Vital Steel Bars LLP
About Vital Steel Bars LLP
Data last updated:
Vital Steel Bars LLP is a limited liability partnership (LLP) based in Ludhiana, Punjab, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 11 July 2017 and has been in existence for over 9 years.
The LLP is registered with the Registrar of Companies (ROC), Chandigarh, under LLPIN AAJ-9577. Its GSTIN is 03AAPFV5351G1Z2 (Punjab).
The LLP has a total obligation of contribution of ₹100 Cr. It is led by designated partners including Rajeev Aggarwal and Aseem Aggarwal.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at C/O Aarti Impex Jandiali Road Village Budhewal, Ludhiana, Punjab, India – 141112.
As per the financials filed for FY 2021, the LLP reported a revenue of ₹566.8 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹3.36 Cr (net margin 0.6%) and EBITDA of ₹24.19 Cr (EBITDA margin 4.3%).
The LLP has about 21 employees on its provident fund (EPFO) records.
As per MCA filings, the LLP has open charges of ₹205 Cr and satisfied charges of ₹33.3 Cr on record. Court records list 6 cases involving the LLP, including 4 filed by the LLP and 2 filed against it; 2 cases are pending.
Company details
Contact details
Vital Steel Bars LLP's registered office is in Ludhiana, Punjab. Its e-mail address is in the company report.
- Email
- Registered AddressC/O Aarti Impex Jandiali Road Village Budhewal, Ludhiana, Punjab, India – 141112
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Vital Steel Bars LLP, 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
Financials of Vital Steel Bars LLP
FY 2025 filings availableVital Steel Bars LLP reported revenue of ₹566.8 Cr (up 169% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue rose 169% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Statement of Account and Solvency | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Profit After Tax | ₹3.36 Cr | |||
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Financial Ratios
| Statement of Account and Solvency | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Net Profit Margin | 0.6% | |||
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To see the full financial statements and ratios of Vital Steel Bars LLP, buy the company report.
Designated partners of Vital Steel Bars LLP
Vital Steel Bars has 7 current designated partners and 3 former designated partners. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajeev Aggarwal | Designated Partner | 11 Jul 2017 | 9 Years 3 Months | Current |
| Aseem Aggarwal | Designated Partner | 11 Jul 2017 | 9 Years 3 Months | Current |
| Aradhana Aggarwal Also directs: Shree Siddi Vinayak Tor Private Limited, Jjspl Welfare Foundation | Partner | 20 Jun 2018 | 8 Years 4 Months | Current |
| Satish Aggarwal | Partner | 11 Jul 2017 | 9 Years 3 Months | Current |
| Sanjeev Aggarwal Also directs: Aarti Poultry Feeds Private Limited | Designated Partner | 04 Dec 2018 | 7 Years 10 Months | Current |
| Anuradha Aggarwal Also directs: Aarti Poultry Feeds Private Limited | Partner | 20 Jun 2018 | 8 Years 4 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 May 2024 | 100931703 | Axis Bank Limited | ₹90 Cr | Open | |
| 29 Oct 2018 | 100222692 | Hdfc Bank Limited | ₹115 Cr | Open | |
| 14 Oct 2020 | 100380428 | Punjab National Bank | ₹6.8 Cr | Satisfied | |
| 19 Jun 2020 | 100348152 | Punjab National Bank | ₹1.5 Cr | Satisfied | |
| 14 Dec 2018 | 100237497 | Punjab National Bank | ₹25 Cr | Satisfied |
To see the full charge records of Vital Steel Bars LLP, buy the company report.
Total charge records: 5 View all charges
Legal cases
Vital Steel Bars LLP has 6 court cases on record: 4 filed by Vital Steel Bars, 2 filed against it. 2 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 2 | 0 |
| High courts | 2 | 0 | 2 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Punjab and Haryana | Writ petition | Filed by the company against Union of India and Others | Pending |
| District court, Kapurthala, Punjab | Civil suit | Filed against the company | Disposed |
| District court, Ludhiana, Punjab | Execution petition | Filed by the company against M/S Pinki Forging | Disposed |
| District court, Ludhiana, Punjab | Commercial suit | Filed against the company by The Employees State Insurance Corporation | Disposed |
| District court, Ludhiana, Punjab | Civil suit | Filed by the company against M/S Pinki Forging Defendant | Disposed |
To see the full case history of Vital Steel Bars LLP, 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
Vital Steel Bars LLP was last rated by Care on 17 Mar 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 17 Mar 2022 |
To see the full credit ratings and regulatory alerts of Vital Steel Bars LLP, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Vital Steel Bars LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Vital Steel Bars LLP has a workforce of 21 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
GST
Vital Steel Bars has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAPFV5351G1Z2 | Punjab | Active | 01 Apr 2018 |
To see the full GST registrations and return filing status of Vital Steel Bars LLP, buy the company report.
Recent activity
Vital Steel Bars LLP has 10 designated partner changes on record since 2017: 7 appointments and 3 cessations. The latest: Rahul Sahi ceased to be Designated Partner on 31 Mar 2023.
11 earlier events are in the company report.
Frequently asked questions
Vital Steel Bars is an active limited liability partnership based in Ludhiana, Punjab, India. The LLP works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 11 July 2017 (9+ years old) and is registered under LLPIN AAJ-9577.
Vital Steel Bars has 7 current designated partners:
- Rajeev Aggarwal - Designated Partner
- Aseem Aggarwal - Designated Partner
- Aradhana Aggarwal - Partner
- Satish Aggarwal - Partner
- Sanjeev Aggarwal - Designated Partner
- Anuradha Aggarwal - Partner
- Ritu Seth - Designated Partner
The latest financial statements of Vital Steel Bars on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 March 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Vital Steel Bars is 03AAPFV5351G1Z2, registered in Punjab.
The LLPIN (Limited Liability Partnership Identification Number) of Vital Steel Bars is AAJ-9577. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Vital Steel Bars has 6 court cases on record: 4 filed by the LLP and 2 filed against it. 2 are pending. Most are in the district courts.
Vital Steel Bars was incorporated on 11 July 2017, making it 9+ years old. It is registered with the Registrar of Companies, Chandigarh.
Rahul Sahi ceased to be Designated Partner on 31 Mar 2023. Ritu Seth was appointed as Designated Partner on 31 Mar 2023. Ritu Seth ceased to be Partner on 30 Mar 2023. Vital Steel Bars has 10 designated partner changes on record in total.
The registered office of Vital Steel Bars is at CO Aarti Impex Jandiali Road Village Budhewal, Ludhiana, Punjab, India – 141112.
Vital Steel Bars operates in the metals and minerals industry, in the steel manufacturing and processing segment.