprise under Udyam registration (number: UDYAM-PB-12-0009542).
The registered office of Vasu Multimetals is at 467 Industrial Area – B Miller Ganj, Ludhiana, Punjab, India – 141003.