Vedik Ispat Private Limited

Vedik Ispat Private Limited - metals and minerals in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U27100KA1992PTC073298 Incorporated 06 August 1992 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company metals and minerals MSME · Medium
Data last updated
Revenue · FY 2025
₹91.14 Lakh
▼ 30% YoY
Net loss · FY 2025
₹4.98 Cr
Latest filing
EBITDA · FY 2025
-₹22.91 Lakh
EBITDA margin -25.1%
Authorised capital
₹24.5 Cr
Registered with MCA
Paid-up capital
₹2.1 Cr
Issued & subscribed
Open charges
₹50.17 Cr
Satisfied ₹130.65 Cr
Company age
34 yrs
Est. 1992
Employees · EPFO
2
Provident fund records

About Vedik Ispat Private Limited

Data last updated:

Vedik Ispat Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 06 August 1992 and has been in existence for over 34 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U27100KA1992PTC073298. Its GSTIN is 29AABCG1746R1Z1 (Karnataka). The company holds 4 GST registrations, of which 2 are active.

The company has an authorised share capital of ₹24.5 Cr and a paid-up capital of ₹2.1 Cr. It was formerly known as Gbk Holdings Pvt Ltd. It is led by directors Tribhuvan Amarchand Singhvi and Ashokkumar Amarchand Singhvi.

Its last annual general meeting (AGM) was held on 23 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.

As per the financials filed for FY 2025, the company reported a revenue of ₹91.14 Lakh, a decline of 30% compared to the previous year. For the same year it recorded a net loss of ₹4.98 Cr and EBITDA of -₹22.91 Lakh (EBITDA margin -25.1%). Revenue has declined at a compounded annual rate (CAGR) of 34% over three years and 64% 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 ₹50.17 Cr and satisfied charges of ₹130.65 Cr on record. Court records list 45 cases involving the company, including 19 filed by the company and 26 filed against it; 2 cases are pending. The company has 11 deals on record (5 secondary share transfers, 4 rights issues, 2 funding rounds), with disclosed funding of ₹10.95 Cr; the latest was in July 2019. Its 3 peer companies in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products) are compared by revenue, 1 larger and 2 smaller; the largest is Anumita Overseas Private Limited with revenue of ₹91.33 Lakh. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 5 overdue payments to 2 micro and small suppliers.

Vedik Ispat Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0065331). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vedik.co.in.

Company details

CIN U27100KA1992PTC073298
Registration Number 073298
Incorporation Date 06 August 1992
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 23 August 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-03-0065331

CIN history

Vedik Ispat has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U27100KA1992PTC073298, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U27100KA1992PTC073298Current
U27100WB1992PTC056172Previous
U65999WB1992PTC056172Previous
Key People
Tribhuvan Amarchand Singhvi Director Ashokkumar Amarchand Singhvi Director

Recognitions & Rankings of Vedik Ispat

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-KR-03-0065331

Contact details

Vedik Ispat Private Limited's registered office is in Bangalore, Karnataka. Its website is vedik.co.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    vedik.co.in
  • Registered Address
    No 631 Sector C Ideal Homes Township R Nagar Kenchenahalli Halagehoderahalli Kenger, I Hobli, Bangalore, Karnataka, India – 560098
  • Industry
    Metals and Minerals, Steel Manufacturing & Processing

To see the full contact details of Vedik Ispat Private Limited, buy the company report.

Comprehensive company report
Vedik Ispat 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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Financials of Vedik Ispat Private Limited

FY 2025 filings available

Vedik Ispat Private Limited reported revenue of ₹91.14 Lakh (down 30% YoY) for FY 2025.

Revenue · FY 2025
₹91.14 Lakh ▼ 30%
Net loss · FY 2025
₹4.98 Cr
EBITDA · FY 2025
-₹22.91 Lakh margin -25.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 30%
3 years · compounded
▼ 34%
5 years · compounded
▼ 64%
EBITDA CAGR growth
1 year
▼ 122%
3 years · compounded
▼ 78%
5 years · compounded
▲ 65%

Revenue has declined at a compounded annual rate (CAGR) of 64% over five years, including a 30% fall in the latest year. EBITDA fell 122% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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-₹22.91 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹4.98 Cr
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin-25.1%
Net Profit Margin
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 Vedik Ispat Private Limited, buy the company report.

Board of directors of Vedik Ispat Private Limited

Vedik Ispat has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Tribhuvan Amarchand Singhvi
Also directs: Amar Kundan Chemicals LLP, Tera Panth Foods Limited, Aarav Salt & Chemicals Private Limited and 3 more
Director05 Sep 20251 Years 1 MonthsCurrent
Ashokkumar Amarchand Singhvi
Also directs: Amar Kundan Chemicals LLP, Aarav Salt & Chemicals Private Limited, The Kutch Salt and Allied Industries Limited and 5 more
Director05 Sep 20251 Years 1 MonthsCurrent
View all directors

Peer comparison

Vedik Ispat Private Limited is compared with the 3 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Anumita Overseas Private Limited₹91.33 Lakh (FY 2025)-86.0%Delhi, India
Vedik Ispat Private Limitedthis company₹91.14 Lakh (FY 2025)-₹4.98 Cr-30.0%2Bangalore, Karnataka, India
Bansiwala Steels Private Limited₹90.48 Lakh (FY 2024)7009.0%New Delhi, Delhi, India
Tridev Ispat Private Limited₹90.34 Lakh (FY 2025)13.0%Raipur, Chhattisgarh, India

To see the full peer comparison of Vedik Ispat Private Limited, buy the company report.

Auditor

Vedik Ispat Private Limited is audited by GRV & PK for the financial year 2022.

Auditor firmFinancial yearFirm registration number
GRV & PKFY 2022008099S

Shareholding

The shareholding of Vedik Ispat Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Vedik Ispat Private Limited, buy the company report.

Charges & borrowings

Open charges
₹50.17 Cr
Satisfied charges
₹130.65 Cr
Breakdown by lending institutions
Others₹45.00 Cr
Hdfc Bank Limited₹5.17 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
20 Jan 2026101219696Hdfc Bank Limited₹17.14 LakhOpen
06 Nov 2025101190384Hdfc Bank Limited₹5 CrOpen
28 Dec 2018100229802Others₹45 CrOpen
19 Feb 2019100254250Others₹10 CrSatisfied
22 Mar 2018100186730Others₹12.28 CrSatisfied

To see the full charge records of Vedik Ispat Private Limited, buy the company report.

Total charge records: 8 View all charges

Deals & funding

Vedik Ispat Private Limited has 11 deals on record (5 secondary share transfers, 4 rights issues, 2 funding rounds), with disclosed funding of ₹10.95 Cr; the latest was in July 2019.

Total deals
11
Secondary share transfers
5
Rights issues
4
Funding rounds
2
Disclosed funding
₹10.95 Cr

Deals on record (5 of 11)

WhenDealAmountParties
Jul 2019Secondary share transferUndisclosedBuyer: 3 individuals
Seller: an individual
Mar 2018Rights issue₹2.88 CrInvestors: Mahendra Kumar Bhutara HUF, 3 individuals
Mar 2017Rights issue₹3.94 CrInvestors: 4 individuals
Jan 2009Secondary share transferUndisclosedBuyer: 4 individuals
Seller: Bhomia Suppliers Private Limited, Clarity Finance Pvt Ltd , Baghbaan Distributors Private Limited
Aug 2008Secondary share transferUndisclosedBuyer: Vedik Holdings Pvt Ltd
Seller: Reposit Finco Pvt Ltd , Landmark Fiscal Private Limited , Rishab Trade & Finance Pvt. Ltd.

To see the full deal history of Vedik Ispat Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Vedik Ispat Private Limited was last rated by Care on 04 Aug 2026.

Rating agencyRated onRating
Care04 Aug 2026

To see the full credit ratings and regulatory alerts of Vedik Ispat Private Limited, buy the company report.

MSME payment delays

Vedik Ispat Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 5 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (2 of 2)

SupplierAmount dueDue sinceReported on
an individual supplier
Neptune Systems Pvt. Ltd.

To see the full MSME payment records of Vedik Ispat Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Vedik Ispat Private Limited has a workforce of 2 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.

Employee count
2
Active EPFO establishments
1
Employee growth
-33.33%

GST

Vedik Ispat has 4 GST registrations: 2 active and 2 cancelled or inactive.

Total GSTINs
4
Active
2
Cancelled / inactive
2
GSTINStateStatusRegistered on
29AABCG1746R1Z1KarnatakaActive01 Jul 2017
37AABCG1746R1Z4Andhra PradeshActive01 Jul 2017

To see the full GST registrations and return filing status of Vedik Ispat Private Limited, buy the company report.

Recent activity

Vedik Ispat Private Limited has 13 board changes on record since 2009: 4 appointments and 9 cessations. The latest: Sharad Bhutara ceased to be Managing Director on 08 Sep 2025.

Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.17 Cr with Charge ID 101219696 was registered on 20 Jan 2026.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 5.00 Cr with Charge ID 101190384 was registered on 06 Nov 2025.
Charges
A charge registered on 19 Feb 2019 via Charge ID 100254250 with Others was fully satisfied on 15 Sep 2025.
Charges
A charge registered on 22 Mar 2018 via Charge ID 100186730 with Others was fully satisfied on 15 Sep 2025.
Charges
A charge registered on 29 Dec 2017 via Charge ID 100143792 with Others was fully satisfied on 15 Sep 2025.
Charges
A charge registered on 16 Dec 2017 via Charge ID 100160671 with Others was fully satisfied on 15 Sep 2025.
Charges
A charge registered on 07 Mar 2011 via Charge ID 10274887 with Others was fully satisfied on 15 Sep 2025.
Ceased
Sharad Bhutara ceased to be Managing Director.
Appointed
Ashokkumar Amarchand Singhvi was appointed as Director.
Appointed
Tribhuvan Amarchand Singhvi was appointed as Director.
AGM
Vedik Ispat Private Limited last Annual general meeting of members was held on 23 Aug 2025 as per latest MCA records.
Filing
Vedik Ispat Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.

22 earlier events are in the company report.

Frequently asked questions

Vedik Ispat is an active private limited company based in Bangalore, Karnataka, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 06 August 1992 (34+ years old) and is registered under CIN U27100KA1992PTC073298.

Vedik Ispat has 2 current directors:

The latest financial statements of Vedik Ispat on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 23 August 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Vedik Ispat is 29AABCG1746R1Z1, registered in Karnataka. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 37AABCG1746R1Z4 (Andhra Pradesh).

The CIN (Corporate Identification Number) of Vedik Ispat is U27100KA1992PTC073298. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Vedik Ispat has 45 court cases on record: 19 filed by the company and 26 filed against it. 2 are pending. Most are in the high courts.

Vedik Ispat was incorporated on 06 August 1992, making it 34+ years old. It is registered with the Registrar of Companies, Bangalore.

Vedik Ispat has 11 deals on record (5 secondary share transfers, 4 rights issues, 2 funding rounds), with disclosed funding of ₹10.95 Cr; the latest was in July 2019.

The peers of Vedik Ispat by revenue are Anumita Overseas Private Limited, Bansiwala Steels Private Limited, Tridev Ispat Private Limited, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).

Sharad Bhutara ceased to be Managing Director on 08 Sep 2025. Ashokkumar Amarchand Singhvi was appointed as Director on 05 Sep 2025. Tribhuvan Amarchand Singhvi was appointed as Director on 05 Sep 2025. Vedik Ispat has 13 board changes on record in total.

Yes, Vedik Ispat is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0065331).

Vedik Ispat has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 5 overdue payments to 2 micro and small suppliers. The latest return was filed on 13 Jun 2019.