MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-20-0034449
Vinar Ispat Limited
Vinar Ispat Limited - metals and minerals in Nagpur, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹30.78 Cr
▲ 99% YoY
Net profit · FY 2024
₹96.11 Lakh
Net margin 3.1%
EBITDA · FY 2024
₹3.7 Cr
EBITDA margin 12%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹4.83 Cr
Issued & subscribed
Open charges
₹29.12 Cr
Satisfied ₹60.83 Cr
Company age
44 yrs
Est. 1982
Employees · EPFO
53
Provident fund records
About Vinar Ispat Limited
Data last updated:
Vinar Ispat Limited is a public limited company based in Nagpur, Maharashtra, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 22 March 1982 and has been in existence for over 44 years.
The company is registered with the Registrar of Companies (ROC), Nagpur, under CIN U28910MH1982PLC026756. Its GSTIN is 27AAACV6647F1Z6 (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.83 Cr. It was formerly known as Veenars Engineerimg Private Limited. It is led by directors including Vishnukumar Oza Ratanlal (Managing Director) and Seema Vishnukumar Oza (Whole-Time Director).
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 201 Steel Chamberwardhaman Nagar, Nagpur, Maharashtra, India – 440008.
As per the financials filed for FY 2024, the company reported a revenue of ₹30.78 Cr, a growth of 99% compared to the previous year. For the same year it recorded a net profit of ₹96.11 Lakh (net margin 3.1%) and EBITDA of ₹3.7 Cr (EBITDA margin 12%). Revenue has declined at a compounded annual rate (CAGR) of 30% over three years and 11% over five years.
The company has about 53 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹29.12 Cr and satisfied charges of ₹60.83 Cr on record. Court records list 47 cases involving the company, including 26 filed by the company and 21 filed against it; 3 cases are pending.
Vinar Ispat Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-20-0034449). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U28910MH1982PLC026756
Registration Number 026756
Incorporation Date 22 March 1982
ROC Nagpur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-20-0034449
CIN history
Vinar Ispat has one previous CIN (Corporate Identification Number): L28910MH1982PLC026756. The current CIN is U28910MH1982PLC026756, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U28910MH1982PLC026756 | Current |
| L28910MH1982PLC026756 | Previous |
Key People
Vishnukumar Oza Ratanlal Managing Director Seema Vishnukumar Oza Whole-Time Director Sushma Sharma Whole-Time Director Recognitions & Rankings of Vinar Ispat
Contact details
Vinar Ispat Limited's registered office is in Nagpur, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address201 Steel Chamberwardhaman Nagar, Nagpur, Maharashtra, India – 440008
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Vinar Ispat Limited, buy the company report.
Comprehensive company report
Vinar Ispat 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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Business activity
The main business activity of Vinar 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 Vinar Ispat Limited, buy the company report.
Financials of Vinar Ispat Limited
FY 2024 filings availableVinar Ispat Limited reported revenue of ₹30.78 Cr (up 99% YoY) for FY 2024.
Revenue · FY 2024
₹30.78 Cr ▲ 99%
Net profit · FY 2024
₹96.11 Lakh margin 3.1%
EBITDA · FY 2024
₹3.7 Cr margin 12%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 99%
3 years · compounded
▼ 30%
5 years · compounded
▼ 11%
EBITDA CAGR growth
1 year
▼ 20%
3 years · compounded
▲ 9%
5 years · compounded
▼ 4%
Revenue rose 99% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 11%. EBITDA fell 20% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹3.7 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹96.11 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12% | ||||
| Net Profit Margin | 3.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Vinar Ispat Limited, buy the company report.
Board of directors of Vinar Ispat Limited
Vinar Ispat has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Seema Vishnukumar Oza Also directs: South Central Steel and Power Limited | Whole-Time Director | 06 Dec 2016 | 9 Years 10 Months | Current |
| Sushma Sharma Also directs: South Central Steel and Power Limited | Whole-Time Director | 09 Jan 2017 | 9 Years 9 Months | Current |
| Vishnukumar Oza Ratanlal Also directs: South Central Steel and Power Limited | Managing Director | 27 Mar 1987 | 39 Years 6 Months | Current |
Peer comparison
Vinar Ispat Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Manesar Steel Processing (India) Private Limited | ₹30.92 Cr (FY 2025) | 8.0% | Gurgaon, Haryana, India | |||
| Tushar Pipes Private Limited | ₹30.89 Cr (FY 2025) | 13.0% | Jaipur, Rajasthan, India | |||
| North Valley Ispat Udyog Pvt Ltd. | ₹30.89 Cr (FY 2025) | 12.0% | Siliguri, West Bengal, India | |||
| Vinar Ispat Limitedthis company | ₹30.78 Cr (FY 2024) | ₹96.11 Lakh | 3.1% | 99.0% | 53 | Nagpur, Maharashtra, India |
| Toco Steels Private Limited | ₹30.63 Cr (FY 2025) | 191.0% | Rajkot, Gujarat, India | |||
| Arwade Steel Industries Limited | ₹30.56 Cr (FY 2025) | Pune, Maharashtra, India | ||||
| Jagdamba Sponge Private Limited | ₹30.5 Cr (FY 2024) | -56.0% | Raigarh, Chhattisgarh, India |
To see the full peer comparison of Vinar Ispat Limited, buy the company report.
Auditor
Vinar Ispat Limited is audited by R.M. SHAH AND CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R.M. SHAH AND CO. | FY 2022 | 109756W |
Shareholding
The shareholding of Vinar Ispat 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 category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Vinar Ispat Limited, buy the company report.
Charges & borrowings
Open charges
₹29.12 Cr
Satisfied charges
₹60.83 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Feb 2025 | 101068474 | Others | ₹9.7 Cr | Open | |
| 30 Jun 2017 | 100116471 | Others | ₹16.84 Cr | Open | |
| 01 Sep 2016 | 100049558 | Others | ₹1.4 Cr | Open | |
| 06 Aug 2013 | 10446320 | Tata Capital Housing Finance Limited | ₹1.18 Cr | Open | |
| 24 Mar 2012 | 10350587 | Others | ₹12.25 Cr | Satisfied |
To see the full charge records of Vinar Ispat Limited, buy the company report.
Total charge records: 15 View all charges
Legal cases
Vinar Ispat Limited has 47 court cases on record: 26 filed by Vinar Ispat, 21 filed against it. 3 cases are pending and 44 are disposed.
Total cases
47
Filed by the company
26
Filed against the company
21
Pending
3
Disposed
44
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 27 | 17 | 2 |
| High courts | 20 | 4 | 1 |
Cases on record (5 of 47)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Court case (CNS) | Filed against the company by Shriram Finance Ltd | Pending |
| District court, Nagpur, Maharashtra | Court case (Spl .Dkst) | Filed by the company against Aeon Creations Pvt. Limited | Disposed |
| District court, Nagpur, Maharashtra | Court case (Sum.Civ.Suit) | Filed by the company against Aeon Creations Pvt. Ltd. | Disposed |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against The Asstt Provident Fund Commissioner, Employees P. F. Organisation, Nagpur | Pending |
| District court, Wardha, Maharashtra | Court case (Sum.Civ.Suit) | Filed by the company against Uttam Galva Metalics Ltd. and 1 other | Pending |
To see the full case history of Vinar 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.
Credit ratings & regulatory alerts
Vinar Ispat Limited was last rated by Brickwork on 18 Jan 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 18 Jan 2022 |
To see the full credit ratings and regulatory alerts of Vinar Ispat Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Vinar Ispat Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Vinar Ispat has 1 subsidiary company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| South Central Steel and Power Limited | U27100MH2004PLC149673 |
To see the full group structure of Vinar Ispat Limited, buy the company report.
Employees & EPFO
Vinar Ispat Limited has a workforce of 53 employees on its EPFO records as of Apr 07, 2024, across 2 active EPFO establishments.
Employee count
53
Active EPFO establishments
2
Employee growth
-54.31%
GST
Vinar Ispat has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACV6647F1Z6 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vinar Ispat Limited, buy the company report.
Recent activity
Vinar Ispat Limited has 7 board changes on record since 1987: 3 appointments and 4 cessations. The latest: Chanchal Vishnu Kumar Oza ceased to be Whole-Time Director on 30 Mar 2019.
Charges
A charge registered on 24 Mar 2012 via Charge ID 10350587 with Others was fully satisfied on 19 Nov 2025.
Charges
A charge with Others amounted to Rs. 9.70 Cr with Charge ID 101068474 was registered on 28 Feb 2025.
AGM
Vinar Ispat Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others of Rs. 16.84 Cr registered on 30 Jun 2017 with Charge ID 100116471 was modified on 04 Jun 2024.
Filing
Vinar Ispat Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Nagpur.
Charges
A charge with Others of Rs. 12.25 Cr registered on 24 Mar 2012 with Charge ID 10350587 was modified on 02 Feb 2022.
Ceased
Chanchal Vishnu Kumar Oza ceased to be Whole-Time Director.
Ceased
Seema Vishnukumar Oza ceased to be Additional Director.
Ceased
Sushma Sharma ceased to be Additional Director.
Ceased
Chetan Vishnukumar Oza ceased to be Whole-Time Director.
Charges
A charge with Others amounted to Rs. 16.84 Cr with Charge ID 100116471 was registered on 30 Jun 2017.
Appointed
Sushma Sharma was appointed as Whole-Time Director.
30 earlier events are in the company report.
Frequently asked questions
Vinar Ispat is an active public limited company based in Nagpur, Maharashtra, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 22 March 1982 (44+ years old) and is registered under CIN U28910MH1982PLC026756.
Vinar Ispat has 3 current directors:
- Vishnukumar Oza Ratanlal - Managing Director
- Seema Vishnukumar Oza - Whole-Time Director
- Sushma Sharma - Whole-Time Director
The latest financial statements of Vinar 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 Vinar Ispat is 27AAACV6647F1Z6, registered in Maharashtra. 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 Vinar Ispat is U28910MH1982PLC026756. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vinar Ispat has 47 court cases on record: 26 filed by the company and 21 filed against it. 3 are pending. Most are in the district courts.
Vinar Ispat was incorporated on 22 March 1982, making it 44+ years old. It is registered with the Registrar of Companies, Nagpur.
The peers of Vinar Ispat by revenue are Manesar Steel Processing (India) Private Limited, Tushar Pipes Private Limited, North Valley Ispat Udyog Pvt Ltd, Toco Steels Private Limited, Arwade Steel Industries Limited and 1 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Chanchal Vishnu Kumar Oza ceased to be Whole-Time Director on 30 Mar 2019. Seema Vishnukumar Oza ceased to be Additional Director on 30 Sep 2017. Sushma Sharma ceased to be Additional Director on 30 Sep 2017. Vinar Ispat has 7 board changes on record in total.
Yes, Vinar Ispat is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-20-0034449).
The registered office of Vinar Ispat is at 201 Steel Chamberwardhaman Nagar, Nagpur, Maharashtra, India – 440008.