- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-03-0118714

About Vinir Engineering Limited
Data last updated:
Vinir Engineering Limited is a public limited company based in Bangalore, Karnataka, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 01 August 1983 and has been in existence for over 43 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74210KA1983PLC005477. Its GSTIN is 29AAACV6507A1ZL (Karnataka). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹60 Cr and a paid-up capital of ₹42.53 Cr. It is led by directors including Nitesh Gupta (Managing Director) and Matheswaran Muthumanickam.
Its last annual general meeting (AGM) was held on 25 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No.104 Bommasandra Inderstialarea, Bangalore, Karnataka, India – 560099.
As per the financials filed for FY 2025, the company reported a revenue of ₹192.83 Cr, a decline of 18% compared to the previous year. For the same year it recorded a net profit of ₹24.66 Cr (net margin 12.8%) and EBITDA of ₹39.52 Cr (EBITDA margin 20.5%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 15% over five years.
The company has about 191 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: VINIR Engineering. As per MCA filings, the company has open charges of ₹12.6 Cr and satisfied charges of ₹43.05 Cr on record. Court records list 12 cases involving the company, including 6 filed by the company and 6 filed against it; 4 cases are pending. The company has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹5.29 Cr; the latest was in March 2024. Its 8 peer companies in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products) are compared by revenue, 3 larger and 5 smaller; the largest is Adithya Ferro Alloys Private Limited with revenue of ₹193.57 Cr.
Vinir Engineering Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0118714). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vinirforge.org.
Company details
CIN history
Vinir Engineering has one previous CIN (Corporate Identification Number): U74210KA1983PTC005477. The current CIN is U74210KA1983PLC005477, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74210KA1983PLC005477 | Current |
| U74210KA1983PTC005477 | Previous |
Recognitions & Rankings of Vinir Engineering
Contact details
Vinir Engineering Limited's registered office is in Bangalore, Karnataka. Its website is vinirforge.org. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.104 Bommasandra Inderstialarea, Bangalore, Karnataka, India – 560099
- IndustryMachinery and Equipment, Industrial Tools & Components
To see the full contact details of Vinir Engineering 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
Brands
Vinir Engineering operates one associated brand: VINIR Engineering. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Forging and machining services for sectors like oil, gas, defense, and renewable energy in India. | vinirforge.org |
Business activity
The main business activity of Vinir Engineering 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 Vinir Engineering Limited, buy the company report.
Financials of Vinir Engineering Limited
FY 2025 filings availableVinir Engineering Limited reported revenue of ₹192.83 Cr (down 18% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 18% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 15%. EBITDA fell 24% 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 | ₹39.52 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹24.66 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 | 20.5% | ||||
| Net Profit Margin | 12.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Vinir Engineering Limited, buy the company report.
Board of directors and KMP of Vinir Engineering Limited
Vinir Engineering Limited currently reports 6 directors and 2 key managerial personnel. 8 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Matheswaran Muthumanickam Also directs: Vacation Residentials LLP | Director | 21 Dec 2024 | 1 Years 10 Months | Current |
| Deepak Kacker | Ceo | 23 Jul 2025 | 1 Years 3 Months | Current |
| Nitesh Gupta | Managing Director | 04 Sep 1994 | 32 Years 1 Months | Current |
| Ritesh Gupta | Director | 24 Mar 1999 | 27 Years 7 Months | Current |
| Pradeep Kumar Chamaria | Company Secretary | 16 Nov 2024 | 1 Years 11 Months | Current |
| Madhukar Anand | Director | 21 Dec 2024 | 1 Years 10 Months | Current |
Peer comparison
Vinir Engineering 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 |
|---|---|---|---|---|---|---|
| Adithya Ferro Alloys Private Limited | ₹193.57 Cr (FY 2025) | -9.0% | Karaikkal, Puducherry, India | |||
| Omega Bright Steel & Components Private Limited | ₹193.27 Cr (FY 2025) | -5.0% | New Delhi, Delhi, India | |||
| Shivam Steels and Tubes Private Limited | ₹193.17 Cr (FY 2025) | 0.0% | Mumbai, Maharashtra, India | |||
| Vinir Engineering Limitedthis company | ₹192.83 Cr (FY 2025) | ₹24.66 Cr | 12.8% | -18.0% | 191 | Bangalore, Karnataka, India |
| Goyal Malleables Private Limited | ₹192.51 Cr (FY 2025) | 10.0% | Mandi Gobindgarh, Punjab, India | |||
| Subhlabh Cements Private Limited | ₹192.5 Cr (FY 2025) | 16.0% | Kolkata, West Bengal, India | |||
| Kharewali Steel Private Limited | ₹192.16 Cr (FY 2018) | 39.0% | Mumbai, Maharashtra, India | |||
| Saraf Steels Agency Private Limited | ₹192.06 Cr (FY 2025) | -9.0% | Guwahati, Assam, India | |||
| Shivam Ispat Private Limited | ₹191.6 Cr (FY 2025) | -13.0% | Kundaim, Goa, India |
To see the full peer comparison of Vinir Engineering Limited, buy the company report.
Auditor
Vinir Engineering Limited is audited by P.K. Rungta & Co. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P.K. Rungta & Co. | FY 2024 | 003498S |
Shareholding
The shareholding of Vinir Engineering Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Vinir Engineering Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 May 2009 | 10162173 | State Bank of India | ₹12.6 Cr | Open | |
| 06 Aug 2012 | 10376230 | Siemens Financial Services Private Limited | ₹1 Cr | Satisfied | |
| 26 Mar 2012 | 10349885 | Siemens Financial Services Private Limited | ₹1.13 Cr | Satisfied | |
| 02 Jul 2008 | 10231957 | Tata Capital Limited | ₹1.8 Cr | Satisfied | |
| 18 Nov 2006 | 10027745 | Canara Bank | ₹1 Cr | Satisfied |
To see the full charge records of Vinir Engineering Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Vinir Engineering Limited has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹5.29 Cr; the latest was in March 2024.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Seller: 3 individuals |
| Sep 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 4 individuals |
| Mar 2012 | Funding round | ₹4.24 Cr | Investors: 4 individuals |
| Mar 2009 | Funding round | ₹1.05 Cr | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Vinir Engineering Limited has 12 court cases on record: 6 filed by Vinir Engineering, 6 filed against it. 4 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 4 | 1 |
| High courts | 4 | 2 | 3 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Appeal | Filed against the company by M/S Suprajit Engineering Ltd | Pending |
| High Court, TAMIL NADU | Original application | Filed against the company by Karmen International Pvt Ltd | Pending |
| District court, BENGALURU, Karnataka | Execution petition | Filed against the company by Narayani Ispat Private Limited | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (Sum.Civ.Suit) | Filed against the company by Global Transportation Services P.Ltd. | Disposed |
| District court, BENGALURU, Karnataka | Criminal case | Filed against the company by Ms Pest Control India Pvt Ltd | Disposed |
To see the full case history of Vinir Engineering 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
Vinir Engineering Limited was last rated by Brickwork on 25 May 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 25 May 2022 |
To see the full credit ratings and regulatory alerts of Vinir Engineering Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Vinir Engineering Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Vinir Engineering Limited has a workforce of 191 employees on its EPFO records as of Jan 28, 2025, across 2 active EPFO establishments.
GST
Vinir Engineering has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACV6507A1ZL | Karnataka | Active | 01 Jul 2017 |
| 33AAACV6507A1ZW | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vinir Engineering Limited, buy the company report.
Recent activity
Vinir Engineering Limited has 15 board changes on record since 1983: 8 appointments and 7 cessations. The latest: Ritesh Gupta ceased to be Director on 26 Sep 2025.
23 earlier events are in the company report.
Frequently asked questions
Vinir Engineering is an active public limited company based in Bangalore, Karnataka, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 01 August 1983 (43+ years old) and is registered under CIN U74210KA1983PLC005477.
Vinir Engineering has 8 current directors and KMP:
- Nitesh Gupta - Managing Director
- Matheswaran Muthumanickam - Director
- Ritesh Gupta - Director
- Madhukar Anand - Director
- Anita Sanghi - Director
- Naresh Chandra Gupta - Director
- Deepak Kacker - Ceo
- Pradeep Kumar Chamaria - Company Secretary
The latest financial statements of Vinir Engineering on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Vinir Engineering is 29AAACV6507A1ZL, registered in Karnataka. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 33AAACV6507A1ZW (Tamil Nadu).
The CIN (Corporate Identification Number) of Vinir Engineering is U74210KA1983PLC005477. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vinir Engineering has 12 court cases on record: 6 filed by the company and 6 filed against it. 4 are pending. Most are in the district courts.
Vinir Engineering was incorporated on 01 August 1983, making it 43+ years old. It is registered with the Registrar of Companies, Bangalore.
Vinir Engineering has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹5.29 Cr; the latest was in March 2024.
The peers of Vinir Engineering by revenue are Adithya Ferro Alloys Private Limited, Omega Bright Steel & Components Private Limited, Shivam Steels and Tubes Private Limited, Goyal Malleables Private Limited, Subhlabh Cements Private Limited and 3 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Ritesh Gupta ceased to be Director on 26 Sep 2025. Deepak Kacker was appointed as CEO on 23 Jul 2025. Anita Sanghi ceased to be Additional Director on 13 Jan 2025. Vinir Engineering has 15 board changes on record in total.
Yes, Vinir Engineering is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0118714).