
About Vinayaka Bright Steels Private Limited
Data last updated:
Vinayaka Bright Steels Private Limited is a private 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 13 March 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2007PTC168683. Its GSTIN is 27AACCV4694C1Z7 (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9.63 Lakh. It is led by directors including Mohanlal Kalaji Suthar (Managing Director) and Kishan Khamuram Suthar (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at C – 67 MIDC Industrial Area Hingna Road, Nagpur, Maharashtra, India – 440028.
As per the financials filed for FY 2024, the company reported a revenue of ₹36.44 Cr, a growth of 20% compared to the previous year. For the same year it recorded a net loss of ₹72.74 Lakh (net margin -2%) and EBITDA of ₹1.5 Cr (EBITDA margin 4.1%). Revenue has grown at a compounded annual rate (CAGR) of 46% over three years and 26% over five years.
The company has about 21 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹11.6 Cr and satisfied charges of ₹6.19 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vinayakagroup.in.
Company details
Contact details
Vinayaka Bright Steels Private Limited's registered office is in Nagpur, Maharashtra. Its website is vinayakagroup.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressC – 67 MIDC Industrial Area Hingna Road, Nagpur, Maharashtra, India – 440028
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Vinayaka Bright Steels Private 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 Vinayaka Bright Steels 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 Vinayaka Bright Steels Private Limited, buy the company report.
Financials of Vinayaka Bright Steels Private Limited
FY 2025 filings availableVinayaka Bright Steels Private Limited reported revenue of ₹36.44 Cr (up 20% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 26% over five years, including 20% growth in the latest year. EBITDA rose 5% 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 |
|---|---|---|---|---|---|
| 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 | ₹1.5 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹72.74 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.1% | ||||
| Net Profit Margin | -2% | ||||
| 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 | |||||
To see the full financial statements and ratios of Vinayaka Bright Steels Private Limited, buy the company report.
Board of directors of Vinayaka Bright Steels Private Limited
Vinayaka Bright Steels has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohanlal Kalaji Suthar | Managing Director | 13 Mar 2007 | 19 Years 7 Months | Current |
| Kishan Khamuram Suthar | Whole-Time Director | 30 Sep 2011 | 15 Years 0 Months | Current |
| Arjun Khamuram Suthar | Whole-Time Director | 01 Mar 2016 | 10 Years 7 Months | Current |
| Lakshaman Mohanlal Suthar | Whole-Time Director | 01 Mar 2016 | 10 Years 7 Months | Current |
Peer comparison
Vinayaka Bright Steels Private Limited is compared with the 8 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 |
|---|---|---|---|---|---|---|
| Shree Ram Alloys and Ingots Private Limited | ₹36.72 Cr (FY 2016) | 3.0% | Kolkata, West Bengal, India | |||
| Uday Sponge and Power Private Limited | ₹36.71 Cr (FY 2025) | 25.0% | Raipur, Chhattisgarh, India | |||
| Munshi Kewal Steels (India) Private Limited | ₹36.48 Cr (FY 2024) | 24.0% | Delhi, India | |||
| Vinayaka Bright Steels Private Limitedthis company | ₹36.44 Cr (FY 2024) | -₹72.74 Lakh | -2% | 20.0% | 21 | Nagpur, Maharashtra, India |
| Savitri Stainless Private Limited | ₹36.38 Cr (FY 2025) | -25.0% | Kharkhoda, Sonipat, Haryana, India | |||
| Mittal Corp Limited | ₹36.38 Cr (FY 2021) | -88.0% | Mumbai, Maharashtra, India | |||
| Jaiswal Steel Industries Private Limited | ₹36.32 Cr (FY 2025) | 9.0% | Jugsalai Jamshedpur, Jharkhand, India | |||
| Jyotika Strips Private Limited | ₹36.29 Cr (FY 2024) | 1.0% | Alwar, Rajasthan, India | |||
| Krishna Copper Limited | ₹36.25 Cr (FY 2024) | 57.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Vinayaka Bright Steels Private Limited, buy the company report.
Auditor
Vinayaka Bright Steels Private Limited is audited by MILIND NAMJOSHI & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MILIND NAMJOSHI & CO. | FY 2023 | 115111W |
Shareholding
The shareholding of Vinayaka Bright Steels Private 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 Vinayaka Bright Steels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Dec 2023 | 100857435 | Others | ₹9.6 Cr | Open | |
| 31 Mar 2009 | 10153158 | Union Bank of India | ₹2 Cr | Open | |
| 25 Jul 2018 | 100209633 | Others | ₹6.19 Cr | Satisfied |
To see the full charge records of Vinayaka Bright Steels Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Vinayaka Bright Steels Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed against the company by an individual | Disposed |
To see the full case history of Vinayaka Bright Steels Private 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 Vinayaka Bright Steels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Vinayaka Bright Steels Private Limited has a workforce of 21 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Vinayaka Bright Steels has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCV4694C1Z7 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vinayaka Bright Steels Private Limited, buy the company report.
Recent activity
Vinayaka Bright Steels Private Limited has 7 board changes on record since 2007: 4 appointments and 3 cessations. The latest: Arjun Khamuram Suthar was appointed as Whole-Time Director on 01 Mar 2016.
5 earlier events are in the company report.
Frequently asked questions
Vinayaka Bright Steels is an active private 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 13 March 2007 (19+ years old) and is registered under CIN U74999MH2007PTC168683.
Vinayaka Bright Steels has 4 current directors:
- Mohanlal Kalaji Suthar - Managing Director
- Kishan Khamuram Suthar - Whole-Time Director
- Arjun Khamuram Suthar - Whole-Time Director
- Lakshaman Mohanlal Suthar - Whole-Time Director
The latest financial statements of Vinayaka Bright Steels on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Vinayaka Bright Steels is 27AACCV4694C1Z7, registered in Maharashtra.
The CIN (Corporate Identification Number) of Vinayaka Bright Steels is U74999MH2007PTC168683. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vinayaka Bright Steels has 1 court case on record: 1 filed against it.
Vinayaka Bright Steels was incorporated on 13 March 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Vinayaka Bright Steels by revenue are Shree Ram Alloys and Ingots Private Limited, Uday Sponge and Power Private Limited, Munshi Kewal Steels (India) Private Limited, Savitri Stainless Private Limited, Mittal Corp Limited and 3 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Arjun Khamuram Suthar was appointed as Whole-Time Director on 01 Mar 2016. Lakshaman Mohanlal Suthar was appointed as Whole-Time Director on 01 Mar 2016. Kishan Khamuram Suthar ceased to be Director on 19 Aug 2015. Vinayaka Bright Steels has 7 board changes on record in total.
Vinayaka Bright Steels can be reached through the website vinayakagroup.in. Its registered office is in Nagpur, Maharashtra, India.
The registered office of Vinayaka Bright Steels is at C – 67 MIDC Industrial Area Hingna Road, Nagpur, Maharashtra, India – 440028.