Vee Pee Steels Private Limited

Vee Pee Steels Private Limited - metals and minerals in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U27202KA1988PTC008878 Incorporated 01 February 1988 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company metals and minerals
Data last updated
Revenue · FY 2025
₹2.15 Lakh
▲ 2% YoY
Net loss · FY 2025
₹45,000
Net margin -20.9%
EBITDA · FY 2025
₹1.75 Lakh
EBITDA margin 81.4%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹99.3 Lakh
Issued & subscribed
Company age
38 yrs
Est. 1988
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About Vee Pee Steels Private Limited

Data last updated:

Vee Pee Steels Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the materials retail and distribution segment of the metals and mining sector. It was incorporated on 01 February 1988 and has been in existence for over 38 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U27202KA1988PTC008878. Its GSTIN is 29AABCR0059C1ZP (Karnataka).

The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹99.3 Lakh. It was formerly known as Rukmani Strips Pvt Ltd. It is led by directors Priscilla Mittal and Ajay Kumar Mittal.

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 No.84 J C Road Manish Towerbangalore, Karnataka, India – 560002.

As per the financials filed for FY 2025, the company reported a revenue of ₹2.15 Lakh, a growth of 2% compared to the previous year. For the same year it recorded a net loss of ₹45,000 (net margin -20.9%) and EBITDA of ₹1.75 Lakh (EBITDA margin 81.4%). Revenue has grown at a compounded annual rate (CAGR) of 54% over three years and 21% over five years.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U27202KA1988PTC008878
Registration Number 008878
Incorporation Date 01 February 1988
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

Contact details

Vee Pee Steels Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    No.84 J C Road Manish Towerbangalore, Karnataka, India – 560002
  • Industry
    Metals and Minerals, Materials Retail & Distribution

To see the full contact details of Vee Pee Steels Private Limited, buy the company report.

Comprehensive company report
Vee Pee 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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Financials of Vee Pee Steels Private Limited

FY 2025 filings available

Vee Pee Steels Private Limited reported revenue of ₹2.15 Lakh (up 2% YoY) for FY 2025.

Revenue · FY 2025
₹2.15 Lakh ▲ 2%
Net loss · FY 2025
₹45,000 margin -20.9%
EBITDA · FY 2025
₹1.75 Lakh margin 81.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 2%
3 years · compounded
▲ 54%
5 years · compounded
▲ 21%
EBITDA CAGR growth
1 year
▲ 18%
3 years · compounded
▲ 171%
5 years · compounded
▲ 59%

Revenue has grown at a compounded annual rate (CAGR) of 21% over five years, including 2% growth in the latest year. EBITDA rose 18% 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₹1.75 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹45,000
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 Margin81.4%
Net Profit Margin-20.9%
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 Vee Pee Steels Private Limited, buy the company report.

Board of directors of Vee Pee Steels Private Limited

Vee Pee Steels has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Priscilla MittalDirector01 Dec 200421 Years 10 MonthsCurrent
Ajay Kumar MittalDirector15 Jun 199432 Years 4 MonthsCurrent

Peer comparison

Vee Pee Steels Private Limited is compared with the 4 companies closest to it by revenue in the Metals and Minerals industry (Materials Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Vee Pee Steels Private Limitedthis company₹2.15 Lakh (FY 2025)-₹45,000-20.9%2.0%Bangalore, Karnataka, India
Sawaria Developers Private Limited₹2.15 Lakh (FY 2025)-72.0%Siliguri, West Bengal, India
Ekaatmaa Sales Private Limited₹2.14 Lakh (FY 2023)5.0%Kolkata, West Bengal, India
Aditya Goyal Overseas Private Limited₹2.12 Lakh (FY 2025)0.0%Indore, Madhya Pradesh, India
M.M. Gulati and Company Private Limited₹2.11 Lakh (FY 2025)103.0%Delhi, India

To see the full peer comparison of Vee Pee Steels Private Limited, buy the company report.

Auditor

Vee Pee Steels Private Limited is audited by P K RUNGTA & CO for the financial year 2019.

Auditor firmFinancial yearFirm registration number
P K RUNGTA & COFY 2019003498S

Shareholding

The shareholding of Vee Pee Steels Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2018FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Vee Pee Steels Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Vee Pee Steels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Vee Pee Steels has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AABCR0059C1ZPKarnatakaActive01 Jul 2017

To see the full GST registrations and return filing status of Vee Pee Steels Private Limited, buy the company report.

Recent activity

Vee Pee Steels Private Limited has 3 board changes on record since 1994: 2 appointments and 1 cessation. The latest: Giridhar Prabhu ceased to be Director on 27 Apr 2019.

AGM
Vee Pee Steels Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Vee Pee Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Giridhar Prabhu ceased to be Director.
Appointed
Priscilla Mittal was appointed as Director.
Appointed
Ajay Kumar Mittal was appointed as Director.
Incorporation
01 Feb 1988
Vee Pee Steels Private Limited was registered on 01 Feb 1988 with Roc Bangalore & aged 38 years 8 months as per MCA records.

Frequently asked questions

Vee Pee Steels is an active private limited company based in Bangalore, Karnataka, India. The company works in materials retail and distribution, within the metals and minerals industry. It was incorporated on 01 February 1988 (38+ years old) and is registered under CIN U27202KA1988PTC008878.

Vee Pee Steels has 2 current directors:

The latest financial statements of Vee Pee 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 2015 are in the company report.

The GSTIN of Vee Pee Steels is 29AABCR0059C1ZP, registered in Karnataka.

The CIN (Corporate Identification Number) of Vee Pee Steels is U27202KA1988PTC008878. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Vee Pee Steels was incorporated on 01 February 1988, making it 38+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Vee Pee Steels by revenue are Sawaria Developers Private Limited, Ekaatmaa Sales Private Limited, Aditya Goyal Overseas Private Limited, M.M. Gulati and Company Private Limited, all in the Metals and Minerals industry (Materials Retail and Distribution), with the same principal business activity (wholesale trading).

Giridhar Prabhu ceased to be Director on 27 Apr 2019. Priscilla Mittal was appointed as Director on 01 Dec 2004. Ajay Kumar Mittal was appointed as Director on 15 Jun 1994.

The registered office of Vee Pee Steels is at No.84 J C Road Manish Towerbangalore, Karnataka, India – 560002.

Vee Pee Steels operates in the metals and minerals industry, in the materials retail and distribution segment.

The compliance status of Vee Pee Steels is compliant as of 11 August 2026. The company is actively filing with the Registrar of Companies.