About Vicor Stainless Private Limited
Data last updated:
Vicor Stainless Private Limited was a private limited company based in Ahmedabad, Gujarat, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 27 April 2012.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U27109GJ2012PTC070100. Its GSTIN is 24AAKCA5284B3ZU (Gujarat). The company held 3 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹40 Lakh and a paid-up capital of ₹25 Lakh. It was formerly known as Anjani Rerolling Mills Private Limited. It was led by directors Chandragupt Prakash Mangal and Chanakya Prakash Mangal.
Its last annual general meeting (AGM) was held on 24 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at Ahmedabad, Gujarat.
As per the financials filed for FY 2022, the company reported a revenue of ₹35.63 Lakh, a decline of 53% compared to the previous year. For the same year it recorded a net loss of ₹59.35 Lakh (net margin -166.6%) and EBITDA of ₹26.14 Lakh (EBITDA margin 73.4%). Revenue has declined at a compounded annual rate (CAGR) of 70% over five years.
The company had about 1 employee on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had satisfied charges of ₹46.09 Cr on record. Court records list 8 cases involving the company, including 8 filed against it; 2 cases are pending.
The last known website on record is vicorgroup.com.
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- Registered Address205 Mangalam Corporate House 42 Shrimali Society Netaji Marg Mithakhali Navran, Gpura, Ahmedabad, Gujarat, India – 380009
- IndustryMetals and Minerals, Steel Manufacturing & Processing
- 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
- One PDF report, delivered after checkout
Financials of Vicor Stainless Private Limited FY 2022 filings available
Vicor Stainless Private Limited reported revenue of ₹35.63 Lakh (down 53% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Vicor Stainless Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 70% over five years, including a 53% fall in the latest year. EBITDA fell 60% 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 of Vicor Stainless Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| 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 | ₹26.14 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹59.35 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 | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Vicor Stainless Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 73.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -166.6% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Vicor Stainless are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Vicor Stainless Private Limited
Vicor Stainless Private Limited is compared with the companies closest to it by revenue in the Metals and Minerals industry (Steel). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Voortman Steel Machinery India Private Limited | ₹35.94 Lakh (FY 2018) | •••• | •••• | -74.0% | •••• | Hyderabad, Telangana, India |
| Ironclad Steel Private Limited | ₹35.89 Lakh (FY 2023) | •••• | •••• | •••• | Thane, Maharashtra, India | |
| L M Steels Private Limited | ₹35.76 Lakh (FY 2025) | •••• | •••• | 15.0% | •••• | Uttar Pradesh, India |
| SSK Ispat Private Limited | ₹35.69 Lakh (FY 2023) | •••• | •••• | -96.0% | •••• | Bellary, Karnataka, India |
| R.M.Mittal Steels Private Limited | ₹35.65 Lakh (FY 2024) | •••• | •••• | -50.0% | •••• | Gwalior, Madhya Pradesh, India |
| Vicor Stainless Private Limited this company | ₹35.63 Lakh (FY 2022) | •••• | •••• | -53.0% | •••• | Ahmedabad, Gujarat, India |
| Square Steel Private Limited | ₹35.59 Lakh (FY 2020) | •••• | •••• | -45.0% | •••• | Hazaribag, Jharkhand, India |
| A.W. Industries Private Limited | ₹35.49 Lakh (FY 2023) | •••• | •••• | -65.0% | •••• | Bangalore, Karnataka, India |
| Paramount Sheets Private Limited | ₹35.4 Lakh (FY 2025) | •••• | •••• | -35.0% | •••• | Jodhpur, Rajasthan, India |
| Aparant Iron and Steel Private Limited | ₹35.39 Lakh (FY 2025) | •••• | •••• | 2259.0% | •••• | Goa, India |
| Devisa Plasto Chem Private Limited | ₹35.22 Lakh (FY 2024) | •••• | •••• | -41.0% | •••• | Thane, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Vicor Stainless by revenue in the Metals and Minerals industry (Steel), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Vicor Stainless Private Limited
Vicor Stainless Private Limited is audited by NIRAV D SHAH & CO for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| NIRAV D SHAH & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Vicor Stainless Private Limited
Vicor Stainless has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chandragupt Prakash Mangal Also directs: Paradisal Trade LLP, Mangalam Global Enterprise Limited, Mangalam Worldwide Limited and 5 more | Director | 26 Jul 2022 | 4 Years 2 Months | As last reported |
| Chanakya Prakash Mangal | Director | 26 Jul 2022 | 4 Years 2 Months | As last reported |
Ownership and Shareholding of Vicor Stainless Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Vicor Stainless Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Jul 2016 | Dena Bank | ₹11 Cr | Satisfied |
| 06 Nov 2015 | Dena Bank | ₹8.47 Cr | Satisfied |
| 10 Mar 2014 | Dena Bank | ₹8.34 Cr | Satisfied |
| 08 Nov 2012 | State Bank of India | ₹9.14 Cr | Satisfied |
| 03 Nov 2012 | State Bank of India | ₹9.14 Cr | Satisfied |
Total charge records: 5 View all charges
Legal Cases of Vicor Stainless Private Limited
Vicor Stainless Private Limited has 8 court cases on record: 8 filed against it. 2 cases are pending and 6 are disposed. Status as checked between 03 Oct 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 8 | 2 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by Dhani Loans and Services Limited | Pending |
| District court, Faridabad, Haryana | Commercial suit | Filed against the company by Dhani Loans and Services Limited | Pending |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by Dhani Loans and Services Limited | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Poonawalla Fincorp Limited | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Incred Financial Services Limited | Disposed |
Full case history
All 8 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Vicor Stainless Private Limited
Vicor Stainless Private Limited has a workforce of 1 employees as of Apr 06, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Vicor Stainless Private Limited
Vicor Stainless Private Limited has 5 board changes on record since 2018: 2 appointments and 3 cessations. The latest: Chanakya Prakash Mangal was appointed as Director on 26 Jul 2022.
7 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Vicor Stainless Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Vicor Stainless Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Vicor Stainless Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Vicor Stainless Private Limited
Vicor Stainless has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAKCA5284B3ZU | Gujarat | Active | 10 Aug 2020 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Vicor Stainless Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Vicor Stainless Private Limited
Vicor Stainless has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Vicor Stainless was a private limited company based in Ahmedabad, Gujarat, India. The company worked in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 27 April 2012 and is registered under CIN U27109GJ2012PTC070100. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Vicor Stainless was incorporated on 27 April 2012. It is registered with the Registrar of Companies, Ahmedabad.
Vicor Stainless had 2 directors:
- Chandragupt Prakash Mangal - Director
- Chanakya Prakash Mangal - Director
The CIN (Corporate Identification Number) of Vicor Stainless is U27109GJ2012PTC070100. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Vicor Stainless is at 205 Mangalam Corporate House 42 Shrimali Society Netaji Marg Mithakhali Navran, Gpura, Ahmedabad, Gujarat, India – 380009.
Vicor Stainless can be reached through the website vicorgroup.com. Its registered office is in Ahmedabad, Gujarat, India.
Vicor Stainless reported revenue of ₹35.63 Lakh for FY 2022 (down 53% YoY).
Vicor Stainless has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹25 Lakh.
Vicor Stainless reported a net loss of ₹59.35 Lakh (net margin -166.6%) and EBITDA of ₹26.14 Lakh (EBITDA margin 73.4%) for FY 2022, as per its filed financial statements.
The GSTIN of Vicor Stainless is 24AAKCA5284B3ZU, registered in Gujarat. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.