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 46 cases involving the company, including 26 filed by the company and 20 filed against it; 2 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 of Vinar Ispat Limited
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 of Vinar Ispat Limited
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
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address201 Steel Chamberwardhaman Nagar, Nagpur, Maharashtra, India – 440008
- IndustryMetals and Minerals, Steel Manufacturing & Processing
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Business Activity of Vinar Ispat Limited
The main business activity of Vinar Ispat is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Financials of Vinar Ispat Limited FY 2024 filings available
Vinar 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) of Vinar Ispat Limited
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 of Vinar Ispat Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹3.7 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹96.11 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 | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Vinar Ispat Limited
| 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) | •••• | •••• | •••• | •••• | •••• |
| 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 Vinar Ispat are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
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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 of Vinar Ispat Limited
Vinar Ispat 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 |
|---|---|---|---|---|---|---|
| Raizan Steel Engineering Private Limited. | ₹30.97 Cr (FY 2025) | •••• | •••• | -15.0% | •••• | Pune, Maharashtra, India |
| 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 |
| Jajoo Iron Re-Rollers Pvt Ltd | ₹30.79 Cr (FY 2024) | •••• | •••• | -13.0% | •••• | Jaipur, Rajasthan, India |
| Vinar Ispat Limited this company | ₹30.78 Cr (FY 2024) | •••• | •••• | 99.0% | •••• | Nagpur, Maharashtra, India |
| Toco Steels Private Limited | ₹30.63 Cr (FY 2025) | •••• | •••• | 191.0% | •••• | Rajkot, Gujarat, India |
| Sangam Steel and Sales Private Limited | ₹30.61 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Indore, Madhya Pradesh, India |
| Arwade Steel Industries Limited | ₹30.56 Cr (FY 2025) | •••• | •••• | •••• | Pune, Maharashtra, India | |
| RGS Ispat Private Limited | ₹30.53 Cr (FY 2024) | •••• | •••• | 169.0% | •••• | Hyderabad, Telangana, India |
| Jagdamba Sponge Private Limited | ₹30.5 Cr (FY 2024) | •••• | •••• | -56.0% | •••• | Raigarh, Chhattisgarh, India |
Peers are the five companies nearest above and the five nearest below Vinar Ispat 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 Vinar Ispat Limited
Vinar Ispat Limited is audited by R.M. SHAH AND CO. for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R.M. SHAH AND CO. | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Vinar Ispat Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Vinar Ispat Limited
Open charges
₹29.12 Cr
Satisfied charges
₹60.83 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Feb 2025 | Others | ₹9.7 Cr | Open |
| 30 Jun 2017 | Others | ₹16.84 Cr | Open |
| 01 Sep 2016 | Others | ₹1.4 Cr | Open |
| 06 Aug 2013 | Tata Capital Housing Finance Limited | ₹1.18 Cr | Open |
| 24 Mar 2012 | Others | ₹12.25 Cr | Satisfied |
Total charge records: 15 View all charges
Legal Cases of Vinar Ispat Limited
Vinar Ispat Limited has 46 court cases on record: 26 filed by Vinar Ispat, 20 filed against it. 2 cases are pending and 44 are disposed. Status as checked between 28 Sep 2026 and 03 Oct 2026.
Total cases
46
Filed by the company
26
Filed against the company
20
Pending
2
Disposed
44
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 26 | 16 | 1 |
| High courts | 20 | 4 | 1 |
Cases on record (5 of 46)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chandrapur, Maharashtra | Court case (Other Misc.Cri.Appln) | Filed against the company by The Bank of Baroda Limited | Disposed |
| District court, Nagpur, Maharashtra | Court case (Spl .Dkst) | Filed by the company against Aeon Creations Private Limited | Disposed |
| District court, Nagpur, Maharashtra | Court case (Sum.Civ.Suit) | Filed by the company against Aeon Creations Private Limited | Disposed |
| District court, Wardha, Maharashtra | Civil suit | Filed by the company against Uttam Galva Metalics Ltd | Pending |
| Bombay High Court | Writ petition | Filed by the company against Asstt Provident Fund Commissioner, Employees P. F. Organisation, Nagpur | Pending |
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Full case history
All 46 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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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 Vinar Ispat Limited
Vinar Ispat Limited has a workforce of 53 employees as of Apr 07, 2024.
Employee count
53
Active EPFO establishments
2
Employee growth
-54.31%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
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Group Structure of Vinar Ispat Limited
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 | Locked |
Showing major subsidiaries. Total: 1.
Recent Activity on Vinar Ispat Limited
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 listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Vinar Ispat Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
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MSME Payment Delays by Vinar Ispat Limited
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Vinar Ispat Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Vinar Ispat Limited
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 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Vinar Ispat Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Frequently Asked Questions about Vinar Ispat Limited
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 reported revenue of ₹30.78 Cr for FY 2024 (up 99% YoY).
Vinar Ispat has 3 current directors:
- Vishnukumar Oza Ratanlal - Managing Director
- Seema Vishnukumar Oza - Whole-Time Director
- Sushma Sharma - Whole-Time Director
Vinar Ispat reported a net profit of ₹96.11 Lakh (net margin 3.1%) and EBITDA of ₹3.7 Cr (EBITDA margin 12%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Vinar Ispat is -30% over three years and -11% over five years. In the latest year (FY 2024) revenue rose 99%. CAGR is the steady yearly rate that links the first and the last year.
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 46 court cases on record: 26 filed by the company and 20 filed against it. 2 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 Raizan Steel Engineering Private Limited, Manesar Steel Processing (India) Private Limited, Tushar Pipes Private Limited, North Valley Ispat Udyog Pvt Ltd, Jajoo Iron Re-Rollers Pvt Ltd and 5 more, all in the Metals and Minerals industry (Steel).
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.