Velagapudi Steels Limited Company Logo

Velagapudi Steels Limited - Company Profile

It is a metals and minerals public limited company based in Vijayawada, Andhra Pradesh, India, established in 1995.

1995 | Vijayawada, Andhra Pradesh, India | Active
Last Updated:

About Velagapudi Steels Limited

Velagapudi Steels Limited, a active public limited company, was established on 21 March 1995 in Vijayawada, Andhra Pradesh, India. Engaging in steel manufacturing & processing within the manufacturing sector, it holds CIN: U27109AP1995PLC019753. Registered under ROC Roc Vijayawada. it is unlisted. It has an authorized capital of ₹16.00 Cr and a paid-up capital of ₹11.52 Cr.

It upholds a compliant status. Its leadership includes Venkatarama Sastry Vadlamani (Director), Jayaram Ramanadham (Nominee Director), Sivaprasad Chivukula (Director). Past directors included Purshotam Shastri, Tummala Rakesh, Gopalakrishna Prasad Velagapudi. It holds ₹37.25 Cr open charges and no settled loans. Its latest AGM occurred on 28 September 2019, with the balance sheet filed on 31 March 2019. It is based at D.No. 13-8/1, Nidamanuru, Beside Of Sail Stockyard Opp: Union Petrol Bunk, Vijayawada, Andhra Pradesh, 521104.

Company Details

  • CIN/LLPIN

    U27109AP1995PLC019753

  • Registration Number

    019753

  • Incorporation Date

    21 March 1995

  • Authorized Capital

    ₹16.00 Cr

  • Paid-Up Capital

    ₹11.52 Cr

  • ROC Code

    Roc Vijayawada

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 16.00 Cr
  • Paid Up Capital ₹ 11.52 Cr
  • Company Age 30 Year, 9 Months
  • Last Filing with ROC 31 Mar 2019
  • Open Charges ₹ 37.25 Cr
  • Revenue Growth 638.21%
  • Profit Growth -2046.90%
  • Ebitda -2882.51%
  • Net Worth -43.09%
  • Total Assets -8.70%
Company report

Velagapudi Steels Limited

Company Report FY 2025-2026

Explore comprehensive insights into Velagapudi 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 Velagapudi Steels Limited?

Current Directors

NameDesignationAppointment DateStatus
Venkatarama Sastry VadlamaniDirector17 Jan 2005Current
Jayaram RamanadhamNominee Director30 Sep 2012Current
Sivaprasad ChivukulaDirector30 Mar 2005Current
Velagapudi PadmajaDirector21 Mar 1995Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddNominee Director20 Feb 2015Past
Pramod AbcsddDirector20 Mar 2020Past
Pramod AbcsddManaging Director31 May 2014Past
Pramod AbcsddCompany Secretary-Past
Pramod AbcsddNominee Director30 Sep 2012Past
Pramod AbcsddNominee Director21 Feb 2009Past

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Financial Performance of Velagapudi Steels.

Velagapudi Steels Limited, for the financial year ended 2019, experienced significant growth in revenue, with a 638.21% increase. The company also saw a substantial fall in profitability, with a 2046.9% decrease in profit. The company's net worth observed a substantial decline by a decrease of 43.09%.

Velagapudi Steels revenue growth over time
Velagapudi 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
638.21%
Revenue from Operations
Total Assets
-8.70%
Profit or Loss
-2046.90%
Net Worth
-43.09%
EBITDA
-2882.51%

What is the Ownership and Shareholding Structure of Velagapudi Steels?

In 2019, Velagapudi Steels had a promoter holding of 28.73% and a public holding of 71.28%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Charges (Loans)

Open Charges

₹372,500,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Industrial Development Bank Of India Limited : 11.50 Cr
  • Industrial Development Bank Of India : 10.75 Cr
  • Syndicate Bank : 9.00 Cr
  • Industrial Development Bank Of India Ltd. : 6.00 Cr

Latest Charge Details

DateLenderAmountStatus
20 Apr 2006Syndicate Bank₹9.00 CrOpen
24 Sep 2005Industrial Development Bank Of India Limited₹11.50 CrOpen
24 Sep 2005Industrial Development Bank Of India Ltd.₹6.00 CrOpen
12 Apr 2001Industrial Development Bank Of India₹3.25 CrOpen
03 Nov 1997Industrial Development Bank Of India₹7.50 CrOpen

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How Many Employees Work at Velagapudi Steels?

Unlock and access historical data on people associated with Velagapudi Steels, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Velagapudi Steels Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Velagapudi 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 Velagapudi Steels's trajectory.

Rating

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Alerts

Alert Indicator

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Latest Updates, News, and FAQs on Velagapudi Steels

Recent Activity within the Organization

  • Annual General Meeting

    Progress on Velagapudi Steels Limited last Annual general meeting of members was held on 28 Sep 2019 as per latest MCA records. was documented.

  • Balance Sheet

    The activity Velagapudi Steels Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Vijayawada. was completed.

  • Director Appointment

    Jayaram Ramanadham was appointed as a Nominee Director was appointed as a Nominee Director on 30 Sep 2012 & has been associated with this company since 13 years 3 months . was recorded as a recent event.

  • Charges

    Progress on A charge with Industrial Development Bank Of India Limited of Rs. 11.50 Cr registered on 24 Sep 2005 with Charge ID 80003849 was modified on 30 Jun 2009. was documented.

  • Charges

    Progress on A charge with Syndicate Bank of Rs. 9.00 Cr registered on 20 Apr 2006 with Charge ID 10002529 was modified on 04 Mar 2008. was documented.

  • Charges

    A charge with Syndicate Bank amounted to Rs. 9.00 Cr with Charge ID 10002529 was registered on 20 Apr 2006. was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Velagapudi Steels Limited?

    The CIN of Velagapudi Steels Limited is U27109AP1995PLC019753.

  • Where is Velagapudi Steels Limited headquartered?

    Velagapudi Steels Limited is headquartered at D.No. 13-8/1, Nidamanuru, Beside Of Sail Stockyard Opp: Union Petrol Bunk, Vijayawada, Andhra Pradesh, 521104.

  • When was Velagapudi Steels Limited incorporated?

    Velagapudi Steels Limited was incorporated on 21 March 1995.

  • Who are the current directors of Velagapudi Steels Limited?

    The current directors of Velagapudi Steels Limited are

  • What is the primary industry of Velagapudi Steels Limited?

    The primary industry of Velagapudi Steels Limited is Manufacturing.

  • Is Velagapudi Steels Limited a listed company?

    Velagapudi Steels Limited is unlisted.

  • What is the capital structure of Velagapudi Steels Limited?

    The authorized capital of Velagapudi Steels Limited is ₹16.00 Cr, and the paid-up capital is ₹11.52 Cr.

  • What is the compliance status of Velagapudi Steels Limited?

    The compliance status of Velagapudi Steels Limited is Compliant.

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