About Venky Hi-Tech Ispat Limited
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Venky Hi-Tech Ispat Limited is a public limited company based in Jamuria, West Bengal, India, a subsidiary of Jupiter Tie Up Private Limited. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 26 December 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U27109WB2003PLC097517. Its GSTIN is 19AACCB4235D1Z1 (West Bengal). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹8.2 Cr and a paid-up capital of ₹4.67 Cr. It was formerly known as Venky Hi-Tech Steels Limited and Bengal Hi-Tech Steels Private Limited. It is led by directors including Vishal Sharma and Aditya Sharma.
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 Jamuria, West Bengal.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.26 Cr, a decline of 89% compared to the previous year. For the same year it recorded a net loss of ₹6.43 Cr (net margin -57.1%) and EBITDA of -₹5.35 Cr (EBITDA margin -47.5%). Revenue has declined at a compounded annual rate (CAGR) of 45% over three years.
The company has about 24 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹15 Cr and satisfied charges of ₹56.04 Cr on record. Court records list 16 cases involving the company, including 11 filed by the company and 5 filed against it; 4 cases are pending. The company has 11 deals on record (6 funding rounds, 5 secondary share transfers), with disclosed funding of ₹23.44 Cr; the latest was in March 2019. Its 5 peer companies in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products) are compared by revenue, 2 larger and 3 smaller; the largest is C S Rolls Private Limited with revenue of ₹11.33 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vicontmt.com.
Company details
Name history
Venky Hi-Tech Ispat has undergone 4 name changes throughout its history. The current legal name is Venky Hi-Tech Ispat Limited.
| Company Name | Status |
|---|---|
| Venky Hi-Tech Ispat Limited | Current |
| Venky Hi-Tech Steels Limited | Previous |
| Bengal Hi-Tech Steels Private Limited | Previous |
| Venky Hi-Tech Steels Private Limited | Previous |
| Venky Hi-Tech Steels Limited | Previous |
CIN history
Venky Hi-Tech Ispat has one previous CIN (Corporate Identification Number): U27109WB2003PTC097517. The current CIN is U27109WB2003PLC097517, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27109WB2003PLC097517 | Current |
| U27109WB2003PTC097517 | Previous |
Contact details
Venky Hi-Tech Ispat Limited's registered office is in Jamuria, West Bengal. Its website is vicontmt.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address33, Masjid Bari Lane, Jamuria, West Bengal, India – 713301
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Venky Hi-Tech Ispat Limited, buy the company report.
- 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
Business activity
The main business activity of Venky Hi-Tech Ispat 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 Venky Hi-Tech Ispat Limited, buy the company report.
Financials of Venky Hi-Tech Ispat Limited
FY 2024 filings availableVenky Hi-Tech Ispat Limited reported revenue of ₹11.26 Cr (down 89% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 45% over three years, including a 89% fall in the latest year. EBITDA fell 382% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹5.35 Cr | ||||
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| Net Profit (PAT) | -₹6.43 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -47.5% | ||||
| Net Profit Margin | -57.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Venky Hi-Tech Ispat Limited, buy the company report.
Board of directors of Venky Hi-Tech Ispat Limited
Venky Hi-Tech Ispat has 4 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishal Sharma Also directs: Tavishi Buildtech LLP, Ankur Finsta Solutions LLP, Ondal Cement Private Limited and 3 more | Director | 28 Jan 2019 | 7 Years 9 Months | Current |
| Aditya Sharma Also directs: Tavishi Buildtech LLP, Anaisha Buildvista LLP, Ankoor Tradevista Private Limited and 2 more | Director | 28 Dec 2019 | 6 Years 10 Months | Current |
| Imran Ali Choudhary | Director | 22 Feb 2024 | 2 Years 8 Months | Current |
| Abhishek Sharma | Director | 28 Jan 2019 | 7 Years 9 Months | Current |
Peer comparison
Venky Hi-Tech Ispat Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| C S Rolls Private Limited | ₹11.33 Cr (FY 2025) | 14513.0% | Fatehgarh Sahib, Punjab, India | |||
| Keshav Metals Private Limited | ₹11.28 Cr (FY 2025) | -25.0% | Aurangabad, Maharashtra, India | |||
| Venky Hi-Tech Ispat Limitedthis company | ₹11.26 Cr (FY 2025) | -₹6.43 Cr | -57.1% | -89.0% | 24 | Jamuria, West Bengal, India |
| Srikar Innovative Industries Private Limited | ₹11.22 Cr (FY 2024) | 591.0% | Raipur, Chhattisgarh, India | |||
| Sumukh Steel Castings Private Limited | ₹11.21 Cr (FY 2025) | 34.0% | Kolhapur, Maharashtra, India | |||
| Akurath Steels Private Limited | ₹11.1 Cr (FY 2024) | -29.0% | Delhi, India |
To see the full peer comparison of Venky Hi-Tech Ispat Limited, buy the company report.
Auditor
Venky Hi-Tech Ispat Limited is audited by LUHARUWALLA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| LUHARUWALLA & ASSOCIATES | FY 2023 | 329418E |
Shareholding
The shareholding of Venky Hi-Tech Ispat 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 Venky Hi-Tech Ispat Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Dec 2019 | 100315037 | Others | ₹15 Cr | Open | |
| 18 Dec 2020 | 100398180 | Axis Bank Limited | ₹21.08 Lakh | Satisfied | |
| 30 Aug 2016 | 100065448 | Others | ₹19 Lakh | Satisfied | |
| 30 Nov 2015 | 10608180 | L & T Finance Limited | ₹14 Lakh | Satisfied | |
| 28 Sep 2005 | 80039708 | State Bank of India | ₹25.5 Cr | Satisfied |
To see the full charge records of Venky Hi-Tech Ispat Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Venky Hi-Tech Ispat Limited has 11 deals on record (6 funding rounds, 5 secondary share transfers), with disclosed funding of ₹23.44 Cr; the latest was in March 2019.
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Funding round | ₹4.67 Cr | Investors: Gliana Tradecom LLP , 3 individuals |
| Sep 2014 | Secondary share transfer | Undisclosed | Buyer: Jupiter Tie Up Private Limited Seller: Expandable Enterprises Private Limited |
| Jan 2013 | Funding round | ₹2.72 Cr | Investors: Jupiter Tie Up Private Limited |
| Mar 2012 | Funding round | ₹2.06 Cr | Investors: Expandable Enterprises Private Limited |
| Oct 2011 | Funding round | ₹1.08 Cr | Investors: Jupiter Tie Up Private Limited |
To see the full deal history of Venky Hi-Tech Ispat Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Venky Hi-Tech Ispat Limited has 16 court cases on record: 11 filed by Venky Hi-Tech Ispat, 5 filed against it. 4 cases are pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 10 | 0 | 0 |
| District courts | 3 | 3 | 3 |
| Supreme Court | 2 | 1 | 0 |
| NCLAT | 1 | 1 | 1 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by Damodar Valley Corporation | Pending |
| District court, Paschim Bardhaman, West Bengal | Court case (C.R Case) | Filed against the company by The Assistant Commissioner | Pending |
| District court, South Twenty Four Parganas, West Bengal | Criminal complaint | Filed against the company by an individual | Pending |
| District court, South Twenty Four Parganas, West Bengal | Revision petition | Filed against the company by Damodar Valley Corporation | Pending |
| High Court, West Bengal | Writ petition | Filed by the company against Assistant Commissioner of Income Tax, Circle 1 ( and 1 other | Disposed |
To see the full case history of Venky Hi-Tech Ispat 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 Venky Hi-Tech Ispat Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Venky Hi-Tech Ispat Limited has a workforce of 24 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Venky Hi-Tech Ispat has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AACCB4235D1Z1 | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Venky Hi-Tech Ispat Limited, buy the company report.
Recent activity
Venky Hi-Tech Ispat Limited has 19 board changes on record since 2011: 4 appointments and 15 cessations. The latest: Imran Ali Choudhary ceased to be Additional Director on 29 Sep 2024.
23 earlier events are in the company report.
Frequently asked questions
Venky Hi-Tech Ispat is an active public limited company based in Jamuria, West Bengal, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 26 December 2003 (23+ years old) and is registered under CIN U27109WB2003PLC097517.
Venky Hi-Tech Ispat has 4 current directors:
- Vishal Sharma - Director
- Aditya Sharma - Director
- Imran Ali Choudhary - Director
- Abhishek Sharma - Director
The latest financial statements of Venky Hi-Tech Ispat 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 Venky Hi-Tech Ispat is 19AACCB4235D1Z1, registered in West Bengal. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Venky Hi-Tech Ispat is U27109WB2003PLC097517. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Venky Hi-Tech Ispat has 16 court cases on record: 11 filed by the company and 5 filed against it. 4 are pending. Most are in the high courts.
Venky Hi-Tech Ispat was incorporated on 26 December 2003, making it 23+ years old. It is registered with the Registrar of Companies, Kolkata.
Venky Hi-Tech Ispat has 11 deals on record (6 funding rounds, 5 secondary share transfers), with disclosed funding of ₹23.44 Cr; the latest was in March 2019.
The peers of Venky Hi-Tech Ispat by revenue are C S Rolls Private Limited, Keshav Metals Private Limited, Srikar Innovative Industries Private Limited, Sumukh Steel Castings Private Limited, Akurath Steels Private Limited, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Imran Ali Choudhary ceased to be Additional Director on 29 Sep 2024. Imran Ali Choudhary was appointed as Director on 22 Feb 2024. Amrita Goenka ceased to be Additional Director on 02 Jan 2024. Venky Hi-Tech Ispat has 19 board changes on record in total.
Venky Hi-Tech Ispat can be reached through the website vicontmt.com. Its registered office is in Jamuria, West Bengal, India.
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