MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-14-0015593
VBRS Steels Private Limited
VBRS Steels Private Limited - metals and minerals in Mehsana, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹59.25 Cr
▼ 1% YoY
Net profit · FY 2025
₹12.73 Lakh
Net margin 0.2%
EBITDA · FY 2025
₹2.41 Cr
EBITDA margin 4.1%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹46.44 Cr
Secured borrowings
Company age
5 yrs
Est. 2021
Employees · EPFO
8
Provident fund records
About VBRS Steels Private Limited
Data last updated:
VBRS Steels Private Limited is a private limited company based in Mehsana, Gujarat, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 02 December 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U27320GJ2021PTC127729. Its GSTIN is 24AAICV4361J1Z4 (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Devang Subhashbhai Chaudhary and Joy Subhashbhai Chaudhary.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 361 GIDC Phase – II Dediyasan, Mehsana, Gujarat, India – 384002.
As per the financials filed for FY 2025, the company reported a revenue of ₹59.25 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹12.73 Lakh (net margin 0.2%) and EBITDA of ₹2.41 Cr (EBITDA margin 4.1%).
The company has about 8 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹46.44 Cr on record.
VBRS Steels Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-14-0015593).
Company details
CIN U27320GJ2021PTC127729
Registration Number 127729
Incorporation Date 02 December 2021
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Small
Udyam Registration UDYAM-GJ-14-0015593
Key People
Devang Subhashbhai Chaudhary Director Joy Subhashbhai Chaudhary Director Jenith Vinubhai Chaudhari Director Recognitions & Rankings of VBRS Steels
Contact details
VBRS Steels Private Limited's registered office is in Mehsana, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address361 GIDC Phase – II Dediyasan, Mehsana, Gujarat, India – 384002
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of VBRS Steels Private Limited, buy the company report.
Comprehensive company report
VBRS Steels 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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Business activity
The main business activity of VBRS Steels 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 VBRS Steels Private Limited, buy the company report.
Financials of VBRS Steels Private Limited
FY 2025 filings availableVBRS Steels Private Limited reported revenue of ₹59.25 Cr (down 1% YoY) for FY 2025.
Revenue · FY 2025
₹59.25 Cr ▼ 1%
Net profit · FY 2025
₹12.73 Lakh margin 0.2%
EBITDA · FY 2025
₹2.41 Cr margin 4.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 1%
EBITDA CAGR growth
1 year
▲ 47%
Revenue fell 1% in the latest year. EBITDA rose 47% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹2.41 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹12.73 Lakh | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
| Trade Payables | ||||
| Total Liabilities | ||||
| Fixed Assets | ||||
| Investments | ||||
| Inventories | ||||
| Trade Receivables | ||||
| Cash and Bank Balance | ||||
| Total Assets | ||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 4.1% | |||
| Net Profit Margin | 0.2% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
| Debt-to-Equity Ratio | ||||
| Interest Coverage Ratio | ||||
| Efficiency and Growth | ||||
| Asset Turnover | ||||
| Receivable Days | ||||
| Payable Days | ||||
| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of VBRS Steels Private Limited, buy the company report.
Board of directors of VBRS Steels Private Limited
VBRS Steels has 5 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Devang Subhashbhai Chaudhary Also directs: Sardar Steels Private Limited, VBRS Alloys Private Limited | Director | 02 Dec 2021 | 4 Years 11 Months | Current |
| Joy Subhashbhai Chaudhary Also directs: Sardar Steels Private Limited, VBRS Alloys Private Limited | Director | 02 Dec 2021 | 4 Years 11 Months | Current |
| Jenith Vinubhai Chaudhari | Director | 02 Dec 2021 | 4 Years 11 Months | Current |
| Subhashbhai Sankabhai Chaudhary | Director | 02 Dec 2021 | 4 Years 11 Months | Current |
| Jay Vinodbhai Chaudhari Also directs: Sardar Steels Private Limited, VBRS Alloys Private Limited | Director | 02 Dec 2021 | 4 Years 11 Months | Current |
Peer comparison
VBRS Steels Private Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Unique Star Alliance Tools Manufacturing Private Limited | ₹59.6 Cr (FY 2024) | -9.0% | Thane, Maharashtra, India | |||
| Devi Ferro & Steelcast Private Limited | ₹59.48 Cr (FY 2025) | 10.0% | Titagarh, West Bengal, India | |||
| Reliance Steel Tubes Private Limited | ₹59.3 Cr (FY 2024) | 4.0% | Ambernath, Maharashtra, India | |||
| Darpan Ispat Private Limited | ₹59.27 Cr (FY 2025) | -3.0% | Ahmedabad, Gujarat, India | |||
| VBRS Steels Private Limitedthis company | ₹59.25 Cr (FY 2025) | ₹12.73 Lakh | 0.2% | -1.0% | Mehsana, Gujarat, India | |
| Virat Alloys Private Limited | ₹59.13 Cr (FY 2025) | 25.0% | Kalol, Gujarat, India | |||
| Ram Dhari Industries Private Limited | ₹58.96 Cr (FY 2025) | 651.0% | Hyderabad, Telangana, India | |||
| Sisco Industries Limited | ₹58.86 Cr (FY 2025) | -12.0% | Allahabad, Uttar Pradesh, India |
To see the full peer comparison of VBRS Steels Private Limited, buy the company report.
Auditor
VBRS Steels Private Limited is audited by VIRENDRA CHINUBHAI & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VIRENDRA CHINUBHAI & CO. | FY 2023 | 111567W |
Shareholding
The shareholding of VBRS Steels Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of VBRS Steels Private Limited, buy the company report.
Charges & borrowings
Open charges
₹46.44 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Jan 2026 | 101238778 | Axis Bank Limited | ₹1.07 Cr | Open | |
| 21 Dec 2022 | 100655840 | Hdfc Bank Limited | ₹21.1 Cr | Open | |
| 08 Dec 2022 | 100659267 | Hdfc Bank Limited | ₹3.17 Cr | Open | |
| 08 Dec 2022 | 100660310 | Hdfc Bank Limited | ₹21.1 Cr | Open |
To see the full charge records of VBRS Steels Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving VBRS Steels Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for VBRS Steels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
VBRS Steels has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAICV4361J1Z4 | Gujarat | Active | 16 Jan 2022 |
To see the full GST registrations and return filing status of VBRS Steels Private Limited, buy the company report.
Recent activity
VBRS Steels Private Limited has 5 board changes on record since 2021: 5 appointments. The latest: Devang Subhashbhai Chaudhary was appointed as Director on 02 Dec 2021.
Charges
A charge with Axis Bank Limited amounted to Rs. 106.91 Lakh with Charge ID 101238778 was registered on 16 Jan 2026.
Charges
A charge with Hdfc Bank Limited of Rs. 2,110.00 Lakh registered on 08 Dec 2022 with Charge ID 100660310 was modified on 09 Jan 2026.
AGM
Vbrs Steels Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Vbrs Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Hdfc Bank Limited of Rs. 2,110.00 Lakh registered on 21 Dec 2022 with Charge ID 100655840 was modified on 12 Mar 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 2,110.00 Lakh with Charge ID 100655840 was registered on 21 Dec 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 317.20 Lakh with Charge ID 100659267 was registered on 08 Dec 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 2,110.00 Lakh with Charge ID 100660310 was registered on 08 Dec 2022.
Appointed
Devang Subhashbhai Chaudhary was appointed as Director.
Appointed
Jay Vinodbhai Chaudhari was appointed as Director.
Appointed
Jenith Vinubhai Chaudhari was appointed as Director.
Appointed
Joy Subhashbhai Chaudhary was appointed as Director.
2 earlier events are in the company report.
Frequently asked questions
VBRS Steels is an active private limited company based in Mehsana, Gujarat, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 02 December 2021 (5+ years old) and is registered under CIN U27320GJ2021PTC127729.
VBRS Steels has 5 current directors:
- Devang Subhashbhai Chaudhary - Director
- Joy Subhashbhai Chaudhary - Director
- Jenith Vinubhai Chaudhari - Director
- Subhashbhai Sankabhai Chaudhary - Director
- Jay Vinodbhai Chaudhari - Director
The latest financial statements of VBRS Steels on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2022 are in the company report.
The GSTIN of VBRS Steels is 24AAICV4361J1Z4, registered in Gujarat.
The CIN (Corporate Identification Number) of VBRS Steels is U27320GJ2021PTC127729. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
VBRS Steels was incorporated on 02 December 2021, making it 5+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of VBRS Steels by revenue are Unique Star Alliance Tools Manufacturing Private Limited, Devi Ferro & Steelcast Private Limited, Reliance Steel Tubes Private Limited, Darpan Ispat Private Limited, Virat Alloys Private Limited and 2 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Devang Subhashbhai Chaudhary was appointed as Director on 02 Dec 2021. Jay Vinodbhai Chaudhari was appointed as Director on 02 Dec 2021. Jenith Vinubhai Chaudhari was appointed as Director on 02 Dec 2021. VBRS Steels has 5 board changes on record in total.
Yes, VBRS Steels is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-14-0015593).
The registered office of VBRS Steels is at 361 GIDC Phase – II Dediyasan, Mehsana, Gujarat, India – 384002.
VBRS Steels operates in the metals and minerals industry, in the steel manufacturing and processing segment.
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